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
As a motivated buyer, you’ve got to love down days like today. I used the big drop to add to my positions. I’ve been making a lot of purchases as of late, but I don’t anticipate this surge of activity to continue for much longer. Actually, as we head towards the end of the year, my main focus will again shift back towards building up my cash positions.
I gotta say, I’m thankful for my income and passive income streams (from all 8 rental properties), which are making all of this speculation possible. I realize that I’ve
Ever played the lottery and had high hopes of winning it big? I’ll confess, I have… More so when I was a little kid, but even most recently (September 2013), I’ll admit to having purchased a few lottery tickets. In fact, at my old company, we used to pool funds together and play semi-regularly. I can’t say I ever had much success with it, though, perhaps winning $20 was the highlight of my gambles…
But even today, the thought
I’ve made a few new transactions over these past few months, so I thought I would give readers an update on the overall status of my portfolio.
For starters, I’m still holding majority cash, as I continue to make a conscious effort to boost up the reserves as much as I possibly can on any given month. In my mind, I still believe that