Have you enjoyed the rides lately in oil and gas, and gold stocks?
Did you miss them?
Do you care?
You can’t own everything, one old market axiom goes.
And you don’t need to own everything that is going up, is another one.
Investors who chased oil, for example, in the last week got an ugly surprise after crude had its fastest surge in history, touching $130 a barrel, only to drop at an even faster pace back to where it came from.
Gold also jumped well above $2,000 an ounce and then retreated quickly.
And you’ve likely heard that nickel, wheat, and other commodities, soft and hard, have experienced lots of wild volatility.
Are you comfortable with that kind of turbulence to make a few bucks?
You don’t have to deal with any of it.
In this ongoing discussion with a veteran portfolio manager, find out why experience has told him you don’t have to feel like you’re missing out on the action in oil, other commodities, and gold.
Watch the conversation here.
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Oil Shocks & Rising Rates Preceded Recessions 10 of 10 Times Since 1954