Solid returns, limited losses.
Provide for your families
future.
Investment
Philosophy
In Galt's Long Term Portfolio, the first
question to ask, "Is this a business I want to
own?" Next question, "Does management execute well?" I
want businesses that "sweat" profits! Growing
businesses with good cash flow. I stay away from
companies I don't understand. I like management that
works to improve shareholder value. Preferably,
management that has some "skin" in the game. I stay
away from creative partnerships with former directors,
and other third parties. I don't like companies that
dilute shareholders with offerings at depressed prices
or for unwarranted reasons. I want it simple,
profitable, and growing! If I wouldn't want to own all
of it, why would I want part of it? We use
trailing stops to protect our gains. I would
rather make money and pay taxes than loose gains
only to sit on a stock for a few years waiting for it
to come back up.
Trade Philosophy
In SwingTrader, we buy when value and the market
almost guarantee a profit. Then I like to treat 'em like
horses, "Ride 'em till they stumble, then get a new ride".
The Pony Express didn't deliver the mail with one horse! We
want to take quick profits, then find the next
opportunity. We hold stocks for days, weeks or
months. I don't like losing gains back! The market
movements are making quick profits for my readers right
now!
History
I have started and run businesses for over 30 years. I've
had retail businesses, real estate developments, business
to business sales. I've bought and sold millions in real
estate, millions of dollars of equipment. I've done
business with sealed bids to governments. There is a lot of
history bringing me to this point. I have traded the stock
market full time since 2006. I've sold my last
business so I can spend more time with our 4 girls. I
enjoy trading in the stock market. I love the action,
the market presents opportunities every day. But don't be
confused, it's not a casino, YOU CAN WIN if your careful
and disciplined.
Ethics
I am an open book. The stocks I recommend are my favorites.
They are paying for my family's future. They can pay for
yours too. I always use stop losses. Sometimes I
break the rules. But, I've gotten bitten too many times to
trade "story" stocks. I don't like to hold onto losers. I
don't like to hold forever. Make the money, go onto the
next idea. I'll give you some good ideas to think about for
your trades. It's your money, it's not easy, but it's a
heck of a lot of fun when your making money! I do not
accept money from anybody to "pump" any stock. What
you get from me is my honest opinion, not hype.
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