Get rich on resources
- Created:
- 28 July 2008
- Written by:
- Dominic Picarda
Have you started digging in the commodities field yet? After a barren couple of decades, speculating on raw materials has become one of the most exciting and profitable opportunities in today's markets. But when everyone starts getting in on the act, it is often a warning that things could be getting out of hand. This Masterclass aims to show you responsible ways of making money from commodities.
The background to the commodities bonanza and its sustainability are considered in our opening article, 'Everything you wanted to ask about commodities'. Then we explore two ways you can achieve rapid returns from day-to-day market movements in Rakesh Shah's insight into trading commodities via spread bets and covered warrants. Rakesh explains some further opportunities in 'Trading commodities like a pro: futures and options'.
If you're first and foremost a long-term investor, David Stevenson's article on the role of commodities in your portfolio is essential reading. For a fantastic way to get efficient, low-cost exposure to everything from agriculturals to zinc, check out our profile of exchange-traded funds. Especially for those of a nervous disposition, nothing can beat owning actual metals rather than a paper interest in an index. Our guide to physical ownership shows you how best to do this.