Wednesday, March 13, 2019

Brexit vs gold (a conspiracy)

A couple weeks ago, I mused whether gold had peaked for the year. It dropped a bit, then bounced back a bit. Brexit chaos in today's news isn't exactly pushing it up from my afternoon gleaning. Three years ago the Brexit vote itself spiked the price of gold. Perhaps there was collusion on the side of pro-Brexit types with gold speculators to ramp up the price of gold? 
Given the markets aren't stable, and it's impossible to time the markets without insider's knowledge... hedging is the only safe move I can envision making until I hit my predetermined goals.

Tuesday, March 12, 2019

banks aren't my friend

I have photophobia. The word itself sounds like a psychological problem, but it essentially means I have an allergy. Yes, I'm allergic to light. I don't break out into hives or swell, but rather I start to lose the ability to see clearly coupled with a splitting headache. If you've never had a migraine, the sensation is much like motion sickness while staring into the sun or trying to watch tv with light glaring on the screen.
I've looked into the matter in addition to discussing it with my doctor. My doctor said he could refer me to a neurologist, but there's no cure for it. He said to avoid the migraine triggers.
I have found that having different light sources, particularly natural light and florescent combined, I will start to get tunnel vision. My doctor gave my a couple prescriptions to help once I get a migraine, while Ibuprofen helps prevent headaches, but I'd prefer not to have medicine in me. Wearing a baseball cap with its bill pulled down, helps diffuse light. Wrap around sunglasses also help.
My wife thinks I'm weird. I've had the problem progress a bit since we first got married.  I used to mostly have trouble eating in certain restaurants like Cracker Barrel and Steak n' Shake without positioning myself to not see the lights blending, but now, big box stores, malls, gyms seem to trigger my headaches.
I've taken to wearing a hat and sunglasses as much as possible to avoid the chances of random light causing a headache. Sadly, going to a bank, I am greeted by signs which say that I must remove my sunglasses and hat for the safety of customers.  Very annoying. I feel like I'm being discriminated against though I get that banks need to take precautions against robbers. I hope that other businesses don't follow suit.  

Sunday, March 10, 2019

2020 is a long ways away

It almost feels like the 2016 election still lingers, yet 2020 candidates keep throwing in their hats. The economy seems meh. Unemployment is low, but job growth has stalled. Not sure what exactly the "Blue Wave" is trying to accomplish, but they have a lot in common with the Tea Party from 2010.
People raised tons of cash under the guise of Tea Party mantras, so have the groups under the "Resist." mantra.
Mitt Romney wasn't much of a Tea Party type, yet won the nomination only to lose handily in the general election.
Would be nice if Trump proposed a balanced budget that could placate the less absurd GND elements.
Why not simply tax abortions or at least make them as expensive as delivering a live baby? Tax prostitution. Tax recreational drug use. Tax pornography.
By taxing non-essential surgeries and risky life choices, one would hope the choices would be less frequent.

Wednesday, March 6, 2019

RPOS twitter gold

People who criticize Mr. Trump for his avid use of Twitter seem indifferent to its use by his adversaries. I could be wrong, but Trump has willed himself forward as a result of his use of Twitter to challenge the 24-hour news cycle to not ignore him. He picks his battles and doesn't let his battles pick him. Certain people don't hold up well over stretches of time as their snarky rebuttals of legitimate criticism spirals out into alienating natural allies.

Tuesday, March 5, 2019

Gold vs. dollar

Has Mr. Trump made the economy better? Gold seems to be suffering against a strong dollar. Did I time my FSAGX sale well? I may have sold too little, but I view the investment as long term. I doubt I will completely divest as long as its trading under $44 given my initial buy was at roughly such. I expect to buy back the shares I sold if it dips below $17 again.

Monday, March 4, 2019

Investing is probably dumb

I told my son to learn as much as he can about stocks and dividends.
Having a 401(k) probably is the shadiest legal means to save for retirement. How many people actually know what they're doing? I don't exactly, but I look at what's offered and play with the ups and downs.
Risk management means trying to not lose more than what you put in beyond whatever is being matched by an employer.
It's impossible to time the market, so greed can be a good thing or a bad thing based on timing.
I have a hard time cutting my losses. I tend double down and wait for a bounce back to recoup some of  my losses. Patience is a virtue  that seems to be better served via a system than gut instinct. There's simply too much emotion involved. Emotion impairs decision making.

RPOS lives up to moniker

Telling people that they should be green while not attempting to live the lifestyle may be hypocritical, but to excuse the lifestyle as just "living in the world" begs the question why do you want to abolish ICE?
What a cop out. By saying the United States forces people to use AC and to fly, why should we turn a blind eye to people coming across the border who will increase their personal carbon footprint living an American lifestyle?
Hopefully, people who say they shouldn't have children because of climate change heed their own words.