Alright so slow and steady but everything's going well.
I'm now taking a serious shot at plo4. Could have gone straight to it by depositing more but I like the idea of building a roll from the smallest stake.
So far it's being going great, less 10-20bb stacks than at plo2 but the standard of play is pretty much the same. Graph so far
Obviously insignificant sample but it feels good for my confidence.
For the investments I talked about a few weeks ago, so far I've invested around 40% of my account balance.
My consumer positions as well as the ETF I bought are for the long term, no rush. I'm using a value approach, don't want to spend my days trading just yet.
I've got a decent sized position (for my budget
) in a gold mining company. The price went down along with gold for the past few weeks so I've been able to get my cost per share down by buying more into it.
Now the price of gold has picked up since the fed's decision to raise rates this week, I'm not too far from selling those shares for a decent profit. But there again, I don't mind waiting a few months for my price, it's an established company so I can live with the risk of holding them.
I'm looking forward to my tax return for more investment money. My goals for the next few weeks will be about playing more at plo4 and not focusing so much on the value of my investments, I've found it hard not to look at them multiple times per day. I'd like to get some more index funds too but prices are so high right now, I'm waiting for the right opportunity.