Our government is spending $1,900,000,000,000 over their intake of income THIS year. I cannot comprehend this number and what has happened to this money.
a further question: we are in a lot of trouble with "our government"....and what profession do most politicans begin? Why, LAWYERS of course. I wonder if there is a straight line correlation on all of this. There HAS to be a correlation. The Old Hermit sips his coffee and muses on this.
Ask certain foreign nations. I saw an article recently that we're funding 3 million text books for kids in the Ukr because printing houses were recently destroyed. Meanwhile, too many kids in our own backyards can't read at the appropriate level!
The US economy is a powerhouse with a diverse range of sectors. The stock market and the dollar have traditionally been safe havens due to their long-term growth and stability. However, potential downturns are part of the economic cycle, and laws are in place to manage defaults and asset seizures. Inflation can be a concern, but remember, certain assets like stocks and Crypto’s acts as a hedge. Long & short-term trading is generally safer, allowing investors to weather market volatility. I have managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Francine Duguay, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
The key to financial stability is having the right investment suggestions for a diverse portfolio. Many investment failures and losses happen when you invest without proper guidance.
I pray God blesses your new inspired company in real estate, your caring heart comes through on the video and I pray blessings on your family also as you hope to help others. Faith, family and friends are so important in these times we are living. The world needs more people like you and this channel 🙏Danuta
If you’re going to help people and NOT just yourself-what a fantastic idea. I’ve just never been one to benefit off of someone else’s demise due to what our govt has done to them. If they did it to themselves, that’s another story and one they hopefully learn from, like you. Take care❤good luck!!
Congratulations on your game plan, there is an accountant on UA-cam named JJ the CPA I couldn’t recommend enough might be worth watching some of his material regarding setting up of the business.
I doubt we will ever go back to the extremely low interest rates which have caused moral hazard and over leverage. The fed does not control the long end of the curve. Hard to stop the gravy train but it is over. Most thought the free money would last forever.
Matt you are one in a million. Very proud of you, my friend. Best wishes for you and your family in future endeavors. You are an inspiration to me. GOD BLESS
Yes the location of the properties will be important. Some states were impacted more than others with the moratoriums. I am taking that into consideration while at same time not letting fear of what might happen stand in the way. Thank you for your your important comment 👍🙏
We paid off our current house and all our debts, have credit scores over 800, and have 54% of our income going into a high interest savings account. We really need a larger home, were actively working with an agent in 2019-20 to find one, but got sidelined and then priced out of the market with COVID. We're as prepared as my family can ever get. Just need the housing market to do its part, and return to earth. If it doesn't, even what we've done is probably not going to be enough.
Since i've started investing in real estate in 2013 i've heard a different reason every single year why "the real estate market will crash next year". After making several million dollars in equity and replacing all of my M.D. day job income with cash flow from real estate, i'm still seeing videos telling me why real estate will crash any time now.
Congratulations and looking forward to hearing more about your new family business!. Just curious… what is the age limit to being called to jury duty in CA? In FL, it’s 70 years old.
The thing with real estate is, some states have very favorable squatter laws :-( and after Covid we have learned that apparently the president has the authority (I don't know by what or whom this would be granted and I think it's unconstitutional) to instate an eviction moratorium for renters. What if the government wants to "help" the people during the next crash, by putting a freeze on any evictions and people just stop paying rent. There are more renters than landlords that vote, by the way. I wouldn't want to deal with the people component in that equation...
The Democratic states are the states the support the squatters and punish the property owners. Just like they support the shoplifters and punish the stores.
Rental real estate is way too risky these days. Some did not pay rent for a few years. The landlord will never get that money. Plus the insurance, cost of repairs, etc. is very high.
Boom/bust cycles. Good for you starting a business that's going to help people. 👍
Our government is spending $1,900,000,000,000 over their intake of income THIS year. I cannot comprehend this number and what has happened to this money.
a further question: we are in a lot of trouble with "our government"....and what profession do most politicans begin? Why, LAWYERS of course.
I wonder if there is a straight line correlation on all of this. There HAS to be a correlation.
The Old Hermit sips his coffee and muses on this.
Ask certain foreign nations. I saw an article recently that we're funding 3 million text books for kids in the Ukr because printing houses were recently destroyed. Meanwhile, too many kids in our own backyards can't read at the appropriate level!
They have EMBEZZLED IT!
Get this. My local Dollar General closed because everyone quit. I think the store is done.
WOW !
maybe they are working from home?
@@carlh-thehermitwithwi-fi679- funny!
@@carlh-thehermitwithwi-fi679 😂😂
The US economy is a powerhouse with a diverse range of sectors. The stock market and the dollar have traditionally been safe havens due to their long-term growth and stability. However, potential downturns are part of the economic cycle, and laws are in place to manage defaults and asset seizures. Inflation can be a concern, but remember, certain assets like stocks and Crypto’s acts as a hedge. Long & short-term trading is generally safer, allowing investors to weather market volatility. I have managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Francine Duguay, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
Francine Duguay program is widely available online.
I appreciate the professionalism and dedication of the team behind Francine’s trade signal service.
Trading with an expert is the best strategy for beginners and busy investor s who have little or no time to monitor their trades.
The key to financial stability is having the right investment suggestions for a diverse portfolio. Many investment failures and losses happen when you invest without proper guidance.
It was quite challenging to understand the different trends on my own until i found out about Duguay. Trading made easy.
I pray God blesses your new inspired company in real estate, your caring heart comes through on the video and I pray blessings on your family also as you hope to help others. Faith, family and friends are so important in these times we are living. The world needs more people like you and this channel 🙏Danuta
You are a blessing and I appreciate you 🙏
Plato and saragosa said that Lucy's is the sky with diamonds 💎
I'm excited abt your new business venture and eager to follow along.
Thank you Ox
Thank you Attila 👍
If you’re going to help people and NOT just yourself-what a fantastic idea. I’ve just never been one to benefit off of someone else’s demise due to what our govt has done to them. If they did it to themselves, that’s another story and one they hopefully learn from, like you. Take care❤good luck!!
Another great informative video. Thank you Mr. Ox.
You have a BIG HEART ❤️!! We love you so much!
Momas itas said that we should go pray for all the shrimp boats 🚢 captain shrimp ing gumbo 😋 mmmmm good luck with all this stuff
You are a good man Matt.
Congratulations on your game plan, there is an accountant on UA-cam named JJ the CPA I couldn’t recommend enough might be worth watching some of his material regarding setting up of the business.
You motivate me . Thank you .
I doubt we will ever go back to the extremely low interest rates which have caused moral hazard and over leverage. The fed does not control the long end of the curve. Hard to stop the gravy train but it is over. Most thought the free money would last forever.
Matt you are one in a million. Very proud of you, my friend. Best wishes for you and your family in future endeavors. You are an inspiration to me. GOD BLESS
Matt, what about if another rent moratorium is declared, if another pandemic occurs?? Those landlords could not collect rent OR evict tenants!!!???
Yes the location of the properties will be important. Some states were impacted more than others with the moratoriums. I am taking that into consideration while at same time not letting fear of what might happen stand in the way. Thank you for your your important comment 👍🙏
We are trillions in debt because they keep printing and, all of the taxes collected go to foreign countries.
im not in any debt ?
Even if the F E D drops rates it won’t help-they will not drop. Inflation would skyrocket!!
Sir please understand that 1931 a car sold for a 1oo dollars 💸 cash out
Just the new approval on second mortgage is going to do quite a negative impact that is going to feel like a tidal wave to drown millions in debt 😮
We need a whole lot less debt, not more of it.
These 2nd g backed mortgage borrowers will blow the money and end up in foreclosure and bk.
We paid off our current house and all our debts, have credit scores over 800, and have 54% of our income going into a high interest savings account. We really need a larger home, were actively working with an agent in 2019-20 to find one, but got sidelined and then priced out of the market with COVID. We're as prepared as my family can ever get. Just need the housing market to do its part, and return to earth. If it doesn't, even what we've done is probably not going to be enough.
Good luck in your new endeavors, I wish you the best. There will be lots of opportunities coming especially in housing 🙂.
agree. Thanks Mike
Too many people have too many assets and not enough liquidity. Elevator shaft is coming.
Evening. Good to see you.
Since i've started investing in real estate in 2013 i've heard a different reason every single year why "the real estate market will crash next year".
After making several million dollars in equity and replacing all of my M.D. day job income with cash flow from real estate, i'm still seeing videos telling me why real estate will crash any time now.
Wait for the world's largest watch ⌚️ in the time ⏲️
I know a dentist who became a millionaire buying land and selling it it rich clients to build there houses on. Why distressed property? Thanks b
That's where the deals are, distressed properties.
@@granitemoss1451
Thanks just wondered.
Congratulations and looking forward to hearing more about your new family business!.
Just curious… what is the age limit to being called to jury duty in CA? In FL, it’s 70 years old.
Thanks Debbie. My understanding is minimum age is 18 but there’s no max age for prospective jurors
The thing with real estate is, some states have very favorable squatter laws :-( and after Covid we have learned that apparently the president has the authority (I don't know by what or whom this would be granted and I think it's unconstitutional) to instate an eviction moratorium for renters. What if the government wants to "help" the people during the next crash, by putting a freeze on any evictions and people just stop paying rent. There are more renters than landlords that vote, by the way. I wouldn't want to deal with the people component in that equation...
The Democratic states are the states the support the squatters and punish the property owners. Just like they support the shoplifters and punish the stores.
Rental real estate is way too risky these days. Some did not pay rent for a few years. The landlord will never get that money. Plus the insurance, cost of repairs, etc. is very high.
Poor student in the world s global mass mathematics
Motions in Limine before trial. Voir dire.
MILs first
Matt, what's Katrina's new artwork all about?
That’s actually from Saint Jude for some donations I made. It’s not Katrina. Great eye thank you
Unfortunately thy 99percent of the entire world
unless the 2nd mortgage pays off the first, you are a slave to your house
Too many commercials...every 2 min or less
I only got 1, was 13 min in, screw boob tube premium, sometimes they get ridiculous though
sorry guys and gals I have no idea on the ads. I have no control over that unless I don’t monetize the videos I suppose
1
👋
@@oxtalks what's up Matt I listen to you and JB's channels whenever they are on
Song by paul Mc arny and the wings 🪽