FMG 1.26% $18.75 fortescue ltd

Iron Ore Price, page-1517

  1. 42,451 Posts.
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    More like common sense rather than a method unless through conviction.

    Besides "time in the market" and "dollar cost averaging" chiefly a battle cry for the Fin Planners because of commission retainers, how many here and in the gold sector have found it a fruit venture or method since the rout started last year? Which batch of commodity bulls starting in the order post GFC; Gold, Coal, Uranium, IO, Crude came out beside drawdowns. From the BHP to the minnow, only a few are point flat to up. Everyone else is struggling to cut cost to preserve margin. They are controlling only the things they can control but the mighty Price that they get for their product.

    Like you I have no choice but being an opportunist for portfolio survival. I rather just buy and forget too.
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