The Question and Answer Board

[NorthWesterner]

Thanks for the offer, but if I'm going to put the time into a board, it will be more than just big board stocks. It will focus on fundamental analysis of stocks for long term investing, mostly using the principles of NAIC, which I now adhere to quite closely. In 30 plus years of investing I have come to the conclusion that there are a number of strategies that will work in the market IF you are disciplined about them. The problem is that people don't follow one set of principles. They panic when stocks go down and sell them low, they get all pumped up when stocks go up and buy high. The exact opposite of what we all way we should be doing.

I don't claim that the NAIC method is the only one that will work. Not even necessarily the best. But it's understandable, it's achievable, and it does work. I have had three full-service brokers involved at various times in trust accounts I have had responsibility for (thank you, grand parents!!). These were from big firms -- EF Hutton, Merrill Lynch, and Edward Jones. My returns using NAIC principles, investing very part-time (working around a full time job and raising a family and refusing to sacrifice my reading or my hobbies for investing) have beaten all three of the pros.

What I would want on the board would be the electronic equivalent of a stock investment club. One of the beauties of a club is that you have a divergent group of people applying the same basic principles to one stock at at time. You can get a lot more information and input than you can on your own.

Don't know whether it will work. I won't have time for it for a few moremonths. Then, I'll jump in and see how it goes.