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Money panel

By FRED W. WRIGHT JR.
Published December 17, 2006


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Martin Zubek, 50, mortgage broker, Seminole 

How did you get started in investing?

I worked for a bank. I had a broker at the bank. This was 1985.

What is your best investment?

Google.

What is your worst investment?

When I was 18, someone persuaded me to put $1,000 into a penny stock that went nowhere.

What have you learned about investing that you think all investors should know?

To do your homework.

How would you describe your approach to investing?

Definitely aggressive. I have everything in stocks. At my age, I should probably diversify a bit more. I don't intend to go into bonds unless I'm convinced otherwise.

What do you find the most difficult about investing?

Staying on top of the investments from day to day. I need the time to do that.

How are you invested?

Probably 80 percent in real estate and 20 percent in stocks.

What changes have you made in your investments in the past year?

I've stayed pat.

Do you think now is a good time to invest?

Any time is a good time to invest as long as you're in for the long term.

What is your goal for your investing?

I should (have a goal), but I don't.

What is your biggest money concern?

Property taxes and the cost of insurance. I'd like to buy another real estate investment, but I'm concerned about property taxes.

Where do you get your investment tips?

My favorite is Mad Money.

 

[Last modified December 17, 2006, 01:12:11]


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