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What are the advantages of investing in oil?
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20th Nov 2009 by Mark P. Cussen, CFP, CMFC
Oil and gas investments can provide an important method of diversification for investors with larger portfolios. They can also provide tax write-offs for high-income investors. Analysts are currently predicting that the price of oil may rise substantially from where it is now at some point in the future and stay there permanently. Therefore investors in working interests, royalties and partnerships could see their income rise substantially over time.
Oil and gas investments can provide an important method of diversification for investors with larger portfolios. They can also provide tax write-offs for high-income investors. Analysts are currently predicting that the price of oil may rise substantially from where it is now at some point in the future and stay there permanently. Therefore investors in working interests, royalties and partnerships could see their income rise substantially over time.
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19th Nov 2009 In Commodities
1 Answers | 58 Views
Subjects: oil,