I’ve been following the board for a year.
The sell off in Oct finally gave me a place I felt comfortable investing in the names in this board.
I was over 50% cash most of the year. I’m in a period of my life where I’m in my peak earning years, so even as I invest more money into the market when I see opportunities, I still have monthly cash coming in that brings my cash position right back up. So even with all the buying I’ve been doing over the past 6 weeks, I’m still back over 38% cash and with our year end dividend checks due in a week, I’ll probably be around 45% cash once again. So I’ll just keep adding as I see the opportunities this volatility brings.
So thanks Saul, and Paul, and everyone else that’s doing the hard work. I’m an entrepenuer, I create businesses, fill a need in a community, I know how to make money, give people a place to come and lose themselves for a few hours.
What I don’t care to do is analyze a balance sheet, so again much appreciated to find this board. It’s that part of the brain that shuts down on me.
Most importantly I’m also in a period of my life that I need to help my family out. After a battle with Parkinson’s I lost my father a month ago. It was a very long 8 year journey. I was able to give him 24/7 care in his studio in NYC, the place he wanted to stay in, surrounded by his artwork.
Ironically alothough my parents have been divorced for over 40 years, my mothers bad choices during her career as a realtor forced me with my brothers help to have to support her since 2003. Mom being a princess all her life, I’m not talking a trailor park, I’m talking a condo on the inter coastal waterway in North Palm Beach, Fla. oh what our mothers can put us through.
I learned from fathers lack of investmenting knowledge, his unpreparedness for his later years, to make sure that I knew how to save and then invest. I’ve done ok, but finding this board has given me another leg up. That I should be ok, that my wife and I should be well prepared for our later years.
So thanks all. We all have our story, how our lives are playing out. I think it’s important to know and share because I know we really have the exact same goals in life when we break it all down. To be happy, to love and be loved and to have comfort in our lives and bring comfort and love to others throughout the remainder of our lives.