Many of us remember the oil shortages of the late seventies. They caused more than just the inconvenience of occasional gasoline rationing. Several elderly people actually died in the New York City area because of a lack of heating oil. Some people thought it would only get worse, and we would run out of oil completely before long.
When considering whether or not to invest a portion of your assets into crude oil, you must come to an understanding of risk inherent in this type of endeavor. As I have said before, if you are not a high networth or accredited investor limit your exposure to the mutual funds sector and the like. If you are an accredited investor, take a closer look at direct participation in oil & gas deals.
Investments in oil & gas private placements, or direct participation projects should only be made by investors who understand or know how to implement a deliberate plan to minimize risk while clearly understanding a likely and reasonable risk/reward ratio. Investors need to accept the over-all risk they must take to achieve the success necessary to justify taking the risk in the first place.
Follow Us On Social Media
Below are some links to our social media platforms! Do follow us 🙂