Energy stocks!  

redmustang91 57M  
8725 posts
9/18/2005 9:36 am

Last Read:
3/5/2006 9:27 pm

Energy stocks!


I have been investing my retirement accounts in energy stocks and foreign emerging market stocks. These have done really well so far and my accounts are up 30% year to date. There are numerous ways to invest some in energy companies with the easiest being mutual funds or exchange traded funds like Energy spider XLE.

My latest interest is coal companies! They have been doing very well and are expected to continue to do so. Many coal companies are up 60% or more this year alone. The demand for steel and electricity generation has increased while supply is expanding more slowly.

Check them out as they are high but predicted to go higher!

It is good to save for your old age so you can be comfortable even if you continue to work at a slower pace.

Become a member to create a blog