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re: Oil prices and stock market

Posted on 12/12/14 at 3:04 pm to
Posted by Indfanfromcol
LSU
Member since Jan 2011
14741 posts
Posted on 12/12/14 at 3:04 pm to
quote:

I have money liquid to invest...but I know very little about O&G which makes me hesitate to jump in. I feel like I really need to understand the economics of each individual company before I would go all in on them....



Very true.
Again, if anyone has spare time, definitely go read the Intelligent Investor (the book Warren Buffett swears by) and the Richest man in Babylon.

But to sum it up in a nutshell, if you are going to take advice, take it from an expert only. Also, never invest in a company that you have not personally researched, and the smartest thing to do is invest in large companies who have a good history of a healthy stock and paying dividends.
(also, the time to get interested in large companies are when things go wrong, not right. When things go right, everyone is interested and drive the stock price up).
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