Invest Your Own Way

The biggest thing about investing is that you have to find your own style. No billionaire got rich by investing in a step by step fashion that everyone knows about. Every style of investing has its own pros and cons. You just have to find one that complements the time you put into it and the risks you want to take.

I have been investing since I was 11. I have changed my approach several times. I have read more about investing while I was a teenager than most people have read in a lifetime. I started out with historical approach. Big companies with a history of dividends and adequate returns. I then changed to looking at nothing at but current returns. I was trying to find companies that were soaring. Each time I made and lost money.

Now I use a mix of those strategies to somewhat minimize my risk while maximizing my return. I find great companies that the market currently loves. I track a company for a couple of weeks before I get in so I know how it trades. The cash money is made when you see a company get hit hard with the market that previously was rolling. That is when you get in because you know the potential.

I have never used any value models. I have used some relative valuation to compare peers when charts look similar. Like I said before, money is made and lost with the market. Losing keeps your confidence from becoming arrogance. It is only worth it if you learn from your mistakes. I have a positive return over the past decade which is more than the market can say. I am only 21 years old. Cash money possibilities are endless. I just invest how I want to in a way that I feel comfortable doing. Never let someone tell you that you are investing wrong.