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#1 |
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forum leader
weekly challenge winner 6x
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So in relation to the "good place to hang out" thread, I thought it would be good to get to know each other, get some background info (schooling, job, wife/husband/gf/bf, kids, sports team, etc.), something about how we got into trading maybe, and what we're looking to get out of it.
I suppose I'll start since this was my idea! After finishing my phd in molecular biophysics/biochemistry in England I came to UCSD to do a post-doc and met my now fiance. (We now live in the bay area and I work for a large government lab.) She had the idea of investing some of our savings, about a year ago, and after a slow start I've learnt a lot and, more importantly, I really love it! (Sometimes I hate it!) It's the first hobby I've ever had that's actually making rather than using money! I'd say my science background gives me a good insight into the biotech/pharma sector and hence why my portfolio is very skewed towards them. My fiance is a bit like my Mrs. Cramer - she keeps the disapline for the rules we're trying to set! Our savings/investments are really for the house we'd like to buy once the housing market crashes next year - or at some point in the next few years! I don't want to buy a condo/townhome that's gone up 150% in the last 3 years!! I went to Oxford University and my religeon is Liverpool Football Club! YNWA! (That's "soccer" people!) |
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#2 |
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valued contributor
![]() Join Date: Jul 2005
Location: MASSACHUSETTS
Posts: 80
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Hello, I'm Kim and I live in Massachusetts, I have 2 girls, both ready for college in 3 and 5 years.
I do payroll & accounting for a 2 Deli's and run all financials thru my tax accountant before I file taxes/close the year etc... I am good at reading a balance sheet/financials so I thought I would start trading/ investing for the kids college. Started w/ $3000.00 and made 300 or 400 in 7 months already, it's a start., can you make 1.00 at a bank on $3,000... nooooo NOT AROUND THIS AREA... I currently have 2 ira's, 2 roth ira., and many mutual funds., so I thought investing in stocks was well balanced, as long as I don't lose my initial $3,000... so that is my story and I'm sticking to it. Hi all Kim |
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#3 |
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valued contributor
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My name is Tim, Im 20 and a college student this is my third year investing. First year I was up 51% last year I was up 22%. I go to Central Michigan University and am trying to get a degree in Finance, right now the damn college algebra is killing me though
I like investing, cars, working out, thoroughbred racing, and hunting/fishing/guns |
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#4 |
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forum leader
![]() Join Date: Aug 2005
Location: Orange County, CA
Posts: 1,801
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Some of you might already know my story. 27 years old, just got married last year, financial advisor.
Started investing in 1999. Made my first $6000 out of $3000 initial investment in the dot com era, lost it all and 90% of my own capital during the implosion. Learned my first lesson in investing...sell while the selling is good. Started investing for clients in 2003 and made a killing on a single stock: IVAN, which brought me back from my funk. Graduated from the University of California, at Irvine with a BA in Sociology and a Minor in Management. After graduating I was hired by a Retirement Plan Consulting and Administration Company in Irvine. During my time there, I learned about qualified plans such as 401K's, Defined Benefits, Profit Sharing, and Money Purchase Plans. Picked up a number of different investment strategies with the brokers and CPA's that I worked with and decided to try my hand at becoming a financial advisor. Got my series 7 and 63 licenses. Wanted to become more than a stock broker so my career path is leading me towards my CFP designation. My forte is in securities investing (mainly individual stocks and ETF's), asset allocation, and retirement planning but would like to expand my experience into the financial planning arena. My strategy is long term and I recommend to everyone to read the intelligent investor. __________________ "Face your deficiencies and acknowledge them. But do not let them master you." Helen Keller "The man who can drive himself further once the effort gets painful is the man who will win." Roger Bannister My online trading Journal: http://stockmarketaddict.blogspot.com |
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#5 |
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forum leader
![]() Join Date: Sep 2005
Posts: 2,146
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38 YO, 20 years in the army as an infantry offcer (getting ready to retire and get a real job with real clothes). Have invested since 20, but really picking up the trading with the technology that's available. Pulling an average of 12% from 10K mad money, and part of that is pure luck. Learning from you folks each day and getting a handle on my "mad money" style. Long term style has been stocks, funds, 401K and some property. It has worked well, but time to up the ante.
Thanks all for your input to these posts......good info. Grunt |
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#6 |
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valued contributor
weekly challenge winner
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Hey my name is Chris, I am 19. I am going to school here in Georgia for Finance.
I have an account of my own and I also take care of my mom's brokerage account and both of my parents IRAs. I am about to start an internship with Scottrade so hopefully that yeilds some insight. |
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#7 |
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new member
![]() Join Date: Oct 2005
Posts: 6
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I'm 37, military (USAF), married, one on the way, recently got hooked on Jim and I've decided it's about time I jumped in and let my money work for me. Otherwise real estate is another means to the end
__________________ Mike |
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#8 |
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valued contributor
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I'm a 21 y.o. 2005 graduate of Shippensburg University of Pennsylvania (logo is my avatar). My major was Public Administration and I have always had an eye on politics.
I just started trading and learning about stocks since last February. I've done pretty well so far and enjoy learning about stocks, business, and investing. I've also been able to get my family involved in investing and thinking of creative ways to spend and grow their money. Now I'm studying to go to grad school for a MBA. |
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#9 |
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valued contributor
![]() Join Date: Jul 2005
Location: MASSACHUSETTS
Posts: 80
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Glad to see alot of young folks here... I was too busy raising a family and I didn't get a computer until 1995, so I only did the mutual fund thingy.... lived off the interest for a few years until 2001... HeY;optimus25, Do not feel bad alot of people were burned in that era.... How about losing 10,000 to 8,000 in the dot com era., I do not know my exact lose because I never admitted it., so I stuck to mutual funds, only lost twice in 11 years...
Kim |
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#10 |
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valued contributor
![]() Join Date: Aug 2005
Posts: 112
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34, married with 3 children (That's why I need to make lots of money!!). Graduated from Muhlenburg College in Pennsylvania. I am an Assistant IT Director.
My investment story is similar to Optimus. Started investing in 1999. Made around 100% my first year with a small amount invested, then added more funds to my account, tried some various trading styles and ended up losing about 30% the next two years. So, after a few years I was actually in the hole. Kept honing my skills and actually averaged close to 50% over the last three years. I'm expecting a slow year this year, because I sold some positions last summer (2004) to help pay for some extra expenses when building a new house - yes, the wife made me rob my mad money account when it was just starting to look decent - how painful! So, I added some positions back this year, but it will take another year or so to see the results. I am a long-term trader. I hold most of my positions about 6 months to a few years, average hold time is probably between 1-2 years. Good luck to all of you in your trades. __________________ When viewing my signatures consider: I'm a home run hitter. I only buy stocks that have the potential for a 100% plus gain within 1 - 2 years. I use a combination of charts, technicals, and fundamentals when evaluating stocks. |
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