Re: Venture Exchange is booming and it's not too late to get in
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Oct 28, 2010 08:17AM
Edit this title from the Fast Facts Section
Single best place to tack a zero onto the back of your capital... if you do it right
third time's the charm, Wolfster . . .
The Toronto Stock Exchange's Venture Index is the single best place to tack a zero onto the back of your capital... if you do it right.
You can think of the Venture as the Dow Industrials of smallresource companies. It's the most widely followed gauge of small companies that explore for commodities like copper, oil, diamonds, and precious metals. It's one of the most "boom and bust" indexes you'll ever see.
And right now, the Venture is booming. Take a look...
Back in February 2009 and again in March 2009, I told you the bull market was just starting in junior gold stocks. Today, the bull market is in full gear.
And the companies I recommended – the ones run by the best, most experienced mining managers – have soared.
We had two triple-digit winners and just one loser. Our average return is nearly 100%. That's about 40% better than the S&P 500 over the same period.
Here's the thing: I don't think the ride is anywhere near over. As you can see from this next chart, the TSX Venture isn't even close to its all-time highs.
We're just about 18 months into this bull market now. If this market is like the one from 2003 to 2007, we're not even halfway there yet.
Right now, the Venture is a little stretched to the upside. This trade is just starting to get popular. But the overall trend is up. That's why you absolutely must own some juniors in your portfolio. We're in "boom" mode... Make sure you're profiting.