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Politics : Formerly About Advanced Micro Devices

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To: bentway who wrote (618463)7/8/2011 2:31:29 PM
From: Tenchusatsu  Read Replies (1) of 1583677
 
Bentway, > One way to weed out speculation would be only to sell contracts to people who can TAKE DELIVERY!

There's always going to be speculation in some form or another.

For example, Southwest Airlines locked up a great multi-year deal on airline fuel back when the price was low. By definition, that would make them speculators, though they actually use the fuel they bought rather than sell it back.

Other speculators, the kind that won't use the fuel they speculate on, will always find ways around whatever regulation you propose. Like I said, this is a global market. You can always find buyers and sellers.

> Did you do as well?

I don't buy houses to flip, but I know several coworkers who do. Too much hassle for me.

I'm not impressed by "5x mortgage value" if said value is small and the result of many years of principal payments.

Getting at least 100% return on your equity is pretty good, though, but that depends on time frames.

Tenchusatsu
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