The week starts as usual. I got up a bit later than usual and ran as usual. I have prepared lunch today and went to work. As always, I struggled to write paper and I had to organize the some experiments.
Now I am reading back the book, Rich dad and Poor dad by Robert Kiyosaki. The book always reminds me that I should buy assets not liabilities. Every time I read this book, I found something I haven’t tried to be rich. Knowing is not enough, we must do the investing. I always invest money after I used expenses somehow I feel this is natural to me. I also believe skin in the game, you should take your own risk otherwise you don’t learn. I finished reading it today and now I start reading “How life imitates chess by Garry Kasparov” I don’t play chess much but he is my hero. I don’t remember when I picked up the book but I have read this book for more than 10 years and maybe I have read it more than 100 times. This book already teaches me how to think. Strategic thinking is fun. His fighting spirits and aspires to win give me so much energy. So think right and execute commands, then win. Your life is your preparations.
On markets, the price of Gold is getting higher and higher last two months. Also, Gold is advanced after the bitcoin shock. I believe Gold is an important asset class every investor should care about. Especially, governments all around the world are printing money but the amount of Gold in the world is limited. So the price should naturally be going to be higher. I usually invest once a month when I get my salary now I am thinking about what to buy next. I am looking at VXX to hedge the risk of market volatility if VXX becomes cheaper in few weeks. Otherwise, I will buy more shares that have been advancing in my portfolio. The other news is the price of coal records two years high. On the other hand, the coal mining company I am looking at is not recovered yet. I hope they share will come back in the next few months. Keep looking at the market and try to make the right decision every time I make a purchase.
I have to prepare the experiment and I wanted to finish writing a manuscript this week. I should do it because I will be busy with the experiment next several weeks. I am struggling to finish the paper but anyways that always happens. I should focus to finish it not overthink it. Just try to solve problems one by one and have fun.