crude oil ETF
Just learned of a new ETF that is based only on the price of crude itself - U.S. Oil Fund ETF (symbol "USO"). As someone noted a couple days ago, the problem with these oil companies is that they don't generally own the land itself - just ask Hugo Chavez.
And since most of us can't buy 100 gallons of crude oil, the ETF is the next best thing.
I'm getting rid of many of my oil stocks and getting into this.
1 Comments:
Sounds interesting I will check it out.Thanks
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