I foresee a recession lasting 2-3 years, and if inflation continues to surge, the Federal Reserve will likely raise interest rates soon. Inflation is causing various issues worldwide, such as food shortages, scarcities of diesel and heating fuel, and significant spikes in housing prices, leading to a potential financial market crash. This global downturn could have long-lasting repercussions. Given the current inflation rate of approximately 9%, my main worry is how to optimize my savings and retirement fund, which has remained stagnant at around $300,000, yielding almost no gains for quite some time.
I'm sure the idea of an invstment-Adviser might sound controversial to a few, but a new study by Motley-fool found out that demand for Financial-Advisers sky-rocketed by over 42% since the pandemic and based on firsthand encounter I can say for certain their skillsets are topnotch. I've accrued north of 580k within 16-months from an initially stagnant Portf0lio worth 85k.
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 ‘’Melissa Terri Swayne” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
According to some experts, the United States and other regions of Europe may have a recession in 2023. Because China and emerging countries frequently grow faster than more developed economies, a global recession, which is defined as a decline in annual global per capita GDP, is more uncommon. Fundamentally, if economic growth lags behind population growth, the global economy is said to be in a recession.
Very true! Due to my financial advisor's discovery of defensive tactics that make portfolios less susceptible to market downturns, I was able to increase my investment from $430K to over a million dollars throughout this bear market.
@@ryanrobertson368 Who is this advisor you work with? I only started a few months ago, I'm aiming for the long term, and I'm still trying to understand it.
I am 45 years old with very little set aside for retirement at this point. I have always been curious about the stock market and have witnessed some people who played the game right and retired early because they used the stock market. When I ask them, most said that they invested very little to start with, but their portfolio grew. I do have a significant amount of capital that is required to start up but I have no idea what strategies and direction I need to approach to help me make decent returns.
Buy and hold. Buy a little at first. Buy with a purpose. And for the love of all thing do not invest more than you can afford to lose. Always have other, safer monetary channels and backup funds.
Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
The answer to your problem is: 30 yr fixed rate mortage in the US. They are not affected as much with the rise of interest rates compared to Canadians. The End.
When services based consumer 'spending' reliant GDP economies.... that are basically stagnant and devoid of any real 'growth' except for that being maintained by ever greater DEBT instrument expansion that exceeds that stagnant growth.... eventually... you just plain run out of any 'future' GDP capacity to continue leveraging DEBT expansion against = cpi inflation merely pulling from future currency valuations. CANADA in a nutshell... and why rates must now remain elevated positive above the zero bound 2% inflation target to prevent continuing DEBT expansion not grounded in available remaining future already stagnant 10+ years GDP capacity..... and yes, heading into MILLIONS of Mortgage renewals that will occur at higher rates/payments therein further contracting our consumer spending reliant GDP as re-allocations to DEBT servicing are prioritized. GTA/GVA Real Estate Crash incoming !
Frances, is so disingenuous. She knows we have been in a per capital recession for almost 2 years and wonders why everyone is so concerned about productivity.
Trump 2024 !! Hopefully he can tear down some of these absurd Canadian markets and force the Canadian government to some competition in all sectors. Down with the Dairy and Egg board.
Simple solution. Print billions of dollars to dig a hole and pay more billions to fill the hole back up. Make sure the construction company is SNC Lavalin. They launder taxpayer dollars the best. Trudeau-nomics
I foresee a recession lasting 2-3 years, and if inflation continues to surge, the Federal Reserve will likely raise interest rates soon. Inflation is causing various issues worldwide, such as food shortages, scarcities of diesel and heating fuel, and significant spikes in housing prices, leading to a potential financial market crash. This global downturn could have long-lasting repercussions. Given the current inflation rate of approximately 9%, my main worry is how to optimize my savings and retirement fund, which has remained stagnant at around $300,000, yielding almost no gains for quite some time.
I'm sure the idea of an invstment-Adviser might sound controversial to a few, but a new study by Motley-fool found out that demand for Financial-Advisers sky-rocketed by over 42% since the pandemic and based on firsthand encounter I can say for certain their skillsets are topnotch. I've accrued north of 580k within 16-months from an initially stagnant Portf0lio worth 85k.
Glad to have stumbled on this conversation. Please can you leave the info of your investment advisor here? I’m in dire need for one.
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 ‘’Melissa Terri Swayne” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.
According to some experts, the United States and other regions of Europe may have a recession in 2023. Because China and emerging countries frequently grow faster than more developed economies, a global recession, which is defined as a decline in annual global per capita GDP, is more uncommon. Fundamentally, if economic growth lags behind population growth, the global economy is said to be in a recession.
Very true! Due to my financial advisor's discovery of defensive tactics that make portfolios less susceptible to market downturns, I was able to increase my investment from $430K to over a million dollars throughout this bear market.
@@ryanrobertson368 Who is this advisor you work with? I only started a few months ago, I'm aiming for the long term, and I'm still trying to understand it.
@@emilydeep Her name is Sharon Ann Meny can't divulge much. Most likely, the internet should have her basic info, you can research if you like
@@ryanrobertson368 Hi! Out of curiosity, I looked up some fascinating numbers and certifications she had. Thanks.
I am 45 years old with very little set aside for retirement at this point. I have always been curious about the stock market and have witnessed some people who played the game right and retired early because they used the stock market. When I ask them, most said that they invested very little to start with, but their portfolio grew. I do have a significant amount of capital that is required to start up but I have no idea what strategies and direction I need to approach to help me make decent returns.
it's all about finding the right moment to take advantage of and generate colossal profit, which is why you need to do your research.
proper research, good analysis and luck is what you need to make profit in this constant market decline.
Buy and hold.
Buy a little at first.
Buy with a purpose.
And for the love of all thing do not invest more than you can afford to lose. Always have other, safer monetary channels and backup funds.
Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
Put a pause on the insane immigration targets to let housing catch up
Yes
7:42 7:52 Two Freudian slips. I Agree, earlier rate hikes could help to soften the blow.
The answer to your problem is: 30 yr fixed rate mortage in the US. They are not affected as much with the rise of interest rates compared to Canadians. The End.
they pay capital gain on housing. Plus, the interest on mortgage is a tax deductible.
They don't use housing like we do...
@@NickLemmel they also dont put the taxpayer on the hook to insure their montages for the banks advantage.
They don’t pay capital gain on personal residence
@@Chimera2020 only on a portion, unlike in canada.
@@vhateverlie this
good interview, thank you
Well when interest rates went from 0.25 to 5.00 percent they knew it’s a huge problem
It started when the company blackberry went out of business. They would have been competing with Apple and Samsung. It's crazy
Canada workers only worth $9-10/hr…no skills and inefficiency , services are terrible so on…
10$ per hour lol????
When services based consumer 'spending' reliant GDP economies.... that are basically stagnant and devoid of any real 'growth' except for that being maintained by ever greater DEBT instrument expansion that exceeds that stagnant growth....
eventually...
you just plain run out of any 'future' GDP capacity to continue leveraging DEBT expansion against = cpi inflation merely pulling from future currency valuations.
CANADA in a nutshell...
and why rates must now remain elevated positive above the zero bound 2% inflation target to prevent continuing DEBT expansion not grounded in available remaining future already stagnant 10+ years GDP capacity.....
and yes, heading into MILLIONS of Mortgage renewals that will occur at higher rates/payments therein further contracting our consumer spending reliant GDP as re-allocations to DEBT servicing are prioritized.
GTA/GVA Real Estate Crash incoming !
Canada just can't do shit without America.
Keep playing
Frances, is so disingenuous. She knows we have been in a per capital recession for almost 2 years and wonders why everyone is so concerned about productivity.
Trump 2024 !! Hopefully he can tear down some of these absurd Canadian markets and force the Canadian government to some competition in all sectors. Down with the Dairy and Egg board.
🌎
Simple solution. Print billions of dollars to dig a hole and pay more billions to fill the hole back up.
Make sure the construction company is SNC Lavalin. They launder taxpayer dollars the best.
Trudeau-nomics