RE:Any posters have a timeline to sell off fossil fuel stocks?A year or two ago, I figured I'd start watching in 5 or so years. My current thinking is to maybe start thinking abouti it around 2030.
Most people are eventually going to realize that all this renewables stuff is a total flawed farce and fossil fuels will be needed for many years to come.
My wife & I always buy in $5k increments and just added $5k to each of PPL, KEY, and ENB (along with BCE & CPX).
I wouldn;t be too hasty selling ENB as I really think midstream are going to have a heck of a good 2024. (lots of catching up to do as people sell tech and get back into divy stocks)
Ciao
Sarge
Whynottoday wrote: Sooner or later mankind will have to terminate it's use of fossil fuels, thus eventual sell off oil industry stocks, including pipelines. My thoughts are to sell Enbridge once interest rates start to decline and regardless, no later than the next couple years. Anyone else have a timeline to sell?