iT's aN iNveStMenT bRo!

[@HowMoneyWorks]

🥳 Get up to 47% off the best holiday gift using my link → ridge.com/money

[@Geoffthegayrobotroomate]

Study the USSR after afghanistan.... the song may be different, but remains the same. Look at our workforce. People no longer work but are "working", i.e. doing the least amount of work because nothing they do matters anyways. We have become a corporateocracy, the wars, the economy are too broadly linked. Sadly, if you still think the system works for you, I have an ocean in wyoming for *dirt* cheap.

[@rozhdov]

Thanks for the video. Please, refrain from including commonly used notification sounds into video - they make viewer (me) think that they actually received notification.

[@kopkaljdsao]

Devil's advocate. Crypto can only work if a US leader is dumb enough to give it governmental backing. Even if this endangers the US dollar's standing as a global currency. So...

[@anderschristoffersrensen1744]

Stop investing in stupid things, people. The stock market exits for a reason. So that start ups can have a chance in a rigged economy.

[@anderschristoffersrensen1744]

​@@GeoffthegayrobotroomateStellar joke, my dude.❤ You are a dude right. Don't mean to offend. I truly are sorry for every word and breath, but I have a jobb to do.

[@incurableromantic4006]

"People are no longer being greedy, they're being desperate" Damn. That sums up just about everything.

[@zwerko]

Most greediness comes out of desperation, anyway, or rather out of fear from getting into the state of desperation so we're a bit hard-wired to, given a chance, grab as much as we can whether we need it or not, as 'you never know when will you have another opportunity'. It takes mental effort to recognize and resist the urge to be greedy, and left to themselves, water, electricity and humans always go down the path of least resistance.

[@RMJJ91]

The rich are getting more greedy. The poor are getting more desperate.

[@BOBTHEBERT]

@@wbay3848 What do you mean he didn't mention anything about the ongoing genocide in Gaza.

[@zwerko]

@@wbay3848 Takes an effort not to be racist or xenophobic, either, an effort you obviously didn't make...

[@Dimythios]

Lack of common sense.

[@mrcead]

Warren Buffet said it best - basically said if your glue sniffing neighbor is all of a sudden driving a better car than you, the market is about to tank, he ain't been wrong yet😂

[@wanderer2688]

Or he's also selling the stuff he sniffs 😂

[@KingUnKaged]

Bro, I love you, but you're out of your depth on this one. My Beanie Baby collection is gonna' 10x in value any day now, I can feel it!

[@zachweyrauch2988]

Not before my pog collection goes to the moon😅

[@Adelina-293]

Baseball cards for the win.

[@SimuLord]

I have two Beanie Babies. Their value is "priceless" because they've been mascots and constant companions through 24 years of my life's ups and downs. Best investment ever.

[@sidwhiting665]

Oh man! I remember my wife buying these back in the late 90s and early 2000s. She'd tell me how much they were "worth" based on a book. I didn't have the heart to tell her they were not worth a penny more than what you could convince someone to pay, and when they became unpopular, the price dropped like a rock. She ended up putting her entire "collection" in black plastic garbage bags where they sat ina closet for years until she finally gave them away to a thrift store. Thankfully she never paid more than $30 for one.

[@Ziggy9000]

I remember getting a bunch cheap at an estate sale hoping to resell. I could barely even give them away. Turns out things are only worth what people are willing to pay.

[@Ronniezim]

It’s a wild world when real estate prices tanking is called “wealth destruction “ instead of awesome.

[@robrockstar9648]

That’s what happens when you view houses as stocks

[@pairofdragonflywings]

Real estate prices dropping is awesome, unless you are actively trying to sell a home or you own a home and your city/state refuses to drop taxes to match the price drop in the market. So, net awesomeness.

[@sharonh2991]

It all depends on which side of the wealth spectrum you’re on.

[@grzegorzswist]

It's awesome if you want to buy. It's terrible if you want to sell or get a big loan.

[@StacksSats]

bitcoin is better

[@katarh]

The only person I know who "won" GameStonks used the 80K he made out of his sellout to take a year off from work, go back to business school, and get a master's degree in data analytics while that market was still hot.

[@Iquey]

That's awesome because at least education is the one investment that cannot be taken from you as long as you remain committed to lifelong learning.

[@shroomer3867]

It still is, just maybe on a bit of stormy water due to AI appearing, but it turned out to not be smart enough to replace professionals just yet...

[@mustang8206]

Smart man

[@jokerpilled2535]

Poverty keeps smart people out of the competition.

[@justhodl6562]

This is the way

[@H.LeonideSouza]

That is why one of the best investment advices I ever heard was "Invest in yourself, asset values can flutuate a lot. But a competent and dependable person that can solve problems will always be valuable".

[@kianyanglee4618]

Yup

[@Zyo117]

AI: hold my proxy

[@TESkyrimizer]

unfortunately you still have to invest in the right area like i cant just be a gym rat and then go join the olympics. long shot i also shouldnt go to med school because long shot most ppl end up doing boring jobs instead

[@C_oboe]

@@TESkyrimizer that’s low key a good example that gym rat analogy

[@valarcon9132]

@@Zyo117if you are somewhat highly knowledgeable in a topic and you ask AI about it, you will understand how far we really are from a reality of not needing experts. Probably there will always be a need for them, because how else will we know if AI is bullshitting us like it does now?

[@danielgrezda3339]

With so many blatant scams around, I think people like being scammed.

[@zachweyrauch2988]

Unironically ya they do. Scams are designed to feel great until you realize they exist and then ideally you're so ashamed you don't warn your friends.

[@firefoxx_x]

⁠@@zachweyrauch2988People may be mocked for warning others, but eventually, those who mock will cry when they make the mistake and wonder, “Why did nobody warn me?” 😒

[@tomlxyz]

I've recently heard the idea that going for something scammy in hope of it paying big, like turning potentially not getting scammed being gambling

[@incurableromantic4006]

People are naturally drawn to the idea of easy-gains: and they become more attracted to it the poorer they are and the less chance they have of ever climbing out of it. E.g. Lottery tickets being mostly bought by the poor.

[@daysofend]

Scammers are not selling products, they're selling hope.

[@xlerb2286]

So many of these things operate on the "greater fool" principle. People know they're overpriced but are confident there's a greater fool out there that will buy it at a higher price. It's always the same plot. A frenzied run up, a bit of a stutter as people start wondering if they're the last greater fool, and then the rapid crash. Doesn't matter whether we're talking Beanie Babies, handbags, or watches. Some people make money, most people lose money - especially the small "investors".

[@jesser9115]

Or maybe the currency is being destroyed before your eyes and you chose to believe super popular channels but hey who knows right 🤷🐑🐑🐑

[@trollunion54]

​@@jesser9115 I hope you're talking about BTC rather than using beanie babies and Pokémon cards to preserve wealth

[@jesser9115]

@@trollunion54 as of right now the current pozi allows you to redeem it for real items, some assets(gold, silver, means of production, land) maybe some sentimental assets that are rare and not easily found…those with a lot of this pozi)”cash” are willing to redeem it as it’s just fugazi… Now this ponzi “cash” that has no true value and is only used to redeem, is now being advertised to redeem another ponzi that again is only valued on believe and yes I’m talking about bitcoin 🤣🤣🤣 can I eat bitcoin? Can I use it everywhere? As a means of exchange or redemption? Besides the current “greater fool” theory ^ this guys talking about, what truly gives bitcoin its value? Honest question

[@boredstudent9468]

​@@jesser9115 actually people like you are doing inflation, because fiat currencies are backed by stability, and with stuff like Trumps election, miss information and fear mongering this stability (seems to) waver

[@thefishking7582]

I have tons of Pokemon cards from the last 28 years not because I saw them as an investment, but because I actually played the game. I have been selling off my very old cards now because the price people are willing to pay is insane. I would never buy these cards at these prices, but I will gladly sell them to the people crazy enough to buy them at these prices. Made over $50k in 5 months from these sales. It's insane.

[@ohiasdxfcghbljokasdjhnfvaw4ehr]

you must have still collected ones with high value or at least spent a shit ton of money on them. I've been collecting since i was 5 and have easily 5-10k cards, and I doubt I could get $1000 for them all.

[@thefishking7582]

@ohiasdxfcghbljokasdjhnfvaw4ehr you are correct on both counts. I have been competitively playing since the beginning and I am on staff for every major North American tournament. Some of those staff exclusive cards are with thousands.

[@meljaxb]

@thefishking7582 where did you sell yours? I wanted to do the same, but on fleamarkets the card's cost around 1€ so I'm not sure, where to sell mine for profit. There are some really old ones, but I don't even know the value 🙈

[@turtleanton6539]

​@ohiasdxfcghbljokasdjhnfvainde w4ehr indeed

[@carknower]

Don’t forget to give the IRS their hard earned cut

[@KarenLavia]

If I had $360k I would invest $100k in tech & $260k into dividend stock with a proven track record to grow with capital appreciation & dividend increase year over year

[@sharonwinson-m8g]

Adding JEPI and JEPQ are smart additions in my opinion. As for staying committed to higher-risk investments, it's all about balancing your risk tolerance with your long-term goals.

[@IamJonny-o4v]

The market is not necessarily a rollercoaster if you know your way around the market, there are various opportunities in the present market to accrue good profit, If you are not too savvy with the market, just buy and hold on strong companies with good earnings, or consult with advisors on ETFs and actively managed funds. that’s what works for my spouse and I. We've made over 30% capital growth minus dividends.

[@TinaJames222]

I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advisor? I'll be happy to use some help.

[@Vincent-j8u]

I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.

[@77714anthony]

🤖’s

[@1989rab]

Your sponsored pitch is hilarious to me as an engineer. "RFID blocking technology" is the fanciest way of saying, "It's made of aluminum," I have ever heard. It's not high-tech. It's just a simple material property of aluminum. Nice wallet, though

[@nmmeswey3584]

aluminum is a pretty cool technology all things considered

[@Alejandro_san]

Absolutely cringe and painfully ironic sponsor.

[@partnermammoth2562]

yh literally all yt sponsors are one of three things: overpriced crap with exaggerated marketing, literal scams or lastly boring shite. The thing I hate about the ridge wallet and products like it is the insistance to use expensive materials to pretend to justify BS prices Like "ooh its made of aerospace grade titanium" why tho thats so unnecessary.

[@relo999]

@@partnermammoth2562 That's TI 6AL-4V which is funnily enough also one of the most common forms of titanium in products. Same with the "military grade encryption" from some VPN companies, it being the most commonly used encryption form.

[@westerling8436]

I have a leather wallet with a picture of your mom

[@deralufe9094]

I made 300% on Nvidea but invested only 3$ 💀

[@bradley6386]

That happened with me and bitcoin lol I invested 150 dollars on a whim and doubled it

[@monsterboomer8051]

@@bradley6386 You have that alpha male grinding mindset. If you add 350$ more, you can afford Andrew Tate alpha male money courses. Keep grinding to leave matrix.

[@ctsxhp326]

Same here big man, I put some money down around 2020 and it has had significant gains... Those significant gains resulted in 1000. Great, guess I can pay my rent for a single month off my investment LOL. But boy the profit margins were high.

[@Angry-Lynx]

yup, similar, its my only stock than gone up, and so much that more than compensated losses for all other ;

[@Aaron565]

@@bradley6386 And you're far better off than if you hadnt. If your entire savings was in btc you'd be retired.

[@donotlendbookstome7923]

If Kevin O’Leary is recommending it, it’s probably a bad idea.

[@noosy530]

Mr blunderful

[@deeptoot1453]

Kevin O'LIEry

[@breach005]

That scamming piece of dog shit belongs in prison with the rest of these cryptobro criminals

[@Threedogsinatrenchcoat]

This! Im so tired of every person/platform endlessly glazing shark tank members, oh their attributes are greed and a platform to display greed. Contestants who made deals with them had to sign nda's then get shafted while the "shark" recoups their investment and squeezes them out with legal teams...

[@uFFFO]

Wrong. It's not probably a bad idea, it definitely is.

[@eurotrashshow]

10:36 - “China is the largest market for luxury goods” - shows picture of Thailand

[@Data_Man]

Came here to say the same thing 😂😂😂😂

[@bimrebeats]

wym? that’s HMW trademark by now 😂

[@GooseCee]

Im American and here’s thats the same place

[@drew8235]

​@@GooseCeeWell, thankfully not all Americans are like you. 😂

[@girldaddividendinvestor]

​@GooseCee 🤡🤡🤡

[@jensenchavez265]

The resale industry in general has gotten out of hand. Goodwill charges retail prices now for used goods.

[@PlaystationMasterPS3]

I tried to go and buy some cheap gold clubs to get back into playing and they don't even sell them in stores anymore, they put them online and charge almost what a new set would cost. I used to get them for under $7 a pop off a rack and just hit balls off at the range. I wish I had the space to have brought them last time I moved because now I'd have to spend like $300 to have what I thought I could have easily replaced.

[@jensenchavez265]

@PlaystationMasterPS3 It's absolutely ridiculous

[@breach005]

They started leaning into the Poor-chic thing, so now used clothes are for affluent shitter status symbols too

[@corgeousgeorge]

for real

[@DKNguyen3.1415]

@@PlaystationMasterPS3 took a while for me to realize you mean golf clubs and not gold golf clubs.

[@AGNESCHANG-u9h]

Is S&P 500 good enough to go all in right now? Or should someone start on popular stocks such as APLE, or SBUX. I want to invest around 200 grand from my cash savings.

[@PauleAraiza]

Buy GME, DJT!!!

[@Dollrnri]

Follow the S&P 500 by investing in ETFs like VOO, SPY, and SCHD. Dollar-cost averaging into these ETFs will likely outperform most investors in this bull run.

[@AddilynTuffin]

"DCA" is the golden term but the key. My dollar portfolio i DCA with is made up of 30% SCHG, 25% SCHD, 15% VOO and over 30% in digital assets, thanks to my CFA. This alongside strategic diversification is what works for my spouse and I. We've made over 80% capital growth minus dividends. Q3 taxable divs this year was $18,388.

[@olivenealr06]

@@AddilynTuffin I find your situation fascinating. Would you be willing to suggest a trusted advisor you've worked with?

[@AddilynTuffin]

Sure i can! Jennifer Leigh Hickman is the T.X- based advisor I use and her performance has been consistently impressive. She’s quite known in her field, look her up.

[@kortyEdna825]

When the pandemic struck, Buffet was also selling. It was a terrific time to buy equities overall and a great entry point for those in my generation, who were in their 30s and 40s. Do you believe this would be a good time to sell some stocks as well? I'm wondering what the best ways are to rebalance my $2 million holdings.

[@PatrickFitzgerald-cx6io]

Even with great opportunities, we should proceed cautiously. Seeking market analysis or advice from certified market strategists is important.

[@foden700]

I agree. Exactly why I now work with one. A lot of folks downplay the role of advisors until being burnt by their emotions, no offense. I remember some years back, during the covid-outbreak, I needed a good boost to stay afloat, hence researched for advisors and thankfully came across one with grit. As of today, my cash reserve has yielded from $350k to nearly $1m

[@brucemichelle5689.]

I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

[@foden700]

‘’Aileen Gertrude Tippy’' is the licensed advisor I use and i'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.

[@brucemichelle5689.]

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. I just scheduled a caII.

[@luckybaba1026]

Everyone I know who wears fancy clothes and drives an expensive car is deep in debt.

[@Lolatyou332]

Cause they want to be like the other people who wear fancy clothes and drive expensive cars who are also in debt. Unless I know the persons career, or if they are very old, I just assume they are in pretty bad debt if they buy an expensive car. Even making like 140k/yr+, buying a car worth more than 5-10% of my net worth seems stupid. Wouldn't buy a 100k car until I have over 1M$ in financial assets.

[@Sun2Gway]

@@Lolatyou332 yeah rich people use stock as debt so..

[@EJH783]

Im in deep debt without it

[@skymuffn]

…what is considered fancy now a days? In what price range does expensive fall on in regards to vehicles? They all start at an eye watering $55K. Most of the financially attuned here in my leafy town by the Bay tend to gravitate towards well crafted quality wear and a lot do drive well curated higher end vehicles yet a few prefer older MBZ wagons

[@stoundingresults]

I knew a guy that was a real estate developer lawyer person and owned construction business, definitely multi-millionaire and he dressed normal. You could talk to him and the man definately had knowledge on a lot of subjects. Also another person that would come down from Los Angeles to San Diego to go on a 10-day sport fishing trip and he just casually said that he was investing in buying 20 houses cash during the 2008 financial crisis. The guy drove an old Toyota truck that he seemed to have bought new. That guy loved his energy drinks, he had like 10 cases with his fishing gear.

[@benjamineprg4249]

the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skills and knowledge

[@benjamineprg4249]

Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional in order to navigate this recession and achieve potential high yields.

[@Sanchyfab]

It's crucial for individuals to diversify their portfolios, seek professional financial advice, and stay informed about market trends to navigate these challenges effectively.

[@Sanchyfab]

Consider diversifying your portfolio with a mix of stocks and stable assets. Seeking professional advice now could provide valuable insights and strategies to navigate market uncertainties and protect your investments.

[@V.stones]

Agreed, I've always delegated my excesses to an advisor, since suffering major portfolio loss early 2020, amid covid outbreak. I'm now semi-retired and only work 7.5 hours a week, with barely 25% short of my $1m retirement goal after subsequent investments to date.

[@V.stones]

Consulting with a financial consultant can provide personalized insights and help align your investment strategy with your retirement goals.

[@kdavidsmith1]

This all feels like a whole pump & dump scheme by rich people and lux manufacturers.

[@doomsdayrabbit4398]

For sure. The minute I saw Doge going back up once Trump was reelected was the moment I confirmed it. The whole thing's a scam. Once I get back up to the price I paid for it at, I'm done. I only put $150 in anyway.

[@thanakonpraepanich4284]

Now you get me thinking; which one of these luxury brand owners and shareholders want out and ready to kill the brand with this pump-and-dump scheme to do so?

[@jesser9115]

The dollar? 😂😂😂

[@jordanandonov8856]

yes that is like 99% of each and every market on earth since the dawn of time.

[@MustbeTheBassest]

As I'm getting older, everything really starts to seem like that. "The bigger fool" based economy

[@David-nx2vm]

I’m a watch enthusiast. The guy who tells his wife the watch he wants is an investment is the same guy who justifies buying a Harley because he will save on gas. Watches fall into the “Collectibles” investment class, along with coins, stamps, baseball cards, and Hummel figurines. Real investors run from that stuff as fast as they can. Collectibles cannot be accurately valued using financial models, so it’s impossible to know what they are really worth.

[@impyrobot]

Buying a watch as an investment is stupid it has no inherent value in the case of a Rolex, AP or Patek it is literally just fake scarcity and we've seen prices of many notable pieces drop below retail since COVID. Mind you, a gold Rolex say daydate will always be worth something if you need to pawn it off your wrist in an emergency.

[@MaddEndd]

Yeah, I saw that trend with coins, all the sudden there were these limited edition coins. Problem was there were hundreds of them, and they were very similar between each other. In ten or twenty years no one comes running to you to buy them. They are nice to look at, sometimes. But they were really not worth the money people spent on them.

[@Xanthelei]

Yup, as a lifelong collector (thank you, Pokemon, for hooking me early...) I decided after Beanie Babies tanked I was only going to collect things I actually enjoyed looking at/going through. The things that fit that definition has changed a lot over time, but the last thing I regret collecting actively was Beanie Babies, so I figure it's a win.

[@CantoniaCustoms]

I'm exclusively a nerd for Chinese and Russian watch brands because they keep prices fair.

[@elosacle]

​@@CantoniaCustomsWhile I have two watches I bought because they were made in the US, China and Russia have been producing some pretty interesting original designs.

[@mactireliath2356]

It’s amazing that this whole marketplace has emerged around alternative investments, when most of them started as underground money laundering, theft, and contract hit projects. Wild

[@gobot4455]

Not really. Miami was a sleepy retirement town until it became a hub for the drug smuggling business and the attendant money laundering. Money has no smell.

[@matteomontanari2960]

That hasn't changed. People who made money from crypto bought watches because they aren't on paper. Why do you think any crypto broker would introduce a card? So you can spend money without moving them to your very well-tracked bank account.

[@rightwingsafetysquad9872]

​@@matteomontanari2960 very similar to "Billionaires" having a negative net worth if you don't count their stock holdings. Anything you can do to avoid registering an income in Dollars to avoid paying the tax man.

[@Lacewise]

I mean… whole studios have sprung up around streaming companies pretending they’re not broadcasters Is it really that surprising?

[@chernobyl169]

They're still underground money laundering, theft, and contract hit projects The money interests just stopped caring about the appearance of propriety

[@paulheny]

The market's rise after Trump's win is surprising given the economic uncertainty. While some stocks, like Al-focused ones, look strong long-term, the volatility makes me cautious. Even Bitcoin is seeing a boost, but it's tough to predict where things are heading with inflation and interest rates. Staying cautious but watching for opportunities.

[@Janeknight77]

I agree. Even with great opportunities, we should proceed cautiously. Seeking market analysis or advice from certified market strategists is important.

[@JsotoPapito]

A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $375k to $850K

[@PodologiaBarran]

"You guys are making sense, but here's my dilemma: I know I need a financial advisor to guide me, but I have no clue how to find someone legit. Too many options and way too many scams out there. Suggestions welcome!"

[@LilianHingle]

@JsotoPapito Who is this person guiding you and how can i reach her?

[@JsotoPapito]

I'm very cautious about giving specific recommendations as everyone's situation varies. Consider independent financial advisors like "Tracy Britt Cool Consulting" I've worked with her for some years and highly recommend her. Check if she meets your criteria.

[@SuzuNoUtaTX]

The worldwide addiction to gambling continues. People seem to not want to understand that they have become the product.

[@Lacewise]

That’s true across most industries. It’s… weird.

[@SuzuNoUtaTX]

@ “everyone is a sucker but me! I’ll be different” mentality.

[@SuzuNoUtaTX]

@@Lacewise I meant why others continue to fall for these schemes.

[@Lacewise]

@@SuzuNoUtaTX oh my god, I am so sorry. I am used to random hostility online. Yes, everyone does think that, and it takes a lot of knowledge and effort to realize that I, myself, can also be the sucker. And if I am currently the sucker is worth considering. Everyone has made themselves the perfect marks and they brag about it on social media. It’s so disorienting. I have no idea how to convince people to fund education again but I don’t think we can survive high school skills gatekept to university students for long.

[@funghi2606]

A yes, my weekly dose of “the majority of investments are just for people who are already rich, you have to work hard to have the money power to invest”

[@TrollOfReason]

"Working hard" is a pretty disingenuous euphemism for generational wealth.

[@impyrobot]

@@TrollOfReason Someone probably worked hard and smart or at the very least was lucky at some point in the family line to make the fortune naturally the children if not taught very well will squander it most of the time having always lived a life of surplus. The majority of wealthy being generational is untrue the vast amount of millionaires or deca millionaires accumulated their wealth through the course of their life.

[@tomizatko3138]

@@impyrobotLie

[@mlsasd6494]

⁠@@impyrobotwhile the idea is nice its very easy to disproove. Most millionairs are „self made“ because they become rich before their parents die. Why did these people get rich? Because (in general) if you are born into a wealthy family you are more likely to not get traumatized, more likely to receive support early in life, more likely to not suffer from malnoutrition, more likely to be in a position from which its easier to build (e.g. not contributing to household expenses saving money, having less student loans etc.) and having safety nets in place to take risks. If a 24 year old founds a tech start up with wealthy parents his worst outcome is probably a scolding and moving back in with them if it fails, if a 24 founds a tech startup with a poor family his worst case is probably homelessness (without even mentioning that the seed capital of the first one will probably be greater as well, giving more runway). And then we didnt even consider parents starting to retire without enough funds putting (wanted or unwanted) pressure on their children to support them, taking their chance to build wealth if they are not yet at a self sustaining wealth level. Seeing that this actually happens is also possible by just checking stats on socioeconomic mobility, which is on a very low level, meaning that (in general) if your perents were poor you are way more likely to stay poor compared to if your parents were wealthy. Yes there are cases where people out of poor families become wealthy, but the grueling work it often takes really is not comparable to people with wealthier backgrounds. Generationsl wealth is not just someone handing you money. Generaltional wealth is also in your youth environment shaping your future.

[@nerdstrangler4804]

@@impyrobot Ehh that really boils down to whether or not you attribute the money earned from an inheritance to the inheritance or to the person who inherited it. From an accounting perspective a rich person who spends their entire life living off a trust fund may have earned the majority of their wealth. But I think normal people would consider their wealth to be generational. And if you attribute things like capital appreciation and income generated from inherited assets, to the inherited assets. The vast majority of wealth is almost certainly generational.

[@Diverse0725]

Everyone that gets scammed or ends up in crazy debt either believes they are gonna be rich, or are gonna look rich. Those that don't care about being or looking rich are far less likely to get scammed

[@liamjack4996]

My dad gave me two great bits of advice before he left to get milk: - Tell, don’t show - Buy high, sell low Pretty sure he’ll be back any year now.

[@LifeofPH]

Hahahahaahaja that shit cracked me up

[@rakeguy7703]

I'm a fan of Lego, Pokemon and retro video games... imagine how i feel when all these 3 fields infested with investordummies

[@DosbolErlan]

One alternative investment that has not yet imploded is Counter Strike skins.

[@theowainwright7406]

It imploded after the gambling site ban

[@theowainwright7406]

And it would be an idiotic investment because of scams when cashing out and the fact that ur relying on valve not implementing some policy that will make your investment go to zero

[@sciencefliestothemoon2305]

Even after cs2

[@acquisitioned]

it sort of has imploded, prices spiked really high due to the announcement of cs2, the hype died down after the game released but the prices are still at the sameish high, which makes demand of skins really low, especially for new players. Skins that could be traded easily (considered liquid) are now pretty hard to trade away. Biggest trend I noticed is the rate of people buying skins. Pre cs2 announcement people would pay 85-95% skin price, after cs2 announcement, since the market was running high on profits and everyone was making money, people would buy at 95-99%, but now that the market died people are back to paying for 85-95% again, but with a strict focus on only liquids, because non liquid items are lower demand than before. And yea the gambling scene sort of has made everything worse that game

[@Captain.Mystic]

​@@theowainwright7406 "and the fact that ur relying on valve not implementing some policy that will make your investment go to zero" And you just explained word for word(except replace valve for "insert government here") why neoliberalism/reganomics is supported heavily by the upper class, despite the fact that all the promises it made to the working class have been shown to be entirely bullshit.

[@JannyLuits]

I sometimes use my ETFs to buy dividend and growth stocks for diversification instead of reinvesting in the same place. To each their own methods though. The good thing is that you’re investing in the first place and that’s what’s important. Salute for the content!

[@foden700]

Hearing from an experienced investor who has survived the crisis and prospered is always comforting. It could be worrisome when your portfolio goes from green to red, but if you have invested in strong firms, you should just keep growing them and stick to your goal.

[@carssimplified2195]

I’m a contractor, and my job doesn’t permit me the time to properly analyze my holdings/evaluate stocks myself, so I’ve had a fiduciary actively restructuring my portfolio for the past 7 years now to match the present market condition and that’s how I’ve been able to stay afloat, knowing when to buy and sell…

[@NicholasHarmon-ow3jl]

Could you kindly elaborate on the advisor's background and qualifications?

[@carssimplified2195]

Her name is ‘‘Aileen Gertrude Tippy’ can't divulge much. Most likely, the internet should have her basic info, you can research if you like

[@NicholasHarmon-ow3jl]

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.

[@hardlife507]

S&P500 going up 20% means a couple months worth of mortgage to young professional. To a diligent investor nearing retirement it is a good year's salary. To a millionaire it's another vacation home, to a super millionaire it's a new house, super cars and more power. It's really not fair and frustrating knowing the hoarding of well gets worse and worse and we are back to peasants Lords and Kings just with a better standard of living.

[@DanCooper404]

I'll take it. I don't care about getting rich, I just want to be comfortable.

[@samwood4733]

@@DanCooper404 At some point they will come for your comfort too.

[@spencerlukay5809]

@@samwood4733 already are. Now go pay monthly for heated seats in a car as you pay peak rates for heat and electricity.

[@Captain.Mystic]

@@DanCooper404 Ah yes, 30 percent of my income is going to rent and another 60 is going to food... thats a very comfortable 10%, its about to get even more comfy.

[@tommyrich3155]

@@Captain.Mysticyeah rents and housing costs are out of this world. This is all because they keep printing more money so everyone sees housing as the safest way to keep their capital from being totally destroyed by inflation caused by the money printing. This makes housing a commodity rather than just somewhere to live and screws everyone

[@gierrah]

Invest in yourself. If you have the money, buy something you need that will last. This will minimize repair/replacement costs, and better your life. I bought a $300 commercial microwave lately. I'm sure it'll last a long time, but i also bought it because it doesnt have a plate inside, and rather its the emitter that spins. This makes cleaning it much easier and gives a little peace of mind. I bought it now, because I've been looking at it for a year+, but it looks like the plans for the incoming administration include raising tarrifs on imported goods, which would likely result in heavily increased prices. Its a long term investment into myself and my future not needing to buy a replacement.

[@mitchvanwijngaarden1360]

Nice investment, shame that it'll ruin everything you put in it.

[@herbertgunther8951]

Don't worry it does not.

[@TheCraterGames]

Let me buy a house then... Oh wait... Apparently it's an investment too, so I can't afford that. Oh well

[@bdegrds]

​​@@TheCraterGamesabout 70% of households are home owners, why are you less capable than them? Why are you less capable to put in the sacrifice? Why are you less capable to work the hours? Why are you less capable to buy within your means, however small and work your way up and EARN that dream home like every other generation did?

[@gierrah]

@@mitchvanwijngaarden1360 sounds like someone here doesn't know either how to properly use a microwave or what to use it on.

[@SpontaneouslyDeliberate]

All the depressing stuff I learn from this channel stem from one problem: most people can not earn a comfortable living from honest labor.

[@orterves]

We're overdue a revolution

[@ThatOneInTenThousand]

And the desire to get easy money.

[@bmetalfish3928]

Honestly, alot of blue collar stuff pays shockingly well. Hvac, electrician, elevator repairmen, plumber, carpenter and elevator repair can get to a 6 figure income in a year. Cant really get hired through jobs searches though, you do have to know someone who'll hire/train you, but I've met people who worked at grocery stores who met a guy there.

[@cesargonzalez6242]

Work in a union 💪 job. Your wage increases every year.

[@bhok5228-ff8bs]

Touche

[@martinheraud1744]

I'm a magic the gathering player and I see this a lot with people opening a LOT of boosters and then reassure themselves by saying it's an investment. Very fun to see but very sad

[@Adelina-293]

I've seen this firsthand. Once I made $40 on a deluxe foil whatever rare card, I wouldn't recommend selling M:TG cards as a job.

[@markusbetts]

My heavy bags were purchased as singles at least 😤

[@bluehabs]

And they're whining when their "investment" plummet when ban hammer smash it even sending ☠️ threat 😂 Imagine if reserved list abolished 😂

[@martinheraud1744]

@@bluehabs sweet dream of RL abolition 🤣

[@westganton]

One of them is bound to be filled with Black Lotuses

[@likesorange]

Instant like just from the hilarious title

[@HowMoneyWorks]

I was very proud of it

[@leslielugosi]

What does it mean?

[@Koyomix86]

@@leslielugosiPeople often excuse buying Rolexes by saying it’s an investment since they usually increase in value. Of course it’s a lie sine they will never end up selling it but yeah I’ve heard that line from people I know.

[@menjolno]

@@Koyomix86 it is mean to just ratio someone who is just asking questions. for example: "i'm just asking questions"

[@deeptoot1453]

He actually changed it but this one is way funnier😂 these days remind me of Corona. Sad kinda. I'm up 200k on a long term investment as well. This market has become quite irrational but I don't want to sell just yet.

[@navajojohn9448]

A Monet painting just sold at auction for $65 million. The buyer is already 10% under water after paying the 10% buyer commission. If he gets stuck with sales tax or VAT really under water.

[@wesandell]

Except for someone that rich. Is buying a Monet about an investment? Or is it more about bragging rights to other rich people that you have a real Monet? Acting poor around the peasants may be popular for the wealthy, but they like to show off to their peers just as much as we like to show off our pokemon card collections. Or...it's simply for the satisfaction that they have gotten rich enough to have a real Monet. They get a thrill seeing it sitting on the wall of their mansion because that's the sign that they've "made it".

[@modarkthemauler]

At this point isn't all art trading just money laundering and tax evasion?

[@SimuLord]

@@wesandell "Only the mice and I see these paintings." - Catherine, Empress of Russia, 18th century, on her art collection

[@ivan200804]

@@modarkthemauler Yes, art and "philanthropy" are tax evasion techniques.

[@thanakonpraepanich4284]

@@modarkthemauler Only if the money you send to the laundromat don't shrink away completely. Is losing 50% of your starting cash through the laundering process s scam?

[@user-ic9vz8sp1x]

Another certified hood classic.

[@HowMoneyWorks]

This isn't Patrick Boyle, Rap news is strictly on another channel.

[@CharlieKellyEsq]

If you're in the hood and watching this for investment advice.... I have no words. Kept being black i guess

[@InvisibleHotdog]

​@@CharlieKellyEsq even Charlie can get a joke better than you lol

[@SD352-68]

@@HowMoneyWorksI love my weird financial KZbin people

[@ADM.II.]

​@@CharlieKellyEsq What even is this comment lol?

[@db1777]

Any investment only works if someone else is willing to buy it off you for a higher price.

[@decock45]

Lol that's not true. There's a reason why people invest In dividends, cuz most who do never plan on selling.

[@WMDB4637]

That’s not how bonds, loans, dividends, R&D funds, rentals work

[@Annah382]

And with the constant devaluing of the currency, asset prices generally rise over time.

[@mahboubnik2376]

That remains if if if

[@danielchassagnez893]

The bitcoin maximalists and the Austrian economics theories has some explaination of the rise of everything. The main problem is come from the money itself, when fiat money can't save your value trough time, everything become a value reserve. It is not that everything is going up, it's money that is going down.

[@steel7536]

Thank you for saying it

[@CCMorgan]

The Austrian economists have been saying, like, forever, that printing trillions of dollars into existence will make inflation skyrocket. What do they know?

[@daysofend]

BTC maxis are silly if they think they can explain a 10,000,000% appreciation in a 20 year window with inflation. It's a sales tactic. The devaluation of currency has been known (and expected) since countries went off the gold standard. It's a feature.

[@steel7536]

@@CCMorgan to everyone who doesn’t know^ they’re^ using sarcasm

[@scooterman30]

@@daysofend feature to the COUNTRIES not to the PEOPLE. lol.

[@TheoXavier-5]

The problem we have is because Most people always taught that " you only need a good job to become rich " . These billionaires are operating on a whole other playbook that many don't even know exists.

[@ArdenAspen35]

Money invested is far better than money saved , when you invest it gives you the opportunity to increase your financial worth.

[@JeffJason-]

It is remarkable how much long term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.

[@JordanJesse857]

The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world.

[@ElizabethBarbara4]

Many individuals report success in investing in stocks,fx, yet I continue to struggle.Can somebody help me out or advise me on what to do?

[@SaraEsther242]

Even with the right technique and assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.

[@plucas1]

The Market isn't "getting" stupid. It showed up stupid, and went downhill from there.

[@robbietorkelsonn8509]

🤣

[@spicymemes7458]

People want alternative investments to work because the last traditional investment in homebuying has become unaffordable and unobtainable. It's turning everyone into snake oil salesmen with TikToks.

[@kennywen3041]

Traditional investments are not only properties, they can also be stocks and bonds

[@spicymemes7458]

@kenwen7791 Yes, but less than 10 percent of Americans hold stocks and bonds. Housing was one of the last major monikers of a stable middle-class lifestyle.

[@kennywen3041]

@@spicymemes7458 However, it doesn't mean they can't hold even a single share of any company, or let's say even indexing or investing passively for that matter.

[@Teh_Duck]

@@kennywen3041 The problem with stock, bonds, etc. is they require disposable income for no short term change. Investing in a better home allows for a better standard of living instantly while still being an investment. With home owning being less and less achievable for the average person it has locked out middle class savings from keeping up with inflation so everyone but the already rich are only going to get poorer until this housing bubble pops.

[@ChristianJacquet9]

I’m 55 from southeastern Ohio but worked overseas all my life. I have savings of $1,000,000 and I'm ready for retirement, only concerned about the soaring inflation. Is this enough to retire comfortably, or do I need some sort of money management?

[@JonesMichaeltop]

I would get money management just in case. You’re only 55. I think the average life execting in the US is 77.5 years, but many people live well into their 80s so that $1 million has to last you all of that and the unforeseen. $1m is a great start though. Good for you!

[@johnketh-n9v]

Congratulations on $1M saved! That's a feat. Inflation's a concern, I understand, but with smart management, your wealth can expand. I learned this firsthand, laid off at 36 during COVID-19, but my advisor saw me through, growing my portfolio 300%+ to $836k and counting. As retirement nears, stay motivated and consider expert guidance to secure your future; proper planning will help your savings thrive! Wishing you a successful and stress-free retirement!

[@bradhankins-x5j]

​ @johnketh Impressive! your advIsor must be top notch, mind sharing more info pleas? in dire need of proper asset allocation

[@johnketh-n9v]

I’ll be kind to leave just his name here ''Glen Howard Chester''. he's a renowned figure in the financial sector with over two decades of experience and an aum of over 500m usd.. I'd suggest you research him further on the web.

[@bradhankins-x5j]

I looked him up and found his consulting page. I’ve got to say his credentials are truly impressive! I've scheduled a call to discuss further

[@natalieolson-ETF]

My target retirement fund in my 401(k) had poor returns compared to the S&P 500. I switched everything to the S&P 500, but I regret not doing it earlier. What are the best options for investing $200k for reliable cash flow?

[@jessieyoung-szn]

The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading.

[@allisonbutlerj]

Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again

[@miltonclar]

impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now

[@allisonbutlerj]

NYCOLE CHRISTINA VANNATA a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

[@KevinEvans-mq4ob]

I just Googled her name and her website came up right away. It looks interesting so far. I sent her an email and i hope she responds soon.

[@bclr6843]

5:37 is the ridge a good investment? I’d like to know how much I’ll get for my ridge wallet collection. I’ve bought one every time a KZbinr gave me a discount. I’m gonna make bank

[@theresabennett7313]

Excellent video but Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!

[@VullnetKola-el7pg]

You're correct!! I make a lot of money without relying on the government, Investing in stocks and digital currencies is beneficial at this moment.

[@GiftJoe-y3p]

Job will pay your bills, business make you rich but investment build and wealth long term, the future is coming.

[@esthermobikwann9096]

Life is easier when the cash keeps popping in, thanks to fiona blanco. fx services. Glad she's getting the recognition she deserves

[@nwaiwuthompson3939]

Thank you Lord Jesus for bringing expert like FIONA into my life and my family, $14,120.47 weekly profit Our lord Jesus have lifted up my Life!!!

[@MarzenaDuda-lq4tq]

I used to work 3 jobs, full time at Walmart, a server at night and Lyft on the weekend, untill Fiona Blanco change my story.

[@TheSimba86]

it's almost like paying WAY over market value for everything wasn't a good idea

[@robbietorkelsonn8509]

that sentence doesn't make any sense .. unless you somehow fill out the box incorrectly

[@ImSomethingSpecial]

Me who collects vintage militaria: It looks cool, I want it. My friends: You can sell it for such high prices in the future!! (I don't want to sell my collection)

[@bazinga3160]

You don't know how right you are. Gets pretty brutal when you want to buy a waterloo campaign medal lol

[@ImSomethingSpecial]

@@bazinga3160 Spending 700+ dollars on a piece of fabric from the indian wars be like

[@Werewolf.with.Internet.Access]

Good to see the “me like shiny rock, gimmie, no take” impulse goes strong in our species. I’m sure your collection is impressive. 👍

[@Adelina-293]

Did we go to the milsurp shows?

[@CantoniaCustoms]

I purchased guns and now I feel like a jackass now Trump won the election lmao

[@Allcyon]

Once owned the rare black walnut wood from the mansion Thomas Edison had built himself. Nobody wanted it. Couldn't move it. For decades. I literally had to give it away for scrap when I couldn't afford the rent to keep it in storage anymore. Broke my heart.

[@JimmyLeeJr]

Should've checked out Greenfield Village

[@ashleybanks-wm4cg]

1:27 mine is Drugs 🤑🤑🤑

[@thomasb.9534]

Now THATS an investment

[@fryinghardhat5152]

Nahhhh invest in the 100% legit csgo gambling site

[@jordanrejon5091]

BEER BEEER BEER

[@supersx2]

Pathetic 🫵😂

[@whoareyouyouareclearlylost323]

Amphetamines, Cocaine and heroine can be kept for long duration of time in a coold dry place...

[@jonvelz4170]

Cosplaying as poor people has always been trendy for the rich

[@SimuLord]

Marie Antoinette was playing Stardew Valley IRL with the gardens at Versailles.

[@Spondre]

I used to cosplay as a rich person while being poor.

[@SusCalvin]

​@@SimuLordThey have a sort of play-theater where you pretend to be shepherds.

[@Angry-Lynx]

revolution when?

[@fortheloveofnoise]

I cosplay as being poor while making like 16k a year....but i think thatvis still poor i guess 😅

[@aMindSetFree]

There are so many scam classes online so I feel like I have no way to even learn this stuff, like stocks, trading, options, what not

[@flipdbit]

1:06 Extra points for including that bozo!

[@matthewnelson5293]

It's wild anyone listens to his thoughts. He's just overtly and insanely greedy!

[@flipdbit]

​@@matthewnelson5293The guy made his fortune by ripping off a toy company 25 years ago...with nothing but being a TV personality afterwards. Why anyone respects a clown like "Mr. Wonderful" is beyond me, too.

[@AnxiousEducator]

​@@flipdbit yeah and the idea watches are an investment is hilarious. If I'm buying a fancy watch it's because I want a fancy watch. I ain't selling that shit

[@SeanTalkoff]

As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?

[@Tonyrobs2]

Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks

[@viviancarolgioao]

I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost $673,000

[@PASCALDAB]

Could you kindly share the contact details of the person who assisted you?

[@viviancarolgioao]

My CFA ’’ Sharon Ann Meny, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..

[@PASCALDAB]

Thank you for this tip. 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 resume.

[@fishinforfun3359]

Two words: Irrational Exuberance

[@jasminelav.332]

Wheres the damn "boom" already?

[@edwardkay288]

Nice, an Alan Greenspan throwback!!

[@EcchiVwV]

Yeah. It's all superficial BS. I thought people realised that these tacky status symbol items don't improve your life in any way, shape or form during the pandemic with the rise in popularity of the minimalism and van life movements. I feel like any lessons people learned from that time, they have discarded and have returned to a life of vapid consumerism, instant gratification and hedonism. This seems to be the future the masses want. I don't though. I despise what I'm seeing in our societies right now.

[@Lewis-me7jr]

Greenspan is laughing is laughing at all of us.

[@superstar64]

Buddy, my vintage computer collection is going to skyrocket in 5 years just trust me bro

[@MannIchFindKeinName]

to be fair, a bunch of 30 year old systems are really worth 20x now. But its mostly industry standard stuff that no-one thought to bring home as an investment...

[@superstar64]

@MannIchFindKeinName True, but as a collector I've learned what a good deal is, and where to find them.

[@jbdbuilders01]

Most rich people stay rich by spending like the poor and investing without stopping then most poor people stay poor by spending like the rich yet not investing like the rich but impressing them. People prefer to spend money on liabilities, Rather than investing in assets and be very profitable.

[@marie-louiseleroux828]

You are so correct! Save, invest and spend for necessities and a few small luxuries relatives to one's total assets ratio.

[@thihanhphan7777]

Investing in crypto now should be in every wise individuals list, in some months time you'll be ecstatic with the decision you made today.

[@chandraprakashpanday6244]

I wanted to trade Crypto but got discouraged by the fluctuations in price

[@mdionise]

Now, I Just realized that the secret to making a million is saving for better trades. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money trading. For example last year I Traded with 10k in Crypto and made about $146k, but guess what? I put it all back and traded again and now I am rounding up close to a million

[@blazebeecher]

Hello how do you make such?? I'm a born Christian and sometimes I feel so down 🤦‍♀️of myself because of low finance but I still believe in God

[@alexloayza1618]

Btc is the future man, it will compete with Gold some day.

[@frederik3326]

Me trying to klick the "Skip Add" button implemented in your video :D

[@HowMoneyWorks]

You have been conditioned

[@da_copreee9929]

​@@HowMoneyWorksthings like that makes me wonder why bother advertising anymore, especially if skipping is a click away or a swipe

[@da_copreee9929]

i recognize how ignorant it makes me sound... but im still ignorant

[@Werewolf.with.Internet.Access]

@@HowMoneyWorks My thumb is conditioned to mash the +10 seconds when I hear KZbinrs say the trigger code: This episode is sponsored by (this months latest sham)

[@Jezeus11]

@@da_copreee9929or a fee

[@EdwinBoettcher]

I think saying American's aren't living paycheck to paycheck, is a privileged point of view. I might agree with you in the literal sense that maybe their entire money isn't gone once bills are paid. but what's left after the bills is barely enough to survive through the month. It will be difficult to convince the people who are experiencing this that it isn't happening to them.

[@benjamindover4337]

If the secondary market is lucrative, why wouldn't the manufacturer sell directly into it? And what makes you think they arent?

[@modarkthemauler]

Shh, don't give out all the secrets.

[@peterstrobel7692]

I’m grateful this channel exists, because it always helps to have a consistent reality check to tune into. Thank you for offering solid takes on the economy and giving it straight so we can decide for ourselves how to respond.

[@FredMeyer-no3ji]

Thank for the content!!! All we need is the right advice on how to invest in crypto and we will be set for life, made $28k from trading crypto and stocks.✅

[@tegaho34]

How? I know it's possible, I would appreciate if you show me how to go about It

[@diegomatias7076]

YES! that's exactly her name (Kate Herman) I watched her interview on CNN News and so many people recommended highly about her and her trading skills.❤

[@AbdulazizMuhammad-c3i]

I've never heard or seen any of her clients complain of Lost....I think she's just too perfect. Sometimes I wonder if she's used magic power trade

[@David.ALeitch]

She's awesome we love you Miss kate

[@David.ALeitch]

She's awesome we love you Miss kate

[@dennisonWillis]

I'm favoured only God knows how much I praise Him, $230k every 4weeks! I now have a big mansion and can now afford anything and also support God’s work and the church.

[@dennisonWillis]

Only God knows how much grateful i am. After so much struggles I now own a new house and my family is happy once again everything is finally falling into place!!

[@JimHoke-n3i]

Wow that's huge, how do you make that much monthly?

[@JimHoke-n3i]

I'm 37 and have been looking for ways to be successful, please how??

[@dennisonWillis]

It's Ms. Evelyn Vera doing, she's changed my life.

[@dennisonWillis]

I started pretty low, though, $5000 thereabouts. The return came massive. Joey is in school doing well, telling me of new friends he's meeting in school. Thank you Evelyn Vera, you're a miracle.

[@robertmilik3781]

Some experts think rate cuts would boost certain industries, while others warn it will increase concerns. I'm reviewing my $600K portfolio allocations and I'm curious about strategies to respond to these potential sector impacts.

[@CordeliaBurkett]

Why don't. you consider Increasing your exposure to interest rate-sensitive sectors like REITs and utilities, and maintaining or slightly increasing holdings in growth sectors like technology and consumer discretionary. For tailored advice, consider consulting an F,A,

[@AbrahamRenninger]

Diversification and accurate asset allocation is crucial, and some individuals use hedging strategies or allocate part of their portfolio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay financially secure for over five years, yielding nearly $1 million in returns on investments.

[@Flynn-o3e]

Can i reach out to the one you use?

[@AbrahamRenninger]

'Sonya Lee Mitchell’, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

[@RupertOakeson]

Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

[@shawniscoolerthanyou]

Another cost of collecting luxury goods is the storage, protection, and insurance of them. Anyone trying to rob my house won't get anything because my money is all in accounts.

[@yeetthebaby3595]

My professor’s words never gets old “If you think it’s easy, see you next semester”

[@derektong]

Love the banana at 3:57..sold for 6.2 million a couple days ago!

[@k.h.6991]

Yes, and it must have rotted by now. 😂

[@_deathcry]

Cargo cult at its finest, poor people believing luxury items act like money magnet/talisman

[@TheXavier20000]

Alternative investments are no longer uncorrelated to the market. When asset prices are tied to the money printer everything moves in the same direction. The only difference is the risk premium. Assets like doge coin and penny stocks have higher risk premiums (more risk more reward) and so when markets are doing good they go up even more and when markets are doing bad they go down even more. It’s as simple as that. Gone are the days where the market is going down and bitcoin or any other alternative investment is going up.

[@giantninja9173]

Meh bullion as an asset class basically works in the reverse of the market. Market collapse? Silver price skyrockets. Bull market? Price drops and plateaus.

[@TheXavier20000]

@@giantninja9173 Not really. Go look at some charts that plot gold against the s and p 500. Go look at the correlation coefficient. They’re highly correlated.

[@kayremoob9579]

That’s exactly why suggesting that alternative investments like watches, bags, or trading cards like Pokémon will decrease in value is absurd. With the money printer running-and needing to stay active to fund America’s entitlements-assets are unlikely to decline in value for the unseeable future. I think we’ve reached a point where hyping BTC or gold feels almost laughable, as it’s simply a reflection of the dollar’s ongoing devaluation, which has become increasingly disheartening. Honestly, a video addressing this topic would be worth exploring imo.

[@jamesmx7]

I used to carry all my stuff in my wallet - but with my new ridge wallet, I simply dont have space! Thanks ridge!

[@Alabenson]

One of the best pieces of advice my father ever gave me was, if you're going to collect something, do it because you want to collect it, not because you think of it as an investment.

[@TheBestestKitty]

My take on all this, as someone who gambles- yes I see it as gambling- on shitcoins is that most people have very little understanding of markets and are far too emotionally invested, and far too overleveraged to make any real money. I put in $240 two years ago and traded up to $600. Every time there's a bust- usually two a year- I buy. Every time there's a boom, I sell. I set up sell orders to make sure I get gains, and never set them at new highs- only previous ones. I gamble while limiting my risk as much as possible, and it's gotten me over 100% returns. That's not how most people invest, or gamble in this case and that I think is what gets them hooked on these get-rich-quick schemes and what causes their investments to either not do well- too much fiddling- or go negative- panic sales.

[@LisaCastro-d5z]

*🌹Hello, I want to start investing, but I'm unsure where to start. DO You have any advice or contacts for assistance?*

[@BobbyStanley-b3r]

It's prudent to seek expert advice when creating a solid financial portfolio due to its complexities, the truth is that you can't succeed without a reliable broker like expert Alvarez . H. Flectcher

[@YanaSimon754]

Wow 😲I know this Man you mentioned here I thought I'm the only one investing with him here. he's really good with and on his job. He has helped a couple of families and individuals' finances

[@JacobFernandez-u9o]

You don't have to be shocked, I'm huge beneficiary of his platform from Alberta Canada 🇨🇦so many people have recommended highly about him.

[@HaileyTremblay-by4vj]

He is very professional and always provide excellent communication. I have always made my $50k monthly withdrawal when due. He is a true pleasure to deal with.

[@TannerBelanger-wy8yp]

Waking up every 27th in 2months time to receive $150k is amazing he is very professional broker trade with him and remember to share testimony with others

[@sergeymelkumov9232]

It is not an investment but many corrupt politicians use it as last resort fund, when literally you have to run and all you have is on your body, having 10-100k grand worth watch that you can pwn for even 10-20% of original value is better than nothing. Watch and Birkin bag are safe bets to be used for that particular reason. Expensive car is another if you can drive away from your problems :)

[@QuantumConundrum]

Additionally, it's also something you may not have to split in case of a divorce... especially if no one knows about it.

[@boejiden2460]

6:46 “but if you don’t have any wealth to begin with, even Warren Buffett level returns won’t make you wealthy within your lifetime unless you can make consistent contributions towards those investments.” Not that it matters since the prospect of doing better than Buffett is minimal at best, but if you *could* achieve Buffett-level returns (20% CAGR over 50 years) you could start off with very little and have a significant nest egg in old age. $10,000 compounded at 20% for half a century would be $91 million at the end with no additional contribution along the way

[@HouseWatchers]

I just want to say thank you for making videos like this. Keep up the good work! People need to hear these things...even with a financial background it is helpful to be reminded of the logic sometimes since it is so easy to get caught up in the hype.

[@Leloni535]

a friend of mine sold his company a view years ago and he told me the only investment that went bad was watches lmao

[@RTDice11]

As one of the idiots who bought DOGE before that dumb SNL skit, thanks for reminding me to dump that garbage while it's hot and get those funds back into the real market

[@jimmydakid1063]

I respect you as someone who teaches economic concepts. But your take on crypto is a bit off. Memecoins are definitely scams but there are cryptos with actual use cases that justify investment. Also it seems like your implying that Bitcoin was a scam until big money players like microstrategy and Black Rock got involved

[@DanClark_ddc]

I respect you as somewhat knowledgable about blockchain tech because you used the term "use case"

[@westernoutdoors7736]

As salespeople this is invaluable info on how consumers are feeling, thanks!

[@learncoding_one]

My man went though the video displaying stocks, watches, laptops and what not without displaying a single apple and the so called '(propaganda) iphone moment'. Deserves an award for integrity!

[@fauxtool952]

My bitcoin is doing pretty good

[@zenon3021]

watch some youtube documentaries about how Bitcoin is a well-documented scam

[@aas55]

Repeat after me: luxury watches are not a scarce commodity! Watch brands can pretend these are investments, but most are produced in large quantities year after year. In a normal market, they depreciate as soon as you open the box.

[@amidmrt5035]

1:42 Plain bagel, is that you?

[@NealBurkard-ut1oo]

I had to do a double take 😂

[@neku2741]

Buy the things you like. If it goes up in price sell it, if not you just buy something you like so props to you.

[@UsuallyCully]

POV: You don't even care because you invested in the volatility index, and if the stock goes down that goes way up...

[@xanokothe]

Was not it you that had ads for that "arts investment" stuff?

[@panisko87]

Mans gotta eat

[@deohenge1865]

Of course he did, but surely it was only meant to target viewers that have the equity to invest in that kind of asset class. Definitely, exclusively that group of viewers only, and not towards just anyone who would be enticed to click on the link in hopes of returns.

[@kuolettavaVids]

@@panisko87 "Lying is always okay for those on our side, because how else can we make a lot of money.... I mean survive? Lying from the opposite side in order to greedily make money is unforgivable"

[@shaheerrahman87]

Masterworks? They've added that as well in the thumbnail 😅

[@defaulted9485]

​@@kuolettavaVidsit irks me as well, but dude legally does it for $5000 while the other destroys the country currency power for hundreds of millions, political power, corruption, and steal from the poor. Both in the wrong but one is on several magnitudes worse, and causes the other to take desperate measure. Also sponsorships can be ignored, finance recession isn't.

[@robbylebotha]

It’s very simple, if someone is trying to sell you anything, it’s not a financial investment. The investment of it relies on perception not value. He has to convince you it’s valuable and you will down the line have to convince some other sucker. If you have to find buyers then what you have is not an investment, it’s just another product. Chicken eggs are an investment, people will look for you. Toilet paper is an investment, people will look for you. A Ferrari is not an investment, you will have to find another sucker.

[@bkhleung]

Would have been the greatest ad placement of all time if m-ass-terworks was the sponsor! hahaha

[@Shahzad-Khan]

Some dude bought a banana taped to a wall for 6 million. I’d say that’s money well spent

[@eaauto6182]

I sold my Rolex in 2022 for nearly double what I paid in 2020. And they haven’t lost much value since then. The market is still insane.

[@annddyyy-6920]

I feel one Of the greatest challenges that we first timers face in the ma rket is that we end up losing all we have, we find it difficult to find ourselves back to our feet. Big thanks to Jasmine Querida. I now make huge profits through her services while still learning to stand on my own

[@PeterJoshua-zm2fo]

I agree that 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 but or advisors with

[@annddyyy-6920]

Gram with her username

[@annddyyy-6920]

Queridafx, that’s it.

[@annddyyy-6920]

“Queridafx”.

[@annddyyy-6920]

On Nicegram.

[@greybeardedgamer9383]

11:14 who really washes their car while wearing a dress suit? LOL!

[@Keyboard_Thoughts]

Detached from reality rich people making a photoshoot to cosplay as poor/, middle-class

[@woodpecker4044]

it's a photoshoot for stock videos. There are a lot of dumb videos like these

[@NN-cc8uo]

Lunatics

[@buntukunene4410]

I love how it takes half the video to finish your intro every single time 😂

[@kapt819]

As usual, great video. 👏🏼👏🏼👏🏼Your insights are greatly appreciated

[@that_odd_guy]

My favorite disembodied voice with funny editing has uploaded again

[@jiggyjags]

I don’t think you can lump bitcoin in with other cryptocurrencies

[@howtoappearincompletely9739]

You've gotta love this relentless dreamcrusher.