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Any sector undervalued?
Posted: Sun May 16, 2021 8:01 pm
by SomeDude
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?
Re: Any sector undervalued?
Posted: Sun May 16, 2021 8:47 pm
by whatchamacallit
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?
Re: Any sector undervalued?
Posted: Sun May 16, 2021 9:34 pm
by SomeDude
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?
That would be my conclusion.
Having said that, i think gold is solidly undervalued still so I'll probably add some ounces it still is. Maybe 30 or 40.
Re: Any sector undervalued?
Posted: Sun May 16, 2021 9:41 pm
by Mark Leavy
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.
Re: Any sector undervalued?
Posted: Sun May 16, 2021 9:56 pm
by SomeDude
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.
Mark I'm faking my death. I can't take her out for dinner, i need to lay low.
Re: Any sector undervalued?
Posted: Mon May 17, 2021 6:27 am
by murphy_p_t
Silver bullion, silver miners
Re: Any sector undervalued?
Posted: Mon May 17, 2021 7:19 am
by SomeDude
murphy_p_t wrote: ↑Mon May 17, 2021 6:27 am
Silver bullion, silver miners
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?
Re: Any sector undervalued?
Posted: Mon May 17, 2021 7:35 am
by murphy_p_t
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.
Re: Any sector undervalued?
Posted: Mon May 17, 2021 7:36 am
by murphy_p_t
Graddhy on Twitter puts up some interesting charts
Re: Any sector undervalued?
Posted: Mon May 17, 2021 9:08 am
by I Shrugged
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.
Re: Any sector undervalued?
Posted: Mon May 17, 2021 9:48 am
by murphy_p_t
They're all a little less undervalued than when I wrote that this morning
Re: Any sector undervalued?
Posted: Mon May 17, 2021 10:28 am
by SomeDude
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
Ummm they're going into beast mode.
I'll check back in two months when i have the cash
Re: Any sector undervalued?
Posted: Tue May 18, 2021 8:37 pm
by whatchamacallit
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