Monday, May 09, 2011

Holidays interlude

So I'm on holidays right now going through Italy, Germany, Czech Republic and Norway. Thought I would do an update while Lauren is asleep. Portfolio is back up more than 100K but with Silver getting smashed it's down 60K or so. Good thing I sold right at the top so I've locked in a huge gain. Too many bulls. Silver's now fallen an incredible 20%. I'll probably move in when I see signs of a technical bottom. I'm really happy I took profits otherwise I would've been down even more and the options I've sold have fallen 75% and 60% so I can re-enter much cheaply. Probably no one will ever read this blog other than me and that's perfectly fine. This year has been very kind to me so far and let's hope it continues that way. I'm now valued at half a million Singapore dollars at least. To my dad and uncle who told me to sell my soul to the bank and get a house, I say to them.. well now I do not need to sell my soul to the bank and I can afford to buy a house in full even at these ridiculous prices. When the collapse in housing comes I'll be able to afford several in cash.