I made a nice 35% return on VDE (vanguard energy ETF, which is mostly oil) and cashed out last month because I saw it was getting near ATH and I wanted to simplify my portfolio.
In hindsight it would have been great to hold through this Russia stuff. I heard today that OPEC isn’t going to increase capacity. So oil will continue to climb right? What forces do you think will bring prices back down? Release of the strategic stockpile? A ceasefire in Ukraine? I’d hate to jump back in to VDE and lose it all. But it’s where all the movement is right now.
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