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re: Thoughts on VALE?
Posted on 7/30/13 at 4:30 pm to austiger
Posted on 7/30/13 at 4:30 pm to austiger
I too am in FCX and VALE with longer term expectations. I'm also in ITUB, the Brazil based bank at a low entry point earlier this month. I think these are good 5 year plays. Brazil, China, Mining and Commodities all have their inherent risk factors. Mining is getting it's clock cleaned. Look what it did to CAT this year.
1
Posted on 7/30/13 at 5:42 pm to ynlvr
@Cousin - if you're just getting started, I'd hop on the compounding interest train and buy whatever you can with yield. A lot of folks say you should be riskier at a younger age, but I think it's a lot better strategy to start compounding early & never stop.
Boring but relatively easy if you can just keep adding to it over the years.
Boring but relatively easy if you can just keep adding to it over the years.
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