My 1st Million At 33 – yes, you can do it too

www.HelpYourMoney.com interviewed me sometime ago. Go and check it out if you haven’t read it. I had some stock recommendation, but please NOTE that the precious metal and energy sectors are very volatile compared to the entire market. The fall (and rise) is very violent. In the past week, my concentrated portfolio has lost a little bit more than 10%, and probably lost 20% in most of my precious metal holdings. So if your heart is strong enough for such crazy volatility, welcome to the club. Do your own due diligence before investing anything. Take the responsibility for your own money, and don’t rely on anyone telling you what to do.

Thanks to Tim, you can find the interview at this link here.

Here are a few questions/answers from the interview:

1. First, can you please introduce yourself and tell us why your started your personal finance blog?

I am an engineer, and I live in California. My wife and I have two small children, aged 4 and 1. We live frugally well within our means.

One of the reasons to start blogging is obviously for the potential of making some money. I have big dreams for my blog like many PF bloggers out there. Of course, pretty soon the reality set in and it’s what other reasons that keep me going. One is that I can be a lot more accountable for my own financial and investing decisions. And I hope to share my investing tips and experiences to hopefully benefit smaller investors. And most important of all, I hope my blog can benefit my relatives and friends too.

2. Do you feel you are on the right track to reaching your financial goals and what are they?

Yes, I guess. I don’t review my long term goals very frequently because I believe that I have done everything that I can, and that’s what matters the most. My financial goals are to provide my children to go to college without them taking on any college loans, and retire at 60.

5. If you had to recommend just one financial related magazine, what would it be?

I read BusinessWeek and Kiplinger’s personal finance magazine regularly. I like BusinessWeek better.

There are many other good magazines out there, like Forbe’s, SmartMoney, Economist, and Money. All of the six magazines are very good. Some have different scopes than others. Personally, BusinessWeek addresses my needs the best because it keeps me up-to-date on the current topics in the investment world and the state of economy. For people who care less about macro-economics, Kiplinger’s and Money are probably a better choice. Economist is for the most serious investors.

P.S. If you have any questions regarding the interview, you must post your questions on my site, and at this post. I won’t see any of your comments/questions at the other site.