Another so-so day for the markets- Not even Biden’s stimulus tsunami can save this market- With so much liquidity and retail investors jumping, price discovery is pretty much non-existent…. But we still need to trade and make money. I want to return to buy and hold but not yet… So Continue Reading
Investing
[Investing] Investing in the Biden Era
Biden is finally president- He has made his dream come true. For those who don’t know, he has tried to run president since the late 80s so that’s 30 years plus trying to be president. He is also the first president to have super armed presence and a locked down Continue Reading
[Investing] 2021/1/19
Ah back from a long weekend- Not much today- Market is happy because Biden will pump more money- Nobody cares about the exploding debt and the decline of the dollar- The US will pay a stiff price…we and our sons and daughters will pay in higher taxes and lower growth….but Continue Reading
[Investing] Twitter Fully Woke go Broke?
After banning Trump, Flynn, and others, Twitter stock dropped more than 10%. Didn’t Jack foresee this? Trump has 80 million followers and there is a lot of conservatives in the US. Trump is also popular abroad. He has fans in Hong Kong, Taiwan, and India (any country that is dealing Continue Reading
[Investing] 2021/1/13
Another interesting day, where markets want to go up up but can’t- Impeachment is out of control- the military is all over DC- Very uncertain times- but gold is not moving much- Today, I sold SLP, I bought it yesterday when it dropped 8%. I made good money with SLP Continue Reading
[Investing] 2021/1/12
What a crazy few days- I have been too busy taking care of my son 😀 It’s hard to trade when your son is screaming- priorities! Despite all the craziness with troops in DC, Trump moving around military bases, and Pelosi missing…stocks just want to go up…well, at least trying Continue Reading
[Investing] Gold Drop
Whoa- Gold dropped 4% today- That was a surprise- I was making breakfast and feeding my son and saw my portfolio red- No need to panic, I have been expecting a correction. Well, because it is gold. It never goes straight up. As soon as I fed my son, I Continue Reading
Investing: [2021/1/7]
Markets just want to go up up- With Biden confirmed- Market is happpieee- As it expects more monie- Long term, US will be in a world of hurt with so much cash printing- The music can’t go on forever…So I am still almost 40% cash. Today, gold miners and REITs Continue Reading
[Investing] My First Prosper Loan
Happy 2021! Lending Club stopped issuing notes so I had to switch to Prosper to maintain portfolio diversification and to help those that need financing. I just made my first loan to a nurse with a 20% interest rate- Hope he/she can refinance and I hope I get some return- Continue Reading
[Investing] Impending Correction?
Today, the markets are selling off- I expected some upside but guess not- Thankfully, I am 40% cash so- It’s fine. Yup, cash is king as always. Morgan Stanley warns a potential drawdown. I agree- Things are too high. Seriously. I am not sure what is even remotely cheap… Also, Continue Reading