Bitcoin and gold have both recently reached record highs. If you were to pick between the two, which one would you prefer to own? Until recently, it was uncommon for Wall Street analysts and professional investors to seriously juxtapose the two assets. Bitcoin, often dubbed digital gold, has traditionally been regarded as a speculative investment…
The psychology behind forex entry timing
In the middle of global economic and market challenges, navigating the trajectory of the US dollar can often feel like enduring a marathon of contentious debates. One recurring topic that emerges like clockwork is the direction of the local currency against the dollar and the purported necessity for investors to recalibrate their portfolios based on…
The investor’s black belt
I periodically recycle old posts on my blog to ensure that new clients can benefit from valuable content they may have missed and this post is one such example. Obtaining my first black belt in Tae Kwon Do more than 30 years ago marked a significant milestone, demonstrating my dedication and perseverance in the martial…
Insights from my diary
6:00am: Another day began and I engaged in my customary early morning meditation program. 7:00am: The financial world persisted beyond yesterday’s horizon. Checked out a dozen of my favorite charts. The bullish market action so far this year has probably surprised the gloom and doomers always looking for another crash. 8:00am: Is the worst over for…
Be prepared for a pullback
Most risk assets have been having a good year, in anticipation of rate cuts and monetary inflation. Don’t laugh. A fund manager told me that his team are so far behind their benchmarks and under tremendous stress since late October last year that only a total meltdown would offer a relief. He has remained in…