Staring Today, I Will Not be Posting my Daily Gain or Loss vs. the S&P Index anymore. I did Something New Today after Writing my Previous Post. I Created a New Portfolio Under my Yahoo Finance Account to Track my Precious Metals. I also Added them to my Spreadsheet. In turn, This is Throwing Off my Return vs. the S&P, Obviously. Earlier I Beat the S&P, but now that Gold, Silver & Platinum Prices have Fell, Compared to 12 Hours Ago, my Total Daily Return is Lower than the S&P. As I Stated Above, Our Metals are NOT INVESTEMENTS. I was Curious as to what the Gain or Loss is on them, So I Created the New Sub-Portfolio Under my Yahoo Finance Account. I am a Creature of Habit, and Do Not Like this. LoL. I Liked Knowing Where I Stood on the Daily Basis for my Equities Portion of my Portfolio vs. the S&P Index. Let us See if I Can Adapt to this Change, or if I will Go Back to my Old Ways and Delete the Precious Metals from my Spreadsheet & Yahoo Finance Accounts. -IndependentCandy14
My Updated Portfolio Holdings to Include Precious Metals: Individual Equities: 40.09% ETF's and MF's: 50.45% Metals: 9.46% Through my Research and Readings Throughout the Years, I have Consistently Seen Precious Metals Recommended as 5-15% of your Net Worth. When I Talk to People My Age, and Sometimes Older than Me, Much Older than me, they have a Hard time Grasping the Benefits of Precious Metals. To Each Their Own. -IndependentCandy14
Howdy Spud! Hope All is Well. Pre-Covid through 2020 it was almost always Coins. American Silver and Gold Eagles, Gold Canadian Maples, Silver Britannia's and Silver Austrian Philharmonics Coins. For the Past Two Years, I have been Buying more Generic Bullion. Gold Bars and Silver Bars. No Rounds. I Like the Stuff Produced by Scottsdale Mint. High Quality. Yes, it has a little higher premium. I have Switched from Coins to Bullion due to the fact that Precious Metals Stacking as a hobby and “investment” has blown up since Covid and the Premium on Coins from Sovereign Nations is through the Roof Currently. I rather buy more OZ’s in Metals by Sticking with Bullion rather than Coins with the Current Premiums. -IndependentCandy14
A Little Article Popped up this Morning about the Current Demand for Gold. https://finance.yahoo.com/news/inflation-uncertainty-fuel-gold-rush-122908761.html The Austrian Mint, the Producers of the Philharmonic Coins, is Seeing an Unprecedented Demand for Gold. "At the moment, every gold coin that comes off the coining press has already been sold," said Starsich. "Right now we could sell three times as many as we are able to produce." Gerhard Starsich is the Austrian Mint's Chief Executive. The Mint is Owned by the National Bank of Austria. The Austrian Mint may Break its 2009 Record of 2M OZ's of Gold Sold. Through November of 2022 the Mint has Sold Over 1.8M OZ's of Gold. Some Personal Context, My Latest Order from the Scottsdale Mint in Arizona Took about 5.5 Weeks to be Delivered. This is the Longest I have had to Wait to get an Online Precious Metals Order. Of Course it is Much Easier for me to Walk into my LCS (Local Coin Shop), and Pick up Something, but You Never Know what they Have For Sale, and May not Get the Selections You Want. -IndependentCandy14
Some Good News Out this Morning on Two of my Holdings, but Nothing will Matter till the Fed Today at 2pm. DAL (Delta Airlines, INC.) Raised Q4 2022 Guidance, and Gave Outlook on Earnings for 2023 & 2024. https://finance.yahoo.com/news/delta-introduces-2023-guidance-5-114500249.html SOFI (SoFi Technologies, INC.). SOFI's Boss, CEO Anthony Noto Purchased $5M worth of Shares per his SEC Form 4 Filing. It is Encouraging when the CEO is Buying Shares. https://seekingalpha.com/news/3916833-sofi-technologies-stock-rises-as-ceo-buys-5m-in-common-stock Pre-Market Trading has been Looking for a Direction All Morning Today. Up or Down Today we won't know till this Afternoon. -IndependentCandy14
I Got Excited when I Just Read this Article. The Amount of "Financial Gurus" on Social Media Platforms is Absurd. Get Rid of them All! Title: SEC charges 8 social media influencers for $100M pump-and-dump stock scheme https://finance.yahoo.com/news/sec-...0-m-pump-and-dump-stock-scheme-160856779.html -IndependentCandy14
A Small Loss Today. Notable Mover that Kept me above the S&P Average today was SOFI Rocketing up 6.09% I Made My Retirement Plan Contribution Today for the Month of December. This Month's Contribution was made a Little Earlier than Normal, but I Decided to Buy when the Market turned South around 2:45pm. 64% of today's Contribution was Invested into ETF's and 34% into Individual Stocks (AAPL, SOFI). -IndependentCandy14
I Just Made a Small Contribution to my Taxable Brokerage Account and Went Shopping. I am Taking Advantage of the Holiday 2022 Sales. LoL. 56% of the New Monies was Invested in VTI (Vanguard Total Stock Market Index Fund), and 44% into Amazon.com, INC. -IndependentCandy14
The Markets are on Sale Again, so I did some Shopping. Retirement Account: I had made my Monthly Contribution for December 2022 Last Week. I Processed a Special Payroll Today, so that I could Contribute More to my Retirement Accounts for 2022. The Contribution Today was all Invested into ETF's. Taxable Brokerage Account: I added New Monies to my Taxable Account Today. Amazon hit a new 52 Week Low so I decided to add Funds to the Account. Here is how Today's Taxable Account Contribution was Divided Up: AMZN (Amazon.com, INC.) 43% PARA (Paramount Global) 21% NCLH (Norwegian Cruise Line Holdings, LTD.) 17% VTI (Vanguard Total Stock Market Index Fund) 19% I am Still Waiting for a Tesla Swing Trade Entry Point. -IndependentCandy14
At Least Something is Going up in the Right Direction. Gold hit a 6-Month High. https://www.marketwatch.com/story/g...cession-fears-mount-11671543699?siteid=yhoof2 Weaker Dollar, and Fewer New Construction Housing Starts are the Reasons Stated for Gold's Run Up. -IndependentCandy14
Yesterday was a Red Day, But the Oil & Gas Sector Held me Up. APA and XOM were in the Green Yesterday. -IndependentCandy14
I knew this would happen to that group when I saw them, it was obvious heck I even called out an individual stanthetradingman (yea that was his profile name) who wanted to manage my account for 20%.Mind you I don't understand how he was able to send me a twittermail when I wasn't even following this dude. His cronies tried to intimidate me on twitter they went as far to ask me to delete a post and I told them it wasn't coming down. What I found with the so called guru on twitter its all about discord and subscriptions selling and most of their picks are bullshit or past performances. Now I use twitter as a news feed.
I Completely Agree. They Lure you in by Claiming you will get X Return, and then Sell you Junk you do Not Need. And a 20% Management Fee? That is Absurd. What were the Returns they were Claiming, 50%? LoL. I Use Twitter for the Same Thing. News, Current Events, Meme's and Humor. No Way in Hell I am Taking Financial Advice from some Tweeter. -IndependentCandy14
Arnault has Increased his Lead over Musk by about $21B. His Lead on Elon Increased by ~$14.5B in the Past Week. -IndependentCandy14
I don't remember what return was offered, I do remember wasting his time by making him think I was committed then it switched to crypto so then I called him out on his bullshit. After that I don't know how he was able to switch his feed to Tim something followed by his cronies it was extremely funny. if my memory serves me right 3 months later he got sued and disappeared at that point these 8 individuals were showing up how the miss him that's when I knew they were going to get into trouble.
LOL I went and check on my twitter feed and around 13 feb 2021 I came across these scammers and around 26 feb I had conversation with the stanthetradinman which he then changed his name to someone else I not going to mention the name but I do have the full name.
It was Nice to be in the Green Yesterday and to Get a Nice Beat on the S&P Index. It was Nice to See a Green Close After a Choppy Session. Precious Metals had a Stellar Day too Yesterday. Two More Trading Days till the Official Santa Claus Rally Start Date. -IndependentCandy14
One more Green Day in the Books for 2022. I’ll Take It. Six More Days to Make up this Loss for the Year. -IndependentCandy14