Re: Sage Advice For The Apprenticed Investor
Yeah the environment is tough now and unfortunately, I see it probably is going to get tougher going forward. It appears obvious the days of cheap energy are over for good
which I feel will be the biggest deterrent for meaningful future growth in the economy. I don't think the solution to your investments will be simple like switching over to energy stocks mainly because these companies aren't truly growth stocks as they will ultimately produce less product every year. If you note the return from crude oil surpassed the performance of most integrated oil stocks over the last 5 year period.
My suggestion for most people who don't spend 40 hrs a week researching and tracking potential investments if you are not debt free the best investment advice is to pay down your debt starting with your highest rate first.
If you do have the time my suggestion is to find microcaps with a small public float that has explosive earnings momentum and spot them before the crowd rushes in. Usually stocks that are on the bulletin board to the NASDAQ are good ones to choose.
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