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A Fidelity article that doesn't bash a precious metals fund!
Posted: Fri Aug 23, 2013 3:23 pm
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
Re: A Fidelity article that doesn't bash a precious metals fund!
Posted: Fri Aug 23, 2013 3:35 pm
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.
Re: A Fidelity article that doesn't bash a precious metals fund!
Posted: Fri Aug 23, 2013 3:51 pm
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".