[Excuse the verboten "timing" reference ... ]
This is very idle chatter at the moment, but we're thinking about eventually investing in Vanguard's energy fund. Prices are coming down slowly, and of course this sector has had quite a run. For long term, I do think it makes sense to have a dedicated investment here (on top of a large base of broad equity index funds, etc.). We think the "Peak Oil" debate and concern makes sense during this century ...
The minimum investment is $25K, and I believe they recently re-opened the fund. I'm guessing it might make sense to go in during 2006 or maybe 2007. None of us know the future, but anyone else on the board thinking about this down the road? How will you make your entry decision?
This is very idle chatter at the moment, but we're thinking about eventually investing in Vanguard's energy fund. Prices are coming down slowly, and of course this sector has had quite a run. For long term, I do think it makes sense to have a dedicated investment here (on top of a large base of broad equity index funds, etc.). We think the "Peak Oil" debate and concern makes sense during this century ...
The minimum investment is $25K, and I believe they recently re-opened the fund. I'm guessing it might make sense to go in during 2006 or maybe 2007. None of us know the future, but anyone else on the board thinking about this down the road? How will you make your entry decision?