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Policy Engineer
เข้าร่วมเมื่อ 7 พ.ย. 2019
Policy Engineer is the new era of insurance education! We dedicate this TH-cam channel to educating the masses on all things financial services!
Understanding Economic Cycles
Learn how the financial ups and downs of 2007 shaped my understanding of the economy and why today’s cycle feels eerily familiar. I'll walk you through the key phases of economic cycles, why they happen, and how you can position yourself to benefit or protect your finances in uncertain times. From expansion to contraction, and all the way to recovery, this is your guide to navigating the financial storm.
Timestamps:
00:00 - Introduction: My first encounter with an economic cycle
00:08 - The booming retail years of 2005-2007
00:23 - The decline starts: 2007 and beyond
00:45 - 15 years in financial services: What I’ve learned
01:05 - Why understanding economic cycles is crucial
01:17 - Phases of an economic cycle: Expansion
01:50 - Moving from Peak to Contraction
02:19 - Contraction phase explained
02:37 - Trough: Hitting the bottom
02:47 - 2008: The Great Recession and its impact
03:31 - Risky lending and the housing bubble
03:44 - Lehman Brothers’ collapse and the ripple effect
04:54 - The aftermath: Contraction and Trough of 2009
05:51 - Looking back at historical cycles
06:09 - Financial planning to navigate the chaos
06:20 - Where are we now in September 2024?
06:35 - Money printing and inflation post-2020
07:07 - Supply chain issues and their role in inflation
07:47 - The Federal Reserve’s response: Rate hikes
Learn how to stay ahead of the curve and make the best financial decisions in today's economic landscape!
Timestamps:
00:00 - Introduction: My first encounter with an economic cycle
00:08 - The booming retail years of 2005-2007
00:23 - The decline starts: 2007 and beyond
00:45 - 15 years in financial services: What I’ve learned
01:05 - Why understanding economic cycles is crucial
01:17 - Phases of an economic cycle: Expansion
01:50 - Moving from Peak to Contraction
02:19 - Contraction phase explained
02:37 - Trough: Hitting the bottom
02:47 - 2008: The Great Recession and its impact
03:31 - Risky lending and the housing bubble
03:44 - Lehman Brothers’ collapse and the ripple effect
04:54 - The aftermath: Contraction and Trough of 2009
05:51 - Looking back at historical cycles
06:09 - Financial planning to navigate the chaos
06:20 - Where are we now in September 2024?
06:35 - Money printing and inflation post-2020
07:07 - Supply chain issues and their role in inflation
07:47 - The Federal Reserve’s response: Rate hikes
Learn how to stay ahead of the curve and make the best financial decisions in today's economic landscape!
มุมมอง: 33
วีดีโอ
You Need To Do This With Your Life Insurance If You Aren't Already
มุมมอง 74วันที่ผ่านมา
Are you prepared for life's biggest moments? Let's walk you through three major life events that should make you think about updating your life insurance. Whether you're having your first child, buying your dream home, or advancing in your career, these milestones come with new financial responsibilities that require smart planning. We'll show you how life insurance can protect your family as y...
Top 2 Reasons You Should Buy An Annuity
มุมมอง 11614 วันที่ผ่านมา
In this video, I break down two key reasons why now might be the perfect time to consider an annuity, especially with interest rates at a historic high. From safe growth strategies to lifetime income, I’ll walk you through how a fixed index annuity can help protect your financial future while allowing you to participate in market gains without risking losses. Don’t wait until it’s too late-lear...
Hidden Costs of Retirement: Health Insurance and the Impact on Your Financial Future
มุมมอง 49หลายเดือนก่อน
Hidden Costs of Retirement: Health Insurance and the Impact on Your Financial Future
Understanding Inheritance, Property Taxes, and Recent Changes
มุมมอง 2หลายเดือนก่อน
Understanding Inheritance, Property Taxes, and Recent Changes
Medicare Enrollment Periods - A Comprehensive Guide
มุมมอง 95หลายเดือนก่อน
Medicare Enrollment Periods - A Comprehensive Guide
Inflation Preparation: Be Ready for the Future.
มุมมอง 4023 หลายเดือนก่อน
Inflation Preparation: Be Ready for the Future.
Inflation Trivia: How Much Have Prices Increased Since 1984?
มุมมอง 1.4K3 หลายเดือนก่อน
Inflation Trivia: How Much Have Prices Increased Since 1984?
When Do YOU Plan On Retiring? A Wake-Up Call for the Next Generation
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When Do YOU Plan On Retiring? A Wake-Up Call for the Next Generation
Social Security Shocker! How Much Do You REALLY Need to Retire?
มุมมอง 2026 หลายเดือนก่อน
Social Security Shocker! How Much Do You REALLY Need to Retire?
Retirement Essentials: Navigating the 8 Risks
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Retirement Essentials: Navigating the 8 Risks
How To Shop For Life Insurance, A Step-by-Step Guide with Policy Engineer
มุมมอง 707 หลายเดือนก่อน
How To Shop For Life Insurance, A Step-by-Step Guide with Policy Engineer
Grow Your Money: The Ultimate Guide to Compound Interest and Wealth Building!
มุมมอง 177 หลายเดือนก่อน
Grow Your Money: The Ultimate Guide to Compound Interest and Wealth Building!
Medicare Enrollment Periods and Star Ratings [Medicare Updates 2024 Part 4]
มุมมอง 697 หลายเดือนก่อน
Medicare Enrollment Periods and Star Ratings [Medicare Updates 2024 Part 4]
Medicare Supplement Insurance, Part D or Medicare Advantage? [Medicare Updates 2024 Part 3]
มุมมอง 2097 หลายเดือนก่อน
Medicare Supplement Insurance, Part D or Medicare Advantage? [Medicare Updates 2024 Part 3]
Exploring Medicare Parts A and B, Premiums and Penalties [Medicare 2024 Updates, Part 2]
มุมมอง 1137 หลายเดือนก่อน
Exploring Medicare Parts A and B, Premiums and Penalties [Medicare 2024 Updates, Part 2]
Understanding Medicare Eligibility and Options [Medicare Updates 2024 Part 1]
มุมมอง 1398 หลายเดือนก่อน
Understanding Medicare Eligibility and Options [Medicare Updates 2024 Part 1]
Ditch the Hype & Roadmap Your Way to REAL Financial Freedom (No BS!)
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Ditch the Hype & Roadmap Your Way to REAL Financial Freedom (No BS!)
The Life Insurance Riders They DON'T Want You to Know About
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The Life Insurance Riders They DON'T Want You to Know About
Is Entrepreneurship Worth It? My 24/7 Hustle (and Why I Still Do It)
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Is Entrepreneurship Worth It? My 24/7 Hustle (and Why I Still Do It)
The Retirement Conversation Every Couple Should Have!
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The Retirement Conversation Every Couple Should Have!
The Money Conversation That The Middle-Class Avoids and The Wealthy Pursue
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The Money Conversation That The Middle-Class Avoids and The Wealthy Pursue
Dave Ramsey's Perspective On Whole Life Insurance
มุมมอง 4869 หลายเดือนก่อน
Dave Ramsey's Perspective On Whole Life Insurance
OEP, a crucial enrollment period for #MEDICARE
มุมมอง 209 หลายเดือนก่อน
OEP, a crucial enrollment period for #MEDICARE
Top Strategies To Maximize Your New Life Insurance Policy!
มุมมอง 559 หลายเดือนก่อน
Top Strategies To Maximize Your New Life Insurance Policy!
start with a strike.. keep ppls attention u look like fast food worker for first 15 sexonds script is good and segway was good 👍 ❤
It' depends on how many years you'e worked, not jsut your age.
I dont get it
Not everyone needs a you tube channel
But everyone will need Medicare eventually👍🏽
According to many MAGA idiots, there has been more inflation in 3 years than since 1984. Not that for them, facts or math matter at all.
I think, the dirty secret is, you don’t need all these big millions to retire on. You actually eat less, travel less, you take better care of yourself when you’re older because you won’t be killing yourself on a 12 hour shift daily. You know who gets that money? Doctors and big pharma…is that who you want to save up for? A liver pill? Live your life to the fullest, don’t worry about “retirement ” it’s a lie.
The most important defense is having food storage. Inflation goes from inconvenient to deadly when the prices rise faster than you can keep up. Here are 5 inexpensive foods with 30-year shelf life: White rice, dried beans, oatmeal, pasta, and honey. Everyone should have at least one month food supply for their family.
Inflation is so high that movie theater popcorn finally feels pretty cheap to buy
Make sure you get the free refill, and then you're getting a twofer!
Check out our follow up video here! th-cam.com/video/VHAJblfG2qA/w-d-xo.html&ab_channel=PolicyEngineer
Actually the computer was not the only deflated prices. The way inflation is calculated is wrong by STATS. To properly calculate inflation one must also compare minimum wage and wage segments by type of work and the products that certain classes of people buy that other people can not. Example in 1984 milk at $1.94 and today at $4.00 but the reality is that wages today are more than double what they were back in 1984 thus the price of milk has gone down in relation to earnings. Just the opposite of where real inflation is when you compare Rental rates as well as the cost of vehicles as they rose faster than wages during the forty years.
wages have been almost stagnant for the last 30 years. most people barely got a 1% /year raise ffs.
Thanks for the comment! Check out our follow up video here th-cam.com/video/VHAJblfG2qA/w-d-xo.html&ab_channel=PolicyEngineer
@@NogrimStoneson Check out our follow up video here! th-cam.com/video/VHAJblfG2qA/w-d-xo.html&ab_channel=PolicyEngineer
No one wants to see the same questions asked to different randos. Write different questions for each set of contestants. This would only work the way it is designed if the contestants were all known by the viewers.
Appreciate the feedback! We will definitely do that next time👍🏽
Milk was 69 cents a gallon in Muncie Indiana right before Covid pandemic. Several grocery stores were in fierce competition for months after Aldi rebuilt and Fresh Thyme moved into town along with Kroger buying up two existing stores. Add Walmart and Meijer and we got good deals for awhile. Eggs were 39¢ a dozen. Not anymore. Things went back up during Covid and really went up after Covid stimulus. How many people would give Thier stimulus checks back if prices were back to pre Covid levels?
@@googleuser868 That's a good question. I wonder how many would trade their check for a price rewind. Hindsight is always 20/20.
Check out our follow up video here! th-cam.com/video/VHAJblfG2qA/w-d-xo.html&ab_channel=PolicyEngineer
I hope this wasn't intended to shock people about the fact that the cost of things go up over time. It's always been that way. It will always be that way.
Agreed, it has and always will. Unfortunately most people don't plan for their future as if it will.
@@policyengineer True, true. I'll give you that.
The designer jeans popular in the 80’s were way more than $19.99. They were $30 & up
Do you think designer is worth it?
@@policyengineer my teenage self wanted one single pair of Chemin de Fer French jeans back then. I outgrew that thinking & could care less about the brand of jeans I’m wearing- I only care about the way they fit and how well they wash. Haha
👌👌
Bro the girl on the right was probably not even alive in 1984.
HE SHOULD OF INCLUDED THE INCOME LEVELS OF PEOPLE
Not a bad idea. Do you think the higher the income the more accurate their answers, or the opposite?
next time, put a beartrap in your sandtrap
Literally the best idea! 👍
Funny thing is that minimum wage is kept up with this 5x but average wages are only 3x.
All you need is someone in the background saying some dumb ass shit and you’ve got a kick ass commercial my boy
Give us some ideas!
Things get expensive over 40 years 😮 ??????
realization is step 1, now the next step is to develop a strategy to ensure you can handle it through retirement.
Inflation, so what's your point? Why not focus on the causes?
Thanks for the comment! The point it to get eyes on the conversation of how purchasing power of a dollar is diminished overtime. Although there are root causes of inflation, people have more control over strategizing how to personally keep their dollars up with inflation.
so, adjusted for inflation, it went from $55 in today's prices ($18 corrected for inflation since 1984), to $105 since 1984? that's an annual average increase of $1.25/year....good math there @policyengineer lol , not really proving your point lol
inflation calculator says $105 today is $34.74 in 1984. yeah that's a big jump beyond just inflation
@@cyphi1Yeah, the inflation calculator is way off reality.
@@tboatrig I think the calculator is ok, but the difference is likely related to bonuses, overhead, scale and operating costs for the park.
@@cyphi1I'll agree to disagree.
@@tboatrig not sure what you disagree with. inflation is real...$1 in 1984 would be $2.92 today. The difference in admission price beyond inflation (an additional $50 above the price accounting for inflation [which would be closer to $54]) has to be profit and/or overhead expenses.
I like this family fued style content nice 👍
This is kind of a lame video he just takes it like a wimp at least have the guts to yell at the person for being an ass hole
What the
Happy birthday
U can’t even at 65 everything is too expensive
We hear this a lot but you would be surprised, with the right financial products and planning it can be achieved! Visit our free financial planning tools policyengineer.com/financialfreedom/
Yappinomics
Cobbers repair shoe, shoemakers make them.
Touché... Did we get the point across?
Retirement is going to be a thing of the past soon. Work until you die. Im 40, have a decent job, and have a retirement account. I doubt I'll ever be able to retire.
Have you checked your probability of success? Use our free tools to get started by clicking on "Set a goal" policyengineer.com/financialfreedom/
Please be sure to stack ALL PICKLES on top of each other 🙄
Facts 😂😂😂😂
Never realized I needed life insurance until now
We've got you covered 😉
Thanks for the pointless video
But was it pointless?
0
You could be the first...
10? what world is this guy in.
Must be a world of his own, what was your guess?
40%
50%? (If ~50% live paycheck to paycheck, then it must be someonere around 50%)
80
75
55 %
90
99.9😢😢
i think folks will retire well before their desired age because the ai bosses won't hire over age of 40.
10 Million!!
50000000000000
this guy gives me the dad died at 29 and was able to retire from inheritance vibe.
Don’t buy useless stuff, as he’s wearing designer clothes and a pendant chain, lol
*Full sleeve tattoos* " Stop spending money on useless stuff"
Haha.. true!
Art isn't useless, but pay your bills first.
Google says 28%
Google is misinformed