Time is running fast and it has been five years since I started this blog. My original intention was to share my knowledge with my readers and maybe even provide advice on how to invest and trade successfully in the stock market.
I thought I knew everything and it would be a piece of cake to trade, make hundreds of thousands of dollars (get rich) and tell you how I did it.
Boy, how wrong was I. The last five years were incredibly difficult for me and in many ways I learned the hard way. I found out that I didn’t know anything about investing and that little I knew wasn’t enough to be successful. But it wasn’t because of lack of that little knowledge I had, but because in many occasions I refused to admit to myself that I was wrong.
This blog helped me a lot to find out.
I want to continue this blog as my personal investment journal. But it is not an easy task to write about money. There are millions of other bloggers doing the exact same thing.
What is this blog about?
The main goal of this blog is to be my personal investing/trading journal. I will continue writing about my goals, plans, dreams, decisions and opinions about the stock market, stocks, my trades and investments, my achievements, and my investing performance.
Time to time I will write about my personal opinions and ideas not necessarily related to investing.
Be an example to others
When I reach my goals I am happy about it and I would like to share and help others. I learn a lot from other bloggers and investors and in many times I am amazed what knowledge about investing they have. I would like to be able to set the same example with this blog. I hope I will be able to present my ideas, so those investors who started learning about investing can find advice and help on this blog.
I believe that the best way to learn about something is to teach the topic. I will try to teach on this blog, to learn myself.
Create a network of friends
Another goal of this blog is to create a network of friends from other blogs about investing, share ideas, and help each other in blogging, investing, trading, and saving. Maybe, one day we can organize a potluck, meet together, and have fun.
It would be hypocritical if I say I am doing all this blogging just to tell the world “hey here is another sucker who is trying to invest his cash”. I must admit, that I am doing all this to create another stream of income.
Why Hello Suckers name?
Have you ever felt like all you were doing went wrong? I had that all the time. When it comes to investing I soon realized how little I knew and that I quickly joined the group of suckers who tried to invest but almost always lost money, because they were doing everything backwards – such as investing in hot tips, having no money management, ignoring risk, trying to time the market and thus selling low and buying high, and many other bad habits.
Jesse Livermore, a genius investor of the last century, called these people suckers and many times he said that he was going to rip the suckers off of their cash. And they would happily give their cash to him.
If you feel like it is also about you, then welcome here. It is a great step to realize that you have it wrong as I did and it is time to change it.
I am changing myself and this blog should reflect it.