What are you doing to prepare for the upcoming recession? Drop a comment below!
@giffica2 жыл бұрын
Ignore Ray Dalios opinions entirely. Definitley not buying china, like he has for decades. "China will be a world super power" guess Mr dalio is eating those words. Weve been waiting for it to happen and it's only getting less and less likely.
@ProfWho-ut5he2 жыл бұрын
Honestly,.. No idea. It's the old problem. If you have money, it is easy. If you don't have money, there is little you can do.
@user-nj1zu2nf1x2 жыл бұрын
Please stop interviewing out of touch 1 percenters like this. They have no meaningful advice and they just lie. 6 to 12 months ago he was saying the exact opposite
@moirosalina2 жыл бұрын
Make sure I get positive feedback at work, save some of my paycheck, and also stay positive and keep living my life.
@kytoga2 жыл бұрын
Not sure what your thoughts will be on this comment Tom, but I think you would double your impact to others if you became a parent...It would only greatly enrich your heart, mind and life. I'd love to see your spin on things you would present after parenthood. What you bring to the table now, is all fantastic, but as a parent...? Wow! Unfortunately, there is no substitute for this experience.
@cassiejacobs41972 жыл бұрын
Every family has that one person who will break the family's financial struggle, I hope you become the one 😊, Merry Christmas!!
@julietbowden70042 жыл бұрын
Blessings to you ❤
@MsJae-sf2hf2 жыл бұрын
@Hart Thim /
@nutzg74852 жыл бұрын
I plan on being that one to break my family's decade of financial struggle so that maybe one day my kids will not have to go through the same as me. Blessings to all those who want to break this same cycle.
@toughtiffies2 жыл бұрын
I’m in my 30s, and I feel like I’m 16 some days and 65 other days. I’ve been through quite a bit in my life. I’ve experienced a bankruptcy, homelessness, physical abuse, alcoholism, and I lost my spouse to suicide in 2020. I’ve just come to realize that pain is in attachment. Nothing in life is permanent, and learning to stay in that realm of non-attachment allows you to love more and fear less. The reason we have regrets when we get older is due to the things we didn’t do or say; we don’t regret the failures. I spend time with family as much as possible now. It’s not about the years they have left, it’s about how many times you get to see them before there is no more time. Spend time being grateful for the things you have, and the things you’ve taken for granted. There is never a “perfect” time. The time is now. Do it before you regret not doing it, and do it with gratitude of being capable at this time to do it.
@retiredoba28362 жыл бұрын
Thank you for sharing this “Truth”.
@start32152 жыл бұрын
Fate opens the way for you to service for God.
@LucyLane072 жыл бұрын
You are very wise for a young woman in her 30s Thank you!
@buahburke9912 Жыл бұрын
I'm sorry for your loss, been there! Thank you for the well worded reminder!
@Lily-xr2yq11 күн бұрын
👏👏👏👏👏👏👏👏❤❤❤
@erichkraetz26222 жыл бұрын
Money is a way to build and grow. Asset ownership is the way to build wealth. Financial freedom is your ultimate goal.
@alexyoung31262 жыл бұрын
I am aware that continuing to invest during periods of volatility can be a smart way to build wealth. I’ve heard testimonies of people accruing over $250k in this red period. What measures can I take to achieve this?
@checkforme2342 жыл бұрын
It's a delicate season now, so you can do little or nothing on your own. Hence I will suggest you get yourself a professional that can provide you with entry and exit points on the securities you focus on.
@joesphcu89752 жыл бұрын
@@alexyoung3126 The idea of financial adviser aid may seem controversial to some, but according to a recent investopedia survey, demand for financial advisors has increased by over 41.8% since the pandemic, and based on personal experience, I can say with certainty that their skill sets are top-notch. From a sluggish $385K that lacked growth stocks, I raised almost $500k in 18 months.
@joesphcu89752 жыл бұрын
@@lawerencemiller9720 Having a coach is key in a volatile mar-ket, My advisor is "Eileen Ruth Sparks" You can easily look her up, she has years of financial-market experience.
@primneaugajadhar76752 жыл бұрын
IMO there is never financial freedom..there is financial slavery
@comment22502 жыл бұрын
Having the BASICS in life food, clothing, shelter, and good reasonable health are all blessings, everything else is extra.
@HasanZobaer2 жыл бұрын
facts
@ravenswoodwitch582 жыл бұрын
I have started to embrace a simple life. Got rid of the things I think I need and have done with basic necessities and I am actually more content. There getting us addicted to everything, so that when they take everything away ( which they will) your more likely to do what is required to gain back. Embrace simplicity you will be glad you did.
@bobhsohi704 Жыл бұрын
You're one hundred percent right basics
@franknedu4real2 жыл бұрын
With the current problem around the world today I think it's best everyone invest more in digital asset than Saving in banks, anyone you can manage don't live a life with no investment . Just my thoughts
@franknedu4real2 жыл бұрын
Things you can invest In 👇👇 Real estate Stock Crypto Bonds
@harryrichard85902 жыл бұрын
Stocks, bitcoin are falling and bond yields are rising, but markets still don't seem convinced, the Federal Reserve will pursue plans to keep increasing interest rates until inflation is under control. I'm still at a crossroads deciding if to liquidate my $117k stock portfolio, what's the best way to take advantage of this bear market?
@terfastarik96982 жыл бұрын
@@harryrichard8590 you just spoke my mind, all stocks are crashing, bitcoin and others are falling, how can one take advantage of you this time
@dulcerocio47632 жыл бұрын
@@harryrichard8590 Focus on two key objectives. First, stay protected by learning when to sell stocks to cut losses and capture profits. Second, prepare to profit when the market turns around.I recommend you seek the guidance a broker or financial advisor.
@victoriamellor21892 жыл бұрын
@@terfastarik9698 Typically a financial adviser will just put you into standard/tried and true products that are mostly just index funds and ETFs. This has been a down year to invest. If I were you I'd be investing broadly into the S&P 500 and broader index funds, that way you're instantly diversified and you don't have to worry about it too much. Over time, your investment shall grow, just don't get too focused on the short-term.
@Rochelletrem Жыл бұрын
Thank you. Just what I needed to watch. My hubby and I are directors of our farm business and own property, plus small pensions. I am nearly 52, hubby is 55. We have started to save to retire from the farm, and possibly live on rental income, I'd really appreciate you go LIVE and talk about how to earn passive income online and retire comfortably, let’s say $1M.
@DavidRiggs-dc7jk Жыл бұрын
consider financial planning.
@jeffery_Automotive Жыл бұрын
It really isn’t about how much you save, it’s about how you manage your money. Whether you work to earn income or invest, it still boils down to income vs expenses, so yeah you may look into financial advisors for a strategy that suits your timing.
@berkrix4312 Жыл бұрын
I totally agree, I'm 60 and newly retired with about 1.2 million outside retirement funds, no debt, and very small dollars in retirement funds compared to my portfolio balance over the past 3 years till date. tbh, the role of the invt-advisor can only be overlooked, not denied. just have to do your research in finding a reputable one.
@theresahv Жыл бұрын
that's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s the person guiding you.
@berkrix4312 Жыл бұрын
I personally work with 'Julie Anne Hoover’’ she covers things like investing, insurance, making sure retirement is well funded, going over tax benefits, ways to have a volatility buffer for investment risk. many things like that. Just take a look at her full name on the internet. She is well known so it shouldn't be hard to find her.
@joannepoland96642 жыл бұрын
I explained to my struggling son in high school, life is like a chest game (think ahead of each move you make and include all other changes). Always connect yourself with a variety of wise older people. Try to keep your mouth shut and your ears and eyes open (observe others and all life around you). No can ever take away your education…so, become a life long learner. Learn to love yourself and the uniqueness of others because you will need others to meet your unique needs. Life is trial and error, (nothing attempted nothing gained). Sometimes you have to fake it until you make it. Tap into your spiritual self.
@neworleansjoe Жыл бұрын
Biggest lesson of 2022 in the stock market: Nobody knows what is going to happen next, so practice some humility and follow a strategy with a long term edge.
@janeestrada007 Жыл бұрын
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.
@joesphcu89752 жыл бұрын
I used to think everybody went broke during the Great Depression and other major crashes but they didn’t… Some made millions, I also thought everybody went out of business during these times but they didn’t, some went into business, there's always depression/recession for some people and there's always a good time for others, it's all about perspective.
@alexyoung31262 жыл бұрын
First step is discovering loopholes to generate gains during volatility, It is very possible to retire big time from the current market condition without having to hold stocks long term.
@checkforme2342 жыл бұрын
most of these strategies and loopholes are better managed by experts and pros in the market, the average Investor on the other hand are left to suffer during a crash.
@kimyoung84142 жыл бұрын
Well if isn’t that the hard truth…this investment-adviser that guides you must really on to something…who is he?
@kimyoung84142 жыл бұрын
Thanks for the contributions, I just skimmed through Eileen’s Ruth webpage, interesting stuff, wrote her an email.
@ricks80582 жыл бұрын
My great grandmother came of age then. She told me some people lost their farm,the ones over leveraged. Others didn't. Food was local in rural Ohio, she said city people had food shortage she read in paper.
@artsmart2 жыл бұрын
I like Ray a lot. He's one of the most sensible and down to earth guys on the internet today. I'm as old or older than he is and I think Ray would agree, we never had anything like the communication vehicles that are available today. Anyone trying to make it today should kiss the ground for the opportunities laid at their feet. The free education one can access online today is priceless. My generation had to rely mainly on libraries with out of date books and schooling often taught by teachers, who so often, didn't have their hearts in it. Anything beyond that, we pretty much had to find out for ourselves or if lucky, learned from parents or mentors. Brand new ball game today for you young people. All you have to do is recognize this and seize it!
@marcchop79142 жыл бұрын
“Anyone trying to make it today should be kissing the ground” such an ignorant mindset. It’s not all roses in the internet age. There’s the opposite problem now; too much information. In every topic youll see contradictory information these days, just look at the health/fitness realm for example. Still the problem of people who aren’t in it for others and just want to take advantage instead. The problem is actually much much worse with the likes of google, Wikipedia and KZbin. You don’t need to be spitting facts or not scamming to be posting on these platforms, yet people who are trying to learn from nothing are expected to know the difference? Look at this FTX fiasco; the little guy to billionaires got scammed and taken advantage of because the didn’t really understand a new technology/concept. Not because the information wasn’t out there, cause of ignorance. So both come with pros and cons. There were people able to do it back in your day that used the resources at hand that the generation before didn’t also. You should’ve been kissing the ground for that access of info but didn’t yourself. The answers are and have been out there. It is and always has been up to the individual to seek, recognize and seize things
@LuisVargas-ih5vm2 жыл бұрын
In this perilous time of recession, 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. This is for stock holders.
@Steyne9682 жыл бұрын
Unfortunately, most people don't get this, the majority is after chasing tops/bottoms where they fail & get out of the game.
@LuisVargas-ih5vm2 жыл бұрын
@Gregory Feigenberg You can't really know the full risk rate except you are a pro. Reason I settled for advisory from a stocks guru, {Christine Blake Mckale}. Never been the same again with my holdings.
@chrismillson27792 жыл бұрын
@@LuisVargas-ih5vm Same thought when I read the comments from people. as if it's that easy! You can't give what you don't have. That's why as many as who go into the market with little to no knowledge will continue to feel the full downsides of stocks when it happens. I personally need some guide with regards to my portfolio. How can I reach Christine?
@LuisVargas-ih5vm2 жыл бұрын
@@chrismillson2779 If you need advice, look her up on the internet. the truth is multiple streams of income can’t be underrated in times like this.
@Ecclesia.7772 жыл бұрын
Are bank CDs going to be safe if Banks go belly up and the Federal Reserve won't borrow to the govt to bail them out ?
@purplethumb78872 жыл бұрын
Tom, you are one of the best interviewers ever. You show so much self-restraint and respect for your guest by being such a great listener and not interrupting. Well done! Thank you!
@greenpear64072 жыл бұрын
You are spot on!
@annielee62612 жыл бұрын
We are rocking the Dave Ramsey baby steps. So far we've paid off EVERYTHING but our home. (Paid off 70k in debt in 18 months) and are building up our 3 month emergency fund! We plan to be on Baby step #4 very soon! Blood, sweat and tears, and WORTH every minute.
@lor1022 жыл бұрын
Where do I learn about his baby steps?
@granthill29802 жыл бұрын
Never base your happiness on someone else.That includes marriage, kids, whatever. Yes, they are wonderful to be in your life, but true strong happiness is something that has to be based on yourself.
@knightsorder2 жыл бұрын
well said
@mikebrichardson2 жыл бұрын
Something that can never be taken away from you
@sunman42912 жыл бұрын
Yea but u can’t live alone and u will need alliances if things turn for the worst. Ppl would turn on u and by yourself
@caseyvollan85582 жыл бұрын
no being vulnerable and caring for your loved ones however a man can is true happiness men are here to build and to protect to be leaders and to be family men with honor and service and pride not everything is happiness. nothing about being alone and okay with that makes you stronger being able to accept your vulnerability and nurture your duties as a human being and a father or a lover are mans god given gift and blessing life is not about happiness its about purpose and worth and being the tallest fucking tree in a forest of bushes and weeds be strong happiness will come when you discover your strength not the other way around my friend
@cousin_JACK2 жыл бұрын
what really makes a man happy? Because it changes drastically like my apatite
@theresa88432 жыл бұрын
"It is hard to imagine a more stupid, or more dangerous way of making decisions;than by putting those decisions in the hands of people who pay no price for being wrong" -Thomas Sowell
@PhilipMurray251 Жыл бұрын
Investing in alternative income streams that are independent of the government should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. Stocks, gold, silver, and virtual currencies are still attractive investments at the moment.
@Robertgriffinne Жыл бұрын
Very true! I've been able to scale from $350K to $650K this red season because my FA figured out Defensive strategies to protect my portfolio and profit from this roller coaster market
@veniceblackwood2931 Жыл бұрын
@@Natalieneptune469 Jennifer really seem to know her stuff. I found her website, read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I booked a session with her
@buahburke9912 Жыл бұрын
hlCurioius, ow can crypto currency not be snatched by gov just like other digital currency?
@chris-pj7rk Жыл бұрын
In every crisis, there is an opportunity," as the saying goes. The 2024 recession, while challenging, presents unique avenues to amass wealth. First, it's essential to remember Warren Buffet's advice: "Be fearful when others are greedy, and greedy when others are fearful." During recessions, assets often undervalue. By investing wisely in stocks, real estate, or businesses during this downturn, you position yourself for significant returns during the economic recovery.
@alexyoung3126 Жыл бұрын
An obvious way to invest for a recession is to buy shares in businesses that are likely to experience steady demand even in a downturn. Typically, those are consumers staple, utilities and healthcare companies. But of course, such decisions can’t be made by an average joe, a financial advisor is highly recommended in making this decisions..
@bobbymainz1160 Жыл бұрын
Since the outbreak of 2020, which had a significant impact on the market, I've been running all of my investment decisions through an investment coach because their entire philosophy is centered around using a high-profit oriented blueprint while simultaneously going long and short, as well as reducing risk exposure as a hedge against inevitable downtrends. Underperforming is almost impossible when combined with their access to strange data and analysis.
@bobbymainz1160 Жыл бұрын
Natalie Marie Tuttle is my Advis0r. She has since provided entry and exit points on the securities I concentrate on. If you want to check her out, you may do so online. I usually trade in accordance with her strategy.
@Erinmills98 Жыл бұрын
Becoming a good trade takes time and patience. When i first got into trading i was liquidated twice, and lost my entire mortgage deposit. I could have given up, but decided to learn how to trade and put it into practice. 4 years later and i am glad i made that decision.
@simonbad Жыл бұрын
My portfolio has good companies, however it has been stalling since last year. I have approximately $200k stagnant in my reserve that needs growth.
@AstaKristjan Жыл бұрын
@@simonbad Starting out with a with a professional that knows the ropes of the choppy but profitable market is the best way to achieve getting a well structured portfolio. That’s why I have been working with ‘Kathleen Yanelli Carole’ and that doesn’t make me daft because in financial dealings one have to be prudent. Most traders enter exit with a quick 10% profit which is not bad in a general opinion but why not aim higher, it doesn’t necessarily mean to be greedy.
@MuradSamadov-n6i Жыл бұрын
@@AstaKristjan Mind if I ask you to recommend how to reach this particular coach you using their service? Seems you've figured it all out unlike the rest of us.
@AstaKristjan Жыл бұрын
@@MuradSamadov-n6i Most likely, you can find her basic information online; you are welcome to do further study.
@anncazares1112 жыл бұрын
This is scary as fear on earth is high. I am glad I have faith in the divine. I am manifesting, not smart, gratitude I can utilize my intuition.
@CY-fp1cx2 жыл бұрын
I agree a happy life doesn't come from money. You need the basics. A simple life can be very fulfilling. Having lots of stuff just means more stuff to take care of taking you away from doing things you enjoy. I know plenty of people who would only be happy if they got a new car or a bigger house or a particular job, work for a certain company, get married, have a child, make a million, make 2 million etc. None of those things made them happy. I don't think there is anything wrong with striving for those things but I wouldn't attach it to true happiness. Great interview!
@KiwikimNZ2 жыл бұрын
So true. The reason why the world is in such a mess is because people think bigger and better will make you happy. People are so insecure and easily caught up in this fake world, worried about how they look to others “you are not successful or superior if you don’t have the fancy label on your handbag, or you don’t have a home with 5 bathrooms!” It’s insane. It’s sad. I don’t have much in a material sense and in stead of having savings, I chose to invest in experiences like travelling with my kids. I am so extremely grateful for a roof over my head, 3 kids that are beautiful , decent human beings, food in my cupboards and that I understand the concept that I create my own happiness. :)
@virtualworldofcraps22372 жыл бұрын
@@KiwikimNZ beautiful❤️
@CordeleRocks2 жыл бұрын
The fact that Tom asked “What can we do to help people deal with what’s coming?” Truly warms my heart ❤️
@Hashartnft2 жыл бұрын
❤❤❤
@stevenoverlord2 жыл бұрын
Ray dalio didn't really anwser it at all either
@tmstani232 жыл бұрын
And Dalio's answer was cancer.
@eddie7882 жыл бұрын
Help with what? The intentional imploding of the world economy, done on purpose?
@roundandsquareful2 жыл бұрын
"Pain plus reflection equals progress." "Enjoy the struggle" (Embrace "the suck," in other words.) These stood out to me, in addition to realizing I need to take some more "austerity measures" right now. There are a few things I can drop right now, like my gym membership - I can work out at home, go for walks and hikes, work in the garden. Every little bit will help.
@roundandsquareful2 жыл бұрын
@@lorettadestefano6955 lol, you're right about that. But I can begin by stemming the tide. Thanks for your response to keep me looking at the bigger picture.
@PaulusAlone2 жыл бұрын
And everything you and others stop doing to ‘save money’ will cause the recession and collapse of the jobs and service in the greater economy and lead you to cut even more…until everyone has nothing left to cut and no money to grow .
@roundandsquareful2 жыл бұрын
@@PaulusAlone So what do you propose? My job is to take care of myself and my family. I am not in charge of the US economy.
@PaulusAlone2 жыл бұрын
@@roundandsquareful - I hear what you’re saying and you’re not wrong in that personal sense. I’m just saying that as a capitalist society we can’t cut our way to better times. Austerity and spendthrift has never worked to save an economy and although it’s counter intuitive to common sense, you can only grow your way out of recession or depression and that requires people to buy extra stuff they don’t need with money they don’t always have. That’s why we created hire purchase loans from the 1950’s onwards and why we relabelled debt as credit in the 1980’s with credit cards (our grandparents still rightly called it debt) and grew the demand for consumer goods. That’s what creates a consumer led boom. Unfortunately our current governments in the western world are deliberately killing the capitalist system off for some ‘new world order’ goal that only makes sense if we want to become Communist China. My answer would be to take down the private central bank gangsters and go back to national banks printing money without interest attached like they used to before the private central bank of the US Federal Reserve was formed back in 1913. But you probably know that stuff already? Since the plandemic hit us the richest 1% have increased their income by 50% and the other 99% has taken a historical haircut that has seen the biggest wealth transfer from the many to the few in historical record. Rant over. 🤗
@magnanorth47132 жыл бұрын
Love it!
@jameswood9772 Жыл бұрын
I wonder if people that experienced the 2008 crash had it easier because. my portfolio has lost over $27000 and I don't see my retirement turning out well when I can't even grow my stagnant reserve
@alexyoung3126 Жыл бұрын
There are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience
@bobbymainz1160 Жыл бұрын
it's really easy to buy into trending stocks, but the task is determining when to sell or hold. That's where my advisor comes in, to help me with entry and exit points , I've accrued over $337k from an initially stagnant reserve of $148K
@bobbymainz1160 Жыл бұрын
My advisor is “Lisa Angelique Abel” 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.
@Niv1030 Жыл бұрын
The money changers... They've been around for ages. Know them by their name 👉🏼 "The Money Changers." The Rothschilds are the biggest crooks ever. They print worthless pieces of paper or simply create bytes of data. It's a FAKE world, full of fake lying unscrupulous crooks. Take a look at the Black Rock thieves. This entire financial situation was all orchestrated by the 1%'rs. You are officially a modern day slave.
@mountainmover7772 жыл бұрын
I already have nothing so I'm ahead of the game! WINNING..
@danielavalencia36922 жыл бұрын
Tom wanted to direct this for the average person which is admirable. Kinda wish he would have just let Dalio talk about current economy and the roll he was taking towards the beginning, we can always look up terms.
@charlottem.51342 жыл бұрын
Investing is considered a bedrock in making generational wealth. Most people don't know when, where or what to invest in. Fortunately, great investors of the past and present can provide us with guidance and ideas. Meaningful contributions are always welcomed.
@micahhills53202 жыл бұрын
The market is all about crypto now, you might want to look into it.
@bobvan22012 жыл бұрын
@@micahhills5320 Nobody becomes a millionaire or billionaire by working for others and depending on them, good investment brings millions of dollars.
@bobvan22012 жыл бұрын
Investing in Stocks is the wisest decision, If you've not been involved in any you're missing out.
@Rosalia-mr2fn2 жыл бұрын
I'm New to Bitcoin/forex trading. Can someone guide me on good way to trade?
@Rosalia-mr2fn2 жыл бұрын
Please I need someone to put me through on how this Bitcoin trading really works, I'm interested and willing to invest heavily in it.
@bluesman4trades702 жыл бұрын
I appreciate the fact that Ray doesn’t give pie in the sky answers. Sometimes the answer you want to hear isn’t there. There is no quick fix for this mess. This is that period of time when sensible spending, saving, and methodical hard work are the things that pay off. Great questions from Tom, very good advice in this interview. I think that difficult economic times like these are a good opportunity for people to dig in and gain a better understanding of our economic and financial systems. The resources are there if you put in the effort, this is how you become proactive vs reactive with your money.
@Squirrel-zq6oe2 жыл бұрын
Well said mate
@effy93452 жыл бұрын
This old man is answering his questions like a champion
@julyrosales Жыл бұрын
Tom , those were very respectable questions. You didn’t press or come as an aggressive interviewer. Mr. Dalio was very polite on answering the questions. There’s alot of people that have trade skill and are just barely scraping by. So you do need education college or vocational. Also some tradesmen learn the trade working but can never get out of the situation of working for someone because they don’t know where to start. They want to start a business to be financially free but the education was never there. They take their dream of being financially independent to the grave with lost dreams even do they had the skills to pay the bills. Making the pie bigger can only happen with education. Thanks Tom
@Nutberg202 жыл бұрын
Watching this whilst living in my camper van! Time to go off grid people 🙌🙌🙌
@jaybrown4396 Жыл бұрын
*EVERY FAMILY HAS THAT ONE PERSON WHO WILL BREAK THE FAMILY FINANCIAL STRUGGLE I HOPE I BECOME THE ONE ☺️... IN A FEW WEEKS I WAS ABLE TO PAY OFF MY DEBTS THROUGH INVESTING IN CRYPTO TRADING*
@jaybrown4396 Жыл бұрын
*Assets that can make you rich Crypto Stocks Real estate*
@jerrymax5189 Жыл бұрын
it's obvious. a lot of people remain poor due to ignorance, it's better to take risks and make sacrifices than to stay poor
@laurajames8431 Жыл бұрын
@hudsonanthony8015 Жыл бұрын
The best strategy to use in trading is to trade a professional who understands the market quite well, that way maximum profit is guaranteed. Because I have learned along the way of my investment that research and analysis are important, note that experience is more needed, than luck when it comes to the financial market.
@dylanm.michael8565 Жыл бұрын
@freemanharris401 Yeah you're right, most times it amazes me greatly the way I moved fro an average lifestyle to earning over $62k per month, utter shock is the word. I have understood a lot in the past few years to doubt that opportunities abound in the financial markets, The only thing is to know where to focus.
@rejeanbrisebois7343 Жыл бұрын
One thing i really appreciate (among many others) from Mr Bilyeu is that whenever a guest explain something that make myself think:"Hmmm, i'm not sur if i understand clearly the fact that..." BAM! Mr Bilyeu ask the right question at the right time. Thank you Mr Bilyeu. For this, and for everything else you do to help us become better humans being.
@vickilynn27782 жыл бұрын
I have drilled into my daughter to stay out of debt, and have told her "if you don't have the cash, don't buy it." She's young, is on her second home, she has paid off her debts, has worked extremely hard since she was in school, has worked her way up at a corporate office in one of the FAANG companies with having some college. That's it. You have to focus completely on yourself, your job, your finances, but be patient. Work hard which will result in great rewards for your life and well being.
@irinacrow2582 жыл бұрын
Does she fullfiled the most important duty being great mother and wife?
@tactileslut2 жыл бұрын
"if you don't have the cash, don't buy it." I like Jaspreet Singh's extension to this: if you can't afford five of them you probably shouldn't buy one.
@mariahhayes50892 жыл бұрын
“I have been in the trading game for decades and I am still standing. I have seen a lot of traders come and go. They have a system or a program that works in some specific environments and fails in others. In contrast, my broker's strategy is dynamic and ever-evolving, and that's what help's me.
@raymondbarnes52642 жыл бұрын
Adapting is a huge part of this business.
@helenoliver48382 жыл бұрын
Hello, I'm new to trading and l've been making huge losses but recently I see a lot of people earning from it. please can someone tell me what I'm doing wrong?.
@mariahhayes50892 жыл бұрын
@@helenoliver4838 all you need is a professional trader/broker else you will continue making losses
@mariahhayes50892 жыл бұрын
@@helenoliver4838I highly recommend this lady, she is my current trader and her strategies are working. Just look with her name online, you will get to her page, there you can leave your messages.
@mariahhayes50892 жыл бұрын
@@helenoliver4838 'PRISCILLA DIANE AIVAZIAN"
@michaeladavis79532 жыл бұрын
I'm here to learn how to trade and also to invest. After listening to a guy on a live program about the importance of investing and how he made $410k in 4 months from $145k, somehow this video has helped shed light on key points, but I'm still confused as a newbie and I'm open to meaningful ideas.
@tracyh12222 жыл бұрын
Trading with an expert has been the best way of making huge returns from crypto currency.
@tracyh12222 жыл бұрын
The common mistake we newbies make is venturing into the market without help and legit guidance from a professional.
@jimsutton96182 жыл бұрын
@@tracyh1222 Yes, you're right, it's not watching all videos wasting time on strategies, I was ignorant doing so till I met Rheagan Max Deplonty last year at a startup funding event in Washington DC.
@jimsutton96182 жыл бұрын
He had some interesting things to say about the state of algorithmic trading today, obviously I'm seeing results, and my trading is going smoothly.
@Rosalia-mr2fn2 жыл бұрын
The market is all about crypto now, you might want to look into it.
@LeafsIn20252 жыл бұрын
As a Canadian who understands the influence of the USA economy on Canada, this was absolutely excellent! Tom's requests to clarify the complexity in layman's terms was exceptionally helpful and truly appreciated. Thank you, gentlemen! This is definitely worth re-watching and saving to favourites for future reference. 🙏🇨🇦
@Ruth--Butler2 жыл бұрын
Tom is a great interviewer.
@LeafsIn20252 жыл бұрын
@Kim Darna"leave now"?? If you meant learn now... FTX, etc., no thank you!
@armandoruiz87582 жыл бұрын
Leafsin2023 I have a question for you. Nothing to do with the video. I understand every country has a border but If someone was born in Mexico or Canada are they born in America, yes or no?
@SoloMotivation2 жыл бұрын
*TO EVERYONE WHO FIND THIS EARLY* As Benjamin Franklin once said, “failing to prepare is preparing to fail.” Without clearly defined goals to work towards, we’re all just drifting in the ocean. I Love You. 💝
@lorettascutta362916 күн бұрын
Joseph Campbell thru and thru: The Hero’s Journey and Follow your Bliss.❤
@Chooli82 жыл бұрын
Thank you for this interview Tom. I always love listening to Ray 🙏You both have a refreshing authenticity to look at ways to support people through challenging times. My deepest respect to you both ❤
@jeffsloan44742 жыл бұрын
good one
@jwcs692 жыл бұрын
I'm impressed with how patient Ray is with the questions.
@granthill29802 жыл бұрын
You never stop learning. Once you get out of school is when you really begin learning.
@jarrodmontague34242 жыл бұрын
What a blessing that Mr. Dalio is choosing to spend part of this phase of his life passing on wisdom. Well done with the interviews Tom as always!
@_stokyo_2 жыл бұрын
I love the reflections Ray talks about with worrying and not worrying. I always thought of this in everything we do. It feels like the universe needs these two poles to survive
@aikomorioka50242 жыл бұрын
Ray Dalio is so brilliant and humble he makes complex issues simple to understand. That takes real genius! Always appreciate your show and your brilliance at formulating the most prescient questions for the edification of your audience! Thank you! Never miss your engaging show!
@vishaldas73322 жыл бұрын
Thank you for being there VERMONTCORPLTD when I wanted you to..... I was lost in this new world that I was hassled to start with ....you not only guided me along the way but you also showed me the proper way....whatever little I have been able to achieve in life is because of you today ..... I want to thank you for being there and showing me the proper way of doing thing for me you are my best guide as you truly showed me the way to life....once again , I would like to tell you a heartfelt thanks for being there.
@fridaber60692 жыл бұрын
stop with these fake bot comments... everyone can see from a mile away that these are fake
@dabela22792 жыл бұрын
Two modern day heroes. Sharing the knowledge with us and everyone. Thank you Tom for bringing these amazing people to us. Thank you Ray for sharing your knowledge with us. You guys are saving lives. God bless. D
@organizer14 Жыл бұрын
Ray Dalio is so wise and generous! Fabulous conversation with Tom!
@sebastianspiegler58012 жыл бұрын
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 by $500k in the last 4 years
@liambracey67082 жыл бұрын
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&s isa but its hard to bite the bullet and do it.
@lylahthompson21692 жыл бұрын
@@liambracey6708 You need an advisor my friend so you don't get ripped off in the market. They provide personalized advice to individuals on titles, placing them among the best of the best. There are bad ones, but some with good track records can be very good.
@richardsoncuthel8102 жыл бұрын
@@lylahthompson2169 Yes they can be positively impactful to an individual's portfolio. I started with a trust portfolio advisor named KATHERINE DUFFY BURKE. She is verifiable and her work ethic complies with the US Investment Act of 1940. Her approach is transparent, allowing full ownership and control of my portfolio with very reasonable fees relative to my investment-earnings.
@aubreymcgovern94672 жыл бұрын
@@richardsoncuthel810 I know I've wanted to start investing for a few months, but I just haven't been brave enough to start due to the market so far this year. Please how can I count with such skillset and what are her services like?
@richardsoncuthel8102 жыл бұрын
@@aubreymcgovern9467 She covers things like investing, insurance, making sure retirement is well funded, going over tax benefits, ways to have a volatility buffer for investment risk. many things like that. You can take a look at her full name on the internet. She is well known and has many followers. So it shouldn't be hard to find her.
@karenkuffel39962 жыл бұрын
Thanks for asking questions for the average or below average earning people.
@dylanmoris62112 жыл бұрын
This is financial advice and I never give financial advice: DONT LEAVE DURING THE BEAR. If you don’t want to invest…learn. If you don’t want to learn…build. If you don’t want to build observe. DO SOMETHING…other than leave. There is so much opportunity here. Take advantage!
@Karagoldberg72 жыл бұрын
@Robert Cooper With the inflation, the stock isn't going to be raking in huge gains. It wouldn't be a bad time to BUY it, just don't expect big gains from it for a while. I'll buy once things start looking up in all those trouble areas..until then, too much turbulence for me.
@KelvinWallace2 жыл бұрын
@@Karagoldberg7 Just because there are opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional.
@williamsbrown40262 жыл бұрын
@@Karagoldberg7 Absolutely Norman, You are definitely going to want someone who has experience managing a portfolio in bear and bull markets. I invest in all of the major markets, but not alone. I mirror the trades of "Anita Jo Lynch” who you may have seen on the news performing stock analysis. I can confidently claim she's worth her salt as a financial consultant since her diversification abilities are top-notch.
@Karagoldberg72 жыл бұрын
@@williamsbrown4026 Insightful.. I curiously looked up her name on the internet and I found her site, thanks for sharing.
@rountex1152 жыл бұрын
I'm DCAing in VERMONTCORPLTD as well. ETH heavier DCA and ALGO. I'm taking your advice and starting Google tomorrow with a 50 dollar purchase and continuing Microsoft and Apple. VTI and VOO on another app and longterm portfolio. Here we go family!
@noahjohnson42792 жыл бұрын
They are legit
@fridaber60692 жыл бұрын
@@noahjohnson4279 stop with these fake bot comments... everyone can see from a mile away that these are fake
@elainep88732 жыл бұрын
Scammee
@h.dorvilus45162 жыл бұрын
Whataya doing in preparation for recession/ uncertain future: thinking, learning and pursuing knowledge, wisdom and understanding...living in inspiration and expressing this thru a daily routine/practice I love because it stimulates my mind, strengthens my problem solving skills...in order that I may continue to delight in the things of God because I am driven /motivated by the Love and Knowledge of God.
@Sonofthewolf6972 жыл бұрын
Ray Dalio has CERTAINLY taken psychedelics, and/or has SERIOUS mental strength in meditation. The things he's speaking on towards the end are so on point its scary....
@phillipnaz90122 жыл бұрын
Man, your channel is SO good. You dissect the people you interview so well for those who may know nothing and it’s much appreciated!
@Organizer146692 жыл бұрын
We greatly admire Ray Dalio! Thank you for interviewing him! We learned a lot from him anc from your fabulous interviews! Thank you so much! We appreciate your generosity and caring!❤
@simranbothra74472 жыл бұрын
Omfg! VERMONTCORPLTD turned out to be a bloody smart move. I love love love this. I’m the wrong side of 40 so I’m taking this all on board IMMEDIATELY- thank you! Even if I run out of time my kids will benefit from this incredible education. Thankyou thankyou thankyou!!
@noahjohnson42792 жыл бұрын
They are legit
@elainep88732 жыл бұрын
Scammer
@bruceconnor80102 жыл бұрын
With markets tumbling, inflation soaring, 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, I'm still at a crossroads deciding if to liquidate my $125k bond/stocck portfolio
@watchingtariq46372 жыл бұрын
An uptick in volatility is not necessarily a bad thing, there are opportunities to be found even in this whirlwind. VolatIility gives you a chance to rebalance..Volatility gives you a chance to rebalance. Netflix , Amazon , may have gotten beaten up, but they are still good companies.. You have to get a fiinancial-advisor/brokerr to aid you diversify your portfolio.
@torytripp51082 жыл бұрын
I enjoy my day to day market decisions being guided by a portfolio-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not outperform, been using a portfolio-coach for over 2years+ and I've netted over $300k
@jefferysfishing81902 жыл бұрын
@@torytripp5108 Glad to have stumbled on this conversation. Please can you leave the info of your investment advisor here? I’m in dire need for one.
@torytripp51082 жыл бұрын
Sure, the investment-advisor that guides me is Frances Annette Batista, she popular and has quite a following, so it shouldn't be a hassle to find her, just search her
@thegreatduke34592 жыл бұрын
NFA, but what's worked for me is: 1. Calculate your cost basis / breakeven point for every financial asset you own 2. If you're still in profit, pay yourself (take profit, full or partial) OR at least set a stop loss at breakeven. No sense in round-tripping your capital from profit to loss 3. Use profits / cash to start building long positions (dollar-cost-averaging) in quality companies over the next couple of years. Always keep track of your cost basis (volume adjusted average price). Good luck.
@cosmiccometchichi2 жыл бұрын
what an amazing conversation. I feel blessed to have watched this. Wow thank you guys 🙏🌈
@reasonerenlightened24562 жыл бұрын
He lost me when he said that the system does nor work well when people are fighting with each other. The free market is a battlefield, pipe-dreaming about perpetual competition.
@dookiedimez25502 жыл бұрын
It would be nice to have an interview with Ray that isn't geared towards people who have absolutely zero understanding of finance.
@seriouslyyoujest17712 жыл бұрын
Trilogy, but two out of three is enough. Do what you love for work. Live where you love. And share it with someone you love. Sprinkle some travel on top.
@andrew.alonzo Жыл бұрын
At this moment, it is crucial for individuals to prioritize investing in alternative streams of income that are not reliant on the government, particularly with the existing worldwide economic crisis. Investing in stocks, gold and digital currencies can still be profitable during this period. Therefore, it is advisable to explore these investment options to secure one's financial future.
@hunter-bourke21 Жыл бұрын
I would be retiring or working less in 2 years, and I'm curious to know best how people split their pay, how much of it goes into savings, spendings or investments, I earn around $250K per year but nothing to show for it yet.
@james.atkins88 Жыл бұрын
Your money is stagnant when you save, I will advise you buy stocks with market-beating yields and shares that at least keep pace with the market for a long term. For a successful long-term strategy I recommend you seek the guidance of a broker or financial advisor.
@Believer292 Жыл бұрын
You're right! If you are unfamiliar with the market, I recommend seeking advice or assistance from a financial coach. With the help of an investment advisor, I have diversified my $280k portfolio across multiple markets, We were able to generate over $685k in net income from seasonally high-dividend stocks, ETFs and bonds. For me, this is the most ideal way to enter the market these days.
@rebecca_burns14 Жыл бұрын
@@Believer292 Glad to have stumbled on this conversation. Please can you leave the info of your investment advisor here? I’m in dire need for one.
@rebecca_burns14 Жыл бұрын
@@Believer292 I just looked up Julia online and researched her accreditation. She seem very proficient, I wrote her detailing my Fin-market goals.
@tylerschoep7228 Жыл бұрын
As much as I appreciate and respect Mr. Dalio, he's often very hard to follow. This interviewer is doing a great job of bridging that gap for me. Thanks Tom
@gracesdonny15322 жыл бұрын
The market trend can turn around very quickly. In fact, the indexes often switch from a bear market to a bull market when the news is at its worst and the mood of investors is at its lowest point. I read an article of people that grossed profits up to $150k during this crash, what are the best stocks to buy now or put on a watchlist?
@jenniferkyle60362 жыл бұрын
This is still a window-shopping market. But there are a lot of intriguing stocks to watch from a variety of sectors. 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.
@emilybrown27192 жыл бұрын
@@jenniferkyle6036 When it comes to investing in stocks, one of the biggest mistakes investors can make is throw in the towel right when we hit a bear market bottom and the indexes find support and start to surge. I've been in touch with a coach for awhile now mostly cause I lack the depth knowledge and mental fortitude to deal with these recurring market conditions, I nettd over $220K during this dip, that made it clear there's more to the market that we avg joes don't know
@gracesdonny15322 жыл бұрын
@@emilybrown2719 I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?.
@emilybrown27192 жыл бұрын
@@gracesdonny1532 Personally I work with Susan Agnes Hancock a registered Investment advisor. Quite renowned, search her name to get in touch.
@gracesdonny15322 жыл бұрын
@@emilybrown2719 I just looked up the broker you suggested on Google and I'm incredibly impressed with her credentials, so thank you for sharing. I'm going to send her an email right away
@hicksa12 жыл бұрын
Tom does the best interview's period! He's not afraid to ask and re-asks for people like me. Thank you Tom!
@rodiculous9464 Жыл бұрын
"If you know your nature, you can find your role" that's pretty key advice I feel, so many of us think about what we want and not what we're good at
@Weshinewegrow2 жыл бұрын
I love the whole conversation and life perspective here. It’s actually uplifting given the circumstances.
@trinawms37492 жыл бұрын
This is really good knowledge, wish it was taught like this in schools
@happygirl82982 жыл бұрын
Thank you, I learned so much!
@simonethomas93932 жыл бұрын
With the current problem around the world today I think it's best everyone invest more in digital asset than Saving in banks and real estate. Just my thoughts
@ryanholland20002 жыл бұрын
Yeah , I think the importance of investment is highly undermined and overlooked which is probably one of the biggest problem we face today. To me investment strategies should be taught in schools
@dungmasibay16132 жыл бұрын
True! Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. The stock market has plenty of opportunities to earn which I myself took advantage of. I made my first million from going diverse, mainly ETFs(stocks, bonds etc), bitcoin , and gold. I'm also working on an investment plan that includes NFTs with my advisor, Katie . It's been a year and half of steady growth.
@shannoncallehan96782 жыл бұрын
Speaking of digital assets do you mean bitcoin?! I don't think investing in bitcoin now is a good idea, I'm currently running on huge loss the market is crashing
@lanzeborille75182 жыл бұрын
@@ryanholland2000 kudos ❤
@meganlouise89432 жыл бұрын
@@shannoncallehan9678this is more reason you should invest with an expert, even with the fall in price I make good profits weekly from my investment in bitcoin. Last week I got a profit of $56,000
@michelejewett64362 жыл бұрын
I just want to say thank you for asking these questions these are perfect questions for someone like me I just happened to scroll past your video and I clicked on it and you’ve just taught me everything I needed to know in a 10 minute. And you’re pretty awesome for asking the questions you ask him because it knocks it down for the people who are not in the political world and to know exactly what goes on so I thank you very much
@jamesz80 Жыл бұрын
This is hands-down one of the most valuable videos you've produced!
@nicoleweston17492 жыл бұрын
I will forever be indebted to you you’ve changed my whole life I’ll continue to preach about your name for the world to hear you’ve saved me from a huge financial debt with just little investment thanks so much Mrs. Lisa
@michaeladamson85132 жыл бұрын
I’m surprised you know her too. I’ve been making a lot of profits investing with her for a few months now.
@gorgelilgen23592 жыл бұрын
Mrs Lisa changed my life because of the huge profits I got from investing with her.
@thejamesinator172 жыл бұрын
You have an incredible guest, let him speak.
@jffbrk12 жыл бұрын
I appreciate you Tom and the way you genuinely care about people.
@advancetotabletop50302 жыл бұрын
I'm 43 years old single father living in Hamburg. I'm hoping to retire at 50 if things keep going well for me. Bought my first house last month and I can't be more proud than I am right now. I'm so glad made great decisions that changed me forever.
@kozovski66282 жыл бұрын
Congratulations man. You're really doing well at your age. I'm 54 and my Income are in a mess right now. Any great tips would really go a long way in shaping my life. I want to buy my own house.
@advancetotabletop50302 жыл бұрын
@@kozovski6628 sorry for late response. Apparently, I used the FIRE movement to put my finances in shape. You can research more about it. Then, Invested in stocks, cryptocurrencies and real estates through the assistance of an Investment pro was able to make it.
@kozovski66282 жыл бұрын
@@advancetotabletop5030 Thanks for your kind response, I would love to connect with your acct management consultant
@advancetotabletop50302 жыл бұрын
@@kozovski6628 I invests with (Donna Lorraine Judge) a widely known consultant. You can make a quick internet research with her name mentioned where you can easily get in touch. I wish you all the best
@hobbs2522 жыл бұрын
I searched for Donna by her full name and she seems quite trustworthy and knowledgeable. She is a fiduciary acting in the interest of the individual. So I left a message on her site, I hope she will answer soon.
@tirta.yansen2 жыл бұрын
Ray is just an awesome guy, he literally explain everything so patiently
@myjourneyhome Жыл бұрын
Thank you, Ray, for your generous heart and service work.
@handyrams48222 жыл бұрын
Dude. You got Ray Dalio on your show. Legend.
@robbyeapperson62402 жыл бұрын
The sharing of honest information is such a kind endeavor...thank you.
@marcuskelly5768 Жыл бұрын
Keep doing the right thing right long enough and you will get there in the end... It's all about attitude.
@charlesrichard60192 жыл бұрын
Most difficult part about this current market environment for new investors, is filtering out the good from the bad. Just because a company is down 50%+, does not make it a sound investment. Do your OWN due diligence & invest in great companies like such as Mr Sam broker.
@lydiaanderson00832 жыл бұрын
@hello Charles how are you doing?
@ericprunty3734 Жыл бұрын
I learnt most of these principles about seven years ago. A lot of people have been trapped strongly in the matrix-- Go to school, get a job, and then slave your whole life. Many miss out on life-changing information that could have great effect on their finances. I played with the stock market sometime in 2020, and I was surprised at how well it turned out. I want to put in $80k more into the market. I heard people are making really great returns despite the downturn. Any recommendations?
@aigajenkinson2495 Жыл бұрын
@CAan Hauck Thanks a lot for this. I really needed the recommendation, and I would love to move my funds from an existing mutual fund. just googled her and found her resume interesting
@TheZambie1 Жыл бұрын
You two are priceless together! Thank you for doing this!
@elitik25192 жыл бұрын
Really enjoy these conversations Tom. You ask the kind of questions we are all thinking. Here in the UK, it feels like we are all on a runaway train. Thinking about how we deal with it is essential. Thank you!
@paulamcminn96182 жыл бұрын
Hi Inflation hits people a lot harder than a crashing stock or housing market as it directly affects people's cost of living that people immediately feel the impact of it. Not surprising negative market sentiment is so high now, We really need help to survive in this Economy. The fin-Market;s have underperformed the U.S economy as fear of inflation hammers the prices of stock;s and bonds. My portfolio of $250k is down to $172k any recommendation;s to scale up my return;s during this crash will be highly appreciated.
@rudenko6182 жыл бұрын
@David Jackson I agree, my proffit have been quite consistent, regardless of market situation, I got in early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2020 this time with guidance from a portfolio-adviser. I found her on a CNBC interview where she was featured and reached out to her afterwards. long story short, its been two years now and I've gained over $85k following guidance from my investment adviser.
@jacobvanveit34372 жыл бұрын
I think the bots need the new Chatgpt upgrade. It’s too obvious!
@johnparris23532 жыл бұрын
U have 2 buy .more average down MKe .more in longrun
@thanos8792 жыл бұрын
WHY IS THIS SCAM BOT COMMENT STILL UP?
@800_k_72 жыл бұрын
Where do you leave behind the poor and the unemployed? God have mercy 🙏
@lovenature90002 жыл бұрын
I think learning emptiness is powerful.be compassion and love to all human beings.life can be joyful without warm heart.peaceful will merge in mind.meditation everyday one hour.
@rebeccaartgallary2 жыл бұрын
With inflation running at a four-decade high, a Recession is now the ‘most likely outcome for the economy. How can I grow my portfolio to outpace inflation and maintain a successful long-term strategy? I have been reading of investors making about $250k profit in this current crashing market, and I need ideas on how to achieve similar profits
@roberttaylor6622 жыл бұрын
You’re right! The current market might give opportunities to maximize profi.t, but in order to execute such effective transactions, you must be a skilled practitioner.
@lindamattalom2 жыл бұрын
On the contrary, even if you’re not skilled, it is still possible to hire one. I am a project manager and my personal port-folio of approximately $750k took a big hit in April due to the crash. I quickly got in touch with a financial-planner that devised a defensive strategy to protect and profit from my port-folio this red season. I’ve made over $150k since then.
@Bobhenry-c7z2 жыл бұрын
@@lindamattalom who is this individual guiding you? I lost over $9000 just last week, so I’m in dire need of a financial-planner.
@lindamattalom2 жыл бұрын
@@Bobhenry-c7z Credits to Deanna Lynn Renfro she has a web presence, so you can simply just search her.
@Bobhenry-c7z2 жыл бұрын
@@lindamattalom 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.
@lara.khatchikian Жыл бұрын
So very grateful for you Evan and team. Adore all tools you give us, and books. Thank you #believe nation
@zauwee2 жыл бұрын
I just recently finished Dalio’s book, Principles for Dealing With The Changing World Order. I highly recommend it. It’ll make your head bigger by orders of magnitude. One of the most informative and useful books I’ve read in several years. It should be mandatory. Now, whether you read it or not, brace for impact. And try not to spill your martini
@janinevernon95612 жыл бұрын
I am glad many are making money via the Internet, making this easy money. Too many now are not building our houses or growing our food, as this is the hard work that is needed. for our basic needs. We can do without the Internet but not without our houses and food staples. I shudder thinking about the future. The new skill set will have very hard work attached to it. This I know!
@lori59462 жыл бұрын
I paid for my kids college through Florida prepaid. They are doing great.
@roseroland1998 Жыл бұрын
These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $89k now to put in the market.
@lisaollie4594 Жыл бұрын
@Lloyd Bernard Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2019, and I return at least $111k ROI, and this does not include capital gain.
@lisaollie4594 Жыл бұрын
@Stanley Edwin I really don't like making such recommendations, because everybody's situation is unique. But there are many freelance wealth managers you could check out. I have been working with "KAITLIN ROSE STENBERG" for about four years now, and she's really, really good. If she meets your discretion, then you could go ahead with her. I endorse her.
@lisaollie4594 Жыл бұрын
@Stanley Edwin Well, you can most likely get her information by searching her online.... she's quite popular, so it shouldn't be a hassle finding her.
@richardschnedorf57112 жыл бұрын
Outstanding presentation.
@Rose.Marie.2 жыл бұрын
Thank you for describing financial terms for people trying to become financially wise🙏
@Ccstaj2 жыл бұрын
So can we discuss the differences in the corporate position between the “pull yourself up by your bootstraps” 1920 mindset Vers the reality of the 21st. Century? “What is that skill?”, “And approach to life.” Let’s discuss disconnect, let’s talk about the benefits that have disappeared during that time period. Let’s talk about how climbing a corporate ladder isn’t a viable career goal anymore.
@afeesoluwanishola59292 жыл бұрын
How do I really invest in bitcoin and make huge profits , i'm actually confused here, can someone please help me out
@melissajones31912 жыл бұрын
Same here, It's very confusing seeing so many people talk about the profits the make from there investment in bitcoin while I keep dipping from on win to a bigger loss
@elisabethhamilton10482 жыл бұрын
@@melissajones3191 Most time having knowledge or insight about a particular activity can as well be a pleasing exercise. I can boldly say that fx and bitcoin is one of the profitable money exchange services that elevates investors and their financial status.
@helenadams46412 жыл бұрын
@@elisabethhamilton1048 That's true most people today have been having a lot of failures in bitcoin because of poor orientation or bad experts
@helenadams46412 жыл бұрын
Bitcoin investment (fx) can be profitable and lucrative when it is approached as a business, but achieving a level of success is extremely difficult and can take a long time. It's a good idea to fine an expert of this form of investment prior to getting started with. As you can see, the market is open and operates 24 hours a day and almost seven days a week
@terfastarik96982 жыл бұрын
@@melissajones3191 Hello!!, I will advise you find an expert around your vicinity to help you while you study the market. Fx investment is a process of which you have to understand these process before going into life trade
@salmanel-farsi37442 жыл бұрын
Thanks Tom for asking basic questions that has allowed me to understand this complex financial relationships.