Anonymous

04 May 2020

∙

Is this the best time to buy energy sector ETFs like XLE? What do you guys think about it?

I believe energy sectors will definitely going to rise again in the next few years.. but I’m also afraid I am wrong about it haha. What do you guys think?

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Samuel Don Oh

04 May 2020

Hey there! The energy sector is currently very volatile and uncertain. There will be businesses in the energy sector that will go bankrupt due to the low demand in oil. You might want to consider commodity-based sector like precious metals instead if you want to veer away from other ETFs. Gold makes a good hedging compared to energy sector.
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