If you’ve been following my blog for the last few weeks, you know I reached out to various bloggers and financial experts to ask what’s in their portfolio. I did this to find out what their investing goals were, learn a little about their investing strategies, uncover some of the products they own and see what advice they might have for other investors. So far, here is what these investors kindly shared with me:
Recently, blogger Big Cajun Man responded to my questions with these answers:
1. Describe your investing goals in one or two sentences:
To create a big enough nest egg to compliment the pension that I will have in retirement.
2. Describe your investing strategy that helps you fulfill your goals in one or two sentences:
Use a passive investing scheme with low Management Expense Ratios (MERs) using index funds and Exchange Traded Funds (ETFs). I still hold a few high dividend stocks but only due to their continued growth.
3. List some of the investing products you own that help you with your investing strategy:
I use the TD Waterhouse web page to see the status of investments, and then reading various blogs and such depending on the topics.
4. What advice do you have for other investors based on what’s working with your approach?
You may think you can beat the Market, and you may even succeed for a short period of time, but eventually the market will get you. Remember your goals, and don’t get too greedy.
After following Big Cajun Man’s blog for some time now, I’ve learned he lives by this mantra: financial wealth can only be accumulated from what you don’t spend and getting out of debt sooner than later. His articles also tout the importance of passive investing, a strategy that’s easy to understand and arguably far more successful than any stock picking.
Big Cajun Man knows the advantages of using index funds and ETFs and it appears he’s applying that information to the fullest to manage a simple but effective portfolio. I want to thank Big Cajun Man for participating in my series what’s in your portfolio? Stay tuned for more profiles in future blogposts.
Disclaimer: The contents of this post are not recommendations for any individual investor but have been shared to educate readers and provide insight into how others are managing their portfolios. My Own Advisor is not a financial professional. Every reader is encouraged to seek help from a financial professional before making any important investment decisions.