We don’t pretend to practice what we preach.
Sometimes we’ll straight-up tell you that you should do what we do with our own money. Other times we’ll tell you we have no intention of doing something with our own money… but that won’t stop us recommending that you do it.
We think we’ve made that pretty clear in recent weeks. We told you we have no intention of following the advice in the recent premium options trading serve we launched. It’s not our thing; it doesn’t fit your editor’s risk profile.
And, as we mentioned, your editor just doesn’t have the right temperament for trading. So we sure as heck won’t do something just so we can tell you we’re doing it… or worse still, lie to you by claiming we’re following the advice while having no intention of actually doing so.
It’s similar with crypto. We’ve followed Bitcoin all the way up from US$100 in August 2013. That’s when we first told our subscribers they should seriously consider buying Bitcoin.
Since then, it’s up 112,900%. A tiny $100 investment back then to buy one Bitcoin, would be worth around $113,000 today.
Do you think we followed our own advice by buying Bitcoin back then? No.
Have we bought any Bitcoin or cryptocurrencies since then? Yes. A tiny amount – less than £3,000-worth. It’s hardly worth having. And to be honest, we have no recollection of how much we invested. So, we have no idea if we’re up, down, or sideways.
Now, it’s true that both those examples could turn out to be big mistakes. Certainly not buying Bitcoin was a huge blunder. But at the same time, do we think we would have had the gumption buy it and hold it through to today without selling it before now?
Probably not.
If we’re honest, we probably would have sold at $200 and counted it as a win!
The point is, as an investor there are always new ideas and new trends. Your job is to figure out which trends and ideas you believe in. When you figure that out, that’s when you should go for it.
Not just because it’s ‘hot’, but because you can see a path for growth. One of those ideas is AI (artificial intelligence). This is a subject with which your editor has had a love-hate relationship. It’s one of those ideas we picked up on fairly early on.
And yet, while we are personally sceptical about many of the claims made about AI, we can see a big opportunity for investors – even today. Of course, it’s not likely to play out perfectly, it will continue to be one of the most volatile sectors on the market.
That’s why we have no problem at all saying that AI remains one of the most intriguing opportunities on the market today – a sector most investors should have an exposure to in their portfolio. Everything you need to know is coming out this Wednesday, August 27th. So, keep an eye on your inbox
You won’t want to miss it.
Cheers,
Kris Sayce
Editor & Publisher, Investor’s Daily
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