The Oil March
From CNN/Money:
Consumers may be ticked off about the rise in oil prices. But the pain at the pump is a little less severe for those who’ve invested in surging energy stocks. Crude is over $130 a barrel. Gas prices are slouching towards $4 a gallon. Consumers are feeling pinched. But investors who were wise enough to realize earlier this year that the energy stock boom was far from over have more money (on paper at least) to afford those higher prices at the pump.
How do you get the general public to think about investing outside of common stocks when US mutual fund companies, along with a US government, tout no other legitimate options for investors? Sure, there might lip service to other investment opportunities, but most Americans are bread and butter mutual funds and that is it.










Michael L Beatini Added:
May 26th, 2008 at 3:21 am
Pigs get slaughtered, sheep get shorn.