"What's Coming Is WORSE Than A Recession" - Patrick Bet David's Last WARNING

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  • Опубликовано: 16 ноя 2024

Комментарии • 1,6 тыс.

  • @lillyvazgueztk1410
    @lillyvazgueztk1410 19 дней назад +103

    Buying Stocks or Gold are the absolute best hedges against hyperinflation.

    • @JsotoPapito
      @JsotoPapito 19 дней назад +1

      People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.

    • @lillyvazgueztk1410
      @lillyvazgueztk1410 19 дней назад +1

      Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing in stocks is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.

    • @Miguelka67
      @Miguelka67 19 дней назад

      Market fluctuations have frustrated my previous attempts at stock/crypto investing. Ready to pivot to passive income, I'd love to learn from your journey. Share your expertise and guidance, and help me overcome my past setbacks to achieve financial stability and success

    • @lillyvazgueztk1410
      @lillyvazgueztk1410 19 дней назад

      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.

    • @lillyvazgueztk1410
      @lillyvazgueztk1410 19 дней назад +1

      If you don't want to crash and burn, you should seek the advice of a fiduciary counselor when you first start out. Fiduciary-counselors have exclusive information and data paths that are not available to the general public. Understanding the direction of my Fiduciary-counselor *Tracy Britt Cool Consulting*

  • @allisonbutlerj
    @allisonbutlerj Месяц назад +1156

    Biggest lesson i've learnt in 2024 in the stock market is that nobody knows what is going to happen next, so practice some humility and follow a strategy with a long term edge.

    • @hannahbrownnn
      @hannahbrownnn Месяц назад +5

      Nobody knows anything; You need to create your own process, manage risk, and stick to the plan, through thick or thin, While also continuously learning from mistakes and improving.

    • @KevinEvans-mq4ob
      @KevinEvans-mq4ob Месяц назад

      That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this coach?

    • @JanAlston-kd6yl
      @JanAlston-kd6yl Месяц назад

      I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

    • @Rauffca
      @Rauffca Месяц назад

      ​@eliseduffyfxx Where shoud we look to find that type of guy?

    • @michaelmcintoshatky
      @michaelmcintoshatky Месяц назад

      I know what is going on inflation is making the stock market seem strong but if you take inflation into account most of not all stocks are getting weaker. Lol

  • @robertbrady3783
    @robertbrady3783 Месяц назад +1217

    Kill that background music. I couldn't bear to watch more, even though your content is excellent.

    • @ArcheNova1resistance
      @ArcheNova1resistance Месяц назад +114

      That stupid music is a torture!

    • @isaacfripp5246
      @isaacfripp5246 Месяц назад +61

      Work on your focus guys.

    • @DeJangum1231
      @DeJangum1231 Месяц назад +39

      I was fine until reading this :((

    • @rikirex2162
      @rikirex2162 Месяц назад +18

      music?...what music.

    • @Dexterosa
      @Dexterosa Месяц назад +25

      Yes. And the hyped up speed, tone of speech that resembles the technique when one is trying to emotionally get you in mode of just acting "on it" in compliance without having time to process it.
      I usually stop video after every few words to give myself time to "cool down" and dont let it emotionally effect me. Or just stop watching it altogether.

  • @caseybills5517
    @caseybills5517 Месяц назад +771

    Stability is a result of our economy's struggles with uncertainty, housing issues, foreclosures, global volatility, and the pandemic's consequences. To restore stability and promote growth, all sectors must respond quickly to concerns about growing inflation, slow growth, and trade disruptions.

    • @cowell621
      @cowell621 Месяц назад +2

      Consider hiring financial advisors, estate planners or tax experts. They can provide specialized knowledge and help you navigate complex financial decisions.

    • @StacieBMui
      @StacieBMui Месяц назад +1

      Having an investment advisor is currently the best way to approach the stock market. I was going alone, but it wasn't working. I've been working with an advisor for a while now, and last year, I achieved over 85% capital growth minus dividends

    • @LiaStrings
      @LiaStrings Месяц назад

      Awesome.. Please I would love to know or get in touch with your investment advisor. I could really use such expertise in growing my portfolio now that the entire markets is uncertain

    • @StacieBMui
      @StacieBMui Месяц назад +1

      There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Sonya Lee Mitchell’’ for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

    • @grego6278
      @grego6278 Месяц назад

      I just checked her out on google and I have sent her an email. I hope she gets back to me soon.

  • @JamesScott433
    @JamesScott433 17 дней назад +1605

    I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement of about $150k. I want to know: Do I keep contributing to my portfolio in these unstable markets, or do I look into alternative sectors?

    • @geraldt331
      @geraldt331 17 дней назад

      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.

    • @yeslahykcim
      @yeslahykcim 17 дней назад

      True. Having the right financial planner is invaluable. My portfolio is well-matched for every season of the market and recently hit 90% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, though this could take till Q3 2024.

    • @lucaswilliams9992
      @lucaswilliams9992 17 дней назад

      impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now

    • @yeslahykcim
      @yeslahykcim 17 дней назад

      Credits goes to "Mary Elizabeth Fugelsang" one of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.

    • @codeblue11
      @codeblue11 17 дней назад

      I just googled her now and I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.

  • @VanChuong-on2gh
    @VanChuong-on2gh Месяц назад +1231

    Housing crisis, health crisis, cost of living crisis, debt crisis, inflation crisis, EU war crisis, middle East crisis, bank crisis, retirement crisis. How many crises can a koala bear?

    • @mandyyonge
      @mandyyonge Месяц назад +10

      I was just thinking the same... I'm approaching retirement with comfortable millions, yet scared of leaving my savings in the bank, pondering if I should just buy gold to preserve and grow my money

    • @TommyChong677
      @TommyChong677 Месяц назад

      gold to me is an inflation hedge for long term, but not quite profitable in the short run, you can get more insights or guidance from financial advisors

    • @anabelThomas-yo2xw
      @anabelThomas-yo2xw Месяц назад

      Investing with an advisor changed my life. I retired as a millionaire at 55 after working as a teacher for 32 years, earning over $100k annually. The COVID-19 lockdown pushed me to supplement my income with stocks and alternative investments.

    • @HarunTosun-wg4rc
      @HarunTosun-wg4rc Месяц назад

      bravo! I've worked in real estate for over 25 years and have neglected a major stock portfolio, but I need a different plan now... mind if I look up the professional guiding you please?

    • @anabelThomas-yo2xw
      @anabelThomas-yo2xw Месяц назад

      I have a female advisor named Camilla Marie Fuller. I recommend researching her. To be very honest, I'm glad I decided to let someone handle expanding my finances even though I almost didn't think I should.

  • @danieltaylor--65
    @danieltaylor--65 7 дней назад +1302

    There are lots of mixed opinions about stocks and there projection in the next coming years, I aim for short term solid gains from market correction and I'd definitely jump on the boat if I knew a thing or two about day-trading. I'm just looking for the right moves to grow and hedge my stagnant reserve of $490k from inflation.

    • @JenniferDavis7630
      @JenniferDavis7630 7 дней назад +3

      Concentrate on two main objectives. First, keep yourself safe by knowing when to sell stocks in order to limit losses and maximize gains. Second, get ready to benefit from market changes. I advise consulting a Financial Consultant or other professional for advice.

    • @donaldwayne7023
      @donaldwayne7023 7 дней назад +2

      It's wise to stay proactive and diversify assets to manage risks during uncertain times. I’ve delegated my financial management to a consultant after facing a major downturn in late 2019 during the COVID outbreak. Today, I'm semi-retired and about 25% short of my $1 million retirement target after making additional contributions.

    • @debbygradley25
      @debbygradley25 7 дней назад +2

      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 portfoIlo allocation

    • @donaldwayne7023
      @donaldwayne7023 7 дней назад +1

      'Laurelyn Gross Pohlmeier' a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

    • @Angelinacortez495
      @Angelinacortez495 7 дней назад +1

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

  • @Natalieneptune469
    @Natalieneptune469 Месяц назад +450

    The average person has never been so poor. Millions of families are struggling financially as living expenses hit the highest levels in more than four decades. Over 60% of our country lives paycheck to paycheck and about 40% earns poverty wages. Even after working all their lives, more than a quarter of older people have no savings and many believe they will never be able to retire in dignity, while around 55% of elderly people try to survive on an income of less than 25,000 a year.

    • @rannyorton
      @rannyorton Месяц назад +1

      Biden is worst thing that happened to us

    • @belljoe
      @belljoe Месяц назад +11

      TRUMP 2024

    • @tradekings5433
      @tradekings5433 Месяц назад +3

      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.

    • @belljoe
      @belljoe Месяц назад +1

      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?

    • @tradekings5433
      @tradekings5433 Месяц назад +2

      Julia Hope Marble 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..

  • @Vivienedouglass
    @Vivienedouglass Месяц назад +1692

    I foresee a recession lasting a while, and if inflation continues to surge, the Federal Reserve will likely raise interest rates again. Inflation is causing various issues worldwide, such as food shortages, scarcities of diesel and heating fuel, and significant spikes in housing prices, leading to a potential financial market crash. This global downturn could have long-lasting repercussions. Given the current inflation rate and market crash, my main worry is how to optimize my savings and retirement fund, which has remained stagnant at around $300,000, yielding almost no gains for quite some time.

    • @AmithKaury
      @AmithKaury Месяц назад +3

      Numerous opportunities exist to achieve substantial profits at present, but executing high-volume and nearly flawless trades requires the expertise of real-time professionals with an ISDA Agreement. This agreement allows investors to participate in sophisticated trades, exclusive to seasoned individuals, and unavailable to amateurs. Attempting to be a high-stakes trader without an ISDA is akin to trying to win the Indy 500 riding a llama.

    • @MickyGlover
      @MickyGlover Месяц назад +1

      I'm sure the idea of an invstment-Adviser might sound controversial to a few, but a new study by Motley-fool found out that demand for Financial-Advisers sky-rocketed by over 42% since the pandemic and based on firsthand encounter I can say for certain their skillsets are topnotch. I've accrued north of 580k within 16-months from an initially stagnant Portf0lio worth 85k.

    • @kurtKking
      @kurtKking Месяц назад +4

      People dismiss the importance of advisors until they are burned by their own emotions. I remember a couple of summers ago, following my lengthy divorce, I needed a good boost to assist my business stay alive, so I looked for qualified consultants and came across someone with the highest qualifications. She has helped me raise my reserve from $275k to $850k, despite inflation.

    • @Owenra
      @Owenra Месяц назад +2

      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?.

    • @kurtKking
      @kurtKking Месяц назад

      TRUDY ELIZABETH STOUFFER 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.

  • @DorathyJoy
    @DorathyJoy Месяц назад +949

    The recession is here, where do investors look at for wealth gains now? mortgage rates still on the rise with higher imports and lower exports, yet the Fed is to lessen cost. Something will eventually break if they keep raising interests and quantitative tightening.

    • @TinaJames222
      @TinaJames222 Месяц назад +4

      if you want to hold on to cash, put it in a safe deposit box, if you want assets, buy things people need in a shtf society, food, ammo, wood, water filters, tools, have a skill at building and fixing

    • @ScottKindle-bk3hx
      @ScottKindle-bk3hx Месяц назад +2

      when we go into recession, tech will do poorly as a sector considering what's going on in the world, while defense stocks should be doing good, but always do your own research, or speak to a valid advisor before investing your money

    • @RaymondKeen.
      @RaymondKeen. Месяц назад +2

      Agreed, I've always delegated my excesses to a pro, ever since suffering portfolio steep-down amid covid-19 outbreak. As of today, I'm semi-retired with barely 25% short of my $1m retirement goal after subsequent investments, and only work 7.5 hours a week.

    • @SandraDave.
      @SandraDave. Месяц назад +3

      truly appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?

    • @RaymondKeen.
      @RaymondKeen. Месяц назад +2

      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.

  • @oneillbilder
    @oneillbilder Месяц назад +579

    I hope it doesn't go very bad. So then do you think it's best for us who are not institutional investors to focus on index funds or individual stocks? I want to redistribute my 60k portfolio and I preferably want the asset class with the best return on investment.

    • @ilyaveysman.
      @ilyaveysman. Месяц назад +4

      Index funds are a safer bet to start. They offer good diversification. But individual stocks could make you a fortune if you know how to go about it. Some people make upper six figures yearly from investing alone. But it's always a good idea to work with a financial advisor. It raises your chance of profit by a lot.

    • @Walter_hill_
      @Walter_hill_ Месяц назад +1

      Sometimes I'm surprised most people don't even know they can do that. I've been making at least 200k every year from my investments by working with an FA. When you realise it, it feels like a life hack.

    • @Trevor_Morrow_LTD
      @Trevor_Morrow_LTD Месяц назад +1

      Wow, that's interesting . I've recently been exploring the option of working with an FA too. Any chance you could recommend who you work with?

    • @Walter_hill_
      @Walter_hill_ Месяц назад

      Vivian Jean Wilhelm 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.

    • @Walter_hill_
      @Walter_hill_ Месяц назад +2

      There are many independent advisors to choose from. But I work with Vivian Jean Wilhelm and we've been working together for almost four years and she's fantastic. You could pursue her if she meets your requirements. I agree with her.

  • @philipfletch
    @philipfletch Месяц назад +1167

    The only American who won't acknowledge this Administration's failed economic policies is Joe Biden. "Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?

    • @RoseGuerra7862
      @RoseGuerra7862 Месяц назад +4

      I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.

    • @martinheaway
      @martinheaway Месяц назад +2

      A lot of folks downplay the role of advlsors 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.

    • @JaneClark7861
      @JaneClark7861 Месяц назад +2

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

    • @martinheaway
      @martinheaway Месяц назад +7

      Amy Desiree Irish 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.

    • @JaneClark7861
      @JaneClark7861 Месяц назад +4

      I just checked her out on google and I have sent her an email. I hope she gets back to me

  • @LizaPhilips
    @LizaPhilips Месяц назад +238

    Recession! Crash! Inflation! It’s getting depressing. I have about $100k in emergency fund and I have been seeing good news about the stock market and would like to gain from that since I can’t let my savings be corroded by inflation. What stocks should I into as a newbie to safely grow my money.

    • @phillogan1
      @phillogan1 Месяц назад +3

      It’s best if you buy growth/blue-chip/large caps stocks only. Also, as a newbie its advisable you work with an investment advisor to help set up a well-structured portfolio.

    • @Johnlarry12
      @Johnlarry12 Месяц назад +2

      I was self managing but suffered heavy losses in 2022 and i knew i couldn't continue like that, so i consulted a fiduciary financial advisor. By restructuring and diversifying my $620k portfolio with dividend-paying stocks, ETFs, Mutual funds and REITs, I significantly boosted my portfolio, achieving an annualized gain of 30%.

    • @frankbarnes22
      @frankbarnes22 Месяц назад +2

      How can one find a verifiable financial planner? I would not mind looking up the professional that helped you

    • @Johnlarry12
      @Johnlarry12 Месяц назад +2

      My CFA Carol Vivian Constable 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.

    • @frankbarnes22
      @frankbarnes22 Месяц назад +2

      Thank you for sharing, I must say, Carol appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive.

  • @raymond-i2v
    @raymond-i2v Месяц назад +532

    You cannot cut your way out of recession you've got to invest your way out of recession, the Conservative party are in the dark ages on policy they've got to think again. My primary concern is how to maximize my savings/retirement fund of about £170k which has been sitting duck since forever with zero to no gains.

    • @Fred-w7t
      @Fred-w7t Месяц назад

      How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings?

    • @mrfattypancakes
      @mrfattypancakes Месяц назад

      Who is "you"?
      The Federal government can not spend its way out of recession. Citizens and businesses invest. Government spends.

    • @Jdheuwve
      @Jdheuwve Месяц назад

      So how come you haven't made money with a liberal party? 😂

  • @judynewsom1902
    @judynewsom1902 Месяц назад +483

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

    • @Theresaa12
      @Theresaa12 Месяц назад +10

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

    • @RickWatson-xu6gw
      @RickWatson-xu6gw Месяц назад +3

      Accurate asset allocation is crucial, I used hedging strategies to allocate part of my portfOlio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay finan-cially secure for over five years, yielding nearly $1 million in returns on invest-ments.

    • @BenTodd-fl8nv
      @BenTodd-fl8nv Месяц назад +3

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

    • @RickWatson-xu6gw
      @RickWatson-xu6gw Месяц назад +1

      *Marissa Lynn Babula* is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

    • @EverlyndPerez
      @EverlyndPerez Месяц назад +1

      Thank you for the lead. I searched her site up and filled the form. I hope she gets back to me soon.

  • @pearlsstephen
    @pearlsstephen Месяц назад +62

    Well explained. Thank you for bringing up this video. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject ..... Thanks to Ornstein Lindsey the lady you recommended.....

    • @MARxcgf_ae
      @MARxcgf_ae Месяц назад +2

      Truly facing this recession without investment is actually risky, salaries are easily spent off.. This inflation has taught people the importance of multiples income investment helps a lot.

    • @GEOELLA-o6v
      @GEOELLA-o6v Месяц назад

      I will love to be more informed about trading and as well start monitoring my investment and making profit.

    • @patrickedison5070
      @patrickedison5070 Месяц назад +8

      Wow! Ornstein Lindsey advice has been a blessing to I and my family. I've been able to donate to my favorite charities more than ever before. I've even started a community garden with my profits.

    • @freshfisher
      @freshfisher Месяц назад +1

      This is correct, Ornstein Lindsey strategy has normalized winning trades for me also and it's a huge milestone for me looking back to how it all started

    • @tdnurse
      @tdnurse Месяц назад +3

      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,

  • @jondahl9826
    @jondahl9826 Месяц назад +7

    I am an auto body tech in Northern CA. Our industry has been slowing down for the last 6 months. The number of uninsured drivers is way up, folks are cashing out and driving their wrecked vehicles. The last time it was like this was late 2007. I don't know anything about the market, but I know that this industry is a good indicator of how us normal folks are doing.

  • @jerryb5631
    @jerryb5631 Месяц назад +58

    When I bought my first house in 2018 my coworkers kept telling me I should have waited for the soon to be, "market correction." I'm still waiting....

    • @mikelemoine4267
      @mikelemoine4267 Месяц назад +1

      Better to overpay a bit now and start building equity than rent and build nothing.

    • @sergeantspeed5941
      @sergeantspeed5941 Месяц назад +5

      A depression is coming, the market correction is already here. The auto industry is already coming down, and the housing market has significantly stagnated and began to cool off rather rapidly in the last few months.
      I bought in 2016. I'm pigeonholed into my house because of the economy. Luckily it's a good home. But soon it won't be worth what my city claims its worth.

    • @RonBeaulieu
      @RonBeaulieu Месяц назад

      @@sergeantspeed5941auto industry is definitely coming down. Last two times I’ve been at the dealer for service I haven’t seen a single person in the showroom like a ghost town. And this is a major Toyota dealership in a large city lol

    • @EDub513
      @EDub513 Месяц назад

      @@sergeantspeed5941Be happy you were able to secure a house. A huge chunk of people that planned to buy a house over the past 3.5 years have been stuck renting due to overvalued home prices, high interest rates and inflation.

    • @pilot41186
      @pilot41186 Месяц назад +3

      A 500k home at 7% is 3300 a month. In 12 months only 500 a month went to your principal. So you pay almost 40k and you got 6k off your debt. Home prices are at a peak not to appreciate much more and your gonna pay over 1.15m for a 500k house not including upgrades and maintenance. Equity? Lol your a fool if you think paying more then double is equity. 500k home ends up worth 700k and you paid 1.15m lol don't take investment advice from anyone who can't pay cash

  • @MarcusSmith-g1l
    @MarcusSmith-g1l Месяц назад +166

    Bro said don't buy anything for 18 months back in 2021 as well though.

    • @newera7993
      @newera7993 Месяц назад +28

      I mean you would be in a good position right now if you listened.

    • @saleens330
      @saleens330 Месяц назад +5

      And imagine how low repos would be. Or how better off ppl would be.

    • @l-train7876
      @l-train7876 Месяц назад +9

      I was about to submit a mortgage application, but now idk what to do. The rate right now is around 5.6%.

    • @abc123abc99
      @abc123abc99 Месяц назад +29

      Time in the market beats timing the market.

    • @angelstankov2605
      @angelstankov2605 Месяц назад +4

      @@abc123abc99 Finally someone who understands. I don't understand all this negativity spreading. Interest rates cut, the economy is looking so bullish and then there are these guys like Patrick that scare people. Don't get me wrong, I respect PBD. But when it comes to the stock market, he is not relevant to speak.

  • @georgechang-q6h
    @georgechang-q6h Месяц назад +161

    Im confused on what etf to fund at the moment, what would be the best 5 etfs to hold

    • @aytentuncyurek3722
      @aytentuncyurek3722 Месяц назад +4

      FELG, SCHG or SPYG as cheaper alternatives for your growth section of your portfolio. SCHD, SPYD or FDVV for the dividend section of your portfolio. And if you like aggressive dividends and are tolerant to higher risk, I’d say SPYI, JEPQ, QQI and IWMI
      Personally I put down 1.3m$ on few ETFs, still diversifying. It was this time last year I made a huge break through with 200k. Handed it to a firm here in Texas, I get impressive weekly pay out which I put back on long term ETF's. IWM will probably crush it this quarter

    • @georgechang-q6h
      @georgechang-q6h Месяц назад +1

      I already added VOO and QQQM, can you share this firm with me

    • @aytentuncyurek3722
      @aytentuncyurek3722 Месяц назад +1

      Yeah, Jennifer Kristie Taylor use her name to look her up

    • @carendemoya5429
      @carendemoya5429 Месяц назад +2

      SPY, QQQ, IWM, and currently TLT. I only have 4. Jennifer’s firm grows a good portion of my diversification, I live in Connecticut.

    • @smokestrong1000
      @smokestrong1000 Месяц назад

      ishares SGOV is the safest way to get 5% a year on your money as it uses short term US treasury bonds and not companies like VOO, SPY, etc. Long term VOO or SPY, etc but if you're not going to wait 20+ years ishares SGOV

  • @austinbar
    @austinbar Месяц назад +77

    With the Fed cutting interest rates by 50 bps, what do you think will happen to the stock market? My portfolio has performed exceptionally well this year, but I am concerned about the possibility of a market crash and losing my gains though it's all on a brighter and splurging side for Gold, should I look that way?

    • @rogerwheelers4322
      @rogerwheelers4322 Месяц назад +7

      Gold is often seen as a safe-haven asset that can protect against inflation and economic uncertainty. But like any investment, it carries risks. To determine if gold is the right investment option for you, an investment advisor can help you weigh the potential benefits and risks of investing in gold. They can also help you create a well-diversified portfolio that includes gold as part of a broader investment strategy. An investment advisor can help you decide how much of your portfolio should be allocated to gold and select other investments that can complement your gold holdings.

    • @joshbarney114
      @joshbarney114 Месяц назад +7

      Investing in gold is a reliable choice, and I plan to keep buying more to make up for my losses. While silver is also a good investment, my collectibles are not as similar. It's important to have clear investment goals and educate yourself on the type of investment that interests you. I work with a financial consultant regulated by the SEC, and started small, but eventually accumulated over $800,000.

    • @FabioOdelega876
      @FabioOdelega876 Месяц назад +4

      I will like to ask, How did you achieve it? I been trying to stick with index funds. I feel this new interest rates hikes could crash this economy. I'm looking out for a better investing strategy, I have a lump sum that inflation is steady eating up.

    • @joshbarney114
      @joshbarney114 Месяц назад +7

      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 ‘’Marisa Michelle Litwinsky’’ for about two years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

    • @FabioOdelega876
      @FabioOdelega876 Месяц назад +5

      Thank you for this tip. it was easy to find your coach. and I conducted thorough research on her credentials before scheduling a call with her. Based on her résumé, she appears to possess a high level of proficiency, and I am grateful for the opportunity to speak with her.

  • @alanh4753
    @alanh4753 Месяц назад +664

    Invest in Jesus. Yields eternal life.

  • @beautifulafrica4596
    @beautifulafrica4596 Месяц назад +53

    In 2007 there were numerous headlines about a "soft landing "
    FYI, there's never, not once in history been a soft landing

    • @TakemetoSKY-ee8us
      @TakemetoSKY-ee8us Месяц назад

      Its been in and around 1994

    • @michelleeaton9282
      @michelleeaton9282 Месяц назад

      Do you think the current recession will be worse than 2007?

    • @beautifulafrica4596
      @beautifulafrica4596 Месяц назад

      @@michelleeaton9282 10x

    • @MHolt-t6y
      @MHolt-t6y Месяц назад

      Just the dumbed down people believe their Tv or media.

    • @bluefish8143
      @bluefish8143 Месяц назад

      @@michelleeaton9282 We are in the recession since 2022 lol

  • @rickypickles2219
    @rickypickles2219 Месяц назад +8

    people arent paying attention. i work in a space where i see alot of the economy and do alot in it myself….we are hanging from a very thin string. worse than its ever been. worse than 2008. what we are looking at will be worse than the great depression. clean out whatever you owe the best you can and focus on owning assets, land, and a hard focus on self sufficiency, food, and protection.

  • @richhands5269
    @richhands5269 Месяц назад +25

    My three favorite channels: FREENVESTING, Stock Brotha, & How Money Works. Make my week complete. 🔥 🔥 🔥

  • @Henry-fm9ym
    @Henry-fm9ym Месяц назад +236

    Hey, I want to start investing but don't know where to begin. Any advice or contacts for help?

    • @AspasRodriguezMikel
      @AspasRodriguezMikel Месяц назад +1

      It's wise to seek professional guidance when building a strong financial portfolio due to its complexity.

    • @Ghi-r6g
      @Ghi-r6g Месяц назад +2

      Same, I met Mr Liam watt last
      year for the first time at a conference in
      Manchester, after then my family
      changed for good. God bless Mr Liam

    • @HarryKyleChris
      @HarryKyleChris Месяц назад +2

      Investing $15,000 and received $174,000

    • @Kevin-ie1fu
      @Kevin-ie1fu Месяц назад

      YES!!! That's exactly he's name (Mrs Liam) so many people have
      recommended highly about him and am
      just starting with him 😊 from United States

    • @JeffreyLuis-dt7ov
      @JeffreyLuis-dt7ov Месяц назад +2

      Please who is this Mr Liam
      This sounds so good andI would like to
      be a party to this, is there any wayl can
      speak with him?

  • @CrystalJoy-32
    @CrystalJoy-32 Месяц назад +276

    So what are really the best strategies to make our portfolio recession proof. my wife is already panicking, so many questions! will the rate lead to inflation? I'm very worried about my $1million stock portfolio losing value. It lost 20 % today alone

    • @LuvmeRos
      @LuvmeRos Месяц назад +4

      Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions.

    • @FrankPatrick-no8zo
      @FrankPatrick-no8zo Месяц назад +4

      I concur. In light of individual experience working with a financial adviser, I presently have over $1m in a very much enhanced portfolio that has encountered dramatic development, you also need to be knowledgeable, persistent, and have strong hands to support your investment

    • @albacus2400BC
      @albacus2400BC Месяц назад +3

      Mind if I ask you to recommend this particular coach you using their service?

    • @FrankPatrick-no8zo
      @FrankPatrick-no8zo Месяц назад +2

      I work with "Monica Shawn Marti" and we've been working together for almost four years and she's fantastic. You could pursue her if she meets your requirements. I agree with her.

    • @RuthEvelyn-rc3bg
      @RuthEvelyn-rc3bg Месяц назад +1

      I really appreciate your useful advice. I was able to set up a call with her and confirm her identity. She seems incredibly knowledgeable, and I hope I'm able to connect with her.

  • @TimUsher
    @TimUsher 20 дней назад +1

    What's coming could be your finest moment. You will be your kids hero but more importantly, you get to survive and be a buyer when things go sideways, because they will. If you're prepared for a dramatic market shift in either direction, remember, the boom is always followed by a bust. Ask yourself, are we in a Boom or Bust situation right now? All the best.

  • @user-wx5fr8cp6d
    @user-wx5fr8cp6d Месяц назад +7

    This reminds me of the quote "Be greedy when others are fearful". Regardless of what's coming, those who are prepared will make this the biggest opportunity to win! This is just fact. That explains why the rich get richer and the poor gets.. fearfully poorer. You decide which side you're on.

    • @driftitlikeyouownit
      @driftitlikeyouownit Месяц назад +2

      I'm on my side ....cash can not help you survive and ut can leave. Skills and knowledge are wjat people need...money is a commodity

  • @Bridget-l7p
    @Bridget-l7p 27 дней назад +1006

    What sets top investors apart from the rest? I've got $385K in equity from a home sale and I'm unsure whether to put it into stocks or wait for a more favorable market condition.

    • @SarahTaylor_
      @SarahTaylor_ 27 дней назад +4

      Avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.

    • @DavidLucas-so8rr
      @DavidLucas-so8rr 27 дней назад +2

      Most people minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.

    • @Bako-b8j
      @Bako-b8j 27 дней назад +2

      How can one confirm a licensed advisor;,? I buy the idea of employing the services of one because finding that balance between saving and living comfortably requires maximum discipline. My goal is retiring or working less than 5 years from now. Pls, how do i get a hold of one?

    • @DavidLucas-so8rr
      @DavidLucas-so8rr 27 дней назад +1

      "Laurelyn Gross Pohlmeier," a well-known authority in this field. I would recommend looking into her credentials more because she has a great deal of expertise and is a great resource for anybody looking for advice on how to navigate the financial market.

    • @trazzpalmer3199
      @trazzpalmer3199 27 дней назад +1

      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

  • @Barskor1
    @Barskor1 Месяц назад +163

    What to buy in the next 18 months? Storable transportable food, water filtration, rifle and pistol for each adult, minimum 1k bullets for each, medical supplies, seeds, detailed travel maps, portable solar power, high end hand held radios, E,bike and trailer/s for each adult, 3 means to start fires, books on how to trap, hunt, and edibal plants. May God have mercy on us all.

    • @eserv88
      @eserv88 Месяц назад +10

      You’re the epitome of a PBD fanboy

    • @jayroc3337
      @jayroc3337 Месяц назад +25

      You’re right. If you are wrong? Then nothing is lost. Preparing for the worst is never a problem if it doesn’t happen. My great grandmother was prepared for everything and she lived a fantastic life not having to worry in a small house in the middle of nowhere

    • @Hulkscastingcouch
      @Hulkscastingcouch Месяц назад +5

      You buy in all that stuff when you’re worried about the inflation. Why wouldn’t you buy gold and silver and profit from the hyperinflation. Worried about getting by instead of making money. Thinking like that, you’ll never become a top earner. Good luck. God bless.

    • @chrisshank3632
      @chrisshank3632 Месяц назад +10

      The sky is falling The sky is falling The sky is falling

    • @garrenluce1984
      @garrenluce1984 Месяц назад

      4 months

  • @Powerz00
    @Powerz00 Месяц назад +1035

    How can I reallocate the $400k in my investment portfolio to capitalize on market volatility?

    • @SaintYvess
      @SaintYvess Месяц назад +5

      You should better diversify your portfolio to defensive assets. If you don’t have good experience you should consult with a fiduciary

    • @WestonScally7614
      @WestonScally7614 Месяц назад +6

      Accurate asset allocation is crucial, I used hedging strategies to allocate part of my portfOlio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay finan-cially secure for over five years, yielding nearly $1 million in ROI

    • @sting_grayl
      @sting_grayl Месяц назад +5

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

    • @WestonScally7614
      @WestonScally7614 Месяц назад +4

      Jennifer Leigh Hickman is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

    • @EthanMaloney-qp4lh
      @EthanMaloney-qp4lh Месяц назад +3

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

  • @ricogreen2538
    @ricogreen2538 Месяц назад +10

    When you focus on the problem and not the solution it get worse

  • @MissBrennan
    @MissBrennan Месяц назад +6

    I absolutely love these classic PBD explanations- stats and numbers make me dizzy but this guy is a MASTERCLASS in breaking it down. ❤❤❤

  • @yapaul6226
    @yapaul6226 Месяц назад +12

    im a ceo of my own company and our sales are down. we are in the food manufacturing business. every vendors and distributors we talk to are also reporting low sales. alot of restaurants dont have many dine ins, grocery stores not seeing items moving, distributors are scrambling for clients to stay afloat.. its bad and we are holding on capital and not spending

    • @MHolt-t6y
      @MHolt-t6y Месяц назад

      I am sure the cost of living has tapped out most peoples credit cards,

    • @DomenicPerone
      @DomenicPerone Месяц назад +1

      Resturants in my area are packed

  • @green_firefly
    @green_firefly Месяц назад +10

    Don't bother. This is from last year (2023).

  • @LivaHolst
    @LivaHolst Месяц назад +4

    When I hit $1 Million last year, it felt good but was kind of anti climatic. You still keep working, saving and making good choices in an unstable economic environment. However, despite market gains, my portfolio has experienced some decline, because of my FOMO. Seeking to improve it and maximize returns.

    • @LarsBergstrom-uh2eu
      @LarsBergstrom-uh2eu Месяц назад +1

      Everyone should have a safety cushion in their portfolio. While I can’t give specific advice, it’s important to talk to a fiduciary advisor for help with restructuring your portfolio.

  • @slowbastardo9101
    @slowbastardo9101 Месяц назад +130

    Can't stand this annoying background music...

  • @algernon2005
    @algernon2005 Месяц назад +8

    Please don't use music, combined with apocalyptic predictions gives people anxiety

  • @kortyEdna825
    @kortyEdna825 Месяц назад +15

    Tired of the "recession is coming!" threat. Recessive periods come along with equivalent market opportunities if you are well informed and equipped, I've seen folks amass wealth in the midst of economic turmoil and even pull it off easily in favorable conditions. Invariably, the collapse is getting somebody somewhere rich

    • @NoorJari406
      @NoorJari406 Месяц назад +3

      Choose quality stocks and follow them up. If you're not one for such complexities, work with an Advisor to grow your portfolio. You can't go wrong with a sound CFA.

    • @Justinmeyer1000
      @Justinmeyer1000 Месяц назад +2

      You're right, I and a few Neighbors in Bel Air Area work with an advisor who prefers we Dollar cost averaging across other prospective sectors instead of a lump sum purchase. Following this, my portfolio grew by more than 40% in the 2nd quarter.

    • @PatrickFitzgerald-cx6io
      @PatrickFitzgerald-cx6io Месяц назад +2

      I'm intrigued by this. I've searched for portfolio managers online but it's kind of hard to get in touch with one. Okay if I ask you for a suggestion?

    • @Justinmeyer1000
      @Justinmeyer1000 Месяц назад +1

      I've stuck with ‘’Aileen Gertrude Tippy’’ for about 9 months now, and her performance has been consistently impressive. She’s quite known in her field, look her up.

    • @PatrickFitzgerald-cx6io
      @PatrickFitzgerald-cx6io Месяц назад +1

      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 resume.

  • @Henryben-l9i
    @Henryben-l9i Месяц назад +37

    Overall, most investors like me still think this year would favor stocks, and other equity-based investments over cash-like investments. I’m only looking for opportunities in the market that can yield huge profits and hedge against recession.

    • @Bobhenry-c7z
      @Bobhenry-c7z Месяц назад +3

      Knowledgeable Investors know where and how to put money in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage market conditions.

    • @rebeccaartgallary
      @rebeccaartgallary Месяц назад +2

      @@Bobhenry-c7z Agreed, having a fiduciary guidance can be a smart move sometimes. I remember amid covid-19 crash, I really was having investing nightmare prior touching base with an advisor and as of today, I've accrued nearly $1m from a shaky $400k portfolio. No gimmicks!

    • @DeannaPeters-lz8we
      @DeannaPeters-lz8we Месяц назад +3

      @@rebeccaartgallary That's really great. I've tried doing some research myself to hire a financial advisor, but it's really overwhelming. Could you recommend who you work with please?

    • @rebeccaartgallary
      @rebeccaartgallary Месяц назад +2

      @@DeannaPeters-lz8we Her name is. Sharon Crump Cline. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

    • @DeannaPeters-lz8we
      @DeannaPeters-lz8we Месяц назад +1

      ​@@rebeccaartgallary Thank you for the lead. I searched her site up and filled the form. I hope she gets back to me soon.

  • @armandoweckmann5699
    @armandoweckmann5699 Месяц назад +2

    I'm so happy I paid off my mortgage in March 2020. I also paid all my other debts, including my vehicles. I literally was able to save so much cash! I quit my 6-figure income job to start my own consulting business. My rental income alone allows me to live without any income if i want. If this economy tanks, so many things will go on sale!! Only the ones with cash will capitalize. I never imagined I would be in those privileged circumstances. I hope for everyone's sake that the economy doesn't tank. But if it does im prepared to buy the dip.

  • @MHolt-t6y
    @MHolt-t6y Месяц назад +9

    "The sheep spend their whole lives fearing the wolf, only to be eaten by the shepherd.

    • @Gforu81
      @Gforu81 Месяц назад

      Love this

  • @Micfri300
    @Micfri300 Месяц назад +22

    Gold is 25% up this year and we are only in September.

    • @petruflorintofoleanu5865
      @petruflorintofoleanu5865 Месяц назад +5

      just wait ✋️ to see when Bank of America or J P MORGAN have problems with liquidity

    • @jessreitmeyer2862
      @jessreitmeyer2862 Месяц назад +2

      BOOM

    • @Joy-Marie369
      @Joy-Marie369 Месяц назад +2

      Silver about to boom too!

    • @marasegal1849
      @marasegal1849 Месяц назад

      ​@@petruflorintofoleanu5865Didn't Bank of America have accounts where the money disappeared?

  • @stylzgohardvip
    @stylzgohardvip Месяц назад +19

    I know something is going on because they playing with my credit scores … I have paid full debts off and some of my reports aren’t reporting and when it report my scores are only moving up a little bit ! Tf I’m working like a dog to get all my credit cards / debt paid in full by the end of this year !!!

    • @MHolt-t6y
      @MHolt-t6y Месяц назад

      Why is there a debt?

  • @Natella3312
    @Natella3312 Месяц назад +55

    Why to use annoying background motives? Just to drive people nuts-! Imaging a class room with this kind of background noice during the studying process! Wrong broadcasting!

    • @importantsomeone153
      @importantsomeone153 Месяц назад

      stop supporting terrorism regime change give up hate against jews blacks asians learn how to respect woman then come and talk

  • @Omarvazcar1
    @Omarvazcar1 Месяц назад +8

    Great information thank you THE BACKGROUND MUSIC is distracting

    • @Sunbeach7777
      @Sunbeach7777 Месяц назад

      You have a down volume and use it. You can't focus, that's your problem.

  • @iceewicc
    @iceewicc Месяц назад +2

    If we all don’t buy anything for 18 months, nobody also sells anything for 18 months. If nobody buys anything from where I work for a lot less time then that and this business is history.

  • @markmiller104
    @markmiller104 Месяц назад +4

    Love what was being said. The background music is what I can't handle 😵‍💫

    • @Sunbeach7777
      @Sunbeach7777 Месяц назад

      You have a down volume and use it. You can't focus, that's your problem.

    • @markmiller104
      @markmiller104 Месяц назад

      @@Sunbeach7777 thanks. I will learn to focus more lol

  • @Omarvazcar1
    @Omarvazcar1 Месяц назад +41

    Is coming is coming is almost here , I have heard that for 4 years

    • @stefaniefreebird6687
      @stefaniefreebird6687 Месяц назад

      Remember that movie "Zeigeist" that came out in 2007.

    • @ajimenez8664
      @ajimenez8664 Месяц назад +4

      The boy cried wolf a lot of times, but in the end, the wolf did indeed came.

    • @marasegal1849
      @marasegal1849 Месяц назад

      And you don't see that BRICs is a world economic changer? If you don't, you are blind and it will hit you hard.

    • @LLCOOLJARED1
      @LLCOOLJARED1 Месяц назад

      ​@@ajimenez8664 come*

    • @edelgado5814
      @edelgado5814 Месяц назад +2

      I heard this in 2020. Covid

  • @kyles234
    @kyles234 Месяц назад +3

    We are already living in worse financial times that the great depression of the 30s. Calling this a recession is gaslighting

  • @DonaldMark-ne7se
    @DonaldMark-ne7se Месяц назад +5

    Rate cuts commence in June 2024, taking 6-8 months to complete. A potential crash, if any, might occur by March 2025. The soft landing narrative is gaining traction, making this big recession everyone is calling for less likely. With $1 million from a business sale, I'm seeking profitable investment opportunities for the next 3 years.

    • @Jamessmith-12
      @Jamessmith-12 Месяц назад +4

      The stock market is a way to hedge against inflation. Most notably amidst recession, investors need to understand where and how to allocate funds to hedge against inflation and still make profits.

    • @kevinmarten
      @kevinmarten Месяц назад +1

      in my opinion, the impact of the rise or fall of the U.S. dollar on investments is multi-faceted but learning how to grow your money has never been easier than now that you can explore and experience a truly diverse marketplace passively by using a well-performing portfolio-advisor.

    • @JacquelinePerrira
      @JacquelinePerrira Месяц назад +3

      I've been in touch with a financial advisor ever since I started my business. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.

    • @kevinmarten
      @kevinmarten Месяц назад +3

      Could you possibly recommend a trustworthy advisor you've consulted with?

    • @JacquelinePerrira
      @JacquelinePerrira Месяц назад +3

      'Carol Vivian Constable, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

  • @TaggeGust
    @TaggeGust Месяц назад +236

    I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Brooke Miller.

    • @AnthonyJustice-i9x
      @AnthonyJustice-i9x Месяц назад

      I'm surprised that you just mentioned and recommended Brooke Miller, I met her at a conference in 2018 and we have been working together ever since.

    • @lapetiteblonde
      @lapetiteblonde Месяц назад +1

      The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.

    • @ZahirFriedman
      @ZahirFriedman Месяц назад

      She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states

    • @sarapalin
      @sarapalin Месяц назад

      I'm new at this, please how can I reach her?

    • @TaggeGust
      @TaggeGust Месяц назад +1

      she's mostly on Instagrams, using the user name

  • @Grace.h-t8o
    @Grace.h-t8o Месяц назад +5

    Honestly, this concerns me and has left me uneasy. Especially this potential depression, no more a recession. I'm unsure about my $130K account strategy, considering the uncertainty of this whole recession mostly.

    • @Thompson-e7h
      @Thompson-e7h Месяц назад +3

      If you lack knowledge about market investing tactics, get advice from a financial counselor.

    • @Helen_white1
      @Helen_white1 Месяц назад +4

      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.

    • @Theodorebarba
      @Theodorebarba Месяц назад +3

      I could really use the expertise of this advisors.

    • @Helen_white1
      @Helen_white1 Месяц назад +2

      I have a female advisor named Jessica Dawn Walters. I recommend researching her. To be very honest, I'm glad I decided to let someone handle expanding my finances even though I almost didn't think I should.

    • @berniceburgos-
      @berniceburgos- Месяц назад +1

      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.

  • @unitedbolts8053
    @unitedbolts8053 Месяц назад +3

    18 months? I'm 18 years without buying stuff. I only buy food, gas, rent and electricity.

  • @mandeepeterson2297
    @mandeepeterson2297 Месяц назад

    I purchased a small home this year and used the funds from selling my deceased mother's home to do it. No mortgage for me, and my real estate agent mentioned to me that her sell rate is way down for the year. What sales she's been making have been cash sales.

  • @petruflorintofoleanu5865
    @petruflorintofoleanu5865 Месяц назад +17

    LUCK IS WHEN PREPARATION MEETS OPPORTUNITIES ❤

    • @firstlast8258
      @firstlast8258 Месяц назад

      Preparation h feels good on the hole 🕳

  • @52weeklyPips
    @52weeklyPips Месяц назад +2

    P.B.D. is a source !
    Thank you

  • @user-im8xs7sz4i
    @user-im8xs7sz4i Месяц назад +13

    The rich get richer, the middle class gets to suffer. Over and over again.
    Work all of your life to have your little home paid off. Then You don’t have much time to enjoy it. Off to heaven .
    The kids get the house.

    • @checktheskies5040
      @checktheskies5040 Месяц назад

      What about the rest of us?❤

    • @pragat647
      @pragat647 Месяц назад

      That's what leftists want

    • @user-im8xs7sz4i
      @user-im8xs7sz4i Месяц назад

      @@checktheskies5040 Don’t become a slave to the lenders. Try to live within your budget. When the next recession comes, prices drop.
      Buy at the lower price. Try to invest where you collect dividends , interest, and equity growth.

    • @user-im8xs7sz4i
      @user-im8xs7sz4i Месяц назад +1

      Receive interest, don’t pay interest.

  • @bermishker5904
    @bermishker5904 Месяц назад

    You’re missing the actual issue with interest drops. I own a construction company that specializes in custom work. We have been busy all over and now that they’ve pulled back clients are saying “if I delay by a few months we can do more and pay less.” It’s not a matter of my sales ability it’s just simple math, wait 3-6 months and I can save thousands vs starting work now. We’ve already been letting people go as projects complete. The economy hasn’t begun to see the jobs layoffs yet. I’ve been paying off debt and putting away cash just waiting for opportunities.

  • @jupitereye4322
    @jupitereye4322 Месяц назад +16

    You look at that historic FED chart that is growing exponentially, but we don't mention that inflation is eating up the dollar's value, so in actuality, the curve is not as exponential as it seems. The real problem is that the USA can't compete with China and India. BRICKS in general. The USA can contribute in the tech and financial sectors, not in producing goods. I believe the USA will have to transform its economy, and it may be a disaster or it can be the best thing ever, with all the latest and greatest tech achievements at the core of it. I hope it is the latter.

    • @robertbrady3783
      @robertbrady3783 Месяц назад

      Our current administration weaponized the SWIFT to sanction Russia and fell into Russia's baited trap. he showed the world if the US could take away their sovereignty, what do you think the could do to smaller nations. look at how many countries signed up to join BRICS after that. When world is de-dollarizing US Fiat, and BRICS killed the Petro-Dollar, we now have a flood of US Fiat coming back diluting our pool of fiat, causing monetary inflation, as the Feds cut interest and are firing up the magic money fiat money machine again. Kamala is telling the American people it is the supermarkets gouging the people as a distraction from the truth.

  • @personanongrata2045
    @personanongrata2045 Месяц назад +1

    Hot tip. Patterns patterns patterns. Look at Big 5. Where it’s at and what it’s done repeatedly and if you don’t think it’s smart to buy a bunch and be patient for a year then I don’t know what to tell you

  • @randalldance822
    @randalldance822 Месяц назад +8

    Great info man. I just hope you guys will lose that music. It's super distracting, but that's just me

  • @shevawnprather7162
    @shevawnprather7162 Месяц назад +1

    Do the best you can and let it go. Enjoy your life here because one thing is guaranteed on this planet, no one is getting out of here alive! ❤️

  • @williamparker8471
    @williamparker8471 Месяц назад +6

    The music is wayyyy to high to the point of a tension headache. 🤯

  • @rolfhu8320
    @rolfhu8320 Месяц назад +1

    You can see how bad it is and will get, if you check on prices of goods. Electronic getting cheaper and cheaper, but the necessary stuff gets more expensive. Conservative investment is working well with cash on the side in case of a market correction. Overall, the stock market is now like a casino, gambling. And in the casino, the player seldom wins.

  • @thomasjorge4734
    @thomasjorge4734 Месяц назад +33

    I think the music is just right.
    We are in the Twighlight Zone!

    • @j.p.2393
      @j.p.2393 Месяц назад +2

      Nothing makes sense

  • @claylogan1778
    @claylogan1778 Месяц назад +1

    I’m confused on how “Tesla” fits into that top 7 companies. Their stock is HUGELY inflated because “the future” and elons personality (I guess).

  • @lindaanderson3698
    @lindaanderson3698 Месяц назад +5

    They can't stop printing. To print money they have to buy something into existence. They'll keep buying stocks.

  • @iPeter-ky3zs
    @iPeter-ky3zs Месяц назад +2

    the backround music is like a commercial for cemetary plots...

  • @RotterStudios
    @RotterStudios Месяц назад +16

    Wait, I thought it was last month.

    • @yaboi3697
      @yaboi3697 Месяц назад +4

      Its every month for the past 48 months.

    • @omidomida3412
      @omidomida3412 Месяц назад

      @@yaboi3697 For the past 48 decades, rather

  • @claudeakakpo5822
    @claudeakakpo5822 Месяц назад

    I have covid, and the government shut down. Nothing else will frighten me. Rich people put fear in the market to buy the bearish ( dip ). Fuel is almost $6 , but I haven't stopped driving. My mindset is stronger than ever. You cant win if you don't want to take risks. I won't pull my money out. Long-term vision here.

  • @wizard8715
    @wizard8715 Месяц назад +53

    There gonna give Trump a horrible economy. But, watch what he does and what happens. Gonna be something FOR SURE. Hold on ....

    • @AgileLounge
      @AgileLounge Месяц назад

      Like Bushy did to Obama, actually isn’t even political, and I believe it’s best to have fiscal conservatives in power if there’s a recession as they so-called liberal progressive no nothing about balancing budget

    • @markmanor7936
      @markmanor7936 Месяц назад

      Unfortunately it's gonna take some time b4 we start seeing the results of bidenomnics, Kamalanomics, and all the bad policies, and regulations that they put out 😢, but yes, if Trump gets into the White House, Trump 2024

    • @checktheskies5040
      @checktheskies5040 Месяц назад +3

      That's If they don't make him brown bread before he's given a chance. Peace 🙏

    • @allyourvirgins
      @allyourvirgins Месяц назад +4

      Trump ain't winning just like Wizards are lame fantasy

    • @checktheskies5040
      @checktheskies5040 Месяц назад +5

      @@allyourvirgins Virgin's always talk a good game tho mush.

  • @ebayaccount675
    @ebayaccount675 Месяц назад +2

    Recession is for the poor, depression is for the rich. That's why it's called a depression, only when it effects rich people do they care.

  • @jokeer14
    @jokeer14 Месяц назад +10

    0:54 you seem way too confident about a crash youself

    • @kriengg
      @kriengg Месяц назад

      The crash is coming whether you see this video or not. Just think the tech industry bubble burst… dollar not needed by other countries anymore

  • @gurujot951
    @gurujot951 17 дней назад

    all of the corporate stock footage of people pointing at charts really made this video hit home.

  • @warningsigns4526
    @warningsigns4526 Месяц назад +7

    music is horrible - cut it

  • @hirelylenow
    @hirelylenow 28 дней назад

    They said the same things about how strong the market was in 29 before the crash. It will be bigger than the crash of 29

  • @kaimorf6209
    @kaimorf6209 Месяц назад +4

    And those whom have predicted 17 of the last 3 recessions are also wrong :)

  • @TeresaLiam-z1o
    @TeresaLiam-z1o Месяц назад

    America is currently plagued by the hydra-headed evil duo of inflation and recession. The worst part about this recession is that consumers are racking up credit card debt. In April alone, credit card debt went up 20% while rates have doubled in a year. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse has indeed begun..

    • @LindamartIin
      @LindamartIin Месяц назад

      Every day we have a new problem. It's the new normal. At first we thought it was a crisis, now we know it's a new normal and we have to adapt. this year will be a year of severe economic pain all over the nation.. what steps can we take to generate more income during quantitative adjustment?I can't afford my hard-earned 180k savings to turn to dust

    • @Sebastian_Marcos
      @Sebastian_Marcos Месяц назад

      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.

    • @LeylahCollins
      @LeylahCollins Месяц назад

      Mind if I ask you to recommend this particular advisor you using their service?

    • @Sebastian_Marcos
      @Sebastian_Marcos Месяц назад

      ‘Grace Adams Cook’ 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.

    • @Sebastian_Marcos
      @Sebastian_Marcos Месяц назад

      My CFA ‘Grace Adams Cook’ , 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.

  • @makeshiftgrenades
    @makeshiftgrenades Месяц назад +22

    Can u stop the ANNOYING background music !!!!!!

    • @Leemajors380
      @Leemajors380 Месяц назад +1

      The music is supposed to mess with your emotions, and he's supposed to scare you as well. Are you scared? 😂

    • @Sunbeach7777
      @Sunbeach7777 Месяц назад

      You have a down volume and use it. You can't focus, that's your problem.

    • @makeshiftgrenades
      @makeshiftgrenades Месяц назад +1

      @@Sunbeach7777 oh hit a nerve did i !!!! Blahaha

  • @lidam
    @lidam Месяц назад

    You will never see a recession on RUclips or media. Just look at your condition and determine whether you are in recession or not. You matter the most. No body loves you more than you.

  • @makeshiftgrenades
    @makeshiftgrenades Месяц назад +4

    Look like it would’ve been a good video to watch if you hadn’t been playing that background music

  • @lindongareis8757
    @lindongareis8757 Месяц назад +1

    The end has been “coming soon” since 1972!
    Stay in the fight, build your own business, do it locally and service the people of your community and you will never be poor……..

  • @幸運を
    @幸運を Месяц назад +18

    I'm new to BTC and I've been making losses trying to make profit myself in trading.. I thought trading demo account is just like trading trading the real market... Can anyone help me out or at least advise me on what to do?

    • @Katrinap-js7kl
      @Katrinap-js7kl Месяц назад

      VENTURING into the trading world without the help of a profesionals, trading and expecting profit is like turning water into wine you would need a miracle...

    • @Fareed-q1x
      @Fareed-q1x Месяц назад +1

      Well...I will advise you should stop trading on your own if you keep losing and start trading with an expert because trading with an expert is the best strategy for newbie...

    • @SoniaJane-iu2tz
      @SoniaJane-iu2tz Месяц назад

      Mrs Rachael Campbell was my hope during the 'bear summer' last year. I did so many mistakes but also learned so much from it, and of course from Rachael Campbell.

    • @Chioma-rv7jl
      @Chioma-rv7jl Месяц назад

      She must be really dedicated and well trusted for people to talk much good about

    • @JohnsonShola-c6r
      @JohnsonShola-c6r Месяц назад

      YES!!! That's exactly her name (Rachael Campbell) so many people have recommended highly about her and am just starting with her from Brisbane Australia🇦🇺

  • @giosource08
    @giosource08 Месяц назад

    We are already in a bad recession, we the people have to stand up for ourselves, nobody will do it for us, DO NOT get into any big loans, cut the interest as much as you can.

  • @GoodwalkSpoiled
    @GoodwalkSpoiled Месяц назад +11

    Bad background music. What a joke.

    • @Sunbeach7777
      @Sunbeach7777 Месяц назад

      You have a down volume and use it. You can't focus, that's your problem.

  • @amoldhillon1445
    @amoldhillon1445 26 дней назад

    Live life and enjoy help others if you can.. god bless all

  • @TakemetoSKY-ee8us
    @TakemetoSKY-ee8us Месяц назад +5

    negativity spreads faster than anything, one more negative video. there was total 5-6 crashes in last 100 years. And every year people keep predicting the crash. At least once they will be right. My prediction Market will run up to new highs after crash for at least next 18 months.

  • @danielng8699
    @danielng8699 Месяц назад

    I think consumer behavior plays a major role for market crashes. For example, 2008 housing crash is due to people buying houses they cannot afford. Banks are always greedy and get burnt too. Spend your money wisely.

  • @joeruda6586
    @joeruda6586 Месяц назад +1

    The reason they haven't been so many houses on the market is last year and I think two years before that Black Rock came in and bought a whole mess of them in both years, and turn them into rentals so those houses are not on the market anymore

  • @CharlesBaxter-s7g
    @CharlesBaxter-s7g Месяц назад +3

    Nothing can Go Up forever except Death & Taxes😊

  • @mariochambergo3279
    @mariochambergo3279 Месяц назад

    Awesome. Video!!!!! PBD and Team are simply awesome!!!

  • @ArneHiga
    @ArneHiga Месяц назад +4

    Patrick Bet - I suppose people should pull their money out of the market like Warren Buffet?

    • @atn2666
      @atn2666 Месяц назад +1

      Should pull lots. Warren never pulls all his positions fully

  • @oleboy4332
    @oleboy4332 Месяц назад +1

    So tricky. If I listened to the crowd three years ago and got out of the market, I’d have lost almost $200,000. Now, it may be time actually. Nobody knows

  • @topikjamu
    @topikjamu Месяц назад +6

    bad background lmusict and punch sound

  • @jg5574
    @jg5574 Месяц назад

    It has been said by an actual Billionaire: Billionaire's for Astrology and Gamatria, Millionaire's follow charts, the rest are just liquidity. 😑

  • @reynoldsresourcedevelopmen5114
    @reynoldsresourcedevelopmen5114 Месяц назад +4

    Out... after 0:00:54 seconds... read the rest of the comments. The intro music needs out, or turned way down. bye.

  • @deepakarora9055
    @deepakarora9055 Месяц назад

    While looking at 6 months return post 1st rate cut, if you remove 2001 & 2007 because in these years the fed cut rates after the crisis had already happened, (Dot com crash in 2001 and Sub prime crisis in 2007) the stock market returns are great. Please correct me if I am wrong.

  • @Convert96
    @Convert96 Месяц назад +9

    I like the background music. Haha.