It’s the beginning of the month and I’ve got a few investing ideas for the Financial Rebel Fund in July. While I’m looking into a few possible sectors, the common theme between all the possibilities is dividends.
The fund isn’t a flash in the pan or a short-term investment. It’s something that will grow over years. I want to start it out right, which means investing in some blue chip stock(s) with healthy dividends.
The energy sector has been on fire all year long. Oil prices continue to rise and there’s seemingly no end in sight. One way to profit in the energy sector is to buy the Exchange Traded Fund XLE.
Before I continue, I must note that as of this writing (July 12, 2007) XLE is in my portfolio.
Energy Select Sector Spdr Fund (Symbol: XLE) is traded on AMEX and it closed at $73.23 on Wednesday.
Add RSS feed to your RSS reader
Subscribe to Financial Rebel by Email
Follow Jason A. Martin on Twitter: Jason A. Martin
Email: jmartin@jasonamartin.com
My name is Jason A. Martin and this is my investment blog. Back in Jr. High School I fell in love with an electrical wiring company's stock on Wall Street. After following the stock daily in the papers—the Internet wasn't around back then—I sent them a letter and they sent me back all sorts of wonderful information about their company.
In High School, we had a stock market contest. All the kids were picking companies that made stuff they consumed. When I announced my beloved company, I was laughed at. Little did they know that my company was going to be the subject of a takeover soon.
Long story short, I won the contest and have made money in the stock market, through real estate investing, currency trading and so forth.
I hope you enjoy Financial Rebel. If you do, please leave your comments and share this site with those you know.
Jason