Has anyone calculated how much one would have to invest in the oil market to offset the rise in gas prices?
Pump price yesterday at costco 120.9 , at Shell beside Costco, 133.9 , my share prices in oil producers haven't moved that much in 48 hrs.
I'm not market savvy enough to get it.
In my original post I was thinking how much stock would one have to own so the dividends / stock value increases paid for your gas.
I went to Costco for fuel this morning.
$1.189 for regular at Costco, $1.349 at the Shell 500m away.
People are crazy. Truck, Van and SUV sales are through the roof. OEMs are abandoning car manufacturing because people aren't buying them. People are crazy.
In my original post I was thinking how much stock would one have to own so the dividends / stock value increases paid for your gas.
People complain about price increases but if those increases boost their portfolios they may be ahead.
Enbridge has been beaten down enough to be compelling.
~7% divvie at the current price. A couple of noteworthy events in the next 30 days to juice the SP as well: earnings on May 9th, decision on the Line 3 pipeline in MN in June.
Enbridge has been beaten down enough to be compelling.
~7% divvie at the current price. A couple of noteworthy events in the next 30 days to juice the SP as well: earnings on May 9th, decision on the Line 3 pipeline in MN in June.