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Best ETF to Trade Lumber and Timber
Welcome to this [Best ETF to Trade Lumber and Timber] video by [Beachbum Trading]. Today, we will be discussing our ETFs for timber and forestry. As you can see, lumber shows that wood is currently at a high value, thanks to a recent surge in demand for lumber. We also have a specific ETF for timber and forestry, called the Timber and Forestry ETF. It is currently performing well and has potential for further growth. Let's take a look at our research tab to see if we have any other ETFs related to lumber. Unfortunately, we don't have a short position on lumber. However, we do have an ETF called WOOD and another ETF called CUT, which specifically focuses on timber. Both of these ETFs show a positive risk-reward profile and have room for growth, with CUT also paying an annual dividend. This ETF tracks the Timber Global Timber ETF, and is another option for those looking to invest in timber. In comparison to WOOD for lumber, this shows a different way to play timber in the market.
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CHAPTERS
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00:00 - Lumber Timber ETFs
02:45 - BeachBum Trading Sites
03:33 - Discord Invite
TRADING PLATFORMS
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#WOOD #Lumber #Timber
REFERENCES
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Weekly Trading Game Plan Notes for 3/4 – 3/8/24 - Part 1 https://docs.google.com/document/d/1UJkuj6pNz8_SanakaLm5nrmRg9Jtfm-KUyuYcVeIv8A/edit?usp=sharing
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