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rbizllc
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Everything posted by rbizllc
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Thanks to all 3 of you (Thales, SIUYA & Tradewinds) for your suggestions. I'm really looking forward to this phase of my investing career. I've been investing for 37 years and I first got in as a 2nd lieutenant in the Marine Corps in 1974. The Dow was just in the process of bottoming in late 1974 and I could've thrown darts at the Wall Street Journal and found profitable stocks. Over the years I've beaten the averages with a value philosophy that saw me buy beaten down stocks at a discount with a 3-5 year horizon and usually a goal of at least a double in total return. The first decade of this century (2000-2010) has been tough but of course late 2008-early 2009 saw a lot of "can't miss" stocks at bargain prices. When the Dow was below 7000 it was another period like 1974. Now it's tougher. I've got to learn to read stocks that are demonstrating momentum in what may be a fairly sideways market. I'm looking forward to the journey.
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Hi. I'm a former financial advisor/planner for A.G. Edwards and LPL. Recently retired and am interested in finding out if I can adapt my old fundamental value philosophy to a value/momentum philosophy. I'm not interested in day trading but would like to shorten my holding periods by focusing on stocks that have intrinsic value and have begun to exhibit changes in momentum. I am primarily a "long" investor but would also like to learn more about trading in down markets too.