I'm Not Bragging, Just Reporting

Most of us put some of our hard-earned money investing in the stock market, hoping to attract more gains more than losses, and basing our decisions either on stuff we read from supposed gurus or our own gut instincts or research (with whatever time we have available after the hard earning part). I tried that for a few decades and realized I was not making much headway, so opted to trust a tennis playing friend who is also an investment advisor.

As it turns out, a very good move on my part. Over the past 7 years I have pretty much done whatever my advisor proposed, both buying and selling. He controls 90% of my portfolio and I track the results routinely. To summarize those results, I gave his firm about $150K back in 2017 in cash and securities, and have added a little after that, but not much more. Today that portfolio carries a market value of just about $500K (exclusive of cash held for other investments), and it’s still growing. That’s just shy of 20% a year compounded, roughly. Needless to say, I’m going with my friend’s advice for the foreseeable future.

Who is he, you might ask? I’ve asked him how I can tout him and his advice online and he tells me his firm’s compliance with SEC rules for Registered Investment Advisors prohibits such promotion. So I can’t use his name here or tell you to call him for help with your portfolio. BUT if you call me to ask about the weather in my neighborhood and should also happen to mention this post, I’ll be glad to share his name and contact information. Just in case you think you might be able to do better with your investments. As I did.