gold, page-38242

The strategy is real important, does not matter what sector it is. If you are the type that likes to bottom pick a sector/stock where it has been unloved for a long time it is important to know what you are getting into. At least be prepared that you can get stuck there forever or see an immediate bounce and multi baggers punt. I personally stopped looking at this strategy because the patience at times when the strategy doesn't work can be confidence sapping. This infects the mind set/trading psychology. Just imagine you bottom pick a stock you think has value that the market has fully discounted and the market was correct. You are stucked there for years then a spike in price. Would you then try to get out in one piece out of relief or whips out the greed factor and start believing your patience is paying off?

If you have invested your nest egg for 44 years of service to work then I can see why keeping some bullion makes sense. It is probably the right thing to do for being conservative you should not be forced to hide in gold bars because they sky is falling! I just feel that gold stock exposure with higher risk is more appropriate and I regulate that stock risk by using trend dip buy methods and filter out specks and small cap producers. This isn't because I don't have confidence in the small cap sector which recently outperforming the larger peers but because my risk profile have changes for the last 5 years.

Just know what you are getting into and it isn't about being right just capital gains. TA overrides FA for me personally filtering bear trending stocks but also appreciating reversal of bear trends can be highly profitable at times. Good luck.