For any of you who has capital you use for speculating you may want to check out investing as a partner in an oil well with an established company with a good track record. For many this may seem far fetched but where I live in Texas it is quiet common. There are great tax advantages whether you hit oil or not and if the company hits oil you can have royalties coming in for many years. However, this type of investment is for people with money enough to take the loss if oil is not stuck, so don't go jumping in if you are not in that category. Just thought I would throw in something different. Here is a good article on the subject. The site is just for information, they are not trying to get you to invest.


Edited by Anne Holmes (02/22/12 02:24 AM)
Edit Reason: link deleted