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The Water Cooler
General Discussion
Are low oil prices helping or hurting you?
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<blockquote data-quote="nofearfactor" data-source="post: 2779098" data-attributes="member: 1535"><p>Im Osage and a shareholder, been waiting patiently thru all of this BS. Income from Osage oil has been in my family from the beginnings of it in 1906, my grandfather and his family were original allottees, my grampa later inherited his parents shares which he passed down to us. Im 3rd generation headright holder. My mother, a retired banker and part time financial advisor to retirees, told me when I turned 18 and got my money to not ever rely on the oil income as my main income because of the up and down cycles she had seen since the 40s. She was right too about the cycles, and I never have relied on it, Ive always worked hard for myself and invested what extra money I have wisely and have saved like a miser to prepare for the thinner times, like we're in now.</p></blockquote><p></p>
[QUOTE="nofearfactor, post: 2779098, member: 1535"] Im Osage and a shareholder, been waiting patiently thru all of this BS. Income from Osage oil has been in my family from the beginnings of it in 1906, my grandfather and his family were original allottees, my grampa later inherited his parents shares which he passed down to us. Im 3rd generation headright holder. My mother, a retired banker and part time financial advisor to retirees, told me when I turned 18 and got my money to not ever rely on the oil income as my main income because of the up and down cycles she had seen since the 40s. She was right too about the cycles, and I never have relied on it, Ive always worked hard for myself and invested what extra money I have wisely and have saved like a miser to prepare for the thinner times, like we're in now. [/QUOTE]
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