The start of holding myself accountable
Today, I've decided to start a blog that tracks what I do and how I think about my investments. For the most part, this blog is for me to hold myself accountable for what I do, however, if others decide they find this interesting, I look forward to a start of positive communications and idea sharing. I think you learn the most when there's constructive discussions and I won't accept anything less.
As for me, I'm just a pretty average person. You'll find I can be a little scattered at times and can ramble. I try my best, though, it's just difficult sometimes. I have decided to invest some of my savings in the hope to use my money to make more money. I'm not rich, I'm not poor, I believe in hard work. I have purchased stocks already and have been holding them for up to almost 2 years at this point. I plan to start by laying those positions out talk about where I'm at, what I'm thinking, and what I know I've done right or wrong already.
Yes, I'm a fan of Jim Cramer and his TV shows. So if that's something you can't stand, move on. I might be a fan, I don't always agree, though, and I believe I have actually learned some things about myself and my choices through things he's discussed. I'm also a fan of less controversial investment commentators like Jeff Macke and Herb Greenberg, so it's a matter of taking what you can learn from those that build up some trust with you and use it to build your own strategies.
When I get this blog rolling, I plan to discuss my thoughts on stocks I own or have interest in. One thing I've learned courtesy of Jim Cramer is that I should find a way to track the history of my decisions - allow myself a chance to see what I did right and wrong so I can improve in the future. I figured if I'm going to do that for myself, I might as well store that history somewhere that might be beneficial to others too. My personal goals are to be able to out perform the S&P 500 with a portfolio of no more than 7 stocks at any one time. I'm in my 30s and this isn't for retirement, so I can and will be a little more risky. I don't know how frequent I'll post, but I hope I keep on this pretty well. Obviously, if I get others interested, I'll have reasons to maintain my involvement, however, I won't be letting this rule my life. I'm a common retail investor, so I have more important things to do.
That's a quick overview to what this and I am about. Feel free to stay around a little while and see what happens. Right now, your guess is as good as mine!
As for me, I'm just a pretty average person. You'll find I can be a little scattered at times and can ramble. I try my best, though, it's just difficult sometimes. I have decided to invest some of my savings in the hope to use my money to make more money. I'm not rich, I'm not poor, I believe in hard work. I have purchased stocks already and have been holding them for up to almost 2 years at this point. I plan to start by laying those positions out talk about where I'm at, what I'm thinking, and what I know I've done right or wrong already.
Yes, I'm a fan of Jim Cramer and his TV shows. So if that's something you can't stand, move on. I might be a fan, I don't always agree, though, and I believe I have actually learned some things about myself and my choices through things he's discussed. I'm also a fan of less controversial investment commentators like Jeff Macke and Herb Greenberg, so it's a matter of taking what you can learn from those that build up some trust with you and use it to build your own strategies.
When I get this blog rolling, I plan to discuss my thoughts on stocks I own or have interest in. One thing I've learned courtesy of Jim Cramer is that I should find a way to track the history of my decisions - allow myself a chance to see what I did right and wrong so I can improve in the future. I figured if I'm going to do that for myself, I might as well store that history somewhere that might be beneficial to others too. My personal goals are to be able to out perform the S&P 500 with a portfolio of no more than 7 stocks at any one time. I'm in my 30s and this isn't for retirement, so I can and will be a little more risky. I don't know how frequent I'll post, but I hope I keep on this pretty well. Obviously, if I get others interested, I'll have reasons to maintain my involvement, however, I won't be letting this rule my life. I'm a common retail investor, so I have more important things to do.
That's a quick overview to what this and I am about. Feel free to stay around a little while and see what happens. Right now, your guess is as good as mine!
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