Some Money Added to Open Portfolio - Mike Swanson (08/02/12)
Last week I announced that I was going to start an "Open Portfolio" with you that would reflect my real trading account and show you what trades I do and how I manage my money.
Since then I haven't made any trades, but I have added a little bit of money to the account. So I just updates it this morning.
My plan is to be patient and do some investing in gold, emerging markets, and European markets over the next few months as the European crisis plays out. Yesterday the FOMC met and did nothing and today the ECB will meet. I think we'll see some profit taking in the aftermaths of these meetings, if not starting today than next week.
To go to all Open Portfolio updates click here.
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