Tuesday, January 25, 2022

My First Day Back In The Stock Market...

 ...was today, after over a year of not investing. My account took a small plunge to the tune of $2999.90 today, that being the purchase price of the stocks I bought. As for the day, it turned out I lost $8.13 cents after making my investments. Oh well, there is always tomorrow to make my killing!
I also own a small amount of silver & gold. I think I will be buying more gold after this coming weekend depending if I can sell somethings that I plan to try to offload. I would be happy if I can sell the few items I plan to put up for sale even if I only break even on them. Then, I'll use the money on a bit of bullion. 
I figure I need to be ready if:
 1. We go to war with Russia
 2. We go to war with China
 3. We screw ourselves so badly we wind up like Venezuela recently (and probably currently) or like Germany right before WWII.

Maybe I am an optimist, I figure it will be #3 but who knows. All I know right now is that the near future looks as if it could get dismal quickly no matter how much I hope otherwise. So am just trying to be prepared for the worst; yet, I hope to be happily surprised and wake up to find we are over The Lost Horizon and in Shangri-la. I'm just not betting on it!

All the best,
Glenn B

1 comment:

riverrider said...

probably shoulda put that 3k into bullion too. if this thing kicks off with putin, the dollar may go poof too. but germany balked and france wants to negotiate more/surrender so its pretty much over. putin will infiltrate the contested area up to the dneiper river and declare a truce. biden doesn't have the guts to go it alone. the dims desperately need this war though so who knows....