Buffett’s acquisition of Phillips 66, Building Wealth, Investing, Retirement, Stock Trading, Freedom, Liberty, Life, History

Episode 137:  With Warren Buffett’s recent acquisition of Phillips 66, many of you are asking if this means that oil has bottomed out and it might be a good time to start buying into the energy sector.  NO…I think it means exactly the opposite.  Furthermore, with Buffett buying a refinery, he must assume that the oil export ban won’t be lifted anytime soon.

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Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

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