Q: You have mentioned that owing about a 5% position in a gold stock is good insurance for a long term portfolio. I already own a 5% position in Teck. Even though they are not a gold producer, is this similar to owning a gold stock or should I also buy a gold producer and increase my overall weighting to 10% in what I think of as the materials sector?
Thanks for the continued insight into investing.
Paul F.
Thanks for the continued insight into investing.
Paul F.