A (TAN)NING SALON Scorches Natural Gas Companies (POT) & (TRA)
A (TAN)NING SALON Scorches Natural Gas Companies (POT) & (TRA).
30 Days from today:
TRA has fallen almost $6
POT has fallen almost $7
TAN has meanwhile gained almost $5
Sure.... TAN's RSI is over 72% and overbought. But, this shows how wrong I was to believe the negative myths regarding index funds.
The myth is that an Index fund is safer than buying an individual stock in a sector (trying to pick the winner), but yields less returns.
Perhaps.... But, who has the time to care about that?
I chose AMAT applied materials as my Solar Stock and it's done little for me compared to if I were to have invested in TAN.
Ultimately, I am wrong about previously underperforming TAN and saying, "Solar eclipsed by Natural Gas?" It seems the investment community has already spoken loud and clear about the SOLAR versus NAT GAS debate.
And the clear winner is SOLAR. Therefore, I'm outperforming TAN this week.
I think I will invest in TAN soon as I am now certain of the value of having 1 INDEX fund in a portfolio as an insurance in case AMAT continues to unimpress.