RLSchmidt

HAVE SELL LIMIT ORDERS IN PLACE

June 4, 2020. In fact, nearly 70% of unemployed persons are now earning more than they did while employed. (why the hell should I work when the Feds are sending me tons of money….when we were kids, people were actually ashamed to admit they were taking ‘assistance’ from the government….yeah we are going SOCIALIST) __________ […]

ADDING TO BOND

June 1, 2020. Gold is positive long term. We continue holding GDX and GGN in the Core Portfolio. Silver is very positive if you want to look at that also. BOND is going ex-dividend and we want to buy more: placing a BUY LIMIT order at $109.84. This is a ‘safe’ low yielder and only […]

SELL MPW 4.6% GAIN

SOLD NUGT

Wednesday. Gold is being manipulated. NUGT has been a disaster for us, and we sold it. We really deserve a kick in the ass for this mess. NUGT is a leveraged fund that should be day traded. We held on for several days. Second, we did not have a sell order in place. How stupid. […]

BUYING LOW YIELDER

“Boy it’s sure great that the Country had the RESERVES to pay for all this” (a moronic comment from a neighbor) ……in fact, the corrupt Government is ADDING Trillions and Trillions of DEBT to pay for the virus pandemic. The above statement is so shocking………. to think that people do NOT understand that we are […]

BUYING.

May 22, 2020. Blackrock Core Bond BHK (leveraged, risky) LINK TO ARTICLE We are buying a small position, just to get it on the radar. IF we get expected stock market declines in July/August, we will be adding at lower prices. BUY BHK at 5.2% yield. BHK is a leveraged fixed income fund administered by […]

ADD TO GDX AND NUGT RIGHT NOW-TUESDAY

I know… many of my clients are scratching their heads and asking themselves, “How in the world can this market be moving higher in light of all the risk of reopening the economy right now?”Just remember… What is important is not WHY the market is trending higher… What is always paramount is the fact that […]