Mon, 14 Sep 2009

How to Get Rich Off the Weather

This isn't a "commodity exchange". It's a casino.

Did you know you can invest in the weather? It's true. You can actually make money speculating that the temperature in Sacramento, California, will be warmer than it normally is. If that's too dull for your portfolio, you can put money down on the inches of snowfall next winter in Boston, Massachusetts, or the strength of hurricanes in the Gulf of Mexico.

(link) [CNN]

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