'No way' bonds are as good as stocks for long-run wealth creation, says Wharton's Jeremy Siegel
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- Опубликовано: 20 авг 2023
- Jeremy Siegel, University of Pennsylvania’s Wharton School professor of finance, joins 'Squawk Box' to discuss the state of U.S. economy, promising productivity data, Treasury yields vs. stocks, Fed's inflation fight, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/2NGeIvi
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Despite the fact that I invest, I am saddened by my inability to evaluate each company's performance and determine whether or not this is the ideal time to purchase stocks. My monetary stockpile is being depleted by inflation. At this stage, I need accurate market trajectory data, but I'm not sure what to do.
Especially in this challenging market, numerous opportunities exist to achieve impressive returns. However, executing such complex transactions requires the expertise of experienced market professionals.
Considering the prevailing economic climate, I recommend seeking a mentor or a knowledgeable advisor who can provide guidance and support.
@@Lemariecooper I wholeheartedly concur, which is why I opt to entrust the day-to-day decision-making to an investing coach. With their specialized knowledge and extensive research, it is highly unlikely for them to underperform. Their expertise is centered around harnessing the asymmetrical potential of risks while also employing measures to safeguard against unfavorable outcomes. I have been collaborating with an investment coach for more than two years, and as a result, I have generated over a quarter million dollars in returns.
@@Erikkurilla01 I have been contemplating pursuing that approach myself. I currently hold a substantial number of stocks, but their value has begun to decline, leaving me uncertain about whether to hold onto them or sell. I believe that engaging the services of your investment coach would assist me in reorganizing my portfolio effectively.
@@jessicasquire Certainly, you can utilize a search engine to search for *STEPHANIE KOPP MEEKS* . However, I'm unsure if I should delve into this topic. Back in 2020, she garnered considerable attention. She currently oversees my portfolio and acts as my mentor
Putting well-earned money into the stock market can be over emphasized for first-time investors, unlike a bank where interest is sure thing! Well, basically times are uncertain, the market is out of control, and banks are gradually failing. I am working on a ballpark estimate of $5M for retirement, and I have a good 6-figure loaded up for this, could there be any opportunity for a boomer like me?
Sincerely it's best to seek an advisor right now, unless you're canny yourself. As a business owner in both the service industry and eBay reseller of all product categories, I can tell you we’re in a deep recession and everyone is running out of money.
Very true, people downplay advisors role, until burnt by their mistakes. I remember just after my layoff early 2020 amidst covid outbreak, I needed to stay afloat, hence researched for license advisors.
Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?
My consultant is NICOLE DESIREE SIMON, She has since provide entry and exit points on the securities I focus on. You can look her up online if you care for supervision. I basically follow her trade pattern and haven’t regretted doing so
Impressive, i’ll most definitely check her out. I buy the idea of employing the services of a Financial Advisor
Transparency is one of the key characteristic of Zane's approach to investing. Zane believes in keeping his investors well-informed about the progress of their investments, providing regular updates and reports. This level of transparency allows investors to have a clear understanding of their portfolio's performance and make informed decisions.
He is on instagram
# Zaneomarfx
Dividends from the stock market encouraged me to begin investing. What matters, in my opinion, is that if you invest and make additional money in addition to dividends, you will be able to live off of dividends without selling. It implies that you can provide that benefit for your children, giving them a head start in life. I've invested more than $600K in dividend stocks throughout the years; I'm currently buying more today and will continue to do so until the price falls even further.
I wholeheartedly concur, which is why I appreciate giving an investment coach the power of decision-making. Given their specialized expertise and education, as well as the fact that each and every one of their skills is centered on harnessing risk for its asymmetrical potential and controlling it as a buffer against certain unfavorable developments, it is practically impossible for them to underperform. I have made over 1.5 million dollars working with an investment coach for more than two years.
@@danieljackson87 Wow, that sounds great, but how can I contact your investment coach?
There are many financial coaches who excel in their profession, but for the time being, I employ Julie Anne Hoover because I adore her methods. You can make research and find out more.
@@danieljackson87 I greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look her up and send her a message. You've truly motivated me. God's blessings on you
Stocks extended their year-to-date rally following the CPI report, with the S&P 500 last up 0.8% in afternoon trading. but I don't know if stocks will quickly rebound for a few weeks, .I am under pressure to grow my reserve of $250k.
I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
Literally no one is saying bonds are good over 20 years. Ppl are saying they are a good risk return now since the market is so overvalued
It’s not overvalued
They’re starting to talk down to their audience.
@@ThomasShelby-xz2fk The Buffett Indicator (aka, Buffett Index, or Buffett Ratio) is the ratio of the total United States stock market to GDP. As of July 31, 2023 the ratio is calculated as:
Aggregate US Market Value: $48.97T
Annualized GDP: $26.91T
Buffett Indicator: $48.97T ÷ $26.91T = 182%
This ratio fluctuates over time since the value of the stock market can be very volatile, but GDP tends to grow much more predictably. The current ratio of 182% is approximately 51.35% (or about 1.7 standard deviations) above the historical trend line, suggesting that the stock market is Overvalued relative to GDP.
@@ThomasShelby-xz2fk by what metrics it not overvalued?
You can't be general with statements about over 100,000 US Publicly traded companies. Some overvalued, some near 52 week highs, some heavy debt, some with lower forecast earnings and sales.
People are not saying LONG term hold. The bond play is a 2-5 year play for a 20-30%+ gain
Transfer of wealth usually occur during market crash, so the more stocks drop, the more I buy, in the meanwhile I'm just focused on making better investments and earning more as recession fear increases, apparently there are strategies to 3x gains in this present market cos I read of someone that pulled a profit of $350k within 6months, and it would really help if you could make a video covering these strategies.
you have to get a financial-advisor/broker to aid you diversify your portfolios to include commodities, inflation-indexed bonds and stocks of companies with solid cash flows, as opposed to growth stocks where valuations were based on future potential earnings,
very true, I started investing before the pandemic and that same year I pulled a profit of about $600k with no prior investing experience, basically all I was doing was seeking guidance from a financial-advisor, you can be passively involved with the aid of a professional.
@@ScottArmstrong12 I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?
credits to Dawn Maureen Humphrey , one of the best portfolio managers out there. she is well known, you should look her up
@@ScottArmstrong12 I just looked up the broker you suggested on Google and I'm incredibly impressed with her credentials, so thank you for sharing. I'm going to send her an email right away.
As a soon-to-be retiree, keeping my 401k on track after a bumpy 2022 is a high goal. I've read about investors generating up to $250k ROI in this present sinking market; any suggestions for increasing my ROI before retirement would be greatly appreciated.
Yes, you are right. it's been a brisk tailwind for lnvestors in US stocks over the decades but it is still a delicate season now, so I advise you to consider the guidance of a financiaI advisor.
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one.
Salvatore Fortunato Sofia. You can easily look her up, she has years of financiaI market experience.
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
50 years of history: $10,000 invested in Money market funds in 1973 is now worth $94,195.
$10,000 invested in the S&P 500 is now worth $ 1,467,617. And the 1973 starting date is just before a bear market that caused a 45% drop in the S&P.
How much would you have if you would have sat out that 45% drop and invested in bonds, then bought in?
@@TheBoomtown4 Warren Buffett and Peter Lynch have said repeatedly that NO ONE can predict the stock market. If you could predict the next 45% decline , you could use leverage to short the market and become very wealthy.
15.84% on the 10 year Treasury in 1981...
sure, but inflation was 10.3% in 1981. Bonds are only good if you can time the inflation top.
Not gonna happen again
You buy bond ETFs on the long end like TLT and capture the appreciation as rates are cut.
Well, that's the key phrase, Mr. Siegel... "long run". A lot of people are in their elderly years and don't frankly have a "long run." They need somewhere to park their valuable nest egg without worrying about a stock market downturn that could take half their wealth and never return it in their lifetimes.
He specified "for those who are young" and have a long run ahead. Absolutely different if you're already in or near retirement. But then again... What kind of money are you bringing in that you need to find places to allocate it? Good for you! 🤑🙏🏼🏛
What if I’ve got my money in bonds paying a 5% coupon, the market crashes, interest rates drop and I can dump my bonds for a profit, which I then use to buy cheap stocks?
They don't tell you this. 😅
Interest rate drops will also increase stocks. I'm also considering buying some long-term bond ETF shares to get a capital gain when interest rates drop, but that's a short-term play. Over the long run (20+ years), stocks will do better
amen
@@ryann8348 I’m already half into a bond etf, if they raise rates it’ll take a beating because they’re continuously selling holdings I guess.
Yes but many people wait way to long. Timming the market is a fools errand
I’m long $TLT right here. Downside is limited upside is good. Long duration bonds can move significantly in value. This is a better risk reward trade then most stocks right now.
🤔 what is the risk reward you are referring to in a continuously changing financial economy?
Ok then.
we will see who’s right. If you were smart you’d start a position here and look to add.
HFSP
@@masterstacks2030 yeah you will
Thats definitely spot on. Stocks are WAYYY better than 5% fixed income... Thats if you pick the right stocks tho. There is little doubt about that, as stocks historically return 7% after inflation. My wife and I are currently adding a variety of stocks/ETF to my present holdings for the long term, We've started following inflation-indexed bonds and stocks of companies with solid cash flows, I believe it is a good time to capitalize on the market for long-term gains, but it also wouldn't hurt to know means of actualizing short term profit.
The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.
@ambertraceyyy According to a recent investopedia report, demand for portfolio coaches has surged by more than 41.8% since the epidemic. Based on my own experience, I can confidently state that these coaches have superior skill sets, since I was able to raise over $700,000 in just 14 months after employing one. Thats a way better option
@georgeh I’m new to all this, heard it's a good time to buy and basically I've just got cash sitting duck in the bank and I’d really love to put it to good use seeing how inflation is at an all time-high, who is this coach that guides you, mind I look them up?
@jessicawesbond Sure, the advisor that guides me is HEATHER LEE LARIONI, I got to know her through my wife. It's my wife that has her contact, but you could further investigate her credentials and contact her yourself. She's well-grounded and known, shouldn't be a hassle finding her page.
@georgeh Just copied and pasted Heather Lee Larioni on my browser and her page popped up immediately. I think I may have seen this name in some reviews, but I'm not sure. I'll keep an eye on her. thank you for saving me hours of researching.
I was waiting for the Judge to bring down the Gavel on Steve.
I thought this was an INVESTMENT channel, not a stock channel? As an individual INVESTOR (not speculator), I need both lower & high volatility investments to give my portfolio balance for both long term growth and the ability to weather a downturn. If you’re only a stock channel it’s time for me to make a change.
No, Its a trading channel.
What ever happened to every little bit helps? What he should be saying is bonds are a safe way to offset your riskier investments
such a great video clip !
"Past performance is no indicative of future results." Just because the market has always gone up in the past doesn't mean it will continue to go up in the future. Depending on the situation, a 5% guaranteed return starts to look very compelling compared to a 10% return with risk. I used to keep my emergency fund in a very conservative funds but at these rates 5% guaranteed there is no point.
Fantastic dialogue. No bulloney or word salad or pomposity!
Oh ffs, the reductiveness of this conversation was completely asinine. Presuming a bond purchaser will hold to maturity in an environment in which there is a stampede to safety from equities is beyond journalistic malpractice. Long-dated bonds can move in price as much as 15% for every 100 bips the Fed peels away. But Siegel seems blissfully ignorant of this unavoidable math (or maybe wary of mentioning it for some reason).
What a waste of airtime this discussion was.
Now with the recent economy, to be financial FREEDOM you have to be making money while you are asleep
What opportunities are there in the market and how do I profit from it?
Amazing seeing others with Mrs Tiffany, I started my investment wit $15,00'0, a week later, we had grown to $55,000, this woman!! absolute genius
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try it's huge return is awesome. I can't say much.
This guy has been wayyyy off for years now.
How so?
Yes, please share
No he hasn't.
I must have done it backwards... I was taught 10% was the growth target... so I invested in corporate bonds that paid 10%... then when the investment got to $1 million I pulled the funds and bought short term t bills... and then just took the interest funds being made and used that to live on... the target of fixed income was not to go over the medicare IRMA limit of $190K/yr... so after I added up the SS and a small pension I knew how much more I needed to reach the target of $190K/yr of combined income from SS/pension/bonds.... so far its worked perfectly for that Target... you just need to plan on the RMD not pushing the fixed income over the $190K target.... if you have everything paid off then you can live pretty well on $190K/yr
What's your email? You sound knowledgeable, and experienced.i want to interview you
You can live on $20k a year if you have everything paid off. $190k a year means you're RICH!
@@keto6789 depends where you live... my property taxes are $20K/yr....
@@dixter1652 Mine are $3500
@@dixter1652 Downsize. Live within your means. I've never had $100k a year, let alone $190k. If I made $100k a year I'd be rich imo. I don't know anyone in my neighborhood that makes $190k a year. The average in my neighborhood may be $50k max. I know a lot of people living in less than $50k a year.
Sure Jeremy, stocks are WAYYY better than 5% fixed income... IF YOU PICK THE RIGHT STOCKS
All the evidence point that stock picking is a fools game. All about index funds...
Still dont see why TQQQ is that expensive even with higher premiums. Look at its performance versus any positive equities (no shorts) anything during any period.
index funds... 9% on average.
@@chrisconnell8464 I picked nvidia at $125
You pick all of them
My life time stock beat bond by far. But now 5% interest and PE20 stock, i go for bond.. stock is expensive at the moment.
There is no question about it as equities statistically return 7% after inflation.
NVDA and TSLA even better!
Cnbc being transparent as heck. They keep talking up equities over bonds, because cnbc makes money when more of us buy stocks. However, there are many situations where bonds make sense. Falling GDP, sticky high inflation, Powel saying rates need to go up more, these are all good reasons to own bonds. 50% of my money is going towards that 5% bond yield right now. As for the other 50%, everytime I stick it in the stock market, I lose some. Go figure.
I love it!
Every time I hear this guy, I wonder how did he get hired at Wharton? 😅
Well. Wharton accepted Donald Trump as a student so that tells you something.
Because he's great at confusing people. 🤪 😆
Mr. Siegel shared his perspective on wealth creation; Steve, it seems you already got your wealth and are in the wealth preservation mode.
These guys have a different opinion every week! Lol 😆
I've bought most of your stocks picks but I'm still unable to make profit. However, a few investors I read about were able to make profits of upto $50,000 monthly, so am I doing something erroneous? please i need some hints on how to make enormous profit
If you’re new to investing or have a more complex financial situation, It can be helpful to work with a financial advisor who can provide personalized guidance and help you make informed investment decisions.
I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $100k in value stocks and digital assets,Up 800k so far.
@@Redwood4040 Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?
@@AddilynTuffin My advisor is “Sharon Louise Count”. She has since provide entry and exit points on the securities I focus on. You can look her up online if you care for supervision. I basically follow her trade pattern and haven’t regretted doing so
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
Ya, but tactically it still makes sense to allocate to treasuries right now because stocks are just nuts. Just last month this guy was pumping up a bull market rally. If you had bought stocks at that level, you may not get any return for the next 5 years. He's a permabear, always take his comments with a grain of salt.
He pump and dump, a big liar
There's my boy Roy Dalio!
Bonds needs to be green for a little bit before the year ends, I'm holding until then ( loosing $20) doing the same with stocks
Losing not loosing
I'm wondering if this is peak bond bearishness. You're at multi-decade levels. Bonds have no purpose on TV. Social media thinks they're dead. TLT sounds like a great buy 😸
What's the return? -23% the last 5 years?
@@keto6789 probably somewhere around there if you annualize. Absolutely terrible the past 2 years which is what makes it so spectacular. This isn't a company that is going down . This is a treasury yield that directly correlates to the function of the US government. Reversion to the mean is a thing for a variety of reasons. Like you don't buy bonds when they are constantly going up. You don't buy bonds in 2021. You buy bonds at the end of a tightening cycle when yields are high. TLT has virtually been cut in half from its high. If that doesn't make you downright greedy, I don't know what to tell you
Best news ever!!! Booming economy!!! Unfortunately the data is flawed along with the professors logic. Things are bad and we all know it’s gonna get worse, false data can’t change that.
All these financial "experts" on wall street, talking heads on tv, and in universities dont have a clue. But they have to pretend they do because their livelihood depends on it.
Abd their rational for recommending stocks? "This is a stock market channel." 💁 U can't make this stuff up.
If you have to convince others stock is better than bond, stock is in trouble.
Other way around
😂 @ Steve.. “I’m gonna try..”
Bonds are only good if you already have substantial wealth lol like 6 figures plus, anything less and the opportunity cost is too great
Exactly. I love these 20 somethings on reddit with $5k portfolio and 30% bonds lol!!
Americans believe in magic running the economy. 😂
Always tremendously enjoy any segment with Dr. Seigel! And..he never said to have ALL of one's assets in stocks..a real "epiphany" for me, was when I read, "The Millionaire Next Door", many years ago..where it stresses the importance of having a ten year "Go to hell fund". Treasuries are just FINE, but only for short to intermediate reserves.
Wharton 😂😂😂😂 the school that made Trump.. 😂😂
YOOOOOOOOOOO Chill
TDS alert 🚨
This guy also said inflation was temporary 2 years ago😂
Its down to 2%. It is.
You can get 5% tax free income in muni bonds. Why would you if you're making good income put money in stocks ...unless you are twenty years old and have the years to stay in index etf. But if you are fifty years old buy the muni at 5%.
50 is young. My father still works full time at 82. 5% sucks! Doesn't even beat inflation and you'll make more in an index fund like QQQ.
@@keto6789 if you are wealthy 5% tax free is equal to 7 and half percent taxable.
7 plus percent on a tax free investment never mind sleeping at night not worrying about if the technology stocks you bought are going bankruptcy or something else happens like a bad income report 50 % loses like in 2022 and 2000... I personally don't think you understand Muni bonds , the overall advantage of ownership. If you're Dad is still working at his age god bless. I been out of my own technology business sold it for major upside. Wouldn't be in anything else but Muni bonds. But you have to have the taxable income to make them play in your benefit. Investment like QQQ is gambling on technology. Nothing more or less..
Facts
Stock Market FTW for obviously.
Long term wealth does not include government promises LOL
Crazy valuations. Good luck.
That's what they said when NVDA was at $150, now its at $460!
@@keto6789 ok...and?
$25 wife appetizer ? That's how the 1% live large ! For $25 I get a full meal for me and the ball and chain, tip included !
This guy has no idea what real day to day inflation is like for people that don't have millions in savings....
Well if he can do it, so can everyone
Don't try to predict the future. Just follow the momentum of whatever has performed the best over the past 6-12 months. But you should be checking that momentum each month.
PUMP IT, BUY NVIDIA AT 30000 PE
I made 140% return on nvda. Ill be saying that next year also
Bonds are for the rich. Stocks are for the middle class.
I'll park some money in money market collecting 5% while I'm waiting for lower stock prices.
Wish u a good time committing the one of the most common mistakes lol ….
Time in the market beats timing the market.
@sw8706 I already own tech and I'm older retired ,so I've made my $$ no need to take on to much risk
@@woox200sx not timing ,made my $$$ a plenty ,retired and don't need too much risk
Have fun waiting ...
Investing in stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. hence I will suggest you get yourself a financial- advisor that can provide you with entry and exit points on best stocks to buy now or put on a watchlist.
Stock market is perfect they say, it isn’t so the market makers could have all the advantage this asset has to offer
Professional assistance will get you a good stock lucrative ROI and skip lots of profit los
I’m getting to understand the stock ETF’s market properly, Working with MRS AVA KIMBERLY trading services I see how broad and profitable trading the stocks can be. I’m pleased to be under his mentorship
@@eddiet.campbellMind explaining further?. I’m a newbie and I don’t know how to trade stocks
@@PeterLDembyMrs Ava Kimberly trading services?. She does a great job for me as well trading the stocks commodity, the ability to create strategies that works in accordance with the market trends & signals is something that comes easy to her.. she's good!
This guys such a shill to the market, think I’ll take bonds right now given there at 15 year lows…. He’s only factoring in the yield not the value of the underlying asset.
TLT is a great but right now.
siegel is right and the other guy unless you need the money in 6-12 months never touch fixed income and especially if you are young if you don’t wanna buy tech at least buy blue chip dividend aristocrats at these levels with growing dividends and share values
Most people who buy bond are getting 6-7% annually with investment grade and little volatility, not 5% for 2 years
How does Jeremy define "long term". He's 77 years old so I can see why long dated bonds are not attractive to him.
Some people live to 110
Matiyaga lamang kung anong meron. Basta focus po sa trade. Jan mag start mango lecta ang fed nang tax sa energy suply. So all the tax we use fir buying oil for the market trade directly sa mga petroleum corporation using the government to government. So no need to deal the leader to eny country which hv oil. . I'm sorry world bfr only want the table to help the local government but now my be its time to be a bull business of the world the table. The brics happy today 2025 diyan natin malalaman lahat anong deperensiya start na rin mag closes ang door ni central bank this sep 1. Worldwide. Want local and worldwide fiat currency need the request.. not like yesterday our central federal.. mag higipit na po kami kasi mag start po kami nang business and I want to succeed my federal cooperative
WTF JUDGE. if Wapner isn't back on Halftime, I'm gonna run over cute furry puppies.
😂 bonds are a joke
True. i have some Enron stock for sale if you are interested.
@@100perdido lmao 🤣
@@100perdidowe have regulations in place now to prevent that.
Very houmous 😂
Joe’s so obnoxious
Just another pump and dump Bs from the professor, with overvalued stock market, he want you to buy to lose money. With undervalue bond market, he do not want you to make money
Jeremy is not factoring a MASSIVE COLLAPSE in the stock market next year... not a 20% correction but a 60% correction... CAPITAL PRESERVATION...
Between 2000 and 2013 S&P500 grew by 0%. Couple of good years and these guys forget like a fish 🤣🤣🤣
Lots of companies returned 12% a year also. ASML, LIN, UNP, UNH, etc etc. That's why you don't put everything in an index. Couple of years? Try like 15 years of great returns.
Bitcoin outperformed every asset class this year (in a bear market) just dropping that out there
What good stocks are raising dividends 15% annually? BS!
Edit: @4:27
MLPs, PTP … lol or medoff?
Lets all go buy stocks at an all-time high in both their price, debt levels and P/E multiple.
While in the Ivy League of self promotion, Siegel has clearly not fully understood what really happened to the risk adjusted return on bonds vs stocks from 1929-1939 or the near half decade from 1980-2020.
🤔 is the s&p 500 index at an all time high as of today?
Stay in cash then. Have fun waiting for 3400! Might be a few years ...
@@mrcmid9132 No
@@keto6789 More like 3400 never again.
$10,000 invested 1980 to 2020. US 10 year Treasury $216,679. Sharp ratio .44
$10,000 invested 1980 to 2020 . S&P 500 $ 901,770 . Sharp ratio .52
Stocks win on absolute AND risk adjusted basis. Source: Portfolio Visualizer.
The stock market is overvalued by 1000%.
Professor bull
siegel is always wrong
Professor with zero skin in the game. It’s like listening to a broker with no personal money in the market. Academics are so dull. Prove yourself and share your audited statements. Otherwise go back to class with the other do nothings
Is simple math.
5% anual for most People will be a few dollars a Day, or most likle cents. Not to be a genios, Just do the math.
@@eljefe5858 its what i do for a living. Sorry if my rant triggered you. I try to avoid CNBC and their pumpers, but looking for the contrarian trade with everything they spew. Should remember that when you argue with an idiot, it’s a measure of my own. LOL. Just can’t handle the lies and BS. I Need more therapy. Will Powell listen to CNBC or not? That is the troll question LOL. Heading to the beach, Hilary missed my house.
2% after inflation. Inflation has been 30% a year for the past 3 years
Please share your sources
No it hasn't
He is 100% right. I am 78. I have zero in bonds. Retirement funds 100% in stocks. Up 77% so far this year . I live off Capital Gains. Forget interest rates they are peanuts
5% is nothing. That will lead to mediocrity. Stock and indexes are WAY better in the long run
this guy is a whiner
Bubble😅
They said that 10 years ago also