Value for USD

My conclusion of the current US stock market and my view of US stock markets in 2018 as well as my asset allocation and a personal financial overview going into 2018 is now online in a video presentation on Youtube. See:  The Big Picture - US Stock Markets 2018

BREAKING NEWS The bitcoin SegWit2x hard fork is suspended. There will not be any hard fork. Therefore the following article is out of date and not relevant any longer. See:  https://www.coindesk.com/2x-called-off-bitcoin-hard-fork-suspended-lack-consensus/ My personal action: I bought back into bitcoin on this news because the risks of SegWit2x are eliminated. Here follows the original article: Bitcoin (BTC) performed 913,3% so far in the last year. At a current price level of 7541 USD per coin some investors stay away because they fear a bubble ready to burst and others rush in because they see the potential profit. (See:  https://www.onvista.de/news/bitcoin-wahnsinn-ich-habe-soetwas-bisher-noch-nicht-gesehen-78056839 ) (See:  http://www.finanzen.net/devisen/bitcoin-dollar-kurs ) I personally sold my BTC speculation at 6400 USD per coin not because I fear a bubble but I fear a technological upcoming event that could shake the Bitcoin community and cause t...

There is a lot of wisdom about value investing in the book „The Intelligent Investor“ by Benjamin Graham. The first chapter of this book explains the difference between a speculator and an investor. An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return. Investing consists of three elements: You must thoroughly analyze a company, and the soundness of its underlying businesses, before you buy its stock You must deliberately protect yourself against serious losses You must aspire to adequate, not extraordinary performance The current portfolio is inspired by the trading strategies of this book. Therefore I decided to apply a risk reduction strategy on the portfolio. This risk reduction strategy includes the following actions of the last weeks. Changed the goals for this portfolio from a monthly 6% performance to an annual 15-20% performance. Transition from leveraged investments to unleveraged investments for the S...