My Top Advice For DIY Investors (J Mintzmyer)

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Includes: GMLP, SPY, TK
by: Brian Bain

Summary

Don't let someone else dictate your style.

The more you invest, the more you realize you're fallible.

Your investments should be based on fundamentals and should be a story you believe in.

Detailed tips on J's core investment strategies.

Specific ways J is positioning for 2017.

J Mintzmyer is one of 25 Seeking Alpha Contributors participating in the 2017 DIY Investing Summit. In the summit, one of the questions I asked J was what his top advice would be for DIY investors. Below is an excerpt from the interview and a summary of his response.

J's top advice for DIY investors...

  • The more you invest, the more you realize you're fallible
  • Limit your allocations to speculative investments (no more than 20-30% of portfolio)
  • Don't let someone else dictate your style
  • Never invest money you think you'll need in 3-5 years
  • Try to limit your emotions as best as possible
  • Your investments should be based on fundamentals (ex: earnings? cash flow? etc.) and should be a story you believe in
  • If the story changes, sell; don't try to hang around and get lucky
  • If price drops and fundamentals are intact, don't panic
  • Remember why you bought

Interview excerpt:

This is just a small excerpt of what's covered in the interview.

The interview is full of detailed tips on J's core investment strategies, top advice for DIY investors, and specific ways he's positioning for 2017.

Enjoy the full interview with J and other top investors on Seeking Alpha. Registration for the summit is now open and free for a limited time.

Don't like audio/video interviews?

If you prefer to read content as opposed to watch and listen, detailed summary sheets have been created for every interview as an optional add-on. These are better than transcripts; they get to the point and capture all of the highlights.

Full list of summit contributors:

Chris DeMuth, Bret Jensen, Rida Morwa, Brad Thomas, Eric Parnell, Rida Morwa, Ian Bezek, Richard Lejeune, Richard Berger, Aurelien Windenberger, Doug Eberhardt, Dividend Sensei, Ralph Baker, Lawrence Fuller, Double Dividend Stocks, Mark Bern, Mark Hibben, Dividend House, J Mintzmyer, William Koldus, Damon Verial, Avi Gilburt, Shailesh Kumar, Chuck Carnevale, Adam Aloisi, and Colorado Wealth Management

Join J at the DIY Investor Summit (free for a limited time) where he shares detailed tips on his core investment strategies, top advice for DIY investors, and specific ways he's positioning for 2017.

Companies mentioned in J's interview: Golar LNG Partners (NASDAQ:GMLP), Teekay Corporation (NYSE:TK), S&P 500 (NYSEARCA:SPY)

Disclosure: This article is for information purposes only. There are risks involved with investing including loss of principal. Brian and Investor in the Family make no explicit or implicit guarantee with respect to performance or the outcome of any investment or projections made. There is no guarantee that the goals of the strategies discussed by Brian and Investor in the Family will be met.

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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