Been watching Glencore but not gone in because of the debt, it's huge and a big drag on the company. I still think you will do ok long term, especially after today !
Tentatively bought some more BP instead, they are in a good place financially, chuck out divis (Glencore just cancelled theirs and asked for more money) and any increase in oil (OPEC squeezing out other producers/turning taps down) and should be ok - 10 years out its a no-brainer.
Also using value cost averaging to guage regular investment levels every month, which assists in buying at lower levels but into global index ETF's.
Tentatively bought some more BP instead, they are in a good place financially, chuck out divis (Glencore just cancelled theirs and asked for more money) and any increase in oil (OPEC squeezing out other producers/turning taps down) and should be ok - 10 years out its a no-brainer.
Also using value cost averaging to guage regular investment levels every month, which assists in buying at lower levels but into global index ETF's.
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