Welcome to Common Cents Investing. I know a bare minimum about investing, I'm sure. I'm an engineer by trade, I've never been to Wall Street, and I've never worked in the finance industry in any capacity.
I do, however, have a bit of common sense. I can also multiply, divide, and perform some pretty decent addition and subtraction. Oh, and I have the internet. Now, as I mix all those together, I plan to make some money off of it.
That's it. Easy enough. Sound interesting?
I plan to use this Common Cents Investing blog to organize my thoughts, record my transactions, and review how I behave in regards to managing a portfolio of 5 - 10 stocks. I already do this to some capacity on paper, but I have an increasing need for attention.
So here's how it's going to play out. I will go through a brief introduction to investing. I will explain how to research a stock, analyze relative valuation, open a trading account (kind of), and ultimately purchase a stock. Don't worry, even though it's investing, and I'm an engineer, I will only be using informal/conversational English, probably with some horrific grammar sprinkled in.
Stay with me. After we have those conversational tools in our investing tool box, I will explain some long-term methodologies that I use for investing, which I have found increasingly effective. I will explain my strategies for the 5 - 10 stocks I have in my portfolio, and I will record when and why I make transactions in these positions. And you will (potentially) follow along. Whatever you do with this information is irrelevant to me. I just want the attention.
Here comes some limitations. I by no means intend to represent myself as anything other than a novice investor. I by no means recommend that anybody follow my investing methodology or recommendations. I will fact check very little of the information I present. This blog is for informational and entertainment purposes only and should not be construed as professional or expert investing advice. Here goes nothing...go ahead...click the 101 tag...
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