Wednesday, July 28, 2010

Where to invest $ with oil prices rising???

are oil company stocks a good idea? solar/wind power stocks? something else?Where to invest $ with oil prices rising???
i would invest in something else entirely...something more stable...these days its really easy to get on a bandwagon and have it fall through, i would be more careful with my moneyWhere to invest $ with oil prices rising???
Oil company stocks are very volatile. You can typically see daily price swings of $1.00 to $9.00 a share. Take a look at the steel sector stocks.
One word: Exon
invest in ETF, XLE is your best bet

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