Would you invest in a stock or mutual fund that performed like PMs?
tneig
Posts: 1,505 ✭✭✭
At 61 I still have 'stuff' in the higher growth, riskier, wider swing items. However If I looked at the pm charts
as a stock or a mutual fund, I'd dismiss it and look for more steady growth. That's where I'm at because I don't check
the markets that regularly. I want to, but I don't, so that's the way I roll. I have friends that believe in zero risk
and are money market kinda folks. Some have made out over the long haul compared to some more risk'ier friends.
But with PMs, still a 10% part of me and growing, I feel like I need to be buckled in a 4 way racing car harness with side
straps holding my head from slamming into something.
as a stock or a mutual fund, I'd dismiss it and look for more steady growth. That's where I'm at because I don't check
the markets that regularly. I want to, but I don't, so that's the way I roll. I have friends that believe in zero risk
and are money market kinda folks. Some have made out over the long haul compared to some more risk'ier friends.
But with PMs, still a 10% part of me and growing, I feel like I need to be buckled in a 4 way racing car harness with side
straps holding my head from slamming into something.
COA
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<< <i>Would you invest in a stock or mutual fund that performed like PMs? >>
Probably not.
I'm not much for risk overall. The PM's I hold are my riskier assets.
That said it also depends on where you are in life.
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"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>. I have friends that believe in zero risk >>
That does not exist. At least in this life. Folks that have held cash for 7 years have taken a beating.
So would I invest in a stock or mutual fund that performed like PMs? Maybe, if it looked like this
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It's a misconception on their part.
I knew it would happen.
<< <i>I believe stocks and mutual funds is investing, and precious (like currency) is speculating. >>
It is all speculation. Especially with the central bankers acting as drunken brigands.