The Only Time You Lose Money In The Stock Market

[@ILLFortune]

I tried to explain this to a family member who lost $30k during 2008. I told him he wouldn't have lost anything if he wouldnt have sold.

[@Jesper-bl2ns]

Exactly. I owned four properties and my own dad tried making fun of me in 2008 when property values also dropped - and I said: I haven't lost anything - I'm not selling. In fact - I'm winning. Property taxes also goes down - so now I actually save money. When the property values goes up again, and they will, then I sell. It's all about not panicking. My initial "fortune" was earned by buying stocks in a european football club that almost crashed but I sensed it was too big to fail - so I bought all stocks I could afford. Two years later I sold them all with a 1200% profit and for the gains I bought two large properties. When people panic I make money.

[@StacyMcCabe]

@@Jesper-bl2nshey Jesper, do you have any tips on how to get into real estate in someones 20’s. I’m currently 16 and planning on becoming a mechanical engineer and I’d like to work my ass off to retire in my 30’s or 40’s.

[@Buck58]

absolutely right.

[@Jesper-bl2ns]

@@StacyMcCabe Be careful - yet you also have to take chances and never sign anything without a lawyer present. Best you can do is keep an eye on the ups & downs on properties - start with buying one and rent it out. Either to a family or better yet, to a business. Here is where the lawyer comes in - there are risks in both. My first was a 4 apartment house I had rebuilt to 10 smaller apartments I rented out to university students. They don't tend to disappear in the middle of the night - and you don't have to exploit them to have a nice profit. Don't overreach - be patient and then expand. Remember I was 26 before I had the money to begin after selling the stocks - and though it bought me my own house I had to borrow to begin property investments.

[@Rosemary-up1ql]

Let it ride! You'll get used to it

[@bookermyk]

Acquiring stocks could appear simple, but choosing the right stock without a tested plan can be very difficult. My main barrier to growing my $210K portfolio, which I've been working on for a while, is the absence of well-defined entry and exit plans. Any guidance on this would be highly valued.

[@CameronDonna-w7n]

Personally, I would say have a mentor. Not sure where you will get an experienced one, but if your knowledge of the market is limited, it seems like a good bet.

[@MilaCruz-d5r]

A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

[@ryannemdjen]

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?

[@MilaCruz-d5r]

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

[@simeonedavis439]

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

[@stwida91]

EXACTLY. I can't reiterate enough: People start freaking out when the market dips and their 401k drops. ITS NOT A LOSS UNTIL YOU PULL OUT IN A LOSS POSITION. Let the damn thing sit and wait it out as best as you can.

[@naomiemoore5725]

Most people are clueless, even well educated people.

[@alanoranday4448]

For some it’s impossible to separate the ‘emotional’ attachment to potential money loss rather than actual money loss!

[@lukazupie7220]

It is still a loss lol😀👍

[@alanoranday4448]

@@lukazupie7220 Not if the stock goes back up. It's ALL potential loss/gain, until you sell!

[@d33763]

Unrealized gains tax 😂😂😂

[@TannerHorvath]

I've held 3 Berkshire Hathaway Class A shares since the mid-90s at around $17,000 each. Now, I'm selling some to buy growth stocks. With market volatility, should I reinvest in gold instead?

[@CadeCowell-ft4fe]

Invest in ETFs and high-yield savings account or Just buy Gold and protect your assets, the stock market is a rollercoaster. consulting with an expert is mostly advised though.

[@MalikTillman-dy2qp]

Partnering with a financial advisor has transformed my approach to investing. Their expertise and personalized guidance have not only helped me navigate complex financial markets but also optimized my portfolio to achieve my long-term goals efficiently.

[@Altintope]

pls how can I reach this expert, I need someone to help me manage my portfolio

[@MalikTillman-dy2qp]

*Victoria Louisa Saylor* 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..

[@Oliviathe17th]

I’ve just looked up her full name on my browser and found her webpage, very much appreciate this

[@polarbear9404]

Buy quality companies when the market dips. Not easy to do but it works in the long run. WB doesn’t day trade.

[@CrapE_DM]

This is why it's dumb to tax earnings on stocks (as some are proposing) instead of just the capital gains

[@Churros1616]

In many European countries . There already are tax earnings on stocks

[@JimmyCoca1994]

​@@Churros1616 that sucks for them

[@Da_Benski]

​@@Churros1616 They tax Capital Gains, but I believe the OP was talking about the ridiculous proposal of taxing "Unrealized Gains".

[@christingle2004]

Why? Because in our current tax system the wealthy will just hold on to stocks forever because they have the ability to use their stocks to get liquid cash without selling.

[@cannix8055]

They want to tax on unrealized gains which is crazy talk to me. How it would ever be accurate is beyond me and it's just a other grab for our money by a government that has been spend crazy.

[@retirementpirate3665]

Stock market is like a roller coaster. You don't jump off in the middle of the ride.

[@vietnamvet4533]

Or best not even to take that ride, way better things to do with your money.

[@zakman9244]

Just wait until KAMALA HARRIS becomes President with her Unrealized Capital Gains Tax every year !!!

[@Wildman-zh8lg]

​@@vietnamvet4533Like my crack

[@davidmalka1693]

"You never count your money whilst you're sitting at the table." - Kenny Rogers

[@michielvorster53]

There’ll be time enough for countin’ when the dealing’s done

[@paulc3749]

😄

[@TheWizardGamez]

What a great song

[@deangelisdata]

You spelt Kenny Powers wrong

[@mumbles215]

Funny I alwys took that line as, you don’t want get shot/robbed/jealous losers, just pick it up and split. But yes, it applies here too. Don’t count it cause you’re still gambling. Haha

[@pinkyhilfet9574]

I need to keep this one on repeat. It’s so hard NOT to freak out when your stocks drop!!!!

[@worldnews4347]

Only when you invest millions. If you invest 100k snd it goes 70% down you lost money. You should cut lose on 7% and wait for better moment to invest

[@carleonking1852]

Only if you’re day trading fear is way more understanding. But for long term investments, there’s nothing to fear. Markets are gonna fluctuate, whether up or down. Such as life. It fluctuates. Acceptance could help with emotional intelligence when investing in stocks. Because without it, you can lose a lot of your hard earned money.

[@zakman9244]

No Worries until KAMALA HARRIS gets to be President with her Unrealized Capital Gains Tax every year !!!

[@robertkasak483]

History shows nothing is better than solid stocks over the long term. Just be careful what you buy and dividends are a great source of income.

[@helloitsmehb]

Just buy index funds

[@無名-l3b]

History shows that stocks always lose purchase power when quoted on betcoin

[@slicerdice4085]

I really needed to hear this Dave I’m 19 and just started investing I just graduated trade school a couple months ago and work a 7 days a week job, I have a Roth IRA and a 401k which I’ve been feeding money into thank you for your inspiration Dave, I’ve been watching since Covid hit and love your show!

[@CaterinaEva-o7h]

How is it now?

[@slicerdice4085]

@@CaterinaEva-o7h it’s going really good I’ve set up automatic investing and everything now it just feeds money into my Roth every week

[@slicerdice4085]

@@CaterinaEva-o7h going good, putting money into a mutual fund each week

[@dhammer6715]

Best to ignore it for 30 years. You’ll go mad following it. Just keep feeding the pig. The crooks on Wall Street will always win. Just bet on them.

[@chuckannd6034]

You're starting adulthood strong...trade school instead of college and already investing for retirement. 👏👏👏 Keep up the good work! Unsolicited advice: don't check your investments daily or even weekly cuz that can be an emotional roller-coaster which may tempt you to move your money around too often. Reevaluate your investments once or twice a year and make adjustments if needed.

[@Jason.2827]

ABSOLUTELY 💯 AGREE!!! IT'S ONLY ON PAPER!!! 10 MILLION DOLLARS 💸 IS LIKE 10 CENTS TO BUFFET!!!

[@adrianl6811]

Best quote "It's not about timing the market, it's about time in the market".

[@shadowslayer7574]

Didn't make any sense until I was in the market a few years now its crystal clear

[@Blackfeet]

@@shadowslayer7574 it's quite straight forward lol

[@SteepVisions]

Imagine dying before any gain because you bag held in the nikkei 225 (inflation adjusted). You're kidding yourself if you think stocks are anything but a ponzi scheme.

[@martinlutherkingjr.5582]

It depends on the market you’re in. This is dangerous advice in some markets.

[@Dividendflywheel]

@@martinlutherkingjr.5582 the time horizon for each investor can be divided into 35 or 40 years of accumulation (age 25 to 65), plus another 30 or so years in retirement. We are looking at 65 to 70 years. Historic performance of the stock market over any 60 year period shows an upward trajectory. If an investor does not have the emotional constitution for the up and down gyrations. They should stay out of the stock market.

[@judynewsom1902]

I’m considering rebalancing my $2M portfolios, So I'm curious about the best strategies to hedge my portfolio against market downturns and generate profits?

[@jose2212-]

I guess it's important to reassess your investment strategies based on current market conditions. You should also consider a market expert to guide you.

[@carolynrose1816]

Accurate asset allocation is crucial, and some people utilize hedging tactics or devote a portion of their portfolio to defensive assets in anticipation of market downturns. Expert advice is essential for attaining this. This strategy has helped me maintain financial security for the past five years, earning approximately $1.5 million in returns on assets.

[@sting_grayl]

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.

[@carolynrose1816]

Please can you leave the info of your lnvestment advsor here? I’m in dire need for one

[@CbrF4i600cc]

Same, I'm trying to balance my 5m portfolio

[@stevenporter863]

Like people talking about their equity on their home - equity is just on paper until you sell and have to spend it to live somewhere else.

[@15KHPCLUB]

The home equity is still part of your net worth. Dave uses it all the time when he chats about "everyday millionaires."

[@Answers721]

@@15KHPCLUB Home equity is assumed value. Not locked in value.

[@15KHPCLUB]

@@Answers721 Then Dave shouldn't be factoring it in.

[@stevenporter863]

@@15KHPCLUB Understand that. Just pointing out equity is paper, not liquid. Stock paper gains rightly so aren't included in net worth, so maybe equity on homes is included just because they don't change daily and accounting is easier.

[@jimmymcgill6778]

@@stevenporter863 Stock is included in your net worrth.

[@ShelleySorenson]

I know people who won't invest in the stock market. "It is too risky." I try to explain that you WILL lose money if you keep it in the bank, due to inflation.

[@bukki07]

Stocks will rally but I know better, macro shows the economy is yet to fully recover. I have been holding stocks to sell at a profit at this time but it is looking like a bull market the rest of 2023. I am in a fight to hold or to sell. I’m up to 297 grand from a low of 250 thousand last year.

[@PurvisTwiggs]

Stay in the market and sell only if you need those funds. I got laid off and it has been difficult getting another source of income, glad I was investing when I did and of course with guidance from a wealth manager don’t listen to naysayers. I am making bank and the penalties for drawing from 401k to reinvest are nothing compared to the amount of wealth I am now in possession of with my family.

[@PurvisTwiggs]

I have saved myself from all the hassle that the chaotic market causes. These days the best way to come into the market space is seeking guidance, due to side hustles i can’t handle my portfolio so i just work with Loren Lena Walker.

[@PurvisTwiggs]

a CFA i came across via a recommendation from one of these KZbin retirement coaches. It’s been smooth since then. Cliche as it may I have made a mark up of 70% in profits investing 350k under her. It helps not to be worried about your portfolio every minute of the day.

[@bukki07]

Purvis, Thanks for the share! copied and pasted full name on my browser, effortlessly found her site, very professional. I got some feedback hope to speak on the phone soon.

[@sleasy01]

This didn't age well

[@gregashcroft5822]

This is an oft cited example and, as is the case with many of these things, it is misunderstood. Compounding stipulates that any drop in value is a form of loss, a 50% decline in value requires a subsequent 100% return just to restore the original balance. For a more realistic context, that is 4 straight years of 20% returns. The NASDAQ hit 3940 in 1999 and didn't get back to this number until 2013. Some investors have time horizons so short they don't buy green bananas. If you don't have an infinite length of time over which compounding can resolve a sharp decline, you will likely have lost something

[@ryebread447]

Great point!!

[@dungeonmaster6292]

Thank you for this comment. The "$1000 becomes $100K" fantasy is just that, a fantasy

[@fredpapa4928]

Beneficial Interest certificate has no value and therefore cannot be taxed. The value is determined at sale.

[@EvaHoffmann153]

Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.

[@henryallard245]

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.

[@MarshalWagner457]

I agree. Based on personal experience working with an investment advisor, I currently have $1m in a well-diversified portfolio that has experienced exponential growth. It's not only about having money to invest in stocks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.

[@RowanBryson]

How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?.

[@MarshalWagner457]

I work with Rebecca Noblett Roberts who is a licensed fiduciary. Just look up the name. All the information you need to work with a letter to set up an appointment is included.

[@AshleySommerset808]

She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.

[@gonzalezfd]

If you are margin trading and can't meet your brokers balance requirements, you'll have to sell at a loss... Also, the big question is "WHEN will the portfolio recover," because the market will always out-live your portfolio.

[@countcampula]

Yes, but it can go down and never come up again like Germany, Argentina, Japan, Brazil, and other stock markets that just aren't ever going to recover. That WILL eventually be the US, but before that happens your company you're invested in could coklapse first.

[@helloitsmehb]

Another reason to invest in index funds

[@bonkke]

What do you mean? The German stock market is at an all time high atm 🤨

[@countcampula]

@@bonkke It never fully recovered from 1923 or 1929(or all the other horrible things we did to them after the 1940s lol) It's a fundamentally different market, extremely risk adverse and largely not worth investment. Likewise economic growth in Germany is extremely cautious too. It's not like the US where you can bet on an IPO or spac merger and become a millionaire 10 years later, or buy cheap highly leveraged zero day till expiration OTM call options and be a millionaire overnight 🤪

[@a120068020]

Agreed! I only invest what I can afford to leave in stocks and never sell a stock at a loss.

[@themusic6808]

Buffett also makes hundreds of millions annually in the dividends that Berkshire’s holdings pay…which is collected in green paper as Dave Ramsey would say. You’re less likely to sell a stock in an economic downturn if the shares you’re holding are paying you a massive dividend that you’re getting cash in hand.

[@small760]

I love it!! That's how you know a real investor versus a wanna be!!!

[@Casey-summer]

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?

[@mellon-wrigley3]

This is still a window-shopping market. But there are a lot of intriguing stocks to watch from a variety of sectors. You don’t have to act on every forecast, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.

[@lilyhershey1]

I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accrued over $2m with the help of my advisor from an initial $350k investment.

[@Gallo-firestone]

​@@lilyhershey1 Kudos on the effective execution of innovative ideas and tactics that lead to significant advancement. As I seek guidance from a trustworthy advisor, would you be willing to share details about the individual assisting you?

[@lilyhershey1]

Wright promptly do a web check where you can connect with her Gertrude Margaret Quinto and do your research with her full names mentioned..

[@Buffet-walton22]

My needs are kind of unique and complex. I'll contact her nonetheless, and I hope I'm able to make something out of it.

[@moosehockey0989]

Yeah i made a (so far) poor-looking investment early in on in which i lost about 75%, and i havent sold it because selling it closes the door that it could go up. Im glad it happened though because i learned that at this point theres not much more i can lose, which means theres really no point in selling it.

[@George-gq7vw]

Hey guys I'm looking to invest. But I don't know anything about the market, any help? As well who can I reach out to?

[@JazzTooker]

It is wise to seek professional assistance when looking to create a strong financial portfolio due to it's complexity

[@Cindykuss]

Making touch with financial advisors like Marie Showan who can assist you restructure your portfolio would be a very creative option.

[@JamesJDDrake]

I agree with you! With her help, I diversified my 25k portfolio among different markets during this bearish market period.

[@TroyKlokkert]

Almost gave up trading due to constant losses, but Marie turned it all around

[@Edmunds-go9lw]

Certainly!!! I diversified my $30,000 portfolio across different markets.

[@topcat2919]

100% Truth... I can't agree on all things out of this guy, but he is hitting the nail on the head putting this info out there

[@Stan-Elfrink]

Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. Hence what are the best stocks to buy now or put on a watchlist? I’ve been trying to grow my portfolio of $260K for sometime now, my major challenge is not knowing the best entry and exit strategies... I would greatly appreciate any suggestions.

[@Grace.milburn]

The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.

[@ThomasChai05]

I agree , I assumed I had a hang of the market at first, I gained $50k one year and I was super elated, not until I stumbled upon a portfolio-adviser whose been guiding me since the market's been sham after the pandemic, to my utmost surprise I netted a whooping $280K during this dip, that made it clear there's more to the market that we just don't know

[@mikegarvey17]

@@ThomasChai05 Is it possible to get in contact with someone like that?

[@ThomasChai05]

I am guided by *Mary Onita Wier* . I found her on a CNBC interview where she was featured and reached out to her. She has since provided entry and exit points on the securities I focus on. You can look her up online if you care for supervision.

[@JulietKellyy]

This recommendation literally came at the right time, I’m down by $7k in stocks this week alone.. its crazy! I just looked up Mary online and researched her accreditation. She seem very proficient, I wrote her detailing my Fin-market goals and scheduled a call.

[@isettech]

Ive been following this for about 5 years now. Bought oil transportation stocks during the pandemic. Bought a pipeline out of Houston when the price crashed. Now it is about 5 times what I paid for it. Due to the low cost, when the dividends came back, yield on cost is 41.55. During the tech bubble just before that, sold my tech stock at about double today's price. Made money on the tech stock, and collecting dividends on the oil stocks. Currently buying transportation stocks. On paper lost about 30% so I dollar cost averaged and bought a bunch more. When spot prices for transportation returns, it should have good gains and dividends.

[@damondiehl5637]

XOM has tripled since 2020.

[@isettech]

. @damondiehl5637 bought it for $5.42 per share in April 2020.. 5 times 5.42 is $27.10. With the return of the dividends now paying $2.30 annually, the payback each year is more than 40%.

[@Debbie.Burton]

I'm going through one of the hardest times of my life right now. lost a lot of money investing in start-up businesses. I'm honestly simply perplexed right now about how other folks in the same market are making over $200k in gains in a matter of months.

[@judynewsom1902]

Sure, a lot of people are making six-figure profits during this downturn, but most of those who effectively implement these tactics have extensive knowledge of the market.

[@RickWatson-xu6gw]

I agree, based on personal experience with an investment advisor, I currently have $985k in a diversified portfolio with exponential growth. It's not only about having money to invest in stocks, but you also need to be knowledgeable.

[@benitabussell5053]

Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?

[@RickWatson-xu6gw]

Alicia Estela Cabouli* Her honest approach gives me complete ownership and control over my position, and her rates are incredibly affordable given my ROI.

[@reachyouteachyou4649]

​@@judynewsom1902judy lets discuss this over dinner...

[@kabloosh699]

Green paper also isn't necessarily of anything of value until you trade it for something of value. It's a currency. You only collect enough of it so that you can use it to fund what is needed to keep you alive. So buy what you want, but don't go to the level where you will suffer later down the line because you can't afford the necessities anymore.

[@suen5006]

I keep telling people this. Stocks go up and down. You haven't gained or lost until you sell.

[@smugglemuffins]

If you gotta keep telling people you must be a financial advisor or something or all your friends are dumb as rocks😂

[@johncoe6304]

Gotta love Dave. Proud of our Nashville boy making good, and for his recent interview with the most popular man on the planet.

[@richmargin6082]

Thank you. People keep saying they made or lost money. NOT UNTIL YOU LOCK IN THE GAINS OR LOSS!! Most people cant even understand this concept and yet they try to make money in stocks. Thats why most people lose money

[@martinlutherkingjr.5582]

And what do you hold instead? The US dollar? A currency guranteed to be debased?

[@customsolutions7167]

Don't knock on stocks . All the wealthy people have them and they will always eventually give you gains.. Better than leaving it in a bank and losing value every year due to inflation.. especially in this administration...😂😂

[@richmargin6082]

@@customsolutions7167 I agree. Do what the rich does. Some stocks could fall and never recover so the easiest is to buy the indexes

[@mike_valueinv]

The value has the underlying business. The stocks are just daily quotes for the business depending on the speculative factors in the short term, but in the long term profits and cash flows determine the true value of the business.

[@nissan38p69]

How do I go about this.. Lately i got interested to invest in the financial market but have no idea, How does it work please.

[@Georgina705]

As a beginner, it's essential for you to have a mentor that is verified by finra and SEC to keep you accountable. I'm guided by a widely known crypto consultant Stacey Macken

[@domenez]

Wow, I'm supprised Stacey Macken is being mention here. I started off with 5K.... Now with massive portfolio highly recommended...

[@wells7147]

I'm proudly a beneficiary 💯 Thanks to my co-worker (John) who suggested Ms Stacey Macken..

[@benjaminocampo3359]

I met Stacey Macken at a conference in 2018 and we have been working together ever since.

[@aniniels-hw5iv]

Her reputation already speak for her $ 150K last Month.

[@georgereid2043]

Yes and you essentially borrow against that asset because debt is not taxable.

[@kylehkyle5747]

Can I apply this to crypto?

[@SchwarzeKatter]

The problem with Crypto, is that the price is really subjective to the hype, instead of something of value. Normally for a company’s stock to go up, it depends of the company’d performance. Another thing is that Bitcoin does not pay dividends to their investors.

[@carlosgarcia-jz3dq]

if you going to tax me for my gains, you need to give me a credit for my losses.

[@Wildboy789789]

YES

[@usafa1993]

And, as I'm sure you know, they do. Paper losses, also known as mark-to-market, are exceedingly real. A real investor would say, never let a loss go to waste. Tax harvest that loss.

[@Wildboy789789]

@usafa1993 if the government wasent trying to tax money we already paid tax on when we worked for it, people wouldent have to play tax games

[@Slanghomy]

They do. Selling at a loss reduces your taxable income, so you pay less taxes as a result.

[@nvsn08]

It’s called Tax Loss Harvesting

[@michellefitz4287]

This is the most helpful thing I’ve heard in a while. Thank you!

[@theshapeexists]

I was called crazy for buying Nvidia at $138 a share, because it went down after I bought it. I just sold some at $1,143 a share yesterday and made a LOT OF MONEY

[@JSalonsky]

When in 2019? 😂

[@KTONGAMES]

@@JSalonsky That was probably pre stock split so it makes sense as nvidia would be worth around 1200+ today if it weren't for the split

[@87RH]

My favorite stocks just went on sale! I bought a bunch of stuff during COVID and it all looks pretty now!

[@customsolutions7167]

I hate when people say that ... Until I sell it ... And it'll come back up ... Look how many companies go out of business.. that's not coming back up ....

[@elcheekoful]

Yes. But Dave doesn't do individual stocks. He sticks to things like the VOO/S&P 500

[@sean-keithwelsh326]

Warren Buffet understands how to do a Fundamental analysis of a business. He doesn't invest in businesses that will go bankrupt.

[@davidjohnson9189]

That’s why Mutual funds are important

[@Firstname_Surname]

​@@elcheekoful S&P 500 is the name of the index and VOO is an ETF following it, they're not 2 separate options unless you trade derivatives

[@elcheekoful]

@@Firstname_Surname oh ok. Yeah that's what I meant. I was trying to give VOO as a example.

[@joshmonus]

Same thing goes for fiat money like the USD. It does not have any true value until its traded for resources, property, etc.

[@GloriaMoore01]

I GOT RICH DOING THIS

[@GloriaMoore01]

Making money is action, saving money is behavior and growing money is knowledge. The basic step to acquiring wealth is figuring out your goals and plans, with the heIp of a financiaI pIanner you will gain rapid financiaI growth and enjoy the benefits of managing your finances.

[@GloriaMoore01]

Rapid growth in my finance was attained (gathered over 1M in 2years) through my financiaI pIanner. Got my 2nd house in May, life has been good ever since.

[@GloriaMoore01]

Whosoever tries this sureIy acquires wealth. Get to her Elizabeth Green Hunts

[@GloriaMoore01]

I am fortunate I made productive decisions that changed my finances (gathered over 1M in 2years) through my financiaI planner. Got my 2nd house in Feb, and hoping to retire nxt yr.

[@GloriaMoore01]

Get to her Elizabeth Green Hunts

[@bridgeth7961]

I told so many folks in 2008 they only had to worry if they had to sell. Then I told them they were saving money because their property tax went down.

[@xavariusquest4603]

The crash was fantastic. You could buy stocks for 20 cents on the dollar. Citigroup was selling for 1.50. P And G was selling for 1 dollar. Etc. It was a chance of a lifetime to buy.

[@Sewcrates]

Yeah, I thought that was where this was going. For those of use with time to spare, downturns are awesome. It's like a stock sale. 80% percent off!

[@UTBanjo]

Yep, I feel like I made out like a bandit. I bought a house right at the bottom of the trough, and was buying up stocks and mutual funds like crazy. The house I bought for $149K, and paid off in 5 years sold last year for $820K, because I was sick of dealing with 2 houses.

[@algoflush1430]

How long you hold the stock/fund determines its tax liability. If you hold over 1 year and sell, the tax is less and considered a long term capital gain/loss. Any stock/fund sold less than 1 year the tax liability is more and is considered a short term capital gain/loss. You can google search IRS capital gains/losses and its tax treatment.

[@kaitlyncranwick]

Concluding 2024 with a 20% decline in the S&P 500, long-term investors find a promising entry into 2024. Noteworthy ETFs include: $VOO for S&P 500, $VTI for total US market, $QQQ for tech growth, and $SCHD for growth with dividends. Calculating my annual dividends, I'm thankful for $167k-attributing it to discipline and focus.

[@TheresaAnderson-kf5xw]

In the past month, my "unexciting" index funds provided me with over $6,000 in dividends, giving me the option to spend without selling shares. Currently, I've opted to reinvest the dividends to acquire additional index funds for future growth.

[@maryHenokNft]

Seeking advice on dependable monthly investment options. My goal is to eventually enhance my work income with consistent monthly returns from investments, alongside my long-term investment strategy, for a supplementary monthly income.

[@maggysterling33254]

@@maryHenokNft Kudos on the effective execution of innovative ideas and tactics that lead to significant advancement. As I seek guidance from a trustworthy advisor, would you be willing to share details about the individual assisting you?

[@maryHenokNft]

The decision on when to pick an Adviser is a very personal one. I take guidance from *Gertrude Margaret Quinto* to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.

[@BiancaSherly-qt6sb]

I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.

[@SongdetKhodr]

Appreciate the detailed breakdown! Just a quick off-topic question: I have a SafePal wallet with USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). What's the best way to send them to Binance?

[@icewa-fg]

I don't even know where the stock market is headed to right now. my portfolio of around 200k is not increasing more than 5% and people are predicting a crash.

[@ItsaJourney4007]

i'd advise you redistribute assets in your portfolio with the help of a pro so you don't get burnt in the market.

[@MiddleclassAmerican-7220]

Accurate asset allocation is crucial, I used hedging strategies to allocate part of my 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.

[@user-uyt654fg]

pls how can I reach this expert, I need someone to help me manage my portfolio.

[@MiddleclassAmerican-7220]

I'm cautious about giving specific recommendations since this is an online forum and everyone situation is unique, but I've worked with "Melissa Elise Robinson" for years and highly recommend her. Look her up to see if she meets your criteria.

[@lawlessamerican76tr6]

Thanks for the info. I searched for her full name and found her website right away. I reviewed her credentials and did my research before reaching out to her.

[@hiufgterde]

It depends if you incorporated it and you have loans against those investments. You need to be able to cover your losses, even on paper. But yeah if you just invest some of your own money, sure he’s right

[@nicoleg345]

*Great video! i really have a question For someone with less than $10,000 to invest, how would you recommend we enter the crypto market? I am at studying some traders and copying their strategy rather than investing myself and losing money emotionally what's your take on this approach?*

[@AngelaBrooklyn]

*This is not the first time i am hearing from this woman and her exploit trading world but i have no idea on how to reach her*

[@AngelaBrooklyn]

*I'm a beginner how can i reach out Maria Hamilton?*

[@ulrichlchegounbalogoun12]

*i watched her on fox she was amazing....i am definitely writing her now, i cant miss out on this opportunity*

[@skylinec83]

Eh, there are ways around this “sell in order for it to count” concept. You can get loans and lines of credit off portfolio value without selling. A more everyday example is home values. You can definitely capitalize off home value increases/equity in the form of home equity loans or HELOCs. That’s a big reason why we got into the 2007/8 housing crisis. I get Warren’s sentiment with his perspective, and in general it’s true, but there are definitely ways around the sell-point being the finish line.

[@NicholasBall130]

Transfer of wealth usually occur during market crash, so the more stocks drop, the more I buy, in the 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.

[@StacieBMui]

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 or you could hire a financial expert.

[@cowell621]

Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2020, and I return at least $30k ROI, and this does not include capital gain.

[@JerryOrion]

Would you mind telling me how to contact this specific coach using their service? You seem to have the solution, as opposed to the rest of us.

[@cowell621]

Sonya lee Mitchell 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.

[@crystalcassandra5597]

I looked her up, and I have sent her an email. I hope she gets back to me soon. Thank you

[@mikemecklenborg5412]

I told my wife this in 2008 when she wanted to sell our stock and pay off the house. I told her its not a loss until be sell it. We had a stock vaule loss of $80,000. But we hung on and years later we gained it all back and gained an extra $40,000. We then took the extra gain from our Roth IRA at 59 and 1/2 years of age and paid off the house. We are now debt free with no loss. She was glad she listened too me.

[@paulmurphy8993]

That's true. For instance I'm still holding my Enron stock.

[@MustafaCemile]

🎱 Yes, those reload bonuses can be a lifesaver, especially when you hit a rough patch. Helps to keep playing without breaking the bank

[@sn4rl277]

Had a very smart Business teacher in Highschool that always talked about stocks and trading. One of the keys saying he would always say was "It's al on paper" meaning the price goes up and goes down till you sell, its all on paper.

[@Asian_Connection]

The answer is when I listen to you!

[@sandman6353]

so i haven't lost 50k in ftx, good to know

[@abethegamerful]

apparently ftx is supposed to come back so who knows

[@customsolutions7167]

Yeah not lost until you sell .. 😂😂😂

[@offroadvehiclelover]

Took a massive loss when WKS went fro. 29 a share to instantly 18.00 a share, few months got out @ 9.80, glad i did almost a penny stock now 😂😂

[@bairfreedom]

No, you were forced out.

[@rafaelcardenas515]

It is true, people playing with stocks keeps failing on this one. You don’t gain or lose until you sell, that’s it. Don’t get the up and down value gets its way under your skin.

[@inachoc1889]

Or until that stock doesn't exist anymore 🥴

[@Commercial_Investments]

MMTLP rn

[@Sumtrip799]

We need people like you on the Fear and greed side 🎉

[@don2deliver]

I sold off 2 that I can't buy back because they went down so far. Made a little money on one, lost a lot on the other compared to my investments.

[@kibzzinho2240]

Most of us aren't good investors...we don't care much about the underlying assets we just buy as stocks go up and down. As long as an algorithm can do the thinking for me, I don't have to. It's insane how many large investors fail to do due diligence these days It used to be that if an investor gets caught with a stock that drops to zero was that the c-suite was committing fraud. Now it's either we don't care or everyone's committing fraud

[@jjthor407]

Absolutely correct . I started out as a panic seller and saw some stocks I sold double in value . With experience I learned the market giveth and the market taketh , you have to learn to stay the course , if you're satisfied with your WELL RESEARCHED PORTFOLIO !

[@EricDaMAJ]

In 2008 my portfolio's worth went down by half. But by 2012 I had it all back. By 2016 it doubled again.

[@dungeonmaster6292]

Then you took another haircut in 2020 and will likely take another one shortly. Your "$1000 becomes $100k" fantasy is busted

[@EricDaMAJ]

@@dungeonmaster6292 IDK what kind of crack you're smoking to think I said I turned $1000 into $100k. I didn't say that. I am rich though. But I don't think it's worth convincing some internet idiot who already can't tell fantasy from reality. Stop using "Wisdom" as your dump stat.

[@SkyThoughtss]

@@dungeonmaster6292 You seem like youre a little jaded. Just because you lack control over everything doesnt mean it is busted. Gotta remember this isnt D&D where youre the dungeon master with all the control.

[@bluehipstahnelms3684]

I'm glad what I've been telling people for years is aligned with Mr. Buffet's reasoning.

[@georgemendez6760]

What if the stock goes to 0?

[@payamrezvan2573]

Individual stocks may go to Zero but diversified indices (e.g., SP500) don't. If they do, it is the end of the world as we know it! For example, SP500 = 0 means all the largest American companies in all sectors have collapsed.

[@maestrooscuro5299]

Don’t buy a stock without a track record haha

[@quicksand8869]

then it's a penny stock. then OTC

[@THEKillerRyan96]

If the company goes bankrupt you lost it all of course. If the company is still somehow in business with a stock at $0 then it’s still not a loss unless it’s locked in.

[@amgooder]

It'll come back up😂🤣yeah right...

[@LindseyVonn11]

I suggest you offset your precious metals and get into digital stocks, Downturns as bad as it can be, provides good buying opportunities in the markets and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!

[@StephanieWilliam-ex6yt]

To the newbies I would say have a mentor. Not sure where you will get an experience one, but if your knowledge of the market is limited, it seems like a good bet.

[@Portalfield11]

i'm a big fan of Lindsey, I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your advisor?

[@LindseyVonn11]

@@Portalfield11 Celia Kathleen Martel is the licensed advisor I use. Just search the name. You’d find necessary details on the web to set up an appointment.

[@Portalfield11]

@@LindseyVonn11 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.

[@watchmedo4276]

Have a friend that has money in stocks and I said the same thing… Until you sell it isn’t your money it’s just numbers

[@JM-xp8te]

Most people are not warren buffett. Some investments don't ever come back. Look at Freddie Mae and Freddie Mac stocks. They were like $100 a share before 2008. Cut your losses and get the tax write off.

[@janiceelrod9544]

Haven’t thought of it like this before

[@shadowslayer7574]

I did thisi was down 93 percent at some point it is slowly all coming back

[@TRADERJOSH]

This is the only way you can think of things in the market we invest in….

[@amgooder]

Yeah he lost 10M...

[@harperlee6383]

Dont start thinking of it like that. Whether you realise the gain or loss, they are still gains or losses.

[@darkmatter16]

It’s true with blue chips and good indexes. Plenty of trash like PTON or ARKK you will probably be long dead before you ever recover the money if you bought near the tops. Higher chance of it being delisted than recovering that money. Also doesn’t work with options

[@jasonsong86]

That's what I tell people about houses. You are not making money on the house until you sell it. Until then, it's meaningless.

[@stevenporter863]

You are right but it gets even deeper than that. A house you live in is costing you money each month. Sunken costs that will not be recovered or only a fraction when you sell (maintenance and repairs, furnishings, lawn care or lawn tools, renovations, mortgage interest, etc). Because the numbers are so big most people do not account for these costs, which can be tens of thousands or more over the time period. Return may be a fraction (if anything) compared to what just buying and selling price would lead most people to believe.

[@Dividendflywheel]

This is one of the most important mental framework’s needed to become a savvy investor, longterm investor. Another way Warren Buffett explained it was if Coca-Cola stock price drops 10% or 15%, does it mean Coca-Cola has lost 10% or 15% of it’s customers? The market (stock market) is made up of people who act based on fear and greed. Emotions cause the stock market to price securities (stocks) irrationally. Once I understood this, I started looking for market crashes, like my wife looks for “after Christmas sales” 😂. My job is to convert as much of my income into assets while I am working. If irrational investor cause the stock market to “go on sale”, they are helping me buy more. Just as my wife buys more with the same dollars after Valentine’s, after back to school, after Christmas etc.

[@customsolutions7167]

Replace coke with bud.... And see how that works 😂😂😂

[@Dividendflywheel]

@@customsolutions7167 Nice joke 😂. That’s another reason to stay diversified. • If you own 100 stocks and each represented 1% of your portfolio. One stock going to zero is easily replaced by the performance of the 99 other stocks. With the S&P 500 (the ratio is one stock among 500). Stay Hungry Stay Invested.

[@JAutomated]

Often times, a dip is a buying opportunity, not a time to take a loss.

[@PalesteinVictims]

A dip is always the time to buy, the only time.

[@a.williams1945]

Buy low, sell high

[@tracyhasty6506]

Exactly! I might say it's up or down, but never I made it or lost it until I sell it and seal the gain or loss... It's hard for some people to understand. It's hard to watch it go down and not sell, because you are afraid of it losing even more value.

[@Patrick-jx1yo]

Anyone who doesn’t know this has no business being in the stock market.

[@martinlutherkingjr.5582]

What are they supposed to do to preserve their purchasing power than? Why exclude them?

[@mademax1]

This is so brilliant, even short term investors should invest or include long term investing strategies

[@rgw73]

Sucks when a company goes away. Then it is lost. Diversify!

[@yendothegamer9880]

Do you think Apple tesla and big phone companies are going away?

[@a.williams1945]

​@@yendothegamer9880No company will last forever.

[@brendaleverick3655]

I love Dave's financial teaching. 🥰

[@PalesteinVictims]

ALWAYS use a cash account.

[@letsgobrandon8271]

My dad taught me all that decades ago. Good advice. My father explained it almost the same way.

[@RonSwanson-no1nf]

Just bought a nice chunk of Wurmp Inu. Can't wait launch. Expecting minimum 50x

[@jonny777bike]

Warren Buffet loves dividends. When you get dividends then you definitely make money.

[@lendifilippi5991]

Yes and the problem right now is the tax treatment of paper losses on reported financial statements which deceives investors even more

[@Josh-Jones]

Mark to market accounting has entered the chat 😅

[@usafa1993]

Josh Jones! This guy understands. Everyone Alice is a babe in the woods. Mark-to-market will crush you.

[@anandhapadmanabanm2980]

Thats only if you're a investor. Investing based on fundamentals

[@PInk77W1]

“U can always tell who’s skinny dipping when the tide goes out” Warren

[@chrismorris9882]

That’s a very nice and fairytale way to see it isn’t it

[@saavyz]

😂

[@yangtroy1]

32:05 hearing ramsey say cray cray wasnt somethin i knew i needed

[@kathleenking-77]

The erosion of my financial reserves due to inflation adds to my concerns. At this point, I'm still at a crossroad regarding whether or not to liquidate my $138k stock portfolio. What’s the best way to take advantage of this current market?

[@MatthiasBauernfiend]

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

[@JoannaAdler-7]

@@MatthiasBauernfiend Please, could you recommend the FA you work with? I could really use some help right now.

[@AngelaDevils]

Yes, best advice in today's generation

[@jamisonmunn9215]

Tell that to Japan who's stock market peaked in the 1980s. Any Japanese person wishes they would have sold near the peak. Unless your stocks goto zero they can go to zero.

[@customsolutions7167]

Yep .. don't think it can never happen the USA.. It can and probably will, Just hopefully not in my or your lifetime.... 😂

[@MidnightNok]

It's leverage for collateral, it might as well be liquid

[@sgregoryg]

But, will banks use it when considering a loan... Yes they will. That's why it means something.

[@YT_Watchers]

Like Buffett, I too love dividends! I am PUMPING 60% of my income into dividend ETFs… I don’t have any plans to sell in the next couple of decades - I am living off of the compounding interest and growing YoC

[@travisalexphoto]

This is correct mentality. I get so many people who tell me to sell stocks because they're going down in value, because they think I've lost money. Everything has an opportunity to go back up, and may take a while, but there's always a chance. That's the gamble you take when playing the stock market. But as long as you don't sell, you haven't lost anything yet.

[@alansach8437]

This is true. But in a way I disagree. Even when it comes back you won't have what you would have had if the market hadn't crashed. Also, it's different when you have tons of other money and investments (like Buffet, who really can "leave money in a stock forever"), than if you are retiring in a few years and will be relying on your 401k. It COULD be the difference between living the life you planned or having to spend the formitive (healthy) years of your retirement struggling to get by. The money will come back, but it might come back just in time for your kids to spend it.