RE: Response to Politicians plans for North Sea Oil30 May 2023 12:10
The way i look at it is you can get 5% risk free right now in a savings account. I feel interest rates have a little bit more to go so hold to base rate hits 7 percent then just buy bonds and interest rates should fall to 4 or 3 percent in a year or two after that. Why risk for less in BP stock which could drop 40 percent. The share price doesn't reflect the risk/reward.