My Pitch To Clients As A Financial Advisor During A Market CRASH!

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  • Опубликовано: 20 окт 2024

Комментарии • 48

  • @Lazaven
    @Lazaven Год назад +2

    This man just gave us
    Macro economics 101 in 11 minutes

  • @andrewtucker1518
    @andrewtucker1518 2 года назад +7

    Josh! Your channel is awesome man. I aspire to be like you! I just passed my SIE, graduate university of central florida in spring. Starting a job at Charles Schwab in November. I’d LOVE to hear some more things abt the advisor business (finding a niche, how a day to day goes as an advisor). I’d love to keep in touch, keep doing great!

    • @steffendziczek2505
      @steffendziczek2505 2 года назад

      Congrats on all your success Andrew!

    • @JoshOlfertCFP
      @JoshOlfertCFP  2 года назад +1

      Let's go! I've taken a bit of a break but I'll be back shortly.

  • @wealthelife
    @wealthelife 2 года назад +1

    The calculation of how much of a client's investible cash should (theoretically) be put into the market when it drops 20%, 30%, 40% (from a 'high point') (assuming their long term asset allocation isn't to be 100% cash, but to have some growth investments in their portfolio) is very interesting.
    For clients fully invested, is there a similar calculation for exiting and moving to some cash holding as the market rises during a bull run? Probably wouldn't start selling off as the market rises 10%, 20% etc from a market low point, but perhaps when the market starts to go into 'bubble mode' rising above the long term trend line there might be merit in adjusting asset allocation from shares to cash (or bonds) as market rises to 10%, 20%, 30%, 55% above the 'long term trend'? How would this compare to the usual "buy and hold" recommendation (since most financial planners aren't in the game of attempting market timing or short-medium term trading/asset allocation adjustments).

  • @theindiangatsby
    @theindiangatsby 2 года назад

    Just switched over to working as a RIA ! Love your candid content

  • @MasterCraft297
    @MasterCraft297 Год назад

    That was mind blowing Josh!! Thank you. Do retail investors in Canada have access to unit trusts, money market funds, fixed income investments?

  • @RebeccawalkswithChrist12
    @RebeccawalkswithChrist12 6 месяцев назад

    Amazing video! Please where do you get your data from?!!?

  • @FamiliOfficeDotCom
    @FamiliOfficeDotCom 2 года назад

    Hello Brother Josh Olfert, i'm your loyal subscriber.
    I have Some Questions for you to answer.
    I'm a new Financial Advisor aka a Life Insurance Agent.
    What Transformations & What End Results do the customer wants , needs & hopes after purchasing Life Insurance Products like Estate Planning (Life Insurance), Wellness Planning (Health Insurance + Critical Illness Insurance), Child Education Planning (Education Insurance), and Retirement Planning (Retirement Insurance) ?
    I'm looking forward to hearing from you soon.
    Thanks Brother 🙏

  • @CationicGibbon9
    @CationicGibbon9 2 года назад +2

    Hey Josh, do you rent an office space or do you do it all through zoom? If no office, do you ever meet clients in person? If so, where do you do this?

    • @JoshOlfertCFP
      @JoshOlfertCFP  2 года назад +1

      Pre-Covid it was always an office! Either an old institutional office when I worked for a fund dealer, then a shared co-working space when we launched, then a nice space downtown. Since Covid we've been remote but most client catchups we do at their house/coffee shop/fav restaurant.

  • @DanfromBoston
    @DanfromBoston 2 года назад +1

    Love it. “Just stay the course and everything will be fine” 😂

  • @killerXover707
    @killerXover707 2 года назад +1

    Hi Josh, where's your original pitch to clients video? Was looking to review.

    • @JoshOlfertCFP
      @JoshOlfertCFP  2 года назад

      Update on what's going on coming soon! Thanks for bearing with me.

    • @killerXover707
      @killerXover707 2 года назад

      @@JoshOlfertCFP thanks for the reply mate! Looking forward to it

  • @AureliusX
    @AureliusX 2 года назад +1

    love your videos! thanks josh! just an fyi, volume level of the video is super low compared to others. might want to make sure your audio is compressed and gained up properly.

    • @textme2711
      @textme2711 2 года назад

      Hit me up👆I've got something essential to share ⬆️....

  • @lukealbu
    @lukealbu 2 года назад +1

    great video & content! thanks for sharing!

  • @mariusmada8009
    @mariusmada8009 2 года назад

    Can you show the math and how you were able to get the "Recovery Gain" illustration, please.

  • @abdnmusic12
    @abdnmusic12 Год назад

    Great video! Could you explain if this advice to your clients only applies to spare cash to be invested, aka dry powder, or does it imply that you sell assets at a certain stage and then reinvest based on EV? If so, what indicators tell you to do so?

  • @barbies1103
    @barbies1103 2 года назад +1

    More videos like this would be great 👍

  • @Yungtay0
    @Yungtay0 2 года назад +1

    Amazing Value!!

  • @andreslozano901
    @andreslozano901 Год назад

    Explain why you're taking a break. How are you dealing with your clients at this point? I'd love to know

  • @chrisnegley
    @chrisnegley 2 года назад +1

    Great video very informative to a new advisor trying to learn the ropes .

    • @JoshOlfertCFP
      @JoshOlfertCFP  2 года назад

      Love it!

    • @user-dt2wz1oc2h
      @user-dt2wz1oc2h 2 года назад

      Inbox 👆👆
      Share your thoughts and suggestions now 💬and given out the opportunity to chat with my lovely subscribers just for today let me know your point views and also know if I can be of help in anyway...

  • @paulturner4419
    @paulturner4419 Год назад

    I doubt this strategy will be robust going forwards.

  • @redrose7199
    @redrose7199 2 года назад

    Keep going Josh very helpful content in your videos

    • @JoshOlfertCFP
      @JoshOlfertCFP  2 года назад

      Thank you!

    • @user-dt2wz1oc2h
      @user-dt2wz1oc2h 2 года назад

      Inbox 👆👆
      Share your thoughts and suggestions now 💬and given out the opportunity to chat with my lovely subscribers just for today let me know your point views and also know if I can be of help in anyway...

  • @ThuyBui-wo2cd
    @ThuyBui-wo2cd 2 года назад

    Hay quá

  • @michaelsaenz380
    @michaelsaenz380 2 года назад +1

    "the price of any investment in the world is equal to the current profits of that investment"
    Bitcoin doesn't have any profits or cash flow 🙂

  • @bobbybikes9122
    @bobbybikes9122 2 года назад +1

    Great explanation

    • @JoshOlfertCFP
      @JoshOlfertCFP  2 года назад

      Glad it was helpful!

    • @user-dt2wz1oc2h
      @user-dt2wz1oc2h 2 года назад

      Inbox 👆👆
      Share your thoughts and suggestions now 💬and given out the opportunity to chat with my lovely subscribers just for today let me know your point views and also know if I can be of help in anyway...

  • @arhamakhyar2180
    @arhamakhyar2180 2 года назад +1

    Can i get your mail?

  • @dmonte4571
    @dmonte4571 20 дней назад

    Not something useful. This gibberish will be confusing for the regular folk.

  • @tomleo5555
    @tomleo5555 2 года назад +7

    Investing in crypto now should be in every wise individuals list, in some months time you'II be ecstatic with the decision you made today.

    • @paganohiggins3818
      @paganohiggins3818 2 года назад

      Most intelligent words I've heard

    • @sherrymildred4716
      @sherrymildred4716 2 года назад

      That's why you need to trade with the help of a professional like Expert Williams Brown

  • @moe4559
    @moe4559 2 года назад

    Hey Josh! Huge fan of the channel, I send you a message on Instagram. Can you please reply when you are available? Thank you!

    • @user-dt2wz1oc2h
      @user-dt2wz1oc2h 2 года назад

      Inbox 👆👆
      Share your thoughts and suggestions now 💬and given out the opportunity to chat with my lovely subscribers just for today let me know your point views and also know if I can be of help in anyway...