my best investment?

what abt my best investment? of course, best just in terms of money ... please dont think abt investment in education, in my wife (thx goodness, i've got her! nobody would work all day for sooooo many years without any salary, u know? lol), invetment in peace, future of planet earth or any 'feel good' stuff. pls think here just in terms of investment return, ok? what abt craaaazy +703% in 1 year? damned hell, why did i not bought that stock 2 months earlier (in 2008) as that would be a tax free profit in that 'old german tax law' case :-(

folks, it is the gold explorer levon resources (TSX.V: LVN, company website). i've bought 5,000 shares in late february 2009 because of all the good news in their newsletters i've subscribed for some time and because of the cheap price. well, i couldnt understand why did the share price not skyrocket on all the great prospects so i've decided 2 take a bet against mr. market, you know? i just thought, damn, it is not a valid reason 2 keep the price down just because nobody wants that stock or because the overall market collapsed (in march)! do u agree abt these points 2day, my dear mr. market, dont u? well, the stock price didnt do much in the next few months ... then doubled in june ... and came back in july again ... in order 2 wake up mr. market from his lethargy i wrote a blog post abt the riiiiising gold price acceleration in august 2009. well, mr. market got the message, gold climbed from $935 up to $1,200 and levon from my entry level @ EUR 0.079 up to EUR 0.663 (= the intraday all-time-high level yesterday = CAD 0.93)! gold exploration business is soooooo crazy, isn't it?

question #1: how does an increase of +703.78% look like? no clue? hmmmmm, it looks like that (all quotes in CAD, view full page here):

(5 years vs. 6 months vs. intraday)

question #2: how does it look like if an investment doesnt do well? hmmmmm, it looks the same, u just have 2 turn your head left or rotate the chart by 90 degrees in the clockwise direction. easy, isnt it? btw, im not going to post the corresponding charts of failed investments here. few of them are still in my portfolio (sterling mining, qimonda, RBS, hy lake, buffalo gold, ...), few others disappeared from the quotations list after their bankruptcy :-(

question #3: when is the right time 2 sell a stock like levon resources? thats easy! just look into my crystal ball and/or ask my dear 100-years-old indicator, the dow-gold-ratio :-)

my all-time-favorite BOOKS

a) amazon usa books (here you need dollars :-)

carousel

the legandary speculator jesse livermore


jim rogers


larry williams


robert kiyosaki


jack schwager


peter lynch


benjamin graham
watch out, it's soooo important but damned hard to digest :-(. well, we shouldn't forget that it was warren buffett's lecture on his road 2 become the richest man on earth)


van tharp (trader coach)


some more stuff


german books (if you want 2 pay with dollars. btw, for €uro accounts just scroll down :)



b) amazon germany books (here you need €uros :-)

of course, 1st you need some finance books ...


... and then some be happy / be balanced / esoteric books :-)

investment strategies :-)

folks, i've invested all available money yet, let's think about investment strategies :-). u think it's a wrong order of things running here? maybe, but IMHO it's still better to think about own investment strategy somehow late as not at all, isn't it?

ok, let's delight my dear readers with 3 investment approaches here:

• a) ulrike (from her response to my frustrated blog-post)
  

Hej Jaro!

When will you listen to me and go for the "turn-around-your-coffee-cup" investment strategy? It is simple as this:

1. Turn around your coffee cup.
2. Draw a circle.
3. Draw 8 equal cake pieces.
4. Calculate how much is your total investment budget and how much is each cake's worth.
5. Invest wisely and strategically in following 8 areas/markets:

- cash
- industrialised nations, value
- industrialised nations, growth
- industrialized nations, second-line stocks
- commodities (& oil, gas)
- real estate (global)
- megatrends
- ??? my secret!

Cheers,
Ulrike

folks, that sounds clever and easy to emulate, isn't it? what about ulrike's secret? well, let's subtitute that secret with the personal favorite sector (e.g. gold & silver, green energy, nanotechnology, some interesting countries/regions (sri lanka, vietnam, taiwan, angola, kongo, ...), information technology again, ...) and create an own 'personalized' ulrike-investment account :-)

• b) valentin (intelligent investments a la buffett, templeton, graham, kiyosaki, rogers, ... btw, u will find trends, commodities, emerging markets and funds partition there, which should be familiar 2u after you've understood ulrike's investing approach :-)

read the whole article (in german :-) here

• c) mogambo guru (gold, silver, oil !!! that's easy, isn't it?)

• d) me (well, i also had some ideas earlier, but forgot them completely as i've invested my funds excessively even if the gold/silver/commodity stocks increased too much recently :-). in general, because of the current hyperinflationary scenario through the unbelievable amounts of new (fiat) money pumped into the financial system nearly all over the world i try to invest in hard assets like commodities, commodity stocks, renewable energy, GOLD, SILVER, OIL, housing property, ...
  

my 2009+ strategy (i've prolly copied mogambo guru ;o)
JIFE++ strategy (4 money funds)
general assets allocation (4 all assets, explained esp. in FAQ #6 and FAQ #8)

got your own strategy yet? that investing stuff is so easy :o)