Five Pro Tips for Successful 2024 Resource Investing with Pro Mining Investor Brian Leni
Brian Leni of JuniorStockReview.com shares five pro tips for successful 2024 resource investing in this monologue. He also reveals three mistakes he made and two successes he achieved in 2023.
Brian Leni is the founder of JuniorStockReview.com which exists to offer information, ideas, and strategies for managing speculation in the junior resource sector. Brian first discovered mining stocks about 18 years ago and was immediately intrigued. In 2014/2015, Brian anticipated that the resource sector was closing in on a bottom, and he wanted to access more capital for the expected up-cycle. So he sold his home and then invested 2/3 of the home sale proceeds into resource stocks. By August 2016, he saw his invested funds triple in value. Due to his large gains, Brian quit his professional job as an engineer and now devotes his time to researching and investing in mining stocks.
0:00 Introduction
0:40 2023 Mistake #1: Sell more in bull market frenzies
3:05 2023 Mistake #2: Better align the market cycle with company’s Lassonde curve
4:55 2023 Mistake #3: Differentiate between the inevitable and imminent
7:25 2023 Success #1: Good picks & successful profit-taking
9:03 2023 Success #2: Patience sitting on the sideline
10:46 2024 Success Tip #1: Use level two data
12:24 2024 Success Tip #2: Open an Interactive Brokers account
14:00 2024 Success Tip #3: Write out your investment theses & price targets
16:05 2024 Success Tip #4: Read these two book recommendations
17:23 2024 Success Tip #5: Create a list of ten rules you’ll abide by in 2024
Brian’s Twitter: https://twitter.com/Junior_Stock