The biggest financial stories heading into 2024

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  • Опубликовано: 18 янв 2025

Комментарии • 71

  • @MsSarcasticity
    @MsSarcasticity Год назад +14

    And credit card debt is higher than ever because people are addicted to spending.

    • @user-bq7ei7hj4b
      @user-bq7ei7hj4b Год назад

      Nikola, like binance, and FTx are not recent events. They've been releasing smoke for a couple of years. It's only news to these people and therefore the audience that relies on them at all to keep up with events

    • @Xeonerable
      @Xeonerable Год назад

      Well companies are addicted to unrealistic growth expectations, the whole system is flawed and don't just go blaming the people. But when things crash there is only one group of people that make it out good.

    • @MsSarcasticity
      @MsSarcasticity Год назад

      @@Xeonerable WELL, I didn't say that was the only issue, genius. But most spending by Americans is currently done on non-essential CONSUMER GOODS. Not on needs or essentials.

  • @Pocket_Champs2023
    @Pocket_Champs2023 Год назад +4

    All holidays suck really bad as they are extremely superficial and no real spiritual discernment nor real agape love from anyone! Most families in America are superficial and chasing after toxic materialism!

  • @drewconway7135
    @drewconway7135 Год назад +4

    0:16 “All right, dude…” Wow, so professional. Cronkite is spinning in his grave.

  • @lodingwai
    @lodingwai Год назад +5

    Alright dude...

  • @David-sr9uv
    @David-sr9uv Год назад +9

    “The US is saving the world by continuing to spend.”

    • @AE-sy1pn
      @AE-sy1pn Год назад +2

      Crazy ain't it...

    • @alk3078
      @alk3078 Год назад +1

      At seven percent interest

    • @firstlast8258
      @firstlast8258 Год назад

      Gawd bless Murica 🤓 🖕

  • @Wowsers101
    @Wowsers101 Год назад +4

    Keep voting for inflation

  • @NotANameist
    @NotANameist Год назад +3

    So much cap

  • @orangecat5036
    @orangecat5036 Год назад +1

    If they want a bigger house. That means they aren't cleaning the one they have now.

  • @charleskaren3948
    @charleskaren3948 Год назад +1

    The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional like I did. If you get the facts about saving and investing and follow through with an intelligent plan, you should be able to gain financial security over the years and enjoy the benefits of managing your money.

  • @abgzulkifli
    @abgzulkifli Год назад

    What about the money?

    • @firstlast8258
      @firstlast8258 Год назад

      It's at the job if you are able bodied

  • @queenscorpion662
    @queenscorpion662 Год назад

    Im 70, retired and only getting retirement and inflation is very much well any person can't live, very close to being homeless, so

  • @HeadStronger-HS
    @HeadStronger-HS Год назад +5

    Does anyone actually believe any of this crap?

  • @Nanix1991
    @Nanix1991 Год назад

    Let's see until when the us can live beyond its means

  • @Xeonerable
    @Xeonerable Год назад

    Yeah and the whole situation would probably be better if these corporations and ultra-rich people distributed the wealth more instead of hoarding it. You want to see people spend then give them more money to do so. The economy would do a lot better if a whole lot less people were struggling.

  • @JohnPlumb-z6h
    @JohnPlumb-z6h Год назад +3

    🤔

  • @onespeedlite
    @onespeedlite Год назад

    Consumer spending didn't cause inflation to decline. If anything, it raised prices. Inflation went down because of the federal monetary policy of raising the interest rates that made borrowing more expensive for businesses and consumers. The aim was to slow down economic activities that drive up prices. If not for "Bidenomics", we could be in a recession by now and more people would suffer. As an Independent, I think the Biden administration did a good job of reducing inflation while keeping employment relatively strong. On top of that, the stock market had a solid year of return that is expected to continue into 2024. Are there still people suffering? Of course, but that has more to do with their lack of qualification/education/high-demand skills in the job market and making unwise financial decisions than what the government isn't doing right.

  • @moonwalker8490
    @moonwalker8490 Год назад +2

    Now is the time buy … and refinance later. When those rates cut it will turn into bidding wars again like 2020. Inventory will take another 7 years to catch up. Negotiate a rate buy down, assumable loans, seller finance, roommates, rent out your extra space, add another dwelling unit. If there’s a will there away in America 🇺🇸 I love this country ❤

    • @InternetUser._
      @InternetUser._ Год назад +1

      Terrible time to buy investment property. Unless you’re into commercial offices in declining downtown areas.

    • @moonwalker8490
      @moonwalker8490 Год назад

      @@InternetUser._ good I need more people to think like you … less competition for me

    • @InternetUser._
      @InternetUser._ Год назад +1

      @@moonwalker8490 😂 go for it, bud’

    • @Goodiebar18
      @Goodiebar18 Год назад

      This is dependent on where you live, a $650K 900sq ft ranch in New England that sold for 220K in 2018 is not a smart idea.

  • @Historyteacheraz
    @Historyteacheraz Год назад +1

    Interesting video. A Teenager’s Guide on how to Invest Like Warren Buffett and Charlie Munger is a good book for those who want to learn more.

  • @jimmyjones416
    @jimmyjones416 Год назад +1

    gas prices are 1/2 what they were in Oct/Nov 22 when the oil companies tried to influence the election with record high gas prices

    • @alk3078
      @alk3078 Год назад +2

      Still a dollar a gallon higher than when Trump was president

    • @jimmyjones416
      @jimmyjones416 Год назад

      @alk3078 you mean when everything was shutdown because Trump avoided responsibility and nobody was driving to work?...ya, that was a great economy

    • @kelleyspears1218
      @kelleyspears1218 Год назад +2

      @@alk3078Not true. The highest under Trump was $2.81, the lowest was $2.26. I just paid $2.57 under Biden so smack dab in the middle of the Trump regime. And regardless, no president has much influence over gas prices, but since everyone pretty much buys gas, they either get the credit or they get the blame. And how much you spend on gas is directly related to what kind of vehicle you want to drive as well. Buy a Bronco or a Jeep or a large SUV, of course you’re going to pay a lot to fill that vehicle up, regardless of the price. Buy something more economical like a Camry or an Accord, you’ll have no problems.

    • @alk3078
      @alk3078 Год назад +1

      @@kelleyspears1218 In my town gas was 1.88 on Trump's last day in office. That all changed when Biden cancelled Trump's energy policies on his first day with executive orders. Just like he cancelled Trump's border policies with executive orders and now you see that mess.

  • @benjamindavidson22
    @benjamindavidson22 Год назад +57

    investors have a lot to be grateful for, given recent market moves. The rest of the year and the beginning of 2024 should be merry and bright as well. Despite the S&P 500 doing well. I have lost a large share of my $640k portfolio in the last 4 months . How do I turn this around?

    • @emiliabucks33
      @emiliabucks33 Год назад +3

      it's all hype! best to ignore the trend at the moment whether bullish or bearish, and stick to a proper trading plan preferably with expertise assistance.

    • @monicawill5
      @monicawill5 Год назад +2

      More reason I enjoy my day to day market decisions is that i'm being guided by a portfolio-coach, seeing that their entire skillset is built around going long and short at the same time, both employing profit-oriented strategy and laying off risk as a hedge against the inevitable downtrends, coupled with the exclusive information/analysis, it's quite impossible not to

    • @Johnlarry12
      @Johnlarry12 Год назад +2

      I've been looking to switch, but have been kind of relaxed about it. Could you recommend your advis0r? I'll be happy to use some help.

    • @monicawill5
      @monicawill5 Год назад +2

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

    • @Johnlarry12
      @Johnlarry12 Год назад +1

      Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

  • @Aaron_R
    @Aaron_R Год назад +3

    Inflation is a much bigger concern than unemployment... Fed has it wrong. Especially with a rising rate of retirees, and low birth rate.

    • @onespeedlite
      @onespeedlite Год назад

      "Fed has it wrong." You don't make any sense. Didn't you see the chart in the video? The Fed's action lowered the inflation rate from 9% to 3%.

  • @EvanAndHell
    @EvanAndHell Год назад +2

    “Money Gods”
    - a civilization of savages

  • @Balance-yz4qg
    @Balance-yz4qg Год назад

    Its this 🛖 or 🏘️
    Its this ☎️ or 📱
    Its this 💾 or 💿
    Its this 🔋 or ☀️
    Its this 🤔 or 🧿A🧿
    The true measure of a society on the move.....🇺🇸

    • @firstlast8258
      @firstlast8258 Год назад

      Gawd bless Murica 🤓 🖕

    • @Balance-yz4qg
      @Balance-yz4qg Год назад

      ​@@firstlast8258looks like jealousy found it's sink 🕳️... Much Better in
      2. 0. 2. 4

  • @noel7777noel
    @noel7777noel Год назад

    There has been a huge decline in home ownership since the 2008 financial crisis. Our mortgage and rent are not included in the inflation numbers.
    If you can afford rent, you can afford a mortgage.

    • @mytruthbekind5793
      @mytruthbekind5793 Год назад +1

      The difference is the down payment and maintenance costs. No.

    • @mytruthbekind5793
      @mytruthbekind5793 Год назад

      Also, you are stuck when you buy a home. It is not always quick to sell. You can get out of a lease or wait it out.

    • @noel7777noel
      @noel7777noel Год назад

      @@mytruthbekind5793No one can read your mind. What do you mean by. "IT" in "Wait it out"?.
      Are you talking about the normal supply and demand being messed up by the "rich".
      This is why the democrats say, "Eat the rich" to fix the "it" part.
      Get the "eat the rich out," and we have no "rich" messing of the normal supply and demand math chart.
      The ignorant "rich" have trespassed in the real estate market parking their money. This is not how the not-for-profit banking system works.
      We do park our retirement in the commercial sector. In a not-for-profit banking system. This is called leveraged. But in a not-for-profit way.

    • @noel7777noel
      @noel7777noel Год назад

      @@mytruthbekind5793 The rich need to stop holding our commercial leveraged retirement plan hostage for unearned income.
      The rich need to stop holding our residential property leveraged hostage for landlords unearned income.
      Stealing the workers' leverages in both the commercial sector and the residential sector doesn't trickle down.

    • @noel7777noel
      @noel7777noel Год назад

      #RUclips you must provide a blocking feature
      I am clearly explaining the math. They don't even understand math.

  • @josha.bdoge2
    @josha.bdoge2 Год назад +4

    Let's ask the black guy about financial fraudsters....He should be well versed on the topic. Gotta Love liberal media Outlets

    • @GeneDexter
      @GeneDexter Год назад

      Please name people of color who were financial fraudsters. You will find there are more Bernie Madoffs than this group.

    • @Wowsers101
      @Wowsers101 Год назад +1

      Based

  • @mytruthbekind5793
    @mytruthbekind5793 Год назад

    The economy is great. The problem is the lack of housing. The problem is that there are fewer choices. There are lots of opportunities. Who wants to buy an overpriced house??? We want to move but not paying significantly more for a poor quality house. No.