What is /biz/'s opinion on oil trusts at the moment? ~3%

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Anonymous
2016-02-25 12:45:27 Post No. 1110533
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Anonymous 2016-02-25 12:45:27 Post No. 1110533 [Report]

What is /biz/'s opinion on oil trusts at the moment?

~3% quarterly dividends plus potentially increasing in price rapidly once oil prices rebound sounds pretty attractive to me. Is there a catch?

Anonymous 2016-02-25 13:55:14 Post No.1110585
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Anonymous 2016-02-25 13:55:14 Post No.1110585 [Report]

>>1110533
I have zero experience. I mean it. Looks like going down tho.

Anonymous 2016-02-25 13:56:15 Post No.1110587
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Anonymous 2016-02-25 13:56:15 Post No.1110587 [Report]

>>1110585
But I just finished my first book, so I know alot. Trust me.

Anonymous 2016-02-25 14:11:15 Post No.1110601
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Anonymous 2016-02-25 14:11:15 Post No.1110601 [Report]

>>1110585
>Looks like going down tho.
Well yeah, it's a trust which entitles the holder to profit from some oil rigs, of course it's going to be down with the price of oil so low. How would it go up when the price of oil is going down?

Anonymous 2016-02-26 02:48:55 Post No.1111776
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Anonymous 2016-02-26 02:48:55 Post No.1111776 [Report]

Bump

Nobody?

Anonymous 2016-02-26 02:56:41 Post No.1111788
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Anonymous 2016-02-26 02:56:41 Post No.1111788 [Report]

>>1111776
Also how do you easily calculate the gains from holding such an instrument?

Basically the price seems to increase/decrease in line with the expected dividend such that the dividend is a roughly constant percentage of the current price (say 3% quarterly)

So if over a 5 year period the price of a unit in the trust triples, what total percentage gains would you have made?

Anonymous 2016-02-26 02:58:42 Post No.1111790
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Anonymous 2016-02-26 02:58:42 Post No.1111790 [Report]

>>1111788
>So if over a 5 year period the price of a unit in the trust triples, what total percentage gains would you have made?
Also what does the picture look like with automatic dividend reinvestment?

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