I think a have some investing experience, since I bought my first stocks in 1982. However, experience doesn't mean that one is succesfull. With my investments, I am confident to receive a modest 20% return. Sure you can make more money in boom times, but you can loose your shirt when the market turns down. I am amazed how many people around here bought stocks in relatively unknown tech companies. I would never dare to do this. So I would describe myself as a cautious investor and stick with stocks in mature industries like automobiles, banks etc. I have so far, almost no experience with tech stocks and I think that tech is a very dangerous playground. Yes investing is a very hard game, and as I fell my investment knowledge is limited, I would be glad if you would share your knowledge with us.