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I always suggest Vanguard funds - Vanguard Energy Fund Investor Shares: https://personal.vanguard.com/us/funds/snapshot?FundId=0051&FundIntExt=INT https://pers
by AstroJetson 11y ago
I always suggest Vanguard funds - Vanguard Energy Fund Investor Shares:
https://personal.vanguard.com/us/funds/snapshot?FundId=0051&FundIntExt=INT https://personal.vanguard.com/us/funds/snapshot?FundId=0051&...
Note that this is SUPER RISKY investment fund. If you look at the chart it has major swings up and down. The fund is down 20% for 2016 (yikes!). But if you had held it from 2012 -> 2014 you would have gotten a 40% return on your investment.
I like Vanguard funds since they have a low management cost to them and they tend to be a little more conservative in their selection.
Good luck, remember me when you make your million!
- Ntrails 11y agoOther passive investment funds with similar or lower fees and appropriate target sector are available Also consider whether you want to invest in oil related companies or in the price of oil itself (which is just as possible). NB. I have nothing for or against Vanguard funds and have heard a few people supporting them.
- protomyth 11y agoVanguard is actually quite good just for the nice web site and ease of use.
- tamana 11y ago>Good luck, remember me when you make your million! Oldest trick in the book: fove out free advice and take a share of the wins, but don't pay a share of the losses ;-)
- AstroJetson 11y agoNo, the oldest is to give out free advise, get a commission on the buy and then win or loose get a commission on sale. That's the key underpinning to the stock market. Just ask any broker.
- mywittyname 11y agoI just exchanged a bunch of other funds for VGENX. These companies are some of the most profitable in history. Even with the recent massive price collapse, this fund has outperformed the market since 1984.