younginvestor2013
Recycles dryer sheets
- Joined
- Feb 6, 2013
- Messages
- 226
I am thinking of buying an oil stock (possibly Chevron with a health ~4% dividend yield) since it is so low.
I typically don't buy individual stocks but might give it a try. It would be less than 1% of my NW. Probably immaterial in the long run, anyway.
I also was considering spreading the risk by doing an energy ETF such as VDE.
What are your thoughts? Anyone else getting into oil?
VDE doesn't offer as nice of a dividend yield, and the risk is only spread amongst fellow oil/energy companies, so maybe I should just jump into Chevron?
I typically don't buy individual stocks but might give it a try. It would be less than 1% of my NW. Probably immaterial in the long run, anyway.
I also was considering spreading the risk by doing an energy ETF such as VDE.
What are your thoughts? Anyone else getting into oil?
VDE doesn't offer as nice of a dividend yield, and the risk is only spread amongst fellow oil/energy companies, so maybe I should just jump into Chevron?