During the last ~2.5 years I have managed to save around 60K $, the money is sitting in the bank account and has been there for a while. This money could be doubled as my girlfriend's savings are approximately the same and she is also looking for an investment opportunity. We are both 26 at this time and have no assets or debts other than this money.
I have been thinking for a while about investing it and the recent Oil price drop, I think presents an excellent opportunity. I was hoping that someone could help me respond a couple of questions:
I have a conservative approach to these savings that's why they have been sitting on the savings account. Is Oil considered a riskier product compared to Stock or Real Estate? If so given my (our) current situation, What would you suggest?
Assuming that I decide to move forward, I have read that one way to get exposure to oil prices is through an Oil Company stock, I dislike this option as that company's results could be affected by many other factors aside from oil prices. What is the best way to link your results to actual oil prices?