Oil prices have collapsed in 2020 following the outbreak of the corona pandemic, down a mega 63% since the start of the year at time of filming in April.
The West Texas Intermediate oil price has just fallen through the floor. At time of filming it was low at around $23 a barrel – it used to be at $135 in 2008, its historical high. By video release date it had fallen even further to just $6 a barrel! Buy Buy Buy!
In this video we’re going to cover why Oil prices are so low, the easy ways you can invest in Oil, and how we just invested in Oil the MoneyUnshackled way – layering in cashflow and diversification into this classic growth asset. Let’s check it out!
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T&Cs: These videos are provided for information and entertainment purposes only. The content is not intended to be a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy as it is not provided based on an assessment of your investing knowledge and experience, your financial situation or your investment objectives. The value of your investments, and the income derived from them, may go down as well as up. You may not get back all the money that you invest. The investments referred to in this video may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser.