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Message

re: These Oil Prices are BS!

Posted on 6/19/17 at 7:44 pm to
Posted by nawlinsbrah
New Orleans
Member since Jul 2015
126 posts
Posted on 6/19/17 at 7:44 pm to
quote:

So your one of the uppity people that have ruined Old Metairie


I wouldn't consider myself uppity. I went to public schools and enjoy most things in life you probably enjoy.
Posted by TigerBait2008
Boulder,CO
Member since Jun 2008
38286 posts
Posted on 6/19/17 at 7:45 pm to
quote:

move to our vacation house in a heart beat.




Rofl
Posted by ellishughtiger
70118
Member since Jul 2004
21182 posts
Posted on 6/19/17 at 7:45 pm to
How many financial advisors can one city have?
Posted by Delacroix22
Member since Aug 2013
4537 posts
Posted on 6/19/17 at 7:45 pm to
I love seeing sub-$2 gasoline prices

sorry baw
Posted by nawlinsbrah
New Orleans
Member since Jul 2015
126 posts
Posted on 6/19/17 at 7:45 pm to
quote:

Maybe you should get a real job.


I would argue financial planning/coach is a real job! Has anyone flipped houses before? I have good credit for a loan so any advice would be appreciated.
Posted by stelly1025
Lafayette
Member since May 2012
9894 posts
Posted on 6/19/17 at 7:45 pm to
You choose a career in the oilfield and therefore you know the deal. You also sound like you have overextended yourself so ultimately you have no one to blame but yourself.
This post was edited on 6/19/17 at 7:47 pm
Posted by Lacour
Member since Nov 2009
32949 posts
Posted on 6/19/17 at 7:45 pm to
Wasn't oil cheap for like basically 20 straight years until the beginning of this century?
Posted by LeClerc
USVI
Member since Oct 2012
2841 posts
Posted on 6/19/17 at 7:45 pm to
So leave, you think anyone here gives a shite?
Posted by yellowfin
Coastal Bar
Member since May 2006
98763 posts
Posted on 6/19/17 at 7:46 pm to
This will not go over very well
Posted by beerJeep
Louisiana
Member since Nov 2016
37728 posts
Posted on 6/19/17 at 7:46 pm to
quote:

Last week I bought gas for under 2 bucks. Been a long time.


I can't remember the last time I bought it for over 2 bucks... It's been under around br for a hot min
Posted by baobabtiger
Member since May 2009
4935 posts
Posted on 6/19/17 at 7:47 pm to
Thank fracking. Not OPEC. Because of fracking in places like Louisiana OPEC has lost much of their power. Oil prices cannot come up any time soon.
Posted by ellishughtiger
70118
Member since Jul 2004
21182 posts
Posted on 6/19/17 at 7:48 pm to
quote:

Has anyone flipped houses before? I have good credit for a loan so any advice would be appreciated.



I would buy in Metaire, lake side between the mall and orleans parish line. Those houses are out of date but GOLD!
Posted by nawlinsbrah
New Orleans
Member since Jul 2015
126 posts
Posted on 6/19/17 at 7:48 pm to
quote:

You choose a career in the oilfield and therefore you know the deal. You also sound like you have overextended yourself so ultimately you have no one to blame but yourself.


My career is not in the oilfield. My father-in-law owns oil wells and so my wife and I invested a significant portion of money for shares of his wells. I'm afraid to even speak to my father-in-law about it as he is known to be violent/quasi alcoholic during these tough times.

The silver lining could be that there's inflation with Yellen increasing interest rates and the oil is valued more. It's probably anyone's guess at this point.
This post was edited on 6/19/17 at 7:50 pm
Posted by GREENHEAD22
Member since Nov 2009
20564 posts
Posted on 6/19/17 at 7:48 pm to
Learn to live within your means
Posted by Rouge
Floston Paradise
Member since Oct 2004
138176 posts
Posted on 6/19/17 at 7:48 pm to
quote:

Wasn't oil cheap for like basically 20 straight years until the beginning of this century?
ehhh

2 huge crashes in the 1980s
Posted by nawlinsbrah
New Orleans
Member since Jul 2015
126 posts
Posted on 6/19/17 at 7:52 pm to
quote:

2 huge crashes in the 1980s


Yeah apparently Houston was hit very bad in the 80's. I'm just hoping this will be a short cycle. I'm also wondering whether maybe we should cap the amount frackers can frack in order to increase prices.
Posted by Trout Bandit
Baton Rouge, LA
Member since Dec 2012
14861 posts
Posted on 6/19/17 at 7:53 pm to
Frack that!
Posted by Lou Pai
Member since Dec 2014
29473 posts
Posted on 6/19/17 at 7:53 pm to
How are you a financial advisor?
Posted by Lacour
Member since Nov 2009
32949 posts
Posted on 6/19/17 at 7:54 pm to
quote:

My career is not in the oilfield. My father-in-law owns oil wells and so my wife and I invested a significant portion of money for shares of his wells. I'm afraid to even speak to my father-in-law about it as he is known to be violent/quasi alcoholic during these tough times.


A real let them eat cake kinda guy?
Posted by Martini
Near Athens
Member since Mar 2005
49623 posts
Posted on 6/19/17 at 7:54 pm to
quote:

Yeah apparently Houston was hit very bad in the 80's. I'm just hoping this will be a short cycle. I'm also wondering whether maybe we should cap the amount frackers can frack in order to increase prices.


I'm guessing reading your posts you aren't a very good Financial Planner. That field is full of morons like you.
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