By Definition, the wealth goes from poor group to rich group. The people in the rich or poor groups change. To visualize this, visualize a pyramid. The top has many labels such as Dictators, President, CEO, etc. The middle and bottom have various labels such as managers, workers, homeless, etc. When there is event such as a Communist revolution, pyramid can get flipped upside down, like China or French Revolution, etc. An upside down pyramid is not stable and the top starts fighting or even killing each other, and eventually turns back into a pyramid. Since the end result is the same as it began, except for different people in power, it would be best to improve the lives of everyone rather than waste the time destroying everything and reinventing the wheel. Not that they think logically, but there is no guarantee for the revolutionary that they will even be better off than they were in the beginning. The Republic and Capitalism concept tries to have many pyramids to optimize the benefits and reduce the detriments. You can visualize this as putting all the tops of pyramid together to form a Sphere, the most stable structure in the Universe.
"The Great Wealth Transfer Has Begun" Uhhh.... this has been going on since Ronald Reagan in the 1980s. Remember the phrase "trickle down economics" and how Reagan's own vice president George Bush senior called it "voodoo economics" because he knew it was an overall failure of an economic model. He knew full well it was just a way to consolidate more wealth at the top.... and 40+ years later George Bush was right with his voodoo economic analysis. The Reagan revolution accomplished exactly what it was supposed to do.... transfer wealth from the bottom to the top. That's why everyone including the country is in some kind of debt whether it be school loans, medical, or housing. Why do you think republicans lionize Reagan so much? Their current policies of endless tax cuts, elimination of all regulations, and their push for super low interest rates when they take power eventually funnels most of that wealth to the top. I'm not against tax cuts as long as they are specifically targetted for things that truly help the economy, but that's not what ends up happening. Oh... and now the republican supreme court is going to take up an issue on whether Congress can ever implement a wealth tax. Yea, let that sink in for a minute. That means all the assets the elites accumulated might never be taxed if the right wingers get their way. Yet people continue voting in right wingers who support these polices. I'll save the discussion on why they vote that way for another time. And the supreme court is taking up cases on stripping our regulatory agencies of their power to enact any kind of protections. God forbid we regulate the financial industry destroying the country.... nope, can't have that.
The concentration of real wealth has become too extreme, and this wealth elite to a large extent even control government policies. Even middle classes have become poor due to QE fuelled inflation. People are trapped in the debt traps due to ludicrously low interest rates, designed to make people spend more. Unregulated capitalism just cannot go hand in hand with general welfare any longer….
As an American and veteran, I totally agree with Ray Dalio. The data support his thoughts as well. I disagree with his critics that he is unpatriotic. I can easily argue that he is patriotic because he is telling us the truth. Those that lie are the ones you should be worried about.
I remember in 2007 when I was working in real estate seeing people buy homes new from builders with the intention of selling before close of escrow to a new buyer for profit. The crash was so brutal and fast that I remember seeing a lot of these units foreclosed on with the builder plastic still on the carpet. I lost $330k to that crash, it was terrible
Since most people are accustomed to bull markets, they often find it difficult to handle downturns. However, with the right knowledge and strategy, you can profit handsomely. Yes, depending on your plans for entry and exit.
The enduring US stock market bull run evokes a mix of fear and excitement, presenting opportunities with insight, resulting in $880k gains in the past ten months, utilizing a portfolio advisor for a well-defined strategy.
@josephbush My portfolio has been in the gutter for the entire year, so I started researching new ways to profit in the market, but everything I tried just seemed to miss the mark. Please let us know the name of your financial advisor.
@fredm She goes by 'Heather Lee Larioni', and deserves credit as one of the finest financial planners. She decides what assets i acquire whilst skillfully diversifying my portfolio. Her reputation precedes her, and I highly recommend her on a public post, you can look her up to locate her online if you are internet-savvy
Quite informative, just inputted her full name online, spotted her consulting page and was able to send my message across, she seems proficient... thanks for putting this out
Biggest lesson i learnt in 2022 in the stock market is that nobody knows what is going to happen next, so practice some humility and follow a strategy with a long term edge.
Nobody knows anything; You need to create your own process, manage risk, and stick to the plan, through thick or thin, While also continuously learning from mistakes and improving.
Uncertainty... it took me 5 years to stop trying to predict what bout to happen in market based on charts studying, cause you never know. not having a mentor cost me 5 years of pain I learn to go we’re the market is wanting to go and keep it simple with discipline.
I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same.
I work closely with the popular lady Aileen Gertrude Tippy ,After she appeared on Bloomberg where she was featured. I looked her up and reached out on her web page to set an appointment. You can do same.
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
I appreciate your approach to teaching.. To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough, we just need to hold onto our hopes and wait to see how things turn out because market movements are almost always unpredictable. In my portfolio, I'm noticing more red than green and my retirement is edging closer by the day.
The current situation is incredibly dire for people in the United States and other countries. The global economy is facing a significant downturn, with increasing inflation rates and unemployment figures.
I don't have a full-time job; instead, I'm self-employed with a variety of sources of income. Regardless of how much money I generate each month, I maintain the same budget and adhere to my means-tested lifestyle.
she’s a quite known advisor. I actually did look her up curiously and went through her credentials on her webbsite…Top-notch! I wrote her an email, hopefully she’s accepting new intakes.
The market has been a turmoil since covid, the brief relief rallied for only a year and now the devastating effects of pumping trillions into the economy is here and will be for a while.
Stay in the mrkt and sell only if you need those funds. I got laid off and it has been difficult getting another source of income, glad I was investing when I did and of course with guidannce from a wealth-manager don’t listen to naysayers. I am making bank and the penalties for drawing from 401k to reinvest are nothing compared to the amount of wealth I now possess with my family.
Exactly! Its a 'Great wealth transfer period'. Why people see these market crash as being "trapped or bad news" is beyond me. Its supposed to be a chance to buy more, its like free money. Only fools sell, and their reason is probably because they bought shares in an unprofitable company. My work colleague accumulated over $1m during the last crash and even pulled it off with ease in a bad economy.
While it's true that many people are making six-figure profits during this downturn, the majority of those who effectively employ these tactics have extensive market understanding.
I agree. Based on personal experience working with an investment advlsor, I currently have $985k in a well-diversified portfollo that has experienced exponential growth. It's not only about having money to invest in st0cks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.
@albatkobe The advisor I'm in touch with is 'Heather Lee Larioni'. There are other good FAs online too, if you look around. But for me, her strategy works hence my result. She provides entry and exit point for the securities and ETFs I focus on
In 1929 all the fools who sold did well. This market is being manipulated. If this was 30 plus years ago the news was your bell weather, but now that doesn't seem to matter. Take 9/11 per example. The top 1% plus all your politicians, Hollywood actors, Captains of industry, must all have made obscene amounts of money shorting the market with insider knowledge and yes THEY KNEW!!
I recommend diversifying your investments by considering stocks alongside real estate. During a recession, there are potential buying opportunities in the stock market if approached cautiously. Additionally, market volatility can offer short-term buying and selling opportunities. However, please note that this is not financial advice. It's important to be proactive in investing as cash may not be the most advantageous option during these times.
You’re right! The current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies.
The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading.
I just looked up the broker you suggested on Google and I'm incredibly impressed with her credentials, so thank you for sharing. I'm going to send her an email right away
Investors are extremely alarmed by the impending recession and the Fed's rhetoric of raising interest rates. My $600,000 stock portfolio has lost 25% of it’s value. Whats the best way to hedge my portfolio to make profit when the market crashes?
It's really challenging to have a stable portfolio right now, so I always preach about the importance of having an advisor.This helped me stay afloat and improve my portfolio 0f $450k by 48% in just 3 months.They have strategies that are specifically suited to your long-term objectives and financial aspirations.
@@WestonScally7614 I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same.
the first step to acquire wealth is figuring-out your goals with heIp of a financiaI pIanner, and foIIowing through with lnteIIigent ideas; you will acquire wealth in no time and also enjoy the decision of managing your money.
How can I grow my portfolio to outpace inflation and maintain a successful long-term strategy? I have been reading of investors making about $250k profit within a month during downturns, and I need ideas on how to achieve similar profits.
People underestimate how much they can make from the stock market. I started with $127k just before the pandemic hit. Many people's portfolios tanked, but I rode through with my financial advisor, and even made more than $86k within just five months of starting, and it's been an awesome ride since then.
I take guidance from Lisa Angelique Abel a well qualified California-based wealth advisor with over a decade of experience, luckily her profile is widely visible on the internet, you should simply research.
I am seeking some investment guidance. It seems like I am never able to identify trends, options always go against me, and I can't utilize scanners efficiently. I am looking for a simple reproducible passive income strategy that supplements my income and eventually replace my wage income.
I have $50,000 USD that I'm considering investing in the stock market. However, I must admit that I lack the knowledge and expertise in this area. does anyone have experience in this field, and I was wondering if you could kindly point me in the direction of your advisor or someone you trust for guidance in making informed investment decisions. Any help or recommendations you could provide would be greatly appreciated. Thank you in advance for your assistance.
I just looked up the broker you suggested on Google and I'm incredibly impressed with her credentials, so thank you for sharing. I'm going to send her an email right away
The system is failing as a result of both government and federal policy. In the next days, the banking crisis would have to be epic and gigantic for the FED to decide not to raise interest rates. This won't happen; an increase and a crash are coming. There will be more negative portfolios this 2nd half of 2023 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder
@@jonash330 Very true, you can be passively involved in the markets and still amass wealth-gains using an investment advisor. I first dabbled in stocks late 2019, just before the pandemic, and that same year gained over 150% with no prior investing experience, basically all I was doing was following directions of my advisor. We are working on a retirement ballpark of $3m and I’m certain my goal isn’t farfetched after subsequent investments and tremendous returns so far.
@@Rachadrian This is striking! could you share info of your advisor, please? i'm in dire need of asset allocation and standing at a crossroads, whether to sell-off or keep holding my positions, my portfolio is retrogressing bad as of late
My financial advisor is 'Vivian Carol Gioia'. I found her on an interview where she was featured Afterwards I reached out to her on her webpage. she has since then provided me with entry and exit points in securities I focus on.
I just looked her up on the internet and found her webpage with her credentials. I wrote her outlining my financial objectives and planned a call with her.
I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown
Agreed, It's essential to diversify your portfolio. While quality stocks are a solid foundation, you should also consider other assets to spread risk. Thankfully, I can attest to the success of this approach aided by professional guidance seeing my portfolio of $330k grow by 15% this year alone... maybe you should do the same.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
A good FA is critical for portf0lio diversification. My advisor is Marisol Cordova who can be found readily and has great understanding of the financial markets.
One thing people should know is that a crash and bullish market provides equal high-yield potential, it's all about information and strategy application, I've seen folks make huge 7 figure profit in crashing market and pull it off much easily in bull market. Personally I’ve made over $310k this year. There are lots of opportunities in the market, unfortunately people are not utilizing them.
@@Karenfloen There are quite a number of undervalued stocks and Defi assets available in the market, get in on them. You can also short the market, there’s a lot that can be done to maximize profit.
@@JefferyRandolph_ I'm very interested in investing and I have good sum of which I'm willing to put in with the right information. Tried investing in stocks myself a few times but I’ve never been in luck picking stocks.
@@Evan_Trevor Having a broker is essential for making high yields investment, portfolio growth and diversification as well as Capital preservation which is just as important as the stocks you buy.
The only thing you can do is make sure you're ready and plan accordingly because recessions are a natural part of the economic cycle. I began my career during a recession (2009). Aerial acrobatics on cruise ships was my first job out of college. I've developed my own business, am a vice president at a large corporation, own three rental homes, invest in stocks and businesses, and have seen a growth in my net worth of two million dollars over the past four years.
Let's face it, increasing stock and index fund purchases during downturns and bear markets is unnerving. Which makes it very difficult for most people, like me, to do. It's challenging to incur the risk of investing the one million dollars that I have in an S&S.
You are quite correct; they can have a significant impact on a person's portfolio. My first financial advisor for trusts was Camille Alicia Garcia. Her work ethic is acceptable according to the US Investment Act of 1940, and she is verifiable. Her open-book approach lets me completely own and control my portfolio while maintaining very low costs in comparison to the returns on my investment.
*@kristenpierce8661* I've wanted to start investing for a few months, but haven't had the courage to do so because the market has been down for the majority of this year. Please provide additional information about her offerings and how I may feel confident in her skills.
She covers a wide range of subjects, including insurance, retirement planning, investing, and coming up with methods to reduce investment risk volatility. You may look up her full name on the internet. She is popular. Therefore, locating her official website shouldn't be too difficult.
Thanks, I just Googled Camille and was quite impressed with her credentials; I got in touch with her because I need all the help I can get. I just set up a phone call.
Invest early, invest often, stay invested. Buy a good cross section of an economy and you should do well over the long term. The market will be high in 10 to 20 years, and significantly higher in 30. It's almost impossible for a company with no debt to go bankrupt. Canada is about 3% of the global marketplace, U.S. is about 50%, remainder on the globe is 47%. Pay yourself first. It's time in the market, not timing the market. i was led to my first million and i stay untop of the market with my FA Emily Lois Parker. Bulls and bears make money, but pigs get slaughtered.
@@harrisahmed3066 i'm into large cap companies which have economic moats, large cash flows and strong balance sheets. Some of which are AAPL, MSCI, IUKD, VHYL, SCHD, NVDA and Barclays…
If you are properly prepared and knowledgeable, every crash/collapse/inflation or recession gives an equal market opportunity. I've seen folks amass up to $800,000 throughout crises and even do it with ease in a terrible economy. Without a doubt, someone has become enormously wealthy as a result of the crash.
She appears to be a true professional in her area. I Googled her and found her website, which I visited and read to learn more about her credentials, academic background, and job. She owes me a fiduciary duty to act in my best interests. I made an appointment to use her services.
30:00 minutes of the video: "The richer a country gets the more they borrow." I was listening to Dave Ramsey Show this morning and there was a guy that called in and said him and his wife make $1.7 million net a year with their trailer business yet they feel like they're broke. American's have no idea how rich they really are.
One problem in my personal view is that housing has turned into commodity. Housing should be a home for families to grow and thrive in not a cash cow for the few.
Yes it's gentrification and it's outta control! Folks driving lambos living like kings squeezing the f outta folks simply looking for affordable housing. I believe homes should be for living not for generating wealth. Especially when the first time home buyer can't even consider looking due to the insane wealth being squeezed out of real estate today. The government should build non competitive homes at affordable prices this would force real estate investors to compete for those same renters thus lowering prices. This has worked in the past for the UK I believe not sure about the US. These folks in the Whitehouse have no sense of reality as they live lavish lifestyles off our taxes. I believe this is why they don't get it or perhaps they simply don't care.
Ray should run for office or be a house speaker. Rich citizens like Ray won't be bought out by special interest, he would work what's best for the majority. We need more people like Ray.
Tom, you are great. I can tell you research and study topics to stay informed. I love your intensity; you make me laugh and I can go on and on. The bottom line is Thank You!
WW3 is already happening. We thought it would be guns and blazing in the air, sea, and trenches but it's really proxy wars between US and China. Guess who's starting all the wars. Look at Ukraine, Israel, and someone "quietly" arming Taiwan...
THIS used to be one of my most watched YT channels... sadly, it's been a while since i visited it has been a very rough year... i am experiencing one of the toughest phases of my life... Lost a fortune lnvesting in emerging companies. Hopeful, for a turnaround.
Investing so much in emerging companies is a ridiculously bad strategy you need to balance your portfolio against risk. Investing must be like the healthy food pyramid. BTW, I commend Adam Brossard Wright's transparent trading method too, best I have seen so far.
I've been reading a lot about the potential for a market crash. It's making me nervous.I find myself at a crossroads, uncertain whether to liquidate my $150,000 stock portfolio.
Diversification, a trusted financial advisor, and a cool head during the storm; that's my recipe for success. It just goes to show that smart planning can make a huge difference in the world of investing.. Since I adopted the services of a financial expert, I've attained my most measurable financial milestone of $650k after subsequent investments.
Nicole Desiree Simon oversees my portfolio, simply do your due diligence. She's an extremely intelligent person, very thoughtful, cautious, and shows a great deal of expertise with over a decade of experience in her line of work.
Thank you for this tip , I must say, Monica appears to be quite knowledgeable. After coming across her web page, I went through her resume and I must say, it was quite impressive. I reached out and scheduled a call
An idea for a video would be dividend payers where you analyze large maturing cash cow companies like Google and PayPal that seem to be in the position of starting to payout growing dividends soon. I’m new in investing and still doing my research.
nice idea, I had a financial emergency late 2019 and sold my shares for a healthy profit to cover the expense, still wish I hung on to those shares today and just opened a credit card instead, but then I had no sort of guide or expert counsel
BUILDING WEALTH INVOLVES DEVELOPING GOOD HABITS LIKE REGULARLY PUTTING MONEY AWAY IN INTERVALS FOR SOLID INVESTMENTS. FINANCIAL MANAGEMENT IS A CRUCIAL TOPIC THAT MOST TEND TO SHY AWAY FROM, AND ENDS UP HAUNTING THEM IN THE NEAR FUTURE. PUTTING OUR TIME AND EFFORT IN ACTIVITIES AND INVESTMENTS THAT WILL YIELD A PROFITABLE RETURN IN THE FUTURE IS WHAT WE SHOULD BE AIMING FOR.
Trading systems allow you to limit the factor of emotional influence on decision-making, as well as to give the trade a certain degree of systemic character.
Ray Dalio has the most correct understanding of the China Taiwan situation. Thank you for sharing and your enormous contributions to the community! Many greatly appreciate and admire you! Many thanks!
Fear can motivate but can also freeze. As Ray says, “ Balance” is key to making a well informed choice. I keep repeating to myself “Balance…” Love your program. Thanks!
Awesome. Tom, you have the most awesome guests on. Love your inquisitive nature. Economy and trade are the top topics to be interested in. Please have more economists and traders on. Thank you!
Market crashes come along with equivalent market opportunities if you are well informed and equipped, I've seen folks amass wealth in the midst of economic turmoil and even pull it off easily in favorable conditions. Invariably, the collapse is getting somebody somewhere rich `
Excellent and Ray is always a great and wise advisor to us all. It seems to be morality, religion sit underneath and undergird all of the things discussed as the ultimate source of authority and direction. Everything else is a moving target based on what one side, group, or person over another. Great episode!
To combat the negative effect of inflation, it’s a good idea to diversify your portfolio across different asset classes, such as stocks, bonds, and real estate, since this can help protect your portfolio against inflation. I’ve heard testimonies of people accruing over $550k during recessions
I wholeheartedly concur, which is why I appreciate giving an investment coach the power of decision-making. Given their specialized expertise and education, as well as the fact that each and every one of their skills is centered on harnessing risk for its asymmetrical potential and controlling it as a buffer against certain unfavorable developments, it is practically impossible for them to underperform. I have made over $745k working with an investment coach for more than two years.
Interesting, Very Educative Convo, I'm a newbie to this financial world and i would love to know more, if you don't mind me asking Who is this person? Is she worth recommending?
My Financial adviser is ‘’Camille Anne Hector’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. 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
Wow I know Camille. Her platform maintains a unique perspective and is very transparent with their investors. Regardless of whether or not she outperforms i will always stay invested as her methods alone with keeping investors in touch with their strategies and outlooks are something that so few managers are capable of and they should follow suit
When Rome became highly endebted and overtaxed, the skilled and the affluent began leaving Rome for the freedom and prosperity of the 'barbarian' lands, which meant Rome's finances got even worse. The solution was the Roman's prohibited skilled workers from moving out of the areas they came from, which created the European feudal system, with the skilled tradesman becoming serfs. The US has already partially done that, as US citizens living overseas are required to continue paying tax in the US.
oh yes it did! Your turn to make a meaningful argument with premises that logically lead to a conclusion, although something tells me that logical argumentation is beyond you and you only know how to do childish naysaying@@heironymousnevs
When he was saying -children shouldn’t go below a certain level. -treat one another civil. I immediately thought Racism and Sexism is holding us all back. As Americans we are not homogenous and so we argue and fight one another but it’s killing us because certain people are push out of the opportunity to “Make more than they spend.”
i'd argue political divide is causing 20x the negative consequences that racism/sexism is.. Put a white/black guy in a room and watch them talk like normal humans. Now put a trump/biden hat on them and watch them either stop talking or turn on each other.
American CITIZENS does not aware of the United States federal government bankruptcy act, that's the reason why AMERICAN CITIZENS were the MOST PITIFUL PEOPLE on EARTH. Does AMERICAN CITIZENS knew that America belongs to the INTERNATIONAL BANKERS and NOT THE AMERICAN CITIZENS under the United States federal government bankruptcy act.
Its a weird coincidence that this interview came out the same day that the book "the fund" came out. Its a biography on Ray showing who he really is and how those principles actually worked out.
I began my investment journey at the age of 38, primary through hard work and dedication. now at the age of 42,I'm thrilled to share that my passive income exceeded $100k in a single month for the first time.this success reinforces the important of the advices mentioned earlier. It is not about achieving quick wealth but rather ensuring long term financial prosperity.
Bitcoin has been falling for a while now and could fall further or close to rise again. The truth is that no one knows, I believe it's the right time to buy and also get a pro's assistant
also :From a Protestant nation with strong morals and values, we find ourselves in a state of utter confusion and a nearly absent middle class. What path are we charting as a country? Do we truly understand the principles we stand for? It is disheartening that we seem oblivious to having forfeited the respect of the world, with our leadership competence no longer acknowledged.
Ray Dalio is one of the world's good guys and appears to have scaled to the top of Maslow's hierarchy of needs - shame he wasn't running the country. Though not gonna lie - I followed his investment advice when Covid kicked in cause of sensibilities and got destroyed. He is firmly embedded in OG principals which is so so important but sort of seems behind the times and too detached from the disruptive transition that is happening before us like web 3...
I don't think people feel like it's as bad as 2020 because we were going thru lockdown and unnecessary mandates back then that now is fading in our memories.
The only American who won't acknowledge this Administration's failed economic policies is Joe Biden. "Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?
I would avoid index funds, mutual funds, and specific stocks for the time being. Right now, the best option is a fixed income of five percent. Put money aside for the times when the market really starts to bounce back.
Please let us know which Roman emperor was responsible for the eventual fall of Rome .. your assertion is juvenile and crass .. no single president has caused this economic catastrophe
Dalio is always careful bc he lost a bit fortune during the 80s. I wonder what his thoughts are about living in Taiwan The INTL community things its dangerous but the people here are very chill right now.
Ok let’s see how we fix these issues: 2 parents in the home - remove the government from the equation and women will think twice before becoming a single mothers. They will value more men and will do anything to make it work. Substitute child support for share custody mandatory. Education - again removed the government from the equation at all levels. The private sector will complete for your children in terms of tuition and content. This will bring prices of education down. Eliminate the home property taxes portion that goes to education because the private sector is taking care of it. Doing this more kids will grow in a 2 parent home and will have the best possible education.
What I'm hearing is the best solution is to have commander and chief that is a successful business man, say... Trump? Trump 2024 baby! Give our country what she needs
Tom I do not agree with you some of the time, but I do respect you and how you move through life. I believe Ray Dalio is a mad genius...And for those of us with no debit and all of my concerns are met whether it is medical, food, insurance, savings, cash on hand, real estate, meaning have renters. For for the last 45 years has the sky always been falling? Tom will you consider renaming your channel to CLN??? You know the Chicken Little Network because the sky is always falling for you...Lmao GTHOH...
institutional buying into ARZ99X could totally break the cycle and the peak expectation of end of 2025 will likely spectacularly fail to appear. If the last double peak was odd, the next one will catch most people out again.
Im DCAing in ZET400X as well. ETH heavier DCA and ALGO. Im taking your advice and starting Google tomorrow with a 50 dollar purchase and continuing Microsoft and Apple. VTI and VOO on another app and longterm portfolio. Here we go family!
I really appreciated this video, as a medium-term ZET400X holder. I know you commented on not many people paying attention to this, but it was very relevant for holders such as myself. After watching your thoughts, I willbuy more. I also remember your ear
Im betting ZET400X will perform well, it havent had a cycle yet and they have a strong community on both, and ZET400X update will make rollup fees even lower. Just my 2 cents. Great video goodvibes
Fantastic insight! Thanks Ray D. That guy has amassed some wisdom. He makes a compelling case for embracing a moderate approach. I need to learn exactly what uncorrelated assets are. I have a vague idea, but no practical idea how to execute on that.
WARNING: I will never ask for your contact info in the comments section, that is someone impersonating me!
By Definition, the wealth goes from poor group to rich group. The people in the rich or poor groups change. To visualize this, visualize a pyramid. The top has many labels such as Dictators, President, CEO, etc. The middle and bottom have various labels such as managers, workers, homeless, etc. When there is event such as a Communist revolution, pyramid can get flipped upside down, like China or French Revolution, etc. An upside down pyramid is not stable and the top starts fighting or even killing each other, and eventually turns back into a pyramid. Since the end result is the same as it began, except for different people in power, it would be best to improve the lives of everyone rather than waste the time destroying everything and reinventing the wheel. Not that they think logically, but there is no guarantee for the revolutionary that they will even be better off than they were in the beginning. The Republic and Capitalism concept tries to have many pyramids to optimize the benefits and reduce the detriments. You can visualize this as putting all the tops of pyramid together to form a Sphere, the most stable structure in the Universe.
"The Great Wealth Transfer Has Begun"
Uhhh.... this has been going on since Ronald Reagan in the 1980s. Remember the phrase "trickle down economics" and how Reagan's own vice president George Bush senior called it "voodoo economics" because he knew it was an overall failure of an economic model. He knew full well it was just a way to consolidate more wealth at the top.... and 40+ years later George Bush was right with his voodoo economic analysis. The Reagan revolution accomplished exactly what it was supposed to do.... transfer wealth from the bottom to the top. That's why everyone including the country is in some kind of debt whether it be school loans, medical, or housing. Why do you think republicans lionize Reagan so much? Their current policies of endless tax cuts, elimination of all regulations, and their push for super low interest rates when they take power eventually funnels most of that wealth to the top. I'm not against tax cuts as long as they are specifically targetted for things that truly help the economy, but that's not what ends up happening.
Oh... and now the republican supreme court is going to take up an issue on whether Congress can ever implement a wealth tax. Yea, let that sink in for a minute. That means all the assets the elites accumulated might never be taxed if the right wingers get their way. Yet people continue voting in right wingers who support these polices. I'll save the discussion on why they vote that way for another time.
And the supreme court is taking up cases on stripping our regulatory agencies of their power to enact any kind of protections. God forbid we regulate the financial industry destroying the country.... nope, can't have that.
The concentration of real wealth has become too extreme, and this wealth elite to a large extent even control government policies. Even middle classes have become poor due to QE fuelled inflation. People are trapped in the debt traps due to ludicrously low interest rates, designed to make people spend more. Unregulated capitalism just cannot go hand in hand with general welfare any longer….
Great stuff as always, Tom.
Appreciate your pursuit of truth and humility.
It's hard to be a master and student and to do that where everyone sees it.
Make another video with saylor please 🙏
As an American and veteran, I totally agree with Ray Dalio. The data support his thoughts as well. I disagree with his critics that he is unpatriotic. I can easily argue that he is patriotic because he is telling us the truth. Those that lie are the ones you should be worried about.
He's telling the truth but tough times , the rich are cowards by running with their money from the problem which they partially created.
I remember in 2007 when I was working in real estate seeing people buy homes new from builders with the intention of selling before close of escrow to a new buyer for profit. The crash was so brutal and fast that I remember seeing a lot of these units foreclosed on with the builder plastic still on the carpet. I lost $330k to that crash, it was terrible
Since most people are accustomed to bull markets, they often find it difficult to handle downturns. However, with the right knowledge and strategy, you can profit handsomely. Yes, depending on your plans for entry and exit.
The enduring US stock market bull run evokes a mix of fear and excitement, presenting opportunities with insight, resulting in $880k gains in the past ten months, utilizing a portfolio advisor for a well-defined strategy.
@josephbush My portfolio has been in the gutter for the entire year, so I started researching new ways to profit in the market, but everything I tried just seemed to miss the mark. Please let us know the name of your financial advisor.
@fredm She goes by 'Heather Lee Larioni', and deserves credit as one of the finest financial planners. She decides what assets i acquire whilst skillfully diversifying my portfolio. Her reputation precedes her, and I highly recommend her on a public post, you can look her up to locate her online if you are internet-savvy
Quite informative, just inputted her full name online, spotted her consulting page and was able to send my message across, she seems proficient... thanks for putting this out
Biggest lesson i learnt in 2022 in the stock market is that nobody knows what is going to happen next, so practice some humility and follow a strategy with a long term edge.
Nobody knows anything; You need to create your own process, manage risk, and stick to the plan, through thick or thin, While also continuously learning from mistakes and improving.
Uncertainty... it took me 5 years to stop trying to predict what bout to happen in market based on charts studying, cause you never know. not having a mentor cost me 5 years of pain I learn to go we’re the market is wanting to go and keep it simple with discipline.
I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same.
I work closely with the popular lady Aileen Gertrude Tippy ,After she appeared on Bloomberg where she was featured. I looked her up and reached out on her web page to set an appointment. You can do same.
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
I appreciate your approach to teaching.. To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough, we just need to hold onto our hopes and wait to see how things turn out because market movements are almost always unpredictable. In my portfolio, I'm noticing more red than green and my retirement is edging closer by the day.
The current situation is incredibly dire for people in the United States and other countries. The global economy is facing a significant downturn, with increasing inflation rates and unemployment figures.
I don't have a full-time job; instead, I'm self-employed with a variety of sources of income. Regardless of how much money I generate each month, I maintain the same budget and adhere to my means-tested lifestyle.
Fantastic! can u share more details?
I'm definitely gonna check her out. Do yo have any idea if she manages family fund?
she’s a quite known advisor. I actually did look her up curiously and went through her credentials on her webbsite…Top-notch! I wrote her an email, hopefully she’s accepting new intakes.
The market has been a turmoil since covid, the brief relief rallied for only a year and now the devastating effects of pumping trillions into the economy is here and will be for a while.
The stock market will go down further and goodluck on the fed pausing rate hikes w/ all the hawkishness that has failed to keep up with inflation.
Stay in the mrkt and sell only if you need those funds. I got laid off and it has been difficult getting another source of income, glad I was investing when I did and of course with guidannce from a wealth-manager don’t listen to naysayers. I am making bank and the penalties for drawing from 401k to reinvest are nothing compared to the amount of wealth I now possess with my family.
Natalie Marie Tuttle, advanced lady in her 40s and professional, reserach if you care for supervision.
@@alexyoung3126only Islam and Islamic values could save humanity. But the humanity probably doesn't turn it's face to Holy Islam.
The Dow Jones is at an all time high 6 months later
Exactly! Its a 'Great wealth transfer period'. Why people see these market crash as being "trapped or bad news" is beyond me. Its supposed to be a chance to buy more, its like free money. Only fools sell, and their reason is probably because they bought shares in an unprofitable company. My work colleague accumulated over $1m during the last crash and even pulled it off with ease in a bad economy.
While it's true that many people are making six-figure profits during this downturn, the majority of those who effectively employ these tactics have extensive market understanding.
I agree. Based on personal experience working with an investment advlsor, I currently have $985k in a well-diversified portfollo that has experienced exponential growth. It's not only about having money to invest in st0cks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.
@albatkobe The advisor I'm in touch with is 'Heather Lee Larioni'. There are other good FAs online too, if you look around. But for me, her strategy works hence my result. She provides entry and exit point for the securities and ETFs I focus on
Do you still remember the stock Kodak? What is your opinion on the trend of Kodak stock in the past three years?
In 1929 all the fools who sold did well. This market is being manipulated. If this was 30 plus years ago the news was your bell weather, but now that doesn't seem to matter. Take 9/11 per example. The top 1% plus all your politicians, Hollywood actors, Captains of industry, must all have made obscene amounts of money shorting the market with insider knowledge and yes THEY KNEW!!
I recommend diversifying your investments by considering stocks alongside real estate. During a recession, there are potential buying opportunities in the stock market if approached cautiously. Additionally, market volatility can offer short-term buying and selling opportunities. However, please note that this is not financial advice. It's important to be proactive in investing as cash may not be the most advantageous option during these times.
You’re right! The current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
She is Rachel Sarah Parrish. look her up
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies.
The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading.
I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?
I just looked up the broker you suggested on Google and I'm incredibly impressed with her credentials, so thank you for sharing. I'm going to send her an email right away
Investors are extremely alarmed by the impending recession and the Fed's rhetoric of raising interest rates. My $600,000 stock portfolio has lost 25% of it’s value. Whats the best way to hedge my portfolio to make profit when the market crashes?
Everyone is uneasy due to the continuous wars in the Middle East. To get assistance with your portfolio, you ought to speak with an FA.
It's really challenging to have a stable portfolio right now, so I always preach about the importance of having an advisor.This helped me stay afloat and improve my portfolio 0f $450k by 48% in just 3 months.They have strategies that are specifically suited to your long-term objectives and financial aspirations.
Buy puts lol
@@WestonScally7614 Pls who is this Advis0r that guides you?
@@WestonScally7614 I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same.
“HOW I GOT WEALTHY” steps below...
the first step to acquire wealth is figuring-out your goals with heIp of a financiaI pIanner, and foIIowing through with lnteIIigent ideas; you will acquire wealth in no time and also enjoy the decision of managing your money.
l made better decisions that grew my finances (over 1M in 2yrs) with heIp of my financiaI pIanner. Got my 3rd house Iast month, and will retire soon.
ELIZABETH GREEN HUNTS
Get to her with her name..
Great info..
How can I grow my portfolio to outpace inflation and maintain a successful long-term strategy? I have been reading of investors making about $250k profit within a month during downturns, and I need ideas on how to achieve similar profits.
People underestimate how much they can make from the stock market. I started with $127k just before the pandemic hit. Many people's portfolios tanked, but I rode through with my financial advisor, and even made more than $86k within just five months of starting, and it's been an awesome ride since then.
I take guidance from Lisa Angelique Abel a well qualified California-based wealth advisor with over a decade of experience, luckily her profile is widely visible on the internet, you should simply research.
Shills
I have an idea, you may be reading lies that people tell.
curry scam
I am seeking some investment guidance. It seems like I am never able to identify trends, options always go against me, and I can't utilize scanners efficiently. I am looking for a simple reproducible passive income strategy that supplements my income and eventually replace my wage income.
Not financial advise but you will find the expertise of an adviser invaluable. My opinion
I have $50,000 USD that I'm considering investing in the stock market. However, I must admit that I lack the knowledge and expertise in this area. does anyone have experience in this field, and I was wondering if you could kindly point me in the direction of your advisor or someone you trust for guidance in making informed investment decisions. Any help or recommendations you could provide would be greatly appreciated. Thank you in advance for your assistance.
I just looked up the broker you suggested on Google and I'm incredibly impressed with her credentials, so thank you for sharing. I'm going to send her an email right away
Thanks a lot. I just googled her up.
@@RickMckee-nq4niMaybe try advisor websites which rank stocks. They cost 200-300 per year. It’s hard to go wrong as long as you diversify.
The system is failing as a result of both government and federal policy. In the next days, the banking crisis would have to be epic and gigantic for the FED to decide not to raise interest rates. This won't happen; an increase and a crash are coming. There will be more negative portfolios this 2nd half of 2023 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder
@@jonash330 Very true, you can be passively involved in the markets and still amass wealth-gains using an investment advisor. I first dabbled in stocks late 2019, just before the pandemic, and that same year gained over 150% with no prior investing experience, basically all I was doing was following directions of my advisor. We are working on a retirement ballpark of $3m and I’m certain my goal isn’t farfetched after subsequent investments and tremendous returns so far.
@@Rachadrian This is striking! could you share info of your advisor, please? i'm in dire need of asset allocation and standing at a crossroads, whether to sell-off or keep holding my positions, my portfolio is retrogressing bad as of late
My financial advisor is 'Vivian Carol Gioia'. I found her on an interview where she was featured Afterwards I reached out to her on her webpage. she has since then provided me with entry and exit points in securities I focus on.
I just looked her up on the internet and found her webpage with her credentials. I wrote her outlining my financial objectives and planned a call with her.
I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown
Agreed, It's essential to diversify your portfolio. While quality stocks are a solid foundation, you should also consider other assets to spread risk. Thankfully, I can attest to the success of this approach aided by professional guidance seeing my portfolio of $330k grow by 15% this year alone... maybe you should do the same.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
A good FA is critical for portf0lio diversification. My advisor is Marisol Cordova who can be found readily and has great understanding of the financial markets.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
One thing people should know is that a crash and bullish market provides equal high-yield potential, it's all about information and strategy application, I've seen folks make huge 7 figure profit in crashing market and pull it off much easily in bull market. Personally I’ve made over $310k this year. There are lots of opportunities in the market, unfortunately people are not utilizing them.
What opportunities are there in the market and how do I profit from it?
@@Karenfloen There are quite a number of undervalued stocks and Defi assets available in the market, get in on them. You can also short the market, there’s a lot that can be done to maximize profit.
@@JefferyRandolph_ I'm very interested in investing and I have good sum of which I'm willing to put in with the right information. Tried investing in stocks myself a few times but I’ve never been in luck picking stocks.
@@Evan_Trevor Having a broker is essential for making high yields investment, portfolio growth and diversification as well as Capital preservation which is just as important as the stocks you buy.
The mistake most newbies make is rushing into trading without adequate knowledge or guide
The only thing you can do is make sure you're ready and plan accordingly because recessions are a natural part of the economic cycle. I began my career during a recession (2009). Aerial acrobatics on cruise ships was my first job out of college. I've developed my own business, am a vice president at a large corporation, own three rental homes, invest in stocks and businesses, and have seen a growth in my net worth of two million dollars over the past four years.
Let's face it, increasing stock and index fund purchases during downturns and bear markets is unnerving. Which makes it very difficult for most people, like me, to do. It's challenging to incur the risk of investing the one million dollars that I have in an S&S.
You are quite correct; they can have a significant impact on a person's portfolio. My first financial advisor for trusts was Camille Alicia Garcia. Her work ethic is acceptable according to the US Investment Act of 1940, and she is verifiable. Her open-book approach lets me completely own and control my portfolio while maintaining very low costs in comparison to the returns on my investment.
*@kristenpierce8661* I've wanted to start investing for a few months, but haven't had the courage to do so because the market has been down for the majority of this year. Please provide additional information about her offerings and how I may feel confident in her skills.
She covers a wide range of subjects, including insurance, retirement planning, investing, and coming up with methods to reduce investment risk volatility. You may look up her full name on the internet. She is popular. Therefore, locating her official website shouldn't be too difficult.
Thanks, I just Googled Camille and was quite impressed with her credentials; I got in touch with her because I need all the help I can get. I just set up a phone call.
Invest early, invest often, stay invested. Buy a good cross section of an economy and you should do well over the long term. The market will be high in 10 to 20 years, and significantly higher in 30. It's almost impossible for a company with no debt to go bankrupt. Canada is about 3% of the global marketplace, U.S. is about 50%, remainder on the globe is 47%. Pay yourself first. It's time in the market, not timing the market. i was led to my first million and i stay untop of the market with my FA Emily Lois Parker. Bulls and bears make money, but pigs get slaughtered.
Amazing well done! Which companies have performed best for you?
I looked up Emily Lois Parker on the internet out of curiosity; she has a strong résumé
@@harrisahmed3066 i'm into large cap companies which have economic moats, large cash flows and strong balance sheets. Some of which are AAPL, MSCI, IUKD, VHYL, SCHD, NVDA and Barclays…
I’d choose expertise any day because finding the right balance between investing and living is very important to me.
People think and plan soo much ahead without knowing tomorrow could be the last day 🙃
Man, you are killing with those adds. You have so much money and still are fuccing around with ads on youtube
Ray Dalio is a brilliant mind. One of my favorite people to listen and learn from.
If you are properly prepared and knowledgeable, every crash/collapse/inflation or recession gives an equal market opportunity. I've seen folks amass up to $800,000 throughout crises and even do it with ease in a terrible economy. Without a doubt, someone has become enormously wealthy as a result of the crash.
She appears to be a true professional in her area. I Googled her and found her website, which I visited and read to learn more about her credentials, academic background, and job. She owes me a fiduciary duty to act in my best interests. I made an appointment to use her services.
I like Bernard Madoff. He has incredible risk taking skills and his fees are frankly a steal.
Sarah, you look like a cigarette smoker .What's your brand hun 😊
His first question was the longest question I’ve ever heard, OMG people should be disciplined when asking questions
Shout out to Ray Dalio! I recognize that voice anywhere after listening to the Audiobooks.
30:00 minutes of the video: "The richer a country gets the more they borrow." I was listening to Dave Ramsey Show this morning and there was a guy that called in and said him and his wife make $1.7 million net a year with their trailer business yet they feel like they're broke. American's have no idea how rich they really are.
One problem in my personal view is that housing has turned into commodity. Housing should be a home for families to grow and thrive in not a cash cow for the few.
Yes it's gentrification and it's outta control! Folks driving lambos living like kings squeezing the f outta folks simply looking for affordable housing. I believe homes should be for living not for generating wealth. Especially when the first time home buyer can't even consider looking due to the insane wealth being squeezed out of real estate today. The government should build non competitive homes at affordable prices this would force real estate investors to compete for those same renters thus lowering prices. This has worked in the past for the UK I believe not sure about the US. These folks in the Whitehouse have no sense of reality as they live lavish lifestyles off our taxes. I believe this is why they don't get it or perhaps they simply don't care.
Two much to ask for. You must be thinking of a society without racism’s, drugs, dictatorship, and greed!😢😢😢😢😢
Ray should run for office or be a house speaker. Rich citizens like Ray won't be bought out by special interest, he would work what's best for the majority. We need more people like Ray.
Love how this is supposed to be an interview, and the first 2.5 minutes is Tom just _WAFFLING_
Tom, you are great. I can tell you research and study topics to stay informed. I love your intensity; you make me laugh and I can go on and on. The bottom line is Thank You!
Singapore also has a high standard expectation for social standards on how people act. You break their laws, you pay a real price.
I hope World war 3 doesn't happen 😢
WW3 is already happening. We thought it would be guns and blazing in the air, sea, and trenches but it's really proxy wars between US and China. Guess who's starting all the wars. Look at Ukraine, Israel, and someone "quietly" arming Taiwan...
It has already begun, just in ways that are not so obvious (pandemic, censorship proxy wars, transfer of wealth, gender ideology, etc.)
THIS used to be one of my most watched YT channels... sadly, it's been a while since i visited it has been a very rough year... i am experiencing one of the toughest phases of my life... Lost a fortune lnvesting in emerging companies. Hopeful, for a turnaround.
You must have been greeedy serves you right. lol.
Investing so much in emerging companies is a ridiculously bad strategy you need to balance your portfolio against risk. Investing must be like the healthy food pyramid. BTW, I commend Adam Brossard Wright's transparent trading method too, best I have seen so far.
You didn't lose unless you sold
Remember you only lose when you cash out me I am hoping Tesla stock hits $1000 or less which it's should between 2023 and 2024 then I am all in!!!
@@amydiscovered2665 what a humanitarian you are.
Ray Dalio is incredible. Thank you for this interview 🙏
Ray Dalio is a sensible genius! And this is a fabulous interview! a pleasure. Thanks.
I've been reading a lot about the potential for a market crash. It's making me nervous.I find myself at a crossroads, uncertain whether to liquidate my $150,000 stock portfolio.
One strategy I've been using is diversifying my investments. Having a mix of stocks, bonds, and other assets can help spread risk
Diversification, a trusted financial advisor, and a cool head during the storm; that's my recipe for success. It just goes to show that smart planning can make a huge difference in the world of investing.. Since I adopted the services of a financial expert, I've attained my most measurable financial milestone of $650k after subsequent investments.
this is quite huge ! what have you invested in ? much more info needed please ...
Nicole Desiree Simon oversees my portfolio, simply do your due diligence. She's an extremely intelligent person, very thoughtful, cautious, and shows a great deal of expertise with over a decade of experience in her line of work.
Thank you for this tip , I must say, Monica appears to be quite knowledgeable. After coming across her web page, I went through her resume and I must say, it was quite impressive. I reached out and scheduled a call
WOW!!!! 5 minutes of continuous ads till I got to the phone !! Stunning
The audio on your productions is always top notch.
I grew up in Connecticut. Its one of the worst places you could ever live.
Singapore has a meritocracy .They don't have people living in the street . Instead of spending on drugs, they save.
An idea for a video would be dividend payers where you analyze large maturing cash cow companies like Google and PayPal that seem to be in the position of starting to payout growing dividends soon. I’m new in investing and still doing my research.
nice idea, I had a financial emergency late 2019 and sold my shares for a healthy profit to cover the expense, still wish I hung on to those shares today and just opened a credit card instead, but then I had no sort of guide or expert counsel
I could listen to ray all day. He maybe early but he’s right. Like dr Michael burry was ONCE
BUILDING WEALTH INVOLVES DEVELOPING GOOD HABITS LIKE REGULARLY PUTTING MONEY AWAY IN INTERVALS FOR SOLID INVESTMENTS. FINANCIAL MANAGEMENT IS A CRUCIAL TOPIC THAT MOST TEND TO SHY AWAY FROM, AND ENDS UP HAUNTING THEM IN THE NEAR FUTURE. PUTTING OUR TIME AND EFFORT IN ACTIVITIES AND INVESTMENTS THAT WILL YIELD A PROFITABLE RETURN IN THE FUTURE IS WHAT WE SHOULD BE AIMING FOR.
Assets that can make one successful in life
1.forex
2.stocks
3.shares
Natural, there's a lot of math involved in forex trading. but this is often presented in forms of daunting technical charts, indicators, patterns.
Trading systems allow you to limit the factor of emotional influence on decision-making, as well as to give the trade a certain degree of systemic character.
People are really making a lot from it! So investing in it wouldn't be a bad idea 💡
Ray Dalio has the most correct understanding of the China Taiwan situation. Thank you for sharing and your enormous contributions to the community! Many greatly appreciate and admire you! Many thanks!
But he doesn't explain why the United States is involved in the issue between the mainland and Taiwan. Suddenly it's just involved.
Fear can motivate but can also freeze. As Ray says, “ Balance” is key to making a well informed choice.
I keep repeating to myself “Balance…”
Love your program. Thanks!
Awesome. Tom, you have the most awesome guests on. Love your inquisitive nature. Economy and trade are the top topics to be interested in. Please have more economists and traders on. Thank you!
The wartime profiteers (e.g. congress) are getting restless, which is scary as hell for the rest of us.
I need a few lives to listen to all podcast I want to hear
Quality conversation and information once again, thank you Ray and Tom!
Market crashes come along with equivalent market opportunities if you are well informed and equipped, I've seen folks amass wealth in the midst of economic turmoil and even pull it off easily in favorable conditions. Invariably, the collapse is getting somebody somewhere rich `
Excellent and Ray is always a great and wise advisor to us all. It seems to be morality, religion sit underneath and undergird all of the things discussed as the ultimate source of authority and direction. Everything else is a moving target based on what one side, group, or person over another. Great episode!
Great video, thank u so much!
OMG so exiting to watch this conversation as I was watching your last conversation earlier today. Keep it comming! 🙏🏻 and love from 🇳🇱
What ever happenned to "cash is trash"? Best advice....."maybe we're all wrong". Basically don't put all your eggs in one basket and hold on tight.
No nation can stand on false weights and measures, IOUs, excessive debt. All nations fall, 100%, who use dishonest credits.
If all the countries are borrowing and money is inflating, then that is how it is. The USA is still better off than most countries.
Love Ray Dalio. Thanks Tom
To combat the negative effect of inflation, it’s a good idea to diversify your portfolio across different asset classes, such as stocks, bonds, and real estate, since this can help protect your portfolio against inflation. I’ve heard testimonies of people accruing over $550k during recessions
For a successful long-term strategy you have to seek guidance from a broker or financial advisor.
I wholeheartedly concur, which is why I appreciate giving an investment coach the power of decision-making. Given their specialized expertise and education, as well as the fact that each and every one of their skills is centered on harnessing risk for its asymmetrical potential and controlling it as a buffer against certain unfavorable developments, it is practically impossible for them to underperform. I have made over $745k working with an investment coach for more than two years.
Interesting, Very Educative Convo, I'm a newbie to this financial world and i would love to know more, if you don't mind me asking Who is this person? Is she worth recommending?
My Financial adviser is ‘’Camille Anne Hector’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. 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
Wow I know Camille. Her platform maintains a unique perspective and is very transparent with their investors. Regardless of whether or not she outperforms i will always stay invested as her methods alone with keeping investors in touch with their strategies and outlooks are something that so few managers are capable of and they should follow suit
Props on including timestamps!
❤❤❤❤❤
You just gonna keep repackaging this old interview every month?
Wef mouthpiece, ray dalio, a major leader in the wef
Yep
You will own nothing and be happy (WEF)...that´s where it´s all heading to.
Is Biden Paul von Hindenburg?
Black rock, Vanguard, and State street.
Only if we let it
Are you saying that you couldn't be happy without owning things?
Best guests on the inet David.. new to these realms.. incredible information.
When Rome became highly endebted and overtaxed, the skilled and the affluent began leaving Rome for the freedom and prosperity of the 'barbarian' lands, which meant Rome's finances got even worse. The solution was the Roman's prohibited skilled workers from moving out of the areas they came from, which created the European feudal system, with the skilled tradesman becoming serfs. The US has already partially done that, as US citizens living overseas are required to continue paying tax in the US.
Yeah - no. This didn't happen.
oh yes it did! Your turn to make a meaningful argument with premises that logically lead to a conclusion, although something tells me that logical argumentation is beyond you and you only know how to do childish naysaying@@heironymousnevs
I have EVERY BOOK of Ray's ❤❤❤❤❤❤❤❤
When he was saying
-children shouldn’t go below a certain level.
-treat one another civil.
I immediately thought Racism and Sexism is holding us all back. As Americans we are not homogenous and so we argue and fight one another but it’s killing us because certain people are push out of the opportunity to “Make more than they spend.”
Americans are extremely unique in this way. Almost like a failed experiment.
i'd argue political divide is causing 20x the negative consequences that racism/sexism is.. Put a white/black guy in a room and watch them talk like normal humans. Now put a trump/biden hat on them and watch them either stop talking or turn on each other.
American CITIZENS does not aware of the United States federal government bankruptcy act, that's the reason why AMERICAN CITIZENS were the MOST PITIFUL PEOPLE on EARTH.
Does AMERICAN CITIZENS knew that America belongs to the INTERNATIONAL BANKERS and NOT THE AMERICAN CITIZENS under the United States federal government bankruptcy act.
I would love to see an interview with you and Peter Zeihan.
Its a weird coincidence that this interview came out the same day that the book "the fund" came out. Its a biography on Ray showing who he really is and how those principles actually worked out.
It’s never a coincidence lol
Yes the neverending, always changing, principles.
No it didn't. No coincident. This video came out 1st time in August and gets reposted.
Bring Vivek on
For a good laugh, can you bring on a government expert to tell us how everything is fine😮 it would be so funny as we know it's not.
Love Dalio!!
Your content is amazing!! Thank you Tom for continuing to work on making our world a better place. Giving us different perspectives and educating us!
Well said
Tom has the most ads. And best content.
Had really hoped that this channel was above these click bait titles like so many other sub par youtube finance channels
I'm glad I got into crypto when I did because it’s been a turning point for me financially, been my best decision so far.
I began my investment journey at the age of 38, primary through hard work and dedication. now at the age of 42,I'm thrilled to share that my passive income exceeded $100k in a single month for the first time.this success reinforces the important of the advices mentioned earlier. It is not about achieving quick wealth but rather ensuring long term financial prosperity.
Inspiring! Do you think you can give me some advice on how to invest in a healthy way as you are doing?
Bitcoin has been falling for a while now and could fall further or close to rise again. The truth is that no one knows, I believe it's the right time to buy and also get a pro's assistant
I will recommend my current trader Mrs Adria Siewert, she is from USA and her strategies are earning a lot profit for me..
wow.. amazing to see others who trade with Mrs Adria Siewert, i'm currently on my 5th trade with her and my portfolio has grown tremendously.
also :From a Protestant nation with strong morals and values, we find ourselves in a state of utter confusion and a nearly absent middle class. What path are we charting as a country? Do we truly understand the principles we stand for? It is disheartening that we seem oblivious to having forfeited the respect of the world, with our leadership competence no longer acknowledged.
Ray Dalio is one of the world's good guys and appears to have scaled to the top of Maslow's hierarchy of needs - shame he wasn't running the country. Though not gonna lie - I followed his investment advice when Covid kicked in cause of sensibilities and got destroyed. He is firmly embedded in OG principals which is so so important but sort of seems behind the times and too detached from the disruptive transition that is happening before us like web 3...
I don't think people feel like it's as bad as 2020 because we were going thru lockdown and unnecessary mandates back then that now is fading in our memories.
The only American who won't acknowledge this Administration's failed economic policies is Joe Biden. "Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?
I would avoid index funds, mutual funds, and specific stocks for the time being. Right now, the best option is a fixed income of five percent. Put money aside for the times when the market really starts to bounce back.
Please let us know which Roman emperor was responsible for the eventual fall of Rome .. your assertion is juvenile and crass .. no single president has caused this economic catastrophe
Cause effect 2:03:24
Dalio is always careful bc he lost a bit fortune during the 80s. I wonder what his thoughts are about living in Taiwan The INTL community things its dangerous but the people here are very chill right now.
Yes. Closer to "all his fortune" and had to fire all the people
The first 3 min of Ray stone faced cracks me up hahaha.
Ok let’s see how we fix these issues:
2 parents in the home - remove the government from the equation and women will think twice before becoming a single mothers. They will value more men and will do anything to make it work. Substitute child support for share custody mandatory.
Education - again removed the government from the equation at all levels. The private sector will complete for your children in terms of tuition and content. This will bring prices of education down.
Eliminate the home property taxes portion that goes to education because the private sector is taking care of it.
Doing this more kids will grow in a 2 parent home and will have the best possible education.
What I'm hearing is the best solution is to have commander and chief that is a successful business man, say... Trump? Trump 2024 baby! Give our country what she needs
Jan. 6th didn't bother me in the slightest. If you have a problem with the government, that's where you're supposed to go. Not looting random stores.
Love you Tom!!! Appreciating the way you think, all that you do, and everything and everyone you give us access to. 🙏🏽🙏🏽🙏🏽
Tom I do not agree with you some of the time, but I do respect you and how you move through life. I believe Ray Dalio is a mad genius...And for those of us with no debit and all of my concerns are met whether it is medical, food, insurance, savings, cash on hand, real estate, meaning have renters. For for the last 45 years has the sky always been falling? Tom will you consider renaming your channel to CLN??? You know the Chicken Little Network because the sky is always falling for you...Lmao GTHOH...
I agree it is always raining here on this channel.
😂🎉😂🎉dumb azz it is bad...
Unless you got million up your azzz😂🎉😂
Let your guest speak - it’s them we want to hear, not you.
Live Ray but get a bloody speech coach mate..... please
Thank you!!
Tom is a bit of a paranoid worrier to say the least....
"Only the paranoid succeed", Tom Bilyeu
@@leedsdrumacademy Not entirely true, sure the eternal pessimist sees the problems ahead more often but they do not exclusively succeed.
Maybe he knows something we dont
@@goober-ll1wxI was simply validating your original comment. Yes, Tom is paranoid. :)
@@leedsdrumacademy Have you seen what's going on in the world? If anything i think people are way too complacent with huge normalcy bias.
Revolution here we come! 🌏
institutional buying into ARZ99X could totally break the cycle and the peak expectation of end of 2025 will likely spectacularly fail to appear. If the last double peak was odd, the next one will catch most people out again.
Dalio is a great human. Amazing person! Thank you Tom. Just subbed
Im DCAing in ZET400X as well. ETH heavier DCA and ALGO. Im taking your advice and starting Google tomorrow with a 50 dollar purchase and continuing Microsoft and Apple. VTI and VOO on another app and longterm portfolio. Here we go family!
Her needs to be president !!
Im staying in ARZ99X till after ETFs being approved and will move into alts after that...
Scammer
So stupid it's funny. Just shut up and take my money
Scammer!
Hope that you find love in your life one day
Have to appreciate Ray Dalio giving his time
I really appreciated this video, as a medium-term ZET400X holder. I know you commented on not many people paying attention to this, but it was very relevant for holders such as myself. After watching your thoughts, I willbuy more. I also remember your ear
Greetings! How can I find out more about ZET400X and which platform should I invest in it with? Thanks for you help.
Thanks Tom and Ray for your insights
Im betting ZET400X will perform well, it havent had a cycle yet and they have a strong community on both, and ZET400X update will make rollup fees even lower. Just my 2 cents. Great video goodvibes
Fantastic insight! Thanks Ray D. That guy has amassed some wisdom. He makes a compelling case for embracing a moderate approach. I need to learn exactly what uncorrelated assets are. I have a vague idea, but no practical idea how to execute on that.