Sharing my investment opinions/trade ideas as well as rationalizing them in words. All posts are personal opinions and do not constitute a recommendation to buy or sell any financial instrument, or to make any investments. Readers should do your own due diligence at all times.
The NASDAQ pumped for 11 days in a row.
All while the world is still in disarray. The Iran War is still ongoing and there is a brewing global energy crisis.
So it’s true that the stock markets can remain irrational longer than you can remain solvent.
Take care out there!
This is getting very worrying.
There is an energy crisis unfolding in front of everyone that feels MUCH worse than what the stock market is actually trading.
Maybe it’s just me.
The war does not look like it will end soon, and instead look more likely to escalate.
Oil is already around $110-$120.
Gold has dropped to $4,600.
The NASDAQ is now at 23,500.
All that correlations aren’t making sense.
Yet holding cash is scary because inflation is rearing its ugly head.
Prices are already going up all around us!
Please take care.
Here’s an interesting problem I am currently facing.
Say you invested a significant amount X into a stock that you believe in strongly. A very high conviction stock.
Said stock manages to 2X in six months, at which point you could sell off, realize the gains, place it into fixed deposits and earn $1,000/mth in interest at current interest rates, guaranteed.
OR
The stock turnaround has only just begun and the reasons it has already 2X are the same reasons of very high probability it could possibly propel the stock price to an even higher level of 3-5X in the next 1-2 years.
Which would you choose to do?
There appears no end in sight.
Trump definitely doesn’t know what he’s gotten himself into.
Iran is surviving better than most would’ve expected.
The people in the GCC especially Dubai and Doha, do not seem to be alarmed by the fact that this war is only just beginning and rescue flights can still go in and out of the GCC states. Who knows if this will escalate further and desalinations plants, more oil depots and airports will be completely decapacitated. Only then will true panic set in.
Hopefully this whole situation will deescalate instead but let’s see.
Trump is definitely going to find it very difficult to 下台 now.
It’s been a very weird year so far.
The general feeling is negative.
Life isn’t great, health is great, family stuff isn’t great, work stress is rising.
Haven’t travelled at all this year and have ZERO travel plans and it’s already March.
Yet wealth is increasing at the fastest pace ever.
It’s a very weird year that feels very off somehow.
Hopefully the not so good parts will improve.
The US and Israel have begun preemptive strikes on Iran.
This was somewhat expected considering the recent military buildup and warnings.
Gold and silver will certainly spike upwards.
So will oil obviously.
The stock markets will tank come Monday but there is a bit of dependency on whether there is any deescalation tomorrow.
Always notable that Trump always starts market tanking shit on Saturdays so I would not be surprised if they get back to the negotiating table before Monday’s open.
Let’s see what’s going to happen.
Ok so here’s my goal in the medium term since I am getting on with age after all.
I hope to retire by age 55.
I hope to have at least $2.5m in liquid investible assets at 55.
So there, I said it.
Now to work towards this goal.
This is a great investment tool to force yourself to save for the long term.
Simply open an account, opt into AutoInvest via My Portfolio page, and create your plan.
At present, you can choose from all the top ETFs.
I’ve created 6 AutoInvest plans to regularly contribute $1K into each plan each month.
Can you guess the constituents of each plan based on my plan names?
Is at USD65K right now.
Is it a buy for a long term hold?
Almost half the price from a year ago.
Wow.
On Friday EOS got hit by a short seller attack.
This report by Grizzly Research basically tanked the stock another almost 20% last Friday.
EOS proceeded to request for a halt in trading, stemming the free fall to close at AUD 6.
Mind you it hit a new high of $11.20 just a few weeks ago.
So in my mind clearly Grizzly Research has been actively shorting the stock and then releasing this opportunistic report hoping to tank the stock further.
I can only hope that EOS issues a confident and professional rebuttal. With CEO Andreas Schwer at the helm, I can only hope for the best.