Re: How to hold virtual oil
- From: Ronald Raygun <no.spam@xxxxxxxxxxxxxxxxxxxxx>
- Date: Tue, 29 Nov 2005 12:54:51 GMT
M Holmes wrote:
> It strikes me that the chances of oil being worth more when I retire are
> good and thus there's some benefit in buying oil. If I don't want to buy
> oil company stocks, and I don't want a physical barrel of my oil stored
> somewhere at my expense, is there a way to own "virtually" a nominal
> barrel of oil?
Isn't this what futures are for?
.
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