Submitted by Forsaken-Secret-7398 t3_zycy8p in wallstreetbets
SidharthaGalt t1_j2759su wrote
Reply to comment by Forsaken-Secret-7398 in Oil is not my friend by Forsaken-Secret-7398
Buy low, harvest dividends, hold forever. BPT requires some watching, however, as it only pays out as long as oil is above their cost of production (about $66 be barrel but expected to rise as the field is depleted). I wont live long enough to see demand for oil and gas to fall significantly.
Viewing a single comment thread. View all comments