I’m thinking about investing in coal stocks how does that sound?
“Im thinking about investing in coal stocks how does that sound?”
If it’s a part of a larger investment basket of funds then perhaps. You might be a bit late to the game. Hard to beat the pro’s & their machines on timing. That’s why I just spread it around in various asset classes and leave it alone. I don’t like all eggs in one basket kind of investing.
But since you asked I saw that KOL has doubled this year ... most of it before the election. Of course it had negative double-digit returns for the previous 5 years. Ouch!
Here is an article from 2012 - three years ago. It is impossible to time these moves.
http://www.fool.com/investing/general/2012/11/18/position-yourself-for-a-coal-recovery.aspx
http://quotes.morningstar.com/chart/etf/chart.action?t=KOL®ion=usa&culture=en_US