Gibbs: Markets need a correction but not necessarily one worth 20%

Erin Gibbs, Chief Investment Officer at Main Street Asset Management, discusses a potential market correction and where she's allocating capital. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/42d859g
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[@WillPerry-b7r]

*Your explanations are clear and straight forward It's always a honor to have you here as a mentor, I appreciate you for the time being spent to educate us financially. Regardless of how bad it gets the economy, I still makeover $28K every single week. I truly value Laura, and her helpful guides*

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[@SaviourUmo]

You're right! The very first time I tried, I invested $2000 and after a week, I received $8,400. That really helped us a lot to pay up our bills.

[@MuchParrill]

Interesting! But I'm new here. How can I get to this person's guidelines??

[@WillPerry-b7r]

SHE IS ON TELEGRAMs

[@rapp-in1mz]

Great video, The first $100,000 invested was amazing. But when you hit $300,000 it’s like smashing the glass ceiling! I cried.

[@soniajames-tn4mp]

I completely agree with you! My first 100k took a long time and wasn't that special to be honest with you. Once I hit 300K that is the game changer in my opinion. At this point my money is basically making me a pretty good yearly salary. When I go to sleep at night I know my money is making decent money with the help of my FA

[@Johnmark-iq4gg]

Nice. People often underestimate financial advisors' importance. Over 50 years of data reveal that those who work with advisors typically earn more than those who go it alone. I've been fortunate to work with one for 13 years, resulting in a $1 million portfolio, largely from early investments in AI and other growth stocks.

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I've been considering but haven't been proactive. Can you recommend your advisor? Could really use some assistance.

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"Nicole Anastasia Plumlee" is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.

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I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip

[@kendavies8351]

The stock market is more volatile than ever. recently went "all in" and bought up $80k worth of ETF's & individual stocks, my aim is to take advantage of this S&P 500 downtrend, what could be accurate predictions moving forward? Open to chat.

[@TonyRiley-qb7sw]

There are tools that allow investors to invest in companies before they hit the stock market, multiplying those potential gains that otherwise wouldn’t be available after the initial public offering. That’s what I am up to, steer clear from the equities and bond market, my humble opinion.

[@SamanthaSanchez-sj5el]

I agree, I have used the same money manager for close to 4yrs who have been involved in launching IPOs. We got in fairly early with a modest amount of money. Then it mushroomed like an atomic bomb. We had over 4 m dollars after GME profits in 2020/2021. Inflation has eaten away at the nest egg but we are lucky to have Monica look after it diligently like she has done the past 3-4 years.

[@karenwilliams9653]

Definitely private investing is the way to go. Our government keeps lying. I’d like to earn like that is it a private equity fund or mutual funds investing?

[@kendavies8351]

wow impressive, how were you able to achieve this despite the downturn?

[@zoebakker5211]

this is incredible! how can I vet your advisr, mind sharing info, if you please?

[@DeborahkayFarris]

interesting video. much appreciated

[@KL-ii1xt]

Try 50%

[@letsdanceonhere]

great video. thanks !

[@michaels7258]

Way more than 20%

[@jankrone511]

Only the overpriced wallstreet-darlings - megacap-tech, chipstocks, costco and others - need a 20 percent correction. Most of the other 480 stocks are not expensive.

[@natureboy915]

She's on the wrong side of the trade and is trying to push a crash so she can right size her trades. Lol

[@todorkolev7565]

exactly. I'd love a correction as I cashed in a 4% profit and believed all tthe nonsense about "imminent crash". Now, I learned not to believe anyone's guesses and forecasts

[@georgemaximus694]

The market can easily go up 20% from here

[@DeborahkayFarris]

Amazing video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires

[@Mckenneysylvia]

Same, I operate a wide- range of Investments with help from My Financial Adviser. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with TOMas calez antonio, has been an amazing experience.

[@CashCow-v6l]

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

[@RalphSimpso]

I'm favoured, $90K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America,, all thanks to Tomas calez antonio

[@elaaccqq]

Someone tell her to go easy on the botox

[@amit.oakfield]

Remember folks Everything happens for a reason. Correction is a politically correct term in reality it is profit harvesting by institutions Retail investors pay for this.. Correction my ars