Personal Finance Articles

DON’T DO THIS. JUST DON’T!

by | Personal Finance

GDXU 3X Leveraged ETN

Don’t join me. It would be too much to ask.

I am not reckless, nor greedy, nor emotional… I am rational, methodical and purposeful.

In the past 45 days, I have allocated a very proportionate sum, not a crazy amount that I can’t afford to lose, but a thoughtful and reasonable one, to the mining sector.

As I told you before, I’ve put some of it in the GDXU 3x leveraged ETN…

That position is now up 103% in no-time.

Don’t join me… it’s volatile, adventurous, requires mental strength and discipline and it demands much from the soul.

It is a personal challenge that I take upon myself, because I PERSONALLY see the writing on the wall, but even after 20 years of investing, even after successfully thriving through 2008, 2015, 2018, 2020 and anything you throw my way, I know that I can’t persuade or convince you to do anything.

In the stadium, there are five players on each basketball team, fighting for the championship ring, each of them devoting everything to it since early childhood, but, in the bleachers and stands, sit 25,000 commentators, who just like watching the action and the glory, so I know it’s easy to take the road to least resistance, to sit it out, to watch the gold sector light up on fire and tell your friends and family you called it, but DID YOU do anything about it?

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    Did you or did you not capitalize FULLY?

    Were you a cheerleader or a participant? On the field, or watching from afar?

    Methodical and precise, or emotional and erratic?

    A victim of volatility or a victor of boom-and-bust cycles?

    A person that leaves everything for Wall Street to take or the little guy that aims to be a hero and a provider for his family?

    There is no easy answer; there is only drama or RESULTS.

    Which do you choose? Which? Answer this all-important question!

    Do you go down in history, as a parrot that screamed about deficit spending and inflation, but at the same time, did not even bet a cent on the likely results of inflation OR do you think about how you can, creatively and knowing the RISKS, engage?

    Are there risks? YES! Are there risks for not doing anything and getting chewed-up by inflation and staying behind? YES, of course there are. 

    What will be your legacy?

    Best Regards,

    Lior Gantz
    President, WealthResearchGroup.com

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      Disclosure/Disclaimer:
      We are not brokers, investment or financial advisers, and you should not rely on the information herein as investment advice. We are a marketing company. If you are seeking personal investment advice, please contact a qualified and registered broker, investment adviser or financial adviser. You should not make any investment decisions based on our communications. Our stock profiles are intended to highlight certain companies for YOUR further investigation; they are NOT recommendations. The securities issued by the companies we profile should be considered high risk and, if you do invest, you may lose your entire investment. Please do your own research before investing, including reading the companies’ SEC filings, press releases, and risk disclosures. Information contained in this profile was provided by the company, extracted from SEC filings, company websites, and other publicly available sources. We believe the sources and information are accurate and reliable but we cannot guarantee it.

      Please read our full disclaimer at WealthResearchGroup.com/disclaimer

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