Should I invest in the oil companies, so I can get me a share of those record breaking profits?

Question

During these hard economic times, many people are looking for an "easy" way to "make their money make money." So, could this be the way to go? Would investing in oil companies be an easy way to make some quick cash? Please share you reasons why or why this would not be a good idea.

Thank you.

Answer 1

hello,

If you are looking forward for short term investment then going for oil, energy n power sector is a good option.

but if you investment perceptive is for long run then it would be better going for balanced portfolio that is, picking up both risky and less risky stock in order to nullify or minimize risk.

If you are looking for record breaking profit as you said then i must suggest you to try forex.

Answer 2

those "profits" are already built into the stock price.

You could lose as easily as make money

Answer 3

yeah if you have extra thousands of dollars for one share of that stock and if you wanna see it tank soon, right now it is wise to invest in alternative fuel that is not outsourced to other countries, right now it is not a very good time to try the stock market

Answer 4

I wouldn't do it.

Answer 5

I don't think so.  I think that they are struggling themselves.  Crude is high these days -- I don't think that the extra money that consumers are spending is profit to the big oil companies.  Not all of it anyway, and not in the amounts that you may think.

Answer 6

Profit is taken by producers of crud oil.

they are making profits.

But the other oil companies are making losses(distrubuting) .

so be wise and invest in good companies