It is time, yet again, for the monthly airing of my private financial laundry. My hope is that maintaining a journal of my savings will help provide additional motivation to save and allow me to spot trends. It will also serve as a record, so that I can look back and analyze. Continue reading “Back in the Saddle (Savings Diary)…July 2018”
Tag: WETF
WETF Update: Winter (Vanguard) is Coming!
Just a quick post to record my thoughts for future evaluation. I purchased WisdomTree (WETF) earlier this year for ~$9 per share. I am going to sell 2/3 of the position @ ~$12 and just let the 33% profit run (in a tax deferred account, or I would not bother). The basic evaluation when I bought was that I liked the business, insiders/founders are in control (reducing principal-agent conflicts), and it was trading with an enterprise value of around 2% of AUM. Continue reading “WETF Update: Winter (Vanguard) is Coming!”