VBIN's oil stock thread.

[vbin]

(11-23-2020, 06:53 PM)fenders53 Wrote:

(11-23-2020, 02:15 PM)vbin Wrote: well, oil having a great run past week and today. I added some psxp in my kids account. @Fenders, I am ok to wait till 2025.

Take my comments in context.  I invested just like that for decades.  As  I approach retirement, I want a two year narrative or I am better off sucking up put premiums, and it could be on those very same stocks.  Patience is always good, but lost opportunities matter too so I don't want many of those taking up port space.

Not exactly sure what you mean( I get it that you are still very bearish on oil). Can you help me understand?