two days after the election and with anticipation of “drill baby drill”, we moved into this US domestic energy SPDR...
https://finance.yahoo.com/quote/XLE/?guccounter=1
So far, up from $86.30 to $92.31. It’s taken a couple down moves in recent days, but was up to $94. The overall high has been $99.
Anticipating that after one year this will be at, or over $100, or a ~14% return. We probably should’ve bought more shares than we did, but currently up 7% and trending in the right direction. If this dips to $86 again, we’ll definitely look to invest more as a long term (2 year) hold position, right around the mid term elections
Just data for anyone considering investment positions aligned with this administration’s goals. During the early days of coof, a freeper.posted about a domestic surgical mask manufacturer. Looking into it, we bought heavy at $6.75 and it zoomed up to nearly $38. As it dropped we sold incrementally, with our final and lowest sell at ~$18. Made a great return, even though the hold window was short and subject to short term capital gains tax. No complaints about the taxes as our portfolio did very well in those down turns. Because a freeper (who’s name unfortunately escapes me at the moment) blessed us, I post this to maybe bless others, as a “pay it forward”.
YMMV
Much appreciated!