Staying Disciplined .. you know.. you know when your being lazy

Today I did not want to get up. For some reason I was extra tired. I had to force myself to wake up. Usually I have no problem but this morning I was off. I still got up but felt groggy.   There is this voice in my head that I play from one of my motivational talks that I listened to over and over again for months.   Every morning when I don't want to get up, I play that voice while I lie in bed. 

you know.. you know when your being lazy.. whether that is 6 o'clock or 7 o'clock.. you know.   

After that I get up right away.  

I did my routine and felt much better after a sip of coffee and the first 5 minutes on the treadmill.  I have not missed a day on the treadmill since I started on January 5, 2021.

I spent time early today watching the markets and put a limit sell order on some shares in one of my top performing stocks that I purchased one year ago. At 6:30 I usually watch the opening bell on BNN. The long term rates are still inching up. I can see the cost of raw goods (building inputs such as lumber) going up much faster than what is reported in the general news, so I suspect there is some spin doctoring going on by the US reserve and the Canadian and US governments to keep things looking better than they are.  When they say interest rates will stay low for a long time, they may only mean for another year or so.  I might be totally off here as it just may not be newsworthy with  the top headlines are usually about the effects of Covid and the berserk RE Market. So those items are headline worthy but the fact that lumber prices have hit a record high seems to only be interesting to people who use lumber as inputs.

Over time, and as the long term interest rate goes up.  I will be moving out of stocks that have had a terrific run up in the last year and moving into stocks of companies that produce commodities. The Elephant in the room is US debt. The only way I can see them getting it under control is to inflate away their debt.   If inflation goes beyond 2.5% I will be in the definite yes this is their plan category and will continue to move into commodities . I am a Canadian so.. Western Forest Products; Canadian Natural Resources, Teck-B, Newmont Mining and Real Estate will be my hedges against inflation. Physical Gold and Newmont Mining are my precious metals pick. If I was younger, I might consider Digital currency, but I do not know enough about it to comment. Originally I thought it was a gold substitute as it had the property of not being able to be inflated, but then It also seems to have the ability to be traded as currency which you can't really do with gold.  How it derives its value is currently beyond me.

On a side note, I finished reading Millionaire success habits yesterday and am moving on to Mastering the Art of Commercial Real Estate Investing by Marshall.