I’m waiting to see if the “big money” gets back in and starts a buying frenzy. It’s happened in the past. I sure hope it happens again. Otherwise...kiss your retirement bye-bye.
Myself, I wish I had some extra cash lying around to buy oil production stocks. It will eventually come back up.
>> Myself, I wish I had some extra cash lying around to buy oil production stocks.
Ditto. There’s definitely bargains out there...
For example CAT & XOM both are trading in the 70’s after Thursday and Friday... both were already down from the oil price decline.
Each of them throws off a healthy dividend, currently 4+%.
Both companies will be around for a long time to come, I’m betting.