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Vanguard Precious Metals and Mining Inv Message Board

  • pupu0495 pupu0495 Jan 2, 2013 1:02 PM Flag

    this fund manager is

    this fund manager is no good. nothing wrong with fund that invest in precious metal or mining or commodities. you just have to be able to identify and long the bull trend and position your portfolio. so if gld, xlb, xle goes to bull trend mode, then you long these. especially, if say xlb gonna outperform gld (which is what is happening currently), then you position xlb more than gld portfolio. but this fund manager, i dont know, does he long how to position the portfolio?

    by the way, i disagree with most posters here that this fund must completely be precious metal. i think it is better to be able to invest in precious metal, commodities, and mining securities. but you need to know what you are doing...

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    • This message board is hardly read. I have been in this fund for a very long time and it continues to be a dog. The fund manager should quit, be fired, hide in shame or all of the above. I am down at least 10 dollars per share so I will not sell. I wish this fund manager would man up and explain himself. Vanguard, why do you still pay this guy?

      Sentiment: Hold

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