![]() Related: $30 Oil Will Accelerate Much Needed Rebound There are not too many ETFs out there that are specific to the energy sector, but one look at the high yield bond ETF (JNK), which has significant energy exposure demonstrates that bonds have not been a good safe haven either. Bonds have not fared much better unfortunately. ![]() ![]() Oil itself in the form of the USO security has had the worst time of it, but none of the three have been good choices. USO is in blue, while the stock prices for Exxon Mobil and Continental Resources are in yellow and orange respectively.Īs the picture shows, it has been a miserable 12 months for all three assets. The graphic below illustrates this point. Of course that means investing in both the energy sector and other areas, but it also means investing in different types of energy sector assets. As stock markets continue to collapse with publicly traded energy producers bearing the brunt of that fall, investors should be reminded why it is important to diversify their portfolios.
0 Comments
Leave a Reply. |