Considering you used media from that time. Do something with the media and gamestop(or whatever else sounds good) with clips from that if that is your style.
If they suspended trading but the opposite way this this time where u couldn’t sell they would get hammered so hard by lawsuits because there’s no excuse or loophole like saying “volatility”
@@russiandream11 stock market is for l osers. It will not give you good results. If you wish to double or make half of your investments monthly- get into Crypto trading, but only with Futures, not spot. Don't just buy crypto and hold it. Instead invest in futures contracts for crypto(price movements), this way you can earn money on price movement of certain asset, including when price goes down.
Sometimes Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+
My CFA ’Amy Desiree Irish’ , 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.
More than a collapse in the stock or real estate markets, inflation has a direct impact on people's standard of living. It’s no surprise that current market sentiment is so negative. To navigate this economy, expert guidance is more crucial than ever. ETFs, stock markets, and the housing sector are all volatile. My $350k portfolio has taken a serious hit.
In my view, investing was far simpler back in the '80s; today’s environment is much trickier. Those consistently profiting in the current market are usually professionals, which is why I've been working with an advisor for the last five years to build my portfolio in preparation for retirement.
Rebecca Lynne Buie has consistently been my top recommendation. She’s widely recognized for her expertise in financial markets and has a strong track record. I highly recommend her.
Thank you for the recommendation. Finding her online was straightforward. I did my due diligence and scheduled a call-her credentials are impressive and she seems very knowledgeable.
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 .
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.
Crazy to see how many peoples parents lost everything…I remember my dad being cheap AF around this time telling me “all these people are broke, they can’t afford any of this, you’ll see soon” All my friends had new bikes, dirt bikes, skateboards, clothes, their parents had new cars and we had….none of that. Hand-me down everything’s, parents drove old cars so on and so forth. I was constantly bullied in school for “not having” the same things as many of my peers. I was always left out of activities because my parents refused to drown themselves in bad debt. While the world melted around us, we had 0 change in quality of life. If anything, everything got better as my father was able to begin his real estate investing “side hustle”. My dad perfectly predicted this and this is just one of the many many reasons my dad will forever be my hero.
A number of people near me, some in part-time jobs, lease Range Rovers and suchlike mainly for the school run and they dress up to the nines for that as well. As Warren Buffett said, ''only when the tide goes out do you discover who's been swimming naked.''
@@Kxvito It's only a shit childhood if it revolved around materialism. Most who lost everything in 2008 due to living beyond their means are still fucked to this day.
That’s because Crypto trading is a joke to anyone who is in actual real assets unlike Cryto crypto all i need is a good hardware and software and I can hack into anyone’s account it’s out there and it’s been proven many times but
Yeah, because behind stocks there are real companies, with real assets and products, and behind crypto there's absolutely NOTHING, pure speculation on a casino level. So don't be so proud to be a "crypto trader".
I’m brand new to buying stocks. I need basic instructions on how to spread $100k across the market in order to achieve a 7 figure portfolio. I'm wondering if now is a good time to start investing, or do I wait for a crash to buy at discount price? Any guidance in this regard would be much valued.
I'd suggest you discuss with a proper advisor, particularly if you're new at investing or facing uncertainty. I personally have over 180 companies in my portfolio, so if few companies fail, I still have others that can hold me up.
That's smart. I'm quite lucky exposed to personal finance at an early age, worked full time when I was 19, purchased first home at 28. Going forward, got laid off at 36 amid covid-outbreak, and immediately consulted an advisor to stay afloat. As of today, I'm only 15% short of my $1m goal after subsequent investments.
The advisor am currently working with is Judith Lynn Staufer. I came across her in a Bloomberg interview for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look her up.
Thanks for sharing. i searched her full name and found her web instantly. After reviewing her credentials and conducting due diligence, i reached out to her.
I was 11 when this occurred. I didnt even remember this occurring but I do remember my parents talking about it at the dinner table. To many folks, 2008 was a horrible year, but to me (as a kid) It was the happiest time of my life. I just played video games, hung out with friends, watched TV, all without worry. I miss being a kid.
We all miss being a kid! I had just graduated college a year prior to this crash. The job market was already bad and this made it worse. We were blessed to suffer any major losses though.
Same here. I hardly remember anything about the recession, it was just business as usual for my carefree young self. Either my family was fortunate enough to avoid the worst of it or I was just too young to understand what was happening.
Do you think it's a good time to consider selling some stocks, the election might really affect the market. I’m considering rebalancing my $2M portfolios, So I'm curious of the best strategies to use.
I guess it's important to reassess your investment strategies based on current market conditions. You should also consider a market expert to guide you.
Working with a financial advisor has been a game-changer for me. They provided invaluable insights and tailored strategies that aligned perfectly with my risk tolerance and financial objectives. With their support, I've seen significant growth in my investments and gained confidence in my financial future.
Working with a financial advisor has been a game-changer for me. They provided invaluable insights and tailored strategies that aligned perfectly with my risk tolerance and financial objectives. With their support, I've seen significant growth in my investments and gained confidence in my financial future.
Partnering with a financial advisor has transformed my approach to investing. Their expertise and personalized guidance have not only helped me navigate complex financial markets but also optimized my portfolio to achieve my long-term goals efficiently.
@@LaughingMan44 If you're not saying "sounds good" during any 34% move to the downside, whether it be in a bull or bear market, you need to either seriously reevaluate your investing/trading strategy, or realize crypto is not for you.
@@LaughingMan44 Scenario #1: You're in a bull market and the market corrects 34%. "Sounds good" because you're calm and collected from understanding this is normal, from understanding market cycles, basic TA, and utilizing stop losses strategically. Bonus points if you could see signs of a correction and DCA'd out so you're bags aren't full. It's not that hard. Scenario #2: You're in a bear market and the market corrections 34%. "Sounds good" because your responsibly and strategically set stop losses will have saved you. Learn advanced TA to learn how to trade these massive moves and you'll really be saying "sounds good!". If you can't/don't have time for/don't understand, any of these measures, then you should NOT be in crypto. There are many in this space that are saying "sounds good" to a 34% correction, and if you're not one of them, like i said, you need to seriously reevaluate your investing/trading strategy, or realize crypto is not for you.
Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.
Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.
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.
Hey, I'm trying to find a certified one to boost my investments/portfolio, but it's tough online. Can I get a rec from you, since you know about this stuff?
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 ‘’Eleanor Bonnici Deskin’’ for about two years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
Family lost the house, parents divorced, mother moved into upper poverty, father moved into my grandparent's home as his business declined dramatically. I was around 10-12 years old. This whole experience still scarred me and informs so many things I do. Luckily both my mother and father recovered nicely but the paranoia is still there
I lost my job back than, many parents in neighbourhood as well and they have to sold their house and move to different state where they can get a job. It was really scary back then.
It’s not paranoia , it’s a very realistic sense of expecting disappointment/disaster. All the large banks , insurance, stock market … from so many angles added to the problem
@@christopherhiggins4249 is that what cnn told you? The inventor specifically mentions the banks bail out. It’s no coincidence there’s a limited supply unlike fiat cash.
My dad lost his job in 08 because of the crash. I’m one of 5 kids, and we were forced to live in a one bedroom apartment because that’s all we could afford. My parents are very generous with their money and donated 500-1000 dollars every year to charity. They decided in 08 that they should still give the money to charity. One month later, my dad got a call from the local high school. They hired him, he’s now the head football coach of the team, he’s won 3 state titles, and got promoted to principal, and is retiring at the age of 52 next year. Goes to show how good always comes from giving.
@@thegodofsilence5580 be smart with what you give too; don’t give up 15,000 dollars if that’s all you have. My parents could afford giving up some money while still getting by, although it was tough in 08.
@@thegodofsilence5580 maybe cause of what you just commented I doubt the father was expecting for his life to turn around just for giving all he could he did it cause it was a good thing to do regardless of a reward
@@thegodofsilence5580 it won't come quickly, it'll take time.. and also, how come you had 15k but living with your parents? where did you get the money?
@@thegodofsilence5580 it's time to be self sufficient dude, dont get close friends, just acquaintances, don't consider anybody as your close friend because there will be none, they only care about their own happiness and fun, the people close to you dont care about your suffering because they find it boring, so avoid those people.. then a few years from now, you'll be in a better situation, without the help of anybody.. succeed on your own and treat no one as your friend.. yourself is your friend who can help you in times of needs.. walk through the city streets all alone, dont look back at anyone.
Recently bought some recommended stocks and now they are just penny stocks. There seems to be more negative portfolios in the last 3rd half of 2023 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder.
The truth is that this is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. My friend just pulled in more than $84k last month alone from his investment with his advisor. That is how people are able to make such huge profits in the market.
Lol, is there another system? One that works better? Covid could not be avoided, since it's human-related. You'd die working for another kind of economic system, but you'd still die. Same thing goes for 2008. You can change the system, but you can't change the way people are. They've been greedy, there weren't enough controls at the time. Just change the system, add controll. But people will still be as greedy, and will find another way to fuck up, trust me. We aren't as smart as we think, we are just evolved monkeys that constantly try to hide their animal instincts.
@@Shvabicu Wouldn't call it opportunity of a lifetime when millions lose their jobs. Sure you can buy the dip but that's assuming you have enough cash to invest and survive the recession
I love how everyone’s sharing their stories. My family decided to move to America in 2007 for the American dream lmaoo, I really can’t think of worse timing.
If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you.... prevent inflation
Right, the role of adisors an only be overlooked but not denied. I got financially free at the age of 49 with over $1.6m in investment account alone. I was shocked that I made more money with money than with hard work, even my CEO income. Earning "return on investment" makes me more happy. (But I still enjoy working)
You're right, the best time to buy in the market is when there's fear. A huge part of my growth has also come during this bear market. This year alone, I have scaled from 180k to over 354k.
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 Mary Callahan Erdoes Services...
I remember I just started college a year after this happened, so a ton of older students were coming back to school since the recession tanked their careers. I was majoring in art at the time. All the adults in my classes urged me to find a "recession proof" career so I didn't "end up" like them. I switched my major to math and statistical analysis because I feel like visualizing data is still "artsy". I'm so glad I listened to all those kind strangers now with the current economy. Edit for everyone butthurt in the comments: I chose to switch majors because math gave ME PERSONALLY more financial stability. I PERSONALLY didn't find majoring in art fulfilling enough for ME. If YOU we're successful with YOUR art major choice in life, then good for YOU! Not every single comment on the internet is a personal attack on YOU.
When you've got a CEO able to manipulate the market to his advantage because of a generally sycophantic public, then yeah, you're almost guaranteed to be fine haha
My brother worked on Wall Street during this time. Made more money than my whole family combined, heading some department that did consulting work with several major banks. He had lots of contact with people. He knew two guys who committed suicide because of this. They apparently lost millions of dollars. They went from living in penthouses and driving Maseratis to unemployed, living with their parents. They weren’t bad guys either, they had worked their way up honestly and given it their all. My brother took a major hit too, but had a lot of assets and smart investments (mainly gold) so he was more or less fine. He says the big banks saw it coming, and they knew exactly what they were doing. He heard from someone who heard from someone in a high stakes meeting that directors of major housing and loan departments threw parties because they had profited so well from the crash. Makes me sick just thinking about it. People dying from this, but the VIPs partying because now they have more commas showing when they show their account to the stripper on the pole.
The difficulties that the current generation faces are quite depressing. I wanted to know how to use some money that I had. I used a small portion of it for online sales, but that failed. My primary concern is safeguarding my $300K stock portfolio from loss, but I'm not sure how to go about it.
Yes, things may be difficult now, but I've realized that there are always possibilities to make significant gains in bear and bull markets, recessions, and economic booms. I used to call people out when they boasted about making a fortune in these down situations, until I actually did with the help of my advisor.
Yes, things may be difficult now, but I've realized that there are always possibilities to make significant gains in bear and bull markets, recessions, and economic booms. I used to call people out when they boasted about making a fortune in these down situations, until I actually did with the help of my advisor.
Yes, things may be difficult now, but I've realized that there are always possibilities to make significant gains in bear and bull markets, recessions, and economic booms. I used to call people out when they boasted about making a fortune in these down situations, until I actually did.
People often underestimate financial advisors' importance. Over 50 years of data reveal that those who work with advisors typically earn more than those who go it alone. I've been fortunate to work with one for 13 years, resulting in a $1 million portfolio, largely from early investments in digital currencies and other growth stocks..
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?
Crypto would be worse for a short time. When a stock market crashes, it takes commodities with it. Because most of the etfs are bundled with gold and silver. Also when people have huge losses, they try to offset it by selling valuable assets like crypto. The next crash might happen next month most likely. Im keeping away from stocks or cryptos until it becomes discount price
@@pjn-je4hb evergrande is like china’s lehman brothers. When did Lehman brothers filed bankruptcy? In September. When did stock market crash? In October. There are more companies like evergrande that are about to collapse with $300B unpaid debt. Only that news made crypto loose 25%. Lets see how that causes domino affect.
@R If you´re still in Tesla stocks I would sell right away. People must be crazy in order to justify the current pricing of the Tesla stock, considering a company that currently "only" sells 600-700.000 cars a year (compared to Volkswagens 11 million and Toyota about the same) has the 6th-largest market cap of any company in the world. The market Cap of Tesla is the same as the COMBINED market cap of the 9 largest (current) automobile manufacturers. It is simply beyond ridiculous!
This destroyed my family. I was 12 when this happened. Lost cars my childhood home. Parents divorced, my future snuffed. My dad got super into survival preparation because he thought the country was going to fall.
I was reduced to driving a tractor trailer long haul. I had been a financial analyst. I lost all my friends and watched my relationships sour. I ended up having to sleep in a storage unit. I feel your pain; you are not alone.
Hello, I'm a Doctor from Scotland, how do you make such amount? I'm a born Christian but sometimes I feel so down of myself because of low finance but I still believe in God.
Making touch with financial advisors like Amalia Bunker who can assist you restructure your portfolio, would be a very creative option. Personal financial management will be crucial to navigating the next difficult times.
Unfortunately, not all of us were financially literate early. I was 35 when I finally educated myself and started taking steps. I went from $176,000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and over $1,000000 net worth.
Same here, I believe the Bitcoin ETFs approval will be life changing opportunity for us, with my current portfolio of $108,000 from my investments with my personal financial advisor i totally agree with you
I remember leaving school in 2008 and the job market had collapsed. Warehouse jobs had stopped hiring 16 year olds because of insurance and so I went to college instead. The course I took was supposed to be 3 days a week, but because of the recession, the tutor wanted 5 days a week work from the college and so he started making us do 5 days instead of 3. When I eventually got into some warehouse work 2 years later, I saw so many people who were working every hour they could to afford their stupidly expensive mortgages that they couldn't afford to begin with. EDIT: I'm from the UK.
I left the same time with almost every lad at my age wanting to go into a trade of sorts, I knew there was very little apprenticeships remaining if any at all so I decided to go into office work instead were the office was like 18 women to 2 men so I was welcome with open arms so to speak filling the diversity quota, works a bit boring but I've never looked back and in a sorta sick way its thanks to that stock market crash 😄
I remember 2008. I made out pretty good. The wife inherited a crapy house on 3 acres I was constantly fixing. It was 2 years of hell living there. In August 2008 Some big developers offered us a lot more cash then that shit hole was worth if we would sell and leave in a 10 days. Put our stuff in storage and lived with family. Then the crash. Took the money and got a nice place for a great deal in November. More then once someone has asked me how come you work at the garbage dump your wife works at a grocery store and you live in a big house in the nicest part of town. One word LUCK
Trading in crypto or stock require an expert, account analyst or you win today and below off your entire account the next day. That's why you need expert like Tracy Monroe trade for you 👌
The Fed is undoubtedly responsible for catch-up efforts, as they were first too slow to control inflation. The pandemic, supply-chain issues, are all contributing reasons to the impending inflationary perfect storm. I'm still looking for companies to make additions to my $500K portfolio, to boost performance. Here for ideas...
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown
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.
Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
Thank you for the lead, searched her full name and at once spotted her consulting page, she seems highly professional having over 12 years of experience. amazing!
@@critterdude311 lol the pros on Wall Street MADE money in 2008 what are you talking about. It was the regular working class with “milk money” as you call it who lost.
@@billie0429 the 9% drop crashed the world's economy and caused a crisis that lasted for years, cryptos' 60% drop doesn't do anything close to that, that's the difference
Cryptos don't mean shit, they're virtual lotteries, the price can go up or down and nobody cares other than the bunch of people who bought them. What happened in 2008 affected the whole world's economy for years
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.
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money or you could hire a financial expert.
Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2020, and I return at least $30k ROI, and this does not include capital gain.
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.
You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10k in a meme coin for months ago and now they are multimillionaires way to miraculous.
I am trying to avoid making any new buys at this point in other not to get sucked into a bear market trap.It's tough making money in stocks when institutional investors are the driving force behind the selling.. although I read an article of people that grossed profits up to $150k during this crash, what are the best stocks to buy now or put on a watchlist?
Focus on two key objectives. First, stay protected by learning when to sell stocks to cut losses and capture profits. Second, prepare to profit when the market turns around.I recommend you seek the guidance a broker or financial advisor.
I agree, reason I have all my invt-decisions ran through a coach on a daily-basis, it’s been 3years and counting and I’ve grown over $2million in gains, my coach's-analysis so far has steered me off losses and troubled waters and guided me make the most off major-breakthroughs in the mrkt, and esp. in this downtrend, her safe haven asset- trading, short-selling, ETF shorting skill-set are very essential..
I've been thinking of going that route, been holding a bunch of stocks that keeps tanking and I don't know if to keep holding or just dump them, think you coach could aid me with portfolio-restructuring?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Amy Desiree Irish” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
I just looked up this person out of curiosity, and surprisingly she seems really proficient. I thought this was just some overrated BS, I appreciate this.
2008/2009 hit my parents hard. Having only been 10 at the time, i didn’t know what was happening, nor could i fathom it as they kept it on a downlow for myself and my little brother’s sake. Found out later that because my great grandfather passed on in Christmas of ‘09 and because he wanted us to have the house he built back in the ‘50s, we just narrowly escaped living on the street.
Similar situation. I just started to drive around this time and remember 5$ barely getting me enough gas to get to school. Gas prices were crazy. I was working in a restaurant and it was so dead for so long it was bad. I observed it first hand at 15-16 and now understand how to manage risk to avoid this bullshit.
I remember my dad was buying all kinds of new plasma TVs and electronics and was living large then the next thing I knew my mom was screaming what are we gonna do in the kitchen when my dad was laid off months later. Kept hearing them talking about losing the house. It was a dark period. You can just feel the fear. Scary stuff I was about 13 when it happened. Still couldn’t fathom it. But life at home changed. Mom started working a lot. Dad was home all the time. Eventually he started doing his own small business but it was just such a shock. But I also had a grandfather that was pretty wealthy and helped them through it. All of the sudden I haven’t been to a doctor until I moved out on my own 10 years later.
Sorry to hear such experiences in life when you were supposed to be playing care free as a kid. Down the lane nothing seems to have changed pandemic and stuff. Not sure where we are heading to.
Same here. My parents had a small construction business and in 2007 they invested in a warehouse in another country to meet costumer demand and reduce logistics costs. My father was abroad when shit hit the fan in my country. Suddently all costumers stopped to pay. Funny thing is when there is a lot of money circulating and people have status they can ask for whatever credit they want and you would loose a huge deal if you denied it. My mother cried everyday. Bills started to pile up as she felt the moral obligation to keep the business running because of its 15 employers, including a bunch of relatives. I was 13 at the time and i didnt know what to do but to keep supporting her. A lot of family friends suicide because of debt, others fell into alcholism and never were the same. In 2011 my mother decided to close the business and all the workers trash talked my family, although the 3 years of pain we had to endure for them to not be jobless. I dont wish even to my enemies to live like that. All because of wallstreet speculation. Fuck all of them.
Cisco has my mouth watering at $6 dollars a share and the dividends payout id be retired. Witht that and the other dividend stocks i saw on sale in the video hahaha
Seeking advice from financial experts like Della Martin can be a wise move to optimize your portfolio, providing valuable insights to inform your decisions.
Do you know her too? Her inspiring journey to success has become widely recognized, and she has earned a reputation for being exceptionally dependable and trustworthy.
I remember walking home from middle school and saw my mom home from work early. Then my dad called me from our house phone and said your mother just lost her job and to help her take it easy. From that point they did literally everything from collecting rain water to lower our water bill to my Dad working a 9-9 just to keep our house. I didn’t realize just how stressed they were until I understood how bad this recession was many years later.
@@stevensteven9657 I lived in Saudi Arabia for 13 years, It is a Desert nation. Water bills weren't an issue. My dad earned like 15,000 dollars a year.
@@TienNguyen-ry5jz Not sure anyone's ever really tried Socialism. Like real Socialism.. No, that's Communism, it's not the same. No, that's Fascism, very far off. No no no, That's Social Security. Though that's closer but it's still a part of a healthy Capitalist economy. But I agree with the sentiment. Socialism by itself doesn't function. And neither does Capitalism. Got to blend a little of everything to get the right balance. Or not. I'm sure everyone's happy the way it is now. =D
@@TheVallin I do agree, a mix system works best, I just think we the people should not give the government more and more power everyday. Through the entire human history, Every disaster begins with government intervention. I just don’t want history to repeat itself.
My portfolio lost 60% of it's value in the months that followed. I stubbornly refused to sell. Instead, I acted like an idiot and shoved my head in the sand. I couldn't even look at my statements. Less than 2 years later, I recouped all of my losses and now I'm on track to retire early. So much for the "Great Recession".
@@timrokot2050 The best form of investment education is "role playing". You take the role of "your portfolio" and a friend or family member can serve as the "stock market". Hand them a stick and have them beat you mercilessly for long periods of time. Your goal is to remain motionless. Once you can do this without flinching or running away, your training is complete. Good luck!
It was a very bad decision to remove the Glass-Steagall Act in the late 1990s, which led to the spectacular failure of huge banks during the financial crisis of 2007-2008. To prevent another disaster, Dodd-Frank and this statute both need to be reestablished right away. What happened with SVB is only the beginning of what will happen if nothing is done to address the current situation.
I believe SVB was making an effort to reorganize their bond portfolio. Yes, they would lose money if they sold their low-yielding bonds. But, they were trying to make up for it by repurchasing bonds on the open market at the higher interest rate.
Very true, a huge part of my portfolio growth has come during this bear market. I've been able to scale from $180K to $572K in a short period of time. I basically was just following the steps and guideline from my financial advisor. as long as you've professional help, you're good to go
I remember being in high school in accounting class. Our teacher was actually letting us watch this news. I can’t imagine how this news would feel to me now as a 30 YO who knows what news like this means.
@@burningmachine6200 nah COVID is the one of the least important factors. The main factors are inflation, big Real estate firm that went bankrupt and own trillions of dollars to thier investors, thousands if not millions of investors in the stock market that are betting against hedge funds and banks, and the treasury running out of money to print. P.S. The inflation rates right now are the same if not more than it was in 2007
I think investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown
No doubt, having the right plan is invaluable. My portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, though this could take till Q3 2024.
I lived in the United Arab Emirates until 2009. The crash REALLY affected the country. I saw cars being left in long-term parking because expats would run to the airport and book a trip back to their home countries with any money they had left. My parents decided to move us all to India for about 2-3 years, because India was one of the few nations that wasn't affected too much by the crash.
If you think that the current dispensation would have done even half the great work than that of the Manmohan Singh government, you either don't know macroeconomics or your are just an in-denial bhakt. Dr. Singh was applauded globally for how he managed us back then. But then of course, most of you are kids brought up in the era of news disseminating from social media channels and paid news. As a banker myself, I couldn't help but revel at the excellence of Dr. Manmohan Singh, Y V Reddy and the great inputs from Raghuram Rajan, including his advanced predictions of the crash.
I was 16 just got my license and was trying to find a job. Such a fun time to start on the path adulthood. Now I'm 30 looking at the gas prices again starting to get a little PTSD
I just graduated college in December of 2007. lolol. So thus I had a lot of student loan debt, no money to invest into anything and I couldn't find a decent job.
There are two problems with this line of thinking. 1. It assumes that the economy is a fixed pie in which if somebody gets rich, therefore somebody else must get poorer. 2. If the saying "the rich get richer while the poor get poorer" is true, why is the quality of living for the average person substantially higher now than before the industrial revolution?
Purchasing stocks may appear simple, but selecting the proper stock without a tried-and-true strategy may be challenging. I have been trying to increase my $310,000 portfolio for a long time, but the biggest barrier is that I don't have a clear entrance and exit plan. Any advice on this matter would be greatly valued.
Several individuals 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.
'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.
Yep...that stuck in my mind too. I heard in several documentaries that people bought stocks/Real Estate and just thought they would go higher forever.......you just can't find a better reference than this moment: 1:25. People just refusing to accept reality.
My wife is already panicking, so many questions! will the rate cut lead to inflation? I'm very worried about my $1million stock portfolio losing value. What strategies should I be employing in my portfolio right now?
Consult a financial advisor for Rebalancing, Risk Assessment, and ensure that your portfolio is well-diversified across different asset classes (stocks, bonds, real estate.
True, my porfolio took a massive hit in 2022, and I almost sold everything to switch to cash savings. However, I was advised to consult a pro. Following the guidance of this CFA, my portolio started increasing by 10% monthly. She had anticipated the crash and rebalanced my portflio accordingly.
@@CadeCowell-ft4fe True, my porfolio took a massive hit in 2022, and I almost sold everything to switch to cash savings. However, I was advised to consult a pro. Following the guidance of this CFA, my portolio started increasing by 10% monthly. She had anticipated the crash and rebalanced my portflio accordingly.
Everytime I hear of the 2008 Crash it feels like it happened in some other country instead. I was in high school at the time and I hardly heard of it, I was busy playing videogames. Didn't help that my parents were doing very well so much that I never felt any of the impact of the crash at home. I was quite lucky to say the least.
i did, it was my junior year and i tried getting a job but no one was hiring, we had families of 3 generations living in 3 bedroom houses, people living out of cars. and some of our students were homeless... granted i was in miami..
Imagine how terrifying this must’ve been. You’re a well off guy with a nice family, doing good with your investments, companies are doing really well and times are good. Then this shit happens lol
I'm getting too busy to be following up my stock portfolio, and it has remained stagnat for almost a year now. I need a long term strategy to re-invest my portfolio worth of $250K. what is the best strategy to use?
I don't really believe people should invest in stocks without the aid of an expert. the market is so volaatile that you can get burnt by your feelings. pls make your reseach and consult with an expert to stay safe
Having an investment advisor is the best approach to the stock market right now. I was going solo without much success until my wife introduced me to an advisor. I've achieved over 80% capital growth this year, excluding dividends.
Dad was the sole breadwinner back in the day and he bought a decently large business a couple years before this. I was maybe 8 when the crash happened and we went from living quite comfortably into a downward spiral that went on for over a decade. Business went tits up in 08, then so did our houses. That’s when mum’s mental health got bad and she started becoming abusive. We fell into utter poverty and I was out just after I turned 17. Eventually helped dad find his feet in the last 12-18 months but the damage was done and my upbringing was definitely fucked.
People should start Christmas shopping far earlier than right before Christmas. He could have had your Christmas taken care of with better planning. Hopefully you learned that from your experience.
@@YamiLionheart Sure is. Not one time in my 47 years has the stock market caused me to lose my job or go broke. I did get laid off two weeks before Christmas one year. My kids still had a Christmas because I wasn't an idiot that didn't plan ahead.
@@abnoco Clearly, almost as if he is blaming the poor guy's dad for being unemployed (for that time period anyway), flaunting, "but muh phorty seben yrs".
*Hi! I’m excited to be here in your channel and I’m interested in learning more about investing and saving up for my retirement but am a little confused about the whole process. Any advice or tips to get me started up would be greatly appreciated.*
@@BRAINBABBOTT-2233_I won't recommend gold and coop although it's a good investment. I'II suggest digital assets as it's the best future investment. It's advisable to seek financial assistance based on your available capital and area of interest or preference.
@MichaelPraise-bm3dmFinding financial advisors like Patricia strain who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Why you should start accumulating undervalued stocks. Later, when stocks begin to rally, short-term investors, day traders, technical analysts, brokerage firms and news media work for long-term investors and help stocks rise significantly. Let them work for you.
Roughly £120k in my portfolio are in tech/TSLA stocks, can I get an advice on any other stocks that I can acquire to diversify my reserve across multiple markets while creating a comprehensive portfolio allocation that balances my concerns of risk aversion and returns that meet yearly inflation.
@@Brittany-reeds That's correct. At first, I wasn't too pleased with my gains compared to my previous performances, I was doing so poorly, I thought I needed to diversify into better assets, so I got in touch with an investment-advisor. That same year, I pulled a net gain of £550k, which is about 10 times more than I average on.
@@Victoriataylor5668 I'm happy to have stumbled upon this discussion. If you don't mind, could you tell me the name of the financial adviser who helps you with your investments and how I might contact them?
@@Rubyeverly-Jessica Having a counselor is essential for portfolio diversification. My advisor is ALICE ELAINE HAYHURST who is easily searchable and has extensive knowledge of the financial markets.
@@Victoriataylor5668 Thank you for this wonderful advice. I simply Googled the person's name, discovered her website, and wrote to her outlining my financial market objectives. I hope she gets back to me soon. Gratitude once again.
@@iliovecaRS the American consciousness did not recover. The corruption goes on. The banks did not pay the American people back. People lost homes, jobs, and lives because of this.
@@iliovecaRS 😂😂 that’s funny. Things may look kind of peachy but the Western economy has been on life support ever since. One of the catalysts for the crash, CDOs, are still used to this day just under a different name. The Federal Reserve pumped money only into the stock market to save these massive entities and the average person was left, and will have to pay it back through future taxation. The wealth divide is getting bigger and they rig the stock game to protect the banks/hedge funds at the top. Inflation is also getting out of control because the Fed keeps printing money. Mark my words another day of reckoning is coming over the next decade. Invest in gold/crypto while you can
Optimization of performance is achieved through diversification. Because of this, I have focused my attention on market sectors including stocks, the EV industry, renewable energy, technology, and health that have strong performance and are expected to develop. You'll be astounded by how much may happen in a few short years if you continue to contribute on a regular basis. Here's to $1 million and to FIRE
For the average person, the strategies are challenging. They are primarily carried out successfully by professionals who possess a significant level of expertise and understanding to carry out such tasks.
Several individuals 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.
'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.
Remember when Ben Bernanke was at the fed in 2008 (we can see a footage of him in this video) ? Well. He's on the Board of directors of Citadel. Let that sink in
I remember this, the thing is that we were so poor that we didn’t even notice a difference. Actually quite afterwards because the housing market fell dramatically my dad was able to finally purchase a house with the little money he had. Very very Far away from the main city but it happen
You mean he sold at the bottom and then waited forever to cautiously re-enter with bond funds? I’m so sorry to tell you that diamond hands don’t run in your family. May god help you.
@@Kid_Ellipsis idk why everyone assumes the stock market was the only thing that was affected lol. My dad was one of the cockpit leads for the F-22. Right after the crash, Congress cancelled orders for the jet in order to fund corporals to go lose legs in a forever war. Lockheed slashed jobs, and the global demand for aerospace engineers collapsed. My dad had to cash out part of his retirement in order to put food on the table. In order to prevent ripping my family up and moving them to Maryland (where he'd take a pay cut), he found a job still in Georgia working for the state. It was an effective 40k a year pay cut and government jobs are atrocious for having bad raises. It was averaging about 1% a year vs the ~3% inflation, so he was losing money. The job market for aerospace engineers doing his kind of work only really started recovering in 2016. With this there was a beginning of a mass Exodus from my dad's place until the state reviewed everyone's pays. My dad got just shy of a 40% raise and it put him back to where he was a decade ago.
Scary to think about all of the lives that were ruined in result. People literally ended their life, got divorcees, etc. Scary stuff that could've been avoided
I was a Sophmore in High School when this went down the month of my birthday(September). I literally had no idea any of this was happening. Looking back at the information, news coverage, documentaries, films, I'm happy I didn't. As an adult now saving for my future, this terrifies me.
Actually it shouldn't if you're still young. I was in my late 20s when this happened and lost half of my 401k. Yeah it sucked but since I was so far away from retirement I didn't sweat it. I still put in my max 401k amount my company matched and bought stocks for cheap. Now I've quadrupled my 401k. Im hoping another "correction" happens soon since I'm about 15 years away from retirement. It happens now it will give the market time to recover by the time I retire.
The US economy's influence on the global economy means that its instability has far-reaching consequences. In such times, safe-haven assets like those with strong FA and cryptocurrencies offer protection. Investors must prioritize asset protection, diversification, and balanced portfolios to weather market fluctuations.
Investing in a variety of asset classes will reduce risk more than putting all of your money in one. If your financial understanding is lacking, see a financial consultant.
Several individuals 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.
'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.
If anyone’s interested in why this wasn’t predicted by some I’d recommend watching the film ‘The Big Short’ a comedy-drama based on a true story of separate groups of people who see that a crash is coming. Its got Christian Bale, Ryan Gosling, Steve Carell, Brad Pitt, Jeremy Strong (Ken Roy from Succession) and celeb cameos that break the 4th wall to explain things as they happen, like Margot Robbie. In short, it’s not that the big financial companies didn’t see it coming, it’s that they just didn’t care and knew they’d be bailed out by the U.S. government. It’s an entertaining film that really highlights the fragile environment that allowed the 2008 crash to occur.
I lost all of my friends at school because their parents had to move out of the state to get a new job, the area I lived in was hit hard with the auto industry laying everyone off. On the plus side, my family was doing relatively okay.
I had similiar experience, many parents we know had to sold their houses and move to different state where they can get the job. I almost had to do the same thing. It was so scary and sad back then.
I don't make any money from the videos because of the song so feel free to Venmo me at Miles102 if you enjoyed it! Thank you!
22 mins ago....kinda sus....
Congratulations this video is playing with youtube algorithm.
Considering you used media from that time. Do something with the media and gamestop(or whatever else sounds good) with clips from that if that is your style.
The next economic implosion is going to make this look like a walk in the park.
Make a video on how fast these stocks went up & where was its peak from the dip
I went through this as a poor kid, so I didn’t even have a quality of life change at all. It was amazing.
Same here! I would get scared when people talked about how everyone was losing money all while everything at my house was the exact same lol
Oh it affected you. It made it way harder to move up out of where you were.
@@mikealaniz7236 I’m making 79k with adt, I’m up12% on my portafolio. I learned from their mistakes
@@Meezyb33 good. Remember the biggest mistake everyone made is trying to own a house that you couldn’t really afford.
@@mikealaniz7236 we weren’t going anywhere lol
I had absolutely no idea this was even happening in the world at the time. I was just in my room playing Modern Warfare throughout the entire crash.
@@jendrizzyy Yeah, that too! The Sims games have always eaten up a lot of my time.
Best place to be. Best thing to do. 👍
I was on my PC playing the online multiplayer 2d side scroller "MapleStory".
I was sporting a new Yamaha R6 I bought while landing an IT desktop job at Chase. I had no damn clue
I was in high school no idea wtf was going on. Family was poor so it didn't effect that much lol
If this were to happen now, Robinhood would simply suspend trading.
Simply built different
Nono. Cannot sell, but only buy.
If they suspended trading but the opposite way this this time where u couldn’t sell they would get hammered so hard by lawsuits because there’s no excuse or loophole like saying “volatility”
zing!
It didn’t happen in the 2020 crash though
My biggest regret is not buying stocks during this crash because I was 6 years old.
You could have used those profits to invest in bitcoin at age 11
"You're getting rich when you're buying. Not when you are selling"
You can invest now
Me too
But I started investing in Russian stocks when the market was low after the war started
@@russiandream11 stock market is for l osers. It will not give you good results. If you wish to double or make half of your investments monthly- get into Crypto trading, but only with Futures, not spot. Don't just buy crypto and hold it. Instead invest in futures contracts for crypto(price movements), this way you can earn money on price movement of certain asset, including when price goes down.
*stock market plunged 10%*
“WE’RE ALL GONNA DIE!!!”
*Crypto losing 30% every hour*
“It’s fine”
And back up 50% , just another Wednesday
It's so damn true tho 😂
The only Crypto I can think of that volatile is doge coin
GME has really made me immune to volatility
"holy shit pretty stable today!"
More money are lost making some mistakes in market crash like: rushing to buy stocks, having a get rich quick mindset, micromanaging your portfolio.
Sometimes Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+
Mind if I ask you to recommend this particular coach you using their service?
My CFA ’Amy Desiree Irish’ , 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.
Just ran an online search on her name and came across her websiite; pretty well educated. thank you for sharing.
In 2008, I was buying GTA IV at Gamestop
In 2021, I’m buying Gamestop while playing GTA
Finest GTA & Finest stock
Gta 4 was the best
In 2008 I was going to amc theaters to watch movies.
In 2021, I'm part owner of amc and looking forward to the movie about how I became that
And also rebuying gta 5 for ps5💀
Soon you Will be making money playing GTA with them bringing Crypto in to the game.
More than a collapse in the stock or real estate markets, inflation has a direct impact on people's standard of living. It’s no surprise that current market sentiment is so negative. To navigate this economy, expert guidance is more crucial than ever. ETFs, stock markets, and the housing sector are all volatile. My $350k portfolio has taken a serious hit.
However, there are still investors making solid returns during this period. You need to be well-informed or seek help from a professional.
In my view, investing was far simpler back in the '80s; today’s environment is much trickier. Those consistently profiting in the current market are usually professionals, which is why I've been working with an advisor for the last five years to build my portfolio in preparation for retirement.
My partner is thinking about following a similar path. Could you provide more information on the advisor you work with?
Rebecca Lynne Buie has consistently been my top recommendation. She’s widely recognized for her expertise in financial markets and has a strong track record. I highly recommend her.
Thank you for the recommendation. Finding her online was straightforward. I did my due diligence and scheduled a call-her credentials are impressive and she seems very knowledgeable.
Dude, I remember 2008. Yet this footage looks straight out of 1997
reminds me of *big shot* soda *1997* ad
This quality look better than currents
On top of that your probably watching it on your phone which boosts the image quality.
@@nightnday6675 Dont know if the J3 has that kind of firepower
I know and 90s footage looks like its the 80s
If this was to happen now . Everyone would be like 'buy the dip, we going to the moon'
Well those that held thru the 2008 dip would be banking right now
Smort
Exceeding expectations? Some people not destined to be rich
And how would that have worked out long term for those people
@@scottiZepidemic market is make money easily but need time
"8% drop"
Crypto traders be like...rookies numbers...
😂
Lol fr try 40
Yes 8 to 13 percent drop is normal in crypto drop above 25+ gives u tension
Me with doge. Every time I buy it crashes 10-15 % fml.
with this comment.... you won the internet today
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 .
i'd advise you redistribute assets in your portfolio with the help of a pro so you don't get burnt in the market
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.
pls how can I reach this expert, I need someone to help me manage my portfolio.
*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.
Thank you for the lead. I searched her site up and filled the form. I hope she gets back to me soon.
Crazy to see how many peoples parents lost everything…I remember my dad being cheap AF around this time telling me “all these people are broke, they can’t afford any of this, you’ll see soon” All my friends had new bikes, dirt bikes, skateboards, clothes, their parents had new cars and we had….none of that. Hand-me down everything’s, parents drove old cars so on and so forth. I was constantly bullied in school for “not having” the same things as many of my peers. I was always left out of activities because my parents refused to drown themselves in bad debt.
While the world melted around us, we had 0 change in quality of life. If anything, everything got better as my father was able to begin his real estate investing “side hustle”. My dad perfectly predicted this and this is just one of the many many reasons my dad will forever be my hero.
Your Dad knew the difference between an asset and a liability.
A number of people near me, some in part-time jobs, lease Range Rovers and suchlike mainly for the school run and they dress up to the nines for that as well. As Warren Buffett said, ''only when the tide goes out do you discover who's been swimming naked.''
So you basically had a shit childhood and missed out on basically everything but got better slowly overtime. How is that any good
@@Kxvito he learned a million dollar life lesson and will prosper with a high probability
@@Kxvito It's only a shit childhood if it revolved around materialism. Most who lost everything in 2008 due to living beyond their means are still fucked to this day.
Wall street traders at 25% drop : Craziest day ever
Crypto traders : First time?
Wow what a funny joke. it's not like this entire common section is making the same one.
That’s because Crypto trading is a joke to anyone who is in actual real assets unlike Cryto crypto all i need is a good hardware and software and I can hack into anyone’s account it’s out there and it’s been proven many times but
Meanwhile crypto who dropped nearly -50% - 😐😐
Yeah, because behind stocks there are real companies, with real assets and products, and behind crypto there's absolutely NOTHING, pure speculation on a casino level.
So don't be so proud to be a "crypto trader".
Coz Wallstreet traders actually buy and sell companies.
That's a normal day for crypto traders.
True😂😂
In whole vedio I was like
Buy the dip😂😂😂
@@harman_.sandhu yess🚀
700 was pretty big back then though
@@crowbar3 yes indeed
I’m brand new to buying stocks. I need basic instructions on how to spread $100k across the market in order to achieve a 7 figure portfolio. I'm wondering if now is a good time to start investing, or do I wait for a crash to buy at discount price? Any guidance in this regard would be much valued.
I'd suggest you discuss with a proper advisor, particularly if you're new at investing or facing uncertainty. I personally have over 180 companies in my portfolio, so if few companies fail, I still have others that can hold me up.
That's smart. I'm quite lucky exposed to personal finance at an early age, worked full time when I was 19, purchased first home at 28. Going forward, got laid off at 36 amid covid-outbreak, and immediately consulted an advisor to stay afloat. As of today, I'm only 15% short of my $1m goal after subsequent investments.
excellent! how did it work out for you? been on red more than 20% this year , but hoping to bounce back
The advisor am currently working with is Judith Lynn Staufer. I came across her in a Bloomberg interview for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look her up.
Thanks for sharing. i searched her full name and found her web instantly. After reviewing her credentials and conducting due diligence, i reached out to her.
I was 11 when this occurred. I didnt even remember this occurring but I do remember my parents talking about it at the dinner table. To many folks, 2008 was a horrible year, but to me (as a kid) It was the happiest time of my life. I just played video games, hung out with friends, watched TV, all without worry. I miss being a kid.
'97 babies 💪
Same here, I remember gta 4 came out that year, it was good times.
We all miss being a kid! I had just graduated college a year prior to this crash. The job market was already bad and this made it worse. We were blessed to suffer any major losses though.
thanks for the info
Same here. I hardly remember anything about the recession, it was just business as usual for my carefree young self. Either my family was fortunate enough to avoid the worst of it or I was just too young to understand what was happening.
@Aiden same here brother
Meanwhile in the crypto market: whole market lost 30% it's value in 3h- "This fine we going to the moon boyz! 🚀"
Fcking true
every other day is a black monday lol
Buy the dip
Well, today 40
any asset you hold more than 24 hours will burn a hole in your pocket
Young Me 2008: Why are all these old people freaking out ? 😂
Me Now: I should’ve bought that dip 😭
That hit home 🎯
Faaaactttttssss
Coming soon bro dun worry
Your time will come,hope you will just have a spine and some cash at that moment...
AJAJAJAAJAJ
Do you think it's a good time to consider selling some stocks, the election might really affect the market. I’m considering rebalancing my $2M portfolios, So I'm curious of the best strategies to use.
I guess it's important to reassess your investment strategies based on current market conditions. You should also consider a market expert to guide you.
Working with a financial advisor has been a game-changer for me. They provided invaluable insights and tailored strategies that aligned perfectly with my risk tolerance and financial objectives. With their support, I've seen significant growth in my investments and gained confidence in my financial future.
Working with a financial advisor has been a game-changer for me. They provided invaluable insights and tailored strategies that aligned perfectly with my risk tolerance and financial objectives. With their support, I've seen significant growth in my investments and gained confidence in my financial future.
Partnering with a financial advisor has transformed my approach to investing. Their expertise and personalized guidance have not only helped me navigate complex financial markets but also optimized my portfolio to achieve my long-term goals efficiently.
pls how can I reach this expert, I need someone to help me manage my portfolio
Everyone: WE ARE LOSING MONEY
Me: stonks on discount
This is the way.
Ok, but seriously, this is why you keep some cash on the sidelines. So you can capitalize on periods of market weakness
@@xChemistryFTWx gold is better than cash
@@surajpatil7441 What broker do you use that accepts gold?
@@nicholasrickhoff2912 he probably means gold etf
I remember sitting at A restaurant when it happened and being so poor I saw no change in my life at the time🤯
little did you know, your wages were devalued, meaning your time, life, skills and well being were devalued
@@bullmeatt eh....
@@bullmeatt to those of us who are poor, the stock market crashing doesn't change our lives.
Its weird that the worst economic downturns always happen in the Fall.
Yeah my family were already poor we didn't give a crap. It actually made it easier to find a job once things started moving again, same as now.
Bitcoin: "aaaaand we're down 34 percent today"
Everyone: "sounds good"
time to buy
Just another Tuesday
@@LaughingMan44 If you're not saying "sounds good" during any 34% move to the downside, whether it be in a bull or bear market, you need to either seriously reevaluate your investing/trading strategy, or realize crypto is not for you.
@@joshuanbray Do explain how a 34% move downward is a good thing if your bags are already full?
@@LaughingMan44 Scenario #1: You're in a bull market and the market corrects 34%. "Sounds good" because you're calm and collected from understanding this is normal, from understanding market cycles, basic TA, and utilizing stop losses strategically. Bonus points if you could see signs of a correction and DCA'd out so you're bags aren't full. It's not that hard. Scenario #2: You're in a bear market and the market corrections 34%. "Sounds good" because your responsibly and strategically set stop losses will have saved you. Learn advanced TA to learn how to trade these massive moves and you'll really be saying "sounds good!". If you can't/don't have time for/don't understand, any of these measures, then you should NOT be in crypto. There are many in this space that are saying "sounds good" to a 34% correction, and if you're not one of them, like i said, you need to seriously reevaluate your investing/trading strategy, or realize crypto is not for you.
Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.
Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.
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.
Hey, I'm trying to find a certified one to boost my investments/portfolio, but it's tough online. Can I get a rec from you, since you know about this stuff?
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 ‘’Eleanor Bonnici Deskin’’ for about two years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
Family lost the house, parents divorced, mother moved into upper poverty, father moved into my grandparent's home as his business declined dramatically. I was around 10-12 years old. This whole experience still scarred me and informs so many things I do. Luckily both my mother and father recovered nicely but the paranoia is still there
Huh … did they put all their money in stocks?
Welp hope they’re ready for the one to come….
I lost my job back than, many parents in neighbourhood as well and they have to sold their house and move to different state where they can get a job. It was really scary back then.
It’s not paranoia , it’s a very realistic sense of expecting disappointment/disaster. All the large banks , insurance, stock market … from so many angles added to the problem
Did your parents get back together?
The best buying opportunity of a lifetime!
The government bailout of banks during the crash was the main reason bitcoin was invented
@@mistahozzy Bitcoin was invented to sell from people with no trace.
@@christopherhiggins4249 is that what cnn told you? The inventor specifically mentions the banks bail out. It’s no coincidence there’s a limited supply unlike fiat cash.
@@mistahozzy I don’t watch cnn bud. Maybe you should turn off the news.
@@christopherhiggins4249 I never mentioned I watched the news
My dad lost his job in 08 because of the crash. I’m one of 5 kids, and we were forced to live in a one bedroom apartment because that’s all we could afford. My parents are very generous with their money and donated 500-1000 dollars every year to charity. They decided in 08 that they should still give the money to charity. One month later, my dad got a call from the local high school. They hired him, he’s now the head football coach of the team, he’s won 3 state titles, and got promoted to principal, and is retiring at the age of 52 next year. Goes to show how good always comes from giving.
I’ve given 15k dollars to charity and I now live in my parents guest bedroom good does not come to those who give
@@thegodofsilence5580 be smart with what you give too; don’t give up 15,000 dollars if that’s all you have. My parents could afford giving up some money while still getting by, although it was tough in 08.
@@thegodofsilence5580 maybe cause of what you just commented I doubt the father was expecting for his life to turn around just for giving all he could he did it cause it was a good thing to do regardless of a reward
@@thegodofsilence5580 it won't come quickly, it'll take time.. and also, how come you had 15k but living with your parents? where did you get the money?
@@thegodofsilence5580 it's time to be self sufficient dude, dont get close friends, just acquaintances, don't consider anybody as your close friend because there will be none, they only care about their own happiness and fun, the people close to you dont care about your suffering because they find it boring, so avoid those people.. then a few years from now, you'll be in a better situation, without the help of anybody.. succeed on your own and treat no one as your friend.. yourself is your friend who can help you in times of needs.. walk through the city streets all alone, dont look back at anyone.
Recently bought some recommended stocks and now they are just penny stocks. There seems to be more negative portfolios in the last 3rd half of 2023 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder.
The truth is that this is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. My friend just pulled in more than $84k last month alone from his investment with his advisor. That is how people are able to make such huge profits in the market.
I’ve been worried sick about the current state of my portfolio, who is your advisor?
’Sharon Marissa Wolfe’ is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip.
Don’t you love it when you experience two “once in a lifetime crashes” in less than 20 years? What an amazing system we live in!
It is amazing because these are opportunities of a lifetime
Ignorantly Defending the system and dreaming
Lol, is there another system? One that works better? Covid could not be avoided, since it's human-related. You'd die working for another kind of economic system, but you'd still die. Same thing goes for 2008. You can change the system, but you can't change the way people are. They've been greedy, there weren't enough controls at the time. Just change the system, add controll. But people will still be as greedy, and will find another way to fuck up, trust me. We aren't as smart as we think, we are just evolved monkeys that constantly try to hide their animal instincts.
@@peterpete4631 there is another system, it's called a scary word for americans, that being socialism
@@Shvabicu Wouldn't call it opportunity of a lifetime when millions lose their jobs. Sure you can buy the dip but that's assuming you have enough cash to invest and survive the recession
I love how everyone’s sharing their stories. My family decided to move to America in 2007 for the American dream lmaoo, I really can’t think of worse timing.
holy moly
That timing was probably pretty good, house prices were really low
@@donglebookpromax6405 it was a bubble
@@land2097 that’s my point, it was a good time to buy right after the bubble popped
I know a guy who quit his job to pursue comedy full time four days before the pandemic hit.
Ha, this has nothing on the people that bought GME at $496
Codm player spotted
Iferg, more like isuckdik
TO THE MOON! 💎
@@ZanaaaXY lol. Congrats if you bought early 🙌💎
😂
If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you.... prevent inflation
Right, the role of adisors an only be overlooked but not denied. I got financially free at the age of 49 with over $1.6m in investment account alone. I was shocked that I made more money with money than with hard work, even my CEO income. Earning "return on investment" makes me more happy. (But I still enjoy working)
Spot on. The market presents different. opportunities to create passive Income, with the right skill and proper understanding you're good to go.
You're right, the best time to buy in the market is when there's fear. A huge part of my growth has also come during this bear market. This year alone, I have scaled from 180k to over 354k.
How were you able to make that much?
Seems like I'm not lucky enough.
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 Mary Callahan Erdoes Services...
I remember I just started college a year after this happened, so a ton of older students were coming back to school since the recession tanked their careers. I was majoring in art at the time. All the adults in my classes urged me to find a "recession proof" career so I didn't "end up" like them. I switched my major to math and statistical analysis because I feel like visualizing data is still "artsy". I'm so glad I listened to all those kind strangers now with the current economy.
Edit for everyone butthurt in the comments: I chose to switch majors because math gave ME PERSONALLY more financial stability. I PERSONALLY didn't find majoring in art fulfilling enough for ME. If YOU we're successful with YOUR art major choice in life, then good for YOU! Not every single comment on the internet is a personal attack on YOU.
Good girl
Good for you glad to see someone actually take advice instead of ignoring them and complaining when the thing they were warned about happens
@@bigdogstatus4528 Oh yeah basing your major life choices on the opinion of people who know little to nothing about you sounds very reasonable lol
How does math compare to what you wanted to do originally? As in, are you happy with your choice to change?
@@Aldo-lq8fd I do BI visualizations so it's super artsy! I'm very happy.
No one went to jail and they broke the law . Once again this will happen
Yeah just have your savings ready to buy
See you then mate lmao
Hold the stonk
It feels like in this market most of the great companies have their shit together
Time for a big short
"OMG Apple down 7%, Ebay down 6% panic!!!"
TSLA traders: "Totally normal phenomenon, will rebound eow, buy the dip stocks on discount."
That 7% or 6% carried on more than a day.
im now 47% down with NIO
When you've got a CEO able to manipulate the market to his advantage because of a generally sycophantic public, then yeah, you're almost guaranteed to be fine haha
Considering how big a 6 and 7 percent dip is that's very big and a lot of money.
@@illitero exactly.
RUclips evil for recommending me this now 😭
Its over
@@Marshin209.it’s coming my friend slowly like waves
They just weak sauce, we don’t want the fun to stop and they will do anything to keep the party going.
It’s like they know how to tell us.. without telling us
"Be greedy when others are fearful."
buy when there's blood in the street, even if it's your own
Catch a falling knife
And fearful when others are greedy
Oracle of Omaha
Much easier said than done.
"The opening bell is about to ring in 5 seconds, but to be honest with you, I wish it wouldn't." I'm fucking dead. XD
Its the best part of the vid. Make sure to subscribe!
@SEAN PETAIA around 1:25
P.S.
Buy AMC stock
Timestamp 1:16.
RIP Mark Haines. He also called the bottom on the exact day. They just sold an NFT for that clip from 2009.
@@realSamAndrew wonder who will get it this year? Cramer? Pftttttt 🤣
My brother worked on Wall Street during this time. Made more money than my whole family combined, heading some department that did consulting work with several major banks. He had lots of contact with people. He knew two guys who committed suicide because of this. They apparently lost millions of dollars. They went from living in penthouses and driving Maseratis to unemployed, living with their parents. They weren’t bad guys either, they had worked their way up honestly and given it their all. My brother took a major hit too, but had a lot of assets and smart investments (mainly gold) so he was more or less fine.
He says the big banks saw it coming, and they knew exactly what they were doing. He heard from someone who heard from someone in a high stakes meeting that directors of major housing and loan departments threw parties because they had profited so well from the crash.
Makes me sick just thinking about it. People dying from this, but the VIPs partying because now they have more commas showing when they show their account to the stripper on the pole.
Insane
Sure it was “honest”
No one cares waist of your time
BS
So, the rich get richer?
The difficulties that the current generation faces are quite depressing. I wanted to know how to use some money that I had. I used a small portion of it for online sales, but that failed. My primary concern is safeguarding my $300K stock portfolio from loss, but I'm not sure how to go about it.
Yes, things may be difficult now, but I've realized that there are always possibilities to make significant gains in bear and bull markets, recessions, and economic booms. I used to call people out when they boasted about making a fortune in these down situations, until I actually did with the help of my advisor.
Yes, things may be difficult now, but I've realized that there are always possibilities to make significant gains in bear and bull markets, recessions, and economic booms. I used to call people out when they boasted about making a fortune in these down situations, until I actually did with the help of my advisor.
Yes, things may be difficult now, but I've realized that there are always possibilities to make significant gains in bear and bull markets, recessions, and economic booms. I used to call people out when they boasted about making a fortune in these down situations, until I actually did.
People often underestimate financial advisors' importance. Over 50 years of data reveal that those who work with advisors typically earn more than those who go it alone. I've been fortunate to work with one for 13 years, resulting in a $1 million portfolio, largely from early investments in digital currencies and other growth stocks..
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?
Crypto people be like: lol
😩🤣🤣🤣🤣
Crypto would be worse for a short time. When a stock market crashes, it takes commodities with it. Because most of the etfs are bundled with gold and silver. Also when people have huge losses, they try to offset it by selling valuable assets like crypto. The next crash might happen next month most likely. Im keeping away from stocks or cryptos until it becomes discount price
Crypto people be like: aww shit, btc farted here we go again
@@pembebulut2781 Next month most likely. Hahahahaah sure.
@@pjn-je4hb evergrande is like china’s lehman brothers. When did Lehman brothers filed bankruptcy? In September. When did stock market crash? In October. There are more companies like evergrande that are about to collapse with $300B unpaid debt. Only that news made crypto loose 25%. Lets see how that causes domino affect.
Imagine buying the dip at this time
Or buying puts
Buy da dip
@@Theroadneverending Ooh Da Dip, good choice
Sure you could but you can never know what the "dip" is or IF itll recover. Because stocks can keep falling and falling until theyre pennies.
@R If you´re still in Tesla stocks I would sell right away. People must be crazy in order to justify the current pricing of the Tesla stock, considering a company that currently "only" sells 600-700.000 cars a year (compared to Volkswagens 11 million and Toyota about the same) has the 6th-largest market cap of any company in the world. The market Cap of Tesla is the same as the COMBINED market cap of the 9 largest (current) automobile manufacturers. It is simply beyond ridiculous!
This destroyed my family. I was 12 when this happened. Lost cars my childhood home. Parents divorced, my future snuffed. My dad got super into survival preparation because he thought the country was going to fall.
I was reduced to driving a tractor trailer long haul. I had been a financial analyst. I lost all my friends and watched my relationships sour. I ended up having to sleep in a storage unit. I feel your pain; you are not alone.
Was you family over-leveraged?
Just don’t fucking dance, okay?
you father & mother are responsible for not setting themselves up for failure - not the market.
@@4777hamza literally everyone was fucked over during this. That was probably the most ignorant thing someone could say and you said it
I'm glad you made this video it reminds me of my transformation from a nobody to good home, $89k weekly and a good daughter full of love..
My advice to everyone is that saving is great but investment is the key to be successful imagine investing $15,000 and received $472,700.
Hello, I'm a Doctor from Scotland, how do you make such amount? I'm a born Christian but sometimes I feel so down of myself because of low finance but I still believe in God.
Making touch with financial advisors like Amalia Bunker who can assist you restructure your portfolio, would be a very creative option. Personal financial management will be crucial to navigating the next difficult times.
Unfortunately, not all of us were financially literate early. I was 35 when I finally educated myself and started taking steps. I went from $176,000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and over $1,000000 net worth.
Same here, I believe the Bitcoin ETFs approval will be life changing opportunity for us, with my current portfolio of $108,000 from my investments with my personal financial advisor i totally agree with you
I remember leaving school in 2008 and the job market had collapsed. Warehouse jobs had stopped hiring 16 year olds because of insurance and so I went to college instead. The course I took was supposed to be 3 days a week, but because of the recession, the tutor wanted 5 days a week work from the college and so he started making us do 5 days instead of 3. When I eventually got into some warehouse work 2 years later, I saw so many people who were working every hour they could to afford their stupidly expensive mortgages that they couldn't afford to begin with.
EDIT: I'm from the UK.
I left the same time with almost every lad at my age wanting to go into a trade of sorts, I knew there was very little apprenticeships remaining if any at all so I decided to go into office work instead were the office was like 18 women to 2 men so I was welcome with open arms so to speak filling the diversity quota, works a bit boring but I've never looked back and in a sorta sick way its thanks to that stock market crash 😄
Bad memories. Please be ready. The market is about to crash in a much larger fashion soon.
@@goqsane uno reverse it
I remember 2008. I made out pretty good. The wife inherited a crapy house on 3 acres I was constantly fixing. It was 2 years of hell living there. In August 2008 Some big developers offered us a lot more cash then that shit hole was worth if we would sell and leave in a 10 days. Put our stuff in storage and lived with family. Then the crash. Took the money and got a nice place for a great deal in November. More then once someone has asked me how come you work at the garbage dump your wife works at a grocery store and you live in a big house in the nicest part of town. One word LUCK
Shoulda joined the military...I made out just fine with no debt.
The legend says that same day Satoshi locked himself in his room with his computer.
@@DaveReithmiller1983 yes, clearly. lol
Trading in crypto or stock require an expert, account analyst or you win today and below off your entire account the next day. That's why you need expert like Tracy Monroe trade for you 👌
@@Jessrobbie Hey
I did invested with her , i made huge profits
Thanks for recommending her
@@Jessrobbie Hey can you connect me to her?
@Leila Denmark wow surprised.. I thought people don't about her
Gamestop has trained me for a moment like this
This is the way
@@pablo_fre5hcobar This is the way. We might as well call ourselves a cult now.
@@jakewallace9060 💀💀
Crypto taught me this. I'm basically immune to market volatility...
Only trading options from being priced out of markets and crypto allows me to snort volatility off the toilets of dive bars.
The Fed is undoubtedly responsible for catch-up efforts, as they were first too slow to control inflation. The pandemic, supply-chain issues, are all contributing reasons to the impending inflationary perfect storm. I'm still looking for companies to make additions to my $500K portfolio, to boost performance. Here for ideas...
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown
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.
Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
Thank you for the lead, searched her full name and at once spotted her consulting page, she seems highly professional having over 12 years of experience. amazing!
I’m high af and this is exactly what I was looking for. What a nice piece of history
Bro, holly shit same
Same
LMAOOO same
@Nicolai ahhhh yes a ressecion so china fell
Wtf me too
9% drop and they’re freaking out? Man, last month we had a 60% drop in crypto and we are still buying the dip
Your account values are milk money, the pros on Wall Street are managing huge account balances.
@@critterdude311 lol the pros on Wall Street MADE money in 2008 what are you talking about. It was the regular working class with “milk money” as you call it who lost.
Buy the dip.......hope atleast ur children will see the gains in crypto.
@@billie0429 the 9% drop crashed the world's economy and caused a crisis that lasted for years, cryptos' 60% drop doesn't do anything close to that, that's the difference
@@Marco-zt2jj exactly
The funny thing is this looks like a healthy crypto market 😭😭
Healthy crypto market? A contradiction in and of itself
@Roy Hundred k I didn’t ask lol. It’s my money why you do worried about it?
Cryptos don't mean shit, they're virtual lotteries, the price can go up or down and nobody cares other than the bunch of people who bought them. What happened in 2008 affected the whole world's economy for years
@Roy Hundred Thats why you're broke
@Roy Hundred cap. You’re about to see that it’s not once it’s regulated 🤣🤣 stop spreading false info
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.
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money or you could hire a financial expert.
Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2020, and I return at least $30k ROI, and this does not include capital gain.
this is incredible! how can I get your advisor, mind sharing info, if you please?
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.
I searched for her full name online, found her page, and sent an email to schedule a meeting. Hopefully, she responds soon. Thank you
So, I graduated high school in 2009, and my parents didn’t understand why I had a hard time finding a job. Reference for my parents:
But we are in 1998
Did they not watch the news back then?
@@KiRMett lol apparently not
@@itsmitch2162 🤣
how are you now?
"The opening bell is gonna ring in... Uh... 5 seconds and to be honest with you... We wish it wouldn't."
Thank for transcribing
@@cbz3237 yea this guy is a gem, I didn’t know how to translate that English into English
Thanks for that...We none speaking english can not understand fast english.
CBZ323 simply highlighting a funny part from the video
@@rhettmeyers474 The only person who got it. Thank you lol
You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10k in a meme coin for months ago and now they are multimillionaires way to miraculous.
Who else think this Bitcoin trade is kinda easy but is way to nervous to start.
@@kathleeng.wilson1652 .if you know there is one of this changes in trade gain's is not always assured
@Zossima Fyodorov .Not everyone has the patience and time to grow in stock market
I thought of investing in the stock market few months ago but I was discouraged by my friends.
@@ashleye.carter1009 should anyone throw stone at you
I am trying to avoid making any new buys at this point in other not to get sucked into a bear market trap.It's tough making money in stocks when institutional investors are the driving force behind the selling.. although I read an article of people that grossed profits up to $150k during this crash, what are the best stocks to buy now or put on a watchlist?
Focus on two key objectives. First, stay protected by learning when to sell stocks to cut losses and capture profits. Second, prepare to profit when the market turns around.I recommend you seek the guidance a broker or financial advisor.
I agree, reason I have all my invt-decisions ran through a coach on a daily-basis, it’s been 3years and counting and I’ve grown over $2million in gains, my coach's-analysis so far has steered me off losses and troubled waters and guided me make the most off major-breakthroughs in the mrkt, and esp. in this downtrend, her safe haven asset- trading, short-selling, ETF shorting skill-set are very essential..
I've been thinking of going that route, been holding a bunch of stocks that keeps tanking and I don't know if to keep holding or just dump them, think you coach could aid me with portfolio-restructuring?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Amy Desiree Irish” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
I just looked up this person out of curiosity, and surprisingly she seems really proficient. I thought this was just some overrated BS, I appreciate this.
I wish I was old enough to invest then. I would had gone on a shopping spree of those discounted stocks.
Stonks*
you had another chance in march
You'll have another chance rather soon...
@@alieosharp3083 true. Summer sale is coming
It’s coming again soon get your wallet ready
2008/2009 hit my parents hard. Having only been 10 at the time, i didn’t know what was happening, nor could i fathom it as they kept it on a downlow for myself and my little brother’s sake. Found out later that because my great grandfather passed on in Christmas of ‘09 and because he wanted us to have the house he built back in the ‘50s, we just narrowly escaped living on the street.
Shit I sure am glad for you
Similar situation. I just started to drive around this time and remember 5$ barely getting me enough gas to get to school. Gas prices were crazy. I was working in a restaurant and it was so dead for so long it was bad. I observed it first hand at 15-16 and now understand how to manage risk to avoid this bullshit.
I remember my dad was buying all kinds of new plasma TVs and electronics and was living large then the next thing I knew my mom was screaming what are we gonna do in the kitchen when my dad was laid off months later. Kept hearing them talking about losing the house. It was a dark period. You can just feel the fear. Scary stuff I was about 13 when it happened. Still couldn’t fathom it. But life at home changed. Mom started working a lot. Dad was home all the time. Eventually he started doing his own small business but it was just such a shock. But I also had a grandfather that was pretty wealthy and helped them through it. All of the sudden I haven’t been to a doctor until I moved out on my own 10 years later.
Sorry to hear such experiences in life when you were supposed to be playing care free as a kid. Down the lane nothing seems to have changed pandemic and stuff. Not sure where we are heading to.
Same here. My parents had a small construction business and in 2007 they invested in a warehouse in another country to meet costumer demand and reduce logistics costs. My father was abroad when shit hit the fan in my country. Suddently all costumers stopped to pay. Funny thing is when there is a lot of money circulating and people have status they can ask for whatever credit they want and you would loose a huge deal if you denied it. My mother cried everyday. Bills started to pile up as she felt the moral obligation to keep the business running because of its 15 employers, including a bunch of relatives. I was 13 at the time and i didnt know what to do but to keep supporting her. A lot of family friends suicide because of debt, others fell into alcholism and never were the same. In 2011 my mother decided to close the business and all the workers trash talked my family, although the 3 years of pain we had to endure for them to not be jobless. I dont wish even to my enemies to live like that. All because of wallstreet speculation. Fuck all of them.
Look at those juicy dips. AMZN hit $37 around that time, just saiyan.
I mean yeah as long as you weren't bagholding before the drop.
Cisco has my mouth watering at $6 dollars a share and the dividends payout id be retired. Witht that and the other dividend stocks i saw on sale in the video hahaha
@@AllenSmithe or the number of bankruptcies that followed - buying a dip is always smart if the company recovers hindsight 2020 lel
That would've been super saiyan buying then
@@johnkirk1772 Yeah hindsight 2020 but thats why you should never invest money you're not willing to lose or cant afford to lose!!
I'm new to investing and would like some expert advice on the best strategies and resources for beginners.
Building a financial portfolio can be daunting. Getting expert guidance ensures informed decisions.
Seeking advice from financial experts like Della Martin can be a wise move to optimize your portfolio, providing valuable insights to inform your decisions.
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To achieve your goals, work with a trustworthy trader like Della Martin
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I remember walking home from middle school and saw my mom home from work early. Then my dad called me from our house phone and said your mother just lost her job and to help her take it easy. From that point they did literally everything from collecting rain water to lower our water bill to my Dad working a 9-9 just to keep our house. I didn’t realize just how stressed they were until I understood how bad this recession was many years later.
Good times
❤❤
Collecting rain water bruh how much does water cost in Your Country?
@@muhammadswalih8923 water bills depending on where you live could be crazy like if you live in a place like Nevada which a desert.
@@stevensteven9657 I lived in Saudi Arabia for 13 years, It is a Desert nation. Water bills weren't an issue. My dad earned like 15,000 dollars a year.
@@muhammadswalih8923 it’s just GREED lol. And deception. Companies don’t really need that much money for electricity/water
"History doesn't repeat itself, but it often rhymes" - Mark Twain
More like capitalism fails every 10 years 😭
History is full of human fingerprints, it's bout to happen cause we like patterns lol
@@user-lg3yj2fz2j yes and socialism succeed every time in history
@@TienNguyen-ry5jz Not sure anyone's ever really tried Socialism. Like real Socialism.. No, that's Communism, it's not the same. No, that's Fascism, very far off. No no no, That's Social Security. Though that's closer but it's still a part of a healthy Capitalist economy. But I agree with the sentiment. Socialism by itself doesn't function. And neither does Capitalism. Got to blend a little of everything to get the right balance. Or not. I'm sure everyone's happy the way it is now. =D
@@TheVallin I do agree, a mix system works best, I just think we the people should not give the government more and more power everyday. Through the entire human history, Every disaster begins with government intervention. I just don’t want history to repeat itself.
My portfolio lost 60% of it's value in the months that followed. I stubbornly refused to sell. Instead, I acted like an idiot and shoved my head in the sand. I couldn't even look at my statements. Less than 2 years later, I recouped all of my losses and now I'm on track to retire early. So much for the "Great Recession".
Teach me?
Buy and hold for dear life.
Thats why you only invest what you can lose. Some people did not have that luxury or confidence to hold
@@timrokot2050 The best form of investment education is "role playing". You take the role of "your portfolio" and a friend or family member can serve as the "stock market". Hand them a stick and have them beat you mercilessly for long periods of time. Your goal is to remain motionless. Once you can do this without flinching or running away, your training is complete. Good luck!
You have a golden hands
It was a very bad decision to remove the Glass-Steagall Act in the late 1990s, which led to the spectacular failure of huge banks during the financial crisis of 2007-2008. To prevent another disaster, Dodd-Frank and this statute both need to be reestablished right away. What happened with SVB is only the beginning of what will happen if nothing is done to address the current situation.
I believe SVB was making an effort to reorganize their bond portfolio. Yes, they would lose money if they sold their low-yielding bonds. But, they were trying to make up for it by repurchasing bonds on the open market at the higher interest rate.
Very true, a huge part of my portfolio growth has come during this bear market. I've been able to scale from $180K to $572K in a short period of time. I basically was just following the steps and guideline from my financial advisor. as long as you've professional help, you're good to go
Would you mind telling me how to contact this specific coach using their service? Unlike the rest of us, it appears you have figured everything out.
Carol Vivian Constable is the licensed advisOr I use. Just research the name. You’d find necessary details to work with to set up an appointment
I appreciate this, man. I'll look her up, and I hope I'm able to reach her.
I actually did search for this
X2 it increases my concentration and helps me focus back on track
Same
Same
Me too because of whats happening right now , the usd is getting low
same
A 700 down day is just an evening session now
Percentages matter more than mere numbers.
Yes, but the Dow is 30000 now as a pose to 9000 back then
Exactly
a 700 point drop back then is equivalent to a 2100 point drop now
@@juanio7036 dyou... Dyou mean as opposed to?
I remember being in high school in accounting class. Our teacher was actually letting us watch this news. I can’t imagine how this news would feel to me now as a 30 YO who knows what news like this means.
Well you might get an answer on how that teacher might turned out now if you still stay in touch
If he's still teaching, he fucked it.
Ikr? I'd be so damn screwed right now. I didn't fully comprehend how much people lodt during this time as a teen.
Well get ready for another one this year or next year
@@stevenbonilla7276 Why because of covid ?
@@burningmachine6200 nah COVID is the one of the least important factors. The main factors are inflation, big Real estate firm that went bankrupt and own trillions of dollars to thier investors, thousands if not millions of investors in the stock market that are betting against hedge funds and banks, and the treasury running out of money to print.
P.S. The inflation rates right now are the same if not more than it was in 2007
I think investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown
No doubt, having the right plan is invaluable. My portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, though this could take till Q3 2024.
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
She's “Sonya Lee Nitchell''. I choose to delegate my excesses to her because of her expertise. I suggest you look her up.
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.
I lived in the United Arab Emirates until 2009. The crash REALLY affected the country.
I saw cars being left in long-term parking because expats would run to the airport and book a trip back to their home countries with any money they had left. My parents decided to move us all to India for about 2-3 years, because India was one of the few nations that wasn't affected too much by the crash.
Because of Manmohan singh he was PM during 2008
And did you go to India ?
@Google SearchMade me laugh
If you think that the current dispensation would have done even half the great work than that of the Manmohan Singh government, you either don't know macroeconomics or your are just an in-denial bhakt.
Dr. Singh was applauded globally for how he managed us back then. But then of course, most of you are kids brought up in the era of news disseminating from social media channels and paid news. As a banker myself, I couldn't help but revel at the excellence of Dr. Manmohan Singh, Y V Reddy and the great inputs from Raghuram Rajan, including his advanced predictions of the crash.
@Google Search that's was hilarious 🤣🤣
I was 16 just got my license and was trying to find a job. Such a fun time to start on the path adulthood. Now I'm 30 looking at the gas prices again starting to get a little PTSD
I just graduated college in December of 2007. lolol. So thus I had a lot of student loan debt, no money to invest into anything and I couldn't find a decent job.
You can thank Biden for that!
@@BornForever009 what does biden have to do with the rising gas prices?
@@angadgrewal9324 gas and oil from russia
Oh believe me, you'll have a cardboard box soon. Or, at least the unvaxxed.
And then the stocks recovered and the rich got richer than they ever had before.
And the regural folk just got poorer....is there anything new under the Sun?
@@sonofgreatsteppes9497 i mean... you only lost money if you sold.
That’s the plan of the money masters! To take poor people property go watch money masters
There are two problems with this line of thinking.
1. It assumes that the economy is a fixed pie in which if somebody gets rich, therefore somebody else must get poorer.
2. If the saying "the rich get richer while the poor get poorer" is true, why is the quality of living for the average person substantially higher now than before the industrial revolution?
Well it was utilized by those in power to get richer via the feds bailing them out.
Purchasing stocks may appear simple, but selecting the proper stock without a tried-and-true strategy may be challenging. I have been trying to increase my $310,000 portfolio for a long time, but the biggest barrier is that I don't have a clear entrance and exit plan. Any advice on this matter would be greatly valued.
consider investment planning, learning from a well experienced advisor is invaluable
Several individuals 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.
How can I engage in this? I truly want to have a stable financial future and am willing to contribute. Who is fueling your success?
'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.
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.
Me when crypto down 70%: *_Great price, time to buy more._*
"you can't look at it after you buy it cos it's so horrible"
My investment story in a nutshell.
Bruh I read this comment while hearing him say it 😂
Amen 😪😂
😂😂😂😂
Lmfaoo
“And to be honest with you, we wish it wouldn’t.”
Yep...that stuck in my mind too.
I heard in several documentaries that people bought stocks/Real Estate and just thought they would go higher forever.......you just can't find a better reference than this moment: 1:25. People just refusing to accept reality.
My wife is already panicking, so many questions! will the rate cut lead to inflation? I'm very worried about my $1million stock portfolio losing value. What strategies should I be employing in my portfolio right now?
Consult a financial advisor for Rebalancing, Risk Assessment, and ensure that your portfolio is well-diversified across different asset classes (stocks, bonds, real estate.
True, my porfolio took a massive hit in 2022, and I almost sold everything to switch to cash savings. However, I was advised to consult a pro. Following the guidance of this CFA, my portolio started increasing by 10% monthly. She had anticipated the crash and rebalanced my portflio accordingly.
@@CadeCowell-ft4fe True, my porfolio took a massive hit in 2022, and I almost sold everything to switch to cash savings. However, I was advised to consult a pro. Following the guidance of this CFA, my portolio started increasing by 10% monthly. She had anticipated the crash and rebalanced my portflio accordingly.
pls how can I reach this pro, there's bloodbath on my portolio. I really need some help rn
@@MalikTillman-dy2qp pls how can I reach this pro, there's bloodbath on my portolio. I really need some help rn
Everytime I hear of the 2008 Crash it feels like it happened in some other country instead. I was in high school at the time and I hardly heard of it, I was busy playing videogames. Didn't help that my parents were doing very well so much that I never felt any of the impact of the crash at home.
I was quite lucky to say the least.
@Florian D. Doesn't look like he was asking for any.
my parents were poor asf and i never notice a difference. maybe that’s why. we had no money to lose lol
Me 2, I have happy memories of late 2008, God I miss not being a productive member of society.
i did, it was my junior year and i tried getting a job but no one was hiring, we had families of 3 generations living in 3 bedroom houses, people living out of cars. and some of our students were homeless... granted i was in miami..
Lol, I was 7 years old back then. I didn't remember shit..
why is this all of a sudden being recommended to everybody 😮
youtube know what's coming 😐
History is repeating...
Because people such as yourself are searching about the incoming crash.
Peter Schiff knows...
Crypto crash
Imagine how terrifying this must’ve been. You’re a well off guy with a nice family, doing good with your investments, companies are doing really well and times are good. Then this shit happens lol
Diamond hands
well the dow has more than doubled since before the crash, if you're patient enough all will be well
Lmao I feel like they did this on purpose. They wanted their money back
Dont throw in money you can't lose look at the cornavirus crash.
My dad went bankrupt because his company’s bank closed shop.
I'm getting too busy to be following up my stock portfolio, and it has remained stagnat for almost a year now. I need a long term strategy to re-invest my portfolio worth of $250K. what is the best strategy to use?
I don't really believe people should invest in stocks without the aid of an expert. the market is so volaatile that you can get burnt by your feelings. pls make your reseach and consult with an expert to stay safe
Having an investment advisor is the best approach to the stock market right now. I was going solo without much success until my wife introduced me to an advisor. I've achieved over 80% capital growth this year, excluding dividends.
Pls how can I reach this advisor? i really need someone to help me manage my investment portfolio
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.
S&P 500 and other index funds.
Dad was the sole breadwinner back in the day and he bought a decently large business a couple years before this. I was maybe 8 when the crash happened and we went from living quite comfortably into a downward spiral that went on for over a decade. Business went tits up in 08, then so did our houses. That’s when mum’s mental health got bad and she started becoming abusive. We fell into utter poverty and I was out just after I turned 17. Eventually helped dad find his feet in the last 12-18 months but the damage was done and my upbringing was definitely fucked.
Quite shocked at how much I can relate to this comment, I feel ya haha
And then you got turned out by your boyfriend named Tyrone.
@@walterbrownstone8017 Don’t drag others down to your level, rise up.
Stay strong brother. You can outgrow your traumas and recover your lost gains. Thank you for sharing your experience.
@@walterbrownstone8017 LMAOOO
God bless my parents for getting me through these times.
That’s a wonderful thing to write 🤗
Trueee
rice and beans all it took
@@Scarface1337_ that’s all one needs
Amen man 💯
My dad lost his job right at Christmas. Luckily he rebounded quickly enough that all we lost was a Christmas. I'm beyond thankful for that
People should start Christmas shopping far earlier than right before Christmas. He could have had your Christmas taken care of with better planning. Hopefully you learned that from your experience.
@@vcvortex6356 Yeah the real tragedy here is that he was planning to do the Christmas shopping ON Christmas. /s
@@YamiLionheart Sure is. Not one time in my 47 years has the stock market caused me to lose my job or go broke. I did get laid off two weeks before Christmas one year. My kids still had a Christmas because I wasn't an idiot that didn't plan ahead.
@@vcvortex6356 You sound like an actual psychopath.
@@abnoco Clearly, almost as if he is blaming the poor guy's dad for being unemployed (for that time period anyway), flaunting, "but muh phorty seben yrs".
*Hi! I’m excited to be here in your channel and I’m interested in learning more about investing and saving up for my retirement but am a little confused about the whole process. Any advice or tips to get me started up would be greatly appreciated.*
Gold and copper remains the best investment to venture in, especially as a beginner, it’s not always affected by the downturn of the market
@@BRAINBABBOTT-2233_I won't recommend gold and coop although it's a good investment. I'II suggest digital assets as it's the best future investment. It's advisable to seek financial assistance based on your available capital and area of interest or preference.
I don’t rust them. They all gamble about the same thing which they are not even sure of. It's a waste of time
@MichaelPraise-bm3dmFinding financial advisors like
Patricia strain who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Patriciastain
I miss these days... This was back when market manipulation was a theory, now we're all awake to their game we know what the fuck is going on!
Yet, that changes nothing.
why miss these days??? wanna still don‘t know about manipulation? anyway AMC to the moon 🦍
@@shdy8146 this is the way! 🦍🚀🌕
Amc baby
And institutions are pullng the same shit with crypto now.
Why you should start accumulating undervalued stocks.
Later, when stocks begin to rally, short-term investors, day traders, technical analysts, brokerage firms and news media work for long-term investors and help stocks rise significantly.
Let them work for you.
Roughly £120k in my portfolio are in tech/TSLA stocks, can I get an advice on any other stocks that I can acquire to diversify my reserve across multiple markets while creating a comprehensive portfolio allocation that balances my concerns of risk aversion and returns that meet yearly inflation.
@@Brittany-reeds That's correct. At first, I wasn't too pleased with my gains compared to my previous performances, I was doing so poorly, I thought I needed to diversify into better assets, so I got in touch with an investment-advisor. That same year, I pulled a net gain of £550k, which is about 10 times more than I average on.
@@Victoriataylor5668 I'm happy to have stumbled upon this discussion. If you don't mind, could you tell me the name of the financial adviser who helps you with your investments and how I might contact them?
@@Rubyeverly-Jessica Having a counselor is essential for portfolio diversification. My advisor is ALICE ELAINE HAYHURST who is easily searchable and has extensive knowledge of the financial markets.
@@Victoriataylor5668 Thank you for this wonderful advice. I simply Googled the person's name, discovered her website, and wrote to her outlining my financial market objectives. I hope she gets back to me soon. Gratitude once again.
Love how people who helped cause this were never punished and we wonder why our country hasn’t recovered since.
The US completely recovered and paid back loans + interest
@@iliovecaRS the American consciousness did not recover. The corruption goes on. The banks did not pay the American people back. People lost homes, jobs, and lives because of this.
@@iliovecaRS have you seen the price of gas and the volatility of literally every loan?
the us has recovered pretty well tbh. not like southern europe
@@iliovecaRS 😂😂 that’s funny. Things may look kind of peachy but the Western economy has been on life support ever since. One of the catalysts for the crash, CDOs, are still used to this day just under a different name. The Federal Reserve pumped money only into the stock market to save these massive entities and the average person was left, and will have to pay it back through future taxation. The wealth divide is getting bigger and they rig the stock game to protect the banks/hedge funds at the top. Inflation is also getting out of control because the Fed keeps printing money. Mark my words another day of reckoning is coming over the next decade. Invest in gold/crypto while you can
Optimization of performance is achieved through diversification. Because of this, I have focused my attention on market sectors including stocks, the EV industry, renewable energy, technology, and health that have strong performance and are expected to develop. You'll be astounded by how much may happen in a few short years if you continue to contribute on a regular basis. Here's to $1 million and to FIRE
For the average person, the strategies are challenging. They are primarily carried out successfully by professionals who possess a significant level of expertise and understanding to carry out such tasks.
Several individuals 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.
How can I engage in this? I truly want to have a stable financial future and am willing to contribute. Who is fueling your success?
'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.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
Whos here from 2021? Game stop
I called the AMC Customer Support line and the Operator told me to PLEASE HOLD!!💎!!🤪!!🚀
Remember when Ben Bernanke was at the fed in 2008 (we can see a footage of him in this video) ? Well. He's on the Board of directors of Citadel. Let that sink in
💩👐 🤦🏻♂️ 😂
@@6toportal Exactly.
💎🙌🏻 we took on the suit of wall street
*AMC: “I’ll fuckin do it again.”*
I was looking to see if someone would post this 👍
AMC 500K TO THE MOON!!
Watch them blame us too!
TO THE MOON 🦍🦍🚀🚀
Llmmaaaooooooooooooooo
I remember this, the thing is that we were so poor that we didn’t even notice a difference. Actually quite afterwards because the housing market fell dramatically my dad was able to finally purchase a house with the little money he had. Very very Far away from the main city but it happen
Ayy good for you
Same. Never even heard of the this until years afterwards
Great story!
Hopefully it family was able to build financial wealth from that house
☀️☀️
He bought the house for around 186K and now it’s worth 500K so it’s definitely a difference. It sucks for those trying to buy a house now though
@@thatdaniel8211
High-five for your Pop
☀️😎☀️
Hey guys I'm looking to invest. But I don't know anything about the market, any help? As well who can I reach out to?
It is wise to seek professional assistance when looking to create a strong financial portfolio due to it's complexity
Making touch with financial advisors like Marie Showan who can assist you restructure your portfolio would be a very creative option.
I agree with you! With her help, I diversified my 25k portfolio among different markets during this bearish market period.
Almost gave up trading due to constant losses, but Marie turned it all around
Certainly!!! I diversified my $30,000 portfolio across different markets.
My father just last year recovered financially from the crash.
Lol what? I don't see how the math works out on that unless he bought The peak, sold at the bottom then started investing again in like 2015.
You mean he sold at the bottom and then waited forever to cautiously re-enter with bond funds? I’m so sorry to tell you that diamond hands don’t run in your family. May god help you.
@@Kid_Ellipsis idk why everyone assumes the stock market was the only thing that was affected lol. My dad was one of the cockpit leads for the F-22. Right after the crash, Congress cancelled orders for the jet in order to fund corporals to go lose legs in a forever war. Lockheed slashed jobs, and the global demand for aerospace engineers collapsed. My dad had to cash out part of his retirement in order to put food on the table. In order to prevent ripping my family up and moving them to Maryland (where he'd take a pay cut), he found a job still in Georgia working for the state. It was an effective 40k a year pay cut and government jobs are atrocious for having bad raises. It was averaging about 1% a year vs the ~3% inflation, so he was losing money. The job market for aerospace engineers doing his kind of work only really started recovering in 2016. With this there was a beginning of a mass Exodus from my dad's place until the state reviewed everyone's pays. My dad got just shy of a 40% raise and it put him back to where he was a decade ago.
@@G1ennbeckismyher0 check other comment
@@connoro1373 so he did sell at the bottom. Buy high sell low, genius.
Scary to think about all of the lives that were ruined in result. People literally ended their life, got divorcees, etc. Scary stuff that could've been avoided
If people's relationships got ruined by money they weren't true anyway soo its a win win situation
@@studydesign2071 dude are you dumb? that makes no sense at all
@@joelfalco8735 it does . If your relationship can be broken by money it wasn't worth having .
If they would’ve held on it would’ve been fine…
Yup… could have been avoided… the irony in 2021 is thicker than a snicker. Fk SHF
I was a Sophmore in High School when this went down the month of my birthday(September). I literally had no idea any of this was happening. Looking back at the information, news coverage, documentaries, films, I'm happy I didn't. As an adult now saving for my future, this terrifies me.
Same here.
Crypto is our future
@@Videosv135 yess
Those are the time to buy my friend. No need to be scared!
Actually it shouldn't if you're still young. I was in my late 20s when this happened and lost half of my 401k. Yeah it sucked but since I was so far away from retirement I didn't sweat it. I still put in my max 401k amount my company matched and bought stocks for cheap. Now I've quadrupled my 401k. Im hoping another "correction" happens soon since I'm about 15 years away from retirement. It happens now it will give the market time to recover by the time I retire.
The US economy's influence on the global economy means that its instability has far-reaching consequences. In such times, safe-haven assets like those with strong FA and cryptocurrencies offer protection. Investors must prioritize asset protection, diversification, and balanced portfolios to weather market fluctuations.
Investing in a variety of asset classes will reduce risk more than putting all of your money in one. If your financial understanding is lacking, see a financial consultant.
Several individuals 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.
Mind if I ask you to recommend this particular coach you using their service?
'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.
I merely Googled her name, and her website up right away. So far, it looks interesting. I sent her an email, and I hope she responds soon. Thanks
If anyone’s interested in why this wasn’t predicted by some I’d recommend watching the film ‘The Big Short’ a comedy-drama based on a true story of separate groups of people who see that a crash is coming. Its got Christian Bale, Ryan Gosling, Steve Carell, Brad Pitt, Jeremy Strong (Ken Roy from Succession) and celeb cameos that break the 4th wall to explain things as they happen, like Margot Robbie. In short, it’s not that the big financial companies didn’t see it coming, it’s that they just didn’t care and knew they’d be bailed out by the U.S. government. It’s an entertaining film that really highlights the fragile environment that allowed the 2008 crash to occur.
Really good film, there were so many factors that played into the shit show that occured
Truly a travesty that those in power can do this and never feel the affects of their decisions.
I hate the shorts so much I cant see anything associated with them and not loose my mind
If anyone has ever dominated the auction house in World of Warcraft, they’d see right through all of it.
@@alwaysyouramanda totally the same as the real world
Actual Real Time Footage Of My GPA falling
Not funny
@@mmtapez107 Not funny because you have no sense of humor
@@mmtapez107 funny af
Gen Z bad humor taking over
Just dont go into probation or fail out of your school
I lost all of my friends at school because their parents had to move out of the state to get a new job, the area I lived in was hit hard with the auto industry laying everyone off. On the plus side, my family was doing relatively okay.
What city/metropolitan you were at?
❤❤
@@HughJass-313 metro Detroit area
I had similiar experience, many parents we know had to sold their houses and move to different state where they can get the job. I almost had to do the same thing. It was so scary and sad back then.