It’s Over: The Middle Class Is Disappearing

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THE MIDDLE CLASS IS DISAPPEARING:
A recent report just found that The total population of the middle class in “the U.S. has dropped from 61% in 1971 to 50% in 2021." It’s also said that “the average wealth of the middle 40% had dropped by 7%, or $27,000, since March of last year," which equates to the largest drop on record since the 2008 Great Financial Crisis.
Less than a year ago, Fortune also stated that the “middle class is bracing for its next financial blow,” and according to Yahoo, the former backbone of America is finally “at the end of an era,” with middle-class wealth having peaked in February of 2022.
HOWEVER, not everyone agrees, and depending on the data you look at, the middle class might not be shrinking in the way that you think:
According to the Brookings Institute, the middle class isn’t disappearing - it’s just INCREASING: As they say, the bottom 1/5th has 25% more income in 2007 than they did in 1979, when you account for “government transfers, the value of health insurance, and the decline in household size.”
They also found that the middle FIFTH increased by 37% throughout that same timeframe and that the middle-class TODAY is a LOT better off than the middle class of the 1970s, given the abundance of government programs and assistance.
As they say, “The middle class is not shrinking or becoming impoverished. Rather, changes in workers’ skills and employers’ demand for them, along with changes in families’ size and makeup, have caused the incomes of the well-off to climb much faster than the incomes of most Americans.”
A separate study also reported that, yes - the middle class is shrinking - but only because they’re moving into higher-income groups. From 1971 through 2021, the middle class shrunk as a disproportionate amount became “upper-class.”
It’s also true that, while the United States has the smallest middle class of similar nations…we also have the largest “affluent class” and “poverty class” - suggesting that, perhaps…people are either just getting richer, or they’re getting poorer.
So, overall, it does appear as though the middle class IS slowly disappearing - but the good news is that, according to the statistics, there’s now a greater likelihood of moving up into a HIGHER income bracket than at any other point in history.
That’s why, I think it’s so important to double down on your career skills, stay out of consumer debt, live below your means, invest consistently and, if you have the appetite for risk, possibly start that side hustle business you’ve always wanted to do.
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[@GrahamStephan]

Here is a link containing the source material for each piece of research cited. I do my best to make my videos as accurate as I can, and the additional resources should help anyone who wants to look into them further - enjoy! docs.google.com/spreadsheets/d/1s-48VHTHR8CHjXSDHU1Da1GtgnHexSKJ4F-D7_ebdBo/edit?usp=sharing Try out Kittl Print today - For Free -by signing up at kit.tl/print_graham (use code GRAHAM) - Enjoy!

[@Amharizz]

It’s over

[@Billionaireben]

Middle class? How about no class! (puts on monocle & top hat.)

[@BF4ClanTBS]

This might be weird but just wanted to let you known started watching you when I was 18 and had no money. 3-4 years ago at 20 I was able to Bug my first house which we are now getting ready to rent out and get another one. I’ve also been a guiding hand in my friends credit journey getting them into the 700s. Thx man

[@The_Adam_Smith_Simp]

Well done Graham, glad someone is finally bringing up the arguments that it may not be much of an issue considering some of the points you mentioned.

[@MariadeLourdesAniesSanch-ze7hf]

every day my color is pink

[@AwinkOfsleep]

rich guy blames tax when really its the rich peoples fault for not paying tax.

[@AtsircEcarg]

What I thought middle class was growing up: owning a home, owning a car, and be able to afford savings for big expenses, able to eat out a few times a month, give modestly to charities or church, little to no debt, a domestic vacation every year and an international vacation every 3-5 years. Now that feels like luxury and completely out of reach.

[@daveaglasgow]

As a European, you saying an international holiday every 3-5 years is a laugh. The middle classes here in Europe (Scotland for me) have been going on multiple international and local holidays per year for decades. You poor Americans 😮.

[@deviouslaw]

​@@daveaglasgowspare us 🙄 This whole schtick is extremely played out.

[@SLHJR0390]

not only do they easily take international vacations a few times a year, if they want to take a whole month somewhere they often can. We get big eyed responses when we mention to people we take a two week beach vacation in a rental house on the east coast .... most americans never get to do any of that ever. A 4 day Air bnb at the shore maybe, but never two weeks. Heres the kicker, they have cheap healthcare too !!!!@@deviouslaw

[@tomcat8662]

@@daveaglasgowit’s not that Americans can’t afford vacations, it’s that they prioritize having bigger houses and more stuff over spending on travel. Most of the places I’ve worked for had plenty of vacation time. However, most employees would try to cash it in at the end of the year if given the option rather than taking time off.

[@MusicNinjas]

Bruh, we can barely afford these shoebox apartments that people are tossing out at us for like 2k a month. We can't even imagine being able to get a big house now. @@tomcat8662

[@dachicagoan8185]

Just when I couldn't get more depressed. Thank you

[@edwardusxx]

Bybit swaps are glitched, when you are exchanging you get sent like x10 I just made a video to show that

[@fire2box]

people earning over 100,000 dollars a year are "living paycheck to paycheck" that's just disturbing.

[@GrahamStephan]

There's a huge portion of them, even up to $250k/year!

[@pri.sci.lla.]

That’s just poor financial planning and living above their means. Nobody who I know making that much is struggling rn. They’re buying homes and planning weddings.

[@CanIgetSuscriberswithnov-ci3dw]

@@pri.sci.lla.not if you live in California

[@pri.sci.lla.]

@@CanIgetSuscriberswithnov-ci3dwwell I’m not talking about California…

[@finalfanvii6822]

But with 70k they can live comfortably though in California

[@1st_amendment694]

I've been a member of the lower middle class and sometimes lower class I would hate to have to live in on the streets again but things aren't looking up. Wish me luck financially.

[@The_Adam_Smith_Simp]

Wdym? The lower class is getting richer. You can be sad about being in the lower class, but historically you’re doing pretty well.

[@avenger1212]

@@The_Adam_Smith_Simp Try it sometime.

[@The_Adam_Smith_Simp]

@@avenger1212 I have and am……

[@The_Adam_Smith_Simp]

@@KingofAllNerdzz that isn’t a “take” that’s literally a fact….. And I’m brain dead XD

[@MakerDIY]

It’s funny to me that people are considered better off because they don’t have kids, but the reason they don’t have kids is because they can’t afford to. Seems there needs to be some kind of modifier to this data. It’s like saying that homeless people are better off than middle class people because they have much better debt-to-income ratios since they don’t have a house. 😕

[@NovaDoll]

Yeah this video was completely tone def. Imagine being able to have kids and go on vacation on a basic salary. Now you need a main job and a few side hassles.

[@cowboysfan1026]

This is the reason I don’t have kids. I can’t afford it .

[@MakerDIY]

@@NovaDoll I think it’s a great video. It’s just the way data is collected and skewed by different organizations and the government to paint a picture the way they want it to be painted vs reality that I think is unfortunate. Graham is just reporting/analyzing their finding/perspective.

[@BuGeris]

Thats the plan to reduce population. Looks like it works.@@cowboysfan1026

[@silkence9561]

I took it as better than their counterparts or ppl in their class. A childless homeless is better off than the one toting the kid and the same goes for middle class.

[@theglassarrow_]

I feel like every year people say middle class is disappearing, lately I feel like this is true.

[@GrahamStephan]

Depends on the data you look at - it IS shrinking, though

[@misstandra25]

This isn’t new. The middle class has been disappearing for decades! There’s really no such thing anymore. 😢

[@GrahamStephan]

:/

[@dani-uf1eo]

You didn't watch the video till the end lol. There is a plot twist.

[@bradleyhowell4155]

I think alot is due to women working. If women work more, food and real estate isnt being produced more and rsw materiales are the same cost. And demand is the same. So you have more dollars chasing the same basic nececities

[@DTA707]

​@@bradleyhowell4155a lot of economists agree. A lot of people don't like to hear that though

[@The_Adam_Smith_Simp]

That’s not exactly a bad thing when they’re entering the upper class and everyone is getting richer.

[@jasonreviews]

There is homeless class, people with jobs and rich. Nothing in between

[@workinprogress5936]

I'm in debt, can't drive due to epilepsy, about to be fired for poor performance due to my medical issue, and renting a 10.5'x10.5' room just to have a place to sleep for $850 a month. This place is always noisy and messes with my sleep, making my medical issue worse. With prices of everything going up, I cannot see a way out. I work, eat, sleep. I can't even afford to have a relationship. Living in the Bay Area is just stupid. I am the new middle class. I cannot qualify SSID from the state because I make to much according to them, can't get section 8/voucher to help me find a private place to live, don't have family and friends to move in with, I am basically S.O.o.L. I will probably forced to go bankrupt and them live with all the others in the Tenderloin.

[@ezingles698]

Renting a room in DTLA for six hundred USD!!!! Gotta raise the rent!!! 😮😅

[@workinprogress5936]

@ezingles698 yeah, the standard price around here is about 1k per small room

[@avenger1212]

I always enjoy hearing about how decimated my financial class is from a guy sitting in a room featuring an expensive sports car and a t-rex skull.

[@hunteravent9973]

This comment is underrated

[@Randyy111]

Exactly

[@geoffworley5275]

The irony hit me when Graham recommended saving a substantial portion of one's income, Dude! I've fallen out of the middle class, I pay rent, I maintain a vehicle necessary for getting to work, and the only remaining way to save is by cutting the quality of food purchases (something that would impact my health & ability to work in the long term). Middle class means having disposable income; income the individual may spend or save as they please.

[@ethangilbert7305]

Yeah. He says to save money but no one has any money to save. Saying we need to save money in this economy is like telling someone who’s drowning to just breathe. Yeah, I’m trying

[@broncorik2268]

@@ethangilbert7305exactly his advice isn’t practical for the working poor . Only option is to make more money which is becoming more and more difficult

[@Dr.TimeWizard]

I'm in the same boat. The only way I can save money is by throwing my privacy away to share an apartment with a room mate. I want my own place but than there is nothing to save.

[@alext7952]

Everyone in this comment thread including you are making excuses

[@davidortiz3094]

Don't say you can't save.

[@humphrey]

Thanks Graham - this is a hot topic. I wonder where we'll be in 10 years... probably still smashing the like button.

[@GrahamStephan]

Thanks Humphrey!!

[@AnnihilationRBLX]

@@Wealthwise_capital Give me one million dollars as proof

[@bradleyhowell4155]

@@GrahamStephan Yeah after 60 years maybe

[@WorldWideSk8boarding]

The wealth gap hasn’t decreased in the last 80 years, its been consistently widening every year. Its not hard to figure out where we are heading and where we will be in 10 years.

[@mry5930]

While we starve...

[@dc76384]

In the 1970s the average home size was 1500 sq ft. Now average home size is 2500 sq ft. Everybody got to look good.

[@920WIZCO]

Love the channel and all the research you put into them! I agree that its shrinking. My wife and i are considered "middle class" and live in the Midwest with a moderate cost of living compared to other areas of the country. However with rising costs i still feel like we are not able to get ahead unless we raise our income greatly. Hopefully will change in the next few years.

[@GrahamStephan]

Thank you so much for watching! Let's see what happens!

[@avenger1212]

It's going to change alright.

[@zach464]

Everyone knows the middle class is all but gone. We've known this for years. What's the point of talking about the problems if we can't or won't solve them. We've been talking and talking for decades. It's meaningless until some things change. It's time for some actual solutions to be put in place.

[@AndreiJikh]

Come for the finance, and stay for the magic. The magic of the disappearing middle class!

[@GrahamStephan]

Missed opportunity 🫣

[@misstandra25]

Not funny but funny 🥲

[@jasonreviews]

It's andrei

[@IntrigueAvenue]

The money of the middle class is perpetually getting pulled from their posterior, like a scarf from a magician's sleeve.

[@Carmen4ever]

Oh my god I love andrei and graham lmao

[@Mayochup191]

Thanks for always making me depressed! Always the best timing with your videos 😊

[@MonteHay20]

Absolutely amazing video my brother! I appreciate you for conducting this research, and sharing it with all of us. God bless!

[@bsfatboy]

Middle class is just name the rich uses. There is actually only two classes. We are all part of the working class.

[@sneekydealz]

Solid video. Biggest issue hindering here is that the middle class is the foundation of this country. No one can succeed like they used to anymore. By thag I mean, going to college, earning a Bachelors and being able to make a livable wage at 65-85k

[@StereoSoundAgent]

This is all really well researched and exactly right, well done Graham thanks for the high quality content for free!

[@Shwanson4]

That was a really good video! Unfortunately wages don’t go up in correlation to inflation. As prices go up the lower classes struggle more to weather the storm. This does come back to investments, but wages dictate the amount people can invest. Excellent and informative video. Thanks Graham!

[@cyyylas]

The general level of wealth is getting up, but the distans between the rich and the poor also..

[@GrahamStephan]

Seems to be a much bigger divide between rich / poor

[@user-xw4vg1vy5e]

If everyone becomes rich...no one is.

[@Financial-Education101]

This video is a masterclass in understanding the financial challenges facing the middle class today. Your breakdown of the historical changes and the current tax structures was incredibly insightful. The strategies you provided for improving one's financial situation are practical and actionable. I'm curious, in your research, did you come across any specific policies or systemic changes that you think could help reverse the shrinking of the middle class? Also, what are your thoughts on the role of education in empowering individuals to make better financial decisions?

[@DjLevicinci]

Very well informed video, I watch your content consistently and learn so much thank you for giving back and sharing your thoughts and knowledge

[@coreymetzker2521]

Make about 75k/year working long hours and producing the most value I know how to as a skilled laborer. Still live under constant threat of homelessness and financial crisis. Definitely doesn't seem fair or sustainable in any way.

[@TrickyMickTrucking]

Ugh......I did the math. We could add $5000 a year extra into retirement if my spouse and I gave up energy drinks and fast food entirely, this is a family of five.

[@jonathanhiatt3903]

All the knowledge, glad I found you Graham.🤝

[@TVHouseHistorian]

Here for the great financial info, as well as comment for the algorithm. Thanks for the great content, Fiola!

[@GrahamStephan]

Glad it was helpful!

[@Waltuh22232]

People will always talk about how the middle class is shrinking but completely ignore the quality of life between the 60s and now… cars per household, explosion in consumerism, etc. good video.

[@GrahamStephan]

Totally! I'm glad I mentioned that towards the end - quality of life is, overall, way higher.

[@theglassarrow_]

quality of life is up, the divide between each class though IMO is larger than ever. You got some people buying dozens of super cars (not blaming them) and hundreds of thousands of homeless people. neither where nearly as true in the 60s.

[@bradleyhowell4155]

Ive done everything to be able to live as cheaply as i can and earn as much as i can. I live on a third of what i earn and i make about average hourly. But in the last year of doing this ive paid off all my debt and in a year ill have invested quite a bit.

[@InvestingWithAdamK]

That’s awesome. Congratulations on that achievement

[@slyborgl]

I really appreciate how you deliver information. 😊😁

[@prestonlarayapp8043]

Saw your appearance on Ramsey show, love that relationship. But I mostly wanted to say congratulations on your Marriage so exciting for us long time followers 🎉

[@moneycessity]

Great video! Rising low-class and middle-class income is often overlooked when people just read the headlines. That being said, the increasing wealth gap is still a serious issue.

[@hiperego]

We did it to ourselves and to stop it we need to find something new and to start our business or be aggressive and get every $ we deserve. I know they will say the government has no money for us but you know my country showed us that the government is selfish. They doubled and for some ppl tripled the salary while people with low salaries received an increase lower than inflation level cause "There is no money to support employees". Thx to it I understood the government doesn't give a fk about us, we should take everything in our hands

[@Hw-xf6gs]

It’s an effort gap, not wealth gap

[@moneycessity]

In many cases yes but definitely not all. Generational wealth and knowledge play a major role.@@Hw-xf6gs

[@MrHel00]

Love what you said at the end

[@GrahamStephan]

you're quick

[@hunterreynolds224]

Hi Graham, Thanks for all the videos. Hope you see this.

[@GrahamStephan]

Glad you like them!

[@kristianroberts5590]

Great work as always. Thank you so much for what you do.

[@Joy-zh9fq]

These feel like short term fixes but not long term. Laws need to be passed to stop the greed.

[@Krispyk894]

Graham never disappoints!

[@GrahamStephan]

Thank you for watching!

[@scnager1]

Great content! That's what a 1031 exchange is for. No depreciation recapture if you 1031 and follow the rules of buying a new property at equal or more value in a timely manner

[@danielaltherr1229]

Great video! Also, I love that jacket! Thank you for always putting out good content. Keep up the good work!

[@rogerbrant7232]

Matthew 25:29 ....To those who use well what they are given, even more will be given, and they will have an abundance. But from those who do nothing, even what little they have will be taken away.

[@meaganangel97]

Amen 🙏🏾

[@user-xw4vg1vy5e]

Sheesh, scary accurate

[@dolan5012]

Hey Graham! Thanks for the educational videos. From a family that came from low to middle class. I've been investing since I was 20 and let me tell ya it was hard to change my perspective on money.

[@amy-zk3fo]

Thank you Graham.

[@beautyandfinance9993]

Would love to see a summary video of the most relevant presidents and economic laws they passed!

[@Kman1989]

It's true. I work for doordash 1099 and owed $3k in taxes but there was 10K in wear and tear done for milage on my car. Owed nothing. Was SO happy

[@Mavryck_Tha_Myghty]

Depending on the study used, isn’t the category somewhat subjective? For example, income is often cited as a main variable for placing people into categories. Wouldn’t net-worth be a better measure? For me, I strive to be part of the upper class, so what shrinks or grows matters not. I know where I’m going. Good fortune to you Kings and Queens out there. 🦉

[@robertbruceryan]

Your observation is smart. I agree. Each month I do a simple calculation of my personal net worth. Watching it rise despite events around me to the negative holds value IMHO.

[@jamesho9500]

Love your videos mate, always appreciate the quality content!

[@curranatorproductions]

I’m shocked Goldsboro, NC made this video. As someone who lives there though, it’s an apt place to include.

[@richardlee5536]

What most people miss is that ANYONE, and I mean ANYONE can start a small business while working a job. The small business owner can have the same tax deductions as a big corporation. I did it when I was a low income minimum wage worker, and got ahead on taxes. Charles J. Givens taught this over 30 years ago.

[@VanPelt54u7fcyde57]

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

[@arthurworld9768]

You have an opportunity to rebalance thanks to volatility. In order to help you diversify your portfolio, you must hire a financial counselor or broker.ur portfolio, you must hire a financial counselor or broker.

[@roberttaylor662]

I fully agree; I'm 60 years old and recently retired with approximately 1.2 million in outside retirement funds, no debt, and very few dollars in retirement funds in comparison to my portfolio balance over the last three years. To be honest, the financial advisor's role can only be ignored, not dismissed. Therefore do your research to get a reputable one.

[@VanPelt54u7fcyde57]

who is your coach if you don’t mind me asking.. heard a bit about coaching where investments are done in personal trading account with the help of a license advisor, is this right?

[@roberttaylor662]

Absolutely, Monica Amanda McClure is my portfolio coach, and my trading account basically mirrors that of hers, it's quite transparent and automated, so I don't have to be active during trades. You can vet her if you like.

[@VanPelt54u7fcyde57]

Thanks for this amazing tips, I found her webpage and booked a call session with her, she seems proficient.

[@chriscamillo3284]

This might be the most important and insightful video Graham has ever published. Not sexy but critical important info

[@michaelswami]

Great message Sir.

[@JoeyandFranci]

A wiseman once said: it’s not going to be “haves” and “have nots”, it’s going to be “have yachts and have nots.” Middle class is the worst class to be in, not holding enough assets to balance out inflation, and having just enough money for the government not to prioritize them. All this, after working hard at the jobs that really keep this country running. Back in the day you would be able to go to university, work at a restaurant to pay off college, get a job, get married, buy a car and a house, have kids all before 24 years old. Seems like a fantasy world now.

[@Willycheng590]

This was brilliantly put together. I’ve been watching videos on youtube and with professional help, I’m making outstanding progress with my finances.

[@Novakissla]

I want to also take my finances into consideration and put myself in order before it's too late. How are you doing it Sir?

[@Willycheng590]

Well, I've gotten into a plethora of assets with $73k spread across stocks (options and futures) for the short term and Roth IRA, index funds, and ETFs, for the long term. I've been investing with help from a pro fund manager, Herman W Jonas who oversees my investments. Now I sit back and reap my dividends while I just reinvest at intervals.

[@Christensen554]

That's your view. In my experience, there is no such formula, It is nearly impossible to achieve success with investing. It’s all just gambling.

[@Lilybee931]

Working with a fiduciary like Sir Herman has given me peace of mind in my stock investments. They prioritize my financial interests and have guided me towards stocks with strong fundamentals, resulting in consistent growth over the years.

[@mikeyd7733]

Thanks for filming this in front of your sports car. Certainly makes you seem relatable..

[@jimpickard3760]

Interesting and well researched as always. The middle class may be shrinking partially because many are moving up to the wealthy class was informative. Your channel is like a financial Bible.

[@snitch8089]

Im DCAing in ZOR55T as well. ETH heavier DCA and ALGO. Im 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!

[@AbdullahAli-it2gb]

Bot

[@hawkeyes4768]

we did it joeeeee

[@MsJackson2025]

Thank you!

[@aboucard93]

This was a good video. Thanks Graham

[@mystic_beats]

Great video as always. I notice that you display the ZOR55T ! I just got some too!

[@RenStrider]

Yep, I can believe the middle class is dying off. So anyway, what do we call the folks who are too poor to have most of their life paid for by government debt and yet too rich to have most of their life paid for by... Well, government debt?

[@nicolekhoshaba4416]

We call those people screwed. Source: a screwed person

[@the_three_Jay]

Nice Jacket Graham!

[@Personalfinanceandinvesting247]

Great insight!

[@CollinRowles]

The key takeaway here is live below means and stay away from high interest debt. High interest is only good when it’s in your favor to grow that little bit extra. Great video Graham as always 👍

[@IAmVenix]

Hard to live below means when the means are stuck in the last century, cost to living continues to rise, and every industry is evolving into a means of extortion

[@CollinRowles]

@@IAmVenix budgeting comes in very handy for this reason

[@lhs66]

It goes back to Henry Ford and the assembly line and Industrial Revolution. After WWII, the executives started farming jobs out to Europe and other areas and undermined the ability to be a high earner. In addition to what you are saying. We are from steel country and saw it first hand. Thanks for this video. And keep informing on financial education. And yes put the Starbucks down

[@HalfBlueCat1]

Can you explain how people were richer BEFORE the Industrial Revolution?

[@lhs66]

@@HalfBlueCat1 no

[@JG-iz9zy]

Wow this so sad lord!

[@mitchielou9622]

Appreciate your content as always!

[@speedfreak3082]

I honestly think the middle class is disappearing because of loans. Middle class of people are so overextended. I live in Northern Canada and see it so often. I personally live on what most people consider low income for my area. I own a house drive a fairly newish vehicle. I spend smart.

[@animefan4ever]

Thanks to Inflation i think that the high income from 1967 of 100k or more is not what it is nowadays. Therefore i believe that you need other numbers for 2022 to stay in the classes then back in 1967. I would nearly double it. What did you think @Graham? But anyway it is a nice video👍🏻 Thank you.

[@ericcardenas2590]

Can confirm that.

[@OlaftheGreat]

It's funny, I never would have seen this video or found your channel if I hadn't been looking for a song called "It's Over"

[@TheLamarco]

Dope video. My only question is why is with the pace of inflation, $100K does not stretch as far as it used to. Do you think the threshold to be considered higher income has changed?

[@mannysabir1339]

Right from the jump, I say Reaganomics, which that president created, and STILL doesn't work today. Yes, also becoming an importer more than an exporter is one of many variables.

[@jeffrounsville4961]

Great but sad video

[@lisapvpv]

Great video...im still hung up over how you pronounce the "w" 😆😅😅😅😆 it just stands out 😂❤

[@corb0046]

What middle class, it’s either rich or poor

[@GrahamStephan]

:/

[@TVHouseHistorian]

That largely depends on how smart and savvy you are with money.

[@AnthonyIsToeKnee]

I just saw you on Dave Ramsey, he recommended you, and your first video I see is telling me to get my credit rating as high as possible. I wonder why Dave didn't mention that when you were on. There's allot to agree here with the research, but building credit so you can take high value loans doesn't seem like building wealth for yourself. Investing I can agree with, but paying your money to other people so they can reinvest doesn't make sense. The value of the dollar is dropping, so take my dollars and pay it to someone who is going to upcharge that dollar when I pay it back?? 🤔

[@lasquiz6959]

Part of a very important coin been talked about in the BCL

[@joewilliams-nelson6419]

Uh yes to Kittel!

[@coinvaultt]

noooo we need the middle class , we need all the classes to keep everything in balance

[@corpr8dystopia778]

there are poor and there are rich

[@sohrob1]

As a middle class individual I see this as an absolute loss

[@GrahamStephan]

The GOOD news is that (it seems) more people seem to be boosted up into a higher bracket

[@believeinthedream]

thanks Grahm

[@sneezygibz6403]

Im doing good on my end. Recently secured a new job with base salary at 189k and my personal business is finally gaining traction.

[@flips6908]

Great content! I was middle class, took in all your advice and just retired at 56 by always investing any money I earned. Max 401k, health savings account, IRA and took advantage of HELOC when a stock hit all my buy criteria.

[@bobbybigfish1]

Gentle “like” administered

[@coderedzzz9357]

Fantastic thumbnail and video title as always

[@chrisbaker2669]

Depreciation is one of the best tax write offs ever I can't believe that is in the tax code. But what is even crazier is when you die your kids get a stepped up in value wiping out all the depreciation it is probably a big reason why there such wealth inequality in the country.

[@GrahamStephan]

Totally. Doesn't make much sense why there's that much of a stepped-up tax basis. The tax basis should remain the same if / when it eventually sells.

[@corrySledd]

I think it's time to make it more appealing for potential buyers. the stress and uncertainty are getting to me. I think I'll cut rents to attract potential buyers and exit the market, but i'm at crossroads if to allocate the entire $680k liquidity value to my stock portfolio?

[@sheltonPston]

Agreed, the role of advisors can only be overlooked, but not denied. I remember in early 2020, during covid-outbreak, my portfolio worth around $300k took a slight fall, apparently due to the pandemic crash, at once I consulted an advisor in order to avoid panic-selling. As of today, my account has yielded big fat yields, and leverages on 7-figure, only cos I delegate my excesses right.

[@corrySledd]

How do I find this financial counselor ?

[@sheltonPston]

Credits to Nicole Desiree Simon one of the best portfolio manager;s out there. she;s well known, you should check her out

[@corrySledd]

I just came across her web page, I went through her resume and I must say it was quite impressive. I reached out to her and I have booked a session with her.

[@mrthiccc2370]

As a new business owner at 21. This is very helpful. Graham is so helpful with financial advice and have been watching for over a year. Thank you

[@briankelly1240]

Goldsboro, NC as a metropolitan area? 'x for doubt', not when it is between Raleigh and Charlotte for comparison.

[@00teatime]

I like listening to an extremely rich guy talk about middle class problems.

[@cassandraqcassandraq5510]

And so many wars and recessions

[@mccoyji]

Welcome to Costco, I love you.

[@Donaldsmith109]

Stocks 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 stocck portfolio, what’s the best way to take advantage of this bear market?

[@Lettogle109]

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 skillset/knowledge to pull such trades off.

[@Judithmoy109]

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 .

[@Kimdavid109]

Please can you leave the info of your investment advisor here? I’m in dire need for one.

[@RyanPalaeologus]

These bots getting advanced

[@jpscharged]

​@@Lettogle109if you're refering to options I wouldn't have my advisor doing options either. Too high risk. Otherwise swing trading is easy. If your can make a pb&J sandwich you can buy a stock. The problem is the psychology of trading that gets people f'd up. That and not following your stop losses. I put $10k in Tesla in March 2020 and sold those shares in 2021 for $50k. I also burried $10k in 21 different holes in my back yard to make sure I extra diversified.

[@bay1946]

I want to know how many understand what Amazon is doing with *APL66K* and how many refuse to adapt and still continue in their private bubble. This will sooner or later be in everyones brain pretty sure about that

[@piggynatorcool668]

anomalous comment

[@Holphana]

Fake news.

[@joem1950]

These bots man

[@riseuplight]

What is that

[@thedude5040]

BBBBBOOOOOTTTT