Chronicles of fat years [2024-2027 Edition]

Yoyo is continuing…

Market seems rather undecided on the rate cut decision, took half of the gains back from yesterday already.

It’s really not that bad, personally I’m down 3-4% from ATH in VWRL but up in other other holdings.

It‘s the same in my case. Why though is VWRL not up yet? CHF to strong compared to before?

It‘s due to CHF strength yes. It appreciated at lot in the last months.

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NVDA is holding up the market while the rest of it mostly dips.

Any buyers?

I’ll go first:

  • 10 x GPN (about -7%)
  • 20 x CVX (about -1%)
  • 20 x ADM (about -3%)
  • 20 x XOM (about -1.5%)

An additional $250 p.a. of income.

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What I bought in the last week:

GDX +5%
GDXJ +5%
NEM +5%
GOLD +3%
U.UN.TO +7%
AWE.L +30%
SBSW +4%
WPC Flat
FR Flat
AEM +2%
GPN Flat (*just found out I bought it today @ $97- I thought I cancelled the buy order, but apparently not.)

What I sold:

BOXX Flat
ASPI -7%

What I didn’t pull the trigger on:

LEU +40%

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I did the same, felt great about it until I realised that unless a) the “dip” is more of a crash (20% down or more) or b) i had liquidity above 100k then the actual effect is minuscule and totally not worth raiding the emergency reserves.

Say one puts in 1000/month, there is a 5% dip and they put 5000, what’s the upside of buying the dip when it breaks even again? 250 franks? Woo effing hoo.

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Yes I know :slight_smile: the thing is that I‘m not far in this journey (equities <100k w\o 3a), so saving 250 franks still feels like doing something and working towards the goal (of more financial independence).

I can image that it starts to loosen up the farther I get.

I’m about there too NW-wise, but it really doesn’t make much difference, especially if it means raiding the emergency fund, and also…

…feel the same and hold VWRL as my main holding :slight_smile:

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To continue on @PhilMongoose’s line but less risky, bought moderately some CCUSAS.SW and AUUSI.SW today :wink:

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This (again) feels fitting here:

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Sir, this is a Wendy’s feels fitting here (again)!

Plus where did those 5000 come from?

  • From the emergency fund? → Not a good idea
  • Were they just sitting there, ready to be invested? → Maybe they were there already when stock prices were 10% lower…
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I have quite a big emergency fund (covers expenses of 10-12 months). So that makes it a bit flexible… :grin: I can fill it up again in a short time. But yes, it’s market timing (it may dip even more?).

If you feel the need to trade, create 2 separate portfolios.

One long term buy and hold, with a set strategy. Stick to it 100%. Never deviate from the plan.

Second portfolio for trading. Do whatever you want. Judt make sure you track your performance accurately and honestly.

Compare the portfolios after 1, 3, 5, 10 years.
I bet over 90% of the people did better with the buy and hold. Then you will have peace of mind and VT and chill.

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Had to look up both of these.

As an UBS shareholder I approve.*


* Otherwise too complicated for me (CCUSAS) or not generating enough distributions (AUUSI). :wink:

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Ahaha, I had to laugh here. In fact I also have a bit of UBSG so I suppose that makes me a shareholder and your sentence applies :rofl:

Agree with you regarding CCUSAS, these commodities products are very complicated (probably on purpose) and I don’t understand much but I was a happy “customer” of this ETF 3-4 years ago where I bought around 80 and sold at the top reaching nearly 120. On this topic a found a few articles from the accumulator quite useful to get a bit of understanding of such products. Here are a list of his articles if that can help others:

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Loved this quote from the article above:

The recent commodities bear market – 2008 to 2020 – was like watching a faraway, failed state descend into chaos.

:rofl:

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I’ll risk jinxing the market gods:


(Source)

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The market is weird. I wanted to invest in the next days, but the market is up 7% MTD. :sweat_smile: