U.S. deficits are the story, not interest rates: portfolio manager
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- Опубліковано 10 чер 2024
- Lyle Stein, president, Forvest Global Wealth Management joins BNN Bloomberg, to discuss how deficits are a pain for government spending.
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I see the rising interest rate as a very big problem, as more investors will definitely pull out more money from the Stock market. This might have worked when I was still invest-ing with a couple thousand dollars, but it is more difficult now to decide whether to pull out more than $365k from my port-folio. I know some inves-tors still make that despite the strong bear market. In wish I could pull that feat
I think the whole thing about holding stocks for long term will always apply. So I think you should get a quality broker who is able to analyze and pick stocks that will do well in the long term, else you will be in a long bear ride.
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a broker, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst.
This sound interesting. I’m not really one to use pro analysts, but I guess it would not hurt to try one. My portfolio is in the red waters right now
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Melissa Terri Swayne” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Thank you for 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.
The 1% of rich people think of how to invest their money to increase their wealth during the recession. While 99% of struggling hard-luck people think of how to survive without food and daily necessities in the recession and the coming hyperinflation
As we witness the current economic landscape, it's becoming increasingly clear that we're entering a recession. These times can pose significant financial challenges.
Indeed, Recessions have a way of affecting people's financial stability and investment portfolios in profound ways.
Managing Money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times, while orders tend to avoid them. Well, at least my advisor does too.
How did you find a good finance advisor? How do you know if they are trustworthy and competent.
Our family got introduced to a financial consultant Eric Paul Elmer about four years before my dad retired. That was what changed things, and I think my retirement income will be on the right track, luxury cars and trips.
So the question most Canadians have on their minds: What does this mean for Canadian House prices? Just watch some Real estate economist will say its bullish.
Social security and medicare improvements can make those two systems more efficient...time to lessen the medical insurance companies inflationary influence on medicare.
" the late great Hannibal Lectre was a great man" - Genius Trump
I like the confidence but my wallet is empty buying groceries
Correct: US allies (underlings) will therefore shrink their middle classes! Prayers
Inflation coming back.
JACK THE RATES!