Rik Green's growth portfolio <Port-faux-lio> lost 3.9% in February and the S&P500 was up 1.1%. CVX was up 1.7% and continues to outpaced the S&P500. The precious metals funds were down about 8% and GG was down 7.8% in February.
Year to date the growth portfolio is down 1.8% while the S&P is up 6.2%. This volatility is tough to stomach! Deep breath. Anyone investing in precious metals must be prepared to weather some storms. But it still hurts to think that an investment in the S&P index would have out performed my carefully selected investments. We're only in the first inning.
From an earlier post you can see that I believe the recent decline in metal prices to be a buying opportunity.