I am 42 and told my edward jones guy to move some money to energy today. It cannot stay where it is. I got 20 years before it matters. I will take cheap gas now! (besides with the economy driven 2/3 by consumer indexes cheap fuel should result in more spending money for most working Americans -- economy will turn around if energy stays low once people start spending again)
I am 42 and told my edward jones guy to move some money to energy today. It cannot stay where it is. I got 20 years before it matters. I will take cheap gas now! (besides with the economy driven 2/3 by consumer indexes cheap fuel should result in more spending money for most working Americans -- economy will turn around if energy stays low once people start spending again)
I just started spending on wine and beer. Stocking up for the storm of the century.
Number one this is a huge buying opportunity for energy stocks...Even simple spiders and ETF's will give a good return over the next 12 to 24 months...
Secondly and more importantly Bruce hit the nail on the head... The world is going to end in the blizzard of 2016 so put your hands on as much of your favorite beverage as possible. Besides, liquor never seems to lose value...
My financial adviser told me not to buy energy yet. He believes the supply will exceed demand for the next year or better and that some energy companies will fold.
I know nothing about the market.. However I do trust my adviser.
Hybrid Mode
