Mongoose Mongoose has made many great points as of late - some of which I agree - and some I do not, respectfully. One point I hold in contention is the opinion that it was foolish to buy certain REITs using margin.
My investment thesis on my core levered position (H&R) is 10 years+ at a minimum to see what happens with their billion dollar buyback options. Over that period of time, my thesis to short CAD & USD to pair that short with a long position in world class, undervalued, hard assets, is only strengthened everyday the US government turns every fiat currency into toilet paper (USD eats global value as it debases because it is the global reserve currency - refer to milkshake effect).
"And we're off again: total US debt rises $61BN overnight, hits record $33.827 trillion on Friday.
$173BN away from $34Trillion, and we hit $33Trillion just 2 months ago."
This has been a very humbling year for me. I have spent hundreds of hours learning and analyzing company specific factors and macro economic factors over the past 3 years... As humbling as it has been - it has been even more educational. My conviction remains unbroken. I am proud of the positions I built.