First, a serious DISCLAIMER is in order: I am in no way an investment professional, I will make no recommendations, nor should my commentary be seen as a recommendation of any security or investment product.
It is perhaps with a great deal of frustration that I first considered chronicling my efforts to beat the commercial investment community, and I’m sure that every once in a while a rant will emerge, but, my foremost interest now lies in proving (or chronicling) that “smart money” is anything but that.
I have been investing since the early 90’s, and one of my first investments was in my infant daughter’s education; 18 years and a < 1% CAGR later, I realised I’d been duped. Not only by the industry, but also a compliant media that continued to drink the kool-aid and spread the word of buy-and-hold and tout the big name mutual funds. You know the ones I mean; you’ve seen the graph: “$10,000 invested in 1954 would provide you with …” Blah blah blah.
Live and learn; I’ve been going it alone and after some impressive returns I’ve decided to share.