RE:anyone all in on energy is going to loseRespectfully......
I disagree with most of what you've said.
As for a "massive crash" - that was April 2020 - saw it - bought it
And I continue to ride this yo-yo as you describe it.
I've seen this short game played for 3 years. we hit a 52 week high, stock pulls back....
Then suddenly the BB gets filled with posters saying move to cash; there are better options out there; I'm moving on....
As you fit the above dialogue, that implies you are short - but hey, all the power to you.
But I'll take the 11% divy over a 4% any day of the week
As for risk being high - there is also huge risk in being in cash; huge risk in bitcoin; huge risk in Tesla .... It's the stock market after all....
Risk .... Reward
If the risk is really high..then the potential return is also really high
and that's why I'm here.
Cheers
lashing wrote: I have less than 20% invested. Money market accounts pay at least 4% right now to store cash.
Energy is going to hit a wall with the recession. The risk is REALLY high that we'll see bargain basement panic selling this year. Its kinda funny to watach people sweating these yo-yo days. Wonder how they will sweat a massive crash. Oil stock never escapes a stock crash, its generally first and fastest to fall.
thats when I'll pull out the remaining 80% for long haul hold.