Hello readers.
You are about to read a personal story. I'm glad the Internet allows some level of anonymity because some parts are painful to write and via this medium it all makes it a bit easier or I should say, less hard to express my story/situation.
I'm in my high 40s, married to a beautiful wife and have 4 children to support. If you are a family man you know this is a hand full.
I was raised by only one parent, unfortunately recently, about a year ago, I lost the only parent I ever had due to a car accident. To say the recovery process has been hard is a complete understatement. Entered a long lasting depression which in turn got me to lose my job. Never had the luxury of a formal education and in times of economic uncertainty and high unemployment I don't have many options. Thankfully the family stood by me and because of them and my responsibilities to support them I have been able to stand back up emotionally.
My beloved parent left a modest inheritance. Something close to 400,000 US Dollars and minor bills. Since losing my job I have been using part of it to support my family and pay my bills but now that I'm back on my feet I realize, it's limited money and it's not going to last forever. 60,000 are already gone so it's down to 340,000. Needless to say, it's a wake up call.
As I looked for employment I visited several investment houses looking for ideas on how to invest my capital. To make a long story short, on every visit I felt cheated. Did not like any of the options, they felt too risky, illogical and in many cases, impersonal. Don't mean to disrespect anyone but my experience with brokers was very scary.
This has forced me to become sort of an autodidact and learn whatever I could about the markets. During my learning process I realized this is not an easy task, it takes probably as much time or more as a the college degrees I don't even have but it's something I enjoy and I perhaps even see myself using it as mean for income.
I have spent an enormous amount of time studying suggestions and techniques from traders in this forum with a good heart and a sense of giving, this has helped me continue my research into the proper path; at least it looks that way as I like what I see when I study the markets.
Feeling alone in my journey, as this is a profession my family is not really apt for discussion, I have opened myself to a public forum in search of friendship and guidance.
Plan to share my educational development in hopes of reaching new horizons and become interactive with fellow traders.
In the meantime, any suggestions on long term investments, I'm all ears and would be very appreciative of your sharing. At the moment most of the capital is just sitting on a savings account gaining ridiculous interest rates.
Hope this journal becomes special to me and perhaps to others.
Pleasure to meet you all and God bless.
Joe
You are about to read a personal story. I'm glad the Internet allows some level of anonymity because some parts are painful to write and via this medium it all makes it a bit easier or I should say, less hard to express my story/situation.
I'm in my high 40s, married to a beautiful wife and have 4 children to support. If you are a family man you know this is a hand full.
I was raised by only one parent, unfortunately recently, about a year ago, I lost the only parent I ever had due to a car accident. To say the recovery process has been hard is a complete understatement. Entered a long lasting depression which in turn got me to lose my job. Never had the luxury of a formal education and in times of economic uncertainty and high unemployment I don't have many options. Thankfully the family stood by me and because of them and my responsibilities to support them I have been able to stand back up emotionally.
My beloved parent left a modest inheritance. Something close to 400,000 US Dollars and minor bills. Since losing my job I have been using part of it to support my family and pay my bills but now that I'm back on my feet I realize, it's limited money and it's not going to last forever. 60,000 are already gone so it's down to 340,000. Needless to say, it's a wake up call.
As I looked for employment I visited several investment houses looking for ideas on how to invest my capital. To make a long story short, on every visit I felt cheated. Did not like any of the options, they felt too risky, illogical and in many cases, impersonal. Don't mean to disrespect anyone but my experience with brokers was very scary.
This has forced me to become sort of an autodidact and learn whatever I could about the markets. During my learning process I realized this is not an easy task, it takes probably as much time or more as a the college degrees I don't even have but it's something I enjoy and I perhaps even see myself using it as mean for income.
I have spent an enormous amount of time studying suggestions and techniques from traders in this forum with a good heart and a sense of giving, this has helped me continue my research into the proper path; at least it looks that way as I like what I see when I study the markets.
Feeling alone in my journey, as this is a profession my family is not really apt for discussion, I have opened myself to a public forum in search of friendship and guidance.
Plan to share my educational development in hopes of reaching new horizons and become interactive with fellow traders.
In the meantime, any suggestions on long term investments, I'm all ears and would be very appreciative of your sharing. At the moment most of the capital is just sitting on a savings account gaining ridiculous interest rates.
Hope this journal becomes special to me and perhaps to others.
Pleasure to meet you all and God bless.
Joe
