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Thread: Investing in Precious Metals
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7 August 2019, 19:20 #11
Dave already mentioned it, precious metals are nothing compared to an index fund, which historically brings in 8-10% annual returns.
We are heavily leveraged into various Index funds, Fidelity, Vanguard retirement funds, ect.
My brokerage account, I've taken some higher risks. Some of my best hits in the last 3 years, which have returned more than 100% of my money:
Got into Amazon at $608/share
Lululemon at $70/share
Costco $130/share
One I've been watching is Digital Turbine (APPS) Got in a few thousand shares at just under $4, so even with the market dip the last 2 weeks, I'm still up over 35% ... I can see this one long term going to $40-50 a share.
I don't day trade, all my stocks, even in my brokerage account are long term holds. I'm no expert, so don't take anything I say as financial advice.