All the naysayers are going to be shocked, even if you're expecting it, it is still SHOCKING when "it" actually happens, your home value sliding down like the giant slide at the waterpark. Thanks for the updates, thank you for telling us the truth, you're one of the very few TM. I have your Trading Secrets book I found in the description. Where did the books on Amazon go? Are those books still available? Thank YOU!
I saw a house posted for 1m. Just sold for 1.6m. It's crazy to me that someone paid 600k over ask. Some people have so much dough that it keeps homes unaffordable for the rest.
QQQ short up a couple % this week. PPT was working hard today to keep the downturn from accelerating. But the technical chart measured move looks to me like QQQ going to drop 5-6%, which will bring it within range of the 200DMA. If we open lower tomorrow I’m going to move my nibble to a 1/2 position.
@@stockmarketgambler3335 200 would take it close to 450 on QQQ. If it breaks below the 50 I’ll likely nibble some more. It’s always a risk shorting with the ETFs due to the way they re-set everyday. You just have to keep the stops tight.
There is no better time to have a lot of debt than now. Buy risk assets when government and Fed are printing money. It’s not like they are going to stop anytime soon.
Hi Mike. I loved hearing the story about your empire of video stores. If you were to do it over again today and start a similar type of brick and mortar business, do you think it would be much more difficult due to regulations and sky high prices?
I do. There is still opportunities but business has a lot to do with timing. Today most retail businesses are going out of business. Hard to compete with Amazon. Thanks for the comment.
Tall Mike, I have a serious question man.. I watch you every day and Love your channel!! Can u please explain what happens to the money that comes out of everybody's Paycheck. The 2,3,4,5% that goes into our 401K ACCOUNTS?? is that what keeps the markets propped up as well?? How much is it each week?? Who allocates it into the markets, etc? Its millions of dollars that has to be allocated right? continually?? Maybe talk about it on a video or Sumthing if You don't want to type it here! Thanks in advance!!
It is a good question and yes that money feeds the market. I will try to work it into a video but that is the upward bias on the stock market. Thanks for the question.
@@stockmarketgambler3335 thanks for the response.. Heck between that, corporate buy backs, and the feds printing.. (QE) we will never see another correction again in life it seems!
Poverty homelessness despair, been there done that! Retired now with a safe secure income. I wasn’t expecting it, all I can tell you is Jesus delivered the goods and I see that the struggle gives me an intense satisfaction ! It was one heck of an adventure! 🎉
Great message. Wisdom right there.
I appreciate that. Thanks for the comment.
Tall Mike you need to write a book 📖 It will be a Best Seller 👌 I will definitely buy it 😄 Great show today Thanks Tall Mike
I appreciate that. Thanks for the comment.
Thank you for sharing your interesting and inspiring story! Keep it coming!🙏❤️
I appreciate that. Thanks for watching.
Mike,
I am not sure why you don’t have 4MM subscribers not 4 M. Sorry. I like what you have to say. I agree
I really appreciate your comment. Thanks for watching.
Hey great stories thank you so much, love it 👍
I appreciate that. Thanks for the comment.
They can't KEEP getting away with this!
I hope your right.
All the naysayers are going to be shocked, even if you're expecting it, it is still SHOCKING when "it" actually happens, your home value sliding down like the giant slide at the waterpark. Thanks for the updates, thank you for telling us the truth, you're one of the very few TM. I have your Trading Secrets book I found in the description. Where did the books on Amazon go? Are those books still available? Thank YOU!
It will be shocking when it happens. Thanks for the comment. I will put the links to Amazon back up in the next video. Thanks!
@@stockmarketgambler3335 Okay, great, thank you!!!!
interesting life story!
I appreciate the comment. Thanks for watching.
Love it Tall Mike. Please tell us more about your experience/past empires. You have a lot of wisdom to pass on!
I appreciate that. Thanks for the comment.
I saw a house posted for 1m. Just sold for 1.6m. It's crazy to me that someone paid 600k over ask. Some people have so much dough that it keeps homes unaffordable for the rest.
Interesting. Appreciate the comment.
Thank you for sharing your personal story. I enjoyed listening about it.
Glad you enjoyed it! Thanks for watching.
Your videos are so encouraging ! I love your story. I paint my own home as well . Why hiring if you can do it lol 😀. Keep making more videos
I appreciate the comment. Thanks for watching.
They can’t continue too let house get expensive and plus the house market needs to crash .
You are correct!
If we pull our money out of the banks, where should we put it?
Gold and silver. Thanks for watching.
QQQ short up a couple % this week. PPT was working hard today to keep the downturn from accelerating. But the technical chart measured move looks to me like QQQ going to drop 5-6%, which will bring it within range of the 200DMA. If we open lower tomorrow I’m going to move my nibble to a 1/2 position.
I think the Q's will break below the 50 and eventually head down toward the 200 day. Thanks for the comment.
@@stockmarketgambler3335 200 would take it close to 450 on QQQ. If it breaks below the 50 I’ll likely nibble some more. It’s always a risk shorting with the ETFs due to the way they re-set everyday. You just have to keep the stops tight.
Super cool story man sounds like mine lol
Appreciate the comment. Thanks for watching.
Real estate a good person also .
So Mike, if you hate banks where are you putting your money for emergency fund? (6 months expenses +) ???
I have money in banks, but if I lost it all I would still be fine. Thanks for watching.
There is no better time to have a lot of debt than now. Buy risk assets when government and Fed are printing money. It’s not like they are going to stop anytime soon.
Correct. They will continue to print money and that is why gold will soon be above 5K and silver above $100.
Hi Mike. I loved hearing the story about your empire of video stores. If you were to do it over again today and start a similar type of brick and mortar business, do you think it would be much more difficult due to regulations and sky high prices?
I do. There is still opportunities but business has a lot to do with timing. Today most retail businesses are going out of business. Hard to compete with Amazon. Thanks for the comment.
This is natural life cycle, but this time it will be very ugly here and in all World If they continue like this.
I think it will be ugly. Thanks for the comment.
Tall Mike, I have a serious question man.. I watch you every day and Love your channel!! Can u please explain what happens to the money that comes out of everybody's Paycheck. The 2,3,4,5% that goes into our 401K ACCOUNTS?? is that what keeps the markets propped up as well?? How much is it each week?? Who allocates it into the markets, etc? Its millions of dollars that has to be allocated right? continually?? Maybe talk about it on a video or Sumthing if You don't want to type it here! Thanks in advance!!
It is a good question and yes that money feeds the market. I will try to work it into a video but that is the upward bias on the stock market. Thanks for the question.
@@stockmarketgambler3335 thanks for the response.. Heck between that, corporate buy backs, and the feds printing.. (QE) we will never see another correction again in life it seems!
Everything crashing today, except interest rates and DJT (also Ticker DJT). Metals turning back up.
A down day. Interesting to see how it closes. Thanks for watching.
You make money in real estate only if you sell . But if you don’t sell nothing you are not making nothing also.
Correct.
So up to $250,000 will be covered, but anything over you may loose. Im good $250 is covered lol.
Good to hear. Thanks for watching.
First?! 😀
Yes!
Do you own brokerage or do have a broker license also.
Just a broker license.
Do you do real estate or own a real estate company.
I am a real estate broker.
Are you making any money as a broker .
Are you a saved man Mike.
Yes!
Poverty homelessness despair, been there done that! Retired now with a safe secure income. I wasn’t expecting it, all I can tell you is Jesus delivered the goods and I see that the struggle gives me an intense satisfaction ! It was one heck of an adventure! 🎉
Well said. Thanks for the comment.
They been saying the house market going to crash but it hasn’t crashed I don’t think it will ever crash .
Time will tell.
I didn’t do anything as a teenager but date older girls with jobs to buy me presents but I was and am a 10 type guy to the ladies.
Nice! And very humble.