Comments on: Up my energy holdings towards closing http://www.1stMillionAt33.com/2006/07/up-my-energy-holdings-towards-closing/ A site to share my tips, tools, and humble thoughts on the journey to wealth Sun, 02 Oct 2011 19:26:45 +0000 hourly 1 http://wordpress.org/?v=abc By: frugal http://www.1stMillionAt33.com/2006/07/up-my-energy-holdings-towards-closing/comment-page-1/#comment-589 frugal Wed, 19 Jul 2006 06:53:17 +0000 http://www.1stMillionAt33.com/2006/07/up-my-energy-holdings-towards-closing/#comment-589 Well, that's how it is. One of the important factors that you need to consider in investing is how much volatility you can stomach. Let's say PM can go down by 50% (which it does almost every year), you should calculate your allocated downside from that risk. If you only want to have 5% hit just from PM, you should only invest 10% of your portfolio in PM, since 10% times 50% downside will give you 5%. There is a mixture just for every individual's taste on the risk. Tailor it to your liking or rather disliking. Yeah, I definitely hate to lose money, and most likely I'm losing quite a lot more money than you do because of my concentration. But just hang in there. It's all about expectation. It can be several months, or several years, before the investments work out for you. Investment is about both conviction and diversification. When you're not sure, you diversify. When you're somewhat sure, you should make the proper tilt in your porfolio correspondingly. And don't forget that cash is also one kind of position. Best luck. Well, that’s how it is. One of the important factors that you need to consider in investing is how much volatility you can stomach. Let’s say PM can go down by 50% (which it does almost every year), you should calculate your allocated downside from that risk. If you only want to have 5% hit just from PM, you should only invest 10% of your portfolio in PM, since 10% times 50% downside will give you 5%.

There is a mixture just for every individual’s taste on the risk. Tailor it to your liking or rather disliking.

Yeah, I definitely hate to lose money, and most likely I’m losing quite a lot more money than you do because of my concentration. But just hang in there.

It’s all about expectation. It can be several months, or several years, before the investments work out for you. Investment is about both conviction and diversification. When you’re not sure, you diversify. When you’re somewhat sure, you should make the proper tilt in your porfolio correspondingly. And don’t forget that cash is also one kind of position.

Best luck.

]]> By: Novice http://www.1stMillionAt33.com/2006/07/up-my-energy-holdings-towards-closing/comment-page-1/#comment-588 Novice Wed, 19 Jul 2006 05:27:08 +0000 http://www.1stMillionAt33.com/2006/07/up-my-energy-holdings-towards-closing/#comment-588 I know PM is supposed to be volatile, but this is ridiculous... I know PM is supposed to be volatile, but this is ridiculous…

]]> By: frugal http://www.1stMillionAt33.com/2006/07/up-my-energy-holdings-towards-closing/comment-page-1/#comment-571 frugal Sun, 16 Jul 2006 09:22:52 +0000 http://www.1stMillionAt33.com/2006/07/up-my-energy-holdings-towards-closing/#comment-571 You probably should have both gold & silver. I don't know of any good ways to predict out-performance of silver. I only believe that in the long term silver should out-perform. And my long term are 5 years plus. You probably should have both gold & silver. I don’t know of any good ways to predict out-performance of silver. I only believe that in the long term silver should out-perform. And my long term are 5 years plus.

]]> By: Novice http://www.1stMillionAt33.com/2006/07/up-my-energy-holdings-towards-closing/comment-page-1/#comment-567 Novice Fri, 14 Jul 2006 06:13:30 +0000 http://www.1stMillionAt33.com/2006/07/up-my-energy-holdings-towards-closing/#comment-567 What I don't understand is why silver is not outperforming gold at a time like this. Anyhow, I agree that energy and PM is the place to be now. What I don’t understand is why silver is not outperforming gold at a time like this. Anyhow, I agree that energy and PM is the place to be now.

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