Educating Investors One Howl At A Time
My name is Donnie Nguyen and I started Wolves of Investing to share what I know about investing.
I began actively investing in the stock market in the year 2000 – The Dot-Com Bubble. Knowing very little about the stock market, I put my entire savings into a telecom mutual fund only to see it lose about 80% of its value over the next year. I ended up selling at a 50% loss.
This humbling experience taught me that I had a lot to learn! So I decided to hit the books on everything I could about stocks before putting any more of my hard earned money into the market.
I began with the writings of Benjamin Graham, Peter Fisher, Peter Lynch, Ken Fisher, and the Oracle of Omaha – Warren Buffett.
In 2005, I started to invest again – at the start of the Housing Bubble. I used my 401k to invest in stock mutual funds and my Roth to invest in individual stocks.
My studying paid off! In the Great Recession from 2007 to 2009, I didn’t panic. I stayed fairly aggressive in my 401k and was able to take advantage of the 440% rise in the stock market from 2009 to 2018.
My Roth didn’t gain as much but that was OK. I viewed my Roth as a science lab and I was the mad scientist running trading experiments.
I tested swing trading, options, and a few other things before finally believing in the immense power and value of buy-and-hold stock investing. My style today is about 80% buy-and-hold and 20% swing trading.
I truly believe that the stock market is the best way to grow your wealth over time. A $10,000 investment in the S&P 500 growing at 10% annually for 50 years would be worth $1.17 million. Now that’s exciting!
Through solid investing, capital appreciation, and dividends, I’ve managed to grow my stock portfolio 100-fold. It’s not a million dollar portfolio yet, but steadily trending that way.
Join me on this path to building wealth.
Sign up now to receive your free copy of 5 Things I Wish I Knew Before Buying My First Stock!
Stock Market Investing
When the going gets tough, the tough reach for their emergency fund An...
This is the monthly update of my M1 Finance Wolf Pie portfolio for June...
WARREN BUFFETT - THE MAN, THE MYTH, THE LEGEND The June 2020 stock of the...
PEACE OF MIND IN AN EMERGENCY An emergency fund is what gives me peace of...
A GLOBAL DIGITAL PAYMENTS JUGGERNAUT Mastercard (NYSE: MA) is one of the...