11-06-2019, 10:00 PM
(11-06-2019, 09:50 PM)NilesMike Wrote:(11-06-2019, 07:50 PM)fenders53 Wrote: Everytime I invest in oil I spend the next couple years hoping the dividend and covered calls get me back to even. I own BP and ENB now, not that any major or pipeline is much different than the other choices a year down the road.
I got lucky with MPC June 6 @ 48.10
I've been lucky in oil a few times but it wasn't anytime recently. In retrospect, the only reliable way to make money is buy them when they look like they are going BK, sell after a good run and go away for years. I'd bet just about everybody on the forum owns oil and wishing it was a true DGI stock. Those days may be gone forever.