onsdag 18 januari 2012

My strategies and goals of investing

We all have different goals in life, and usually these changes during the years. However, the investment goal has been one of mine for quite a while now. My goal is to be financially independet of my work. To free myself from the "I have too's" and start with the "I want too". I have to enlist the help of Robert T. Kiyosaki and his book Rich Dad, Poor Dad. to explain the end goal of mine. You should really read the book for some inspiring ideas and life views. Also if you are looking for some healthy critic to this book their is an article on Slates webpage challenging the views in the book.

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?



Inga kommentarer:

Skicka en kommentar