What's UCO? The crude ETF? Assuming it is leveraged, make sure you know that in a flat market, the daily fluctuations will pull down anything other than a 1x fund, ergo they are not good for very long term holding. However, they can be fun short term.
With drilling restrictions and inflation, oil is probably a good bet.
What's UCO? The crude ETF? Assuming it is leveraged, make sure you know that in a flat market, the daily fluctuations will pull down anything other than a 1x fund, ergo they are not good for very long term holding. However, they can be fun short term.
With drilling restrictions and inflation, oil is probably a good bet.
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