I was a Financial Advisor for 30 years and I Won't Buy Bonds

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  • Опубліковано 12 жов 2024

КОМЕНТАРІ • 24

  • @mariagreen9413
    @mariagreen9413 Рік тому +6

    Thinking is retiring in 20 years? Due to inflation, you may need upwards of $2.6 million to maintain your existing lifestyle, with the ongoing effects of high inflation. Lower forecasted stock market returns, and stagnant wages, achieving a secure early retirement could be more challenging than ever before.

    • @boydsummerhays322
      @boydsummerhays322 Рік тому +1

      An obvious way to invest for a recession is to buy shares in businesses that are likely to experience steady demand even in a downturn. Typically, those are consumer staples, utilities, and healthcare companies, but off course such decisions cannot be made by an average joe, a financial advisor is important in making this decisions.

  • @bruceegertson1191
    @bruceegertson1191 Рік тому +2

    great discussion

  • @xlavahott4547
    @xlavahott4547 Рік тому +2

    Without your level of experience, wealth and life expectancy, average retired people can't take the risks you do and feel good about it.

    • @retirementcrusaders
      @retirementcrusaders  Рік тому +1

      I think it depends on the person

    • @retirementcrusaders
      @retirementcrusaders  Рік тому +1

      By the way sometimes when you invest wisely you have to do so in spite of not feeling good about it at the time. There were plenty of times that my gut told me to do over thing while my intellect told me to do something else. I fortunately listened to my intellect. Smart investing is not about feeling good at any one particular moment. It's about making the right decisions for long term results

  • @masoncnc
    @masoncnc Рік тому

    Return free risk.

  • @g.ajemian4968
    @g.ajemian4968 Рік тому +1

    You talk as if everyone is at your level when it comes to bond investing your channels , I assume is to help retirees , I think it would be helpful to discuss the plus and minus of bonds and maybe offer some alternatives to them for example, may be fixed, indexed, annuities, and explain those

    • @retirementcrusaders
      @retirementcrusaders  Рік тому

      I explain why I don't buy bonds. I explicitly said this is not why others should it should not do that. My best advice is I to speak with a good advisor. Thank you for your ideas. They are solid. We will likely do videos on those topics

  • @mktwatcher
    @mktwatcher Рік тому

    When Interest Rates go down the price of Bonds goes up. When rates go up Bond Prices Fall. So Bond Prices Move Inversely to Interest Rates. Bonds provided some of the highest returns from the late 70s and early 80s up until when Interest rates were taken down from about 14% in Paul Volcker's time as head of the Federal Reserve through Alan Greenspan's, Ben Bernanke's, Janet Yellen's and the First term of Jerome Powell's Head of The Federal Reserve when so much QE Monetary Policy was done in the U.S. and the rest of the World. After the U.S. enters a deep recession later this year The Federal Reserve will take Interest Rates Down Again in an effort to restart the economy. Take a look at the ETF TLT. It came down from about 170 to below 100 as The Fed raised Interest Rates from the end of 2021 until now. This Bond ETF will rise again once when The Fed has to restart QE Monetary Policy.

  • @loud2449
    @loud2449 12 днів тому

    Do annuities count as your bond allocation?

    • @retirementcrusaders
      @retirementcrusaders  11 днів тому

      GREAT question. I consider annuities similar but worthy of a distinct discussion as they have different attributes.

  • @hotdog5966
    @hotdog5966 Рік тому

    What do you guys think about using Life insurance as a bank? borrowing from the policy

    • @retirementcrusaders
      @retirementcrusaders  Рік тому

      I think it's a terrible idea

    • @hotdog5966
      @hotdog5966 Рік тому

      @@retirementcrusaders why?
      what is a better strategy?

    • @retirementcrusaders
      @retirementcrusaders  Рік тому

      @@hotdog5966 this requires a video to explain. For now, please explain why you like this idea?

    • @hotdog5966
      @hotdog5966 Рік тому

      @@retirementcrusaders I get access to the cash value, and the policy stays in effect, and it continues to earn interest

    • @retirementcrusaders
      @retirementcrusaders  Рік тому

      @@hotdog5966 yes but you have to buy expensive life insurance

  • @jps0117
    @jps0117 Рік тому

    Why stay out of bond funds?