Stocks and mutual funds and such
So here's a poll - how heavy are folks invested in:
Oil/Gas
Other energy
Gold/precious metals
Other natural resources
?
Overall, I think we're probably 35-40%, well over half of which are the top two (energy).
Here's some investments I'm thinking about lately:
- Foreign gold. I'd like to get into gold, but if I do I'd like to get into a foreign security or fund, but I'm not sure which. any suggestions are welcome.
- Andarko. They bought some really nice gas reserves recently in its acquisition of whatchacallit. Folks didn't like it much, but I did - gas is only going up.
- PBW - it's an ETF that invests into a basket of clean energy stocks. The only one I could find like it. We own a fair bit already but am thinking about more.
- EPNIX - it's an aggressive oil & gas mutual fund that uses derivatives to match 150% of I believe the Dow Jones Oil & Gas index. Volatile and heavily into domestics, but something to think about nonetheless.
Here's what I'd like to get into if I were a little smarter about stuff:
- Something that would be inversely proportional to the dollar since it's going to collapse well before other currencies will. The bastards aren't letting me short the dollar like I'd really want to, so I need to figure out a proxy.
- A mutual fund that owns a bunch of trees and property, but doesn't get into the business of making and selling paper or other tree-based products.
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