Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?

To: TH who wrote (44622)	12/19/2007 6:52:44 AM
From: TheSlowLane	Respond to of 60914

TH - 80%...you must doing something right! A few things, actually. I was doing about half of that earlier this year but I think I am around 15% now. That doesn't incorporate the bullion though, if I add that in, it will boost my total return for the year substantially. One of the best things I did was cut back on base metal positions earlier this year. After having held some of those positions for several years, it was a little tough (for me) to push the button on that, but it preserved quite a bit of gain. Some of the biggest mistakes for the year include maintaining positions in the uranium sector, not allocating more aggressively in the food/ag sector and not taking partial profits on way overbought positions. I think the uranium sector will eventually come back in to favor, although I think Round Two will be more selective in that the rising tide may not lift all boats. Companies with defined resources and a viable plan to get into production may be the best bet. I did not listen to the interview, but apparently Brendan Kyne was on BNN the other day and said 2008 will not be the year for the U stocks, but things will get interesting after that. That is closer to when some of the up-and-comers will be in production or close to it. For that reason I would focus on companies that are in permitting now. As for food/ag, I think there is still time to get exposure to that sector, but I have not gotten any further than my one position in Viterra (Sask Wheat Pool). Still missing the bus on the junior ferts, for which I have no excuse other than lethargy. Cheers, tsl