Multipronged Approach to Investing

I love Dividend Growth Investing. The main focus of my investing approach over the course of past few years has been Dividend Growth Investing. I am happy to subscribe to this model and still highly recommend it for investors looking for a reliable method of generating passive income. However, over the course of last year or so – as the bull market rages on in old age, valuations have been pushed to stratospheric levels amid the falling profits from strong blue chip companies. It is for this reason, I have decided to pursue a more multi-pronged approach to investing.

Regular readers of this blog may have noticed the change in my tone of the course of the past few months…I do not feel so hot about this market and the amount of purchases have dried up and my cash position has been building up steadily. Apart from a few pockets of companies, its become very hard to find compelling buys in this market as the debt-fueled share repurchase programs have made me question investing in certain companies.

Multipronged Approach to Investing

StrategyFalling in love with one single investment (or even an investment strategy) is not a very prudent behavior as an investor. Readers may be aware that we are already using a couple of different investing strategies in our portfolios. My wife’s portfolio uses a more passive approach to investing – using broad index funds via ETFs. My portfolio, on the other hand, focuses mainly on dividend growth investing and starting this month, a part of it will also be invested in index funds. This is a good diversification model. With dividend growth companies, I target some companies which I think will do well compared to its peers and let the investments compound over time. With the index funds, I let the market do what it does best; and allows me to instantly diversify providing me with a safety net, in case I had made a terrible mistake with my individual stock picks.

But the valuations have been stretched so much that some of the investments do not make any sense. If I want to invest fresh capital into the markets, I now have the option of either buying dividend growth stocks that do not yield much (thanks to income focused investors driving the stock prices up, and thus the yield down) — thus, risking dollars to make pennies. Alternatively, I’d have to simply add to my index funds, which also seems unattractive. The best option seems to stay in cash…but I like to put my money to work and for this reason, I’ve had to look elsewhere and look into different strategies.

I know that I am not the only one who is in a similar boat. I’ve been talking to other investors and blogger over the course of months and this seems to be more common than I thought. Just last week, Bryan from Income Surfer posted an article on this same topic. Jay from FI Fighter is another blogger that has went with the contrarian approach and sold his DGI portfolio last year and is currently making a killing in the commodities/mining market.

Investing Options

So, what kind of other investing options I am looking at?

  • Deep Value: They may not necessarily be mutually exclusive, but deep value investing and dividend growth investing go hand-in-hand. Looking for deep value stocks expands my horizon a bit from the DGI universe (the CCC list, the Aristocrats list etc.) allowing me to consider companies that may or may not pay dividends but are outside the focus of other investors and are probably mispriced. Such companies may or may not pay dividends.
  • Growth companies aka Non-Dividend Payers: Companies that are more growth focused and do not necessarily pay out dividends, but rather reinvest those profits back into the business to grow future earnings. I’ve always had a problem with this in the past – as I would have to sell the shares and exit an investment before I realize any profit. As I have said time and again, I prefer companies that share their profits with shareholders while I stay invested. But due to the current circumstances, I am reconsidering this option.
  • Options trading: This is something that I have occasionally tried in the past, but do not completely understand the trading and pricing strategies. Without completely understanding, I have tried options trading and have been burnt in the past. I will need to educate myself a lot before I (if ever) try this again.
  • Real Estate: One option that has been on the backburner is buying real estate. Although local (Ottawa, Canada) real estate isn’t as insane as Toronto or Vancouver, we feel that the Canadian real estate market is in bubble territory. When the bubble will burst is anyone’s guess. If the bubble bursts sooner rather than later, we might consider making a move in real estate investments.
  • Alternative investments: I have discussed plenty of other alternative investment options on this blog. I will be revisiting some of these options and taking them under consideration.

The biggest challenge I face with this multipronged approach is that I now have to go out of my comfort zone and learn new methodologies to evaluate companies. There is no question of evaluation with index funds – as you simply dollar cost average on a regular basis. Evaluating dividend growth companies is easy for me as I’ve been following this model for years. But now, I have to shift gears and think differently (put on a different hat, if you will) for the other investing methodologies.

What does this really mean? Mistakes will be made. There’s no denying the fact that once I start exploring a certain new approach, I will make a few mistakes. I am ok with that. Its part of the learning curve. I will be looking to learn from those mistakes and hone my skills over time.

So where does this lead for DGI in my portfolio? Am I abandoning DGI? Not at all. The core of my portfolio still consists of the dividend growth companies producing income quarter after quarter. These companies will continue to play an essential part of my portfolio generating and compounding my income.

Having said that, I am looking forward to learning new methodologies and try my hand at investing in different kind of companies that I normally dont invest in.

What are your thoughts on this approach? Do you use only one single method model of investing? Am I making a mistake by looking outside my comfort zone? Share your thoughts below as I value your opinion.

48 thoughts on “Multipronged Approach to Investing

  1. R2R,

    Thanks for the write-up. Something to consider with regards to options is selling puts and calls, this is safer than buying stocks outright as you get paid upfront thus reducing your cost basis. Selling options nets you a positive return 9-10x as often as buying them, but the reward is far smaller. Lots of singles you could say.


    • Good points. Options can be a great way to increase income….its something that I am still not very comfortable with, but learning a bit everyday. Hopefully I can increase my income with some option-writing.

      Thanks for stopping by and sharing

  2. Do what you gotta do Sabeel. Only you know whats best for your investing life.
    The markets are at a high and there’s a lot of downside to come… that said, having tons of cash to take advantage is nice.
    Can’t wait to hear what you decide to pick up on. Thanks for sharing.

  3. I think Deep Value can certainly compliment dividend growth investing. As an individual investor, the market ineffeciencies we can exploit are:

    1. Having a longer time horizon since we don’t have to outperform every quarter (similar to DGI approach)
    2. Investing in unpopular stocks (value approach)

    The 3rd inefficiency that is meaningful that I don’t think individuals can exploit very well is momentum. Trading costs for individuals will likley eat up much of returns.

    • You are right, Ben. Deep Value is a good complement and exploiting those inefficiencies are something that retail investors can do well on. However, it can only burn some investors if speculating without enough knowledge.


  4. mat says:

    Very interesting post,
    i am just starting to use DGI from last year, but all the time i ask myself this question… that the technique is used by lot of investors..

    • DGI is still a great approach and is the reason why I continue holding most of these companies in my portfolio. I wouldnt just outright sell them and move to a new approach. DGI gives me a good core strategy in my multipronged approach.


  5. I’m in a big transition period with my portfolio right now, so I’ve been thinking a lot about this topic lately.

    I think options are a great option! You don’t have to venture that far from your comfort zone either. I look at put options as a more lucrative means to be invested in the underlying stocks you would want to buy anyway. And I look at call options as a way to juice the yield on stocks you already own. Your stock analysis doesn’t change. You still want to trade options on good companies that you’d be willing to own for the long term…and you still need to have an idea of their fair value.

    Since the premiums are small dollar amounts, the trading costs for selling options can be high unless you have an ultra low cost broker (like Interactive Brokers). You also need to have a big enough portfolio that 100+ share positions in a single issue aren’t too concentrated.

    I think bonds are worth looking at too. I realize bonds are missing the “growth” part of dividend growth investing, but it’s steady income and interest still compounds as long as you’re reinvesting it.

    In addition to options and bond funds, I’m looking at P2P lending for income diversity.

    • Thanks for sharing, catfishwizard.
      Options are definitely on the books here. Unfortunately, all my assets are in registered accounts (tax sheltered) — so I cant write puts as per government regulation. I have occasionally tried writing calls, but as you said, those costs can add up and make it expensive negating the trade profit. I have looked at IB and they have a great product…and now they offer registered accounts in Canada (which they didnt, until a year or so ago). I am considering moving my funds to IB now.

      Bonds, we own some for some inertia in our portfolios, but I am not crazy about the ~2% income. One aspect of the bond market that does interest me is the emerging market debt. Its something that I am reading up on and trying to figure out which investment vehicle suits best for me.


    • Well put. Understanding what I am getting into will be the first thing….I will need to evaluate various risk-reward profiles and see which one suits best to my needs.


  6. There are pros and cons to any strategy. Deep value is probably closest to your current approach but delivers less certainty. ETFs provide diversity at a cost. See Well Rounded’s current issues with Real Estate. I like bonds only in a higher interest rate environment. Options? My comfort level doesn’t go beyond covered calls and puts. Trust YOUR instinct with this choice. My only words of wisdom would be to be cautious in any approach that uses leverage.

    • Well said, Charlie. Once you start using leverage and get into things like options and real estate, things can get nasty pretty fast.
      As you said, deep value is probably the closest and will give me some wiggle room in case of mistakes.


  7. Being able to execute multiple strategies is a lot harder but it makes it possible for you to work in various environments. If you only have one strategy then you’re left with just sitting on cash if you can’t find viable investment options, that’s not necessarily a bad thing, but seeing your cash balance continue to rise is a tough thing to see and can lead you to making subpar investments that don’t meet your normal investment requirements even if they fall in your strategy. There’s really nothing that is getting me excited to invest in right now but I also don’t think many of the DG companies are so expensive that they’d make for horrible investments. They just won’t be great investments. In my view many of the DG companies are on the high end of fair value to slightly overvalued but they aren’t at the point of being grossly overvalued and thus requiring a sale.

    For my own portfolio if we could just switch to investing at the same financial position we are in right now I’d probably go with options. There’s money to be made in executing very simple options strategies. It might not be amazing returns but you can generate 8-10% pre-tax annualized returns on some very high quality companies. Here’s two strategies I would employ depending on which ones offer the better return prospects.

    1. Sell OTM put options on the companies you feel are safe and will be there no matter what. Continue doing that until the shares are put to you and then evaluate if you want to keep the position as is or if you want to continue the options strategy. If you want to continue then sell OTM calls to generate income and a good return if the option is executed and the shares are called away. Wash, rinse, repeat until the markets present better opportunities.

    2. Do buy-write options to save on commission costs where you simultaneously buy 100 shares of a company and write a call option. You essentially get to set your return amount beforehand if it’s executed or lower your cost basis if it doesn’t and then you can continue to sell calls on the shares until they’re called away.

    Both of those strategies are easy to execute. If you’re sitting on say $30k cash then I’d probably only do put 50% of that into the strategy to still give you a good cash stockpile to take advantage of any stock market shenanigans.

    That’s the exact strategy I would be using if we switched back into investment mode at our current financial position with about $25k in cash (it’s actually about $55k but we would need to keep an emergency fund buffer).

    There’s a few specific growth companies that I want to own in the future but I likely won’t add them until we get some real market turmoil to bring their valuations down since they typically fall harder than the overall market during market chaos.

    All the best.

    • Well said, JC. Its easier said than done – learning new strategies and executing them well enough to make a good profit. One of the reasons I love DGI is because of the safety net it provides with the large cap names and the continued income provided to wait. Buy-low-sell-high is something that everyone understands, but all fail to execute as most of us are bad market timers.

      Writing options is something that I have done in the past. Unfortunately writing puts is not possible as my assets are in registered accounts and government regulation stipulates that I cant do that. I have tried writing call, esp on securities that I dont mind selling. I might look into writing more such options in the coming weeks/months.

      Thanks for the suggestions

  8. jordan says:

    As another Canadian – it seems we have similar approaches – but did them in reverse orders…

    I’ve had a mix of Index Funds & Mutual Funds in my RRSP since I was about 18…in the last 3 or 4 years (i’ve started putting money into my TFSA and use that for Dividend Growth Investing, Monthly Dividend Drips & a few gambles (medical marijuana stocks, etc).

    I still do my dollar cost averaging in my RRSP each payday – and when I have extra cash I throw it into my TFSA and look for good buys – with the end goal of getting my Tax Free monthly passive income up to the point it can pay my bills.

    Keep us posted on how the new strategy works -and good luck!

    • Thanks for sharing, Jordan.
      I went with mutual funds when I began investing back in 2007/2008 and eventually moved to stocks/ETFs after I realized that I was paying too much in management fees.

      DGIs have done really well for me over the course of last 8 years, and I continue to employ the strategy as part of my core portfolio…but I am now thinking of expanding my horizon in order to look outside the DGI universe.

      Sounds like you are taking the right approach….hopefully your TFSA holdings will grow enough to let you achieve FI.

      Best wishes

  9. The Broke Dividend Investor says:

    Hey RM2R,

    I’ve been thinking the same. I’m thinking of opening up a new account with Vanguard and investing in their bond mutual funds especially the muni (no fed taxes) and corporate bonds. Both are 3.5%+ with .20% expense ratios which is basically the same as their etfs. Their etfs grows in price but are lower in yield while the mutual funds pays out now but barely has any cap gains.

    I am thinking of putting my excess cash into a vanguard muni mutual fund with a 3.5% yield and .2% expense ratio to create a small slush fund/saving account since my capital one savings is barely .75%. reinvest the money every month and use it when I need it. Hopefully the bond market will get spooked by yellen and drop in price.

    • Bonds do not interest me with the paltry returns. Yes, the corp and munis probably return more, but I dont know enough to invest in them and the continued missed payments from munis and other debt defaults, I remain skeptic in investing. Having said that, using a fund (rather than directly buying the bond) is probably the best course of action — giving you enough diversification to iron out the bumps.


  10. To be honest, I have been hearing about people calling stocks expensive for 8 years now. One of these days they will be right. But I do know that frequently changing strategies, and “taking small profits” is a definite way to make mistakes. I have followed quite a few investors who have been selling on the way up, trying to call the top. And they have been missing out on a lot of money as a result of trying to be smart. Noone can time the markets consistently. And few people can really be jacks of all trades.

    I see a lot of people throwing in the towel, and just embracing indexing. There has been nothing wrong with indexing for most, unless of course you pick the wrong index or you pick indexes regardless of valuation. I have read some studies that show European stocks have had flat earnings for a decade. US earnings are flattening as well. So index funds might not be the panacea today.

    I think you can find attractively priced dividend growth stocks today, though entry prices could always be better if the stock market goes down.

    Perhaps you can find deep value… But when everything is expensive, it is much harder to uncover it. And that “deep value investment” could turn out to be a value trap.

    As for most other asset classes such as Real Estate, Peer to peer lending, growth companies, you have the same factors at play, which also may have inflated DGI or index stocks ( per my understanding of your article). You may do options, but if stock prices are high and drop from here, you will still suffer some losses.

    • Cant really argue with that reasoning, DGI. Its been my train of thought with investing lately…and agree with the viewpoints esp about indexing and other forms such as REI, P2P etc.
      Deep value, as you suggest, might be the good option — but then again, it might turn into a value trap. One of the companies that I own that fits this bill is Apple. Its very attractively valued, but since its been included into the DJIA, the stock has remained depressed. Its become a value trap as its fate is tied to the index and the overall “market” in general. Very annoying, to say the least. But it still continues to play a part in my portfolio and I think its a fantastic company for the long haul.

      Thanks for sharing your thoughts. Your insight gives me plenty to ponder over.

  11. Sabeel,

    Thanks for the mention. I can totally relate to what you are saying in this post here. I went through a transition myself in 2015, going from REI and DGI to something that I had never in my first 30 years of life ever even paid attention to … gold.

    In hindsight, it wasn’t an easy thing to do and I had to re-wire my brain, so to speak. In many ways I think REI and DGI are alike, and the strategies/approach can be used interchangeably. When it came to commodities, for me it was like learning the rules to a whole new game… I’m not saying the route I took was the right one, or even suitable for everyone else out there. It most certainly is not. Everyone’s situation is unique… For me, all I can say is the “tried and true” was no longer working for me, so I kept my eyes open to new types of investment opportunities.

    I certainly don’t believe that any one approach is better than the other. Like your stance, I think there’s a suitable time and place for everything… Would I love to purchase more cash flowing real estate or blue chip dividend stocks yielding 5%+? Absolutely… But I felt the same way about REI and DGI when I sold out in 2015 as you do now. Stretched valuations and not many good deals.

    Here’s a great Jim Mellon video I recently watched.

    He seems to have had trouble finding good value plays as well… He has a list of ideas, of course we don’t have to agree with every last one, but Mr. Mellon certainly strikes me as an individual who is extremely open minded to new ideas. This video opened up my eyes a bit.

    Take care!

    • Talking to you over the last few weeks has been a bit of a wake up call in expanding my knowledge horizon 🙂
      There are so many things to learn and so many different avenues to achieve our goal. Things are not well in the financial world — so, I dont blame you one bit for selling your DGI portfolio last year. I have liquidated some of the weaker names in my portfolio, but still hold a few — and I am considering liquidating them too. The last financial crisis was not the end-all an the world did not really learn anything from it. A band-aid was put on the massive wound and the world continued living like nothings wrong. The macro view of the world definitely scares me these days.

      Thanks for the link..I’ll check it out later tonight.


  12. My own approach is multi-pronged as well (deep value, growth, dividend growth, event driven, risk arb) but the basis for it is margin of safety.

    I assume one of your concerns about the market is that higher interest rates might hurt multiples and dividend stocks in particular so you might want to consider rate-reset preferred shares for a portion of the portfolio. Most of them are trading well below par so have the opportunity to trade up if they reset when the 5 year bond rate is higher than the current 75bps. I prefer these to holding any long term bonds and although I recognize they are perpetual at least they have interest rate protection.

    Good luck.

    • Hmmm interesting. Preferred shares is something that I never think about, but you make some good points. I will definitely take a closer look and try to understand the field and see if it fills the gap in my portfolio.


  13. I just posted a very similar article although I am coming at it from the index ETF side.

    I am not optmistic about traditional markets and have been asking for other suggestions.

    Real estate is an option, but I’ve never been too excited due to the property management and maintenance issues.

    Option trading may be a thought.

    Thanks for the ideas.


    • Will stop by and check out your article, FS. Looks like a lot of DGI investors are in the same boat.

      Theres plenty of options available to take us towards our goal. We simply have to pick what we can understand and use to our advantage in the marketplace.


  14. Nice article.

    My investments are layered. I do have a mix of products and investment styles that have a few benefits
    1- sleep well at night due to some low risk/guaranteed products.
    2- Getting market returns via indexing
    3- getting passive income via DGI and option writing
    4- play money for the occasional market timing bet

  15. cannew says:

    Holding off on purchases because one feels the market or stocks are expensive is the hardest part of DGI. But that’s past of the strategy, to not buy stocks which are expensive! If there are no stocks which meet your criteria to buy, than don’t buy.

    It’s not that the market has to drop before buying, as DGI mentioned above, one just has to decide if there are ones which will lower your yield even if the price is a bit high.

    Adding index etf’s to diversify and “let the market do its work”, to me, is loosing sight of why you chose DGI! In my opinion one avoids etf because with the diversification you add many of the stocks you wanted to avoid with DGI.

    I think a better option is to Dollar Cost by adding smaller amounts regularly to specific stocks during an extended bull market and hold cash to invest larger amounts when and if a buying opportunity arises.

    • Thanks for stopping by and commenting cannew.
      Not investing and staying in cash is the prudent thing to do, if one feels that stocks are currently expensive (which I do). There are also massive macro economic factors weighing in which provide a negative outlook to the securities. Like I said, there are still a few pockets of investments which can be good for the long term, but overall I am not confident piling into some companies – esp with the elevated valuations in certain sectors such as cons. staples, utilities etc.
      As for the index ETFs, I still like to diversify my bets and use portion of our portfolio and track the broad market. Perhaps you are confident that you have made the right pick with each investment, but I am not. I am always worried that I could have missed something in each company’s financials or a company can be displaced by competition. It is for this reason that I always like to hedge my bets and preach diversification. I love DGI as it allows my investments to grow and compound, but I also take comfort in knowing that part of our portfolios are in broad market index funds. Think of it as a diversification of investment strategy.


  16. Hey R2R,

    Great article. It has certainly become harder to find good DG stocks at reasonable valuations lately. Warren Buffet did really well by learning new strategies and expanding his circle of competence. I’m sure he did a lot of homework before putting money down on new investments that he had previously avoided. The first thought that came to mind after reading your article was options, specifically Mark Bern’s articles on his option hedging strategy that he has written about on Seeking Alpha ( Essentially, he looks for companies that are the complete opposite of dividend growth stocks, i.e. companies that are highly sensitive to market downturns and have a long history of steep price declines and dividend cuts/eliminations. He then purchases puts on those stocks. He has done very well on some of his positions. I wish I could implement his strategy right now, given the inflated valuations of most stocks these days, but my portfolio is too small to effectively allocate cash for the strategy. Down the road, I hope to implement his strategy when I have more cash to invest with.

    • Hey Andrew,
      Thanks for stopping by and sharing the details. I have to check out the article you posted, but isnt that an extremely risky perspective? If he is targeting companies that are highly sensitive and volatile, and are expected to cut/eliminate dividends, why write puts on that security? If such an event occurs, he will be left with massive dues where he will be left with a contract to buy those securities and hold them through the downturn!! This sounds like a terrible strategy on the surface, but perhaps I am missing something and there is some safety mechanisms in place. I’ll have to read up and think about such things, but at first thought, I would not touch it with a 10-ft pole.
      I am however ok with the flip side of option trade, which is buy stock and write covered calls on them to net the premium. If the stock rises, and the security gets called, thats ok, you have made a profit…but if it stays below strike price, you keep holding and collecting dividends meanwhile.


  17. Hi R2R,

    I am focusing on an aggressive growth stock picks where I’m mostly invested in the tech sector.

    However, I am looking to allocate some of my funds to the index because up to date, I still haven’t been able to beat the index. However, I am hoarding cash at the moment and refraining from making any buys.

    I think it’s a good move at the index.

  18. I, too, am a dividend growth investor and I honestly hold to the idea that that’s all you need to be diversified (just because it’s one asset class doesn’t mean it’s one “entity”).

    That said, I’ve also been looking at other asset classes, notably P2P lending and commercial real estate crowd funding. With the former, I’ve had small portfolios with both Prosper and Lending Club for a couple years. But while Prosper has been doing great, my LC portfolio has had a recent stream of charge offs that I can’t explain. With the latter, I can’t find anything that both allows you to invest and directly own real estate (as opposed to investing in mortgage debt or in REITs which I already own) and do so without being an accredited investor.

    Everyone here seems to be talking about options, but I’m with you on the comfort level, R2R. From here, they just seem like a more complicated way to buy stocks. I want to own these quality businesses, not get paid to be obligated to un-buy them at a certain lower stock price unless I can put in the money to sell them while doing the Hokey Pokey dressed as Samus from the Metroid series and….…yeah so I really don’t know how they work. But they just seem like a more complicated way to buy stocks. It’s like playing a video game on the Nintendo Wii when the same game is also on Xbox and Playstation; if you get the same thing in the end, why complicate everything?

    So pretty much, don’t use a Wiimote and Nunchuck to buy stocks. You just end up flailing around trying to do what were once simple tasks.

    Happy hunting, R2R! Hope you find something that works for you.

    ARB–Angry Retail Banker

    • I hear you on looking outside the DG universe for more yield. I have explored options and also looked at P2P lending,….but P2P lending – I personally find – is a complete wild card. I’d rather lend my money to an established business where I can review their repayment history rather than an individual simply based on a credit score. For tapping into this high yield market, I went the route of going with a BDC company instead….lend money and earn interest at a high rate — but instead of individuals, go with companies instead. And what better way than going with BDCs where they do the work of reviewing those applications and filtering out the losers for you 🙂 I chose MAIN for this reason and loving the 8%+ yield (including the special dividends) on my investment.

      Thanks for sharing your ideas. Appreciate it.

  19. Oh, how could I forget precious metals. I started some VERY light silver stacking. I have silver bullion and will probably pick up some gold and copper bullion as well, thought I’m mainly sticking with silver. It’s my one investment that doesn’t generate passive income.

    • You read my mind 🙂
      I am starting to make a move in the precious metals market and just shared my latest purchase of Silver Wheaton in the space this morning. This will the first of many such purchases for the coming months.

      Silver is setup to move to the upside, I think.

    • cannew says:

      Bought gold bullion in 2006 and have it sitting in our safety deposit box. Every time I look at my total investments, Gold’s value hasn’t changed. With every other holding I’ve received dividends, reinvested and my value has increased. I only list my holding at invested value not market value.

      Am I glad I bought the gold, No. Had I added to any of my other holding I’ve have received regular income, not just have a lump of metal sitting in a box. To get any gain from the gold I’d have to sell and I guess I should have when it was $1,900 peer oz.

      • I think its a wise decision to hold part of your portfolio in gold, but I think your reasoning is flawed. Gold is a value store and is constant — which provides you with a hedge as currency purchasing power keeps declining year after year. Saying gold does not yield anything and does not provide income is like saying that your bond investments are not increasing distributions like dividend growth stocks. Apples and oranges. The income provided with investing in stocks comes with a risk. Gold is a hedge against that risk.


  20. I think its great that you have accepted the fact that its time to diversify into new realms. I find myself in a similar position. All my passive income currently comes from real estate but I know that I need to diversify into other arenas.

    I actually jumped on the precious metals industry based on FiFighters blog and I have made some decent money so far but I didnt put a ton of money into it which I now totally regret of course! 🙂

    • Haha…Jay from FIFighter is killing it. I have been talking to him lot lately and learning a lot about his investment philosophy. In speaking with him, Ive started looking at the beaten down precious metals sector more closely than I had. Its important not to get married to one idea. While I still like DGI, I am looking to expand my horizon….hoping to get some real estate as well, but waiting for a crash here in Canada before I look into it seriously.

      Thanks for stopping by and commenting
      All the best

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