The great wealth transfer is underway-What you need to know

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  • Опубликовано: 7 ноя 2024

Комментарии • 31

  • @LavernSTERN
    @LavernSTERN Месяц назад +9

    Transfer of wealth usually occurs during market crash, so the more stocks drop, the more I buy. In the meanwhile I'm focus on my eventual retirement, and my goal is to retire with at least $2m. What stocks do you think have the best chance to 10x in 5 years?

    • @johnlawton-y1d
      @johnlawton-y1d Месяц назад

      my top suggestions are NVIDIA and AMD, they have the tendency to become the next APPL for the next decade

    • @duanec.duanec.sutherland5292
      @duanec.duanec.sutherland5292 Месяц назад

      apparently there are strategies that can be put in place for colossal gains, but such execution is usually carried out by a seasoned advisor or portfolio manager

    • @Lorimoore-g2s
      @Lorimoore-g2s Месяц назад

      very encouraging for folks just starting out like myself, who is your advisor/coach please, if they mean same thing?

    • @duanec.duanec.sutherland5292
      @duanec.duanec.sutherland5292 Месяц назад

      I take guidance from ''Kathie Daisy Bosco'' To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.

    • @Lorimoore-g2s
      @Lorimoore-g2s Месяц назад

      thanks for putting this out, her site appeared first thing as I searched Kathie Daisy Bosco on my browser, super impressed with her qualifications, she seems highly professional with over two decades of experience

  • @user-gw9yx2wx5g
    @user-gw9yx2wx5g Месяц назад +4

    Is not wealth, it is the Great Debt Transfer for future Americans.

  • @Internet_Hobo
    @Internet_Hobo Месяц назад +1

    Just breezed right past that $50,000 average number and focused on the 72 trillion.

    • @xiphoid2011
      @xiphoid2011 Месяц назад

      There is about 73 million boomers in the US. So the average boomer transfer is closer to $1 million dollars. That's a lot of money!

  • @ARMENASSATURIAN
    @ARMENASSATURIAN Месяц назад

    72 trillion n going up

  • @xiphoid2011
    @xiphoid2011 Месяц назад +2

    FYI. There is about 73 million boomers in the US. If they own $72 trillion in assets, then it means the average boomer will pass down almost $1 million in wealth. That's ALOT of money. Of course, uncle sam would take its share of taxes, but it's still ALOT of money.

    • @seymorefact4333
      @seymorefact4333 Месяц назад

      LOL...80% of boomers have no savings, 401k, ira, and they have a 2nd mortgage! pass down NOTHING - JUST HEADACHES!

    • @vititom
      @vititom Месяц назад

      That's not how statistics work. The average is the aggregate of the total amount of money over the total number of people. If I add my income with Jeff Bezos and Bill Gates, we are making hundred of millions a year, right?

    • @benjamindover4337
      @benjamindover4337 Месяц назад

      The average boomer has near zero wealth. The $100k they saved up will go directly to healthcare costs.

  • @cr8zystar282
    @cr8zystar282 Месяц назад +1

    Thank you for mentioning generation X! 😅

  • @tnnsboy18
    @tnnsboy18 Месяц назад

    Guess it's gonna skip me :( this blows...

  • @Kish-wm8tu
    @Kish-wm8tu Месяц назад

    For some. As usual.

  • @guyrozen3278
    @guyrozen3278 Месяц назад

    Starting from GAMESTOP.

  • @elegance1802
    @elegance1802 Месяц назад

    Wealth will transfer to AI and Crypto