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pscsbs | 8 years ago

If I wanted to invest in lithium, what companies or ETFs should I look at?

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comicjk|8 years ago

If you wanted to invest in lithium, someone should warn you that individuals without special knowledge should not get involved with picking commodities. You'll be buying a lot of volatility with no increase in expected return.

joshuamcginnis|8 years ago

Global X Lithium ETF (NYSE:LIT)

https://www.globalxfunds.com/funds/lit/

kogepathic|8 years ago

At 0.76% management fee and an average return over 5 years of 8.09%, you're better off just investing in an index ETF.

Their own comparison shows the index matching or beating the Lithium ETF in every metric.

* LIT since inception: 38.48%

* Index over same period: 45.82%

You also have zero diversification with a resource ETF. If you really want to buy into only Lithium then I won't try to talk you out of it.

But maybe consider Vanguard Growth ETF (VUG), the average return over 5 years is 14.4%, or nearly double that of LIT. [1]

[1] https://institutional.vanguard.com/iippdf/pdfs/FS967R.pdf

newguynewguy|8 years ago

GXY if you're in AUS.

GALXF (otc adr) if you're in US.

Last I checked, it's the only pure-play lithium miner that is producing and delivering.

NicoJuicy|8 years ago

I think ALB is on a low now after a drop ( after multiple gains), since the Sodium news.

Also, they are one of the better ones concerning revenue.

valuearb|8 years ago

Any equity index fund has some exposure to lithium, and will likely give you higher returns with no work on your part.