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Watch Out For Contango: Looking For The Best Long Term Oil Fund

I’ve been looking for a good way to play oil long term for a while. This article breaks down the strategies of the 4 major oil ETFs (USO, OIL, USL, DBO) and decribes why two are value-destroyers for buy-and-hold investors, while two offer a decent way to play oil over the longer term.

Source: marketrap.com

  • 2 years ago
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A collection of things I'm reading, writing and thinking about. These are my ramblings and personal thoughts from my travels — all the well thought out stuff is over at my other blog, Ready Fire Aim.

Coming to you live from Denver, Dallas, Charlotte, California, or wherever else my travels take me.

You can reach me by leaving a comment on this blog, or bill@smallerthoughts.com.

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