🦧 i used to trade 11 etf's and that was all
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🌊 a perfect way to practice macro trading
here are 11 sector etf’s that can potentially make up your entire stock portfolio and wouldn’t even be a bad bet, imo! (quick definition of etf’s)
here are the 2 of my favorite tickers out of the list and why! (will go over other ones in the future!)
it’s a little tricky, but in general, the etf share price aligns with how well the underlying companies are doing
crude oil prices are generally up more than 20% this year, mainly due to sharp decrease in supply (russia x ukraine) for an uncertain, extended period of time
it can’t be a 1:1 perfect ratio, but the underlying companies of the etf have been hitting record highs in revenue
so #xle can be a good way to play the market’s uncertainty around rising energy prices
whenever i feel a recession coming, it’s already happened, or there’s a general panic and uncertainty in the market about the economy in the medium to long term, i just go around and tell my friends to park a little bit of money here
the logic is simple as abc – in the midst of all the craziness, people are most likely going to still pay their bills
that’s an oversimplification, i often look back and realize that maybe that’s all i had to think…!
no crazy gains, gains nonetheless
pays good dividend too
💡 something im thinking about
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