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Strategies & Market Trends : Value Investing

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From: Grommit12/11/2008 9:56:13 AM
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I bought a couple hundred bbl of oil this week. USO. Not to be greedy, I just bought enough for my own use -- enough to cover my gasoline purchases for the next 4 years. So I locked in today's oil prices to cover my gasoline needs. I am hedged, just like a prudent airline might be. :o)

I can sell a few shares every few months to pay my gas bills. I think this is a good idea and am quite pleased with myself.

paid $35.11

unitedstatesoilfund.com

finance.yahoo.com

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