03-03-2022, 11:06 AM
(03-03-2022, 10:43 AM)EricL Wrote: All in on energy/commodities in my trading account now.
Sold NVDA, GOOGL, FB and bought some more oil/gas, coal, and copper.
Holdings in my trading account are roughly 5% of my investments and now include:
ARCH, ATHOF, BTU, CHK, CPG, CRSXF, CVE, EGY, ENPH, HP, ICD, OBE, OXY, SCCO, SEDG, VET
Right or wrong, I think most of these names are still priced off $75 oil and I just don't see prices returning there anytime soon based on the current supply/demand situation.
My current plan is to let these run and use dividends they generate to invest back into tech and other ideas over time.
With all your experience this looks like a rookie move
You even have some penny stocks in there lol. Never sell quality for the quick buck