Fund suggestions for 5k

[silvernewbie]

hi

I have a small amount (5/6k) to invest over a few funds or shares and looking for opinions focused around oil/mining.  Reading the mining thread I am unsure whether I want to take single company risks, although Greatland Gold looks good.  Currently I have the Blackrock Gold and General fund which Is the major miners and thinking of adding the below.  Does anyone have any preferences:

1. https://www.hl.co.uk/shares/shares-search-results/v/vaneck-vectors-junior-gold-miners-ucits-etf

2. https://www.hl.co.uk/shares/shares-search-results/d/db-x-trackers-stoxx-europe-600-oil-and-gas

3. https://www.hl.co.uk/shares/shares-search-results/i/ishares-physical-metals-physical-silver-etc

4. https://www.hl.co.uk/shares/shares-search-results/x/xtrackers-physical-silver-etc

 

thanks

[KevjustKev]

None of them. Invest in KBF.

KBF I hear you think. Kev's Beer Fund.

I drink the beer, I tell you what it is like, therefore my liver takes the hit and not yours!😁

[Foster88]

On 10/05/2020 at 03:23, silvernewbie said:

hi

I have a small amount (5/6k) to invest over a few funds or shares and looking for opinions focused around oil/mining.  Reading the mining thread I am unsure whether I want to take single company risks, although Greatland Gold looks good.  Currently I have the Blackrock Gold and General fund which Is the major miners and thinking of adding the below.  Does anyone have any preferences:

I’d look to invest in renewables over oil, oil has been very volotile recently but will most likely shoot back up once lockdown measures are eased globally.

Renewables would seem much more appealing to me as the world looks for greener alternatives to fossil fuels. It all depends how long you intend to hold them for. 

That’s just one alternative for you to consider.

[KDave]

On 10/05/2020 at 03:23, silvernewbie said:

hi

I have a small amount (5/6k) to invest over a few funds or shares and looking for opinions focused around oil/mining.  Reading the mining thread I am unsure whether I want to take single company risks, although Greatland Gold looks good.  Currently I have the Blackrock Gold and General fund which Is the major miners and thinking of adding the below.  Does anyone have any preferences:

1. https://www.hl.co.uk/shares/shares-search-results/v/vaneck-vectors-junior-gold-miners-ucits-etf

2. https://www.hl.co.uk/shares/shares-search-results/d/db-x-trackers-stoxx-europe-600-oil-and-gas

3. https://www.hl.co.uk/shares/shares-search-results/i/ishares-physical-metals-physical-silver-etc

4. https://www.hl.co.uk/shares/shares-search-results/x/xtrackers-physical-silver-etc

 

thanks

I use blackrock gold and general for my paper gold too, its pricey in fees (over 1% a year) but I can invest small amounts monthly which I have been doing for the past 2 years. If I could do the same with GDX and GDXJ I would have used them instead. 

For oil I pick stocks, I buy the majors and have started looking through medium and small sized companies. I think many small companies will go bust.

Currently I own shell, bp, exxon, chevron and repsol - do you own research, they met my expectations and did not have a good first quarter, except for chevron. There might be better entry points coming up.

If you like your oil companies to be fluffy and climate change conscious then look to BP and Shell. The CEO's and board have been long obsessing about the green agenda. It might be a good thing, alongside oil and gas if they get into the right areas such as hydrogen, or it could be a disaster and hurt future returns. 

If you want oil companies that like oil and gas and share holder returns then Exxon and Chevron. Chevrons board always tells it shareholders to vote against any climate proposals, which is my preferred approach to that subject. 

This is just my opinion and not advice.