Very well articulated; I wish I had more time for trial and error, but I'll be 56 in October and I need ideas and advice on what investments to make to set myself up for retirement, especially with the looming inflation and recession; my goal is to have a portfolio of at least $500k at the age of 60.
There are a lot of strategies to make tongue-wetting profit especially in this down market, but such sophisticated trades can only be carried out by proper market experts
Very true, I diversified my $120K portfolio across multiple market with the aid of an Investment-Adviser & I have been able to generate over $450k in net profit across high dividend yield stocks, ETF and bonds in few months.
I REALLY need to make this money work for me, and not just disappear over time. I've been scrambling for somewhere to put the money, where I can make an effort to use the gains to pay bills so I can quit my job or should force early retirement. All roads have pointed to the financial market of some sort which is a good idea buh where else should I put money besides the financial market? We have a 13% RPI rate so cash is tough.
Yep great question and that’s always the one - where would you rather be if you have an option. Personally I’m always invested aside from a small emergency fund. Financial-market for me seem the only way forward with my long time horizon (accrued almost $1.4m in gains since 2020 ) but if you don’t have that fortune of time it’s a tough market out there almost nowhere feels safe! . Just know the risk you're comfortable with . Mistake is expensive
I fully agree; I'm 60 years old and recently retired with approximately 1.2 million in outside retirement funds, no debt, and very few dollars in retirement funds in comparison to my portfolio balance over the last three years. To be honest, the financial advisor's role can only be ignored, not dismissed. Therefore do your research to get a reputable one.
Do your due diligence and opt for one that has tactics to help your portfolio continue consistent and steady growth. "Eileen Ruth Sparks" is accountable for the success of my portfolio, and I believe she has the qualifications and expertise to accomplish your objectives.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
The problem is that I've been holding a lot of stocks in the hope of selling them for a profit this month, but I'm not sure if to keep holding or sell because I've been operating at a loss since Q2 and 2023 is really not looking good for investors. Typically during this time of the year, we get to see certain stocks go up in the market, but that's very unlikely this season due to the recession and overall economic crisis.
We’ll be seeing the market plummet further, so I advise you do critical analysis on these companies you’re holding and their data projections in the next fews years. Even better, you could have an investment adviser guide you restructure your overall portfolio and offset the bad apples you’re holding, that strategy’s been working for me so far, saves me a whole lot of stress and continuous anxiety and also it’s very time efficient.
I’ve honestly been considering going the route of an advisor, this current market is no jokes for the average retail investor, but do these advisors really make any notable changes to a portfolio or am I better off on my own.
Unless you intend to buy and hold stocks for a decade, cos I don’t see a reason not to, I’ve been investing closely with an investment adviser for the past 2years and so far I’ve pulled over $850K in net gains and I’m not worried at all about where we’re heading 2023 because I know I’m in good hands.
My husband had three stents, defibrillator 20 years ago. When they put the next day they told us he couldn't drive truck anymore. Broke his heart he has drove truck all his life. I always a stay home mom taking care of my family. I decided to take a truck driving school for 2o weekends along a full time job. So glad I did and been driving truck every since. Loving every minutes. Now I'm out here driving and my husband stay home taking care of home and enjoy life. Red, stay strong and Iive your life to the fullest with your lovely bride. Take care and enjoy life everyday. Thanks for sharing. P.s. please don't feel sorry I'm strong woman. Enjoy your weekend! 😍
I'm an engineer who finds 99% of people in finance to be literal idiots. This, now this man, was smart, informative and you could just tell he knew what he was talking about. I enjoyed this video more that I thought I would!! A good listen while I worked on network systems!
Good day. That is quite Harsh to say that Finance People are literal idiots. There are many smart people in that space, but I am glad you found this video helpful.
Well from someone that understands money supply and reserve currency better than this guy you have a bad sense of who knows what they're talking about.
Thank you thank you thank you for mentioning what happened to the Canadian Truckers and just how messed up that was. It's not talked about enough up here let alone in the US, but it's all relevant.
I think productivity is the way out. For too long society has looked for easy money in speculation on stocks and commodities. Even oil, gold, silver real estate and crypto currencies have their prices rise and fall based on rumours, gossip and regulatory manipulations. But to have a skill is most durable asset and therefore is priceless. Plant a garden, open a home industry like a bakery, restore and repurpose bespoke furniture. Use your hands to skip the system fallout on the horizon.
The financial system has been artificially pumped for over a decade to ensure big pockets were lined; and now those same hands will make a fortune in the largest transfer of wealth in human history by shorting it on the way down. Inflation does have a roll, but that's to keep everyone panicked, and focused on their bills and expenses, rather than focus on the capital crimes of politicians and corporations,I'm still at a crossroads deciding if to liquidate my $338k stock portfolio, what’s the best way to take advantage of this bear market??
Find stocks with yields that exceed the market and stocks that, at the very least, follow the long-term market trend. However, you should get guidance from a financial advisor if you want to create a successful long-term plan...
I agree, I've been in constant touch with an Investment advisor for approximately 17 months. These days, it's really easy to buy into trending stocks, but the task is determining when to sell or hold. That's where my advisor comes in, to help me with entry and exit points , I've accrued over $337k from an initially stagnant reserve of $148K all within 18 months...
The adviser I'm in touch with is 'Helene Claire Johnson', he works with Merrill, Pierce, Smith incorporated and interviewed on CNBC Television. You can use something else. for me his strategy works hence my result. he provides entry and exit point for the securities I focus on.
What he's not telling you is that he's a landlord. He will get more wealthy by renting the property he's buying now to the poor they could never afford to move away from. To get on the right side of the wealth transfer, you have to be on the right side before it begins.
Yes -productive real estate is real estate you need to provide useful services, create products, food, tools etc that are needed by businesses and people and customers.
Excellent episode, I watched it twice! Please make sure to bring him back. He has a functional way of explaining things. And he's right, tangible things are what wealth is about; land, homes, etc.
First he's wrong about the reserve currency issue. Second he's holding gold, so he is not a person to listen to on holdings. Look at the data. Gold is one of the worst long-term holdings, and it doesn't counter inflation.
A good way to curb the ego driven spending by the government is to make lobbing illegal. People paid to further the agendas of the rich. Who then attach themselves to various government officials representatives
I am not sure about investing a lot in oil....considering that gas cars are being phased out. Or in property or land....taxes may become exorbitant. Maybe a modest house or small piece of land that is debt free or as debt free as possible and with multiple people living together to help defray expenses, makes sense. I liked the advice, "Plant a garden". And I would add to make sure that you have a pollinator friendly garden, with plenty of nectar and pollen producing trees, shrubs free of pesticides and herbicides. That is to support beneficial insects that are pollinators and the beneficial insects that combat pest insects. But I would also stock you garden with food producing plants that do not rely on pollinating insects..ie wind pollinated plants, plants that rely on rhizomes or top sets
Very good interview. Am just really surprised that you never mentioned it ALL being connected and Planned.... been decades in the planning. Deliberate destruction of "useless feeders".
I’d like to know what to do as a senior on a fixed income ? You guys had a head start - you had good tips - I have some saved not in banks ! Do I get some silver coin? In a senior apartment & need advice ! Wondering if there are more lone seniors to connect with ?
I got an idea, every time Congress & Admin spends above the budget their salary should be decreased to balance the budget. As long as their wallet is protected nothing will change for gov. spending.
“Plant a Garden”.... Thank you for continuing to inform what this picture looks like. A perspretive to consider in this statment about gardens, food and forests or trees is that this scope of work and what comes of it relates to some very fundamental ways in which humans stabilize, provide sufficient resource locally and can literally grow a sense of confidence moving forward while also enhancing immediate community.
Excellent explanation of inflation. I always wondered why money printing didn’t raise ALL prices. You cleared it up by pointing out that the money does not get distributed evenly. The ric h get low interest loans and buy stocks, big houses, commercial RE and trophy assets, not extra groceries. The small items shot up because of Stimulus Checks, unemployment prizes, etc.
43:56 - sounds like Morgan Freeman’s character Red in The Shawshank Redemption. Tim Robbin’s say, “I understand you are a man who knows how to get things,”
Yes - If the US Fed is printing money at a faster rate than the production of goods and services , that means the dollar in your hand has declined in value . I'm not a fan of neo liberal economics , but Milton Friedman said there is about 12 to 24 month delay between money printing and the inflation it causes .
Great time listening. He made me realize so much. The yuan is a closed currency. It will not be traded openly anytime soon. Why? This'll cause an outward gush of wealth causing everything Chinese to crash, including the markets & currency. That is why a BRICS currency is unlikely anytime soon. BRICS countries are also still developing. There is no solid foundation to build on yet. -- Transfer of wealth is beginning now in Florida. Who is going to buy all this debt, all this failed farmland, and failed businesses? Is there going to be a bailout? Will all this physical wealth be liquidated? Although politicians don't know how to balance a budget, they do know how not balancing creates/distribute wealth in a way that benefits them & big business. The question to all this, where's the exit for the little guy. Or perhaps it is opportunity. How can we provide the little guy access?
On The Market, What I heard was have land with trees and garden and be social able, have friends and associate I can count on, have skills to improve my life and a strong sound mind and do not fall apart when things are very unstable in life be able to navigate one own life thank you for having Chris on here. Enjoy this I heard about the debt ceiling ever since I was hired as a medical record keeping in 1977 year. So far by the grace of unseen God spirit I live 65 earth years I do okay with the life I have and still manage to get up function make decisions and move forward Thank you all 3 again for the insightful video.
He’s incorrect in one thing because you can own assets and they can be seized and you’re left with nothing. The only thing is worth having is Power. The good people have to eliminate the power of the bad people. It’s been the same for as long as time
I like him! He posts some enlightening information about the pandemic too. You should try to get George Gammon or Jeff Snider for macro related content!
I've been watching Chris for awhile and find him very knowlegable. I just ran across you two by accident. Always good to have other opionions. In these scarey times, knowledge is power and I need to know as much as I can. Thx
What do you do when you are aware that you need to do something you have some money but not enough to go till you die and you're old enough that you don't have years to recover what you're losing now. the social aspect leaves you limited in the type of people you get to interact with and you can't feed yourself from your own garden? As a widower a think of finding a woman with similar values as i do and who may already have a garden that i could help with. The money stuff is a whole other issue that requires more knowledge than i can offer you now. First time i heard this show and found it to be interesting but as a senior very unsettling yet certainly worth listening to, thank you.
Keeping this to myself isn't a good idea, I decided to tell everyone so you guys can all benefit from this. People keep talking about Stacy Griffin but I never knew how her software works until she show me, I will forever be grateful for her strategies of making big profits.....
They say the Japs survive the huge debt ratio because the public owns the debt. The debt goes into "savings" and thus misses the multiplier of fractional reserve banking.
If we hit hyperinflation, the stock market would hyperinflate alongside. Has happened in every country that had experienced hyperinflation and has also had a stock market. Also, owning some 'houses' and 'trees' aren't going to help in hyperinflation. Food, somewhere to live outside the city, and a means to protect yourself is what you need if we hit true hyperinflation
How has the largest wealth transfer just begun? This has been going on before anyone alive was born, the last time it got this bad the elite created social security, unemployment, and unions, enough time has passed where those things have been phased out especially unions.
@@jamescookfair9057 i am under the impression that during the great depression the president basically went to those who actually run this country, and made a deal, because they literally broke the peasant class. Look at the depression era footage, and witness how many angry mobs there were. I get my information from ivy league folks though, dont take my word for it... read about that time. If you dont believe that the uber rich control the usa then u need to read a lot more.
The "over-correction" didn't start in '87. It began in 1971 as the Nixon shock - with all the associated cost/benefit derived from same. (Hope you all got something out of it.) 🤠
So if the Fed's only create 30percent of currency and banks create the rest, with all loans by banks use created currency that didn't exist before you applied for the loan, then all loan contracts would be void as the banks don't put anything of value or consideration up. Which is part of contract law. Making foreclosure and repossession of security felony theft. People your labor, creativity,and sweat is the only value that this whole system depends on. You are the credit, that the bankers steal from in the form of interest. Every piece of currency ever printed in existence is owed to the bankers in interest. They own the federal reserve. 1933 bankruptcy of the statutory U.S not 50 states, i.e. Washington DC leveraged your labor and all your children's labor enslaving the country just too enrich themselves.
Standard guy that comments on the Fed but doesn't read the ZR1 every three months when it comes out. The largest holding of treasuries was China and they started using them. BRIC currency coming out of nowhere is what someone trying to scare you says. They've been running that system for 25 years and no effect on the currency because they can't run the deficits. Yes you have to have the deficits to deliver the the currency needed for it to be a supply and become a reserve currency. They don't even have a BRIC currency yet. And when Russia starts dumping currency in the market the other letters will stop it or dump more and lower the value. No one will have a reserve currency that depends on multiple government.
For 24 years working hard as a school teacher for my salary, sometimes I would rush to the grocery store in the middle of the day to buy snacks for my kids or for the next teacher meeting and notice more and more unemployed people shopping with EBT cards. Then, when I resigned and was in the process of relocating, I noticed many illegals and unemployed in line being approved for health and dental coverage, yet I resign and was not able to receive health support. Even though I paid my taxes (30% for 24 years), I was not able to receive any support. It was difficult to see many unemployed people getting approved, knowing it was my 25 years of paying taxes that is used to help them, yet I had to borrow money from my dad and brother to buy my food, pay for car insurance and I lived without welfare, EBT, and health insurance. You have to be fired or laid off to receive unemployment. However, being fired and laid off can make it difficult to get the next job. That's why I resigned. Too many people in the US are receiving food, shelter, clothing, and insurance free, without working. The system is made to earn more things from not working. Anyone who receives Federal and State benefits should show some form of contributing back to society. Our system is designed to keep most people unmotivated to give back. Make less than $1,300 a month to get EBT (food card) and medical. Make money "under the table" or illegally and not pay taxes to keep to food card. The more low income people receive, the more they rely on the government and never learn how to work for their money and ,the easier leaders can control the mass. I finally retired and am taking care of my parents. I worked hard, paid for many non-working people to not work and get free food, shelter, and clothing. I now have to get a part-time job to pay for my health insurance ($1,000 a month). This is the reward I receive in the society I have been born in and have lived in these past 57 years. My parents had it the best in the US. In the 1960's, mom was able to stay home and care for us. Dad was able to buy a house, one car, one tv, in a middle class neighborhood, good school, great neighbors. The "American dream" is a cycle that has ended. I still believe capitalism can be a good system. It has the most freedom to grow spiritually and intellectually, but has it's many imperfections as well. That imperfection is the human condition that began when Adam and Eve chose their way instead of God's (Yahweh, the Great Creator). I hope we learn from this and improve our ways.
21:10 Why do the “owners of bonds get crushed in a deflationary environment”? I would expect just the opposite. I buy long term bonds yielding 5%, inflation goes down to 1% or even negative, and I sell the bonds for a lot more than I paid for them. Right ?
I think the wealth transfer already happened. People that already owned real estate before the pandemic are sitting on a low fixed mortgage in a high interest rate environment with high inflation. Meanwhile, people that do not own are facing higher prices and higher interest rates
Excellent presentation. Thank you for this. I have learned quite a lot.
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I'm listening to the part when he talks about the Weimar Republic and how people had to transfer their wealth to hard tangible assets like land, factories, etc. Then he says that "if your wealth is all something you can see in a computer screen, it's exposed". While his description of the problem seems to be exact, the solution he is hinting is flawed. I am Venezuelan who lived through the hyperinflation of 2017-2019, which stopped when the government freed up currency exchange controls. Putting your wealth in land or hard assets that can be confiscated away in a socialist country is NOT a good idea. Most people took refuge in the dollar, and that's how things stabilized until today. But when the US gets Venezuelanized, where will americans put their wealth? in hard tangible assets that are easy confiscateable and taxed away? In the dollar? A little bit of digging deeper into what bitcoin is, will lead one to the same conclusion Michael Saylor came to: Bitcoin is the world's only pristine asset that has a chance of surviving this mess.
😂😂😂😂😂😂 they cost less than gas cars already and they're still dropping in price. The biggest arbitration right now is using the mileage deduction on an electric car. When the IRS starts putting electric car costs in the mileage deduction ICE will evaporate. Unions are holding it back now.
Methods of transfer: taxes, debt and debt payments, interest, rents, inflation, more debt, rules & regulations, costs of higher education, big pharma, big medical, MIC, banks. Mostly the banks. War & plandemics - both create big spending leading to big debt. Banks love debts. Control the debt, you control the nation.
50:40 Chris said productive real estate. Homes as an asset WILL crash. The rents landlords collect will crash, but in depression any money is worth something. In Inflationary crack up booms that rental income WON’T keep up with inflation, but outpace those who are not collecting it.
The market has been pretty bad until today it decided to go up. Everyone was practically crying then. She continued to dive. That's what you get when you feel like you can navigate the process on your own. Many thanks to Valentina Morris. I am not worried about how bad the market is because my assets are insured due to your advice and I continue to receive my profits.
Great Video - well worth watching - not knowing who anyone was here - I thought there was going to be a sales pitch at the end , but there wasn't . Yes we are seeing money printing by central banks as a method of transferring wealth . Cash is a sitting duck . The question is what assets can people buy to protect their incomes , savings and pensions ? .
Federal reserve moved to Texas. We are in a time where the wealth stolen from us will be returned to us I'm so waiting for this. Been excited for quite a while
Not sure where he got his info about Zimbabwe having a hundred trillion dollar note back in 1999. I lived in Zimbabwe in 2004 and the highest note was $500
You're a bit late to the start of the wealth transfer. Just look at a line graph of the US GINI Coefficient since 1973. This is only the latest wave of wealth transfers.
Well, just 4 weeks later and the S&P 500 is UP .... 5% more. So far this year the S&P 500 is now up over 15% for the year. That is fantastic given the market goes up 9% on average each year. DO NOT fight the fed.
But all the banks changed their entity once you do that every contract is null and void. You can look up the research for South in order for the contract to stick it would have to be done through a court of law and everybody would be notified you just don't hand over a promissory note to anybody. And Fiat money is valuable it is a promissory note and the banks backed it. The best investment right now is treasuries. What a great way to invest your money in your own country.
When you said cause and effect, i say ding dong US or this admin needs to watch their arrogance. They should of had a better heart to heart. We are not above Universal Law. Thank you Chris.
Very informative. I strongly believe in connecting with people, we need each other to succeed, to move on, to teach us for we can only move on through people
Lot of land waiting to be farmed. How many shows filming depressed parts of the country with ample size atractive spaces to farm. Underlying , is lack of numbers.
According to this gentleman, finally and unfortunately, our boomer parent’s and grands’ shit is hitting the fan. Thanks, mom and dad. Please, go take a seat while we clean up and suffer thru your mess. And don’t touch anything! Sincerely Our Love, Gens X, Y & Z (P.S. whoever called them “boomers” missed their mark with this greedy bunch-a grifters.)
Very well articulated; I wish I had more time for trial and error, but I'll be 56 in October and I need ideas and advice on what investments to make to set myself up for retirement, especially with the looming inflation and recession; my goal is to have a portfolio of at least $500k at the age of 60.
There are a lot of strategies to make tongue-wetting profit especially in this down market, but such sophisticated trades can only be carried out by proper market experts
Very true, I diversified my $120K portfolio across multiple market with the aid of an Investment-Adviser & I have been able to generate over $450k in net profit across high dividend yield stocks, ETF and bonds in few months.
credits to Colleen Rose Mccaffery, one of the best portfolio manager;s out there. she;s well known, you should look her up.
Scammers beware!!!!!!!!
Here's some advice, trust NO ONE, learn about stealing money, from the best thieves, "The financial insiders".....
I REALLY need to make this money work for me, and not just disappear over time. I've been scrambling for somewhere to put the money, where I can make an effort to use the gains to pay bills so I can quit my job or should force early retirement. All roads have pointed to the financial market of some sort which is a good idea buh where else should I put money besides the financial market? We have a 13% RPI rate so cash is tough.
Yep great question and that’s always the one - where would you rather be if you have an option. Personally I’m always invested aside from a small emergency fund. Financial-market for me seem the only way forward with my long time horizon (accrued almost $1.4m in gains since 2020 ) but if you don’t have that fortune of time it’s a tough market out there almost nowhere feels safe! . Just know the risk you're comfortable with . Mistake is expensive
I fully agree; I'm 60 years old and recently retired with approximately 1.2 million in outside retirement funds, no debt, and very few dollars in retirement funds in comparison to my portfolio balance over the last three years. To be honest, the financial advisor's role can only be ignored, not dismissed. Therefore do your research to get a reputable one.
A million dollars in profit is a fantastic achievement; how can I contact this advisør of yours?
Do your due diligence and opt for one that has tactics to help your portfolio continue consistent and steady growth. "Eileen Ruth Sparks" is accountable for the success of my portfolio, and I believe she has the qualifications and expertise to accomplish your objectives.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
The problem is that I've been holding a lot of stocks in the hope of selling them for a profit this month, but I'm not sure if to keep holding or sell because I've been operating at a loss since Q2 and 2023 is really not looking good for investors. Typically during this time of the year, we get to see certain stocks go up in the market, but that's very unlikely this season due to the recession and overall economic crisis.
We’ll be seeing the market plummet further, so I advise you do critical analysis on these companies you’re holding and their data projections in the next fews years. Even better, you could have an investment adviser guide you restructure your overall portfolio and offset the bad apples you’re holding, that strategy’s been working for me so far, saves me a whole lot of stress and continuous anxiety and also it’s very time efficient.
I’ve honestly been considering going the route of an advisor, this current market is no jokes for the average retail investor, but do these advisors really make any notable changes to a portfolio or am I better off on my own.
Unless you intend to buy and hold stocks for a decade, cos I don’t see a reason not to, I’ve been investing closely with an investment adviser for the past 2years and so far I’ve pulled over $850K in net gains and I’m not worried at all about where we’re heading 2023 because I know I’m in good hands.
@@berkrix4312 Very well said, could you recommend this coach that guides you? I’m just a beginner and I’ve been having a terrible year
@@DavidRiggs-dc7jk credits to Christine Jane Mclean, one of the best portfolio manager;s out there. she;s well known, you should look her up.
My husband had three stents, defibrillator 20 years ago. When they put the next day they told us he couldn't drive truck anymore. Broke his heart he has drove truck all his life. I always a stay home mom taking care of my family. I decided to take a truck driving school for 2o weekends along a full time job. So glad I did and been driving truck every since. Loving every minutes. Now I'm out here driving and my husband stay home taking care of home and enjoy life. Red, stay strong and Iive your life to the fullest with your lovely bride. Take care and enjoy life everyday. Thanks for sharing. P.s. please don't feel sorry I'm strong woman. Enjoy your weekend!
😍
You realize he got heart problem from driving? Make sure you exercise twice a day.
I'm an engineer who finds 99% of people in finance to be literal idiots. This, now this man, was smart, informative and you could just tell he knew what he was talking about. I enjoyed this video more that I thought I would!! A good listen while I worked on network systems!
Good day. That is quite Harsh to say that Finance People are literal idiots. There are many smart people in that space, but I am glad you found this video helpful.
Well from someone that understands money supply and reserve currency better than this guy you have a bad sense of who knows what they're talking about.
Thank you thank you thank you for mentioning what happened to the Canadian Truckers and just how messed up that was. It's not talked about enough up here let alone in the US, but it's all relevant.
It's weird when you find a video that gathers together all the information you learned seperately and have been screaming at your family for 2 years.
I think productivity is the way out. For too long society has looked for easy money in speculation on stocks and commodities. Even oil, gold, silver real estate and crypto currencies have their prices rise and fall based on rumours, gossip and regulatory manipulations.
But to have a skill is most durable asset and therefore is priceless.
Plant a garden, open a home industry like a bakery, restore and repurpose bespoke furniture. Use your hands to skip the system fallout on the horizon.
Our biggest wealth transfer was when we paid our enemies our wealth for their oil when we were sitting on the biggest find to date.
One of the best episodes you guys have put out! So straight forward and educational .
The financial system has been artificially pumped for over a decade to ensure big pockets were lined; and now those same hands will make a fortune in the largest transfer of wealth in human history by shorting it on the way down. Inflation does have a roll, but that's to keep everyone panicked, and focused on their bills and expenses, rather than focus on the capital crimes of politicians and corporations,I'm still at a crossroads deciding if to liquidate my $338k stock portfolio, what’s the best way to take advantage of this bear market??
Find stocks with yields that exceed the market and stocks that, at the very least, follow the long-term market trend. However, you should get guidance from a financial advisor if you want to create a successful long-term plan...
I agree, I've been in constant touch with an Investment advisor for approximately 17 months. These days, it's really easy to buy into trending stocks, but the task is determining when to sell or hold. That's where my advisor comes in, to help me with entry and exit points , I've accrued over $337k from an initially stagnant reserve of $148K all within 18 months...
Impressive, that sounds good but how do I reach out to your ad_visor?
The adviser I'm in touch with is 'Helene Claire Johnson', he works with Merrill, Pierce, Smith incorporated and interviewed on CNBC Television. You can use something else. for me his strategy works hence my result. he provides entry and exit point for the securities I focus on.
Definitely gonna check her out. I live in Swit_zerland. Any idea if it's still okay to re_ach out?
Great episode. I think the guest really gets it and provided tangible solutions to address it individually the inevitable precarious situation.
I found this presentation the most thorough and emotionally balanced with calm. And good information with examples. For what is going on thank you
What he's not telling you is that he's a landlord. He will get more wealthy by renting the property he's buying now to the poor they could never afford to move away from.
To get on the right side of the wealth transfer, you have to be on the right side before it begins.
Always love learning from Chris :). His info during COVID kept me from going nuts
Yes -productive real estate is real estate you need to provide useful services, create products, food, tools etc that are needed by businesses and people and customers.
Excellent episode, I watched it twice! Please make sure to bring him back. He has a functional way of explaining things. And he's right, tangible things are what wealth is about; land, homes, etc.
First he's wrong about the reserve currency issue. Second he's holding gold, so he is not a person to listen to on holdings. Look at the data. Gold is one of the worst long-term holdings, and it doesn't counter inflation.
A good way to curb the ego driven spending by the government is to make lobbing illegal. People paid to further the agendas of the rich. Who then attach themselves to various government officials representatives
Love you Dave! And thank you Kathy for bringing my attention to Chris. Great info.
I am not sure about investing a lot in oil....considering that gas cars are being phased out. Or in property or land....taxes may become exorbitant. Maybe a modest house or small piece of land that is debt free or as debt free as possible and with multiple people living together to help defray expenses, makes sense. I liked the advice, "Plant a garden". And I would add to make sure that you have a pollinator friendly garden, with plenty of nectar and pollen producing trees, shrubs free of pesticides and herbicides. That is to support beneficial insects that are pollinators and the beneficial insects that combat pest insects. But I would also stock you garden with food producing plants that do not rely on pollinating insects..ie wind pollinated plants, plants that rely on rhizomes or top sets
Very good interview. Am just really surprised that you never mentioned it ALL being connected and Planned.... been decades in the planning. Deliberate destruction of "useless feeders".
Brilliant and practical conversation.
This episode is top tier and listened to it multiple times. More of this type of content please
The Maverick of Wall Street is the best.
I’d like to know what to do as a senior on a fixed income ? You guys had a head start - you had good tips - I have some saved not in banks ! Do I get some silver coin? In a senior apartment & need advice ! Wondering if there are more lone seniors to connect with ?
Excellent coverage. You and vikki are my favorites based on the topics.
He is right on the mark...especially social networking!
I got an idea, every time Congress & Admin spends above the budget their salary should be decreased to balance the budget. As long as their wallet is protected nothing will change for gov. spending.
“Plant a Garden”.... Thank you for continuing to inform what this picture looks like. A perspretive to consider in this statment about gardens, food and forests or trees is that this scope of work and what comes of it relates to some very fundamental ways in which humans stabilize, provide sufficient resource locally and can literally grow a sense of confidence moving forward while also enhancing immediate community.
Except they're going after that under the guise of climate change. Many countries are outlawing it completely.
Excellent explanation of inflation. I always wondered why money printing didn’t raise ALL prices.
You cleared it up by pointing out that the money does not get distributed evenly. The ric h get low
interest loans and buy stocks, big houses, commercial RE and trophy assets, not extra groceries.
The small items shot up because of Stimulus Checks, unemployment prizes, etc.
43:56 - sounds like Morgan Freeman’s character Red in The Shawshank Redemption. Tim Robbin’s say, “I understand you are a man who knows how to get things,”
Yes - If the US Fed is printing money at a faster rate than the production of goods and services ,
that means the dollar in your hand has declined in value .
I'm not a fan of neo liberal economics , but Milton Friedman said there is about 12 to 24 month delay between money printing and the inflation it causes .
Social security budget could be easily fixed if it was uncapped for higher earners
Or maybe....hear me out... Maaaaybe, the Government should stop spending like a gambler going tilt.
Great time listening. He made me realize so much. The yuan is a closed currency. It will not be traded openly anytime soon. Why? This'll cause an outward gush of wealth causing everything Chinese to crash, including the markets & currency. That is why a BRICS currency is unlikely anytime soon. BRICS countries are also still developing. There is no solid foundation to build on yet. -- Transfer of wealth is beginning now in Florida. Who is going to buy all this debt, all this failed farmland, and failed businesses? Is there going to be a bailout? Will all this physical wealth be liquidated? Although politicians don't know how to balance a budget, they do know how not balancing creates/distribute wealth in a way that benefits them & big business. The question to all this, where's the exit for the little guy. Or perhaps it is opportunity. How can we provide the little guy access?
On The Market, What I heard was have land with trees and garden and be social able, have friends and associate I can count on, have skills to improve my life and a strong sound mind and do not fall apart when things are very unstable in life be able to navigate one own life thank you for having Chris on here. Enjoy this I heard about the debt ceiling ever since I was hired as a medical record keeping in 1977 year. So far by the grace of unseen God spirit I live 65 earth years I do okay with the life I have and still manage to get up function make decisions and move forward Thank you all 3 again for the insightful video.
He’s incorrect in one thing because you can own assets and they can be seized and you’re left with nothing. The only thing is worth having is Power. The good people have to eliminate the power of the bad people. It’s been the same for as long as time
I like him! He posts some enlightening information about the pandemic too. You should try to get George Gammon or Jeff Snider for macro related content!
I've been watching Chris for awhile and find him very knowlegable. I just ran across you two by accident. Always good to have other opionions. In these scarey times, knowledge is power and I need to know as much as I can. Thx
Good video but makes the assumption that government will still be a free/friendly format. Hard assets can be seized. Especially land.
a skillset that includes the knack to fix anything that breaks and some tools. thank you universe for bestowing me with the knack.
What do you do when you are aware that you need to do something you have some money but not enough to go till you die and you're old enough that you don't have years to recover what you're losing now. the social aspect leaves you limited in the type of people you get to interact with and you can't feed yourself from your own garden? As a widower a think of finding a woman with similar values as i do and who may already have a garden that i could help with. The money stuff is a whole other issue that requires more knowledge than i can offer you now. First time i heard this show and found it to be interesting but as a senior very unsettling yet certainly worth listening to, thank you.
Keeping this to myself isn't a good idea, I decided to tell everyone so you guys can all benefit from this. People keep talking about Stacy Griffin but I never knew how her software works until she show me, I will forever be grateful for her strategies of making big profits.....
The thing about been successful is working toward it and not going the other way round
You are right. Been thinking of going into gold and cyptocurrency
It's obvious everyone is doing this online Investment
@@zoeyswaniawski7306I totally agree with you it has been an eye-opening experience for a lot of people.
Talking about been successful. I know I am blessed if not I wouldn't have met someone is as spectacular as Stacy Griffin
What you say is practical and wise. Thank you!
Chris,
How will manufacturing come back with the energy issues facing us?
Japan has a debt to GDP ratio well over 200%. The country has barely seen any inflation this past decade.
They say the Japs survive the huge debt ratio because the public owns the debt. The debt goes into "savings" and thus misses the multiplier of fractional reserve banking.
If we hit hyperinflation, the stock market would hyperinflate alongside. Has happened in every country that had experienced hyperinflation and has also had a stock market. Also, owning some 'houses' and 'trees' aren't going to help in hyperinflation. Food, somewhere to live outside the city, and a means to protect yourself is what you need if we hit true hyperinflation
Its seems most of the money printed by central banks over the last 20 years has ended in the purchase of assets
( stocks, real estate , art etc ) .
.
How has the largest wealth transfer just begun? This has been going on before anyone alive was born, the last time it got this bad the elite created social security, unemployment, and unions, enough time has passed where those things have been phased out especially unions.
The elite created ss and unions?
@@jamescookfair9057 i am under the impression that during the great depression the president basically went to those who actually run this country, and made a deal, because they literally broke the peasant class. Look at the depression era footage, and witness how many angry mobs there were. I get my information from ivy league folks though, dont take my word for it... read about that time. If you dont believe that the uber rich control the usa then u need to read a lot more.
Excellent podcast.
The "over-correction" didn't start in '87.
It began in 1971 as the Nixon shock - with all the associated cost/benefit derived from same.
(Hope you all got something out of it.) 🤠
So if the Fed's only create 30percent of currency and banks create the rest, with all loans by banks use created currency that didn't exist before you applied for the loan, then all loan contracts would be void as the banks don't put anything of value or consideration up. Which is part of contract law. Making foreclosure and repossession of security felony theft. People your labor, creativity,and sweat is the only value that this whole system depends on. You are the credit, that the bankers steal from in the form of interest. Every piece of currency ever printed in existence is owed to the bankers in interest. They own the federal reserve. 1933 bankruptcy of the statutory U.S not 50 states, i.e. Washington DC leveraged your labor and all your children's labor enslaving the country just too enrich themselves.
Standard guy that comments on the Fed but doesn't read the ZR1 every three months when it comes out.
The largest holding of treasuries was China and they started using them.
BRIC currency coming out of nowhere is what someone trying to scare you says. They've been running that system for 25 years and no effect on the currency because they can't run the deficits.
Yes you have to have the deficits to deliver the the currency needed for it to be a supply and become a reserve currency. They don't even have a BRIC currency yet. And when Russia starts dumping currency in the market the other letters will stop it or dump more and lower the value. No one will have a reserve currency that depends on multiple government.
For 24 years working hard as a school teacher for my salary, sometimes I would rush to the grocery store in the middle of the day to buy snacks for my kids or for the next teacher meeting and notice more and more unemployed people shopping with EBT cards.
Then, when I resigned and was in the process of relocating, I noticed many illegals and unemployed in line being approved for health and dental coverage, yet I resign and was not able to receive health support. Even though I paid my taxes (30% for 24 years), I was not able to receive any support. It was difficult to see many unemployed people getting approved, knowing it was my 25 years of paying taxes that is used to help them, yet I had to borrow money from my dad and brother to buy my food, pay for car insurance and I lived without welfare, EBT, and health insurance. You have to be fired or laid off to receive unemployment. However, being fired and laid off can make it difficult to get the next job. That's why I resigned.
Too many people in the US are receiving food, shelter, clothing, and insurance free, without working. The system is made to earn more things from not working. Anyone who receives Federal and State benefits should show some form of contributing back to society. Our system is designed to keep most people unmotivated to give back. Make less than $1,300 a month to get EBT (food card) and medical. Make money "under the table" or illegally and not pay taxes to keep to food card. The more low income people receive, the more they rely on the government and never learn how to work for their money and ,the easier leaders can control the mass.
I finally retired and am taking care of my parents. I worked hard, paid for many non-working people to not work and get free food, shelter, and clothing. I now have to get a part-time job to pay for my health insurance ($1,000 a month). This is the reward I receive in the society I have been born in and have lived in these past 57 years.
My parents had it the best in the US. In the 1960's, mom was able to stay home and care for us. Dad was able to buy a house, one car, one tv, in a middle class neighborhood, good school, great neighbors. The "American dream" is a cycle that has ended. I still believe capitalism can be a good system. It has the most freedom to grow spiritually and intellectually, but has it's many imperfections as well. That imperfection is the human condition that began when Adam and Eve chose their way instead of God's (Yahweh, the Great Creator). I hope we learn from this and improve our ways.
Get a Time Machine.
You should have kept working, in Georgia teachers get generous pension and healthcare after 30 years.
Amazing interview, thank you so much for providing this content!
This is extremely enlightening on many levels!
21:10 Why do the “owners of bonds get crushed in a deflationary environment”? I would expect just the opposite. I buy long term bonds yielding 5%, inflation goes down to 1% or even negative, and I sell the bonds for a lot more than I paid for them. Right ?
I think the wealth transfer already happened. People that already owned real estate before the pandemic are sitting on a low fixed mortgage in a high interest rate environment with high inflation. Meanwhile, people that do not own are facing higher prices and higher interest rates
Clear explanation that I needed to hear, I never heard it being said like that but I'm not that surprised at they game that they play...
Excellent presentation. Thank you for this. I have learned quite a lot.
I'm listening to the part when he talks about the Weimar Republic and how people had to transfer their wealth to hard tangible assets like land, factories, etc. Then he says that "if your wealth is all something you can see in a computer screen, it's exposed". While his description of the problem seems to be exact, the solution he is hinting is flawed. I am Venezuelan who lived through the hyperinflation of 2017-2019, which stopped when the government freed up currency exchange controls. Putting your wealth in land or hard assets that can be confiscated away in a socialist country is NOT a good idea. Most people took refuge in the dollar, and that's how things stabilized until today.
But when the US gets Venezuelanized, where will americans put their wealth? in hard tangible assets that are easy confiscateable and taxed away? In the dollar? A little bit of digging deeper into what bitcoin is, will lead one to the same conclusion Michael Saylor came to: Bitcoin is the world's only pristine asset that has a chance of surviving this mess.
The death of the petro dollar is what has precipitated the emergence of the electric car which ultimately fail due to cost.
😂😂😂😂😂😂 they cost less than gas cars already and they're still dropping in price. The biggest arbitration right now is using the mileage deduction on an electric car. When the IRS starts putting electric car costs in the mileage deduction ICE will evaporate. Unions are holding it back now.
Methods of transfer: taxes, debt and debt payments, interest, rents, inflation, more debt, rules & regulations, costs of higher education, big pharma, big medical, MIC, banks. Mostly the banks. War & plandemics - both create big spending leading to big debt. Banks love debts. Control the debt, you control the nation.
I do not want the US to take our money away through inflation either!
50:40 Chris said productive real estate. Homes as an asset WILL crash. The rents landlords collect will crash, but in depression any money is worth something. In Inflationary crack up booms that rental income WON’T keep up with inflation, but outpace those who are not collecting it.
Funny. I thought about planting a garden and it was confirmed as a good idea here. I want to store tons of meat as well.
The market has been pretty bad until today it decided to go up. Everyone was practically crying then. She continued to dive. That's what you get when you feel like you can navigate the process on your own. Many thanks to Valentina Morris. I am not worried about how bad the market is because my assets are insured due to your advice and I continue to receive my profits.
A wise person must know that in order to build success, they must invest wisely and have the proper knowledge or guidance in the financial market.
@Charlotte Bagg you can contact her at
Tele
Gram, with the username
@investwithValentina, that's it
Great Video - well worth watching - not knowing who anyone was here - I thought there was going to be a sales pitch
at the end , but there wasn't . Yes we are seeing money printing by central banks as a method of transferring wealth .
Cash is a sitting duck . The question is what assets can people buy to protect their incomes , savings and pensions ?
.
Yes. Productive real estate home owners to get CRUSHED.
Federal reserve moved to Texas. We are in a time where the wealth stolen from us will be returned to us I'm so waiting for this. Been excited for quite a while
The federal reserve should eat the losses since they can just print money
Excellent and very informative and doable.
M2 supply is actually going down this past year. First time since 1930
Good point .
Thanks🌻Much🤗 Guys
Unless I misunderstood, the way to avoid the wealth transfer working against me is to buy real estate at all-time record highs?
Inflation is the way of life. 50:41
Very interesting topic on our financial future. A must watch.
Not sure where he got his info about Zimbabwe having a hundred trillion dollar note back in 1999. I lived in Zimbabwe in 2004 and the highest note was $500
They made a 100 trillion coin, gotta be worth something 😂
Anything that profits off the blindness of the people and dependent on the people to work, will be diminished and deemed worthless.
You're a bit late to the start of the wealth transfer. Just look at a line graph of the US GINI Coefficient since 1973. This is only the latest wave of wealth transfers.
“things you can find it on a computer screen only, right um it’s exposed.” 35:52
The biggest wealth transfer is going to the top 1-20% not us average wage earners so wondering how to get out of this trap.
Well, just 4 weeks later and the S&P 500 is UP .... 5% more. So far this year the S&P 500 is now up over 15% for the year. That is fantastic given the market goes up 9% on average each year. DO NOT fight the fed.
They made a boat load of money from the market crashes , from peoples investments
At least he finally admitted he’s biased to European centric
But all the banks changed their entity once you do that every contract is null and void. You can look up the research for South in order for the contract to stick it would have to be done through a court of law and everybody would be notified you just don't hand over a promissory note to anybody. And Fiat money is valuable it is a promissory note and the banks backed it. The best investment right now is treasuries. What a great way to invest your money in your own country.
I remember the GreenSpan days money was everywhere .Mall park lots full of cars on a Monday
If you had invested in the S&P 500 in 1987 you would be way ahead today.
You would be a Millionaire ... I am LOL
When you said cause and effect, i say ding dong US or this admin needs to watch their arrogance. They should of had a better heart to heart. We are not above Universal Law. Thank you Chris.
Great. Thanks
Actually very informative interview.
Very informative. I strongly believe in connecting with people, we need each other to succeed, to move on, to teach us for we can only move on through people
Umm. No mention of extortion, racketeering, and money laundering
Lot of land waiting to be farmed. How many shows filming depressed parts of the country with ample size atractive spaces to farm. Underlying , is lack of numbers.
WE ARE A REPUBLIC !!!
Then there's always you could be doing some thinking for yourself
Amazing how much this man reminds me of Micky Rooney
excellent presentation
The Fed is like a drunk driver - can't seem to keep the car on the road.
How long is the "period of time"? 30 years? 18 months?
Land purchasing in critical hinterland. Think where agro biz and resources are perrienal .
Sounds like a well balanced mind.
Always looking to learn, sharing links
According to this gentleman, finally and unfortunately, our boomer parent’s and grands’ shit is hitting the fan.
Thanks, mom and dad.
Please, go take a seat while we clean up and suffer thru your mess. And don’t touch anything!
Sincerely Our Love,
Gens X, Y & Z
(P.S. whoever called them “boomers” missed their mark with this greedy bunch-a grifters.)
It was Nixon taking the US dollar off the gold standard that started it and then Reagan who put it in to top gear. Neither of them were "boomers".
A loaf of bread was 100 trillions Zimbabwe dollars, in 2008