Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

best way to invest in oil

  • 29-07-2015 9:59am
    #1
    P_Cash
    Registered Users, Registered Users 2 Posts: 722 ✭✭✭


    Oil for medium to long term investment,

    What instrument?

    What broker?

    5k to invest.


Comments

  • #2
    aristotle25
    Registered Users, Registered Users 2 Posts: 697 ✭✭✭aristotle25


    I'd suggest invest into oil companies if you mean something different.

    ETF options...
    http://www.dummies.com/how-to/content/investing-in-oil-company-exchangetraded-funds.html

    Or invest direct into likes of chevron, exxon, BP, Royal Dutch Shell.
    With 5k you might go ETF route or pick 3-4 companies.


  • #3
    P_Cash
    Registered Users, Registered Users 2 Posts: 722 ✭✭✭P_Cash


    aristotle25 wrote: »
    I'd suggest invest into oil companies if you mean something different.

    ETF options...
    http://www.dummies.com/how-to/content/investing-in-oil-company-exchangetraded-funds.html

    Or invest direct into likes of chevron, exxon, BP, Royal Dutch Shell.
    With 5k you might go ETF route or pick 3-4 companies.

    Cheers, yes was looking at those companies.

    However with oil where it is, i was expecting more of a discount from their 52 wk highs


  • #4
    For ever odd
    Closed Accounts Posts: 608 ✭✭✭For ever odd


    Have you looked at gas? Could outperform oil in the long term.


  • #5
    Tugboats
    Banned (with Prison Access) Posts: 2,011 ✭✭✭Tugboats


    Have a look at Caterpillar


  • #6
    arrowloopboy
    Registered Users, Registered Users 2 Posts: 1,154 ✭✭✭arrowloopboy


    Have a look at ......waiting till $40(light sweet) ,opening a rolling 6mth spread bet (with Ig)or similar ,staking E5.00 a point (per 1 cent movement) ,and setting your s/l at $30 (can't see it getting their) ,and waiting till $70 ,for 300% (tax free)profit .
    Note , cost of production is around $35 a barrel (on average),so basically oil has an intrinsic value of $35 a barrel,a companys share price can go to zero.
    A lot of ETFs don't track the price properly ,they go down properly ,but lag going up :rolleyes:.

    EDIT,misread your post ,you're wanting to invest,what I've outlined is a trade ,which is frowned upon on here by the Ben Graham brigade.


  • Advertisement
  • #7
    P_Cash
    Registered Users, Registered Users 2 Posts: 722 ✭✭✭P_Cash


    arrowloopboy wrote: »
    Have a look at ......waiting till $40(light sweet) ,opening a rolling 6mth spread bet (with Ig)or similar ,staking E5.00 a point (per 1 cent movement) ,and setting your s/l at $30 (can't see it getting their) ,and waiting till $70 ,for 300% (tax free)profit .
    Note , cost of production is around $35 a barrel (on average),so basically oil has an intrinsic value of $35 a barrel,a companys share price can go to zero.
    A lot of ETFs don't track the price properly ,they go down properly ,but lag going up :rolleyes:.

    EDIT,misread your post ,you're wanting to invest,what I've outlined is a trade ,which is frowned upon on here by the Ben Graham brigade.

    No problem, i like trades also 😀


Advertisement