What is wrong with buying oil stocks it has made me a ton of money my broker said I'm up 36% this year?

Are fellow rich people and me causing spikes in the oil market?What is wrong with buying oil stocks it has made me a ton of money my broker said I'm up 36% this year?
Well, I hope you're a little diversified, or don't come crying when you lose it all and more. That said, every time I hear some moron complaining about all the greedy corporations raking in the profits, I tell them to stop whining and buy some stock.What is wrong with buying oil stocks it has made me a ton of money my broker said I'm up 36% this year?
There is no problem with making money. The problem is that Republicans made sure there was no auditing of commodity futures on electronic exchanges by regulators, and so there is no way to regulate the market effectively, preventing BS like this crazy bubble (or possibly speculative fraud), the frauds before it, and the other bubbles before it.





They did the same thing to FASB accounting standards too, and that worked out pittifully as well. All in all, we're seeing the results a string of failures and corruption pretty much non-stop since 1998. 10 years of complete and utter failure and corruption is enough if you ask me.
There's nothing wrong. But if you cashed into other resources, they would have given way higher yields. ex Agricultural Chemicals-aka fertilizer, gold, silver, copper, solar power etc... I easily made a 20% gain on gold corp within 3 weeks recently! If you cashed into minerals, with the recent support of high crude prices in NYMEX, you'd be filthy rich!
you're allowed to make $$$