Quote:
Originally Posted by ColdNoMore
Speaking of utilities, there's definitely one to steer clear of...at least for now.
No telling what their eventual liability will be regarding the devastating fires in CA, but right now...it doesn't look good.
The big question obviously, is will it be an ebb tide lowering other utility boats...as a warning of what could/can happen?
Or will it turn out be the best buying opportunity...in a long time? 
I guess we'll find out as the court cases (or settlements)...run their course.
Isn't it so exciting and fun...trying to predict the future?  |
I remember when all I knew about Pacific Gas & Elelecric was their 1970 hit Are You Ready?
Anyhow, my exposure to
utilities is a Utilities Select Sector SPDR ETF- symbol XLU. Very happy with the performance and low expense. And I don't have to worry about a single stock downturn.
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