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 A scam or a millionaire opportunity?
I received a mail which said my yahoo address win FOUR HUNDRED THOUSAND UNITED STATES DOLLARS according to the lotto number, but the mail said it was sent to some girl name mrsalicehenry@yahoo.com ...


 Why Have Stock Prices Dropped This Year (10 Points Best Answer)?
Like Berkshire Hathaway..Is it the economic recession? Inflation? Funding for Iraq war?...


 What specific stock have you purchased lately that you believe may be a winner..?
Not sseking advice-just want some ideas....


 Do you think Jim Cramer is insane?
...


 Why most of the nigerian and african peoples are asking foreign peoples help to transfer their funds.?
But if you donot send money to them for transfer fee, taxes, and other fees. If they really have money why not give them to their countrymen. Do they mean they are that rich? Does it mean these ...


 Should I buy Google stock now that it is in the S&P500?
...


 Which is a good broker with simple to use tools to begin investing in stock.?
I've been reading a lot about stocks and have gotten to a point where I think I've learned enough to begin investing. I'm not an statistical expert, so I am looking for an online ...


 73K lending Investments??
Ok a little more information than my last question.

I have 73K from an Inheritance. I'm 18- going to college and basically the deal is that I'm short 3K each year, my family is ...


 Who knows the best way to invest with only a little money?
I want to invest into something that grows with only a little assistance, I work full time and need to make more money. There are SO many fake investments or ways to make money I need a legate way. A...


 Expectation for Goldspring stock?? GSPG.OB?
how much do expect it to grow?...


 How can I invest money in a money market a/c? At a bank or a fund manager?
I do not hear much about them in UK.
If the money is available on demand and if they offer more interest than a savings a/c I would certainly be interested....


 Is there any one who made money with indian stock market?
...


 Survey: will sensex sunk down till 12000 pts?
...


 Can you suggest a good money market fund to put some money into for first time investor?
I have about 5K. I intend to learn about mutual funds though self-study. But I imagine it's not that complicated. Yes there are a bunch of different fee structures and risk scenarios.
B...


 Why American say Bucks for US dollars?
...


 I have litile mony what should i do to be rich man?
...


 Is this stock trading or mutual funds? Hurry need help!!!?
My mother is a real estate broker for an extremely large brokerage company. It's actually the 4th largest in the World. She told me that just like Microsoft along time ago, her company is ...


 How can I properly diversify my 401k?
I have a 401K through my employer. It is 100% vested.I'm 21, and a recent college graduate, so I'm told I have a lot of room to make mistakes, but I would like to avoid as many money ...


 Stock market challenge?
for my econ. class we are partner up in groups of 3 and we have 4weeks to buy any stocks. if any one can help me n tell me what will be some good stocks to buy that will make us lots of $money$ ...


 What can you learn from the stock market?
...



omyruin4it
What is the minimum amount of money needed to purchase oil on the futures market?
                     
 




sundance
Technically you aren't purchasing the oil - you are purchasing an oil futures contract AND for that you must must have a minimum amount of money in your account that is called initial margin. Keep something in mind about futures trading - you can lose more than your margin AND if you hold the contract that you buy and the price goes down - you will receive a margin call and if you don't meet this your trade will be liquidated. If you don't already have knowledge of how margin and futures work - definitely learn this before trading.

There are 2 oil futures contracts for you to trade - a full size contract and a mini contract. The full size contract has initial margin of $4050/contract AND the mini contract has initial margin of $2025. These were the margin rates as of 9/27/2006 - and these are for the November 2006 contract.


curious1223
If you don't know what you're doing, I recommend staying away from futures. Buy a mutual fund that holds oil stocks. Russian oil funds in particular, are very promising. Minimum for that ranges from $250 to $500. Often there is no minimum at all, if you sign up for monthly contributions of $50 or more.


Ron Mexico
Really no minimum, but you will have to pay a commision, so I would invest at least $1000.


vineto
Rating
Depends on what money you make and want to spend and of course want to make!!


scottdavidkuehne
Unless you are entering into a C.P.O.'s account the usual minimum a F.C.M. will accept is $3,000.


pocono58
Futures are bought on " margin " meaning a small percentage of the price .. usually 3-5% .. of the total. Contact a few brokers and find out what their commissions are .. futures are risky but you can make a fortune with only a small investment.


Ralfcoder
If you only have a small amount to start with, maybe you can find a mutual fund that specializes in the petroleum sector.


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