In this period, I spent at most 24% of my total income, and saved the rest. The most I've saved so far a month is 86% of my income. Most of the money I spend is on rent, usually about 50%. In April rent represented 70% of my expenses.
So far business is doing okay, surprisingly. I don't expect this to continue for very long. From a realistic point of view of course. But that's alright, nothing will stop me from developing software. I don't think I can ever stop even when retired.
Gold is currently $960 and everyone is expecting it to go higher, lately the rise has been based on small volume. Based on the number of shorts that the bullion banks are currently taking I expect Gold to probably fall to as low as $890 or lower. The current 200 day moving average is about $850, 50 day moving average at $890, which will be a great entry point. The stock market is having a bear market bounce and poised to fall lower. Based on what Richard Russell has said, there's been little buying and selling pressure has not fallen much. I don't expect the rally to go on for much longer, maybe a month or less. I've sold all of my stock in Singapore which I bought in February, made a tidy profit. Time to get out of all stocks and let the bigger fools buy.
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