Gaamy
2022-03-25

I prefer $Rio Tinto Ltd(RIO.AU)$and $BHP GROUP LTD(BHP.AU)$. These are twp of the largest mineral resources mining and processing companies in Australia. They offer dividend yield above 9%. Australian banks offerdecent returns too. 

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Comments

  • MR_Wu
    2022-03-25
    MR_Wu
    Is it too late to buy mining stocks now?
    • MR_WuReplyGaamy: 
      It seems that commodities will not fall in the short term.
    • Gaamy: 
      It does seems these stocks are back at pre-pandemic levels.commodities price may stay elevated due to geopolitical tensions and countries coming out of pandemic potentially benefitting the stocks.
  • extractoi
    2022-03-25
    extractoi
    What you prefer is absolute a good choice and good luck to you.
  • ElvisMarner
    2022-03-25
    ElvisMarner
    The economy is recovering, and I am bullish on the rise in resource stocks.
  • MortimerDodd
    2022-03-25
    MortimerDodd
    It appears that these two stocks are suitable for long-term holdings.
  • LouisLowell
    2022-03-25
    LouisLowell
    I am holding Rio Tinto Ltd and will not be selling for now.
  • EvanHolt
    2022-03-25
    EvanHolt
    Nine percent dividend yield? really not bad.
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