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re: Nat gas is a commodity that is same price today as 60 years ago and half of 2000s price
Posted on 2/1/24 at 8:55 am to Billy Blanks
Posted on 2/1/24 at 8:55 am to Billy Blanks
Billy, I deleted my original post. I am not going to guide my online friends at TD down a dark road that is natural gas futures. Anyway, 99% of what I typed would not be understood by the regular citizen financial warrior. I was setting all up to fail or be overwhelmed.
I go the Canadian route most times with natural gas for straight stock plays but that is outside my main area of expertise.
There are many in the Alberta Stock Exchange that have been very volatile yet profitable. I warn you though, things can get dicey on that exchange with natural gas related companies.
Of course, there are some good gas companies on the Toronto exchange. I warn again, fortunes have been made and lost there. The fortunes are made when the smaller companies are sold to Shell, Chevron, etc.
You need to understand Duvernay before gambling.
I go the Canadian route most times with natural gas for straight stock plays but that is outside my main area of expertise.
There are many in the Alberta Stock Exchange that have been very volatile yet profitable. I warn you though, things can get dicey on that exchange with natural gas related companies.
Of course, there are some good gas companies on the Toronto exchange. I warn again, fortunes have been made and lost there. The fortunes are made when the smaller companies are sold to Shell, Chevron, etc.
You need to understand Duvernay before gambling.
This post was edited on 2/1/24 at 10:14 am
Posted on 2/2/24 at 5:42 pm to KillTheGophers
Whats the best way to buy natural gas in an ETF to hold for 10 years?
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