Hi all, my name is Spencer Menken, I’m a 25 year old from Toronto, Ontario in Canada. I currently manage a crew of workers as a foreman for a construction company installing underground infrastructure here in Toronto. Investing caught my attention 2 years ago when potstocks started becoming more popular and I dove right in, doubling my investment in just 2 short months. After that I got hooked and started trying to learn more and more, reading everything from the Yahoo Finance chat rooms, Investopedia, blogs, books and eventually hopped on Twitter, where I started following Ian Cassel and heard about Intelligent Fanatics. I got lucky one more time before getting burned by various different bad investment decisions and that led me to realize how little I actually know about investing and so I’ve set about searching for proper educational material.
This past year I’ve focused on becoming more knowledgeable and disciplined and have gotten to the point where I often contemplate leaving my job for good in order to pursue investing and trading full-time. The “Burning Bridges” article was particularly inspiring, because I’m often frustrated at the lack of time I have to sit down and properly focus on learning due my job taking up a solid 14 hours of my day. Financial Independence is a goal I’m very passionate about, and in order to do that one has to be in complete control of their finances and be able to make calculated decisions. Charles Munger and Warren Buffett are huge inspirations for me, however due to the importance of being able to make a living while waiting for long term investments to come to fruition, I’m also studying up on technical trading and options. Once I feel ready to cut the cord with my construction career, I’d like to seek out a mentor to help me develop my investment skills.
I look forward to learning a lot from this community, and a big thanks to Sean and Ian for making this possible!