Argument against high gas prices

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.

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?

wrote:


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


Exactly. Do you expect them to just start paying you money while until
you save enough beer money to buy some shares? Sheesh go collect a
welfare check.

It takes money to make money in the stock market.

That's the general idea.

If you don't
already have it, you have nothing to leverage to make any real money.

Really? Wow I didn't know that!

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?


You are full of crap dude. I started with about $7K that I rolled over
from a 401K account from a previous job. I eventually rolled it into
a Roth and made modest contributions and investments over a period of
the last 7 years. Now the balance is over $80K and I didn't have to
break a sweat. And yes, I've taken the time to learn about investing
and researched stocks on my own. I've bought and sold shares in oil
companies over that time and made money. Its not rocket science.

You have a loser attitude.

wrote in message
oups.com...
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...

Just because you're "tapped"... (I could add some more acerbic adjectives to
describe childish envy...)

wrote in message
oups.com...
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?


$500 isn't big money to me, $0.01 is big money to me. I have change jars at
home, and a lot of what they are filled with is change I've picked up (yes,
I'll stop to pick up a penny), and I always check pay phones and vending
machines for change people leave behind. It adds up quite well over time.

"kontiki" wrote in message
...
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.

One follows the other.

If you loook back to the 1840's and Thomas Mann, you find that was precisely
the objective.

"M" wrote in message
oups.com...

I agree with you that high gasoline price maximizes oil company
profit. However as a pilot you can easily hedge on that by buying oil
company stock,

And if you pay the mob, thugs won't keep trashing your store.

I'm quite certain that I made far more from the oil companies than what I
paid
extra for the fuel, and I only have a small part of my 401k in the
energy sector.

I have an ethical problem with the idea that the way to combat corrupt
practices and preditorial pricing--which hurts the American economy--is to
invest in it.

Sorry. My conscience prevents me from doing that.

-c

On Jun 7, 10:32 am, "gatt" wrote:
"M" wrote in message

oups.com...

I agree with you that high gasoline price maximizes oil company
profit. However as a pilot you can easily hedge on that by buying oil
company stock,

And if you pay the mob, thugs won't keep trashing your store.

I'm quite certain that I made far more from the oil companies than what I
paid
extra for the fuel, and I only have a small part of my 401k in the
energy sector.

I have an ethical problem with the idea that the way to combat corrupt
practices and preditorial pricing--which hurts the American economy--is to
invest in it.

Sorry. My conscience prevents me from doing that.

-c

There's nothing predatory about it. We have about the cheapest gas in
the developed world, by far.
They don't come get your money--you drive to them and willingly give
it to them, generally in an inefficient car that has more available
horsepower than a small airplane and more cupholders than a country
bar.
The American economy has been hurt by its becoming drunk on cheap
energy instead of learning to do things efficiently, in terms of
outright efficiency as well as lifestyle. Hangovers hurt, but they do
serve their purpose.

wrote in message
oups.com...
On Jun 7, 10:32 am, "gatt" wrote:
"M" wrote in message

oups.com...

I agree with you that high gasoline price maximizes oil company
profit. However as a pilot you can easily hedge on that by buying oil
company stock,

And if you pay the mob, thugs won't keep trashing your store.

I'm quite certain that I made far more from the oil companies than what
I
paid
extra for the fuel, and I only have a small part of my 401k in the
energy sector.

I have an ethical problem with the idea that the way to combat corrupt
practices and preditorial pricing--which hurts the American economy--is
to
invest in it.

Sorry. My conscience prevents me from doing that.

-c

There's nothing predatory about it. We have about the cheapest gas in
the developed world, by far.

And the "high profits" go a long way to insure we continue to have "cheap
gas".

They don't come get your money--you drive to them and willingly give
it to them, generally in an inefficient car that has more available
horsepower than a small airplane and more cupholders than a country
bar.

I use my SUV to go to the corner store to buy tooth picks...one at a time.


The American economy has been hurt by its becoming drunk on cheap
energy instead of learning to do things efficiently, in terms of
outright efficiency as well as lifestyle.

In the US, fuel consumption per GDP is down; everywhere else it's UP.

Hangovers hurt, but they do
serve their purpose.

Maybe to go and get more petrol.

We could produce ten times more than we could "conserve".

"Matt Barrow" wrote in message
...

There's nothing predatory about it. We have about the cheapest gas in
the developed world, by far.

Nonsequitor. We also have some of the greatest freedoms and civil rights in
the world but by and large we wouldn't allow that to be used as justfication
for infringement upon them.



-c