SLV has had a long good run, I’m up 42% since 09/08/10 when I bought the ishares at $19.5499. Now I’m ready to sell.
Today the chart has continued to move in a downward trend, with a first line of resistance at $86. People are moving out of treasuries right now, so I am continuing to keep an eye on this iShare. I think long term, I want to own this.
This is rated 4 stars by Morningstar and is considered very low risk with a below average return. Read: Safe
The fund is nondiversified with 100% of its investment in Financial Service. It is my single word performing investment with a 54.37% negative return. A small holding with a big loss. Is now the time to invest more in ICF?