We’ve been in a recession. We’re about to go into a depression. You’ll see very soon, they have tried to hide the truth and their lie will be exposed very soon
I think we are too obsessed about the economy crashing. In the right sense, the economy never crashes. It just undergoes cycles, and almost always recovers. So I really don't care what the predictions are. I just want to grow my portfolio. I read that people are pulling in massive profits despite the downturn. Any tips on how they do it?
The market will always recover. The goal is to find quality stocks with long term potential. It's hard for the average Joe to do this, because it involves following a lot of industry news, following up with earnings, etc. It's easier to invest through an advisor who knows how stuff works, and make rocket returns.
Investing in quality stocks with long-term potential is a good strategy, but it can be challenging for the average person to do this on their own. Keeping up with industry news and earnings can be time-consuming and difficult. That's why it's easier to work with an advisor who can help you make informed decisions and potentially achieve high returns.
Sharon Ann Meny...I chose to get in touch with her after first seeing her on a CNBC news piece on clever advisors. The best choice I could have taken to survive in 2020.
I greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look her up and send her a message. You've truly motivated me. God's blessings on you.
Unemployment is an odd concept in an economy where for so many folks it’s necessary to work multiple jobs just to get by. Loose one and you’re counted as employed but suddenly don’t have enough money to live.
The economy is grappling with uncertainties, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
Things are strange right now. The US dollar is becoming less valuable because of inflation, but it's getting stronger compared to other currencies and things like gold and property. People are turning to the dollar because they think it's safer. I'm worried about my retirement savings of about $420,000 losing value because of high inflation. Where else can we keep our money?
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.
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
Finding financial advisors like Melissa Terri Swayne 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.
Honestly, this concerns me and has left me uneasy. Especially this potential depression, no more a recession. I'm unsure about my $130K account strategy, considering the uncertainty of this whole recession mostly.
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.
But don't forget about growth potential. You'll want to balance safety with opportunities for higher returns, maybe through a mix of stocks and real estate
Stability is a result of our economy's struggles with uncertainty, housing issues, foreclosures, global volatility, and the pandemic's consequences. To restore stability and promote growth, all sectors must respond quickly to concerns about growing inflation, slow growth, and trade disruptions.
Consider hiring financial advisors, estate planners or tax experts. They can provide specialized knowledge and help you navigate complex financial decisions.
Having an investment advisor is currently the best way to approach the stock market. I was going alone, but it wasn't working. I've been working with an advisor for a while now, and last year, I achieved over 85% capital growth minus dividends
I'm cautious about giving specific recommendations since everyone's situation varies, but l've worked with " Sharon Marissa Wolfe” for years and highly recommend her See if she meets your criteria.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Sharon Marissa Wolfe for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
The market's direction can swiftly change, with indexes frequently transitioning from a bear market to a bull market precisely when the news is most negative and investor sentiment reaches its lowest point. It's tricky during election years.
the average person finds it difficult outperforming the market on a day-to-day basis. In actuality, most people who have the necessary abilities are advisors with experience since the '08 crash and beyond
Agreed, I once downplayed the role of financial experts until suffering 40% portfolio loss amid 2020 lockdown, at once I consulted a pro and my portfolio was revamped thankfully. As of today, I'm just about 10% shy of my $1m goal after 100s of thousands invested.
’Aileen Gertrude Tippy” is the licensed advisor I use. Just google the name and you’d find necessary details. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
such an eye-opener! cant wait to experience financial advisory at first hand... curiously inputted Aileen Gertrude Tippy” on the web and at once spotted her consulting page, she seems highly professional from her resumé
The economy is grappling with uncertainties, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
Things are strange right now. The US dollar is becoming less valuable because of inflation, but it's getting stronger compared to other currencies and things like gold and property. People are turning to the dollar because they think it's safer. I'm worried about my retirement savings of about $420,000 losing value because of high inflation. Where else can we keep our money?
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
Recently, I have been exploring the possibility of consulting with advisors. As a mature individual, I am in need of guidance, but I am curious to know how truly impactful their services can be?
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Sharon Marissa Wolfe for the last five years or so, and her returns have been pretty much amazing.
So how exactly can we guard against the coming financial reset for 2024? 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.
Vivian Jean Wilhelm is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thank you for the information. I conducted my own research and your advisor appears to be highly skilled and knowledgeable. I've sent her an email and arranged a phone call. Her expertise is impressive, and I'm eagerly anticipating our conversation.
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 .
Accurate asset allocation is crucial, I used hedging strategies to allocate part of my portfOlio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay finan-cially secure for over five years, yielding nearly $1 million in returns on invest-ments.
Recessions are part of the economic cycle, all you can do is make sure you're prepared and plan accordingly. I graduated into a recession (2009). My 1st job after college was aerial acrobat on cruise ships. Today I'm a VP at a global company, own 3 rental properties, invest in stocks and biz, built my own business, and have my net worth increase by $500k in the last 4 years.
Let's face it... buying more stocks & index funds during stock market corrections and bear markets is scary. Which makes it really hard to do for most people like me. I have 260k i want to transfer into an s&p but its hard to bite the bullet and do it..
I wholeheartedly concur; I'm 60 years old, just retired, and have about $1,250,000 in non-retirement assets. Compared to the whole value of my portfolio during the last three years, I have no debt and a very little amount of money in retirement accounts. To be completely honest, the information provided by invt-advisors can only be ignored but not neglected. Simply undertake research to choose a trustworthy one.
Transfer of wealth usually occur during inflation and market crash at times like this. So for me,this is time for aggressive investment. The more stocks drop, the more I buy. I'm just focused on making better investments and earning more as recession fear increases.
Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.
Many people minimise the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm solvent. I looked for licenced advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
Svetlana Sarkisian Chowdhury a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
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.
I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!
One strategy for protecting against a recession is to buy equities. Investors, especially during a recession, need to know where and how to put money in order to make money while avoiding inflation.
It has never been easier to understand how to build your money than it is right now, when you may study and experience a completely variegated market passively by employing a successful portfolio-advisor. The impacts of the U.S. dollar's gain or fall on investtments, in my opinion, are complex.
Working with a Financial Advisor to help guide you on your wealth-building journey if you're just starting out is a wonderful way to get started and thats how i was able to accrued good gains . They helps to manage investment overall risk profile , prevent permanent loss of capital consider maintaining a broad diversification of your investments that reflects your personal risk tolerance, time horizon, and the nature of your financial goal
Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
Transfer of wealth usually occur during market crash, so the more stocks drop, the more I buy, in the meanwhile I'm just focused on making better investments and earning more as recession fear increases, apparently there are strategies to 3x gains in this present market cos I read of someone that pulled a profit of $350k within 6months, and it would really help if you could make a video covering these strategies.
It’s precisely at times like these that investors need to be on guard against the next certainty. You don’t have to act on every forecast, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.
I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accrued over $2m with the help of my advisor from an initial $350k investment.
Lucinda Margaret Crist is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
The system is failing as a result of both government and federal policy. In the next days, the banking crisis would have to be epic and gigantic for the FED to decide not to raise interest rates. This won't happen; an increase and a crash are coming. There will be more negative portfolios this 2nd half of 2024 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
Just ''buy the dip''. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder.
Very true, you can be passively involved in the markets and still amass wealth-gains using an investment advisor. I first dabbled in stocks late 2019, just before the pandemic, and that same year gained over 150% with no prior investing experience, basically all I was doing was following directions of my advisor. We are working on a retirement ballpark of $3m and I’m certain my goal isn’t farfetched after subsequent investments and tremendous returns so far.
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
Thank you for your honesty and transparency. It's refreshing to see someone acknowledging the harsh reality of rising prices, which are leaving many of us feeling battered and bruised.While I'm grateful to be in a position to absorb these costs, my heart goes out to those who are struggling to make ends meet and can't afford their basic necessities. made $38k from my little invested $11k regardless of how bad it gets on the economy.
I was part of the recent layoffs at twitter and this bites hard. Grateful that I kept some savings about 600k tho! Now I am looking for ways to invest this into the stock market to generate good dividends to supplement for my monthly expenses.
you need a certified financial planner straight up! personally, I invest in ETF's and also love investing in individual stocks. yes it’s riskier but am comfortable in my financial environment
Agreed, After taking charge of my portfolio in early 2017, i stumbled into losses. Upon realizing that a change was necessary, I consulted a fiduciary advisor in 2020 and since then my $1.2m portfolio has gained 28% annually through restructuring and diversification using dividend equities, ETFs, mutual funds, and REITs.
great gains there! mind sharing details of your advisor pleas? i've started gaining more cash flow with my employment and looking at putting money into stocks and alternative assets that can help build wealth over time
'Sharon Ann Meny' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
I'm no longer confident in my investment strategy due to the impending recession. I aim to reallocate my 450K portfolio. What's the most effective strategy to do it right?
Considering diversification is excellent. Now might be a good time to consult a financial advis0r for expert advice and seize opportunities in this volatile mark
Accurate asset allocation is crucial, I used hedging strategies to allocate part of my portfOlio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay finan-cially secure for over five years, yielding nearly $1 million in returns on investments.
Let's be very clear about one thing. The "market" has been massively wrong on what the Fed should do with the funds rate for at least 2.5 years now. In early 2022 before the Fed even started hiking, the market was already forecasting rate cuts to happen by end of 2022. The market at the start of 2024 had 7 rate cuts for 2024. Laughable to suggest the Fed is the one that has been getting this wrong. It has proven out that they were right to start hiking in early 2022, aggressively ramp up that funds rate, and then keep it at the terminal rate until now. Also, the Fed on numerous occasions has stated that a recession will likely occur as a result of this hiking cycle. The market consensus has been no or soft landing, which is another thing they will be massively wrong on...........I've been engaged in active trading and managed to grow a nest egg of around 140k to a decent 539k....I'm especially grateful to Adriana Jensen whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
Adriana.goes deeper than just looking at surface-level trends.. she explores technical, fundamental, and sentiment analysis, offering a comprehensive perspective on the market..
The key to financial stability is having the right investment suggestions for a diverse portfolio. Many investment failures and losses happen when you invest without proper guidance.
I need a way to draw up a plan to set up for retirement while still earning passive income to meet my day to day need and also get charged lesser taxes even while in a higher tax bracket. i want to invest around $250K savings.
Diversify your holdings across several asset types to reduce risk rather than putting all of your eggs in one basket. If you don't know a lot about finances, speak with a financial expert.
Accurate asset allocation is crucial with an Experts guidance. I have 850k in equity, 300K cash earning 5.25 interest, 685k in 401k, 250k cash account, 120k in car assets ( paid off cars) Gold and silver bars. age is 48. My advisor helped me realign my portfolio to my risk tolerance and it boomed overtime.
One of the best ways to prepare is to get advice from a professional. Someone like AARON MORGAN BELL, a CFA, can provide strategies tailored to weathering economic downturns.
I recognize the hardships that come with economic struggles like unemployment, job loss, inflation, housing market instability, political uncertainties, and the global impact of conflicts and wars. Making ends meet during such times can be incredibly challenging. To navigate this difficult period, considering alternative job prospects, enhancing skills through online courses, and expanding your network can heighten the chances of securing employment. Moreover, prudent budgeting, exploring available financial aid programs, and seeking assistance from community organizations can offer some relief. How are you currently tackling these challenges? Have you implemented any specific strategies to cope?
In my opinion, now is not the moment to rely on hearsay. Every individual, regardless of their level of experience as an investor OR in a financial market, requires guidance at some stage.
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
this is 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.
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with “Jessica Lee Horst” for the last five years or so, and her returns have been pretty much amazing.
With markets tumbling, inflation still high , the Fed imposing large interest-rate hike, while treasury yields are rising rapidly-which means more red ink for portfolios this quarter. How can I profit from the current volatile market, l'm still at a crossroads deciding if to liquidate my $400k bond/stock portfolio.
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. 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
Elisse Laparche Ewing is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
I read of someone that pulled a profit of $350k within 6months, and it would really help if you could make a video covering these strategies. Transfer of wealth usually occur during market crash, so the more stocks drop, the more I buy, in the meanwhile I'm just focused on making better investments and earning more as recession fear increases, apparently there are strategies to 3x gains in this present market
True, there are strategies that could be put in place for solid gains regardless of economy or market condition, but such execution are usually carried out by investment experts with experience since the 08' crash
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.
great gains there! mind sharing details of your advisor pleas? i've started gaining more cash flow with my employment and looking at putting money into stocks and alternative assets that can help build wealth over time
The recent stock market crash, losing about 1.7 trillion in just 24 hours, is a stark reminder of how volatile the market can be. It's a challenging time for many investors, but it's crucial to stay informed and make decisions based on long-term goals. This underscores the importance of having a diversified portfolio and a sound investment strategy, ideally with guidance from a financial adviser to navigate these turbulent times effectively.
The recent stock market crash, losing about 1.7 trillion in just 24 hours, can be attributed to a mix of factors such as market volatility, geopolitical tensions, regulatory changes, unexpected economic data, overvaluation of stocks, and a correction phase after a prolonged bull market.
Having experienced this recent crash firsthand, I can attest to the importance of working with a financial adviser. My adviser helped me implement a diversified strategy tailored to my long-term goals.
I found her page by searching for her entire name online. After that, I emailed her and we set up a meeting so we could talk; I'm currently waiting on her response.
We have been near the crash for more than 3 years according to Nick. Every month, he found signs of crash for 3+ years. I am a loyal watcher for 3+ years
Hw does unemployment has to do with this this why we should took our asset so serious. It took me 4 years to understand that predicting the market based on charts is not reliable; you can never truly foresee what will happen. Without a mentor, those 4 years were tough. Now, I follow the market’s trends and keep my approach simple and disciplined. These days, I make an average of $35k per week, even though I rarely trade myself.
I just started the program last month. The sessions with Dave are incredibly insightful. He's helped me understand market dynamics on a deeper level and that takes away the scare from trading to a large extent
Thanks Mate, the sad truth is that no one has a clue, we all react to what happens as it happens and try to analyse it but can’t predict an iota of what is going to unfold in the markets… content creators are like amplifiers, when times are good they affirm it and try to tell you why it’s good and that it’s looking bullish but then all of a sudden the market turns bearish and everyone affirms it again and try to analyse why… it’s so sad that many are so powerless and it's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 2.3Bitcoin to a decent 19Bitcoin in the space of a few months... I'm especially grateful to Whitney Eston, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
Stock has been falling for a while now and it might keep falling or decide to rise again. The truth is no one knows, I believe it's the right time to make purchase and also get the assistant of a professional..
This is something my one brother keeps mentioning. As we continue to have a low fertility, it’s not just Social Security that will have to see 20%+ cuts in benefits, it’s gonna be private retirement accounts and pensions. I’m sure the Fed will print up money and we will have printed up money being thrown in the stock market to prop it up, but that of course can lead to higher inflation. So maybe 2.5-3.0% inflation and 10% annual returns were normal. But potentially to keep say a 7.5% average annual return going, the average inflation rate might tick closer to 5% over the long run.
Yeah, I agree in the upcoming withdrawals. The other part is newer generations are much more educated on the "stonk casino" and I feel are less likely to contribute. I feel like the combination of withdrawals and smaller weekly/biweekly auto contributions will lead to lower average returns.
@@metallifreak100 The government will never cut benefits. They will keep increasing taxes on us to pay people who do not work (remember some of the tax you pay goes to also fund disability and other handout systems)
Bro his channel only exists as a doom tuber how is that any different He will eventually be right but he said this crap in 2021 and couldn’t have been more wrong lmao
He doesn't know jack about what is happening to Intel and it just shows that he is just bullsh!tting everyone that he understands the semi conducter market.
Yup, Intel stock is down not because ppl aren't buying their semiconductor s, it because of the overheating problems they having with their new production generation of chip, but Intel is bullshitting their consumers and saying it code. More like hardware failures yield than software problems.@@rooster1012
My daughter hasn't got a check for two weeks , the restaurant is behind on paying workers , but employees are still showing up to work thank God for her tips.
People underestimate the fact is that most job in the us are low paying , so even when unemployment rate is historic low, the consuming power is still very low, and there for the economy is relatively weak compared to before
This! Low wage jobs don’t even cover the cost of living. Anyone working them would need two to three of them just to survive. Plus they heavily rely on customers. What if it closes? Wouldn’t that cause job loss?
Somebody is paying attention, but the detractors of content creators like this telling the truth will just counter with the low paying jobs are all low skilled and those workers need more 'education' (more debt) to elevate into the better skilled jobs. All the while ignoring that even the majority of skilled jobs wages aren't even cutting it. The real CDI is in the sh*tter because discretionary spending is at an all time low. FACTS! Want more proof detractors? Even the wealthy companies within communities that are host to these skilled jobs are seeing a decline in sales.
@@haroldallaberg6359 They really haven't, and I know this because I'm someone who has deeply studied this while you're just some muppet who believes the first article you come across that makes this false claim.
I feel sorry for anyone that saved and sacrificed to get a 20% down payment on a house. Then the economy lay offs caused his bank to repossess his house. So now not only did he lose his house, but all those years of sacrifice to get that Down Payment, was wasted. So WHO makes out in this scenario!?! THE BANKS!!! Gee, this couldn’t be by design, right???
@@Jake-nq5fb You know, you make a good point about 3% rate. You both are right. The common enemy is not each other but the big boy entities behind interest rate manipulation.
I always said. Something needs to give with these housing prices. IT'S TOO EXPENSIVE!!! We need a price correction. Housing is still at covid prices at double covid rates. Something needs to give.
Invest in the financial markets before retiring by diversifying across assets, allocating a small portion of your portfolio, staying updated on market trends, and considering long-term holding to balance risk and growth.
I feel sympathy for our country, low income people are now suffering to survive yet inflation and recession keep increasing daily, many families can't even enhance the good cost of living anymore. You've helped me a lot Sir Brian! Imagine I invested $50,000 and received $190,500 after 14 days
Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian C Nelson.
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life
Thanks for continuing updates I'd rather trade the stock market as it's more profitable. I make an average of $42,500 per week even though I barely trade myself.
@@MCC1591 Somewhat agree, however you can’t say it’s unlikely given the rise in unemployment and the lackluster jobs report. Also, nationwide real estate bubble is real. Houses are sitting longer in the market this year than last year. Sellers have been dropping prices. Can’t deny that. I’d say it’s only a matter of time, but can’t say when.
Our last big downturn was in 2008-2009. There are a lot of Young Adults today that have never seen a Downturn and don't understand how it's possible. It's a normal part of the Economic Cycle that we will get through, albeit with some pain. Those who have available cash will probably find some incredible bargains. I had an opportunity in the last one to buy a Bank Owned (repo) 1 Bedroom Condo fixer upper in a really nice area for 75% off, but I didn't have the funds available. Don't be scared, Be Prepared.
You have a very narrow and short sighted view of the overall factors basing economic cycles. Real estate speculation is only one of them. However, real estate speculation was the only real contributor to the 2009 crash as I remember it. Whoever passes legislation to eliminate all real estate speculation will be known for saving this country for future generations. Then lazy untalented trustifarians like you won't be able to earn at all 😆
We have corrupt politicians in both parties who have only been worrying about filling their own pockets and the corporations who they work for. This has been going on for decades now, the only way to go is down.
Your right. Good thing Biden has been really good for the econmy so far and we arnt in line for a massive crash with him running things, or his handlers rather. I bet Kamala who couldnt get 1% in her primary is going to turn things around lol@cpataxpro
@@user-mi7nl1ds8r And you a mumpsimus and a common troll. I hhavd no time for either, and have blocked and muted you from my YT account. 🚫 Back under your bridge now.
In today's tough economy with Higher interest rates, making money while dealing with depression is a real challenge. How can we stand another four years of this.
How is the government planning to repay $35 trillion in debt? Shouldn't there be a strategic plan in place rather than allowing the debt to continue growing unchecked?
I keep telling both friends and family; Now is the perfect time to own a Tech Stock, With everything going on and seeing how the world is been run by AI and all Tech is here to stay and you don’t want to miss it
AI stocks will dominate 2024. Why I prefer NVIDIA is that they are better placed to maintain long term growth potential, and provide a platform for other AI companies. I know someone who has made more than 200% from NVIDIA.
I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about 200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost 673k
Finally, it's happening. I think after this recession or depression the scholars should study why this downturn took so long to happen because it was predicted by many to occur much sooner.
One thing is clear: Government spending!. Most of recent hiring are from gov. Spending Bills last few years took long to get to states, cities, contracts, then jobs. This is the one thing that kept this economy floating this long.
The election and government spending. In 2000 and 2008 the government spent the money but still happened before the election. May happen in September/October again
It's because they changed all the rules and definitions. Recession definition was redefined. Calculations of unemployement were changed, as were inflation and other measures of economy. Most working people know that we have been in recession for 3 years.
Yeah AMD has been the superior option for at least 5 years now and it's just getting worse. I remember only buying Intel for my PC builds, how the mighty have fallen.
FL is a revolving door. People move there for 1-2 years then move back North. It's way too overcrowded and there's more Northeners in FL than there are Floridians now.
@@mark7362 It was like that in 1990 after I graduated from high school and wanted to go play for 6 months before returning to go work PT and go to college. I remember almost everyone having a New York accent.
@@christophersmith2470 oh wow, dang, I didn't know that... in North FL it wasn't like that it in the 90's when I was growing up in the smaller towns of FL but now it's like the entire state is like Orlando, I tell people FL is more crowded than New York! I've been to New Jersey very close to Nyc and I really do think it is more overcrowded in FL
Real estate is not worth as much as it is right now nowhere close add to 2022 highs ..... Let's just say I'm sorry for people holding mortgages then 🤦🇨🇦🍀
Only replying to yours as this is just one of the top comments, but… please take this solely as entertainment. Just a few moments of fact checking and you’ll see that Nicks opinions are only just that…. opinions. For example, Intel’s stock is down because of a MASSIVE quality control problem at the moment, but silicon chip demand is still so strong as evidenced by everyone closing out their quarters on target. This is a UA-camr… not an expert. I’m getting frustrated with the way the world is just accepting whatever they are spoon fed lately and it’s making our population more foolish.
He's a fear monger that's riding the trend along with other UA-camrs about doom and gloom. He's even copying the whole walking through the neighborhood like that other clown Michael Bordenaro 😅Positive news and advice doesn't sell.
agreed, simply click bait tactics.. I do wish people would take ownership of their so call analysis.. this has been going on for years... LOL... just take a look of his past videos' headlines.. Every day a crash is coming.. Yes, a minor correction in residential real estate is over due. But, a Crash? Yes, eventually a state like Florida and part Texas which experience a correction, he will come back and I TOLD U so!.. LOL!!!
I Hit $113k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject.
Shit hits the fan every 5-7 years approximately: Dotcom bubble in 2000, Subprime bubble in 2008, Oil crash in 2015, Covid crash in 2020. So, we can expect some type of disaster in 2025 or 2026 that will probably cause the market to take a bath.
@@user-qe1qt7pk8mTwo sides of the same coin. If your potential buyers are broke, then your price is too high for their brokness. So if you really want to sell, you need to meet them where they are.
Recession are part of the economic cycle, all you do is make sure you're prepared and plan accordingly. I graduated into a recession (2009). My 1st job after college was aerial acrobat on cruise ships. Today I'm a VP at a global company, own 3 rental properties, invested in stocks and biz, built my own business, and have my net worth increased by $500k in the last 4 years,I Appreciate Laura Ferguson the lady you recommended to me..
investment has saved so many families from poverty it's has been the easiest means to save and multiply money because money left for saving ends up used without returns.
Wow. You know Laura Ferguson too? I thought I'm the only one she has helped work through the fears and falls of the forest. Her training last week was amazing and the strategy she applied were mind blown
*The Administration has putting so many families into difficult situations,My problem How can we save our families and friends from financial slavery. It's getting more scary how people are really suffering these days.*
to those who consume this content: keep in mind that every city is different and every sub-market within a city is different. major wealth is about to be made in these market conditions. the question is will it be you.
I was laid off in March by Microsoft along with 2000 other employees.. You know why? Microsoft's in-house AI replaced our jobs. Now I can't find a new job. AI is replacing my programming position across the industry
Being poorer will be a great wake up call for America. Living local. Living cheaper. We will all have better communities if we are poorer. Recession is the CURE not the problem. The cure for high prices is a crash, a cooling off, lower prices. Then we normalize. Just normal cycles.
Kamala Harris campaign speech writer over here. Yes Americans, you're all living too easy and it's time you live more 3rd world like. Here are 10 million new invaders from the actual 3rd world to show you how to live poorer and more destitute. Leave it to a Goldman to write this drek.
Nah, they likely got laid off and the company needed to save face and called it a 'firing' All companies are declining right now, it's just that the wealthy can absorb it.
How many of the recently unemployed are due to companies ending remote work? I see hundreds of comments from people losing jobs because they moved away from their job and they called them back to the office.
Everyone worked from home during the pandemic and kept things going . Then companies demanded they return to the offices because they were paying for empty buildings. When we already proved we dont need huge office buildings to keep the world working. It's a bad call that's exposing the fraudulent corporations for what they are .. recipients of corporate welfare.... Profiting off of the government to stay viable in a crooked market.
It is a market correction, prices are too high. The raised interest rate hike takes inflated dollars out of the market. A stable unemployment rate around 3-5% is generally considered healthy for an economy. It allows for some level of job turnover and flexibility for workers while also indicating that there are job opportunities available for those seeking employment.
Furniture stores going bankrupt are particularly concerning as it signals a top to home purchases and a need to furnish homes purchased. Also signals people are shopping for Furniture elsewhere like 2nd hand stores and other.
@@randalmiller7952 Dumb comment. Prior to Biden arriving to the White House we had 20 MILLION illegals in the USA doing many jobs. Biden and Kamala just added another 10 MILLION…
Unemployment in this nation is far higher than the official numbers. Those that have exhausted their benefits and no longer file for benefits are not counted. Best guess is that the real numbers are closer to 15% unemployed.
Hallelujah 🙌🏻!!!!! The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻. I was owing a loan of $49,000 to the bank for my son's brain surgery, Now I'm no longer in debt after I invested $11,000 and got my payout of $290,500 every month…God bless Mrs Susan Jane Christy ❤️
After I raised up to 525k trading with her I bought a new House and a car here in the states 🇺🇸🇺🇸and also paid for my son's surgery (Oscar). Glory to God.shalom.
I've always wanted to be involved for a long time but the volatility in the price has been very confusing to me. Although I have watched a lot of UA-cam videos about it but I still find it hard to understand.
@dogfilms7753 I was told my position was eliminated because of a reorganization. It had nothing to do w/my job performance. It was an asset management firm. I was there 6 years.
The rich stay rich by spending like the poor and investing without hesitating then the poor stay poor by spending like the rich yet not investing like the rich
The market's volatility makes DIY dangerous. You do not need to identify the next NVDA to be successful in investing. Choose top-tier ETFs, dividend aristocrats, and a trusted advisor. I turned $180k into $200k in quarterly dividends, which is an exciting milestone
For the regular, the strategies are fairly demanding. In actuality, most professionals who have the necessary expertise to pull off such trades effectively carry them out.
Since I haven't taken any concrete action, I have been thinking about getting one. Could you refer your advisor to someone else? I sincerely could use some of your assistance.
BLS says unemployment level is 7 million Americans. Try quadrupling that to 30 million. There are at least 7 million work ready and capable people who don't want to look for a job alone BUT SHOULD.
BLS is not a real barometer of stats, AT ALL. They use opinion data instead of real facts, which can only be attained by people who are in the private sector who keep quarterly data as far back as 30 years ago. The real unemployment rate in America is hovering around 20% and comes from a combo of a generous welfare system, disability, mental health and lack of skillset in an increasingly shrinking industry portfolio that this declining country has to offer a workforce. The shareholder model instigated all of this, and the federal guv abetted.
Why isn't no one talking about the foreclosures that was on pause for 2 years? A wave of backlog is going to drag every home down with some of these wack flippers/builders flipping foreclosures, and under cutting everyone else’s home price on the market. A race to the bottom.
AND the USA is sending "some" ships and planes around Israel this evening. Lucky the market is closed tomorrow.. But will this news get worse over the weekend?? Ready for Monday?
Always remember, unemployment numbers only account for those who are on active unemployment. Not those who have exceeded they 3 months they are allowed to be on it, or those that dont qualify for it
7 million unemployed what about all the people that ran out of unemployment benefits don't get counted in 2020 they had extension on unemployment benefits that's why it was so high in 2020 alot more unemployed today for sure
We need unemployment. We need economic contraction. We need business failures and bankruptcies. We need asset prices to fall dramatically. We need deflation. We need wealth to be destroyed.
Perhaps a bit harsh, but I get what you are saying. The trajectory of almost everything in the recent past is unsustainable. For the health of this country long term, we do need some fairly major adjustments.
You believing you are the exception is the same as the other people downplaying unless you have a space trillion people go bankrupt over car breaks down or a medical emergency
The rules of supply and demand will determine what something is worth and the amount it ultimately sells for, what everything eventually sells for, housing is no exception to the rule, except there is a lot of price fixing and manipulation going on. A house like everything, is worth what overall market conditions dictate, and, what someone is willing, and more importantly 'able' to pay, PERIOD. It's not rocket science.
I have cut back most of my spending this year. I have had enough of high prices. We cannot sustain stagnant wages and increasing housing prices. Something has to give! I want to buy a home one day!
Unemployment is still HISTORICALLY low. That being said, FED still needs to carve 30% off national home prices before the price/income ratio comes back inline. I wouldn't expect any dramatic rate cuts until this has happened, I'd expect 25 basis point hikes and a continued slow rise in unemployment as well.
It's NOT historically low scammer. Stop peddling misinformation. The fake numbers they put up are the only historical stat. The number of lies told now are also historical.
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller.
I'm surprised that you just mentioned and recommended Charlotte Miller, I met her at a conference in 2018 and we have been working together ever since.
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
Every time unemployment has increased at this pace recession has followed. Shortly thereafter.
Next 2-3 months will be very interesting.
We are starting to see recession signs all over the place..
We’ve been in a recession. It’s just that they’ve decided to acknowledge it.
We’ve been in a recession. We’re about to go into a depression. You’ll see very soon, they have tried to hide the truth and their lie will be exposed very soon
Unemployment should spike to 6 percent fairly quickly. Once the Sahm indicator is triggered, it usually spikes fast.
Maybe recession is the right thing to cool off this overhead economy
I think we are too obsessed about the economy crashing. In the right sense, the economy never crashes. It just undergoes cycles, and almost always recovers. So I really don't care what the predictions are. I just want to grow my portfolio. I read that people are pulling in massive profits despite the downturn. Any tips on how they do it?
The market will always recover. The goal is to find quality stocks with long term potential. It's hard for the average Joe to do this, because it involves following a lot of industry news, following up with earnings, etc. It's easier to invest through an advisor who knows how stuff works, and make rocket returns.
Investing in quality stocks with long-term potential is a good strategy, but it can be challenging for the average person to do this on their own. Keeping up with industry news and earnings can be time-consuming and difficult. That's why it's easier to work with an advisor who can help you make informed decisions and potentially achieve high returns.
Well if isn’t that the hard truth…this investment-adviser that guides you must really on to something…who is this person?
Sharon Ann Meny...I chose to get in touch with her after first seeing her on a CNBC news piece on clever advisors. The best choice I could have taken to survive in 2020.
I greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look her up and send her a message. You've truly motivated me. God's blessings on you.
Unemployment is an odd concept in an economy where for so many folks it’s necessary to work multiple jobs just to get by. Loose one and you’re counted as employed but suddenly don’t have enough money to live.
The economy is grappling with uncertainties, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
Things are strange right now. The US dollar is becoming less valuable because of inflation, but it's getting stronger compared to other currencies and things like gold and property. People are turning to the dollar because they think it's safer. I'm worried about my retirement savings of about $420,000 losing value because of high inflation. Where else can we keep our money?
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.
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
Finding financial advisors like Melissa Terri Swayne 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.
Honestly, this concerns me and has left me uneasy. Especially this potential depression, no more a recession. I'm unsure about my $130K account strategy, considering the uncertainty of this whole recession mostly.
If you lack knowledge about market investing tactics, get advice from a financial counselor.
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 been looking to get one, but have been kind of relaxed about it. Could you recommend your advis0r? I'll be happy to use some help.
Her name is. MARY TERESE SINGH . Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I just curiously searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you
Despite low unemployment rates, there are concerns about underemployment, wage stagnation in some sectors, and disparities in job quality
Absolutely. It's crucial to have a well-thought-out plan, especially considering the current state of the global economy
Given the uncertainties, it might be wise to allocate a portion to safer options like bonds or fixed income securities
But don't forget about growth potential. You'll want to balance safety with opportunities for higher returns, maybe through a mix of stocks and real estate
Real estate offers diversification within an investment portfolio, often behaving differently than stocks and bonds
Timing the real estate market can be challenging, as buying at the wrong time could result in lower returns or losses
Stability is a result of our economy's struggles with uncertainty, housing issues, foreclosures, global volatility, and the pandemic's consequences. To restore stability and promote growth, all sectors must respond quickly to concerns about growing inflation, slow growth, and trade disruptions.
Consider hiring financial advisors, estate planners or tax experts. They can provide specialized knowledge and help you navigate complex financial decisions.
Having an investment advisor is currently the best way to approach the stock market. I was going alone, but it wasn't working. I've been working with an advisor for a while now, and last year, I achieved over 85% capital growth minus dividends
My partner’s been considering going the same route, could you share more info please on the advisor that guides you?
I'm cautious about giving specific recommendations since everyone's situation varies, but l've worked with " Sharon Marissa Wolfe” for years and highly recommend her See if she meets your criteria.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Sharon Marissa Wolfe for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
The market's direction can swiftly change, with indexes frequently transitioning from a bear market to a bull market precisely when the news is most negative and investor sentiment reaches its lowest point. It's tricky during election years.
the average person finds it difficult outperforming the market on a day-to-day basis. In actuality, most people who have the necessary abilities are advisors with experience since the '08 crash and beyond
Agreed, I once downplayed the role of financial experts until suffering 40% portfolio loss amid 2020 lockdown, at once I consulted a pro and my portfolio was revamped thankfully. As of today, I'm just about 10% shy of my $1m goal after 100s of thousands invested.
bravo! mind sharing details of your advisor please? my job doesn't permit me the time to analyze stocks myself
’Aileen Gertrude Tippy” is the licensed advisor I use. Just google the name and you’d find necessary details. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
such an eye-opener! cant wait to experience financial advisory at first hand... curiously inputted Aileen Gertrude Tippy” on the web and at once spotted her consulting page, she seems highly professional from her resumé
The economy is grappling with uncertainties, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
Things are strange right now. The US dollar is becoming less valuable because of inflation, but it's getting stronger compared to other currencies and things like gold and property. People are turning to the dollar because they think it's safer. I'm worried about my retirement savings of about $420,000 losing value because of high inflation. Where else can we keep our money?
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
Recently, I have been exploring the possibility of consulting with advisors. As a mature individual, I am in need of guidance, but I am curious to know how truly impactful their services can be?
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Sharon Marissa Wolfe for the last five years or so, and her returns have been pretty much amazing.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
So how exactly can we guard against the coming financial reset for 2024? 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.
Being heavily liquid, I'd rather not reinvent the wheel. Since this strategy works for you, how can I contact your advisor?
Vivian Jean Wilhelm is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thank you for the information. I conducted my own research and your advisor appears to be highly skilled and knowledgeable. I've sent her an email and arranged a phone call. Her expertise is impressive, and I'm eagerly anticipating our conversation.
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
Accurate asset allocation is crucial, I used hedging strategies to allocate part of my portfOlio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay finan-cially secure for over five years, yielding nearly $1 million in returns on invest-ments.
pls how can I reach this expert, I need someone to help me manage my portfolio.
Amber Michelle Smith 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 for the lead. I searched her site up and filled the form. I hope she gets back to me soon.
Recessions are part of the economic cycle, all you can do is make sure you're prepared and plan accordingly. I graduated into a recession (2009). My 1st job after college was aerial acrobat on cruise ships. Today I'm a VP at a global company, own 3 rental properties, invest in stocks and biz, built my own business, and have my net worth increase by $500k in the last 4 years.
Let's face it... buying more stocks & index funds during stock market corrections and bear markets is scary. Which makes it really hard to do for most people like me. I have 260k i want to transfer into an s&p but its hard to bite the bullet and do it..
I wholeheartedly concur; I'm 60 years old, just retired, and have about $1,250,000 in non-retirement assets. Compared to the whole value of my portfolio during the last three years, I have no debt and a very little amount of money in retirement accounts. To be completely honest, the information provided by invt-advisors can only be ignored but not neglected. Simply undertake research to choose a trustworthy one.
Impressive can you share more info?
Her name is. 'GRISELDA ELENA JEMMOTT’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I just curiously searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you
Transfer of wealth usually occur during inflation and market crash at times like this. So for me,this is time for aggressive investment. The more stocks drop, the more I buy. I'm just focused on making better investments and earning more as recession fear increases.
Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.
Many people minimise the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm solvent. I looked for licenced advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
Glad to have stumbled on this comment, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?
Svetlana Sarkisian Chowdhury a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
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.
I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!
One strategy for protecting against a recession is to buy equities. Investors, especially during a recession, need to know where and how to put money in order to make money while avoiding inflation.
It has never been easier to understand how to build your money than it is right now, when you may study and experience a completely variegated market passively by employing a successful portfolio-advisor. The impacts of the U.S. dollar's gain or fall on investtments, in my opinion, are complex.
Working with a Financial Advisor to help guide you on your wealth-building journey if you're just starting out is a wonderful way to get started and thats how i was able to accrued good gains . They helps to manage investment overall risk profile , prevent permanent loss of capital consider maintaining a broad diversification of your investments that reflects your personal risk tolerance, time horizon, and the nature of your financial goal
please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?
Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
Transfer of wealth usually occur during market crash, so the more stocks drop, the more I buy, in the meanwhile I'm just focused on making better investments and earning more as recession fear increases, apparently there are strategies to 3x gains in this present market cos I read of someone that pulled a profit of $350k within 6months, and it would really help if you could make a video covering these strategies.
It’s precisely at times like these that investors need to be on guard against the next certainty. You don’t have to act on every forecast, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.
I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accrued over $2m with the help of my advisor from an initial $350k investment.
impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now
Lucinda Margaret Crist is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
The system is failing as a result of both government and federal policy. In the next days, the banking crisis would have to be epic and gigantic for the FED to decide not to raise interest rates. This won't happen; an increase and a crash are coming. There will be more negative portfolios this 2nd half of 2024 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
Just ''buy the dip''. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder.
Very true, you can be passively involved in the markets and still amass wealth-gains using an investment advisor. I first dabbled in stocks late 2019, just before the pandemic, and that same year gained over 150% with no prior investing experience, basically all I was doing was following directions of my advisor. We are working on a retirement ballpark of $3m and I’m certain my goal isn’t farfetched after subsequent investments and tremendous returns so far.
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
“Jessica Lee Horst” is the licensed advisor I use. Just search the name. You’d find necessary details to work with 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.
Thank you for your honesty and transparency. It's refreshing to see someone acknowledging the harsh reality of rising prices, which are leaving many of us feeling battered and bruised.While I'm grateful to be in a position to absorb these costs, my heart goes out to those who are struggling to make ends meet and can't afford their basic necessities. made $38k from my little invested $11k regardless of how bad it gets on the economy.
This inflation has taught people the importance of multiples income investment helps alots..
This inflation has taught people the importance of multiples income investment helps alots..
she's mostly on Telegrams, using the user name
Roxanne Emmett
Everyone needs more than their salary to be financially stable. Investing it with a reliable source is the best
I was part of the recent layoffs at twitter and this bites hard. Grateful that I kept some savings about 600k tho! Now I am looking for ways to invest this into the stock market to generate good dividends to supplement for my monthly expenses.
you need a certified financial planner straight up! personally, I invest in ETF's and also love investing in individual stocks. yes it’s riskier but am comfortable in my financial environment
Agreed, After taking charge of my portfolio in early 2017, i stumbled into losses. Upon realizing that a change was necessary, I consulted a fiduciary advisor in 2020 and since then my $1.2m portfolio has gained 28% annually through restructuring and diversification using dividend equities, ETFs, mutual funds, and REITs.
great gains there! mind sharing details of your advisor pleas? i've started gaining more cash flow with my employment and looking at putting money into stocks and alternative assets that can help build wealth over time
'Sharon Ann Meny' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
Thank you for the recommendation. I'll send her an email, and I hope I'm able to reach her.
I'm no longer confident in my investment strategy due to the impending recession. I aim to reallocate my 450K portfolio. What's the most effective strategy to do it right?
Considering diversification is excellent. Now might be a good time to consult a financial advis0r for expert advice and seize opportunities in this volatile mark
Accurate asset allocation is crucial, I used hedging strategies to allocate part of my portfOlio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay finan-cially secure for over five years, yielding nearly $1 million in returns on investments.
i've recently sold some property and am interested in investing in stocks, I'm seeking guidance. could you refer me to your advisor
*Jennifer Leigh Hickman* 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 for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
Let's be very clear about one thing. The "market" has been massively wrong on what the Fed should do with the funds rate for at least 2.5 years now. In early 2022 before the Fed even started hiking, the market was already forecasting rate cuts to happen by end of 2022. The market at the start of 2024 had 7 rate cuts for 2024. Laughable to suggest the Fed is the one that has been getting this wrong. It has proven out that they were right to start hiking in early 2022, aggressively ramp up that funds rate, and then keep it at the terminal rate until now. Also, the Fed on numerous occasions has stated that a recession will likely occur as a result of this hiking cycle. The market consensus has been no or soft landing, which is another thing they will be massively wrong on...........I've been engaged in active trading and managed to grow a nest egg of around 140k to a decent 539k....I'm especially grateful to Adriana Jensen whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
Adriana Jensen program is widely available online..
The market has gone berserk! whether you're a newbie or a veteran trader, everyone needs a sort of coach at some point to thrive forward.
Adriana.goes deeper than just looking at surface-level trends.. she explores technical, fundamental, and sentiment analysis, offering a comprehensive perspective on the market..
The clarity and precision in Adriana market predictions are astounding. I'm so grateful to have found her reviews here on UA-cam as well.
The key to financial stability is having the right investment suggestions for a diverse portfolio. Many investment failures and losses happen when you invest without proper guidance.
I need a way to draw up a plan to set up for retirement while still earning passive income to meet my day to day need and also get charged lesser taxes even while in a higher tax bracket. i want to invest around $250K savings.
Diversify your holdings across several asset types to reduce risk rather than putting all of your eggs in one basket. If you don't know a lot about finances, speak with a financial expert.
Accurate asset allocation is crucial with an Experts guidance. I have 850k in equity, 300K cash earning 5.25 interest, 685k in 401k, 250k cash account, 120k in car assets ( paid off cars) Gold and silver bars. age is 48. My advisor helped me realign my portfolio to my risk tolerance and it boomed overtime.
pls how can I reach this expert, I need someone to help me manage my portfolio
Tracy Annette Webb 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 for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
Honestly, various market sectors are really going downhill. The economy is getting worse by the day😮💨
With all the recent economic indicators, it looks like a painful recession might be on the horizon this year. We should start preparing for it.
I've been reading the same. A recession can really impact everything from job security to investment portfolios.
It's definitely concerning. But we can take steps to safeguard our finances and even find opportunities during a recession.
@@EstherRoss-gm8qvTrue, but where do we start? There are so many things to consider.
One of the best ways to prepare is to get advice from a professional. Someone like AARON MORGAN BELL, a CFA, can provide strategies tailored to weathering economic downturns.
I recognize the hardships that come with economic struggles like unemployment, job loss, inflation, housing market instability, political uncertainties, and the global impact of conflicts and wars. Making ends meet during such times can be incredibly challenging. To navigate this difficult period, considering alternative job prospects, enhancing skills through online courses, and expanding your network can heighten the chances of securing employment. Moreover, prudent budgeting, exploring available financial aid programs, and seeking assistance from community organizations can offer some relief. How are you currently tackling these challenges? Have you implemented any specific strategies to cope?
In my opinion, now is not the moment to rely on hearsay. Every individual, regardless of their level of experience as an investor OR in a financial market, requires guidance at some stage.
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
this is 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.
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with “Jessica Lee Horst” for the last five years or so, and her returns have been pretty much amazing.
Thanks for sharing, I just liquidated some of my funds to invest in the stock market, I will need every help I can get.
With markets tumbling, inflation still high , the Fed imposing large interest-rate hike, while treasury yields are rising rapidly-which means more red ink for portfolios this quarter. How can I profit from the current volatile market, l'm still at a crossroads deciding if to liquidate my $400k bond/stock portfolio.
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. 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
impressive gains! how can I get your advlsor please, if you dont mind me asking? I could really use a help as of now
Elisse Laparche Ewing is the licensed fiduciary I use. 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.
I read of someone that pulled a profit of $350k within 6months, and it would really help if you could make a video covering these strategies. Transfer of wealth usually occur during market crash, so the more stocks drop, the more I buy, in the meanwhile I'm just focused on making better investments and earning more as recession fear increases, apparently there are strategies to 3x gains in this present market
True, there are strategies that could be put in place for solid gains regardless of economy or market condition, but such execution are usually carried out by investment experts with experience since the 08' crash
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.
great gains there! mind sharing details of your advisor pleas? i've started gaining more cash flow with my employment and looking at putting money into stocks and alternative assets that can help build wealth over time
Her name is. 'Rachel Sarah Parrish’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I just curiously searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you
The recent stock market crash, losing about 1.7 trillion in just 24 hours, is a stark reminder of how volatile the market can be. It's a challenging time for many investors, but it's crucial to stay informed and make decisions based on long-term goals. This underscores the importance of having a diversified portfolio and a sound investment strategy, ideally with guidance from a financial adviser to navigate these turbulent times effectively.
The recent stock market crash, losing about 1.7 trillion in just 24 hours, can be attributed to a mix of factors such as market volatility, geopolitical tensions, regulatory changes, unexpected economic data, overvaluation of stocks, and a correction phase after a prolonged bull market.
Having experienced this recent crash firsthand, I can attest to the importance of working with a financial adviser. My adviser helped me implement a diversified strategy tailored to my long-term goals.
That does make a lot of sense; you appear to understand the market better than we do. This coach is who?
Actually its a Lady. Yes my go to person is a ‘NICOLE ANASTASIA PLUMLEE '. So easy and compassionate Lady. You should take a look at her work.
I found her page by searching for her entire name online. After that, I emailed her and we set up a meeting so we could talk; I'm currently waiting on her response.
We have been in a recession for around 3 years.........we are headed for a depression........
We have been near the crash for more than 3 years according to Nick. Every month, he found signs of crash for 3+ years. I am a loyal watcher for 3+ years
it doesnt happen over night @CHENTIA4735 but it's looking like it's coming
@@CHENTIA4735 The economy actually did enter a technical recession multiple times in the last three years.
@@CHENTIA4735 LOL! I know! Nick will eventually be right. Just stick with it bro!
@@Christian-fx9ur I know he will be right at some point after being wrong for years.
Hw does unemployment has to do with this this why we should took our asset so serious. It took me 4 years to understand that predicting the market based on charts is not reliable; you can never truly foresee what will happen. Without a mentor, those 4 years were tough. Now, I follow the market’s trends and keep my approach simple and disciplined. These days, I make an average of $35k per week, even though I rarely trade myself.
That's impressive! When you say you barely trade yourself,' what do you mean?
I signed up for a 1-on-1 trading session called Earn and Learn. It's like copy trading, but with personalized guidance.
It's a secure and supportive way to improve your trading skills while earning, the best part is there's no upfront payment required
That sounds interesting! Can I sign up too? How can I reach out to Dave for a session?
I just started the program last month. The sessions with Dave are incredibly insightful. He's helped me understand market dynamics on a deeper level and that takes away the scare from trading to a large extent
Thanks Mate, the sad truth is that no one has a clue, we all react to what happens as it happens and try to analyse it but can’t predict an iota of what is going to unfold in the markets… content creators are like amplifiers, when times are good they affirm it and try to tell you why it’s good and that it’s looking bullish but then all of a sudden the market turns bearish and everyone affirms it again and try to analyse why… it’s so sad that many are so powerless and it's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 2.3Bitcoin to a decent 19Bitcoin in the space of a few months... I'm especially grateful to Whitney Eston, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
She's mostly interacts on Telegrams, using the user-name...
@WhitneyEston...
Stock has been falling for a while now and it might keep falling or decide to rise again. The truth is no one knows, I believe it's the right time to make purchase and also get the assistant of a professional..
Thanks for keeping it light and real at the same time. Much needed for us traders in times like these!
A better way is to get proper guide!!!! The most important thing is the technicality and Whitney Eston keeps proven herself.
Boomers retiring and pulling funds out of pensions and 401k isn't going to help stocks either.
Good. Screw the stonk casino.
This is something my one brother keeps mentioning. As we continue to have a low fertility, it’s not just Social Security that will have to see 20%+ cuts in benefits, it’s gonna be private retirement accounts and pensions. I’m sure the Fed will print up money and we will have printed up money being thrown in the stock market to prop it up, but that of course can lead to higher inflation.
So maybe 2.5-3.0% inflation and 10% annual returns were normal. But potentially to keep say a 7.5% average annual return going, the average inflation rate might tick closer to 5% over the long run.
Yeah, I agree in the upcoming withdrawals. The other part is newer generations are much more educated on the "stonk casino" and I feel are less likely to contribute. I feel like the combination of withdrawals and smaller weekly/biweekly auto contributions will lead to lower average returns.
@@metallifreak100 The government will never cut benefits. They will keep increasing taxes on us to pay people who do not work (remember some of the tax you pay goes to also fund disability and other handout systems)
Yeah , its the fuckin Booms fault ? Shut up !
The way US counts unemployment is misleading. The reality is much more.
Nick has traveled around the country and gained real knowledge… I trust his take much more than pundits who are incentivized to be bullish.
those who want you to be bullish, are peddling bs, FU Cramer, FU Citadel
"Paid to be bullish?" Where did you get that conspiracy theory .... from Q?
Bro his channel only exists as a doom tuber how is that any different
He will eventually be right but he said this crap in 2021 and couldn’t have been more wrong lmao
He doesn't know jack about what is happening to Intel and it just shows that he is just bullsh!tting everyone that he understands the semi conducter market.
Yup, Intel stock is down not because ppl aren't buying their semiconductor s, it because of the overheating problems they having with their new production generation of chip, but Intel is bullshitting their consumers and saying it code. More like hardware failures yield than software problems.@@rooster1012
My daughter hasn't got a check for two weeks , the restaurant is behind on paying workers , but employees are still showing up to work thank God for her tips.
She better get out of there and apply at other restaurants
she better get a real job and quick that’s insane
People underestimate the fact is that most job in the us are low paying , so even when unemployment rate is historic low, the consuming power is still very low, and there for the economy is relatively weak compared to before
This! Low wage jobs don’t even cover the cost of living. Anyone working them would need two to three of them just to survive.
Plus they heavily rely on customers. What if it closes? Wouldn’t that cause job loss?
Somebody is paying attention, but the detractors of content creators like this telling the truth will just counter
with the low paying jobs are all low skilled and those workers need more 'education' (more debt) to elevate
into the better skilled jobs. All the while ignoring that even the majority of skilled jobs wages aren't even cutting
it. The real CDI is in the sh*tter because discretionary spending is at an all time low. FACTS!
Want more proof detractors? Even the wealthy companies within communities that are host to these skilled jobs
are seeing a decline in sales.
@@ricemonster84 Exactly right
This isn't true at all. Real wages have gone up every year.
@@haroldallaberg6359 They really haven't, and I know this because I'm someone who
has deeply studied this while you're just some muppet who believes the first article you
come across that makes this false claim.
Intel is laying off 15k folks. My Son works for an intel contracter in the factory and they just layed off the entire night shift.
I feel sorry for anyone that saved and sacrificed to get a 20% down payment on a house. Then the economy lay offs caused his bank to repossess his house.
So now not only did he lose his house, but all those years of sacrifice to get that Down Payment, was wasted. So WHO makes out in this scenario!?!
THE BANKS!!!
Gee, this couldn’t be by design, right???
yep. With the FED's printing press and large corporations colluding together. They WILL own it all, short of a heavenly realm intervention.
I feel worse for anyone who listened to UA-camrs like this guy and missed out on sub 3% 30 yr fixed interest rates. They are the true victims.
@@Jake-nq5fb You know, you make a good point about 3% rate. You both are right. The common enemy is not each other but the big boy entities behind interest rate manipulation.
I always said. Something needs to give with these housing prices. IT'S TOO EXPENSIVE!!! We need a price correction. Housing is still at covid prices at double covid rates. Something needs to give.
I pray for everyone out there. It’s going to be painful for a lot of people. Help your family and neighbors in need.
Buy an acre of raw land. You can feed blocks of people on that acre alone
I think unemployment rate % is actually higher. Those who’s unemployment has run out no longer show in statistics. I bet it’s 6%+.
Or higher
It was 20% in 2020 so its going to be higher with the mass layoffs
The labor participation rate is only like 62%. That means almost half the country isn't working
If they are still looking for a job, they are still in the statistics. It has nothing to with their unemployment check.
They fall off the unemployment count after one year. Even if they’re still looking
Invest in the financial markets before retiring by diversifying across assets, allocating a small portion of your portfolio, staying updated on market trends, and considering long-term holding to balance risk and growth.
I feel sympathy for our country, low income people are now suffering to survive yet inflation and recession keep increasing daily, many families can't even enhance the good cost of living anymore. You've helped me a lot Sir Brian! Imagine I invested $50,000 and received $190,500 after 14 days
Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian C Nelson.
Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things
Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit
I guarantee you no matter what the numbers are. The rate is way higher.
So true
No way man. The US government does NOT lie (ever never ever) 😂
@@rh6761 you can't be serious. you must be being sarcastic
@@libertybell7145 if you couldn’t tell by the emoji at the end, it’s full sarcasm. The question is, are we ever told the truth???
as usual... they cannot ever see the true numbers on it
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life
Thanks for continuing updates I'd rather trade the stock market as it's more profitable. I make an average of $42,500 per week even though I barely trade myself.
I'm favoured financially, Thank you Jesus $36,000 weekly profit regardless of how bad it gets on the economy.
The Media never reports this
Cause this guy sells doom and gloom and gets paid for it nicely
There is no media, only propaganda.
They have Been reporting EVERYTHING IS FANTASTIC, BEST ECONOMY EVER nonstop for 2 years.
That's how I knew we would be here today
@@MCC1591 Somewhat agree, however you can’t say it’s unlikely given the rise in unemployment and the lackluster jobs report. Also, nationwide real estate bubble is real. Houses are sitting longer in the market this year than last year. Sellers have been dropping prices. Can’t deny that. I’d say it’s only a matter of time, but can’t say when.
It is their job to keep you ignorant and preoccupied with foolish things. They do not read the news, they preach the propaganda.
Our last big downturn was in 2008-2009. There are a lot of Young Adults today that have never seen a Downturn and don't understand how it's possible. It's a normal part of the Economic Cycle that we will get through, albeit with some pain. Those who have available cash will probably find some incredible bargains. I had an opportunity in the last one to buy a Bank Owned (repo) 1 Bedroom Condo fixer upper in a really nice area for 75% off, but I didn't have the funds available. Don't be scared, Be Prepared.
YUP!
Bought my condo for 55k *CASH.*
Now it's worth over 200k
🔥🔥🔥
You have a very narrow and short sighted view of the overall factors basing economic cycles. Real estate
speculation is only one of them. However, real estate speculation was the only real contributor to the 2009
crash as I remember it. Whoever passes legislation to eliminate all real estate speculation will be known for
saving this country for future generations. Then lazy untalented trustifarians like you won't be able to earn
at all 😆
I'm 24 and have been LIVING a downturn since 2022. cant get full time entry level employment with business degree
@@CC-br9qg That's because the recession started in Q2 of 2022 and we haven't come out of it. It's not you bud.
We've been in a recession. We're days away from the greatest depression of all time.
Better vote for Trump! He’s our best hope for the economy! (By far)
how do you know? by the way, what is your cash position %？
We have corrupt politicians in both parties who have only been worrying about filling their own pockets and the corporations who they work for. This has been going on for decades now, the only way to go is down.
@@shaneboyington713 Your buddy Trump said that in 2020. He lied like a rug. Makes you just another rug.
Your right. Good thing Biden has been really good for the econmy so far and we arnt in line for a massive crash with him running things, or his handlers rather. I bet Kamala who couldnt get 1% in her primary is going to turn things around lol@cpataxpro
@@cpataxpro Read the post before you comment. He made no mention of political affiliation you did. And now you look like a rug
@@user-mi7nl1ds8r And you a mumpsimus and a common troll. I hhavd no time for either, and have blocked and muted you from my YT account. 🚫 Back under your bridge now.
Those equity levels are not real…they are inflated….
What you don’t think msft, appl p/e of 40 is reasonable or nvda of 70… keep in mind these three made up like 40% of market gains this year
@@wwjccsd hahaha
They are inflating because of inflation… that’s what happens
@dylanbly3468 No we’ve blown past inflating of prices because of inflation. This is straight up greed and speculations now.
In today's tough economy with Higher interest rates, making money while dealing with depression is a real challenge. How can we stand another four years of this.
How is the government planning to repay $35 trillion in debt? Shouldn't there be a strategic plan in place rather than allowing the debt to continue growing unchecked?
This is the new economic reality. Adjust your financial strategies accordingly.
I keep telling both friends and family; Now is the perfect time to own a Tech Stock, With everything going on and seeing how the world is been run by AI and all Tech is here to stay and you don’t want to miss it
AI stocks will dominate 2024. Why I prefer NVIDIA is that they are better placed to maintain long term growth potential, and provide a platform for other AI companies. I know someone who has made more than 200% from NVIDIA.
I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about 200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost 673k
But, but, we’re going to have a soft landing. 🙄I’m sure it’s just TRANSITORY.
😂😂
Hahahahaha ill never forgive this administrations gaslighting.
@@techups3082it should have happened prior to 2020. It's a double bubble.
Don't worry Folks...
*Unemployment is TRANSITORY!*
❤😜❤
Finally, it's happening. I think after this recession or depression the scholars should study why this downturn took so long to happen because it was predicted by many to occur much sooner.
A lot of people think it's because the government was manipulating it's economic, employment, and inflation data
One thing is clear: Government spending!. Most of recent hiring are from gov. Spending Bills last few years took long to get to states, cities, contracts, then jobs. This is the one thing that kept this economy floating this long.
The election and government spending. In 2000 and 2008 the government spent the money but still happened before the election. May happen in September/October again
It's because they changed all the rules and definitions. Recession definition was redefined. Calculations of unemployement were changed, as were inflation and other measures of economy. Most working people know that we have been in recession for 3 years.
The reason this rally extended was because of all the money that flooded the market in the form of Covid stimulus.
Intel is down because their 13th and 14th gen high-end chips are badly defective and they're being crushed by AMD right now
Yeah AMD has been the superior option for at least 5 years now and it's just getting worse. I remember only buying Intel for my PC builds, how the mighty have fallen.
I am expecting a hard landing similar to the 1973-75 recession. Unemployment peaked out around 9 percent.
Nobody wants to buy in Florida . Everyone is leaving this hellhole.
FL is a revolving door. People move there for 1-2 years then move back North. It's way too overcrowded and there's more Northeners in FL than there are Floridians now.
Good bye !
The market there has extremes.
@@mark7362 It was like that in 1990 after I graduated from high school and wanted to go play
for 6 months before returning to go work PT and go to college. I remember almost everyone having a
New York accent.
@@christophersmith2470 oh wow, dang, I didn't know that... in North FL it wasn't like that it in the 90's when I was growing up in the smaller towns of FL but now it's like the entire state is like Orlando, I tell people FL is more crowded than New York! I've been to New Jersey very close to Nyc and I really do think it is more overcrowded in FL
Nick, even though your focus is real estate, I think your broader views are just as valuable. Keep up the great work!
Real estate is not worth as much as it is right now nowhere close add to 2022 highs ..... Let's just say I'm sorry for people holding mortgages then 🤦🇨🇦🍀
Only replying to yours as this is just one of the top comments, but… please take this solely as entertainment. Just a few moments of fact checking and you’ll see that Nicks opinions are only just that…. opinions. For example, Intel’s stock is down because of a MASSIVE quality control problem at the moment, but silicon chip demand is still so strong as evidenced by everyone closing out their quarters on target. This is a UA-camr… not an expert. I’m getting frustrated with the way the world is just accepting whatever they are spoon fed lately and it’s making our population more foolish.
He's a fear monger that's riding the trend along with other UA-camrs about doom and gloom. He's even copying the whole walking through the neighborhood like that other clown Michael Bordenaro 😅Positive news and advice doesn't sell.
They keep saying this, month after month, year after year, so when it happens, they can go "See?"
agreed, simply click bait tactics.. I do wish people would take ownership of their so call analysis.. this has been going on for years... LOL... just take a look of his past videos' headlines.. Every day a crash is coming.. Yes, a minor correction in residential real estate is over due. But, a Crash? Yes, eventually a state like Florida and part Texas which experience a correction, he will come back and I TOLD U so!.. LOL!!!
Ya make fun of the bears but eventually the bulls get mauled.
I can’t believe how oblivious people are when you share this information with them and call you crazy
thats why these idiots will get F when the crash happening super soon. just like 2008 other idiots learn the lesson
He’s been doing this for years. He will be right eventually.
@@Immacu1ateit takes years for a housing crash to happen
@@seestuff09 broken clock is right twice a day.
Yeah, they just call you a half empty guy. I feel like I’m the voice in the wilderness.
I Hit $113k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject.
I would really love to know how much work you did put in to get to this stage.
Nick Syiek's strategy has been instrumental in helping me navigate the past few months. Without it, I don't think I would have made it through
Please, how do I connect with Nick Syiek? I would appreciate if you show me how to go about it
He's mostly on Telegrams, using the username...
@Nicksyiekk
Shit hits the fan every 5-7 years approximately: Dotcom bubble in 2000, Subprime bubble in 2008, Oil crash in 2015, Covid crash in 2020. So, we can expect some type of disaster in 2025 or 2026 that will probably cause the market to take a bath.
They'll do what they did before- re-define what a recession is.
There is only one reason why something doesn't sell and that's because it is overpriced, duh!
Or people don't have money... double duh.
@@user-qe1qt7pk8mTwo sides of the same coin. If your potential buyers are broke, then your price is too high for their brokness. So if you really want to sell, you need to meet them where they are.
Nope. It's because supply exceeds demand (Econ 101).
@@user-qe1qt7pk8m Same thing.
@@cpataxpro Same thing. Too much supply ---> your price must go down.
Unemployment becoming real here in Australia, many small businesses finally starting to crack and close down
Aussie, up here. It's western-wide & worldwide.
Recession are part of the economic cycle, all you do is make sure you're prepared and plan accordingly. I graduated into a recession (2009). My 1st job after college was aerial acrobat on cruise ships. Today I'm a VP at a global company, own 3 rental properties, invested in stocks and biz, built my own business, and have my net worth increased by $500k in the last 4 years,I Appreciate Laura Ferguson the lady you recommended to me..
my main concern is how can we generate more revenue? the inflation has taught us important of multiples income.
That woman totally changed my life for good. I have come across individuals but non is as honest as she is. So surprise you know her too.
investment has saved so many families from poverty it's has been the easiest means to save and multiply money because money left for saving ends up used without returns.
Wow. You know Laura Ferguson too? I thought I'm the only one she has helped work through the fears and falls of the forest. Her training last week was amazing and the strategy she applied were mind blown
*The Administration has putting so many families into difficult situations,My problem How can we save our families and friends from financial slavery. It's getting more scary how people are really suffering these days.*
I can’t believe in North DFW, homes were $350k in 2019 and are now $750k in 2024. Crazy.
to those who consume this content: keep in mind that every city is different and every sub-market within a city is different. major wealth is about to be made in these market conditions. the question is will it be you.
Nope. Not touching it. I play the Lottery now. The chances are better.
Spencer, have you become a spam bot as second job? 😂😂
No it won’t because most of us are struggling just to survive since the average income is 60k - year
Why are you doubling spaces and not using caps after the end of a sentence🤣
I was laid off in March by Microsoft along with 2000 other employees..
You know why? Microsoft's in-house AI replaced our jobs.
Now I can't find a new job. AI is replacing my programming position across the industry
What is/was your specialty?
@@goldbrick2563 it doesn't matter. ai is ending many, many jobs not only in it
Us blue collar guys saw that coming years ago.
where are you located?
Should learn to mine.
I had a real estate agent with a house at 899K that had a 178% markup talking about the market will never crash.
That’s just them lying because they know all they have to do is find the one idiot that’ll drink the kool aid and buy at that price .
Being poorer will be a great wake up call for America. Living local. Living cheaper. We will all have better communities if we are poorer. Recession is the CURE not the problem. The cure for high prices is a crash, a cooling off, lower prices. Then we normalize. Just normal cycles.
but what about all the UA-cam stars and Instagram models? What will they do?
Kamala Harris campaign speech writer over here. Yes Americans, you're all living too easy and it's time you live more
3rd world like. Here are 10 million new invaders from the actual 3rd world to show you how to live poorer and more destitute.
Leave it to a Goldman to write this drek.
People won't do those things. They'll loot and riot.
Oh, it is going to get a lot worse! But hey, those of us who follow your channel knew this for quite some time.
So did you pull out the stock market through all these gains?
@@jacobarmendariz9245 Loaded the boat with Gold and have been doing quite nicely. Thank you for asking. Be well!
Yield curve un-inverting, sahm rule just tripped, red flags everywhere. It has finally begun.
If you're using terms and graphs to judge economic activity, then you along with the 'experts' really
are out of touch with reality.
If we get an emergency rate cut before sept 17. It’s really bad
We will.
Jackson Hole probably
I personally know of 3 people that got fired recently. Over stupid shish.
What were the reasons?
The employers were looking for a legal and valid excuse to let them go. That way, they can't come back and sue them for wrongful termination.
If they can fired employees without backfire to sue the owner which means the employees have done wrongful thing.
@@vinnydoan9434or they cost to much for the company
Nah, they likely got laid off and the company needed to save face and called it a 'firing'
All companies are declining right now, it's just that the wealthy can absorb it.
How many of the recently unemployed are due to companies ending remote work? I see hundreds of comments from people losing jobs because they moved away from their job and they called them back to the office.
Everyone worked from home during the pandemic and kept things going . Then companies demanded they return to the offices because they were paying for empty buildings. When we already proved we dont need huge office buildings to keep the world working.
It's a bad call that's exposing the fraudulent corporations for what they are .. recipients of corporate welfare.... Profiting off of the government to stay viable in a crooked market.
It is a market correction, prices are too high. The raised interest rate hike takes inflated dollars out of the market. A stable unemployment rate around 3-5% is generally considered healthy for an economy. It allows for some level of job turnover and flexibility for workers while also indicating that there are job opportunities available for those seeking employment.
Furniture stores going bankrupt are particularly concerning as it signals a top to home purchases and a need to furnish homes purchased. Also signals people are shopping for Furniture elsewhere like 2nd hand stores and other.
And we just brought in 20 million people who are low skilled laborers. No worries, I'm sure it'll work out great!
Like your going to pick strawberries or clean stables. Americans will go hungry before doing menial work.
@@randalmiller7952I guess you've never been to a construction site. Quit acting like they only do farm labor.
Was it really 20 million? Seems off, thats like 3 ny metros. Nah, maybe 1M?
@@randalmiller7952
Dumb comment. Prior to Biden arriving to the White House we had 20 MILLION illegals in the USA doing many jobs. Biden and Kamala just added another 10 MILLION…
@@randalmiller7952 We don't have 15 million jobs lying around for all the people they let in. We don't have enough jobs for the people already here.
Unemployment in this nation is far higher than the official numbers. Those that have exhausted their benefits and no longer file for benefits are not counted. Best guess is that the real numbers are closer to 15% unemployed.
and J Powell continues to say the economy is doing fine and unemployment is low. Mind Boggling
they pay him to lie
He's part of the incumbent admin who will be unemployable if Trump wins this Nov. What do you
expect him to say?
Hallelujah 🙌🏻!!!!! The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻. I was owing a loan of $49,000 to the bank for my son's brain surgery, Now I'm no longer in debt after I invested $11,000 and got my payout of $290,500 every month…God bless Mrs Susan Jane Christy ❤️
Hello how do you make such monthly??
I'm a born Christian and sometimes I feel so down🤦🏼of myself because of low finance but I still believe in God🙏.
Thanks to my co-worker (Alex) who suggested Ms Susan Jane Christy
She's a licensed broker here in the states🇺🇸 finance advisor.
After I raised up to 525k trading with her I bought a new House and a car here in the states 🇺🇸🇺🇸and also paid for my son's surgery (Oscar). Glory to God.shalom.
I've always wanted to be involved for a long time but the volatility in the price has been very confusing to me. Although I have watched a lot of UA-cam videos about it but I still find it hard to understand.
Intel is down because they have a major issue with the past 2 generations of CPUs. It's not decreased demand that sent it down 25%
What goes up must come down… it’s just that simple…
I was let go from my job last week.
What was the reason?
@@user-mf6kz3ld5r Thank you🙏🏻
@dogfilms7753 I was told my position was eliminated because of a reorganization. It had nothing to do w/my job performance. It was an asset management firm. I was there 6 years.
@@tjdwyer3 when the economic is in down turn cycle, it happens. I hope you have something better than previous job.
@@vinnydoan9434 Thank you! Onward & upward
The rich stay rich by spending like the poor and investing without hesitating then the poor stay poor by spending like the rich yet not investing like the rich
YOU'RE RIGHT! Save, invest and spend for necessities and a few small luxuries relatives to on's total assetsratio.
Please how's that possible, I'm curious
Please how do I go about it, am still a newbie on investment trading and how can make profit?
It's Andrea Megan doing she's changed my life. A BROkER-like her is what you need
Wow I'm just shocked you mentioned and recommended Mrs Andrea Megan, I thought people don't know her.
7.2 million plus 50 million uncounted.
The market's volatility makes DIY dangerous. You do not need to identify the next NVDA to be successful in investing. Choose top-tier ETFs, dividend aristocrats, and a trusted advisor. I turned $180k into $200k in quarterly dividends, which is an exciting milestone
For the regular, the strategies are fairly demanding. In actuality, most professionals who have the necessary expertise to pull off such trades effectively carry them out.
Since I haven't taken any concrete action, I have been thinking about getting one. Could you refer your advisor to someone else? I sincerely could use some of your assistance.
*Layan Talia Chokr* is her name,You are most likely to find more info when you look her up on the internet.
Thank you! I entered her full name into my browser, and her website came out on top. I filled her form and i hope she gets back to me soon
I turned $60,000 into a new truck. Can’t lose that…unless someone steals it. 😆👍
BLS says unemployment level is 7 million Americans. Try quadrupling that to 30 million. There are at least 7 million work ready and capable people who don't want to look for a job alone BUT SHOULD.
Because people cant get hired or get filtered out
There are also tons of people who are looking for jobs and can't find them.
If you do Uber for at least 4 hours/week....
the Job Report counts you as Employed 😂😂
BLS is not a real barometer of stats, AT ALL. They use opinion data instead of real facts, which can only be
attained by people who are in the private sector who keep quarterly data as far back as 30 years ago. The
real unemployment rate in America is hovering around 20% and comes from a combo of a generous welfare
system, disability, mental health and lack of skillset in an increasingly shrinking industry portfolio that this
declining country has to offer a workforce. The shareholder model instigated all of this, and the federal guv
abetted.
Imagine how things would look if they released the true numbers!
This video aged well in two days. Today is Monday, August 5th. Global stock markets plunged.
Why isn't no one talking about the foreclosures that was on pause for 2 years? A wave of backlog is going to drag every home down with some of these wack flippers/builders flipping foreclosures, and under cutting everyone else’s home price on the market. A race to the bottom.
Same with all the businesses that phased from existence whole small towns gone no one talks about it
My neighbor just cut his sales price by 20% and he is still going to walk with a ton of equity.
And minus 20%.
You act like that's nothing.
That's $20,000 for every $100,000!
That would cost me $140,000.
You must be super rich.
And that assumes it sells...
AND the USA is sending "some" ships and planes around Israel this evening. Lucky the market is closed tomorrow.. But will this news get worse over the weekend?? Ready for Monday?
to prepare for WAR
The US just sent them more stuff after their off shore failed
Always remember, unemployment numbers only account for those who are on active unemployment. Not those who have exceeded they 3 months they are allowed to be on it, or those that dont qualify for it
Been waiting 4 years for this so-called recession.
Where are all of the naysayers now?? I'm almost tempted to go back to your older videos and call them out
7 million unemployed what about all the people that ran out of unemployment benefits don't get counted in 2020 they had extension on unemployment benefits that's why it was so high in 2020 alot more unemployed today for sure
We need unemployment. We need economic contraction. We need business failures and bankruptcies. We need asset prices to fall dramatically. We need deflation. We need wealth to be destroyed.
Why? Are you homeless?
you believe this only because you think you will Not be one of the people who SUFFERS when all this happens
Only people that don't have anything say that.
Sorry you don't have anything.
Perhaps a bit harsh, but I get what you are saying. The trajectory of almost everything in the recent past is unsustainable. For the health of this country long term, we do need some fairly major adjustments.
You believing you are the exception is the same as the other people downplaying unless you have a space trillion people go bankrupt over car breaks down or a medical emergency
I’m in Texas. Everybody’s moving from California paying $50,000 over asking price.
Dude, we have been in a recession. We are going into a deep depression.
The rules of supply and demand will determine what something is worth and the amount it ultimately sells for, what everything eventually sells for, housing is no exception to the rule, except there is a lot of price fixing and manipulation going on. A house like everything, is worth what overall market conditions dictate, and, what someone is willing, and more importantly 'able' to pay, PERIOD. It's not rocket science.
what is your point? Interest rate and credit availability drive asset prices (housing prices)
I have cut back most of my spending this year. I have had enough of high prices. We cannot sustain stagnant wages and increasing housing prices. Something has to give! I want to buy a home one day!
Better vote for Trump
Unemployment is still HISTORICALLY low. That being said, FED still needs to carve 30% off national home prices before the price/income ratio comes back inline. I wouldn't expect any dramatic rate cuts until this has happened, I'd expect 25 basis point hikes and a continued slow rise in unemployment as well.
based on the current calculation of unemployment, it is at grade school levels fraudulent.
It's NOT historically low scammer. Stop peddling misinformation. The fake numbers they put up
are the only historical stat. The number of lies told now are also historical.
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller.
I'm surprised that you just mentioned and recommended Charlotte Miller, I met her at a conference in 2018 and we have been working together ever since.
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.
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'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