Tag Archives: Investing

Chronicling my investing journey, dividend portfolio, and other financial instruments. Including stories from my decade long adventure with crypto currencies starting in mid 2013. Bitcoin, Litecoin, Dogecoin, and more.

Two more done

Finished Afk Arena (3108SB) and Looney Tunes World of Mayhem(540) both on 2x.

Investing Update

I’ve been buying SPACs lately. I picked up 10 shares of Energy/Environment searching SPAC and set half to sell at $20 and the rest at $25-30.

I have had many successes as these are hot industries currently. Electric cars are another category that is profitable for a small initial investment.

I put in $100-150 to start and get back $125-150 in profits once all positions are cleared. I am missing some bigger wins by not holding longer but I avoid potential losses too.

There are 3 Spac’s that I am holding in SoFi that are long-term positions. WPF, BFT, and VGAC. BFT will become Paysafe which I expect will hit the hundreds later this year as it competes with Paypal. Vgac is Sir Richard Branson’s SPAC and I am a fan, also I am of British descent so I am biased. Lastly, Foley Trasimene has had a good track record so far and I am eager to see which company gets picked next.

I have 100 shares of BFT, 100 WPF, and 50 VGAC. I also scored big recently on Adamis Pharma which I bought 2000 shares of at $0.40 last year and sold half at $0.80 and the rest at $1.