@@NolanMatthias I mean, you are sort of ignoring the fact that the US government is going to go bankrupt at current rate, not long from now (relatively speaking). I've moved the vast majority of assets to other markets outside of United States and the EU. The real parallel is Venezuela, Greece, and other insolvent governments. Instead you seem to assume the government is stable. The Great Depression is nothing like what we're seeing now either.
It’s really heartbreaking to see how inflation and recession impact low-income families. The cost of living keeps rising, and many struggle just to meet basic needs, let alone save or invest. It’s a reminder of the importance of finding ways to create financial opportunities. You've helped me a lot sir Ricky! Imagine i invested $50,000 and received $190,500 after 14 days
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Ricky Wen.
Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid economy crisis, and even pull it off easily in favorable conditions. Unequivocally, the collapse is getting somebody somewhere rich
I do not disagree, there are strategies that could be put in place for solid gains regardless of economy or market condition, but such execution are usually carried out by investment experts with experience since the 08' crash
The issue is people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt. Ideally, advisors are reps for investing jobs, and at first-hand encounter, my portfolio has yielded over 300% since 2020 just after the pandemic to date.
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
Just gotta give props to Viviana Marisa Coelho , my CFA, she's the real deal in the finance game. Dive into her background, this lady's a treasure trove of experience and knowledge for anyone navigating the financial jungle.
In my opinion its a play to rob people's money as everyone is saying to invest on it... A friend of mine told me when you hear everyone talking about " bitcoin" you sell yours ..
I agree without your statement in general but the exception is cash: cd's and T-bills and even gov bonds in the short term. Matter-of-fact 20 year bonds such as TLT are likely to go up as rates go down during most crashes.
@@PeacockRhino Not really: the point is that the government may (not always) print money **after** a significant correction/crash. Which is clearly the best time to pile back into equities. At the moment ultra-short T-bills are 5.25% ... that is significantly above inflation.
Eat right, watch your back, don't take risks, be charitable to others in need and protect yourself financially, thats all you can do in this world that we live in.
You need to get on board with GOD’s plan for your life unless your just living for the here and now. Then your right. That’s all there is. GOD plan is so much greater. JESUS is waiting for you to join the family of GOD. GOD gave us free will. JESUS is stands at your door and knocking. Will you open the door and invite HIM in? The choice is yours. How do you put a price on eternal life with Jehovah, JESUS and HOLY SPIRIT ? You can’t. 😊
The emphasis on having a clear exit strategy is crucial, especially after experiencing the volatility of previous bull and bear markets. It’s refreshing to see the focus on setting realistic goals and understanding the why behind profit-taking. This approach not only prepares you for unexpected market shifts but also keeps you grounded during the emotional rollercoaster of trading. It’s a valuable reminder that crypto investing should ultimately serve our personal aspirations, rather than just becoming a game of chasing numbers. I have managed to grow a nest egg of around $200k to a decent 7 figures in the space of a few months...Thanks to Seren Wintersun insights, daily trade signals, and my dedication to learning, I've been increasing my daily earnings. Kudos to the journey ahead!
In a field as rapidly evolving as cryptocurrency, staying updated is crucial. Seren’s continual research and adaptation to the latest market changes have been instrumental in helping me make informed decisions.
The same high-yield potential exists in both bullish and bearish situations; what matters is how information and technique are used. Not neglecting professional advice.
Be your own bank, your own food bank, be your own security, protect what is yours and have friends to help is another good foundation for living a quality life.
Our “ Government “ run by the private federal reserve is nothing more that a gigantic Ponzi Scheme using standard pump and dump strategy to screw you and I while enriching themselves ! You are on your own ! Prepare accordingly !
@@deanmarten You're absolutely right, especially when you have gov. giving away billions of dollars to other countries and not looking after our own, when gov. gives away all this money year after year, they are not only bankrupting the country, but debasing our currency in the process, so everybody should ask this question, what do you want to hold when you are your own bank, a currency that's headed to zero value or Gold that is real money and not only holds its value but goes up 10% every year on average no matter what happens. Then once you have the clear answer in your head do something about it and convert those dollars into the highest form of payment in the world or stay in the poorhouse all your life, its a no brainer for me, silver is good too and can be used as barter when nobody want to take the fiat or digital anymore, end of story.
@@deanmartenI bought a little gold and a little more silver back in 1999. It’s been collecting dust ever since. Buying it is easy (a rip off), trying to sell it is hard (an even bigger rip off). I wish I’d never bought it…..when I’m dead and gone my kids will get it and stick it in a drawer or closet where it’ll gather more dust. Btw - our politicians are funneling our money to American billionaires and corporate CEOs…..focus on that. Giving our old military equipment (that’s already been marked for destruction) to a foreign country fighting an aggressor who is also OUR enemy isn’t really a problem.
What if you don't know how to trade any of these? I mean, I see your point. Some people have the money and are willing to invest. But the problem is where to.
Hey dude, this is 2025. People who aren't even traders make money from the crypto and forex markets and moreover there are already financial analysts and trading experts(PhDs) who have shelled out theories and ideas for years on how bit coin technically grows
Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $75k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.
Right now I would recommend holding a good chunk of cash in a high yield savings and dollar cost average into stocks until the next collapse happens. Then take your cash that was earning 4% the whole time and buy even more stocks when they go on sale. It's the best combo of being safe and smart. Inflation will destroy you if you only hold cash. A market crash can crush you. You must have balance.
agreed, thats what I did...but also dont let investors and whales scare people into selling at a loss...patience and holding is key unless you see an opportunity to sell or need to.
I buy deep out of the money puts on the major U.S. indexes every month knowing at some point in time the U.S. stock market will drop at least 80 percent and even with an 80 percent fall it still wouldn't be back to fair market valuations.
@@parkerbohnn the stock market has rarely dropped 80 percent lol that's literally catastrophic ...at most 20% in bear markets...those who are patient do recover if the fundamentals are strong. Trust me the age of AI is alot more important than these whales think.
A collapse has began!!! Rich people know this.... they are hedging... through hedge funds. It costs them about 6% a year to do this. Those that aren't rich are not hedge and are at great risk in the bubble of all bubbles with the debt at all time highs. The increasing prices have impacted my plan to retire at 62, The stock market's volatility, coupled with a reduced income, is making me anxious about having enough for retirement.
I feel your pain mate, as a fellow retiree, I'd suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $110k in value stocks and digital assets, Up to 400k so far and pretty sure I'm ready for whatever comes.
Annette Christine Conte is the licensed advisor I use and i'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
the problem is the fiat money system, where people can get super rich with a pen, then other people have to use actual labor and goods to produce things, then the govt takes part of that, at some point the labor side is going to either stop going along with it or start charging accordingly
This time it's going to be triggered by government layoffs. Everyone seems to be dismissing this, but it's clear as day to me. Government cost of borrowing keeps going up despite central bank rates going down, so their hand will be forced.
Most people realize the inflation numbers are completely bogus as are the inflation numbers to suit the algorithms, while the people continue to suffer.
@@lakan3337 I heard what he said, but keep in mind that central banks and countries of the world are stockpiling gold and silver for a reason and that reason is that these metals are real money while all the rest is just credit on borrowed time. And I can prove that to you if you want.
@@lakan3337 Good ! I am like you, but with one exception, I just sold my silver when it 34 in change, I will rebuy when it drops during the next major correction, remember is never a bad thing to take profits off the table when the opportunity to do so comes along. The Gold I will never sell unless I am forced to do so but will also add to my position when the time is right.
This global recession/collapse might end up being a part of us for a very long time. With inflation currently at about 5%, my primary concern is how to maximize my savings/retirement fund of about $680k which has been sitting duck since forever with zero to no gains.
I'd advice you read up some good books on finances and investing, or just you get yourself a financiaI-advsor that can provide you with entry and exit points on the shares/ETF you focus on.
I agree, having a portfoIio-advisor for investing is genius! Not long ago amidst the pandemic crash in March 2020, I was really having investing nightmare prior touching base with a license portfolio-advisor. In a nutshell, i've accrued over $620k with the help of my advisor from an initial $120k investment thus far.
It's a good time to buy and basically I've just got cash sitting duck in the bank too and I’d really love to put it to good use seeing how inflation is at an all time-high, who is this coach that guides you, mind I look them up?
‘’Aileen Gertrude Tippy’’ guides me. She works with Empower FinanciaI services. But there are a lot of independent advisors you might look into. For me, her strategy works hence my result. She provides entry and exit point for the securities I focus on
She appears to be well-educated and well-read. Also seems very proficient considering her résumé. I ran a Google search on her name and came across her website; thank you for sharing.
There is a storm coming and there are multiple historical indicators supporting this. Anyone with half a brain knows that there is something wrong and that the current state can't last forever. Just because it hasn't happened yet, doesn't mean that it won't. Governments, especially the USA's, are incentivised to prevent it from happening under their watch and by doing so make it worse.
tell a smoker "smoking causes cancer" and eventually you'll be right. we get boom & bust cycles because the people saying "everything is fine" don't listen to the REASONS cited by the crash predictors, central banks try to control inflation to preserve long term economic stability, while governments do everything they possibly can to delay the next crash until the "other party" takes office, even though central banks try to control inflation by causing small short-term downturns. the end result is that we get massive crashes, because the two systems are fighting each other, because one focuses on the long term while the other wants massive growth during their term followed by a crash as soon as the "other candidate" gets into office. its like sharing custody of your kid, and filling them up on sugar before giving them back to the other parent.
The truth is far more mundane than people realize. It's true that an economic crisis like the Great Depression wouldn't end well for anyone today, but it didn't end well for the generations that endured it, either. It's hard to say how an economic crisis of that degree would play out, but the unanimous conclusion is that it's gonna hurt if it happens.
*You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires*
After I raised up to 325k trading with her I bought a new House and a car here in the states 🇺🇸🇺🇸 also paid for my son's surgery (Oscar). Glory to God.shalom.
Good day all👍🏻 from Australia 🇦🇺. I have read a lot of posts that people are very happy with the financial guidance she is giving them ! What way can I get to her exactly ?
In the 70s we had mortgage rates at 12+%. For many years, 5-6% was normal. 0 or 1.5% interest rates were not normal. These were in response to the 2008 crash. The Fed made the mistake of keeping interest rates near 0 for way too long.
In my opinion, I think we will not get any rate cuts until something financially or psychologically breaks in the market. I believe the fed is trying to give it's self room to act when it's appropriate to, however, wall street is trying to bully the fed into a corner. Wall street wants lower rates to boost market valuations at the cost of higher inflation for the average middle class consumer. As how unpopular my opinion may be, I think the market and the economy needs to go through a recession to reset everyones sky high expectations and fix the psychological around the inflation argument.for me Bitcoin is the ultimate defence against a tyrannical government.r.. I would like to thank Kerrie Farrell community for being my source of crypto education as I comfortably earned 12.7 BTC. So now I'm ready for New Year..
Investing with an expert is the best strategy for beginners and busy investors, as most failures and losses in investment usually happen when you invest without proper guidance. I'm speaking from experience..
On the grand scheme of things, once you understand the potential of trad!ng, you can bet on it but I think people need the education to fully understand...
This guy downplays the fact that we will pay over $1 trillion in interest payments alone to service our debt. This is a crushing blow to America because it's $1 trillion that cannot be used to help the nation. Anyone who downplays the $1 trillion in interest payments is not someone we should listen to
This is by design. American voters have insisted on it for forty years. Tax cuts require borrowing, so the interest on one trillion dollars won't go to Americans who need it but instead to the billionaire bond traders. They just voted for it again, and insisted that their capitalist candidate appoint billionaire bureaucrats to cut benefits to the retirees, veterans, and the desperately poor. Yay!
@@DummMoney-rr1fi yes I agree 100% right now it sits at .69 US. they say it could drop to .50 US in time. This is what you get when you have a gov. that prints and spends more money than it takes in.
If you bought one oz of silver every time you got paid and one oz of Gold once a year then you would not have to be concerned about the value of your pensions when you retire.
@@Rawdiswar I see two problems with buying gold and silver from them. One there is no privacy or security when purchasing, everybody sees you doing the transaction, it leaves you prone to robbery. Two they may sell it to you but they do not buy it back if you want to sell it at a future date.
@@Rawdiswar I live in Canada and I buy directly from the big banks, fair pricing and they buy back what they sell anytime and even store it for you if you want and its insured and safe.
There is an equal market chance associated with each crash or collapse. I have seen people accumulate up to $1 million during a crisis, and even make it work in a strong economy if they are prepared and well-informed. Without a doubt, the bubble/collapse is making someone wealthy.
I completely agree. It's not just about the dividends or profits, Diversifying a portfolio can be a smart move and i always advise one gets a professional to help out.
The issue is most people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, Financial Consultants are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded massively in ROI, summing up to 7-figures as of today.
A lot of folks downplay the role of advisors until being burnt by their own emotions. I needed a good boost to help my business stay afloat, hence I researched for fiduciary CFP and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $850k so far.
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
My CFA Carol Vivian Constable a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
The US markets are always under downward pressure with a Republican white house. The tariffs will hurt consumer spending as well as the cost of massive deportations and their impact on logistics. Tax cuts aimed primarily for the wealthy will hurt consumer spending. I want to be optimistic but things have changed.
As always, a great analysis. Newcomers often wonder if it's too late to navigate the financial market, but the market is always unpredictable. Trading has more advantages than simply holding, so it's important to learn before diving in. Active trades are necessary to ride the market's waves. Thanks to Milton Harper insights, daily trade signals, and my dedication to learning, I've been increasing my daily earnings, managed to grow a nest egg of around 167k to a decent 732k. Kudos to the journey ahead!
It really helped trading with Milton Harper analysis and info, even with the market in a downward trend. Definitely riding the market wave is a good perspective..
these videos are great man, its nice to have someone to watch that isn't constantly making me worried or pissed off all the time. Being proactive is great advice for the unknown future.
I get so tired of people saying, "debt bad", for f sakes people. If you take debt out to buy a 20 unit apartment building or a house, renovate it, borrow against that equity and do it again, that's called good debt, or an investment. Government debt works the same way. The only difference is, you don't suddenly decide to give your renters a 50% cut in their rent because if they pay less rent to you for their apartment, they'll rent more apartments from you, and therefore your income will go up. See, see how that doesn't work? Good debt is investing in schools, bridges, roads, airports, etc. There is such thing as good debt and bad debt. Cutting taxes is BAD DEBT. This country has a revenue problem and it ain't revenue from you but Large Corporations free riding.
More immediately than a collapse in the stock or real estate markets, inflation directly impacts people's standard of life. It is hardly surprising that the present market attitude is so negative. If we are to live in this economy, we are in dire need of assistance. ETF and stock markets are still unpredictably volatile, just like the housing market. My $350k" portfolio has been reduced to rubble.
In my opinion, it was much easier investing back in the 80s but it’s a lot trickier now, those making consistent profit in these times are professionals reason I’ve been using an advisor for the past 5 years to consistently build my portfolio in preparations for retirement.
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 resume.
Crisis can happen even if things are not that bad just because people are scared; but also crisis might not happen even if things are terribly bad just because people are not scared. Millions today are undeservedly having the best of the lives at the expense of the hard work of billions, but those billions don't understand shit.
2;00 1983 I was paying 16% interest on my home lone during a recession and jobs were hard to come by. As a boomer, it wasn't as easy as some young ones make out it was.
@Atldave yep. Bought for $30,000 in the Australian bush. Little services like Dr's or supermarkets, high fuel prices, And before tax pay was $250 a 40 hour week, standing on tin roofs installing air-conditioning in the summer Australian outback. temperature regularly going past 120 Fahrenheit.
Thank you for this very honest video! It is very much appreciated, especially, as you said, with all these videos not only using scary titles but stockpiling all the scariest predictions ever without any nuances! Preparation is everything! Thanks again and keep up the good work!
This market because of our national debt levels will be worse than what I witnessed in the in 1979 and the market crass in 1987 harsh economy. In fact absolutely nothing significant happened when I was in Germany and I could still exchange 1 US Dollar for over 2 German Marks. Even the Oil Embargo of 1973 didn’t noticeably change our economy very much. I still can remember adults complaining about how they could only fill up at gas stations on odd or even days depending if their license plates corresponded to an odd or even number. But still, life went on. 💰💵
Sometimes protecting your capital seems more important than making money, basically because if you lose your capital, making money is much more harder. Missing the train vs loosing your money. There're a lot of trains, however if you lose your money its gone.
The rise in gold has not been from US retail investors. It has been driven primarily by Central Banks around the world and by individuals in India and China as a store of wealth against their falling currencies. And the US government is limited to the amount it can help in the next crisis. We are already seeing deflation in China, deindustrialization and disinflation in the EU. All countries are holding staggering levels of debt that cannot be repaid. The US can lower interest rates but that does little when people are worried about their jobs. And stimulating by Increasing debt with stimulus checks or bailouts of failing banks will only cause more inflation. There is no easy answer and there is massive pain ahead.
Thank you for the sober minded take on the economy. Practical advise without fear, history for context, and transparency regarding video title and purpose. All in a language everyone can understand. Thank you.
Many are in crises now, job loss to much debt poor financial planning foreclosures repossessions no currency savings, as time goes on we always end up with those who fall first because of lack of planning and prepping
@@doctoruttley Right on both counts, one day last year I went to a farmers market and did a test and ask this question, if I have pure silver would you take it on trade for your goods and 50% said yes.
That's ridiculous; do you think the entire system is going to implode? First, silver far outperforms -edit(gold) in production; so it will never compete with inflation long term as supply pulls prices lower. Buying physical precious metals is absolutely useless as you will lose more money on premiums. I have no problem with the ETFs, but people need to understand market fundamentals. Refinancing induces a stock market correction (transition from bull to bear) where money is being removed from the stock market and re-entering real-estate, businesses/services. It truly makes no sense to hold precious metals physically unless you're just collecting them for fun. It's not worth the time or exchange as an investment. Silver is volatile and gold is expensive in even modest quantities.
@@vladimirofsvalbard9477I respect your opinion, but I would advise to try to change your views on physical precious metals. Remember, the truth is the truth.. And our view is just our view..
excellent well balanced video. big risks on the horizon - excessive blanket tariffs, mass deportation (vs.taking out criminals, tightening border, etc.) lack of policy support for labor unions. tariffs (Smoot-Hawley) was a big factor in the Great Depression, losing laborers increases prices, and wage suppression keeps the majority of Americans out of any type of investing.
I always look up your videos for update! Our government has no idea how people are suffering these days. I feel for people with disabilities not getting the help they deserve. Thank you Mrs Fiona, imagine investing $12k and receiving $85k
Bro the last time we had debt to GDP like this was massively different than it is today. The US massively benefited post war from having an educated populace that didn't sustain crazy amounts of infrastructure damage. Where is that coming from this time? Only thing that gets us out is some massive productivity boom, and even if it's AI, AI isn't like the Internet that decentralized things and spread the wealth, quite the opposite in fact. Future is bleak, and that's not just being a doomer, go ask smart boomers that don't eat the partisan slop. The geopolitical and domestic situations are the worst they've ever seen in our lifetimes. You need to look at job quits and hiring, it's not happening, and it doesn't happen until the economy turns around. The last 15 years have hypnotized people for real
@bdek68 yeah Trump is setting the stage by comping it to 29, won't be that bad, but where is the recovery going to come from? Can't spend the type of money we did during COVID and 08 was intense because job losses were so high, especially for the youth, but after the deflationary crash, I think we get stagflation with employment ok, but many underemployed essentially. Quickly becoming a permanent have and have not society with entrenched wealth classes. Next decade or so is going to not be fun for most Americans.
I hit $106k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject.
It's essential for you to have a mentor to keep you accountable. Myself, I'm guided by Evelyn Vera. for years and highly recommend her I focus on her. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
What I’m concerned about most is a sustained elevated to high inflation situation that the Fed can’t get under control due to massive government debt not being able to bear high enough rates to stop it. This seems to have already slowly started
Warren Buffet the new richest man has liquidated 325 billion in cash. He has only done this twice 1989/2007 right before the American economic collapse. The world is about to experience a Solar Maximum in which we have not seen in over 300 years. Massive droughts, satellite/internet failure, and plane failures. A regular Solar Maximum costs America alone over 2 Trillion dollars. Wall Street is banking on America failing by the end of January...
Honestly, it feels like we’re just getting started! Bitcoin is leading the charge! Bitcoin often leads the market in a bull run, and once it stabilizes and reaches new highs, we’ll start to see altcoins catching up. It’s all about timing-once the mainstream attention shifts to altcoins, we could see some serious pumps. I’ve made $119k just by buying and holding Bitcoin and waiting for the pump..
It is post elections and the market has started being bullish based on evidence. I just sold some property and I have some cash to re-invest, thinking of diversifying my investment on NVIDIA,TSLA,META. Am in so long its tech.
Knowing today's market culture,the challenge is to recognize when to purchase or sell stocks, which is pretty simple for experts. Through portfolio restructuring and diversification with good ETFs, S&P 500 and growth stocks, I've turned my portfolio around from $180k to over $440k in few years. My advisor chooses entry and exit orders.
How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
Elisse Laparche Ewing has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you need an excellent collaboration.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
The state,ent on the increase in the money supply during the pandemic saved us is only true if shutting down the economy was really necessary, which it wasn’t.
Like every household budget our country budget should balance every year and every year we should pay down 10% of remaining debt. That will force uncomfortable decisions initially but the country will do well in the long run.
The States already is using its own digital currency and its called Stable Coin which allows other countries to have exposure to the US dollar, this helps keep the dollar strong.
With nearly half the global property in investors hands, and housing used basically as a get rich quick scheme by the few holding all this property, it is inevitable that inventory recycling is going to drag the entire shooting match over the cliff about every 20 years odd. There is no chance that a global crash can be avoided, when, well I don't think its far off as the housing peak has passed already, maybe this year, my thoughts, in a few months time.
I went and looked at a 100 year chart of metals and the markets. If ya think the market is going to collapse, wait until the metals go down with it before buying more. Just something I noticed looking at those charts.
Well when, not if the economy collapses, the dollar will go along with it. Stack cash? Sure, good advice but you better be stacking some Precious Metals along with that cash. BOTH gold and silver will hold their values in a collapse, they always do, but the dollar will lose a LOT of it's value. What good will the dollar do you when it will take 100 of those dollars to buy a loaf of bread? Which would you rather own when that time happens? Plus you will be able to 'barter' for goods with those PM's as many won't even want those dollars. Just something to think about....
@NolanMatthias - a natural bias to think “the economy” is defined only by the US. While elsewhere, there are other countries and economies that continues to operate, adopt and thrive.
We’ve all been talked into delving into the investment economy. Looking for the next big hit. Waiting for the next big collapse. We’ve forgotten hot to be fiscally conservative and financially responsible. The average person needs to invest in their own debts, first and foremost! Spend rationally! Save! You can’t build a cathedral on a bogus foundation. You need to be solid first. There’s too much hustle and jive in the middle class. Keep it steady! Stop trying to be Elon Musk! There’s only one winner in a poker game! Stop gambling with your life!
Agree with all except......It can't be that long before a correction. Wouldn't it be better to hold most of your cash until after the correction. I know that would be timing , but at the least settle for a small amount to be dollar cost averaging ?
Don't buy new things especially vehicles or the latest phone or computer fad. Stop eating out, especially junk food. Entertain more at home like in the old days. Start small and humble in real estate then gradually work yourself up in the market. Buy run down on a bad market. Decorate. Do up the grounds then sell on a good market. Don't be lazy. Do it a few times and you will be well off. Never put yourself in a position where you have to fire sell your property or you will suffer bad financial loss that could take years to recover from, if ever you do.
Gold, silver and other precious metals are part of the generational wealth transfer that will see the metals find true price discovery. All price manipulation will wear off!
@@NolanMatthias And I would say that most of this inflation is caused by gov. by design in my opinion and a future reset of the currency may also be in the cards, along a switch to a digital currency and thats another good reason to hold Gold because there is no counter party risk, although prices could be reset after a time to much higher prices because gold reflects the true costs of prices going up.
You mentioned you have shared your portfolio allocation in a video in the description but I couldn'd find it. I am very interested if you can share it with us! Thx ;)
It's only when we claim that we've discovered on enlightening thought, until we discover a reconnecting action. Recession on course. For 4 years it's been denied by the Plunge Protection Team. The PPT protects every single political member.
Very similar to 2000 IMO. I see young kids thinking they are geniuses and quitting their jobs to trade. I saw the exact thing in 2000. Then BOOOOM. Its very easy to make money in markets when its a one way street. Bitcoin will drop 90% markets 30%. Just watch.
Great video discussion. The Great Depression triggered deflation because fewer people could buy things. Japan had deflation for decades which lowered the prices of everything. In this scenario, cash is king and frugality the key to survival.
With Trump and Elon endorsing crypto, I think BTC and ETH are more likely to retest resistance and then head higher. But as always, things change day by day and all we can do is act responsibly, monitor the markets and reassess our strategies frequently. I would like to thank Jinny Franz community for being my source of crypto education as I comfortably earned 12.7 BTC. So now I'm ready for New Year.
One thing I know for certain is crypto is here to stay, the only thing that leaves is the people who don't manage their risk. Manage that, or the market will manage it for you. With the right strategies you will survive.
Jinny is very sound in analysis and her service delivery is top notch. I am so grateful to her for her assistance which has made me a much better and profiting trader.
Men! I'm getting weary. Ive cut out most of my unnecessary expenses and saving every penny for the last almost 3 years. If it doesn't happen in the next year, I might break and buy my dream car. 😂
Well if the currency keeps devaluing what good is hanging on to it going to do? I figured you would want to spend what you can to get the best deal now while you still can I'm looking at prices from today and comparing them just from last month for the previous it's getting pretty ridiculous
People talk about the Great Reset, The Great Taking, The everything Bubble Bursting, well if you have hard assets like metals, art, real estate, things of value that go up over time then you really don't have to worry about things like that happening.
@@Drone-h2iThere is a story of a shoe shine boy who was given a gold coin by a rich (regular) patron and he was able to buy a hotel with that coin when hyperinflation hit. Or something like that anyway.
I worry about the people that "thing like that" happen to. THOSE people will be in a very tough spot. While I want to and will help, it's people that help themselves that I worry about. So, while steps have been taken, I'm still worried. I'm a worrier! I even moved to rural Uruguay and I worry about those I know in the US. People often don't have the desire to work cooperative and collaboratively and instead wish to harm others. Yea. I'm a wimp too. A worry wimp. That's why I'm hiding in the middle of the Pampa. Ha haha
we are in much different times today, sure trends could correlate to the 30s or 70s or whatever...you can't have it both ways, if the stocks that are crashing now make us want to hold our cash it also means that the housing and mortgage rates are unachievable for most...today you need to make over 200k to just afford the average american housing.
Thank you so much for this amazing video! I need some advice: I have a SafePal wallet with USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). How can I transfer them to Binance?
I am at the beginning of my "investment journey", planning to put 385K into dividend stocks so that I will be making up to 30% annually in dividend returns. any good stock recommendation on great performing stocks or Crypto will be appreciated.
As a newbie investor, it’s essential for you to have a mentor to keep you accountable. Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market.
I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $200k passively by just investing through an advisor, and I don't have to do much work. Inflation or no inflation, my finances remain secure. So I really don't blame people who panic.
Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analysing market movements and spotting profitable opportunities. Her strategies are meticulously crafted on thorough research and years of practical experience..
how would you recommend i enter the crypto market? I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally.. What's your take on this approach? and How can i reach her, if you don't mind me asking?
Why do all these UA-cam channels always say hold cash as if this is good advice? People, please stop wasting money on crap you don't need and retire your debts. That's true financial freedom. Work because you want to, not because you have to..
Thanks!
Thanks for an honest video !! Very helpful 😊
@@soniabrown9986thanks for the super thanks!
@@soniabrown9986 I wish you luck with your investments 💁🏻♂️
@@NolanMatthias I mean, you are sort of ignoring the fact that the US government is going to go bankrupt at current rate, not long from now (relatively speaking). I've moved the vast majority of assets to other markets outside of United States and the EU. The real parallel is Venezuela, Greece, and other insolvent governments. Instead you seem to assume the government is stable. The Great Depression is nothing like what we're seeing now either.
@@jw48335 Don't scare the American man with facts...
Don't simply retire from something; have something to retire to. Start saving, keep saving, and stick to investments..
It’s really heartbreaking to see how inflation and recession impact low-income families. The cost of living keeps rising, and many struggle just to meet basic needs, let alone save or invest. It’s a reminder of the importance of finding ways to create financial opportunities. You've helped me a lot sir Ricky! Imagine i invested $50,000 and received $190,500 after 14 days
Absolutely! Profits are possible, especially now, but complex transactions should be handled by experienced market professionals.
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Ricky Wen.
Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things
Ricky Wen demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit
Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid economy crisis, and even pull it off easily in favorable conditions. Unequivocally, the collapse is getting somebody somewhere rich
I do not disagree, there are strategies that could be put in place for solid gains regardless of economy or market condition, but such execution are usually carried out by investment experts with experience since the 08' crash
The issue is people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt. Ideally, advisors are reps for investing jobs, and at first-hand encounter, my portfolio has yielded over 300% since 2020 just after the pandemic to date.
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
Just gotta give props to Viviana Marisa Coelho , my CFA, she's the real deal in the finance game. Dive into her background, this lady's a treasure trove of experience and knowledge for anyone navigating the financial jungle.
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.
Buying Bitcoin at $100k per, takes either big balls of steel or zero brain cells. Time will tell.
Exactly I’m skeptical of it
In my opinion its a play to rob people's money as everyone is saying to invest on it... A friend of mine told me when you hear everyone talking about " bitcoin" you sell yours ..
Why?? Will top at 120k go in alts like VANRY ROSE SMH QUBIC CPOOL TIA
When gold is at $3,000 an ounce and some digital hash is worth $100K you know we are in waco territory.
PONZI
If anyone is old enough to remember a actual crash, everything goes down, diversify doesn't work.
I agree without your statement in general but the exception is cash: cd's and T-bills and even gov bonds in the short term. Matter-of-fact 20 year bonds such as TLT are likely to go up as rates go down during most crashes.
long term index funds, short term options
@@WTHenry2023Your cash does go down because it purchases less through inflation as government prints money.
@@PeacockRhino Not really: the point is that the government may (not always) print money **after** a significant correction/crash. Which is clearly the best time to pile back into equities. At the moment ultra-short T-bills are 5.25% ... that is significantly above inflation.
Eat right, watch your back, don't take risks, be charitable to others in need and protect yourself financially, thats all you can do in this world that we live in.
Rxpectally now , but these young was got ai in their face telling them take risk and that why alot of em in fucked up situations.
You need to get on board with GOD’s plan for your life unless your just living for the here and now. Then your right. That’s all there is. GOD plan is so much greater. JESUS is waiting for you to join the family of GOD. GOD gave us free will. JESUS is stands at your door and knocking. Will you open the door and invite HIM in? The choice is yours. How do you put a price on eternal life with Jehovah, JESUS and HOLY SPIRIT ? You can’t. 😊
@@greganweiler557 Jim Jones said the same thing, maybe that's where we are all heading.
@@greganweiler557- You have no idea what's coming for you!!
Words of wisdom to live by.
The emphasis on having a clear exit strategy is crucial, especially after experiencing the volatility of previous bull and bear markets. It’s refreshing to see the focus on setting realistic goals and understanding the why behind profit-taking. This approach not only prepares you for unexpected market shifts but also keeps you grounded during the emotional rollercoaster of trading. It’s a valuable reminder that crypto investing should ultimately serve our personal aspirations, rather than just becoming a game of chasing numbers. I have managed to grow a nest egg of around $200k to a decent 7 figures in the space of a few months...Thanks to Seren Wintersun insights, daily trade signals, and my dedication to learning, I've been increasing my daily earnings. Kudos to the journey ahead!
SHE IS ON TELE GRAM.
@Serenwintersun
In a field as rapidly evolving as cryptocurrency, staying updated is crucial. Seren’s continual research and adaptation to the latest market changes have been instrumental in helping me make informed decisions.
Always backup your trading with a good strategy.
The same high-yield potential exists in both bullish and bearish situations; what matters is how information and technique are used. Not neglecting professional advice.
Be your own bank, your own food bank, be your own security, protect what is yours and have friends to help is another good foundation for living a quality life.
👌🏻🎯
Our “ Government “ run by the private federal reserve is nothing more that a gigantic Ponzi Scheme using standard pump and dump strategy to screw you and I while enriching themselves ! You are on your own ! Prepare accordingly !
When you say be your own bank you're referring to gold and silver I presume.
@@deanmarten You're absolutely right, especially when you have gov. giving away billions of dollars to other countries and not looking after our own, when gov. gives away all this money year after year, they are not only bankrupting the country, but debasing our currency in the process, so everybody should ask this question, what do you want to hold when you are your own bank, a currency that's headed to zero value or Gold that is real money and not only holds its value but goes up 10% every year on average no matter what happens. Then once you have the clear answer in your head do something about it and convert those dollars into the highest form of payment in the world or stay in the poorhouse all your life, its a no brainer for me, silver is good too and can be used as barter when nobody want to take the fiat or digital anymore, end of story.
@@deanmartenI bought a little gold and a little more silver back in 1999. It’s been collecting dust ever since. Buying it is easy (a rip off), trying to sell it is hard (an even bigger rip off). I wish I’d never bought it…..when I’m dead and gone my kids will get it and stick it in a drawer or closet where it’ll gather more dust.
Btw - our politicians are funneling our money to American billionaires and corporate CEOs…..focus on that. Giving our old military equipment (that’s already been marked for destruction) to a foreign country fighting an aggressor who is also OUR enemy isn’t really a problem.
I don't know who needs to hear this, you've got to stop saving money. Invest some part of it, if you really want financial freedom.
Invest in bitcoin, gold, silver, buy stock, forex market, commodities. Just invest and save yourself.
Good talk, I tell my friends everyday. It's good to save money but gotta have that investing spirit if you really want financial freedom
What if you don't know how to trade any of these?
I mean, I see your point. Some people have the money and are willing to invest. But the problem is where to.
Hey dude, this is 2025. People who aren't even traders make money from the crypto and forex markets and moreover there are already financial analysts and trading experts(PhDs) who have shelled out theories and ideas for years on how bit coin technically grows
Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $75k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.
Right now I would recommend holding a good chunk of cash in a high yield savings and dollar cost average into stocks until the next collapse happens. Then take your cash that was earning 4% the whole time and buy even more stocks when they go on sale. It's the best combo of being safe and smart. Inflation will destroy you if you only hold cash. A market crash can crush you. You must have balance.
agreed, thats what I did...but also dont let investors and whales scare people into selling at a loss...patience and holding is key unless you see an opportunity to sell or need to.
Might want to go down the Bitcoin rabbit hole.
And buy gold and silver.
I buy deep out of the money puts on the major U.S. indexes every month knowing at some point in time the U.S. stock market will drop at least 80 percent and even with an 80 percent fall it still wouldn't be back to fair market valuations.
@@parkerbohnn the stock market has rarely dropped 80 percent lol that's literally catastrophic ...at most 20% in bear markets...those who are patient do recover if the fundamentals are strong. Trust me the age of AI is alot more important than these whales think.
A collapse has began!!! Rich people know this.... they are hedging... through hedge funds. It costs them about 6% a year to do this. Those that aren't rich are not hedge and are at great risk in the bubble of all bubbles with the debt at all time highs. The increasing prices have impacted my plan to retire at 62, The stock market's volatility, coupled with a reduced income, is making me anxious about having enough for retirement.
I feel your pain mate, as a fellow retiree, I'd suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $110k in value stocks and digital assets, Up to 400k so far and pretty sure I'm ready for whatever comes.
That sounds like a good idea. Could you share some details about your financial advisor? How can I get in touch with her?
Annette Christine Conte is the licensed advisor I use and i'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
true
the problem is the fiat money system, where people can get super rich with a pen, then other people have to use actual labor and goods to produce things, then the govt takes part of that, at some point the labor side is going to either stop going along with it or start charging accordingly
Privatize the profits. Socialize the losses.
what's the alternative?
The Fiat-system is criminal.
@@KnowleDJ commodity money.
The problem is a failure to effectively tax those with a net worth over ten million dollars.
This time it's going to be triggered by government layoffs. Everyone seems to be dismissing this, but it's clear as day to me. Government cost of borrowing keeps going up despite central bank rates going down, so their hand will be forced.
Most people realize the inflation numbers are completely bogus as are the inflation numbers to suit the algorithms, while the people continue to suffer.
It like idiocy where the goveremnt listen to an computer
Inflation is a hidden tax
But most people are not smart enough to see it
Check out the Chapwood index
History has proven that all fiat currencies eventually go to zero value.
@@bruce5895 you know that the guy in the video said and did video about how gold is bad investment 😄
@@lakan3337 I heard what he said, but keep in mind that central banks and countries of the world are stockpiling gold and silver for a reason and that reason is that these metals are real money while all the rest is just credit on borrowed time. And I can prove that to you if you want.
@ Bruce I bought my gold at 1800 and my silver at 18 dollar and I’m just enjoying this ride. I just think this guy should delete he’s UA-cam account.
@@lakan3337 Good ! I am like you, but with one exception, I just sold my silver when it 34 in change, I will rebuy when it drops during the next major correction, remember is never a bad thing to take profits off the table when the opportunity to do so comes along. The Gold I will never sell unless I am forced to do so but will also add to my position when the time is right.
@@lakan3337 I hear you but its people like you and me that will set the record straight if we disagree with some of the comments posted
This global recession/collapse might end up being a part of us for a very long time. With inflation currently at about 5%, my primary concern is how to maximize my savings/retirement fund of about $680k which has been sitting duck since forever with zero to no gains.
I'd advice you read up some good books on finances and investing, or just you get yourself a financiaI-advsor that can provide you with entry and exit points on the shares/ETF you focus on.
I agree, having a portfoIio-advisor for investing is genius! Not long ago amidst the pandemic crash in March 2020, I was really having investing nightmare prior touching base with a license portfolio-advisor. In a nutshell, i've accrued over $620k with the help of my advisor from an initial $120k investment thus far.
It's a good time to buy and basically I've just got cash sitting duck in the bank too and I’d really love to put it to good use seeing how inflation is at an all time-high, who is this coach that guides you, mind I look them up?
‘’Aileen Gertrude Tippy’’ guides me. She works with Empower FinanciaI services. But there are a lot of independent advisors you might look into. For me, her strategy works hence my result. She provides entry and exit point for the securities I focus on
She appears to be well-educated and well-read. Also seems very proficient considering her résumé. I ran a Google search on her name and came across her website; thank you for sharing.
If I every day I scream, "a storm is coming!", when a storm does come I can say I told you so!
Haha exactly
And if the storm never comes in ur lifetime…
Winter is coming! 😱
There is a storm coming and there are multiple historical indicators supporting this. Anyone with half a brain knows that there is something wrong and that the current state can't last forever. Just because it hasn't happened yet, doesn't mean that it won't. Governments, especially the USA's, are incentivised to prevent it from happening under their watch and by doing so make it worse.
tell a smoker "smoking causes cancer" and eventually you'll be right.
we get boom & bust cycles because the people saying "everything is fine" don't listen to the REASONS cited by the crash predictors, central banks try to control inflation to preserve long term economic stability, while governments do everything they possibly can to delay the next crash until the "other party" takes office, even though central banks try to control inflation by causing small short-term downturns.
the end result is that we get massive crashes, because the two systems are fighting each other, because one focuses on the long term while the other wants massive growth during their term followed by a crash as soon as the "other candidate" gets into office.
its like sharing custody of your kid, and filling them up on sugar before giving them back to the other parent.
The truth is far more mundane than people realize. It's true that an economic crisis like the Great Depression wouldn't end well for anyone today, but it didn't end well for the generations that endured it, either. It's hard to say how an economic crisis of that degree would play out, but the unanimous conclusion is that it's gonna hurt if it happens.
One problem we were all white then
*You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires*
wow this awesome 👏 I'm 47 and have been looking for ways to be successful, please how??
It's Esther A Berg doing, she's changed my life.
I do know Ms Esther A Berg ., I also have even become successful....
After I raised up to 325k trading with her I bought a new House and a car here in the states 🇺🇸🇺🇸 also paid for my son's surgery (Oscar). Glory to God.shalom.
Good day all👍🏻 from Australia 🇦🇺. I have read a lot of posts that people are very happy with the financial guidance she is giving them ! What way can I get to her exactly ?
In the 70s we had mortgage rates at 12+%. For many years, 5-6% was normal. 0 or 1.5% interest rates were not normal. These were in response to the 2008 crash. The Fed made the mistake of keeping interest rates near 0 for way too long.
Way more debt now. Can't withstand higher rates anymore (5% +). The system will collapse and reset (needed).
In my opinion, I think we will not get any rate cuts until something financially or psychologically breaks in the market. I believe the fed is trying to give it's self room to act when it's appropriate to, however, wall street is trying to bully the fed into a corner. Wall street wants lower rates to boost market valuations at the cost of higher inflation for the average middle class consumer. As how unpopular my opinion may be, I think the market and the economy needs to go through a recession to reset everyones sky high expectations and fix the psychological around the inflation argument.for me Bitcoin is the ultimate defence against a tyrannical government.r.. I would like to thank Kerrie Farrell community for being my source of crypto education as I comfortably earned 12.7 BTC. So now I'm ready for New Year..
Kerrie Farrell program is widely available online...
I appreciate the professionalism and dedication of the team behind Kerrie’s trade signal service.
Investing with an expert is the best strategy for beginners and busy investors, as most failures and losses in investment usually happen when you invest without proper guidance. I'm speaking from experience..
On the grand scheme of things, once you understand the potential of trad!ng, you can bet on it but I think people need the education to fully understand...
The fact that i got to learn and earn from her program is everything to me think about it, it's a win win for both ways..
This guy downplays the fact that we will pay over $1 trillion in interest payments alone to service our debt. This is a crushing blow to America because it's $1 trillion that cannot be used to help the nation. Anyone who downplays the $1 trillion in interest payments is not someone we should listen to
You guys are bankrupt and need to do magic with numbers just to keep the government running. I don't envy your position, very hard to turn this around
Trump will make it worse, again.
This is by design. American voters have insisted on it for forty years. Tax cuts require borrowing, so the interest on one trillion dollars won't go to Americans who need it but instead to the billionaire bond traders. They just voted for it again, and insisted that their capitalist candidate appoint billionaire bureaucrats to cut benefits to the retirees, veterans, and the desperately poor.
Yay!
US debt is 123% of GDP now. That's one of the highest in the world.
@@chrysalis4126 That's right and to me that's very bad, but this guy making the video doesn't seem concerned. I disagree with him
I know that food costs are continuing to go up because I have monitored them, so stock up on items when they go onsale.
This is great advice
@@NolanMatthias thankyou Nolan
that's because the CDN peso keeps devaluing
@@DummMoney-rr1fi yes I agree 100% right now it sits at .69 US. they say it could drop to .50 US in time. This is what you get when you have a gov. that prints and spends more money than it takes in.
Since 2020 I have been paying my debts down. I want to only have my mortgage.
This is 2008 coming to collect.
Debt free is the way to be!
@@StarreelynnBingo!
If you bought one oz of silver every time you got paid and one oz of Gold once a year then you would not have to be concerned about the value of your pensions when you retire.
Most succinct and realistic retirement plan right here. Costco sells both Au and Ag.
@@Rawdiswar I see two problems with buying gold and silver from them. One there is no privacy or security when purchasing, everybody sees you doing the transaction, it leaves you prone to robbery. Two they may sell it to you but they do not buy it back if you want to sell it at a future date.
@bruce5895 What's your preferred source?
@@Rawdiswar I live in Canada and I buy directly from the big banks, fair pricing and they buy back what they sell anytime and even store it for you if you want and its insured and safe.
@bruce5895 Like Big 6 banks you would have a mortgage with?
There is an equal market chance associated with each crash or collapse. I have seen people accumulate up to $1 million during a crisis, and even make it work in a strong economy if they are prepared and well-informed. Without a doubt, the bubble/collapse is making someone wealthy.
I completely agree. It's not just about the dividends or profits, Diversifying a portfolio can be a smart move and i always advise one gets a professional to help out.
The issue is most people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, Financial Consultants are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded massively in ROI, summing up to 7-figures as of today.
A lot of folks downplay the role of advisors until being burnt by their own emotions. I needed a good boost to help my business stay afloat, hence I researched for fiduciary CFP and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $850k so far.
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
My CFA Carol Vivian Constable a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Well it's very refreshing to hear a UA-camr admit to clickbaiting. Appreciate the honesty bro.
The US markets are always under downward pressure with a Republican white house. The tariffs will hurt consumer spending as well as the cost of massive deportations and their impact on logistics. Tax cuts aimed primarily for the wealthy will hurt consumer spending. I want to be optimistic but things have changed.
As always, a great analysis. Newcomers often wonder if it's too late to navigate the financial market, but the market is always unpredictable. Trading has more advantages than simply holding, so it's important to learn before diving in. Active trades are necessary to ride the market's waves. Thanks to Milton Harper insights, daily trade signals, and my dedication to learning, I've been increasing my daily earnings, managed to grow a nest egg of around 167k to a decent 732k. Kudos to the journey ahead!
He's mostly on Telegrams, using the user name.
@MiltonHarper
It really helped trading with Milton Harper analysis and info, even with the market in a downward trend. Definitely riding the market wave is a good perspective..
I appreciate the professionalism and dedication of the team behind Milton’s trade signal service.
Thanks for keeping it light and real at the same time. Much needed for us traders in times like these!
these videos are great man, its nice to have someone to watch that isn't constantly making me worried or pissed off all the time. Being proactive is great advice for the unknown future.
I get so tired of people saying, "debt bad", for f sakes people. If you take debt out to buy a 20 unit apartment building or a house, renovate it, borrow against that equity and do it again, that's called good debt, or an investment. Government debt works the same way. The only difference is, you don't suddenly decide to give your renters a 50% cut in their rent because if they pay less rent to you for their apartment, they'll rent more apartments from you, and therefore your income will go up. See, see how that doesn't work? Good debt is investing in schools, bridges, roads, airports, etc. There is such thing as good debt and bad debt. Cutting taxes is BAD DEBT. This country has a revenue problem and it ain't revenue from you but Large Corporations free riding.
More immediately than a collapse in the stock or real estate markets, inflation directly impacts people's standard of life. It is hardly surprising that the present market attitude is so negative. If we are to live in this economy, we are in dire need of assistance. ETF and stock markets are still unpredictably volatile, just like the housing market. My $350k" portfolio has been reduced to rubble.
A lot of people are still making returns on investment this period. You just have to be very grounded or solicit the help of a professional.
In my opinion, it was much easier investing back in the 80s but it’s a lot trickier now, those making consistent profit in these times are professionals reason I’ve been using an advisor for the past 5 years to consistently build my portfolio in preparations for retirement.
My partner’s been considering going the same route, could you share more info please on the advisor that guides you
Google Melissa Terri Swayne and do your own research. She has portfolio management down to a science
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 resume.
Crisis can happen even if things are not that bad just because people are scared; but also crisis might not happen even if things are terribly bad just because people are not scared. Millions today are undeservedly having the best of the lives at the expense of the hard work of billions, but those billions don't understand shit.
2;00 1983 I was paying 16% interest on my home lone during a recession and jobs were hard to come by.
As a boomer, it wasn't as easy as some young ones make out it was.
Your house was under 50k I bet.
@Atldave yep. Bought for $30,000 in the Australian bush.
Little services like Dr's or supermarkets, high fuel prices,
And before tax pay was $250 a 40 hour week, standing on tin roofs installing air-conditioning in the summer Australian outback. temperature regularly going past 120 Fahrenheit.
Thank you for this very honest video! It is very much appreciated, especially, as you said, with all these videos not only using scary titles but stockpiling all the scariest predictions ever without any nuances! Preparation is everything! Thanks again and keep up the good work!
Glad it was helpful!
This market because of our national debt levels will be worse than what I witnessed in the in 1979 and the market crass in 1987 harsh economy. In fact absolutely nothing significant happened when I was in Germany and I could still exchange 1 US Dollar for over 2 German Marks. Even the Oil Embargo of 1973 didn’t noticeably change our economy very much. I still can remember adults complaining about how they could only fill up at gas stations on odd or even days depending if their license plates corresponded to an odd or even number. But still, life went on. 💰💵
Thanks for aharing
Early 2000 califonia houaing recession in where people was going belly upon thwir property. Been in so many recessions already nothing new.
Sometimes protecting your capital seems more important than making money, basically because if you lose your capital, making money is much more harder. Missing the train vs loosing your money. There're a lot of trains, however if you lose your money its gone.
If you have to use a credit card, use one that gives you cash back.
Avoid cards if possible. Hidden fees and fraud push up prices.
and pay off the balance before it's due.
Zero interest offers - pay them off before the offer expires.
@@24CiViC good move
@@googleuser868 Absolutely
The rise in gold has not been from US retail investors. It has been driven primarily by Central Banks around the world and by individuals in India and China as a store of wealth against their falling currencies. And the US government is limited to the amount it can help in the next crisis. We are already seeing deflation in China, deindustrialization and disinflation in the EU. All countries are holding staggering levels of debt that cannot be repaid. The US can lower interest rates but that does little when people are worried about their jobs. And stimulating by Increasing debt with stimulus checks or bailouts of failing banks will only cause more inflation. There is no easy answer and there is massive pain ahead.
FED has painted itself into a corner
Thank you for the sober minded take on the economy. Practical advise without fear, history for context, and transparency regarding video title and purpose. All in a language everyone can understand. Thank you.
Many are in crises now, job loss to much debt poor financial planning foreclosures repossessions no currency savings, as time goes on we always end up with those who fall first because of lack of planning and prepping
Some people rather play games with life then to move forward we can't babysit the world.
Silver in the physical form can and is used for barter in some situations just like Gold.
Agreed. I would go a bit further and say that silver is more important in day to day transactions. Gold is for major monetary moves. I think 🤷🏻♂️
@@doctoruttley Right on both counts, one day last year I went to a farmers market and did a test and ask this question, if I have pure silver would you take it on trade for your goods and 50% said yes.
How many merchants can verify your gold or silver are actually what you say?
That's ridiculous; do you think the entire system is going to implode?
First, silver far outperforms -edit(gold) in production; so it will never compete with inflation long term as supply pulls prices lower. Buying physical precious metals is absolutely useless as you will lose more money on premiums.
I have no problem with the ETFs, but people need to understand market fundamentals. Refinancing induces a stock market correction (transition from bull to bear) where money is being removed from the stock market and re-entering real-estate, businesses/services.
It truly makes no sense to hold precious metals physically unless you're just collecting them for fun. It's not worth the time or exchange as an investment. Silver is volatile and gold is expensive in even modest quantities.
@@vladimirofsvalbard9477I respect your opinion, but I would advise to try to change your views on physical precious metals. Remember, the truth is the truth.. And our view is just our view..
excellent well balanced video. big risks on the horizon - excessive blanket tariffs, mass deportation (vs.taking out criminals, tightening border, etc.) lack of policy support for labor unions. tariffs (Smoot-Hawley) was a big factor in the Great Depression, losing laborers increases prices, and wage suppression keeps the majority of Americans out of any type of investing.
I always look up your videos for update! Our government has no idea how people are suffering these days. I feel for people with disabilities not getting the help they deserve. Thank you Mrs Fiona, imagine investing $12k and receiving $85k
You correct!! I make a lot of money without relying on the government. Investing in stocks and digital currencies is beneficial at this moment.
I have made more than 40 k God bless mrs Fiona God bless America
I'm from the Atlanta, me and two other friends of mine immediately tried it , we testified , she is a performance of Wonder
I started my investment with $15,000, a week later, we had grown to $93,000. This woman!! absolute genius
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
Bro the last time we had debt to GDP like this was massively different than it is today. The US massively benefited post war from having an educated populace that didn't sustain crazy amounts of infrastructure damage. Where is that coming from this time?
Only thing that gets us out is some massive productivity boom, and even if it's AI, AI isn't like the Internet that decentralized things and spread the wealth, quite the opposite in fact. Future is bleak, and that's not just being a doomer, go ask smart boomers that don't eat the partisan slop. The geopolitical and domestic situations are the worst they've ever seen in our lifetimes. You need to look at job quits and hiring, it's not happening, and it doesn't happen until the economy turns around. The last 15 years have hypnotized people for real
Well said! This time is different. It worse than it has ever been on almost every metric. Facts
@bdek68 yeah Trump is setting the stage by comping it to 29, won't be that bad, but where is the recovery going to come from? Can't spend the type of money we did during COVID and 08 was intense because job losses were so high, especially for the youth, but after the deflationary crash, I think we get stagflation with employment ok, but many underemployed essentially. Quickly becoming a permanent have and have not society with entrenched wealth classes. Next decade or so is going to not be fun for most Americans.
I hit $106k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject.
It's essential for you to have a mentor to keep you accountable. Myself, I'm guided by Evelyn Vera. for years and highly recommend her I focus on her. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
It's Ms. Evelyn Vera doing, she's changed my life.
What I’m concerned about most is a sustained elevated to high inflation situation that the Fed can’t get under control due to massive government debt not being able to bear high enough rates to stop it. This seems to have already slowly started
The dust bowl also made the great depression far worse.
On average recessions happen every 7 - 10 years. We haven’t had an actual recession since 2008. We’re due.
Good balanced info, thx
I click on your channels scary titles because from experience, I know it will be more informative than scary.
Warren Buffet the new richest man has liquidated 325 billion in cash. He has only done this twice 1989/2007 right before the American economic collapse. The world is about to experience a Solar Maximum in which we have not seen in over 300 years. Massive droughts, satellite/internet failure, and plane failures. A regular Solar Maximum costs America alone over 2 Trillion dollars. Wall Street is banking on America failing by the end of January...
Your country is going to start world war 3 to try and save itself because it didn't want to tax the rich.
Honestly, it feels like we’re just getting started! Bitcoin is leading the charge! Bitcoin often leads the market in a bull run, and once it stabilizes and reaches new highs, we’ll start to see altcoins catching up. It’s all about timing-once the mainstream attention shifts to altcoins, we could see some serious pumps. I’ve made $119k just by buying and holding Bitcoin and waiting for the pump..
It is post elections and the market has started being bullish based on evidence. I just sold some property and I have some cash to re-invest, thinking of diversifying my investment on NVIDIA,TSLA,META. Am in so long its tech.
Knowing today's market culture,the challenge is to recognize when to purchase or sell stocks, which is pretty simple for experts. Through portfolio restructuring and diversification with good ETFs, S&P 500 and growth stocks, I've turned my portfolio around from $180k to over $440k in few years. My advisor chooses entry and exit orders.
How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
Elisse Laparche Ewing has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you need an excellent collaboration.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
The state,ent on the increase in the money supply during the pandemic saved us is only true if shutting down the economy was really necessary, which it wasn’t.
Like every household budget our country budget should balance every year and every year we should pay down 10% of remaining debt. That will force uncomfortable decisions initially but the country will do well in the long run.
Great summary of possible things to come.
Thanks for watching 🙏
@@NolanMatthias I watch video's that are important knowledge like yours.
The States already is using its own digital currency and its called Stable Coin which allows other countries to have exposure to the US dollar, this helps keep the dollar strong.
With nearly half the global property in investors hands, and housing used basically as a get rich quick scheme by the few holding all this property, it is inevitable that inventory recycling is going to drag the entire shooting match over the cliff about every 20 years odd. There is no chance that a global crash can be avoided, when, well I don't think its far off as the housing peak has passed already, maybe this year, my thoughts, in a few months time.
Great advice!!
I went and looked at a 100 year chart of metals and the markets. If ya think the market is going to collapse, wait until the metals go down with it before buying more. Just something I noticed looking at those charts.
Well when, not if the economy collapses, the dollar will go along with it. Stack cash? Sure, good advice but you better be stacking some Precious Metals along with that cash. BOTH gold and silver will hold their values in a collapse, they always do, but the dollar will lose a LOT of it's value. What good will the dollar do you when it will take 100 of those dollars to buy a loaf of bread? Which would you rather own when that time happens? Plus you will be able to 'barter' for goods with those PM's as many won't even want those dollars. Just something to think about....
The dollar is a "currency." Silver and gold are MONEY.
In these uncertain times cash is king, and don’t rush in when markets normalize.
@NolanMatthias - a natural bias to think “the economy” is defined only by the US. While elsewhere, there are other countries and economies that continues to operate, adopt and thrive.
Like Pierre said, they get the party and we get the hangover.
Please don’t conflate BTC with Gold. Gold is a Tier 1 asset. BTC is. “air”. and has no value.
We’ve all been talked into delving into the investment economy. Looking for the next big hit. Waiting for the next big collapse. We’ve forgotten hot to be fiscally conservative and financially responsible. The average person needs to invest in their own debts, first and foremost! Spend rationally! Save! You can’t build a cathedral on a bogus foundation. You need to be solid first. There’s too much hustle and jive in the middle class. Keep it steady! Stop trying to be Elon Musk! There’s only one winner in a poker game! Stop gambling with your life!
Agree with all except......It can't be that long before a correction. Wouldn't it be better to hold most of your cash until after the correction. I know that would be timing , but at the least settle for a small amount to be dollar cost averaging ?
Inflationary Depression once real numbers are used. And we are already in it.
Don't buy new things especially vehicles or the latest phone or computer fad. Stop eating out, especially junk food. Entertain more at home like in the old days. Start small and humble in real estate then gradually work yourself up in the market. Buy run down on a bad market. Decorate. Do up the grounds then sell on a good market. Don't be lazy. Do it a few times and you will be well off. Never put yourself in a position where you have to fire sell your property or you will suffer bad financial loss that could take years to recover from, if ever you do.
Gold, silver and other precious metals are part of the generational wealth transfer that will see the metals find true price discovery. All price manipulation will wear off!
When inflation goes up, prices go up as the buying power of the currency continues to buy less.
That is correct!
@@NolanMatthias And I would say that most of this inflation is caused by gov. by design in my opinion and a future reset of the currency may also be in the cards, along a switch to a digital currency and thats another good reason to hold Gold because there is no counter party risk, although prices could be reset after a time to much higher prices because gold reflects the true costs of prices going up.
Live life that allows you to radically reduce your expenses overnight. So no fixed liabilities
Inflation was actually on the same level in 70'. It's just calculated differently now. By using the same methodology we get similar scores.
The best video i've seen on this topic, so real and transparent
Never thought I'd be taking financial advice from Ricky Gervais 😂
You mentioned you have shared your portfolio allocation in a video in the description but I couldn'd find it. I am very interested if you can share it with us! Thx ;)
It should be in the video linked at the end. But it’s essentially the Ray Dalio all weather portfolio
@@NolanMatthias Ok Thanks for your reactivity!
It's only when we claim that we've discovered on enlightening thought, until we discover a reconnecting action. Recession on course.
For 4 years it's been denied by the Plunge Protection Team.
The PPT protects every single political member.
4 years? Trump signed the CARES Act well before that.
Very similar to 2000 IMO. I see young kids thinking they are geniuses and quitting their jobs to trade. I saw the exact thing in 2000. Then BOOOOM. Its very easy to make money in markets when its a one way street. Bitcoin will drop 90% markets 30%. Just watch.
Well said Nolan Thanks! 👍
Debt is your enemy. Pay off every debt you can. Own your car, possibly your house. Excessive debt is leading to the downfall of working Americans.
It's a comeback year. The return of recession, zero rates, QE, inflation, unemployment.
Thanks God Trump won! He will save us !
Most will be destroyed anyway Owning Gold won’t hurt No Bitcoin for me
Great video discussion. The Great Depression triggered deflation because fewer people could buy things. Japan had deflation for decades which lowered the prices of everything. In this scenario, cash is king and frugality the key to survival.
Smoke only high quality buds that you grow yourself. Everything else will take care of itself. Peace.
Japan had 3 lost decades not one! Their stock market didn’t make money for 30 plus years! Yes, and we are right behind them.
With Trump and Elon endorsing crypto, I think BTC and ETH are more likely to retest resistance and then head higher. But as always, things change day by day and all we can do is act responsibly, monitor the markets and reassess our strategies frequently. I would like to thank Jinny Franz community for being my source of crypto education as I comfortably earned 12.7 BTC. So now I'm ready for New Year.
She's mostly on Telegrams, using the user name.
JinnyFranz.
One thing I know for certain is crypto is here to stay, the only thing that leaves is the people who don't manage their risk. Manage that, or the market will manage it for you. With the right strategies you will survive.
Access to good information is what we investors needs to progress financially and generally in life. this is a good one and I appreciate…
Jinny is very sound in analysis and her service delivery is top notch. I am so grateful to her for her assistance which has made me a much better and profiting trader.
Seems like no one learned shit from 2008. Thanks for insight
I’m mad as hell!!! They lied to me
That's what D'joos do
Men! I'm getting weary. Ive cut out most of my unnecessary expenses and saving every penny for the last almost 3 years. If it doesn't happen in the next year, I might break and buy my dream car. 😂
You are a legend for holding out that long!
@NolanMatthias 😂
Well if the currency keeps devaluing what good is hanging on to it going to do? I figured you would want to spend what you can to get the best deal now while you still can I'm looking at prices from today and comparing them just from last month for the previous it's getting pretty ridiculous
Didn’t address the most important question…when is real estate going to pump again?
2035
People talk about the Great Reset, The Great Taking, The everything Bubble Bursting, well if you have hard assets like metals, art, real estate, things of value that go up over time then you really don't have to worry about things like that happening.
In weimar people traded stuff like that for a potato
@@Drone-h2iThere is a story of a shoe shine boy who was given a gold coin by a rich (regular) patron and he was able to buy a hotel with that coin when hyperinflation hit. Or something like that anyway.
@@doctoruttley my shoeshine he/him/his told me to buy bitcoin. ^^
@@doctoruttley In January 1919, one ounce of gold was worth 170 German marks. By November 1923, the same ounce was worth 87 trillion marks.
I worry about the people that "thing like that" happen to. THOSE people will be in a very tough spot. While I want to and will help, it's people that help themselves that I worry about.
So, while steps have been taken, I'm still worried.
I'm a worrier! I even moved to rural Uruguay and I worry about those I know in the US.
People often don't have the desire to work cooperative and collaboratively and instead wish to harm others. Yea. I'm a wimp too.
A worry wimp.
That's why I'm hiding in the middle of the Pampa. Ha haha
we are in much different times today, sure trends could correlate to the 30s or 70s or whatever...you can't have it both ways, if the stocks that are crashing now make us want to hold our cash it also means that the housing and mortgage rates are unachievable for most...today you need to make over 200k to just afford the average american housing.
You said you would have a link about best adjust in investments before the coming financial Crisis but which link is it?
Holding cash is risky too. Inflation can occur rapidly.
Hi Mat, why M2 supply decrease? Thanks for weekly update❤
Thank you so much for this amazing video! I need some advice: I have a SafePal wallet with USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). How can I transfer them to Binance?
I have no debt. I have no Bitcoin and I own a house.
Never bet against the U.S.
I am at the beginning of my "investment journey", planning to put 385K into dividend stocks so that I will be making up to 30% annually in dividend returns. any good stock recommendation on great performing stocks or Crypto will be appreciated.
As a newbie investor, it’s essential for you to have a mentor to keep you accountable. Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market.
I don't really blame people who panic. Lack of
information can be a big hurdle. I've been
making more than $200k passively by just
investing through an advisor, and I don't have
to do much work. Inflation or no inflation, my
finances remain secure. So I really don't blame
people who panic.
Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analysing market movements and spotting profitable opportunities. Her strategies are meticulously crafted on thorough research and years of practical experience..
how would you recommend i enter the crypto market? I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally.. What's your take on this approach? and How can i reach her, if you don't mind me asking?
Why do all these UA-cam channels always say hold cash as if this is good advice?
People, please stop wasting money on crap you don't need and retire your debts.
That's true financial freedom.
Work because you want to, not because you have to..