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[Investing] 2020/10/29

Posted on October 30, 2020October 30, 2020 by admin

My strategy worked- The miners that dropped yesterday went up 3-4% so that was nice. REITs also went up but I didn’t put much money in them because I need to conserve my cash- Oh well- That is how I learn- Very thankful for the small profit as every bit Continue Reading

[Investing] 2020/10/28

Posted on October 29, 2020October 29, 2020 by admin

Wow- big drop today- Gold miners dropping 8-10%- It hurt my portfolio but given that I am holding gold for the long term, I didn’t care much. But bought more to swing trade- Tomorrow, unemployment numbers will be out and if it is bad, then more drop. But I can Continue Reading

[Investing] Grey Owl Capital 2020 3Q Letter

Posted on October 27, 2020October 27, 2020 by admin

I found out about Grey Owl either through a podcast or a blog. They write nice concise letters that help your investing. I always read the letter and learn something. I just read Grey Owl’s 3Q letter. And here are my thoughts- Need to be always safe than very sorry. Continue Reading

[Investing] 2020/10/19 Week Update

Posted on October 24, 2020October 24, 2020 by admin

Another week with nothing much- Stimulus talks still ongoing- Probably, won’t happen next week. More likely after elections- Gold went down a bit and the market just stayed pretty much the same. I swing traded a bit but the profits were low. Still very thankful. Jesus, thank You for enabling Continue Reading

[Investing] Why I Don’t Watch the Presidential Debates

Posted on October 23, 2020October 23, 2020 by admin

As I write this post, Trump and Biden are duking it out on the final presidential debate- But I am not watching. Why? Because presidential debates do not correlate with who wins the presidency. Most people already decided who to vote for and in 2020, many already mailed in their Continue Reading

[Investing] Why Vaccines Won’t Save the Day For Now

Posted on October 22, 2020October 22, 2020 by admin

So many vaccine news including Gilead, Moderna, and more… Yet none of them work right now. Of course, firms are pouring money and the best people are working very hard. We should definitely appreciate all the dedication and effort. However, we need to remind ourselves that creating vaccines is not Continue Reading

[Investing] Stimulus and Markets

Posted on October 21, 2020October 22, 2020 by admin

So the Tuesday deadline passed but Pelosi will keep talking- Wow…really? This is the time that Pelosi messed up big time. No thought about those who are really in bad need- Didn’t she see the long line for food banks? I could see why she resisted for a long time Continue Reading

[Investing] No End in Sight for Movie Theaters

Posted on October 20, 2020October 20, 2020 by admin

Wow- now you can rent a whole theater at AMC starting at $99- Great for surprise dates and proposals- But with COVID19 even romance seems to be decreasing…. Is this the end of theater as we know it? Probably, for now, I can see some theaters creating pods/ covered booths Continue Reading

[Investing] Lending Club Review

Posted on October 19, 2020October 19, 2020 by admin

Lending Club (LC)- The revolutionary peer-to-peer lending platform that is still having growing pains- I was upset when I could not participate in LC’s IPO. Thank You God for stopping me from participating in LC’s IPO. As the stock graph shows it has been a steep downhill… I have been Continue Reading

[Investing] Why I am Not a Great Investor Yet: SHOP

Posted on October 18, 2020October 18, 2020 by admin

I found about Shopify (SHOP) some years ago through Motley Fool. I liked the investment thesis about exploding ecommerce and the fact that Shopify made things much easier to sell online. Never underestimate the value of streamlining and making things easier. That is why we use Excel not hand calculator. Continue Reading