This is a year to look behind us. Buns intended; oops I mean pun, pun intended.. Our portfolio is performing tremendously as a matter of fact I am just waiting for the year to close and we are all going to gloat over how much money we made verses taking advice from the average investment counselor.
I created this blog to teach the basics of Wall Street, the fact that the investments I chose to look at also made a profit is just a bonus. But you can learn to find these investments on your own without spending a lot of time if you are not interested in Wall Street. Remember this is also about your 401K at your workplace if that is the only Wall Street investing you ever do that's ok too!
Let's look back on this year. I became homeless, yes you heard me right homeless, living on the streets of Los Angeles. Best thing that ever happened to me in my life! You are going to say I'm crazy....
WILLIAM YOU ARE CRAZY! HOMELESS AND YOU EXPECT ALL OF US 30,000+ READERS TO LISTEN TO A WORD YOU SAY?
Wait don't interrupt in the middle of my article Joe reader, let me finish my point. Ok now I am sidetracked but go back if you are new to the sight start with the first articles where I explain myself and the basics of investing, in 2020 we are going to be doing more of that now that I have more time to write. The most powerful articles are the "Trumpty Dumpty Poem" because it has been plagiarized everywhere in different versions. The "Proof is in the Pudding Article" showing the portfolio performing at 111% and the article special to me, how I became homeless. This being homeless is evolving for me to look at a career in non-profit service to the homeless but I will still continue this blog. Wall Street isn't as complicated as you think but it does effect your everyday life.
So as we approach our second year end we are going to take out the profit of our initial investment and in a sense take our money back. Going forward we will grow the mock portfolio with only funds we earned from Wall Street in the last 2 years!
As we look back on this decade it has been truly a prosperous one for investing and with the skills you will learn from this blog will last you a lifetime. Eventually the market will turn from this Bull market (going up) to the Bear market (going down) when we enter the Bear Market our tactics for making a profit will severally shift.
I thank you all for allowing me to take you on this journey.
Wall Street Journal Dartboard Contest Winner 2009
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