Oil is down around $100 a barrel today. If I had money, I'd buy a lot of it now. Granted, at 28 I have a lot of time to see what the price does. But even just looking a year or two out, does anyone think that price is going down? If we're looking a decade out, does anyone think it will be less than $200 a barrel in September 2018?
According to Bloomberg, a "Nymex Crude Future" is $103.37 today. I leave that as a proper noun because I honestly don't know how to make the grammar work for what I would indeed be buying. "I could buy a future barrel of oil"? "I could buy a barrel of future oil"? "I could buy an oil barrel future"? Anyway, in elementary school I was in a club in which each group got $1000 in play money to play investors. Today I'm buying a lot of oil futures with my play money. I'll let you know how I did when I decide to sell.