Last time I checked in, I was making a highly speculative move in FLMN. Guess what, I've lost my ass in my initial investment...guess what. I'm not in a position to invest right now...but I'm mustering some capital to double down on my investment. I still think FLMN has room to explode. Again, it is a highly speculative move and I'm not putting a lot of money into the holding but I think it's worth the risk at this point.
The Covid-19 pandemic has brought the global economy to a grinding halt. I sense opportunity.
I've been inactive in investing for the last eight years. Mostly due to personal reasons and not having the funds to invest. Without getting into details. the scope of my job changed and I looked for other ways to earn income. I've taken on two side gigs...both have potential to make decent income but for now I have two new income streams. Most of it will go to pay down debt incurred over the last eight years. Some of it will go to my new found will to invest.
One of my jobs will make the first payoff at the end of September. My goal by that time is to have at least to stocks researched and ready for purchase.
I've already done preliminary research by running a few stock screens, subscribed to a newsletter and downloaded some free resources. Based on these sources, I'm building my watch list to decide what is worth researching further and what I can immediately eliminate.
Over the next few weeks, I hope to post a few things:
- whittled down watch list
- research on watch list
- investing philosophy
- investing strategy
- exceptions to investing strategy
- brokers I use
- all topics relevant to decisions I make
