Part 5/10:
The Myth of Oil and Defense Stocks as Long-Term Winners
Many are tempted to buy oil, expecting prices to skyrocket during conflicts. While oil can be a cyclical play for skilled traders, as a long-term investment, its volatility and cyclical nature make it unreliable. For instance, oil surged to $130 briefly during the Ukraine invasion but subsequently fell back to around $70, offering no consistent growth over four years.