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When you reach a certain age or start a family or get married, you may get pressure to buy a home. This video shows the benefit you really get from those. That means you could buy $100,000 worth of oil futures for only $5,000. Driving with its regular tires in the snow can be scary, so you might need to buy winter tires that cost around $2,000. At this point, click "buy", and you … Sharp and smooth If you love it and can afford it, get it! In finance, a futures contract (sometimes called futures) is a standardized legal agreement to buy or sell something at a predetermined price at a specified time in the future, between parties not known to each other.The asset transacted is usually a commodity or financial instrument.The predetermined price the parties agree to buy and sell the asset for is known as the forward price. The unfortunate thing is that even if you get winter tires, you still won't have peace of mind. 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