Quote:
Originally Posted by Jimbuna
I don't invest in shares directly now, preferring to go down the Unit Trust route but you are quite correct IMHO, oil can only go one way now but the question is when?
Getting in now with prices so low is all one can do, then sit and wait for the inevitable rise.
|
What is a Unit Trust?
Yes, oil is at $46 bbl, but it could go back down and stay there a few years. Then again, with the middle east, anything could happen. I trust countries like Russia and Venezuela are as interested as I am in getting the price back up.