Name:Hang
Gender:Male
Age:29
Relationship Status: Single
Income: $100K - $150K Annual
Position:Data Scientist
Background:
Hang is a singale male professional working in financial services industry. He currently lives with his girlfriend in a condo at downtown. Hang is planning to marry his girlfriend in 2 years and he has plans to buy his own property by then. He works for an asset management firm as a data scientist. Hang also passed his CFA exams and he invests in stocks during his spare time. Hang is relatively conversative when it comes to picking stocks to invest. He leverages the knowledge he learned in CFA classes when he trades his stocks. Hang is a driven and determined professional who wants to financially stable and earn enough money for his wedding and downpayment which is likely to happen in two years.
Objective:
Use excessive cash on the side to invest in stock market for extra income
Motivation:
would like to marry his girlfriend in two years
would like put down a downpayment of 150K for his new house in 2 years
would like to use only excessive cash for stock investment while saving up for his downpayment.
Current Saving: 80K
Quantified Financial Targets:
Investment Return: 10% annual
Annual Saving per Year: 40K
New Capital Available for stock market:
20K/annual
Expected Capital in 2 years: $150K
Characteristics:
1.risk adverse
2.has intermediate financial knowledge
3.family oriented
4.hard-working
5.academically curious
6.likes to spendtime alone
Tools used
yahoo finance
financial news
Books
Bloomberg
Questrade
investment blogs
youtube videos
Current Pain points:
Hang's experience in the stock market is considered more advanced than majority of the retail investors. His current job equip him with sufficient knowledge to analyze industry and companies. However, he is an engineer turned finance professional thus his corporate finance fundamentals are not strong. He is also very busy at his job thus he had limited time to learn about the market and investment during his spare time. As Hang has lived abroad for many years. Hang is insterested in learning more about both US and Chinese companies.
Product Expectation:
-Use the product to select stocks once a month
-use the product to help him hit the ground running and equip himself with sufficient fundamental investment knowledge
-use the product to run sanity check on his investment ideas
-use the product as a platform for quick learning.
-use the product to learn more deeply about a partifuclar company.