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Originally Posted by keraT
I am totally a new investor here but with lower oil price I have been interested in buying some oil stock and few alternative (natural) energy stock. What stock/company do I look for? Do I just go for Marathon or Mobil or is there other stock that are better if I am interested in oil
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Marathon ( MRO ) is a good company. They recently had to cut their dividend to be more solvent, but that's a problem for long-time owners.
Mobil was purchased by Exxon a long time ago. The combined company is called Exxon Mobile ( XOM ).
Buy 1/5th to 1/4th of what you plan to invest when you are ready and wait a month to do anything else.
People come on here and tell you to "read a book" or something, but there is no substitute for just doing it. Once you have bought some stock, read articles on the company(ies) and read the financial statements.
Others will tell you to only buy funds, but unless you can already analyze a stock and read the financials, then you'll always be ignorant. Ignorant isn't the same as stupid, but being deliberately ignorant is stupid. If it turns out that you don't like analyzing stocks or reading financials, then funds are fine.