Gyroscopic Investing

Bitcoin. Gbtc sold off today. Nice run up

ought ung again , it got hammered today

MJ,

USO down 3% today - u makin a move?

already in ... waiting for the next event in the mideast .... i have ung natural gas which i am up on but not enough yet ... i don't mind sitting with commodities .. even gold i am still holding

Put together a little portfolio of unloved assets ...I tried to pick the assets being cast a side .

Oil which I have uso and added more today ..

I split the stock budget with half in eem emerging market and half in mchi China .....and TIPS since I think inflation expectations are under estimated and tips are frowned upon right now ......I will add up to 50% more if it falls enough and then let it ride .

I will hold the whole thing to no more than 100k

mathjak107 wrote: ↑Tue Jan 14, 2020 10:43 am i haven't traded silver since 1987 when i got burned . but i have thought about slv below 17 dollars a share . just never done it ...there is always something else like gbtc or uso that seems to distract me away . right now i am in uso and gld

I bought around 70 lbs of silver a couple years ago, not all at once, on a speculative basis. Everything I picked up was in the $14 oz range (under $15). And I still have it in a safe deposit box that I hate even looking at because its so damned heavy. If I ever do anything like that again, I'm definitely going to use SLV. That said, I'm ahead on that speculation... so yeah. I thought, and still believe, that silver is cheap relative to gold. But the silver/gold price ratio has remained quite high. Hmmm...

i held off on silver . i am trying to run with what is out of favor totally right now

Ad Orientem wrote: ↑Wed Jan 29, 2020 10:18 pm I bought around 70 lbs of silver a couple years ago, not all at once, on a speculative basis.

For weightlifters like Smithers and Kriegsspiel, I’m imagining kettlebells or other weights made of gold and silver. Like what thief is going to run off with those.

I'm thinking more like a Húsafell Stone of silver.

Perfect!

tips and china fund both sold at profits .. only eem is left

eem now sold too

mathjak107 wrote: ↑Mon Feb 03, 2020 8:53 am tips and china fund both sold at profits .. only eem is left

MJ,

Looks like MCHI took off right after you sold.

Were ya just looking for the quick grab?

Only quick grabs ..this stuff is way to volatile ......I am eying Tesla today after the lunge

MJ,

where u at?

here i am ....

only trades i have are i added more money to my regular portfolio and small positions in TLT and gld again .. i got stopped out of oil .. of course it rally's for the last 2 days . but that is how it goes .


i did get a pretty nice offer from citi bank which i took advantage of the other day .

we got 700 bucks for opening an account , plus my wife opened an account so she got a few hundred dollars too , plus i got another 100 dollars as a referral fee for referring my wife .. we got about 1100 bucks or so ....

my son did it too so he got another 100 dollar referral fee for him too .

just been busy drumming .... the work load is hours a day now i have ..... good thing i am retired lol
'

MJ,

Why u so quiet today?

Everything spinnin' outta control.

My total portfolio was down a mere .79% today .....

When the growth and income model falls about 10% below my income model I will shift some money back in ...overall I have been about 25% stocks since nov or so .....I had no intention of letting the over 362k in gains from last year slip away .....we were due for a correction

MJ,

You are way too quiet.

Whatcha thinkin' now?

i have not done anything much .... i am waiting for the spread to go wider between the fidelity insight income model i have been in for the last few mnths to get bigger so i can go back to my growth and income model .

another 4% or so and i can buy just what i had back a few months ago and pocket a few hundred thousand dollars difference

As much as I try to avoid timing myself, I have to concede, mathjak- you reduced your stock allocation at just the right time.

I know , I was lucky , but after 11 years and last years big run up it was time to take the carrot off the stick ... I just started buying into the insight growth model which is 100% equity ..I bought 50k the day we fell 2000 points and I have an order in for tonight for 50k ...

If markets fall another 5% I wall add 100k and another 100k if we fall another 5% after that .....my max in that model will be 500k if we fall 40% .....that will give me a nice growth and income mix coupled with the bulk in the insight income model ....

If we don’t fall as far , we’ll no problem , I can live forever on the model as is

mathjak107 wrote: ↑Wed Mar 11, 2020 2:17 pm I was lucky

That's the thing, right? Some people are lucky. A lot. Some are unlucky. A lot.

I have quite a few relatives and friends freaking out right now. While I get to watch the smooth action of the pp. This is what this portfolio was made for. Doesn't work every day, no sir, like today, gold hasn't helped, but over the course of the past year, I mean the blue curve looks like a 200 day moving average of stocks.

You don't have to follow up with the long term stocks are always better posting. The pp is letting me sleep. Better long term for my health.

I am very comfortable in the 25% equity model I have used for about a year with the gold and Tlt trading .... i no longer have Tlt and gold at this stage .

to risky and volatile at this stage , the pp makes me nervous at these levels ..

i believe The pp is going to unwind violently once things resolve ....the drops in gold and Tlt may be off the hook from what we are seeing now ...edit. holy cow Tlt down now 3.84 on top of yesterday’s bad plunge ,, just happened to look ....and nothing changed yet for the better for stocks .

it seems the spread between bid and ask on the longer term bonds became huge .. buyers don't want longer term bonds at these rates the last few days and are driving rates up despite a falling stock market .... days like this with stocks , bonds and gold all down are quite painful

Today gold and stocks are in the barrel .....


The volatility even in the pp is insane