Hurricanes are traded in the form of futures contracts along with other weather products. Although you can’t buy or sell a hurricane, there are other reasons that investors invest money in to these monster storms.
Don’t know much about a futures contract and you can’t think of any possible way that investors could possibly trade a hurricane? Keep reading. We’re going to learn everything we need to know about these futures contracts.
Rising towards $2,000 during trading on Tuesday, investors may have been tempted to sell gold after the drastic 10% correction this morning. Gold is a commodity, but trades like a currency. Minor news events and people’s speculations can thus make it quite volatile. If you invest in gold as a hedge, these fluctuations shouldn’t sway your … Read more
It’s time for me to take a deep breath and step back from monitoring the market. After last week’s roller coaster, I’m too drained to worry about what will happen this week.
If you’ve ever played Roulette, those precipitous gyrations reminded me of betting on RED or BLACK. A rather simplistic choice with devastating consequences, you either win or loss.
Being a rather conservative investor, I’m of the “Go Long – Go Vanguard” approach through low-cost indexing; however, it’s undeniably hard to resist the mountains of financial products and tactics available.
Chatting with a friend who works in finance, we reviewed the different option strategies for hedging against short term losses. Even as a Chartered Financial Analyst (CFA), he admitted having a limited grasp on the actual execution of these theories. Both of us have resolved to spend the time to learn more about these after our respective obligations (Him: GMAT & marathon, Me: GRE & half-marathon).
From there it was a slippery slope.
Update: After stumbling across this gem, the post needed to be updated! Forbes’ magazine ran an article starting with the sentence: “If you want to get really rich in medicine forget biotech or drugs medical devices is where the big money is“.
You’ve heard it before.
Maybe it didn’t register at first, but once you know what to listen for – you’ll realize you’ve heard it a hundred times.
Someone – somewhere – at some point, has told you where to find the “real money”.
Most likely it was another colleague, possibly a mentor, or it could have even been a client. The speaker will preface their statement with some sort of qualifier: “well, I have things pretty good here” or “this job pays well enough”…….but…..
That’s not where the REAL money is. The REAL money is in _______.
Whatever it is, you are not in it.