More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.
@phillogan127 күн бұрын
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
@carolpaige227 күн бұрын
That's correct. At first, I wasn't too pleased with my gains compared to my previous performances, I was doing so poorly, I thought I needed to diversify into better assets, so I got in touch with an investment-advisor. That same year, I pulled a net gain of £550k, which is about 10 times more than I average on...
@frankbarnes2227 күн бұрын
Lately, I've been researching advisors, but the market updates I've encountered haven't been very positive. Who's your guide?
@carolpaige227 күн бұрын
Carol Vivian Constable 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.
@frankbarnes2227 күн бұрын
I searched for her complete name on the internet and located her page. I then sent an email and scheduled a meeting to converse with her; now, I'm awaiting her response.
@DonaldMark-ne7se2 ай бұрын
Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
@JacquelinePerrira2 ай бұрын
Things are strange right now. The US dollar is becoming less valuable because of inflation, and other powerful nations waking up to trade in their own currencies. Good thing is, a lot of people still turn to the Dollar because of the safety is somehow assures. I'm worried about my retirement savings of about $420,000 losing value because of these factors and more. Where else can we keep our money?
@kevinmarten2 ай бұрын
It's a delicate season now, so you can do little or nothing on your own. Hence I’ll suggest you get yourself a financial expert that can provide you with valuable financial information and assistance
@Jamessmith-122 ай бұрын
Very true! I've been able to scale from $50K to $189k in this red season because my Financial Advisor figured out Defensive strategies which help portfolios be less vulnerable to market downturns
@JacquelinePerrira2 ай бұрын
I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you?
@Jamessmith-122 ай бұрын
'Carol Vivian Constable, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
@williandouglas81402 ай бұрын
Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid economy crisis, and even pull it off easily in favorable conditions. Unequivocally, the collapse is getting somebody somewhere rich
@gregsoncuellawade2 ай бұрын
I totally agree, 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
@wilhelminatobias2 ай бұрын
The issue is people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt. Ideally, advisors like Stella Cornwall are reps for investing jobs, and at first-hand encounter, my portfolio has yielded over 300% since 2020 just after the pandemic to date.
@williezeal2 ай бұрын
Stella Cornwall is really a good investment advisor. Was privileged to attend some of her seminars that's how I started my own investment.
@vrandonfinn2 ай бұрын
Her insights and strategies have been helpful to most of us. Remember, success in trading and investing takes time and effort.
@scottjames80322 ай бұрын
I'm a bit perplexed seeing her mentioned here I also Didn't know she has been good to so many people too this is wonderful, i'm in my fifth trade with him and it has been super.
@ryandiesel91682 ай бұрын
Body cams for politicians.
@Spirit-FilledMindset2 ай бұрын
We are currently in a depression. Have been for over a year and a half. The recession was in 2022. The bad data made it look like we weren't.
@mikemcglauflin89852 ай бұрын
Yes. The '08 recession was actually the depression start.
@nimeshpatel60062 ай бұрын
That is such a ridiculous statement. At best, the economy is soft.
@brandoninhofer65922 ай бұрын
Wierd thing was everywhere was hiring. Jobs everywhere, wages up all across the board.
@brandoninhofer65922 ай бұрын
@nimeshpatel6006 Horrible take. You probably believe Bidet was crushing it. 😂
@BreezybriefswithBrooke2 ай бұрын
Ty ! Ty ! To the original poster of this comment, I am currently living out of a car and I was living in $1 million mansion pre-Covid 😂 Most of society are floating down the deNile river .. but when The Homes start getting foreclosed on( already started)maybe ppl Will wake up. Just this past week, California released new numbers… home foreclosures are up 41% and the unemployment rate has now spike to 4.1…. I’ve been looking for a job for a year, I’ve spent over $40,000 in gas… looking for work in other states and cities, I’ve interviewed at over 350 jobs, no one is hiring!!! No one. But not only that, companies are going out of business left and right… laying off tens of thousands of hundreds of thousands of people. We are so screwed… did I mention that 79.6% of Americans are living paycheck to paycheck and financing they’re complete lifestyles on credit cards, as if we’re not trillions of dollars in debt 🤦🏼♀️lord help us 😢
@TX24k2 ай бұрын
The government should’ve never bailed out Silicon Valley bank
@davidallen26822 ай бұрын
Yes this was the start
@user-dc6ut5uu3t2 ай бұрын
Yes, the government bailed out Silicon Valley Bank (SVB) in March 2023 in an effort to restore confidence in the US banking system and prevent a catastrophic blow to the tech sector. The FDIC and the Federal Reserve took emergency action to backstop SVB's debt and guarantee all deposits, including uninsured ones. The FDIC also set up a liquidation facility to sell SVB's assets and repay creditors. IT'S FAILURE WAS A WARNING.
@Peace-nz3jx2 ай бұрын
Sillycon Valley controls Gov
@jasonrobertson84872 ай бұрын
@TX24k The government should have never bailed ANY of the banks out when the crisis emerged from their own negligence and fraud. The collapse of 2007 saw 3.1 million Americans lose their homes while the bankers were REWARDED with tax payer dollars. If we didn't do something then....we never will. We are spineless cowards that let a predatory system run over us at the expense of everyone.
@kifkroker64832 ай бұрын
Would you have felt the same if you had money in the said bank?
@otrdriver59172 ай бұрын
Large part of this problem is. Fraud in the property taxes. The government would up your property every year for more tax collection for comtroll. This also gave people a faulse equity. Which created more construction loans,2nd mortgages, vacation loans.
@starsapphirelee57142 ай бұрын
This is my big fear about moving out of California!
@mikemcglauflin89852 ай бұрын
Yeah, hard lesson after '08. The first people to start looting and pillaging were those involved in govt.
@thehark62472 ай бұрын
FRAUD EVERY FUCKIN WHERE EINSTIEN
@myob35742 ай бұрын
government is the problem...constantly creating and raising taxes to enrich the insatiable beast(government)
@rachelroseg17752 ай бұрын
This is happening bad in Wisconsin too
@clffeingold2 ай бұрын
Bad data is everywhere. Pretty sure this ends very badly.
@Therulerof722 ай бұрын
Are you referring to real estate mindset who has been calling for a crash year after year?
@matthewcastillo99512 ай бұрын
Nonsense. Economy has never been better and the job market is the best it’s ever been. Now is the best time to buy a home.
@trasheikcroom44392 ай бұрын
Lol i hope u are jokeing. Cause you cant be serious@matthewcastillo9951
@littlebitmckee82342 ай бұрын
Thank you so much! You are really helping young families with your videos. This is the group that breaks my heart during this financial time. They are struggling so much and they have little ones that depend on them. We need to pray for them and provide good education like you provide, thank you for all you do
@GoldenYears202 ай бұрын
We need to Stop this Mess. Don’t Re-elect any Federal or State Legislators. It’s time to change Personal and send the present Legislators Home.
@rmcsonics2 ай бұрын
Name them...? otherwise wtf....
@THEGUYURWIFESAIDDONTWORRYABOUT2 ай бұрын
Commacho for president
@gretchenlook6282 ай бұрын
Banks are so guilty in everything including stealing your money
@BreezybriefswithBrooke2 ай бұрын
They absolutely stole mine. I can deposit cash, and it takes a week for it to clear.😩 sending me into overdraft🙄 Apparently there’s been multiple banks that have been sued doing this to people who are already coming from impoverished, poor backgrounds. Another way to keep the poor ..poor.
@NicholasAdamDemonte2 ай бұрын
Banks are not the problem, government is.
@cashkitty34722 ай бұрын
If you think the banks are bad, the government are worse
@actually50042 ай бұрын
@@NicholasAdamDemonte There's a common denominator that includes media conglomerates too.
@NicholasAdamDemonte2 ай бұрын
@@actually5004 Agreed
@SaveManWoman2 ай бұрын
Market is always 6 months behind. It’s about to show lipstick coming off.
@dinapage12 ай бұрын
TRAV!!!! THIS VIDEO IS SPOT ON!!!! THANK YOU FOR CALLING IT ALL OUT! BEST VIDEO!!!!🙏🤗 The Bush video everything. ALL SOUNDS EXACTLY LIKE THEY ALL DO!!! Then, now and so on. The circus continues! Did you all hear it? SOUNDS EXACTLY THE SAME AS NOW!
@everceen2 ай бұрын
I have $200K in retirement account, yet can't afford a house in the suburbs here around NY, obviously something needs to break or no house will ever get sold again except mansions to CEOs. I now look to the stock market to boost my reserve, and buy a home afterwards.
@garrickhunter-o4e2 ай бұрын
Unexpectedly for most Realtors, homeowners and home sellers, the debt ceiling crisis may result in upward pressure on interest rates, that’s why I always delegate my excesses with the help of a financial advisor
@beautifulpeoplealways2 ай бұрын
I couldn't agree more, dabbled in stocks at first 2019, but sold off like every other amateur early 2020 due to the pandemic crash, shortly afterwards, I got fully invested using an advisor this time, my portfolio has maintained balance growth ever since, and as of today, I'm barely 25% short of hitting a 7-figure ballpark goal after subsequent investments.
@vancoker-t6z2 ай бұрын
everyone says the stock market is geared towards long-term investments, yet results like this gets me fascinated... mind sharing info of this professional aiding you please?
@beautifulpeoplealways2 ай бұрын
Personally, I've stuck with ‘’Katherine Nance Dietz” for 4 years now, and her performance has been consistently impressive. She’s quite known in her field, you can confirm her on the internet.
@J.woltz482 ай бұрын
thanks for sharing, I must say Katherine appears to be quite knowledgeable.. just copied and pasted her full name on the web and at once came across her consulting page, no bs!
@mikemcglauflin89852 ай бұрын
I'm gonna be the jerk here. Debt securities ARE NOT LOANS! This is money creation.
@sammythompson36942 ай бұрын
I have two cards with Capital One one balance was 3,266 the other easily paid off if it wasn't for the former. The card companies sent offers for 12 months interest free until my bank sent an offer for 18 months. A vp at my bank set up the transfer, because she did a lot and had to speak to someone in Charlotte more than I could do. Now I pay the bank card 200 monthly and when the other card is zero I'll pay 300. The important part is to quit charging on the card while paying on the balance. Using a credit card is like having a payday loan.
@user-qb8qm4mp5n2 ай бұрын
A mortgage broker I used to work with when I was in real estate called me one day in 2014 and said they could give loans to borrowers with a 48-49% DTI ratio. The Dodd-Frank Act was already in place by then. I didn't work with him again because he seemed desperate. This practice probably contributed to the 2016 housing bubble start that you've talked about. By 2016, all of my client home buyers were priced out of the market and many people had not recovered from the GFC. Believe me, when this thing sinks the Realtors who put people in homes they couldn't afford will be nowhere to be found. Keep educating, Travis. 👍
@sugadre1232 ай бұрын
Thank you for being one of the few good realtors. Alot of them will have to hide
@starsapphirelee57142 ай бұрын
Another weird thing that was going on after the '08 housing crash was the unwillingness of lenders to underwrite homes in areas with a lot of foreclosures. My friend had a good job and a good income, but was turned away from most homes she looked at because of the amount of empty, foreclosed homes in those neighborhoods!
@asnark71152 ай бұрын
That's because they were buying the lots and buildings for themselves to re-develop and re-sell?
@DoubleOhSilver2 ай бұрын
@@asnark7115 yes, sort of, that's actually too much work for them to do. They took the money they were given (to lend out) and instead bought bonds that the Fed was buying. The Fed was buying to push prices back up after the crash, but the banks saw those bonds were more profitable than lending out money. This is also why MBS's kept going up in the early 2010's as shown in the video.
@jonathantaylor69262 ай бұрын
I wonder how much of a downpayment she had? Banks didn't know how low price were going to go so they wanted bigger down payments. And the job market was bad so the banks were worried she would have a hard time finding a new job is she got laid off.
@sugadre1232 ай бұрын
@@DoubleOhSilverFed was trying to push up back the prices. This really pisses me off
@Wayfarer8892 ай бұрын
@@jonathantaylor6926exactly right. I work for a brokerage that specializes in forclosures, and we were in one of the worst foreclosure cities in the country at that time. We did not see this problem very often, but yes, high foreclosure neighborhoods were very risky at the time.
@MsTuliplady2 ай бұрын
We just bought our first home. In our 40s. It's a small fixer upper with a huge yard. Whatever happens in the market, we will be comfortable. That's the goal. We've always had cycles. People that held on in 2007 whenever told them it was a huge mistake saw their home values double 15 years later... Make the best natural choice for your family when you are ready
@House_hacker_6192 ай бұрын
Congrats!!!. I bought my 2nd property in August 2022 for 685k with rate of 4.375. A lot of my friends and family thought I was stupid and crazy to buy. Now the house is worth 860k and I save over 100k by not paying my mortgage. Thanks to the 2 rental ADUs on current property. It feels good when I rub it on their faces 😂. Now waiting and saving for my 3rd property. I’m planning to buy next year after I paid off the 1st rental or march 2026 when I retire from military. I have 2 houses with 3 rentals if you include ADUs and make 6k per month. With current rental cash flow and military retirement. I have option not to work or invest for the rest of my life😂. Just fishing and enjoying life not worrying about the doom and gloom.
@House_hacker_6192 ай бұрын
If I listened to negativity not only I throw over 100k on rent. I also missed out my current rate of 4.375 which I consider asset. It’s more expensive to buy in San Diego due to higher prices and interest rate.
@MsTuliplady2 ай бұрын
@@House_hacker_619 even interest rates don't really matter. The difference between a 7% and a 6% rate in $300k loan is about $200 a month. That's it. Wait years for a lower rate, or live in a rental that a landlord can raise that same amount every year. Rates don't matter if you plan to aggressively pay it down anyway. But something affordable if you can, and build your lives...
@mq9952 ай бұрын
Travis, this is irresponsible. Stop the doomsday propaganda.
@Investormillard2 ай бұрын
@@House_hacker_619rapture gonna distrust you’re little plan!😅
@shanedavison74732 ай бұрын
Housing is so expensive that I may just buy a van or RV to live in for retirement which is around the corner for me.
@utpharmboy20062 ай бұрын
if you build a relatively cheap steel building to keep the camper in it will help a lot with heating/cooling, extra storage and extra security plus an indoor space for your car. will also keep your camper like new.
@nathanfranck58222 ай бұрын
Land + Steel shell + RV. Sounds awesome...
@DirtyLifeLove2 ай бұрын
Then you need to pay rent to a even park, maintenance, and even if you bought land you have to check if state, county, city allows rv on lot
@OzzieBird2 ай бұрын
I bought my home in January 2020. Today is August 2024. In that short time my property taxes have my mortgage payment up 10%, my electric utility is up 25% and my natural gas is up 20%. That is what is hurting me the most.
@gergojonas8282 ай бұрын
"I don't trust the data" .. "let's see the data" 🤷♂️
@tedbear60122 ай бұрын
There's some honest data out there
@starsapphirelee57142 ай бұрын
I don't know why people are so determined to live beyond their means. I guess they didn't grow up poor enough to learn to look out for their realistic futures. I know i did & i still have the house i bought in 2001, even though I lost the decent job I had then. And never got another good job, but I don't live beyond my means so I was prepared to be unemployed when I bought the house. That is not what many peoplr do. It's as simple as that.
@dennistupper82622 ай бұрын
Its called Keeping up with the Jones...
@bluestaticsvs96102 ай бұрын
yea you cant trust loan lenders. i make 50k a year and they approved me for a 250k home loan. I was telling him that doesnt seem right. but he just wants to get me into crippling debt
@cultleader35722 ай бұрын
I make $65,000 a year at 27. And was approved for $195,000 . I have no debt of any kind too
@jimtillapaugh55512 ай бұрын
Great job on getting information out Travis 🎉
@deaddocreallydeaddoc52442 ай бұрын
Increases in property taxes and insurance cause my mortgage payments to increase every year.
@jonscrivner90872 ай бұрын
In San Diego, two homes in my North County inland neighborhood, went under contract in 5 days and well over asking.
@midirok2 ай бұрын
North County coastal is the last affordable beach area in SD county without Tijuana sewage spillover. Everything thing else on the SD county coastline is massively inflated and holding.
@vincezetti72162 ай бұрын
take a drink every time he says “you guys”
@davidrisselada61992 ай бұрын
I am constantly bombarded with calls from people wanting to buy my house. I have always suspected a shady purpose. I understand full and well that they want us to "own nothing and be happy." I am glad I bought a very cheap house. I don't like it sometimes, but I can afford it. I have also wondered why it shot up in value so quickly. I do not believe it is worth what the assessors are telling me. Thanks for these vids.
@mbormann60462 ай бұрын
The big corporations will get tax breaks and are self-insured so there is no way homeowners can compete with them. I have seen more vacant and homes for sale than there were in the 1980's Texas real estate crash.
@nastypiglosi17882 ай бұрын
They also get lower rates on loans
@angrydragon45742 ай бұрын
I'm glad you brought back the old intro.
@tonycerviver21232 ай бұрын
That is what I kept telling my tenants, if you don't pay the rent, we are both out of a house.
@deaddocreallydeaddoc52442 ай бұрын
People who depend upon a rental to pay for the house shouldn't have gotten the loan for that house to begin with. Anyway, if you lose your extra house in a recession that is no different from a small business going under.
@jeddill32722 ай бұрын
Thank you so much for all the data you bring to us super great. I've noticed some of the videos are a little blurry might want to back your camera up a tiny bit thanks
@wxieqdsiwevbks2 ай бұрын
Go to your KZbin settings
@Vashti08252 ай бұрын
I work in default mortgage servicing and have for 40 years. Front lines. It's a slow burn this time. Values will not crash. If people can't afford the house, they should sell. 90% of fc sales are going 3rd party. Modifications are a bandaid and a set up to fail. The VA is screwing the veterans. Eventually the bandaid will fall off, but most properties have some equity. The cost of living is killing homeowners..that, and the cost of insurance , if they can get it.
@GG-ug9hd2 ай бұрын
That may change after more job losses and another black swan event which I believe is around the corner
@Wayfarer8892 ай бұрын
I work in the foreclosure market on the real estate side, and business is very slow for exactly this reason. There are plenty of buyers out there willing to purchase these distressed properties. However, I do believe we are approaching a serious season of layoffs, likely after a poor q4 when holiday spending turns out to be significantly lower than last year. Already companies are halting new hires. So I do think the housing market will soften when these foreclosures start to increase due to market conditions.
@SirCarlosMusicBMI2 ай бұрын
🎉🎉🎉 Thank you Travis 👏👏👏. This was a great eye opening video. Blessings,Carlos ✝️🙏❤️😊🇺🇸
@davidceron86602 ай бұрын
The real estate industry at this time is like the Wall Street market. The fundamentals are gone. I remember when I first purchased my 1st home with a bank mortgage back in July 1995. Back then the front end ratio was 28%, and the back end ratio was 36% and if now everything is based on risk assestment, then I would say that no wonder why we're in these all asset bubble. Greed and corruption have gotten us this far, and economic fundamentals will eventually prevail, and we all have to pay the price sooner or later.
@austinbar2 ай бұрын
I’m closing in on my retirement and I’d like to move from Minnesota to a warmer climate, but the prices on homes are stupidly ridiculous and Mortgage prices has been skyrocketing on a roll(currently over 7%) do I just invest my spare cash into stock and wait for a housing crash or should I go ahead to buy a home anyways?
@rogerwheelers43222 ай бұрын
Considering the present situation, diversifying by shifting investments from real estate to financial markets or gold is recommended, despite potential future home price drops. Given prevailing mortgage rates and economic uncertainty, this move is prudent, particularly due to stricter mortgage regulations. Seeking advice from a knowledgeable independent financial advisor is advisable for those seeking guidance.
@joshbarney1142 ай бұрын
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
@FabioOdelega8762 ай бұрын
@@joshbarney114 I appreciate the implementation of ideas and strategies that result to unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
@joshbarney1142 ай бұрын
Finding financial advisors like Marisa Breton Dollard who can assist you on things like investing, insurance, making sure retirement is well funded, going over tax benefits, ways to have a volatility buffer for investment risk would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
@FabioOdelega8762 ай бұрын
Excellent share, just inputted Marisa Breton Dollard on the internet, spotted her consulting page ranked top and was able to schedule a call session. I've seen commentaries about advisors but not one looks this phenomenal.
@edmund2j2 ай бұрын
The crazy thing is people are so happy when the value of their house goes up - ignoring the fact that this is a cash cow for the tax collectors. Money created out of thin air. Meanwhile poor homebuyer got sucked in to be the next cow.
@Marty6472 ай бұрын
"Hustle?" That´s America´s problem! Too many hustlers!
@Thelillypadmusic2 ай бұрын
You tell em! I absolutely love how you're spilling mad truth! Keep going!
@lockup61042 ай бұрын
Bonkers you still da man. Mahalo 🌴🤙🏽🍍🇺🇸
@peterburanick87852 ай бұрын
You guys keep up your good work!
@waltersobchak77592 ай бұрын
You hit the nail on the head. Nice work
@durlov52 ай бұрын
I like that you actually went into the numbers and showed us the discrepancy. I was a bit worried for a bit, that you were just talking...
@TT-hm9uc2 ай бұрын
Excellent point . If housing crash, banks are do everything they can to keep that house on the books with some money coming in. They do not want the houses back . This may even cause a worsening housing issues with people stuck in homes
@ElvisSirinBo2 ай бұрын
but on CNN and MSNBC, we are told that the economy is very strong
@ErnestZDodson2 ай бұрын
I don't have cable any more. I don't mind being lied to but I will not PAY to be lied to.
@Grey-y6u2 ай бұрын
and we all know we're getting the honest to god truth
@collinsmack2 ай бұрын
don’t complain about the economy… vote for Kamala and continue to see things get worse
@ErnestZDodson2 ай бұрын
More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.
@Joyce-is7kq2 ай бұрын
Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
@time2eat8502 ай бұрын
Thanks for the info 😎🇺🇸🫡🇵🇭
@chrispaul11172 ай бұрын
Dont bailout speculators
@nalivkin-ls3pg2 ай бұрын
What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.
@Theodore4542 ай бұрын
There are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist
@Freya-jq8mc2 ай бұрын
I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders
@Matthew-mb6oy2 ай бұрын
Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.
@Freya-jq8mc2 ай бұрын
My CFA ’ANGELA LYNN SCHILLING’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
@Matthew-mb6oy2 ай бұрын
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.
@brokernicksassi2 ай бұрын
I did shortsales from 2008 all the way through to 2014. Loan modifications were awful. They would make you default on your payments and still have to pay them all back ruining your credit and keeping you stuck. I was shortselling properties for clients without them ever missing a payment. They were able to walk away in most cases. But they all lost their homes to these big shot investors... or mom and pop investors. They knew how to get around the rules of not being an investor.
@FrankGallagherr2 ай бұрын
Whose life was better a few years ago under Trump.!??.
@BreezybriefswithBrooke2 ай бұрын
Amen 🙏🏼
@mgem16112 ай бұрын
His tax cuts added 4.6 trillion dollars to the national debt
@denniscutting94232 ай бұрын
Yeah lock downs , covid mask, businesses shut down. Couldn't go anywhere, 15 percent unemployment 😅, it was a great time....😮😅😅😅😅😅😅😅😅😅
@GG-ug9hd2 ай бұрын
Trump is a part of the establishment giving you a hero a false hero who will trap you! When will we learn that these people are selected!!!
@REWatchman2 ай бұрын
Interesting to hear that Bush quote!
@scottycooper83032 ай бұрын
1 of your best videos in a while!! Thank you!!!
@BradBowler-u1i2 ай бұрын
Thank you for caring about the Americans community to help us out,to stop the fraud.
@DogWater20112 ай бұрын
Just when I'm starting to feel relaxed the last couple days and BOOM!!!! SKY IS FALLINGGGGGGGG!!!!! I'm like huh@ what@? When!? Where!? AAAAAAAAA!!!!! BONKERS!!!!
@SeanEustace-zk3mc2 ай бұрын
You Gen Xers kill me there goes my brand new elevator, bonkers, baby bonkers
@kidwichita2 ай бұрын
@@SeanEustace-zk3mc dumbest comment ever zoomer
@judithstapleton742 ай бұрын
As the economy of the US has converted to debt-based rather than industrial or product-based, the debt, which has nothing in it but air(it will never be paid and must always grow to keep the US rich snd powerful in the world), cannot support people who only earn enough to just barely live. Those people are expected to die, and not leave a mess!
@parler86982 ай бұрын
Vintage opening 🎉
@evvalynnv74142 ай бұрын
You are exactly right. We Americans living as permanent residents in Australia kept asking how the Yanks could buy houses so easily; comparing one dollar against the other, wages against what we could earn etc. unbelievable! We came, (I)came with my kids in 1973 and over the years always remained 'below' the poverty line. Now that I have the wisdom of age and experience, our whole family still can't afford a house; one of my sons works in his own business, which means we can't borrow, but we never relied on credit.
@sweendawg72742 ай бұрын
Simple solution. 1 house per family. No renting. All done
@rachelm42152 ай бұрын
How are we determining who’s getting the mansion vs the shack?
@vincentsnow84362 ай бұрын
@@rachelm4215 i’m the decider
@rrssmooth66432 ай бұрын
Love your videos.
@victoriaz91562 ай бұрын
Yes the intro is back!
@starsapphirelee57142 ай бұрын
The base value of a home is the cost to rebuild the same home.
@mgem16112 ай бұрын
Rebuilding a home in a year is going to be cheaper
@mhodge08902 ай бұрын
But if we spend what we have McDonalds and Starbucks will go out of business Travis 😂
@byronmcdougald65692 ай бұрын
You brought your intro music 🎶 back 💯💯👊
@cardboardboxification2 ай бұрын
Everyone max out that credit, Let's make this credit boom a full collapse
@tahtahbangbang2 ай бұрын
When does HUD release their delinquency rates?
@AlexLopez-ee8un2 ай бұрын
1st comment!! I’m hoping to buy maybe in Texas next year. We’ll see.
@rccalhoun2 ай бұрын
if you have a job
@starsapphirelee57142 ай бұрын
I wouldn't do it- their property taxes are making people give up their homes! Government fraud has to be paid for...
@petrawagner49462 ай бұрын
Get ready to pay through the roof for extremely blown up property taxes that can tax you out of your home. It's arbitrary alleged market values at which you never sell your house.
@AlexLopez-ee8un2 ай бұрын
@@petrawagner4946I agree, that’s why I’m gonna be very cautious. I’m very fortunate and have a high income but I’m still not willing to pay unrealistic home prices.
@Investormillard2 ай бұрын
Tx sucks don’t buy here unless you want to be a lifetime debt slave!😊
@midirok2 ай бұрын
W is part owner of the FED and he’s helped the cover up of the asset grab that the FED continues to instigate, cover up and repeat.
@davidybarra77132 ай бұрын
What can we do as as a homeowner what can we do they don't listen they just said there's nothing that we can do about it so where do we go we don't have money to do them to sue them
@davidwhitaker74122 ай бұрын
Many friends were in the Appraisal Business until after 2008. If they didn’t give the value of the sale they were threatened with losing their license
@DRventura3332 ай бұрын
Shame Shame on Every State municipality that is grossly fleecing the Elderly, Veterans, Retirees and Homeowners with egregious property tax bills! Where are the State representatives to put a stop to this egregious ABUSE by city/county tax assessors??!! People ARE losing their homes of 60 plus years ownership! Even when homeowners files an appeal, the tax assessors use comps from other areas to justify the fleecing property taxes. They all work with each to fleece the poor homeowner. Homeowners who simply upgraded their aged homes are overcharged property taxes on their homes. WHY does someone 60 years old, who has one home have to pay Property taxes?! WHY SHOULD homeowners have to pay ridiculously high property taxes to compensate for commercial buildings not paying their property taxes!!!? The municipalities MADE the BAD investments and allowances to those businesses NOT the Homeowners!!! How can these crooked tax assessors be allowed to overvalue someone's property by hundreds of thousands of dollars, when they are not investors and those homes are their only homes. NOT ALL States have HOMESTEAD, not sure WHY??? But Why should an elderly person, over 60 years old, who only has one residence, be charged $30,000k per year for their home! Anyone 60 years of age or older should not have to pay property taxes at all for their paid off homes as that is their only residence. Property Taxes, HOA Fees, Condo Fees, Overpriced homes, are making hard working taxpayers lose their only property (Home, Condo). How can it be legal to suddenly raise Condo fees by 40%. How can it be legal to raise HOA Fees by 50%. Many areas are becoming like Detroit and Mississippi - desolate and empty as the working class is continuously fleeced in these manners. The vile tax assessors are getting multi-year promotions using Taxpayer dollars because these tax assessors ARE Overvaluing people's properties to bring in money to the municipalities. They don't care that people end up homeless (many veterans and elderly) or their home comes into foreclosure because they had to borrow against equity and credit cards; work jobs at their old ages to try and pay their property taxes or HOA or Condo fees. Where are the State representatives to put a stop to this madness??!! STATE WIDE LAWSUITs AND INVESTIGATIONS MUST BE SUBMITED BY ALL HOMEOWNERS. WHY DON'T ALL STATES OF THE UNION HAVE HOMESTEAD!! Just shameful and egregious abuse by the municipalities Mayor's and city employees
@JasonRatzlaff2 ай бұрын
Have you overlaid the foreclosure data from when the Sahm rule was triggered in GFC to where Foreclosures are now where the Sahm rule has been officially triggered? It would be interesting to see where Foclusures where in GFC when Sahm was officially triggered vs where it is today. That could be an interesting video in itself.
@dilatedtime2 ай бұрын
You say “let’s just stop borrowing money and only spend what we have”. Do you think the average American has $300k+ sitting in their checking account to buy a house? Come on man. Let’s be real here.
@Love4puppies2 ай бұрын
Thanks for all the data:)
@CrashBr02 ай бұрын
I'm confident I'm going to be handing out some "told ya so's" to people that didn't believe within a year or two.
@SeanHynes2 ай бұрын
Thank you for this great perspective my fan!
@KathleenDenby2 ай бұрын
I trust myself we are heading 4 a depression so we have to get ready and get things paid off l filed bankruptcy believe me if your not when u file u will b when they get done with u
@COURRUPTIONCOIN2 ай бұрын
Sad thing is.....if you didnt buy a house where you complety understood how it was built.... Good chance you bought something which is Not worth prictag. And price = Convulsions in Property taxes........
@useall76652 ай бұрын
Rn, all stocks are frozzen from sale, its starting😊
@CK-ie4hp2 ай бұрын
I work for a big nyc bank and we are heavily invested in MBSs
@stevendekold45792 ай бұрын
Just found you, great video. Thank you.
@davidybarra77132 ай бұрын
And that fraud makes my taxes outrageous so I'm screwed I can't sue them because I don't have the money and I don't have money because of property taxes so what kind of homeowner do that's the problem
@paulsaragosa3712 ай бұрын
Bugga bears is chasing you around the clock ⏰️ song 🎵 by Bill hail y and the comets
@richg14412 ай бұрын
Cant wait
@HH-jq2gx2 ай бұрын
The bias and dishonesty was demonstrated beautifully in the film ‘The Big Short’ where the lady with the huge sunglasses was honest for a moment and said something along the lines of… If we don’t give them a triple AAA they will go down the road to the next agency and they will. So dishonest!! They should have been jailed after 2008.
@Annajsee2 ай бұрын
1:52 exactly
@droubal2 ай бұрын
Great video Travis. You have come upon a huge issue that will hopefully motivate voters to look closer at the people we vote into office. Don't vote in another person who just goes there to get rich. Vote in people that understand these problems and go there to raise hell. That is for state and federal legislators.
@riedodenise12362 ай бұрын
All explained in detail in THE GREAT TAKING.
@drostly32202 ай бұрын
I have a friend that lived in his house, in default, for like, 6-8 years.. He then was given $100's of thousands off of his mortgage and no negative reporting.. He got rich off the this racket... They even paid the property taxes during the default period..
@amberb88762 ай бұрын
In what state?
@drostly32202 ай бұрын
@@amberb8876 That was Oregon.. Southern
@MavRick692 ай бұрын
This is all absolutely bonkers. Time to have another drink 🍹 and chill.
@Donotoverleverage2 ай бұрын
3:31 you weren’t blindsided. You over leveraged and lived above your means.
@youngj002 ай бұрын
Keep the content coming!
@markcotter23552 ай бұрын
This was BonKeRs! Maybe the media will get us out of it. 😂
@kdl02 ай бұрын
Dang, I concur with G Dubs 😂
@kittenvideos2922 ай бұрын
Great video
@westsidesjvalley2 ай бұрын
Believing the data today is like believing what the Fed Chairman said to Congress on March 28, 2007. (The) “Housing (foreclosure) crisis is likely contained to a few overheated markets.” If you were in one of those markets that was overheated where investors owned multiple homes and values had doubled in the previous few years. You already knew how bad it was, especially if you had a teaser rate that was readjusting. What people didn’t know was how far the knife would fall, and what would happen to the rest of the financial system that would cause another wave from sea to shining sea in the following years. The only difference is today you have multiple “overheated” markets. Good thing this time is they all paid cash or have a 2.5% loan.
@FeelingPeculiar2 ай бұрын
Be careful what you wish for. If we have a housing crash, that means that we are in a horrible deflationary recession. You won't care that you can get a home for 30% off, because your net worth has been cut in half. The end of 2024 through 2025 will be horrific, possibly a depression.
@lisalove85262 ай бұрын
Actually, those of us who aren’t in debt and actually save money, will have doubled our net worth, because our dollars will buy 2x. It’s only the people that leveraged themselves that will be screwed.
@DoubleOhSilver2 ай бұрын
@@lisalove8526 exactly, this guy is just a doomer
@starsapphirelee57142 ай бұрын
BUT- INFLATED PROPERTY TAXES and it's hard to get home insurance at all, let alone at a decent rate.
@aolvaar87922 ай бұрын
@@starsapphirelee5714 My State Law Caps property tax at 6% increase, now at $800/year>>> $50/yr increases
@FeelingPeculiar2 ай бұрын
@@lisalove8526Not even close to true. First of all, I make $480k yearly. I should do well in a recession where I can buy more assets. However, a recession will only truly help the ultra wealthy. The bottom 95% of Americans will massively struggle. Is that the country you want? As someone who is taken care, but looking out for our country, I certainly don't.
@TT-hm9uc2 ай бұрын
DTI should be lower or be based on net . Not gross. DTI 43%. Is insane
@coalroller94822 ай бұрын
Heads up i lost everything because of 08, and i tell you when you owe and cant pay they will come after you,take everything,and leave you with nothing they do not care , and this time it will be very very much worse
@jjoo62292 ай бұрын
There have never been more than 20 million unemployed Americans until Covid, yet no sign of foreclosures like2006, meanwhile agents of banks are hounding homeowners to sell. “People without homes do not fight back.” -Banker’s Manual