Posted 08/28/2008
Oil and Gas Company Stocks
Question: Regarding oil and gas prices, I don’t see the possibility of relief in the near or far term. Should I jump on the bandwagon and invest in oil company stocks? Or would I be better off investing in companies working on alternative energy technologies like solar and wind?
Answer: A diversified portfolio is the best approach, but always put in a sell order and a stop/loss when purchasing stocks; that way, you’ll realize profits or cut your short-term losses.
Answer: A diversified portfolio is the best approach, but always put in a sell order and a stop/loss when purchasing stocks; that way, you’ll realize profits or cut your short-term losses.
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Oil and Gas Company Stocks
How do you determine the best way to determine "sell prices?"
Is there a percentage below cost to set at time of purchase?
If the stock appreciates 25% or 30%, how do you set a price to preserve a good portion of your profit?