It’s time for an investment update again. For the last few months I’ve been working on an exiting new long-term investment opportunity, which I’ll tell you about in the next few weeks. I want to be 100% sure it’s as good as it looks before I put it out there for readers to review. To […]
Growth Portfolio Update
In the June update; Crypto-crashes, Peer to Peer lending delivers, and the closed out Recovery Portfolio nets a nice 27.09% total profit! May 2021 was an interesting month overall. The Cryptocurrency market had it’s biggest crash ever, just as I decided to get in (always seems to happen when entering new investments for some reason).
The Growth Portfolio took a dip in October, mostly due to some uncertainly about the US midterm elections, which will be held in November (6th). That, added to the trade war situation with China really shook things up a bit. It may calm down towards the end of November once we get the elections out of the way. Who knows if it will rally, or fall depending on if democrats or republicans win the house and/or the senate. Personally I think it will rally back up into the new year. Optimism is high right now, but not quite high enough for a major crash yet (yes, you read correctly, “optimism”, markets typically seem to do the opposite of what people think they will do). If you look to the past, when people are most optimistic is when the biggest crashes happened, when no one was expecting it.