The Search for Real Wealth

by FI Fighter on August 16, 2018

in Real Wealth

Well, 2018 certainly has been an interesting year for me, to say the least… There’s been some good, bad, and even the UGLY that I’ve had to deal with.

But as they say, in life you [click to continue…]

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Very tough times in the commodities space right now, with most metals getting annihilated on a daily basis… Just check out [click to continue…]

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The lithium sector is still down in the dumps… Here are some thoughts I shared in a recent [click to continue…]

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For the most part, it’s been a pretty horrendous year speculating in mining stocks… Many commodities and their corresponding shares are just [click to continue…]

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Speculating in mining stocks can be beyond frustrating, most of the time…

You spend so many hours: doing homework, building up a [click to continue…]

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Building Long-Term Wealth

by FI Fighter on August 2, 2018

in Financial Independence, Thoughts

When I first started this blog, I was very much a student of the Buy and Hold Forever model for building long-term wealth. I mean, I was like a total [click to continue…]

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You know the deal, “buy low and sell high.

Easier said than done, I know…

So, I like to [click to continue…]

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The death spiral and pain just keeps on coming for Nemaska Lithium (NMX.TO/NMKEF) and Lithium Americas (LAC.TO/LAC)…

These aren’t dogshit prospectors who don’t have a [click to continue…]

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For this next issue, I am mostly going to focus entirely on talking about clean energy metals (lithium and cobalt).

Well, mostly lithium…

It’s pretty UGLY out there right now, and just like summer 2016 and summer 2017, it’s just that time of year when clean energy stocks decide to take a major dump…

As readers may recall from summer 2016.

Summer 2018 certainly hasn’t shaped up to be much better…

 

When it comes down to it, there’s nothing fancy at all with mining stocks and speculation…

 

Buy low and sell high.

 

Everyone knows it, but very few can do it b/c it’s extremely difficult/frustrating/scary to buy when something is going down precipitously… and keeps declining more and more with each passing day.

 

And everyone knows it’s impossible trying to time the market, attempting to pick out bottoms… If you’re wrong, it’s akin to “catching a falling knife.”

 

So…

 

In contrast, people like to chase momentum and FOMO their way into positions… When that happens, they initially feel great b/c the stock is moving in the right direction… UP!

 

But if you hold on for too long and sentiment reverses again, the ride back down can be brutal!

 

Anyway, I’ll be going over some thoughts soon enough.

 

Stay tuned!

 

Cheers,

 

Jay

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