Author Topic: Ways to invest in OIL  (Read 3423 times)

haggard

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Re: Ways to invest in OIL
« Reply #50 on: January 17, 2018, 08:59:42 PM »
I expect Teddy bears to catch up. As long as Teddy is benevolent again.

I also expect beanie babies to beat the market.

I know I know you're not trying to beat the market. Your just trying to..,.....  I'm not sure what you're trying to do. On one hand I can tie the market on the other hand I'm trying to beat. Nope that's not it. I'm not sure what I'm attempting here.

Look, I'm here to learn and expand what little knowledge I have on this stuff.  You don't like this idea for a small amount of my investment funds then so be it.  Is there something about this idea that attracts you so much that makes you keep checking on this thread?  What about this that you hate so bad requires you to continue to chime in with zero input?

I would completely understand your vitriol if I was asking for general help and kept defaulting back to timing the market, trying to beat the market, gambling, etc with my entire portfolio.  But someone discussing taking a risk with a small percentage and your responses are just a little immature.  I'm not here to pick battles, and might actually enjoy your help in other areas, but your post on this subject are beyond old and provide no substance to this discussion. 

haggard

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Re: Ways to invest in OIL
« Reply #51 on: January 17, 2018, 09:03:31 PM »
If you're really bullish on oil, have you thought about getting a job at an oil and gas company? Directional Drillers and MWD operators make REALLY good money, but it's a hard job. There's also plenty of engineering, IT, management, manufacturing, quality control, trading, well planning, GIS, administrative, transportation logistics, accounting, and many many more other professions.

Absolutely there is.  Who says I don't like what I already do?  There is a major difference in wanting to invest a little bit into the oilfield than wanting to pursue a job that is 100% dependent on it.  To expand on your job listings though, many careers and fields don't depend on the oil field but have access to it or can supply goods and services to it that don't demand on it on a day to day basis. 

clumlee

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Re: Ways to invest in OIL
« Reply #52 on: February 09, 2018, 07:07:33 PM »
I have shares in symbol OIL. I also play oil with the Alerian MLP ETF (AMLP). At least with AMLP I get a decent dividend out of the deal.

boarder42

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Re: Ways to invest in OIL
« Reply #53 on: February 09, 2018, 10:43:08 PM »
Oil down 3% since beginning of thread. And supply continues to increase. Looks to be a sound play

Scandium

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Re: Ways to invest in OIL
« Reply #54 on: February 12, 2018, 12:23:57 PM »

Yeah I have stayed from USO because USL has outperformed it,

The two are probably closely correlated enough that it doesn't matter, but chasing performance is usually a loser's game within the loser's game of stock picking.

Not criticizing, just trying to help out a bit because you said you're new to all this.

I don't have those stocks research in front of me, but when I put them side x side, it was out performing USO year over year for multiple years.  I feel like that is something to look at, no?

Yes, one outperformed in the past so is likely to underperform in the future. You bought high. Next I suggest you switch to the other one when your investment drops, so you can nail in that sell low strategy.