01-08-2015, 06:52 AM
(This post was last modified: 01-08-2015, 06:58 AM by DividendDragon.)
(01-08-2015, 05:15 AM)booze007 Wrote: hello people
i am really new to dividend investing , i been trading forex all along .
i have 10000 to invest and want to cash in on the cheap oil , please put forward your suggestions
EVEP
CVX
LINE
BP
XOM
SDRL(may be )
Thank you
Kumar
You need to consider a few things.
1. Starting yiled
2. How undervalued the stock is <--- Maybe look at historic p/e
3. Debt/equity
4. Dividend streak
5. Dividend Growth over 5/10 years e.t.c
PLUS many more...
What I learnt on here a while ago is that the decision is yours. People are reluctant to tell you where to invest as it's your money.
I bought into BP yesterday at a 6% yield but it's one of the more risky oil plays due to the Mexico oil spill i.e legacy issues plus they have a much lower streak due to cutting the dividend around 5years back. Not to mention the stake in OAO ROSNEFT.
Ask these questions and make a choice
Lewys