August 2018

Although to a large degree I’m someone who always kind of has enjoyed working hard, I knew within a few years of working in Corporate America that it wasn’t the life for me long-term. When you’re working for someone else and constantly under the microscope, it’s oftentimes not smooth-sailing, and if you’re one of those people who prefers autonomy, there’s naturally going to be a lot of dissonance there with that type of employer/employee arrangement.

Sure, I endured the 9-5 culture for a few years — Working extra hard, never complaining (at least not at work publicly), and just [click to continue…]

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One full week later, after applying some elbow grease, at times intense focus, and a whole lotta coffee consumed, my first “ebook” has been completed!

Mining Stocks – Investing In A Bear Market

Well, originally I was calling this thing a report but since it now stands at over 18,000 words long, I dunno, is that too long to still call it a report? I know it’s NOT an article…

Oh whatever, I’m just going to call it an ebook for the time being.

Anyway, as I alluded to in recent posts, with the precious metals sector still somewhat stuck in a state of precipitous decline, I thought now was as good a time as any to put together a compilation of: thoughts, experiences, stories, and ideas that I had floating in my head, formulated from having speculated in mining stocks for a few years now.

No, I don’t think we are quite yet at the Depths of Despair, but I mean sentiment is definitely negative at the moment and there are a lot of scared people out there who are down a lot on their stock positions… and maybe even seeing a Sea of Red across the board in their mining portfolios. So, we’re definitely closer to a bottom than any kind of top, if you ask me.

With these type of things, it’s kind of tough because an ebook such as the one I just put together really is most worth reading and can help the most people precisely during the times when sentiment is horrible, share prices of these mining stocks have been slaughtered, and interest in the sector is almost nowhere to be found. Unfortunately for me though, because of all that not so good stuff I just described above, of course demand for such said ebook is going to be… ummm slim.

But as you probably know full well by now, when it’s all “doom and gloom” in the air and the masses aren’t interested in studying/researching into a very badly beaten up asset class (that has produced nothing but horrendous returns for speculators/investors of late), that’s usually the best time to be looking for opportunities.

But of course…

Human nature says, “We wanna buy Bitcoin (BTC) when it’s shooting to da moon, over $19,000/coin and soaring to new heights!

That, or, “It’s all about MJ, baby! And no, I ain’t talking bout Michael Jordan!

Buying low and selling high?

Who really is interested in doing that?

Actually, perhaps not surprisingly, the type of people who read this blog seem to have a very keen interest in doing exactly just that, playing the role of contrarian speculator.

Which, actually in essence explains why I’m still rambling on about mining stocks, roughly 3 years after starting from scratch as a newb.

I guess you could also say that the whole Bitcoin/altcoin implosion this year has also given me a huge wake up call and made me see things clearly now, more than ever before, the great dangers in chasing after the popular “flavor of the week” stories, which almost ALWAYS will end in tears for the latecomers (i.e. bagholders). Boy, have I got crypto horror stories for you!

But I digress…

Anyway, if anyone is interested in reading my latest work, right now the easiest way to get a copy is simply to make a donation to the site, which supports all the other stuff (writing) that I do on here on a regular basis, earning far less than minimum wage. I’ll send you an email version of the ebook, which will have all the content embedded within the body. Also, I’ll send you the password to read the content on this blog.

Hmm, on second thought, maybe I’m not quite ready to call this thing an ebook yet…

Please note — As of today, I just got done writing the content, so I actually haven’t had the chance to convert everything to the proper ebook format (pdf) just yet. But I guess I need to do this eventually if I’m really going to call this an ebook!

Sorry for all the confusion!

In any case, the pdf is not ready yet, but if anyone is indeed interested in obtaining a pdf file of this latest content in the near future, please let me know in the comment section below, or through email, and I’ll be sure to get you a pdf copy once it’s ready.

Then I can “officially” call it an ebook!

 

How much for access to the content?

It’s really up to you.

If you ask me (and hopefully anyone who’s already got a copy and read through the “ebook” can comment below with their own opinions as well), I’d say it’s worth $20. I mean, I know for certain that I spent over $20 in coffee alone this past week as fuel needed to write this “ebook” lol.

 

So, yes, I’ll just outright say it — I’m hoping for $20/copy.

 

For PayPal donations, you can use the button below.




 

I even (still) accept donations via cryptos (lol).

 

Bitcoin (BTC):

1CnFjKPq81VVav9tGFmnkNyoubfnkmWZ5N

Ethereum (ETH):

0x4C27191179BA745992Cf7DE7b8B759b5980217Fd

Litecoin (LTC):

LNyDAkakkadmRrAxurkFDiBRtYjFLFskfM

 

For anyone who’s followed my other content, lately I’ve talked about tackling on new goals and challenges in life, and one of those is to figure out a way to generate $3,000/month in income via online work.

This “ebook” could be the start of a lot more things to come in the future!

Right now, it’s more a “test pilot” than anything else because quite honestly, I still don’t have a good idea of what kind of demand there is for my writing (i.e. more in-depth work). Off the top of my head, I’m thinking about possibly in the future writing ebooks covering topics such as: real estate, early FI, and probably a few more related to mining stocks. To be more specific, maybe stuff like, “How I got to early FI by age 31“, or, “How I made $1 million in real estate/mining“, etc.

Oh for sure, I definitely need to write an ebook on, “How I lost $200,000 investing in Chicago rental properties“.

 

That last ebook idea, for certain needs to be written!

 

Everyone, I will be brutally honest and confess that I know absolutely jack shit about promoting/marketing my own work. I have always been nothing more than a content creator (to my own detriment). So, yes, I realize full well that I need to step up my game if I’m going to have any chance of meeting my goals of actually making money off my work/writing/blogging/etc.

 

But you know what?

 

Life’s a journey and nobody has everything all figured out… It’s a struggle, much of the time. And we all have different strengths/weaknesses. Some people have trouble writing, I have trouble selling.

Ultimately, it’s about learning and improving.

Anyone who is on the path to early FI knows full well what I’m talking about… So, this time around, no different than before, I’m just gonna try and embrace things: the good, bad, and ugly.

And document it.

So, feel free to bash on me if you want for not having a plan in place for how to promote/market my work. It’s all good… I’m a huge work in progress. Many mistakes will be made, I guarantee you that.

 

But hopefully, by being open and keeping things raw with you all, it will make for a much more interesting (better) story to follow along to. I sure hope that would be the case.

 

Because, really, in this day and age, who still really wants to read about a journey where someone never admits they are wrong, never tells you straight up they don’t know what they are doing, and doesn’t allow the public to see their screw ups/mistakes?

 

Life ain’t no happy fairytale… at least not all the time.

 

I don’t need to sell the idea that I’m perfect and have everything all figured out. That would be the biggest crock of shit ever. I really have no clue as to what I’m doing. I have a ton to learn and I’ll readily admit that. I’m definitely open to hearing your thoughts, ideas, suggestions, etc. Please feel free to share below in the comments section.

 

Anyway, thanks for listening to me ramble ramble. And thank you all even more for the wonderful support all these years!

 

Now let’s go and make things happen!

 

Fight On!

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Sorry everyone, honestly I did my best to try and finish up the Mining Stocks Report this weekend, but there is still work to be done! I’m at over 10,000 words now, and well, what can I say other than continuing to work on this thing into the early hours of the morning feels like writing a term paper that I didn’t get started on until the night before it was due…

In other words, I think I need a break…

I could probably stay up until 4 AM to finish this off, but I’m very certain the quality of the content would fall off a cliff exponentially the longer I keep at this…

Buy hey, it’s mining after all that we are talking about here, so aren’t you all used to delays by now?!?

All joking aside, I’m aiming to finish this project sometime later on Monday… Hopefully no later than Tuesday at the latest.

 

Thanks for all the support!

 

Cheers,

 

Jay

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Well, that escalated rather quickly! Gold is back over $1,200/oz this morning, trading at $1,206/oz at the time of writing. Silver is up over 2%, with the spot price now at $14.83/oz. In the big picture, this move is absolutely NOTHING to get excited about (feels like an overdue relief rally to me), but after so much devastation and pain in the precious metals complex of late, I’m sure a lot of folks will happily take it.

Meanwhile, I’m still hard at work putting together my latest Mining Stocks Report update. Granted, this “renewed optimism” (even if good only for the day) isn’t helping my cause in writing about “immense despair”!

LOL

Oh well, it is what it is…

Maybe this is the start of the next turn? I sure hope so, but when it comes to gold/silver, I’m not holding my breath… I’m used to being massively disappointed, so I’m gonna continue to proceed with caution.

 

Anyway, I should have the report (primarily focused on gold/silver mining stocks) finished sometime this weekend.

 

Here’s a brief overview of what’s contained:

  • Quick market recap/macro summary.
  • A look into investor psychology.
  • Bear market strategies, thoughts.
    • What to avoid.
    • What to look for.
  • Current favorite ideas (beta plays and an alpha idea).
  • My most recent trades/investments.
  • Etc.

 

Go gold!

Go silver!

 

Cheers,

Jay

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Real_Wealth - 1

I really do hate gold and silver… This pathetic asset class perpetually disappoints, over and over again. So yes, I totally get why long-term investors and anyone who follows more the Buy and Hold Forever model would find it appropriate to [click to continue…]

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We all need goals in life… Otherwise, what are we really doing with our time? From around 2012-2016, my main focus and pretty much sole reason for existence was to get to early FI… In February 2012, I launched this blog, and well, that was the start of so many things…

Back then, what used to fuel me was the [click to continue…]

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Join us for another round of Casual Conversations, as I talk shop with Fabi (The Next Big Rush) and Nick (MiningBookGuy) about  [click to continue…]

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It’s been a very tough year in the world of mining stocks. As someone who has followed the sector actively since summer of 2015, I guess you can say that I’m really not all that surprised, on the whole…

Cycles and waves.

It always comes back to that…

It’s just so crazy, because no one out there has a [click to continue…]

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Being Your Lame Self

by FI Fighter on August 22, 2018

in Self Improvement

One of the main components of early FI is that you have a lot more free time than you once did when you were working THE GRIND

I guess there are pros/cons to that… Without having to follow a [click to continue…]

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