After another week of wild financial markets, we saw another historic first yesterday where the price of oil actually went negative. Does this mean you should run out to your local gas station and have them pay you to store gas? Well, no - but it does drive home an important point:
You can't predict the future.
At the end of the day, trying to outguess the public markets is a great sales pitch but in reality is just not in the best interest of clients.
So should this new development in oil markets make you change up your overall investment strategy? Listen to this week's episode for Erik and Brandon's commentary on this event and their thoughts on the following questions that we've received over the last few days: