Personal Finance

Why I Might Put $100,000 In USO in May 2020

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Today I talk about why I might potentially put $100,000 in ticker USO. Tons of people have bought into USO the past couple weeks because oil prices have fallen massively. People think investing in USO the United States oil Fund is a direct play on oil prices going up in the future, but it is not that… it is much more complicated.

People don’t realize there is no USO stock… No such thing as USO stock. it is a fund… And it doesn’t track oil prices perfect at all.

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