02-12-2019, 10:55 PM
Very much agree with Divmenow on oil. There was a time it was a good buy and hold, but the past few decades have been an under performer for years as the down cycles can be fairly long. You have to be willing to jump in when the smaller leveraged players are going bankrupt, and take money off the table before the next down cycle. I've been bitten hard on the small to mid-sized players repeatedly over the decades. I own CVX and BP but was a little late getting in yet again. I won't get caught holding it too long if I can possibly avoid it. If I was going to hold one long it would be XOM, CVX, RDS, and BP. Not necessarily in that order.