Wait For The Economy To Improve Before I Invest?

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  • Опубліковано 10 січ 2025

КОМЕНТАРІ • 411

  • @ONLY1KUDWE
    @ONLY1KUDWE 21 день тому +104

    This guy's brain is going 100 miles an hour! I'm anxious just listening to him.

    • @mattmasteringer4399
      @mattmasteringer4399 21 день тому +2

      He has too much money and doesn’t know what to do with, probables with inheritance money.

    • @GolfDuff
      @GolfDuff 19 днів тому +1

      He just doesn't listen and stop talking. This guy needs to relax for once.

  • @TonyCox1351
    @TonyCox1351 21 день тому +60

    There is absolutely zero chance that this guy is going to buy in when the market hits its bottom - he would be more terrified than ever

  • @chrisfaver3116
    @chrisfaver3116 21 день тому +27

    Love John’s advise and calm demeanor. Great job!

  • @nicolasbenson009
    @nicolasbenson009 11 днів тому +261

    Given the uncertain economic conditions and heightened global tensions, I'm considering investing over $800k in stocks. However, I'm uncertain about how to minimise potential risks.

    • @JacobsErick-u8r
      @JacobsErick-u8r 11 днів тому +6

      Consider hiring financial advisors or tax experts. They can provide specialised knowledge and help you navigate complex financial decisions.

    • @KarenLavia
      @KarenLavia 11 днів тому +4

      People often overlook the value of financial advisors until they experience the downside of emotional decision-making. I recall a few summers ago, after a difficult divorce, when I needed help reviving my struggling business. I did some research and found a licensed advisor who worked diligently to grow my reserves, even amid inflation. As a result, my reserves grew from $285k to around $720k.

    • @JohnSmith060
      @JohnSmith060 11 днів тому +2

      That's quite impressive! Can you share more information about your financial advisor?

    • @KarenLavia
      @KarenLavia 11 днів тому +1

      There are definitely a few professionals who really know what they're doing. I've tried several over the years, but for the past five years, I've been working with Melissa Terri Swayne, and her results have been nothing short of amazing.

    • @BellamyGriffin19
      @BellamyGriffin19 11 днів тому +2

      I just googled her name 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 call.

  • @oswaldotte6936
    @oswaldotte6936 21 день тому +17

    This guy sounds like my dad. Constant fear of bad things happening with catastrophic outcomes. While non of his fears have come true and even if they did, the outcome wouldn't be half as bad as he feared it would.
    I'm half his age and have 3 times his net worth. And would have had even more if I hadn't listened to him the first half of my life.

    • @reesercliff
      @reesercliff 16 днів тому +2

      Sounds like my dad who listens to all the fear mongering on fox news 24/7

  • @muffintop701
    @muffintop701 21 день тому +49

    Bro just turned human 10 minutes ago

  • @PenAirPilot
    @PenAirPilot 21 день тому +14

    Solving for peace. This was an amazing vid and amazing advice. This stressed out dude NEEDED this call and needed this advice. Nice work, team!

  • @Ronaldinho1996
    @Ronaldinho1996 21 день тому +32

    Lay off the adderall dude chill

  • @tubenachos
    @tubenachos 21 день тому +13

    Always buy buy buy regardless if you are thinking long-term, never time the market.

    • @bko2613
      @bko2613 21 день тому +1

      Exactly, you should be keeping it in for life so why worry about few months here and there.

    • @annadavis6361
      @annadavis6361 20 днів тому

      I needed to hear that.

  • @cookieforawookie
    @cookieforawookie 21 день тому +116

    Dude heard absolutely nothing and was just waiting to yap again.

    • @Dee-nb4cg
      @Dee-nb4cg 21 день тому

      😂

    • @randye19
      @randye19 20 днів тому +4

      He sucked

    • @catherineestrada587
      @catherineestrada587 20 днів тому

      Dude hasn't learned the skill of listening. Jason 🤫

    • @mathematician1234
      @mathematician1234 19 днів тому

      Agreed. I think it's not his fault. I think he has the same thing that his special needs child has, or some version of it. It sounds like ADHD or ADD or a mix of that an autism. He may benefit from a formal assessment and some sort of therapy.

  • @TheCoppergoat
    @TheCoppergoat 21 день тому +65

    That guy should read that "Non anxious life" book that is on the shelf 🤣

  • @JoeRNNE1
    @JoeRNNE1 21 день тому +9

    Don't try to time the market. I re-allocated very conservatively at the outset of COVID because I bought into what the doomsdayers were saying. Had I just "stayed the course" with weekly contributions to my preexisting investments, I would be better off today. I learned a lesson and hopefully I won't forget it. Also, John is correct--living on $37,000 a year with him making a few extra dollars selling stuff at farmer's markets is not a reasonable approach to generating household income.

  • @Steve-lk1eb
    @Steve-lk1eb 21 день тому +32

    Honestly $37,000 is close to enough when you have a paid off home.

    • @bjlfbs8506
      @bjlfbs8506 21 день тому +7

      Not if you want to have any type of life and also set yourself up for retirement

    • @superblump87
      @superblump87 21 день тому +3

      If you live minimally and never take vacations.

    • @randye19
      @randye19 20 днів тому

      It’s a family of 4 what are you talking about and one of them is special needs

    • @emoney1231
      @emoney1231 19 днів тому

      @@superblump87 Well he lives in Florida, so he's already on vacation. (Mostly joking...)

    • @TheIronChainMaster
      @TheIronChainMaster 16 днів тому

      "I only make enough for my needs and have no investment or fun money leftover"

  • @amysmiles9751
    @amysmiles9751 21 день тому +1

    I stopped playing wake a mole and quit my job a month ago. Our family has to come together for the first time and we will make it work with less money but more time. We don't put a dollar amount on the time we get with our family because it's priceless.

  • @notsonewg4474
    @notsonewg4474 21 день тому +3

    Invest it.. and add 300.00 a month.. DCA. And you won't fear a crash.. you embrace it knowing you are buying more shares at bottom.. 15 years later you can thank me..

  • @charliecampbell1232
    @charliecampbell1232 21 день тому +42

    His house was a gift from his father-in-law? What a gift!

  • @billy5032
    @billy5032 21 день тому +17

    I had to turn this one off

  • @sarahshanahan2222
    @sarahshanahan2222 21 день тому +13

    Johns eq is through the roof

  • @happycooper1223
    @happycooper1223 21 день тому +18

    Bro needs to relax!

    • @ElevatedMindz
      @ElevatedMindz 21 день тому +1

      Can't agree with you more. Some people have no real major problems but try to create them for themselves

  • @kimicope_
    @kimicope_ 21 день тому +7

    I know he called to get advice but it seems like hes taking all the minutes of the phone call to talk instead of listen

  • @idude450
    @idude450 21 день тому +6

    I love this show. Great messages here

  • @SunilU-z8p
    @SunilU-z8p 21 день тому +20

    $10k in a trust means someone is “taken care of”?

    • @levigoodwin3522
      @levigoodwin3522 21 день тому +3

      More "taken care of" than my parents made me (when it comes to having money in a trust, at least).

    • @lot2196
      @lot2196 21 день тому +6

      Agree. At least the guy is trying. To him $10k is probably a fortune.

    • @Pablo-cs5sc
      @Pablo-cs5sc 21 день тому +1

      probably the house as well, since it is paid for

    • @alanlippincott2802
      @alanlippincott2802 19 днів тому +1

      10k = funeral costs... bro thinks 2 weeks at a time.

    • @Ripcraze
      @Ripcraze 15 днів тому

      more than most adults have saved

  • @FlutterSwag
    @FlutterSwag 21 день тому +5

    i asked my grandpa to open a roth for me, he was shocked i knew what that was

  • @JosephinaRossi
    @JosephinaRossi 19 днів тому

    Already participated in the Alemio presale, and I’m feeling pretty good about the future of ALM. Time to get in while the price is still low!

  • @GonzoTheSage
    @GonzoTheSage 21 день тому +2

    “Wait for it to just dance” 😂😂

  • @stevenporter863
    @stevenporter863 21 день тому +11

    3:47
    George said it! Compounting growth, the sooner the better. Not after a house is paid off and compounding years are wasted and not coming back.

    • @kimicope_
      @kimicope_ 21 день тому +2

      I'm learning time is truly the best resource we have and I'm starting at 33 I feel like I have a lot of time to make up for the loss.

    • @CeciliaOsorio4
      @CeciliaOsorio4 21 день тому

      ​@@kimicope_ I agree with you. there is no set time to start up anything. inventing in a secured future is not too late even at 33. and i am glad for what i am found so far and wouldn't mind sharing at any given time

    • @Primitive_Code
      @Primitive_Code 21 день тому

      ​@@kimicope_You still have 28 years of investing. According to Ramsey your investment will double every 7 years. If you put in $100k and left it there, it would be $1.6 million by the time you're 61.

  • @StephanieG.Augustus
    @StephanieG.Augustus 16 днів тому +7

    Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.

    • @CharlesT.Foster
      @CharlesT.Foster 16 днів тому

      Wall Street pitched so-called quality stocks with high profitability and low debt, as a kind of insurance against whatever the economy might throw at you. Quality stocks have underperformed the S&P500 this year, My $200k portfolio is down by approximately 20 %, any recommendations to scale up my returns on investment

    • @KarenJ.Mancia
      @KarenJ.Mancia 16 днів тому

      Nobody knows anything You need to create your own process, manage risk and stick to the plan, through thick or thin While also continuously learning from mistakes and improving.

    • @heatherj-o5j
      @heatherj-o5j 16 днів тому

      Exactly why i enjoy market decisions being guided by a pro , seeing that their entire skillset is built around going long and short at the same time both employing risk management and market experience , been using a portfolio-coach for over 2years+ and I've netted over $3million in that time frame.

    • @pauline-o2q
      @pauline-o2q 16 днів тому

      How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings?

    • @heatherj-o5j
      @heatherj-o5j 16 днів тому

      Her name is ‘Stacy Lynn Staples’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

  • @pojack9979
    @pojack9979 21 день тому +63

    If anxiety were a person

  • @beaniemac
    @beaniemac 21 день тому +5

    When will people realize u cannot time the market? It's about time in the market.

    • @mathematician1234
      @mathematician1234 19 днів тому

      @@billyracks He means that if if you invest and hold for a long period of time (i.e., "time in the market") you will build wealth, but if you hold back and wait for good opportunities to invest in the market (i.e., "timing the market") then you will miss out on some of the best return days, and hurt your wealth building.

  • @dt6750
    @dt6750 21 день тому +1

    this guy needed someone to hold his hands!

  • @YavuzTuba-s8t
    @YavuzTuba-s8t 19 днів тому

    Congrats to all early adopters, Alemio Network will crush this year

  • @wongthong7
    @wongthong7 21 день тому +8

    Put all your money in S&P index funds

    • @ohhoho5876
      @ohhoho5876 16 днів тому

      Qqq is better if u r OK with volatility.

  • @Poopinagroup
    @Poopinagroup 15 днів тому

    Many states have care programs, some in home, for special needs children, particularily in low income families. Might be worth taking a look into.

  • @ad3781
    @ad3781 20 днів тому

    john: "take a deep breath and give yourself a big hug brother"

  • @dimples5933
    @dimples5933 20 днів тому

    Wow… needed to hear this

  • @aaronmurphy8796
    @aaronmurphy8796 21 день тому +1

    I’ve found out there’s a group of people who just enjoy a constant angst about money . They want to keep like vasicalting around on abojt the best options . They don’t want a simple solution where they can just move on

  • @carltoncain5034
    @carltoncain5034 7 днів тому

    That requirement is only implemented to prevent the imagination from coming over and applying for bennifits like food stamps , housing , and family planing . When you want to to bring some one here to this country. You need to show proof that you are capable to support the the application process requires 3 years of tax returns. The only way he and his wife would be liable is if he applys for government assistance. They would be responsible for paying thew befits amount at the end of the year when they file taxes.

  • @DavidKnicks
    @DavidKnicks 21 день тому +1

    Invest in mutual funds!!!

  • @tachyon7777
    @tachyon7777 14 днів тому

    DCA was the magic word.

  • @RCGuitar982
    @RCGuitar982 19 днів тому +1

    Poor dude is exhausting himself for no reason. Guy is in a pretty good place relatively speaking

  • @QFUNNYNEWS
    @QFUNNYNEWS 21 день тому +1

    If you have to ask others when is the right time to invest, you really shouldn't invest.
    Learn how to analyze markets yourself first off.
    Other than investing, he has a bright future ahead.

  • @InsaneOaf
    @InsaneOaf 21 день тому +2

    Life insurance on his kids and $10,000 trust funds that will take care of them if anything happens to him? This guy is ridiculous incarnate.

  • @Brunettebeach
    @Brunettebeach 21 день тому

    He’s right, perspective. ❤

  • @coderider3022
    @coderider3022 18 днів тому

    Eh? Stock market is super red hot ! I would drip feed for now, wait for a pullback before increasing or lump sum investing. PE ratios are crazy.

  • @caezar044
    @caezar044 21 день тому +4

    Dollar cost average an amount every two weeks that would make you fully invested over 18 months. If we get a 10% pullback during that time, go all in.

  • @yakfishin4912
    @yakfishin4912 21 день тому

    What's the best book for newbies to get from Dave.

    • @charliecampbell1232
      @charliecampbell1232 20 днів тому +1

      The Total Money Makeover.

    • @yakfishin4912
      @yakfishin4912 20 днів тому

      @charliecampbell1232
      Has it honestly helped you?

    • @charliecampbell1232
      @charliecampbell1232 20 днів тому

      @@yakfishin4912 It's the best. We got out of 50k in debt, now 3 years later we have 35k in bank instead. Def worth it.

  • @cessarnieto1361
    @cessarnieto1361 20 днів тому

    Start a long term investment plan. Steady and consistent putting money monthly in the market when is up and when is down. If no experience then growth mutual funds and index s&p 500 mutual funds. If no fear then go full stocks. I believe only in tech stocks and blue chip mutual funds. Worked for me long term as 50 year history shows that the market goes up more than it goes down. The result is a good chunk of cash at retirement age 50 to 60 yrs old.

  • @dragonofparadise
    @dragonofparadise 21 день тому +6

    I am sure this will age well as the economy crashes to the depths. Stock market does not equal the "economy". The stock market will keep going up forever excluding small corrections though so staying investee is always good but the reason is because the US dollar is falling in value while corporations increase in value or stay the same so they are worth more US dollars.

    • @fabbz94
      @fabbz94 21 день тому

      Please reply when the economy crashes. I'll be waiting.

    • @chipoko1838
      @chipoko1838 21 день тому

      100% dude. Things are gonna get wild.

  • @battousai2089
    @battousai2089 21 день тому

    You didn't invest yesterday, and you won't invest tomorrow. You invest now!!!

  • @Carloshernadez1988
    @Carloshernadez1988 5 днів тому

    This man getting gifted like cracy6

  • @j67d26
    @j67d26 4 дні тому

    if im making monthly deposits into index funds, who cares about ups and downs on the day to day

  • @BlazerManiacNumber96
    @BlazerManiacNumber96 20 днів тому +1

    The economy has been skyrocketing for the past 2 years. What does he mean by “improve”?

  • @JustinCase780
    @JustinCase780 21 день тому +56

    How much did you inherit?
    Caller: $100,000
    John: Who passed away?
    Caller ignores him. 😅

    • @robertkrumm2470
      @robertkrumm2470 21 день тому +23

      he was too busy yapping didnt even hear him

    • @Westcoastguy
      @Westcoastguy 21 день тому +7

      2:23: his mother died, but yeah he completely wiffed the initial question.

    • @robloxvids2233
      @robloxvids2233 21 день тому

      Probably because it's a ridiculously disrespectful question. Why does it matter who passed away? It's like how Dave always asks people on disability what their disability is. Nunya business.

    • @robloxvids2233
      @robloxvids2233 21 день тому

      Wait, George thinks adding 50% to 53% makes 103%? Lol. Dave's AWFUL math skills are rubbing off on him. A 50% increase on top of a 53% increase is a 129.5% increase.

    • @derekd1510
      @derekd1510 21 день тому +3

      A man of focus, commitment, and sheer force of will. He didn't get caught up in Deloney's emotional baloney. He called about finances, not his relationship with his mom.

  • @RealGoatThought
    @RealGoatThought 21 день тому +10

    George, +50% in one presidency and +50% in the next is not +100%.
    Example:
    Presidency #1: 100 +50% = 150
    Presidency #2: 150 + 50% = 225
    That's a 125% increase.

    • @RidingWithJahv
      @RidingWithJahv 21 день тому +5

      I stopped listening to their math a long time ago

    • @Fishouta
      @Fishouta 21 день тому +5

      Boy math

    • @davidbrooks8809
      @davidbrooks8809 21 день тому +1

      Who Cares 😅😊

    • @RealGoatThought
      @RealGoatThought 19 днів тому

      @@davidbrooks8809 You're right, just a money advice channel, no need to have trustworthy math skills 😂😂😂

    • @Ripcraze
      @Ripcraze 15 днів тому

      That wasn't the point but sure

  • @phillipchristensen3202
    @phillipchristensen3202 3 дні тому

    Dude is treating 100k like he just got $10M.

  • @djpuplex
    @djpuplex 21 день тому +5

    Delony wants this guy to cry "Who died" he couldn't care.

    • @drtij_dzienz
      @drtij_dzienz 21 день тому +1

      Can’t get the candy without breaking open a piñata

  • @BarisMehmet-o9e
    @BarisMehmet-o9e 19 днів тому

    Guys, Alemio’s presale process has been seamless, and the project looks solid. Definitely one to watch.

  • @Isimud
    @Isimud 18 днів тому

    Hey Math genius: If the stock market went up 53% and then again 50% it didn’t just went up 103% but 129,5% on top of the initial value 😁.

  • @thetruth5635
    @thetruth5635 21 день тому +1

    If busyness is your drug rest will feel like stress great stuff, Dr. John

  • @lombardo141
    @lombardo141 21 день тому +1

    Am so shocked that with all the information out there people are still asking this question. lol

  • @mattmasteringer4399
    @mattmasteringer4399 21 день тому

    You know things are skeptical when even rich people with inheritances are scared to invest.

  • @jhigh125
    @jhigh125 21 день тому +20

    Dude was making me anxious the entire call

  • @davidflors1448
    @davidflors1448 16 днів тому

    You think the government and the Fed have any intention of improving the economy for middle class people

  • @Returnofthejedi2000
    @Returnofthejedi2000 21 день тому +3

    I have some advice for this young man…stop drinking Red Bull and stop watching financial advice from TikTok …you are absolutely completely wrong about investing go back and talk to the financial advisor…please

  • @JasonISF
    @JasonISF 15 днів тому

    The stock market at all time highs does NOT mean that the economy is doing well whatsoever. The economy and the markets divorced a long time ago.

  • @jasonbornne7767
    @jasonbornne7767 21 день тому

    My brother in Christ…. Invest when the economy sucks, invest when the economy is great and everywhere in between.

  • @Waltere66892
    @Waltere66892 21 день тому +27

    I came to the Lord asking for his blessings because raising my son (Joel) was an act of courage despite all the challenges.And the Lord answered my prayers with a benefiting income of $34,000 monthly. To God be the glory,this video have inspired me greatly in many ways!!!!!

    • @Tarryma-n1j
      @Tarryma-n1j 21 день тому

      Hallelujah🙏🙏

    • @Harryfox-i9k
      @Harryfox-i9k 21 день тому

      My advice to everyone is that saving is great but investment is the key to be successful imagine investing $15,000 and received $472,700.

    • @Grayoakley-k1m
      @Grayoakley-k1m 21 день тому

      wow this awesome I'm 47 and have been looking for ways to be successful, please how??

    • @PatrickFogarty-de9dq
      @PatrickFogarty-de9dq 21 день тому

      Unfortunately, not all of us were financially literate early. I was 35 when I finally educated myself and started taking steps. I went from $176,000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and over $1000,000 net worth. I know that doesn't SOUND like a lot, but I'm incredibly proud of it. Now I'm fast-tracking my wealth building (investing $400,000 annually) and don't owe a dime to anyone. It's a good feeling!

    • @Scott32185
      @Scott32185 21 день тому

      Making touch with financial advisors like Elizabeth Regina Nelson who can assist you restructure your portfolio, would be a very creative option. Personal financial management will be crucial to navigating the next difficult times

  • @Bbfishman
    @Bbfishman 21 день тому

    dude has $10,000 put away in a trust fund for his kids and says "they're taken care of"....brother, that isnt gunna be worth what you think it will be

  • @maydachristie7318
    @maydachristie7318 21 день тому +1

    This call gave me goosebumps!😢

  • @joshlonon2614
    @joshlonon2614 17 днів тому

    Damn he inherited his house too🤣

  • @DMBVR4
    @DMBVR4 19 днів тому

    This might be the most annoying caller they've ever had on air

  • @partytimeproductions420
    @partytimeproductions420 21 день тому

    Amazing! We all need a voice of reason like that

  • @david37376
    @david37376 19 днів тому

    I feel bad for him. You can tell that he is completely stressed out.

  • @ek6007
    @ek6007 21 день тому

    The right day is January 13

  • @cscorona1
    @cscorona1 21 день тому

    This person shouldn’t even be thinking about the stock market. They obviously have very little risk tolerance, and it sounds like they could certainly shore up their emergency fund. This money should go directly into a HYSA or a bond fund.

  • @davidbrooks8809
    @davidbrooks8809 21 день тому

    Stop paying property taxes and see what happens😮😅

  • @MetalGearShredding
    @MetalGearShredding 21 годину тому

    "Should i invest or wait for the economy to do its thing?" Lmao

  • @todd2456
    @todd2456 21 день тому

    This guy is nuts.

  • @ardaisldar6758
    @ardaisldar6758 10 днів тому

    Perhaps better to not interrupt the word of the audience.

  • @johneliss
    @johneliss 20 днів тому +180

    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.

    • @ReuletRikki
      @ReuletRikki 20 днів тому

      I'm celebrating a $30k stock portfolio today. started this journey with 6k. I have invested on time and also with the right terms now I have time for my family and the life ahead of me

    • @masterotrunks
      @masterotrunks 20 днів тому

      The very first time we tried, we invested $1000 and after a week, we received $7500. That really helped us a lot to pay up our bills.

    • @jadewashington7
      @jadewashington7 20 днів тому

      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

    • @Arlingtongeorge
      @Arlingtongeorge 20 днів тому

      I'm new at this, please how can I reach her?

    • @aarizphilip
      @aarizphilip 20 днів тому

      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

  • @YavuzTuba-n6q
    @YavuzTuba-n6q 21 день тому

    XAI500K$ and AERO will be huge.

  • @Ryan_DeWitt
    @Ryan_DeWitt 21 день тому +19

    Be careful investing. You might be taking money away from women and children who can't invest.

  • @NiklasBorjesson
    @NiklasBorjesson 20 днів тому

    Buy $KEYCAT and $PICA

  • @Steve-lk1eb
    @Steve-lk1eb 21 день тому +2

    You wouldn’t wait hoping it would improve so you can invest, you would wait if you’re hoping for a pullback because of all these record highs.

  • @hughgerhart4011
    @hughgerhart4011 21 день тому +2

    Sounds like he voted for Harris

  • @wellIGuessSo
    @wellIGuessSo 20 днів тому

    Writting a letter to a dead mom is a children’s advise let’s be honest

  • @tate6809
    @tate6809 18 днів тому +1

    This guy's brain is his own worst enemy

  • @RobertRoberts329
    @RobertRoberts329 21 день тому +1

    Time in the market beats timing the market.

  • @thejakelegion
    @thejakelegion 20 днів тому

    I despise when this show treats people like idiots for being worried about where things are going or for hoping things change. This guy might be WRONG, but he's no fool for thinking this through and stop acting like the whole world "knows this".

  • @leadfootlee4332
    @leadfootlee4332 21 день тому +3

    36k? Does his wife work at McDonald's. I'm very curious what a grown woman with 2 kids does for money

  • @jasonleatherwood2172
    @jasonleatherwood2172 21 день тому

    If his kid is special needs he needs to get a part time job working 20-25 hours at home depot whereever and get that kid a long term care insurance plan they aint cheap but they gonna need it one day

    • @bko2613
      @bko2613 21 день тому

      Who knows maybe they already have one through the wife's job?

  • @Travsvic
    @Travsvic 21 день тому

    Dave needs to stop talking down on people who live with their parents. He says he's for God and giving to cherrity but then judges people. That's not professional and thats not how you get more listeners for your content.

  • @TheJacali
    @TheJacali 19 днів тому

    Dude needs to chill. Best advice was to park it in a high interest savings account. And not make any big decisions right now.

  • @TheDiehardall
    @TheDiehardall 20 днів тому

    Bro wants to be financial secured on $ 40,000 …… that’s too small …… that his emergency fund …..

  • @Sizukun1
    @Sizukun1 21 день тому +3

    Having life insurance on your children seems... kinda gross somehow. He mentioned one was special needs which we can all extrapolate from that but still somehow doesn't feel right.

    • @jacobg8640
      @jacobg8640 21 день тому +2

      I don't think it's usually much. Just enough to help with funeral costs and maybe medical costs that might have been incurred right before death.

    • @newsflash7609
      @newsflash7609 21 день тому +1

      Life insurance on kids (or any non-income earner), as a concept, is for people who don't understand what life insurance is really for. It's to insure against the risk of the lost of the income from that person's loss. If you want to make sure you have enough for things like funeral costs and such for what is statistically a very rare event, just take your premium payments and stick them in a jar somewhere. The amount is typically not catastrophic (which is the reason to get insurance) and can be adjusted, as needed, if necessary.

    • @johnhenderson1760
      @johnhenderson1760 21 день тому

      @@jacobg8640 I have $10,000 on my children and and $10,000 on my wife through work just for those reasons. Combined, the premiums are $0.75 per biweekly paycheck. If it weren't that cheap, I probably wouldn't have it.

    • @strangeroamer3219
      @strangeroamer3219 21 день тому

      Have you seen those people who hold fundraisers and sell food for funeral costs of a dead relative? You don't think they are sick for selling do you? Well, some people want to be prepared for such a tragedy. God forbid they ever need to cash on that insurance policy if their kid dies but if they do need to, it's there.

    • @Sizukun1
      @Sizukun1 21 день тому +1

      @@strangeroamer3219 Thats basically what an emergency fund and 6 month fund is for, is it not?

  • @vickie_hearne
    @vickie_hearne 20 днів тому

    I'm stressed listening to Mr. Adderall....jeeze already

  • @BaconMountainMan
    @BaconMountainMan 21 день тому +10

    This guy is trying to solve for so much that he's completely missed the fact that the stock market has been going up like a banshee over the past few years.

  • @NEDWhitcomb
    @NEDWhitcomb 19 днів тому

    Now is probably the best time to ape in ICOs like Alemio Network, before real alt run begins!

  • @ToastbackWhale
    @ToastbackWhale 21 день тому +43

    “Should I wait to buy until prices are higher??” 🙄🙄

    • @ClubMeerkat
      @ClubMeerkat 21 день тому +1

      buy high sell low

    • @dacokc
      @dacokc 21 день тому

      @@ClubMeerkatthen write off your losses on your taxes! This kid is a genius!
      Like the people that buy hotel rooms, not stay in them but collect the points to get a free room as a “reward”.

    • @scubadivingadventures1
      @scubadivingadventures1 21 день тому

      Agreed, people that stupid should really stay out of investing. Now is literally the perfect time to invest. Specifically, yesterday was perfect- very low

  • @DAVIDBenson-q7k
    @DAVIDBenson-q7k 21 день тому

    Depends on your finances . 1000$ in XAI500K is 4000 XAI500K if it goes to 50% of ath in 2024 thats a 600% gain. If it goes equal to ath . Its a 1200% gain.