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  LiveWire / Teen Forums / Science & Business / Viewing Topic

invest in oil
Replies: 15Last Post Jan. 1 5:18pm by gekkouno
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( iconoclast )

corporate drone

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i plan to invest in oil right around now when the price has been crashing and ride the wave up

whats the best way to do this, best company, method, etc, because i have no idea about this shit except for 'stocks'

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8:21 pm on Dec. 3, 2008 | Joined: April 2005 | Days Active: 792
Join to learn more about iconoclast New Jersey, United States | Straight Male | Posts: 37,384 | Points: 48,675
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ss454


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Invest in Exxon.

Can't lose.

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8:22 pm on Dec. 3, 2008 | Joined: Jan. 2008 | Days Active: 484
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Clouse227


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Have you done your homework?

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8:22 pm on Dec. 3, 2008 | Joined: Nov. 2007 | Days Active: 496
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ss454


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My bad....ExxonMobil

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So if you're tired of the same old story, turn some pages;
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8:22 pm on Dec. 3, 2008 | Joined: Jan. 2008 | Days Active: 484
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( iconoclast )

corporate drone

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Quote: from Clouse227 at 11:22 pm on Dec. 3, 2008

Have you done your homework?
to some extent, i need someone to point me in the right direction, but i know quite a bit about oil in general

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8:23 pm on Dec. 3, 2008 | Joined: April 2005 | Days Active: 792
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dreamweaver


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I wouldn't do it at all with the gas companies, personally. Way to risky, especially now.

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8:23 pm on Dec. 3, 2008 | Joined: June 2004 | Days Active: 1,332
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roflfuckyou



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i don't know what companies to invest in, but ask around, see if there are any predicted companies that will go up soon.

and don't invest too much as the stock markets are crashing everywhere


8:24 pm on Dec. 3, 2008 | Joined: June 2008 | Days Active: 446
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Clouse227


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Quote: from prisoner of hss at 8:23 pm on Dec. 3, 2008

Quote: from Clouse227 at 11:22 pm on Dec. 3, 2008

Have you done your homework?
to some extent, i need someone to point me in the right direction, but i know quite a bit about oil in general

oh ok. For a sec I thought you were going to walk into something blindly.

I really wouldn't ask lw unless you want info on what not to do. I'd ask someone who you personally know and has invested in stocks.

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8:25 pm on Dec. 3, 2008 | Joined: Nov. 2007 | Days Active: 496
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( iconoclast )

corporate drone

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Quote: from dreamweaver at 11:23 pm on Dec. 3, 2008

I wouldn't do it at all with the gas companies, personally. Way to risky, especially now.
the oil companies are pretty rich in general

theres no way that these prices are going to stay low as hell for long, gas is around $1.50 here

it might keep going down but within 5-10 years itll probably be way higher than even $4

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8:25 pm on Dec. 3, 2008 | Joined: April 2005 | Days Active: 792
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Jettie12



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Bring a barrel and go visit your local gas station.  That's probably the simplest way to invest in oil; buy it in great amounts and don't use it.

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9:40 pm on Dec. 3, 2008 | Joined: June 2007 | Days Active: 666
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( iconoclast )

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Quote: from Jettie12 at 12:40 am on Dec. 4, 2008

Bring a barrel and go visit your local gas station. That's probably the simplest way to invest in oil; buy it in great amounts and don't use it.
hahahahahaha

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11:18 pm on Dec. 3, 2008 | Joined: April 2005 | Days Active: 792
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Jettie12



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Quote: from prisoner of hss at 2:18 am on Dec. 4, 2008

Quote: from Jettie12 at 12:40 am on Dec. 4, 2008

Bring a barrel and go visit your local gas station.  That's probably the simplest way to invest in oil; buy it in great amounts and don't use it.
hahahahahaha


CanRoys?

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I snort like a true woman. - CherryD
Black, get in the back, Brown can stick around, but not with me,
Yellow, best not be mellow, the Red band can go to hell man,
And White, continue to do what's always right.

11:22 am on Dec. 4, 2008 | Joined: June 2007 | Days Active: 666
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piejesu


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I agree, investing in oil or precious metals right now might be a potentially frugal oppurtunity. As the government dumps money into the economy and the global peak production capacity of oil is hit, we'll start riding the downward end of the "bellcurve" of oil production trends, and prices will rise as resources dwindle with increasing competition. And the value of precious metals will increase as the value of the dollar weakens. Oil is very variable and volatile in a market sense and it can become quite tricky to predict on a short-term scale, but to me this looks like the direction it is heading.

10:45 pm on Dec. 19, 2008 | Joined: Nov. 2008 | Days Active: 119
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economist


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Investing in oil has to be a good idea in the long term, as it runs out the price can only go up.
But the current economic climate will hamper any growth i n the price and it is lilely to stay down for a while to come.
Long term investors need to be aware of the long term shift to other options, the price will stop rising

2:04 pm on Dec. 31, 2008 | Joined: Dec. 2008 | Days Active: 67
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uWhiteMage


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Invest is companies that sell carbon credits and then lobby for a carbon tax. Your wildest dreams will come true.

Post edited at 11:30 am on Jan. 1, 2009 by uWhiteMage


11:29 am on Jan. 1, 2009 | Joined: Dec. 2008 | Days Active: 24
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