Investing Is Boring

Investing Is Boring

Many investors and traders have lost a lot of money on the price of oil falling so far so fast, and some have lost jobs too, very good jobs. Since oil began to fall in July of 2014, traders all over the world have been trying to call the bottom, and bet large they could buy right as oil bottomed, so as to profit on the way back up. This has been a seriously bad trade, losing traders billions in those 6 months. As an illustration, most oil ETF’s have lost in excess of 80% of their value since July 2014. And still, some traders continue to tempt fate by investing in oil vehicles.

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