12-05-2014, 07:32 PM
So Oil is incredibly low right now... and odds are it's going to go back up.
I'm asking as an ignorant stock guy, so if something sounds stupid...
From my quick research, buying into the United states Oil fund is like buying into barrels of oil(although it doesn't seem to be a 1 to 1 comparison as Oil is like $65 right now and the stocks are right about $25.
To the ignorant stock guy, this seems like an easy win... why is that wrong?
I'm asking as an ignorant stock guy, so if something sounds stupid...
From my quick research, buying into the United states Oil fund is like buying into barrels of oil(although it doesn't seem to be a 1 to 1 comparison as Oil is like $65 right now and the stocks are right about $25.
To the ignorant stock guy, this seems like an easy win... why is that wrong?
I don't own kid gloves.
Steam Friend Code : 1636490
Steam Friend Code : 1636490