Mortgage rates skyrocketing back up to 7% is a tough one for real estate investors especially. Expect more forced selling to happen later in 2024 and into 2025. Track the data for your ZIP Code on Reventure App: www.reventure.app
Fortunately, my spouse and I were able to pay off our mortgage early. While we were both still employed, we took the money we had been using to accelerate our mortgage repayment and invested it immediately. Thanks to nearly 7 years of saving what would have been our mortgage payment and to maxing out our 401K/403B plans, we were able to retire early. Fortunately, both of our parents instilled in us the need of living within our means.
Thank you for your advice. I know it will help people. we are interested in investments that could set me up for retirement , I mean I've heard of people that netted hundreds of thousands during these crash, I listened to someone on a podcast who earned over $650K in less than a year, what's the strategy behind such returns?
Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.
Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
From $10k to $25k that's the minimum range of profit return every week i think it's not a bad one for me, now i have enough to pay bills and take care of my family.
I’m closing in on my retirement and I’d like to move from Minnesota to a warmer climate, but the prices on homes are stupidly ridiculous and Mortgage prices has been skyrocketing on a roll(currently over 7%) do I just invest my spare cash into stock and wait for a housing crash or should I go ahead to buy a home anyways?
If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.
Considering the present situation, diversifying by shifting investments from real estate to financial markets or gold is recommended, despite potential future home price drops. Given prevailing mortgage rates and economic uncertainty, this move is prudent, particularly due to stricter mortgage regulations. Seeking advice from a knowledgeable independent financial advisor is advisable for those seeking guidance.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
Can you provide instructions on how to contact your advisor? I'm experiencing erosion of my funds due to inflation and looking for a more profitable investment strategy to make better use of them.
‘’Marisa Michelle Litwinsky’’ is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I’m in Florida and the housing market here over the last 7-8 years is unlike anything I’ve ever seen. Homes that were bought for $130K in 2015 are now being sold for $590k. I’m talking about tiny, disgusting, poorly built 950 square foot shit boxes in quiet mediocre neighborhoods. Then you’ve got Better, average sized homes in nicer neighborhoods that were $300K+ 10 years ago selling for $750k+ now. Wild times.
Yup. And it's leading to demand destruction as new home sales plunge to 1995 levels, a time when house prices were still flatlining from the early 90s recession. So house prices and supply are spiking at the same time right now. Make of that what you will.
I’m a new dad in Santa Clara, relocated from Tampa a few years ago and i am considering buying a single-family home despite soaring prices. I'm weighing options: wait for a housing market correction or invest in the equity market instead.
well you could put a downpayment on a home and as well diversify as much as you can into AI, energy and big pharm. stocks like Pfizer and JnJ, ASML, MLM and S&P 500 ETFs.
IMO it’s difficult to set down specific predictions for the housing market is because it’s not yet clear how quickly or how much the Federal Reserve can bring down inflation and borrowing costs without tanking buyer demand for everything from homes to cars.
The professionals presently control the market since they not only have the essential business strategy but also have access to inside information that the general public is not aware of.
A lot of folks have been going on about the bull rally and said stocks that would be experiencing significant growth, any idea which stocks this may be? I just sold my home in the BAY county area and I’m looking to remunerate a lump sum into the stock market before stocks rebound, is this a good time to buy or no?
It's gotten especially difficult since the pandemic, hence why I decided to use the expertise of an advisor, my spouse kicked against the idea initially, but oh well guess who's best buddies with our advisor now.
Finding financial advisors like ‘Grace Adams Cook’ who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
I paid up all my mortgages in 3yrs while working with a Financial Adviser. I’m 54 and my husband 57 we are both retired with over $3 million in net worth and no debts. We got to realize that the secret to financial freedom is making better investments.
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k amazing..
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Melissa Terri Swayne 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..
That's not true. The Fed brought down inflation and gave us a pretty soft landing. Now some markets need to adjust, and they will in due time. It's all cyclical. Republicans tank the market and take the money and run, democrats bail us out. Rinse repeat. If trump hadn't been fired in 2020, we'd be in a harsh recession right now. Who knows? Maybe wars? They'd be handing Kamala yet another nightmare. I'm way better off than I was 4 years ago.
@@1Skeptik1 Nope... I don't buy it. It's bound to settle down but there are no indicators for a crash. Values always linger, especially when folks don't need to sell nor have incentive to sell. The covid surge is gone, demand will not support the values forever when folks can't afford the price. That investors got caught with inventory they can only move at a loss only proves they're greedy and didn't read the room. What created the inflated market was not natural, artificially low rates, huge demand, limited supply, it was never going sustain long term. It's just a matter of time. Ebb and flow. It's not going to crash though. Buy the dips. :)
Interest rate cuts were anticipated to begin in June 2024 and could take around 6-8 months to fully implement. A potential market downturn might unfold by March 2025. As the narrative of a soft landing gains traction, the likelihood of a major recession seems to be diminishing. With $1 million from a business sale, I'm actively seeking promising investment opportunities for the next three years.
Although the market is currently volatile, aren't the current valuations a result of the Federal Reserve's monetary policy and low interest rates? Therefore, my recommendation is that you consult a financial advisor who can give you entry and exit points for the shares that you are interested in.
Agreed, my portfolio is well-matched for every market season yielding 85% from early last year to date. I and my CFP are working on a 7 figure ballpark goal, tho this could take another year. IMO, financial advisors are the most sought-after professionals after doctors.
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
“Rebecca Nassar Dunne” is who i work with and she is a hot topic even among financial elitist in California. Just browse, you’d find her, thank me later.
Houses have gone from being homes to families to investments for greedy people, making them unaffordable for most people. I don't feel sorry for their troubles now. I am a homeowner who has seen great appreciation. However, it does no good unless you want to sell, and you have to buy somewhere else at the same inflated prices after you pay a small fortune in real estate fees.
Yes I tried to rent from a homeowner and he turned me down because he said he wants section 8 tenants only. I wanted to rent for 3 years. We didn’t even go over my financials or nothing. This was 3 months ago. Property is still sitting vacant. He even asked me if I know anyone on section 8. Smh
People will have to accept reality that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. I now look towards the stock market to fuel my millionaire goal. Sure I'm not alone in my chain of thoughts.
@okaydamian I've worked in real estate for over 25 years and have neglected a major stock portfolio, however I need a different plan now.. mind if I look up the professional guiding you please?
@okaydamian thanks for the lead, just searched Karen by her full name, easily spotted her consulting page and was able to schedule a call session, she seems highly professional from her resumé
4th generation St Pete here. Our home was completely flooded. Lots of neighbors (33703) didn't have insurance and are selling as-is. We're rebuilding. It's going to be interesting to see what happens to our area over the next couple of years. Prices are still ridiculously high, even with hurricane damage.
My wife is already panicking, so many questions! will the rate cut lead to inflation? I'm very worried about my $1million stock portfolio losing value. Do i move to 100% cash? What strategies should I be employing in my portfolio right now?
This is the what people that handle their portfolio themselves go through. I will advice you get yourself some professional advisor to help you redistribute assets in your portfolio.
I've been through the 'bonds are beating stocks' periods since the 90s with no bonds and with all aggressive stock mutual funds. At 66, my IRA and cash accounts are far more than I expected for my retirement. I can easily handle a worst-case stock crash, Thanks to my advisor.
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.
Thank you for this tip. It was easy to find on web your coach Sophia Maurine Lanting Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
@@bhupesh0111idk how you think prices will stay high. Our generation refuses to buy these homes. Something will break eventually. There are a lot of us out there who have been saving and waiting and we will continue saving and waiting. Older generations are dying off and eventually those homes will drop lower than you expect just to get rid of them.
@CryptoAlex40 considering a lot (heh) of the lots need to be bulldozed and need new nonlead pipes laid it should be cheaper than free considering how much work it's gonna take
The belief that the Federal Reserve would stop raising interest rates was the driving force behind the entire economic chaos. What should we do now that we have a situation where interest rates are crashing? At this point, how would you suggest that I safely allocate $300k?
Although the market is currently volatile, aren't the current valuations a result of the Federal Reserve's monetary policy and low interest rates? Therefore, my recommendation is that you consult a financial advisor who can give you entry and exit points for the shares that you are interested in.
Agreed, my portfolio is well-matched for every market season yielding 85% from early last year to date. I and my CFP are working on a 7 figure ballpark goal, tho this could take another year. IMO, financial advisors are the most sought-after professionals after doctors.
How can I participate in this? I aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
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 ‘’Stacy Lynn Staples” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance
Buyers EVERYWHERE need to go on STRIKE. Renters need to double up, so landlord pricing power is diminished. Both sale prices and rental rates are still FAR above fundamental factors that produce a healthy, balanced market. Consumers must fight back against the last several years of abuse from the market and property owners/operators.
Im a property owner and investor with hundreds of properties. You’re wrong. It isn’t us it is the market offering cheap money up until recently. Cheap money creates inflation. I was able to buy a 25000 square foot property for 1.9%. That is crazy and that is your government printing money to keep the economy going. Hopefully rates go to 17% to help you as long as you don’t lose your source of income. At 17% though payments will be high, unemployment will be Carter era and prices will be low. Just have cash. I have about 4 million in reserves ready to buy……thanks to your government for running inflation up by printing 1 trillion every 80 days. Get an education so you stop voting for the non primaried Kamala and installed Biden. Facts.
@@Mobev14 million in reserves disappears pretty quickly when you have hundreds of empty properties to pay taxes on and they're all underwater and you can't sell them. Just saying. If you think you're safe you're naive.
Hahaha they're not mutually exclusive, soft markets usually drive rent up. People either have to buy or rent, that's why rents actually spiked in a lot of areas even in the depths of 08, people got foreclosed on and had to go to the rental market. Anyways, pick a struggle.
Some of these investors are the big forehead mouth breathers you would expect to buy and sell their own shit to themselves, and finally lose money on the deal.
@@RBAILEY57 My wife and I really like it here the people are super super friendly. It is definitely a more laid-back place to live compared to Phoenix and I grew up also in Chicago just north in the suburbs . Houses are starting to come down here a bit I would say something like 2 to 3% In our neighborhood you used to sell your house less than a week now it is taking like 50 days if you have a nice clean house . All we need down here is good Chinese food and some Mexican food in this place would be perfect
And what do you do for a living? Its a great value because there are few professional jobs there, even fewer that pay well. You're either a doctor or lawyer otherwise you're competing with illegal labor.
@@thomasreynolds1530 😂😂 Thomas, when I first moved here, I had heard all of the stereotypes as well. Let me tell you my story and you’re gonna have your mind blown of what a lie it is of the stereotypes here. 1) I drive a truck for a living a truck driver 2) up until about a year ago, there are no Hispanic people or illegals where we live or within 25 miles of us. Where we live I see a handful of Hispanics at Sam’s Club now and for the first four years I never have as you go south of us in Foley. There are some, but they are fine. . 3) we just passed a law in our county that there is no panhandling, homeless, sleeping in a tent in a park or anything of that nature. They can do that over in Mobile or Pensacola, but not where we live. 4) my wife works for a company called Austin. It’s a shipbuilder in Mobile for the Navy. They contract out work. She does have a degree but took a $25,000 cut and pay from Phoenix to come here but five years later she is now making the same amount of money when she left in Phoenix, which is $93,000. Used to be a Director for a nonprofit in Phoenix and I got tired of that after 10 years so that’s why I went back to logistics and driving a truck . I make approximately $60,000. 5) where we live nobody is making less than $17 an hour and by that I mean right now all the if you work on the warehouse is $22 an hour down the street from my work or Ace Hardware warehouse is $19 an hour *** the stereotype I had about Alabama Alabama was that blacks are treated like crap like they were in the 60s that is complete false down here now. I deliver for a living and have had plenty of Black people hold a door for me from 20 yards away and tell me good morning or good afternoon. Everybody has manners down here and treats everybody with respect no matter what color they are that is a complete lie that the south is still stuck in the 1960s it’s nothing like that at all. There is more respect for people down here, no matter what color Phoenix, where I lived and Chicago where I lived . I am a white person and so is my wife and I can tell you that there is less racism in the Mobile Alabama area by far then there is in Phoenix and in Chicago area it’s not even close. Those two cities are extremely racist because I lived in them and heard of things in 28 years in the Phoenix. Southern Alabama is a really good place to raise a family. They have good paying jobs. I would say anywhere from $30,000-$150,000 and there are plenty of jobs between 40,000 to 75000 and you do not need a degree for those . The two biggest things I’ve learned moving down here and I’ve been here for five years are the people are super nice and everything here is 40% slower than in the Midwest or out in the Phoenix area where I grew up. People drive way slower and if there’s a project at work that needs to be done by a certain time and it doesn’t get done on time people say here all the time. “well that’s OK we’ll get it done and finish it tomorrow” That’s my take on Southern Alabama five years
I love how this channel really breaks down the concepts of Cap Rate vs 10 Year Govt Treasury Rates. I never realized that and always felt that investors were trying to have a monopoly on the home sales in the country. Thank you for the clarification.
People have no idea. The 10 year hit a low of 51 basis pints. If you bought 1 million dollars worth of 10 year bonds paying 0.51% that is only $5,100 per year on that million dollars. No wonder people bought RE instead. Two 500K homes will pay you 60K a year in gross rental income. Even if property taxes, insurance eats half of that 30K is still a way better return compared to 5,100 and the underlying asset was appreciating. But it was actually worse because when the 10 year yield was super low so were mortgage rates.. so a lot of investors took that 1M dollars, borrowed 4 and bought 10 houses..
I live in central Florida Daytona area.. There are 2-3 houses daily listing for sale on my street! All over the city, places for sale. High insurance rates, crime, overpopulation, hurricanes,floods, overbuilt. People had enough! Moving back north and outwest
My wealthy California neighbor moved to Florida 3 years ago - said it was the worst financial decision of his life. His house was flooded the first year, his roof was torn off the next year, just after he rebuilt. Then his insurance rates tripled. He said it's close to a 7-figure loss, he's selling and moving to Arizona.
So why is there a waiting list for new homes in all the new developments north of Daytona?? For every person leaving Florida there are 2 moving here. And if you move back north, you trade high insurance payments for high property taxes. No net gain
@@enricoderojassarson5596anybody moving to Florida is a sucker at this point. There’s a reason why the northeast market is the strongest in the country and the Florida real estate market is dropping rapidly. Why would I want to move to a hurricane/flood prone state with the highest insurance rates in the country and a rising sea level by the year. Your just begging to lose your money in the long run so no thanks..
@@enricoderojassarson5596 No accounting for stupidity? If your house floods, or roof is damaged, it vastly outweighs what little you might save in taxes. Plus, who wants to uproot their lives every time a storm comes or battle corrupt/bankrupt insurance companies for payouts?
Do you think it's a good time to consider selling some stocks, or is it better to hold onto them for the long term? I’m considering rebalancing my $2M portfolios, So I'm curious about the best strategies to invest this year.
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.
Having the correct plan in place is crucial; my portfolio is well-suited to each season of the market and recently experienced a 100% increase from early last year. My CFP and I are working on a 7-figure target, albeit this could take until Q4 2024.
Camilla Marie Fuller is the licensed advisor 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
Thank you for sharing this. I took the time to Google the individual you mentioned, and after reviewing her resume, it is evident that she is a seasoned professional. I have reached out to her and am eagerly awaiting her response.
Thanks, Nick. As always your savvy analysis is logical and makes sense. I see some people rubbish your views but the market is over valued and irrational. There's a lot of house poor people out there with mortgage stress, rising debts, taxes and insurance costs. Retail trade has been decimated and many are hustling overtime just to pay the bills. There's a huge wave of downside reality yet to be realized in parts of Florida. Tourists won't be coming and public services will be slashed. Get ready for property bargains.
I’ve been watching Naples area and well… while inventory is up, days on market are longer and prices are down but only a little -its still overpriced especially after recent flooding and hurricane damage….i guess increasing mortgage rates aren’t killing the deals as many of the buys are cash transactions and a big part of the population is transient-there for winter and the head back home…rent vs buying risk reward isn’t there
If you use his service for an entire year and and it helps you buy a $400,000 home, the total cost of his service for you would be just over 0.1% of the home cost. Meanwhile, you pay a realtor 30x as much to do … what realtors do, I guess.
@@somehandle215 You are certainly entitled to your opinion, of course, but I don’t think anything will convince me that $40 for an acute need would warrant that price. It’s basically a data aggregator, certainly useful, but not impossible to do without it. Also wouldn’t plan to use an agent personally.
I'm finally seeing housing prices come down a little and inventory go up in MA. We'll be one of the last markets to see housing prices come down but if its already happening here I expect that next year we'll see a big shift in the housing market going from a sellers market to a buyers market. I would expect rents to follow suit with RE prices. Let's see where we are next summer. Great job Nick sticking to your thesis despite the countless haters online! Cheers!
They cannot legally due that. Related party transaction must be at market value. However, as a business , they can use the loss to reduce its tax burden.
Unfortunately (or rather fortunately for me), I highly doubt it will drop anywhere near that level. I wouldn't be surprised to see a 20% drop though. There are just way too many people itching to get into a home, and will do so when prices drop enough.
@@AkaRyrye83 We keep hearing that (people itching to get into homes), yet many homes are no longer selling despite the lowering of interest rates and other tactics tried. I think people just do not have the money. Most home mortgages require a sizable deposit, and many now (because of the cost of living) just do not have that kind of money in the bank.
@@AkaRyrye83 They dropped them quite a bit about a couple months ago, allegedly “to stimulate the economy”, but it had little to no effect. So now they are increasing again.
@@jf8461 I think you are confusing it with the fed funds rate. The federal reserve sets the rate for the government to borrow, while banks set the rates for mortgage lending. They are somewhat connected, but not the same.
Do you live in Florida? I moved from Illinois. My insurance is comparable (I'm even in a flood zone), my taxes are 38% what I paid in Illinois, and most homes are made of concrete block and stucco. I'm not sure where so many people are getting the notion that this place is unaffordable, but I'm definitely biased having moved from one of the most tax-burdened and corrupt regions.
@@catlas_ Have you been there long? Is your home value similar? Or are you in a small town? Life is more than property taxes. Poor government, infrastructure, underfunded education, healthcare, make for an unhappy affair. Plus, I realized the constant hurricane carnage and cleanup was a choice not a requirement. Lastly, way too many “Florida men”.
@@Duhble07 It's all relative, my quality of life has increased substantially but everyone's case is unique. I'm in Sarasota county where the school system has comparable academic scores to the highly-regarded Chicago suburbs. My home was unscathed from the last 3 major hurricanes. The hospital system here is great, infrastructure and government are in good order. Of course this isn't the case for much of the state but these are all qualities I looked for when relocating.
The belief that the Federal Reserve would stop raising interest rates was the driving force behind the entire economic chaos. What should we do now that we have a situation where interest rates are crashing? At this point, how would you suggest that I safely allocate $300k?
Although the market is currently volatile, aren't the current valuations a result of the Federal Reserve's monetary policy and low interest rates? Therefore, my recommendation is that you consult a financial advisor who can give you entry and exit points for the shares that you are interested in.
Agreed, my portfolio is well-matched for every market season yielding 85% from early last year to date. I and my CFP are working on a 7 figure ballpark goal, tho this could take another year. IMO, financial advisors are the most sought-after professionals after doctors.
How can I participate in this? I aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Carol Vivian Constable for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
I hope Blackstone, Black Rock, Fidelity and all those financial institutions that got in the housing market in drove up home prices, I'll get their ass hammered, I hope prices dropped 75% and everybody that bought a home in the past 5 years get screwed.
Yes. But so many investment property owners are small investors, like husband and wife who own 4 places. I know we all hate the big ones, but I’m just curious if we feel the same for the small ones, who are contributing 50% to this problem?
I moved from Tampa to Santa Clara a few years ago and I’m thinking of purchasing a single family home there, but with real estate prices currently through the roof, is it still a good idea to buy a home or should I invest in stocks for now and just wait for a housing market correction? Looks like NVDA, TSM and AMD and AVGO are strong buys this week.
well you could put a downpayment on a home and as well diversify as much as you can into Ai, energy and big pharm. stocks like Pfizer and JnJ, ASML, MLM and S&P 500 ETFs.
Certain ai companies are rumoured to be overvalued and might cause a market correction, I’d suggest you go with a managed portfolio, but even those don’t perform so well, so it’s best you reach out to a proper fiduciary to guide you, that’s what works for my spouse and I making a whooping $738k in Q4 last year.
Monica Mary Strigle, you'll be in luck at this time of year to have a conversation. lady is hot topic in downtown manhattan and you must not be and accredited investor. Just browse.
200k for houses like this when it hits bottom. Over priced and the taxes and insurance wont go down until home prices come down. Taxes and Insurance take a few years to go down after the housing market goes way down. If you're lucky, 6 years or so.
The flaw with the Inventory is builder inventory grows in areas further out from metro areas. If a Zip code historically had 10 homes for sale, and it’s being built out and now there are 100 homes for sale it’s just a reflection of growth, not people being forced to sell.
Investors are still in denial about the fundamentals of the economy. They expect rares will soon be cut and believe the topline GDP numbers signal a strong economy. However, they dont. Credit card balences are maxed out, more credit is hard to come by for consumers, a ton of companies are about to beforced into refinancing their debs at far higher interest and the regional bank backstop program is out this month. There's also the fact that inflation ticks higher than expected every single time the markets believe a rate cut is around the corner and a rate cut would cause a surge in inflation. The fed sees this stuff, guys. The only wild card for us investors is to actively engage the market by trading, we always over complicate things when we speculate. It's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 100k to a decent 732k in the space of a few months... I'm especially grateful to Sandy Barclays, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
Over the years, I've been a part of numerous trading programs, sifting through a barrage of information. Yet, nothing has come close to the sheer clarity, depth, and precision of Sandy insights. It's akin to finding a diamond in a coal mine.
@@ArthurDentZaphodBeeb you don’t get the point. We are not in the 19 century. The ease and low risk with which you can buy a house in the 20-21 century is due to government intervention to favor hone ownership, not to get rich with passive income. This government support was not designed to favor commercial use of houses. However The government allows it because they are owned by black rock and they are serving them, not you. The whole thing is pure fraud.
Although it sure makes a lot of news the actual number of single-family homes being used as a rentals has declined five of the past 6 years. Rental homes are not driving up the real estate market prices
Small invester jn FL here. We own a house this HOA, cookie-cutter houses neighborhood. I saw a new listing near by renting for $2400/m. Our rent is $1600. Insane.
Lost nearly $100,000 on my stock portfolio when the interest rates jumped. Couldn't believe how quickly the market reacted. It’s rough. With higher borrowing costs, everyone’s pulling out of risky assets. It’s a tough time to stay invested.
@@AhmedHamad-p1pJust sold a rental property at a huge loss. The rates going up made it impossible to find buyers willing to pay what it was worth last year.
Interest rate hikes forced me to offload my commercial property at a $200k loss. Didn’t see this coming when I bought it two years ago. It’s brutal. Holding onto high-interest debt is a killer.
@Caseywill34 Appreciate the recommendation. I just emailed her after I found her site. I'm really impressed with her credentials and years of experience.
There were some who said this would happen. Who wants to buy a MBS for overpriced homes of overstretched consumers? Auto defaults are increasing, foreclosures are increasing and the banks are all in bad spots.
Real-estate needs to understand that monthly mortgage payments are more affected by the purchase price than the interest rate. Realtors need to stop cheering for lower interest rates and start leaning on sellers to accept affordable prices. Further lowering the interest rates will only mildly help the real estate market; lowering the house prices 30-50% will significantly help. Current housing affordability index is way over what is affordable with today's wages.
Interest rates are much more important than the cost of a home. People can get a lot of home for cheaper mortgage payments. When interest rates are up, home sales suffer.
@@Fourofakind-22B 1980, interest rates were 15-21%; people still bought homes at a rate higher than now. Running calculations, purchase price affects the monthly mortgage payment the most. Try the on line calculators for mortgage payments and use different interest rates vs a lower purchase price; lower purchase price wins every time.
@@rayzimmerman2242 and home prices averaged $100,000. Today it’s $400,000. Not to mention the middle class actually existed in the 80’s. And we’re still feeling the effects of Reaganomics today.
@@Fourofakind-22B Exactly. Much higher prices today, even adjusted for inflation. No one wants to buy anything overpriced. Besides accepting a higher monthly payment, buying at an over priced amount you run the risk of having an upside down mortgage in a few years when the house prices become more reasonable. We are already seeing this from people who bought a home 2 years ago, and are trying to sell now.
I built a house last year after putting in offers at 20% over asking on some existing homes that needed real work and upgrades and still losing out. I am so glad I did, new roof, new appliances and plumbing, warranty and I got almost $80k worth of options and $20k in closing costs thrown in. Far better deal paying for rent and moving twice than being immediately behind on an old home.
@@RonnieWine I'm approaching retirement and having a financial advisor has been helpful. I started investing later than most, so relying on compound interest from Etf's or bonds alone wasn’t enough for me. Despite that, I’ve managed to do well and am on track to retire with around $2 million
@@RonnieWine I usually avoid making specific recommendations because everyone's situation is unique. However, my experience with Julie Ann Lerch has been quite positive. You might find it worthwhile to see if her approach fits your needs
@@ClemonSteve I looked for the name online and found her page.I will get in touch with her,Thanks for the help I emailed and made inquiries. Thanks for the help
I've lived in St Petersburg for 20 years. You say our area is 30% overpriced, then 1 minute later you say we're in a big buyer's market. Umm... We are very far from a buyer's market. House prices need to be cut in half before reaching the better side of Insanity.
It's still a buyers market if the homes are all sitting unsold. It means the buyers have the leverage and the sellers have yet to accept that fact. Things will continue to get better and better for buyers in this market until rolls swap, at which point sellers will start to charge more. Essentially buyers market doesn't mean "good time to buy" it means "the market is bearish". The best time to buy is actually when the market is transitioning from bearish to bullish... but good luck timing it. You know for sure though the start of a bear market is not the best time.
For those moving cash from money market to other assets given the Fed pivot, what are some income-producing assets (not physical real estate) that you are prioritizing over the next year to offset your loss in income?
Dividend Stock and REITs. As interest going down, I think these two asset types are going to be more attractive. Besides getting dividend income, I expect them to get appreciation in value as
As long as those divvies keep increasing, even in a recession, that’s what i need. I’m thinking huge percentage in SCHD, with smaller amounts in other areas not covered by the fund, like REITS and BDC’s.
Accurate asset allocation is crucial with an Experts guidance. I have 850k in equity, 75k cash earning 4% interest, 685k in roth ira, 120k in 401k, Gold and silver bars. age is 58. My advisr helped me realign my portfolio to my risk tolerance and it boomed shortly.
One MAJOR thing you’re getting completely wrong is the spread aspect of the investment. Wall Street cares about the spread between the cap rate and the rate they can borrow at. NOT the treasury yield. The rate they borrow at is higher than the treasury yield. Nowadays it’s around 75-110 bps above the treasury. My firm invests in the debt of debt of these REITs and private companies so I would know this. HUGE DIFFERENCE. Also most of the largest wall street landlords are selling old stock and going about it a different way. They are purchasing new homes from builders at a large discount. They are buying anywhere between 20-30% of all new builds in a neighborhood. This takes a lot of risk off the table for builders so they don’t mind giving them hefty discounts.
I am tired of hearing and reading about an incoming while people keep profiting from this circle. The election and end-of-year market boost have me really pumped. If you had $80,000 right now, what hidden gems would you invest in? I’m aiming to set myself up for a strong financial year in 2025.
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.
There are tons of benefits to having a financial advisor, but here’s one example: My advisor based a small part of my portfolio on Nancy Pelosi’s investments, which is completely legal. That portion has gone up 71% in just six months-take that info as you will.
Sophia Irene Powell 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.
If you purchased a property for $600,000 and sold it for $480,000, resulting in a $120,000 capital loss, you can deduct this loss against your capital gains. If your capital losses exceed your capital gains, you can deduct up to $3,000 of the loss against your ordinary income each year. The remaining loss can be carried forward to future tax years. These major Wall Street investors really don’t take losses. They use the tax code to their advantage no matter what. If that investor sold 5 other properties for more than they purchased them taking a loss on one or a few properties is no big deal with the ability to write it off against the capital gains on the properties they made a profit from.
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Victoria Wiezorek.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
Unfortunately, not all of us were financially literate early. I was 35 when I finally educated myself and started taking steps. I went from $176,000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and over $1000,000 net worth. I know that doesn't SOUND like a lot, but I'm incredibly proud of it. Now I'm fast-tracking my wealth building (investing $400,000 annually) and don't owe a dime to anyone. It's a good feeling!
Exploring new investment opportunities demonstrates your proactive stance towards financial growth during these volatile times. Diversifying your portfolio can play a crucial role in effectiveIy mitigating risks..
Don’t be confuse buying the dip in a bear market, with guaranteed future returns. Just because that company is down 60%+ from ATH does NOT make it a sound long-term investment. Make sure you’re investing in great companies. kudos to Sonia karen
My coworker was begging for the rate to go down. He kept saying the mortgage rate would drop with it. Well interest rates have gone up, causing prices to plummet. You need to raise the fed above inflation. We never did that. Powell did it wrong!
Why are folks so fixated on interest rates of 3% 4% 5%? My father pretty much came to this country in 80s and had a commercial loans of 11% how long loans around that same 10% 11% so I don't understand and he was able to make ends meet and he was able to be successful he was able to save money and he was able to buy Property.
Just remember folks Blackrock buys cash.. however that cash is a loan on a variable rate from the bank. Rates go up bank says free up cash and payback some debt
imagine driving a car with a left and a right button, buttons that you can only push every 10 seconds, now imagine you can open the window and yell "I'm going to go right" while you wait to push. That's what the FED does, and that's what the economy is all banged up and could fall off a cliff at any moment.
They are just writing off the losses and it's the investors that are taking the losses. But when those rents doubled in four years they already made that money.
What's funny is if you look at the sale history in Zillow, they literally spent 550k on it 2 years ago (50k over asking), and over the last year they have decreased the price about 10 times as they desperately try to sell it for a loss. That's not even factoring in whatever "upgrades" they added in that year off the market, if any (can't see old pics).
I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying it’s ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $200k gains with months, I'm really just confused at this point.
Yes, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge,
Reason I decided to work closely with an brokerage-adviser ever since the market got really tensed and the pressure became so much(I should be retiring in 17months) so I've had an brokerage-adviser guide me through the chaos, its been 9months and counting and I've made approx. 650K net from all of my holdings.
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?
ELISSE LAPARCHE EWING is my Advis0r. She has since provided entry and exit points on the securities I concentrate on. If you want to check her out, you may do so online.
Elisse Laparche Ewing is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
The 10 year yield hit a low of 51 basis points! That's $5,100 per year on 1 million dollars. Today the 10 year pays $42,000 per year on 1 million dollars.
You said no one foresaw interest rates going up after a cut, but you are wrong. If you watch Steven Van Metre or Jeff over at Eurodollar University, for nearly a year they have said repeatedly this would happen because historically, it always does. The FFR that the Fed cuts has nothing to do with any other interest rate. You don't understand that so this is why you are shocked by it. also, by your own app, that 410K house is still 30% overvalued. that is 123K still over priced. So it needs to go around 280K before anyone can begin to look at it.
This market is out of control no matter what state. I see someone pointed out the actual value of the house you showed. That's exactly the problem is that in 2020 these homes were at least half of what they are on the market for now. Here's a good area to look up. Go to Troy, MT. It's about 2 hours from me and everything else. They have homes over there right now in the $600k range.....um LOL what?1?!?! Ok, there are 882 residents for that area. Who is going to pay this? What job do you have? Do you like only going to the store once a month since everything is 2 hours away? Do you like driving to have to pick up packages as well? The answer to those is more then likely no for the majority of people. I think some areas are still hoping for the remote worker boom of stupid amounts of money that made zero sense for most areas. Now people are still thinking they won the home lottery and are going to get these outrageous prices for their homes. That ship has sailed and these places are just not worth these prices. Until people come back to reality, homes are just going to rot on the market.
you are always predicting the future with surety. how well does your reventure app trend with historical, concrete data? I would like to see that for better assurance on your product. and not for just one county that matches well, but a lumped state or national average to understand the residuals fit.
I'm new to investing, and I've lost a good sum trying out strategies I found in online tutorials. I would sincerely appreciate any recommendations you have.
The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional
Another solid rundown of current market info. It was cool to see the filters you can apply on reventure to see reduced price homes in higher income areas. btw Bifurcated has the "C" and "A" switched around at 12:24
I see the rising interest rate as a very big problem, as more investors will definitely pull out more money from the Stock market. This might have worked when I was still invest-ing with a couple thousand dollars, but it is more difficult now to decide whether to pull out more than $365k from my port-folio. I know some inves-tors still make that despite the strong bear market. In wish I could pull that feat
I think the whole thing about holding stocks for long term will always apply. So I think you should get a quality broker who is able to analyze and pick stocks that will do well in the long term, else you will be in a long bear ride.
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 broker, 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.
‘’Aileen Gertrude Tippy’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
Actually, the Fed didn't lose control of the economy. The bond market speculatively priced in huge and rapid rate cuts about to happen, which is being refuted by the economic data coming in. The jobs market isn't slowing as much as expected and inflation remains persistent and just above the 2% target. So the bond market is adjusting their expectations to slower rate cuts. The Fed funds rate might not reduce to 4% until the middle of next year, rather than by the end of 2024 that was priced in.
Curious if anyone here has tried copy trading. What was your experience? I’m relatively new to trading and I am looking study some traders and copy their open trades rather than investing myself and lose money emotionally.
I successfully trade in my own portfolio, and also follow others because I'm interested in their strategies. I realized I've got better at managing the trader's strategies too. There's nothing wrong at all with having someone far more dedicated manage some of your portfolio.
To be 100% honest with you. I had the same question 4 years ago. I was confused as heck. Now copying other traders for over 3 years, I would like to tell you, YES copy trading is a good approach. Just keep in mind that the success of copying another trader lies in their transparency. Make sure you know who you are dealing with before copying them. My two cents. Goodluck!
I tried copy trading, just when I started investing last Christmas. Had a poor experience, the guy I copied made many small trades, slowly loosing money. What good came out of it was that it gave me an insight into how the market really works. Make sure you do your homework!
"Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again.".
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?.
We close on our loan today. Started on it back on October 1st. After the .50 cut and .25 has happened since. The market is baking in inflation despite fed rate being 4.75 we are paying over 7% rate with 775+ credit ratings.
The Fed's talk of interest rate cut leaves me pondering what stocks to buy now and when do I sell? I'm unsure how to properly allocate my money to achieve an optimal portfolio in this present economy, my goal is $3m for retirement.
navigating market volatility can be challenging, it might be beneficial consulting with an advisor to provide personalized insights based on your specific situation and financial position
No doubt, getting proper financial advice is invaluable, my portfolio is well-matched for every season of the market and just yielded 120% from early last year. I and my advisor are working on a 7 figure ballpark goal, tho this could take another year.
Homes need to come down now by ~$150K to $200K before Americans can afford them. Four homes in my subdivision are sitting and on the market for 5 and 6 months because people want to make $150K-$200K after buying the homes new and doing NOTHING to them. My tax valuation is $483K but I paid $343K for the home. It would not hurt me at all for the home to go backwards in value back to $343K. That is what I believe is the true value of my home. Hopefully the kids buying today will offer $150K less than the list price because over the next two years, that is most likely what the value is going to be in two years once interest rates go to 12%.
I want to thank the Lord Jesus Christ for hearing and answering my prayers, thank You, Lord! May the Holy Spirit continue to guide us in sharing Your unconditional love. On another note, trusting the process really does bring great rewards. Working with Melissa Jonas Richard has positively impacted my financial journey, and her advice has helped me grow. If you’re considering a change, don’t hesitate and stay disciplined it could be just the opportunity you’ve been looking for!
Oh my goodness, I’m so happy to hear that! Melissa is amazing. I was skeptical at first, but her approach to investments is next level. I started small, but now my portfolio is way better than I ever imagined. She’s really professional and has been verified by major agencies like the Financial Conduct Authority (FCA) and the U.S. Securities and Exchange Commission (SEC). Honestly, I wouldn’t have believed it if I hadn’t experienced it myself.
Same here! I heard about her from a colleague at work, and I’m from the UK, by the way. Melissa is incredibly skilled, and what I love is that she’s honest and transparent. It’s not some quick schemes you see everywhere, she really educates you along the way. I’m seeing consistent returns every month. I’m so grateful!
G’day from Sydney! I can’t thank Melissa enough, she has such a good grasp of the markets and knows exactly when to move. I was drowning in debt, but now I’m living comfortably and my portfolio’s been doing really well over the past year thanks to her advice. She’s got a proven strategy, and it’s backed by multiple agencies like Forbes , the International Blockchain Association, Wall Street Financial Insights and even ASIC has also endorsed her expertise. The woman is verified!
Nick: I am in St Pete right now and drove in Largo and Bellaire Bluff and saw limbs and furniture outside, too. As to price cuts, it's not just the cost of repairs. The Gulf water temps are creating a "new normal" that will send more hurricanes to the West Coast of Florida. That means repeated stress and loss, and for older people, it's easier to take a financial loss (which is less a loss if they purchased the property more than ten years ago when prices were much lower) than deal with the overall threat.
Mortgage rates skyrocketing back up to 7% is a tough one for real estate investors especially. Expect more forced selling to happen later in 2024 and into 2025.
Track the data for your ZIP Code on Reventure App: www.reventure.app
Are you taking Finasteride or Minoxidil? My hair is like yours. I'm considering taking it! Thanks ❤
Market is wrong, inflation is yesterday’s news, you follow M2, you’d know better.
The FED has never been in control of the economy. The yields will go lower. They might go higher in 2026 the earliest, if anything…
@@issenvan1050What is M2? Thanks 👍🏽
😂
Fortunately, my spouse and I were able to pay off our mortgage early. While we were both still employed, we took the money we had been using to accelerate our mortgage repayment and invested it immediately. Thanks to nearly 7 years of saving what would have been our mortgage payment and to maxing out our 401K/403B plans, we were able to retire early. Fortunately, both of our parents instilled in us the need of living within our means.
Thank you for your advice. I know it will help people. we are interested in investments that could set me up for retirement , I mean I've heard of people that netted hundreds of thousands during these crash, I listened to someone on a podcast who earned over $650K in less than a year, what's the strategy behind such returns?
Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.
Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
Annette Christine Conte is the licensed advisor I use.Just research the name. You'd find necessary details to work with to set up an appointment.
From $10k to $25k that's the minimum range of profit return every week i think it's not a bad one for me, now i have enough to pay bills and take care of my family.
I'm celebrating a $30k stock portfolio today. Started this journey with 6k, i have invested on time and also with the right terms now.
Wow that's huge, how do you make that much?
I'm 37 and have been looking for ways to be successful, please how??
Ohh yeah, that was possible with the help of my Guru Layla zoe ❤️❤️❤️
She's a licensed broker and successful entrepreneur from the state.
I’m closing in on my retirement and I’d like to move from Minnesota to a warmer climate, but the prices on homes are stupidly ridiculous and Mortgage prices has been skyrocketing on a roll(currently over 7%) do I just invest my spare cash into stock and wait for a housing crash or should I go ahead to buy a home anyways?
If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.
Considering the present situation, diversifying by shifting investments from real estate to financial markets or gold is recommended, despite potential future home price drops. Given prevailing mortgage rates and economic uncertainty, this move is prudent, particularly due to stricter mortgage regulations. Seeking advice from a knowledgeable independent financial advisor is advisable for those seeking guidance.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
Can you provide instructions on how to contact your advisor? I'm experiencing erosion of my funds due to inflation and looking for a more profitable investment strategy to make better use of them.
‘’Marisa Michelle Litwinsky’’ is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I’m in Florida and the housing market here over the last 7-8 years is unlike anything I’ve ever seen. Homes that were bought for $130K in 2015 are now being sold for $590k. I’m talking about tiny, disgusting, poorly built 950 square foot shit boxes in quiet mediocre neighborhoods. Then you’ve got Better, average sized homes in nicer neighborhoods that were $300K+ 10 years ago selling for $750k+ now. Wild times.
I’ve seen the same craze in other parts of Florida. It's unbelievable how fast prices have skyrocketed!
I guess 'tiny, disgusting, poorly built' is the new luxury standard in Florida!
Yup. And it's leading to demand destruction as new home sales plunge to 1995 levels, a time when house prices were still flatlining from the early 90s recession. So house prices and supply are spiking at the same time right now. Make of that what you will.
I’m a new dad in Santa Clara, relocated from Tampa a few years ago and i am considering buying a single-family home despite soaring prices. I'm weighing options: wait for a housing market correction or invest in the equity market instead.
well you could put a downpayment on a home and as well diversify as much as you can into AI, energy and big pharm. stocks like Pfizer and JnJ, ASML, MLM and S&P 500 ETFs.
IMO it’s difficult to set down specific predictions for the housing market is because it’s not yet clear how quickly or how much the Federal Reserve can bring down inflation and borrowing costs without tanking buyer demand for everything from homes to cars.
The professionals presently control the market since they not only have the essential business strategy but also have access to inside information that the general public is not aware of.
A lot of folks have been going on about the bull rally and said stocks that would be experiencing significant growth, any idea which stocks this may be? I just sold my home in the BAY county area and I’m looking to remunerate a lump sum into the stock market before stocks rebound, is this a good time to buy or no?
It's gotten especially difficult since the pandemic, hence why I decided to use the expertise of an advisor, my spouse kicked against the idea initially, but oh well guess who's best buddies with our advisor now.
Mind if I ask you to recommend this particular Advisor you using their service? Seems you've figured it all out.
Finding financial advisors like ‘Grace Adams Cook’ who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
BLACKSTONE BETTER NOT GET A BAIL OUT. LET BLACKSTONE GO BANKRUPT
These losses are a tax write off. Their willingness to lose at a 6 figure rate, mainly affects small time investors.
xD you funny
Trump won’t allow it
Reventure will spread enough awareness so that Blackstone gets a bailout
@@Superunstable Of course he will. Then his cronies will swoop in and buy for pennies on the dollar.
I paid up all my mortgages in 3yrs while working with a Financial Adviser. I’m 54 and my husband 57 we are both retired with over $3 million in net worth and no debts. We got to realize that the secret to financial freedom is making better investments.
That is so amazing, I’m trying to get onto the investing ladder at 40. I wish at 55 I will be testifying to similar success..
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k amazing..
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Melissa Terri Swayne 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..
She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.
The fed did not lose control of the economy, they never had control to begin with.
LOL, threw gas on the fire...
Part of me thinks they actually believe MMT is a real thing. They speak about it seriously without laughing.
That's not true. The Fed brought down inflation and gave us a pretty soft landing. Now some markets need to adjust, and they will in due time. It's all cyclical. Republicans tank the market and take the money and run, democrats bail us out. Rinse repeat. If trump hadn't been fired in 2020, we'd be in a harsh recession right now. Who knows? Maybe wars? They'd be handing Kamala yet another nightmare. I'm way better off than I was 4 years ago.
The FED creates winners and losers. Real estate is tumbling and the stock market will follow. Watch the FED go back to QE print mode next year.
@@1Skeptik1 Nope... I don't buy it. It's bound to settle down but there are no indicators for a crash. Values always linger, especially when folks don't need to sell nor have incentive to sell. The covid surge is gone, demand will not support the values forever when folks can't afford the price. That investors got caught with inventory they can only move at a loss only proves they're greedy and didn't read the room. What created the inflated market was not natural, artificially low rates, huge demand, limited supply, it was never going sustain long term. It's just a matter of time. Ebb and flow. It's not going to crash though. Buy the dips. :)
Interest rate cuts were anticipated to begin in June 2024 and could take around 6-8 months to fully implement. A potential market downturn might unfold by March 2025. As the narrative of a soft landing gains traction, the likelihood of a major recession seems to be diminishing. With $1 million from a business sale, I'm actively seeking promising investment opportunities for the next three years.
Although the market is currently volatile, aren't the current valuations a result of the Federal Reserve's monetary policy and low interest rates? Therefore, my recommendation is that you consult a financial advisor who can give you entry and exit points for the shares that you are interested in.
Agreed, my portfolio is well-matched for every market season yielding 85% from early last year to date. I and my CFP are working on a 7 figure ballpark goal, tho this could take another year. IMO, financial advisors are the most sought-after professionals after doctors.
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
“Rebecca Nassar Dunne” is who i work with and she is a hot topic even among financial elitist in California. Just browse, you’d find her, thank me later.
I just Googled her name and her website came up right away. It looks interesting so far. I sent her an email and i hope she responds soon. Thanks
Hell no. That’s a 220-240k house at most. I’m a builder and that’s still ridiculous for an older home
Anyone who buys now will immediately be underwater, the crash just started.
We bought in 2022 and underwater in Florida! Big mistake
@@amandabrau-v6w . Double sense of the meaning!
@@MrSupernova111😂
@@amandabrau-v6w What a bummer!
@@amandabrau-v6wyou’re not alone. Many did the same thing. And now Florida’s real estate market is non existent.
Houses have gone from being homes to families to investments for greedy people, making them unaffordable for most people. I don't feel sorry for their troubles now. I am a homeowner who has seen great appreciation. However, it does no good unless you want to sell, and you have to buy somewhere else at the same inflated prices after you pay a small fortune in real estate fees.
You are literally paying for that appreciation every year with higher property taxes. It's bad if you want to stay but good if you want to sell.
Yup
There isn’t enough harm that can happen to flippers and investors.
@@ts87777 In Illinois is it sucks.
Yes I tried to rent from a homeowner and he turned me down because he said he wants section 8 tenants only. I wanted to rent for 3 years. We didn’t even go over my financials or nothing. This was 3 months ago. Property is still sitting vacant. He even asked me if I know anyone on section 8. Smh
People will have to accept reality that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. I now look towards the stock market to fuel my millionaire goal. Sure I'm not alone in my chain of thoughts.
U.S. stocks have historically been the best investment. Home prices will need to fall at least 40% before the market normalizes.
@okaydamian I've worked in real estate for over 25 years and have neglected a major stock portfolio, however I need a different plan now.. mind if I look up the professional guiding you please?
@okaydamian thanks for the lead, just searched Karen by her full name, easily spotted her consulting page and was able to schedule a call session, she seems highly professional from her resumé
A stock also won’t call you at midnight for a broken pipe
Scammers in here be careful
Native Floridian here and I love your content, very insightful.
Nick, excellent video.
I'm still hanging on the sidelines waiting for home prices to become reasonable again.
4th generation St Pete here. Our home was completely flooded. Lots of neighbors (33703) didn't have insurance and are selling as-is. We're rebuilding. It's going to be interesting to see what happens to our area over the next couple of years. Prices are still ridiculously high, even with hurricane damage.
Shore Acres is for sale, for crazy $$$, those people will face cold reality, "Great bungalow, Only one time flooded 800k" 😂
I lived in FL for years when it was cheap and made financial sense. Now, it makes absolutely no sense for my family to move down there.
It’s a swamp. $8k for a year for homeowners insurance? I pay $865.
😂
@BillyMartin68 that sounds like Midwest pricing. Where I'm at now insurance is $1200 and pproperty tax is $7000.
My wife is already panicking, so many questions! will the rate cut lead to inflation? I'm very worried about my $1million stock portfolio losing value. Do i move to 100% cash? What strategies should I be employing in my portfolio right now?
This is the what people that handle their portfolio themselves go through. I will advice you get yourself some professional advisor to help you redistribute assets in your portfolio.
I've been through the 'bonds are beating stocks' periods since the 90s with no bonds and with all aggressive stock mutual funds.
At 66, my IRA and cash accounts are far more than I expected for my retirement. I can easily handle a worst-case stock crash, Thanks to my advisor.
How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings
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.
Thank you for this tip. It was easy to find on web your coach Sophia Maurine Lanting Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
Do not buy a home now!!!!!!
I'll do whatever I want
I did it earlier today
👍100% correct
So when? Been waiting for 4 damn years
@@mle3857 my opinion would be last quarter of 2025 or beginning of 2026. Gl
There was never a housing shortage.
They always talk about home buyers holding out. But never talk about investors leaving the real estate market.
2:23. That is a $90K house.
Prices will drop to 2008-2009 levels.
By then u will be in the grave keep dreaming 😂😂
@@bhupesh0111you must not have been alive then.
@@bhupesh0111idk how you think prices will stay high. Our generation refuses to buy these homes. Something will break eventually. There are a lot of us out there who have been saving and waiting and we will continue saving and waiting. Older generations are dying off and eventually those homes will drop lower than you expect just to get rid of them.
I like how people speak with such confidence as if they have a crystal ball
@@boejiden1065this little ol thing called INFLATION
I'm a builder in clearwater. These prices for "lot value" still are too high for me to be interested.
How much is a lot worth down there, $10K?
@@CryptoAlex40100
@CryptoAlex40 considering a lot (heh) of the lots need to be bulldozed and need new nonlead pipes laid it should be cheaper than free considering how much work it's gonna take
The belief that the Federal Reserve would stop raising interest rates was the driving force behind the entire economic chaos. What should we do now that we have a situation where interest rates are crashing? At this point, how would you suggest that I safely allocate $300k?
Although the market is currently volatile, aren't the current valuations a result of the Federal Reserve's monetary policy and low interest rates? Therefore, my recommendation is that you consult a financial advisor who can give you entry and exit points for the shares that you are interested in.
Agreed, my portfolio is well-matched for every market season yielding 85% from early last year to date. I and my CFP are working on a 7 figure ballpark goal, tho this could take another year. IMO, financial advisors are the most sought-after professionals after doctors.
How can I participate in this? I aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
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 ‘’Stacy Lynn Staples” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance
Buyers EVERYWHERE need to go on STRIKE. Renters need to double up, so landlord pricing power is diminished. Both sale prices and rental rates are still FAR above fundamental factors that produce a healthy, balanced market. Consumers must fight back against the last several years of abuse from the market and property owners/operators.
You think property owners haven’t dealt with inflated costs over the past couple of years?
Im a property owner and investor with hundreds of properties. You’re wrong. It isn’t us it is the market offering cheap money up until recently. Cheap money creates inflation. I was able to buy a 25000 square foot property for 1.9%. That is crazy and that is your government printing money to keep the economy going. Hopefully rates go to 17% to help you as long as you don’t lose your source of income. At 17% though payments will be high, unemployment will be Carter era and prices will be low. Just have cash. I have about 4 million in reserves ready to buy……thanks to your government for running inflation up by printing 1 trillion every 80 days. Get an education so you stop voting for the non primaried Kamala and installed Biden. Facts.
@@Mobev1lol B.S. “I have 4 million in reserve and I’m spending my time on RUclips” 🤡
@@Mobev14 million in reserves disappears pretty quickly when you have hundreds of empty properties to pay taxes on and they're all underwater and you can't sell them. Just saying. If you think you're safe you're naive.
Hahaha they're not mutually exclusive, soft markets usually drive rent up. People either have to buy or rent, that's why rents actually spiked in a lot of areas even in the depths of 08, people got foreclosed on and had to go to the rental market.
Anyways, pick a struggle.
Some of these investors are the big forehead mouth breathers you would expect to buy and sell their own shit to themselves, and finally lose money on the deal.
I bought in southern Alabama 5.5 years ago.
Being 30 miles north of the Gulf of Mexico and no payment is a BLESSING
Southern Alabama is great value compared to Florida.
We are buying in north Alabama! Closing next week! Can’t wait to get out of Florida!
@@RBAILEY57
My wife and I really like it here the people are super super friendly.
It is definitely a more laid-back place to live compared to Phoenix and I grew up also in Chicago just north in the suburbs .
Houses are starting to come down here a bit I would say something like 2 to 3%
In our neighborhood you used to sell your house less than a week now it is taking like 50 days if you have a nice clean house .
All we need down here is good Chinese food and some Mexican food in this place would be perfect
And what do you do for a living? Its a great value because there are few professional jobs there, even fewer that pay well. You're either a doctor or lawyer otherwise you're competing with illegal labor.
@@thomasreynolds1530 😂😂
Thomas, when I first moved here, I had heard all of the stereotypes as well. Let me tell you my story and you’re gonna have your mind blown of what a lie it is of the stereotypes here.
1) I drive a truck for a living a truck driver
2) up until about a year ago, there are no Hispanic people or illegals where we live or within 25 miles of us.
Where we live I see a handful of Hispanics at Sam’s Club now and for the first four years I never have as you go south of us in Foley. There are some, but they are fine. .
3) we just passed a law in our county that there is no panhandling, homeless, sleeping in a tent in a park or anything of that nature. They can do that over in Mobile or Pensacola, but not where we live.
4) my wife works for a company called Austin. It’s a shipbuilder in Mobile for the Navy. They contract out work. She does have a degree but took a $25,000 cut and pay from Phoenix to come here but five years later she is now making the same amount of money when she left in Phoenix, which is $93,000.
Used to be a Director for a nonprofit in Phoenix and I got tired of that after 10 years so that’s why I went back to logistics and driving a truck . I make approximately $60,000.
5) where we live nobody is making less than $17 an hour and by that I mean right now all the if you work on the warehouse is $22 an hour down the street from my work or Ace Hardware warehouse is $19 an hour
*** the stereotype I had about Alabama Alabama was that blacks are treated like crap like they were in the 60s that is complete false down here now.
I deliver for a living and have had plenty of Black people hold a door for me from 20 yards away and tell me good morning or good afternoon. Everybody has manners down here and treats everybody with respect no matter what color they are that is a complete lie that the south is still stuck in the 1960s it’s nothing like that at all.
There is more respect for people down here, no matter what color Phoenix, where I lived and Chicago where I lived .
I am a white person and so is my wife and I can tell you that there is less racism in the Mobile Alabama area by far then there is in Phoenix and in Chicago area it’s not even close. Those two cities are extremely racist because I lived in them and heard of things in 28 years in the Phoenix.
Southern Alabama is a really good place to raise a family. They have good paying jobs. I would say anywhere from $30,000-$150,000 and there are plenty of jobs between 40,000 to 75000 and you do not need a degree for those .
The two biggest things I’ve learned moving down here and I’ve been here for five years are the people are super nice and everything here is 40% slower than in the Midwest or out in the Phoenix area where I grew up. People drive way slower and if there’s a project at work that needs to be done by a certain time and it doesn’t get done on time people say here all the time. “well that’s OK we’ll get it done and finish it tomorrow”
That’s my take on Southern Alabama five years
I love how this channel really breaks down the concepts of Cap Rate vs 10 Year Govt Treasury Rates. I never realized that and always felt that investors were trying to have a monopoly on the home sales in the country. Thank you for the clarification.
He is not a real estate investor and he has been warning people against house crash since 2020 while the national house price increased by 40%.
People have no idea. The 10 year hit a low of 51 basis pints. If you bought 1 million dollars worth of 10 year bonds paying 0.51% that is only $5,100 per year on that million dollars. No wonder people bought RE instead. Two 500K homes will pay you 60K a year in gross rental income. Even if property taxes, insurance eats half of that 30K is still a way better return compared to 5,100 and the underlying asset was appreciating. But it was actually worse because when the 10 year yield was super low so were mortgage rates.. so a lot of investors took that 1M dollars, borrowed 4 and bought 10 houses..
@@jonathantaylor6926 isn’t 10 year treasure bond yield more than 4%?
The US Government has been on a spending spree unabated since 2008. It drives rates up regardless what the Fed says.
I thought the sirens in the background were in my neighborhood lol
I live in central Florida Daytona area.. There are 2-3 houses daily listing for sale on my street! All over the city, places for sale. High insurance rates, crime, overpopulation, hurricanes,floods, overbuilt. People had enough! Moving back north and outwest
My wealthy California neighbor moved to Florida 3 years ago - said it was the worst financial decision of his life. His house was flooded the first year, his roof was torn off the next year, just after he rebuilt. Then his insurance rates tripled. He said it's close to a 7-figure loss, he's selling and moving to Arizona.
So why is there a waiting list for new homes in all the new developments north of Daytona?? For every person leaving Florida there are 2 moving here. And if you move back north, you trade high insurance payments for high property taxes. No net gain
Why so much crime? What’s going on?
@@enricoderojassarson5596anybody moving to Florida is a sucker at this point. There’s a reason why the northeast market is the strongest in the country and the Florida real estate market is dropping rapidly. Why would I want to move to a hurricane/flood prone state with the highest insurance rates in the country and a rising sea level by the year. Your just begging to lose your money in the long run so no thanks..
@@enricoderojassarson5596 No accounting for stupidity? If your house floods, or roof is damaged, it vastly outweighs what little you might save in taxes. Plus, who wants to uproot their lives every time a storm comes or battle corrupt/bankrupt insurance companies for payouts?
Do you think it's a good time to consider selling some stocks, or is it better to hold onto them for the long term? I’m considering rebalancing my $2M portfolios, So I'm curious about the best strategies to invest this year.
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.
Having the correct plan in place is crucial; my portfolio is well-suited to each season of the market and recently experienced a 100% increase from early last year. My CFP and I are working on a 7-figure target, albeit this could take until Q4 2024.
could you share more info please on the advisor that guides youcould you share more info please on the advisor that guides you
Camilla Marie Fuller is the licensed advisor 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
Thank you for sharing this. I took the time to Google the individual you mentioned, and after reviewing her resume, it is evident that she is a seasoned professional. I have reached out to her and am eagerly awaiting her response.
Thanks, Nick. As always your savvy analysis is logical and makes sense. I see some people rubbish your views but the market is over valued and irrational. There's a lot of house poor people out there with mortgage stress, rising debts, taxes and insurance costs. Retail trade has been decimated and many are hustling overtime just to pay the bills.
There's a huge wave of downside reality yet to be realized in parts of Florida. Tourists won't be coming and public services will be slashed. Get ready for property bargains.
yup
I’ve been watching Naples area and well… while inventory is up, days on market are longer and prices are down but only a little -its still overpriced especially after recent flooding and hurricane damage….i guess increasing mortgage rates aren’t killing the deals as many of the buys are cash transactions and a big part of the population is transient-there for winter and the head back home…rent vs buying risk reward isn’t there
I’d get a premium plan if it was like $5 or $10 a month. Almost $40 a month is steep if it isn’t for a business.
If you use his service for an entire year and and it helps you buy a $400,000 home, the total cost of his service for you would be just over 0.1% of the home cost. Meanwhile, you pay a realtor 30x as much to do … what realtors do, I guess.
@@somehandle215 You are certainly entitled to your opinion, of course, but I don’t think anything will convince me that $40 for an acute need would warrant that price. It’s basically a data aggregator, certainly useful, but not impossible to do without it. Also wouldn’t plan to use an agent personally.
@@raulp8191my comment was not opinion, it was math.
I'm finally seeing housing prices come down a little and inventory go up in MA. We'll be one of the last markets to see housing prices come down but if its already happening here I expect that next year we'll see a big shift in the housing market going from a sellers market to a buyers market. I would expect rents to follow suit with RE prices. Let's see where we are next summer. Great job Nick sticking to your thesis despite the countless haters online! Cheers!
Ditto here in Northern NJ. Here’s hoping our patience pays off in a few months!
They flipped it and renovated it and sold it to themselves and took the profits so now they are selling it for a loss
They cannot legally due that. Related party transaction must be at market value. However, as a business , they can use the loss to reduce its tax burden.
TBH, pretty excited it’s McRib season.
Hell yeah!
When it gets below $180k, it is getting close to where it SHOULD be priced.
Unfortunately (or rather fortunately for me), I highly doubt it will drop anywhere near that level. I wouldn't be surprised to see a 20% drop though. There are just way too many people itching to get into a home, and will do so when prices drop enough.
@@AkaRyrye83 We keep hearing that (people itching to get into homes), yet many homes are no longer selling despite the lowering of interest rates and other tactics tried. I think people just do not have the money. Most home mortgages require a sizable deposit, and many now (because of the cost of living) just do not have that kind of money in the bank.
@jf8461 haven't mortgage rates actually gone up?
@@AkaRyrye83 They dropped them quite a bit about a couple months ago, allegedly “to stimulate the economy”, but it had little to no effect. So now they are increasing again.
@@jf8461 I think you are confusing it with the fed funds rate. The federal reserve sets the rate for the government to borrow, while banks set the rates for mortgage lending. They are somewhat connected, but not the same.
Florida is a horrible place for real estate. Insurance through the roof. Property taxes. Humidity that rots wood in record time. Not for me.
Do you live in Florida? I moved from Illinois. My insurance is comparable (I'm even in a flood zone), my taxes are 38% what I paid in Illinois, and most homes are made of concrete block and stucco. I'm not sure where so many people are getting the notion that this place is unaffordable, but I'm definitely biased having moved from one of the most tax-burdened and corrupt regions.
@@catlas_ Have you been there long? Is your home value similar? Or are you in a small town? Life is more than property taxes. Poor government, infrastructure, underfunded education, healthcare, make for an unhappy affair. Plus, I realized the constant hurricane carnage and cleanup was a choice not a requirement. Lastly, way too many “Florida men”.
@@Duhble07 It's all relative, my quality of life has increased substantially but everyone's case is unique. I'm in Sarasota county where the school system has comparable academic scores to the highly-regarded Chicago suburbs. My home was unscathed from the last 3 major hurricanes. The hospital system here is great, infrastructure and government are in good order. Of course this isn't the case for much of the state but these are all qualities I looked for when relocating.
@@catlas_You moved from Illinois. That’s why it seems reasonable to you. 😊
@@alyross2850Exactly, no denying that.
The belief that the Federal Reserve would stop raising interest rates was the driving force behind the entire economic chaos. What should we do now that we have a situation where interest rates are crashing? At this point, how would you suggest that I safely allocate $300k?
Although the market is currently volatile, aren't the current valuations a result of the Federal Reserve's monetary policy and low interest rates? Therefore, my recommendation is that you consult a financial advisor who can give you entry and exit points for the shares that you are interested in.
Agreed, my portfolio is well-matched for every market season yielding 85% from early last year to date. I and my CFP are working on a 7 figure ballpark goal, tho this could take another year. IMO, financial advisors are the most sought-after professionals after doctors.
How can I participate in this? I aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Carol Vivian Constable for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
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.
I hope Blackstone, Black Rock, Fidelity and all those financial institutions that got in the housing market in drove up home prices, I'll get their ass hammered, I hope prices dropped 75% and everybody that bought a home in the past 5 years get screwed.
except they will in turn fire their employees to reduce losses on top of their RE losses
These companies get their money from wealthy folks who have millions to invest. So giving billionaires tax breaks has an affect on house prices,
Yes. But so many investment property owners are small investors, like husband and wife who own 4 places. I know we all hate the big ones, but I’m just curious if we feel the same for the small ones, who are contributing 50% to this problem?
@@alyross2850yeah I feel the same about small ones. Let the houses go so I can buy one!!!! Dang it! lol 😅
I moved from Tampa to Santa Clara a few years ago and I’m thinking of purchasing a single family home there, but with real estate prices currently through the roof, is it still a good idea to buy a home or should I invest in stocks for now and just wait for a housing market correction? Looks like NVDA, TSM and AMD and AVGO are strong buys this week.
it’s a personal decision, but according to Forbes, housing activities will remain stagnant for the most part of the year, so maybe hold off a little.
well you could put a downpayment on a home and as well diversify as much as you can into Ai, energy and big pharm. stocks like Pfizer and JnJ, ASML, MLM and S&P 500 ETFs.
Certain ai companies are rumoured to be overvalued and might cause a market correction, I’d suggest you go with a managed portfolio, but even those don’t perform so well, so it’s best you reach out to a proper fiduciary to guide you, that’s what works for my spouse and I making a whooping $738k in Q4 last year.
I'm an art collector, this is not very new to me but has a nuance to it. Can you assist me? how do I find a fduciary
Monica Mary Strigle, you'll be in luck at this time of year to have a conversation. lady is hot topic in downtown manhattan and you must not be and accredited investor. Just browse.
200k for houses like this when it hits bottom. Over priced and the taxes and insurance wont go down until home prices come down. Taxes and Insurance take a few years to go down after the housing market goes way down. If you're lucky, 6 years or so.
The flaw with the Inventory is builder inventory grows in areas further out from metro areas. If a Zip code historically had 10 homes for sale, and it’s being built out and now there are 100 homes for sale it’s just a reflection of growth, not people being forced to sell.
Investors are still in denial about the fundamentals of the economy. They expect rares will soon be cut and believe the topline GDP numbers signal a strong economy. However, they dont. Credit card balences are maxed out, more credit is hard to come by for consumers, a ton of companies are about to beforced into refinancing their debs at far higher interest and the regional bank backstop program is out this month. There's also the fact that inflation ticks higher than expected every single time the markets believe a rate cut is around the corner and a rate cut would cause a surge in inflation. The fed sees this stuff, guys. The only wild card for us investors is to actively engage the market by trading, we always over complicate things when we speculate. It's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 100k to a decent 732k in the space of a few months... I'm especially grateful to Sandy Barclays, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
She mostly interacts on Telegrams, using the user-name.
@SandyBarclays .
Over the years, I've been a part of numerous trading programs, sifting through a barrage of information. Yet, nothing has come close to the sheer clarity, depth, and precision of Sandy insights. It's akin to finding a diamond in a coal mine.
Sandy gave me the autonomy I need to learn at my own pace and ask questions when I need to she’s so accommodating.
Best signal provider in the market. Knowledgeable, level headed no loss like some other traders who recently jumped on the bandwagon.
The real problem? Why the f is Residential property being used as Commercial property?
It's ALWAYS been commercial property. It's only recently that majority of people 'owned' their own homes.
You are absolutely right!
@@ArthurDentZaphodBeeb you don’t get the point. We are not in the 19 century. The ease and low risk with which you can buy a house in the 20-21 century is due to government intervention to favor hone ownership, not to get rich with passive income. This government support was not designed to favor commercial use of houses. However The government allows it because they are owned by black rock and they are serving them, not you. The whole thing is pure fraud.
Airbnb/Vrbo.
Although it sure makes a lot of news the actual number of single-family homes being used as a rentals has declined five of the past 6 years. Rental homes are not driving up the real estate market prices
Nick is always a ray of sunshine
More like a dark cloud of doom and gloom
@@amoss3035 doom and gloom sells
@@jasonjason5325if it bleeds it leads!
I just came here to say this lol
Yeah…. Real sunshine
Small invester jn FL here.
We own a house this HOA, cookie-cutter houses neighborhood.
I saw a new listing near by renting for $2400/m.
Our rent is $1600.
Insane.
Had to sell my property at a $150,000 loss. The interest rate hikes just crushed my cash flow.
Lost nearly $100,000 on my stock portfolio when the interest rates jumped. Couldn't believe how quickly the market reacted. It’s rough. With higher borrowing costs, everyone’s pulling out of risky assets. It’s a tough time to stay invested.
@@AhmedHamad-p1pJust sold a rental property at a huge loss. The rates going up made it impossible to find buyers willing to pay what it was worth last year.
Interest rate hikes forced me to offload my commercial property at a $200k loss. Didn’t see this coming when I bought it two years ago. It’s brutal. Holding onto high-interest debt is a killer.
How can I get in touch with her? I'm in dire need of an advisor.
@Caseywill34 Appreciate the recommendation. I just emailed her after I found her site. I'm really impressed with her credentials and years of experience.
There were some who said this would happen. Who wants to buy a MBS for overpriced homes of overstretched consumers? Auto defaults are increasing, foreclosures are increasing and the banks are all in bad spots.
Houses have risen 40-50% since he started crying wolf in 2020. Even a 20% drop in value isnt enough.
Real-estate needs to understand that monthly mortgage payments are more affected by the purchase price than the interest rate. Realtors need to stop cheering for lower interest rates and start leaning on sellers to accept affordable prices. Further lowering the interest rates will only mildly help the real estate market; lowering the house prices 30-50% will significantly help. Current housing affordability index is way over what is affordable with today's wages.
Interest rates are much more important than the cost of a home. People can get a lot of home for cheaper mortgage payments. When interest rates are up, home sales suffer.
Yup, prices need to drop by the same 30-50% they increased around 3 yrs ago. Comment by Fourofakind is also true though.
@@Fourofakind-22B 1980, interest rates were 15-21%; people still bought homes at a rate higher than now. Running calculations, purchase price affects the monthly mortgage payment the most. Try the on line calculators for mortgage payments and use different interest rates vs a lower purchase price; lower purchase price wins every time.
@@rayzimmerman2242 and home prices averaged $100,000. Today it’s $400,000. Not to mention the middle class actually existed in the 80’s. And we’re still feeling the effects of Reaganomics today.
@@Fourofakind-22B Exactly. Much higher prices today, even adjusted for inflation. No one wants to buy anything overpriced. Besides accepting a higher monthly payment, buying at an over priced amount you run the risk of having an upside down mortgage in a few years when the house prices become more reasonable. We are already seeing this from people who bought a home 2 years ago, and are trying to sell now.
I built a house last year after putting in offers at 20% over asking on some existing homes that needed real work and upgrades and still losing out. I am so glad I did, new roof, new appliances and plumbing, warranty and I got almost $80k worth of options and $20k in closing costs thrown in. Far better deal paying for rent and moving twice than being immediately behind on an old home.
I wish they taught investing at school level. There is so much advantage to doing this!
My biggest regret is that I started so late.
oncern is whether I can continue to sustain my standard of living with $550k and avoid outliving my savings. Every withdrawal makes me a bit unsettled
@@RonnieWine I'm approaching retirement and having a financial advisor has been helpful. I started investing later than most, so relying on compound interest from Etf's or bonds alone wasn’t enough for me. Despite that, I’ve managed to do well and am on track to retire with around $2 million
@@ClemonSteve I'm currently evaluating my portfolio and could use some guidance. How can I get in touch with your advisor?
@@RonnieWine I usually avoid making specific recommendations because everyone's situation is unique. However, my experience with Julie Ann Lerch has been quite positive. You might find it worthwhile to see if her approach fits your needs
@@ClemonSteve I looked for the name online and found her page.I will get in touch with her,Thanks for the help
I emailed and made inquiries. Thanks for the help
I've lived in St Petersburg for 20 years. You say our area is 30% overpriced, then 1 minute later you say we're in a big buyer's market.
Umm... We are very far from a buyer's market. House prices need to be cut in half before reaching the better side of Insanity.
It's still a buyers market if the homes are all sitting unsold. It means the buyers have the leverage and the sellers have yet to accept that fact. Things will continue to get better and better for buyers in this market until rolls swap, at which point sellers will start to charge more.
Essentially buyers market doesn't mean "good time to buy" it means "the market is bearish". The best time to buy is actually when the market is transitioning from bearish to bullish... but good luck timing it. You know for sure though the start of a bear market is not the best time.
I just googled the 30 year mortgage rate, Conv: 7.35% FHA: 6.70%. It's always higher than what the internet says.
And 850 credit is a must for these rates, good luck with that shit 😀
@@MB031 anything over 800 is just bragging rights. you get the same rate regardless up there.
10:48 holly shit this app is insane! You are a genius! Realy a genius!
For those moving cash from money market to other assets given the Fed pivot, what are some income-producing assets (not physical real estate) that you are prioritizing over the next year to offset your loss in income?
Dividend Stock and REITs. As interest going down, I think these two asset types are going to be more attractive. Besides getting dividend income, I expect them to get appreciation in value as
As long as those divvies keep increasing, even in a recession, that’s what i need. I’m thinking huge percentage in SCHD, with smaller amounts in other areas not covered by the fund, like REITS and BDC’s.
Accurate asset allocation is crucial with an Experts guidance. I have 850k in equity, 75k cash earning 4% interest, 685k in roth ira, 120k in 401k, Gold and silver bars. age is 58. My advisr helped me realign my portfolio to my risk tolerance and it boomed shortly.
How can i reach an advisor?
SHARON CRUMP CLINE is the advisr I use and i'm just putting this out here because you asked.
Very fortuitous that the opening scene has a sign that states "humps ahead" followed by sirens.
Danger, Will Robinson!
Anybody with a basic understanding of economics expected long term rates to rise
One MAJOR thing you’re getting completely wrong is the spread aspect of the investment. Wall Street cares about the spread between the cap rate and the rate they can borrow at. NOT the treasury yield. The rate they borrow at is higher than the treasury yield. Nowadays it’s around 75-110 bps above the treasury. My firm invests in the debt of debt of these REITs and private companies so I would know this. HUGE DIFFERENCE. Also most of the largest wall street landlords are selling old stock and going about it a different way. They are purchasing new homes from builders at a large discount. They are buying anywhere between 20-30% of all new builds in a neighborhood. This takes a lot of risk off the table for builders so they don’t mind giving them hefty discounts.
I am tired of hearing and reading about an incoming while people keep profiting from this circle. The election and end-of-year market boost have me really pumped. If you had $80,000 right now, what hidden gems would you invest in? I’m aiming to set myself up for a strong financial year in 2025.
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.
There are tons of benefits to having a financial advisor, but here’s one example: My advisor based a small part of my portfolio on Nancy Pelosi’s investments, which is completely legal. That portion has gone up 71% in just six months-take that info as you will.
wow!! this is impressive.. how can i reach this advisor if you don't mind me asking?
Sophia Irene Powell 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.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
If you purchased a property for $600,000 and sold it for $480,000, resulting in a $120,000 capital loss, you can deduct this loss against your capital gains. If your capital losses exceed your capital gains, you can deduct up to $3,000 of the loss against your ordinary income each year. The remaining loss can be carried forward to future tax years. These major Wall Street investors really don’t take losses. They use the tax code to their advantage no matter what. If that investor sold 5 other properties for more than they purchased them taking a loss on one or a few properties is no big deal with the ability to write it off against the capital gains on the properties they made a profit from.
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Victoria Wiezorek.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
You trade with Victoria Wiezorek too? Wow that woman has been a blessing to me and my family.
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
Informative review thank you
Unfortunately, not all of us were financially literate early. I was 35 when I finally educated myself and started taking steps. I went from $176,000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and over $1000,000 net worth. I know that doesn't SOUND like a lot, but I'm incredibly proud of it. Now I'm fast-tracking my wealth building (investing $400,000 annually) and don't owe a dime to anyone. It's a good feeling!
I want to start too but i don't know how..
Lol, what strategy do you use please?
Exploring new investment opportunities demonstrates your proactive stance towards financial growth during these volatile times. Diversifying your portfolio can play a crucial role in effectiveIy mitigating risks..
Don’t be confuse buying the dip in a bear market, with guaranteed future returns. Just because that company is down 60%+ from ATH does NOT make it a sound long-term investment. Make sure you’re investing in great companies. kudos to Sonia karen
Nice to see you talking about her, sHe is really amazing, she has amazing skills, she changed my 0.3 BT C to 1.9 BT C ......
The fed does not control interest rates, the market does. Basic economics.
My coworker was begging for the rate to go down. He kept saying the mortgage rate would drop with it. Well interest rates have gone up, causing prices to plummet. You need to raise the fed above inflation. We never did that. Powell did it wrong!
Why are folks so fixated on interest rates of 3% 4% 5%? My father pretty much came to this country in 80s and had a commercial loans of 11% how long loans around that same 10% 11% so I don't understand and he was able to make ends meet and he was able to be successful he was able to save money and he was able to buy Property.
Price was lower to compensate and he did not run over with ultra expensive insurance policies.
Ive been trying to buy my first home in Michigan and it's nuts
Just remember folks Blackrock buys cash.. however that cash is a loan on a variable rate from the bank. Rates go up bank says free up cash and payback some debt
The FED is not supposed to have CONTROL. The markets supposed to be FREE
Bingo!
You should have stayed in school.
The fed doesn’t have control. That’s why they cut rates by 50 basis points yet the 10 year treasury went up by 50 basis points
imagine driving a car with a left and a right button, buttons that you can only push every 10 seconds, now imagine you can open the window and yell "I'm going to go right" while you wait to push.
That's what the FED does, and that's what the economy is all banged up and could fall off a cliff at any moment.
The Fed doesn't control, it tries to steer demand more than "control." Google Quantitative Tightening or Quantitative Easing.
They are just writing off the losses and it's the investors that are taking the losses. But when those rents doubled in four years they already made that money.
2:12 that house isn't worth more than 250k max. Anyone pays more for it than that, they are getting their head slapped hard.
What's funny is if you look at the sale history in Zillow, they literally spent 550k on it 2 years ago (50k over asking), and over the last year they have decreased the price about 10 times as they desperately try to sell it for a loss. That's not even factoring in whatever "upgrades" they added in that year off the market, if any (can't see old pics).
Does the “spread” tell the whole story in real estate investment decisions ? How about expected appreciation of the housing asset?
I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying it’s ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $200k gains with months, I'm really just confused at this point.
Yes, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge,
Reason I decided to work closely with an brokerage-adviser ever since the market got really tensed and the pressure became so much(I should be retiring in 17months) so I've had an brokerage-adviser guide me through the chaos, its been 9months and counting and I've made approx. 650K net from all of my holdings.
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?
ELISSE LAPARCHE EWING is my Advis0r. She has since provided entry and exit points on the securities I concentrate on. If you want to check her out, you may do so online.
Elisse Laparche Ewing is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
The 10 year yield hit a low of 51 basis points! That's $5,100 per year on 1 million dollars. Today the 10 year pays $42,000 per year on 1 million dollars.
Ok?
You said no one foresaw interest rates going up after a cut, but you are wrong. If you watch Steven Van Metre or Jeff over at Eurodollar University, for nearly a year they have said repeatedly this would happen because historically, it always does. The FFR that the Fed cuts has nothing to do with any other interest rate. You don't understand that so this is why you are shocked by it. also, by your own app, that 410K house is still 30% overvalued. that is 123K still over priced. So it needs to go around 280K before anyone can begin to look at it.
The speculator firms who drove the prices greedily up and up now have to pay the price ... kind of poetic justice
This market is out of control no matter what state. I see someone pointed out the actual value of the house you showed. That's exactly the problem is that in 2020 these homes were at least half of what they are on the market for now.
Here's a good area to look up. Go to Troy, MT. It's about 2 hours from me and everything else. They have homes over there right now in the $600k range.....um LOL what?1?!?! Ok, there are 882 residents for that area. Who is going to pay this? What job do you have? Do you like only going to the store once a month since everything is 2 hours away? Do you like driving to have to pick up packages as well? The answer to those is more then likely no for the majority of people.
I think some areas are still hoping for the remote worker boom of stupid amounts of money that made zero sense for most areas. Now people are still thinking they won the home lottery and are going to get these outrageous prices for their homes. That ship has sailed and these places are just not worth these prices. Until people come back to reality, homes are just going to rot on the market.
Loads of inventory just sitting on the market out here. Nobody is buying.
I own renter property will never buy in FLA
you are always predicting the future with surety. how well does your reventure app trend with historical, concrete data? I would like to see that for better assurance on your product. and not for just one county that matches well, but a lumped state or national average to understand the residuals fit.
I'm new to investing, and I've lost a good sum trying out strategies I found in online tutorials. I would sincerely appreciate any recommendations you have.
As a beginner, it's essential for you to have a pro or a very good trader to keep you accountable.
Someone like expert Melanie Ann Karnavas
This is correct, Melanie strategy has normalized winning trades for me also and it’s a huge milestone for me looking back to how it all started.
The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional
Yes, I agree with you. Her platform is wonderful and her strategies are exceptional
Another solid rundown of current market info. It was cool to see the filters you can apply on reventure to see reduced price homes in higher income areas. btw Bifurcated has the "C" and "A" switched around at 12:24
I see the rising interest rate as a very big problem, as more investors will definitely pull out more money from the Stock market. This might have worked when I was still invest-ing with a couple thousand dollars, but it is more difficult now to decide whether to pull out more than $365k from my port-folio. I know some inves-tors still make that despite the strong bear market. In wish I could pull that feat
I think the whole thing about holding stocks for long term will always apply. So I think you should get a quality broker who is able to analyze and pick stocks that will do well in the long term, else you will be in a long bear ride.
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 broker, 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.
This sound interesting. I’m not really one to use pro analysts, but I guess it would not hurt to try one. My portfolio is in the red waters right now
‘’Aileen Gertrude Tippy’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
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.
Actually, the Fed didn't lose control of the economy. The bond market speculatively priced in huge and rapid rate cuts about to happen, which is being refuted by the economic data coming in. The jobs market isn't slowing as much as expected and inflation remains persistent and just above the 2% target. So the bond market is adjusting their expectations to slower rate cuts. The Fed funds rate might not reduce to 4% until the middle of next year, rather than by the end of 2024 that was priced in.
Curious if anyone here has tried copy trading.
What was your experience? I’m relatively new to trading and I am looking study some traders and copy their open trades rather than investing myself and lose money emotionally.
I successfully trade in my own portfolio, and also follow others because I'm interested in their strategies. I realized I've got better at managing the trader's strategies too. There's nothing wrong at all with having someone far more dedicated manage some of your portfolio.
To be 100% honest with you. I had the same question 4 years ago. I was confused as heck. Now copying other traders for over 3 years, I would like to tell you, YES copy trading is a good approach. Just keep in mind that the success of copying another trader lies in their transparency. Make sure you know who you are dealing with before copying them. My two cents. Goodluck!
I tried copy trading, just when I started investing last Christmas. Had a poor experience, the guy I copied made many small trades, slowly loosing money. What good came out of it was that it gave me an insight into how the market really works. Make sure you do your homework!
"Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again.".
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?.
We close on our loan today. Started on it back on October 1st. After the .50 cut and .25 has happened since. The market is baking in inflation despite fed rate being 4.75 we are paying over 7% rate with 775+ credit ratings.
The Fed's talk of interest rate cut leaves me pondering what stocks to buy now and when do I sell? I'm unsure how to properly allocate my money to achieve an optimal portfolio in this present economy, my goal is $3m for retirement.
navigating market volatility can be challenging, it might be beneficial consulting with an advisor to provide personalized insights based on your specific situation and financial position
No doubt, getting proper financial advice is invaluable, my portfolio is well-matched for every season of the market and just yielded 120% from early last year. I and my advisor are working on a 7 figure ballpark goal, tho this could take another year.
I’ve been considering getting one, but haven't been proactive about it. Can you recommend your advisor? I could really use some assistance.
Aileen Gertrude Tippy’’ is the licensed advisor I use. Just research the name. You’ll find necessary details to work with to set up an appointment.
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.
Stop lying to people, home values will not go down as much as you would like to
ppl are gonna be caught offsides in a huge way, deflation is coming, not inflation, but that's what everyone wants you to think.
yup
Homes need to come down now by ~$150K to $200K before Americans can afford them. Four homes in my subdivision are sitting and on the market for 5 and 6 months because people want to make $150K-$200K after buying the homes new and doing NOTHING to them. My tax valuation is $483K but I paid $343K for the home. It would not hurt me at all for the home to go backwards in value back to $343K. That is what I believe is the true value of my home. Hopefully the kids buying today will offer $150K less than the list price because over the next two years, that is most likely what the value is going to be in two years once interest rates go to 12%.
Anyone else notice that Nick never says all 3 Ws when saying his website? 😂
Keep up the good work Nick.
It's really unnecessary to say them
He did for this video. It might be because nowadays you can just type the domain name without the 3W and still access it .
@@t-tradenow I see what you’re saying… but did he? 14:18
YES!!!
Nice work getting that humps ahead sign in the establishing shot. top tier Content creation
I want to thank the Lord Jesus Christ for hearing and answering my prayers, thank You, Lord! May the Holy Spirit continue to guide us in sharing Your unconditional love. On another note, trusting the process really does bring great rewards. Working with Melissa Jonas Richard has positively impacted my financial journey, and her advice has helped me grow. If you’re considering a change, don’t hesitate and stay disciplined it could be just the opportunity you’ve been looking for!
Oh my goodness, I’m so happy to hear that! Melissa is amazing. I was skeptical at first, but her approach to investments is next level. I started small, but now my portfolio is way better than I ever imagined. She’s really professional and has been verified by major agencies like the Financial Conduct Authority (FCA) and the U.S. Securities and Exchange Commission (SEC). Honestly, I wouldn’t have believed it if I hadn’t experienced it myself.
Same here! I heard about her from a colleague at work, and I’m from the UK, by the way. Melissa is incredibly skilled, and what I love is that she’s honest and transparent. It’s not some quick schemes you see everywhere, she really educates you along the way. I’m seeing consistent returns every month. I’m so grateful!
I started working with her six months ago, and now I’ve seen a 60% return on my investments. The FINRA has also confirmed her credentials.
G’day from Sydney! I can’t thank Melissa enough, she has such a good grasp of the markets and knows exactly when to move. I was drowning in debt, but now I’m living comfortably and my portfolio’s been doing really well over the past year thanks to her advice. She’s got a proven strategy, and it’s backed by multiple agencies like Forbes , the International Blockchain Association, Wall Street Financial Insights and even ASIC has also endorsed her expertise. The woman is verified!
Wow, what a coincidence, I’ve been hearing about her from different people. Who exactly is this Melissa Jonas Richard?
Nick: I am in St Pete right now and drove in Largo and Bellaire Bluff and saw limbs and furniture outside, too.
As to price cuts, it's not just the cost of repairs. The Gulf water temps are creating a "new normal" that will send more hurricanes to the West Coast of Florida. That means repeated stress and loss, and for older people, it's easier to take a financial loss (which is less a loss if they purchased the property more than ten years ago when prices were much lower) than deal with the overall threat.
Investors simply got too greedy! They are getting their just rewards now!
Great video, as usual, and impactful. Thanks
I wouldn't give you $70,000 for that piece of crab house so it has a lot of problems just from the street
This is florida, the plot of land there costs more than 70k lol.