Past month was rough with gold and silver mining stocks dropping literallly like a rock- Magna Mining (#MAG) and Hecla Mining (#HL), two of my large long term positions, took such beating that I put more money in and took even more beating- But it’s ok- 20-30% volatility and 50% Continue Reading
Investing
[Investing] Mobile Trading
Never thought mobile trading was a good idea because– The screen is too small and you might accidentally press something wrong- Literally, the “fat finger”- But during my trip, I made my first trade while eating at IN-N-OUT. ETrade Interface was easy to use and not as bad as I Continue Reading
[Investing] Gold/Silver Crash?
Whoa- Yesterday was not a fun day for gold/silver- -2% ouch! Thankfully, I had cash. So I bought HL, MUX, AG when they dropped 3-4% and sold at 1% profit- Not bad considering that I had to trade with my phone being outside. Very thankful for apps 😀 I checked Continue Reading
[Investing] GreyOwl Q2 Letter
I am so thankful for investment letters and investment reports. They were very difficult to obtain back 20 years ago. Now many funds and investors post their letters and reports on their websites. It is awesome that we can learn from good/great investors/traders for FREE! Thank you for internet! Thank Continue Reading
[Investing] Prosper Update
It has been six month since I invested in Prosper- So far my return is 9.21% a drop from about 12%- WHAT HAPPENED?! I just invested more in money in Prosper for diversification purposes- Out of the 64 notes, only 2 are late so it’s good- Once the loans start Continue Reading
[Investing] Retail Frenzy
A article from Zerohedge points out that retail is likely all in– I know that we are almost there as well. I have students trading crypto, FOREX, and gobbling investment forums. And just one or two year ago, they didn’t even know about stocks and markets- It is also scary Continue Reading
[Investing] 2021/7/23
Not much action today- Wanted to sell MUX but did not happen- The swing trading is still on- Bought more HL for reversion- I hope to gain 1-2%- I am keeping cash and waiting for more volatility and potential correction- Not the best market to jump in with decreasing breadth Continue Reading
[Investing] 2021/7/22
Markets slowly recovering but not so much movement in gold and oil- This recovery is precarious…with lack of breadth, any bad news will likely trigger a panic selling- So today, I just set out most of the time. I bought MUX because I saw volatility with traders coming in to Continue Reading
[Investing] 2021/7/19
Tough few weeks- With gold and silver rollercoaster- My super gold/silver miner concentrated portfolio took a 15% hit! Yup that is what happens when you have a concentrated portfolios with junior miners- However, I did expect a wild ride- It’s just more violent than expected. I am below 10% cash, Continue Reading
[Investing] 2021/6/30
Finally, I am back- What a busy month- Teaching, research, family- I am almost forgot about blogging…Well…I did- But now I am back- It has been a rough few weeks for gold, as it crashed to $1760 and silver also dropped- My concentrated positions (GOLD, NEM, MUX, HL, AG) all Continue Reading