Any sector undervalued?
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Any sector undervalued?
I'm having a liquidity event in July and will have about $120k to invest.
Last Nov it was obvious that oil stocks were way undervalued. I dropped about $70k onto XLE at $29 and I'm up 90% when you count dividends. First time in my life i got the timing right.
Anything look undervalued to anyone right now?
Last Nov it was obvious that oil stocks were way undervalued. I dropped about $70k onto XLE at $29 and I'm up 90% when you count dividends. First time in my life i got the timing right.
Anything look undervalued to anyone right now?
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Re: Any sector undervalued?
George gammon answered this tonight at minute 9
https://youtu.be/tm6u7wc03qI
So if nothing is undervalued against the dollar, does that mean the dollar itself is undervalued?
https://youtu.be/tm6u7wc03qI
So if nothing is undervalued against the dollar, does that mean the dollar itself is undervalued?
Re: Any sector undervalued?
That would be my conclusion.whatchamacallit wrote: ↑Sun May 16, 2021 8:47 pm George gammon answered this tonight at minute 9
https://youtu.be/tm6u7wc03qI
So if nothing is undervalued against the dollar, does that mean the dollar itself is undervalued?
Having said that, i think gold is solidly undervalued still so I'll probably add some ounces it still is. Maybe 30 or 40.
- Mark Leavy
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Re: Any sector undervalued?
A liquidity event is always exciting. Congratulations!
At whatever size, I would just hold it in fiat or metal for at least 6 months. Emotions are crazy things and it is pretty exciting to see the fruits of your labor. Spend a bit on taking the wife out to dinner and then make the big decisions six months down the road.
Again, a sincere congratulations.
At whatever size, I would just hold it in fiat or metal for at least 6 months. Emotions are crazy things and it is pretty exciting to see the fruits of your labor. Spend a bit on taking the wife out to dinner and then make the big decisions six months down the road.
Again, a sincere congratulations.
Re: Any sector undervalued?
Mark I'm faking my death. I can't take her out for dinner, i need to lay low.Mark Leavy wrote: ↑Sun May 16, 2021 9:41 pm A liquidity event is always exciting. Congratulations!
At whatever size, I would just hold it in fiat or metal for at least 6 months. Emotions are crazy things and it is pretty exciting to see the fruits of your labor. Spend a bit on taking the wife out to dinner and then make the big decisions six months down the road.
Again, a sincere congratulations.
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Re: Any sector undervalued?
Silver bullion, silver miners
Re: Any sector undervalued?
Thanks Murphy. I've got about 2,000 oz, all kinds of variety. Can't seem to find anything under $31 now but that is probably still a bargain.
Do you buy individual miners or sil?
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Re: Any sector undervalued?
No sil
Paas is a significant holding
Wpm ... Conservative holding
HL
I've actually replaced a very significant part of my PP gold with various gold and silver miners in the last few months.
Paas is a significant holding
Wpm ... Conservative holding
HL
I've actually replaced a very significant part of my PP gold with various gold and silver miners in the last few months.
Last edited by murphy_p_t on Mon May 17, 2021 7:47 am, edited 1 time in total.
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Re: Any sector undervalued?
Graddhy on Twitter puts up some interesting charts
- I Shrugged
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Re: Any sector undervalued?
Supposedly gold and silver miners, as murphy said. I'm only hearing it second hand but the case was convincing. Low P/E's, paying dividends, and they are known to be volatile stocks.
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Re: Any sector undervalued?
They're all a little less undervalued than when I wrote that this morning
Re: Any sector undervalued?
Ummm they're going into beast mode.murphy_p_t wrote: ↑Mon May 17, 2021 9:48 am They're all a little less undervalued than when I wrote that this morning
I'll check back in two months when i have the cash
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Re: Any sector undervalued?
Just listening to this kitco interview now. At the start it sounds like cash is what is undervalued.
https://www.youtube.com/watch?v=SHmqGPxtKlM
https://www.youtube.com/watch?v=SHmqGPxtKlM