Share Your Number

Share Your Number

Josh
  • 26, Male
  • White Plains, NY
  • United States
Share
Share on Twitter
Share on Facebook

Josh's Friends

 

Josh's Page

Gifts Received

Gift

Josh has not received any gifts yet

Give Josh a Gift

Latest Activity

Jeff, your doing great man, keep moving forward.
January 31
Haha, good to see your dumping those lousy munies and managing your own fund. Exciting right? still haven't read rule #1, but glad to see your having success Jeff. Since were all updating, I'm still working in biotech (not retired yet) after a rolle…
January 14
January 14
Also I;ve been learning alot in the past months about how to start a hedge fund. You need at least 50 Million to get your overhead covered by the fees to the fund. I'm reconsidering my options./
November 23, 2009
Thats the right question to be asking. The same question I asked when I began to study trading. I would read about and study the guys who have consistent returns, and how they do it. Read the books I suggested on the blog post about trading and inve…
November 23, 2009
I'm interested in learning how your fund will work without having to cough up that 2% :) Investing is still new to me and figuring out how people get consistent positive returns is something I'd like to pursue. Thanks, Me!
November 22, 2009
Josh left a comment for Jeff
August 14, 2009
If she wants to start a business, I would tell her to stop reading about starting a business and just do it. Once she has this experience, she'll know what kind of business she wants to own, then she should start reading books. Of course The E-Myth…
August 14, 2009

Profile Information

What's Your Number?
9 mil
What's Your Date?
November 18, 2015
What's Your Life's Purpose?
infinite freedom to do, go wherever and whenever I choose to which will include, solving real world problems. Not mathematical or philosophical problems, but finding answers to situations that need to change.

Josh's Photos

Loading…

Josh's Blog

Josh

The Right Vehicle

The vehicle selected for my journey to 9 million in seven years is to start and manage a business, this selection is appropriate for the compounded annual growth rate necessary to achieve 9 million in seven years. The business I plan to start is essantialy a money managing business also know as a hedge fund (In the past several decades the title "hedge fund" has become more of a blanket title then an acurate description of how money is managed in most "hedge funds", because usually very little "… Continue

Posted on July 25, 2009 at 11:20am — 12 Comments

Josh

Building A Stock Investment Strategy

Just in case anyone was interested in building their own stock investment strategy, this is what I would recommend.

If you want to make some money with stocks...you need to basically become an expert on the industry you plan to invest in (I would recommend choosing one). It doesn't matter what industry. (although the more volitile it is, the better. This provides for more opportunities) Learn what rules the industry plays by, who the major players are and how a company is valued, this will lead… Continue

Posted on July 15, 2009 at 3:56pm — 21 Comments

Josh

We Have Lift Off

So this is where it starts to get really exciting, and fun. With the ground work of Money Making 101 in full effect, Money Making 201 can be started and more importantly maintained through the course of ones life. Had this foundation not been constructed, I would have inevitably increased my spending as my income increased during Money Making 201, diluting growth potential. Good thing AJC has been thinking ahead.

My new number and date are officially 9 million by January 2016. but there’s no pe… Continue

Posted on June 18, 2009 at 12:30pm — 6 Comments

Comment Wall (9 comments)

You need to be a member of Share Your Number to add comments!

Join Share Your Number

At 1:55pm on June 16, 2009, Josh said…
So this is where it starts to get really exciting, and fun. With the ground work of Money Making 101 in full effect, Money Making 201 can be started and more importantly maintained through the course of ones life. Had this foundation not been constructed, I would have inevitably increased my spending as my income increased during Money Making 201, diluting growth potential. Good thing AJC has been thinking ahead.

My new number and date are officially 9 million by January 2016. but there’s no penalty for early arrival. The compound annual growth rate to arrive at this number is approximately 57% (I think in an earlier post I wrote 52%, I had used 7 compounding periods for the calculation, I arrived at 57% by using 6.5 compounding periods.) To achieve 57% CAGR, I will continue trading the funds in both my personal brokerage and 401(k) accounts until the liquid value becomes north of 4 million. At that point I will withdraw the funds from my 401(k), taking a large loss from taxes and early withdraw penalties, buy an apartment and start a long-short equities hedge fund. For the first one to two years the fund will consist of solely friends and family, this will save a bundle in administration fee’s, although the start up costs plus accounting fee’s will run about 35K for the first year. After taking on solicited investor’s and institution’s I will need to outsource the administration work and expenses will rise from there. But that’s no problem because with more money to manage, comes more opportunity. In an effort to minimize expenses and maximize tax deductions, the fund will be run from my home. There isn’t much that’s needed as far as assets to start the business, just a couple computers, phone, fax, copy machine, printer, just basic office stuff, most of it I already own.

I would like to have a shovel in the ground by this time next year, so stand by for launch.
At 9:56pm on June 4, 2009, Alex said…
I do think oil will bubble again, but in the long term (5 years out), its not really a bubble, its just going to be the new price level. But the price per barrel is already creeping past 70, so yeah, I think the alternative energy play is a good one. And on another note, Brazilian stocks are already bouncing back, and I think they are going to be really hot in the next year or two.
At 12:31am on December 19, 2008, Andee Sellman, One Sherpa said…
Hi Josh,
Glad you approve of my number but it can be achieved a number of different ways.
FIRST WAY - low return on capital which means I need lots of capital. Let's say 5% return, then I'll need $10,000,000 to achieve my goal
SECOND WAY - look for high returns which means way less capital to achieve my goal. Let's say 40%, then I'll need only $1,250,000 of capital to achieve my goal. I can hear you saying that's impossible BUT as business mentors and advisors we see these returns every day in our clients. That's the type of business I'm looking for and we help people in them every day.
At 3:30pm on December 8, 2008, KC said…
Hello Josh. I've been looking at your posts elsewhere on Adrian's sites, especially your comment asking if there was any further news on his experimental e-book sales site.

Can I suggest you have a look at my post on the shareyournumber community site, where I point to three videos that I think you may find show a rather neat way of getting, and then leveraging, e-book products.

Here's the link which you can Copy & Paste into your browser's address box:
http://shareyournumber.ning.com/profiles/blogs/continuity-napkin-gt-snowball
At 10:26am on November 24, 2008, Scott said…
Hey Josh, not much, just trying to stay on top of things, lol. Cool website we have here!
At 9:44pm on November 23, 2008, Debbie said…
Brewery in downtown Albany? Hmm.. is it across the street from Jillians? Gonna have to check out this situation :)

I've never actually gone to White Plains but have driven past it. Small world.
At 8:54am on November 23, 2008, Lee Martin said…
Over the years I've listened to most all the TV preachers. Copeland is one of those that I actually enjoy listening to. He has done a lot more than just TV preach including a couple of books and believe it or not even some western movies where he played a rough tough cowpoke.
At 3:51pm on November 22, 2008, Debbie said…
White Plains? Josh I had no idea how close we were located... I'm just outside Albany.
At 3:46pm on November 22, 2008, Lee Martin said…
"Solving Real World problems?" With any luck at all most of the worlds problems will be solved by our new president and his team. But I'm excited about following your progress and maybe even asking your advice from time to time. I'm exciting about what is ahead of us.
 
 
 

Subscribe by e-mail

Enter your email address:

Delivered by FeedBurner

Badge

Loading…

© 2010   Created by Adrian.   Powered by .

Badges  |  Report an Issue  |  Terms of Service

Sign in to chat!