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.