Today I transferred 40 000 NOK (5 000 USD) to my broker platform to invest in a new asset for September as a part of the 33% Club. My current investments have done fine, but I saw a drawdown for “Funcom” which is now in minus 1 329 NOK. My Norsk Hydro investment has given a 12,30% return which is quite staggering. I read Funcom’s latest financial report, that you can find here, which was a good read:

1H17 is the most profitable half-year period ever in Funcom’s history.

However, they have exercised options and there are some concerns regarding their ongoing profitability if the sales decline of e.g. Conan Exiles. This stock is a small cap stock and is volatile. I’m therefore unsure if I want to keep investing in Funcom or if I actually want to sell with a loss and find another asset to invest in. Your comments might sway me in the right direction.

I have not found a new asset I want to invest in just yet, but I’ll write a new post once I do and when I have invested the new 40 000 NOK that I transferred today. I can reveal that I’m looking into other gaming companies and Lithium based companies.

Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

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Jonas Borchgrevink

4.2 stars on average, based on 56 rated postsFounder of Hacked.com and CryptoCoinsNews

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After a hectic month where we FINALLY moved into our new home, I’ve decided to invested in a new asset as a part of the 33% Club. I chose to invest in Norsk Hydro, a Norwegian company that produces aluminum (on of the largest in the world). I was thinking of investing in Statoil, a Norwegian oil company, but I decided not to as the Oil price is still unstable. The stock price of Norsk Hydro has been doing well lately, see the graph below, due to the increase in aluminium price.

Stock Price of Norsk Hydro

My result so far

Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

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Jonas Borchgrevink

4.2 stars on average, based on 56 rated postsFounder of Hacked.com and CryptoCoinsNews

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It’s that time of the month where I’m transferring approximately 33% of my income from the last month to be invested in an asset I feel is both secure and has potential to gain value. You can see my previously investments in the table below. Since I started I’m almost up $1000 on the 4 investments I’ve made.

This is a part of the 33% Club on Workplace where we have more than 43 members who have invested 300 000 USD in assets they feel have the most potential (look for the group 33% Club). We have all taken a pledge to invest a certain amount of our income each month in an asset each member choose for himself.

I’m going to invest in a stock I believe in, which have taken quite a beating recently due to the decline in oil demand. It is a Norwegian company that is also involved in renewable energy, and I believe they will shift more focus towards that area (as the Oil-age is coming to an end).

I’ll share my new investment in a few days.

My Investments so far

Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

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Jonas Borchgrevink

4.2 stars on average, based on 56 rated postsFounder of Hacked.com and CryptoCoinsNews

Follow @HackedCom

Feedback or Requests?