Quote:
Originally Posted by bdahlg68
MVO correlates to oil just like those two stocks and the Dow. Obviously lots of other factors affect share price, not just oil price. MVO has done pretty well considering. Connection to a certain commodity or region or ... is something really to be considered before investing in a stock. Just make sure you consider more than one outside influence on stock price!
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Agreed. In fact these stocks seem to have more risk than just being tied to the price of oil.
I would just hate to see someone think they are getting a safe dividend payer and put a significant portion of your portfolio into those stocks. I think they could be a small percentage of one's portfolio to help boost your overall returns, though.
Also, I am by no means an expert, so I am just throwing my two cents in for what it may be worth.