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The Financially Simple podcast is your one-stop resource for small business owners. Gain unique insights into growing, refining, and selling businesses. You will hear ways business owners have reduced their tax liabilities, increased their income, improved office morale, saved for the retirement of their dreams, and more.
Host Justin Goodbread is a serial entrepreneur, award-winning CFP® (Certified Financial Planning professional), CEPA® (Certified Exit Planning Advisor), and CVGA® (Certified Value Growth Advisor) with years of experience guiding business owners from start to exit in their business.

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.