Paper Currency Volatility: Canadian Dollar
May 26, 2011 9:55 AM ET
mubirasymbu's Blog
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Seeking Alpha Analyst Since 2010
After graduating with a PhD in philosophy, I found myself torn between two things I loved doing the most--philosophy and investing/trading. I think I have finally managed to strike a balance between the two--teaching philosophy and trading the markets for part of the time each. As much as I like the markets, I can't bear sitting in front of the monitors looking at ticking candlestick charts all day long.
I started learning to invest back in 2000 at the height of the tech bubble. Like many at the time, I lost money, but learned quite a few valuable lessons. For self-directed investing, I like to tap into global trends through ETFs, options and other vehicles. Presently, I have holdings in gold and silver, in agriculture and energy. I also invest in the best managed domestic and global mutual funds with good long-term track records. .
I do some short-term to intermediate-term trading using technical analysis as well.
It went from 62 in 2002 to over 110 in 2007--a whopping gain of 77% in five years and then it went down to a low of around 76 in early 2009--a loss of 30% in just a year. (Charting and annotations from stockcharts.com)
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