Wow- the last few days have been quite interesting- or stressful if you saw your stocks drop like a rock- My gold, uranium, and oil stocks got hammered- In three days, I had a 10% loss- But that’s fine- It’s all part of playing the commodity cycle- The only thing Continue Reading
#INVESTING
[2022/4/4] Investing Update
It has really been a while but wow- glad to be back. Teaching and taking care of family really takes time. But very thankful for my job and family- So how was the first quarter of 2022? Quite volatile with supply chain disruptions and the invasion of Ukraine. Fortunately, despite Continue Reading
[2021/12/7] Market Back in to Rally Mode?
Today was a relief- Some gains finally- Yay- Sold some positions because I jumped the gun too early- Will try to get back to 20% cash again- Also, finally bought Costco for my ultra long term portfolio. Only a small amount though. I will build the position slowly. Bought more Continue Reading
[2022/12/6] Gold Crash Over?
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] 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