[REWahoo]

Quote:

Originally Posted by Nords ...assuming that its share price rises directly in proportion to gasoline prices. I wonder how much of a portfolio % that'd work out to be.

If your point is I'm making a mountain out of a mole hill, there is some validity there. However, I feel compelled to mention the discussion we had a while back where you were trying to determine if you could save $1.76 per month on your phone bill by dropping caller ID, or something to that effect.

To your question, I would probably need to purchase an EFT somewhere in the nature of 1 - 1.5% of our portfolio.

Quote:

Originally Posted by Nords Then if oil hits $150/barrel again, would you yell "Yee-haw!", tank up the Class "A", and hit the road knowing that your trip was paid for by your profits? When would you sell the shares?

My thinking is to sell enough shares to cover the delta between the cost of diesel at the time I bought the EFT and the cost when we hit the road.

Quote:

Originally Posted by Nords If oil stays below $60/barrel or if you lose money on USO, would you stay home?

No, I'd be happy that my day-to-day costs for gas to drive the cars plus the cost of diesel was affordable. Maybe no "Yee-hawing" when we hit the road in the motor home, but no trip cancellations either.

Quote:

Originally Posted by Nords We buy a pizza at Costco every week and have probably spent over $3000 in that pursuit over the last five years, making us hostages to the mozzarella futures market, but we don't own stock in the store...

What? I thought you had a big slice of cheese futures? Oh, I guess that wasn't mozzarella, it was beever cheeze. And maybe I'm confusing you with CFB...