 Investing Sr. Associate

Joined: 04 May 2006
  Posts: 160 This Month: 0
4436.11 e$
Net worth: 79,141.11 Portfolio Value: 74,705.00 Monthly Return: -20.36% Trades this month: 0 Churn Rate: 0.00%Items
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My name is Damon and I'm 23. I've lived in SoCal all my life and am currently living near Pasadena, CA. I have always saved money - even back when I first started getting an allowance in my early teens. I have a B.A. in Business Administration and am working for my father bringing the family business into the 21st century. I built every computer on our office network (a hobby of mine) and helped my dad to develop an online presence. Pops would like to retire within the next couple of years and have me take over, but my real passion is crunching numbers and doing research. For this reason, I have always had a fascination for the stock market.
Unfortunately for me, my father is extremely conservative with his investments (focusing mainly on municipal bonds) and has not been able to teach me about investment in equities. He bought and sold a few stocks years ago, but pretty much avoids the stock market today because he feels that it's too risky. So, I've turned to my grandfather, who has been teaching me about the stock market for the last two years.
My grandfather, who has made millions in real estate and in the stock market, was very excited when he learned of my interest in trading equities. In fact, when he learned that I had already opened up a brokerage account and made my first purchases, he matched the $10k of my own money that I had transferred to the account in order to help get me started.
He's been teaching me the basics, but I'm still very green. I have been reading and watching every article and financial program that I can, in order to make up for lost time. After watching a few episodes of Cramer's show, I stumbled across a Jim Cramer forum. From there, another member referred me to this forum. I'm sure that I'll continue to learn a few things from other users here. |
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