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| Subject:
long term gasoline related investment
Category: Business and Money > Finance Asked by: stevemadere2-ga List Price: $40.00 |
Posted:
15 Dec 2005 08:11 PST
Expires: 14 Jan 2006 08:11 PST Question ID: 606159 |
I am looking for an investment vehicle which is
a good proxy for the long-term price of gasoline.
specifically, these are the criteria:
1. I can buy/sell it in reasonably small
increments (less than $10k) on short notice
with an Ameritrade account.
2. If the pre-tax price of gasoline in the US
increases by 300% over the next 10 years, the price
of the security will most likely increase by at least
300% in that same time.
Note: If the answer is some kind of energy trust, show
that it is not depleting its reserves at too rapid a rate
to qualify for criterion 2 above. |
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