Im curious why an energy fund ( VGENX ) would be falling in value when the companies that comprise much of the portfolio are making money hand over fist.
I was trying to find a safe place and what I thought would be a good bet a few months back but the chart is just sh*t. Utilities (if my area of the country is any indication) are raking in the cash and gasoline prices are such that petrochemical companies are making more money than at any time in the history of earth, and the energy fund…. its taking a dump.
Wall street for the average Joe is less reliable than gambling
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