recommendation

[gzwick26]

Hi. Have a little money in a Ira that's in cash. Any recommendations of a stock or fund to put it in from someone that has good experience? Thanks a lot.

 

[brucefan]

Loaded ? Do you have any other investments ? how old are you? Whats your risk tolerance ?

Not fair to answer without more info

 

[gzwick26]

Not Loaded but doing okay. Have a 401k in mutual funds. Don't mind taking some risks. Thank you.

 

[brucefan]

Loaded ? Do you have any other investments ? how old are you? Whats your risk tolerance ?

Not fair to answer without more info

Gotta love typos

If you were loaded that would make my recommendation easier lol

Dont want to be difficult but consider your age, and what type of funds you already own , before choosing

That being said, a few individual names that I like long term

Conservative growth I would choose a healthcare ETF like XLV

growth ERI


speculation PRED

I would also make sure I had some money in gold and silver

PSLV ( SILVER)

CEF ( GOLD )

Mining stocks silver ( SIL, or SILJ )

Gold SGDM


more aggressive AG for silver, and SAND for gold

 

[gzwick26]

Thanks a lot. Already have Pred based on your recommendation but got in close to $5 per share. Hoping it goes back up. Will add some of the other ones you listed. Thanks again.

 

[gzwick26]

Happy New Year. Any other stock recommendations going into 2020 other than the ones listed. Thanks.

 

[brucefan]

PRTS

Big year coming for gold and silver, hope you bought some

a few more Silver SILV

Gold PVG

 

[PatsFan1283]

You still like SAND?

 

[brucefan]

You still like SAND?

Yes, very much

 

[PatsFan1283]

this is a vid I watched of them recently if anyone wants to check it out, CEO a sharp guy

 

[gzwick26]

Good morning,
Getting hurt on Pred and eri. Would you still hold? Gold and silver also? Thanks a lot.

 

[mickj]

ERI strictly due to virus, I'm sure he'd say buy more.

 

[gzwick26]

Okay. Thanks for the reply.

 

[mickj]

yw, Bruce should reply soon.

 

[brucefan]

ERI was literally taken out and shot in the last two weeks .. On Feb 24th the stock hit a high of 70.24 cents, only to close at 26.44 yesterday . Its moves like that in this market that unfortunately make it very hard to be a long term investor these days. That said, if you are a long term investor, and understand that the market has just discounted a worse case scenario that no one will ever visit any of their properties again, you try and slowly add to your positions

Good read here Eldorado Resorts seen as attractive amid brutal drop

Mar. 09, 2020 8:57 AM ET (ERI)By: Clark Schultz, SA News Editor4 Comments

• Roth Capital sees Eldorado Resorts (NASDAQ:ERI) as oversold.
• "While indicators demonstrate some lost convention and leisure business, overall 1Q20 trends to-date for ERI/CZR have been solid, according to checks, " notes analyst David Bain.
• Bain says significant casino disruption is a possibility led by Las Vegas, but reminds that ERI/CZR hedges potential degradation with the utilization of its peer-high 65M patron Total Rewards loyalty club which combines with air traveler/Las Vegas substitutions to ERI regional facilities.
• Bain also says ERI has obtained fully committed financing for its acquisition of CZR to take an investor concern off the table.
• Roth Capital keeps a Buy rating on Eldorado and a sum-of-the-parts valuation of $75.
• Shares of ERI are showing a 16.70%premarket drop to $28.03 (52-week low).

Caesars: After The El Dorado Deal Closes, Expect A Shift In Strategy Coming On Fast
https://seekingalpha.com/article/43...loses-expect-shift-in-strategy-coming-on-fast

 

[gzwick26]

Thanks for the update. Will hang on to Pred and Eri until I hear otherwise.