3Lun
This removes the risk of the heating oil price ruining you financially. At the same time, however, you will not achieve the highest possible return in the long term. At least that's my assessment.
It's like insurance. If you need it because of existential risks, go for it. If you can afford the potential costs, it usually makes more sense not to have the insurance.
Of course, there's also a bit of psychology involved.
It's like insurance. If you need it because of existential risks, go for it. If you can afford the potential costs, it usually makes more sense not to have the insurance.
Of course, there's also a bit of psychology involved.
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@KevinE Yes, I also thought of it more as a kind of insurance. Due to the annual fees and cyclical buying, I won't be one of those who bought the cheapest, but I won't be one of those who paid the most either.
Putting €250 away in a savings account had worked out well so far, but now I just wanted to get closer to the market.
Putting €250 away in a savings account had worked out well so far, but now I just wanted to get closer to the market.
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