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  #1  
Old 06-24-2006, 06:21 PM
Demon Cleaner
 
Join Date: Dec 2005
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Oil Stock [penny stock] & Oil/Energy Mutual Funds

I recently bought some shares of Delta Oil & Gas or DOIG.OB

I do not wager on MLB so I need another moneymaking outlet that also includes the "feeling of action." Along w/ DOIG.OB I bought some shares of 2 mutual funds...BlackRock All-Cap Global Resources and US Global Investors.

I might be late on the oil and energy market, but I won't be retiring for another 35 years so it is highly likely that my funds will go up.

Right?
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  #2  
Old 06-25-2006, 11:45 AM
ICE-COLD
 
Join Date: Feb 2005
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hmmmm sounds a lil to public for me...they are slammin it LOL

it sounds a safe way to make a lil' money, but dont expect a bunch o cash...find a stock u can ride for a week, or an hour , that is the same risk as sports, and u can make a heck of alot more.
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  #3  
Old 06-26-2006, 09:00 PM
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doig.ob was up some today...i am hoping that this company gets bought out 1 day
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  #4  
Old 06-26-2006, 09:32 PM
the straightshooter
 
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as a long term vehicle for investment or savings I wouldnt buy stocks. JMO
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  #5  
Old 06-26-2006, 09:42 PM
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20 here and 30 there each month in a drip account will grow because of compounding interest...you won't even miss the money....i know 25-30 years is a long time but whatever your money-making interests are...stick to them
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Old 06-26-2006, 09:44 PM
the straightshooter
 
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What good is a 15% gain on your stocks when the dollars value went down 20% vs the Euro, as an example. Short term you can find some gems, but I wouldnt put my money in say for example an S&P right now...gl Mane
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  #7  
Old 06-26-2006, 09:45 PM
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Roman...if you're good at day trading or something I'd like to hear about it...I am always open to new ways of investing.

For now though I am forced to put my money in large caps that pay a dividend and sit on them for the next 20-30 years...a day job and a part-time job don't give me time to track the markets in realtime.

Last edited by NY Mane; 06-26-2006 at 09:51 PM.
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