What a difference a rate makes.
With the signing of the new tax bill into law, the value of some funds investing in energy stocks will go haywire, shooting up by 10% or more….
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This article was originally published on The Wall Street Journal.
Further reading
Jason Zweig, Your Money and Your Brain
Jason Zweig, The Devil’s Financial Dictionary
Benjamin Graham, The Intelligent Investor
The Dark Side of Higher Yields
Energy Funds: When Discounts Don’t Go Deep Enough
Why Falling Oil Prices Startled MLP Investors
Lessons From Oil’s Black Friday