The Bakken in North Dakota continues to reveal opportunities to those brave souls willing to explore the new wild west. While most of the land grab phase is complete, we are still in the early stages of drilling and production. Since there is a shortage of pipeline infrastructure, trucks and rails are the primary crude movers. This presents a logistics challenge and many opportunities for investment or entrepreneurial start ups.
Can you think of any ways that this situation could benefit you? I can. Have you set up your self directed retirement vehicle? Are you ready to pounce on opportunities that present themselves?
If you are one of our clients, you are prepared to jump on opportunities because you have the ability to invest right here right now, without the delay of a custodian.