I don’t dish up weekend articles on the “5 hottest dividend stocks“. Sorry folks, not my style. If that’s your speed, you can probably find something like that at “The Street”. When it comes to the ‘weekend’, I am half wondering why I am sitting here right now in front of the monitors at all. Seriously, I’m typing these words you are reading at the moment, and there is a part of my brain that is saying … “This is just silly“
The number one reason I became a trader, and an investor?
First and foremost, the money.
At the expense of sounding like a pitch-man … seriously … you show me another career, where when you have a skill that you have built upon talent, and with low effort you can earn as nice a risk-adjusted return on your money and as well as an income, all while doing this from your home? I’ll dump the markets, and change careers tomorrow. For me? First and foremost, it’s about the money.
The ancillary benefit of money, and of course, tied directly to money, is of course, the freedom. Freedom to go where I want, when I want.
I spend a few minutes each day, watching the markets. Getting a feel for where the auction is at. So, in truth, I suppose this freedom is not complete. What freedom truly is ‘absolute’? When I get a read on the auction, and I need to be at ‘the auction’ (I prefer to think of the markets this way, as an auction, because that’s what they are), then I’m right here, parked in front of the monitors. But otherwise? I’m out of the office, and doing something else.
And let me warn you ahead of time … this freedom can be insanely addicting. I’ve been doing this long enough, that I have seriously forgetten what it’s like to be tied down to one place for too long. A cubicle? Are you kidding? I go where I want, when I want. Friends and family talk about going to a ‘job’ and a confused look comes over my face. If I feel locked down in one place for too long, I get ‘itchy feet’.
Like the song says …
I don’t wanna be like other people are
Don’t wanna own a key, don’t wanna wash my car
Don’t wanna have to work like other people do
I wanted to be free, I wanted to be true
So my confusion?
My confusion comes from the number of aspiring traders I see, and it’s like they are addicted to sitting in front of their monitors. Hey, I guess if that floats your boat. But that’s not why I became a trader. I became a trader to have the money, so that my time, as my time. One of the most profitable things I have found to do … is to learn when to shut down the monitors, and just walk away.
It’s the weekend.
Stop thinking about SG&A and payout ratios.
Go take your spouse out to lunch or something …