An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
I've been playing about with a new investment strategy completely away from the financial markets.
Only problem is it has very little liquidity in this type of market I use. Because of that I can't really tell you what it is. If it had more liquidity I would happily share it with you.
I can turn £2,00O into between £21,000 - £25,000 over an 8 month period without taking on that much risk.
Done it quite easily over the last 2 years. Was never in danger of losing my £2K starting pot. You can never lose more than the 2K pot. So the 2K is your risk.
You place about 200 trades over the 8 month period using different sums of the £2K pot.
The key is you MUST have an 80% strike rate which isn't difficult to do in this market.
Bank the profit after 8 months and start again with the £2K due to the liquidity issue.
That suits me just fine. I'm more than delighted with that.
As the plan is to live in the UK for 9 months of the year. Live somewhere warm for the other 3 months of the year during the height of the winter. Get to choose somewhere different to go every winter that has sunshine.
See how it goes over the next few years....
If the time ever comes during the 8 month period That I lose my £2K then I will still be well up because of the profit I have banked over the last 2 years.
Free from the stress of trading currencies.
The pandemic has changed my life really. Would never have found this wee niche otherwise. Still be on the currency train to stroke station.
:)
I suppose the morale of the story is you Don't need to make "big" money to get the lifestyle you dreamed of and always wanted.
Been plenty of TV shows on it. They get a bunch of celebrities to try different places.
We are happy not travel very far. Plenty warm places in the winter just over 4 hours away can get a 3 month accommodation block booking self catering for £500 a month.
Or maybe New Zealand 6 months of the year. If we can get a visa for that long.
Europe is now 3 months at a time due to Brexit.
Been a few times and we really like it and nearly moved there about 25 years ago.
But would have to be business class. No way could we do economy that far nowadays. Why we like the shorter flight times as we get older and my wife is ten years older than me.
12 comments:
White House warns of "extraordinarily elevated" inflation data.
https://mobile.twitter.com/disclosetv/status/1513574076383645699?cxt=HHwWhsCywc3mpYEqAAAA
Which means that bank loans and government spending will automatically increase as prices rise.
But the $ remains strong lol.
Oh and MMT will get the blame.
Contextenomics ??
In this " extraordinary elevated" environment loan growth or government spending growth figures. They need to come with an * attached.
Talked about differently compared with normal times.
Garfalo Lira....
Gonzalo.
Oops. Thanks for the correction.
Heading into the post-war phase, where the objective is to maintain European hostility towards Russia.
I retired at 50 and mortgage free.
I've been playing about with a new investment strategy completely away from the financial markets.
Only problem is it has very little liquidity in this type of market I use. Because of that I can't really tell you what it is. If it had more liquidity I would happily share it with you.
I can turn £2,00O into between £21,000 - £25,000 over an 8 month period without taking on that much risk.
Done it quite easily over the last 2 years. Was never in danger of losing my £2K starting pot. You can never lose more than the 2K pot. So the 2K is your risk.
You place about 200 trades over the 8 month period using different sums of the £2K pot.
The key is you MUST have an 80% strike rate which isn't difficult to do in this market.
Bank the profit after 8 months and start again with the £2K due to the liquidity issue.
That suits me just fine. I'm more than delighted with that.
As the plan is to live in the UK for 9 months of the year. Live somewhere warm for the other 3 months of the year during the height of the winter. Get to choose somewhere different to go every winter that has sunshine.
See how it goes over the next few years....
If the time ever comes during the 8 month period That I lose my £2K then I will still be well up because of the profit I have banked over the last 2 years.
Free from the stress of trading currencies.
The pandemic has changed my life really. Would never have found this wee niche otherwise. Still be on the currency train to stroke station.
:)
I suppose the morale of the story is you Don't need to make "big" money to get the lifestyle you dreamed of and always wanted.
Your first world pension goes further in a3rd world country. Just be careful to remain within tourist/retirement areas.
Aye,
Been plenty of TV shows on it. They get a bunch of celebrities to try different places.
We are happy not travel very far. Plenty warm places in the winter just over 4 hours away can get a 3 month accommodation block booking self catering for £500 a month.
None of them are dangerous.
Plus by still living in the UK we have the NHS.
No need to pay for the extra cost of health care.
Just travel insurance.
Or maybe New Zealand 6 months of the year. If we can get a visa for that long.
Europe is now 3 months at a time due to Brexit.
Been a few times and we really like it and nearly moved there about 25 years ago.
But would have to be business class. No way could we do economy that far nowadays. Why we like the shorter flight times as we get older and my wife is ten years older than me.
I'm looking at the Caribbean. As the Canada Geese fly south, so to speak. My intention is to live there year round.
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