Quote:
Originally Posted by Kard63
Can I call up etrade, open an account, and buy commodities just like I would stock? At $38 a barrel I'm ready to buy!!!
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If you want to buy oil, buy ticker symbol, USO. It's an exchange traded fund which reflects the price of oil. That's the easiest way to buy oil.
If you want to buy actual oil, ask your broker to explain NYMEX traded oil futures.