Hey all. My name is Colby McTavish. I have joined Outsider Trading as a new writer. My investing hobby began in 2013 and has since become a large part of my life. There have been a lot of learning curves and lessons along the way. In my particular case investing started out pretty succesfully for the first year quickly followed by some very poor investment decisions after that.
My goal in joining this blog is to hopefully help people avoid the trading mistakes that I have made in the past. I figure best case scenario a few people will become interested in trading stocks, or more interested in trading than they already were, and worst case scenario we might all get a little entertainment from my not so professional musings.
On that note. A little background info on myself. I am a second year Heavy Equipment Technician. I also have a diploma in business management from (Grant) MacEwan University. My interest in trading was first piqued while going to school, though I didn’t start trading until a few years later. My main goal in beginning to trade stocks was that I was tired of being borderline broke all the time and figured there had to be a way to make some extra money without having to have a lot of money already available.
I’ll finish off my first post with a small tidbit of advice. The majority of good investors, (Warren Buffet, Peter Lynch, etc), will tell you to invest in what you know. In my case I race stock cars as a hobby and am very into cars in general so a decent amount of my current investments involve cars. Think about the things you enjoy doing and like and then start looking into stocks that sell or are involved in those things. This should give you a solid baseline to start off of rather than just guessing or going with a stock someone else recommends.
Thanks for reading. I look forward to talking stocks with you all in the future.