Quote:
Originally Posted by Resin M-I-C
my boy was trying hard to get me to invest in oil a couple months back, that and the fitbit shit
instead i hit up the tables and racetrack shiiiiit
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I mean, it's a no brainer big homie. It's oil, it's gonna rebound, oil has touched 100/barrel within the last few years. The cool thing is it looks like Saudi Arabia isn't playing ball with other nations so prices will stay down here or lower for months. Obviously the price can't stay this low forever and inflation is only gonna help. I believe oil will touch 20 a barrel but I will start buying when it reaches 25. If you have a good chunk of bread it's your best bet for mid term (1-3 year) gains, plus on a 1+year hold you only pay 15% taxes. Win-Win situation IMO...
Damn, I should've started chasing paper years ago, I'm getting too good at this shit...my mancave gonna look lovely soon.