Re: The prospects for miners (in a diversified income focused portfolio)
Posted: July 17th, 2021, 10:47 am
Commodities tend to go through long (multiple year) cycles that do not coincide with equites. For instance in the early 2000 commodities did well whilst equities struggled. This cycle is a bit early according to the chartists and maybe a blip. I sure it will not escaped your notice that BRWM 5Y returns are good but 10Y returns are poor. So perhaps not one for the buy and hold forever types. I assume you have read the available literature on the BRWM website and the annual reports etc. They are bullish - they always are but look at what evidence they cite and see if that chimes with your own experience/observations.
BRWM is 3% of my portfolio with a nice yield. I am happy with that level of risk and hope to sell when/if the performance turns south but I maybe fooling myself because the timing is not always easy.
Good luck.
BillG
BRWM is 3% of my portfolio with a nice yield. I am happy with that level of risk and hope to sell when/if the performance turns south but I maybe fooling myself because the timing is not always easy.
Good luck.
BillG