AdamGalas

Adam Galas

I am a 27 year old who has been passionate about investing since my dad introduced me to this way of life at the age of 12. As I grew as an adolescent I used my life savings to try to earn my fortune in the thrilling world of high finance. Along the way I've made and lost several small fortunes through option speculation and aggressive growth investing and learned valuable lessons that I want to share. I am passionate about long-term, buy and hold, income focused investing. History teaches us that this approach is the most powerful means available to build long-term wealth and income. My goal is to teach my readers how to find, research and follow the kind of companies that will make their financial dreams come true.

General Information

Name:
Adam Galas
Fool Since:
March 30 2011
Where I Live:
Oneonta, Al
Where I Grew Up:
Shoreview, MN
Gender:
Male

Investing Basics

Investing Experience:
High
Risk Tolerance:
Medium
Investing Style:
Long-Term Buy to Hold
Portfolio Size:
Small (1-3 Stocks)
Types of Investments:
I prefer dividend paying stocks with small to medium growth and high dividend yields. However, I am also considering investing in a dividend growth portfolio.
Stocks I Own:
Tesla Motors (TSLA)

Investing Favorites

Stocks:
Prospect Capital (PSEC) Seadrill Limited (SDRL) Vanguard Natural Resources (VNR) Calumet Specialty Products Partners (CLMT) New York Mortgage Trust (NYMT) Medley Capital Corporation (MCC) Main Street Capital (MAIN) Ensco Drilling (ESV) Brookfield Infrastructure Partners (BIP)
Industries:
MLPs, Shipping, Offshore Oil drilling, REITs, mREITs, energy companies, BDCs, dividend growth stocks

Investing Expertise

My Area of Expertise:
High Yield Dividends, Dividend Growth Investing, Growth Investing, Energy, BDCs, MLPs, REITs
Greatest Investment:
XMSR +400%
Worst Investment:
Currency investing, -100%
Money I Manage:
My own

Education And Work Information

School(s) Attended
University of Minnesota
Former Jobs
Army Medical Officer

Interests

Personal Quote:
"Life is what happens to you as you're making plans."
My Interests:
Weight Training, Cars, Technology, Science, Movies, TV
Favorite Restaurants or Foods:
Olive Garden
Favorite Vacation Spots:
Hawaii
Favorite Sports or Teams:
Green Bay Packers (I'm a proud shareholder)
Favorite Movies:
2012

My Story

I have 15 years of experience with investing, beginning at the age of 12 when my father taught me about investing and the power of compounding. I invested my life savings in tech stocks right before the Nasdaq bubble burst and learned a valuable lesson about diversification and the importance of valuation. Since that time I’ve dabbled in day trading, commodities, currency and speculative options. I’ve made and lost several fortunes and learned very valuable lessons about what works (long-term buy and hold) and what doesn’t (get rich quick speculation). I received my Undergrad in Economics (with an emphasis on pre-medicine) from the University of Minnesota. Afterwards I joined the US Army. I met my wife while stationed in Maryland and we recently moved to our farm in Alabama. I am very family oriented and our farm is located within a quarter mile of her grandparents, parents and aunt and uncle. It is the ideal location to start and raise a family. Deciding to switch careers from medicine to investmenting has not been an easy choice. However, I’m blessed to have a very loving and supportive wife who convinced me that I should take a risk and chase my dream. This has always been to write for and eventually work at the Motley Fool. I’m eager to bring my rich experience to the Motley Fool and to help your readers learn from both my successes and failures.