11:50 aurora stock, IR, HLT, MCK 13:30 high momentum one yr, next yr stable stocks 14:35 Healthcare cheap. GARP. Utilities: AEE, NI, CNP (16:40) 21:00 Boeing 21:45 FTV
Hi , I enjoy your videos as I’m trying to learn about stocks. My wife and I had mutual funds years ago, but didn’t like the returns and got out. Since then, we’ve made some profits through land sales. Even though I’m 53 and have never invested in stocks, I’d like to try with a small amount of money and see what happens. Any thoughts for me?
Try slowly diversifying your investments over time tends to yield better returns than doing it in a single instance. Fortunately, I can confirm the effectiveness of this strategy, also you need professional advice, my portfolio of over $300k has experienced a 15% growth last year alone. Perhaps considering a similar approach could be beneficial for you.
You don't necessarily need pro advice, so long as you put your money into index funds, and invest over time on a dollar cost average basis. But you could be making a classic mistake if you start now, when the market is highly valued by any standard metric. That means there is a greater than usual chance of a correction over the next nine months say, although you shouldn't listen to anyone who has conviction on the direction of the market over the short term. My advice would be to sit and watch for a 10% or more downturn in the market, and then start buying stock index funds month by month.
People who are able to retire early are lucky . I have 15 months till 65 and need to look at calling it quits, my only fear is running out of funds much later, thus keen on investing. What could be the safest possible ways to invest for cashflow, in order to afford lifestyle after retirement?
Opting for an inves-tment advisr is currently the optimal approach for navigating the stock market, particularly for those nearing retirement. I've been consulting with a coach for a while, and my portfolio has surged by 85% since 2023
I've stuck with ''ZAREEN GRACE CHURCH' since the covid-crash of 2020, and her performance has been impressive to date. She’s quite renowned in her field with over two decades of experience, you can simply look her up.
Another thought is to remember most people who live to retire will have 15 to 20 years of retirement, so stay in stocks to the percentage you are comfortable with. Also continue to look for new stocks with brand, moat and great leadership who also have a percentage of ownership of 5%
Although I primarily merely purchase and hold equities, my portfolio has been losing money for a time. Unfortunately, you will need to remain consistent and often rearrange your portfolio in order to be able to generate good gains.
. I use a financial advisor too. Same person since 2020. I don't worry about whether the economy is going up or down or sideways. I always ride through.
She appears to be a true authority in her profession with over two decades of experience. I looked her up on the internet and skimmed through her site, very professional. already sent her an inquiry hoping for a response soon.
Excellent interview. His risk management is a lesson to all who self invest. We are in bubble territory and he has articulated this very well with data.
Always a pleasure to hear real and seasoned portfolio managers with a proven track record speaking as most of the people on money channels are just punching their (fear) case or (speculative) investment product. Thank you for this interview as it provided valuable information about the stage of the market.
Nice video coverage keeping up with current trends and strategies can help traders stay ahead of the curve and make informed decisions, It is important for beginners in trading and investing to understand that success in these fields requires technical analysis, emotional maturity, and self-discipline. Thanks to steve michael steele insights, daily trade signals, and my dedication to learning, I've been increasing my daily earnings. Kudos to the journey ahead
Thank you for sharing this valuable information. It will be especially beneficial for young investors with limited knowledge of how the market operates. Your concern is much appreciated.
steve michael steele. gave me a basic understanding of the benefit of trading over holding, especially in a speculative market. He then provided me with his daily trading patterns; I'm now earning impressive profits daily.
I'm from Germany I used to take loan from bank for surviver but after trading for real expert steve micheal steele,he changed my financial status for real
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks
@GeorgestraitStriat However, if you do not have access to a professional like SUZANNE GLADYS XANDER, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments.
Interesting: The people who are buying Morgan Stanley at 17 times, JP Morgan at 14 times, Goldman Sachs, which we were buying at book value or a little bit more than book value not too long ago. It's gonna be hard to envision a scenario where those stocks are great stocks from here.
Yup. I remember on the JPM earnings call when the stock was a bit below $220, Dimon said no buybacks until "assets" (aka their stock price) is cheaper. Also he said they're having trouble putting cash to work due to assets being overpriced. Now the stock is $240 on hopes and dream!
I am at the beginning of my "investment journey", planning to put 85K into dividend stocks so that I will be making up to 30% per year in dividend returns. Any advice?
Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.
Yes, I agree. I use a financial advisor too. Same person since 2020. I don't worry about whether the economy is going up or down or sideways. I always ride through.
My CFA ’’ Sharon Ann Meny, 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..
Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
Kicking off this year with such high hopes, especially with Bitcoin, has been a journey. Let’s be real while hodling has its place, those waiting for only the big skyrocket moments might be missing out. Day trading has given me more steady, consistent growth thanks to Garrett Eaton guidance and his daily signals. Couldn’t have done it without him!
This is really insightful! It’s great to hear about the success you've had with Coach Garrett Eaton’ guidance. I’ve been looking to start myself and would love to learn more about his approach. Where can I find him, and is there a particular way to get started?
Surprised to see him mentioned here! he tailors trading courses to suit beginners’ needs and really knows his stuff. His advice has been invaluable to my trading journey-definitely worth it!
Medical - yes, it's maddening. I am down 20% on AMGN while garbage stocks like PLTR or TSLA go up 3% or 5% multiple days in a row. I feel like I am being punished for being smart.
The stock market and economy at large over the last 15 years was a result of 8+ trillion dollars in FED Quantitative Easing. I find it highly and mathematically unlikely the FED will do that again. When QE was launched en masse back in 2008 inflation was not a problem. There was actually some minor deflation occurring at the time. If the FED were to restart QE again under current conditions, and drive real yields on bonds deeply negative once again, the FED will quickly find itself the exclusive buyer of all government bonds. The Federal deficit is around 2T a year but the Federal government is rolling over maturing debt meaning there are 7+ trillion dollars worth of UST sales per year. There is zero way the FED can print and buy 7 trillion dollars worth of government debt every year without causing double digit inflation.... ... I have managed to grow a nest egg of around 210k to a decent 732k in the space of a few months... I'm especially grateful to Milton Harper’s, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
Always loved Wealthtrack. Interviews like this show why. Fantastic interview and commentary. Thanks to both Consuelo and David for their time in bringing us this content.
Very knowledgeable guy, and yes the market feels overvalued, no doubt but his fund PRWCX T. Rowe Price Capital Appreciation has underperformed the S&P 500 Index for its 1 yr, 3 yr, 5 yr and 10 yr performance --basically any period you want to look at. Don't take my word for it. Look it up. The expense ratio on his fund is 71 basis points versus less than 5 for an index fund. In short, skip active investing whether on your own or in a fund and just buy an index fund and get on with your life. Jack Bogle said this 40 years ago and nothing has changed.
Maybe -- and this is just a hypothesis -- investors are expecting AI to reduce labor costs and boost profits in ways that obviate historical valuation patterns. I'm not saying I believe it, but I wonder if other people do.
As an investment enthusiast, I often wonder how top-level investors are able to become millionaires through investing. I have a significant amount of capital to start with, but I'm unsure about the strategies and direction I should take to help me generate substantial profits like some people are this season.
I’m not in a position to offer financial advice, but given the significant amount of capital you're working with, it would be wise to consult a financial advisor who can guide you in developing a strategy tailored to your goals and risk tolerance.
For you to grow your portfolio in today's market, you really need to be coachable and willing to get off your high horses. I for example, have managed to grow mine from $150k to 300% of my initial deposit within the past 13 months just by copying trades from a broker that has better skillset and technical know-how than me.
As a newbie investor, it’s essential for you to have a mentor to keep you accountable. Ralph Anthony D'auge is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns..
I believe having a financial advisor is crucial to navigate the market and moderate your risk. Their expertise can really help you make informed decisions.
My spouse and I are diversifying our long-term investment portfolio by adding various bonds and ETFs. We've allocated $220k to begin with, focusing on inflation-indexed bonds and companies with strong cash flows. I think the current market presents a good opportunity for long-term gains, but I'm also interested in learning ways to make short-term profits.
Having an adviser is the smartest approach in today's market, especially for those nearing retirement. I personally gained over $270K during this market downturn, which highlighted that there's valuable insight the average individual may not be aware of.
There are many independent advisors to choose from. But I work with *Izella Annette Anderson* and we've been working together for almost four years and she's fantastic. You could pursue her if she meets your requirements. I agree with her.
It's not that i don't agree with him. But let's be honest, the market as we know is irrational. The market never trades at fair value. Its either below or above at any given time. The markets have been overvalued for the past 15 years and here we are at all times highs yet again.
Yeah, speaking of growth funds, the top gainer year to date of all the biggest mutual funds has been Fidelity Blue Chip Growth, up over 40% so far, last I saw.
A “conservative”…risk aware active manager… Have owned fund before he took it over…he is third manager I have seen..all different approaches but same mandate. His ETFs are a different approach. Can still lose money in big down turn …just NOT as much ….te 2008-09 I was there…..has great risk adjusted returns…you don’t find that in sp index funds over time
I just stumbled on your channel and I think this was one of the best financial interviews that I’ve listened to in some time. I thought the guest had some excellent insights.
Been an investor in PRWCX for over 10 years, Giroux is the real deal. I'm more bullish on equities in 2025, but I use his fund as a nice balance to my tech/growth lean.
As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?
Lately, every TH-camr has been wasting out time with all these snipers and verbose introductions. It’s really crazy unless TH-cam is encouraging them to make their videos lousy so everyone moves over to shorts.
That and things that went up keep going up, at a certain point, for no reason. I also notice things jumping on no news or 10% on earnings that used to warrant 2-3% jumps. I used to joke, but now seriously think the "algos" aren't being maintained/have some errors, and need to be worked on! Much of the changes make no sense. SBUX has been saying earnings will be bad for months and then the stock doesn't move, for example. On the flip side, companies like CRM or AMZN used to jump 4-8% on earnings now jump 12%.
Great guest and host. The problem for one viewer is it's aimed at general audience looking for investment advice, which is complicated and depends greatly on individual circumstances, so while the host and guest are doing just what they should be doing, I'm not that interested. Hearing the guest say of the healthcare sector "We see great value there" concerns, given the system is 'the most expensive in the world', outcomes are decline, and there's a marked absence of well being among the people being served. Guest sees that sector as offering growth and value.
the difference from the past seems to be that liquidity is still going up even with gains in the market...where will all that cash go..stay in cash as rates continue to come down?
@johnnyvegas4583 90% is the remedy! Always struggled with his "cluttering" as speech therapists would call it. Now I can focus on his content. Good suggestion.
I first bought PRWCX in early 2004, even before Mr. Giroux became manager. I held it in my taxable account for about 10 years, sold and soon after bought it in my Roth IRA. It's been a nice ride. Good to hear that an ETF is available for anyone to own.
It's been quite a pump. But you know, with crypto, the big question is always when to take profits. What are your thoughts on that? I've been holding $250k worth of crypto since 2021 and seen it pump n dump
Yup,. Bingo,. Me,..TOO ! IF, you HAVE Too Much, "Fear" of, the Markets, Put your Money,.. in a Bank !! Been "All In" in the Market 3+ Years Now ! Watching mostly, Jeremy Seigel and Tom Lee for,.. the "Win" ! Been Buying, the "Good" Dip's and DCA'ing, along, the Way ! Look @ 5 Year Charts to See WHERE, "Your" Option income, Big Tech, ETF's are going, ( as, interest Rates, come Down there's Still,.. Room to, RUN,.. IMO ! )
You have to have time frames for your money, short term you don't want to be in the marker, but if you won't need your money for 7 plus years the market is where you need to be, don't confuse volatility with risk. The stock market is very volatile and risky short-term but historical, not very risky long term.
As per my thesis, asset and weatlh allocation out of whack with its functional need in the real economy, always results in fear and trepidation for those who hold and deploy large amounts of capital. Its a problem as old as Sumeria. Possible solutions, on an individual basis, get out of your Ivory Towers buy some businesses and run them instead of just milking their cash flow. Take some chances, make some mistakes. The Shark Tank has been demonstrating this fix for over a decade. On a collective basis, its about taxes and spending and mostly slowing down the technology, driven money burning race to military Armageddon. Just think if Delhi was able to spend 20 billion on clean air scrubbers and carbon capture, instead of countering China's global dominance ambitions.
I find this superstar very negative. I checked his TCAF compared to VTI (vanguard total index) over 5 years, and he got creamed. Look it up yourself...I am staying passive in the market...and I am creaming these folks by 5X.
You can't buy past performance, only future performance, which is unknown. He is a Value manager and Growth has beaten Value in the last 5 years. His Growth bubble commentary is spot on. The high P/Es speak for themselves. Someday the Growth party will end and Value will outperform. Those who want to own overpriced stocks are taking a big risk.
It's a good thing that Capital Appreciation's benchmark isn't the same as VTI's then isn't it? I mean seriously, I'm not sure what the value of comparing a 100% stock fund vs a stock and bond allocation fund is... and the ETF TCAF (if that's what you're referring to) was just launched in June of 2023, so no 5 year history available for comparison.
@@stevewolfe6779 I suppose I should ask what is the point of owning these "niche" funds? Especially new ones. By the time you get past the fees, any change in managers, and wait for a five-year history, you could be way behind the total market. And how long do you hold them? (Disclosure: I hold several T. Rowe Price index funds.) Please comment. Thanks.
@@eikoGoldstein I've held T. Rowe Price Capital Appreciation in my Roth IRA since 1999. Girioux became the manager in 2006. During that transition, T Rowe was very transparent in their semi annual reports about what they were doing, how and when. I value this fund for it's go anywhere approach to finding growth at a reasonable price and value across stocks, bonds, convertibles, etc. I also hold a broad market index fund (Vanguard Total Stock Market) and this is the only other active stock fund I own. YMMV.
YTD, last 12 months and last 24 months, this guest’s TCAF has underperformed the S&P500, S&P500 Growth and Russell 1000 Growth ALL awhile charging a higher fee than the other three ETF. Not impressed with this guest.
Morningstar has the Cap App fund at 10% annualized vs 10.7 for s&p with much less volatility. 1 and 2 yrs aren't good comparators. The system was flooded with money and artificially low rates. That can't last and is already starting to roll over.
@ TCAF’s fee is 10 times that of VOO, while paying 5 times less in dividends than VOO and has a higher PE than VOO. Like I said, not impressed with this guest.
Yup,. I'll STAY ,. "Long / Strong", on My Big Tech, Mag 7 Option income, ETF's ! And I've,. "Loaded the Boat" on Fixed income, too for,.. Monthly income !
I’m worried about retirement planning and I want to ensure a comfortable future. I’ve worked hard my entire life and I want to enjoy the fruits of my labor without financial stress. I’m really concerned about whether I’ve saved enough and invested wisely.
As an investment enthusiast, I often wonder how top-level investors are able to become millionaires through investing. I have a significant amount of capital to start with, but I'm unsure about the strategies and direction I should take to help me generate substantial profits like some people are this season.
It is just like asking if you should self-medicate, of course it's always better to consult a doctor, so yes it's a good idea to seek financial advise if you think you need guidance
A lot of folks downplay the role of advisors until being burned by their own emotions. I remember a couple of summers back, after my lengthy divorce, I needed a good boost to soar my business; hence I researched for licensed advisors and came across someone of utmost qualifications. He's helped grow my reserve notwithstanding inflation from $450k to nearly $3.1M as of today.
Facts, initially I wasn't quite impressed with my gains, I was doing so badly, figured I needed to diversify into better assets, I touched base with a portfolio-advisor and that same year, I pulled a net gain of 550k...that's like 7times more than I average on my own
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
Just gotta give props to Ralph Anthony D'auge, my CFA, he is the real deal in the finance game. Dive into his background, this man is a treasure trove of experience and knowledge for anyone navigating the financial jungle.
As an investment enthusiast, I often wonder how top-level investors are able to become millionaires through investing. I have a significant amount of capital to start with, but I'm unsure about the strategies and direct I should take to help me generate substantial profits like some people are this season.
I’m not in a position to offer financial advice, but given the significant amount of capital you're working with, it would be wise to consult a financial advisor who can guide you in developing a strategy tailored to your goals and risk tolerance.
As an investment enthusiast, I often wonder how top-level investors are able to become millionaires through investing. I have a significant amount of capital to start with, but I'm unsure about the strategies and direction I should take to help me generate substantial profits like some people are this season.
I’m not in a position to offer financial advice, but given the significant amount of capital you're working with, it would be wise to consult a financial advisor who can guide you in developing a strategy tailored to your goals and risk tolerance.
We have been in a depression since 2008, the yield curve has already uninverted, global recession indicators are flashing alarm for well over a year, and absolutely nobody could pull us out of the hell coming regardless of party.
I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!
ASHLEY GARNER ABBOTT 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.
11:50 aurora stock, IR, HLT, MCK 13:30 high momentum one yr, next yr stable stocks 14:35 Healthcare cheap. GARP. Utilities: AEE, NI, CNP (16:40) 21:00 Boeing 21:45 FTV
Ty
Hi , I enjoy your videos as I’m trying to learn about stocks. My wife and I had mutual funds years ago, but didn’t like the returns and got out. Since then, we’ve made some profits through land sales. Even though I’m 53 and have never invested in stocks, I’d like to try with a small amount of money and see what happens. Any thoughts for me?
Just buy and invest in Gold or other reliable stock , the government has failed us and we cant keep living like this.
Try slowly diversifying your investments over time tends to yield better returns than doing it in a single instance. Fortunately, I can confirm the effectiveness of this strategy, also you need professional advice, my portfolio of over $300k has experienced a 15% growth last year alone. Perhaps considering a similar approach could be beneficial for you.
@@marcellasilva4015what do you mean by slowly diversify over time vs in a single instance? May you give an example?
You don't necessarily need pro advice, so long as you put your money into index funds, and invest over time on a dollar cost average basis. But you could be making a classic mistake if you start now, when the market is highly valued by any standard metric. That means there is a greater than usual chance of a correction over the next nine months say, although you shouldn't listen to anyone who has conviction on the direction of the market over the short term. My advice would be to sit and watch for a 10% or more downturn in the market, and then start buying stock index funds month by month.
People who are able to retire early are lucky . I have 15 months till 65 and need to look at calling it quits, my only fear is running out of funds much later, thus keen on investing. What could be the safest possible ways to invest for cashflow, in order to afford lifestyle after retirement?
investors like you should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder.
Opting for an inves-tment advisr is currently the optimal approach for navigating the stock market, particularly for those nearing retirement. I've been consulting with a coach for a while, and my portfolio has surged by 85% since 2023
this is huge! mind revealing info of your advisor here please? in dire need of proper asset allocation
I've stuck with ''ZAREEN GRACE CHURCH' since the covid-crash of 2020, and her performance has been impressive to date. She’s quite renowned in her field with over two decades of experience, you can simply look her up.
Another thought is to remember most people who live to retire will have 15 to 20 years of retirement, so stay in stocks to the percentage you are comfortable with. Also continue to look for new stocks with brand, moat and great leadership who also have a percentage of ownership of 5%
Terrific interviewer and special guest; really enjoyed watching.
Would it be silly to only have investment in the S&P 500 and to keep putting all your money invested into that? If you can’t tell, I’m risk averse.
Although I primarily merely purchase and hold equities, my portfolio has been losing money for a time. Unfortunately, you will need to remain consistent and often rearrange your portfolio in order to be able to generate good gains.
. I use a financial advisor too. Same person since 2020. I don't worry about whether the economy is going up or down or sideways. I always ride through.
My partner’s been considering going the same route, could you share more info please on the advisor that guides you?
She appears to be a true authority in her profession with over two decades of experience. I looked her up on the internet and skimmed through her site, very professional. already sent her an inquiry hoping for a response soon.
This is one of my favorite interviews ever! Thank you so much!
Excellent interview. His risk management is a lesson to all who self invest. We are in bubble territory and he has articulated this very well with data.
Always a pleasure to hear real and seasoned portfolio managers with a proven track record speaking as most of the people on money channels are just punching their (fear) case or (speculative) investment product. Thank you for this interview as it provided valuable information about the stage of the market.
Nice video coverage keeping up with current trends and strategies can help traders stay ahead of the curve and make informed decisions, It is important for beginners in trading and investing to understand that success in these fields requires technical analysis, emotional maturity, and self-discipline. Thanks to steve michael steele insights, daily trade signals, and my dedication to learning, I've been increasing my daily earnings. Kudos to the journey ahead
He mostly interacts on Telegrams, using the user-name,
I’ve just looked up his name and found him without sweat, very much appreciate this
Thank you for sharing this valuable information. It will be especially beneficial for young investors with limited knowledge of how the market operates. Your concern is much appreciated.
steve michael steele. gave me a basic understanding of the benefit of trading over holding, especially in a speculative market. He then provided me with his daily trading patterns; I'm now earning impressive profits daily.
I'm from Germany I used to take loan from bank for surviver but after trading for real expert steve micheal steele,he changed my financial status for real
This is an interview to watch twice, I think.
Amazing he can talk that fast with two Jolly Ranchers in his mouth.
Decaf!
There were moments when I thought he was speaking Klingon.
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks
@GeorgestraitStriat However, if you do not have access to a professional like SUZANNE GLADYS XANDER, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments.
@@MathewOliver486 Oh I would love that. thank you.
@GeorgestraitStriat SUZANNE GLADYS XANDER.
Lookup with her name on the webpage.
Interesting: The people who are buying Morgan Stanley at 17 times, JP Morgan at 14 times, Goldman Sachs, which we were buying at book value or a little bit more than book value not too long ago. It's gonna be hard to envision a scenario where those stocks are great stocks from here.
Yup. I remember on the JPM earnings call when the stock was a bit below $220, Dimon said no buybacks until "assets" (aka their stock price) is cheaper. Also he said they're having trouble putting cash to work due to assets being overpriced. Now the stock is $240 on hopes and dream!
David is phenomenal, my favorite active manager.
Herman Munster is one hell of an investor.
I am at the beginning of my "investment journey", planning to put 85K into dividend stocks so that I will be making up to 30% per year in dividend returns. Any advice?
Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.
Yes, I agree. I use a financial advisor too. Same person since 2020. I don't worry about whether the economy is going up or down or sideways. I always ride through.
@@Tonyrobs2 My partner’s been considering going the same route, could you share more info please on the advisor that guides you?
My CFA ’’ Sharon Ann Meny, 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..
Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
Kicking off this year with such high hopes, especially with Bitcoin, has been a journey. Let’s be real while hodling has its place, those waiting for only the big skyrocket moments might be missing out. Day trading has given me more steady, consistent growth thanks to Garrett Eaton guidance and his daily signals. Couldn’t have done it without him!
This is really insightful! It’s great to hear about the success you've had with Coach Garrett Eaton’ guidance. I’ve been looking to start myself and would love to learn more about his approach. Where can I find him, and is there a particular way to get started?
HE'S MOSTLY ON TELEGRAMS,⭐⭐⭐
@GarrettEaton ..that's it
I'll text him right away and get started ✍✍✍………. Yes, this is the right time to get into day trading. 👍👏😘
Surprised to see him mentioned here! he tailors trading courses to suit beginners’ needs and really knows his stuff. His advice has been invaluable to my trading journey-definitely worth it!
Medical - yes, it's maddening. I am down 20% on AMGN while garbage stocks like PLTR or TSLA go up 3% or 5% multiple days in a row. I feel like I am being punished for being smart.
The stock market and economy at large over the last 15 years was a result of 8+ trillion dollars in FED Quantitative Easing. I find it highly and mathematically unlikely the FED will do that again. When QE was launched en masse back in 2008 inflation was not a problem. There was actually some minor deflation occurring at the time. If the FED were to restart QE again under current conditions, and drive real yields on bonds deeply negative once again, the FED will quickly find itself the exclusive buyer of all government bonds. The Federal deficit is around 2T a year but the Federal government is rolling over maturing debt meaning there are 7+ trillion dollars worth of UST sales per year. There is zero way the FED can print and buy 7 trillion dollars worth of government debt every year without causing double digit inflation.... ... I have managed to grow a nest egg of around 210k to a decent 732k in the space of a few months... I'm especially grateful to Milton Harper’s, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
He's mostly on Telegrams, using the user name.
@MiltonHarper
Thanks for keeping it light and real at the same time. Much needed for us traders in times like these!
I appreciate the professionalism and dedication of the team behind Milton’s trade signal service.
Best signal provider in the market. Knowledgeable, level headed no loss like some other traders who recently jumped on the bandwagon.
Looking back at GE over the last 20 years im surprised we dont have more folks considering the same possible outcome for the Mag 7.
Always loved Wealthtrack. Interviews like this show why. Fantastic interview and commentary. Thanks to both Consuelo and David for their time in bringing us this content.
I have owned Capital Appreciation Fund for years. Great returns with less volatility.
WoW SUPERSTAR Investor Giroux WOOOOOW !
Very knowledgeable guy, and yes the market feels overvalued, no doubt but his fund PRWCX T. Rowe Price Capital Appreciation has underperformed the S&P 500 Index for its 1 yr, 3 yr, 5 yr and 10 yr performance --basically any period you want to look at. Don't take my word for it. Look it up. The expense ratio on his fund is 71 basis points versus less than 5 for an index fund. In short, skip active investing whether on your own or in a fund and just buy an index fund and get on with your life. Jack Bogle said this 40 years ago and nothing has changed.
Maybe -- and this is just a hypothesis -- investors are expecting AI to reduce labor costs and boost profits in ways that obviate historical valuation patterns.
I'm not saying I believe it, but I wonder if other people do.
As an investment enthusiast, I often wonder how top-level investors are able to become millionaires through investing. I have a significant amount of capital to start with, but I'm unsure about the strategies and direction I should take to help me generate substantial profits like some people are this season.
I’m not in a position to offer financial advice, but given the significant amount of capital you're working with, it would be wise to consult a financial advisor who can guide you in developing a strategy tailored to your goals and risk tolerance.
For you to grow your portfolio in today's market, you really need to be coachable and willing to get off your high horses. I for example, have managed to grow mine from $150k to 300% of my initial deposit within the past 13 months just by copying trades from a broker that has better skillset and technical know-how than me.
Could you kindly elaborate on the advisor's background and qualifications?
As a newbie investor, it’s essential for you to have a mentor to keep you accountable.
Ralph Anthony D'auge is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns..
I believe having a financial advisor is crucial to navigate the market and moderate your risk. Their expertise can really help you make informed decisions.
Pasar saham kedepannya masih selalu bertumbuh selalu
My spouse and I are diversifying our long-term investment portfolio by adding various bonds and ETFs. We've allocated $220k to begin with, focusing on inflation-indexed bonds and companies with strong cash flows. I think the current market presents a good opportunity for long-term gains, but I'm also interested in learning ways to make short-term profits.
While the current market offers short-term profit potential, it's crucial to note that executing such a strategy requires expertise and skill.
Having an adviser is the smartest approach in today's market, especially for those nearing retirement. I personally gained over $270K during this market downturn, which highlighted that there's valuable insight the average individual may not be aware of.
@@mikegarvey17That's impressive! I could really use the expertise of this advisors.
That's impressive! I could really use the expertise of this advisors.
There are many independent advisors to choose from. But I work with *Izella Annette Anderson* and we've been working together for almost four years and she's fantastic. You could pursue her if she meets your requirements. I agree with her.
I'm a long time viewer of Wealth Track and investor in TROE funds. I'm very pleased with both. Thank you for having Mr. Giroux on your show.
HealthCare is Not the best investment going forward given all the backlash against this sector.
Massive inflows of passive money from all over the world into US equities and ETF's is driving the bubble.
How come your own Trow is down so much no progress in years ?
Solid performance on his funds. Hard to argue with a real money manager with a track record.
It's not that i don't agree with him. But let's be honest, the market as we know is irrational. The market never trades at fair value. Its either below or above at any given time. The markets have been overvalued for the past 15 years and here we are at all times highs yet again.
Nice work
Invest into companies you understand.
Yeah, speaking of growth funds, the top gainer year to date of all the biggest mutual funds has been Fidelity Blue Chip Growth, up over 40% so far, last I saw.
A “conservative”…risk aware active manager… Have owned fund before he took it over…he is third manager I have seen..all different approaches but same mandate. His ETFs are a different approach. Can still lose money in big down turn …just NOT as much ….te 2008-09 I was there…..has great risk adjusted returns…you don’t find that in sp index funds over time
David makes coffee nervous..
When ISN'T David Rosenberg a bear??
I just stumbled on your channel and I think this was one of the best financial interviews that I’ve listened to in some time. I thought the guest had some excellent insights.
Been an investor in PRWCX for over 10 years, Giroux is the real deal. I'm more bullish on equities in 2025, but I use his fund as a nice balance to my tech/growth lean.
"Thought leaders"?????? I left at that point.
Them is big difficult words
Irrationally ruling the market ! Many folks are going to get an ass kicking.
Superb!! Thank you!
2008- T Rowe= Price/= 35% loss
As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?
if you can make money for people. you will be the smartest guy in the room and borderline God like
David is a great manager and guest. Thanks
Airbus vs. Boeing & Rolls-Royce vs. GE
Momentum gets blown up by index investing
-10% in a month?
best investment channel in youtube
19:48 BOEING [BA] outlook ... ✈️
FYI his fund returns were below S&P 500 for practically any time period. S&P 500 did 20% better for past 5 and 10 years.
I am about 88 Percent Cash since about November 15th. Sorry. But I am still a little long in some equity funds and holding some Treasuries.
Lately, every TH-camr has been wasting out time with all these snipers and verbose introductions. It’s really crazy unless TH-cam is encouraging them to make their videos lousy so everyone moves over to shorts.
Market is broken -- the passive bid and the direction of it's flows is all that matters today in the market.
That and things that went up keep going up, at a certain point, for no reason. I also notice things jumping on no news or 10% on earnings that used to warrant 2-3% jumps. I used to joke, but now seriously think the "algos" aren't being maintained/have some errors, and need to be worked on! Much of the changes make no sense. SBUX has been saying earnings will be bad for months and then the stock doesn't move, for example. On the flip side, companies like CRM or AMZN used to jump 4-8% on earnings now jump 12%.
Great guest and host. The problem for one viewer is it's aimed at general audience looking for investment advice, which is complicated and depends greatly on individual circumstances, so while the host and guest are doing just what they should be doing, I'm not that interested.
Hearing the guest say of the healthcare sector "We see great value there" concerns, given the system is 'the most expensive in the world', outcomes are decline, and there's a marked absence of well being among the people being served. Guest sees that sector as offering growth and value.
These constant camera jumps are very distracting, let the guy finish his thoughts!!
So annoying. Really bad editor.
the difference from the past seems to be that liquidity is still going up even with gains in the market...where will all that cash go..stay in cash as rates continue to come down?
IMO the "value" just disappears during the next correction/crash.
David needs to ease off on the coffee. He talks super-fast. I had to repeat sections to get his lessons, which are extremely valuable.
Just slow down the vids speed
yep I played this on 90% speed
@johnnyvegas4583 90% is the remedy! Always struggled with his "cluttering" as speech therapists would call it. Now I can focus on his content. Good suggestion.
I have to play at 1.25x speed instead of 1.5x for most videos
G rowth
A t
A
R easonable
P rice
😊😊😊😊
Wonderful guest and discussion.
I enjoyed this. Will check out $FTV
Consuelo Mack is beautiful
I first bought PRWCX in early 2004, even before Mr. Giroux became manager. I held it in my taxable account for about 10 years, sold and soon after bought it in my Roth IRA. It's been a nice ride. Good to hear that an ETF is available for anyone to own.
Disagree with utilities vs. staples. More regulatory risk and interest rate risk.
But every day, valuations are fiction. What's different now?
Thanks bud for keeping us financially Educated! Regardless of how bad it gets on the economy, I still make over $13,000 every single week...
Progress is progress, no matter how slow or consistent. In the end, you're still advancing. Shoutout to Lunvo!"
It's been quite a pump. But you know, with crypto, the big question is always when to take profits. What are your thoughts on that? I've been holding $250k worth of crypto since 2021 and seen it pump n dump
He knows valuations are at insane highs and Trumps policies could cause euphoria until inflation ignites again.
hyperinflation followed by recession you mean
Ive been hearing fearful experts for the past several years. I wouldve missed out on two years of 25% plus yearly gains had I sat on the sidelines.
Yup,. Bingo,. Me,..TOO ! IF, you HAVE Too Much, "Fear" of, the Markets, Put your Money,.. in a Bank !!
Been "All In" in the Market 3+ Years Now ! Watching mostly, Jeremy Seigel and Tom Lee for,.. the "Win" !
Been Buying, the "Good" Dip's and DCA'ing, along, the Way !
Look @ 5 Year Charts to See WHERE, "Your" Option income, Big Tech, ETF's are going, ( as, interest Rates, come Down there's Still,.. Room to, RUN,.. IMO ! )
You have to have time frames for your money, short term you don't want to be in the marker, but if you won't need your money for 7 plus years the market is where you need to be, don't confuse volatility with risk. The stock market is very volatile and risky short-term but historical, not very risky long term.
😂 did he say sell everything & stay in cash????
This Guy looks intelligent 🤓😊
As per my thesis, asset and weatlh allocation out of whack with its functional need in the real economy, always results in fear and trepidation for those who hold and deploy large amounts of capital. Its a problem as old as Sumeria. Possible solutions, on an individual basis, get out of your Ivory Towers buy some businesses and run them instead of just milking their cash flow. Take some chances, make some mistakes. The Shark Tank has been demonstrating this fix for over a decade. On a collective basis, its about taxes and spending and mostly slowing down the technology, driven money burning race to military Armageddon. Just think if Delhi was able to spend 20 billion on clean air scrubbers and carbon capture, instead of countering China's global dominance ambitions.
Excellent content. Thank you.
I remember he kept saying utility in last interview and actually utilities went up at the end. 😊
When a guy like this with his record is a little scared -you better listen.
AND,. the Market continues to,.. "Climb a WALL of,. WORRY" !
I find this superstar very negative. I checked his TCAF compared to VTI (vanguard total index) over 5 years, and he got creamed. Look it up yourself...I am staying passive in the market...and I am creaming these folks by 5X.
Good, Mike. Keep going! Passive is the best path. Best wishes for success.
You can't buy past performance, only future performance, which is unknown. He is a Value manager and Growth has beaten Value in the last 5 years. His Growth bubble commentary is spot on. The high P/Es speak for themselves. Someday the Growth party will end and Value will outperform. Those who want to own overpriced stocks are taking a big risk.
It's a good thing that Capital Appreciation's benchmark isn't the same as VTI's then isn't it? I mean seriously, I'm not sure what the value of comparing a 100% stock fund vs a stock and bond allocation fund is... and the ETF TCAF (if that's what you're referring to) was just launched in June of 2023, so no 5 year history available for comparison.
@@stevewolfe6779 I suppose I should ask what is the point of owning these "niche" funds? Especially new ones. By the time you get past the fees, any change in managers, and wait for a five-year history, you could be way behind the total market. And how long do you hold them? (Disclosure: I hold several T. Rowe Price index funds.) Please comment. Thanks.
@@eikoGoldstein I've held T. Rowe Price Capital Appreciation in my Roth IRA since 1999. Girioux became the manager in 2006. During that transition, T Rowe was very transparent in their semi annual reports about what they were doing, how and when. I value this fund for it's go anywhere approach to finding growth at a reasonable price and value across stocks, bonds, convertibles, etc. I also hold a broad market index fund (Vanguard Total Stock Market) and this is the only other active stock fund I own. YMMV.
YTD, last 12 months and last 24 months, this guest’s TCAF has underperformed the S&P500, S&P500 Growth and Russell 1000 Growth ALL awhile charging a higher fee than the other three ETF. Not impressed with this guest.
Morningstar has the Cap App fund at 10% annualized vs 10.7 for s&p with much less volatility. 1 and 2 yrs aren't good comparators. The system was flooded with money and artificially low rates. That can't last and is already starting to roll over.
@ TCAF’s fee is 10 times that of VOO, while paying 5 times less in dividends than VOO and has a higher PE than VOO. Like I said, not impressed with this guest.
What performance do you need to be a superstar?
Thank you very much...
MMF’s pay as much as short term bonds.
But for how long?
widely followed bear 😂😂😂 that's a wild position to be in
Yup,. I'll STAY ,. "Long / Strong", on My Big Tech, Mag 7 Option income, ETF's !
And I've,. "Loaded the Boat" on Fixed income, too for,.. Monthly income !
I’m worried about retirement planning and I want to ensure a comfortable future. I’ve worked hard my entire life and I want to enjoy the fruits of my labor without financial stress. I’m really concerned about whether I’ve saved enough and invested wisely.
As an investment enthusiast, I often wonder how top-level investors are able to become millionaires through investing. I have a significant amount of capital to start with, but I'm unsure about the strategies and direction I should take to help me generate substantial profits like some people are this season.
It is just like asking if you should self-medicate, of course it's always better to consult a doctor, so yes it's a good idea to seek financial advise if you think you need guidance
A lot of folks downplay the role of advisors until being burned by their own emotions. I remember a couple of summers back, after my lengthy divorce, I needed a good boost to soar my business; hence I researched for licensed advisors and came across someone of utmost qualifications. He's helped grow my reserve notwithstanding inflation from $450k to nearly $3.1M as of today.
Facts, initially I wasn't quite impressed with my gains, I was doing so badly, figured I needed to diversify into better assets, I touched base with a portfolio-advisor and that same year, I pulled a net gain of 550k...that's like 7times more than I average on my own
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
Just gotta give props to Ralph Anthony D'auge, my CFA, he is the real deal in the finance game. Dive into his background, this man is a treasure trove of experience and knowledge for anyone navigating the financial jungle.
As an investment enthusiast, I often wonder how top-level investors are able to become millionaires through investing. I have a significant amount of capital to start with, but I'm unsure about the strategies and direct I should take to help me generate substantial profits like some people are this season.
I’m not in a position to offer financial advice, but given the significant amount of capital you're working with, it would be wise to consult a financial advisor who can guide you in developing a strategy tailored to your goals and risk tolerance.
As an investment enthusiast, I often wonder how top-level investors are able to become millionaires through investing. I have a significant amount of capital to start with, but I'm unsure about the strategies and direction I should take to help me generate substantial profits like some people are this season.
I’m not in a position to offer financial advice, but given the significant amount of capital you're working with, it would be wise to consult a financial advisor who can guide you in developing a strategy tailored to your goals and risk tolerance.
We have been in a depression since 2008, the yield curve has already uninverted, global recession indicators are flashing alarm for well over a year, and absolutely nobody could pull us out of the hell coming regardless of party.
I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!
ASHLEY GARNER ABBOTT 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.