View single post by KGB
 Posted: Mon Apr 27th, 2020 06:40 pm
PM Quote Reply Full Topic


Joined: Wed Jul 4th, 2012
Posts: 1498
Franchise wrote: Oil looks pretty scary especially with the worldwide glut and a worldwide partial shutdown.

I’m not an investing master but I don’t see how oil makes a rebound anytime soon unless it is artificially propped up because in reality Saudi Arabia, Russia, Iran, Venezuela, etc etc could just flood the market.

I wouldn't be in any rush.  I'd just like to plunk down some money and then come back to it in the future.  I'm just not sure if buying stock in one of the big producing companies is the best route or if there are other opportunities.