Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Time for Commodities?
Old 05-16-2016, 10:16 PM   #1
Full time employment: Posting here.
gcgang's Avatar
 
Join Date: Sep 2012
Posts: 927
Time for Commodities?

I just read the dismal Oppenheimer Commodity mutual fund QRAAX is shutting down. While this looks like a mercy killing, I've had other experience with a sector fund shutting down just before a period of outperformance (BBH I think, a biotech Holder).

In any case, expectations seem very low in this area now.

Bot closed end BCX in my IRA a while back.
__________________

__________________
In theory, there's no difference between theory and practice. In practice, there is. YB
gcgang is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 05-17-2016, 09:25 AM   #2
Thinks s/he gets paid by the post
Big_Hitter's Avatar
 
Join Date: May 2013
Location: In the fairway
Posts: 4,098
I'm holding tgldx
__________________

__________________
Swing hard, look up
Big_Hitter is online now   Reply With Quote
Old 05-17-2016, 09:47 AM   #3
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Mulligan's Avatar
 
Join Date: May 2009
Posts: 7,379
I hold DJCI which is an exchange traded note aligned with a basket of commodities. Its up about 8% since I bought a couple months ago. It was just a small 10k bet to prove to myself how smart I am. I guess I should sell while my self esteem is high.


Sent from my iPad using Tapatalk
__________________
Mulligan is offline   Reply With Quote
Old 05-17-2016, 03:42 PM   #4
Thinks s/he gets paid by the post
John Galt III's Avatar
 
Join Date: Oct 2008
Posts: 1,285
I hope so. I hold PCRIX which has been getting hosed for the last couple years. But it has enjoyed an uptick in the last few weeks!
__________________
John Galt III is online now   Reply With Quote
Old 05-17-2016, 03:49 PM   #5
Thinks s/he gets paid by the post
DrRoy's Avatar
 
Join Date: Dec 2015
Location: Michigan
Posts: 1,723
I love to scoff at that precious metals advertisement on TV that suggests you should invest in gold and silver instead of those "volatile" stocks!
__________________
"The mountains are calling, and I must go." John Muir
DrRoy is offline   Reply With Quote
Old 05-19-2016, 02:19 PM   #6
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Mulligan's Avatar
 
Join Date: May 2009
Posts: 7,379
Quote:
Originally Posted by John Galt III View Post
I hope so. I hold PCRIX which has been getting hosed for the last couple years. But it has enjoyed an uptick in the last few weeks!


I caved and took my profits today on DJCI... Uncle Sam takes 31% on this trade so I am 31% less smarter on the trade.. Oh well take the dough and run. I had no business buying it in the first place....
__________________

__________________
Mulligan is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Time to Invest in Commodities, Foreign Funds? lawman3966 Stock Picking and Market Strategy 12 08-12-2015 04:45 PM
VG - Commodities Fund? veritasophia FIRE and Money 8 04-30-2006 08:43 AM
How to invest in commodities? Spanky FIRE and Money 16 03-06-2005 10:13 AM
Investments in Commodities Dawg52 FIRE and Money 3 02-09-2005 09:27 AM
Any commodities investors? GTM FIRE and Money 15 01-10-2005 07:33 AM

 

 
All times are GMT -6. The time now is 12:04 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.