Question – Why Do I Use US Dollars for Most Investments? Growth Portfolio

Question – Why Do I Use US Dollars for Most Investments?

QUESTION 1 – “Why do you prefer to work with USD and not GBP or even EUR? Is it because of the Bonds, Stocks and Reits you choose?”

ANSWER – There are a few reasons:

1. The first is that I lived in the USA for many years so most of my assets are in US Dollars as that’s how I was paid. I haven’t seen any reason to change that as of yet

Wolfe Wave – TLT (Bond ETF) Weekly Target Hit Misc. Investing Stuff

Wolfe Wave – TLT (Bond ETF) Weekly Target Hit

Towards the end of the last post on Wolfe Waves back in December, we identified a weekly bullish Wolfe Wave in the TLT (Long Term US Treasury Bond ETF). The wave completed just last week, then interestingly enough, turned back down. If you would have gone by the WW rules and got out at the target line, that would have been around a 10 point profit

Wolfe Waves – Bearish Wave in S&P 500? Misc. Investing Stuff

Wolfe Waves – Bearish Wave in S&P 500?

I noticed a bearish Wolfe Wave that looked like it was about to reach point 5. I continued to watch, and sure enough it looks like it may hit the target line!

Wolfe Waves – Is a Wolfe Wave Developing in the Dow? Misc. Investing Stuff

Wolfe Waves – Is a Wolfe Wave Developing in the Dow?

  Wolfe Waves Many years ago when I was still finding my feet with investments and looking to “get rich quick”, I took an interesting trading course by a gentleman called Bill Wolfe on an investment strategy called “Wolfe Waves” (named after himself obviously).  It is similar to the Elliott Wave Theory, however much easier ..