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Episode 94: Volatility has returned sooner than I expected. My profits from this run were eroding and so yesterday I liquidated almost all of my long positions. I continue to be short Gold, Oil and also just yesterday initiated a short on S&P500 (when it dropped below its 50 day moving average).
In this episode I discuss the importance of having the discipline to sell and take profits (or a loss).
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Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.
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Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.