Re: Investment Opportunities?
Originally Posted by
MZac
As far as when to buy don't let anyone tell you they know when the bottom is coming. No one does, just like no one knew the day it was going to start.
Your strategy should depend on how much you have to invest, your risk tolerance level, core values/beliefs, etc. Only you can answer alot of those questions.
If you have a long term outlook it won't matter that much. 30 years from now buying right before it started going down (at the peak) is still going to look like a great move.
If you're new to this I would suggest looking at index funds that cover the entire market or if you really want to invest in oil then I would look at a low fee mutual fund or etf that owns a bunch of oil companies so you aren't putting all your eggs in one basket.
Cool, thanks
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