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Twist things around however you want, but VGPMX [0] invests in the companies producing precious metals. 1/4 of the portfolio is that. [0] https://investor.vang
by latchkey 2y ago
Twist things around however you want, but VGPMX [0] invests in the companies producing precious metals. 1/4 of the portfolio is that.
[0] https://investor.vanguard.com/investment-products/mutual-funds/profile/vgpmx https://investor.vanguard.com/investment-products/mutual-fun...
- Aloisius 2y agoVanguard invests in bitcoin companies. They just don't have a dedicated ETF or mutual fund. For instance, Vanguard is one of the largest institutional investors in MSTR and MARA.
- latchkey 2y agoMSTR is now a direct proxy for btc, and MARA definitely is. Having massive investments in those stocks while claiming "we only invest in companies, not crypto", feels super wonky to me.