America is currently plagued by the hydra-headed evil duo of inflation and recession. The worst part about this recession is that consumers are racking up credit card debt. In April alone, credit card debt went up 20% while rates have doubled in a year. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse has indeed begun..
@SallyW4144 ай бұрын
Every day we have a new problem. It's the new normal. At first we thought it was a crisis, now we know it's a new normal and we have to adapt. this year will be a year of severe economic pain all over the nation.. what steps can we take to generate more income during quantitative adjustment?I can't afford my hard-earned 180k savings to turn to dust
@SteveKalfman-yv7co4 ай бұрын
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
@Fahima9Tazin4 ай бұрын
Mind if I ask you to recommend this particular advisor you using their service?
@SteveKalfman-yv7co4 ай бұрын
Credits goes to Vivian Jean Wilhelm one of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.
@Fahima9Tazin4 ай бұрын
This reference seems valid.. Just looked up her full name on my browser and found her site without sweat, over 15 years of experience is certainly striking! very much appreciate it
@Tonyrobs22 ай бұрын
The looming recession and the Fed's rhetoric of raising interest rates have investors extremely concerned. I'm not sure what to do with my $600,000 portfolio yet. because we may not enter a recession, and even if the Fed is hawkish, interest rates may not be raised further.
@SeanTalkoff2 ай бұрын
As hard as it may sound you can plan for the recession. If you are working, find extra work and get an Invest--advisor. Protect your deposits by having enough cash in short term fixed income. Then cut your expenses. Minimal insurance, cut utilities.
@WillieNickell2 ай бұрын
Investing Is more than reading quarterly reports. Learnt this from reading Peter Lynch's book. I believe there are people who do this for a living, and I just delegate the task to these professionals. That's how I make money from the market to be honest.
@lawrencedyke2 ай бұрын
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
@WillieNickell2 ай бұрын
Sharon Ann Meny is the licensed advisor I use. Just search the name. You’d find her webpage and necessary details to work with to set up an appointment.
@lawrencedyke2 ай бұрын
Thank you for the recommendation. I'll send her an email, and I hope I'm able to reach her.
@Cynthia-mm1cv5 ай бұрын
Honestly, this concerns me and has left me uneasy. Especially this potential depression, no more a recession. I'm unsure about my $130K account strategy, considering the uncertainty of this whole recession mostly.
@OyJaPinoy5 ай бұрын
these replies are sooooooo sus. they all follow the same pattern.
@pete67054 ай бұрын
@@OyJaPinoy they’re obviously bots
@thndr_strck_9995 ай бұрын
lmao the guy in the back
@IamJonny-o4v2 ай бұрын
Recessions are a normal part of the economic cycle, therefore your only option is to be prepared and make plans accordingly. 2009 saw a recession when I started my profession. My initial job out of college was performing aerial acrobatics on cruise ships. I have built my own company, work as a vice president for a significant organization, own three rental properties, make investments in stocks and companies, and have experienced a two million dollar increase in my net worth in the last four years.
@LUCIASMITH-d1z2 ай бұрын
Let's face it, increasing stock and index fund purchases during downturns and bear markets is unnerving. Which makes it very difficult for most people, like me, to do. It's challenging to incur the risk of investing the one million dollars that I have in an S&S.
@tatianastarcic2 ай бұрын
Exactly, most of the investors pays more attention to the profit aspect forgetting that the market involves ups and down. securing your financial position requires lots of patience and proper education on the market so as to know the right profitable stock to buy and invest in. I made over $260k in profits, from just the Q4 of 2021. Investing in the stock market is most profitable when you understand how the market actually works.
@JacobsErick-u8r2 ай бұрын
I really acknowledge your comment, i have been trading stocks for a while now but i have not been able to make much. how do you achieve this feat?
@tatianastarcic2 ай бұрын
Her name is “Melissa Terri Swayne” can't divulge much. Most likely, the internet should have her basic info, you can research if you like
@winifred-k9e2 ай бұрын
Thank you for sharing, I must say, Melissa appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled a call.
@seano795 ай бұрын
It doesn't matter what their outlook is. Next week someone at jp morgan will say the complete opposite.
@harsharip5 ай бұрын
Lol of all, no one can predict a recession
@jameswood97725 ай бұрын
The Fed's talk of interest rate cut leaves me pondering what stocks to buy now and when do I sell? I'm unsure how to properly allocate my money to achieve an optimal portfolio in this present economy, my goal is $3m for retirement.
@johnlennon2325 ай бұрын
Navigating market volatility can be challenging, it might be beneficial consulting with an advisor to provide personalized insights based on your specific situation and financial position
@williamyejun85085 ай бұрын
No doubt, getting proper financial advice is invaluable, my portfolio is well-matched for every season of the market and just yielded 120% from early last year. I and my advisor are working on a 7 figure ballpark goal, though this could take another year.
@chris-pj7rk5 ай бұрын
I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
@williamyejun85085 ай бұрын
My CFA ’Rachel Sarah Parrish’ , 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.
@chris-pj7rk5 ай бұрын
Just ran an online search on her name and came across her websiite; pretty well educated. thank you for sharing.
@hullbruce5 ай бұрын
I am currently in my 50s and This is no time to taper retirement savings. I want to max out my retirement contributions and I also have another $200k in a savings account that i want to invest in a non-retirement account. Where should I invest it now?
@Angelavaldess5 ай бұрын
Research dividend aristocrats and choose six to ten companies with over 25 years of dividend payments. Consider working with a financial advisor to build a strong portfolio.
@Higuannn5 ай бұрын
@@Angelavaldess You're right, I and a few Neighbors in Bel Air Area work with such advisor who prefers we DCA instead of a lump sum purchase, Following this, my portfolio grew 40% in the last quarter.
@Higuannn5 ай бұрын
You're right, I and a few Neighbors in Bel Air Area work with such advisor who prefers we DCA instead of a lump sum purchase, Following this, my portfolio grew 40% in the last quarter.
@hullbruce5 ай бұрын
@@Higuannn I've been getting suggestions to use one, but where and how to find one has been challenging, Can i reach out to the one you use?
@Higuannn5 ай бұрын
@@hullbruce I work with the popular Sharon Crump Cline. Who happens to be a is a hot topic among financial elitist in The US. Especially for her works during Covid. All the information you need to set up an appointment is on her web page
@hongkong1285 ай бұрын
I think JPMorgan has 35% right on that.
@rickhayes-oh2zm5 ай бұрын
quantitative is a fancy word for inflation
@dulce-w9g5 ай бұрын
What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio. .
@cairo-g9g5 ай бұрын
I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders
@cairo-g9g5 ай бұрын
NICOLE ANASTASIA PLUMLEE' is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
@nt0075 ай бұрын
Always invest in quality stocks/ETFs for long term and always buy. 😊
@off-roadingexplained84175 ай бұрын
Robin Hood is doing 5% on savings... If you don't think you're going to do better than 5% in a recession then maybe it's something to think about. I don't know.
@Reuben-w5f5 ай бұрын
As an investing 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?
@mayalucia-5 ай бұрын
Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.
@ZainabYusuf-n7k5 ай бұрын
Many people minimise the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm solvent. I looked for licenced advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
@vikas-y7h5 ай бұрын
To be honest, I've been wary of banks for a while, but I wasn't sure how to speak with an advisor first. Please let me know who your adviser is if it's okay; I need some recommendations.
@ZainabYusuf-n7k5 ай бұрын
I dont know if you are confortable trying finacial advisors recommended on comment sections but well, ‘’Svetlana Sarkisian Chowdhury ‘’ is the licensed advisor I use. you can Just search the name. You’d find necessary details to work with to set up an appointment.
@ChrisAdams-f1u5 ай бұрын
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.
@ervinmurray12535 ай бұрын
Transfer of wealth usually occur during market crash, so the more stocks drop, the more I buy. Meanwhile I'm just focused on making better investments and earning more as recession fear increases, apparently there are strategies to 3x gains in this present market cos I read of someone that pulled a profit of $350k within 6months, and it would really help if you could make a video covering these strategies.
@DanielOrstein5 ай бұрын
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
@Robbertskypes5 ай бұрын
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
@josephjacobs66165 ай бұрын
How about Government 35 trillion debt ??
@donacantillo5 ай бұрын
Japan has more debt. Look it up.
@josephjacobs66165 ай бұрын
@@donacantillo yeah you’re right as a % of GDP they’re at 270% but pretty soon our biggest expense on the federal budget will be just the interest payment . So that means 2 things coming down the road : higher taxes for everyone and deep budget cuts . We got maybe 10 more years of kicking this can down the road and screwing over our children and grandchildren. The next recession drawdown will make 2008 look like chump change .
@redfisher53785 ай бұрын
@@donacantillowhat’s your point? Tallest midget contest?
@donacantillo4 ай бұрын
@@josephjacobs6616 do you know the President who has the biggest National Debt in his term? It's Donald Trump.
@mountainmanlife5 ай бұрын
Those that voted for Biden and are going to vote for Kamala, this is your fault hands down! Enjoy! 😂
@samanthagaboo56104 ай бұрын
It's more than 35% chance... People have been looking for jobs for months and months and months. The problem is once you've been out of work 6 months we no longer count as unemployed. I'm at month 4.
@chuyenpham33365 ай бұрын
Thanks
@Aron-r3m5 ай бұрын
With the recent tumbling in market, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly-which means more red ink for portfolios this quarter. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $125k bond/stocck portfolio
@Mosley-vu7ff5 ай бұрын
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. I know someone who made over $350k in this recession-influenced market, but to the best of my knowledge, it was through an F.A
@Garrett-lo6pu5 ай бұрын
Yeah, brokerage AdvisoRs could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of investors raking in 6 to 7 digits in a space of months. So, I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2020, and the least I returned was $140k ROI, and this does not include capital gain.
@Lisa-w4u5 ай бұрын
I really want to get in with a financial advisor this year, especially as all markets are hitting lows. I don't want to be too optimistic and end up losing everything.
@Garrett-lo6pu5 ай бұрын
Jenienne Miniter Fagan is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
@Muller-o4d5 ай бұрын
I just googled her name and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get.
@bobbyward24405 ай бұрын
Most major banks dont see a recession coming. Looking back at old articles you will see that the majority of banks have positive outlooks for the economy when in hindsight the NBER backdates the recession to when they were saying the exonomy was good
@JameyLane5 ай бұрын
I'm at 27.5%. Seriously.
@SigFigNewton5 ай бұрын
Bro, find a potion! You gotta get that health bar up
@Drsultan.95 ай бұрын
0:31 wow so smart how did you do it without being math wiz
@SigFigNewton5 ай бұрын
They increased their r odds by 40%. And he’s eager to downplay that
@chrisadams275 ай бұрын
Funny I can remember JP Morgan saying 80% chance of recession the last year they don't know
@РайтарионРабРомы5 ай бұрын
Did you know that there were no economic crises in the USSR? Read about the crisis of overproduction that is inevitable under capitalism and how socialism solves it. You'll understand why
@SigFigNewton5 ай бұрын
@@РайтарионРабРомыor read about famines that have resulted from… top down control of what farmers produce rather than letting farmers produce what the market has been demanding
@Alpharizzchad3 ай бұрын
They know. They have been selling loans of Retirement people. Calling there bonds earlier. And remember you want AI you got it. And it has your job.
@ZDoko6025 ай бұрын
When Jamie Dimon showed up to a business roundtable with Donald Trump I lost all confidence in their ability to make smart businesses decisions. Sell your JPM stock and get your money out of their bank.
@Unsolicitedbias5 ай бұрын
I have been praying for a Normalizing of Interest rates since February of 2021. Like Larry Sommers, I felt that the Fed was too slow in Normalizing rates. And sure enough, so did the Fed...eventually. in fact about 9 months later. So let's Slowly Normalize Rates but 100 BP's? I am probably ok with a 50 basis points cut in November. And maybe another 25 Basis Points next year May. That is not too much or too little. Just right.
@SimonTemplarDude5 ай бұрын
So what you're saying is.... There's a chance
@off-roadingexplained84175 ай бұрын
Exactly...
@Unsolicitedbias5 ай бұрын
My question to Mr. Gut Feeling is Mr. Guts let's shorten his name, "What should the Key Fed Funds Rate be now?" But before that I would ask him "What is current Fed Funds Rate?" Let's see if he knows that accurately? See he may have a gut feeling, but does he know any facts? Then how fast and how much would President Guts lower rates? Or would he raise them further? And of course that often forgotten Federal Reserve Balance Sheet, let's ask him about that too. How much of these destressed bonds and financial instruments are currently on the Federal Reserve Balance Sheet? And how would you adjust that composition of the Federal Reserves' Balance Sheet? And how fast would he make that change? The current federal funds rate is 5.25-5.50% $8.19 trillion As of August 14, 2023, the Federal Reserve balance sheet was at $8.19 trillion, bank reserve balances were at $3.22 trillion, and ON RRP facility take-up was at $1.79 trillion. The value of the balance sheet of the Federal Reserve has increased significantly overall since 2007, when it stood at roughly 0.9 trillion U.S. dollars. As of July 26, 2023, the Federal Reserve had roughly 8.24 trillion U.S. dollars of assets on its balance sheet. In the latest QE round, the Fed’s balance sheet more than doubled from $4.3 trillion in March 2020 to $8.9 trillion in May 20223. See? This is probably not a Guts Feeling sort of thing. Especially from a Business man that has more than his share of Bankrupt Businesses. Do you really want someone with TRUMPS level of Fraud in charge of the Federal Reserve Operations and balance sheet? It' would be like putting El Chapo in charge of the US Depart. of Drug Enforcement. Maybe Trump would like to do that too? He has some very well thought out ideas, this guy, Mr. Guts Feelings. He is so smart. I can't want for him to open his mouth more. Every day is like Christmas. TRUMPS just keeps giving us more and more idiocy and hate and bigotry and sexism and racism and elitism. I just can't thank him enough. Life would certainly be boring without TRUMPS and Elon that is for sure. Maybe in the next cycle. Elon can run with TRUMPS?
@36CatsHeavenRescue5 ай бұрын
I used to go to subway and pay 56.00 for 5 people now it’s 120.00😂 Most people can’t afford to live anymore.the homeless in the town next to me look like the walking dead at night. Behind the super market there’s like 30 of them hanging out like a gang in the dark. It’s crazy!
@badbattleaxe58325 ай бұрын
Mckesson stock is down 11% in one day. Keep an eye on it if it goes down below $538 Buy it! I love when people panic and sell it all allows me to scoop things up for cheap. I suggest you guys do the same.
@stackchn5 ай бұрын
Main St is already in recession paying its 29% credit cards 💳, $700 car 🚙 payments and 🏡 housing costs up 30% since '19. The debt bubble is bursting...
@snwbm5 ай бұрын
62% of Americans own a home. Their costs aren't going up. 51% of Americans never have any credit card debt. 60% of Americans don't have a car loan. You are describing a problem that always affects the bottom 35% The top 65% locked in a low mortgage, has savings making the highest interest in 20 years, and has their house and retirement accounts hitting new high valuations. Try to be in the 65% and not the bottom 35%........
@amybusch92535 ай бұрын
So much talk about the Republicans and how they are the party of a sound economy and fears of Democrats and a recession.... Far more recessions happen under a Republican administration. Live like a Republican VOTE FOR A DEMOCRAT!
@dirkx23505 ай бұрын
🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡
@ElCapitan4725 ай бұрын
The big short
@juancorona99884 ай бұрын
youre better off getting a CD through your bank. They are paying 5% and next year take it out and invest in S&P 500 when its 40% off.
@Cynthia-mm1cv5 ай бұрын
Recessions are an unavoidable part of the economic cycle; all you can do is prepare for them and plan accordingly. I graduated into a slump (2009). My first job after graduating from college was as an aerial acrobat on cruise ships. Today, I work as a VP for a global corporation, own three rental properties, invest in stocks and businesses, run my own company, and have increased my net worth by $500k in the last four years.
@MiguelNunya5 ай бұрын
Its the 5397 world nothing changes just the faces
@nickrook55195 ай бұрын
One word Ðoge
@jomo44355 ай бұрын
Haha no one really knows....best guesses are theories
@FURIAfdx5 ай бұрын
NICE GOLD PUMPNIG. CLASSIC JP METAL MARKECT MANIPOLTION. HOW IS GLOBAL ECONOMY BASE IN THIS RIGGED AND MANIPOLATED CONCEPT?
@BrandonRichards215 ай бұрын
Do you think it's a good time to consider selling some stocks, or is it better to hold onto them for the long term? I’m considering rebalancing my $2M portfolios, So I'm curious about the best strategies to invest this year.
@AlfredStephen1275 ай бұрын
@MaryLawson874 Having the correct plan in place is crucial; my portfolio is well-suited to each season of the market and recently experienced a 100% increase from early last year. My CFP and I are working on a 7-figure target, albeit this could take until Q4 2024.
@Jamesrobert6275 ай бұрын
@@AlfredStephen127 could you share more info please on the advisor that guides you could you share more info please on the advisor that guides you
@AlfredStephen1275 ай бұрын
@@Jamesrobert627 just research the name Jessica Dawn Walters . You’d find necessary details to work with a correspondence to set up an appointment.
@Jamesrobert6275 ай бұрын
@@AlfredStephen127 thanks you for sharing.. I must say, Jessica Dawn Walters appears to be well knowledgeable, just came across her consulting page and went through her resume, very impressive!
@nikhilniranjan60745 ай бұрын
I would say add more over time don’t be rush to liquidate ur portfolio like it will recover eventually. If u want to invest in other things just add it like every two weeks or every month and if they are at a great discount then buy what you want too. Just wouldn’t sell if I were you.
@Alpharizzchad3 ай бұрын
😂 JP Morgan is the biggest problem. Your messing up the system. For your stock price. 🎉
@knowledgeispower88172 ай бұрын
America will badly affected in ressesion. America have done lot of mistakes American world wide businesses have badly laid off talented employees obviously those talent are either cursing America or either supporting to other developing nation business in lower sallery..also due to AI America will lost its economical dominance on world and American people are hating to out of American employees but due to this only America will lost everything.. America should continue and prefer intellectual people rather than hate.. America can hate and give preference to unskilled American..but America need to prepare ressesion..it's depends on America..AI is monster it will drawn America.. write this some were and see after 10 year..how badly America will affected due to AI..also there will no rights to common America all rights will be consolidated in big American Businessmen..and one businessmen will try to finish other in resseasion and common American will suffer in it..
@Jackson-l3r5 ай бұрын
Bitcoin’s performance demonstrates that genuine prosperity and financial freedom are attainable only through decentralized systems. Having left centralized systems like Wall Street eight years ago, it’s worth asking: How are users of those centralized systems faring? How is traditional financial advice holding up? And how effective are influencers on platforms like KZbin? Remember, the tortoise often wins the race.
@РайтарионРабРомы5 ай бұрын
Did you know that there were no economic crises in the USSR? Read about the crisis of overproduction that is inevitable under capitalism and how socialism solves it. You'll understand why