"I’m 38, Earn $50K a Year and I’M DEAD BROKE!" kzbin.info/www/bejne/ooS5l6ylq76Niqs
@SirCarlosMusicBMI6 күн бұрын
🌴🌴🌴 That was a great video 👏👏👏
@matthewvasquez92786 күн бұрын
I thought you were like atleast 40
@MeMe-hp3hl6 күн бұрын
The big question: Is the "melt-up" narrative a scam to keep us dumping our money into the market? Maybe you can give us your thoughts on that question @MichaelBordenaro.
@henrythegreatamerican81366 күн бұрын
It looks like the new administration might be planning to use our tax dollars to set up a national reserve fund with Bitcoin. If that happens, we could be looking at one of the biggest market bubbles in history. And I can guarantee they’ll try to sell at the peak. What really gets under my skin is how eager they are to cut government spending, yet they’re considering investing taxpayer money into Bitcoin and other cryptocurrencies, including a new coin created by the president's own company, World Liberty Financial and his new crypto coin. I wonder if it's worth temporarily investing in it?
@henrythegreatamerican81366 күн бұрын
Looks like the new administration might be cooking up a wild plan to dump taxpayer money into a Bitcoin national reserve. If they pull this off, we could be looking at the mother of all market bubbles - and you know they'll try to cash out right at the peak. What's driving me crazy is how they're preaching about cutting government spending, but then turn around and want to gamble with our money on crypto. Especially this new coin from the president's own company, World Liberty Financial. Might be worth throwing a few bucks at it just to see what happens. But hey, that's just my two cents.
@nicolasbenson0094 күн бұрын
We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.
@sharonwinson-m8g4 күн бұрын
Keeping some gold is usually a wise decision. You would be better off keeping away from equities for a bit or, even better, seeking advice from an expert given the current market conditions and everything that is at risk with the current economy.
@tatianastarcic4 күн бұрын
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst
@Vincent-j8u4 күн бұрын
Could you possibly recommend a CFA you've consulted with?
@tatianastarcic4 күн бұрын
My CFA ’Sophia Maurine Lanting’ , 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.
@TinaJames2224 күн бұрын
Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.
@Muller_Andr4 күн бұрын
We are in our 50s with nearly $3M saved, no debt and $50K annual spending. But we avoid the stock market completely.
@simone_maya4 күн бұрын
I’m retired. Your story of a conservative savings profile is a common one. Any course of action involves risks. You might be avoiding market risk, but you are taking on other risks like inflation and reinvestment risk.
@Muller_Andr4 күн бұрын
My wife is willing to work for another 5 years if needed. Are we in good shape? Will we be okay if I begin withdrawing from Social Security when I’m 62 and my wife is 67? Should we hire a financial planner to help us navigate this?
@simone_maya4 күн бұрын
No one likes market risk, but without longer retirement, taking on risk is often a necessary evil to compensate for inflation.
@AadhilaEesha4 күн бұрын
Certainly get a pro to look at your predicament (if you even have one, lol) A second opinion from a comprehensive financial adviser can help you look at more than just your current estimate of cash flow and needs but also longevity risk, outliving your money, tax considerations, legacy planning, healthcare costs, inflation and a myriad of other things you may not be considering when reviewing your current situation
@Muller_Andr4 күн бұрын
How does one get a comprehensive fa who isn’t looking to just make a buck from consultancy and whatnot
@nidyabronstrup23756 күн бұрын
❤️❤️❤️ I wish for everyone to have a joyful thanksgiving and blessings ❤❤❤
@monicaspector23886 күн бұрын
❤❤❤
@Firehorse396 күн бұрын
And we wish you the same with all our LORD’s blessings
@DelbertStinkfester6 күн бұрын
Turkey, Stuffing, Mashed Potatoes, Gravy, Fresh Baked Rolls, Green Bean Casserole and Pumpkin, Coconut Cream, Pecan and Apple PIE...at least one piece of each
@chrisweidner47686 күн бұрын
Thank you. All the best to you and yours. Always.
@LL-wu8zt6 күн бұрын
You also!
@Christensen55415 сағат бұрын
Kudos, Michael. 43 here and kudos for creating this. With a good investment plan that ensures steady income without any doubts I and my wife are prepared for a well organized retirement. I started investing a year ago and so far, I’ve watched my networth grow exponentially after my first $100k. I've learned that getting a good return is very much attainable only if you know your way around it.
@Willycheng59012 сағат бұрын
You must be lucky. How are you able to do it?
@Christensen55412 сағат бұрын
It's totally far from luck. Sir Jonas Herman, a CFA has consistently outperformed the market ever since I got on his program. He has continued to put my $35k to good use with market driven strategies making me an optimal return of over $121k
@Freddyyyy26612 сағат бұрын
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.
@Aengel912 сағат бұрын
49 here, I hope it's not too late for me to get started. How can I get acquainted with him?
@Aengel912 сағат бұрын
@@Christensen554 49 here, I hope it's not too late for me to get started. How can I get acquainted with him?
@WestonScally76142 күн бұрын
I've heard some analysts talk about a 'massive' correction. It makes me wonder if it's time to adjust my $2M portfolios or maybe even consider some defensive investments.
@SaintYvess2 күн бұрын
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.
@FelineAirstrip2 күн бұрын
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 finan-cially secure for over five years, yielding nearly $1 million in returns on invest-ments.
@sting_grayl2 күн бұрын
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
@FelineAirstrip2 күн бұрын
*Marissa Lynn Babula* is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
@sting_grayl2 күн бұрын
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
@jn1ty6 күн бұрын
Just have to remember one thing. Everything is only worth what people are willing to pay for it. This goes for everything. You can say all day that My house is worth a million dollars but if no one will buy it for $500 thousand then how much is your house worth?
@Mark-pb8kj5 күн бұрын
Well the US debt is 36 trillion and that's a house for all 330 million Americans at 109000 each.
@Greg-ox6ci5 күн бұрын
👁👁 ( l )
@MrJohnnyDistortion5 күн бұрын
Not true. You may be advertising to low income people who don't qualify.
@jn1ty5 күн бұрын
@@MrJohnnyDistortion Whats no true? It is all true. Why do you think if you have a high price you can't sell until you lower the price? You see it all the time with properties that have been on the market. People don't think it is worth what you are asking.
@KoDeMondoКүн бұрын
Yep exactly if you found it with fake money that someone create from tiny air definitely you would have pops and booms
@PASCALDAB4 күн бұрын
The market trend can turn around very quickly. In fact, the indexes often switch from a bear market to a bull market when the news is at its worst and the mood of investors is at its lowest point. I read an article of people that grossed profits up to $150k during this crash, what are the best stocks to buy now or put on a watchlist?
@Tonyrobs24 күн бұрын
In particular, amid inflation, investors should exercise caution when it comes to their exposure and new purchases. It is only feasible to get such high yields during a recession with the guidance of a qualified specialist or reliable counsel.
@viviancarolgioao4 күн бұрын
True, initially I wasn't quite impressed with my gains, opposed to my previous performances, I was doing so badly, figured I needed to diverssify into better assets, I touched base with a portfolio-advisor and that same year, I pulled a net gain of 550k...that's like 7times more than I average on my own.
@SeanTalkoff4 күн бұрын
This aligns perfectly with my desire to organize my finances prior to retirement. Could you provide me with access to your advisor?
@viviancarolgioao4 күн бұрын
Sharon Ann Meny, 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.
@SeanTalkoff4 күн 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.
@jasoncooper9396 күн бұрын
Shortage of housing doesn't matter if no one can afford them in the first place
@recyclingrevolution49056 күн бұрын
I was always wondering who are the people who can afford buying houses at these prices? What do they do for living? I want to do that.
@JackCarsonite6 күн бұрын
@@recyclingrevolution4905they're the capitalists. If we allow building this crashes quick.
@AssetAddict5 күн бұрын
Think about it.... if nobody can buy, then there would be no shortage. However, that's just your case. Plenty of people at higher incomes continue to buy.
@shanerogers93865 күн бұрын
not to mention there is no shortage
@goodtimes95015 күн бұрын
Who’s FAULT is shortage of housing????
@blissds-gi3mb2 күн бұрын
"Ah, here we go again with the classic 'financial bubble burst' scare. Love the drama! Anyway, I’ve finally got $154k chilling in my emergency fund and I’m ready to start investing. Watching this vid feels like stepping into a minefield with no map. Any tips for a newbie trying to avoid the ‘pop’ and not just sit on cash forever? Or should I just get popcorn and wait for the bubble show? 🍿"
@NancyFranciss2 күн бұрын
Haha, love the enthusiasm! But here’s the thing: bubbles are like traffic-you don’t stop driving just because there’s a chance of a jam. My advice? Find a good financial advisor to navigate the mess. Mine helped me turn my random stashes into actual investments, and trust me, they know stuff these KZbin guys don’t. Just saying!
@claireNymans2 күн бұрын
"Both of you make good points, but honestly, I'm stuck. I have the funds, the desire to invest, but zero clue on how to start. Maybe I need an investment advisor, but how do you even find a reliable one these days? Feels like looking for a needle in a haystack."
@NancyFranciss2 күн бұрын
"There are a handful of CFAs. I've experimented with a few over the past years, but I've stuck with 'Linda Aretha Reeves' for some years now, and her performance has been consistently impressive. She’s known in her field, look her up."
@blissds-gi3mb2 күн бұрын
"Looked up Linda Aretha Reeves-wow, she seems like exactly what I needed! Reviews are solid, and her approach feels tailored for someone like me. Thanks for the recommendation!"
@SilvesterMiles-y4j2 күн бұрын
Watched Linda Aretha on Bloomberg finance summit 4 years ago and her presentation was terrific!
@TreyStribling6 күн бұрын
My late uncle raised beef cattle, and I remember talking to him about the value of land before he passed away. He told me when he was young people valued land by what it produced and not a view. I believe that will still be true today if you have the knowledge to work the land. Just my opinion.
@prashanthb65215 күн бұрын
That is so true. We need to go back to basics. This is same as capitalism vs socialism. Today's capitalism has gone awry, it has to be stopped.
@rocqitmonКүн бұрын
great lesson - today's Central Florida could be producing loads of a variety of fruits and vegetables. Instead, those products will be shipped from everywhere at earlier pick times and high costs. The place got paved over!
@dmimcg6 күн бұрын
I've been a full time investor for over 30 years. Valuations today are pretty extreme and most smart investors are in a high cash position- as am I. I also own residential real estate and have no debt, so I'm protected as best I can be. But for you kids out there thinking your bitcoin is going to the moon- you might want to be careful. This guy here speaks the truth.
@allanbauer40766 күн бұрын
Bitcoin has already gone to the moon. Does anybody know someone who actually used it as a form of currency? Has anyone actually used it to buy something?
@allanbauer40766 күн бұрын
Simple answer . Would you sell your $400,000 home to somebody for 4 Bitcoin?
@Khadersheriff6 күн бұрын
👌 I dont know much about fundamental analysis, I do SIPs in Mutual funds and I just follow 'buy and forget' method regardless of whatever the price is. Do you think this is approach is okay or in such highly overvalued markets i should hold cash till i get a better price?
@bobbya515 күн бұрын
@@allanbauer4076 🎯
@brett49325 күн бұрын
You probably could have picked a better analogy than bitcoin to illustrate your point, chief.
@roberthaliburton3326 күн бұрын
Between 1989 - 1993, our House in Toronto went from $250k to $175k. And interest rates were 12 %. We paid $75k in 1980. We sold 2014 for $750k. t was listed this year at $1.150 million. No surprise it's a bubble. The universe is dynamic consisting of cycles like the 4 seasons per year
@andred32995 күн бұрын
It is called inflation and is 100% caused by your Gov spending. JFC.
@1aniztop3 күн бұрын
Isnt a bubble Just because dolar is trash. Buy Bitcoin.
@Manoooloko6 күн бұрын
I wish for everyone a blessed weekend to recharge the energies
@monicaspector23886 күн бұрын
❤
@bustjanzupan10746 күн бұрын
I am recharging them trough the night, so, the weekend is not so good 4 me, because i can't work. But, i still need the Lord's Day, 2 go 2 the Mountains 🙂
@TreyStribling6 күн бұрын
I remember in 1979-82 interest rates rates were around 18%. I remember my father was laid off and my mom was the only parent working. Our house payment was 320.00 a month. They built that house in 1977 for 35,000 dollars.
@tylerhill94836 күн бұрын
Are we in a bubble or is the value of the currency going to crap? Government constantly bailing out everything all the time at the cost of the value of the currency.
@heimbone15 күн бұрын
Devaluation of the currency is the same thing as inflation. You can purchase less goods with the same amount of money.
@6Rusted5 күн бұрын
Agree 100% with this, you nailed it!
@premiertrainingFL4 күн бұрын
Corporations simply raised the cost of everything and still are receiving record profits, they’re not hurting at all and they control all of the costs. Inflation is at 3% which is normal. They’re simply gouging
@thejuicerr3 күн бұрын
Most likely both
@stevef40103 күн бұрын
Maybe both
@ownsilver6 күн бұрын
Each bubble gets bigger faster and more devastating
@nellyjohnson73166 күн бұрын
Trigonometry…sine curve.
@MrPhotodoc5 күн бұрын
Kind of like climate change.
@chrismusix56694 күн бұрын
The bubble bursting during the great recession of 2008 was welcome by me! I was scraping by while being a full-time student. So lowered fuel and food prices was very convenient for me. I could use some of that convenience right now.
@MaxTricks7396 күн бұрын
Remember - just because you made an investment does not mean that it will be profitable.
@mingwong80916 күн бұрын
On the contrary I have made nothing but $$$ investing in R/E income properties, PMs, great AI stocks & TSLA😊
@tobyk51496 күн бұрын
@@mingwong8091 you clearly missed the point
@mingwong80916 күн бұрын
@@tobyk5149 ahhh, duhhh what's the point??? My point is there are many exceptions to Max's comment.
@mingwong80916 күн бұрын
@@tobyk5149 and finally in the long run like Buffet I have zero losses in my investment in aggregate & I can guarantee you that I'm not the only one. Look at all the $$gazillionairs in the US.
@unaldurmaz2506 күн бұрын
Please have been talking and talk talk
@rodneywalden53586 күн бұрын
Even millionaires are doing their homework. Million dollar properities in coastal Florida still have to pay high property taxes and extremely high insurance.
@ZaKRo-bx7lp6 күн бұрын
Yeah, most people have gotten burned at last once so buyers are weary of overpriced Florida properties. Can't make a good investment if you aren't certain it will resell at a higher price.
@bpb55415 күн бұрын
FL is 10 year max from becoming uninhabitable. I would be getting out of there as fast as I could.
@rodneywalden53585 күн бұрын
@bpb5541 we think about everyday.
@novadhd4 күн бұрын
yup and they are lie F this im going somewere else lol
@okimitchell10433 күн бұрын
@@bpb5541Some of us have paid off houses,grandkids,and stable jobs.not to mention 60 degrees is a cold front for us🥶. Im not going anywhere ✌️
@grantv23136 күн бұрын
Since the dollar has been off the gold standard there’s no base line for reference anymore. All we have is a constantly inflated money supply and the previous year to use as a reference. So of course everything is going to keep going up. It may not be a bubble. Just inflation .
@ryanswick5 күн бұрын
The bubble is the US dollar
@AnicaEmbregts-j3e5 күн бұрын
Hit 240k today. Appreciate you for all the knowledge and nuggets you had thrown my way over the last months. Started with 24k in September..
@RichardArthurBaker5 күн бұрын
It's really heartbreaking to see how inflation and recession impact low-income families. The cost of living keeps rising, and many struggle just to meet basic needs, let alone save or invest. It's a reminder of the importance of finding ways to create financial opportunities. You've helped me a lot sir Jihan! Imagine i invested $50,000 and received $190,500 after 14 days
@AnicaEmbregts-j3e5 күн бұрын
As a beginner in this, it’s essential for you to have a mentor to keep you accountable. Jihan Wu is also my trade analyst, he has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
@AmirRezaie-d2h5 күн бұрын
Jihan Wu Services has really set the standard for others to follow, we love him here in Canada 🇨🇦 as he has been really helpful and changed lots of life's
@JimJamieson-z4h5 күн бұрын
His guidance allowed me to restructure my retirement plan, resulting in an estimated $700,000 more by the time I retire.
@ElliGConcepcion5 күн бұрын
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why l'm lucky to have seen someone like mr Jihan Wu.
@donaldhamel6415 күн бұрын
I’m 80 yrs old and I find you “ RIGHT ON “ with diversity with what you have and be comfortable with holding on what you have, it’s ALL ABOUT “ Health “ and sleeping good at night . I love listening to you , you speak the truth my man , keep it up 👍👍
@ardijedi6 күн бұрын
A is for assets, rising so high, B is for bubbles, watch them float by. C is for caution, don’t get too bold, D is for danger when the truth’s left untold. (Chorus) ABC, let’s rock and learn, Financial bubbles, it’s your turn! Watch them grow, then pop, oh no! Stay smart with your cash, let’s go, go, go! (Verse 2) E is for equity, prices that soar, F is for frenzy, wanting more and more. G is for greed, it can lead you astray, H is for hindsight, learn from yesterday. (Chorus) ABC, let’s rock and learn, Financial bubbles, it’s your turn! Watch them grow, then pop, oh no! Stay smart with your cash, let’s go, go, go!
@Ghekko-kw3zz5 күн бұрын
Clever, original?
@jimstrickland86535 күн бұрын
Nice little ditty!
@dademack35445 күн бұрын
M is for missed one of the largest asset price increases in history.
@libertyIsAll1325 күн бұрын
its sounds like lyrics we can convert into a song with Suno Artificial Intelligence
@AshleySpeaks4U5 күн бұрын
😂 nice!
@gabbe_wng97124 сағат бұрын
I’m ecstatic with Trump's victory and the year-end market surge. Which hidden jewels in the upcoming bull run would you buy with 150 grand right now? My goal is to position myself for a prosperous Q1 in 2025.
@Linda-pr4 сағат бұрын
Index Funds & ETFs: 40-50%, Emerging Markets (e.g., VWO): 10-15%, Dividend Stocks: 10-20%, Growth Stocks/Small-Caps: 10-20%, REITs: 5-10% Remember to always work with a knowledgeable person in the financial market when starting out to avoid getting burnt.
@Louisjake-w1m4 сағат бұрын
”DCA DCA" is the sloppy term but the key. My dollar portfolio i DCA with is made up of 30% PLTR, 25% NVDA, 15% VOO and over 30% in digital assets, thanks to my CFA. This strategy 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 this year
@cherry8108034 сағат бұрын
How can I participate in this? I sincerely aspire to establish a secure financlal future and i'm eager to participate. Who is the driving force behind your success?
@Louisjake-w1m4 сағат бұрын
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Eleanor Bonnici Deskin’’ for about two years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
@cherry8108034 сағат бұрын
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
@dexterbartholemew67526 күн бұрын
You know the saying: “When the little guy gets in, it’s time to get out.”
@jeffguarino20976 күн бұрын
Little guys are not getting in because they have to pay rent and nothing is left over.
@5dc616 күн бұрын
That’s what she said.
@goodtimes95015 күн бұрын
@@5dc61👏🏼👏🏼👏🏼👏🏼
@MrPhotodoc5 күн бұрын
That's not a real blueprint for success then is it?
@MrJohnnyDistortion5 күн бұрын
Weren't you a little guy? Once? Then what happened?
@mustaphaismail86213 күн бұрын
*I'm glad you made this video* it reminds me of my transformation from a nobody to good home, $34k monthly and a good daughter full of love..
@mustaphaismail86213 күн бұрын
My advice to everyone is that saving is great but investment is the key to be successful imagine investing $15,000 and received $472,700.
@MuhammadBathroom-l7m3 күн бұрын
Hello, I'm a Doctor from Scotland, how do you make such amount? I'm a born Christian but sometimes I feel so down of myself because of low finance but I still believe in God.
@mustaphaismail86213 күн бұрын
Making touch with financial advisors like *Catherine Adriana* who can assist you restructure your portfolio, would be a very creative option. Personal financial management will be crucial to navigating the next difficult times.
@well-blazeredman61872 күн бұрын
You're a liar.
@KellyBoettcher-qo9tx6 күн бұрын
Everything you've been talking about comes true! I tell my husband doom and gloom guy is always right. Haha. Thanks Michael. 😊
@1STerminus6 күн бұрын
Prepare for hard times don't be caught unprepared for anything.
@oitzingerpeter6 күн бұрын
ALL market bubbles burst 💥 eventually.
@r.f.hopkins81636 күн бұрын
My college Economics Professor first day of class "What goes up, Will come down"
@Doug-g8i6 күн бұрын
Like Cisco Systems but 10 years later. 17,000% gainer in the meantime. Timing is everything.
@r.f.hopkins81636 күн бұрын
@@Doug-g8i Yeah, time the market, go for it ! Sounds like Long term investing, yes. Now buy some today and wait ten years UP and DOWN Your point?
@glennbeadshaw7276 күн бұрын
Spinning Wheel must go around
@hvaball1506 күн бұрын
Yeah, your economics professor confused gravity with prices. I hope you didn't pay for the class.
@r.f.hopkins81636 күн бұрын
@@hvaball150 Mr Wonderful ( Shark Tank Billionaire) "Never buy stocks to grow. They go UP and DOWN. Buy for Dividend, they rent your money and you always get paid. So hope your theory works, cause mine works very , very well. Thanks to my Professor ASSHOLE
@Ellen-gv2gw6 күн бұрын
Buffet is selling. He knows
@JKBelle4 күн бұрын
💯
@Madridstrat7 сағат бұрын
With stocks so expensive right now, the main aim for me is to make right value additions to boost my portfolio growth in this bubble ahead of 2025 with about 250 grand i have parked in the bank making nothing. What stocks should be on my watchlist?
@JesseMayhill7 сағат бұрын
Index Funds & ETFs: 40-50%, Emerging Markets (e.g., VWO): 10-15%, Dividend Stocks: 10-20%, Growth Stocks/Small-Caps: 10-20%, REITs: 5-10%. Always seek guidance from a knowledgeable financial professional when starting out to minimize risks and avoid costly mistakes.
@Frankweily7 сағат бұрын
Having a CFA comes with many benefits. For instance, my advlsor allocated a small portion of my portf0li0 based on Nancy Pelosi’s investments, which is entirely legal. That segment has grown by 71% in just six months-make of that what you will.
@Bunnydrille7 сағат бұрын
Wow!! this is impressive.. how can i reach this advisor if you don't mind me asking?
@Frankweily7 сағат бұрын
Kimberly Grace Flanagan is the advisr I use and im 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.
@Bunnydrille7 сағат бұрын
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
@Kin-28-8Күн бұрын
Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid crisis, and even pull it off easily in a favorable economy. Unequivocally, the bubble/collapse is getting somebody somewhere rich.
@Thompson-e7hКүн бұрын
I do not disagree, there are strategies that could be put in place for solid gains regardless of economy or market condition, but such execution are usually carried out by investment experts or advisors with experience since the 08' crash.
@Grace.h-t8oКүн бұрын
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor 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 out-perform, been using my advisor for over 2years+ and I've netted over 2.8million
@Lewistonwilliams-f5iКүн бұрын
How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
@Grace.h-t8oКүн бұрын
Stacy Lynn Staples 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..
@DhanaPayarКүн бұрын
I greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look Colleen up and send her a message. You've truly motivated me. God's blessings on you.
@brendamartin72806 күн бұрын
Great coverage ❤ thanks. I'm 75 and there was a crash in the early 60's and property was taxed at very high rate but wasn't worth 1/3 they claimed.
@bioold89256 күн бұрын
So how was this problem solved in those days?
@brendamartin72806 күн бұрын
@bioold8925 they gave you a Reduction in property Taxes for the rest of your life. My grandfather was 94. What a grand effort. It's corrupt gov! They did nothing. Been nice if they gave back a half million like they stole for 15 years. They'd been over taxing since 1948 or before. Ir was 1963 or so to get it resolved.
@dennistyler98525 күн бұрын
@@bioold8925It seems to happen every 10-20 years.
@fulminating902106 күн бұрын
Don't go into anything unless you know where the Exit is. Not a building, relationship, or investment. It's not enough to know where the Exit is cause when you board a plain, the stewardess will point to the Exits before you go. You also need to know when to jump out as well.
@HoneyBee-d1j5 күн бұрын
Really good advice. 😊. At 61, looking at a very bleak future, I am waiting and waiting. And I have not told anyone. Being silent and watching is very interesting.
@lindaklosterman15032 күн бұрын
Same here. Lots of hubris out there. @HoneyBee-d1j
@fatlouis0852225 күн бұрын
Silver is the most undervalued thing right now.
@HoneyBee-d1j5 күн бұрын
👍 totally agree!
@waltertodd44794 күн бұрын
Not me just more silver sales hype....
@KathleenWoodwortth5 күн бұрын
Predicting inflation starting to rise again this quarter while leading indicators showing economy slowing (not to mention governm*nt figures pumped up for the election). Global economy very weak which affects US. Fed dropping rates 0.50 shows they're VERY worried about financial downturn/crisis. interest rates coming down are also an indication banks are LESS willing to loan money into existence. The question here is where is the inflation going to come from in the near term? Consumers are mostly tapped out which is 70% of US economy (consumption). Yes inflation very likely to return but not before it continues to come down... Inflation can be a concern, but remember, certain assets like stocks and Crypto’s acts as a hedge. Long & short-term trading is generally safer, allowing investors to weather market volatility. I have managed to grow a nest egg of around 3.2 B'tc to a decent 27B'tc in the space of a few months... I'm especially grateful to Jinny Franz, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
@KathleenWoodwortth5 күн бұрын
SHE IS ON TELE GRAM.
@KathleenWoodwortth5 күн бұрын
@JinnyFranz
@WintMcgee155 күн бұрын
One thing I know for certain is crypto is here to stay, the only thing that leaves is the people who don't manage their risk. Manage that, or the market will manage it for you. With the right strategies you will survive.
@ScottHerzog-S.r5 күн бұрын
Access to good information is what we investors needs to progress financially and generally in life. this is a good one and I appreciate…
@ErikaOrenday-k4d5 күн бұрын
Thank you for sharing your experience. She’s helped grow my reserve, despite inflation, from $87k to $246k as of today…..Her insights and daily siignals are worth following.
@thomasrbishop87366 күн бұрын
Great video. If things go to hell. Food will have more value than money.
@blackworldtraveler37115 күн бұрын
I don't live my life according to Mad Max.
@thestig0075 күн бұрын
@@blackworldtraveler3711 You might have to. Or you won't be living. Just prepare in case it comes to that.
@dannymeske38216 күн бұрын
May the force always be with you Michael!...Be like water🙏🙏🙏
@markcapenhurst94486 күн бұрын
Michael, the USD has already crashed! It’s just been over a time span of ~100 years. It has lost 99% of its purchasing power over that timeframe (thank you federal reserve).
@3beltwesty6 күн бұрын
I cut 1/3 acre yards on Junior High for 1 to 1.5 bucks. With a push mower that cost 25 bucks. Had no safety stuff. To change the cutting height each wheel had to be unbolted. And placed in another hole and rebolted. The click type cost radically more ie 32 to 35 bucks. Old farts said we were ripping them off. Said should be 35 to 50 cents a yard
@daniellebustamante91596 күн бұрын
👍🏻
@jeffguarino20976 күн бұрын
And ? This is normal and planned. Not 100 years but thousands of years with different currencies. A small amount of inflation is better than deflation. Deflation should be avoided because it results in economic collapse as in the great depression. So yes 2% inflation over 100 years will erode the currency of any country. If you have money , you stick it in the bank and collect interest to compensate for inflation.
@googleuser8686 күн бұрын
@@jeffguarino2097Interest on savings is much lower than inflation and the tax man wants a cut even though you are taking a loss.
@jeffguarino20976 күн бұрын
@@googleuser868 Inflation in Canada is 2% and bank interest is 4.1% or more. If you pay 30% tax then you still come out ahead. Of course you can invest in anything , cash, real estate, stocks, commodities and they all go up and down. When everything goes down in value like in 2008 when everything went down, cash didn't go down. So in effect cash went up in value in 2008 since you could exchange less cash for most other valuable objects. In 2008 I took out a term deposit for 5.2% for $236,000 and bought the term deposit with borrowed money at 3%. So I was using the banks money to earn me money. I wrote off the interest I paid as carrying charges, so I made 2.2% and had to pay tax on that.
@patriciagrubb16166 күн бұрын
Thank you Michael for doing these videos. Helpful.
@MichaelBordenaro5 күн бұрын
My pleasure!
@defyned6 күн бұрын
Houses have come down a little in some areas, but they are still hugely overpriced.
@richardadams6988Күн бұрын
I have a theory! Wallstreet and corporations seem to be running Financials in America. In Every time, we have these small collapses and big gains, the markets are adjusted, and Wallstreet and corporations always having the advantages! Which would would seem that their are being manipulated. The consumer take the biggest hits. ..Now after a few years we looked as if we were headed to have a recession, nothing!!!Wallstreet has super gains, why ?
@josephc.miller13956 күн бұрын
Love your videos, keep up the good work.
@MichaelBordenaro5 күн бұрын
Thank you!
@jordanimatedstreaming6 күн бұрын
Bubbles are bubbles but people are trying to survive whereas in 2008 people were trying to get rich. The best case for stocks not being in a bubble is that they are just price correcting/adjusting for inflation. I find the average person I talk to struggles to accurately comprehend just how much money has been 'printed' over the past 5 years.
@marionalbergo11466 күн бұрын
This comment addresses the facts with only a few words …..bullseye!
@3beltwesty6 күн бұрын
Holiday Metal tin with popcorn today are 8 to 10 bucks. They were 5 bucks 4 years ago
@lorihamlin36046 күн бұрын
@@3beltwestySo don’t buy them. Ten bucks for a tin bucket of popcorn is crazy and tin will be in a landfill in a couple of years.
@3beltwesty6 күн бұрын
@lorihamlin3604 I use the tins in a rural building so stuff does not get eaten by squirrels mice etc.. during Bidens term one item I use in my business went from 42 to 76 bucks.. Bidens legacy is inflation. Increases in most all prices since massive printing of money
@allanbauer40765 күн бұрын
Stocks are price correcting/ adjusting for inflation? If that is true then the p/e ratios of the stocks would be the same as before this bubble. Not in historic highs they are in now .
@michaelacton62466 күн бұрын
Markets never change human psychology never changes. Fear and greed
@susieserb60685 күн бұрын
Sage advice; pretty much what I heard from my accountant, immigrant father growing up in the midwest. Diversify diversify is fundamental principle. Passing this on to my son (hello there son). Prayerfully, he listens~
@to24555 күн бұрын
I’m 61 years old, on the verge of retirement. I’ve seen several “bubbles” in my lifetime. Every time, people talk about the lofty prices, but still continue to add new money to the high flying markets. It feels to me that the market momentum is starting to slow down. I’m heavy in T-Bills, CD’s, and Silver.. From here I’m watching valuations and have enough self control to wait for good opportunities. Buy low.. Sell high.. easier said than done.
@mrwilliamwonder5 күн бұрын
Had my money in T-bills last year and made 50K. Invested in BTC and stocks and made 350K this year.
@23skidoo785 күн бұрын
If you're 61, you've seen the market double.....then double again.....and again.....and again.....and again....since you've be 18.
@15Daniels6 күн бұрын
0:50 gotta Love catching the guy not stopping at the stop sign, beauty catch
@coding-with-cody6 күн бұрын
i never stop at stop signs in my neighborhood, waste of time
@lorihamlin36046 күн бұрын
@@coding-with-codyShould be roundabouts instead of stop signs every few hundred feet. Once you get used to them they’re great.
@coding-with-cody6 күн бұрын
@@lorihamlin3604 just replace all stop signs with yields... thats how i treat them anyway
@anonimity11746 күн бұрын
Good video as always. I am not going to spend $ for buying a house due to this inflation. Rather I am going to build my business while working full-time in USA government and invest my money to land property in other countries.
@Imaworried6 күн бұрын
Good luck working in government next year.
@anonimity11746 күн бұрын
@@Imaworried Good luck to you too...
@s996146 күн бұрын
The rent is too damn high!
@tobyk51496 күн бұрын
same trite comment every time
@brandonbollivar32836 күн бұрын
It’s true
@Wahinies6 күн бұрын
@@tobyk5149*true
@gratenate49326 күн бұрын
You'd love living in one of our HOMES! Starting at $800/mo. highest unit is $950. NOTHIN' included... LOL Good luck!
@williamnorried21936 күн бұрын
Glad you mentioned the Tulip bubble phenomenon. Read about it some time back and it really opened my eyes. I'm constantly seeing indicators that go against what is being broadcast. Things just don't add up even though we're being told everything is fine. I live in downtown Bellevue, WA and check attendance at all the restaurants while on my nightly walk. Some are mostly full while several are absolutely empty. Lots of business turnover. Will be watching if it improves after Amazon returns to office. The real estate prices in this area are holding or going up. The big thing is teardowns and new structures. Talked to one guy and he said that a company delivered an entire package completely signed with an offer for his house. All he had to do was sign and move out. Look me up if you are headed this way.
@uweporth93376 күн бұрын
dont forget about the beenie baby bubble.
@brett49325 күн бұрын
Comparing tulips and toys to something as necessary to basic human life as real estate is a special kind of ignorance. Those two “asset” bubbles were pure examples of very small scale human psychology. Not examples of universal basic human necessities that will quite literally always be in demand. There are certainly areas where real estate is “overpriced” or examples of sellers listing their properties for absurd amounts that are unlikely to sell. But the reality is below a certain price level there will always be demand from buyers. Even in soft markets. Comparing real estate to beanie babies is just….an example of how comically uninformed your opinion is.
@uweporth93375 күн бұрын
@@brett4932 why do you liberals find it necessary to insult people. You all think you are so self important.
@LaurenceHuntKenora_Ontario6 күн бұрын
Another note, I stayed in San Mateo for a few days in 2022. I really enjoyed your Marin County videos this year! Very nostalgic..... (Also lived in Florida '67-70; it's changed a lot!)
@justman777texas26 күн бұрын
It's funny to me how people list their house for 2+ months, don't get looks, don't get offers, and they still hold out on their asking price. I have to laugh when they offer some super dumb "price drop" of like $50 or $5000, thinking people are going to see that and say "oh, that's MUCH better! Let's submit an offer!". Nah....drop like $10-20K every two weeks, and someone may eventually bite.
@Advermvp6 күн бұрын
Yeah, this was my buddy. Decided to rent his house. Found a renter in a week and it's cash flowing $600 a month compared to his 2021 mortgage. 😂
@Nick3618W6 күн бұрын
@@AdvermvpThis is probably the culprit of inventory being short in many areas. Everyone with a 2% mortgage rate became an amateur landlord… except I couldn’t do that because my HOA was bleeding me dry. Still sold and made off well.
@5dc616 күн бұрын
Haters 😂
@kennethyoung20775 күн бұрын
I took my house off the market, not dropping the price the real estate said they could sell it for. It can sit empty, it’s just a summer house anyways.
@justman777texas25 күн бұрын
@@kennethyoung2077 That's the point I was making. People who don't want to drop their asking price don't really want to sell their house anyway. In your case, it's nice that you're financially able to pull it off the market and wait a bit.
@tizzx49456 күн бұрын
Don't try to fix something when it's already falling appart! Same thing with our economy!
@1968CudaGuy5 күн бұрын
Really surprised you referenced the Tulip futures crash in the 1600's in Holland.. It's one of the greatest examples of the "Greater Fool" theory in history.
@SO4JTV6 күн бұрын
Excellent - well said @MichaelBordenaro .. you most likely saved quite a few people here from buying at the wrong time. Also- say a big Hello to smiling styling Lisi ! 😊
@CarolTurner-e1o6 күн бұрын
Such a creative genius, no joke!
@toddshepard35926 күн бұрын
The Silver market is being artificially suppressed: 141,580 open Shorts. Each Contract equals 5,000 oz of Silver. 707.9 million oz ! Almost the total Global Silver output being shorted !
@MrkBO85 күн бұрын
Again. There is nothing new in this. It wont burst until a manufacturer somewhere demands delivery.
@D52M55 күн бұрын
Agree 100%, but don’t see them allowing silver to run to its true value anytime soon.
@greghoel51665 күн бұрын
Russia will be working on this, tightening the screws slowly, so to speak to expose this... Why they are going to make silver one of their major purchases in the near future... Not enough to collapse us, but enough to drive demand, increase prices, and put the shorters on the hot seat....
@greghoel51665 күн бұрын
Russia will fix this issue sooner rather than later....
@waltertodd44794 күн бұрын
More silver sales hype. Here we go again.
@geishasha6 күн бұрын
Best place for financial advice on the internet
@YadraVoat6 күн бұрын
Except that "advice" tends to mean "guaranteed result" or something, legally, in many jurisdictions. In common parlance people mean "good options on what to do" when they say "advice" though.
@5dc616 күн бұрын
WOW….no wonder.
@brett49325 күн бұрын
Bruh - if you believe that you need to get some serious professional help
@JohnnysWorld7775 күн бұрын
There are many factors that move the price of gold and silver because gold and silver have many use cases. There is one, and only one, factor, that moves the price of Bitcoin...more people buying it than selling it.
@tonyvaninetti34295 күн бұрын
Home prices here in northern rural CA east of the capitol are going down, it is a trend.
@jimb.9425 күн бұрын
You know the economy sucks when you see so many people either picking for deals in thrift stores, taking walks or spending the weekend at the library! It’s here folks and easy to see.
@socal2498Gaming6 күн бұрын
The recession that hit me personally was 1987 lost $60,000 on paper, in 2008 my house in San Diego dropped over $500,000 and stayed stagnant for six years, Other than that I've tried to stay recession proof. I do realize there's a good chance my house may drop in 2026 $500,000 again.
@disguysn6 күн бұрын
My house isn't even worth 500k...
@brando72665 күн бұрын
Both 1987 and 2008 had Republicans in charge, expect another recession next yr,
@timothygibney1595 күн бұрын
It won’t. Powell will drop rates to prevent deflation and investors will jump back in
@brando72665 күн бұрын
@timothygibney159 let's see, , the biggest recessions happen with Republicans in charge,
@timothygibney1595 күн бұрын
@@brando7266 The difference is the act in 2009 for the bailout are still present. The fed buys houses now and trades in tangible assets outside of interest rates to set prices. They fear deflation more than inflation so it won’t ever crash. Bailouts and money printing will save the day. Bitcoin is the only safe space
@Vanessabeachdreamer20256 күн бұрын
MB, u, sir r spot on! U know and understand so much at a young age (now that’s the way to protect oneself--‘Knowledge’).
@marvingarden45876 күн бұрын
I'm not looking to invest, I'm looking for a home.
@howtomoderate6 күн бұрын
Which is an investment
@recyclingrevolution49056 күн бұрын
@@howtomoderateno, it’s place where your family is going to live. Has nothing to do with investment, because in case of re-selling, you will probably lose value. Through interest, insurance, escrow and taxes, you pay that house three times.
@howtomoderate6 күн бұрын
@@recyclingrevolution4905 a place where you bring up your family is an investment. In all factors considering buying a home is an investment. You might not care about profits made but that doesn't matter when residential homes value almost always have a direct correlation with the school district in the area. Which is another form of it being an investment. And the reality is the same people like yourself saying oh it's ok I'll buy this cheap house to raise my family, are the same people price gouging today as they sell to the new family starters thinking the same thing are you thinking now.
@hvaball1506 күн бұрын
160 oz of gold buys a new home. What are you waiting for?
@thestig0075 күн бұрын
@@recyclingrevolution4905 Rent is a total loss. At least with a house you have something to sell if you want or need to sell.
@thesecondhalve6 күн бұрын
Bitcoin isn't a bubble. The dollar is losing value like crazy. That's what no one talks about.
@alanheadrick79976 күн бұрын
The Korean won is also very high, So either the Won is cashing faster than the dollar or the dollar is going up, er something like that.
@waynethorpe13416 күн бұрын
Exactly n
@waltertodd44794 күн бұрын
Bitcoin is just a imaginary asset.
@adventurebabyboomer7318Күн бұрын
The fiscal and montary policies are not aligned. That is the big issue right now.
@joebragg75396 күн бұрын
Another excellent and factual post,,,thank you for the honesty
@janellblair99246 күн бұрын
I love listening to you. I learn so much from your videos 😌
@jonathanbaum68676 күн бұрын
This is your best video. Great job Michael
@MichaelBordenaro5 күн бұрын
Glad you think so!
@fmango2 күн бұрын
So, rents so high that people can't afford them, means less houses will be rented, meaning some land owners won't be able to cover mortgage because they can't rent, or won't be able to make profit on the rent... Because they bought to rent instead of owning the property outright... The they try to sell and figure their prices are to high so they sell to a loss or don't sell... Market correction
@kenlang21546 күн бұрын
Another good one Michael 🎉
@bjharp55Күн бұрын
Not every body understands investments and all. I don't trust buying gold, too many scams out their.
@geemee19956 күн бұрын
"Double trouble, Boil and Bubble, Dollar burn, and Market bubble..."
@AUTISTICLYCAN5 күн бұрын
For the first time in a long time I agree with you almost completely about the bubbles. how they form and why and how they POP!
@luhoffma88366 күн бұрын
Happy Thanksgiving Michael
@kurtweber73613 күн бұрын
Good analysis! Everything can be in a bubble. But money, shares and bitcoins can go to zero value. In a house you can at least live in if there are no substantial homeloans. Gold you can store at home. A certain amount of money can give you the possibility to purchase opportunities after a crash. Property and gold will regain the value even after a setback....
@sleeplessinflorida6 күн бұрын
Lean...observe. .. and be patient
@fredk99995 күн бұрын
Thank you to our host for this walk around outdoor tour. Good, timely topic and well researched and presented. Cannot imagine the Bay-area bubble not bursting and soon with great numbers of tech layoffs and huge office-space vacancies
@arttu48316 күн бұрын
Im 30 years old low salary janitor automatically investing 400 € per month on USA mutual fund. Also keeping nice chunk of cash ready for next crash/black swan and little bit of gold if things get really messed up. :-) God bless you.
@markquitoshammeritos6 күн бұрын
You sound like the smartest one here. It doesn't matter how much you earn but how much you are investing that is the most important factor.
@goodtimes95015 күн бұрын
God bless you investing! Invest ALL
@arttu48315 күн бұрын
@@markquitoshammeritos Thank you. I Appreciate that
@kevinvaughndrives32195 күн бұрын
"just like lying, stealing and crying......" haha love it, realist shit you ever said.
@mikesci916 күн бұрын
Be greedy when others are fearful, fearful when others are greedy. This is 10000% a greed bubble and you should be (more) fearful
@shanerogers93865 күн бұрын
@@mikesci91 I don’t think the fear has started yet
@mikesci915 күн бұрын
@shanerogers9386 not for the masses, no. For me? Yes 😅
@-cMc-3 күн бұрын
It’s great to know these differences and when to know what’s happening in a bubble
6 күн бұрын
THIS GUY IS SO WISE FOR HIS YEARS.......WE NEED TO LISTEN TO HIM. HAS EVERYONE'S BEST INTEREST.
@jamesmcgrath74576 күн бұрын
I have subscribed to this channel for about a year now. Michael is very good. That said. He clearly doesn’t fully understand Bitcoin. I only recommend that people do their own research. His statements regarding bitcoin are misleading at best. I’ve been investing in bitcoin for years and have done very well. I can say that it’s NOT for people who want to get rich quick.
@Doug-g8i6 күн бұрын
“Bitcoin is perfect capital”. Michael Saylor
@turnne3 күн бұрын
I always find it interesting how people get so caught up in the next best things thats going to make them money...Houses uses to not be investment vehicles and then in the last 10-15 years people were flipping houses like crazy
@RobbieNixon-d1wКүн бұрын
So how exactly can we guard against the coming financial reset Like what are really the best strategies to make our portfolio recession proof against the incoming financial reset? I'm very worried about my $110k stock portfolio.
@JefferyDunsКүн бұрын
Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions.
@Ji-Min-j7bКүн бұрын
Exactly why i enjoy market decisions being guided by a pro , seeing that their entire skillset is built around going long and short at the same time both employing risk management and market experience , been using a portfolio-coach for over 2years+ and I've netted over $1million in that time frame.
@PatrickLloyd-Күн бұрын
@@Ji-Min-j7b This sounds incredible. Could you recommend who you work with so I can check them out?
@Ji-Min-j7bКүн бұрын
Sophie Lynn Carrabus is the advisr 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.
@PatrickLloyd-Күн бұрын
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.
@jimkutsko62724 күн бұрын
The key to spotting a bubble is leverage. How much leverage is on the asset? That is what turbocharges and hockeysticks the returns. People are leveraged to the hilt because the asset can only go higher but then one day it doesn't and all those leveraged positions go negative and they HAVE to liquidate assets to remain solvent, but there aren't any buyers and the price crashes.
@amyhudson10166 күн бұрын
House price expectations of sellers are so unrealistic. These sellers are delusional
@hvaball1506 күн бұрын
Shop in your price range Amy
@elpop155 күн бұрын
Some 2.8M house are going for 2.1 now and they don't sell. They are unrealistic
@FresyGiadans5 күн бұрын
I hit $113k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject.
@994pt46 күн бұрын
Everyone I know is spending and traveling like crazy!!! 😃🤘
@tobyk51496 күн бұрын
ok great. Your point is ?
@elpop155 күн бұрын
-77% are living paycheck to paycheck - 73% doesn't have the 1000$ emergency funds . America are going bankrupt / broke and woke .
@taffyalusa46425 күн бұрын
Agree, stopped by hobby lobby Friday for a placemat. It was packed, carts full of crap lined up at register. Not a wealthy area.
@solomongrundy14675 күн бұрын
Credit cards.
@elviscobb59225 күн бұрын
They are self absorbed and ignorant to what is going on in the country and world today.
@LaurenceHuntKenora_Ontario6 күн бұрын
Michael, on gold.... I've been in the sector for 21 years. Just one contrast. Since the 2008-09 lows, the S&P 500 is up from 667 to (recently) 6017. Divide the increase by the starting price (5350/667); that's an 802% gain (around 2000% up in the NASDAQ, from about 1000 to 21,000). Gold (continuous contract) is up from $681 to $2802 recently. It seems like a lot, but divide $2121/681, you get an increase of 311%, then think about inflation since that time.... Another factor is that Americans don't talk about, follow, or invest in gold (as they did in 1976-80). Gold may well end in a bubble, but we're nowhere close to that yet.....
@benjamindavidson222 күн бұрын
It's sad how difficult things have become in the present generation. I was wondering how to utilise some money I had. I used some of it for e-commerce business, but that sank. I'm thinking of how to use what's left to invest, but I don't really know which way to go.
@scottarmstrong112 күн бұрын
It's a good idea to seek advice at the moment, unless you're an expert yourself. As someone who runs a service business and sells products on eBay, I can tell you that the economy is struggling and many people are struggling financially.
@Johnlarry122 күн бұрын
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, 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 out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.
@carolpaige22 күн бұрын
How can I reach this advisers of yours? because I'm seeking for a more effective investment approach on my savings?
@Johnlarry122 күн бұрын
My CFA Carol Vivian Constable, 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.
@carolpaige22 күн бұрын
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
@PhoticSneezeOne4 күн бұрын
The root problem is that the vast majority of people don´t bother to educate themselves about human behaviour, psychology, market mechanisms (or the lack thereof) and structures of power. This is also something that was here long before us and will stay long after we´re gone.
@Felale5 күн бұрын
Jim Cramer has said Bitcoin is a winner buy so I think Bitcoin’s rally days are limited at this point.
@bobbya515 күн бұрын
JIm Cramer . The undisputed king of catastrophic market calls . And it " free " advice to boot !
@darrenhankner52826 күн бұрын
high price millionaire houses in swampland. Florida use to be a swamp before they started building on it. why do you think Florida has a huge problem with sink holes???
@NawlinstoVegas5 күн бұрын
Why is every video on KZbin doom and gloom? You tube makes me want to hide in the basement surrounded by non-perishable food and guns.
@Felale5 күн бұрын
You can always store dried meat in jars with animal fat and salt as a preservative
@Mark-pb8kj5 күн бұрын
I'm in my basement right now with non perishables and guns and water right now. Been here since Fauci said The Trump administration would be faced with a pandemic weeks before inauguration.
@robertadams15584 күн бұрын
Fear sells
@NawlinstoVegas4 күн бұрын
@@robertadams1558 Exactly, frigging Click bait. This guy is making a fortune.
@brianferstle63694 күн бұрын
Wow. Went all the way back to the Dutch tulip crisis. I’m impressed!
@henrythegreatamerican81366 күн бұрын
Looks like we got another connoisseur of fiscal fiascos!
@stevew18515 күн бұрын
Great Point. NIXON took the Dollar off the Gold Standard. But According to Nixon, it was Only supposed to be Temporary, and here we are, Fiat Currency, Still off of the Gold Standard. Government Says WHAT?