First, buy scarce and non-renewable resources;

Second, what is missing and what to make up;

Third, buy what you need in the future.

If these three laws are regarded as a mystery, one of the best answers is: oil.

With the sharp rise in oil prices, many investors may ask: Can you buy oil directly like gold? The answer is simple, yes.

Do it in the same way, but don't worry, the return is not as good as equity investment.

First of all, oil is different from gold, and its holding cost is high, and many factors such as volume, temperature and safety should be considered. According to Goldman Sachs,

The storage cost of a barrel of crude oil is about $3.6 per year. According to the current price of $0/00 per barrel/kloc, it is equivalent to the annual management fee.

Up to 3.6%.

Secondly, you can invest in oil through oil futures, but every time oil futures roll, it will cause certain losses. For example, such as

If you hold 65,438+000 crude oil contracts due at the end of May this year, in order to continue investing, investors need to spend about 65,438+007 dollars at the end of May.

Sell the contract that expires at the end of May at the approximate price, and buy the contract that expires at the end of June at the contract price in June. Suppose the oil price expires at the end of June.

That is $65,438+065,438+00. Investors can only buy back 97.27 contracts with the money from selling 65,438+000 contracts at the end of May. This is the price of oil.

In the case of long-term bullish, investing in oil futures will bring price losses to investors because of the premium of futures prices.

History has proved that investing in the stocks of oil companies is the best way to invest in the oil theme. Investing in the stocks of oil companies, investors will not only get

The ownership of petroleum resources behind it, more importantly, the surplus value generated in the operation of petroleum industry.

dream

When oil prices rise, the share prices of oil companies will also rise. Since 2009, the share price and oil price of oil companies have risen.

The average correlation is above 0.9.

The process of oil exploitation is complicated and there are many scientific and technological factors. For example, the United States invented the technology of extracting oil from oil shale.

It greatly reduces the cost, opens up new oil sources, and can also greatly improve the valuation of oil companies, regardless of oil prices.

When oil prices fall, the decline of oil inventories is also less than the decline of oil prices. The reason is that falling oil prices will stimulate oil consumption.

The so-called "small profits but quick turnover" has been lowered simultaneously with the cost of oil exploitation, and the profit decline of oil enterprises has been relatively small.

From the above three aspects, invest in the stocks of oil companies, especially the oil blue chips with abundant resources, complete industrial chain and high pricing power.

Stock is the best carrier to invest in oil.

Facts can also prove that in the past three years, the cumulative return rate of S&P global oil index composed of oil blue chips was 35.7%, while that of Bran in the same period.

The price of special oil has increased by 37.3%, and the long-term investment income of S&P global oil index is very close to the oil price. Therefore, investing in oil stocks is far better than

Invest in physical oil.

It is better to teach people to fish than to teach them to fish. Similarly, for ordinary investors, it is most important to get long-term and stable returns from investing in oil.

The best way is to invest in the stocks of oil companies, rather than hoarding oil commodities or investing in oil futures.