Oil prices keep rising, and I believe this British company is a safer bet right now than American companies.
This post is more than 60 days old. Replying to it might be confusing for other members reading the discussion.
By all means, keep the ball rolling and post a new opinion.
Top 1%
guliamo
Jan 08 at 10:12 ET
Hi Kohalza, I would fortify that position with an equal share of exxon (XOM).. they are just as good as BP if not better. Overall, I would allow for energy stocks to go as far as 25% of your portfolio. I also see you are in Apartment rentals (URI).. i think you're nutts if you think real estate is going to perform for you in 2008.. :)
Top 2%
Kohalza
Jan 08 at 11:02 ET
URI is sort of a gamble for me. I don't know much about them or the real estate industry. Do you have a good guru to recommend in this area?
Top 1%
guliamo
Jan 11 at 10:13 ET
I don't have a good Guru recommendation but I can tell you the real estate market is still looking down... take IGR.. a great real estate trust.. they are doing really crappy.. I don't think this is a time to take such gambles..