Saturday, December 13, 2008

Box Office Futures

I read an article about the possibility of box office futures. Futures are only good for those people who follow something very closely and can usually predict whats going to happen next. For everyone else, futures does nothing but lose you money. No one really knows whats going to happen to certain prices over the next 6 months. Futures are nothing but speculation and that is what makes this game fun. Speculation drives up prices and people can then make lots of money. The problem arises when people get too greedy and dont want to get back out (tech bubble, recent oil surge, etc.). Prices fall twice as far as they rise. Its fun and sometimes rewarding to ride the surge. One just needs to realize when to take profits and start searching for the next investment opportunity.

No comments:

Post a Comment