A coal mining company has been writing protest letters for allied policymakers and business groups. These letters are almost identical to one another requesting time extensions to begin implementing new rules in dictating the coal industry. Sketchy, right?
Big Coal and Big Oil are dead men walking. So if you have hopes in retiring on them, think again. Stocks in these companies will get you nowhere—they're outmoded and prone to crashing. It's time to put your securities elsewhere.