Getting back to the point and be a bit more concrete with my goal, I will start by creating an investment portfolio that beats the stockmarkets atleast 80% of the time. It shall increase in value a few times over during the coming 10 years since I am in it for the long run. The quick fix doesn't work for the majority of people. Only one out of a million is that lucky and you have a bigger chance at winning the lottery. It is the interest on interest in solid companies that increases in value that will get me there.
The companies I want to invest in will be, without any numerical ranking.
- Independent from the economical cycle
- Avoid dependency of one resource or raw material
- Long-term with high growth potential
- Low debt and a strong cashflow
- Good track record with a proven managemet team
I find these in a company I am interested.
So what is your strateg? How will you make money and what is the end goal for you?
PS. What do you do when you are bored in a Hotel room?
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