SoFi's Liz Young Thomas says it's time to trim some gains in large caps
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- เผยแพร่เมื่อ 1 ส.ค. 2024
- Liz Young Thomas, SoFi, joins 'Closing Bell' to discuss the road to rate cuts and what investors what should start doing with their money. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/42d859g
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*Your explanations are clear and straight forward It's always a honor to have you here as a mentor, I appreciate you for the time being spent to educate us financially. Regardless of how bad it gets the economy, I still makeover $28K every single week. I truly value Laura, and her helpful guides.*
The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional.
I know Laura, she has really set the standard for others to follow, we love her here in the UK as she has been really helpful and changed lots of lives.
You're right! The very first time I tried, I invested $2000 and after a week, I received $8,400. That really helped us a lot to pay up our bills.
Interesting! But I'm new here. How can I get to this person's guidelines??
SHE IS ON TELEGRAMs
She has been bearish since she first appeared on tv
@@rdg7250 lol
Not surprised that the head of investment at sofi is bearish. Sofi been bearish for 2 years.
All these analysts are. They are always wrong.
DEI hire. Terrible, dumb and useless. Ignore her.
The next time she’s right will be the first.
No one can time the market. No one.
Agreed. So best to sell now instead of trying for the exact top
@@SigFigNewton the top may be 5 years and 1,000% away. What makes you think the top is near?
why not, I timed market in 2022. and in 2019.
2019 was a bull run year of about 22%. There was nothing to time. @@goforitsystems1890
@@michaelshih8163 optimism
Good economic news? Bullish!
Bad economic news? Mean rate cuts will come, which is bullish.
That’s the core of my wariness. High valuations combined with a sense that for months any news is twisted into bullish news in the minds of excited investors
I think Liz Young is a terrible forecaster but at the same time, there's way too many bulls in the comments. We need a 10-15% correction to keep a 30% correction at bay.
we need a 30% correction to keep a 50% correction at bay
I'm long so I will just hold my megas and add shares when they dip 5-10%
It will work until it doesn't
@tino1317 if holding mega caps long term somehow stops working, the world as we know it has come to an end and no one is safe. So that is the last thing I worry about in life.
@@tino1317 it'll always work. Tech always goes back up
Seriously why would anyone bet against the best companies with massive growth potential? I don’t get it.
I can’t believe they still have her, Adami, and Dan Nathan around. They don’t bring on Wilson. Why these fools?
She is probably right, anyways I believe both the short and long run, a bear and bullish market provides equal avenue to amass good gains I've seen people make 6figures profit as high as $200k in a bear market and I've seen them pull it off much easily in a bull market, it all comes down to having the right information and applying it.
..well politicians for certain are gaining off the crash, and true the average individual could profit off a crash but such high-grade investing come with equal risk which can only be managed by a proper pro or expert.
''
No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 2024....//
bravo! the whole markt has gone berserk now, almost not possible to outperform without expert guidance.. think your adviser would get on the phone with a newcomer??? i'm in dire need of proper portfolio allocation ?
" SUNITA SUZANNE BYG " is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment....
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.;;;
She needs to focus on bringing up that sofi price
Not her job
@@SigFigNewton what's her job? Interviews on NBC and keep trying to call the top? Why does sofi need her? They need to cut her to save money and bring up that eps.
As always the comments are right. She’s been so insanely wrong for so wrong it’s wild. I guess keep being bearish and it will one day be accurate
She doesn't understand basic finance. Embarrassing for CNBC trotts her out for diversity.
thanks, just increased my leverage longs
Luscious Liz......sleeveless. This. This can bring the world back.
She, Guy and Dan have been bears for two years
would have missed a ton if you listened to her, dan, and guy
Especially Dan.
Yes, they are terrible. If they manage peoples money, they won't for much longer.
3 stooges
20 years
This is a great quality interview. Super useful content! Thanks
Literally been bearish this whole time. Why is she still around
Her gender.
Noto fire liz
Another great video. Do you ever trade using economic reports as a guide to which way the market will go?
So keep buying thanks liz.
P.S
would.
I'm never selling LIZ!!
Because you don’t own her
@@SigFigNewton lol
A master of talking both sides of the street so you are always right
She is trimming her losses
What gains you got lady?
Focus on your company
Noto needs to add "Fire Liz" to his list of urgent items to get SOFI stock out of the dumpster fire of hell for 3 years now...
lol right Sofi 52 week lows she should be reevaluating her employer
wow Liz called it, IWM and RSP soaring today
Judging by the comments here, too many young people here never lived through a multi-year bear market.
Shes been bearish last 24 months. Yet the market is at record high.. blocked
I need Liz to go back to her desk AT SOFI, and focus on improving her companies stock. FFS!!
trim your gains and then what? Buy back at the exact time your crystal ball tells you to buy back in. Just buy and hold and when there is a dip buy more.
Liz Young has been totally wrong for years, been consistently and incorrectly bearish. At what point does she get held to account???
Who cares. If we get a cooler print we'll get a hard rally. She's just afraid to say "hard rally" on TV.
Yup….listening to her has lost a lot of people money…..she’s too cautious
Hold her to account in the future for this call.
Energy sector going to BOOM!
Liz looking good in red, hiya hun ;-)
Please sell so we can buy thanks 😂
Only thing she’s good at is looking easy on the eyes
I would do the opposite and add to big tech. They will go up 20% by year end.
Never sell the S&P
Far too convoluted an analysis to make sense. The smile gave it away, Liz.
Shes good at talking. Too bad shes been wrong for the whole past year
Why is she still in her job? Like jp morgan kalanovic she shud be fired as well else system is filled with such useless ppl
lol
I dont know what gains she is trimming when she sat out the entire run
her clients has no gains to trim yet they allow her on the show time and time again as a show piece
pretty to look at but nothing substantive or informative to offer.
i think Scot like her
I would trim my sofi but it never grows.
Got Nvda??
shes always so wrong ever since she came on tv nothing but wrong bear calls one after another
Here we go with Liz Young from the Peter Schiff school of economics.
All I know is at these ultra low prices, they are practically giving away tesla shares.
How bout Sofi Investors being decimated past 3 years!!!!!worst performer by far and now Short reports itd be nice IF SOFI MANAGEMENT ACTUALLY CARED
Sofi should replace her with Tom Lee as head of investment and my Sofi stock would be worth double
She's been wrong since 1980
once the earning coming in and matchup with current market valuation, everything will keep going... early bull cycle earning chase valuation
Today's market move proved she was right.
How is she the head of investment STRATEGY LOL. She has been bearish this whole bull run. Has she ever heard of you don't fight the tape. Missed the whole run...
She is the most useless on this show
No, that would be Carter Worth(less) and Cameron Dawson
They want you to sell, so they can buy low.
SoFi stock down 38.71% all time. Stfu haha
NO one can't time the market. These guys are just speculating that's all because they are on CNBC and have to say something 🤣🤣🤣
Can’t time it, best to sell without worrying whether it’s the exact top
Look at this silly bear. Underperformer.
Lmao !!
Why we should trust her when sofi is not doing well?
She's talking utter nonsense about trimming ..
I have no idea how she benefits sofi. Just more drag on their payroll
pres- trump, house- dems, senate- g.o.p.......dow jones 42,000 by 1/1, gold- $820
Why does she still employed? Shout have sold my Sofi stock many moons ago 😂
Sofi? Tanking stock, miss managed, and when the fed comes out with their digital coin in 5 years. POOF! No SoFi.
She might be right but she always a Bear
Way to over analyze so you can have a job and pretend to know what will happen. This kind of talk just encourages people to trade in and out of stocks. If you are years away from retirement why care about the gyrations of the market.
Listen to what she says and simply do the opposite 🙂
But Cramer says the opposite a couple hours later. Now what?
You will absolutely not get my NVDA, AMZN AAPL, MSFT, nor AVGO. Nice try lady. 😅
Why is this person even invited to give an opinion when Sofi’s stock is in the crapper?
When someone looks that good, they can say anything and the world will let them.