/biz/ - Business & Finance

>putting money into oil
It’ll get all oily

>>17241866
I tried to put some into my city's sewer system bonds but it turns out they were shitty and I pissed my money away. My portfolio went right down the toilet

>he fell for the dinosaur juice meme

>>17241927
Not yet, that's why I'm asking about it first

Instead of speculating on one form of energy you could have invested in utilities and be up 40% over the past 12 months

>>17241980
Or I could buy this sector at its lowest point in 15+ years and get 200% in 6 months. That's the whole point of risk and reward. Buy low, sell high. I just don't know if it'll ever go high

>>17241898
That’s a really reddit joke and I didn’t enjoy it at all. It went on too long, repeated the punchline three times (retroactively making the first time even less funny) and was just a worse, more rigid version of my joke. You’re probably a good guy but I hate that post.

>>17242028
Oh he mad

>>17242022
i just went long on oil at this price level i think its a significant bottom mathematically

Not even close. The virus is going to get much worse.

>>17241327
China has shut down, so that a whole load of oil with nowhere to go, I think the market will go lower for a while yet.

>>17242028
Based and LINK pilled

>>17242028
have sex