Quote:
Originally Posted by V
So with all this bullish talk, am I supposed to be buying Canadian energy stocks now? I usually have all of my money in a passive index fund over the entire US economy, but should I be buying Cenovus now or something?
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If you live in Calgary your real estate value is tied to O+G. Depending on your job it is to a varying degree you job is dependant on O+G. So your question is should you become even less diversified?
If you are an index investor it’s generally because you don’t believe you have the ability to pick stocks or don’t have the ability to pick someone who will out perform the market. So if that is the case I don’t see why you would change strategy.