Well, if people want to be stupid and buy gas guzzeling SUVs and trucks more power to them. When gas prices go up, I just have no sympathy for them.
https://www.businessinsider.com/a-supply-crunch-in-the-oil-market-looks-inevitable-2018-8
Might take a few years for oil to really go up.
The smart play might be to go get a EV in a few years – there’ll be lots more choice by then. VW is investing $40B in EVs in the next 5 years.
GM might be the better stock play with their autonomy investments, or NVDA if you want to go pure autonomy, but it’s expensive.
T just seems to be a dividend play, doesn’t seem to appreciate much. I think the problem is that you get your 6%, but you miss out on the 60% gain vs the S&P in the last 4 years. Or that it has $190B in debt
