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Vendot 04-13-2008 08:20 AM

How To Invest In Commodities?
 
How the fuck do you invest in commodities? I want to invest in rice, wheat, soya etc.... but I dont wanna keep sacks of rice in my yard.

How the fuck do you do this?

The Judge 04-13-2008 08:59 AM

the short answer is dont. Thank me later

Vendot 04-13-2008 09:12 AM

Quote:

Originally Posted by The Judge (Post 14061946)
the short answer is dont. Thank me later

Why not?

micker 04-13-2008 09:15 AM

go to the library and get Jim Rodger's Commodities Book. It's a great introduction to commodities. His other books are quite good too (investment biker, adventure capitalist) but the commodities book (investing in commodities (something like that I dont remember the name)) is probably where you want to start.

fluffygrrl 04-13-2008 11:28 AM

Basically, you open an account with a broker that does futures, and trade futures contracts.

Need a little capital to start.

bushwacker 04-13-2008 12:14 PM

Quote:

Originally Posted by vendot (Post 14061884)
How the fuck do you invest in commodities? I want to invest in rice, wheat, soya etc.... but I dont wanna keep sacks of rice in my yard.

How the fuck do you do this?

Buy futures contracts, and STAY away from options!!

davecummings 04-13-2008 12:48 PM

To end up with $100K, start with $500K? Commodities trading is, imho, close to gambling blindfolded.

Dave
Former Series 3 Licensed Commodities and Futures Broker

RayBonga 04-13-2008 01:03 PM

You can do it with ETFs too now, Simpler if you're just starting and don't want to dedicate to much time to it


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