In times of cheap oil prices, the forward curve is often in contango.
That means that the price for a prompt delivery is cheaper than a delivery in the future.
So if you go long crude with futures, each month you have to roll your contracts before they expire, and buy a more expensive one. So you end up paying a premium.
Kinda like if you want to store oil to speculate, you have to pay for storage.
You might as well buy a basket of oil majors stocks, which are a pure play on oil prices
US is very different than Europe, because you pay from your own pocket for a lot of things (eg healthcare) that are state sponsored elsewhere. Also factor rent in NYC/SV
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2) Don't be too hard on yourself. Your brain needs some rest. Rest as long as you need. Don't ever compare yourself to Zuck, you see a billionaire now but he was a student when he started FB, and probably as lost as you are.
3) Not much time? Focus on the essential: find a real problem to solve. Maybe a problem you have, maybe a friend's. Maybe something related to your hobby. Don't focus too much on coding, maybe you can solve problems with a simple spreadsheet for now, and build a site when you have your first customers
That means that the price for a prompt delivery is cheaper than a delivery in the future. So if you go long crude with futures, each month you have to roll your contracts before they expire, and buy a more expensive one. So you end up paying a premium.
Kinda like if you want to store oil to speculate, you have to pay for storage.
You might as well buy a basket of oil majors stocks, which are a pure play on oil prices