TSX:HOD - Post Discussion
Post by
smallcaptdr on Jul 02, 2022 3:28pm
HOD = No Brainer!
I never use the word "No Brainer" because its associated with BB pumpers but I am passionate about expressing my beliefs that Oil will head back down to or at least $95 bbl this year or even more by next year. Here's a fact about ETF, If you're a disciplined investor you can make million$ even if you earn a average salary, you don't need to be an expert stock picker or own tons of investments to build a 6-figure nest egg and with HOD you're investing on the fact that Oil at some point will trade lower than these highly inflated Oil prices due to a number of factors but we have an ace in our pocket if you buy shares of HOD because of the Governments Globally have been raising interest rates including but most importantly one the US the World’s largest economy is being slowed down to a point that can cause a recession and the DOW and TSX have been in a free fall because they always trade 6 months ahead and Oil's history has proven Oil will decline 60% from today’s prices. The "one" word about investing in HOD is being "Disciplined" you need to "buy and hold" and the higher the Oil price is the better it is to buying those shares cheaper and what I have done is to buy a large position in HOD which I don't even look to see what the daily SP is because all I'm waiting for and watching is for Oil to start trading under $100 bbl than I know that I'm in the money and one of the things that you should know about HOD ETF is that the EFT's net asset value is calculated throughout the day as the underlying CL Future contracts changes and the Bid & Ask have been historically within $0.01 or $0.02 of the NAV meaning that the share price is at a fair value daily in comparison to the price of Oil. Some of my prior posts explain other factors in regards to HOD. No need to worry about revenues, management, or even where the TSX is at other than the price of Oil and that’s why I have used the phrase "No Brainer" and one last point, invest money that you won't need access to for a while just to be safe! And always read and DD in any stock before you buy or sell and BB are only useful as points of interest, NEVER Buy or Sell going only by BB posts including my posts. "Buy & Hold" and you'll make money!
JMHO (always DD)
Heres a couple of links of interest dealing with ETF and Oil. (read and DD) Horizons ETF created HOD
https://www.horizonsetfs.com/etf/HOD
https://www.nasdaq.com/articles/investing-in-this-etf-right-now-could-make-you-a-millionaire-retiree
https://www.marketwatch.com/story/oil-at-55-why-one-strategist-is-betting-against-the-only-winning-asset-class-of-2022-11656586013?mod=mw_more_headlines
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