Finance Only discussion

My name is David, I created this group to discuss and recommend financial material.

I am 26
My bachelor is in Civil Engineering
My masters is an MBA

This short story by Gabriel García Márquez is a great expalanation of how financial crisis come to happen, please read it:

Imagine yourself a very small town where there's an old lady who has two siblings: one boy, 17, and a daughter, 14. She's serving them breakfast and has a worried expression on her face. Her sons ask her what's wrong and she answers:

- I don't know, but I have woke up with the feeling that something very terrible will happen to this town.

They laugh at their mother. They say those are old people feelings, it happens. The son goes to play to the billiards, and at the moment he's about to strike a simple cannon, the other player says to him:

- I bet you a dollar that you won't do it.

Everyone laughs, he laughs, he shoots and misses, pays his dollar due and everyone asks him what happened, if it was a simple shot. He replies:

- It's true, but I'm concerned about something my mother told me this morning, about something terrible happening to this town.

All laugh at him, and the dollar winner goes back home, where he's with his mother or a granddaughter or anything, any sibling. Happy about his dollar he says:

- I won this dollar to Dámaso on the simplest way because he's such a fool.

- And why is him such a fool?

- Well, because he couldn't strike a very simple cannon, worried about the idea that her mother woke up with a feeling that something terrible will happen to this town.

Then his mother tells him:

- Don't make fun out of old people feelings because sometimes they come true.

She listens to him and then goes to buy food. She says to the shopkeeper:

- I want a pound of food - and at the moment she's being served, she adds-: No, better them be two, because they're saying something terrible will happen to this town and it's best to be prepared.

The grocer dispatches her food and when another lady comes to buy a pound of food he tells her:

- Take two, because people is coming here saying something very terrible will happen, and they're preparing and buying things.

Then the old lady replies:

- I have several sons, look, better give me four pounds.

She takes the four pounds, and to make the long story short, I'll say that the grocer in half an hour runs out of food, go gets more from the warehouse, he sells all of it and the rumor spreads. The moment comes when everyone in the town is waiting for something to happen. All activities are stopped and suddenly, at two o'clock, weather's hot as usual. Someone says:

- Have you noticed how hot it is?

- But this town has always been hot!

(So hot that it's a town where musicians had their instruments mended with tar, and always played under a shade beacause if they played under the sun, their instruments will tear down in pieces.)

- However -someone says-, it's never been that hot at this time.

- But it's at two o'clock is when it's hotter.

- Yes, but not so hot as now.

To the desert town, to the desert town square, suddenly a little bird comes down and rumor spreads:

- There's a bird in the town square.

And everyone comes, frightened, to look at the little bird.

- But people, there have always been little birds who come down here.

- Yes, but never at this time.

It comes to a moment of such tension for the town residents, that everyone is desperate for leaving and are not brave enough to do it.

- I am a real man. -someone yells- I'm leaving.

He takes his goods, his children, his animals, place them on a cart and passes through the central street, where all the poor town is looking at him, until the time they all say:

- If he dares, then we are leaving too.

And they literally start to desert the town. They take their goods, animals, everything.

And one of the last to abandon the town says:

- Let no disgrace come to what is left from our house -and then he burns it and others start to burn their houses too.

They run away in tremendous and true panic, like in a war exodus, and in the middle of everyone is the woman who had the premonition crying out:

- I said something very terrible will happen, and they told me I was crazy.

by Gabriel García Márquez - told on a writer's congress.
Translation and adaptation by Juan Manuel Trejo Sánchez

Hello!
My name is Desiree. I am a 23 year old stay at home mother to 4 children. I am very interested in finance, specifically corporate finance. I have an Associates in Computer Programming and a Bachelors in Psychology. I am currently seeking to go back to school to get my degree in Business Administration with a concentration in Corporate Finance.

This is Nash, from Arkansas. Still a college student. Love finance, want to learn and read more.

Hello, I am Sandra. I write about investing at BellaOnline.com and have just published my first ebook, Investing $10K in 2013.

I love to read and discuss finance and investing topics.

Hello my name is Cody I love finance and it would be great if I could share ideas with everyone in this group.

Hello, my name is Joseph Lorick. I am a writer/banker/money coach from Baltimore, MD. I've published one book, "D.E.B.T. Did Everything But Think" and am almost finished my second. I also run a financial help website with videos at www.moneyetiquette.com. Though I write, I am always looking for other finance books to read and am looking forward to your suggestions. Feel free to send any of your finance questions my way and I will do my best to assist you. Did Everything But Think: D.E.B.T.

Hi all. Recently joined Goodreads and this group after publishing my first book on successful stock investments.

Back in the day never thought I'd become an author - surprisingly it sort of fell into my lap...

After investing in stocks for years with mediocre results, I decided to devote all my free time to understanding how one becomes successful in the stock market.

I spent a year intensely studying market psychology, historical stock data, and business fundamentals. Over time this allowed me to develop an investment strategy, which I immediately implemented with good results. I was earning an average of 1.5% total portfolio gain per week, which is outstanding compared to the average market appreciation. I thought to myself - if I was just able to put a large sum into my portfolio and maintain consistent results, I'd eventually become rich.

The problem is that I didn't have millions to invest upfront. I pondered on this issue for weeks, then I had a revelation one day while taking a nap. If I wrote a book on my research, I could use that income to exponentially grow my portfolio.

Initially my intent was to keep the strategy to myself. However, I realized that even if everyone in the world knew my strategy, they could not all follow it even if they intended to. People are plagued by their own fear and greed, and 90% of investors cannot control their emotions in the market. This means my strategy would always work, no matter how many people were familiar with it.

I started writing all my research findings and published the book in February 2014. Sales have continuously increased since publishing, and I'm receiving a growing amount of positive feedback from readers.

This is an exciting time to be an author and stock market investor, and wish to share my knowledge with others!

Hi I am Atul , I am investing in Stock market, want to learn & read more !!!

Hi, my name is Tariq. I reside in Singapore and I am a banker my profession. I write in my spare time and have recently written a book on money making techniques / personal finances. This book is in publication and will be available around October 2014. I would like to share excerpts of the book with this group and have some feedback before publication. Regards,

Hi everyone,
My name is Emil (24) and I'm from Denmark. I'm studying Economics & Corporate Communications at Copenhagen Business School.

I was very influenced by reading Daniel Kahnemann's book 'Thinking Fast and Slow', which made me dive into the study of behavioral finance and the stock market.

I have read some books on the subject; from Robert Shiller, David Swensen, Burton malkiel & Benjamin Graham and would be very pleased to find peers willing to discuss their books, finance and the like. In addition I have (somewhat succesfully) invested my personal fortune in the market and have some years of experience.

If you want feedback on your own books or just have 'plain' book suggestions, do not hesitate to contact me and I will happily look into it.
After reading the other introductions I believe that I have found a group of like minded people and I'm very much looking forward to talking to all of you :-)

Best regards,

Hello everyone,

My name is Nick from the United States studying Finance and Economics and the University of Oregon. I started getting more interested in reading about finance or macroeconomics this year.

My current favorite author is Micheal Lewis mainly for his story telling abilities and inside look into the financial world. Unfortunately I do not have a vast array of reading recommendations but I am open to other opinions.

Good luck.

Hi my name is Nick Reichert. I just joined Goodread after self-publishing my first book: Building a Financial Fortress: Lessons from the Great Recession for Savers and Investors.

I have always been interested in personal financial planning since early in my career. I'm working on my next book, which is focused on real estate investing for beginners.

Please follow me/like my author page and I will follow/like back.

http://www.amazon.com/-/e/B00LR3KMWU
https://twitter.com/NickReichert
https://www.facebook.com/thenixtr
https://plus.google.com/u/0/+NickReic...
https://www.goodreads.com/user/show/3...

Marco wrote: "Hi, my name is Marco Aguero. I am starting as author, I just published an Ebook for kindle regarding debts and usurious businesses but I would like to publish on some other topics more related to g..."

I'm happy to be the first person to like your author page. I like your blog, too.

Joseph wrote: "Hello, my name is Joseph Lorick. I am a writer/banker/money coach from Baltimore, MD. I've published one book, "D.E.B.T. Did Everything But Think" and am almost finished my second. I also run a fin..."

Liked your author page and added your book to my "to read" list!

Nick wrote: "Hello everyone,

My name is Nick from the United States studying Finance and Economics and the University of Oregon. I started getting more interested in reading about finance or macroeconomics thi..."

Nick - You might be interested in Aftershock (Wiedemer) and The Dollar Crisis (Duncan) and possibly also The Dollar Meltdown (Goyette).

http://www.amazon.com/-/e/B00LR3KMWU
https://twitter.com/NickReichert
https://www.facebook.com/thenixtr
https://plus.google.com/u/0/+NickReic...
https://www.goodreads.com/user/show/3...

Hi All,

This is Abhishek Anand from Mumbai.

I love to explore newer places, do networking, photography and obviously reading :)

Hello, I´m Lorenzo and live in Caracas, Venezuela. I work mostly for innovative tech entrepreneurs, developing businesses for international markets, mostly in Latin America and Hispanic speaking countries. I also work for investors of different types, from angels to family offices and institutional investors, building early-stage investment portfolios. I´m mostly interested in building bridges between entrepreneurs and investors.
Glad to join this group, have enjoyed reading comments.
Best,
Lorenzo
PS: For the record, I learned English quite young in New York City. Enjoy mucho reading, writing and speaking English. My native language is Spanish, which is a language I truly love. My blog on venture capital, mostly in Spanish, is http://capitalemprendedorlatam.wordpr...

I'm Brian. I've ben an equity research analyst and taught security analysis at Columbia B School. I've recently read books on the subjects of social finance, crowdfunding and financial technology. I'm also a Goodreads author; my new book, Social Media Strategies for Investing, was just published by F&W/Adams Media.

My Name is RJ i love learning about Finance, just looking forward to learn more!

Hello everyone.
My name is Sandra Baublitz and I have just published two new investing ebooks: Investing $10K in 2015: Invest Your Windfall for Success and The Simple Way to Invest Successfully: A Time-tested Strategy to Growing Your Money.

Learn more about each:

Investing $10K in 2015: Invest Your Windfall for Success

The Simple Way to Invest Successfully: A Time-tested Strategy to Growing Your Money

Kindle:
Investing $10K in 2015


The Simple Way to Invest Successfully

Hi Everyone!

My name is Rachel and I'm an author. My books focus on the topic of real estate investing. For reference, here they are:

Real Estate Investing Sucks: How to Deal with Change and Find Success as a Real Estate Investor

Real Estate Investing Sucks: How to Find, Hire, and Manage Contractors-the Right Way!

Adventures in Mobile Homes: How I Got Started in Mobile Home Investing and How You Can Too!

Looking forward to the group!

Rachel wrote: "Hi Everyone!." Hi Rachel, I'm glade I saw your post, I've been working on a investing system for the basics of investing. The two examples used in the system will be real estate investing and fund investing (mutual finds, IRA/401K accounts, etc.. I would love to know if you're flipping them, rehabing, or renting and what entity you're doing them in. I am involved in a 4-plex and hold it in a LLC, but know some flippers use an s-corp. Anyhow, if you ever get board, I would love to hear the details =)...

Thanks for your response J. I also use LLCs and do buy and hold. Hope that helps!

Rachel wrote: "Thanks for your response J. I also use LLCs and do buy and hold. Hope that helps!"
Thanks for the response Rachel =)... If you don't mind me asking is each property going under a new llc or all under the same llc?

J. wrote: "Rachel wrote: "Thanks for your response J. I also use LLCs and do buy and hold. Hope that helps!"
Thanks for the response Rachel =)... If you don't mind me asking is each property going under a new..."

No problem J. I group the LLCs. Having them separated can be a bit administrative. I'm currently looking into the Series LLC structure. Hope that helps!

Hi everyone,

I'm Valery and I'm currently studying Financial Math and Economics at a Canadian University. I can't wait to learn more about this fascinating field through books, and I wish you all the best of luck with your literary endeavours!

This is Miguel and I am getting closer to retirement, so I want to know more about my options. I have an MBA and always been intrigued about the stock market. I have joined because I want to be closer to people who has the same interest like me. I hope I can contribute a little too.

Hi,
Name is Nathan. Graduated with a Chemistry Degree bc it was basically the only thing that challenged me and kept my curiosity. I'm a jack of all trades and have worked every job in some form or fashion except for CEO or president of a company. I started with 5k and have grown my investments to 28k in 3 years and only deposited about $150 per month just by reading and investigating every question I have about the markets while attempting to combining the cumulative knowledge of authors I have read. I have a system, but systems are overrated, I want to get to a point where I feel and know the markets. If warren buffet gets about 23% annual return on investments that is my line to perform over. If anyone else wants to push themselves in various aspects of life including financial, leadership, community, philanthropy, spirituality, and all around a good life with the power to good things. Lets talk!!!!!!!!

Hi,
This is Shruti I am a CERTIFIED FINANCIAL PLANNER & have worked at Banking and Non-banking Financial Companies. Also, I started a financial planning blog for beginners where I write about how to invest properly. Let me know what you guys think: http://richesawait.com

Shruti wrote: "Hi,
This is Shruti I am a CERTIFIED FINANCIAL PLANNER & have worked at Banking and Non-banking Financial Companies. Also, I started a financial planning blog for beginners where I write about how t..."

Welcome to the group. Where are you located?

I'm from India :-)

Interesting... I live in the U.S. on the west coast, specifically Portland, Oregon. I am a commercial mortgage broker. I find financing for apartments, office buildings, retail properties, etc.

So how is the Indian economy?

I am Kirk G Meyer and work in contracts with the federal government. On the side I write a general personal finance blog at www.kirkgmeyer.com and books on financial issues available on Amazon.com. I have several advanced degrees that include an MBA, Masters in Accounting and a Masters In Financial Planning. If you would be interested in free copies of my books for an honest review feel free to contact me. I am in need of a few for each book. Thanks and I look forward to interacting with the group.

Hello everyone, I'm Galon great to meet you all. I'm a Video Strategist which works with business owners and love finance. I look forward to contribute here and learn from you all.

Hello, my name is Jessica. I am here to find information on finances. I am just starting to learn about what I probably should be doing with my money.

Hi there to all of you.
I'm P. Jaca. I am an IT professional, an investor, and a newborn author :). I'm delighted to join this group of like-minded intellectuals, and I'm here to share and gain knowledge. My first creation as an author is below:

The Autobiography of a Salaried Trader - Part 1: Discover the fundamentals of trading, investing, futures & options through the fascinating journey of a salaried employee to financial freedom.

Hello I’m Jose. Recently I purchased a kindle. Best decision ever lol anyways. I love reading. I moved up to New York from Florida and I had a plan. And investing was one of the central part of that plan along with enjoying the ride and bring thankful and especially teaching other or more so pass on important valuable knowledge onto others that may not trust a little bit less than me
I love investing and reading wisdom about finance that are positive. Love it if it has a little humor. Good evening and God bless all 🇺🇸😅❤️🌻☺️💪💪

Hi, my name is Elly. I have a degree in Finance and a MBA with a specialization in data analytics. I enjoy reading and would love to get book recommendations related to investment, budgeting, financial planning, etc. happy to be here and God bless you all!

https://amzn.in/d/gwU4PjX. This free kindle book depicts the real-life journey of a salaried employee to financial freedom.

Hi there, I’m Mariia, originally from Russia, but now I’m living in Czech Republic. I have a degree in Finance and accounting, also I’m active member of ACCA and General accountant in one company. I have big passion for books even if I always forget to add them on Goodreads. Happy to be here and hope to find myself useful in this group.

Hi everyone! I'm George from Toronto, Canada.

I have a Bachelor of Commerce (w/ minor in physics) and M.A. (Economics), although the M.A. degree was obtained while studying for a Ph.D. in Economics/Finance (I finished all the course work, but never completed a dissertation).

While still a Ph.D student, I published a couple of papers in peer-reviewed journals. I also started a financial software company on the side in the early 1990s, using some of the financial derivatives knowledge from my academic studies. That "side hustle" eventually led me to becoming a part-time student, and then leaving the Ph.D. program entirely (before finishing a dissertation)!

I then switched focus from the financial software business to opportunities in the internet space (particularly websites and domain names), and that's what I've focused on for the past 20 years.

I'm currently reading "The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution" and look forward to discovering other great books to read, via this group (I try to read 50% fiction and 50% non-fiction, though, and not just financial books!).

I meant “not ONLY financial books” in the last paragraph. 😀

Im from Turkey.
www.baharlivings.com

Hi Folks, My name is Manish Choudhary. I am 29 years old and recently joined a financial course in India. That's why I am here to connect with like-minded people. If anyone wants to connect plz give a comment or send me a private message. Thanks.

Hi guys! I’m Felipe, from Colombia. I’m industrial engineer, working as team manager. High investing mindset for build freedom! Fundamentals and diversification are my key drivers in my strategy. I want to share experiences and learn from you in this infinite world of investing! Let’s be in touch.

Hi everyone. I'm Damien, a undergrad at National University of Singapore as well as a wealth manager at a financial institute. I enjoy being a part of others financial journey and constant upgrading by reading. Anyone looking for a new friend please drop me a private message! :)

I'm Jeff. I have been seriously investing since 2017 and always want to learn more about investing and also business.

Hello Everyone My Name is Edgardo!

I'm new to Goodreads and retired from a career in finance, primarily investment management with a major wire house and then a trust department. I look forward to getting thoughts on the latest news and ideas related to capital markets