overconcentration

Last Year, Energy Stocks Went Bust - Did Your Portfolio Go Bust With Them?

Last Year, Energy Stocks Went Bust - Did Your Portfolio Go Bust With Them?

Energy securities once regarded as moderate risk can shift into high or very high risk if the natural resources or benchmarks they’re tied to swing dramatically, as did crude oil prices last year. That means that those oil and gas company stock and bonds your broker recommended or purchased prior to this year may have become unsuitable for you as fracking oil/energy boom went bust.