I feel one Of the greatest challenges is that we all tend to put our heads on one basket and unemployment has been at its high rate in this present administration
I think Coach Hilder trades for everyone I meet. I met her twice at a meeting in Connecticut and after her lectures from her. I had to personally ask her to be my financial advisor. she is definitely good.
The economic crisis and downturn are all the signs of 2008 market crash 2.0, so my question is do I still save in the US dollar or is it okay to move all emergency and savings to precious metals?
In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments. Nevertheless, seeking guidance from an investment planner might be necessary if you desire a more assertive return.
Investing in gold is a reliable choice, and I plan to keep buying more to make up for my losses. While silver is also a good investment, my collectibles are not as similar. It's important to have clear investment goals and educate yourself on the type of investment that interests you. I work with a financial consultant regulated by the SEC, and started small, but eventually accumulated over $800,000.
Great gains there! mind sharing details of your advisor please? i've started gaining more cash flow with my employment and looking at putting money into stocks and alternative assets that can help build wealth over time.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Marisa Michelle Litwinsky’’ for about two years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
I appreciate this. After curiously searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.
We will only see inflation on housing market due to supply issue but otherwise we won't see inflation in other sectors is my best guess, we don't have supply chain issues anymore
@@chriss4365If the fed didn't lower the interest rate to near zero, we would have a prolonged recession in 2020. You should be thanking these experts that they are at least trying to do something. If there was no fed, we would all be withdrawing our money from the banks, stock market and there would be all out chaos.
As an investment enthusiast, I'm intrigued by how top-tier investors manage to become millionaires through their investments. While I have a substantial amount of initial capital, I'm uncertain about the strategies and approaches necessary to achieve returns exceeding $400k, as some have done this season.
I agree, just because the market presents opportunities doesn't mean we should rush in headfirst. For this reason, we should look for appropriate market analysis or guidance or, alternatively, seek advice from certified market strategists.
Agreed! this is why I work with one. My $520k portfolio is well-matched for every market season yielding 85% rise from early last year to date. I and my advisor are working on more figures for this year. IMO, financial advisors are the most sought-after professionals after doctors.
Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks.
Sounds like a skeptical outlook on things then. With the rate cuts do you think it's best for us who are not conservative investors to focus on bonds or dividend stocks? I want to reallocate my 7-figure portfolio and I preferably want the assets with the best ROI.
Bonds are a safer bet. They offer good stable yields. But dividend stocks could make you a fortune if you know how to go about it. But it's always a good idea to work with a CFA. It streamline your strategy and help profit a lot.
I've been through the 'bonds are beating stocks' periods since the 90s with no bonds and with all aggressive stock mutual funds. At 66, my IRA and cash accounts are far more than I expected for my retirement. I can easily handle a worst-case 80% stock crash, Thanks to my CFA.
The recession scare is surreal and the market is really panicking at this moment and I'm worried what effect this frenzy could have on my portfolio of about 80k. Could you make any recommendations on how I could preserve my portfolio during this period and also make profit from the market situation?
I had a similar experience. A financial advisor could really help you re-adjust and identify blindspots that you yourself do not notice, like mine did in advising me during COVID on how the pandemic will shape things, and I made it out big and still make up to at least 20k in dividend per month.
My CFA ’’ Jessica Lee Horst, 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..
Risk is proportional to Yield. If the risk of the market has increased more than you are comfortable with then you can reduce your risk by reducing your expected yield. You can only increase profit if you increase risk. You can either take risk that the market will continue to go up and buy stocks, take risk that the market will go down and buy something like bonds or T Bills, or reduce risk and profit and balance across the two. Not advice.
I don’t think people realize that these prices are here to stay, and it’s gonna continue to be a struggle until wages catch up and God knows how long that will take.
Of 'if'. Inflation might stay ahead of wages, effectively, forever. We've borrowed so much against the future in theory, the future might be hear, and our debt holders are officially eating our lunch now.
I sold an apartment in Springfield and made about $250K. I was frustrated when I only earned $171 in interest from a regular savings account. After doing some research, I was advised to invest in stocks. Are these stocks a good point to start from?
While the stock market is promising and can give good ROI, expert guidance is essential for effective portfolio management so you don't get burnt out in the market as it is very volatile.
I opened an online high-yield savings account with 5.12863% interest compounded daily, expecting to get $2,500 in interest on my initial $50,000 at the end of the month. Instead, I only received $420. When I inquired, I was told the interest is calculated daily, which was not clearly stated on the website. My partner advised me to divert into stocks through an advisor, and in just six months, I achieved over 80% capital growth, excluding dividends. Highly recommended!
Pls how can i meet this advis0r? i want someone to help me invest my divorce settlement, It's just being laying around in the bank without much interest.
Celia Kathleen Martel is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment. She’s really good
Celia Kathleen Martel is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment. She’s really good
@@aromanmcse That has nothing to do with it. The problem besides HR choosing not to respond is also part of the ATS system that just scan resumes. If you are in HR would you want to look through 1,000+ resumes a day or let some ALG do it? And the sad thing is I graduate with 2 associates and 1 bachelor (June 2023).
I have a great job, but I’m always applying to see if I can land something better. I’ve been applying to jobs for a year and haven’t gotten a single interview. My skills are highly valuable and my resume is good imo. Jobs are posted and within an hour there’s a 100+ applicants… people are DESPERATE for work rn. If people are glued to their phones/computers to apply to the job listing that just came on, it means we’re not in a good place economically. I think we need to get rates down to 4.5-5% and just let them sit there for a while. We need a quick drop in rates, not a slow drop. Just get them down to where you want them and everyone will move on. Businesses will start hiring more and everything will eventually balance out. Prolonging the drop in rates will just put more pressure on the job market.
The labor market is horrible. I have applied for over 200 jobs in the last 2 months and not gotten even an interview. Already cut school shopping, kids sports and now trying to figure out how to pay the bills…
Interest rate cuts were anticipated to begin in June 2024 and were expected to take around 6-8 months to fully implement. A potential market downturn could unfold by March 2025. As the narrative of a soft landing gained traction, the likelihood of a major recession seemed to be diminishing. With $1 million from a business sale, I was actively seeking promising investment opportunities for the next three years.
The financial market is a reliable choice. Diversify your portfolio with I-bonds, stocks (ETFs, REITs, dividend-paying stocks), and bitcoin. Given your budget, I recommend hiring a fiduciary to ensure you receive professional insights for a fee.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
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.!!
REBECCA NASSAR DUNNE is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
This year I have experienced more gains than losses in the crypto/stock market, thanks to some knowledge I acquired from my financial advisor. I have managed to flip the market.
I totally understand, i have seen this too, but before working with anyone you need to do your research, possibly meet them in person, my financial adviser is Gabriel Alberto William , he is not just a broker, he is a financial adviser that gives advice on any financial matters not just on stocks or crypto.
The Federal Reserve is aware. They have no intention of combating inflation. They will not stop inflating, and commodities and stocks will rise in tandem with everything else. You can't merely hoard cash and wait for the market to crash; instead, you need to make your money work for you by starting small and accelerating your purchases as the market continues to decline.
It's a fact that recessions are a natural occurrence in the economic cycle, and the best approach is to ensure you're ready for them and have a proper plan in place. As someone who entered the workforce during a recession (2009), I experienced the direct effects of inflation and discovered the importance of generating increased passive income to counter it
Experienced long-term investors are aware that the market and economy have a tendency to bounce back over time, and it's wise for investors to be prepared for such a recovery. Speaking from my own experience, I continue to invest heavily in this volatile market and have achieved significant gains - my portfolio is presently up by 60%. For now, I'll keep a watchful eye on the situation and gradually invest in more stocks as opportunities arise
How did you achieve it? I been trying to stick with index funds. I feel this new interest rates hikes could crash this economy. I'm looking out for a better investing strategy, I have a lump sum that inflation is steady eating up
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with "Sharon Ann Meny" for the last five years or so, and her returns have been pretty much amazing
I appreciate you sharing this. When I looked up the woman you named and read through her credentials, it was obvious that she was a complete professional. I just need her to respond to the message I wrote her.
Isnt this funny? Everything depends on it: From buying your new iPhone with a credit, to the stability of governments and yet nobody has any certainty.
I would too. But low interest rates really aren't good for the economy in the long term. They create asset bubbles and encourage speculation. Read The Price of Time by Edward Chancellor for more insight and enlightenment into this topic.
We will probably get there next month. August dropped from 2.9 to 2.5. Oil and energy continue to fall and the rate cut takes months to affect the economy. I say the next CPI is 2.1 or 2.2. Canada is already at 2.
The rising interest rate can surely control inflation, but won't prevent erosion of the eroding purchasing power of the US dollar. I have learnt my lesson this time. The banks can't be making money off my money, while inflation eats into it. I have set aside 650k to invest in the stock market now, since that keeps up with inflation, but I don't know how to get started.
Financial consultants can help by recommending investments that outpace inflation, such as real estate or certain stocks. A client of mine followed this strategy and saw their savings grow by 15_% in just two years, effectively countering inflation.
Zachery M Demers is the licensed FA I work with, I can't speak much about him you should make a search with his name, you'd find the necessary details to schedule an appointment.>
It's quite simple why rates are climbing with rising imports and falling exports, the FED is obviously to be blamed for banking crisis. Something will eventually break if they keep the quantitative tightening and higher interest rates. Is this really a good time to have some savings in stocks?
first austerity, then brexit, now widespread bank failures. .always do your own research & speak to a license advisor before thinking about putting your money into these crazy markets
Exactly, most youtubers said the market would be fine few months back, but it's been a major downturn. Luckily, since the rona-outbreak in 2020, I've avoided the drawback of trial and error by simply following professional guidance. I'm semi-retd and work only 7.5 hours weekly, with nearly $1m ROI after subsequent investments to date.
The Fed's interest rate cut leaves me pondering what stocks to buy now and when do I sell? I'm unsure how to properly allocate my money to achieve an optimal portfolio in this present economy, my goal is huge for retirement.
Navigating market volatility can be challenging, it might be beneficial consulting with an advisor to provide personalised insights based on your specific situation and financial position
I’ve been through the 'bonds are beating stocks' periods since the 90s with no bonds and with all aggressive stock mutual funds. At 56, my IRA and cash accounts are far more than I expected for my retirement. I can easily handle a worst-case 80% stock crash, Thanks to my advisor.
My CFA Melissa Terri Swayne, 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.
I've been an investor in Apple because I strongly believe in the company. I've always believed in the stock, but now I don't know whether to re-distribute my portfolio and put some money in Nvidia. especially now that we are experiencing a market correction.
I've got similar problems and I have also considered using an FA but I don't know how to go about it. Please, what are the steps for getting one? Like a really good one.
He has done very well. He had to deal with the record amount of money dumped into the system. The American Rescue Plan did exactly the opposite for Americans by devaluing the dollar and accelerating inflation to unsustainable levels that have done permanent damage.
That has nothing to do with whether or not the Fed should cut rates. The current rate of inflation (specifically CPI and PCE, which is a hair under 3% and trending downward) combined with some other variables (unemployment rate, PPI, etc.) are what determine that. Inflation is nearly where it should be, about 2%, and adjustments to the Fed funds rate have a delayed effect, so they don't want to wait until inflation hits 2% to cut - by then it's too late and we would be headed into a recession. They're right to cut now, and to cut aggressively (I expected 25 basis points but was pleasantly surprised to hear it would be 50, which I think is the right call).
Are you in crazy debt or something?I'm living on 1300 a month in Hawaii.What are you talking about?What are you spending money on?Maybe you're spending beyond your means.Could it be your fault
Scary!! I am loaded with high risk stock, and keep loading deeper and deeper! started with $35k made profit up to $46k and have lost it below $30k, my intentions are to add more capital, but really need some guidance before I lose it all
I would advise the counsel of a seasoned financial pro. It may seem expensive, but as the old saying goes - "you get what you pay for" "Expert solutions require Expert providers" - my mantra
Agreed, opting for financial advise can be a wonderful resource for getting your finances in order. At first-hand, I average 4 figure/month in dividends and my overall ROI just hit $550k. I only have 30 or so stocks with more of my investments in digital assets.
I've worked in real estate for over 25 years and have neglected a major stock portfolio, however I need a different plan now.. mind if I look up the professional guiding you please?
Some experts think rate cuts would boost certain industries, while others warn it will increase concerns. I'm reviewing my $600K portfolio allocations and I'm curious about strategies to respond to these potential sector impacts.
Increase exposure to interest rate-sensitive sectors like REITs and utilities, and maintain or slightly increase holdings in growth sectors like technology and consumer discretionary. For tailored advice, consider consulting a financial advisor.
Accurate asset allocation is crucial, and some individuals use hedging strategies or allocate part of their portfolio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay financially secure for over five years, yielding nearly $1 million in returns on investments.
1. stop corporations buying homes 2. more homes for people in apartments to move into 3. more homes = lower prices 4. apartments become cheaper as more people buy homes 5. people have more money to spend 6. people spend their excess income 7. employers need more employees to handle the increased business 8. more people with jobs buying things
I would never pay another mortgage in America! The oligarchs will never allow anyone to pay off their mortgage and own their home! America is now a communist socialist corrupt country. Don't forget 2008! Then 2020. If you can't pay your mortgage off in 5 years, you will be foreclosed on! Listen to what was said about lay-offs! The oligarchs own the businesses and the banks! That means you will never own anything!
My wife is already panicking, so many questions! will the rate cut lead to inflation? I'm very worried about my $1million stock portfolio losing value. What strategies should I be employing in my portfolio right now?
Knowledgeable Investors know where and how to put money in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage market conditions.
From what I’ve experienced, the inflation rate in recent 2 yrs is greater than what the gov’t reported: my grocery bill has increased 30% & shows no sign of slowing down. I used to buy grocery without needing to look at prices. Now, I look at the weekly sales online before I head out to shop. How’s this fed. rate cut going to help? I believe that there’s a great deal of price-gouging going on since the pandemic; there should be a crackdown on this. About the job market - I still see many hiring signs posted on businesses. And, my employer’s still hiring & has just increased referral bonuses. So, I think the job market is Ok, at least in my area (Northeast).
The wisest thing that should be on everyone's mind currently should be to invest in different streams of income that don't depend on the government. Especially with the current economic crisis around the world. This is still a good time to invest in gold, silver, and digital currencies (BTC, ETH...)
I began investing in stocks and Def earlier this year, and it is the best choice I've ever made. My portfolio is rounding up to almost a million and I have realized that when a stock makes it to the news, chances are you're quite late to the party, the idea is to get in early on blue chips before it becomes public. There are lots of life changing opportunities in the market, and maximize it.
Huge! Been trying to trade on my own for a while now, but it isn’t going well. few weeks ago I lost about $70,000 in the trade. Can you please at least advise me on what to do?
I think theyve done an amazing job, they just need to pause and view the new job hiring rates and then decide about the next reduction, it's a good approach they can just sit and wait and watch the numbers and tweak accordingly. Even after this big cut rates are still definitely high and the current high rate will still have a slow down effect
At first I thought you were trying to do a Haiku, I had to remember my elementary school days 😂 Then I realized, balance the budget? It’s just some sheer mental illness poem at that point
The rate cuts are perplexing, especially considering the persistent high cost of living. For example, a dozen eggs still cost a ridiculous $6. It seems like the perception of inflation being under control is out of touch with reality
Fighting inflation isn’t about prices going down, it’s about slowing the rate at which prices increase. Prices aren’t going back down and you don’t want them to. Because that deflation will mean a recession.
Not sure whether Americans (in their little insular world) that THIS SAME THING IS PLAYING OUT IN EVERY OTHER COUNTRY ON THE PLANET! Eggs are $11 where I live. 2 years ago they were $3.50-$4 And gas... is $9 a gallon... is that what you are paying?
In 1971, Nixon stabilized prices by issuing an executive order that wages and prices were not to be raised for 90days. Whenever I hear the FED say, I wish there was another way to handle this I'm like, there is?
This is why there should be no fed controlling our financial destiny, determining when there will be a recession and thinking they can control how many people will be hurt when it should not be a government edict that does such a thing the first place.
Exactly, it’s a shame what these mega bankers have done to the economy. It’s all a facade. Fiat money has always led to the destruction of nations. Every time.
I like how Jerome Powell openly admits there was no science or math or any type of real process behind these decisions. That's really comforting. "We thought about what to do and we concluded this is the best course" Anyone can be a fed chair, just be old.
Honestly, this situation makes me uneasy, especially with the Fed cutting interest rates by 50 bps. It's a sign of deeper economic concerns, and I'm unsure about my $130K investment strategy given the potential for not just a recession but possibly a depression.
I agree. Even with great opportunities, we should proceed cautiously. Seeking market analysis or advice from certified market strategists is important.
Absolutely, having a solid plan is crucial. My portfolio has doubled since early last year. My financial advisor and I are working towards a seven-figure goal, though it might take until Q3 2024.
'Sharon Ann Meny' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
I'm no economist, but messing with interest rates seems like such a blunt tool to deal with inflation and unemployment. And I'm guessing that the people most negatively impacted are in the lower income bands. 🤔
I think is because low interest rate will be very beneficial for those with asset and stocks investment.. most lower income people don't have assets or stocks
@@heatherm2428This is 100% true no matter which aisle of the fence that your on. The good thing, is that Id rather be poor in America than poor in Guatemala, Haiti, Venezuela, or Cuba.
The real reason why the FED raised the interest rate and kept this rate at sky high is to let money from all over the world flow to the US. Simply explained, put foreign money in US banks and one earns higher interests. In return this money went into US stocks and US property. That's why the US stock prices have been so high recently (Sept 2024). Beside, by raising interest rate, foreign companies which have high dollar-dominated debt have been in serious troubles in the last one to two years. That's why the GDP of so many countries has been underperforming to the US GDP. Resulting the US as the best of the worst! But this game can't be played without limit by the US. Somehow the US will face the reality. Lower company earnings, low consumer spending, and no job growth. These things really matter. Some large US companies have been cutting jobs in large numbers very recently. When the FED needs to cut rate, money will flow out of the US. That's may why the US have been keeping the interest rate high for so long. It's a US Money Game at the highest level only. US can play this game because of the Dollar as safe haven. At least for now.
What's missing in this report? Spending. Interest rates and employment won't mean a hill of beans until government spending is cut. That's the only way to increase jobs and stimulate industry and consumer spending.
@@NeoEngineCorp Yeah let's have everyone work for the government 35.5 trillion $ in the hole and give them all a million dollars too! Economic problems solved!
The Fed needs to think the rates affect 6 to 9 months out.. this drop, is probably about a perfect place to start. Corporations are the source of inflation. The only tool in the box to slow demand, thus the incentive to raise prices, is make it more expensive for consumers to borrow. Credit card defaults and delinquencies are rapidly increasing. Housing affordability is well beyond the reach of the median wage earner. Millennials are in their prime house buying phase, and greed at multiple levels is locking them out of their dreams. Multiple levels of fixes are needed, and a interest rate reduction is just one of them.
Dont get confused, this resession is already here, and is not a unemployment Resession, is a debt crisis, liquidity crisis, and bank crisis, just look the unrealized bank loses and you can figure it how big this will be, 2008 will be a playground.
There’s NEVER not been a recession after rate hikes like this and the insane inversion of the yield curve. To think “this time is different” is delusional beyond degrees of mental asylum.
those new jobs they are counting are part time and 2nd jobs for people. There really isn't any real job growth. Layoffs are massive and continuing which is why so many are now working two part time jobs and the powers that be count that as job growth.
I always enjoyed my job and never saw it as just a 'daily grind.' I had a lot of freedom and flexibility back then. But since retiring, it’s been a different story. Every time I make a withdrawal, I can’t help but notice how hard it is to bounce back, especially with inflation creeping in and sequence of returns risk hanging over my head. It’s hard not to worry about running out of savings. this is how things have felt for me, though I know everyone’s situation is different
I’m nearing retirement myself, and I had similar concerns. I started investing later than most, and just relying on ETF compounding wasn’t cutting it for me. After working with a financial advisor, I managed to restructure my investments and am now on track to retire with around $5 million. If I hadn’t sought advice, I doubt I’d be as confident in my plan right now
I’m in a similar boat, trying to figure out the best approach for my portfolio. How did you find your advisor? I feel like I need that kind of guidance
I usually steer clear of recommending specific people because financial needs are so personal. But I can say that working with Emily Ava Milligan has made a world of difference for me. I noticed her strategies are tailored to fit personal goals and make sense for different needs. It might be worth exploring to see if her approach resonates with you.
Big Corporate controls supply and demand,as well as hiring practices.It’s a vicious cycle that will never end,unless the economy collapses then they’ll look to the government for bailouts such is the way of the economy we live by.
I think we don't need so many economics correspondents for our job market. Can we start by firing them or reducing their salaries if we need to lay off employees?
The graph at 4:39 is misleading. Despite earlier on mentioning that we started at basically 0, that graph starts at 4, to make it look like a steeper cut than it is in reality. It makes it look like we are cutting 1/3 of the total possible distance.
@@donttalkcrap everyone thinks they got a magic solution, but the reserve is beyond political party squabble they're genuinely doing their best. I hope some see that.
I still paid $29 for a Amazon can opener. I tried to get in the store but bought junk. But for just the opener $20. In the last depression that was 2 weeks salary for example.
the graph and the voice over saying that prices rose 7% and then went down is not true. Prices didn't go down, inflation did. But inflation is the measure of the rate of change of prices. We would need to have negattive inflation for the prices to go down. This didn't happen (thank god).
Shorters kept spreading fake analogy on fed cuts 50bps due to urgency. Fed already mentioned it's decisions is due to not lagging behind as they did not cut 25bps on July.
A Fed rate cut typically lowers borrowing costs, which can boost the stock market. For new investors, it may create opportunities but also volatility-so, balance risk with research and caution, which is why it is important to start with a professional's guidance
You are not getting it! The economy is plummeting and the interest rates is going down because of Deflation. Troubling signs in the automotive industry in Germany …
The first 2 years of a new administration is the economy of the old one. It is the lagging rates continuing until the president's proposals takes effect.
Under the free-market orthodoxy that followed Nixon floating the dollar, we have all being asked, effectively, to accept that “the market” is a self-regulating system, with the rising and falling of prices akin to a force of nature, and simultaneously to ignore the fact that, in the business pages, it is simply assumed that markets rise and fall mainly in anticipation of, or reaction to, decisions regarding interest rates by Alan Greenspan, or Ben Bernanke, or whoever is currently the chairman of the Federal Reserve.
1. Powell waited too long to raise rates. 2. Trump poorly negotiated the OPEC deal that kept prices high. 3. Republicans gave institutional real estate investors too many incentives to buy up single family homes during an inventory shortage (what could possibly go wrong). 4. Consumers kept buying as retail inflation outpaced cost inflation. They should have immediately cut back on discretionary spending. 5. They're eating the dogs and the cats of the people who live there.
Read more about the Fed’s decision to cut rates by half percentage point: on.wsj.com/3TCeZSy
I feel one Of the greatest challenges is that we all tend to put our heads on one basket and unemployment has been at its high rate in this present administration
Can y’all share your portfolio going into the month of October related to Crypto/ Forex investment. I’d love to trade mine with an expert.
I think Coach Hilder trades for everyone I meet. I met her twice at a meeting in Connecticut and after her lectures from her. I had to personally ask her to be my financial advisor. she is definitely good.
Coach Hilder is definitely the best so far. she always surprises me with amazing results.. We also plan to surprise her. You must have heard of it.
It's amazing that you all got to know her. she has been a blessing in the crypto space.
The economic crisis and downturn are all the signs of 2008 market crash 2.0, so my question is do I still save in the US dollar or is it okay to move all emergency and savings to precious metals?
In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments. Nevertheless, seeking guidance from an investment planner might be necessary if you desire a more assertive return.
Investing in gold is a reliable choice, and I plan to keep buying more to make up for my losses. While silver is also a good investment, my collectibles are not as similar. It's important to have clear investment goals and educate yourself on the type of investment that interests you. I work with a financial consultant regulated by the SEC, and started small, but eventually accumulated over $800,000.
Great gains there! mind sharing details of your advisor please? i've started gaining more cash flow with my employment and looking at putting money into stocks and alternative assets that can help build wealth over time.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Marisa Michelle Litwinsky’’ for about two years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
I appreciate this. After curiously searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.
ban corporations from buying single family homes!!!!!
This needs to be retweeted
@@theintellect5004this isn’t twitter
Then who will build single family homes?
@@cisium1184families
@@cisium1184my uncles homie!
When the FED raises rates: "RECESSION!"
When the FED lowers rates: "RECESSION!"
move along
Yes!
Onward
😂😂😂
Fear over everything....I'm just trying to time my move into a new house in late spring early summer lol
Recession was already priced into small caps
If they manage to cut rates significantly without causing a recession or a another inflation crisis in the short term, I'll be truly impressed.
Of course they will, it's an election year. They want Harris to win. She will save the country from a recession!
We will only see inflation on housing market due to supply issue but otherwise we won't see inflation in other sectors is my best guess, we don't have supply chain issues anymore
They never have. They caused this mess. Insanity that the thing that caused the problem is the solution.
@@chriss4365someone does not understand the complexity of macroeconomics
@@chriss4365If the fed didn't lower the interest rate to near zero, we would have a prolonged recession in 2020. You should be thanking these experts that they are at least trying to do something. If there was no fed, we would all be withdrawing our money from the banks, stock market and there would be all out chaos.
As an investment enthusiast, I'm intrigued by how top-tier investors manage to become millionaires through their investments. While I have a substantial amount of initial capital, I'm uncertain about the strategies and approaches necessary to achieve returns exceeding $400k, as some have done this season.
I agree, just because the market presents opportunities doesn't mean we should rush in headfirst. For this reason, we should look for appropriate market analysis or guidance or, alternatively, seek advice from certified market strategists.
Agreed! this is why I work with one. My $520k portfolio is well-matched for every market season yielding 85% rise from early last year to date. I and my advisor are working on more figures for this year. IMO, financial advisors are the most sought-after professionals after doctors.
how can I get your advisor please, if you don't mind me asking? I could really use a help as of now.
Her name is 'BONITA JEANETTE RODRIGUEZ’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks.
Sounds like a skeptical outlook on things then. With the rate cuts do you think it's best for us who are not conservative investors to focus on bonds or dividend stocks? I want to reallocate my 7-figure portfolio and I preferably want the assets with the best ROI.
Bonds are a safer bet. They offer good stable yields. But dividend stocks could make you a fortune if you know how to go about it. But it's always a good idea to work with a CFA. It streamline your strategy and help profit a lot.
Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased.
I've been through the 'bonds are beating stocks' periods since the 90s with no bonds and with all aggressive stock mutual funds.
At 66, my IRA and cash accounts are far more than I expected for my retirement. I can easily handle a worst-case 80% stock crash, Thanks to my CFA.
I could really use the expertise of this advsors
Jennifer Leigh Hickman is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
The recession scare is surreal and the market is really panicking at this moment and I'm worried what effect this frenzy could have on my portfolio of about 80k. Could you make any recommendations on how I could preserve my portfolio during this period and also make profit from the market situation?
I had a similar experience. A financial advisor could really help you re-adjust and identify blindspots that you yourself do not notice, like mine did in advising me during COVID on how the pandemic will shape things, and I made it out big and still make up to at least 20k in dividend per month.
Wow, that's incredible. Could you recommend who you work with? I really could use some help at this moment please.
My CFA ’’ Jessica Lee Horst, 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..
Stupid advertising. Just stop
Risk is proportional to Yield. If the risk of the market has increased more than you are comfortable with then you can reduce your risk by reducing your expected yield.
You can only increase profit if you increase risk. You can either take risk that the market will continue to go up and buy stocks, take risk that the market will go down and buy something like bonds or T Bills, or reduce risk and profit and balance across the two. Not advice.
I don’t think people realize that these prices are here to stay, and it’s gonna continue to be a struggle until wages catch up and God knows how long that will take.
Of 'if'. Inflation might stay ahead of wages, effectively, forever. We've borrowed so much against the future in theory, the future might be hear, and our debt holders are officially eating our lunch now.
@@ryaandnice Our biggest debt holder is ourselves. Look it up.
you are correct.
If Harris has another 4 years then it won’t
@@Toby_Flenderson_1982 china and Japan each own about $1 trillion in US US bonds so I’m not sure what you’re talking about
I sold an apartment in Springfield and made about $250K. I was frustrated when I only earned $171 in interest from a regular savings account. After doing some research, I was advised to invest in stocks. Are these stocks a good point to start from?
While the stock market is promising and can give good ROI, expert guidance is essential for effective portfolio management so you don't get burnt out in the market as it is very volatile.
I opened an online high-yield savings account with 5.12863% interest compounded daily, expecting to get $2,500 in interest on my initial $50,000 at the end of the month. Instead, I only received $420. When I inquired, I was told the interest is calculated daily, which was not clearly stated on the website. My partner advised me to divert into stocks through an advisor, and in just six months, I achieved over 80% capital growth, excluding dividends. Highly recommended!
Pls how can i meet this advis0r? i want someone to help me invest my divorce settlement, It's just being laying around in the bank without much interest.
Celia Kathleen Martel is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment. She’s really good
Celia Kathleen Martel is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment. She’s really good
Those jobs aren't there. I keep on applying to where you don't know if HR will even respond at all.
This a fact
Time to up your skills game so you can be in higher demand
@@aromanmcse That has nothing to do with it. The problem besides HR choosing not to respond is also part of the ATS system that just scan resumes. If you are in HR would you want to look through 1,000+ resumes a day or let some ALG do it?
And the sad thing is I graduate with 2 associates and 1 bachelor (June 2023).
I have a great job, but I’m always applying to see if I can land something better. I’ve been applying to jobs for a year and haven’t gotten a single interview. My skills are highly valuable and my resume is good imo. Jobs are posted and within an hour there’s a 100+ applicants… people are DESPERATE for work rn. If people are glued to their phones/computers to apply to the job listing that just came on, it means we’re not in a good place economically.
I think we need to get rates down to 4.5-5% and just let them sit there for a while. We need a quick drop in rates, not a slow drop. Just get them down to where you want them and everyone will move on. Businesses will start hiring more and everything will eventually balance out. Prolonging the drop in rates will just put more pressure on the job market.
@@FireyCamwhat’s your degree
The labor market is horrible. I have applied for over 200 jobs in the last 2 months and not gotten even an interview. Already cut school shopping, kids sports and now trying to figure out how to pay the bills…
Yes, same here, the job market is awful. I am sorry but I wish you luck in your search 🙏
Interest rate cuts were anticipated to begin in June 2024 and were expected to take around 6-8 months to fully implement. A potential market downturn could unfold by March 2025. As the narrative of a soft landing gained traction, the likelihood of a major recession seemed to be diminishing. With $1 million from a business sale, I was actively seeking promising investment opportunities for the next three years.
The financial market is a reliable choice. Diversify your portfolio with I-bonds, stocks (ETFs, REITs, dividend-paying stocks), and bitcoin. Given your budget, I recommend hiring a fiduciary to ensure you receive professional insights for a fee.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
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.!!
REBECCA NASSAR DUNNE is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
I searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you
This year I have experienced more gains than losses in the crypto/stock market, thanks to some knowledge I acquired from my financial advisor. I have managed to flip the market.
I have seen something like this on countless videos and i find it misleading. I do not trust most advisors as the last time I did, it didn't end well.
I totally understand, i have seen this too, but before working with anyone you need to do your research, possibly meet them in person, my financial adviser is Gabriel Alberto William , he is not just a broker, he is a financial adviser that gives advice on any financial matters not just on stocks or crypto.
Okay, how do I get in touch with him?
look him name up online, please do your research, he is very good at what he does and has been in various financial market interviews
I watch this channel for these informative videos. Thank you WSJ.
The Federal Reserve is aware. They have no intention of combating inflation. They will not stop inflating, and commodities and stocks will rise in tandem with everything else. You can't merely hoard cash and wait for the market to crash; instead, you need to make your money work for you by starting small and accelerating your purchases as the market continues to decline.
It's a fact that recessions are a natural occurrence in the economic cycle, and the best approach is to ensure you're ready for them and have a proper plan in place. As someone who entered the workforce during a recession (2009), I experienced the direct effects of inflation and discovered the importance of generating increased passive income to counter it
Experienced long-term investors are aware that the market and economy have a tendency to bounce back over time, and it's wise for investors to be prepared for such a recovery. Speaking from my own experience, I continue to invest heavily in this volatile market and have achieved significant gains - my portfolio is presently up by 60%. For now, I'll keep a watchful eye on the situation and gradually invest in more stocks as opportunities arise
How did you achieve it? I been trying to stick with index funds. I feel this new interest rates hikes could crash this economy. I'm looking out for a better investing strategy, I have a lump sum that inflation is steady eating up
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with "Sharon Ann Meny" for the last five years or so, and her returns have been pretty much amazing
I appreciate you sharing this. When I looked up the woman you named and read through her credentials, it was obvious that she was a complete professional. I just need her to respond to the message I wrote her.
In other words nobody knows what to do. It's all guesswork.
Isnt this funny? Everything depends on it: From buying your new iPhone with a credit, to the stability of governments and yet nobody has any certainty.
Always has been
Always will be…
But at least we have better idea, on what if, what if
Or whatever you do not everyone is happy.
No, not at all, you just don't understand and want to pretend otherwise.
I prefer the slow and steady route back down to 2%.
I would too. But low interest rates really aren't good for the economy in the long term. They create asset bubbles and encourage speculation.
Read The Price of Time by Edward Chancellor for more insight and enlightenment into this topic.
Back Down to 2%
We will probably get there next month. August dropped from 2.9 to 2.5. Oil and energy continue to fall and the rate cut takes months to affect the economy. I say the next CPI is 2.1 or 2.2. Canada is already at 2.
But how would they help Harris get elected,
The inflation numbers they used don’t include gas, housing or food.
There are plenty of ways to take money out of the system apart from raising rates. But Congress would have to do it, so yeah, not possible.
That pic of JPow in that graph was very helpful, thank you
The rising interest rate can surely control inflation, but won't prevent erosion of the eroding purchasing power of the US dollar. I have learnt my lesson this time. The banks can't be making money off my money, while inflation eats into it. I have set aside 650k to invest in the stock market now, since that keeps up with inflation, but I don't know how to get started.
Financial consultants can help by recommending investments that outpace inflation, such as real estate or certain stocks. A client of mine followed this strategy and saw their savings grow by 15_% in just two years, effectively countering inflation.
That makes sense. Unlike us, you seem to have the market figured out. Who is your fiduciary?
Zachery M Demers is the licensed FA I work with, I can't speak much about him you should make a search with his name, you'd find the necessary details to schedule an appointment.>
SCAMMER^
It's quite simple why rates are climbing with rising imports and falling exports, the FED is obviously to be blamed for banking crisis. Something will eventually break if they keep the quantitative tightening and higher interest rates. Is this really a good time to have some savings in stocks?
first austerity, then brexit, now widespread bank failures. .always do your own research & speak to a license advisor before thinking about putting your money into these crazy markets
Exactly, most youtubers said the market would be fine few months back, but it's been a major downturn. Luckily, since the rona-outbreak in 2020, I've avoided the drawback of trial and error by simply following professional guidance. I'm semi-retd and work only 7.5 hours weekly, with nearly $1m ROI after subsequent investments to date.
this is incredible! how can I vet your advisor, mind sharing info, if you please?
Rebecca Nassar Dunne is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
The Fed's interest rate cut leaves me pondering what stocks to buy now and when do I sell? I'm unsure how to properly allocate my money to achieve an optimal portfolio in this present economy, my goal is huge for retirement.
Navigating market volatility can be challenging, it might be beneficial consulting with an advisor to provide personalised insights based on your specific situation and financial position
I’ve been through the 'bonds are beating stocks' periods since the 90s with no bonds and with all aggressive stock mutual funds.
At 56, my IRA and cash accounts are far more than I expected for my retirement. I can easily handle a worst-case 80% stock crash, Thanks to my advisor.
impressive gains! how can I get your advlsor please, if you dont mind me asking? I could really use a help as of now
My CFA Melissa Terri Swayne, 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.
Just ran an online search on her name and came across her website; pretty well educated. thank you for sharing.
I've been an investor in Apple because I strongly believe in the company. I've always believed in the stock, but now I don't know whether to re-distribute my portfolio and put some money in Nvidia. especially now that we are experiencing a market correction.
I've got similar problems and I have also considered using an FA but I don't know how to go about it. Please, what are the steps for getting one? Like a really good one.
I believe Jerome Powell has been extraordinarily good at his job.
He has done very well. He had to deal with the record amount of money dumped into the system. The American Rescue Plan did exactly the opposite for Americans by devaluing the dollar and accelerating inflation to unsustainable levels that have done permanent damage.
@@Gadgettimedon’t forget to mention the 4.3 trillion Harris spent
Fed is not the problem. Almost all American income goes to rent/morgage!!! Not going out that much anymore and spend on uselsss thing
Everything is still too expensive
That has nothing to do with whether or not the Fed should cut rates. The current rate of inflation (specifically CPI and PCE, which is a hair under 3% and trending downward) combined with some other variables (unemployment rate, PPI, etc.) are what determine that. Inflation is nearly where it should be, about 2%, and adjustments to the Fed funds rate have a delayed effect, so they don't want to wait until inflation hits 2% to cut - by then it's too late and we would be headed into a recession. They're right to cut now, and to cut aggressively (I expected 25 basis points but was pleasantly surprised to hear it would be 50, which I think is the right call).
Are you in crazy debt or something?I'm living on 1300 a month in Hawaii.What are you talking about?What are you spending money on?Maybe you're spending beyond your means.Could it be your fault
announcement was made like 2 hours ago pal
@alysononoahu8702 my rent is 1300 a month and that's cheap.
Yeah, it's still expensive.
Scary!! I am loaded with high risk stock, and keep loading deeper and deeper! started with $35k made profit up to $46k and have lost it below $30k, my intentions are to add more capital, but really need some guidance before I lose it all
I would advise the counsel of a seasoned financial pro. It may seem expensive, but as the old saying goes - "you get what you pay for" "Expert solutions require Expert providers" - my mantra
Agreed, opting for financial advise can be a wonderful resource for getting your finances in order. At first-hand, I average 4 figure/month in dividends and my overall ROI just hit $550k. I only have 30 or so stocks with more of my investments in digital assets.
I've worked in real estate for over 25 years and have neglected a major stock portfolio, however I need a different plan now.. mind if I look up the professional guiding you please?
Carol Vivian Constable is the licensed advisor I use. Just research the name. You’d find necessary details to work with and set up an appointment.
Thank you for the recommendation. I'll send her an email, and I hope I'm able to reach her.
Some experts think rate cuts would boost certain industries, while others warn it will increase concerns. I'm reviewing my $600K portfolio allocations and I'm curious about strategies to respond to these potential sector impacts.
Increase exposure to interest rate-sensitive sectors like REITs and utilities, and maintain or slightly increase holdings in growth sectors like technology and consumer discretionary. For tailored advice, consider consulting a financial advisor.
Accurate asset allocation is crucial, and some individuals use hedging strategies or allocate part of their portfolio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay financially secure for over five years, yielding nearly $1 million in returns on investments.
I could really use the expertise of this advsors
*Marissa Lynn Babula* is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Searched the web and saw her profile and accreditations, someone with great experience I must say, thanks!
Such an old school way of thinking. Its been a half recession for 2 years.
1. stop corporations buying homes
2. more homes for people in apartments to move into
3. more homes = lower prices
4. apartments become cheaper as more people buy homes
5. people have more money to spend
6. people spend their excess income
7. employers need more employees to handle the increased business
8. more people with jobs buying things
Banks will hate that.
Not everybody can or should own a home.
I would never pay another mortgage in America! The oligarchs will never allow anyone to pay off their mortgage and own their home! America is now a communist socialist corrupt country.
Don't forget 2008! Then 2020. If you can't pay your mortgage off in 5 years, you will be foreclosed on! Listen to what was said about lay-offs! The oligarchs own the businesses and the banks! That means you will never own anything!
@@desiretoexcel6078 where does it say that?
That jump from 1 to 2 makes no sense.
Thank you Wall Street for always being politically unbiased. This is why I bought a subscription. You’re the only news source I trust.
Wish the Fed was.....
Lol
Was that sarcasm
My wife is already panicking, so many questions! will the rate cut lead to inflation? I'm very worried about my $1million stock portfolio losing value. What strategies should I be employing in my portfolio right now?
Knowledgeable Investors know where and how to put money in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage market conditions.
hate these bots
From what I’ve experienced, the inflation rate in recent 2 yrs is greater than what the gov’t reported: my grocery bill has increased 30% & shows no sign of slowing down. I used to buy grocery without needing to look at prices. Now, I look at the weekly sales online before I head out to shop. How’s this fed. rate cut going to help? I believe that there’s a great deal of price-gouging going on since the pandemic; there should be a crackdown on this.
About the job market - I still see many hiring signs posted on businesses. And, my employer’s still hiring & has just increased referral bonuses. So, I think the job market is Ok, at least in my area (Northeast).
*Nothing to get in front of if you really don’t think there’s anything ahead of you. They know trouble is coming.*
The wisest thing that should be on everyone's mind currently should be to invest in different streams of income that don't depend on the government. Especially with the current economic crisis around the world. This is still a good time to invest in gold, silver, and digital currencies (BTC, ETH...)
I began investing in stocks and Def earlier this year, and it is the best choice I've ever made. My portfolio is rounding up to almost a million and I have realized that when a stock makes it to the news, chances are you're quite late to the party, the idea is to get in early on blue chips before it becomes public. There are lots of life changing opportunities in the market, and maximize it.
What opportunities are there in the market, and how do I profit from it?
You can make a lot of money from the
market regardless of whether it strengthens or crashes. The key is to be well positioned.
I would really like to know how this actually works.
All you need is a good capital and the
service of a professional broker, with those your investment will most certainly produce high yields.
Praise to God Almighty!!!! I’m favoured financially with Bitcoin ETFs,.$90,700 biweekly profit regardless of how bad it gets on the economy
Huge! Been trying to trade on my own for a while now, but it isn’t going well. few weeks ago I lost about $70,000 in the trade. Can you please at least advise me on what to do?
Well, It's all thanks to Robert Marion
Curious to see what this does to Housing prices and whether that will rekindle the inflation spike.
You have to delete and repost. Historically low interest rates in 2022? You must mean 2020.
they dropped in 2020, and lasted till 2022. no?
@@therealtrashman456correct
“Starting [hikes] from historically low interest rates… in 2022”
I think theyve done an amazing job, they just need to pause and view the new job hiring rates and then decide about the next reduction, it's a good approach they can just sit and wait and watch the numbers and tweak accordingly. Even after this big cut rates are still definitely high and the current high rate will still have a slow down effect
Balance the budget
Stop printing money
Low cost free trade
Stop price gauging
Stop ✋ Price Gouging No.1.
What price gouging?
You need to study economics.
@@cisium1184yeah he stop, we have to print money to lower rates come on
At first I thought you were trying to do a Haiku, I had to remember my elementary school days 😂
Then I realized, balance the budget? It’s just some sheer mental illness poem at that point
Imagine believing a fed rate would do anything other than cripple america's already failing economy
The rate cuts are perplexing, especially considering the persistent high cost of living. For example, a dozen eggs still cost a ridiculous $6. It seems like the perception of inflation being under control is out of touch with reality
Fighting inflation isn’t about prices going down, it’s about slowing the rate at which prices increase. Prices aren’t going back down and you don’t want them to. Because that deflation will mean a recession.
Not sure whether Americans (in their little insular world) that THIS SAME THING IS PLAYING OUT IN EVERY OTHER COUNTRY ON THE PLANET!
Eggs are $11 where I live. 2 years ago they were $3.50-$4
And gas... is $9 a gallon... is that what you are paying?
Hold on how are eggs 6 bucks? Where do you live at? Walmart has them for 2$? Like where y’all shopping at? Gas stations?💀💀😭😂
Yes!
@@FutureDreamZzWPI worked with the Walmart.
The need for unskilled labor tends to drop when you open the border for 4 years and allow 20 million illegal immigrants to come take jobs.
In 1971, Nixon stabilized prices by issuing an executive order that wages and prices were not to be raised for 90days. Whenever I hear the FED say, I wish there was another way to handle this I'm like, there is?
This is why there should be no fed controlling our financial destiny, determining when there will be a recession and thinking they can control how many people will be hurt when it should not be a government edict that does such a thing the first place.
I see we're both voting red this Nov 👌🏼
Exactly, it’s a shame what these mega bankers have done to the economy. It’s all a facade. Fiat money has always led to the destruction of nations. Every time.
We’re already in a recession. Things are gonna get way worse.
Not sure what country you live in buddy.
I like how Jerome Powell openly admits there was no science or math or any type of real process behind these decisions. That's really comforting.
"We thought about what to do and we concluded this is the best course" Anyone can be a fed chair, just be old.
Feds who went to school for a decade: "We just turn a couple of these buttons and see what happens"
should have not cut rates yet
oh they had to. they need to cut them further. but theyll need to wait a couple months and space them out to avoid more panic. economy's effed.
Honestly, this situation makes me uneasy, especially with the Fed cutting interest rates by 50 bps. It's a sign of deeper economic concerns, and I'm unsure about my $130K investment strategy given the potential for not just a recession but possibly a depression.
I agree. Even with great opportunities, we should proceed cautiously. Seeking market analysis or advice from certified market strategists is important.
Absolutely, having a solid plan is crucial. My portfolio has doubled since early last year. My financial advisor and I are working towards a seven-figure goal, though it might take until Q3 2024.
Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve my financial goals.
'Sharon Ann Meny' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
Thank you for the recommendation. I'll send her an email, and I hope I'm able to reach her.
Lol no presidential election interjection btw
They should keep cutting rates!
I'm no economist, but messing with interest rates seems like such a blunt tool to deal with inflation and unemployment. And I'm guessing that the people most negatively impacted are in the lower income bands. 🤔
Im not an economist either, but I’m wondering what makes you think it will affect lower-income people more.
I think is because low interest rate will be very beneficial for those with asset and stocks investment.. most lower income people don't have assets or stocks
Their monthly payments will be cheaper
Regardless of what the politicians try to sell, the lower income population feels economic unrest the most.
@@heatherm2428This is 100% true no matter which aisle of the fence that your on. The good thing, is that Id rather be poor in America than poor in Guatemala, Haiti, Venezuela, or Cuba.
I LOLed at "Recession long predicted by economists."
Next month is always recession according to experts, since 2010.
The graph 📈 doesn’t include food or energy because it would be off the charts and really show how bad it is
Greedflation was always easy to solve without breaking the labor market. Companies were simply gouging us and they did nothing to solve this problem.
The real reason why the FED raised the interest rate and kept this rate at sky high is to let money from all over the world flow to the US. Simply explained, put foreign money in US banks and one earns higher interests. In return this money went into US stocks and US property. That's why the US stock prices have been so high recently (Sept 2024). Beside, by raising interest rate, foreign companies which have high dollar-dominated debt have been in serious troubles in the last one to two years. That's why the GDP of so many countries has been underperforming to the US GDP. Resulting the US as the best of the worst! But this game can't be played without limit by the US. Somehow the US will face the reality. Lower company earnings, low consumer spending, and no job growth. These things really matter. Some large US companies have been cutting jobs in large numbers very recently. When the FED needs to cut rate, money will flow out of the US. That's may why the US have been keeping the interest rate high for so long. It's a US Money Game at the highest level only. US can play this game because of the Dollar as safe haven. At least for now.
What's missing in this report? Spending. Interest rates and employment won't mean a hill of beans until government spending is cut. That's the only way to increase jobs and stimulate industry and consumer spending.
How does cutting government spending increase jobs?
Cutting government spending will DECREASE jobs
@@NeoEngineCorp Yeah let's have everyone work for the government 35.5 trillion $ in the hole and give them all a million dollars too! Economic problems solved!
What will happen then Government increase Funding to Private Sector.
@@lokesh303101 Straight to share holders pockets.
Just keep buying!!
The Fed needs to think the rates affect 6 to 9 months out.. this drop, is probably about a perfect place to start. Corporations are the source of inflation. The only tool in the box to slow demand, thus the incentive to raise prices, is make it more expensive for consumers to borrow. Credit card defaults and delinquencies are rapidly increasing. Housing affordability is well beyond the reach of the median wage earner. Millennials are in their prime house buying phase, and greed at multiple levels is locking them out of their dreams. Multiple levels of fixes are needed, and a interest rate reduction is just one of them.
It is the right pathway with inflation, at two and half percentage to targetted two percents.
Dont get confused, this resession is already here, and is not a unemployment Resession, is a debt crisis, liquidity crisis, and bank crisis, just look the unrealized bank loses and you can figure it how big this will be, 2008 will be a playground.
Economic rollercoaster ahead, hold on tight! 🎢
There’s NEVER not been a recession after rate hikes like this and the insane inversion of the yield curve. To think “this time is different” is delusional beyond degrees of mental asylum.
Just give me 4% mortgages and I’ll be happy
No amount of rate cuts will help to revive economy,,, it's doomed
There lowering it for the election. Sad
those new jobs they are counting are part time and 2nd jobs for people. There really isn't any real job growth. Layoffs are massive and continuing which is why so many are now working two part time jobs and the powers that be count that as job growth.
The figures in the job market graph are wrong.
I always enjoyed my job and never saw it as just a 'daily grind.' I had a lot of freedom and flexibility back then. But since retiring, it’s been a different story. Every time I make a withdrawal, I can’t help but notice how hard it is to bounce back, especially with inflation creeping in and sequence of returns risk hanging over my head. It’s hard not to worry about running out of savings. this is how things have felt for me, though I know everyone’s situation is different
I’m nearing retirement myself, and I had similar concerns. I started investing later than most, and just relying on ETF compounding wasn’t cutting it for me. After working with a financial advisor, I managed to restructure my investments and am now on track to retire with around $5 million. If I hadn’t sought advice, I doubt I’d be as confident in my plan right now
I’m in a similar boat, trying to figure out the best approach for my portfolio. How did you find your advisor? I feel like I need that kind of guidance
I usually steer clear of recommending specific people because financial needs are so personal. But I can say that working with Emily Ava Milligan has made a world of difference for me. I noticed her strategies are tailored to fit personal goals and make sense for different needs. It might be worth exploring to see if her approach resonates with you.
Thanks for that. I did a quick search and found her page. I was able to email so I sent over a few questions to get more info. Appreciate you sharing
@@MaxWell-pp9zs You're not alone, i think a lot of people feel this way
Why are we artificially controlling the interest rate? why not just let it be controlled by the law of supply and demand like all others?
Who are these “all others”?
Big Corporate controls supply and demand,as well as hiring practices.It’s a vicious cycle that will never end,unless the economy collapses then they’ll look to the government for bailouts such is the way of the economy we live by.
Because the fiat system is flawed and manipulated
How does this affect drayage freight?
We all know it's gonna be elevator down. 🤣
Another discount for billionaires to buy up all the available homes👌🏽
I think we don't need so many economics correspondents for our job market. Can we start by firing them or reducing their salaries if we need to lay off employees?
Powell said that inflation is transitory, let see what happens this time
The graph at 4:39 is misleading. Despite earlier on mentioning that we started at basically 0, that graph starts at 4, to make it look like a steeper cut than it is in reality. It makes it look like we are cutting 1/3 of the total possible distance.
inflation is down? so you mean when i bought some bread, milk, and eggs at the grocery store yesterday for $28 that was just a fever dream???
Inflation is down, prices are not. This is simple stuff
He said INFLATION is down. He did not say PRICES are down.
Did you even go to school 🤦
Do you understand what inflation is? Low inflation doesn’t mean prices go down.
Stop inflation or give people more jobs, insane decision. I would hate to do their job
Heh, A contradictory dual mandate is wild!
You are the only sane person in the Comments
@@donttalkcrap everyone thinks they got a magic solution, but the reserve is beyond political party squabble they're genuinely doing their best. I hope some see that.
Should have raised by a full 2 points instead.
There was literally a recession scare and a flash crash a while back, rates cannot go any higher
This govt has managed the economy well
Does this mean that they are trying to encourage people to take on new debt?
I still paid $29 for a Amazon can opener. I tried to get in the store but bought junk. But for just the opener $20. In the last depression that was 2 weeks salary for example.
Right now at IKEA they’re $8, good quality too. I’ve had the same one for five years+.
the graph and the voice over saying that prices rose 7% and then went down is not true. Prices didn't go down, inflation did. But inflation is the measure of the rate of change of prices. We would need to have negattive inflation for the prices to go down. This didn't happen (thank god).
Shorters kept spreading fake analogy on fed cuts 50bps due to urgency. Fed already mentioned it's decisions is due to not lagging behind as they did not cut 25bps on July.
No wages need help. Nothing will fix 20 years of no increases
Screw the over paid min wage!
I'm a noob and really want to dive deeper in the world of investing, what is the implication of the Fed's rate cut for new investors?
A Fed rate cut typically lowers borrowing costs, which can boost the stock market. For new investors, it may create opportunities but also volatility-so, balance risk with research and caution, which is why it is important to start with a professional's guidance
Inflation is still high!!!!! Due to election fed cutting interest rates.
the before the GHS 18 for a dollar ?
You are not getting it! The economy is plummeting and the interest rates is going down because of Deflation. Troubling signs in the automotive industry in Germany …
The first 2 years of a new administration is the economy of the old one. It is the lagging rates continuing until the president's proposals takes effect.
Under the free-market orthodoxy that followed Nixon floating the dollar, we have all being asked, effectively, to accept that “the market” is a self-regulating system, with the rising and falling of prices akin to a force of nature, and simultaneously to ignore the fact that, in the business pages, it is simply assumed that markets rise and fall mainly in anticipation of, or reaction to, decisions regarding interest rates by Alan Greenspan, or Ben Bernanke, or whoever is currently the chairman of the Federal Reserve.
bruh i need me some deflation
I know right 😢
How do you have a good labor market if everyone poor. They cant give the need to business to hire more. This will get worst ......
So...
Option A: Control the inflation but risk losing control of economy?
Option B: Control the economy but risk losing control of inflation?
Thankss
What prices are easing ????
1. Powell waited too long to raise rates.
2. Trump poorly negotiated the OPEC deal that kept prices high.
3. Republicans gave institutional real estate investors too many incentives to buy up single family homes during an inventory shortage (what could possibly go wrong).
4. Consumers kept buying as retail inflation outpaced cost inflation. They should have immediately cut back on discretionary spending.
5. They're eating the dogs and the cats of the people who live there.