I am an oil trader and financier; a business which has been a huge economic beneficiary of the sustained increases in oil prices, drilling, refining and related processes. As such, the amount of wealth created in energy-related investments has been enormous and, not surprisingly, a vast majority of individuals have overweighed portfolios in energy with the expectations that “oil prices can only go up.” Of course, this sentiment is certainly understandable when you look at the performance of the energy sector versus the S&P 500 since the turn of the century.
Not surprisingly, the recent plunge in oil prices, and related energy stocks, has sent investors scurrying for cover. Previous “complacency” has turned to outright “panic” as portfolios, and retirement plans, have been crushed by plunging asset prices.
For More: Investing in the public markets
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Not surprisingly, the recent plunge in oil prices, and related energy stocks, has sent investors scurrying for cover. Previous “complacency” has turned to outright “panic” as portfolios, and retirement plans, have been crushed by plunging asset prices.
For More: Investing in the public markets
Thank You
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