at 53, we FIRED in March 2020. We're using 21% of our net worth to fund our years before 401K years. We keep that in tech-heavy index funds. But, as many have noted, institutional investment in the market is trying month after month to diversify out of tech and into other areas since late July 2020.
So, as a believer and consumer of Solar and the US election indicating a much more anti-fossil fuels attitude, and the electric car industry, headed by China, going through the already shattered ceiling ... I thought it might be a good idea to invest in Lithium battery technology.
So, I've started taking whatever tax-loss harvests I can this year and putting it into the ETF LIT. LIT reportedly invests in the entire Lithium battery supply chain, from mining to manufacturing to POS.
But ... I got burned by USO.
Does anyone have any dirt on LIT? Is this a poor strategy?
Thanks.