You Won’t Need to Worry About Social Security if You Do This

Photo credit: ConocoPhillips 

A recent poll discovered that 81% of Americans are worried about Social Security. That suggests that just 19% of Americans have a plan in place that completely offsets their worry about needing Social Security. You could be part of that 19% if you do one simple thing: Invest in America's energy boom.

Companies like ConocoPhillips (NYSE: COP  ) , Devon Energy (NYSE: DVN  ) , and EOG Resources (NYSE: EOG  ) are making their investors a lot of money by discovering new sources of oil and gas in the U.S. It's enabling these investors to forget about Social Security as they are collecting big dividend checks today, which are likely to grow larger over time. Meanwhile, these three stocks are compounding capital gains that are building really nice nest eggs for their investors.

You can join them by checking out the slideshow I created on these top oil stocks. In it you'll see why ConocoPhillips is poised to deliver annual returns topping 10% for the foreseeable future. You'll also discover how Devon Energy is growing its oil production by 20% annually, with no slowdown in sight. Finally, you'll see just how EOG Resources has emerged from the ashes of Enron to become one of America's top oil companies. 

How to get even more income during retirement
Social Security plays a key role in your financial security, but it's not the only way to boost your retirement income. In our brand-new free report, our retirement experts give their insight on a simple strategy to take advantage of a little-known IRS rule that can help ensure a more comfortable retirement for you and your family. Click here to get your copy today.


Read/Post Comments (4) | Recommend This Article (11)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On May 18, 2014, at 11:03 AM, Freddyfreebe1 wrote:

    I don't understand why misleading people is not against the law. People get use and abuse more in the stock market then any where else in the world. How many people have to lose there money for on person to get rich.

  • Report this Comment On May 18, 2014, at 11:25 AM, HarryPiels wrote:

    Please help me understand why the refiners aren't surging ahead as a result of the oil boom. I understand that we're using less oil per person, but with a limited number of refineries and a glut of oil to refine, you'd think they'd be able to charge more or make up in volume what they can't in price.increases. If they're able to export some of their products, it should be an additional catalyst for the bottom line. .

  • Report this Comment On May 18, 2014, at 4:07 PM, Mth1fool wrote:

    For Freddyfreebe1 Common sense is supposed to be the determining factor.

  • Report this Comment On May 19, 2014, at 9:19 AM, TMFmd19 wrote:

    -HarryPiels - Well, I think some of that has to do with perspective. PSX, VLO and TSO are all up more than 100% in the past two years while the market is up 30%. So, if you are looking shorter duration you might have missed that surge. The other issue is added environmental costs which eat into profits at refiners as well as things like ethanol and other additives. Overall, refiners are doing very well thanks to the energy boom.

    Matt

Add your comment.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2960673, ~/Articles/ArticleHandler.aspx, 11/26/2014 11:18:41 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement