Path to Early Financial Independence
This is some rather significant news announced today — The Chinese renminbi (RMB) was approved by The International Monetary Fund (IMF) for inclusion into the Special Drawing Right (SDR) currency basket, set to occur on [click to continue…]
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It has been a long time since I last mentioned Dividend Growth Investing (DGI) on this blog. But if we retrace the steps to the beginning of the journey, readers will see that when I first started my own path to early FI, DGI was my preferred vehicle of choice.
Since that time, I’ve dabbled in [click to continue…]
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I’ve alluded to in previous posts and comments that I strongly believe that precious metals (and to a larger degree the corresponding mining stocks) are dirt cheap right now. When a sector is broken, there are usually some [click to continue…]
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When it comes to early financial independence and creating wealth for yourself, I truly believe that the best opportunities ONLY ever present themselves at the bottom of brutal bear markets.
Fortunes are made when we go against the grain, back up the truck, and acquire the very best assets at bargain basement discounts. Investors who have not been so fortunate before to buy at the bottom are quick to dismiss this investment philosophy as one that is based on [click to continue…]
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It looks like the pain continues for Energy Fuels (UUUU), which is down another 5% this morning, currently trading at $1.90/share.
Most recently, I purchased another batch of 1,500 shares at $2.05/share. How much more downside remains?
Who knows…
But I did hear [click to continue…]
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Ivanhoe Mines (IVPAF/IVN.TO) is one of my largest individual holdings, and the vehicle I’m using to speculate on the eventual rise in copper prices. Some exciting news occurred earlier this year when the company reached an agreement with Chinese mining powerhouse Zijin Mining to sell 49.5% of its Kamoa project for $412 million.
However, this past July, the Congolese government stepped in and put a temporary halt to the deal, wanting more time to negotiate perhaps an [click to continue…]
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As I mentioned in the last post, I’m easily finding lots of good bargains out in the marketplace right now. One stock in particular that I’ve been monitoring is Energy Fuels (UUUU). This uranium producer has been beaten up to a bloody pulp these past few weeks…
I can still recall when I first began researching this company back in late August. At the time, the market cap was about $200 million, and many analysts were claiming that [click to continue…]
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When it comes to investing these days, I’ve got to tell you, I’m not sure if I have ever seen anything quite like this before… Most investors who I speak to are completely petrified to be playing carefree in the ever-so-frothy markets right now. In fact, most of my closest friends, family, and colleagues are sitting mostly in cash right now… The ones who are daring enough to play, have all gone [click to continue…]
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I know a few readers, along with myself, were involved in the Gold Canyon Resources (GDCRF/GCU.V) arbitrage opportunity, utilizing this as a gateway to potentially get into First Mining Finance (FFMGF/FF.V) at a reduced cost basis.
Just as a quick update, it looks like [click to continue…]
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Recently, a good friend of mine decided to start investing in the junior mining sector space. It did not take long for them to realize just how cyclical this market really is! Since surging in October, gold mining stocks have been trading in a severe downtrend for about the last 10 trading sessions or so. My friend was not fortunate enough to be able to time the market [click to continue…]
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