QUOTE(encikbuta @ May 16 2020, 08:16 AM)
i'm interested to hear why you mentioned XLE (Energy) has a lot of potential long term, haha.
coz i'm in working in the energy industry and i always advise ppl against investing in my sector. it's just so volatile & risky.
some ppl think, "ok wat, high risk means high returns!" but i'd say argue otherwise for the oil and gas sector. it's just high risk, period.
try googling "xle chart" then click "Max" on the chart duration @.@
Haha just like getah maybe, the government used to tell org kg tanam getah, because tires, gloves, basic living materials need it
But till this day, never recovers. Ya la the short 08-10 spike and maybe current pandemic will increase it slightly, but not in a long term.
As for energy, even before corona, the iran us tension didnt manage to push the price.