How To SURVIVE & THRIVE In The Upcoming Financial Crisis! (PREPARE NOW) | Ray Dalio

Restart Your Life in 7 Days bit.ly/3Kzdn7s
On Today's Episode:
The principles you live your life by will either reward you with a life you enjoy living or lead you to a life you want to escape. Whether you consciously choose your principles or operate subconsciously on your default network, principles specific to you are guiding you in the outcomes you achieve.
Ray Dalio is the founder of the world’s biggest hedge fund, Bridgewater Associates which manages over $100 billion. His mission has been to share the principles that have made him wildly successful. He wasn’t born into wealth, so when he shares these principles and lessons he’s found repeatedly successful, you may want to take notes.
This episode is stuffed with foundational ideas and mindset shifts to help you succeed and learn to start thinking from first principles. Understanding how to handle your opinions, how to struggle well, how to separate yourself from doing things that are better done by someone else is your first step to major success.
SHOW NOTES:
0:00 | Introduction to Ray Dalio
0:14 | Prepare for the Recession
33:32 | The Secret to Wealth & Success
52:55 | How to Survive & Thrive
1:20:50 | Adopt the Right Mindset
QUOTES:
“When you have a large wealth gap and you have an economic downturn people are more inclined to have conflict.” [10:57]
“People in the top 40% of income will spend about five times as much money on their children’s education than those in the bottom 60%, and that’s neither fair nor productive.” [26:18]
“There’s always a path out there, you just don’t happen to see the path now, so you have to find the path.” [32:44]
“Make your passion and your work the same thing.” [35:52]
“The truth is you can have a lot more life and you can have a lot more if you know how to get more out of a minute.” [37:10]
“Struggling well will get you what you want rather than avoiding struggle.” [39:41]
“If you worry, you don’t have to worry, and if you don’t worry, you have to worry.” [40:53]
“What you don’t know is greater than what you do know.” [1:08:14]
“If you have the equanimity, that calm centeredness, and you have your plan, and you triangulate well with others so that you can get all the best advice and don’t have to approach it in your own head, you're a long way there.” [1:20:31]
“If you can get past your ego barrier and you get past your blind spot barrier you can accomplish anything...” [1:21:45]
“For God’s sake don’t be overly opinionated! Just because you have that opinion doesn’t mean that it’s true.” [1:23:11]
“If you want your life to be successful you will not let yourself do certain things because you’re just no good at them.” [1:31:37]
Follow Ray Dalio:
Website: www.principles.com/
Twitter: / raydalio
Instagram: / raydalio
KZbin: / @principlesbyraydalio

[@TomBilyeu]

What are you doing to prepare for the upcoming recession? Drop a comment below!

[@giffica]

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-ut5he]

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-nj1zu2nf1x]

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

[@moirosalina]

Make sure I get positive feedback at work, save some of my paycheck, and also stay positive and keep living my life.

[@kytoga]

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.

[@Rochelletrem]

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]

consider financial planning.

[@jeffery_Automotive]

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]

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]

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]

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.

[@chris-pj7rk]

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]

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]

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]

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.

[@cassiejacobs4197]

Every family has that one person who will break the family's financial struggle, I hope you become the one 😊, Merry Christmas!!

[@jeremygood3246]

@Hart Thim You're right, it's obvious a lot of people remain poor due to ignorance

[@lindapoplin7150]

I'm looking for something to venture into on a short term basis, I have about $6k sitting in my savings

[@popsarah7805]

Obviously trading in bitcoin is very volatile and risky to trade that's the reason most traders trade with a company

[@popsarah7805]

Now is the best time to purchase and invest in Bitcoin stop procrastinating

[@lindapoplin7150]

I'm new to this Bitcoin trading, how do I get started with the help of a professional?

[@jameswood9772]

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]

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]

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]

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]

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.

[@neworleansjoe]

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]

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.

[@joesphcu8975]

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.

[@alexyoung3126]

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.

[@checkforme234]

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.

[@kimyoung8414]

Well if isn’t that the hard truth…this investment-adviser that guides you must really on to something…who is he?

[@kimyoung8414]

Thanks for the contributions, I just skimmed through Eileen’s Ruth webpage, interesting stuff, wrote her an email.

[@ricks8058]

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.

[@ericprunty3734]

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]

@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

[@erichkraetz2622]

Money is a way to build and grow. Asset ownership is the way to build wealth. Financial freedom is your ultimate goal.

[@alexyoung3126]

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?

[@checkforme234]

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.

[@joesphcu8975]

@@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.

[@joesphcu8975]

@@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.

[@primneaugajadhar7675]

IMO there is never financial freedom..there is financial slavery

[@toughtiffies]

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.

[@retiredoba2836]

Thank you for sharing this “Truth”.

[@start3215]

Fate opens the way for you to service for God.

[@LucyLane07]

You are very wise for a young woman in her 30s Thank you!

[@buahburke9912]

I'm sorry for your loss, been there! Thank you for the well worded reminder!

[@bobbymainz1160]

Market declines, soaring inflation, a significant increase in interest rates by the Fed, and rising Treasury yields all point to additional losses for portfolios this quarter. How can I profit from the present market turbulence? I'm still debating whether to sell my $125,000 ETF/Growth Stock portfolio.

[@oneiljerry9460]

Concentrate on two main objectives. First, keep yourself safe by knowing when to sell stocks in order to limit losses and maximize gains. Second, get ready to benefit from market changes. I advise consulting a CFP or other professional for advice.

[@kimyoung8414]

@Zahair O'Brian my 401k growth has been stagnant since the 2019. I wouldn't mind consulting the advisor who guides you, I really want to grow my retirement fund since I could retire in 3 years.

[@kimyoung8414]

@Zahair O'Brian Thanks, I just googled her and I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.

[@LuisVargas-ih5vm]

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.

[@Steyne968]

Unfortunately, most people don't get this, the majority is after chasing tops/bottoms where they fail & get out of the game.

[@LuisVargas-ih5vm]

@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.

[@chrismillson2779]

@@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-ih5vm]

@@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.

[@darlaestwick3782]

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 ?

[@comment2250]

Having the BASICS in life food, clothing, shelter, and good reasonable health are all blessings, everything else is extra.

[@HasanZobaer]

facts

[@andrew.alonzo]

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]

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]

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]

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]

@@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]

@@Believer292 I just looked up Julia online and researched her accreditation. She seem very proficient, I wrote her detailing my Fin-market goals.

[@forest2344]

Inflation can have a significant impact on individuals and their cost of living. As a result, it can cause negative market sentiment. It is important for individuals and businesses to find ways to navigate and potentially mitigate the effects of inflation on their finances. The current economic climate, including underperformance of financial markets due to fear of inflation, has led to a decrease in the value of my portfolio. I would appreciate any recommendations on how to potentially increase returns during this market downturn.

[@bernisejedeon5888]

Such market uncertainties are the reason I don’t base my market judgements and decisions on rumours and here-says, got the best of me 2020 and had me holding worthless position in the market, I had to revamp my entire portfolio through the aid of an advisor, before I started seeing any significant results happens in my portfolio, been using the same advisor and I’ve scaled up 750k within 2 years, whether a bullish or down market, both makes for good profit, it all depends on where you’re looking.

[@yolanderiche7476]

@@bernisejedeon5888 We are only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market, could this coach that guides yo help?

[@bernisejedeon5888]

@@yolanderiche7476 My Financial Advisor is JEFFREY HAROLD STARR. I found him on a CNBC interview where he was featured and reached out to him afterwards. he has since provide entry and exit points on the securities I focus on. You can run a quick online research with his name if you care for supervision. I basically follow his market moves and haven’t regretted doing so.

[@valeriepierre9778]

@@bernisejedeon5888 thank you so much for this tip! Finding your coach was a breeze and I was really impressed with all the research I did on his credentials before scheduling a call. It's clear from his résumé that he's extremely knowledgeable and skilled, and I'm so excited to have the chance to talk to him!

[@Joeryan657]

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]

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]

@@Ceciliamontgomery141 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]

hlCurioius, ow can crypto currency not be snatched by gov just like other digital currency?

[@talented009]

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?

[@Matthewbrandon859]

Investors should be cautious about their exposure and be wary of new buys, especially during inflation. Such high yields in this recession is only possible under the supervision of a professional or trusted advisor.

[@ThomasHeintz]

True, initially I wasn't quite impressed with my gains, opposed to my previous performances, I was doing so badly, figured I needed to diverssify into better assets, I touched base with a portfolio-advisor and that same year, I pulled a net gain of $550k...that's like 7times more than I average on my own.

[@ThomasHeintz]

@@DarleneMurphy774 Laura Marie Ray is my portfolio-coach, I found her on Bloomberg where she was featured, I looked up her name on the internet. Fortunately I came across her site and reached out to her, you can verify her yourself.

[@esther.74]

@@ThomasHeintz I curiously looked up Laura Marie Ray online and researched her accreditation. She seem very proficient, I wrote her detailing my Fin-market goals

[@franknedu1957]

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

[@franknedu1957]

Things you can invest In 👇👇 Real estate Stock Crypto Bonds

[@harryrichard8590]

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?

[@terfastarik9698]

@@harryrichard8590 you just spoke my mind, all stocks are crashing, bitcoin and others are falling, how can one take advantage of you this time

[@dulcerocio4763]

@@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.

[@victoriamellor2189]

@@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.

[@ravenswoodwitch58]

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]

You're one hundred percent right basics

[@BrainKeener]

The financial system has been artificially pumped for over a decade to ensure big pockets were lined; and now those same hands will make a fortune in the largest transfer of wealth in human history by shorting it on the way down. Inflation does have a roll, but that's to keep everyone panicked, and focused on their bills and expenses, rather than focus on the capital crimes of politicians and corporations,I'm still at a crossroads deciding if to liquidate my $338k stock portfolio, what’s the best way to take advantage of this bear market??

[@EllenAbrex]

Find stocks with yields that exceed the market and stocks that, at the very least, follow the long-term market trend. However, you should get guidance from a financial advisor if you want to create a successful long-term plan...

[@duane_29]

I agree, I've been in constant touch with an Investment advisor for approximately 17 months. These days, 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 all within 18 months.

[@EllenAbrex]

@@duane_29 I need a guide so i can salvage my port-folio due to the massive dips and come up with better strategies. How can one reach this advisor??

[@duane_29]

@@EllenAbrex Having an advisor is essential for portfolio diversification. My advisor is CHRISTINE JANE MCLEAN who is easily searchable and has extensive knowledge of the financial markets...

[@EllenAbrex]

@@duane_29 Thank you for this amazing tip. I just looked the name up, wrote her and scheduled a call...

[@roseroland1998]

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]

@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]

@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]

@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.

[@Erinmills98]

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]

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]

@@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.

[@user-sb6po3yj7d]

@@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]

@@user-sb6po3yj7d Most likely, you can find her basic information online; you are welcome to do further study.

[@jaybrown4396]

*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]

*Assets that can make you rich Crypto Stocks Real estate*

[@jerrymax5189]

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]

[@hudsonanthony8015]

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.

[@freemanharris401]

This Bitcoin trading has set sail. I honestly cannot overemphasize how much delving into Bitcoin trading has helped saved and changed the lives of many.

[@AnaViolinViola]

In our country of origin, my husband and I, our families and everyone else around lived through the worst economic crash I could imagine (except for the added war situation in our neighbour country, of course) in the early 90s.. There was no food or clothing in the shops, ; no heating; electricity and water only a couple of hours per day; hyperinflation of 1000 times national currency devaluation. We were surviving on home grown fresh or canned food, government provided coupons for bread and milk and humanitarian aid for sugar and rice. And people still managed to survive- the situation wasn’t our choice but we had no other choice! So, when people insist they can’t survive in a perfectly ok functioning economy (just with a few bumps on the road) this means to me that they are stuck in their comfort zone and still haven’t learned to think outside the box. We, humans are resilient creatures, I strongly believe in this!

[@alexgeorge9485]

⬆️⬆️📥Leave a message

[@lafemmelaMon]

This is diffrent and will be far worse!

[@SanctifiedLady]

@@lafemmelaMon if that’s what you think for yourself, that’s the way it will be for you. Either way ppl can’t let fear lead them, it will not make it better for you.

[@lafemmelaMon]

@@SanctifiedLady I am not talking from a fear point but analysis.

[@babyhullk]

All you can do is prepare to the best of your abilities

[@rebeccaartgallary]

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

[@roberttaylor662]

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.

[@lindamattalom]

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.

[@arthurworld9768]

@@lindamattalom who is this individual guiding you? I lost over $9000 just last week, so I’m in dire need of a financial-planner.

[@lindamattalom]

@@arthurworld9768 Credits to Deanna Lynn Renfro she has a web presence, so you can simply just search her.

[@arthurworld9768]

@@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.

[@afeesoluwanishola5929]

How do I really invest in bitcoin and make huge profits , i'm actually confused here, can someone please help me out

[@melissajones3191]

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

[@elisabethhamilton1048]

@@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.

[@helenadams4641]

@@elisabethhamilton1048 That's true most people today have been having a lot of failures in bitcoin because of poor orientation or bad experts

[@helenadams4641]

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

[@terfastarik9698]

@@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

[@joannepoland9664]

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.

[@granthill2980]

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.

[@knightsorder]

well said

[@mikebrichardson]

Something that can never be taken away from you

[@sunman4291]

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

[@caseyvollan8558]

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_JACK]

what really makes a man happy? Because it changes drastically like my apatite

[@kaylawood9053]

What's happening in the market is quite unfortunate. However, if you're cautious, even the worst recessions present fantastic purchasing chances in the markets. Additionally, heard volatility can produce fantastic short-term buy and sell opportunities. My portfolio has lost approximately $13K this month alone, and my earnings are in free fall as a result of the market conditions. I would be grateful for any further guidance from anyone who has greater knowledge.

[@legacymedia8468]

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 of a broke'r or financial advisr.

[@jeffsloan4474]

good one

[@annielee6261]

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.

[@lor102]

Where do I learn about his baby steps?

[@artsmart]

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!

[@marcchop7914]

“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

[@purplethumb7887]

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!

[@greenpear6407]

You are spot on!

[@sebastianspiegler5801]

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

[@liambracey6708]

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.

[@lylahthompson2169]

@@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.

[@richardsoncuthel810]

@@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.

[@aubreymcgovern9467]

@@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?

[@richardsoncuthel810]

@@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.

[@effy9345]

This old man is answering his questions like a champion

[@mariahhayes5089]

“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.

[@raymondbarnes5264]

Adapting is a huge part of this business.

[@helenoliver4838]

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?.

[@mariahhayes5089]

@@helenoliver4838 all you need is a professional trader/broker else you will continue making losses

[@mariahhayes5089]

@@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.

[@mariahhayes5089]

@@helenoliver4838 'PRISCILLA DIANE AIVAZIAN"

[@Lemariecooper]

The crypto market is facing a key moment right now definitely in a short period of time it's going to incure a breakout to new record high.This is a critical moment where every investor needs to be aware of buying more with the current market trends, investing in bitcoin will be a very awesome move to make as its going to sky rock soon.

[@patrickbrussels4454]

I have made quite a stride investment on my own but I am aware of the benefits of consulting with a professional hands but haven't found any yet.

[@jessicasquire]

@@patrickbrussels4454 I completely agree, which is why I prefer to delegate daily decision-making to an investing coach. It is nearly impossible for them to underperform given their specialized knowledge and research, as well as the fact that every one of their abilities is geared toward utilizing risk for its asymmetrical potential and mitigating it as a buffer against certain bad turns. I've been working with an investment coach for over two years and have made over a quarter million dollar.

[@Erikkurilla01]

@@jessicasquire I've been thinking about going that route. I've been holding onto a lot of stocks, but they're starting to lose value, and I'm not sure if I should retain them or sell them. I think hiring your investment coach would help me restructure my portfolio.

[@jessicasquire]

@@Erikkurilla01 Yes, you can use a search engine to hunt for FLORENCE YAGODA . However, I'm not certain that I can bring this up. In 2020, she attracted a lot of attention. She manages my portfolio and serves as my mentor.

[@rdowdall1]

@@Erikkurilla01 During the past couple of years, REITs have been working out well for me.

[@danielavalencia3692]

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.

[@CordeleRocks]

The fact that Tom asked “What can we do to help people deal with what’s coming?” Truly warms my heart ❤️

[@Hashartnft]

❤❤❤

[@stevenoverlord]

Ray dalio didn't really anwser it at all either

[@tmstani23]

And Dalio's answer was cancer.

[@eddie788]

Help with what? The intentional imploding of the world economy, done on purpose?

[@Nutberg20]

Watching this whilst living in my camper van! Time to go off grid people 🙌🙌🙌

[@CY-fp1cx]

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!

[@KiwikimNZ]

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. :)

[@virtualworldofcraps2237]

@@KiwikimNZ beautiful❤️

[@bruceconnor8010]

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

[@watchingtariq4637]

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.

[@torytripp5108]

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

[@jefferysfishing8190]

@@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.

[@torytripp5108]

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

[@thegreatduke3459]

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.

[@mountainmover777]

I already have nothing so I'm ahead of the game! WINNING..

[@roundandsquareful]

"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.

[@roundandsquareful]

@@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.

[@PaulusAlone]

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 .

[@roundandsquareful]

@@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.

[@PaulusAlone]

@@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. 🤗

[@magnanorth4713]

Love it!

[@paulamcminn9618]

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.

[@rudenko618]

@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.

[@vince31478]

@John Kent She’s considered a key crypto strategist with one of the best copy trading portfolio and very active in the crypto space

[@jacobvanveit3437]

I think the bots need the new Chatgpt upgrade. It’s too obvious!

[@johnparris2353]

U have 2 buy .more average down MKe .more in longrun

[@thanos879]

WHY IS THIS SCAM BOT COMMENT STILL UP?

[@charlottem.5134]

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.

[@micahhills5320]

The market is all about crypto now, you might want to look into it.

[@bobvan2201]

@@micahhills5320 Nobody becomes a millionaire or billionaire by working for others and depending on them, good investment brings millions of dollars.

[@bobvan2201]

Investing in Stocks is the wisest decision, If you've not been involved in any you're missing out.

[@Rosalia-mr2fn]

I'm New to Bitcoin/forex trading. Can someone guide me on good way to trade?

[@Rosalia-mr2fn]

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.

[@theresa8843]

"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

[@julyrosales]

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

[@granthill2980]

You never stop learning. Once you get out of school is when you really begin learning.

[@Chooli8]

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 ❤

[@LeafsIn2024]

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. 🙏🇨🇦

[@chilichickSantaFe]

Tom is a great interviewer.

[@LeafsIn2024]

@Kim Darna"leave now"?? If you meant learn now... FTX, etc., no thank you!

[@armandoruiz8758]

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?

[@costadias8562]

Thanks for doing this conversation, very good one!

[@kellymcginnis123]

Literally your explanation of bond gave me such clarity. Thank you .

[@doowserg7263]

I love the whole conversation and life perspective here. It’s actually uplifting given the circumstances.

[@rountex115]

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!

[@noahjohnson4279]

They are legit

[@fridaber6069]

​@@noahjohnson4279 stop with these fake bot comments... everyone can see from a mile away that these are fake

[@elainep8873]

Scammee

[@jwcs69]

I'm impressed with how patient Ray is with the questions.

[@michaeladavis7953]

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.

[@tracyh1222]

Trading with an expert has been the best way of making huge returns from crypto currency.

[@tracyh1222]

The common mistake we newbies make is venturing into the market without help and legit guidance from a professional.

[@jimsutton9618]

@@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.

[@jimsutton9618]

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-mr2fn]

The market is all about crypto now, you might want to look into it.

[@cgm978]

Tom, with gratitude & thank you, there was so much brought forth here! I created notes for myself that will be very helpful. Thank you.

[@_stokyo_]

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

[@elitik2519]

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!

[@beverlycarcamo6687]

I am truly thankful for this information

[@organizer14]

Ray Dalio is so wise and generous! Fabulous conversation with Tom!

[@cosmiccometchichi]

what an amazing conversation. I feel blessed to have watched this. Wow thank you guys 🙏🌈

[@reasonerenlightened2456]

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.

[@bluesman4trades70]

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-zq6oe]

Well said mate

[@salmanel-farsi3744]

Thanks Tom for asking basic questions that has allowed me to understand this complex financial relationships.

[@soulaudacity555]

Kudos to Tom for asking the real & hard questions👏🏽👏🏽👏🏽.

[@robbyeapperson6240]

The sharing of honest information is such a kind endeavor...thank you.

[@phillipnaz9012]

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!

[@Rose.Marie.]

Thank you for describing financial terms for people trying to become financially wise🙏

[@michaelsaylor8661]

Even if you have a great full-time job, it’s not a bad idea to have a source of extra income on the side. With job security so nonexistent these days, more jobs mean more job security. Diversifying your streams of income is at least as important as diversifying your investments.. The stock market used to look very complex to me, but now I realize it is a very reliable way to make money, particularly in this economy. I used to worry about media buzzwords like inflation, recession, etc. but I realize that if I'm invested in good companies, there's really not much to worry about. I have $450k, and I want to put most of the money into the market. in particular, try to build a portfolio of investment (like stocks and bonds). Any idea on how to execute this plans

[@coreymorris3008]

As we mature in years, we come to recognize the importance of comprehending our financial requirements and devising a solid strategy to brace for the unforeseen. Having spent 7 years in the investment arena, I can attest to the value of my decision. Fortunately, it is not too late, and I would recommend seeking guidance from an experienced mentor, particularly during these times of economic downturn.

[@louisairvin3052]

@@coreymorris3008 you are right. especially in this weak market, there are several opportunities to generate excellent returns, but such intricate transactions can only be carried out by seasoned market professionals. I prefer to put my money where it can grow at market rates but completely protected from market losses

[@michaelsaylor8661]

@@coreymorris3008 have been exploring the possibility of consulting with advisors. I am in need of professional Advisor, but I am curious to know how truly impactful their services can be.

[@louisairvin3052]

@@michaelsaylor8661 very well. her service is top-notch, I had the pleasure of working with her, And she has proved to be immensely advantageous as they helped me restructure my entire portfolio. I have been working with KAITLIN ROSE STERNBERG for years now, And she made decent returns. you can look up for her on the internet.

[@michaelsaylor8661]

@@louisairvin3052 it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé. thank you.

[@simranbothra7447]

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!!

[@noahjohnson4279]

They are legit

[@elainep8873]

Scammer

[@jays7318]

Tom has a good heart. He is genuinely concerned about those less fortunate than himself

[@handyrams4822]

Dude. You got Ray Dalio on your show. Legend.

[@karenkuffel3996]

Thanks for asking questions for the average or below average earning people.

[@michelejewett6436]

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

[@dabela2279]

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

[@dylanmoris6211]

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!

[@RobertCooper03]

Bull markets produce many self-claimed stock pickers but in reality, the true stock market genius is born in a bear market

[@adakkristinn]

@@RobertCooper03This Reminds me of the phrase...."Rising tide raises all boats" to which Warren Buffet added "It’s only when the tide goes out that you discover who’s been swimming naked"

[@Karagoldberg7]

@@RobertCooper03 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.

[@KelvinWallace]

@@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.

[@williamsbrown4026]

@@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.

[@anncazares111]

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.

[@Organizer14669]

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!❤

[@hicksa1]

Tom does the best interview's period! He's not afraid to ask and re-asks for people like me. Thank you Tom!

[@vickilynn2778]

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.

[@irinacrow258]

Does she fullfiled the most important duty being great mother and wife?

[@tactileslut]

"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.

[@ud1235]

Ending discussion was superb. Ray dalio wealth discussion in this video was interrupted more aften, but the channeling between health and wealth towards the end introducing meditation was a great mix for your channel.

[@trinawms3749]

This is really good knowledge, wish it was taught like this in schools

[@mysandyballs]

I would love to sit and watch Ray Dalio sit down with Billy Connolly for a chat about anything and everything. I am pretty confident we would all come out the other end enlightened and entertained.

[@jarrodmontague3424]

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!

[@Yungmansgift215]

Thank you Tom! I've had Two of Ray's books one for two years(Principals) and The Changing World order, and haven't finished neither but hearing his interviews always remind me to push forward and finish! Thank you Ray! Life is distracting and these questions answered and POVs help alot!

[@recongraves1269]

Same the other day on Twitter he sent out free notepads and pens that say principal on it it was really nice for you of charge no shipping no handling I think he's a good guy

[@ginacardarella]

Love Tom 👍 your not afraid to make it simple and ask the questions

[@Elizabethgreen779]

*Ray Dalio is such a blessing to me. Success has no shortcuts, but there are ways to go about it; they are below👇*

[@Elizabethgreen779]

Most successful people always seek the ideas and experience of Financial Professionals that help tackle issues on wealth management and growth but claim to attain their success alone

[@Elizabethgreen779]

To attain financial growth, you need a high degree of knowledge and experience from a professional to make your goals a reality. Get a professional to walk you to success.

[@theodorerossi7998]

If I don’t do something about my financial situation, my income will remain stagnant. Please, how can I get a Professional to help grow my Finance? I look forward to your reply

[@Elizabethgreen779]

Oh, sorry for the late response. I engage in various investments through the guides of a highly skilled Investment Professional and have so far achieved over $500k in return. The idea of getting a Professional has been great for me, it has shaped my finances over the years; my retirement is looking good. 🥂

[@Elizabethgreen779]

To get in touch with my Investment Professional, you should do an internet research with her full names mentioned below ..

[@SoloMotivation]

*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. 💝

[@happygirl8298]

Thank you, I learned so much!

[@vishaldas7332]

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.

[@fridaber6069]

stop with these fake bot comments... everyone can see from a mile away that these are fake

[@atomisticpartb525]

nice discussion of these topics, love Ray Dalio

[@olupotdeogracious9192]

THANK YOU, TOM, FOR ASKING THOSE QUESTIONS FOR US FOLKS TO UNDERSTAND IN SIMPLEST FORM

[@on9francisyu]

getting to the point sometime it is the hardest to do

[@richardschnedorf5711]

Outstanding presentation.

[@rodiculous9464]

"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

[@ladypac2533]

Thank you so much for helping thos that don’t understand the severity , I’m so glad I came across this it kind of scares me because my partner doesn’t get it and we have four girls my youngest is 2 and I m staying home trying to figure out if I should open up my own llc , I’m just overwhelmed juggling thru so much I am just one person.

[@grantbennett333]

Quantitative Sleasing

[@LukeWatts85]

You mentioned "government training programmes" as a way to get into working in the "skill you love that sells". I can't recommend this method enough! I lost my job of 7 years due to the 2008 recession. I was an AutoCAD technician (mostly learned on the job). I was making 24k I think. I was never going to make more than 40k in that role. So while unemployed I availed of my countries unemployment training scheme and learned computer programming. I now make 3 times what I did, and my wage ceiling is probably 3 times that again. I didn't even finish high school. No college. I just loved working with computers and I knew it was the future. Traditional school and college would never have given me what those government run programmes offered, because colleges are (still) teaching a curriculum that simply can't keep up with the real world in tech

[@patty3451]

I appreciate all that you do for communities Mr. Ray Diallo!

[@believe722]

Very good Questions!!

[@Lovejoy53367]

Ray Dalio, you’re a genius!!! Great questions sir! a life learning lessons. Thank you