Summary: <br> Announcer: <a href="https://www.temi.com/editor/t/Jxmvkr-P5vmqnpHOs85rG54lTNEG2qL7k48mj1tGATsq2AAeTDD0mlk308nYau3LvmRXgX9XBxniglNamFktCxJI3Ks?loadFrom=DocumentDeeplink&ts=0.63">00:00</a> You’re<br> tuned in to the Investing for Beginners podcast. Finally, step by step premium<br> investment guidance for beginners led by Andrew Sather and Dave Ahern. To<br> decode industry jargon, silence crippling confusion, and help you overcome<br> emotions by looking at the numbers, your path to financial freedom starts now.<br> <br> <br> <br> Dave: <a href="https://www.temi.com/editor/t/Jxmvkr-P5vmqnpHOs85rG54lTNEG2qL7k48mj1tGATsq2AAeTDD0mlk308nYau3LvmRXgX9XBxniglNamFktCxJI3Ks?loadFrom=DocumentDeeplink&ts=36.99">00:36</a> All<br> right folks, we’ll welcome to investing podcast. This is episode 133 today.<br> Andrew and I are going to discuss commodities and oil a little bit. We’ve not<br> talked about these before and so we thought we would touch on this subject a<br> little bit. So Andrew, why don’t you go ahead and share your thoughts with me<br> and we’ll have our little conversation.<br> <br> <br> <br> Andrew: <a href="https://www.temi.com/editor/t/Jxmvkr-P5vmqnpHOs85rG54lTNEG2qL7k48mj1tGATsq2AAeTDD0mlk308nYau3LvmRXgX9XBxniglNamFktCxJI3Ks?loadFrom=DocumentDeeplink&ts=56.18">00:56</a> Okay.<br> so you know, oil has been awful lately. Have, have you invested in any oil<br> stocks as of late?<br> <br> <br> <br> Dave: <a href="https://www.temi.com/editor/t/Jxmvkr-P5vmqnpHOs85rG54lTNEG2qL7k48mj1tGATsq2AAeTDD0mlk308nYau3LvmRXgX9XBxniglNamFktCxJI3Ks?loadFrom=DocumentDeeplink&ts=66.14">01:06</a> Uh<br> not as of late, but about three years ago, I did buy a company called national<br> Oilwell. Varco yeah, that sounds right. Yup, yup, yup. Yeah. NOV. Yup. I didn’t<br> invest in them and I lost a lot of money and then I sold out of it. So that was<br> not to the bottom at the time.<br> <br> <br> <br> Andrew: <a href="https://www.temi.com/editor/t/Jxmvkr-P5vmqnpHOs85rG54lTNEG2qL7k48mj1tGATsq2AAeTDD0mlk308nYau3LvmRXgX9XBxniglNamFktCxJI3Ks?loadFrom=DocumentDeeplink&ts=91.011">01:31</a> So,<br> yeah, yeah, I remember looking back in 2013 and seeing that Chevron looked<br> interesting. And if you look at their price charts since then, it’s been,<br> they’ve done like absolutely nothing. I had bought a company that was oil<br>
