Apr 27, 2020
In episode 260 of Financially Simple, Justin and Chris Steward take a look at what’s going in with Oil at the moment.
With the Coronavirus reducing demand for products and limiting travel, the knock-on effect with regards to oil futures has been interesting, to say the least. Justin and Chris take a look at the causes and discuss an appropriate stance to take against such volatility.
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00:50 - Ask Justin feat. Chris Steward: What’s Up and Down and Up with Oil?
03:55 - What is Oil?
05:16 - Supply and Demand
06:53 - Creating a Glut
09:16 - The Rebound
10:31 - Buying Oil
12:56 - What the Pros Know
17:14 - Financially Simple's Position
19:39 - Conclusion
21:25 - Wrap Up
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Justin A. Goodbread, CFP®, CEPA,
CVGA, is a nationally recognized financial planner, business
educator, wealth manager, author, speaker, and entrepreneur. He has
20+ years of experience teaching small business owners how to
start, buy, grow, and sell businesses. He is a multi-year recipient
of the Investopedia Top 100 Advisor and 2018 Exit Planning
Institute’s Exit Planner Leader of the Year.
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