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Stock impact report

Are You Actually Invested or Are You Just Gambling? [Yahoo! Finance Canada]

Suncor Energy Inc. (SU) 
Last suncor energy inc. earnings: 2/5 07:15 pm Check Earnings Report
US:NYSE Investor Relations: suncor.com/investor-centre
But if you are buying purely on the basis of price movements, you are not investing — you are gambling. Take oil stocks , for instance. They are trading at all-time highs amidst the Iran war. Jumping into the rally now for quick gains is not investing; it's gambling. By definition, gambling is betting on the outcome of future events or leaving your money to chance, instead of relying on fundamentals Are you just gambling in the name of investing? Oil stocks Commodity prices only rise to a certain point, beyond which consumption falls. Think of it this way: if rising petroleum prices start affecting your food budget, you may delay your travel plans. And if higher prices persist, groceries and necessities will overtake discretionary spending. Buying oil, gold, steel, or aluminum stocks too late in the rally is gambling, as you are buying an overvalued stock on the bet that commodity prices will rise further. While chasing a rally too late is gambling, buying every dip is also gamb Show less Read more
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