hi can anyone please enlighten me on this topic? i mean a complete answer for a dummy in the area? i am told this can be done by a company of any size..... and can this be an overseas investment?
2006-07-24 21:59:21 · 6 answers · asked by Anonymous in Business & Finance ➔ Investing
Unless you are a knowledgeable and sophisticated investor you do not want to risk investing in oil futures. The problem is the leverage. The futures market requires only a 10% payment. In other words for $1000 you can buy $10,000 worth of oil. What that means is that if the market is with you you have a 10x leverage in your favor. But if the market is against you, you can be wiped out in a heart beat.
2006-07-25 00:58:56 · answer #1 · answered by Anonymous · 1⤊ 0⤋
Your question isn't super clear: are you investing as an individual or for your cormpany? Either way, all you need is a basic online account with any brokerage firm and you can invest in oil futures. It's not difficult at all.
2006-07-25 00:50:30 · answer #2 · answered by angrysandwichguy2006 3 · 0⤊ 0⤋
If you are 200% serious then send me e-mail I will attach information. Why I can not answer here? you may think because the info which I get are copyright protected and the only way to help you is to send you as it is for your own use.
nihon94@yahoo.com
2006-07-24 22:13:32 · answer #3 · answered by Ari 7 · 0⤊ 0⤋
Oil or petroleum industry is ever growing. Ever heard of a petroleum company going bankcrupt?..no!.
2006-07-24 22:04:59 · answer #4 · answered by malaysian_Dawg 1 · 0⤊ 0⤋
keep away, invest in recycling companies they are about to hit the motherload...
2006-07-24 22:03:25 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Stick with this here ...ticker symbol: USO
2006-07-26 15:20:39 · answer #6 · answered by Anonymous · 0⤊ 0⤋