I’m a full time programmer for a large investment company developing quantitative stock analysis systems. Programming is what I do, but my passion is investing.
I believe in the tenets of Value investing. That is to buy stocks when the price has been depressed and the stock is effectively on sale. Holding value stocks for the long term is a safe bet on having a good retirement.
But when I came across the Doubling Stocks newsletter and Marl the stock picking robot I decided to check it out. I set aside a couple hundred dollars of “play money” to try out a more exciting a speculative approach. For the onetime cost of $47, and $500 of play money to invest I figured it was worth a shot. Just a 10% rise would pay back my investment.
I haven’t looked back!
For the first couple of days I just imagined buying the stocks and seeing if Marl was really picking winners. It was! So I decided to put some money on their next pick.
That first pick paid back the cost of the newsletter! The initial $500 investment has now grown substantially since I started following Marl’s stock picks.
Sure there have been some bad calls but the vast majority of picks have been stellar. Putting a stop loss on all the orders helps prevent any major losses on the down side while still enjoying the big upside.
Michael and Carl’s work on Marl has changed my opinion on speculative buying. While I still have the majority of my investments in stable long term stocks and ETFs, my “play money” is now adding significantly to my monthly income.
Consider trying something new. Check out Marl at Doubling Stocks.