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<p>[QUOTE=&quot;SD51555, post: 2307141, member: 71871&quot;]Unless you&#039;re a very skilled stock picker, <u><b>I&#039;d run as fast as possible away from owning individual miners.</b></u>&nbsp; I&#039;ve gone down the road of Cliffs Natural Resources, Stillwater Mining, Iam Gold, and Newmont Mining.&nbsp; I thought, &quot;Hey, they&#039;re 75% off their highs, how much worse can it get?&quot;&nbsp; &nbsp; </p><p><br /></p><p>It got worse.&nbsp; I got my @$$ handed to me every time.&nbsp; If you must, stick to the broad indexes like GDX.&nbsp; I&#039;m in it, but I also know I&#039;m playing with fire.&nbsp; Same goes for energy stocks.&nbsp; I went out and bought the little unknowns that boasted huge returns only to get wiped off the map when things went south.&nbsp; Good example is BBEP.&nbsp; I&#039;ve taken my lessons and moved to high quality names or just bought the index instead.&nbsp; You&#039;ll live longer that way.&nbsp; </p><p><br /></p><p>You can get into an $80 stock at $20 and feel like a genius.&nbsp; That is until it drops to $5 and you&#039;re out 75%.[/QUOTE]</p><p><br /></p>

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