Anyone Investing In Oil? - GoFuckYourself.com

jollyperv · 06-10-2009, 02:31 PM

Stupid question I'm sure, but fuck...drops every winter then skyrockets in the summer, is it an idiot proof investment for someone with about 10k to blow?

I have the investment knowledge of a six year old retarded child so feel free to call me a dipshit or a faggot.

$5 submissions · 06-10-2009, 04:30 PM

It might be a good investment now since people use it as a hedge against the dollar. Dollar is weakening due to heavy debt. If hyperinflation ever breaks out, oil is a good place to be.

Simon Templar · 06-10-2009, 04:59 PM

i will invest in a nice ass cover of baby oil !

fallenmuffin · 06-10-2009, 06:44 PM

I've been investing in the financial sector, biotech and misc foreign ETFs

Forget oil.. think long term. "We're mad as hell and aren't going to take it anymore"

Adam_M · 06-10-2009, 06:52 PM

I invest in a few oil producing companies

Jake · 06-10-2009, 06:57 PM

Funny you ask, I just bought some Jul 50 calls on BP this morning. It's down a bit on the day but there's over 6 weeks until expiration and I'm sure it'll be profitable long before then. Oil is looking really good! There's a couple of oil related etf's I have my eye on for tomorrow if the technicals all line up.

pornguy · 06-10-2009, 06:58 PM

I have in the past and to me its not worth it unless you are going short term. and the returns may not be what you can get out of some others at this time.

There are a few banks that are going to rebound and if you have stock in them you will make a killing.

06-10-2009, 02:31 PM	#1
jollyperv Confirmed User Industry Role: Join Date: Nov 2001 Location: NYC Posts: 3,927	Anyone Investing In Oil? Stupid question I'm sure, but fuck...drops every winter then skyrockets in the summer, is it an idiot proof investment for someone with about 10k to blow? I have the investment knowledge of a six year old retarded child so feel free to call me a dipshit or a faggot.

06-10-2009, 04:30 PM	#2
$5 submissions I help you SUCCEED Industry Role: Join Date: Nov 2003 Location: The Pearl of the Orient Seas Posts: 32,195	It might be a good investment now since people use it as a hedge against the dollar. Dollar is weakening due to heavy debt. If hyperinflation ever breaks out, oil is a good place to be. __________________ Need a NON-ADULT income stream? We build your YOUTUBE CHANNEL for only $20 per video! For Hire: $3/hour or $400 per month Marketing Specialist Virtual Assistants

06-10-2009, 04:59 PM	#3
Simon Templar Registered User Join Date: Nov 2008 Location: montreal Posts: 96	i will invest in a nice ass cover of baby oil ! __________________ www.eldiablodvd.com www.patriciapetite.com

06-10-2009, 06:52 PM	#5
Adam_M Confirmed User Industry Role: Join Date: Mar 2006 Location: Australia Posts: 3,796	I invest in a few oil producing companies __________________ DiscountedPorn.Com ReviewedPorn.com

06-10-2009, 06:57 PM	#6
Jake Confirmed User Join Date: Dec 2001 Location: CO, US Posts: 3,056	Funny you ask, I just bought some Jul 50 calls on BP this morning. It's down a bit on the day but there's over 6 weeks until expiration and I'm sure it'll be profitable long before then. Oil is looking really good! There's a couple of oil related etf's I have my eye on for tomorrow if the technicals all line up. __________________

06-10-2009, 06:44 PM	#4
fallenmuffin Confirmed User Industry Role: Join Date: Nov 2005 Posts: 8,170	I've been investing in the financial sector, biotech and misc foreign ETFs Forget oil.. think long term. "We're mad as hell and aren't going to take it anymore"

06-10-2009, 06:58 PM	#7
pornguy Too lazy to set a custom title Industry Role: Join Date: Mar 2003 Location: Homeless Posts: 62,911	I have in the past and to me its not worth it unless you are going short term. and the returns may not be what you can get out of some others at this time. There are a few banks that are going to rebound and if you have stock in them you will make a killing. __________________ PornGuy skype me pornguy_epic AmateurDough The Hottes Shemales online! TChicks.com \| Angeles Cid \| Mariana Cordoba \| MAILERS WELCOME!