A Fidelity article that doesn't bash a precious metals fund!

Discussion of the Gold portion of the Permanent Portfolio

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Libertarian666
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A Fidelity article that doesn't bash a precious metals fund!

Post by Libertarian666 »

It's true that the main point of the article was that you should think before selling an investment, but I'm still amazed at the even-handed discussion of a precious metals fund.

https://news.fidelity.com/news/article. ... tual-funds
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Ad Orientem
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Re: A Fidelity article that doesn't bash a precious metals fund!

Post by Ad Orientem »

It's probably a reasonable article for people who are speculative investors. But it doesn't address the real problems at hand. No mention of the highly speculative nature of mining stocks or of the crippling 1.2% ER.
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Libertarian666
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Re: A Fidelity article that doesn't bash a precious metals fund!

Post by Libertarian666 »

Ad Orientem wrote: It's probably a reasonable article for people who are speculative investors. But it doesn't address the real problems at hand. No mention of the highly speculative nature of mining stocks or of the crippling 1.2% ER.
Sure, there are problems with the article, but I was amazed that they didn't just say "how stupid to have a precious metal-related fund".
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