Investment Strategy
Originally published: January 2019 (updated January 2022) Gold stocks, meaning companies that mine gold or finance gold production, are currently out of favor. It’s not a bad idea to add a little gold and/or gold stock exposure to your portfolio as a diversifier while it’s cheap, in my opinion. This article takes a look at the role of gold … [Read more...]
Originally published: June 2021 Most asset classes have some degree of controversy. Investors will debate endlessly regarding whether a stock is overvalued, whether bond yields make sense for the current environment, to what extent oil will be used two decades in the future, and so forth. But few asset classes are quite as controversial as … [Read more...]
Published: July 2020 In my view, there's still a good case for including gold and gold stocks in a portfolio, despite their recent period of outperformance. In other words, I still think we're in the first half of this gold bull move from 2015/2016 lows, rather than the tail end. Chart Source: St. Louis Fed I added gold and gold … [Read more...]
Diversification is one of the most important things to get right when managing a portfolio. When done properly, diversification can increase the rate of return you can expect from a given amount of total risk, or decrease the risk required to achieve a given rate of return. When some assets are rising in price, usually other ones are … [Read more...]