"Usually 80 of my selections make money and 20 are losers he says. That's been a pretty constant over time, except at the end of 2007.Predicting the Great Recession: how to make fast money in indian stock market Perhaps his biggest accomplishment as an investor was recognizing America's great financial crisis. He made over 50 in 2007 and then got entirely out of the market, a rarity for him."I told everybody that I knew to sell their stocks at the end of 2007 he says. "I was positive the market was going to tank.".
He knew he would have to investigate the competition. The online stock research program, marketSmith is his bedrock. He prefers to buy stocks and hold them for awhile, but he logs on to the site every day to run several screens that generate about a dozen stocks that look good based on the various financial criteria he has developed.Related: How I saved million or more. Paul's list of stocks: The stocks that pop up on the screen make it into "Paul's list an email that now goes out to many friends, family and past and current members of the Stock Wizards."We've got some fellas that short stocks and play options. The Wizards invest in i am 16 and i want to make money online many different ways. I only invest in one way: I invest in aggressive growth type stocks he says.
So that means he is putting between 0,000 to 0,000 to work in the market. "When I invest, I really look at the fundamentals and the technicals of a stock he explains. "A lot of times I don't even know what the names of the companies are.I just know them by symbol.". His investing i want to make money any ideas philosophy harkens back to his days as a small business owner.
Glandorf has become something of a local stock prodigy. Calling him the "Oracle of Ohio" - a nod to famed investor Warren Buffett, the Oracle of Omaha - might not be far off. Related: Investors love Warren Buffett 'Oracle of Ohio Glandorf made a 57 return last year with his overall portfolio.So even though it was hard to lose money last year, it's still notable that he did much better than the S P 500's 30 gain. Since he took over managing and trading his own funds in 2001, he is clearly doing something right. Glandorf said that he typically invests about,000 each in a portfolio of about 75 to 80 stocks.
But the closer he edged to retirement, the more he took an interest in how his funds were invested. He started to wonder if he could do girl jobs that make alot of money better than some of the folks managing his money.In his early 60s, Glandorf started a stock club. Fifteen people showed up to the first meeting at the pipe fitters' training school in Cincinnati."We called the club the Stock Wizards because how to make money being a stay at home mom the majority of the group were the exact opposite Glandorf says. "You have to laugh at yourself in life.". The investing club is still going, although it now meets at Sycamore Senior Center.
VRX ) - did extremely well. Then there was Lululemon (.Lulu ) - the yoga apparel retailer whose shares sank more than. Glandorf took second place in the contest.And he still grumbles about Lululemon. Learning to invest in retirement: For much of his life, Glandorf didn't have time to think about the stock market. He was a pipe to make money from the internet fitter who went on to start his own successful construction business in Cincinnati, Ohio.
Paul Glandorf began investing seriously when he retired in his early 60s. Paul Glandorf rattles off stock ticker symbols the easy ways for tweens to make money fast way most people talk about popular TV shows and music. At age 77, he is anything but a stereotypical Wall Street trader.He lives in Ohio and prefers casual "retiree clothing." (He put on a tie for this photo.) But his returns would make many top investors salivate. He participated in an investing competition in 2013 where you had to buy five stocks on January 1 and hold them through the end of the year. His portfolio finished the year with a whopping 71 return.Four of his picks - LinkedIn (. Lnkd, Tech30 3D Systems dDD Fidelity National fNF ) and Valeant Pharmaceuticals (.