RE:RE:RE:RE:VGCX amends credit facilities, reducing interest rates Kegman, I don't think a comparison hoding a stock long term, trading others is truly relevant.
Especially, if you have a diversified portfolio, time horizon, risk appetite and so on.
And depending of your assets, a diversified portfolio is not about stocks only : real estate, hedge funds (seeking absolute returns for example, cash, currencies expositions.
So FWIW in my case and only speaking about my investments in stocks:
I am holding about 10 stocks in my brokers accounts; from pink sheets to blue chips. Some are long term plays, some are trading opps, some are trading opps that went South and are now long term plays (lol.. bettern than saying I am a bagholders)-
And my exposition to gold producer in this stock category is certainly to high in terms of risks but it manages two risks for me: should perform better than my cyclical stocks in case of market "bad mood", and it's a natural hedge to my USD positions (as I am a non-US investor -- > USD down should push POG up).
So you see, not sure if a comparison to other opps make sense. It's part of a global strategy with some convictions about my stockpicking.
And for the record, I am not happy with my VGCX investment in terms of yearly return versus the risk I took when they had to build the mine...
--> bought @.15 in 2014 first time, so rs adjusted = 2.25 CAD
And 107 transactions later, my avge price of my current position is 4.6 CAD.
BYN
I guess I am an early bird with BYN, got in at 0.04 in March 2020.
But I doubled my position later and my average price is 0.17 now
I hope to have a better risk-adjusted return with ByN as I am confident it will have a great 2022 year (except if markets are hit hard).