Praying for all souls and families, to find peace and be ready for the changes coming. I have taught all my 3 grown children to have one job with their hands and one job with their minds, to always have plan B and pray deeply for strength and wisdom. God bless each one of us today and always 🙏☮️
That is great advice. I encouraged my son to take every “tech” class in High School. He learned construction, welding, bike repair, ski tuning (we live in ski country) and wilderness first aid. He does sales right now but I know he has skills in his “rolodex” to pull from
Always good insight and something to ponder upon. Nicely done Matt. Sidenote: I stayed home this weekend. Cleaned out 2 small closets of knick-knack items that have been unused for the last couple of years and a small dresser of clothes not worn for awhile. Sold a lot of items in today’s garage sale and have the clothes bundled up ready-to-go for the local charity and I even sold the dresser. Come Tuesday I will be at my local coin shop, just one mile away, and will convert the garage sale cash to 5-6 ounces of silver to put away with my stash. 👍😁
Federal government is bloated, Every month , on thur., when the job numbers are tallied, government add's about 70,000 NEW fed jobs,didn't they hire 80,000 new IRS position's ? if a private company was run like the u s government, they would be out of business in a year, but the fed can keep printing money, which is why inflation is so steep
Ox! Thanks again for the updates on current events. Gonna be a big deal if and when funds gets slashed and unfortunately folks don't look to far ahead to prepare and it's again gonna be tough to watch like the last few down turns but we think it'sgonna be worse.
It occurred to me a few years ago much of the American dream is built upon debt and fiat currency. I don’t think people understand just how intertwined their income is tied to all that cheap money and government spending. It’s like a spiral being unwound.
Think about the lies we’ve been told. Amish do just fine with an 8th grade education. They rely on themselves and their community. Barns go up in one day while we spend years and a fortune on college only to get laid off or worse can’t find a good job. I know pros need college. I’m talking about the every day person. Find a skill, hopefully something needed.
You’re on target Matt. Unfortunately I still see so many around me not preparing though. When these cut backs come and not only jobs are eliminated but the people stop receiving the benefits from these programs, I’m afraid it’ll get pretty ugly.
“The US is so heavily debt-laden, its housing prices are so high and its medical care is so extremely high (18% of GDP) that it cannot compete. It cannot re-industrialize without taking radical steps to write down debts, to de-privatize health care and education, to break up monopolies and restore progressive taxation. The vested Financial, Insurance and Real Estate (FIRE sector) interests are too powerful to permit these reforms. That makes the U.S. economy a failed economy, and America a Failed State.” Michael Hudson, July 22, 2023
Yes federal reductions in jobs will be very real and it will be painful to reverse these 4 years of economic damage. Before I retired from the U.S. Army in 1998, the army was drastically reduced during the years 1994 to 1997 by forcing early retirements or forcing soldiers out with one time severance lump sums even those with as long as 15 years in the army. So those federal employees with employment “contracts” including military members who think they have “job security”, we already have had situations I’ve witnessed where the government can terminate your employment at will. I saw a lot of good enlisted and officers get early discharges or retirements to cut costs in those years. Keep learning new employable skills, getting fit and prepare for some rough times ahead folks! Regardless of which side of the immigration issue you are on, I strongly suggest you learn Spanish as an employment skill since the increase of illegals is a fact of life now and business will be keen on people who can speak Spanish to do business with these millions of immigrants generating millions of dollars. 🇺🇸
Please, please, please everyone if you don't have at least one part time business going (1099 income) start one immediately. If you can't do anything else sell life insurance.
Why are you immune? When folks don't have jobs, they don't need attorneys. Plus its obvious you have more than most and they will try to to steal it one way or another...
Given economies are just as linked as our supply lines, and nearly everything else in life, anyone who thinks that cutting huge chunks of money out of the economy won't have a huge number of other outcomes is dreaming imo. People should stop with the hero worship and think long and hard about what the realities might be imo. I find it very hard to take a guy seriously who deals with his employees the way he does whilst taking obscene amounts of money himself. Personally I shall go down and harvest some green beans and strawberries.
!!!I am at the beginning of my "investment journey", planning to put 385K into dividend stocks so that I will be making up to 30% annually in dividend returns. any good recommendation on great performing stocks or Crypto will be appreciated.
As a newbie investor, it’s essential for you to have a mentor to keep you accountable. Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market.
I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $200k passively by just investing through an advisor, and I don't have to do much work. Inflation or no inflation, my finances remain secure. So I really don't blame people who panic.
Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analysing market movements and spotting profitable opportunities. Her strategies are meticulously crafted on thorough research and years of practical experience..
how would you recommend i enter the crypto market? I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What's your take on this approach? and How can i reach her, if you don't mind me asking??
Thank you for the reminder. Tonight, for the first time, I have a key to our community gym. God bless you, and your family this holiday season. 🎄
Thank you for the video 🙏🏿
I’m just glad I never have to work again. 40 years stuck in rush-hour traffic was not a good time, but it paid the bills.
Praying for all souls and families, to find peace and be ready for the changes coming. I have taught all my 3 grown children to have one job with their hands and one job with their minds, to always have plan B and pray deeply for strength and wisdom. God bless each one of us today and always 🙏☮️
Amen! 🙏
That's REALLY good advice
That is great advice. I encouraged my son to take every “tech” class in High School. He learned construction, welding, bike repair, ski tuning (we live in ski country) and wilderness first aid. He does sales right now but I know he has skills in his “rolodex” to pull from
Evening matthew.abd community. GOD BLESS
excellent!
Always good insight and something to ponder upon. Nicely done Matt. Sidenote: I stayed home this weekend. Cleaned out 2 small closets of knick-knack items that have been unused for the last couple of years and a small dresser of clothes not worn for awhile. Sold a lot of items in today’s garage sale and have the clothes bundled up ready-to-go for the local charity and I even sold the dresser. Come Tuesday I will be at my local coin shop, just one mile away, and will convert the garage sale cash to 5-6 ounces of silver to put away with my stash. 👍😁
Fantastic! Be your own Boss. That's why I watch your channel. It's time to start a small business for millions of Americans.
Been my own boss since my mid 30's. More stressful than being an employee but definitely much more rewarding psychologically and financially.
Federal government is bloated, Every month , on thur., when the job numbers are tallied, government add's about 70,000 NEW fed jobs,didn't they hire 80,000 new IRS position's ? if a private company was run like the u s government, they would be out of business in a year, but the fed can keep printing money, which is why inflation is so steep
Ox! Thanks again for the updates on current events. Gonna be a big deal if and when funds gets slashed and unfortunately folks don't look to far ahead to prepare and it's again gonna be tough to watch like the last few down turns but we think it'sgonna be worse.
It occurred to me a few years ago much of the American dream is built upon debt and fiat currency. I don’t think people understand just how intertwined their income is tied to all that cheap money and government spending. It’s like a spiral being unwound.
bingo
Everyone will need storage for the things they can't put in the house they don't live in. I'll be just fine
Think about the lies we’ve been told. Amish do just fine with an 8th grade education. They rely on themselves and their community. Barns go up in one day while we spend years and a fortune on college only to get laid off or worse can’t find a good job. I know pros need college. I’m talking about the every day person. Find a skill, hopefully something needed.
Government employees should also think about starting an emergency fund. 🤔
Nice job Ox from New Britain, Ct 🇺🇸
Downsize and live in a Van down by the river.
No thanks.
Matt Foley would agree 😂😂
Have you priced vans these days??
You’re on target Matt.
Unfortunately I still see so many around me not preparing though.
When these cut backs come and not only jobs are eliminated but the people stop receiving the benefits from these programs, I’m afraid it’ll get pretty ugly.
Thanks MATT !
“The US is so heavily debt-laden, its housing prices are so high and its medical care is so extremely high (18% of GDP) that it cannot compete. It cannot re-industrialize without taking radical steps to write down debts, to de-privatize health care and education, to break up monopolies and restore progressive taxation. The vested Financial, Insurance and Real Estate (FIRE sector) interests are too powerful to permit these reforms.
That makes the U.S. economy a failed economy, and America a Failed State.”
Michael Hudson, July 22, 2023
HAPPY THANKSGIVING !
Local county transit bus driver here. Yeah, im nervous.
Yes federal reductions in jobs will be very real and it will be painful to reverse these 4 years of economic damage. Before I retired from the U.S. Army in 1998, the army was drastically reduced during the years 1994 to 1997 by forcing early retirements or forcing soldiers out with one time severance lump sums even those with as long as 15 years in the army. So those federal employees with employment “contracts” including military members who think they have “job security”, we already have had situations I’ve witnessed where the government can terminate your employment at will. I saw a lot of good enlisted and officers get early discharges or retirements to cut costs in those years. Keep learning new employable skills, getting fit and prepare for some rough times ahead folks! Regardless of which side of the immigration issue you are on, I strongly suggest you learn Spanish as an employment skill since the increase of illegals is a fact of life now and business will be keen on people who can speak Spanish to do business with these millions of immigrants generating millions of dollars. 🇺🇸
Be proactive people. Not reactive.
Really good topic
Trump promised us millions of high paying jobs. Hope he follows thu!!
I believe you understand a lot more than me. However, I too feel uncertain times are ahead of us. More so than ever before.
Good advice. I don't think Trump will actually cut spending, based on how much he spent the last time around. But it's still relevant advice.
Please, please, please everyone if you don't have at least one part time business going (1099 income) start one immediately. If you can't do anything else sell life insurance.
How would you go about selling life insurance? I had never thought of that, Thanks.
@@OhYesYes-l6o What part of the U.S. are you in?
@@oleradiodudea.m.4735 Louisiana
With job cuts comes mass dislocation and transition …..
one Question for research purposes.
What locations will they go. ?
Why are you immune? When folks don't have jobs, they don't need attorneys. Plus its obvious you have more than most and they will try to to steal it one way or another...
that’s what I thought but in the 2008-2010 GFC my practice had its three best years in the last 29 years. go figure
Great job thanks
Given economies are just as linked as our supply lines, and nearly everything else in life, anyone who thinks that cutting huge chunks of money out of the economy won't have a huge number of other outcomes is dreaming imo.
People should stop with the hero worship and think long and hard about what the realities might be imo.
I find it very hard to take a guy seriously who deals with his employees the way he does whilst taking obscene amounts of money himself.
Personally I shall go down and harvest some green beans and strawberries.
!!!I am at the beginning of my "investment journey", planning to put 385K into dividend stocks so that I will be making up to 30% annually in dividend returns. any good recommendation on great performing stocks or Crypto will be appreciated.
As a newbie investor, it’s essential for you to have a mentor to keep you accountable.
Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market.
I don't really blame people who panic. Lack of
information can be a big hurdle. I've been
making more than $200k passively by just
investing through an advisor, and I don't have
to do much work. Inflation or no inflation, my
finances remain secure. So I really don't blame
people who panic.
Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analysing market movements and spotting profitable opportunities. Her strategies are meticulously crafted on thorough research and years of practical experience..
how would you recommend i enter the crypto market? I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What's your take on this approach? and How can i reach her, if you don't mind me asking??