Posted by
Sherri in
Market,
Oil on
May 19, 2010 |
No Comments
We recently made some changes to some client’s holdings in the Vanguard Energy fund. The fund was supposed to be a hedge to inflation as well as a proxy for commodity prices (oil) and give us upside potential when the price of oil goes up. It did that for most of the past five years we held it (see blue line below). Lately though the price of oil and the mutual fund have moved...