Most of our end buyers are blue collar guys in various trades, not just oil.

Oil stock, ETF's, and futures are trading a incredible lows right now, some half of what they were a year ago.

If you know buffets history of inside trading while at Goldman Sachs and his crony capitalist relationship with heads of state you may want to rethink that whole honor and integrity thing

The gains go back into the IRA or 401k, and in the case of flipping houses - which is considered a trade or business activity - there is a tax implication on the profits from the flip through UBTI (look it up).  

. -- Don’t just be a “jack-of-all-trades" Even though I am. 5.

I was so "into it" that I registered and started an investment club - the Boise Stock Exchange, where I taught my techniques to others (for free - it was a meetup group).I was met with skepticism from other traders, simply because they had; never traded futures, had heard horror stories about trading futures, knew nothing about how to trade futures, and could not fathom the amount of risk I was taking or the leverage ratio I was employing.  

I agree on all your points.Being new to real estate can also be like giving 5 year old matches or razor blades to play with; you can cause unintentional consequences if you don't know what you're doing. 

Too many times we jack of all trades tend to take on more than we should and it turns in to more lost time.

This week I went to the Apartment Owners Association trade show and networking event.

He is a general contractor by trade.