[LX1]

im new to this:p

[Petro]

good god--if I were in a different mood----
but then Monty would eject me into the stratusphere

[LX1]

so is investing in oil a good or bad thing?

[clover]

Sure. Oil's not going to get cheaper... look into the new oil ETF if you're ready to throw some money around.

A lot of these sorts of things are covered on old threads... I bet if you comb through there for a while it will answer a lot of your questions.

[LX1]

$this->bbcode_second_pass_quote('clover', 'S')ure. Oil's not going to get cheaper... look into the new oil ETF if you're ready to throw some money around.

A lot of these sorts of things are covered on old threads... I bet if you comb through there for a while it will answer a lot of your questions.

[clover]

It's not so bad once you get into it... just click on threads that look interesting and you'll pick up a lot of good stuff. You might want to take a Valium too- this is important stuff, to be sure, but the world isn't going to end tomorrow. Really.

[0mar]

if you have a way to refine the crude, sure store it.

[BrownDog]

Kinky, but hey, if you're into that kind of thing, then you'll want to stock up. How much is up to your internet surfing skills, it would appear in this case.

[Novus]

Invest in oil stocks and oil futures yes. Natural gas stocks are good too. Save your back yard for the garden.

[Novus]

If you have 500k then you are better off than most of us here. I say most because one of us is a billionaire. I don't know who though.

[LX1]

sadly i have no backyard, no garden, im just getting started in life, and saving every dime i can, hope to hvae at least 500k before the oil crisis gets real bad...crossing my fingers, pray for me!!!!

[LX1]

$this->bbcode_second_pass_quote('Novus', 'I')f you have 500k then you are better off than most of us here. I say most because one of us is a billionaire. I don't know who though.

[Dreamtwister]

You want to store some barrels of oil, that's great. But what are you going to do with it? The stuff that comes out of the ground is pretty unusable "as-is", and getting less so every day. Unless you have some way of refining it into a useful product, you should buy something more practical, like books on gardening.

[pup55]

Fidelity Select Energy

As recommended a week or so ago, take a look at this mutual fund: $2500 minimum investment, no load, low expense ratio, 44% gain in the last year, 87% invested in energy. All of the big mutual fund families have similar funds, so feel free to go to Yahoo mutual fund screener and find an interesting one of your own.

If you had invested $2500 in this fund a year ago, you would now have made $1100 last year, and unless you are a commute-a-holic the last year's energy price increase would have not affected you at all. Example: If you are a typical driver, and drive 10,000 miles per year in your 20 mpg car, you will have used 500 gallons. The $1100 appreciation would have paid you back more than $2 per gallon. Or, another way to look at it is that this would have broken you even for $1 per gallon in gasoline (which is about what the price increase was) and $600 in higher heating bills last winter.

There is some risk, of course, and there is no assurance that next year will be like last year, but the risk on this is nothing like playing the commodities, plus there is no issue with commissions. Plus, the neighbors and the local fire department will not have to complain about the 55 gallon drums sitting around in the back yard.

I think let the high rollers worry about trading oil. Make a solid oil-related investment, and take the summer off. Spend the time sitting around the pool (or under the sprinkler) sipping on lemonade and bragging to your friends about how you are an oil mogul and how the increase in the gas price has not affected you at all. You do not have to sweat the daily price fluctuations like the commodity flippers do.

Disclaimer: I am not an investment guy. Check on this before you do it. Never take investment advice from anyone who has a job.

[lorenzo]

Had you invested in bioenergy stocks 6 months ago, you'd have hit the jackpot.

Now the big people are entering the business too: Bill Gates has invested US$86 million in Pacific Ethanol, Khosla and Shaw follow, Richard Branson's creating Virgin Biofuels and George Soros is buying up all the sugar on the planet.

Have a look at these bioenergy stocks:

ABG > Abengoa > 240% up YoY
ANDE > Andersons > 200% up YoY
ADM > Archer Daniels > 100% up YoY
RIO > Companhia Vale do Rio Doce > 80% up YoY
DIL > Dyadic International > 200% up YoY
DVSA > Diversa > skyrocketing
DYMTF.OB > Dynamotive Energy > 300% up YoY
ENER > Energy Conservation Devices > 150% up YoY
ILV > Illovo Sugar > 112% up YoY
MPG > MPGIngredients > 140% up YoY
NTOIF.PK > Neste Oil Bioenergy > 100% up YoY
OMV > OMV AG > 140% up YoY
PEIX > Pacific Ethanol > 200% up YoY
RTK > Rentech > 130% up YoY
XTHN.OB > Xethanol > 200% up YoY

Impressive, isn't it?

[o2ny]

And one that's been discussed here before:

GSPI.PK > Bio-Diesel > ~200% YOY

[RonMN]

Yup...GSPI is making me smile...see ==>

[RonMN]

So who's pumpin'? If you ain't onboard already, you've missed the train.

I would hope people would know that after a huge run-up is NOT the best time to buy (although in this crazy-ass market, who can say?).

I see gold is up again...Any bets on sliver crackin' $15 by close on friday?

[shakespear1]

Wait for any good news in the market ( Nigeria stabilized after groups sign a deal, or Iran in serious talks about monitoring ) and then these stocks may retreat. The come hurricane season and all will turn around. Hit on Iran will make them climb on steroids.