Originally Posted by shanneba
I am surprised some of the brand loyalists here aren't invested in their favorite brand.
If I had 200 shares of RSD-a I would get enough dividends in year to pay for all the Shell V-Power gasoline I bought last year
200 shares now would be about a $12,000 investment.
About 60 shares, $6000 of Phillips66 stock dividends would pay for all the Red Line oil I bought last year
I would tell you how much Phillips66 pays per share in dividends, but my logins are on my desk computer that I rarely ever use, I didn't buy Phillips66, I was givin the shares when Conoco Phillips spun off Phillips66, but I seriously doubt its over %5.
Originally Posted by Linctex
Having an interest in oil and filters is one thing...
Managing the diversification of my portfolio is another altogether.
IMHO, I have avoided energy stocks that can "boom or bust" depending on new technologies (fracking) or field exploration & development. They have just been to volatile for lil' ol' conservative investor me. The huge oil crash in Houston in the 1980's kind of scared me off from ever putting too many eggs in that basket. the amount of wealth that was lost was staggering.
Then there was Enron.... enuff said.
I tend to stay with "what I know", so I have a lot of investments in different aviation, materials, automotive, and military contractor companies.
My biggest focus right now is closely watching what real estate has been doing, as I'm working myself into rental properties.
Not sure why your scared of Oil if you own Automotive, Aviation, Military. Big oil companies, the real big Oil can weather just about any disaster that can possibly happen, just might take a lil time to weather. Both ExxonMobil and Chevron are just about unbreakable and pay close to 5%, think of them as dividend stock, and hedge stocks also.
You don't strike me as the kind of person that will be driving a Tesla anytime soon, so you might very well be putting fuel in your vehicles like myself for the rest of your life. So, in 10 years from now when your putting fuel in your vehicle, and your not happy about the price your paying per gallon, if you buy shares of Chevron now I guarantee they will be worth more $$$ when fuel cost's more $$$. If by some chance fuel is cheaper in 10 years, you and I both know that won't be the case! Your stock will most likely be worth a little less, but the divided will be a little higher, and you will have been paid a divided the 10 years you owned the stock. 10 years x %5= 50% Half the value of the stock. But fuel will cost more! So it's a hedge against higher fuel prices, plus you get paid a divided.
Originally Posted by Snagglefoot
There are 100's of of financial forums out there. Pick one. If you shorted all the stocks you just listed you would have done very well in the last five years.
Warren Buffet once told me to watch out for naked shorts, once the tide goes out you see who has swim suit's and who doesn't!