You can pick one or more companies. If you are investing in more than one, please specify how much money you are putting in each company.
15 replies (most recent on top)
@5skr+1dyuiQyG is an id--t , 100k 10 years later is not 100k today.
The reason wall st put money into Chevron is the yield, Lets say it 4% per annum
Thats a lot more than the yield in bonds. Jeez no wonder the company is in trouble with id--ts like that.
4% compounded is about 100K + 18k
If you put your $100K in CVX ten years ago, it would still be $100K today. If you put it in the S&P500 it would be about $500k today.
Anyone else see the go fund me about the off campus site?
It's been short "handed" since all the remote work.
I’d put all of it in WD-40. It’s been around for years and will continue serving a vital purpose. I know it’s more of than a lubricant company than it is an oil company, but let’s not split hairs too much. That’s where I’d put $100k if I had to choose an oil company. A second lubricant company I’d put money, if I had to choice an oil company, is the K-Y company, because let’s face it, the world is never going to quit f*cking. It’s too much damn fun.
@3uju, I don't know what that is and I'm fairly certain no one else does.
I'd invest it in the off campus site. At this point oil is going down the drain and workers need a place to let off some steam.
I'd spread it around. Some to Aramco. Some to a US independent, maybe Pioneer. Some to Equinor. And I suppose 1/3, 1/3, 1/3.
@sbb no, like you are. the poster below just point it out to you and left. look in the mirror.
@xhb+1dyuiQyG:
Like you’re doing?
Chevron. Hands down. But wouldn’t do it with my money.
Tesla stock may be an OK investment but the vehicles themselves are overpriced and use more hydrocarbons to build and power/charge than many newer efficient ICE powered cars. Not to mention the toxic waste disposal unaccounted for.
So there's that.
I would buy myself a new Tesla instead. Oil companies are a terrible investment.
I would go straight to the layoff's site and look under Chevron, to see the what employees that don't have a life and are unsuccessful losers who hang out and troll a layoff site recommended, then I would do just the opposite.
I would use my $100k, to take out a $2M Loan. Then I would buy 100% CVX
If you really wanna play oilfield, it can be a good short term investment...not long term. Oil companies and oil service companies are a lousy long term investment given the cyclicity of the industry. Just look up the stock price of any oil company from 2008 and compare.