Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Ted Warren's Investolator -- Ignore unavailable to you. Want to Upgrade?

To: Taylor Swift who wrote (1551)	7/26/2024 12:22:55 PM
From: robert b furman	Respond to of 1795

Hi Taylor, At the age of 21 I met Ted after reading his book and starting an investment club while attending College (GMI). Ted's sophistication was low but very high on common sense. His approach absolutely works BUT attention to a company's balance sheet is important. Over the years I've found his approach includes a lot of land mines. His concepts about accumulation and insiders is on the money. An insider is most often an outside investor who accumulates a large position in a stock. A more sophisticated investor knows the company's product, has confidence in its future and slowly accumulates shares on dips and even more importantly adds to their position as the stock has higher consolidations. There are many head fakes and tricks of accumulation an insider can pull if they trade around a large position. The trick to wealth creation in these high tax days is to take advantage of the lower tax rates associated with capital gains and dividends BOTH. Ther are stocks out there that provide both. I'm sure with your income level you know this already. Other than your music income , it only really takes a big multi bagger to occur several times in your life and you can live like Ted did in his Redondo Beach Home, and travel the World without a care. Of course you already are traveling the world, but this way you don't have to perform. It is a great tool to utilise along with CLX studies, buying stocks with dividends, and option selling of puts on the dips. It has surely helped me to be more than comfortable in my retired later years. As Ted wrote in my book on the first page: "As an investolator , you should succeed." He was a sincere and very kind man, who wanted to help the most people he could "So we could benefit by sharing some of the finest things our capitalist system offers - including your wonderful music.<smile> By the way, WELCOME HERE! Bob