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The stock market is helpful as it puts money to work in a very liquid way. One click to buy. One click to sell.I'm interested in stocks these days.
Do you think that stocks hinder the path of the Fastlane or are they helpful?
Sorry, but what do you mean by a 'simple stock picker approach'?The stock market is helpful as it puts money to work in a very liquid way. One click to buy. One click to sell.
I have never found a balanced portfolio advisor slowlane approach of much benefit. They diversify out all of the upside and the market swings down with the same ugly velocity because 2/3 of the market is dumb money deployed the same way as you. I have done a TON better with a simple stock picker approach.
Read the intellegent investor. Then have a really good reason for buying what you buy and selling what you sell. If it takes you a while to deploy your money, be patient.
There are going to be people that tell you to "sock it all into your Fastlane business bro" and those people usually have net worth less than $10k.
I realize that why it may be "simple to me" the only thing simple about my investing is my portfolio itself. I have about 10 holdings. I generally hold long term.Sorry, but what do you mean by a 'simple stock picker approach'?
Reading on your own and doing your own research?
That I would be inclined to do, as I am vary of portfolio advisers myself.
For myself, I'm still reading reports on companies, ever since my college investment unit sparked my interest...but I still feel queasy, even as the Recession thread started discussing the possibility of a stock market bubble.
As for having a really good reason to buy, I get lots of decent outlooks from Seeking Alpha, but I couldn't help but wonder if there was more to the info presented.
Thanks for the clarification!I realize that why it may be "simple to me" the only thing simple about my investing is my portfolio itself. I have about 10 holdings. I generally hold long term.
I often also use "leaps" when I am more confident.
As I am more of an economic and leadership thinker, vs a chart analyst, I invest in what I understand best. I look at the macro trends in the industry. I look at the financial strength of the company relative to their stock price. I watch for intellegent decisions by CEO's and leadership that I find attractive and I generally avoid bureaucratic companies.
While my portfolio would look heavy on certain companies, and therefore "more risky," more often than not they beat the market as a whole. Over time you really can't expect to do a much better than that.
A recent post from Seeking Alpha that's surprisingly relevant.Thanks for the clarification!
Yup, I've been reading up on some Seeking Alpha writers, where they also had about 10 stocks in their portfolios. I was a bit worried at first whether they over-invested in them lol.
Quite a number of them also include in their reports analysis of the in-company decisions.
For charts- they mostly use to compare against S&P benchmark, look back at historic events, or forecast (which, knowing what I know now from my Forecasting unit in college...it can be a load of shit, especially when we rely a LOT on historic data that may not reflect today's decisions accurately)
Looks like my readings are on the right track.
I should look more at the Malaysian markets as well, but I haven't found good finance newsletters or readings on them. I don't like the general newspaper inserts...their reports are too general, and definitely 2/3 of folks will rely on them.
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