who would believe any thing MSM says, they just spent 9 years normalizing every crime and screwed up thing tRumpf did,, but NEVER MENTIONED tRumpfs call to SAUDI ARABIA in april of 2020 where he forced mbs to cut oil production,to increase the price of oil,, which is when the astronomical inflation started,, next came the price gouging ,,President Biden released the 350 million barrels in the strategic oil reserve when oil was at its peak,, which flooded the market resulting in lower oil prices and less inflation,, then biden bought it back at half price and made an extra 12 billion $'s in the process, and unlike tRumpf Biden didn't keep the money nor send out a tweet congratulating himself on his greatness like tRumpf would of.. its RICH that the rethugs blame Biden for what tRumpf did to inflation,, whats worse is the rubes that believe a word tRumpf says...any one that wants proof here it is..www.reuters.com/article/us-global-oil-trump-saudi-specialreport-idUKKBN22C1V4/
The main difference between 1634 and now is the internet. More people in the sector expressing their worries online, more openness of info so everyone can analyse on their attic and putting it online again, more people reading alternative news/X for info instead of traditional media etc
It’s amazing really. We have a financial crisis, caused by greedy, reckless financial institutions. Congress passes legislation requiring those institutions to be less greedy and reckless. The institutions then lobby to have those restrictions removed, usually in the name of “remaining competitive”. This leads to another financial crisis. It’s completely predictable, and we have been doing this dance since the Great Depression almost 100 years ago.
Agree; the rules should be applicable to all banks - big or small. First; very few meaningful laws are passed and then this cycle of doing-undoing seems to support deregulation risking the economy and the faith in banks.
I believe using an investing advisor isn’t a terrific idea. In the midst of the 2008 financial crisis, I was literally experiencing horrible dreams before I spoke with an advisor. In conclusion, I was able to increase my initial investment from $320k to almost $2.5 million in 2011 with the aid of my advisor, and I later bought my first investment property.
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.
It always pays off, pun intended. There's a large number of people doing it really tough.. there's a HUGE number of people with ZERO financial discipline blaming everyone and everything else except themselves.
Not spending money is easier than doing things that save money. I do things that save money so I don't have to spend it Over the last two weeks I have nearly the entire winter's firewood supply laid in. Over the last 40 years that has saved us a tremendous amount of money heating the house. We used the covid money to upgrade our wood stove to one more efficient and at the same time there was a energy tax credit available.
Though, if you don't use responsibly, it could be detrimental to many and the necessities others need too and then you find yourself alone on a planet and what would you buy anyway? Keep that in mind
2006 - I was at the grocery store listening the checker tell me how her and her husband, who also worked at the store, had just purchased their third rental home. Went home and sold every piece of real estate I owned and rode out the crash living full time in an RV..
I saw the crash happening in 2005 when all my clients- large volume homebuilders- were unable to pay mortgages on their unsold glut of developed properties. It make me sick that the media blamed homebuyers instead of the home builders
A clear sign it was coming is when financial institutions created CDO and CDS instruments and ran around the world selling their junk mortgage debt to anyone stupid enough to buy it. When the collapse happened Russia worked out the con job and pulled a game of their own , they dumped US banking stocks which fell an average of 22 % overnight and they bought up tonnes of gold at the close of the london exchange causing the gold price to jump $ 90 an ounce in 20 minutes which was huge back then. Greenspan and others jumped on a plane , flew to Moscow , and whatever negotiations were carried out its safe to assume that Russia got paid back what they wanted and they allowed bank stocks and gold to return to their natural level.
More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
Certain Ai companies are rumored to be overvalued and might cause a market correction, I’d suggest you go with a managed portfolio, but even those don’t perform so well, so it’s best you reach out to a proper fiduciary to guide you, that’s what works for my spouse and I.
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 ‘Grace Adams Cook’ for about two years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
If a publicly traded company chooses to outsource overseas to cut costs, it should start by outsourcing top-tier management positions like the CEO, CFO, and CTO. By saving millions paid to these executives, the company could preserve the jobs of many American workers. These employees, when gainfully employed, would contribute much more to the local economy than a small group of highly paid executives.
17 TRILLION dollars of total consumer debt in America. Over 1 trillion in credit card debt alone. Overpriced and overvalued stock market. Inflation and price gouging by corporations. Wages that fail to keep up with inflation. Banks over leveraged. Banks failing. Repossessions of homes and cars steadily growing. Mass layoffs. Almost two thirds of workers living "paycheck to paycheck." Seniors unable to retire due to realizing they will outlive their savings. Increasing indigence and homelessness. We're ALREADY in a "financial crisis IMO.
@@starcorpvncj Ukraine has Trillions worth of minerals they are after.. I$rael is another faction of the American Imperialism .. BTW ,, they all have free medical ,free schooling ,free stolen housing and a monthly stipend checks like our SS.. all paid with our taxes... we are nothing but tax slaves for" empire"...
My husband and I had zero financial education when we got together in our mid-30’s & made it our mission to get out of debt, buy a home, pay it off long before retirement & create financial security for ourselves incase social security became insolvent. We are now 42 and purchased our home 2 years ago with zero other debt and we are on track to pay off our 30 year mortgage in 12-15 years PLUS have a home maintenance savings account for all foreseeable repairs and improvements over the next 30 years. And we began splitting our retirement savings between Roth and traditional to ensure we will have tax free money for unforeseen expenses in retirement. This video is actually super helpful, I liked and subscribed immediately. Thanks for bringing more financial education to the masses! ❤❤
i cant believe they held this economy for 5 years , and i been waiting march 2020 when we lockdown feels like yesterday i been on the edge of my seat for the pause button to unpause
@@therealthreadkilla im talking about any recent event other then for 2 months in 2020 the stock market has held up for 17 years now the blood isnt in the news yet you cant get deals on homes ,stocks, collectables yet the last time that occurred was 17 years ago.
Had to subscribe. First time anyone has given me a clear , fluff-free explanation on this topic that I actually understand & want to delve deeper into. Thank you, Nolan: you're a great teacher! I'll be hanging out in this space for the foreseeable future...
If we have a " great depression " type of crisis, many won't survive it. In the 30s, they didn't have grocery stores like we do now....people grew their own food, bartered and traded, they knew how to survive. Today, there is no hope for 90%, especially in large cities.
The situation in the 1930s has changed. The monetary system in 1930s was based upon a "gold" standard. That was a "material object" monetary system. i.e. assets - liabilities = net worth. Assets were fixed. When liabilities exceed assets we go bankrupt. This cannot happen, because in our current monetary system, the U.S. treasury is a "creator of money". The result of creating money is inflation. So to prevent depression, we substitute a round of inflation. This is what we are experiencing today. Too much money was the result of a pandemic solution. The pandemic caused reduced abilities to produce goods and services. So the government stepped in and placed money into citizens accounts so they could still buy goods and services, keeping the economy afloat. We cannot take back that money. Now, which would you rather have? a pandemic that results in a 1930s depression or worse, or a period of inflation, where the impact is spread out over time? I would choose the period of inflation. Inflation is painful, but better than depression. That was the wise choice of the government. Stop complaining. You don't understand the depression that did not happen. It might be that people who are "ignorant" on how our monetary system works, might fall back to believing in a "material object" monetary system. The U.S. has not paid off the debt from WWI and WWII. And we never will. The debt will continue to grow, there is no need to pay the debt. Paying off our debt would cause the entire current world monetary system to collapse. The fear mongers throw debt as an eventual crash of our society (i.e. false). It is true that corporations, business and individual budgets still work on a "material" monetary system. That is good, because we don't want individuals creating money. Such a process would make any money eventually worthless. For the U.S. as a government this crash will never happen. The government will create more money to pay the required interest, to prevent the crash. It will result in inflation. For the monetary system to work correctly requires a non-zero rate of inflation. The value of the dollar is based upon the trust that the U.S. government will pay its debt. Without that TRUST (across the entire world), our money would be worthless. (as an example see the Russian ruble). You have to understand that this monetary system is a type of Ponzi scheme, but a very special type. It is a system where all players (all governments) know all the rules and agree to not to take the valuables (manipulating for their single self interest) and escape leaving the other players with rubbish. Such an action is what happens in a normal Ponzi scheme. The world knows that the U.S is an honest broker and does not manipulate its money values to take advantage. All normal Ponzi schemes are based upon unfair manipulation based upon false trust. The process that our government has taken to resolve the "too much money" situation is like landing an airplane. It is called a "soft" landing. It avoids rapid descent (no money, into recession and depression) and stalls (hyper inflation into useless money). These extremes are similar to nose dives, or climbing to the point of a stall). The solution involves the Fed (the brakes) and the Treasury (the power). For the monetary system to work correctly requires a controlled amount of inflation. Zero inflation is like a plane that runs out of fuel. The government has done a good job at a soft landing, in that they have prevented a crash of our economy. I worry how the Trump administration will handle this. How wise will Trump be? Will his administration be as successful, or will our nation face a 1930s or 2008 situation? We will wait and see.
In The 30s FDR did the right thing. In 2008 Obama did enough stuff to stop the crisis. He just said stupid of the stupidest. The country will be run by such a person who is driven by greed. His patter is to make money on bankruptcies. It is so obvious what will happen. In two years, three years, will it happen at the end of his term.
@@lawrenceemke1866 Of course they had grocery stores. Do you really believe that all the people living in New York, Philly, Baltimore, Chicago, etc., etc., etc. had a large garden? Do you really believe that people living in a third floor apartment or fifth floor apartment had any kind of garden? Come on, get serious. Sure, my grand parents living back in the mountains grew things and raised a few animals, but that's how they survived before the Great Depression because they didn't have much money even then and didn't make moonshine like some folks.
So how exactly can we guard against the coming financial reset Like what are really the best strategies to make our portfolio recession proof against the incoming financial reset? I'm very worried about my $110k stock portfolio.
Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions.
I agree, having the right plan is priceless. My portfolio is well-suited for any market and recently doubled since early last year. My CFP and I are aiming for a seven-figure goal, which might take another year to achieve.
My CFA Sophie Lynn Carrabus, 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..
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..
Since the post elections the stock market 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.
With the way the market's been fluctuating, especially with inflation rising and banks struggling, I'm starting to worry about my stock investments. I'm also noticing how Bitcoin has been gaining more attention lately, especially with the new Bitcoin ETFs. Is it time to shift some of my focus there, or should I stick with traditional stocks for now? I'm considering the potential of both, but the market uncertainty is making me cautious.
Absolutely, having a solid plan is crucial. My portfolio has doubled since early last year. My financial advisor and I are working towards a seven-figure goal, though it might take until Q3 2024.
A crash and bullish market provides equal high-yield potential, it's all about information and strategy application, I've seen folks make huge 7figure profit in a crashing market and pull it off much easily in a bull market Unequivocally the crash/recession is getting somebody somewhere rich.
There are strategies capable of delivering consistent gains irrespective of economic or market conditions, but these are typically implemented by seasoned investment experts or financial advisors.
Such uncertainties are the reasons I don’t base my judgement on a ''heresay'' , 2020 had me holding trash stocks, but thankfully revamp my portfolio through the aid of a pro before seeing significant gains. To date, I've scaled up nearly 320% ROI. it's been 4 years and counting. I and my advisor are working on a 7 figure ballpark goal and we're not far.
She goes by ''Amber Michelle Smith'' a renowned figure in the financial industry with over two decades of experience. I'd suggest you research her further on the web.
I just checked her website, and I’m even more impressed! The range of financial strategies and resources she offers is amazing. I can see why so many people trust her with their investments-looking forward to working together!
Its a debt based economy with fractional reserve banking. Banks wiill continue to lend out money and americans will continue to barely cover the interest. This only works cause every nation uses the dollar for trading oil. Muh reserve currency
He lost all credibility when he said that a recession “can be fixed, easily, by having the central bank reduce interest rates”. There is no debating blind stupidity.
Are the GFC and Dot Com crashes the only financial history you have access to? There were recessions and instances of keeping a recession at bay before 2000. Your myopic conclusion is possibly based on not looking at enough data to have a full enough picture.
@@ThatonedudeCR12956 Not sure what point you are trying to make here, but I definitely understand enough about economics to know that a central bank making currency accessible is not the only factor that can put a nation into a recession. You don't even seem to refute his statement ultimately with your cop out of 'keeping a recession at bay' sounds a lot like current democrat leadership.... fail, deny then lie about everything by re defining standards and words.
there have been 2 cases in existence that it actually did work to prevent a meltdown. However it never truly fixed anything it only delayed the correction.
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.
It's a good idea to seek advice at the moment, unless you're an expert yourself. As someone who runs a service business and sells products on eBay, I can tell you that the economy is struggling and many people are struggling financially.
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 “Rebecca Noblett Roberts” 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..
Building wealth requires developing strong financial habits. At 42, I had just $178k to my name when I realized the importance of a disciplined approach. I chose the stock market as my growth vehicle and enlisted the help of a skilled financial advisor. Financial management is a critical topic that many overlook, often leading to significant regrets down the road.
Currently, I'm managing my finances carefully and maintaining a frugal approach. Over the past 19 months, my investments have grown by 43%, generating over $500K in profits. However, recent losses in the last month have left me feeling uncertain. I'm torn between selling off my positions or holding steady to see how the market plays out.
Having a solid strategy is invaluable. My portfolio is well-positioned for all market conditions and recently achieved a 100% increase since early last year. My Certified Financial Planner and I are currently targeting a seven-figure milestone, which we anticipate reaching by Q3 2024.
Rebecca Lynne Buie has consistently been my top recommendation. She’s widely recognized for her expertise in financial markets and has a strong track record. I highly recommend her.
and they will not allow us to reduce the pressure and bloat in any way, now they have all of our money and institutions to use against us. time to water the tree bigly.
Sounds like a skeptical outlook on things then. With the rate cuts do you think it's best for us who are not conservative investors to focus on bonds or dividend stocks? I want to reallocate my 7-figure portfolio and I preferably want the assets with the best ROI.
Bonds are a safer bet. They offer good stable yields. But dividend stocks could make you a fortune if you know how to go about it. But it's always a good idea to work with a CFA. It streamline your strategy and help profit a lot.
I've been through the 'bonds are beating stocks' periods since the 90s with no bonds and with all aggressive stock mutual funds. At 66, my IRA and cash accounts are far more than I expected for my retirement. I can easily handle a worst-case 80% stock crash, Thanks to my CFA.
Mind if I look up your advisr please? I've worked in real estate for over 15 years and have neglected a major stock portfolio. This served me well when I was flipping and renting houses, however I need a different plan now.
Sure you can! Sophia Nadene Morgan is the NY-based advisor I work with. Just search the name. You’d find necessary details to work with to set up an appointment.
Thank you @NolanMatthias so much for the economic history and finance lesson. Many channels are so quick and hard to understand and deter me from learning because I get overwhelmed. I really appreciate bullet points and simple indept explanations. Your video checks all the boxes for me - educational and enjoyable. Subscribed!!
The continuously changing economic conditions in our society have made it necessary for people to find additional sources of income, thus I am looking at the stock market to fuel my retirement goal of $3m, my only concern is the recent market crash.
Agreed, despite my rookie knowledge of investing, I have a financial advisor who did the trick in a bit more than 6 months after a lump sum capital of $500k, and I've so far made a fortune. I'm now buying real estates, gold and silver as advised by my FA.
Thanks for the info. I searched for her full name and found her website right away. I reviewed her credentials and did my research before reaching out to her.
I watched travel channel on YT, the guy went to Venezuela… some places accepted US dollar, a few accepted Venezuelan money… but all accepted gold, the guy brought breakfast with gold.
The market trend can turn around very quickly. In fact, the indexes often switch from a bear market to a bull market when the news is at its worst and the mood of investors is at its lowest point. I read an article of people that grossed profits up to $150k during this crash, what are the best stocks to buy now or put on a watchlist?
In particular, amid inflation, investors should exercise caution when it comes to their exposure and new purchases. It is only feasible to get such high yields during a recession with the guidance of a qualified specialist or reliable counsel.
True, initially I wasn't quite impressed with my gains, opposed to my previous performances, I was doing so badly, figured I needed to diverssify into better assets, I touched base with a portfolio-advisor and that same year, I pulled a net gain of 550k...that's like 7times more than I average on my own.
Looking at the US Bureau of Statistics, under the Consumer Price Index, one can notice that in the last quarter of this year, stocks are not really doing well, especially energy stocks as they seem to be below the zero point. However, I don't know if stocks will quickly rebound as I have no clue the direction of the market. Can I get an advice on any other stocks that I can acquire to diversify my reserve of $300k across multiple markets while creating a comprehensive portfolio.
Consult a fiduciary counsellor; these professionals are among the best in the business and offer individualized guidance to clients based on their risk tolerance. There are undesirable ones, but some with a solid track record can be excellent.
For you to grow your portfolio in today's market, you really need to be coachable and willing to get off your high horses. I for example, have managed to grow mine from $150k to 300% of my initial deposit within the past 11 months just by copying trades from a broker that has better skillset and technical know-how than me.
@@williamDonaldson432 I appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Here's the thing about gold. In 1920 you could get to a top level tailor and have a suit made for $20 or 1oz of gold. In 2024 you can't get anything for $20 but you can still buy a top of the range suit for 1 oz of gold.😊
Gold is the same as any other form of money .. when out invest in gold it’s no different then investing in crypto .. they tell you it’s worth and you play
You're right. Many ppl don't get that keeping money is not just a risk, it's a garantee to loose value over time. It's not gold that goes up, it's fiat money that goes down. Printing more dollars means every dollar is worth less (same with new stocks).
A older Gentleman told me 1 oz. of gold will buy a nice suit, fine dinner, and a fine hotel room. Now ( 1994 I was in high school ) or 1776. Should've listened!
Unfortunately, not all of us were financially literate early. I was 35 when I finally educated myself and started taking steps. I went from $176,000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and over $1000,000 net worth. I know that doesn't SOUND like a lot, but I'm incredibly proud of it. Now I'm fast-tracking my wealth building (investing $400,000 annually) and don't owe a dime to anyone. It's a good feeling!
The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional i am grateful to Michelle sule
Working with her has been a game-changer for my financial well-being. Her ability to simplify complex financial concepts and provide tailored solutions is commendable. Francine passion for her work shines through, making the financial planning process not only effective but also enjoyable..
I have been following CRYPTO MARKET movement for long now and i have bought about $2500 worth of XRP, $1200 worth of BNB, $4000 worth of SHIBA INU and about $2300 worth of ETH in the last year, but i need to start trading because if there is a dip in the market ,it affects my holdings.
that's nice She makes you that much!! please is there a way to reach her services, I work 3 jobs and trying to pay off my debts for a while now!! Please help me.
I'm investing in myself. I have scrimpted, saved and purchased raw Alaskan land. I got a driveway cut in, built a modest home, and am saving for a 4wdr pickup. I will build a barn next. I will be investing in livestock.
The difference between gold and other "assets" is that it is being horded by central banks and the BRICK countries for backing their currencies. It may go up substantially in monetary terms but in monetary terms only, it's purchasing power remains the same, it is returning to it's original purpose of preserving wealth and of being real money.
Nolan, frequently conflate value and price, particularly when discussing gold priced in dollars. It's important to understand that the dollar should be valued in terms of gold, not the other way around. Until you grasp this fundamental concept and realize that the dollar is merely a substitute, I suggest refraining from discussing topics you don't fully understand. Consider taking a more in-depth course instead of just 15 minutes a day! 😂
What I know for sure, is that here in Florida, the average person is unable to afford buying and maintaining a home, and rent is equally outrageously expensive. Healthy groceries are increasingly unaffordable, as well.
When I started buying silver it was $3 an ounce, now it is 10x that. When I started buying gold it was $300 an ounce. I think it was a great way to secure my money and grow it while having minimal counter party risk.
Very smart guy. I just found out average house is 700k in Canada. Thats 7kg gold. If you or anyone saved 50 gram per year which is very reasonable for 16 years you could own a house without mortgage. In 2008 1 kg gold was 25k Canadian.
So how does that work? Does a big truck pull up into your driveway and you put all your bars of gold in your safe somewhere safe? Seems like it would be much easier to just buy bitcoin. I think bitcoin is the new gold, especially for the younger generation.
With the Fed cutting interest rates by 50 bps, what do you think will happen to the stock market? My portfolio has performed exceptionally well this year, but I am concerned about the possibility of a market crash and losing my gains though but, it's all on a brighter and splurging side for Gold, should I look that way?
Gold and Silver are often seen as a safe-haven asset that can protect against inflation and economic uncertainty. But like any investment, it carries risks. To determine if gold is the right investment option for you, an investment advisor can help you weigh the potential benefits and risks of investing in gold. They can also help you create a well-diversified portfolio that includes gold as part of a broader investment strategy. An investment advisor can help you decide how much of your portfolio should be allocated to gold and select other investments that can complement your gold holdings.
Investing in gold is a reliable choice, and I plan to keep buying more to make up for my losses. While silver is also a good investment, my collectibles are not as similar. It's important to have clear investment goals and educate yourself on the type of investment that interests you. I work with a financial consultant regulated by the SEC, and started small, but eventually accumulated over $800,000.
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 ‘’Marisa Michelle Litwinsky’’ for about two years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
Marisa has the appearance of being a great authority in her profession. I looked her up online and found her website, which I reviewed and went through to learn more about her credentials, academic background, and employment. She has a fiduciary duty to protect my best interests. I sent her an email outlining my objectives and also booked a session with her; thanks for sharing.
Never bought bitcoin or gold and never bought gamestop. But I did buy apple in 2008, I did buy tesla in 2020, and I did buy Nvidia in 2022. Went all in. And its worked out amazing so far.
Markets look like 2015-16. Probably going back to all time highs, but will probably go sideways until fed signals rate cut, Recently sold 25% of my $285k portfolio comprising of plummeting stocks that were recommended by certain financial UA-camrs, quite devastating!
not their fault, the stock market seems to be more of a casino for gamblers now than a place for investors. even if you were averaging down on ailing companies, its your duty to properly research, buying the dip does not guarantee a rebound
The issue is most people have the “I will do it myself mentality” but not skilled enough. Ideally, advisors are perfect reps for investing jobs and at first-hand experience, my portfolio has yielded over 350%, since covid-outbreak to date, summing up nearly $1m.
I've shuffled through investment coaches and yes, they can be positively impactful to an individual's portfolio, but do your due diligence to find a coach with grit, one that withstood the 08' crash. For me, Vivian Jean Wilhelm turned out to be better and smarter than all the advisors I ever worked with till date, I’ve never met anyone with as much conviction.
I own 70% gold and 30% silver by value in the physical. My plan is to ride the gold:silver ratio until it reaches 50. Then I will slowly convert my silver to gold. I will then wait until the real estate market is sufficiently crashed which normally occurs 2-3 years after the financial crash. I will then convert my gold to land and finally be done with this clown world. I have plenty of dry powder to cover my expenses and living cost so there will be zero pressure on selling my metals.
Sounds like a plan but this time around, I believe 50:1 silver to gold is far too conservative. 7:1 is how it's pulled out of the ground. 15:1 is a ratio being met several times so I wouldn't be interested until at least 25:1 or even 20:1. Edit: It would also depend on the housing market at that time.
Plan is good in theory but waiting for a gold silver ratio of 7:1 or even 20:1 I think is a pipe dream. I had to sell 3,600 ounces of silver and 130 ounces of gold when I decided to move out of the country. Portability of silver was a problem because of weight. I was able to take 180 ounces of gold and 150 ounces of silver with me undetected. Since I didn’t know anyone in the country, I felt it better to bring my metals in discretely. As Mike Tyson said “Everyone has a plan until they get punched in the face” therefore have a plan B.
I think investors should always put their cash to work, especially In 2025, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks next year. Hope to make millions this 2025.
Invest in S&P 500 ETF, for as long as possible. Do it as often as you can. Try not to withdraw this money and let compounding do its work. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfoIlo allocation
Finding financial advisors like Viviana Marisa Coelho who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Gold and silver were put here by God. He did not put fiat currency here. He did put real estate here, He didn’t put stocks here. I own real estate debt free and gold, so I sleep well at night.
😂😂Nolan no comment here ??? Sorry buddy but Nolan is is a bit confused and frequently conflate value and price, particularly when discussing gold priced in dollars. It's important to understand that the dollar should be valued in terms of gold, not the other way around. Until you grasp this fundamental concept and realize that the dollar is merely a substitute, I suggest refraining from discussing topics you don't fully understand. Consider taking a more in-depth course instead of just 15 minutes a day! 😂
gold is going up because central banks and governments are buying it. I don't hear anyone talk about gold and silver. consumer sentiment is bad and so is the economy. what is going on is that we are at the end of a global debt based monetary system. gold could restest 2000 in a selloff but long term the trend is higher. I don't see it going below 2000 with the world drowning in debt.
Right. Interest rates can not go up because no one can afford the interests. So inflation will remain high. So gold is a good purchase now. And even if there is going to be an honest recession there's nothing steady to invest so gold will became an excellent investment. Two years ago I put some money in gold. The current events are one year later than I expected but it's doing very well.
Having been concerned about finances throughout my entire adulthood, it's captivating to observe this video and realize that one can achieve alot if goals are set right. Experiencing the freedom of not being preoccupied with the financial concerns that consumed me for numerous years is truly liberating. I suppose this is the result of putting in diligent effort for the future.
Remarkable observations! Handling and staying abreast of things can be quite daunting for newcomers like myself. Are you a seasoned investor, or do you employ a methodical approach to staying well-informed?
Since the inception of my business, I've maintained contact with a financial advisor. In the current cultural landscape, the difficulty lies in discerning the opportune moments to buy or sell when dealing with trending stocks. This process, while seemingly straightforward, is effectively managed by my advisor, who handles entry and exit orders for my portfolio. Over the span of just a little over a year, my portfolio has seen substantial growth, exceeding $750k.
Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance.
Great video! I really have a question. For someone with less than $5,000 to invest, how would you recommend we enter the crypto market? I am looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What's your take on this approach?
My advice: for newbies to grow financially this year, invest. Saving is good, but investing elevates your finances. Why newbie make huge losses on trade is because investing without proper guidance can lead to mistakes and losses. that will stop you from trading, this has been one of the biggest problem to new traders, I've learned this from my own experience.
I agreed, investing without proper guidance can lead to mistakes and losses. last year. I did so many mistakes but also learned so much from it, If you're new to investing or don't have much time, it's best to get advice from an expert.
As a beginner, it's essential for you to have a mentor to keep you accountable. Myself, I'm guided by Daniel Adams Bailey. for years and highly recommend him I focus on him. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
How can we protect ourselves from the anticipated financial reset in 2024? What are the best strategies to make our portfolios resilient against this potential reset? I'm particularly concerned about my $110k stock portfolio.
Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions.
Yes true, I learnt that in 2020, when I lost almost everything. But I switched to using a financial advisor and I've been gaining at least 25-30k every quarter so I’ve been sticking to investing via an Advis0r.
Agreed! this is why I work with one. My $520k portfolio is well-matched for every market season yielding 85% rise from early last year to date. I and my advsor are working on more figures for this year. IMO, financial advisors are the most sought-after professionals after doctors.
I've experimented with a few over the past years, but I've stuck with the popularly Carol Vivian Constable for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
The repeal of the Glass-Steagall Act in 1999 was a significant cause of the 2007-2008 financial crisis. The repeal allowed banks to engage in activities that were previously prohibited, such as investment banking and insurance, which contributed to the growth of the largest banks
I dont even know where the stock market is headed to right now. my portfolio of around 200k is not increasing more than 5% and people are predicting a crash .
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
My CFA Julianne Iwersen-Niemann 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..
Thank you for saving me hours of back and forth investigation into the markets... I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.
The three things you can use as payment everywhere at any time is, Cash, Gold and Drugs. When the digital system breaks down as it will at once during a war. You are stuck with your plastic cards and no money
This was a great explanation on the risks of speculation - seems like many institutions would not bet on these cycles, but rely on them - I wonder what the motivation for regulatory bodies to, let's say, "ensure the public understands the potential risks of speculative investment", when there is not actually an effort to prevent economic bubbles.
I would politely suggest that you familiarise yourself with the difference between price and value. They are not the same thing and are not interchangeable.
It doesn't matter where I look, it's everywhere. What is everywhere? People LIVING well outside their means. BIG HOUSES. BIG PROPERTIES. These people will then Rack Up their Credit Cards, and they use the New Found Equity to buy, Buy, BUY. Boats, Trucks, Cars, Toys, etc etc
America has to have a boom bust cycle since the beginning of. I realized this reading a book most have no idea exists, The Half has Never been told. Don’t run away because of the title there are a lot of financial jewels in there.
@ that’s correct! A confluence of things led to world wide inflation, thankfully the US handled it well. Simultaneously you can also say the working class is getting crushed by inflation while the business class is reaping the rewards.
If you are savvy enough you buy any asset at its low point houses stock market precious metals but most people buy when assets are at a peck and will soon roll over
@@NolanMatthiasyou only reply to comments that fit your delusional narrative. To funny. You actually bring up tulips. Go back to lala land Dave ramsey.
How can I protect my stock portfolio of around 800K? I don't want to get burnt out. Will the rate cut lead to inflation? I'm very worried about my portfolio losing value. Do i move to 100% cash? I just have a ton of questions.
This is the what people that handle their portfolio themselves go through. I will advice you get yourself some fiduciary advisor to help you redistribute assets in your portfolio to match every market season.
I've been through the 'bonds are beating stocks' periods since the 90s with no bonds and with all aggressive stock mutual funds. At 66, my IRA and cash accounts are far more than I expected for my retirement. I can easily handle a worst-case 80% stock crash, Thanks to my advisor.
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. A trader made over $350k in this recession influenced market.
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
I require suggestions on how to restore my portfolio and create more effective strategies in light of the huge declines. Where can I locate this instructor?
Jessica Lee Horst is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
I am going to look her up, I have about $81k i want to start with, might be small but it's better than nothing though. Since the 08 crash is playing out again.
This is probably why Charlie Chaplin pulled out of his investments before the crash of 1929. Perhaps he saw that too much was being put into certain stocks and decided it was too good to be true. And the stripper scene in The Big Short is what made me better understand what happened preceding the 2008 crisis. I applied this mentality when when considering store credit cards, cashiers try ro prompt you with at checkout. I definitely considered it when I purchased my latest car. I won't accept introductory teaser rates or discounts, only to be stuck with a higher APR later on, if I cannot refinance. Car dealerships will check your credit, without your consent, if you don't catch them upfront. Always avoid using dealership financing. They will try to even if you can get a better deal from your own bank or credit union.
Fraud is generally a key component of a bubble. As mania kicks in, people's concerns over fraud lessen as the perceived risk diminishes. Over time, bad actors crowd out those foolish enough to follow the rules and the market becomes dominated by fraud. This was the case with the 2000s subprime bubble and the 1980s savings and loan bubble. It's the same case now, too.
Cashed in my chips today, feel good about my decision. Went to 80% cash. You have to ask yourself how much more upside is left 5-10%? Nobody knows I miss another 10% no big deal, I’ve lived through this twice before and it smells just like 1999 and 2007. We are talking about trillion dollar market cap companies like a trillion is nothing. Yeah I think when companies are worth more than countries it must make you go hmmm.. good luck to all.
I have always been frugal. I never have gotten anything i didnt have money for except a house now paid for. Trying to save $for my kids, who will have a hard time getting houses , as the rich get richer and the middle class disappears
The rising interest rate can surely control inflation, but won't prevent erosion of the eroding purchasing power of the US dollar. I have learnt my lesson this time. The banks can't be making money off my money, while inflation eats into it. I have set aside 650k to invest in the stock market now, since that keeps up with inflation, but I don't know how to get started.
Zachery M Demers is the licensed FA I work with, I can't speak much about him you should make a search with his name, you'd find the necessary details to schedule an appointment.
The dumbest way may be the best: invest a little bit (maybe 5% of your ready cash) each month or quarter in an S&P500 index fund. If the market goes up, good for you. If the market is sliding, you're buying the fund "on a 20%-off sale".
No signs? The longest inverted yield curve since the Great Depression? Credit card debt at an all time high? Banks going bust? 35 trillion in debt and counting? Recessions are healthy cause they weed out risky money. But we bailed out those people and then tripled the debt. The fact that you said 80 years for another crisis is insane and discredits everything else you say
The fact that there is already an excessive amount of demand awaiting its absorption, despite how everyone is frightened and calling the crash, is another reason why it is less likely to occur that way. 2008 saw no one, at least not the broad public, making this forecast, as I'll explain below. The ownership rate was noted to have peaked in 2004 in the other comment. Having previously peaked in the second quarter of 2020, we are currently at the median level. Between 2008 and 2012, it dropped by 3%, and by the second quarter of 2020, it had dropped from 68 to 65.
Investing in both real estate and stocks can be prudent choices, particularly when backed by a robust trading strategy that can navigate you through prosperous periods.
You're not doing anything wrong; the problem is that you don't have the knowledge needed to succeed in a challenging market. Only highly qualified professionals who had to experience the 2008 financial crisis could hope to earn a high salary in these challenging conditions.
Recently, I've been considering the possibility of speaking with consultants. I need guidance because I'm an adult, but I'm not sure if their services would be all that helpful.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Aileen Gertrude Tippy’’ for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
*Excellent analysis, I have never seen an analysis as well structured as yours. Look, I have been investing in Bitcoin ETFs and other dividend income since 2020, I have a total of 734 thousand dollars, with my 83 thousand I am very grateful for all the knowledge and information you have given me.*
I would say there is one exception here--Canadian real estate. Yes, houses here are seen as assets to trade, like commodities. People 'invest' in this market, much like Americans invest in stocks. But the reality of housing also being an absolute necessity to sustain life, will keep this 'asset class' skyrocketing, coupled with the feds decision to flood that 'market' with an ungodly amount of immigrants, thus keeping up insane demand, no matter the economy, or affordability. Indeed, the universe itself will intercede to guarantee artificially inflated Canadian housing/rental prices--FOREVER.
The borrowing greater than the value counting on it going up - (125%) was also contributing to the 2008 crisis. When my husband and I heard those ads, we freaked out and knew trouble was coming.
I’m not a huge person in student debt relief but listening to this does put me on guard for a potential crash from that due to lack of income to pay the huge loans back
Tired of the "recession is coming!" threat. Recessive periods come along with equivalent market opportunities if you are well informed and equipped, I've seen folks amass wealth in the midst of economic turmoil and even pull it off easily in favourable conditions. Invariably, the collapse is getting somebody somewhere rich
i agree with you and safest approach i feel to go about it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Sonya Lee Mitchell is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
Wrong! I’ve been buying gold since 2013! They rise slowly but never dropped. They rise slowly then increased overnight but never dropped or dropped significantly. Especially during this inflation time, gold continue to rise while dollar continuously loosing its value.
@@LibertyJusticeforALL-ii3nm your off topic! My husband plays bit coin! I didn’t believe in it. I just started bitcoin 2 years ago, and just bought xrp last year. I diversified! I own 2 houses
We had hard times from 1870s up and down until 1929. Seventy years of depression. What we are experiencing now started in the early 1970s and we’re staring right down both barrels at another world depression as 1929
I am sure what this guy is thinking. He does not talk about government deficit spending by governments around the world. Currency debasement is on going issue.
Love the video, and your very relaxed style. I'd like to make a few points: (1) When you talk about gold, check out the correlation with interest rates. (2) The great depression was not caused by the stock market crash. 2 months after the crash in Dec 1929, unemployment peaked at 9%. 9 months later it had dropped to 6.5%. At that point Hoover instituted the Smoot-Hawley tarrifs despite a letter against this policy by 1,000 leading economists. Within 5 months, unemployment hit 10%, and didn't fall below double figures until WW2. The Fed failed by allowing money supply to reduce by aroundn 1/3. What we are seeing now is the result of the 2008 intervention. (3) Not all speculation is bad. It often removes specific risks from one individual to be used by someone else spreading their risk e.g. commodities speculators are good for small farmers in the long run. insurance companies are based on this.
At least Tulips _are something you can look out your window and see every Spring_ BTC is more like a Ponzi Scheme. No explosion of color, just a dead dream. _lmao_
Thank you for sharing. Financial education is crucial today to show incredible resilience and discipline in the volatile market, masterfully balancing strategy and insight for success. This dedication to continuous learning is inspiring...managed to grow a nest egg of around 2.1BTC to a decent 11B TC in the space of a few weeks... I'm especially grateful to Milton Harper, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape..
It was a very bad decision to remove the Glass-Steagall Act in the late 1990s, which led to the spectacular failure of huge banks during the financial crisis of 2007-2008. To prevent another disaster, Dodd-Frank and this statute both need to be reestablished right away. What happened with SVB is only the beginning of what will happen if nothing is done to address the current situation.
I believe SVB was making an effort to reorganize their bond portfolio. Yes, they would lose money if they sold their low-yielding bonds. But, they were trying to make up for it by repurchasing bonds on the open market at the higher interest rate.
Very true, a huge part of my portfolio growth has come during this bear market. I've been able to scale from $180K to $572K in a short period of time. I basically was just following the steps and guideline from my financial advisor. as long as you've professional help, you're good to go
My trustworthy advisor, Stacy Lynn Staples, works for a fee only. She actually offers free consultations and always has the interests of her clients at heart. She and I have been colleagues ever since I turned 40. She is a busy woman, but if you can catch her attention, she might be able to help.
Simply by pasting Stacy’s full name into my browser, her website immediately displayed. You've spared me from doing a lot of tedious research, so thank you.
The rising value of things like Bitcoin scares me... someone just made up a term one day (bitcoin) and somehow that made-up thing is now far more valuable than many many US dollars.
B has some value such as: hiding money, making illegal transactions. Therefore there is some underlying value to its holders, but clearly not a real alternative currency.
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, thanks Brooke Grace Miller
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
My main mantra that I follow is: "If you're hearing about it in the news and media, it's already too late."
or "get on now, folks, the train is leaving the station"
who would believe any thing MSM says, they just spent 9 years normalizing every crime and screwed up thing tRumpf did,, but NEVER MENTIONED tRumpfs call to SAUDI ARABIA in april of 2020 where he forced mbs to cut oil production,to increase the price of oil,, which is when the astronomical inflation started,, next came the price gouging ,,President Biden released the 350 million barrels in the strategic oil reserve when oil was at its peak,, which flooded the market resulting in lower oil prices and less inflation,, then biden bought it back at half price and made an extra 12 billion $'s in the process, and unlike tRumpf Biden didn't keep the money nor send out a tweet congratulating himself on his greatness like tRumpf would of.. its RICH that the rethugs blame Biden for what tRumpf did to inflation,, whats worse is the rubes that believe a word tRumpf says...any one that wants proof here it is..www.reuters.com/article/us-global-oil-trump-saudi-specialreport-idUKKBN22C1V4/
Or "when the man in the pub starts talking about it its too late"
The main difference between 1634 and now is the internet. More people in the sector expressing their worries online, more openness of info so everyone can analyse on their attic and putting it online again, more people reading alternative news/X for info instead of traditional media etc
Also, if a lot of people are telling you they know the future that is not obvious, they are most certainly wrong
That’s why Buffet always says, when others are buying, SAVE, when others are saving BUY.
Thst made him an honest billionare
I like T-Bills.
When people are greedy, sell. When people are scared, and there is blood in the streets, buy
He’s an evil, hate filled man.
What an easy thing for a multi billionaire to say
It’s amazing really. We have a financial crisis, caused by greedy, reckless financial institutions. Congress passes legislation requiring those institutions to be less greedy and reckless. The institutions then lobby to have those restrictions removed, usually in the name of “remaining competitive”. This leads to another financial crisis. It’s completely predictable, and we have been doing this dance since the Great Depression almost 100 years ago.
Agree; the rules should be applicable to all banks - big or small. First; very few meaningful laws are passed and then this cycle of doing-undoing seems to support deregulation risking the economy and the faith in banks.
I believe using an investing advisor isn’t a terrific idea. In the midst of the 2008 financial crisis, I was literally experiencing horrible dreams before I spoke with an advisor. In conclusion, I was able to increase my initial investment from $320k to almost $2.5 million in 2011 with the aid of my advisor, and I later bought my first investment property.
I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?
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.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
"Not Spending Money" is also a skill during these hard time
That's what I am doing. Hi from Greece.
It always pays off, pun intended. There's a large number of people doing it really tough.. there's a HUGE number of people with ZERO financial discipline blaming everyone and everything else except themselves.
Not spending money is easier than doing things that save money. I do things that save money so I don't have to spend it
Over the last two weeks I have nearly the entire winter's firewood supply laid in. Over the last 40 years that has saved us a tremendous amount of money heating the house. We used the covid money to upgrade our wood stove to one more efficient and at the same time there was a energy tax credit available.
2 billion you won't miss much
Though, if you don't use responsibly, it could be detrimental to many and the necessities others need too and then you find yourself alone on a planet and what would you buy anyway? Keep that in mind
2006 - I was at the grocery store listening the checker tell me how her and her husband, who also worked at the store, had just purchased their third rental home. Went home and sold every piece of real estate I owned and rode out the crash living full time in an RV..
I saw the crash happening in 2005 when all my clients- large volume homebuilders- were unable to pay mortgages on their unsold glut of developed properties. It make me sick that the media blamed homebuyers instead of the home builders
You were one step ahead of the curb!
A clear sign it was coming is when financial institutions created CDO and CDS instruments and ran around the world selling their junk mortgage debt to anyone stupid enough to buy it.
When the collapse happened Russia worked out the con job and pulled a game of their own , they dumped US banking stocks which fell an average of 22 % overnight and they bought up tonnes of gold at the close of the london exchange causing the gold price to jump $ 90 an ounce in 20 minutes which was huge back then.
Greenspan and others jumped on a plane , flew to Moscow , and whatever negotiations were carried out its safe to assume that Russia got paid back what they wanted and they allowed bank stocks and gold to return to their natural level.
It was the government that created that problem. Not home builders. Lol
@@damonmcdowell3684It was Greenspan and the people behind him who gave him his marching orders. Artificially low interest rates.
More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
Certain Ai companies are rumored to be overvalued and might cause a market correction, I’d suggest you go with a managed portfolio, but even those don’t perform so well, so it’s best you reach out to a proper fiduciary to guide you, that’s what works for my spouse and I.
This is all new to me, where do I find a fiduciary, can you recommend any?
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 ‘Grace Adams Cook’ for about two years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.
Debt in 1929 = Stocks; Debt in 2008 = Housing; Debt in 2025 = Governments Globally. It doesn't repeat but it shure does rhyme.
The US owed the debt *to themselves.* God, you guys are so insufferably gullible 🥱
Consumer and government debts are at all time highs
2008 was mortgage crisis , the USA started that and sold the, I owe you, all over the world en.wikipedia.org/wiki/Subprime_mortgage_crisis
If a publicly traded company chooses to outsource overseas to cut costs,
it should start by outsourcing top-tier management positions like the CEO, CFO, and CTO.
By saving millions paid to these executives, the company could preserve the jobs of many American workers.
These employees, when gainfully employed, would contribute much more to the local economy than a
small group of highly paid executives.
The reason we have fiancial crisis is inflation and the only reason we get inflation is money printing
17 TRILLION dollars of total consumer debt in America. Over 1 trillion in credit card debt alone. Overpriced and overvalued stock market. Inflation and price gouging by corporations. Wages that fail to keep up with inflation. Banks over leveraged. Banks failing. Repossessions of homes and cars steadily growing. Mass layoffs. Almost two thirds of workers living "paycheck to paycheck." Seniors unable to retire due to realizing they will outlive their savings. Increasing indigence and homelessness. We're ALREADY in a "financial crisis IMO.
Govt giving so much taxpayers' money to Ukraine and Israel and for what?
@@starcorpvncj Ukraine has Trillions worth of minerals they are after.. I$rael is another faction of the American Imperialism .. BTW ,, they all have free medical ,free schooling ,free stolen housing and a monthly stipend checks like our SS.. all paid with our taxes... we are nothing but tax slaves for" empire"...
@@DexterHavenSome people can’t handle the truth.
@@kevinrude6731 Yes, next to every silver lining they search for a dark cloud.
We can't already be in a financial crisis with 4.2% unemployment and 2.9% GDP growth but things can definitely turn fast in the near future.
My husband and I had zero financial education when we got together in our mid-30’s & made it our mission to get out of debt, buy a home, pay it off long before retirement & create financial security for ourselves incase social security became insolvent. We are now 42 and purchased our home 2 years ago with zero other debt and we are on track to pay off our 30 year mortgage in 12-15 years PLUS have a home maintenance savings account for all foreseeable repairs and improvements over the next 30 years. And we began splitting our retirement savings between Roth and traditional to ensure we will have tax free money for unforeseen expenses in retirement. This video is actually super helpful, I liked and subscribed immediately. Thanks for bringing more financial education to the masses! ❤❤
Good luck 😊
i cant believe they held this economy for 5 years , and i been waiting march 2020 when we lockdown feels like yesterday i been on the edge of my seat for the pause button to unpause
Same here but what if it doesn't come for another 10 years?!
5 years? more like since 2008. 2008 was never fixed and only made worse, twice as worst.
@@therealthreadkilla im talking about any recent event other then for 2 months in 2020 the stock market has held up for 17 years now the blood isnt in the news yet you cant get deals on homes ,stocks, collectables yet the last time that occurred was 17 years ago.
I want to think it will happen during Trumps second term since he cant run again
yes !! I look around and wonder where people are getting all this money. casinos full houses market high ect. its like there is no end
Had to subscribe. First time anyone has given me a clear , fluff-free explanation on this topic that I actually understand & want to delve deeper into. Thank you, Nolan: you're a great teacher! I'll be hanging out in this space for the foreseeable future...
i like ur way of explaining its very calm not at all sensationalizing , very mature content
If we have a " great depression " type of crisis, many won't survive it. In the 30s, they didn't have grocery stores like we do now....people grew their own food, bartered and traded, they knew how to survive. Today, there is no hope for 90%, especially in large cities.
Parts of the states are in dying need of rain and crops are not growing 😢
That's why I and many others have gotten out 👍
The situation in the 1930s has changed. The monetary system in 1930s was based upon a "gold" standard. That was a "material object" monetary system. i.e. assets - liabilities = net worth. Assets were fixed. When liabilities exceed assets we go bankrupt. This cannot happen, because in our current monetary system, the U.S. treasury is a "creator of money". The result of creating money is inflation. So to prevent depression, we substitute a round of inflation.
This is what we are experiencing today. Too much money was the result of a pandemic solution. The pandemic caused reduced abilities to produce goods and services. So the government stepped in and placed money into citizens accounts so they could still buy goods and services, keeping the economy afloat. We cannot take back that money. Now, which would you rather have? a pandemic that results in a 1930s depression or worse, or a period of inflation, where the impact is spread out over time? I would choose the period of inflation. Inflation is painful, but better than depression. That was the wise choice of the government. Stop complaining. You don't understand the depression that did not happen.
It might be that people who are "ignorant" on how our monetary system works, might fall back to believing in a "material object" monetary system. The U.S. has not paid off the debt from WWI and WWII. And we never will. The debt will continue to grow, there is no need to pay the debt. Paying off our debt would cause the entire current world monetary system to collapse. The fear mongers throw debt as an eventual crash of our society (i.e. false). It is true that corporations, business and individual budgets still work on a "material" monetary system. That is good, because we don't want individuals creating money. Such a process would make any money eventually worthless. For the U.S. as a government this crash will never happen. The government will create more money to pay the required interest, to prevent the crash. It will result in inflation. For the monetary system to work correctly requires a non-zero rate of inflation. The value of the dollar is based upon the trust that the U.S. government will pay its debt. Without that TRUST (across the entire world), our money would be worthless. (as an example see the Russian ruble).
You have to understand that this monetary system is a type of Ponzi scheme, but a very special type. It is a system where all players (all governments) know all the rules and agree to not to take the valuables (manipulating for their single self interest) and escape leaving the other players with rubbish. Such an action is what happens in a normal Ponzi scheme.
The world knows that the U.S is an honest broker and does not manipulate its money values to take advantage. All normal Ponzi schemes are based upon unfair manipulation based upon false trust.
The process that our government has taken to resolve the "too much money" situation is like landing an airplane. It is called a "soft" landing. It avoids rapid descent (no money, into recession and depression) and stalls (hyper inflation into useless money). These extremes are similar to nose dives, or climbing to the point of a stall). The solution involves the Fed (the brakes) and the Treasury (the power). For the monetary system to work correctly requires a controlled amount of inflation. Zero inflation is like a plane that runs out of fuel. The government has done a good job at a soft landing, in that they have prevented a crash of our economy.
I worry how the Trump administration will handle this. How wise will Trump be? Will his administration be as successful, or will our nation face a 1930s or 2008 situation? We will wait and see.
In The 30s FDR did the right thing. In 2008 Obama did enough stuff to stop the crisis. He just said stupid of the stupidest. The country will be run by such a person who is driven by greed. His patter is to make money on bankruptcies. It is so obvious what will happen. In two years, three years, will it happen at the end of his term.
@@lawrenceemke1866 Of course they had grocery stores. Do you really believe that all the people living in New York, Philly, Baltimore, Chicago, etc., etc., etc. had a large garden? Do you really believe that people living in a third floor apartment or fifth floor apartment had any kind of garden? Come on, get serious.
Sure, my grand parents living back in the mountains grew things and raised a few animals, but that's how they survived before the Great Depression because they didn't have much money even then and didn't make moonshine like some folks.
So how exactly can we guard against the coming financial reset Like what are really the best strategies to make our portfolio recession proof against the incoming financial reset? I'm very worried about my $110k stock portfolio.
Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions.
I agree, having the right plan is priceless. My portfolio is well-suited for any market and recently doubled since early last year. My CFP and I are aiming for a seven-figure goal, which might take another year to achieve.
My CFA Sophie Lynn Carrabus, 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..
Worry about food.
S&P 500. Listen to Warren Buffet
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..
Since the post elections the stock market 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.
Finally a clear, articulate and brilliantly informative overview of what to look out for and how to prepare. Can’t thank you enough. So invaluable!
With the way the market's been fluctuating, especially with inflation rising and banks struggling, I'm starting to worry about my stock investments. I'm also noticing how Bitcoin has been gaining more attention lately, especially with the new Bitcoin ETFs. Is it time to shift some of my focus there, or should I stick with traditional stocks for now? I'm considering the potential of both, but the market uncertainty is making me cautious.
If you're not familiar with market investing tactics, you should get advice from a financial counselor.
Absolutely, having a solid plan is crucial. My portfolio has doubled since early last year. My financial advisor and I are working towards a seven-figure goal, though it might take until Q3 2024.
I could really use the expertise of an advisor like that.
Bitcoin has no backing by federal dollars. I personally feel it’s a pyramid scheme. Please be careful. Beware of get rich quick schemes
The time to get in bitcoin was a year ago. Anything now is risky until next winter. Right now you are watching crypto summer
A crash and bullish market provides equal high-yield potential, it's all about information and strategy application, I've seen folks make huge 7figure profit in a crashing market and pull it off much easily in a bull market Unequivocally the crash/recession is getting somebody somewhere rich.
There are strategies capable of delivering consistent gains irrespective of economic or market conditions, but these are typically implemented by seasoned investment experts or financial advisors.
Such uncertainties are the reasons I don’t base my judgement on a ''heresay'' , 2020 had me holding trash stocks, but thankfully revamp my portfolio through the aid of a pro before seeing significant gains. To date, I've scaled up nearly 320% ROI. it's been 4 years and counting. I and my advisor are working on a 7 figure ballpark goal and we're not far.
Your advisor must be really good. How I can get in touch? My portfolio's decline is a concern, and I could use some guidance.
She goes by ''Amber Michelle Smith'' a renowned figure in the financial industry with over two decades of experience. I'd suggest you research her further on the web.
I just checked her website, and I’m even more impressed! The range of financial strategies and resources she offers is amazing. I can see why so many people trust her with their investments-looking forward to working together!
I don't get it. Bubbles aren't the only cause of financial crisis. Are we ignoring 35 trillion in debt, increasing 3 trillion a year just in interest?
$36.4T by 1/2025. Biden/Harris wi have increased the debt by $8.4T higher than any other president in US history
90 trillion dollars obligations include
That's what happens to fiat currency.
Debts and bubbles always go hand in hand
Its a debt based economy with fractional reserve banking. Banks wiill continue to lend out money and americans will continue to barely cover the interest. This only works cause every nation uses the dollar for trading oil. Muh reserve currency
It’s great to see a channel giving clear advice because we are not all expert’s.
He lost all credibility when he said that a recession “can be fixed, easily, by having the central bank reduce interest rates”. There is no debating blind stupidity.
Are the GFC and Dot Com crashes the only financial history you have access to? There were recessions and instances of keeping a recession at bay before 2000. Your myopic conclusion is possibly based on not looking at enough data to have a full enough picture.
@@ThatonedudeCR12956 Not sure what point you are trying to make here, but I definitely understand enough about economics to know that a central bank making currency accessible is not the only factor that can put a nation into a recession.
You don't even seem to refute his statement ultimately with your cop out of 'keeping a recession at bay' sounds a lot like current democrat leadership.... fail, deny then lie about everything by re defining standards and words.
Exactly, he totally forgot to mention "unemployment, job losses, lay offs"
there have been 2 cases in existence that it actually did work to prevent a meltdown. However it never truly fixed anything it only delayed the correction.
@@ThatonedudeCR12956So what's your goddamn point?
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.
It's a good idea to seek advice at the moment, unless you're an expert yourself. As someone who runs a service business and sells products on eBay, I can tell you that the economy is struggling and many people are struggling financially.
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 “Rebecca Noblett Roberts” 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..
Thank you for the recommendation. I'll send her an email, and I hope I'm able to reach her.
Building wealth requires developing strong financial habits. At 42, I had just $178k to my name when I realized the importance of a disciplined approach. I chose the stock market as my growth vehicle and enlisted the help of a skilled financial advisor. Financial management is a critical topic that many overlook, often leading to significant regrets down the road.
Currently, I'm managing my finances carefully and maintaining a frugal approach. Over the past 19 months, my investments have grown by 43%, generating over $500K in profits. However, recent losses in the last month have left me feeling uncertain. I'm torn between selling off my positions or holding steady to see how the market plays out.
Having a solid strategy is invaluable. My portfolio is well-positioned for all market conditions and recently achieved a 100% increase since early last year. My Certified Financial Planner and I are currently targeting a seven-figure milestone, which we anticipate reaching by Q3 2024.
Your advisor seems to have a strong track record. May I ask if you are still working with the same advisor, and how I might get in touch with them?
Rebecca Lynne Buie has consistently been my top recommendation. She’s widely recognized for her expertise in financial markets and has a strong track record. I highly recommend her.
I just researched her online, and I must say she has an impressive background in investing. I will reach out to her via email shortly.
The biggest bubble now is the government debt.
Concerning for sure
The government is in debt to itself, so what?
and they will not allow us to reduce the pressure and bloat in any way, now they have all of our money and institutions to use against us.
time to water the tree bigly.
Absolutely ridiculous amount of debt and can’t be sustained. They just keep spending more of other people’s money.
The debt situation, and inevitable crash / “reset”, is exactly why western countries are pushing so hard for WW3!
Sounds like a skeptical outlook on things then. With the rate cuts do you think it's best for us who are not conservative investors to focus on bonds or dividend stocks? I want to reallocate my 7-figure portfolio and I preferably want the assets with the best ROI.
Bonds are a safer bet. They offer good stable yields. But dividend stocks could make you a fortune if you know how to go about it. But it's always a good idea to work with a CFA. It streamline your strategy and help profit a lot.
Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased.
I've been through the 'bonds are beating stocks' periods since the 90s with no bonds and with all aggressive stock mutual funds.
At 66, my IRA and cash accounts are far more than I expected for my retirement. I can easily handle a worst-case 80% stock crash, Thanks to my CFA.
Mind if I look up your advisr please? I've worked in real estate for over 15 years and have neglected a major stock portfolio. This served me well when I was flipping and renting houses, however I need a different plan now.
Sure you can! Sophia Nadene Morgan is the NY-based advisor I work with. Just search the name. You’d find necessary details to work with to set up an appointment.
Thank you @NolanMatthias so much for the economic history and finance lesson. Many channels are so quick and hard to understand and deter me from learning because I get overwhelmed. I really appreciate bullet points and simple indept explanations. Your video checks all the boxes for me - educational and enjoyable. Subscribed!!
The continuously changing economic conditions in our society have made it necessary for people to find additional sources of income, thus I am looking at the stock market to fuel my retirement goal of $3m, my only concern is the recent market crash.
for majority, the solution to their problem can be found in specialized knowledge, so you can as well seek guidance from a well experienced advisor
Agreed, despite my rookie knowledge of investing, I have a financial advisor who did the trick in a bit more than 6 months after a lump sum capital of $500k, and I've so far made a fortune. I'm now buying real estates, gold and silver as advised by my FA.
Monica Shawn Marti is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Thanks for the info. I searched for her full name and found her website right away. I reviewed her credentials and did my research before reaching out to her.
You mean the upcoming 90+ percent crash in stocks.
Gold is not an investment. Gold is money.
I watched travel channel on YT, the guy went to Venezuela… some places accepted US dollar, a few accepted Venezuelan money… but all accepted gold, the guy brought breakfast with gold.
Exactly, this guy doesn't understand the difference between fiat currency and sound money
Until Bitcoin came.
Gold has no value, just like crypto. It's based on speculation. It has no real life usage, except a small amount in electronics.
what about old gold?
Man, this was a good 24:10 minutes spent! Thank you for your insight, you've gained a Subscriber!
The market trend can turn around very quickly. In fact, the indexes often switch from a bear market to a bull market when the news is at its worst and the mood of investors is at its lowest point. I read an article of people that grossed profits up to $150k during this crash, what are the best stocks to buy now or put on a watchlist?
In particular, amid inflation, investors should exercise caution when it comes to their exposure and new purchases. It is only feasible to get such high yields during a recession with the guidance of a qualified specialist or reliable counsel.
True, initially I wasn't quite impressed with my gains, opposed to my previous performances, I was doing so badly, figured I needed to diverssify into better assets, I touched base with a portfolio-advisor and that same year, I pulled a net gain of 550k...that's like 7times more than I average on my own.
This aligns perfectly with my desire to organize my finances prior to retirement. Could you provide me with access to your advisor?
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.
Scammers 👆
Looking at the US Bureau of Statistics, under the Consumer Price Index, one can notice that in the last quarter of this year, stocks are not really doing well, especially energy stocks as they seem to be below the zero point. However, I don't know if stocks will quickly rebound as I have no clue the direction of the market. Can I get an advice on any other stocks that I can acquire to diversify my reserve of $300k across multiple markets while creating a comprehensive portfolio.
Consult a fiduciary counsellor; these professionals are among the best in the business and offer individualized guidance to clients based on their risk tolerance. There are undesirable ones, but some with a solid track record can be excellent.
For you to grow your portfolio in today's market, you really need to be coachable and willing to get off your high horses. I for example, have managed to grow mine from $150k to 300% of my initial deposit within the past 11 months just by copying trades from a broker that has better skillset and technical know-how than me.
@@williamDonaldson432 I appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Her name is Annette Marie Holt. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
the tulip bubble sums up NFTs perfectly 😂
Here's the thing about gold. In 1920 you could get to a top level tailor and have a suit made for $20 or 1oz of gold. In 2024 you can't get anything for $20 but you can still buy a top of the range suit for 1 oz of gold.😊
Gold is the same as any other form of money .. when out invest in gold it’s no different then investing in crypto .. they tell you it’s worth and you play
You're right. Many ppl don't get that keeping money is not just a risk, it's a garantee to loose value over time. It's not gold that goes up, it's fiat money that goes down. Printing more dollars means every dollar is worth less (same with new stocks).
A older Gentleman told me 1 oz. of gold will buy a nice suit, fine dinner, and a fine hotel room. Now ( 1994 I was in high school ) or 1776. Should've listened!
Real money has nothing to do with a paper note.
@ what’s real money
Unfortunately, not all of us were financially literate early. I was 35 when I finally educated myself and started taking steps. I went from $176,000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and over $1000,000 net worth. I know that doesn't SOUND like a lot, but I'm incredibly proud of it. Now I'm fast-tracking my wealth building (investing $400,000 annually) and don't owe a dime to anyone. It's a good feeling!
As a beginner what do i need to do? How can i invest, on which platform? If you know any please share. i am retired from washington dc
The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional i am grateful to Michelle sule
Working with her has been a game-changer for my financial well-being. Her ability to simplify complex financial concepts and provide tailored solutions is commendable. Francine passion for her work shines through, making the financial planning process not only effective but also enjoyable..
I have been following CRYPTO MARKET movement for long now and i have bought about $2500 worth of XRP, $1200 worth of BNB, $4000 worth of SHIBA INU and about $2300 worth of ETH in the last year, but i need to start trading because if there is a dip in the market ,it affects my holdings.
that's nice She makes you that much!! please is there a way to reach her services, I work 3 jobs and trying to pay off my debts for a while now!! Please help me.
I'm investing in myself. I have scrimpted, saved and purchased raw Alaskan land. I got a driveway cut in, built a modest home, and am saving for a 4wdr pickup. I will build a barn next. I will be investing in livestock.
Out of curiosity where did you buy in Alaska I have friends in Palmer.
Smart.
The difference between gold and other "assets" is that it is being horded by central banks and the BRICK countries for backing their currencies. It may go up substantially in monetary terms but in monetary terms only, it's purchasing power remains the same, it is returning to it's original purpose of preserving wealth and of being real money.
Nolan, frequently conflate value and price, particularly when discussing gold priced in dollars. It's important to understand that the dollar should be valued in terms of gold, not the other way around. Until you grasp this fundamental concept and realize that the dollar is merely a substitute, I suggest refraining from discussing topics you don't fully understand. Consider taking a more in-depth course instead of just 15 minutes a day! 😂
@@KoDeMondo Spot on !
BRICS*
I'm nearly 50. I can't remember a time where people weren't complaining about the economy or "these hard times". It's always right now.
What I know for sure, is that here in Florida, the average person is unable to afford buying and maintaining a home, and rent is equally outrageously expensive. Healthy groceries are increasingly unaffordable, as well.
When I started buying silver it was $3 an ounce, now it is 10x that. When I started buying gold it was $300 an ounce. I think it was a great way to secure my money and grow it while having minimal counter party risk.
Well played 🎉🎉🎉🎉
Very smart guy. I just found out average house is 700k in Canada. Thats 7kg gold. If you or anyone saved 50 gram per year which is very reasonable for 16 years you could own a house without mortgage. In 2008 1 kg gold was 25k Canadian.
Just imagine if you had been smart enough to buy Bitcoin.
So how does that work? Does a big truck pull up into your driveway and you put all your bars of gold in your safe somewhere safe? Seems like it would be much easier to just buy bitcoin. I think bitcoin is the new gold, especially for the younger generation.
Yes, but now we have a better technology. It's called Bitcoin, a decetralized protocol.
With the Fed cutting interest rates by 50 bps, what do you think will happen to the stock market? My portfolio has performed exceptionally well this year, but I am concerned about the possibility of a market crash and losing my gains though but, it's all on a brighter and splurging side for Gold, should I look that way?
Gold and Silver are often seen as a safe-haven asset that can protect against inflation and economic uncertainty. But like any investment, it carries risks. To determine if gold is the right investment option for you, an investment advisor can help you weigh the potential benefits and risks of investing in gold. They can also help you create a well-diversified portfolio that includes gold as part of a broader investment strategy. An investment advisor can help you decide how much of your portfolio should be allocated to gold and select other investments that can complement your gold holdings.
Investing in gold is a reliable choice, and I plan to keep buying more to make up for my losses. While silver is also a good investment, my collectibles are not as similar. It's important to have clear investment goals and educate yourself on the type of investment that interests you. I work with a financial consultant regulated by the SEC, and started small, but eventually accumulated over $800,000.
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 ‘’Marisa Michelle Litwinsky’’ for about two years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
Marisa has the appearance of being a great authority in her profession. I looked her up online and found her website, which I reviewed and went through to learn more about her credentials, academic background, and employment. She has a fiduciary duty to protect my best interests. I sent her an email outlining my objectives and also booked a session with her; thanks for sharing.
Good luck timing the market. If your assets reach a preset goal, sell.
Never bought bitcoin or gold and never bought gamestop. But I did buy apple in 2008, I did buy tesla in 2020, and I did buy Nvidia in 2022. Went all in. And its worked out amazing so far.
Markets look like 2015-16. Probably going back to all time highs, but will probably go sideways until fed signals rate cut, Recently sold 25% of my $285k portfolio comprising of plummeting stocks that were recommended by certain financial UA-camrs, quite devastating!
not their fault, the stock market seems to be more of a casino for gamblers now than a place for investors. even if you were averaging down on ailing companies, its your duty to properly research, buying the dip does not guarantee a rebound
The issue is most people have the “I will do it myself mentality” but not skilled enough. Ideally, advisors are perfect reps for investing jobs and at first-hand experience, my portfolio has yielded over 350%, since covid-outbreak to date, summing up nearly $1m.
Wow, that's interesting . I've recently been exploring the option of working with an FA too. Any chance you could recommend who you work with?
I've shuffled through investment coaches and yes, they can be positively impactful to an individual's portfolio, but do your due diligence to find a coach with grit, one that withstood the 08' crash. For me, Vivian Jean Wilhelm turned out to be better and smarter than all the advisors I ever worked with till date, I’ve never met anyone with as much conviction.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
I own 70% gold and 30% silver by value in the physical. My plan is to ride the gold:silver ratio until it reaches 50. Then I will slowly convert my silver to gold. I will then wait until the real estate market is sufficiently crashed which normally occurs 2-3 years after the financial crash. I will then convert my gold to land and finally be done with this clown world. I have plenty of dry powder to cover my expenses and living cost so there will be zero pressure on selling my metals.
Sounds like a plan but this time around, I believe 50:1 silver to gold is far too conservative. 7:1 is how it's pulled out of the ground. 15:1 is a ratio being met several times so I wouldn't be interested until at least 25:1 or even 20:1.
Edit: It would also depend on the housing market at that time.
Plan is good in theory but waiting for a gold silver ratio of 7:1 or even 20:1 I think is a pipe dream. I had to sell 3,600 ounces of silver and 130 ounces of gold when I decided to move out of the country. Portability of silver was a problem because of weight. I was able to take 180 ounces of gold and 150 ounces of silver with me undetected. Since I didn’t know anyone in the country, I felt it better to bring my metals in discretely. As Mike Tyson said “Everyone has a plan until they get punched in the face” therefore have a plan B.
I have never seen a gold bubble….
You and every other stacker. The ratio windows will be open for about 30 seconds. The GSR makes about as much sense as oranges to oreos.
morally, bad for the environment though - couldn't do that.
I think investors should always put their cash to work, especially In 2025, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks next year. Hope to make millions this 2025.
Invest in S&P 500 ETF, for as long as possible. Do it as often as you can. Try not to withdraw this money and let compounding do its work. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfoIlo allocation
Finding financial advisors like Viviana Marisa Coelho who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Good luck!!
That was a Real Estate bubble. This is an EVERYTHING bubble.
Gold is the only real money, everything else is debt. Gold is going up because then smart-money is getting out of debt-base-bubble-wealth.
Gold and silver were put here by God. He did not put fiat currency here. He did put real estate here, He didn’t put stocks here. I own real estate debt free and gold, so I sleep well at night.
😂😂Nolan no comment here ??? Sorry buddy but Nolan is is a bit confused and frequently conflate value and price, particularly when discussing gold priced in dollars. It's important to understand that the dollar should be valued in terms of gold, not the other way around.
Until you grasp this fundamental concept and realize that the dollar is merely a substitute, I suggest refraining from discussing topics you don't fully understand. Consider taking a more in-depth course instead of just 15 minutes a day! 😂
@@jefflynch3946 gold is useless, you can't eat it.
Guns and a farm > lolgold
@@cr4yv3ndon’t eat your gun man. Talk to someone.
@@Slapnfish i can farm for food. Want some salt on your gold? Might go down easier
gold is going up because central banks and governments are buying it. I don't hear anyone talk about gold and silver. consumer sentiment is bad and so is the economy. what is going on is that we are at the end of a global debt based monetary system. gold could restest 2000 in a selloff but long term the trend is higher. I don't see it going below 2000 with the world drowning in debt.
Right. Interest rates can not go up because no one can afford the interests. So inflation will remain high. So gold is a good purchase now.
And even if there is going to be an honest recession there's nothing steady to invest so gold will became an excellent investment.
Two years ago I put some money in gold. The current events are one year later than I expected but it's doing very well.
Unless they find a load of gold in space... Quite possible.
@@ForkCandle123 space? 😂 whahahahaha
@drknez13 are you some kind of fool? Perhaps I can introduce you to Mister T.
Ya ever wonder why banks and countries are stocking up on gold by the tonnage?
The FED first rate cut in 4 years of September 2007 was 50 basis points. Sounds familiar? 😲 Thanks Nolan! 👍
Boom!
Rate reduction is a sign of upcoming recession.
Having been concerned about finances throughout my entire adulthood, it's captivating to observe this video and realize that one can achieve alot if goals are set right. Experiencing the freedom of not being preoccupied with the financial concerns that consumed me for numerous years is truly liberating. I suppose this is the result of putting in diligent effort for the future.
Remarkable observations! Handling and staying abreast of things can be quite daunting for newcomers like myself. Are you a seasoned investor, or do you employ a methodical approach to staying well-informed?
Since the inception of my business, I've maintained contact with a financial advisor. In the current cultural landscape, the difficulty lies in discerning the opportune moments to buy or sell when dealing with trending stocks. This process, while seemingly straightforward, is effectively managed by my advisor, who handles entry and exit orders for my portfolio. Over the span of just a little over a year, my portfolio has seen substantial growth, exceeding $750k.
Mind if I ask you to recommend this particular coach you using their service?
Stacy Lynn Staples is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance.
Needed this, thank you!
Great video! I really have a question. For someone with less than $5,000 to invest, how would you recommend we enter the crypto market? I am looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What's your take on this approach?
My advice: for newbies to grow financially this year, invest. Saving is good, but investing elevates your finances. Why newbie make huge losses on trade is because investing without proper guidance can lead to mistakes and losses. that will stop you from trading, this has been one of the biggest problem to new traders, I've learned this from my own experience.
I agreed, investing without proper guidance can lead to mistakes and losses. last year. I did so many mistakes but also learned so much from it, If you're new to investing or don't have much time, it's best to get advice from an expert.
Nice. those who work with expert typically earn more than those who go it alone.
Wow! who is this expert guiding you? As a beginner what do I need to do? How can I start, If you know any please share.
As a beginner, it's essential for you to have a mentor to keep you accountable. Myself, I'm guided by Daniel Adams Bailey. for years and highly recommend him I focus on him. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
How can we protect ourselves from the anticipated financial reset in 2024? What are the best strategies to make our portfolios resilient against this potential reset? I'm particularly concerned about my $110k stock portfolio.
Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions.
Yes true, I learnt that in 2020, when I lost almost everything. But I switched to using a financial advisor and I've been gaining at least 25-30k every quarter so I’ve been sticking to investing via an Advis0r.
Agreed! this is why I work with one. My $520k portfolio is well-matched for every market season yielding 85% rise from early last year to date. I and my advsor are working on more figures for this year. IMO, financial advisors are the most sought-after professionals after doctors.
I could really use the expertise of this advsors
I've experimented with a few over the past years, but I've stuck with the popularly Carol Vivian Constable for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
Thank u so much for making this video & sharing your insights. God bless every1.
The repeal of the Glass-Steagall Act in 1999 was a significant cause of the 2007-2008 financial crisis. The repeal allowed banks to engage in activities that were previously prohibited, such as investment banking and insurance, which contributed to the growth of the largest banks
Yup, Republicans pushed Willie to do it.
It was a quid pro quo for not removing him after he'd been impeached.
@@QBRX interesting, is there evidence to support this. I thought the Clinton's neo liberal worldview was just aligned with Wall Street sociopathy
We’re in a silent recession. Thanks for sharing
I think Nixon's 'silent majority' agrees. ;)
The Fed's household surveys show recession too.
More like depression and soon to be currency crisis, which America has not had to face in the history of the Federal reserve.
thank you for the sage advice Mark Walberg
I dont even know where the stock market is headed to right now. my portfolio of around 200k is not increasing more than 5% and people are predicting a crash .
i'd advise you redistribute assets in your portfolio with the help of a pro so you don't get burnt in the market
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
How can I reach this advisers of yours? because I'm seeking for a more effective investment approach on my savings?
My CFA Julianne Iwersen-Niemann 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..
Thank you for saving me hours of back and forth investigation into the markets... I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.
The three things you can use as payment everywhere at any time is, Cash, Gold and Drugs. When the digital system breaks down as it will at once during a war. You are stuck with your plastic cards and no money
This was a great explanation on the risks of speculation - seems like many institutions would not bet on these cycles, but rely on them - I wonder what the motivation for regulatory bodies to, let's say, "ensure the public understands the potential risks of speculative investment", when there is not actually an effort to prevent economic bubbles.
I would politely suggest that you familiarise yourself with the difference between price and value. They are not the same thing and are not interchangeable.
It doesn't matter where I look, it's everywhere.
What is everywhere?
People LIVING well outside their means. BIG HOUSES. BIG PROPERTIES.
These people will then Rack Up their Credit Cards, and they use the New Found Equity to buy, Buy, BUY. Boats, Trucks, Cars, Toys, etc etc
You CAN NOT predict the future of markets by looking at a line graph of historical data. People have been predicting a recession since Jan 2021.
America has to have a boom bust cycle since the beginning of. I realized this reading a book most have no idea exists, The Half has Never been told. Don’t run away because of the title there are a lot of financial jewels in there.
And we held it off, thanks to Biden.
@ that’s correct! A confluence of things led to world wide inflation, thankfully the US handled it well. Simultaneously you can also say the working class is getting crushed by inflation while the business class is reaping the rewards.
@rabidsamfan just redefine the word recession and poof you no longer get them. Amazing leadership!
@@harsectinallmao what?
If you are savvy enough you buy any asset at its low point houses stock market precious metals but most people buy when assets are at a peck and will soon roll over
100%
peak
@@NolanMatthiasyou only reply to comments that fit your delusional narrative. To funny. You actually bring up tulips. Go back to lala land Dave ramsey.
How can I protect my stock portfolio of around 800K? I don't want to get burnt out. Will the rate cut lead to inflation? I'm very worried about my portfolio losing value. Do i move to 100% cash? I just have a ton of questions.
This is the what people that handle their portfolio themselves go through. I will advice you get yourself some fiduciary advisor to help you redistribute assets in your portfolio to match every market season.
I've been through the 'bonds are beating stocks' periods since the 90s with no bonds and with all aggressive stock mutual funds.
At 66, my IRA and cash accounts are far more than I expected for my retirement. I can easily handle a worst-case 80% stock crash, Thanks to my advisor.
Oh I've heard similar things about hiring an advisor. It's hard to choose one that's very good though. Could you make some useful recommendations?
Her name is *Marissa Lynn Babula* Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Searched the web and saw her profile and accreditations, someone with great experience I must say, thanks!
Good information!
When you follow the crowd you have no options you just go where everyone else does.
Exactly
Sheep, bha , bha, bha, bhaaaaa!!!
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. A trader made over $350k in this recession influenced market.
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
I require suggestions on how to restore my portfolio and create more effective strategies in light of the huge declines. Where can I locate this instructor?
Jessica Lee Horst is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
I am going to look her up, I have about $81k i want to start with, might be small but it's better than nothing though. Since the 08 crash is playing out again.
Great video Nolan! Were you a financial analyst? Good insight here
This is probably why Charlie Chaplin pulled out of his investments before the crash of 1929. Perhaps he saw that too much was being put into certain stocks and decided it was too good to be true.
And the stripper scene in The Big Short is what made me better understand what happened preceding the 2008 crisis. I applied this mentality when when considering store credit cards, cashiers try ro prompt you with at checkout. I definitely considered it when I purchased my latest car. I won't accept introductory teaser rates or discounts, only to be stuck with a higher APR later on, if I cannot refinance. Car dealerships will check your credit, without your consent, if you don't catch them upfront. Always avoid using dealership financing. They will try to even if you can get a better deal from your own bank or credit union.
Always avoid using dealership financing.
ALWAYS is a totality word.
0% interest at the Dealer?
If you're at a dealership purchasing a new car...you're purchasing a depreciating asset. And funding it through borrowing???
We need to ignore 2008.. it was a sun shower... this is a typhoon. Hold onto your hats.
More like 2008 was a calm breeze and this thing will be an F5 in Kansas and no one has a fortified basement.
@@phoenixrising4995 sure.. lol. All works..
Fraud is generally a key component of a bubble. As mania kicks in, people's concerns over fraud lessen as the perceived risk diminishes. Over time, bad actors crowd out those foolish enough to follow the rules and the market becomes dominated by fraud. This was the case with the 2000s subprime bubble and the 1980s savings and loan bubble. It's the same case now, too.
Cashed in my chips today, feel good about my decision. Went to 80% cash. You have to ask yourself how much more upside is left 5-10%? Nobody knows I miss another 10% no big deal, I’ve lived through this twice before and it smells just like 1999 and 2007. We are talking about trillion dollar market cap companies like a trillion is nothing. Yeah I think when companies are worth more than countries it must make you go hmmm.. good luck to all.
Are you not concerned about bank bail ins?
@@TheBigHouse53 that’s why I am sitting out..
Doesn’t cash loose value? This method might work if you are older and retired but for those who are younger saving cash doesn’t seem like a good idea
Cash is the worst place. Needs to be in a tangible asset.like land or gold.
Not sitting in cash forever. Just waiting on some deep discounted assets..
I have always been frugal. I never have gotten anything i didnt have money for except a house now paid for. Trying to save $for my kids, who will have a hard time getting houses , as the rich get richer and the middle class disappears
The rising interest rate can surely control inflation, but won't prevent erosion of the eroding purchasing power of the US dollar. I have learnt my lesson this time. The banks can't be making money off my money, while inflation eats into it. I have set aside 650k to invest in the stock market now, since that keeps up with inflation, but I don't know how to get started.
Financial
That makes sense. Unlike us, you seem to have the market figured out. Who is your fiduciary?
Zachery M Demers is the licensed FA I work with, I can't speak much about him you should make a search with his name, you'd find the necessary details to schedule an appointment.
The dumbest way may be the best: invest a little bit (maybe 5% of your ready cash) each month or quarter in an S&P500 index fund. If the market goes up, good for you. If the market is sliding, you're buying the fund "on a 20%-off sale".
you’re not hopping that someone will buy it down the road, you’re hopping they take it as payment.
Bitcoin isn’t for sale lol
Listening to this as a Nigerian in Nigeria
No signs? The longest inverted yield curve since the Great Depression? Credit card debt at an all time high? Banks going bust? 35 trillion in debt and counting? Recessions are healthy cause they weed out risky money. But we bailed out those people and then tripled the debt. The fact that you said 80 years for another crisis is insane and discredits everything else you say
Auto repo, medical debt, food prices, wars and rumors of wars.
The fact that there is already an excessive amount of demand awaiting its absorption, despite how everyone is frightened and calling the crash, is another reason why it is less likely to occur that way. 2008 saw no one, at least not the broad public, making this forecast, as I'll explain below. The ownership rate was noted to have peaked in 2004 in the other comment. Having previously peaked in the second quarter of 2020, we are currently at the median level. Between 2008 and 2012, it dropped by 3%, and by the second quarter of 2020, it had dropped from 68 to 65.
Investing in both real estate and stocks can be prudent choices, particularly when backed by a robust trading strategy that can navigate you through prosperous periods.
You're not doing anything wrong; the problem is that you don't have the knowledge needed to succeed in a challenging market. Only highly qualified professionals who had to experience the 2008 financial crisis could hope to earn a high salary in these challenging conditions.
Recently, I've been considering the possibility of speaking with consultants. I need guidance because I'm an adult, but I'm not sure if their services would be all that helpful.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Aileen Gertrude Tippy’’ for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
Good video Nolan! 👍🏼
*Excellent analysis, I have never seen an analysis as well structured as yours. Look, I have been investing in Bitcoin ETFs and other dividend income since 2020, I have a total of 734 thousand dollars, with my 83 thousand I am very grateful for all the knowledge and information you have given me.*
6 months, $17k invested and almost there too!!
Next year, I'll reach $185k.
I'm 37 and have been looking for ways to be successful, please how???
Sure, the investment-advisor that guides me is.. Mary Elizabeth
How did you do this please? I am new to investing in cryptocurrencies, can you please guide me on how to do this?
It is advisable to seek professional guidance when creating a solid financial portfolio due to its complexity.
I would say there is one exception here--Canadian real estate. Yes, houses here are seen as assets to trade, like commodities. People 'invest' in this market, much like Americans invest in stocks. But the reality of housing also being an absolute necessity to sustain life, will keep this 'asset class' skyrocketing, coupled with the feds decision to flood that 'market' with an ungodly amount of immigrants, thus keeping up insane demand, no matter the economy, or affordability. Indeed, the universe itself will intercede to guarantee artificially inflated Canadian housing/rental prices--FOREVER.
The borrowing greater than the value counting on it going up - (125%) was also contributing to the 2008 crisis. When my husband and I heard those ads, we freaked out and knew trouble was coming.
I’m not a huge person in student debt relief but listening to this does put me on guard for a potential crash from that due to lack of income to pay the huge loans back
We live in a wage slave society where money is the only thing that matters and people will do ANYTHING to get it.
Much appreciation for sharing your insight and wisdom
Tired of the "recession is coming!" threat. Recessive periods come along with equivalent market opportunities if you are well informed and equipped, I've seen folks amass wealth in the midst of economic turmoil and even pull it off easily in favourable conditions. Invariably, the collapse is getting somebody somewhere rich
i agree with you and safest approach i feel to go about it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Sonya Lee Mitchell is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
she actually appears to be well-read and educated. I just did a Google search for her name and found her webpage, I appreciate you sharing
Quality content - thanks for sharing!
Wrong! I’ve been buying gold since 2013! They rise slowly but never dropped. They rise slowly then increased overnight but never dropped or dropped significantly. Especially during this inflation time, gold continue to rise while dollar continuously loosing its value.
What if you had been buying Bitcoin since 2013? Lmfao
@@LibertyJusticeforALL-ii3nm your off topic! My husband plays bit coin! I didn’t believe in it. I just started bitcoin 2 years ago, and just bought xrp last year. I diversified! I own 2 houses
This lame watches too much Dave Ramsey vid e os her a jock rider
Gold doesn't go up though, it just retains its value in relation to the currency it's valued in.
Gold price went down a lot in the mid 90s before it went back up again.
When driving by looking in the rear view mirror remember you don't know where you are going only where you have been.
Agreed
We had hard times from 1870s up and down until 1929. Seventy years of depression. What we are experiencing now started in the early 1970s and we’re staring right down both barrels at another world depression as 1929
Gold is not anywhere near close to topping out. Has a long ways to go!!!
As the currency goes to crap the price of gold can have many multiples of zeros behind it priced in that currency.
I am sure what this guy is thinking. He does not talk about government deficit spending by governments around the world. Currency debasement is on going issue.
Love the video, and your very relaxed style. I'd like to make a few points: (1) When you talk about gold, check out the correlation with interest rates. (2) The great depression was not caused by the stock market crash. 2 months after the crash in Dec 1929, unemployment peaked at 9%. 9 months later it had dropped to 6.5%. At that point Hoover instituted the Smoot-Hawley tarrifs despite a letter against this policy by 1,000 leading economists. Within 5 months, unemployment hit 10%, and didn't fall below double figures until WW2. The Fed failed by allowing money supply to reduce by aroundn 1/3. What we are seeing now is the result of the 2008 intervention. (3) Not all speculation is bad. It often removes specific risks from one individual to be used by someone else spreading their risk e.g. commodities speculators are good for small farmers in the long run. insurance companies are based on this.
Gold prices are being driven by central bank purchases, not individual buyers.
Bitcoin is absolutely digital tulips.
And the douchebags gambling on crypto want Trump to force the US Treasury to buy it too.
At least Tulips _are something you can look out your window and see every Spring_ BTC is more like a Ponzi Scheme. No explosion of color, just a dead dream. _lmao_
Thank you for sharing. Financial education is crucial today to show incredible resilience and discipline in the volatile market, masterfully balancing strategy and insight for success. This dedication to continuous learning is inspiring...managed to grow a nest egg of around 2.1BTC to a decent 11B TC in the space of a few weeks... I'm especially grateful to Milton Harper, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape..
He mostly interacts on Telegrams, using the user-name,
@MiltonHarper
Thanks for keeping it light and real at the same time. Much needed for us traders in times like these!
Productivity is never accidental; it is always the result of careful planning, dedication, and consistency.
Best signal provider in the market. Knowledgeable, level headed no loss like some other traders who recently jumped on the bandwagon.
Explicitly comprehensive. You are so calm and gentle in breaking down your messages. Big thanks.
It was a very bad decision to remove the Glass-Steagall Act in the late 1990s, which led to the spectacular failure of huge banks during the financial crisis of 2007-2008. To prevent another disaster, Dodd-Frank and this statute both need to be reestablished right away. What happened with SVB is only the beginning of what will happen if nothing is done to address the current situation.
I believe SVB was making an effort to reorganize their bond portfolio. Yes, they would lose money if they sold their low-yielding bonds. But, they were trying to make up for it by repurchasing bonds on the open market at the higher interest rate.
Very true, a huge part of my portfolio growth has come during this bear market. I've been able to scale from $180K to $572K in a short period of time. I basically was just following the steps and guideline from my financial advisor. as long as you've professional help, you're good to go
Would you mind telling me how to contact this specific coach using their service? Unlike the rest of us, it appears you have figured everything out.
My trustworthy advisor, Stacy Lynn Staples, works for a fee only. She actually offers free consultations and always has the interests of her clients at heart. She and I have been colleagues ever since I turned 40. She is a busy woman, but if you can catch her attention, she might be able to help.
Simply by pasting Stacy’s full name into my browser, her website immediately displayed. You've spared me from doing a lot of tedious research, so thank you.
The rising value of things like Bitcoin scares me... someone just made up a term one day (bitcoin) and somehow that made-up thing is now far more valuable than many many US dollars.
B has some value such as: hiding money, making illegal transactions. Therefore there is some underlying value to its holders, but clearly not a real alternative currency.
You’re staring at shadows in the cave.
You gotta love the wording. Melt down bubble lol. Don't spend more then you earn. Have a good night
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, thanks Brooke Grace Miller
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.
I'm surprised that you just mentioned and recommended Brooke Miller, I met her at a conference in 2018 and we have been working together ever since.
I'm new at this, please how can I reach her?
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills