Group 1 - Wheaton Precious Metals (WPM) stock has more than doubled over the past year, significantly outperforming gold prices but lagging behind silver prices [1] - Michael Fitzsimmons, a retired electronics engineer, advises investors to build a diversified portfolio with a core foundation in a high-quality low-cost S&P 500 fund [1] - For those who can tolerate short-term risks, an overweight position in the technology sector is recommended, as it is believed to be in the early stages of a long-term bull market [1] - Fitzsimmons suggests considering large oil and gas companies for strong dividend income and growth, reflecting his background in the industry [1] - The recommended capital allocation approach should align with individual investor situations, including factors like age, risk tolerance, and financial goals [1]
Wheaton Precious Metals: Streaming High-Margin Silver And Gold Profits