Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
Things are strange right now. The US dollar is becoming less valuable because of inflation, and other powerful nations waking up to trade in their own currencies. Good thing is, a lot of people still turn to the Dollar because of the safety is somehow assures. I'm worried about my retirement savings of about $420,000 losing value because of these factors and more. Where else can we keep our money?
It's a delicate season now, so you can do little or nothing on your own. Hence I’ll suggest you get yourself a financial expert that can provide you with valuable financial information and assistance
Very true! I've been able to scale from $50K to $189k in this red season because my Financial Advisor figured out Defensive strategies which help portfolios be less vulnerable to market downturns
'Carol Vivian Constable, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
Anyone remember 2008 - 2009 how Greenspan said everything is OK even as people were losing their homes. We are heading to what 2008 - 2009 was. Being lied to from all fronts
Yes, totally agree. In late 70’s the Jimmy Carter Admin engaged in excessive deficit spending which created massive inflation- then Reagan had Fed raise interest rates- then we had stagflation
Most Americans don’t even have anywhere near 1 million saved. Some have close to nothing going into retirement - my question, considering inflation/recession, what is really important for someone approaching 50, Is it paying off mortgage or saving aggressively?
@@PierreMoreau-w9q It matters not how much money you save, but how you handle it. Whether you work for a living or invest, it still boils down to revenue vs. expenses, so sure, you may look into financial consultants for a strategy that suits you.
@@FernandaRodriguez-l7v I completely agree. I recently retired at the age of 56, have no debt, and have a small quantity of retirement assets in comparison to my portfolio three years prior. The value of the invt-advisor can actually only be downplayed rather than dismissed. All you have to do is investigate it to find a reliable one.
@@DeborahPowell-u1j That is incredibly fascinating. How can I contact and interview a planner? I am in difficulties and considering my options, so I have been considering speaking with an expert.
@@AlbrechtFischer-g4n She is registered under her full name, Mildred Geneva Hyder, passed the examinations, and has a wealth of knowledge and training in the financial sector. She is well-known in the industry and has a plethora of knowledge regarding portfolio diversity. I suggest taking a closer look at her credentials. Her vast experience makes her an invaluable resource for anyone attempting to manage the financial market.
Steve is correct, there's two Econ 101 ways to bring down inflation, 1) raise interest rates to crush the economy, and 2) increase supply by lowering taxes and regulations, which lowers prices. The current regime picked the former, and we're all suffering as a result.
If they cut taxes but maintain current spending levels the Government will have to borrow the difference. Yes, tax cuts and delegation can eventually create more tax receipts but that takes time to happen and in the interim there would be massive additional treasury issuance.. They ned to cut taxes and cut spending 1:1
We know she will be the puppet of big business big tech and ruin our country while she lives in a gated community and watching us suffer and her laughing
I dont even know where the stock market is headed to right now. my portfolio of around 200k is not increasing more than 5% and people are predicting a crash .
Accurate asset allocation is crucial, I used hedging strategies to allocate part of my portfOlio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay finan-cially secure for over five years, yielding nearly $1 million in returns on invest-ments.
I just want my money to keep outgrowing the inflation rate. That’s why I'm looking for companies now to invest my $120k savings. Just don't know strategies to employ to make significant gains
Chose quality stocks and follow them up. If you're not one for such complexities, hire a wealth manager to grow your money. I use the latter. Pulled in more than $46k in the last two months alone.
Having an investment advisor is the best way to go about the stock market right now. I used to depend on UA-cam videos but it wasn't working. I’ve been in touch with an advisor for a while now, and just last year, I made over 80% capital growth minus dividends.
Unfortunately, not all of us were financially literate early. I was 35 when I finally educated myself and started taking steps. I went from $176,000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and over $1000,000 net worth. I know that doesn't SOUND like a lot, but I'm incredibly proud of it. Now I'm fast-tracking my wealth building (investing $400,000 annually) and don't owe a dime to anyone. It's a good feeling!
Don’t be confuse buying the dip in a bear market, with guaranteed future returns. Just because that company is down 60%+ from ATH does NOT make it a sound long-term investment. Make sure you’re investing in great companies. kudos to Elliot
The economy is crashing. To stop the economy from crashing, the FED needs to lower the interest rate. But lowering interest rates just makes inflation worst. It's like the Carter's years all over again.
It's more crucial than ever to have a firm grasp on money management, and navigating economic downturns in these unpredictable times. My main worry is how to increase my $240k reserve, I understand the long-term strategy, but my savings are being eaten up by inflation, and my portfolio is losing value every day. I need to find a solution.
If you need advice, consider speaking with a financial advisor. Don't get me wrong, you can do it on your own, but financial advisors have a lot more knowledge and expertise in this area.
You are completely right, Advisors have information and paths that are not disclosed to the public.. I profited $560k in 2023 under the tutelage of my Fiduciary-counselor. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.
This is huge! think you can point me towards the direction of your advisor? been looking at advisory management myself.. seeking ways to invest and make more money with the uncertainty in the economy.
I've experimented with a few over the past years, but I've stuck with the popularly ‘’Amber Michelle Smith” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
Thank you for the lead, searched Michelle by her full name and at once spotted her consulting page, she seems highly professional having over 12 years of experience. amazing!
Thirty five years of the government manipulating consumption have left no levers to push. Demographics and deglobalization is reducing supply. Trying to stimulate consumption with low interest rates has a much bigger affect on inflation now than it did back when there was an unlimited supply of Chinese farmers moving to Chinese cities to work in factories, pirates and terrorist weren't plinking ships, 1/3 of the global grain supply wasn't in a hot war zone, and baby boomers were still working.
it is sad, people have fought over will it be barack or wtf was his name republican guy, will it be hillary or donald, jo or donald.... not understanding that they all were/are bad....
Property tax, homeowner insurance, car insurance, utilities and administrative fees, have all gone UP ..Wallstreet claiming record profits for corporations, banking, insurance and retail...if someone is making profits, that means someone is buying. So what I see higher profits means higher taxes on profits. If you make to much money, you pay the tax ..in time it will not be worthy it.. so the higher the profits the higher the TAXES on the profits, O don't forget credit card companys !!!
@dennisg4053 YOU are absolutely correct, but their profits continued to increase because of laying off employees ,created even higher profits, which in turn is a business strategy...they didn't need those employees anymore,and decided to cut payroll and continuing to make higher profits ...Wallstreet continuing to invest these companies which are called..FAANG accounts ! AI will create less man power in the future ! In the long term, AI is great for manufacturing goods and services... with fewer working people and higher profits margins!!!!
it is very hard in november to change politician that do all the same : spending money that don't have. but in the next 4 years let us talk with third, fourth... party that can change it.....
Fdorbes is to9o partisan to see trumps part in the inflation. Over spen ding 7 trillion in just 4 years, stopping the fed reserve from raising iunterest rates.
I woke up to the tragic drawbacks of our debt-based financial system during the last financial crash. Through discipline, determination and Abby Joseph Cohen my financial advisor, I was able to retire recently in my early '50s with a bit of land in the Williamson act on the California coast and an investment portfolio that can sustain my daily living. I try to spread the word and encourage many people I meet it is possible to achieve the goal of independence. Living below your means can be enormously rewarding! Practice humility and above all, Invest in the financial markets with expert guidance.
I know this lady you just mentioned. Abby Joseph Cohen Services is a portfolio manager and investment advisor. She gained recognition as a former employee at Goldman Sachs; a renowned investor she is. Abby Joseph Cohen has demonstrated expertise in investment strategies and has been involved in managing portfolios and providing guidance to clients.
Well her name is 'ABBY JOSEPH COHEN SERVICES'. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Been debt free for two years thanks to Abby Joseph Cohen Services. So sad to see my friends in their 40s with car loans, mortgages and credit card debt.
Inflation is worldwide and the result of the failure of Capitalism. The President of Kroger is bragging about how inflation is good for profits. As a result, a new word has been coined, "greedlation". Oil companies are making record profits. CEOs and Boards of Directors are getting record bonuses. Chevron was paying dividends of $1.00 per share at the end of the pandemic. Now it is paying $1.60. The UK passed a windfall profit tax on oil companies to help ordinary Britains. The GOP would never allow that in the US. So it is not Biden who is making prices rise. It is billionaires protected by the Grand Oligarchy Party. Consolidation of wealth is the biggest threat to the country. It is the result of Republican trickle down tax policies. While the rich get richer. Millions of Americans are forced out of the middle class. A Republic cannot survive when 10% of the population ownes 70% of the wealth.
How else are they going to pay back the atrocious $35 trillion of debt and interest? They’ll never do that…. Hyperinflation will be their only solution
Hallelujah 🙌🏻!!!!! The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻. I was owing a loan of $49,000 to the bank for my son's brain surgery, Now I'm no longer in debt after I invested $11,000 and got my payout of $290,500 every month…God bless Mrs Susan Jane Christy ❤️
Wow that's nice She makes you that much!! please is there a way to reach her services, I work 3 jobs and trying to pay off my debts for a while now!! Please help me.
The Democrat strategy is trickle down taxation.. It works for them because the majority of Dem voters don't pay significant federal taxes. There is no so-called federal wealth tax, funds that are construed as income can be taxed. A federal wealth tax could open the way to a national property tax. Billionaires like Bezos don't pay income tax - they can afford to donate to the left as a kind of bribe : no wealth tax for them
The problem is, our congress men and women are paid $189,000 a year. Wouldn't make more sense that if we wanted them to act and vote for pro-average American policies we would pay them medium wage of the average worker in their respective state? But course they are the ones with the finger on the scale of how much they should be paid, which I think any reasonable person would agree, is a ridiculous power for someone to have for themselves when handling others money.
Screw a child tax credit!!!!! I'm 60 years old. I made sure I never had children because I didn't want to pay for raising children. A child tax credit is a child support tax on everyone who behaved responsibly and didn't have children they couldn't afford to support themselves. Right up there with friggin property taxes I pay every year to educate OTHER PEOPLE'S CHILDREN!!!!! If you breed 'em, you feed 'em, educate 'em, clothe 'em....and everything else they friggin need. If you breeders can't feed your children, that's your problem .......not mine!!!!!!
How about paying more for Medicare because you worked harder? Then you're penalized for having that income as a senior? That's not Americanism, that's socialism.
On the tax issue 50% of US households currently pay zero federal income tax. The top 20% of wage earners pay 86%+/- of federal income taxes. Time to means test Social Security.
When you reduce government spending, you automatically help reduce inflation. The biggest and fastest way to reduce government spending is to cap the upcoming increase in the COLA payments for every government entitlement and salary.
Let's "Make America Great Once Again ", by telling OUR GREEN liberal "FBI and CIA " to quit lying and instead choose to SUPPORT OUR law enforcement ! 😅
This is the same kind of economy that Obama had remember the full-time worker was put aside and all these part-time jobs were created. You can't pay your bills on part-time jobs.
The Market have been suffering over the past month, with all the three indexes recording losses in recent weeks. My $400,000 portfolio is down by approximately 20%, any recommendations to scale up my returns before retirement will be highly appreciated.
Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
Svetlana Sarkisian Chowdhury is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
Fed is always late. So cutting rates won’t help. It’s a reactive move and by the time the Fed steps in, the economy will be in free fall already and the Fed will go in a frenzy of cutting rates. It’s coming.
There are massive risk to the FED by cutting early. Unemployment ticking up a percent or two isn't automatically deflationary. If the FED cuts and then inflation starts to rise again there would be serious bond market chaos.
@@jonathantaylor6926 By the time the Fed does anything, it will be too late. The wheels are already in motion for a severe economic downturn. The Fed will just react once they have the trailing data and by the time several rate cuts are done, we will be at the bottom. Same story every single time.
You can’t blame this economy on Trump it was Bidens economy and policies that caused inflation and this situation the democrats spent money like drunken sailors
News Alert! Inflation hasn't just started to affect us. People have been suffering greatly from inflation for almost a century, but notably after 1971. During the industrial revolution, prices of products and services were auctioned down to the point that consumers could literally buy them for as little as a penny thanks to a free market and sound money. All of the problems we have today are a result of government meddling.
It has never been easier to understand how to build your money than it is right now, when you may study and experience a completely variegated market passively by employing a successful portfolio-advisor. The impacts of the U.S. dollar's gain or fall on investments, in my opinion, are complex.
I think it's great to use a portfolio advisor when investing. Before I met with a certified portfolio advisor during the pandemic crash in March 2020, I had recently started having terrible dreams. Finally, with the help of my advisor, I was able to increase my initial investment of $400k to over $2.8 million dollars.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with “Iynne Marie Stella” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
Things are strange right now. The US dollar is becoming less valuable because of inflation, and other powerful nations waking up to trade in their own currencies. Good thing is, a lot of people still turn to the Dollar because of the safety is somehow assures. I'm worried about my retirement savings of about $420,000 losing value because of these factors and more. Where else can we keep our money?
It's a delicate season now, so you can do little or nothing on your own. Hence I’ll suggest you get yourself a financial expert that can provide you with valuable financial information and assistance
Very true! I've been able to scale from $50K to $189k in this red season because my Financial Advisor figured out Defensive strategies which help portfolios be less vulnerable to market downturns
How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings?
'Carol Vivian Constable, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
Anyone remember 2008 - 2009 how Greenspan said everything is OK even as people were losing their homes. We are heading to what 2008 - 2009 was. Being lied to from all fronts
it is called gaslightening.... pain, pain, pain - next 5-10 years. get ready...
Geenspan, WOAT.
Yes, totally agree. In late 70’s the Jimmy Carter Admin engaged in excessive deficit spending which created massive inflation- then Reagan had Fed raise interest rates- then we had stagflation
Then a massive recession occurred in the early 80’s
@@michaelmcclurg9698 pain , pain, pain... for at least 80% of the people... we passed point of no return ( 35 trillion debt )
I like Mr Forbes😊
Most Americans don’t even have anywhere near 1 million saved. Some have close to nothing going into retirement - my question, considering inflation/recession, what is really important for someone approaching 50, Is it paying off mortgage or saving aggressively?
Think about budgeting.
@@PierreMoreau-w9q It matters not how much money you save, but how you handle it. Whether you work for a living or invest, it still boils down to revenue vs. expenses, so sure, you may look into financial consultants for a strategy that suits you.
@@FernandaRodriguez-l7v I completely agree. I recently retired at the age of 56, have no debt, and have a small quantity of retirement assets in comparison to my portfolio three years prior. The value of the invt-advisor can actually only be downplayed rather than dismissed. All you have to do is investigate it to find a reliable one.
@@DeborahPowell-u1j That is incredibly fascinating. How can I contact and interview a planner? I am in difficulties and considering my options, so I have been considering speaking with an expert.
@@AlbrechtFischer-g4n She is registered under her full name, Mildred Geneva Hyder, passed the examinations, and has a wealth of knowledge and training in the financial sector. She is well-known in the industry and has a plethora of knowledge regarding portfolio diversity. I suggest taking a closer look at her credentials. Her vast experience makes her an invaluable resource for anyone attempting to manage the financial market.
Thanks: Steve Forbes. We always look forward to your commentary.
I have a good paying job and I have to cancel my vacation in November. My budget for everything has doubled. I have to keep my AC units off.
Get a greeter job at Walmart.
Yes, us the blue collar, middle-class quality of life shrinking…😢
I haven’t turned my AC on in a year, just using fans. It was 97 here yesterday. My power bill is $800 a month if I use my AC and $300 if I don’t b
@@Cryptosifu
Those are amazing numbers outright frightening
So get 2nd or a better job, problem solved
Steve is correct, there's two Econ 101 ways to bring down inflation, 1) raise interest rates to crush the economy, and 2) increase supply by lowering taxes and regulations, which lowers prices. The current regime picked the former, and we're all suffering as a result.
If they cut taxes but maintain current spending levels the Government will have to borrow the difference. Yes, tax cuts and delegation can eventually create more tax receipts but that takes time to happen and in the interim there would be massive additional treasury issuance.. They ned to cut taxes and cut spending 1:1
I think cutting interest rates will be a mistake
What about govt spending?
@@crb4059 that too
@@crb4059 yes, that too causes inflation.
We are already in a depression.
harris isn't the one picking the vice president. harris is being told who the vice president will be.
Very much like Biden was told , pick Harris,
We know she will be the puppet of big business big tech and ruin our country while she lives in a gated community and watching us suffer and her laughing
Obama@@sharonroller8849
She gave that white boy a big kiss ! ❤
@@poormiserablesinner4600 you bs artists are a joke. u know n o t h i n g
I totally agree 💯 with steve , the whole democratic regime she take a PERMANENT VACATION !!!
We the whole country wants to know why the Biden family got knowing from dollars from these countries it's been too long we want to know now
I dont even know where the stock market is headed to right now. my portfolio of around 200k is not increasing more than 5% and people are predicting a crash .
i'd advise you redistribute assets in your portfolio with the help of a pro so you don't get burnt in the market
Accurate asset allocation is crucial, I used hedging strategies to allocate part of my portfOlio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay finan-cially secure for over five years, yielding nearly $1 million in returns on invest-ments.
Amber Michelle Smith is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Thank you for the lead. I searched her site up and filled the form. I hope she gets back to me soon.
AMEN FORBES
I just want my money to keep outgrowing the inflation rate. That’s why I'm looking for companies now to invest my $120k savings. Just don't know strategies to employ to make significant gains
Chose quality stocks and follow them up. If you're not one for such complexities, hire a wealth manager to grow your money. I use the latter. Pulled in more than $46k in the last two months alone.
Having an investment advisor is the best way to go about the stock market right now. I used to depend on UA-cam videos but it wasn't working. I’ve been in touch with an advisor for a while now, and just last year, I made over 80% capital growth minus dividends.
I wouldn’t mind getting in touch with your advisor. In few years I will retire and my portfolio will definitely need some management.
Rachel Sarah Parrish is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
Unfortunately, not all of us were financially literate early. I was 35 when I finally educated myself and started taking steps. I went from $176,000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and over $1000,000 net worth. I know that doesn't SOUND like a lot, but I'm incredibly proud of it. Now I'm fast-tracking my wealth building (investing $400,000 annually) and don't owe a dime to anyone. It's a good feeling!
Wow you give me hope
Please how's that possible, I'm curious
Please how do i go about it, am still a newbie on investment trading and how can I make profit?
Don’t be confuse buying the dip in a bear market, with guaranteed future returns. Just because that company is down 60%+ from ATH does NOT make it a sound long-term investment. Make sure you’re investing in great companies. kudos to Elliot
Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading
Steve Forbes is no slouch at facts and figures.
He's the past...
Have to remember he's not in charge and the people that are in charge have failed America 🇺🇸 and the world the slugs are in the democrats corner.
@@darkdan3379no he’s the present
He is telling the “BORING” reality of the condition of our country. Stock up on your dry goods.
@@darkdan3379 You have no future if you believe the Democrat social programs are progressive.
Steve Forbes. Listen and learn
Definitely
P/t jobs up, full time jobs down; cause:Obamacare.
it is not obama care. it is spending, spending, spending. acting military power.
Stop printing money
The economy is crashing. To stop the economy from crashing, the FED needs to lower the interest rate. But lowering interest rates just makes inflation worst. It's like the Carter's years all over again.
It's more crucial than ever to have a firm grasp on money management, and navigating economic downturns in these unpredictable times. My main worry is how to increase my $240k reserve, I understand the long-term strategy, but my savings are being eaten up by inflation, and my portfolio is losing value every day. I need to find a solution.
If you need advice, consider speaking with a financial advisor. Don't get me wrong, you can do it on your own, but financial advisors have a lot more knowledge and expertise in this area.
You are completely right, Advisors have information and paths that are not disclosed to the public.. I profited $560k in 2023 under the tutelage of my Fiduciary-counselor. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.
This is huge! think you can point me towards the direction of your advisor? been looking at advisory management myself.. seeking ways to invest and make more money with the uncertainty in the economy.
I've experimented with a few over the past years, but I've stuck with the popularly ‘’Amber Michelle Smith” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
Thank you for the lead, searched Michelle by her full name and at once spotted her consulting page, she seems highly professional having over 12 years of experience. amazing!
Interest rates aren't included in the CPI because higher rates benefit savers.
Flat Tax is the best policy ! It would save each taxpayer so much $ in not having to pay a tax preparer & not needing an IRS !
Thirty five years of the government manipulating consumption have left no levers to push.
Demographics and deglobalization is reducing supply. Trying to stimulate consumption with low interest rates has a much bigger affect on inflation now than it did back when there was an unlimited supply of Chinese farmers moving to Chinese cities to work in factories, pirates and terrorist weren't plinking ships, 1/3 of the global grain supply wasn't in a hot war zone, and baby boomers were still working.
it is sad, people have fought over will it be barack or wtf was his name republican guy, will it be hillary or donald, jo or donald.... not understanding that they all were/are bad....
Property tax, homeowner insurance, car insurance, utilities and administrative fees, have all gone UP ..Wallstreet claiming record profits for corporations, banking, insurance and retail...if someone is making profits, that means someone is buying. So what I see higher profits means higher taxes on profits. If you make to much money, you pay the tax ..in time it will not be worthy it.. so the higher the profits the higher the TAXES on the profits, O don't forget credit card companys !!!
And the taxes paid come after lawful deductions, tax loopholes.
Apple, Microsoft and other Big Tech giants have already laid off around 20,000 employees each. They have been cutting expenses
@dennisg4053 YOU are absolutely correct, but their profits continued to increase because of laying off employees ,created even higher profits, which in turn is a business strategy...they didn't need those employees anymore,and decided to cut payroll and continuing to make higher profits ...Wallstreet continuing to invest these companies which are called..FAANG accounts ! AI will create less man power in the future ! In the long term, AI is great for manufacturing goods and services... with fewer working people and higher profits margins!!!!
My rural farm/ranch annual insurance policy increased $2,000/yr after being reasonable for the last 20 years.
it was reasonable because printing money , spending money that we didn't have....
The bankers want to buy your land with worthless currency. you will own nothing but be happy
For once, can the government just leave the economy alone? Don't you people already have enough in your pockets? Smh.
"How much money does it take to make a man happy? Just one more dollar." - John Rockefeller.
it is very hard in november to change politician that do all the same : spending money that don't have. but in the next 4 years let us talk with third, fourth... party that can change it.....
Indian say, White man never have enough.
We are getting the same price for cotton that farmers got in the 60’s and 70’s. Farmers can’t survive this.
This administration is doing all they can to stop farming all together.
@@tinydancer36yep. You're 100% correct. Heinous
They don't want you to survive it
Tax the tax democrat ideology
Fdorbes is to9o partisan to see trumps part in the inflation. Over spen ding 7 trillion in just 4 years, stopping the fed reserve from raising iunterest rates.
Yep, only tax those who vote Democrat...
Dems just LOVE high taxes... on other people. 😕
Democrats pay more in taxes than republicans. Just look at a state-by-state breakdown. Red states take in more than the pay out.
DEMOCRAT FY2025 buet woukd add $4.9 TRILLION in nex taxes on American familiies and producers ^^ source HOUSE BUDGET COMMTTEE
Defund the federal government. Reduce the size of it.
Federal spending has to be GREATLY reduced, the ONLY way to stop inflation.
@@crb4059 omg how s t u p i d can u b?
I'm an 85-year-old senior. how do you think this is affecting us? We can't go out and work. Using up all my savings.
Blaming JD Vance for anything is crazy
I woke up to the tragic drawbacks of our debt-based financial system during the last financial crash. Through discipline, determination and Abby Joseph Cohen my financial advisor, I was able to retire recently in my early '50s with a bit of land in the Williamson act on the California coast and an investment portfolio that can sustain my daily living. I try to spread the word and encourage many people I meet it is possible to achieve the goal of independence. Living below your means can be enormously rewarding!
Practice humility and above all, Invest in the financial markets with expert guidance.
I know this lady you just mentioned. Abby Joseph Cohen Services is a portfolio manager and investment advisor. She gained recognition as a former employee at Goldman Sachs; a renowned investor she is. Abby Joseph Cohen has demonstrated expertise in investment strategies and has been involved in managing portfolios and providing guidance to clients.
How can i reach her, if you don't mind me asking?
Well her name is 'ABBY JOSEPH COHEN SERVICES'. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Been debt free for two years thanks to Abby Joseph Cohen Services. So sad to see my friends in their 40s with car loans, mortgages and credit card debt.
Thank you for putting this out looked--up ABBY JOSEPH COHEN SERVICES, her consuIting page came up at once, she seems highly grounded
Yes Steve. The people that suffer this way are -----.
Bidenomics at work !!
Bidenomics, a wreak like the democratic candidates!
@@Wistundra no it’s Reaganomics at work and his final stages
Does anyone know the last time democrats told the truth?
It was about the same time republicans told the truth.
Never
They Never have in 250 years ! 😂
@@bunkerbuster7939
No one tells the truth anymore tell you what you want to hear
You weirdly say that as you publicly support the proven and repeated lying SaFelonFraudTraitorRacist.
To clarify
Cut taxes; reduce regulation. Why is that so difficult to understand?
Demotards
Because cultural Marxists live in phantasy land.
Taxes and regulations are power. They don't want to cede power.
Inflation is worldwide and the result of the failure of Capitalism. The President of Kroger is bragging about how inflation is good for profits. As a result, a new word has been coined, "greedlation".
Oil companies are making record profits. CEOs and Boards of Directors are getting record bonuses. Chevron was paying dividends of $1.00 per share at the end of the pandemic. Now it is paying $1.60.
The UK passed a windfall profit tax on oil companies to help ordinary Britains. The GOP would never allow that in the US. So it is not Biden who is making prices rise. It is billionaires protected by the Grand Oligarchy Party.
Consolidation of wealth is the biggest threat to the country. It is the result of Republican trickle down tax policies. While the rich get richer. Millions of Americans are forced out of the middle class. A Republic cannot survive when 10% of the population ownes 70% of the wealth.
How else are they going to pay back the atrocious $35 trillion of debt and interest? They’ll never do that…. Hyperinflation will be their only solution
Hallelujah 🙌🏻!!!!! The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻. I was owing a loan of $49,000 to the bank for my son's brain surgery, Now I'm no longer in debt after I invested $11,000 and got my payout of $290,500 every month…God bless Mrs Susan Jane Christy ❤️
Hello!! how do you make such monthly, I’m a born Christian and sometimes I feel so down of myself 😭 because of low finance but I still believe God
Thanks to my co-worker (Carson ) who suggested Ms Susan Jane Christy
She's a licensed broker here in the states🇺🇸 and finance advisor.
After I raised up to 525k trading with her I bought a new House and a car here in the states🇺🇸🇺🇸 also paid for my son's surgery….Glory to God, shalom.
Wow that's nice She makes you that much!! please is there a way to reach her services, I work 3 jobs and trying to pay off my debts for a while now!! Please help me.
QUIT PRINTING MONEY!
Two faced tolerance
Put money back into the American peoples pockets. Lower taxes and watch the economy grow again. Stop being greedy!!!!!!!
The Democrat strategy is trickle down taxation.. It works for them because the majority of Dem voters don't pay significant federal taxes. There is no so-called federal wealth tax, funds that are construed as income can be taxed. A federal wealth tax could open the way to a national property tax. Billionaires like Bezos don't pay income tax - they can afford to donate to the left as a kind of bribe : no wealth tax for them
Forbes should replace Powell & Yellen
Always free and amazing results, thank you.
Look stop making it about red or blue and culture when government is spending more then they made
I agree with that headline.
Our government so dumb it's like in the same cycle just every 5 to 10 years it does the same stupid stuff
I love Steve forbes
$525 billion to Ukraine and $750 billion to illegals and $700 to Maui people that’s your president America..
4t to citizens pockets in 2020 and 2021 from Trump which started the inflation mess. Good try though lol
@@theunbearablebull The president in 2020 was Biden.....Good try though, lol
@@athena3865does your dumbass really not remember Trump passing 2 2t stimulus packages? You red necks really are stupid lol
Jim Jones 😎💬I'm fighting for your souls.
Joe Biden 😎💬I'm fighting for your souls.
Does anyone see the similarities in these cult leaders?
I’m looking forward to seeing what AI does with that!! LOL!! 😂😂😂😂
Yes, both passed away years ago
Absolutely see it
Government: "I'm fighting your.. fighting for your freedom."
Love Dagen
Vance should debate VP Harris!
Democrats for Trump 2024
Steve we r in depression sir poor people seniors know feel it
Democrats seemed to have all been absent or dropped every Economics subject in High School and College respectively!
That's the idea steal more taxes...
I really like Steve Forbes. He so right!
I'm done with Washington as it currently exists.
Why does nobody talk about the money printing
Because every president does it so why does it matter. Also, people do talk about it but they are going to do whatever they want
The problem is, our congress men and women are paid $189,000 a year. Wouldn't make more sense that if we wanted them to act and vote for pro-average American policies we would pay them medium wage of the average worker in their respective state? But course they are the ones with the finger on the scale of how much they should be paid, which I think any reasonable person would agree, is a ridiculous power for someone to have for themselves when handling others money.
Blowing bubbles is not fixing the economy, either.
The economy is hot, which is why they haven't cut rates. Please keep up if you're going to talk about macroeconomics
Flat Tax around 7%?
Oh heck, just make it 10%.
Screw a child tax credit!!!!!
I'm 60 years old. I made sure I never had children because I didn't want to pay for raising children.
A child tax credit is a child support tax on everyone who behaved responsibly and didn't have children they couldn't afford to support themselves.
Right up there with friggin property taxes I pay every year to educate OTHER PEOPLE'S CHILDREN!!!!!
If you breed 'em, you feed 'em, educate 'em, clothe 'em....and everything else they friggin need.
If you breeders can't feed your children, that's your problem .......not mine!!!!!!
How about paying more for Medicare because you worked harder? Then you're penalized for having that income as a senior? That's not Americanism, that's socialism.
Why not try this trickle-down stuff...ohhhhj, I bet that will work so well...for some.
Well they said the everything is fine were in hell is this place at WOW trump is the best man to save this country
He will try , but are we at a tipping point for ourselves and the country, 4 years is a short time to try to fix the damage .
On the tax issue 50% of US households currently pay zero federal income tax. The top 20% of wage earners pay 86%+/- of federal income taxes. Time to means test Social Security.
When you reduce government spending, you automatically help reduce inflation.
The biggest and fastest way to reduce government spending is to cap the
upcoming increase in the COLA payments for every government entitlement
and salary.
More freedom is the answer!!! Less government
Steve Forbes knows what he's talking about he didn't become a Billionaire by being nieve and uninformed !
Yes, he's great but don't forget, he had a billionaire father, Malcolm Forbes!
I still think that he is more, practical thinking than his Dad!
Let's "Make America Great Once Again ", by telling OUR GREEN liberal "FBI and CIA " to quit lying and instead choose to SUPPORT OUR law enforcement ! 😅
You can't have a spending bill that reduces inflation
Tell a lie long enough and people will start to believe it. Right, Biden?
Sorry he forgot the question 😂
Yes you do
FJB!
Cut interest rate will Not do one thing to help us. The price is the problem. My rent goes up 20% per year income 4% . I could go on.
Unfortunately, rent doesn't come under the control of the Biden administration.
It honestly will get inflation even worse
how else when price of everything has skyrocketed ?
Inflation? More like price gouging,greedy corporations.
As any experienced financial expert knows, the Government plays very little with regards to inflation. The only tool is interest rates....
TRUMP, TRUMP, TRUMP, 2024 !!!!!!!!!!!!!!!!!!!!
Do they not have one fiscal math major at the Fed?
So are the Unemployment numbers, they've been playing with those too. We are headed for a total, but "Controlled"collapse.
Well actually in most cases depressing the economy is exactly how to tame inflation.
This is the same kind of economy that Obama had remember the full-time worker was put aside and all these part-time jobs were created. You can't pay your bills on part-time jobs.
The Market have been suffering over the past month, with all the three indexes recording losses in recent weeks. My $400,000 portfolio is down by approximately 20%, any recommendations to scale up my returns before retirement will be highly appreciated.
Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
Svetlana Sarkisian Chowdhury is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
economy being wrecked on purpose!!! but by whom??? and why????(evil)
I would love a flat tax. Keep it simple!
Careful what you wish for. Progressives want a consumtion tax
in addition to the taxes we all ready have.
Deal, 50% tax. This moron said it
Please Emphasize that they really want to take your BBQ away!!!!
Not taking my red meat!
I have been saying that since the pandemic. STOP PRINTING MONEY!!!
Fed is always late. So cutting rates won’t help. It’s a reactive move and by the time the Fed steps in, the economy will be in free fall already and the Fed will go in a frenzy of cutting rates. It’s coming.
There are massive risk to the FED by cutting early. Unemployment ticking up a percent or two isn't automatically deflationary. If the FED cuts and then inflation starts to rise again there would be serious bond market chaos.
@@jonathantaylor6926
By the time the Fed does anything, it will be too late. The wheels are already in motion for a severe economic downturn. The Fed will just react once they have the trailing data and by the time several rate cuts are done, we will be at the bottom. Same story every single time.
Trump Boom !!! Case Closed !!!
You can’t blame this economy on Trump it was Bidens economy and policies that caused inflation and this situation the democrats spent money like drunken sailors
you can't punish success by taxing it, people will stop striving for it
News Alert! Inflation hasn't just started to affect us. People have been suffering greatly from inflation for almost a century, but notably after 1971. During the industrial revolution, prices of products and services were auctioned down to the point that consumers could literally buy them for as little as a penny thanks to a free market and sound money. All of the problems we have today are a result of government meddling.
It has never been easier to understand how to build your money than it is right now, when you may study and experience a completely variegated market passively by employing a successful portfolio-advisor. The impacts of the U.S. dollar's gain or fall on investments, in my opinion, are complex.
I think it's great to use a portfolio advisor when investing. Before I met with a certified portfolio advisor during the pandemic crash in March 2020, I had recently started having terrible dreams. Finally, with the help of my advisor, I was able to increase my initial investment of $400k to over $2.8 million dollars.
I really acknowledge your comment, i have been trading stocks for a while now but i have not been able to make much. how do you achieve this feat?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with “Iynne Marie Stella” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
I did look her up, she is full up, and her credentials and resume are excellent. Regardless, I scheduled a consultation with her.
I can hear Kamala Harris saying to slow down inflation you should let some air out of you're wallet...
But how are we going to pay off this 1.6 Trillion Dollar Debt over here in California unless we invade your state ?... 😱
Good paying Toolmaker and Machinist jobs are still going overseas.
That's been going on for 50 years. There hasn't been a federally subsidized apprenticeship in the machinist trade since 1974.
At least Steve Forbes understands the economic reality we are in.
dei=managing the budget
The last 4 yrs have been a nightmare
Been pretty great actually. Maybe you should do better and now cry like a snowflake?
Who suck out way way more than it ever put back? Want a list of names of those in the leeching clique?
The Fair Tax program looks good!