The clipping of coins for their value led to the debasement of monetary systems. While we don’t “clip” our coins today as there is almost no metal value in them or in the banknotes we carry, nations have been debasing their currencies at a torrential pace.
Whether you crushed it or got crushed in 2021, it’s time to sharpen your pencils, refocus, and prepare to capitalize on new opportunities.
Never put more than 10% of your speculative portfolio into any one stock. In the past, I know I haven’t entirely followed that rule myself, but you can only get real success in speculations with risk mitigation and by letting your winners ride (think Northern Dynasty and Alterra as recent examples).
To the 1 in 1,000,000 investors, like the alligators reading this… It will be the start of some of the most critical talks in the global markets