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Saturday, February 20, 2016

Red Robin Black and Bleu Burger


A true knife-and-fork burger... once you ask for them.

The Black and Bleu burger at Red Robin sounded like a good idea at the time when it came to finding something new to eat, as I've almost always gotten burgers with swiss and portabello mushrooms at restaurants and never had blue cheese on a burger before.

It's not as salty as other burgers I've been normally eating at fast food restaurants, it's much worse.

At 4,496 mg worth of sodium as is, this beats the Saltiest Burger in 2015, as well as being way more sodium that I'm willing to handle in one day, let alone one meal. I had to split the sandwich into two parts as a result. Note that the sodium count does not include those from the endless fries.

Remind me to order this burger without the sea salt and pepper, as it effectively cuts the sodium down by more than half, and there's a supply of that on the table to season it to taste.

Wednesday, February 3, 2016

Inverse Crude Oil


Falling too fast.*

It seems like investing in inverse crude is always a bad time; it keeps going up, and a day after buying, it drops sharply. I might have enough to put in a few more shares at this point but no more.

My stance on crude oil going down to sub-26 still stands (at least for the next few months), particularly because of increased efficiency of getting that oil, and that no one, especially smaller companies, can keep that much crude oil forever due to storage costs (the price has even gone negative in some cases).

Then there's the possibility that even if all countries agree to reduce oil production, someone might break it to gain increased market share...

Unlike the above screenshot, I was unable to buy DWTI for whatever reason so I went for SCO (which instead has a -17% drop in this case). This is probably better since it drops less overall during a period of high volatility and they are cheaper allowing me to average down for less. I don't have the ability nor the funds to buy commodity futures / options contracts yet but I would use them if I could.

I've seen this volatility before when I had money in bitcoin a year ago so I'm used to it; unlike the former this is an ETF so I can't margin call on this one. The best bet would to be buying shares when the RSI for crude oil futures is high... and hodl.

UPDATE: On Feb 9th, crude price oil went down very quickly below 28, and I have since sold those shares for a profit noting a possible rebound.