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The New Wisdom




Commodities

I know I’m late to the party, but today I decided it was time to join the commodities bandwagon and put 2.2% of my IRA assets into DBC, an ETF that has holdings in crude oil, corn, gold, aluminum and other futures. Back in 2005 I purchases shares of a mutual fund that held many energy companies, and that has done very well. But with the dollar continuing to be weak and global demand for commodities high, I wanted more direct investment in the actual stuff that developing nations are so hungry for.


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