I started my career as a systems engineer right when the sub-prime bubble was ripe for popping. Back then, I started my registered retirement accounts with Standard Life, per my company’s policy, and was met with the usual five, really boring choices:
- Canadian Stocks
- US Stocks
- Foreign Stocks
- Real Estate
- Money Market
That’s it, a wonderful set of non-diverse, high-fee, high-penalty instruments. So right off the bat, having dabbled in stocks rather unsuccessfully as a teenager around the dot-com era, I realized there is more to this than just 5-6 expensive mutual funds. I went to the bookstore, luckily bought The Successful Investor by William J. O’Neil, and ever since then I embarked on a roller coaster equity ride.
So after having made all the usual rookie mistakes (including giving up in March 2009!), having transitioned from growth stock trading to mostly systematic trendfollowing, I’d like to share my journey in finding peace and prosperity through the beauty of statistics.
Thanks for taking the time to read!
Michael Angelo Mustillo