Tuesday, May 21, 2013

An investment in oil is one of the safest and best investment a person can make

Oil is one of the most used natural resources on the planet. Unlike gold or silver which are just metals that serve as heat conductors, oil is used to run cars, trucks, airplanes and operate machinery. This means that any company in the world that produces goods has to buy oil in one way or another. This could be by paying a shipping company such as UPS or FedEx to transport their goods or manage shipping on their own. Either way, they are purchasing gas and thus supporting demand for oil. Oil is also used by the machines these companies use themselves to produce their products. What better investment than one resource that almost all companies and people alike must use. What better investment than one resource that companies can not remove from their expenses. How can i invest in oil you ask? Well there are many ways to invest in oil. You can invest in oil by purchasing stocks of companies that deal in extracting oil. You can also invest in oil by buying ETFs which track the price of oil. You may also invest in the oil sector through various funds.