On Jun 6, 4:07 am, kontiki wrote:
wrote:

Really? Got a $100K I can have to invest in the oil companies? I
don't have it myself, so your suggestion does me no good.

You don't need $100k in order to be an investor you doofus. Sign up
for a Schwab/Etrade/Scottrade account for as littel as $500.

Sheesh... the education system is this country is as corrupt
as the government. Oh yeah... schools are run by the government.

Oooh, so if I invest a whole $500 in oil, I might make what, $500 if I
am lucky? Wow, big deal...

It takes money to make money in the stock market. If you don't
already have it, you have nothing to leverage to make any real money.
Talk about needing an education! By the way, I have a B.S.E.E. and
have taken economics courses on the time value of money, so I
understand that anything less than $100K invested in oil isn't going
to make enough money to really be worth crowing about. With the cost
of living rising as fast as it is, you need to be making at least 10%
on your money, and $100K will only earn about $10K annually at that
rate of return. Housing, transportation and medical are the biggest
rising cost factors and they aren't included in the consumer price
index, specifically so that the government can claim low inflation!

Is $500 big money to you?