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RE: SteemPower Investments Club - Club Vote #0002

in #spinvest6 years ago (edited)

A few notes...

  1. "if you don't HOLD IT, you don't OWN IT" applies to PM's as much as anything...
  2. Stocks are a sucker bet, unless one has an active exit plan, for perhaps a year or less.
  3. If we are looking at a PM 'stock', a royalties corp is maybe a good bet. The stock of FNV (Franco-Nevada) is an extremely solid investment. There are others, and getting on that type of stock soon is imperative because it is cheap(er) at the moment.
  4. The holding of club PMs is not settled, but as SS.UK noted, it's more expensive to buy nearly everywhere, than the USA. It should prolly be bought and held here. I could get behind that if we had a storage setup...
  5. This is our FIRST non-SP investment, we will have others 😎🤑😎
  6. I like all of these, less the general "stocks", but certain ones are pretty good. The BTC was my close second choice, but at this early stage I think it is OK to diversify even more, and Steem LEO looks like a real winner! We also have the NEOXAG and the NEOXAGM coins, I have personal holdings in both and the AGM (Neoxian Silver Miner) is expensive but produces lots of NEOXAG, I am told! We shall see! NEOXAG is kinda like LEO, severely undervalued at this time.