Monday, May 26, 2008

Welcome

Welcome to "The Part Time Investor"! The purpose of this blog is to help the average investor sift through all of the investing information that's out there and find the important stuff. I'm no expert, I'm not a professional, I don't have a Series 7 license, and I don't work as a broker, financial advisor, or money manager. I simply enjoy reading about investing, researching companies, and investing my own money without assistance. I don't believe in Mutual Funds; in fact I think that most of them are rip-offs. But there are a number of professionals out there who I think are worth listening to and reading: William O'Neil, Peter Lynch, Robert Kiyosaki, Jim Cramer, and Ken Heebner to name a few. I don't like to get a lot of my information from television, although I do watch "Fast Money" on CNBC when I have the time. I'm not an option trader, but I do find that listening to what the Najarian brothers have to say about unusual option activity is useful. For the most part, I like to buy stocks for the future, but I only hold onto them if their story remains in tact. I use technical analysis based on O'Neil and the IBD method and I only buy stocks that have outstanding fundamentals and future prospects, in my estimation. But, like I said, I am not an expert and I won't make stock recommendations. I simply want to find the good information and filter out the bad. Thanks for reading my blog and I hope it helps.

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