Q: I notice that precious metals have taken off, I only own AEM. Is it too late to invest in another stock. WPM is in your balanced portfolio, but looks expensive. What are your recommendations to add to my portfolio now. Would also consider a ETF
Thanks Stephen
Thanks Stephen
5i Research Answer:
Forecasts are always tricky but we think the sector still has room to run (see recent comments in the forum under the 'gold and silver and metals' category). We would be fine buying WPM for diversification. For general exposure, however, we would prefer an ETF such as XGD.