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Interest in Investing

My interest in wealth building and investing, in general, has peaked.

I have read in later 2017 several books on Finance and Investing. Appreciated some critical theories of investing economics such as efficient frontier, modern portfolio theory, risk estimation measures. I now have learned the names of big theorists in this field such as Markowitz, French, Fama, Malkiel. Several of these are Nobel prize winners.

I am also fond of using a part of money for quick trades - in and out, not necessarily like day trading but buy-sell in weeks. I like this basically because it keeps me engaged and so far I have made appreciable money with this technique. However, I do not think this is a way to build huge wealth or any thing like that, but primarily keeps you engaged.

At one point one will reach a stage when 100% equity portfolio is OK. My own risk profile and financial networth allows me to take this approach. However, I do have a small portfolio of about 5% in bonds primarily as a source of cash just in case. I do not want to liquidate equity funds or stocks if I need money in an emergency.

A few years ago I spent vast amounts of my time in learning biology, chemistry, engineering, etc by taking lots of MOOCs. Now I am spending equal amounts of my time in learning about economics, finance, investing. The beauty with my current educational endeavor is it is beneficial to both the mind and the networth.

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