Terrific stuff Alan. Really enjoying you and David. The Wenzel spirit is alive and well. Would you recommend folks rotating out of specific stocks within the ETF categories above even though we may have already built good/early ppositions? Basically, should we be closing out our specific silver, gold, uranium, nat gas, coal stocks now and buying the broader ETFs? I understand trying to time all of this is dangerous. Just curious. Thanks.
I wouldn't rush out of any position that is currently providing a positive return. I think one of the big resources that is underutilized in the small investor world is the use of a stop-loss or stop-limit. Get these setup so if the stuff hits the fan, your position is sold and you walk away with a profit.
Terrific stuff Alan. Really enjoying you and David. The Wenzel spirit is alive and well. Would you recommend folks rotating out of specific stocks within the ETF categories above even though we may have already built good/early ppositions? Basically, should we be closing out our specific silver, gold, uranium, nat gas, coal stocks now and buying the broader ETFs? I understand trying to time all of this is dangerous. Just curious. Thanks.
I wouldn't rush out of any position that is currently providing a positive return. I think one of the big resources that is underutilized in the small investor world is the use of a stop-loss or stop-limit. Get these setup so if the stuff hits the fan, your position is sold and you walk away with a profit.