punk_ash

Commodity Index Funds: The Good, The Bad and The Ugly

We live in a bizzaro world. All pundits are screaming about commodities. The financial firms have flooded the markets with commodity ETF and ETN. No one will tell you that most markets are in general in contango, especially energy due to storage issues. That means a continuous bleeding of your portfolio as you are paying someone to store oil and gas.

If the spot price stays flat or about flat, that ETF will start going to a BIG 0. Check out the performance of OIL, UNG, USO.

Investing in these is in itself a full time JOB. A long term investor is better off spending on education, pay off the house, not borrowing money@25% from credit cards. If you are old, buy annuities.

I think investing in the commodity companies is much better, they just might give you a dividend rather than charge the contango fee.

Yes, I have invested in commodity ETFs and made some lost some, but I will STAY the HECK away from commodities.

What to Buy and Why: Barron's 2009 Roundtable, Part I

Hey did you forget Bill Gates the genius is taking online physics classes and he might come up with a new breakthrough. MSFT has a very good product with lately except VISTA, but I don't see the need to upgrade. Do they expect us to pay $100s every year per family to Bill just because Bill and his programmers have come up with a new version of Windows which does the same tasks that Windows 3.1 did of 20 years ago


On Jan 12 02:30 AM Homer II wrote:

> MSFT can literally feel the squeeze internationally: one by one,
> countries are eschewing M$ and moving towards Linux and the BSD FOSS
> platforms. And in the US, the more savvy corporations and IT experts
> are becoming resigned to the dismal record of M$ OSes and are starting
> to do the same.
>
> Only the paid shills are still hawking and boosting MSFT. Baldmer
> will soon squander the remaining cash on the balance sheet. The
> low $20s is about as high as this stock can go and it is already
> there.