Why am I here?

Hello! I'm Seth Adams.

I am 23 years old, enrolled at a post-secondary institution in Canada, and have a passion for investing that started when I was around 12 years old. Throughout my investing journey, I have learned a lot by making mistakes and reflecting on what went wrong. However, sometimes it can be confusing. Besides learning from experience, I regularly listen to financial podcasts (The Canadian Investor, Stock Club, Moose on the Loose, Business Breakdowns), read different articles, and engage in investing forums. I also read investing-related books, of which my favourite is "The Psychology of Money" by Morgan Housel.

The reason I am here is first and foremost for myself. However, I also welcome you the reader here in hopes that you find some of the information I post useful in your investing Journey as well. 

Reasons for the blog:

1. To hold myself accountable for stock purchases

Nowadays investing apps are easy to use and often so easy to misuse. The temptation to make an irrational move in a stock portfolio is as easy as ever. In the past, I have allowed emotion to control my investment decisions. A part of the emotional control I noticed came from a place of forgetting why I invested in a company in the first place... aka a thesis for my investment. A while back I was listening to a podcast called "Stock Club" by MyWallSt where the hosts proposed the idea of an investing journal. That leads me to where I am now, on a blog site posting content where everyone can see which stocks I give a thesis for and am consequently held accountable for my actions.

While I probably won't report on smaller stock investments, I plan to outline a thesis for any investment decisions I make that result in a 5% or greater portfolio allocation. Hopefully, by making a habit of detailing my investment thesis' for different stocks I can bring clarity to my investing journey. As well, I hope this platform provides an opportunity to see how my thinking has changed, and when it does, to take corrective actions that reflect my conviction in the underlying securities that I hold.

2. Foster growth and development

I believe that people are capable of growth and development in almost any domain of life. Investing is no exception. That might come from the profession I am training for, teaching, but also as a person who is a 'hopeless optimist.' Consolidation of information happens best when an activity that requires recall follows learning new content. I plan to put this theory into practice. Through this blog, I hope that I can document this journey of growth and development through my posts that outline the reason for purchasing particular securities. While I hope to do well in every investment, I also recognize this isn't realistic. By having a platform where I can look back on my thinking I can have a clearer vision for the future. 

To you my reader and my future self,

Seth Adams