I just wanted to remind myself
April 04, 2008
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Who am I kidding? I wanted to remind you, too, because I am vain. This is part of what I wrote in my first blog post:
I am investing not to get rich quickly, nor am I concerned with momentum. I want to retire with a modest lifestyle, and write full time, and do whatever else interests me. I don't want a BMW, I don't want an enormous house, and I certainly don't want a huge account I can gaze upon with greedy pride. I just want back the time I would otherwise have to spend working. That's all. I intend to use investing to keep as much of that time as possible, but I'm not going to spoil it by rushing through things or worrying about paper losses in a day or a month, or even a year. I'm just going to keep evaluating 20-30 stocks on the basis of div yield, payout ratio, debt, PEG, and a mushy consideration of how I feel about their respective fields... as well as comments in articles, on CAPS, and other sources.
It's good for me to remind myself of my goals, my methodology, and what a wonderful writer I am.