I bought my first stock position in the early 70's, a company I worked for while attending the University of Utah. I have tried a wide array of investments from limited partnerships to portfolios of rare coins and now stocks.
I have practiced law in Chicago for more than 30 years, almost exclusively involving business transactions, and studied economics before getting my law degree. I have a very healthy respect for how difficult it is to beat Mr. Market over time. I am first and foremost a value investor, but also invest in growth at a reasonable price. As a result of my professional experiences, I have some particular understanding of renewable energy, software, real estate and railroads, so I am overweighted in these areas. I also invest in microcaps (usually companies under $250 million market cap which formerly were SEC filers, but then went "dark"). I focus on asset-rich microcaps which I believe to be undervalued, either because of (a) self-serving managements, (b) market mis-understanding of the underlying assets, and/or (c) unappreciated long-term growth themes. Investing in micro-caps requires a lot of research, patience, and willingness to endure illiquidity, such that I believe that the market mis-prices some of these names.
I enjoy studying, analyzing and making money with stocks.
Some of the best dividend growth investing authors on Seeking Alpha include the following in alphabetical order: Adam Aloisi, Chuck Carnevale, Chowder, David Crosetti, Mike Nadel, Dividend Sleuth, David Van Knapp, and Bob Wells.
If you've landed here, it's either in error or because you are a little curious. Please indulge me for a moment: I signed up as a contributor to publish in September, 2017 the ten-series of artlcles on what Senior Editor Gil Weinreich featured as 'America's Future Finances'. I consider this the single most important matter that will affect nearly everyone in the U.S. in the next two decades. Risk has two components: probability and severity. Collectively, the eight financial challenges addressed in the series, unless they reverse course soon, will rise to the maximum level of both.
Sound like an oversell? Maybe, but you decide. (For credibility, I've published only 11 articles as a newbie author as of this writing, 4 of which have garnered 'Editor's Pick' status.) Please consider a short investment of your time - a 20 second page-down scan of the final article 10, which summarizes the series. Then, consider whether it is worth your investment of time to read the supporting evidence in the articles, which I cited from over 50 articles and other sources, and invested over 150 hours in researching, developing, drafting, and editing. Then, objectively decide for yourself.
We have many growing concerns in this nation (name your poison: opioids, ineffective politicians, terrorism and rogue nation threats, global warming, others). May I suggest you consider thoughtfully where this ranks within the next 20 years in terms of probability, severity, length, and pervasiveness affecting most every living American. I promise you that your awareness of the challenges we face will be sobering, how you think about investing for retirement will change, and that your time invested will be well worth it.
Nearly 40-year, and now retired, CPA. Former experience includes audit and tax work with small and large CPA firms (including as a manager with a 'Big Eight' firm) for companies ranging in size from shoebox records to 10q and 10q reviews (and audit) for a Fortune 500. Also served in various private companies as controller/CFO.
Spent the last 21 years prior to retirement with several municipalities as Finance Director (former CPFO, CGFM, CNA) with background in all aspects of financial and treasury management. This included investment of a $25m portfolio in fixed income investments, and issuances of SEC-registered municipal bonds (writing the POS's and OS's), including a trip to Wall Street to meet with Moody's for a bond rating and for a bond insurance meeting (which included a cool visit on the floor of the NYSE during the trading day, pre- 9/11).
I also benefit from a series four week-long seminars on real estate economic development training via classes and tests to become certified as an Economic Development Finance Professional (EDFP). (Never used one bit of it in my career, but it sure helps to understand IRR's etc for REITs now.)
Beyond the CPA-type details, macro-focused and long-term strategic thinker and investor since the early 1980s focused on DGI of revenue-growing cash-flow cows. As a retiree, I prefer investments to companies with 1) steady, monthly, growing top line revenue, 2) growing cash flow and income and dividends, 3) strong long-term runway for product/service demand, 4) with strong controls over expenses and little overhead %. Investing for both growing dividends and total return. These characteristics, particularly increasing dividends during hard times, build wealth over time by compounding including reinvestment in the Roth and traditional IRAs. I find many selective REITs to strongly fulfill these specific portfolio criteria more than many non-reits (particularly economic-sensitive including cyclicals and banks). My holdings have changed over recent years and will change going forward as I continue to learn and tweak my portfolio. While I would prefer to be a long-term buy monitor investor, I've recognized that circumstances change over time, and what was once a great investment may no longer be. While I am presently focused on data center, tower, and fiber reits, I also expect in the future to evaluate many other investment choices.
As a retiree, I'm not a trader. I prefer owning companies with great fundamentals versus more riskier options. This means fewer worries about the thousands of minute-by-minute price overreactions when Mr. Market has another bi-polar manic tantrum. When prices drop, I just remind myself that I own great companies with strong fundamentals in sound long-term growing businesses having growing cash flows and dividends. Selloffs are awesome opportunities: value buying matters enormously, having learned that overpaying has been my greatest mistake, but one of the best lessons learned.
My career experience In accounting and finance provides critical skills sets for investing, of which one of the best is recognizing the exponential wealth-building power of reinvestment of divvies in deferred/tax free accounts.
SA handle explanation: photo - Lennon Rickenbacker 350 model. former member of 60's/Beatles bands, harp, keyboards, backing vocals, occasional lead vocal. Met McCartney a couple of times in '74 at his home in St. Johns Wood, a few blocks from EMI studios at Abbey Road (if you're going to London). Got hooked at that point.
20 years of doing my own investing. Avid reader of Financial magazines and Barrons. Higher level of investing knowledge. Learned my investing lessons over the years. I believe in investing to mitigate risks to our money in terms of larger downside risk. Therefor I have invested to protect against dollar devaluation, and high or hyper-inflation. Those risks are much much higher today (4/2011) than they were in 2007. So to minimize these risks to your net worth AND TO YOUR PURCHASING POWER, at 35% I am heavily invested in alternative investments (those investments that should maintain or increase in value during high inflation or with dollar devaluation). Examples, gold, silver, TIPS (Vanguard Inflation Protected Securities Fund or the TIPS fund are good choices), energy & oil, and commodities including agricultural, and International stocks. These stocks wiill do better than US stocks because of exchange rates if we have a dollar devaluation. 15% in silver and among all alternative investments as things get worse I will increase my alternative investments allocation and will add guaranteed (for principal but not to exchange rate) cd's invested in a strong basket of foreign currencies through Everbank (www.everbank.com)
And remember a good stock fund is easier to pick than a stock, easier to monitor. Do not have over 2% of your investing assets of all types in any one stock!!!!! This has killed many investor due to stock specific risk (Enron, Level 3 etc).
I have been investing for about six years now. I eventually want to be a full-time day trader. I consider myself a medical marijuana stock expert given the time i've spent researching and trading these stocks in this particular sector.
I am a Civil Engineer, who is married with three kids under the age of 6. In early 2013 I took a more active role in managing my IRA for retirement and decided to publicly share my experiences in building the portfolio. My hope is to provide a positive example for other young do-it-yourself investors as they save for retirement on a limited budget.
My interest in investing mostly began in 2005 when I started up an investment club with a few friends from college and has accelerated as I've been reading and learning along the way. Since then, investing and the stock market has become a passion and favorite hobby and I've enjoyed writing about stocks and sharing ideas I have here on Seeking Alpha.
My investing goals are to build a nest egg for retirement and fund college education accounts for my kids. I invest mainly in dividend paying stocks that have shown a history of consistent growth in earnings and dividend payouts.