gold stocks - too diversified?, page-4

  1. 1,937 Posts.
    good question hobo, but the statement says it all ...
    " .. but watch that basket very carefully. And make sure you have the right basket."

    while there are cerainly 'wrong' baskets, this is from the 'wrong content' as there are returns in all sectors. you've certainly picked an exciting one ... but returns exist in many sectors, if not all of them.

    keeping all your stocks in one sector simply means you stand to capture all the potential (win or lose) of that sector ... importantly, it gives you the focus to really understand the sector, and the stocks within it

    A fundamental yet universal principle applies -
    - 10 cents return on 10 cents is 100%
    - 10 cents return on $1.00 is 10 percent

    Commodities have many low cost shares, BUT boom or bust is an enduring theme. what makes any of them any good is what they do and how well they do it. ... and time in the market is not important, it's timing.

    Sanity comes from doing the background on what you select, not only where it sits in any sector.

    Every sector has it's stars ... and it's rubbish.
 
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