Given the circus portrayal of the Trump administration, how is it anything gets done?
Obviously, smoke and mirrors... President Trump tweets and golfs too much to actually be doing anything meaningful, right?
The media has given him a pass on little things but are being absurd on larger things. He probably gave Senator John McCain cancer. He created Florence. People are dying, regardless of tragedy or old age.
News cycle has become tabloid-like. It'll be interesting how history enshrines this golden age.
Just imagine how everything will be once the vicious news cycle ends and gets back to dull everyday reporting of events without mind reading or demonizing groups by lumping them with other groups that share a single overlapping interest.
Tuesday, September 18, 2018
Thursday, September 13, 2018
an update on my Fidelity IRA hobby.
Last month, I said that I expected the my Fidelity mutual fund for gold to dip to $15.37 and that it was undervalued whenever it was beneath $18.50.
It hit $15.39 and I was tempted to buy the allotted amount of shares I had sold back in in 2016 when it was well above $27, but I told myself $15.37 was the magic number to go all in. I sold 5 SPHIX to buy FSAGX, and the price dropped to $15.36. I hedged that it may jump, so sold 85 SPHIX to buy FSAGX. I was correct. I figured it would slide again, so I sold another 25 SPHIX to buy FSAGX. It dropped a few cents, so I figure another 25 SPHIX is safe to sell for more FSAGX. The stock market is strong and the dollar is not terribly weak.
I doubt a BLUE WAVE is coming, but if one comes then I expect FSAGX to surge out of speculation of impeaching POTUS which would dent the markets more than the shrugs of Mueller and Manafort drama.
A lot can happen. I expect the Dow Jones to be on the rise a bit.
It hit $15.39 and I was tempted to buy the allotted amount of shares I had sold back in in 2016 when it was well above $27, but I told myself $15.37 was the magic number to go all in. I sold 5 SPHIX to buy FSAGX, and the price dropped to $15.36. I hedged that it may jump, so sold 85 SPHIX to buy FSAGX. I was correct. I figured it would slide again, so I sold another 25 SPHIX to buy FSAGX. It dropped a few cents, so I figure another 25 SPHIX is safe to sell for more FSAGX. The stock market is strong and the dollar is not terribly weak.
I doubt a BLUE WAVE is coming, but if one comes then I expect FSAGX to surge out of speculation of impeaching POTUS which would dent the markets more than the shrugs of Mueller and Manafort drama.
A lot can happen. I expect the Dow Jones to be on the rise a bit.
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