Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
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 $130k in passive diversified safe-haven assets, Up 358k so far and pretty sure I'm ready for whatever comes.
Talking about advisors, do u consider anyone worthy of recommendations? I have about 100k to taste the water now that large cap stocks are at a discount... Thanks.
I recognize the hardships that come with economic struggles like unemployment, job loss, inflation, housing market instability, political uncertainties, and the global impact of conflicts and wars. Making ends meet during such times can be incredibly challenging. To navigate this difficult period, considering alternative job prospects, enhancing skills through online courses, and expanding your network can heighten the chances of securing employment. Moreover, prudent budgeting, exploring available financial aid programs, and seeking assistance from community organizations can offer some relief. How are you currently tackling these challenges? Have you implemented any specific strategies to cope?
In my opinion, now is not the moment to rely on hearsay. Every individual, regardless of their level of experience as an investor OR in a financial market, requires guidance at some stage.
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
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.
Some economists have projected that both the U.S. and parts of Europe could slip into a recession for a portion of 2023. A global recession, defined as a contraction in annual global per capita income, is more rare because China and emerging markets often grow faster than more developed economies. Essentially the world economy is considered to be in recession if economic growth falls behind population growth.
Things are strange right now. The US dollar is becoming less valuable because of inflation, and other powerful nations waking up to trade in their own currencies. Good thing is, a lot of people still turn to the Dollar because of the safety is somehow assures. I'm worried about my retirement savings of about $420,000 losing value because of these factors and more. Where else can we keep our money?
It's a delicate season now, so you can do little or nothing on your own. Hence I’ll suggest you get yourself a financial expert that can provide you with valuable financial information and assistance
Very true! I've been able to scale from $50K to $189k in this red season because my Financial Advisor figured out Defensive strategies which help portfolios be less vulnerable to market downturns
'Carol Vivian Constable, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
The only American who won't acknowledge this Administration's failed economic policies is Joe Biden. "Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?
I would avoid index funds, mutual funds, and specific stocks for the time being. Right now, the best option is a fixed income of five percent. Put money aside for the times when the market really starts to bounce back.
I wholeheartedly concur; I'm 60 years old, just retired, and have about $1,250,000 in non-retirement assets. Compared to the whole value of my portfolio during the last three years, I have no debt and a very little amount of money in retirement accounts. To be completely honest, the information provided by invt-advisors can only be ignored but not neglected. Simply undertake research to choose a trustworthy one.
Annette Christine Conte is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I find this informative, curiously explored her on the web, spotted her consulting page, and was able to schedule a call session with her, she shows quite a great deal of expertise from her resume.. very much appreciated
It's sad how difficult things have become in the present generation. I was wondering how to utilise some money I had. I used some of it for e-commerce business, but that sank. I'm thinking of how to use what's left to invest, but I don't really know which way to go.
Until you're an expert yourself, it's a good idea to get counsel right now. As someone who owns a service company and makes sales on eBay, I can attest to the fact that many people are having financial difficulties as a result of the weak economy.
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
My CFA ’’ Sharon Ann Meny, 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..
I find this informative, curiously explored Vivian on the web, spotted her consulting page, and was able to schedule a call session with her, she shows quite a great deal of expertise from her resume.. very much appreciated
*Amazing video, 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*
Hello how do you make such monthly?? I'm a born Christian and sometimes I feel so down 🤦♀️ of myself because of low finance but I still believe in God
Same, I operate a wide- range of Investments with help from My Financial Adviser. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with Ann Marie strunk, has been an amazing experience.
I'm favoured, $90K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America,, all thanks to Ann Marie strunk 😊🎉
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 ?
One thing I noticed in the recent years, was Not only that the dollar lost a lot of purchasing power but also the quality of food products has decreased significantly!
It’s part of the planned destruction of America; currency is going the way of the Weimar Republic. It’s a WEF/UN Neo-Fascist Fourth Industrial Revolution
The fact that these big name stores are lowering prices pisses me off because it shows us that they can, yet still be profitable! We've been getting robbed!
Captialism. Many parts to it. On a buisness end they are in buisness to make money.. the most they possibly can. When prices get to high... and markets are allowed to work, we get price rejection. Businesses have to lower prices to get folks to buy. If they don't or are too over leveraged they do not last and go under. Everyone is over leveraged. Folks can't afford the high prices. Which means there are thousands of buisnesses that are in serious trouble. Which means the Government is going to need to come in and save them (QE, Bail outs, Bail ins) at debt levels 120% debt to GDP. 13 of the last 15 countries that went above 130% have lost their reserve currency status. WE are living it right now... we are witnessing this real time. Americans have no idea what losing our reserve status really means. So I will tell you. Think everything you buy will double in price overnight. Folks are not ready for that. It will cause them to lose everything.
Capitalism is a great thing. But companies can have greed and it’s basically price gouging. You can’t say you need to raise prices due to x y and z but still made a $15B profit that year.
That is not true, these are fire sales where they are losing money on these products just hoping to get you in the door so you buy other products. I work in this field and let me tell you esp in grocery, the margins are razor thin. You have to sell 4 cans of corn to make a penny and that is not an exaggeration. Truth is, their prices are way up and the rise in prices is that expense being passed on to us.
@@saleens330these are for profit organizations. Also on average profits are down for companies VS 10 years ago. Take Walmart for example, in 2023 they had 15 billion in profit which I'm sure you are referring to. Back in 2015 or 2014 take your pick, they made 16.363b in profit adjust that for inflation in current day dollar and that is 21B in profit dollars. We all know back then prices were far less and even with prices up now, Walmarts profits fell 6B VS 10 years ago. So your theory does not hold water, they are losing money just like we are. Higher prices is not some scheme by companies to make money. These are lies that the main stream media throws out there to cover for how terrible the economy is. Once you dig in you quickly see numbers don't lie, only the media does.
Imagine propping that tragic figure up for 3+ years in order to get your great reset treason under way, and the Monoparty, as well as the pathetic puppet MSM are criminally complicit. Keep ‘speaking out against the madness.’ Be kind. Out evil. Always.
Trump detailed the problem to attendees of his rally in Chesapeake, Virginia. "They want electric planes," Trump told the crowd. "What if the sun isn't shining when you're up in the air?" YES, HE IS THAT DUMB.
A lot of these places can lower the prices all they want. The past three years has shown me I didn’t need most of the name brand stuff I was buying. So now I’m found cheaper alternatives or completely gotten rid of it in the house and it won’t be coming back . Companies played around now they are gonna find out
I'm doing ok and even I am cutting back. I got rid of gigabit internet. Now I make do with 500MBit upload and download speeds. I've got rid of subscriptions I don't need. I've effectively eliminated going out to dinner for anything. I did not go out to dinner for my birthday. I got a big $20 steak mushrooms, onions and stuff and made a nice dinner at home complete with ice cream and cake. A nice wine and I still saved more than I would have at any sit down place eating out. I ride the free bus. I play my old video games and not the new video games that are just slot machines and woke mess. I create a different account to win the same old game trophy's all over again.
I'm 52 when I was growing up you could get a ton of groceries for $100 give or take. Things have really changed. I paid off any debt I had a couple of weeks ago. I feel like a new person!!!
I’m lucky if I have 2 bags of food for $100 these days. I remember being a young adult in the mid80s $100 bought my husband and I food for a whole month. And we ate very well, too. Only during Christmas when we made special things for dinner parties did our bill for the month go to $150. And that was a cruncher.
Don’t tell me Flying Js or Loves are becoming boujee check points for Rich ppl. Damn that’s high, I run local loads to car dealerships and haven’t gone far, plus I’ve been off for a year due to a soccer injury.
For us, we have really STOPPED BUYING what we don't need. And, even more, we are NO LONGER EATING OUT. It's just TOO EXPENSIVE to eat at Fast Food and even more so to shop at higher-end groceries. And, we price-match on every item that we buy, and we buy it in bulk. And, now, we are learning to cook at home and are using COPYCAT RECIPES to cook whatever we want from restaurants or fast food places that we used to eat when we went out. Thus, we are really CUTTING BACK ON OUR SPENDING. Because, Bad Times (real bad times) are ahead.
I drive a bmw but I've always shopped at Lidl / Aldi. It's like more than 1/2 the price cheaper than other supermarkets, the savings from shopping there pays for the bmw 🤣
Agreed. My family has not stepped into a Target since that happened. I know a lot of other companies have gone this way but I have to start somewhere and Target does seem to be the most aggressive.
If the consumer as a whole in our nation would just purchase the very least needed and for an extended period of time, prices will drop. Part of the reason prices increased was due to people still purchasing as the prices were jacked up. We should have been saying no for a long time now.
In Chicago last summer when I ran my AC my electric bill was 89.00. I just got an email from Com Ed saying that I am trending towards a high electric bill. It is up 54% ( from not running the AC) and will be approximately $211….. insanity
Go on their Website I LOCKED in the Rate for THREE years no BS..Now IF IF they raise the FEEs or Taxes it still Goes up.I beat everyone But Solar.Old Carpenter
You can call it "inflation" but when these same corporations are reporting record profits during the same time we are seeing higher prices i would call it profiteering.
Those “record profits” are in inflated dollars, which are basically worthless at this point. Their record profits are just meaningless numbers because they also can’t buy as much with their dollars as they used to.
I was on a news website, Fox I think, and a it was reported that a person who ordered groceries from Walmart in 2019 for $130.00 found that those very same items today total over $400.00!
@@MrSteeDoo It's true. He has a video of an old Walmart grocery store from 2022: Walmart order from 2 years ago: Total Cost for 45+ items = $126.67 SAME ORDER FROM WALMART TODAY: Total Cost for 45+ items = $414.39
Cage free egg's are a marketing lie. The chickens are raised in the same building but all they do is put a little 4 ft. by 4 ft. little indoor/ outdoor back yard deal attached to the big building and call it caged free. Now they can charge you more money for the same thing.
I noticed changes in Whole Foods recently. It’s less crowded, the bakery and prepared fruit are sitting on the shelf longer, and for the first time ever they have a full time security guard.
I shop at Sprouts about once a week,...but also at Giant, Aldi,...and Food Lion. I take my time,...read the labels,....look for specials,...and always find great healthy deals.
@@BREEZYM6015 Mostly the East Coast,.....based in North Carolina.Giant is mostly Maryland/Virginia/Delaware,..aka DelMarVa.Giant is also called ''Shop n Save'' and ''Martins'' in the Northeast.
@@user-xg6yc8ho3w It is,....most of the people who shop there don't worry about the price. Still,....many ''deals'' if you know how to find the bargains.
187.50 per person, you are doing a good job. Do you watch ozark family homestead? She has her budget down to 120$ per person per month. I don't have the same stores she has, but she shops the loss leaders. I can still do that.
Having no kids like Bordenaro solves a lot of potential budget problems. Freedom to go to California for 3 months/yr, Florida for 9 months, that was great planning.
The people who are doing well aren't doing well because of the income provided by their job. They're doing well because of the investments which they already own. Wealth is from investments. Living expenses are paid for from a job.
There's another old saying.The sun don't shine on the same dogs a** all the time. Seems reality is setting in with a few. But to the really high earners it's not even a bump felt in the road.But if things continue on this path they will have other worries.And these marshmallows will be melting before everyones eyes.
@@markdyrhaug Thank You,.........I am retired with 7 figures in investments (plus Social Security). I will NEVER have to return to work to be a Walmart greeter.
Yes.. insane prices at Kroger and no help .. just lots of people stocking the shelves incessantly! Pure greed!! Check out Kroger CEO compensation and your stomach will never be the same! Insane..? Pure Greed!
And get this?! They were going to merge with Albertsons,& get this, stated prices would go down?! MORE HORSE💩!! SURE THEY WOULD?! Less Competition, PRICES GO UP! NOT DOWN! 1 outfit controls a industry ,they set prices. Always works that way!🤔
Thanks to you Michael. Following your recommendation, I started researching into Abby Joseph Cohen Services. Thankfully it was a little over a year ago now, I started an lnvestment with Abby's Services and that allowed me to be on much MUCH more stable ground in the face of global financial upheaval. So thank you, your channel, and your employees. For what it's worth, it made a difference for me and my little family.
The whole foods , we visit once in a great while, the place is ALWAYS packed. What we spend there, it's not a lot of items . I like Costco's better and the local grocery stores ,they are cheaper .
I haven’t been to a Publix. They’ve been all moonlight & roses about Publix opening soon here. Everyone says ALDIs and Lides is in big trouble one Publix opens. What’s the prices like?
I woudln't worry too much about theft. That is not what is the main issue. The main issue is price got to high. Folks can't pay them. Buisness revenue falls. They way to over leveraged (debt) and this causes them to fail. Scary part... we haven't seen anything yet. Just wait. Millions of folks are about to lose their jobs. The Government will try to save it and make inflation even worse.... so a massive, horrible crash, followed by hyperinfation or said better stagflation like no one has ever seen. Almost no one is ready for that scenerio.
People keep buying overpriced stuff. 3 months of everyone having self restraint would be all it’d take to bring things back to normal levels. But nope Americans have 0 discipline to prices keep going up.
we all use the USD as the unit of account and measurements you need pricing to determine what the market values goods and services ..the manipulation of interest rates and money supply skews prices. If homes were measured in gold or BTC then we would not have his conversation
its literally like saying the monetary base money grew in USD terms is irrelevant because we all know its fed reserve expanding money supply via asset purchases...pricing provides the market signals. what.
To me, Kroger and Trader Joes ARE high end grocery stores. Ive been to Whole Foods one time in my life and i didnt buy anything. It was like visiting an amusement park where all the rides cost $100. Lots of oohs and aahs. Just walked around pretending i belonged, like a penniless kid in a candy store.
Inflation is crazy. The BS that we are being fed is just that BS! It’s harder on small business which in turn takes them out and gives more power to the conglomerates.
Corporations benefit from chaos. They also make things worst so when when there's more suffering, more people because religious and end up supporting politicians who support corporations.
Small business felt the pain when employees demanded they get paid more. They got it now look where we are. Small business can’t hire with that demand.
I shared a mini grocery haul at Whole Foods just last week and definitely made use of the 25% OFF sale, + 10% OFF PRIME deal. I feel you can't have loyalty to any grocery store right now. Wherever there's a sale/discount that's the place I'll visit to shop!
To be fair, the president doesn't have unilateral control over deficit spending. If you really want the national debt to be wrangled, you should be reaching out to your congressman and senators. Vote those morons out and hope you can get them replaced with someone who has deficit spending at the top of their long-term agenda.
There was a short period in time between 2020-2022 where eating out was cheaper than the grocery store in many instances. The whole take-out ghost kitchen situation.
I’m spending money because I’m debt free with no financial issues.....I say again...No financial issues. Nothing really hasn’t changed. Not in the matrix and immune to divorce fleece,weaponized child support and the courts. Need a new roof in 30 years or HVAC in 20 years I get a new one when the time comes. Simple. Already have double homestead exemption and senior freeze for over 65. Can live anywhere in the world I want and can fly free to get there.
@@blackworldtraveler3711 I'm also debt free.. just wait for when you need to put a new roof on your house. Or you're well goes out and your taxes will definitely be increased.. actually everything's going to be increased it's not going to stop.. it'll get you man
Nope not even close. It was way higher in the 70s. We had to make our own clothes and visit with the neighbors for entertainment nobody did the hyper consumer thing that they are today. We're not even close to that yet. Just wait😊
@@sierrasky2491if they calculated inflation today the same way they did in the 70’s we are higher now. The figures they are putting out are lies. They have just gotten better at lying since the 70’s.
@@sierrasky2491 The inflation percentages were higher in the 70's, but the percentage of a family's average income needed to purchase food, vehicle, housing was much lower overall. While the reported inflation %'s are lower now by comparison, nearly everyone is way worse off due to the relative cost of almost everything compared to average income after taxes. It's similar to how mortgage loan rates were higher in the 70's, but a house cost 25k-40k, as opposed to 350k now at a lower interest rate. Less affordable is less affordable, regardless of the optics or what is being reported.
I am now an old man at 79 years old. I have lived here in Thailand for many years. I still remember buying good beef hamburger for 49 cents a pound and chicken parts for 29 cents a pound in local US grocery stores.. Gasoline was 30 cents a gallon. I am horrified at todays prices. Fortunately here in Thailand my cost of living takes about half of my pensions without having to live on any kind of budget. I doubt I could even afford to live in the USA anywhere near the cost of living here in Thailand. US voters have to open their eyes and quit re electing corrupt politicians, especially far left liberal democrats.
Gen X is going to have to move too since the Boomers have eaten our retirement funds and we’ve been told it was going to happen since the 80s, despite paying in our entire working lives too. Not “their” fault, but our generations are getting scammed coming AND going. 🤷♀️
The thing is even if you escape this war-mongering TAX-thieving country and you are a US citizen, you will STILL owe US income tax wherever you live. Do I still need to file a U.S. tax return? Yes, if you are a U.S. citizen or a resident alien living outside the United States, your worldwide income is subject to U.S. income tax, regardless of where you live.
@@markritacco270 I suppose that depends on whether you choose to relinquish your citizenship. If I leave, I doubt I’ll be coming back. Parents gone, no kids. 🤷♀️
Youre right, its all the essential things that humans need to live that are being weapized. Mortgages/Rent, Food, Cars ,Gas. They might as well restrict waterways and charge us $1000 a month to access clean water.
I rent a small 1BR apartment despite having a $175k income. My electric is always around $800 for the entire year. No debt, no worries. I'm cheap and happy.
@@gooserich3970 $750 is sweet. Where do you live? I pay $2100/mo rent in Silver Spring, MD. I do have a roommate with benefits. 5 more years and will will get out of here.
Del Mar, CA location - Meat section: 'beef brisket' $19/pound. Salad bar: $11/pound. Breakfast Buffet section: Egg, Bacon, Cheese breakfast burrito $7... I doubt they will lower prices... But I'll keep checking.
24 pack of 12 ounce cans was 6 bucks every holiday sale. Now it's $8. Just bought 10 cases to last until the Labor Day Sale. Stocked up on hamburger at 2.99 a pound. Shop the sales and buy in quantity. Been doing it for decades.
@@googleuser868 Sugar drinks are not only high priced they will cause diabetes and other illnesses they were never ment to drink habitually having one as a rare treat is ok but your kidneys and pancreas was not ment to filter 38 grams of sugar × 4 or 6 per day. Then the big pharma gets rich billing you for diabetes medicine and doctor visits drop the habit while you still have a healthy enough body.
Hi 👋🏻 I just wanted to say I enjoy your videos, thank you for your hard work and dedication. I’ve been noticing some other people mimicking your style. Take it as a compliment. 😊
Since food is expensive, they're probably lowering prices on perishable items. Might as well get some money, instead of no money before throwing things in the trash.
My hubs and I no longer do fast food at all. We used to have dinner and wine out 2x a week. Now, we have lunch out 1 or 2x a week and order water. The lunch menu is usually much cheaper than the dinner menu.
I'd examine the ingredients very closely on this cheaper food. You know "zee bugs" will be inserted into the food supply? Acheta Domesticus & Grillodes sigillatus - Crickets. Tenebrio molitor - Mealworms. Locusta migratura - Grasshoppers.
I feel the ression. I have a good job that supports my wife and me. But i barely make 80k a year. My rent is 1800 a month. We have to budget. Our autos are paid off. But after all of that we still manage to save a couple hundred dollars every month.
My daughter and her fiance recently moved to Napa, California into a 2 bedroom apartment. They ran their air conditioning once. Their electric bill was 230! Twice what they paid in Boulder, Colorado, where they ran their AC continuously. It’s now 100 degrees where she lives and she’s dreading what she’s going to be paying for electricity. She says that between taxes and living expenses she’s paying $1000 more a month just to live in California. They want to move back to Colorado.
moved out of Commiefornia 2 years ago. My cost of living has actually dropped by 50%. My electricity bill now runs about 40 dollars a month most of the year, property taxes are 450 dollars a year for a slightly smaller house than what I had in California, and my car registration runs 100 dollars a year. I am now mortgage and debt free. Life is good.
I rather have Organic then that Process Foods . Walgreen's better stay Open in my Region. Our Local Grocery store has 10 for $10.00 , it's mostly Process Toxic Food. Trader Joe's cost more than Aldi's . You need a budget to shop at grocery stores.
my mother taught me when I was a kid always buy the stuff on the bottom shelf later in life I worked at a food factory we would run food for top name brands and generic brands all coming out of the same mixer the food at the store that is eye level on the shelf is the biggest ripoff try to avoid buying stuff eye level to your knees the stuff on the bottom is the same stuff just with a deferent label or packaging and way cheeper trust me.
I'm 56. When I started driving at 18 - gas was around 60 cents a gallon in NYC. You could buy a 3 family home for well under 100K and a huge bag of Doritos was 0.99 cents. Look at what's happened to our Country in just 35-40 years. Rent living near Charlotte, NC in 2017 - $700 a month for 2 BR. Today - almost $1,300.00 - if you're lucky. Well done, Michael.
People who continue to shop at Whole Foods and other health food stores have health sensitivities that are negatively impacted by questionable ingredients found in "regular" groceries and wish to avoid expensive health issues down the road.
Never used to agree with that statement but now that I have been shopping at whole foods for years (often) I come to the conclusion you are what you eat and I have felt much better in the last few years.
Hi Michael Bordenaro, through your video you are making a very Important contribution to help people understand the effects of inflation and the worsening economic situation we are heading. Thanks for bringing to your show your mother and father, they are the best. God bless you 🙏🏻
Hello Micahel, from your fellow 39 year old millennial here! I figured you were a millennial you fit the stereotypical "not paper married & no kids" I am not😂 I married at 19( still married 20 yrs) 3 kids and live in a fully owned home. Love your content. Have a great trip!
My car insurance and homeowners insurance went up 20%. Both of our vehicles are older than 7 years. Electricity went up around 8% with another increase in the works for next year. My discretionary spending is disappearing. We cook more and eat out less. I know of two people who were involved in no fault auto accidents where the driver at fault had no insurance. Sign of the times.
Mike, I truly enjoy and look forward to your videos. You are honest, genuine and very informative. Thank you for all you do. I am most impressed. Warmly, Sherry in Los Angeles
Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
While the current market offers short-term profit potential, it's crucial to note that executing such a strategy requires expertise and skill.
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 $130k in passive diversified safe-haven assets, Up 358k so far and pretty sure I'm ready for whatever comes.
Talking about advisors, do u consider anyone worthy of recommendations? I have about 100k to taste the water now that large cap stocks are at a discount... Thanks.
Sharon Marissa Wolfe is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
I looked her up, and I have sent her an email. I hope she gets back to me soon. Thank you
I recognize the hardships that come with economic struggles like unemployment, job loss, inflation, housing market instability, political uncertainties, and the global impact of conflicts and wars. Making ends meet during such times can be incredibly challenging. To navigate this difficult period, considering alternative job prospects, enhancing skills through online courses, and expanding your network can heighten the chances of securing employment. Moreover, prudent budgeting, exploring available financial aid programs, and seeking assistance from community organizations can offer some relief. How are you currently tackling these challenges? Have you implemented any specific strategies to cope?
In my opinion, now is not the moment to rely on hearsay. Every individual, regardless of their level of experience as an investor OR in a financial market, requires guidance at some stage.
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
this is great! think your advisor would get on the phone with an unknown? i'm in dire need of proper portfolio allocation
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.
Thanks for sharing, I just liquidated some of my funds to invest in the stock market, I will need every help I can get.
Some economists have projected that both the U.S. and parts of Europe could slip into a recession for a portion of 2023. A global recession, defined as a contraction in annual global per capita income, is more rare because China and emerging markets often grow faster than more developed economies. Essentially the world economy is considered to be in recession if economic growth falls behind population growth.
Things are strange right now. The US dollar is becoming less valuable because of inflation, and other powerful nations waking up to trade in their own currencies. Good thing is, a lot of people still turn to the Dollar because of the safety is somehow assures. I'm worried about my retirement savings of about $420,000 losing value because of these factors and more. Where else can we keep our money?
It's a delicate season now, so you can do little or nothing on your own. Hence I’ll suggest you get yourself a financial expert that can provide you with valuable financial information and assistance
Very true! I've been able to scale from $50K to $189k in this red season because my Financial Advisor figured out Defensive strategies which help portfolios be less vulnerable to market downturns
How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings?
'Carol Vivian Constable, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
The only American who won't acknowledge this Administration's failed economic policies is Joe Biden. "Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?
I would avoid index funds, mutual funds, and specific stocks for the time being. Right now, the best option is a fixed income of five percent. Put money aside for the times when the market really starts to bounce back.
I wholeheartedly concur; I'm 60 years old, just retired, and have about $1,250,000 in non-retirement assets. Compared to the whole value of my portfolio during the last three years, I have no debt and a very little amount of money in retirement accounts. To be completely honest, the information provided by invt-advisors can only be ignored but not neglected. Simply undertake research to choose a trustworthy one.
Could you kindly elaborate on the advisor's background and qualifications?
Annette Christine Conte is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I find this informative, curiously explored her on the web, spotted her consulting page, and was able to schedule a call session with her, she shows quite a great deal of expertise from her resume.. very much appreciated
It's sad how difficult things have become in the present generation. I was wondering how to utilise some money I had. I used some of it for e-commerce business, but that sank. I'm thinking of how to use what's left to invest, but I don't really know which way to go.
Until you're an expert yourself, it's a good idea to get counsel right now. As someone who owns a service company and makes sales on eBay, I can attest to the fact that many people are having financial difficulties as a result of the weak economy.
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
How can I reach this advisers of yours? because I'm seeking for a more effective investment approach on my savings?
My CFA ’’ Sharon Ann Meny, 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..
I find this informative, curiously explored Vivian on the web, spotted her consulting page, and was able to schedule a call session with her, she shows quite a great deal of expertise from her resume.. very much appreciated
*Amazing video, 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*
Waking up every 14th of each month to $210,000 it’s a blessing to I and my family… Big gratitude to Ann Marie strunk 🙌
Hello how do you make such monthly?? I'm a born Christian and sometimes I feel so down 🤦♀️ of myself because of low finance but I still believe in God
Same, I operate a wide- range of Investments with help from My Financial Adviser. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with Ann Marie strunk, has been an amazing experience.
I'm favoured, $90K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America,, all thanks to Ann Marie strunk 😊🎉
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 ?
One thing I noticed in the recent years, was Not only that the dollar lost a lot of purchasing power but also the quality of food products has decreased significantly!
It’s part of the planned destruction of America; currency is going the way of the Weimar Republic. It’s a WEF/UN Neo-Fascist Fourth Industrial Revolution
@tizzx4945 ^True story^
Buy a tiny bit and Taste 5 lbs of Dung Ham 😝😝😝
you too! the quality of food wherever I shop just doesnt taste the same anymore. Is it that I have older taste buds or the way we're growing food?
Food quality is crap now.
The fact that these big name stores are lowering prices pisses me off because it shows us that they can, yet still be profitable! We've been getting robbed!
Captialism. Many parts to it. On a buisness end they are in buisness to make money.. the most they possibly can. When prices get to high... and markets are allowed to work, we get price rejection. Businesses have to lower prices to get folks to buy. If they don't or are too over leveraged they do not last and go under. Everyone is over leveraged. Folks can't afford the high prices. Which means there are thousands of buisnesses that are in serious trouble. Which means the Government is going to need to come in and save them (QE, Bail outs, Bail ins) at debt levels 120% debt to GDP. 13 of the last 15 countries that went above 130% have lost their reserve currency status. WE are living it right now... we are witnessing this real time. Americans have no idea what losing our reserve status really means. So I will tell you. Think everything you buy will double in price overnight. Folks are not ready for that. It will cause them to lose everything.
Capitalism is a great thing. But companies can have greed and it’s basically price gouging.
You can’t say you need to raise prices due to x y and z but still made a $15B profit that year.
@@saleens330 True capitalism is, but we haven't had that for a long time
That is not true, these are fire sales where they are losing money on these products just hoping to get you in the door so you buy other products. I work in this field and let me tell you esp in grocery, the margins are razor thin. You have to sell 4 cans of corn to make a penny and that is not an exaggeration. Truth is, their prices are way up and the rise in prices is that expense being passed on to us.
@@saleens330these are for profit organizations. Also on average profits are down for companies VS 10 years ago. Take Walmart for example, in 2023 they had 15 billion in profit which I'm sure you are referring to. Back in 2015 or 2014 take your pick, they made 16.363b in profit adjust that for inflation in current day dollar and that is 21B in profit dollars. We all know back then prices were far less and even with prices up now, Walmarts profits fell 6B VS 10 years ago. So your theory does not hold water, they are losing money just like we are. Higher prices is not some scheme by companies to make money. These are lies that the main stream media throws out there to cover for how terrible the economy is. Once you dig in you quickly see numbers don't lie, only the media does.
At least we beat Medicare!!!
Imagine propping that tragic figure up for 3+ years in order to get your great reset treason under way, and the Monoparty, as well as the pathetic puppet MSM are criminally complicit. Keep ‘speaking out against the madness.’ Be kind. Out evil. Always.
What did he mean?
@@marknewton6984 It is something the sad old career criminal said in the debate.
It was random and didn't make sense
Trump detailed the problem to attendees of his rally in Chesapeake, Virginia.
"They want electric planes," Trump told the crowd. "What if the sun isn't shining when you're up in the air?"
YES, HE IS THAT DUMB.
I lived through 2009-2012. What we’re experiencing now is NOTHING like that!
Try 1980 💀💀💀💀💀💀💀💀💀💀💀💀
A lot of these places can lower the prices all they want. The past three years has shown me I didn’t need most of the name brand stuff I was buying. So now I’m found cheaper alternatives or completely gotten rid of it in the house and it won’t be coming back . Companies played around now they are gonna find out
Same
I found store brands are even better.
Yep. I am only getting what's absolutely necessary and saving every penny I can.
Yes! And many are losing weight because of the changes in their diet. So they won’t be going back to eating boxed crap at the level that they were.
I'm doing ok and even I am cutting back. I got rid of gigabit internet. Now I make do with 500MBit upload and download speeds. I've got rid of subscriptions I don't need. I've effectively eliminated going out to dinner for anything. I did not go out to dinner for my birthday. I got a big $20 steak mushrooms, onions and stuff and made a nice dinner at home complete with ice cream and cake. A nice wine and I still saved more than I would have at any sit down place eating out. I ride the free bus. I play my old video games and not the new video games that are just slot machines and woke mess. I create a different account to win the same old game trophy's all over again.
Reducing prices by 25% after raising them 50-75%
I'm 52 when I was growing up you could get a ton of groceries for $100 give or take. Things have really changed. I paid off any debt I had a couple of weeks ago. I feel like a new person!!!
I’m lucky if I have 2 bags of food for $100 these days. I remember being a young adult in the mid80s $100 bought my husband and I food for a whole month. And we ate very well, too. Only during Christmas when we made special things for dinner parties did our bill for the month go to $150. And that was a cruncher.
Congrats brother, welcome to the club!
I got out Feb of 2020. Being debt free means you have more options. 🍻
@@BrianBukvic Thanks...I'm a woman. Congrats to you too! Yes, a lot more options and peace of mind.
@@TL71913Yes, peace of mind and less drama. Congrats sister!
@@bencharlie9509yes it’s at least $50 a bag for groceries
I'm an Over the road trucker. My cost to eat in the last 2 yrs has gone from $160 per week to $285 per week.
Don’t tell me Flying Js or Loves are becoming boujee check points for Rich ppl. Damn that’s high, I run local loads to car dealerships and haven’t gone far, plus I’ve been off for a year due to a soccer injury.
being forced to eat out is gonna be a real killer....
Thanks for delivering goods to American 👏
My brother is an OTR trucker. He has a mini frig and microwave in his truck. He brings food with him and heats it up. Drinks too !!
U eat too much. 😮
Wholefoods became less trustworthy and its reputation tanked, once Amazon bought them out.
So true
One of my customers is one of the founders of Whole Foods really nice guy
This!!!
Jeff Bezos shops at Aldi's.😂
True. Its name is now associated with a “big box store,” mentality. Its exclusivity score has gone down.
For us, we have really STOPPED BUYING what we don't need. And, even more, we are NO LONGER EATING OUT. It's just TOO EXPENSIVE to eat at Fast Food and even more so to shop at higher-end groceries. And, we price-match on every item that we buy, and we buy it in bulk. And, now, we are learning to cook at home and are using COPYCAT RECIPES to cook whatever we want from restaurants or fast food places that we used to eat when we went out. Thus, we are really CUTTING BACK ON OUR SPENDING. Because, Bad Times (real bad times) are ahead.
Our local Aldi now has a parking lot populated with Mercedes, Lexus, BMWs, etc. So ... Whole Food shoppers must be visiting these days. 😉😊
I notice a lot of nicely coiffed and well heeled house wife types at Walmart lately, it is quite the sight
It's tough when you have to lower your standards and drive yourself as well.
I drive a bmw but I've always shopped at Lidl / Aldi.
It's like more than 1/2 the price cheaper than other supermarkets, the savings from shopping there pays for the bmw 🤣
@@taroman7100You normally have someone else drive you around?
@@6lu5ky86 you live in the wrong state. I’m 50 acres from my nearest neighbor and I know everyone in town
"Selective recession", you nailed it.
It is selective now... but soon it will not be.
@@bpb5541potentially. There are a lot of dangers people aren’t aware of but fact of matter is people are still spending.
Stopped by Whole Foods over the weekend. Even with lowering prices, Whole Foods prices are still too high.
They are also coating fruits & veggies with apeel which is toxic for humans. I will never go to Whole Foods again.
Have the prices been lowered at that particular store yet? How would you know?
There is one within 8 miles of me, but I have never been there. The more normal supermarkets are much closer, and I assume cheaper
@@JBoy340a
Same here, Aldi, local stores and farmers markets. I've never even glanced at Whole Foods.
That's why you never see any Asians there. They are all at Costco ))
We all have to say our prayers and do the best we can... :-)
Your videos are a breath of fresh air, always enjoy watching
I could care less that the prices are lowered at Target. We stopped shopping there when the opposite sex could go in the wrong bathrooms.
Agreed. My family has not stepped into a Target since that happened. I know a lot of other companies have gone this way but I have to start somewhere and Target does seem to be the most aggressive.
yeah Target can go to hell.
@pinschrunner How much less could you care?
I shopped there once in Canada and I was horrified. Never again.
If the consumer as a whole in our nation would just purchase the very least needed and for an extended period of time, prices will drop. Part of the reason prices increased was due to people still purchasing as the prices were jacked up. We should have been saying no for a long time now.
In Chicago last summer when I ran my AC my electric bill was 89.00. I just got an email from Com Ed saying that I am trending towards a high electric bill. It is up 54% ( from not running the AC) and will be approximately $211….. insanity
The corporations are all in! They screw us cause they can.
Mine used to be like yours $85 only now $350 to $450 and i do not have air conditioning they blame it having to pay for the Paradise fire
My electric rates have been at 11 cents a kwh for YEARS.
It's the RATE that matters.
Go on their Website I LOCKED in the Rate for THREE years no BS..Now IF IF they raise the FEEs or Taxes it still Goes up.I beat everyone But Solar.Old Carpenter
You can call it "inflation" but when these same corporations are reporting record profits during the same time we are seeing higher prices i would call it profiteering.
Those “record profits” are in inflated dollars, which are basically worthless at this point. Their record profits are just meaningless numbers because they also can’t buy as much with their dollars as they used to.
Inflation is caused by money printing not record profits. It’s basic economics.
@@thetapheonixwere did you get your degree in economics? You should ask for a refund!😂
The prices at Whole Foods are too damn high!
I was in there last week and LITERALLY gasped out loud at the price of something. SMH
@@AngelaNortonTylerWhat was the something? We all wanna know.
Yes, but now Walmart and Target has caught up with them. To me it’s even
But the women are far better looking
@@RootBeerGMTthey’re skinnier, but I wouldn’t say better looking.
It's called corporate greed ! Ever since covid, retailers have increased prices and blame it on supply chain issues.
I was on a news website, Fox I think, and a it was reported that a person who ordered groceries from Walmart in 2019 for $130.00 found that those very same items today total over $400.00!
Doubtful
Years ago I shopped at Costco for 100 bucks, my shopping car was full really full with stuff. Now I get 4-5 items on sale for $100 😢
The person had an online order from 2019 and re ordered the exact same order and yes it went from $130 to $400.
It was actually from 2022 and cost him $126. Today it cost him $414
@@MrSteeDoo It's true. He has a video of an old Walmart grocery store from 2022:
Walmart order from 2 years ago:
Total Cost for 45+ items = $126.67
SAME ORDER FROM WALMART TODAY:
Total Cost for 45+ items = $414.39
It might not help, but who you choose may not make it worse, is where we stand.
Cage free egg's are a marketing lie. The chickens are raised in the same building but all they do is put a little 4 ft. by 4 ft. little indoor/ outdoor back yard deal attached to the big building and call it caged free. Now they can charge you more money for the same thing.
I buy free range.
So not true. They really are free range. Next time go visit your local Whole Foods farmer and witness it yourself…lol!
Like for yrs.would fly Lobsters across Ocean, bring back ,Call Them Imported! Raise Price!!🤔
@@genxx2724 I buy home grown eggs.
I noticed changes in Whole Foods recently. It’s less crowded, the bakery and prepared fruit are sitting on the shelf longer, and for the first time ever they have a full time security guard.
Teens.
I think practically every store has a guard now
I shop at Sprouts about once a week,...but also at Giant, Aldi,...and Food Lion. I take my time,...read the labels,....look for specials,...and always find great healthy deals.
Fantastic! Good to hear some good news!
Sprouts is way too high also.
Where is Food Lion located? I've never heard of it.
@@BREEZYM6015 Mostly the East Coast,.....based in North Carolina.Giant is mostly Maryland/Virginia/Delaware,..aka DelMarVa.Giant is also called ''Shop n Save'' and ''Martins'' in the Northeast.
@@user-xg6yc8ho3w It is,....most of the people who shop there don't worry about the price. Still,....many ''deals'' if you know how to find the bargains.
Our family of 8 has a food budget of 1,500 a month in food!!! It’s insane we are currently looking for hunting land!
Grow a garden. Raise chickens. Etc
Invest in birth control
187.50 per person, you are doing a good job. Do you watch ozark family homestead? She has her budget down to 120$ per person per month. I don't have the same stores she has, but she shops the loss leaders. I can still do that.
Getting my teen to eat less chips/ snacks has been the hardest thing.
Having no kids like Bordenaro solves a lot of potential budget problems. Freedom to go to California for 3 months/yr, Florida for 9 months, that was great planning.
Message to people doing well now. There's an old saying, "You lose your job it's a recession. I lose my job it's a depression".
The people who are doing well aren't doing well because of the income provided by their job.
They're doing well because of the investments which they already own.
Wealth is from investments. Living expenses are paid for from a job.
@@markdyrhaug In our case S.S. pays the living expenses. And investments allow us to live.
There's another old saying.The sun don't shine on the same dogs a** all the time. Seems reality is setting in with a few. But to the really high earners it's not even a bump felt in the road.But if things continue on this path they will have other worries.And these marshmallows will be melting before everyones eyes.
A Recovery is when Biden loses his job...
@@markdyrhaug Thank You,.........I am retired with 7 figures in investments (plus Social Security). I will NEVER have to return to work to be a Walmart greeter.
One of the best channels on YT
Thank you so much Adam!🙏
We are happy for your support!❤️🤗
Kroger is not cheap. Jacked up prices like throwing craps changing weekly.
Yes.. insane prices at Kroger and no help .. just lots of people stocking the shelves incessantly!
Pure greed!! Check out Kroger CEO compensation and your stomach will never be the same! Insane..? Pure Greed!
Kroger even in the 1980s was considered expensive.
And they are woke
Yup Kroger been expensive.
And get this?! They were going to merge with Albertsons,& get this, stated prices would go down?! MORE HORSE💩!! SURE THEY WOULD?! Less Competition, PRICES GO UP! NOT DOWN! 1 outfit controls a industry ,they set prices. Always works that way!🤔
Thanks to you Michael. Following your recommendation, I started researching into Abby Joseph Cohen Services. Thankfully it was a little over a year ago now, I started an lnvestment with Abby's Services and that allowed me to be on much MUCH more stable ground in the face of global financial upheaval.
So thank you, your channel, and your employees. For what it's worth, it made a difference for me and my little family.
This is a scam thread everyone. Do not contact any of these.
Whole Foods is a total crank ! Paying double isn't hip. Publix is high too !
The whole foods , we visit once in a great while, the place is ALWAYS packed.
What we spend there, it's not a lot of items . I like Costco's better and the local grocery stores ,they are cheaper .
I haven’t been to a Publix. They’ve been all moonlight & roses about Publix opening soon here. Everyone says ALDIs and Lides is in big trouble one Publix opens. What’s the prices like?
And Publix used to be all about customer service - that went out the window 🪟
On top of everything, they all want you to bag your own groceries! 🍅🍅
Publix BoGos aren't bad.
Grocery prices have tripled. Anything else is a lie
Election year people ..... Walgreens 50k people laid off
How many stores are closing down or have closed down because of theft losses in DEMOCRAT RUN cities?
@@JoeSmith-v7o walgreens is not a well run co., expanded too much , you need sales, mail order is also killing them.
I woudln't worry too much about theft. That is not what is the main issue. The main issue is price got to high. Folks can't pay them. Buisness revenue falls. They way to over leveraged (debt) and this causes them to fail. Scary part... we haven't seen anything yet. Just wait. Millions of folks are about to lose their jobs. The Government will try to save it and make inflation even worse.... so a massive, horrible crash, followed by hyperinfation or said better stagflation like no one has ever seen. Almost no one is ready for that scenerio.
@@JoeSmith-v7ono stores closed by me. Our county is 95% Republican 😉
Whoever wins, we lose.
Pretty scenery. 😊 Thanks for sharing with us!
I walked into a Whole Foods a few years ago. Laughed and walked out.
Me TOO Amazon Drop off
Same here. As soon as I saw they were selling a whole pineapple for $5.49, I walked out right away.
Same with Sprouts.
@kenchu5900 I saw a cantaloupe at Aldi's around 5. I walk out
I once took out a loan there to buy an apple.😂😂😂
People keep buying overpriced stuff. 3 months of everyone having self restraint would be all it’d take to bring things back to normal levels. But nope Americans have 0 discipline to prices keep going up.
I’m not fat and unhealthy.
Quit eating folks, save money.
Quit buying so much food. Fresh tomatoes, peppers and onions from our gardens hit the table this week. Harvest season is just getting warmed up.
I did. I only eat once a day now.
Quiet breathing..save even more money 😂
@@Jaysun11BPerfect. It’s all about calories.
I eat less junk food, stretch meals, eat out less, nothing goes to waste, overall eat less food.
Everyone is being burdened by corporate greed and price gouging to pump up their corporate profits!
When prices are up 20, 30, 50% and retailers reduce prices by -10-20% that is not deflation.
Inflation and deflation are monetary phenomenon, not prices.
@@huemann7637 prices are signals …how do know the money supply expanded or retract? How do you the diff between deflation and disinflation.
we all use the USD as the unit of account and measurements you need pricing to determine what the market values goods and services ..the manipulation of interest rates and money supply skews prices.
If homes were measured in gold or BTC then we would not have his conversation
its literally like saying the monetary base money grew in USD terms is irrelevant because we all know its fed reserve expanding money supply via asset purchases...pricing provides the market signals.
what.
@@bitcoindaddy1 Exactly. Nothing goes up or down in a straight line. The trend is still up.
“Whole paycheck “…haha😅 People are struggling to put food on the table.
To me, Kroger and Trader Joes ARE high end grocery stores. Ive been to Whole Foods one time in my life and i didnt buy anything. It was like visiting an amusement park where all the rides cost $100. Lots of oohs and aahs. Just walked around pretending i belonged, like a penniless kid in a candy store.
So then where do you shop for your food?
@@sierrasky2491 Winco. It's a west coast thing. Wash, Idaho, Nevada, Cal, Ore. W.I.NC.O. It's a lot cheaper.
That's how I feel about whole foods, too. My husband is a top earner according to the media, and I still feel that way.
@@MikeG.666They have Winco here in Arizona, but they only put stores in high volume communities, and always across the street from a Costco.
@@janedoe1404 Interesting. Didn't know that. They should update their name to Wincoa. Thanks for the info. 👍
By the way, loved the Happy Gilmore reference! “I believe that is Mr. Gilmore’s jacket!”
Inflation is crazy. The BS that we are being fed is just that BS! It’s harder on small business which in turn takes them out and gives more power to the conglomerates.
Corporations benefit from chaos. They also make things worst so when when there's more suffering, more people because religious and end up supporting politicians who support corporations.
Small business felt the pain when employees demanded they get paid more. They got it now look where we are. Small business can’t hire with that demand.
Single income family here, 3 kids, live in a 5th wheel RV. It’s rough out here.
I shared a mini grocery haul at Whole Foods just last week and definitely made use of the 25% OFF sale, + 10% OFF PRIME deal. I feel you can't have loyalty to any grocery store right now. Wherever there's a sale/discount that's the place I'll visit to shop!
Definitely look out for number one. I like the variety and diversification of multiple sources of supply.
If you just buy the basics, it's not bad. Big Y in the Massachusetts area can be just as $$$
To be fair, the president doesn't have unilateral control over deficit spending. If you really want the national debt to be wrangled, you should be reaching out to your congressman and senators. Vote those morons out and hope you can get them replaced with someone who has deficit spending at the top of their long-term agenda.
But, the president sets the agenda, If a president wanted it to be a priority, the congressmen would follow suit.
$525 billion to Ukraine and $750 billion to illegals and $700 to Maui people that’s your president Americans
How is the weather in Moscow comrade?
Yes Old Joe - Nancy and Chuck are famous with republican help
Don't forget the added property taxes to pay for their children's schooling
@frankgallagherr. Let's Go Brandon!!
Maui actually got around $300 millon.
There was a short period in time between 2020-2022 where eating out was cheaper than the grocery store in many instances. The whole take-out ghost kitchen situation.
A lot of people are spending money now because they're afraid if they don't now they won't be able to next year..
I actually agree. I've been booking cruises for this year and early next year because I'm not sure if things in this world will be still the same.
I’m spending money because I’m debt free with no financial issues.....I say again...No financial issues.
Nothing really hasn’t changed.
Not in the matrix and immune to divorce fleece,weaponized child support and the courts.
Need a new roof in 30 years or HVAC in 20 years I get a new one when the time comes. Simple.
Already have double homestead exemption and senior freeze for over 65.
Can live anywhere in the world I want and can fly free to get there.
@@blackworldtraveler3711 I'm also debt free.. just wait for when you need to put a new roof on your house. Or you're well goes out and your taxes will definitely be increased.. actually everything's going to be increased it's not going to stop.. it'll get you man
@@timr31908
I also said no financial issues.
Not concerned.
end the wars and become energy independent - problem solved !
The United States produces more crude oil than any country, ever.
Inflation is at the highest level ever. Prices are the highest in all of history. Why no one is saying this is beyond me.
Nope not even close. It was way higher in the 70s. We had to make our own clothes and visit with the neighbors for entertainment nobody did the hyper consumer thing that they are today. We're not even close to that yet. Just wait😊
@@sierrasky2491if they calculated inflation today the same way they did in the 70’s we are higher now. The figures they are putting out are lies. They have just gotten better at lying since the 70’s.
Because the economy is booming. Everything is fine. Nothing to see here 🙄🙄🙄🔥🔥🔥🔥.
@@sierrasky2491 The inflation percentages were higher in the 70's, but the percentage of a family's average income needed to purchase food, vehicle, housing was much lower overall. While the reported inflation %'s are lower now by comparison, nearly everyone is way worse off due to the relative cost of almost everything compared to average income after taxes. It's similar to how mortgage loan rates were higher in the 70's, but a house cost 25k-40k, as opposed to 350k now at a lower interest rate. Less affordable is less affordable, regardless of the optics or what is being reported.
No, you’re wrong. In 1988, our mortgage was 11.5 %. Inflation was just below that. Therm’s the facts.
I am now an old man at 79 years old. I have lived here in Thailand for many years. I still remember buying good beef hamburger for 49 cents a pound and chicken parts for 29 cents a pound in local US grocery stores.. Gasoline was 30 cents a gallon. I am horrified at todays prices. Fortunately here in Thailand my cost of living takes about half of my pensions without having to live on any kind of budget. I doubt I could even afford to live in the USA anywhere near the cost of living here in Thailand. US voters have to open their eyes and quit re electing corrupt politicians, especially far left liberal democrats.
I am so sick of this inflation. I just retired two years ago and if this keeps up, I will move out of the country.
Really? Where? 😮
Gen X is going to have to move too since the Boomers have eaten our retirement funds and we’ve been told it was going to happen since the 80s, despite paying in our entire working lives too. Not “their” fault, but our generations are getting scammed coming AND going. 🤷♀️
The thing is even if you escape this war-mongering TAX-thieving country and you are a US citizen, you will STILL owe US income tax wherever you live. Do I still need to file a U.S. tax return? Yes, if you are a U.S. citizen or a resident alien living outside the United States, your worldwide income is subject to U.S. income tax, regardless of where you live.
@@marknewton6984 Either Costa Rica, Thailand ,Viet Nam or Cambodia.
@@markritacco270 I suppose that depends on whether you choose to relinquish your citizenship. If I leave, I doubt I’ll be coming back. Parents gone, no kids. 🤷♀️
Thank you for this public service!
Youre right, its all the essential things that humans need to live that are being weapized. Mortgages/Rent, Food, Cars ,Gas. They might as well restrict waterways and charge us $1000 a month to access clean water.
I rent a small 1BR apartment despite having a $175k income. My electric is always around $800 for the entire year. No debt, no worries. I'm cheap and happy.
Same here dude, i have a 2 bedroom for $750…. I live in a college town… my pay is over $110k…. I feel so free
@@gooserich3970 $750 is sweet. Where do you live? I pay $2100/mo rent in Silver Spring, MD. I do have a roommate with benefits. 5 more years and will will get out of here.
How much is your rent? What city are you living in if I may ask?
with your spouse and kids?
I understand.
Del Mar, CA location - Meat section: 'beef brisket' $19/pound. Salad bar: $11/pound. Breakfast Buffet section: Egg, Bacon, Cheese breakfast burrito $7... I doubt they will lower prices... But I'll keep checking.
Cook at home…gee!
@@ed0078 I never said that I do not cook and eat at home. I merely provided some examples of some prices for comparison to other communities.
Some people don't see outside their own experience. Only when they get affected do they realize when they can no longer cope with denial, etc.
When TF is a 2 liter of soda gonna be .99 again? Coke and Pepsi, wake TF up.
never, and it will only go up
Walmart sells "Sam's Cola" for $1.00
If your buying liquid sugar your not needing lower prices.
24 pack of 12 ounce cans was 6 bucks every holiday sale. Now it's $8. Just bought 10 cases to last until the Labor Day Sale. Stocked up on hamburger at 2.99 a pound. Shop the sales and buy in quantity. Been doing it for decades.
@@googleuser868 Sugar drinks are not only high priced they will cause diabetes and other illnesses they were never ment to drink habitually having one as a rare treat is ok but your kidneys and pancreas was not ment to filter 38 grams of sugar × 4 or 6 per day. Then the big pharma gets rich billing you for diabetes medicine and doctor visits drop the habit while you still have a healthy enough body.
Hi 👋🏻 I just wanted to say I enjoy your videos, thank you for your hard work and dedication. I’ve been noticing some other people mimicking your style. Take it as a compliment. 😊
Thank you so much for supporting his channel!🙏❤️
Will screenshot your comment and read it to him later.😉☺️
Our dollar has turned into monopoly money it's only worth 3 cents that is why everything costs so much 😳
Many people have lived below their means and sacrificed. It doesn't always equate to prosperity or financial security.
Since food is expensive, they're probably lowering prices on perishable items. Might as well get some money, instead of no money before throwing things in the trash.
My hubs and I no longer do fast food at all. We used to have dinner and wine out 2x a week. Now, we have lunch out 1 or 2x a week and order water. The lunch menu is usually much cheaper than the dinner menu.
Costco has kept prices steady in Arizona. At least what I purchase.
Same in California. That's why I love Costco so much.
I’m 61 and I haven’t seen this either. Everything has been pretty stable
I'd examine the ingredients very closely on this cheaper food. You know "zee bugs" will be inserted into the food supply? Acheta Domesticus & Grillodes sigillatus - Crickets. Tenebrio molitor - Mealworms. Locusta migratura - Grasshoppers.
Already in biscuits in Australia
I feel the ression. I have a good job that supports my wife and me. But i barely make 80k a year. My rent is 1800 a month. We have to budget. Our autos are paid off. But after all of that we still manage to save a couple hundred dollars every month.
My daughter and her fiance recently moved to Napa, California into a 2 bedroom apartment. They ran their air conditioning once. Their electric bill was 230! Twice what they paid in Boulder, Colorado, where they ran their AC continuously.
It’s now 100 degrees where she lives and she’s dreading what she’s going to be paying for electricity. She says that between taxes and living expenses she’s paying $1000 more a month just to live in California. They want to move back to Colorado.
moved out of Commiefornia 2 years ago. My cost of living has actually dropped by 50%. My electricity bill now runs about 40 dollars a month most of the year, property taxes are 450 dollars a year for a slightly smaller house than what I had in California, and my car registration runs 100 dollars a year.
I am now mortgage and debt free. Life is good.
SO MOVE?!🤔
California has become no place to be.
Washington is not what it used to be. Following California in policy is a fail.
Why in the WORLD would they move to Cali? Doesn't make financial sense whatsoever!
Colorado and California are Both Democrat states, your going to pay more for everything, including Taxes..
Smucker’s Red Raspberry 18oz is now $6 at my local grocery store. It was $3 just a few years ago. I switched from that to honey on my morning toast.
I rather have Organic then that Process Foods . Walgreen's better stay Open in my Region.
Our Local Grocery store has 10 for $10.00 , it's mostly Process Toxic Food.
Trader Joe's cost more than Aldi's . You need a budget to shop at grocery stores.
my mother taught me when I was a kid always buy the stuff on the bottom shelf later in life I worked at a food factory we would run food for top name brands and generic brands all coming out of the same mixer the food at the store that is eye level on the shelf is the biggest ripoff try to avoid buying stuff eye level to your knees the stuff on the bottom is the same stuff just with a deferent label or packaging and way cheeper trust me.
Guns. Ammo. Metals. Food. Water.
That’s it. Get Some!!
I'm 56.
When I started driving at 18 - gas was around 60 cents a gallon in NYC. You could buy a 3 family home for well under 100K and a huge bag of Doritos was 0.99 cents.
Look at what's happened to our Country in just 35-40 years. Rent living near Charlotte, NC in 2017 - $700 a month for 2 BR. Today - almost $1,300.00 - if you're lucky. Well done, Michael.
Nothing special about Charlotte. I have no idea why people move there.
People who continue to shop at Whole Foods and other health food stores have health sensitivities that are negatively impacted by questionable ingredients found in "regular" groceries and wish to avoid expensive health issues down the road.
Never used to agree with that statement but now that I have been shopping at whole foods for years (often) I come to the conclusion you are what you eat and I have felt much better in the last few years.
That’s a load of crappola. Just like people who lie about food allergies. I don’t buy that argument at all
You know it's concerning when one has to underwrite their trip to Whole Foods.
Hi Michael Bordenaro, through your video you are making a very Important contribution to help people understand the effects of inflation and the worsening economic situation we are heading. Thanks for bringing to your show your mother and father, they are the best. God bless you 🙏🏻
I dont keep up because Mike's observations can ruin my days.
When do you think the stock market will reflect what is really going on in society.
To think right before Covid we had 2% inflation, no war in the world, 2-3 dollar gas and all people were doing well.
Plandemic
Hello Micahel, from your fellow 39 year old millennial here! I figured you were a millennial you fit the stereotypical "not paper married & no kids" I am not😂 I married at 19( still married 20 yrs) 3 kids and live in a fully owned home. Love your content. Have a great trip!
Whole Foods is suffering because Amazon has ruined the stores offerings and they have lost many of their core customers. I no longer shop there
No one can fix the national debt. It's mathematically impossible. We're stuck with just paying off the interest.
Grocers have been gouging us since the pandemic
There is no middle class anymore. So many people have lost jobs, etc. inflation is killing us all.
The government spending is a big problem, and if we hope to get it down, we need a booming economy.
My electric bill here in Arizona was $237 last month. I keep my house at 84 during the day, at night in my room I keep it at 81 or 82.
A lot of people are going underwater, that's for sure.😢
Honestly whole foods has scaled down since Amazon bought them.
So glad I had parents to teach me how to be smart w my money.
Me too 😊
Freeways, beaches, parks, airports jammed. Stock market at all time highs.. Terrible economy.
My car insurance and homeowners insurance went up 20%. Both of our vehicles are older than 7 years. Electricity went up around 8% with another increase in the works for next year. My discretionary spending is disappearing. We cook more and eat out less. I know of two people who were involved in no fault auto accidents where the driver at fault had no insurance. Sign of the times.
Mike, I truly enjoy and look forward to your videos.
You are honest, genuine and very informative.
Thank you for all you do.
I am most impressed.
Warmly,
Sherry in Los Angeles
Thank you so much for supporting his channel Sherry.🙏💐
I am Lisi, his wife.☺️❤️
Thank you Lisa too!
@@Sherry-oc9tb 🙏❤️🙏