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I'm 34 years old. Twelve years ago, I got a bachelor's degree in Computer Science, and have been working as a computer programmer more-or-less continuously since then.

I also have been investing in the stock market since 1999. I'm very meticulous, and have carefully tracked my investments. Recently, I decide to sit down and really analyze my performance vs. the market.

I threw out the 1999-2002 data because it was mostly filled with my stock options at the company I worked for, and was thus not indicative of my own trading prowess. But since 2002, I've just been a retail investor, investing a self-directed IRA and various brokerage accounts.

From 2002 through today, I've made about $24,000 in net contributions into my various accounts, and today the value of the accounts adds up to about $40,000. I would have had the exact same performance had I been investing in a savings account yielding about 9% - a pretty good return for the past 8 years.

I also did a more detailed comparison, and did a what-if scenario where I just put all of my contributions into (and took my withdrawals from) imaginary stocks that exactly tracked the Dow, Nasdaq, and S&P 500. In those scenarios, I would have ended up with between $19,000 and $21,000, depending on which index I used.

So, I'm pretty good at picking stocks and managing investments; as of today, I have about twice as much money in my various accounts as I would have had I just blindly followed the "index fund" advice, and I have a substantial profit instead of a small but significant loss.

I've been programming for 12 years, and the market for programmers isn't getting any better. Most programming these days is very boring "make the button on the web site a little bit bluer" web development stuff. My current job is a contract position that will end about four months from now.

So, I'm a pretty good investor, will be looking for a job soon, and might be interested in a career change.

I live in Boise, Idaho, not exactly a financial hotbed. I have no desire to move elsewhere.

Is there any way that I can turn my trading prowess into a job as a professional portfolio manager? How would I even begin doing something like that?

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    As a computer programmer myself, I don't think Computer programming is a boring job. If you are looking for challenges, I think getting a job at Google/FB/startups will be a good step. I am kinda brainwashed by the efficient market argument, and I believe that most of the time, the market is pretty efficient. There just aren't enough statistical evidences to prove that anyone can beat the market. If I were you, I would just seek out jobs/start your own business in Sillicon Valley and create real product for people to use. You can keep investment as a hobby and a way to generate some passive in – zsljulius Dec 24 '13 at 15:57
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    What happened in the end? – Cloud Apr 19 '18 at 17:30
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    I would also like to know the end of the story. – Arefe Jul 13 at 6:30
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Staying in Idaho, you could pursue some additional degree and try to get a job with a bank in the area as an investment advisor of some sort. However, I have doubts as to whether or not you'd be able to employ your creativity and test your own instincts in that sort of a position.

If you really want to get into the big-money investment sector, I'd suggest a move to a financial hub (Chicago, New York, San Francisco) and getting a job programming for a big firm. After obtaining some experience there, you may be able to transfer to a more investment-oriented position (at the same firm or another) and from there to a position where you can unleash your talent (assuming you have some). Putting a degree in finance somewhere in the mix would help too.

Consider the following. You want to make $50,000/yr (low) by running a fund with a 1% expense ratio (high) investing other peoples' money... you're dealing with at least $5 million. That's a good chunk of change. To be entrusted with that kind of money is kind of a big deal, and you'll need to get some people to believe in your capabilities. You're not likely to get that kind of trust working out of Boise. Even if you're just doing research for some fund manager, you're not likely to find too many of those in Boise either.

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You need to do a few things to analyze your results. First, look at the timing of the deposits, and try to confirm the return you state. If it's still as high as you think, can you attribute it to one lucky stock purchase? I have an account that's up 863% from 1998 till 2013. Am I a genius? Hardly. That account, one of many, happened to have stocks that really outperformed, Apple among them. If you are that good, a career change may be in order. Few are that good. Joe

  • My technique was to make a spreadsheet where for each month I noted the sum of deposits and withdrawals, and the sum of my balances in my accounts. From there, I was able to find a flat return (9.004%) that corresponded to that set of deposits, withdrawals, and final balance. I also noted the month-end value of the big three indexes, and calculated how many 'shares' of them I would have had I just put my money into them. I'm confident that I did it right. Finally, my biggest single gain was a $6100 jump, and my second largest was about $1600. – Shawaron Feb 14 '10 at 3:32
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    But back to my original question: If I really am that good, what's the next step? How does a computer programmer in Boise with a knack for trading turn that knack into a job? – Shawaron Feb 14 '10 at 3:33
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    @Shawaron: Did you also take the dividends of the big three indexes into account, or just the month-end values of the indexes? If you missed the dividends, you weren't comparing your own returns to the indexes' total returns. For an apples-to-apples comparison you'll need to include dividends. – Chris W. Rea Feb 15 '10 at 13:11
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    Don't rely on the "adjusted close" column in Yahoo as being inclusive of dividends when quoting on ^IXIC (Nasdaq Composite). Look instead at ^XCMP (NASDAQ Composite Total Return), but sadly no more than 5 days data. See also nasdaq.com/aspx/TotalReturn.aspx. Which indexes actually include dividends is an interesting question. – Chris W. Rea Feb 18 '10 at 23:43
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    Thanks to Chris for the info about dividends. Recomparing my performance against SPY, DIA, and QQQQ, I found that they would have each had about $1500 in dividends over the given time frame; I'm still well above where I would have been with an index fund, but less so. – Shawaron Feb 22 '10 at 15:54
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Step 1: Get a part-time job in sales. Perhaps selling appliances at Sears.

Step 2: If you are great at that, then look into becoming a stock broker/investment adviser in Boise ... which is a sales job.

Step 3: If you are great at that, then you might be able to become a portfolio manager, perhaps a hedge fund manager for the clients you collected as a stock broker/ investment consultant.

That seems to be the steps I have seen from reading the bios of a number of professional investors.

The other method seems to be an MBA from a top 10 business school.

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Don't. There is no such thing as being "good at investing" without personal expertise in the domain. All such attempt WILL fail, whether you're Warren Buffet or not. Will you divest before the big drop? There will be no way for you to tell or analyze that if you have no expertise in the field.

The reason is essentially "there is no free lunch". What you see in the stock market is a mostly a phenomenon of population growth -- having nothing to do at all with quality of product or expertise of leadership.

If you find yourself getting proficient at this field, it probably means you should find a job as a finance manager. The skills you are learning with tracking investments are perfect for being a business manager. It could be retail (like managing a Verizon store, for example). It could be food... whatever.

Farm cows also see "continuous growth" and then.... Seriously, don't do it.

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