Aspies as Investors/Real Estate Investors?

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zacb
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17 Oct 2013, 8:30 pm

Do you think this would go well? One of my dreams has been to run a take over fund. But unfortunately, it is almoat impossible to get the experwince to branch off on your own in stocka, so to trade stocks alone may be a tad hard. But what do you think of trading/ owning physical precious metals and commodities, stocks, some bonds, derivatives (eventually), and real estate as a job? I was thinking of focusing on stocks and precious metals and real estate, but the main money maker would be real estate, which would aloow to buy the extra assets. What do you think? Would an aspie make a good investor?



demeus
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17 Oct 2013, 8:45 pm

I think society confuses the words investor and speculator. An investor is someone who i purchases an investment and is in it for the long term. A speculator is someone who flips or trades.

I think aspies can be fine investors as long as they can control their emotions. Also, reading is a must. Start with anything by John C Bogle and A Random Walk Down Wall Street by Burton Malkiel. Anything by Benjamin Graham (Warren Buffet's mentor) is also a must.



eric76
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17 Oct 2013, 11:40 pm

I think that it is generally best when investing to buy stocks for the long haul. Buy stock in a good quality company with solid long-term prospects and keep them for the long-term.

Day trading is a good way to lose everything you have.



zacb
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18 Oct 2013, 8:13 am

demeus wrote:
I think society confuses the words investor and speculator. An investor is someone who i purchases an investment and is in it for the long term. A speculator is someone who flips or trades.

I think aspies can be fine investors as long as they can control their emotions. Also, reading is a must. Start with anything by John C Bogle and A Random Walk Down Wall Street by Burton Malkiel. Anything by Benjamin Graham (Warren Buffet's mentor) is also a must.

I think aspies may be better at the emotion part than many. I think Ben Graham , Joel Greenblatt, and Doug Casey are great reading material. So I have already read quit ea bit, at least in terms of stocks. I agree. I like "investing" better. It seems just because the mutual funds are investing in it and because it is a large company that people will invest in it. Or to quote Ben " People buy their stocks like they buy their perfume". Now there are times to speculate, like when Netflixs was at 77 a share, even if it was a tad overpriced. But generally speaking, I like to buy stocks below book value. That is where I think Warren Buffet is lacking. He just throws his money around. The one issue I would take with the word investor is this: what if the value quickly becomes fair value? Would that be speculation, or sound investment based on timeless principles? In any case, I agree with the basic premise. The only thing I would like to learn a ta dmor eabout are commodities and real estate. The only problem I have with commodities are how they ar ebundled a sfutures. I wouldn't mind owning them directly (non metal commodities).



eric76
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18 Oct 2013, 2:00 pm

zacb wrote:
That is where I think Warren Buffet is lacking. He just throws his money around.


Huh!! !! !! !! !! !! !! !! !! !! !

I would bet that Warren Buffet does far more due diligence on buying stock and companies than you can imagine.



zacb
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18 Oct 2013, 5:58 pm

eric76 wrote:
zacb wrote:
That is where I think Warren Buffet is lacking. He just throws his money around.


Huh!! !! !! !! !! !! !! !! !! !! !

I would bet that Warren Buffet does far more due diligence on buying stock and companies than you can imagine.


Kraft, Coke, and Goldman Sachs. Yes, that last one was a sweetheart deal, but the other two are way overvalued. That is what I meant. I don't question his past sucesses, I just question some of his more recent purchases, since they are overvalued. But if he wants to pay that amount for stocks, then go for it. I guess I just think he should buy more insurance co.s , since they are cash rich.



goldfish21
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19 Oct 2013, 11:01 pm

I think we'd make fine investors/traders etc. I know we would.

I have a business school education & a lot of knowledge I've learned since over the last decade or so. Investments & Real Estate are somewhat special interests to me. The biggest problem is I haven't had the capital to begin investing/trading etc.. I'm currently working towards saving up money to begin small.

In the meantime I've been using a stock market simulator on Investopedia.com & have made some excellent picks.. as of a couple days ago, the effective annual rate of return on my US dollar stock trading account was 47.34%. I wish it were real vs. monopoly money... but, all in due time I'll begin investing for my future. In the meantime I'll continue to use the simulator and read more investment books etc.


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zacb
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20 Oct 2013, 10:25 pm

goldfish21 wrote:
I think we'd make fine investors/traders etc. I know we would.

I have a business school education & a lot of knowledge I've learned since over the last decade or so. Investments & Real Estate are somewhat special interests to me. The biggest problem is I haven't had the capital to begin investing/trading etc.. I'm currently working towards saving up money to begin small.

In the meantime I've been using a stock market simulator on Investopedia.com & have made some excellent picks.. as of a couple days ago, the effective annual rate of return on my US dollar stock trading account was 47.34%. I wish it were real vs. monopoly money... but, all in due time I'll begin investing for my future. In the meantime I'll continue to use the simulator and read more investment books etc.


I haven't really had the money to seriously invest. I like to play around , but in between saving up for the big move, being underage at one point and having my account frozen, and then even having issues at one point finding value plays, I haven't really been into it as much lately. I have become interested in hard assets as of late such as real estate, silver, gold, and commodities. I have had a decent success with silver, and gold is ok, but the whole reason for the move is so I can get a job to save for investment properties (or one in particular). Commodities interest me greatly, but unless it is physical (like gold and silver) . I am a little leery with futures . Otherwise, i might dig into commodities more. After I am done reading PT and Real Estate Investing for Beginners, I want to tear into a book by Jim Rogers on commodities. Nice returns btw.



goldfish21
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21 Oct 2013, 3:47 am

The book I've been slowly reading for many months now is "The way of the turtle," and it's all about futures trading systems. It's pretty interesting and utilizes a lot of statistics I already know. It's interesting that a lot of the math is identical to blackjack & general gambling strategy.

And thanks - yeah, they're nice returns.. wish they were real nice returns!


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zacb
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21 Oct 2013, 7:52 am

Interesting. As for the gains, I know how you feel. I wish I could have bought Liberty Media Capital when it was three dollars a share. Now it is 50 times that amount. Unfortunately, the feds don't think minors are capable of buying stocks :( . So I had my money on the sidelines while it went up. But on the bright side, I did well with silver and IRE, among others. So yeah, I know the feeling.