Apr 27, 2020
In episode 260 of Financially Simple, Justin and Chris Steward of Heritage Investors 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 - Heritage Investors’ Position
19:39 - Conclusion
21:25 - Wrap Up
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Host Justin Goodbread, Certified Financial Planner, Certified Exit Planning Advisor, Certified Value Growth Advisor. He is a serial entrepreneur, author, speaker, educator, Investopedia Top 100 advisor, and business strategist with over 20 years of experience. Justin owns Heritage Investors LLC, a registered investment adviser with the State of Tennessee. Heritage Investors only transacts business in states where it is properly registered or is excluded or exempted from registration requirements. This material is for general information only and is not intended to provide specific advice or recommendations for individuals. To determine what is appropriate for you, please consult a qualified professional. The Financially Simple podcast provides information, guidance, and support to Small Businesses in the United States.