Wow! I'm very impressed with the knowledge base on this forum. I will forever more serve as your Buffettologist (study of Warren Buffett's investing ways and why he buys what he buys) I'm in the mortgage business and love it, have lot's of satified customers...but for the last ten years I've also been a student of Warren Buffett, I love the stock market, it is truly a passion of mine. As a result I've studied and learned the ways of Buffett and have a very nice investing history of returns...23% annualized!
Now...Mr. Buffett has averaged 28% over his career with Berkshire Hathaway, I don't think I'll ever achieve that, but I'll try. Essentially, the rule of 72 (72 / by desired rate of return = time it takes to double your money) or (72 / by the time you want to double your money = rate of return you'll need to accomplish the task) says that at a 23% average annualized return on investment your money will double every 3.13 years.
Anyway...I'm proud to announce that I'm getting my license as an "Investment Advisor". I'm so eager to help others manage their money and to get their piece of the pie. Actually, that was what drove me to do this. I've had clients ask me for the past several years to help them invest, and then recently, one very sorry dejected soul came into my office for a refinance. I could see the angst on his face, he's an electrician, makes about $20.00 per hour, getting nowhere fast, just paying the bills and getting by with his family. So he says with these big sad eyes..."will you help me"? Now, normally I don't get too emotional about these things, especially with a big burly guy sitting across the desk, but this was different, he was begging for help. I said, "Yes! I'll help you". Wow, what a great feeling that was!
So...I get my license soon and we're off to the races. Anyone that wants to ask any questions about any particular company to invest in, just let me know. Occasionally, I'll share a good find with you all and give you reasons it would be a good investment. It's my passion, it's what I love, it's what I do.