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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Richard Saunders who wrote (31792)5/1/2004 2:33:03 PM
From: Condor  Respond to of 206323
 
Hi Richard,

Thanks for the contribution and those site links.

condor - first question may be "why?"
Buy & Hold with cyclicals might be a strategy you want to re-think..... usually the idea is to try and buy in the general trough part of the cycle and then hopefully be exiting near the peak. Harder said than done.


Why?
1)Mainly because I'm not too interested in babysitting the Education fund.
2)I'd rather go golfing.
3)The child will get educated regardless.
4)I'm grandpa and may die in the middle of the project.
5)A fund or other can/will play the peaks and troughs I imagine.

Thanks again

C