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To: plain talk

I’m thinking about investing in coal stocks how does that sound?


34 posted on 11/22/2016 11:33:15 AM PST by StoneWall Brigade
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To: StoneWall Brigade

“I’m 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&region=usa&culture=en_US


37 posted on 11/22/2016 1:00:56 PM PST by plain talk
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