RE: One Week of War in Iran

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I won't touch surveillance companies like Palantir or weapons companies like Raytheon despite ridiculous profits because I don't want to support their war mongering. On the other hand, I'm a huge fan of Costco (and its dividend bearing stock) because they are the only big box company that helps to increase property and commercial value when they move into a new neighborhood. Walmart and Target do the opposite and destroy value when they move into a region.

The only financial move I made last week when I left the club at 4am and noticed we had gone to war in the middle east was snap up oil contracts at $65/barrel. We already hit my first target of $90 quite easily, so I've booked enough profit that is more than what I earn teaching for 3 months! If we go to $120/barrel, which I think is still in the cards, then I will have doubled my yearly income. War is stupid, I don't like this at all, but at least there is a crude lining to it.



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Great job, it may go to $120 or higher, but don't get greedy, book your profit on the way up.

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Wise words. I will take a little bit at $100, but I think this war goes on longer. BRICS is ready to make USA suffer and oil is one way to get away from dollar.

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Just keep in mind that nobody ever became broke taking profits 😉

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