InvestorsHub Logo
Followers 44
Posts 7741
Boards Moderated 3
Alias Born 02/20/2002

Re: NorthGA post# 44972

Monday, 01/18/2021 10:58:12 AM

Monday, January 18, 2021 10:58:12 AM

Post# of 47072
Hi NORTGA

1) You may like WPM and/or GOLD to AIM especially if in a taxable account.

They perform better than IAU and will probably be a little more volatile than IAU. They also PAY a dividend instead of taking a percentage for operating expences.

2) I would not worry if your cash reserve is high or low. Just let AIM manage it. I will say that if we ever have another 50% drop or greater you will be glad to have more than 50% cash. Especially if you are withdrawing funds to live on greater than dividends.

I believe the AIM method to withdraw significant funds is to take half from stock, half from cash, and reduce PC by amount taken from stock.

Toofuzzy

Take the road less traveled. It will make all the difference.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.