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Is lithium a good long term investment?

Posted on 10/16/22 at 1:37 pm
Posted by killercoconut
Lafayette
Member since Jun 2008
3739 posts
Posted on 10/16/22 at 1:37 pm
What avenues are best for this if so?
Posted by Ron Cheramie
The Cajun Hedgehog
Member since Aug 2016
5151 posts
Posted on 10/16/22 at 2:30 pm to
Standard Lithium. Symbol SLI. Tell all your friends
Posted by SortsaUsl
Member since Feb 2021
156 posts
Posted on 10/16/22 at 6:26 pm to
I’m in Atlas Lithium Corp. ATLX. Currently OTC but uplisting to nasdac by March 23. Has lots of upside but do your own research.
Posted by Jag_Warrior
Virginia
Member since May 2015
4127 posts
Posted on 10/17/22 at 6:35 pm to
quote:

Is lithium a good long term investment?


Unless another material comes to the forefront as a primary component material in EV and other batteries, I don’t see how it can’t be. But for the highest probability of consistent gains in the long term, I’d lean toward a sector ETF, rather than trying to pick a single stock winner… unless you want to assemble your own basket. I’d just make sure that I had more than one or two eggs in it. And I’d avoid the pre-revenue type stocks - unless you want to throw a (small) speculative gamble in your basket.
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