My First Post
Hey everyone, You’re at the beginning of this websites story. I hope to keep you entertained and increase your knowledge as we take this journey together. I’m excited! And I hope you are too.
Here’s what we’ll discuss today:
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Who I am (more in the about page)
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My investing style, and why it’s great.
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I get personal, maybe even a little sappy, but it’s part of my story.
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Next, I’ll try to give you some perspective (I learned the hard way).
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What my goal is for this website/blog.
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My pledge to you.
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Why making mistakes are Awesome.
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Why I started this blog
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What you’re going to learn.
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The best way to start learning
Who I am.
So, a little about me and my story…
My name is Ryan Chudyk. I’m 30 today (happy birthday to me!), that will be young to some of you and old to others… I work 40 hours a week job that I enjoy! (most of the time).
Recently, I was lucky enough to get married to the love of my life, Jen. I have a great dog named Kola, amazing friends, and a loving and supportive family.
How I Invest
Investing, I think, is the absolute best way to achieve financial freedom. It’s awesome. It’s fun, it’s challenging, and it can generate huge rewards sometimes directly correlated to the amount of time you put into it.
My investing style is a mix of value investing in distressed companies (maybe that’s the only type of Value investing…) with some charting techniques and ‘value style options’ mixed in to increase my returns. I love to learn and I also love to teach and help others.
Last year my stock portfolio was up 151%. Let me tell you, that is a good feeling. All my hard work and studying was paying off. I was on top of the world. I was invincible…
But, of course, I actually wasn’t. I got a little too comfortable, over confident, and stopped following the rules (greed may have played the biggest role here).
This lead me to make a huge mistake. This mistake cause me to lose all most all of my investment. It was one of the most sweat-inducing, ego destroying events I’ve ever had to deal with. It felt like the single biggest failure of my life… After people hear how the investment failed they say “it wasn’t your fault, professionals made the same mistake as you did” but there were warning signs, I just didn’t see them until it was too late…
Getting a little personal here… brace yourself
I’ve been studying, learning, and practicing investing for many years now, and I thought I had it all figured out. And you know what? I might have, but I forgot to follow my own rules, made some stupid mistakes, and paid for it (quite literally). That loss was one of the worst feelings I’ve felt in my life. I felt like a failure, like maybe I should just give up and try something else. Maybe I wasn’t cut out for this…
My wife, Jen, was the one who stopped this train of thought. After I told her what had happened she grabbed me and said, “Yes, you made a mistake, and that sucks, but I’m still here for you. What has actually changed in your daily life? Nothing. You still have a wife that loves you, a dog that’s crazy about you, and a pretty great life! You’ll get through this, just don’t make those same mistakes again”.
I honestly could have cried, (and probably almost did…) she still believed in me and wanted to see me succeed and knew that I would. With a Wife like that, how can I not succeed?. She saw all the hard work I put in over the years, and the big successes that had lead to in the past.
I’m sure I’ll make some mistakes again down the road, but I promise I won’t make the same mistakes twice. I’ll always continue to learn and grow as an investor.
There is no ‘one answer’ when it comes to stock investing, but I plan on learning as many of them as I can.
Quick lesson about perspective
Extra money is nice, and it can help us achieve our goals, give us more freedom, let us travel the world, etc. But, and this was a strong lesson for me at the time, it’s certainly not everything.
What really matters are the people (Family, Friends, Boyfriend/Girlfriend, Spouse) around you. They are what remains if that money were to disappear. I’ll try to never forget that.
My plan is to continue to learn and grow as an investor. I’m doing my best to not break any of my investment rules, and to keep my ego in check. I know I’ll gain what I’ve lost in no time, and soon I’ll be on my way to early retirement.
My Goal with this website/blog
I made this website to help teach people how to invest in what i believe is the best way possible. Combining conservative company valuations, with charting, trends, and value style option trades, for increased returns and cash flow. My goal for you is to have enough money to retire early and with abundance, and to have an amazingly happy life along the way.
This is not a get rich quick scheme, so if your looking for a way to do that, you’re in the wrong place. This is more of a get rich slowly plan that has worked for generations.
This is for people who are willing to put in the hard work. Only with hard work, dedication, and perseverance will you reap the huge rewards that are possible with investing. If that sounds like you, then you’re in the right place.
My Pledge to you
I will be as open, honest, and transparent about what it takes to get your investing to that Next Level. I’ll relate my own goals and how I plan to achieve them.
I’ll do all I can to see you develop your investing strategy, implement some more advanced strategies for greater returns and lowering risks and keeping you motivated. My goals for you are to:
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Gain the knowledge and continue your education.
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Practice what you learn until your comfortable.
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Take action, and follow through with what you’ve learned, and stick with it.
I’ll also teach you the methods I properly used to make the 151 percent in under a year. (my yearly goal is 24%) This took a lot of work. Lots of reading, learning and studying. Most importantly, I applied what I learned and reaped the rewards.
Making Mistakes is Awesome
Don’t get me wrong, you’ll still make mistakes, and that’s great! The most important thing is that you Learn from them, and then (my hope is) you’ll relate what happened to other investors in our community, so they can all learn from them too. Everyone wins!
*If everyone is learning from each others mistakes, soon their will be none left to make.*
The only time you fail is when you give up and quit. Making a mistake Is no failure, it’s feedback.
Why I decided to start this blog
One of my main objectives is to prevent you from making the same mistakes I’ve made in the past. It was horrible, and I want to prevent that from happening to as many people as possible. I’ll teach the lessons I’ve had to learn the hard way, so that you won’t make the same ones.
The whole purpose of learning investing from others is to decrease capital loss in your accounts with the added benefit of a ‘+’ in the gains column, while making friends along the way. I will help you add a few new tricks to your investing style to help propel you to your goals and the life your looking for.
The second reason I’m blogging is to pay it forward. So many people have helped me throughout my investing career and now I want to do the same for all of you.
I also know that teaching someone else is the best way to learn, so I’m rather selfishly putting together this site for that reason as well.
*I will answer any emails, questions, and concerns you may have and hope to feature some of your questions as a post to the site. Remember, ‘the only stupid question is the one that doesn’t get asked’.
What you’re going to learn
This blog is all about investing. Specifically about adding one or two new techniques to increase your overall return while decreasing your downside risk. I believe that when you buy a stock your buying a piece of that business, and so it should be treated that way. These methods will help you get the businesses (stocks) you want to own, at the prices you want to own them at. Not only that, but you’ll actually be getting paid up front to buy the businesses you want to buy at the prices your happy to own them at.
The best way I know how to help is by teaching you something called ‘Value Style Options’ which combines:
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Simple option techniques with
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Easy charting procedures.
We’ll first dive into what exactly stock options are and what they can do for us. Then we’ll dig deep into how we can use them on companies we own at the prices we want to own them at. We’ll also learn how to combine This is a whole new way of thinking about options, and very few people think about them the way I do.
Best way to continue your education
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