Loading ...Bottomline appears for me that having 100% in pm’s was a stupid decision. Ipso told me as much a while back. I always thought diversifying was idiocy if you had a beat on where things were going. Selling all in 2011 would have done the trick and been the smart move.
So idiocy and pm’s going nowhere for years keep me up at night and I get to replay all the idiocy of my investing career over and over.
However, I think all of you are very wise and have it figured out pretty well.
Insurance to me is something we wait to die and collect on. If that’s what gold is, I want none of it. I would dump it all if I thought there were something with promise that was undervalued – unfortunately the only thing that is undervalued is pm’s – so I continue to hold and curse. 🙂