The stock went down after I bought...I've been hanging on hoping that it will eventually go back up, but I wondering if I'm better off just selling and putting the money into a high ...
The minimum investment is $100... and the maximum investment is $25,000.
Here is what it looks like with just a $1,000 investment... re-deposited & (kept in) with 160.2% earned interest ...
And what advice would you give for picking the best stocks? Additional Details You know, like someplace I can buy and sell over the internet for like a buck or two a stock....
You can invest in stocks of oil companies, drillers, and rig builders.
ask me how
Buy canadian dollars, highly correlated to gold and oil price increases
chilicooker_mkb
Buy as many quart cans that you can at today's prices. Store them for fifty years and then you can set your own price when you sell them. There will always be antique cars and people that want the oil to make them run.
ETF Guy
You should look in to an Oil exchange traded fund. You can also get exposure through a commodities ETF.
crim
Buy shares of OXY highest free cash yield of any major. In five years they should have at least $15billion in free cash. also 5-7% increase in E&P, dividend has been rising 10% per year and no refining exposure. My other two oil picks for 08 are HES and MRO both undervalued by a nice margin. You can also play the refiners like SUN and VLO the crack spreads are way down and I swing trade them on the shoulder seasons for $10, $12, $15 per share gain the last couple times. SUN's trading in the low $70's target $90 but I'll prob. chicken out and sell in the low 80s. Also good safe money to be made in storage and pipelines the MLP universe ETP (target 40% gain 7% div yield); SUG; TPP; BPL; NS. Don't forget to add some Gold to your portfolio look for crude to hit $150 by 2010; gold should touch $1k by then end of 08.
good luck
BTW if you want to short oil open a DUG position
Chuck P
There are index funds that have oil companies you can buy. The other way is to buy the companies directly, although they don't usually run with the crude prices.
Frank Castle
Open a brokerage account at Zecco and buy the ETFs OIL and USO.