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Down $20,000 / Technical Analysis
Clearly, we are seeing some volatility and drawdowns today and we may have to make some moves today. The obvious question is what happens next. The first thing I remind myself to do though is IGNORE THE NOISE! Good investors don’t make decisions based on what their portfolio did today. As of writing this at
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The Number 1 Strategy on Collective2
Whatever strategy is number 1 on Collective2 won’t stay that way. It never does. Let’s talk about why! The current number one strategy on Collective2 is about 16 months old. Not too long ago it popped into the number one spot. It currently has an annualized return of 133% and max drawdown of only 26.6%.
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Strategy Updates Jan 17th, 2024
Days like today can be stressful. After hitting a high of $631,754 in my personal IBKR accounts six days ago, they are down to $595,848 in a string of three losing days. That is an average daily loss of $12,000 or 1.9% a day about three times worse than the market! The desire to jump
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Gold Futures vs Options
I want to have some exposure to gold and silver even though I think their benefits are often oversold. I don’t hate gold or silver. The one asset I actually hate is non-interest earning cash (not to be confused with interest bearing cash). For example, I have several bank accounts that I want and need
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Yet Another Incorrect Gold Bug
Not that Wall Street Bets is known for its accuracy but come one. This recent post get’s things totally wrong. No gold has not done nearly as well as stocks since 1972. It literally took me 2 minutes to fact check it. All I did was go to portfoliovisualizer.com then used the asset allocation which
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Up $27,000 in one Day!
Screenshots, one day performance, one year performance – none of it matters! When I see posts like that I think of a casino advertisement showing jackpot winners. We know people win in a casino, but we also know that the odds of me walking into a casino and walking out with more money are not
How I Invest 