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Appleseed Investor Message Board

  • caponsacchi caponsacchi Mar 12, 2013 5:02 PM Flag

    Metal by any color or material

    I bought this fund before looking at their top 10 holdings, out of which no more than 3-4 are familiar securities. It's such a quirky portfolio that if it weren't doing fairly well (keeping up with the S&P500), I'd reconsider. But with the market constantly setting record highs, it's probably not a bad idea to keep some powder dry, and this fund hangs on to some reassuring cash. Still, I fail to see any advantage (at least to the fund purchaser) in possesssing physical gold as opposed to a proven ETF like GLD.

    Sentiment: Hold

 
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