Recent content by mpi2008

In addition to VDE, have just come across PSCE (Powershares S&P Small Cap Energy) ETF. It looks to be down almost 50% in the past 6-7 months so also looking at this as a possible candidate for perhaps 30% of the investment but will probably dripfeed it in over the coming months (for both VDE...

Hi TWI, I have looked further into VDE (I actually already invest in one of Vanguard's lifestrategy funds) and I now realise I was mistaken and that it isn't based on oil price futures. It therefore presents a very attractive way to play the energy sector and I thank you for this comment...

Yes I also looked at oil/energy ETFs but as they are based on futures contracts - which are frequently rolled over and subject to contango drag - I felt the ETF expenses and lack of oil price correlation were just too unsatisfactory. Ulitmately though, I realised it was hard to achieve...

Thanks, I'll take a look at these though on first inspection of their share price charts, I'm not blown away. Hopefully the balance sheets will impress a little more!

Thanks Jack, that is useful info. If oil prices reach $40 and stay there for long then you would therefore imagine the industry would either have to buckle and reshape or OPEC +/- others would have to step in and turn off the taps. I'm not looking to find a bottom though, just invest at...

Thanks for the reply Jack and sharing your insights. You have made a compelling argument for sustained low oil prices there and it seems difficult to disagree with your logic with my limited knowledge of this sector. I therefore agree that strong balance sheets should be paramount when...

Evening folks, I have looked at oil/energy sector companies in the last few weeks as potential long-term investments for myself and my LTD company. The plan is to hold for several years or possibly longer in the hope/expectation that better times will lie ahead. Unfortunately, the oil/energy...

Thanks for your reply Peter. USO looks like a good bet. I actually live in UK so also looking at LSE:BRNT and LSE:CRUD too.

Thanks for the reply Matt. I have seen them.....just found 'Boost WTI Oil 3x Leverage Daily ETP GBP' on AJ Bell which is down 82% in the past year however I'm confused by the interjection of the word 'daily' in the title which insinuates to me it is day-traded and trades closed at the end of...

Hi Folks, I would like to look at building up a position in crude oil given the low prices just now however I have never before invested/traded in this so looking for some advice from anyone who does this regularly?? Sorry if my questions seem very basic. I have previously day-traded...

Re: It's a nice idea, assuming you can find a diversified portfolio of 'good' stocks, buy them (cheaply) at the right time, manage & hold the portfolio, and sell at the appropriate time (all whilst beating inflation of course). Many is the fund manager/investor that tries - and fails - to...

RE: Also, mpi2008, I think your arguments against short-term trading could equally be levelled at longer-term trading or value investing. I remember very well some friends telling me of their great "investment" in BP (pre-Macondo), and how Tesco shares were a one-way bet (just before the 2012...

Eeeek........you're right cablemonster......that was an inadvertent plug :o I'm definitely not on the Kreil payroll. Plug now removed.

I've just read through this entire thread today - was like a good book that I couldn't put down :) The whole thread itself (while centred around Amplify trading's course) was like a constant battle between the bulls and the bears as to whether one should part with hard earned cash and go on the...

Vince Stanzione Trading Global Financial Markets 2009 DVD course as advertised on youtube at: FOR SALE AT A COST OF £400 For this, you will receive a binder full of reading materials and all 5 DVDs. (Cost of this to buy new was £1000 from Vince Stanzione in Jan 2010. DVDs have only been...