Biggest lesson i learnt in 2024 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.
My advice to new investors: Buy good companies stocks and hold them as long as they are good companies. Just do this and ignore the forecasts and market views which are at best entertaining but completely useless.
The key to achieving substantial returns isn’t chasing big-moving stocks; it’s about managing risk relative to reward. Position sizing is crucial, and consistently applying your edge as often as needed to reach your goals. This principle applies to everything from long-term investing to day trading.
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
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 Melissa Terri Swayne for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my inherited portfolio of about $2.5m. I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.
True, I mostly just buy and hold stocks, but my portfolio has been mostly in the red for quite awhile now. Unfortunately to be able to make good gains, you’ll need to be consistent and restructure your portfolio frequently.
In my opinion, it was much easier investing back in the 60s but it’s a lot trickier now, those making consistent profit in these times are professionals reason I’ve been using an advisor for the past 5 years to consistently build my portfolio in preparations for retirement.
My CFA "judith Lynn Staufer" , 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 found her profile online and reviewed her credentials. She has a lot of relevant experience. Thanks for sharing her information! I've already sent her an email to get in touch.
My portfolio for the past 30 years has always been self managed and I own 3 shares of Berkshire Hathaway Class A stock (BRK:A) which I bought in at about $17,000 during the mid 90s, I'm currently liquidating some of these positions to incoporate new Gen. Stocks, but am I better off re-investing into Gold as it seems stocks are a little too unstable right now.
The market is not necessarily a rollercoaster if you know your way around the market, there are various opportunities in the present market to accrue good profit, If you are not too savvy with the market, just buy and hold on strong companies with good earnings, or consult with advisors on Etfs and actively managed funds. I am up by 418% in 1 year under guidance.
Awesome.. Please I would love to know or get in touch with your investment advisor. I could really use such expertise in growing my portfolio now that the entire markets is uncertain
“Rebecca Nassar Dunne”’ is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I appreciate it. After 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.
The continuously changing economic conditions in our society have made it necessary for thousands of peopleto find additional sources of income. Personally, I am looking at the stock market to fuel my retirement goal of $2m, my concern is the recent market crash.
buying the dip has proven to be profitable although for majority, the solution to their problem can be found only in specialized knowledge hence they seek guidance from well experienced advisors
Agreed, despite my rookie knowledge of investing, I have a financial advisor who did the trick in a bit more than 6 months after a lump sum capital of $500k, and I've so far made a fortune. I'm now buying real estates, gold and silver as advised by my FA.
truly appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Vivian Jean Wilhelm a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance
Remember that day well. I had quit my job after 10 years, sold my house and everything I owned on the mainland and relocated myself,wife and two kids to Hawaii two weeks earlier. With no job or anywhere to live. Panic? No. Short term my portfolio was pennies. Held on and rode the wave back up. Today retired and still living in Hawaii.
500 billion dollars worth of capital didn't vanish. It was transferred and consolidated from people's life savings into the accounts of a handful of institutions.
And that sums up what the markets really are. A wealth transfer machine for the elite under the guise of a means for people to build wealth when its quite the opposite.
I'm not kidding when I say that the market crash and high inflation have me really stressed out and worried about retirement. I've been in the red for a while now and although people say these crisis has it perks, I'm losing my mind but I get it Investing is a long-term game, so focus on the long run.
I can’t focus on the long run when I should be retiring in 3years, you see I’ve got good companies in my portfolio and a good amount invested, but my profit has been stalling, does it mean this recession/unstable market doesn’t provide any calculated risk opportunities to make profit?
There are a lot of strategies to make tongue wetting profit especially in a down market, but such sophisticated trades can only be carried out by proper market experts
I agree, my profit has been consistent no matter the market situation, I got into the market early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2020 this time with guidance from an investment adviser that was recommended by a popular economist on a subreddit, long story short, its been 2years now and I’ve gained over $850k following guidance from my investment adviser.
Definitely! All of this happened in less than a year after Natalie Lynn Fisk told me what to do. I started with less than $100,000, and now I'm about 17,000 short of having a quarter million dollars.
Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid crisis, and even pull it off easily in a favorable economy. Unequivocally, the bubble/collapse is getting somebody somewhere rich
I think investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
You are completely right, Advisors have information and paths that are not disclosed to the public.. I profited £560k in 2022 under the tutelage of my Fiduciary-counselor. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.
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
Monica Shawn Marti 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 really appreciate your useful advice. I was able to set up a call with her and confirm her identity. She seems incredibly knowledgeable, and I appreciate your advice so much.
Crash fatigue is showing with most people. Most are so tired of hearing about the worse even though its true. We are being boiled slowly in the pot! I want to diversify my $80k portfolio.
I completely agree. It's not just about the dividends or profits, Diversifying a portfolio can be a smart move and i always advise one gets a professional to help out.
The issue is most people have the “I want to do it myself mentality” but not equipped for a crash that comes afterwards. Ideally, advisors are perfect reps for investing jobs and at first-hand experience, my portfolio has yielded over 300%, summing up nearly $1m, since covid outbreak to date
‘’Aileen Gertrude Tippy’’ is the licensed advisor I use. Just search the name. You’d find her webpage and necessary details to work with to set up an appointment.
Investing in the stock market has HISTORICALLY provided higher returns than other forms of investment. According to Morningstar, the average annual return for the S&P 500 index, which measures the performance of 500 large-cap stocks, was approximately 10% from 1926 to 2020.
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance
I agree that many people are considering NVDA as the "Stock of the year." However, I'm curious about which stocks could potentially become the next Nvidia in terms of growth over the next decade. I've allocated $200k for investment, aiming to retire comfortably.
I think the next big thing will be A.I. For enduring growth akin to Nvidia, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective consider financial advisory for informed buying and selling decisions.
Facing a similar situation, I sought advice from an CFP. Through portfolio restructuring and diversification with good ETFs, S&P 500 and growth stocks, I've turned my portfolio around from $200k to over $800k in a few years.
She goes by Vivian Jean Wilhelm I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
What happened is the options desks were not picking up the phones so options representing a basket of stock were being liquidated forcing a sell off on equity.
3) Look at all the middle men sucking the value out.... Balanced by our tax dollars being loaned to Banks to shore up the value. Today most pension plans are invested in the stock market, are you okay with that?
Keep some money set aside. I find the easiest time to do this is when a stock has been on a run and plateaued. At that time take most of your money out and monitor the stock price. Jump back in when you see it moving again.
I wonder if people that experienced the 2008 crash had it easier because this market conditions are driving me to insanity, my portfolio has lost over $37500 this oct. alone my profits are tanking and I'm don't see my retirement turning out well when I can't even grow my stagnant reserv.
You have to get a financial-advsor/broker to aid you diversify your portfolios to include commodities, inflation-indexed bonds and stocks of companies with solid cash flows, as opposed to growth stocks where valuations were based on future potential earnings
The 2008-09 crash saw markets fall, wiping out trillions of dollars around the world, but savvy investors recognized a once-in-a-lifetime buying power, with companies' stocks on the market at deep discounts. With markets recovering from the Great Recession, these investors realized tremendous gains from their assertive maneuvers. I'm no savvy-investor, but the one method I've relied on to gain rapidly during times like this is having an asset-coach guide me. It may sound cliche, but I've been able to pull off over $750k this year alone using just this single method.
@@Patriciacraig599 Having a coach is key in a volatile market, My advisor is “Susan Agnes Hancock” You can easily look her up, she has years of financial market experience...
@@FeliciaJudge I just looked up Susan Agnes Hancock online and researched her accreditation. She seem very proficient, I wrote her detailing my Fin-market goals and scheduled a call
I was a senior in high school when this happened. I remember waking up and turning on the TV. It was the big news story of the day. Didn’t think anything of it. It didn’t affect my life whatsoever. 2008 was a much more devistating crash.
It didn't effect you because you didn't know what it meant back then, same as me. I know understand the impact of a crash in the market. That's why I have other small investments for myself. And other things.
I lived thru this. I was working on Wall St myself at the time. Do yourself a favor and bring up a chart of the DJIA that includes 1986 thru 1988. You'll see that what was lost was only the gains from Jan. 1987 to Oct., and then the market began to continue back up. I snoozed thru it. I was not alone.
You did well. The future may be different. An issue occurs when a crash happens and people are older. They may not be able to live long enough to recoup what they planned on for retirement. Location, Location, Location for real estate. Timing, Timing, and Timing for recovery of stocks. When America's baby boomer generation hits retirement en masse we face an additional issues. I don't know of a precedent for this combo.
@@angusmeigh5141 You are correct Angus. This is going tobe a word wide nightmare no matter how well you are prepared. Stay safe. Kind regards from Ireland. Kate 👱♀️💕💕
Instead of trying to predict and prognosticate whether or not we’re going into a recession and precisely when it’s going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.
The US-Stock Mrkt had been on it’s longest bull-run in history, so the mass hysteria and panic is relatable considering we’re not accustomed to such troubled mrkts, but there are avenues lurking around if you know where to look I’ve netted over $850k in the past 10months.
@@Robertgriffinne Believe it or not I’m as new to the market as it gets, only thing I do is basically follow the footsteps of an investment-advisrr that guides me, her name is CORINNE CECILIA HEANEY, she’s a quite known advisr, so you can googel and read on her.
it fits the vibe of the era quite well actually, certainly not how todays version would sound for sure but it does match the time in my opinion. numbers were not so big back then!! like, people had not lost their minds yet! haha
I was completely oblivious of this crash. In fact, 1987 and 1988 were two of the best financial years of my life. In 1987 I bought a new car, (which I still drive to this day), and in 1988 I bought my first condo home and completely new furnishings. I still have and use those same furnishings. I'm sure they don't make them like they used to...
It's strange how the 87 crash wasn't immediately followed by a huge recession like 1929 and 2008. The downturn in 1990-1992 was mainly due to the S&L crisis and the gulf war.
I was in my 20's and had several thousand in mutual funds. Monday hits and the crash takes it's toll. One of my mutual funds switched to cash after Monday and I never made my money back. How dumb was that?
I was working in the cash management dept of a large company. We watched the market crash in real time on our Tellerate machine which was state of the art then. I went to school after work, and tried to study at the SUB before my class, but I couldn't because I knew the sky was falling. I looked around and was amazed that everyone was just going about their lives as normal. No one else seemed aware that the world was ending.
I was born in 1969 and I don't hold the memory that the economy was that great in the 1980s. My parents farmed and that did not go well. My first job off the farm was retail. When the stock market crashed the company lost it's operating capital. Our stock became "junk bond." status. They ended up selling the company to a competitor's retired CEO. The company basically juggled its books for 2 years and declared bankruptcy in 1989. They try to downplay the stock market crash of 1987 and the Saving and Loan collapse as insignificant events that happened. Although not everyone faired well in trickle-down economics.
the vast majority of people didn't fair well. Since the 1980's the average American works significantly more hours for significantly less pay with significantly more debt even when adjusted for inflation and the trend gets worse almost every single year since.
Trickle down economics are a failure (or just outright wrong assessment of how a capitalist economy works). Look at productivity vs wages in the USA. Wages stopped following productivity starting from the late 1970s
Tech stocks took a pretty good hit. My company Texas Instruments sold for about $200 a share in 1987, then melted down to around $24. It finally stopped retesting $24 in 1991. After that it pretty much kept rocketing up for the next 9 years.
When he said no one was talking about it at the diner and it must just be confined to his own little world, I felt that. Trading consumes, it's good to step away from time to time.
These little crashes seem so quaint today, especially after having lived through 3 "once-in-a-lifetime" crashes and subsequent bear markets since the year 2000.
17:19 112 million shares lost in the system lol.. I think those were shares that didnt even exist and this is an early case of naked shorting being documented..
When I saw corona going down with the Chinese factories shutting down I moved my entire 401k to bonds. I was heavily critiqued by my friends and family. I held bonds from 29,000 to 19,000 when it went back up to 23,000 I fully bought back in. Think I added $75,000 to my 401k with that maneuver. All the financial mistakes I made over the years were made up by that. Probably will never happen again guessing the market the way I did.
I became a Broker in Aug 1987. I remember people crying in my office this day. Me....I was on the phone cold calling, screaming at all the Brokers to get on the phone and have some balls. Man, looking back on that I laugh. Even then, at 20 yrs old, I was relentless in my passion for the stock market. It's 2018, and I'll still a trader. I never stopped.
If you speak to anyone for long enough, at some point they will tell you how they changed the world or saved us from the brink of disaster, yet nobody really claims responsibility for causing said disaster.
Let me tell you my story, all true. Years ago way out in the bush i encountered an alien space ship and was captured. One of them spoke English and told me they were going to destroy life on earth by deploying gamma ray satellites. I summoned up the most heartfelt reasons why they should not and, even though humanity will probably end up destroying itself, we deserve a chance to survive to beat the odds. They listen intensely at my argument and with a short reply said, OK. They let me go and flew off back into outer space. That day I saved the world.
What are the best strategies to protect my portfolio from a crash? I've heard that the market crash will devastate the financial market, so I'm concerned about my $200k portfolio.
Amidst recession, investors need to understand where and how to allocate funds to hedge against downturns and still make profits. if you can't navigate the market you should consult with an expert advisor
The US-Stock Market had been on it’s longest bull-run in history, so the mass hysteria and panic is relatable considering we’re not accustomed to such troubled markets, but there are avenues lurking around if you know where to look I’ve netted over $450k in the past 10months.
I remember that. Just just started my 401k that summer. I think the Dow was about 1200. Just left it alone and kept reinvesting while others bailed out and sold. As of yesterday my Roth 401k is about 1.2 million. I also bought 3 shares of Berkshire Hathaway back then for about $6k I think. And my ExxonMobile has doubled to around 23k shares and several thousand percent return with the growth,splits,and dividend reinvestments.
You did well. The future may be different. An issue occurs when a crash happens and people are older. They may not be able to live long enough to recoup what they planned on for retirement. Location, Location, Location for real estate. Timing, Timing, and Timing for recovery of stocks. When America's baby boomer generation hits retirement en masse we face additional issues. I don't know of a precedent for this particular combo.
It sounds good but it's not really for an average Joe. Based on my calculation, DJ from 1987's crash to today (02/28/18) has increased 8.95% apr. Assuming average inflation 3.5%, you had to invest consistently $1,250 per month or $15K per year today's money for the last 31 years in order to come up with $1.2 million. It's a lot of money!
As of today July 29th, 2019, the DJIA closed at 27,221.35. For the equivalent percentage of what transpired in 1987 to today, the DOW would have closed at 21, 069.32. Thats over a 6000 point drop. That is ASTRONOMICAL.
@@Hyena58 I can't tell if you're being sarcastic or genuine because on one hand, sosodef's comment is on the nose but on the other hand, it could have been, and still could be, a lot worse than last week!
moral of the story; FED intervened and fucked things up. It was the market itself that solved the problem. Don't forget, there is always a buyer at the correct price. People don't turn away the chance to make money.
Despite the fact that stock prices fluctuate, what is the best method for capitalizing on the current market? I'm still undecided about investing $400k in my stock portfolio.
The market is volatile at this time, hence I will advice you get yourself a financial advisor that can provide you with entry and exit points on the share/etf you focus on.
I was recently through an investing nightmare during the crash in march 2020. With the assistance of my advisor I have so far grown my dwindling portfolio of $145k to $480k
How can one get a decent investment advisor? I wouldn’t mind getting in touch with yours. In few years I will retire and my portfolio will definitely need some management.
There are a lot of independent advisors you might look into. But i work with Nicole Desiree Simon, and she is excellent. You could proceed with her if she satisfies your discretion. I endorse her
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
The narrative was wrong, the crash was due to computerized selling triggers. Once one system issued a sell, they would all start selling. The computer program was designed around very basic scenarios which did not reflect real life. Therefore it failed. As you can see afterwords the market indexes returned to their normal levels once the computer systems were turned off and manual processes resumed. Even in the 80s the software and hardware were very primitive. Imagine running a 1980s 10-12 megahertz CPU vs 4 gigahertz CPU today.
i recall being outside the melbourne exchang and met a friend who said 'that the last 2 years saving gone' i also recall the australian fall was twice the us
Digger D : Kind of have to agree, there will probably always be corrections and BEAR markets, it's just a matter of how bad it gets and how long it lasts.
I remember watching Wall $treet Week with Louis Rukeyser after this when I was 15. That episode is still available on YT. I remember Lou telling his viewers not to panic, not to sell, and that this would not be like 1929, that the markets would recover; and they did, good old Lou.
The 1987 crash was not really a crash but only a minor correction. I recall being in college at the time and hearing the news and my economics teacher made fun of the crash and stated it was a glitch and the market would be back at it's current level in a few weeks. Turned out he was right. When we later asked him how he knew this he simply stated ignore what the market is doing and ask yourself is the economy fundamentally sound and if the pe ratios make sense or not and what the debt levels are of the nation in question.
I was 26 in 87. i had a business that i just closed. I was always interested in the stock market, but knew nothing about it. I saw what was going on that September and saw it was not sustainable, something bad was going to happen. i decided to not go in the stock market. It was obvious to me something was going to happen. I don't understand why these guys didn't see this.
Every crash, l was able to own more stocks which l like and l hold the upper hands when the bull came back. You will be surprise how crazy the prices shoot up after the crash. Holding power is the key to buy in a crash.
Markets are controlled by a select few. Cash doesn’t just vanish (doesn’t go to money heaven) just gets transferred to those select few winners, and those losers walk away with major losses.
I'm glad I own my house and have no mortgage. The stock market is just a scam where someone convinces you that you can have something for nothing and they give you nothing for something.
you are buying the productive potential of a company when you purchase it shares. that aint nothing unless the company produces at a deficit (something a look over the balance sheet exposes). i own my house too.
@@tragicslip Well said T. Ditto on housing, so that could be your next best investment, pay back your mortgage. Retire debt, live frugaly, be thrifty and save but you can buy wonderful companies if you do your homework like Mr Buffet did when he was young. He researched and bought well, but he knew what he was buying because he studied his targets well!
$500B in capital got wiped out due to that 20% fall and then on 20th Oct 1987 at 11:23 am it got reverted by a buy contract of 150 MMI contracts.... wonderful documentary overall...
I owned puts on that day. I saw the market WAS DOWN SERIOUSLY , So I entered orders to sell the puts . They were OEX puts. They were deep in the money by hundred of points. I expected to get paid $100-$200 per put. Instead I got filled 3 days later for the same price I had paid for the puts. Yes $5-$10.
The next big crash will be £ Trillions not billions. Some people will walk away with Trillions. Billionaires will become Trillionaires. Have cash ready to buy.
the next crash will commoditize the entire human condition. and then those who have been hoarding and keeping from public gravity drive and other technology will enjoy wide fruitful plains .... after 40% of the world goes without water......................
Altria, Verizon ... whenever they were available 40% below their then all-time highs, you got them for a good price. Reinvest the dividends, and the cake grows bigger over decades. Obviously, there'll never be a "get rich quick" system that actually works, superhighrisk will mean total ruin for 99% of investors because there are no high returns available without taking on high risk (Finance 101). But with quarterly dividends, the best thing for a new investor who can save would be a crash in the american stockmarket, because its long-term trend is up and quality companies like Altria and Verizon will continue to do well.
I was working as a stock broker on that day. This crash was caused by Greenspan, program trading had very little to do with it. I loved Reagan but Greenspan was a big mistake. The man was completely incompetent. It should be pointed out that the 1929 crash was also caused by incompetence at the Fed.
Sean Hannity the other day mentioned (yet again) how Reagan ushered in unprecedented prosperity. LOL. I was in the Army under Reagan. We were allowed one magazine for our M-16s for training. In Field Artillery School they cut out the portion of training involving observing artillery fire from the air to save money. They did away with a program where a couple of reserve officers per class would be offered active duty. I voted for Reagan, and I don't regret it. I'm just sick of all the fawning BS from the right. He wasn't some kind of god. He talked a good game, though. ALL of these pols are bullshitters. Sometimes they get lucky with the economy, sometimes they don't.
The 1929 crash was not due to the Fed. There were no laws requiring publicly traded companies to disclose anything so that investors were flying blind. It was pure and total gambling. That's why the Securities and Exchange Acts of 33 and 34 were made law. However, we seem to now be in a time that people are just speculating because they can't be bothered with reading about the companies they are buying stocks in. Can't totally protect people from themselves.
I was 8 years old in 87. Life was great in the 80s. I really do not recall the stock market affecting my life or my parents life. 08 was far worse. In 08 and the banks who were going bankrupt as well as some of the biggest companies in the world like AIG. Lehman and Bear Stearns both cease to exist. Millions of ordinary Americans lost homes in 08. So I don't even think 87 can even compare to 08
Biggest lesson i learnt in 2024 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.
Could you kindly elaborate on the advisor's background and qualifications?
Just research the name Rachel Sarah Parrish . You’d find necessary details to work with a correspondence to set up an appointment.
I searched for her name on the internet, found her page, and reached out via email to schedule a conversation. Thank you.
My advice to new investors: Buy good companies stocks and hold them as long as they are good companies. Just do this and ignore the forecasts and market views which are at best entertaining but completely useless.
The key to achieving substantial returns isn’t chasing big-moving stocks; it’s about managing risk relative to reward. Position sizing is crucial, and consistently applying your edge as often as needed to reach your goals. This principle applies to everything from long-term investing to day trading.
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
That's impressive ! I could really use the expertise of these advisors.
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 Melissa Terri Swayne for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my inherited portfolio of about $2.5m. I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.
True, I mostly just buy and hold stocks, but my portfolio has been mostly in the red for quite awhile now. Unfortunately to be able to make good gains, you’ll need to be consistent and restructure your portfolio frequently.
In my opinion, it was much easier investing back in the 60s but it’s a lot trickier now, those making consistent profit in these times are professionals reason I’ve been using an advisor for the past 5 years to consistently build my portfolio in preparations for retirement.
My partner’s been considering going the same route, could you share more info please on the advisor that guides you?
My CFA "judith Lynn Staufer" , 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 found her profile online and reviewed her credentials. She has a lot of relevant experience. Thanks for sharing her information! I've already sent her an email to get in touch.
My portfolio for the past 30 years has always been self managed and I own 3 shares of Berkshire Hathaway Class A stock (BRK:A) which I bought in at about $17,000 during the mid 90s, I'm currently liquidating some of these positions to incoporate new Gen. Stocks, but am I better off re-investing into Gold as it seems stocks are a little too unstable right now.
Invest in real estate, gold , ETfs and high-yield savings account.
The market is not necessarily a rollercoaster if you know your way around the market, there are various opportunities in the present market to accrue good profit, If you are not too savvy with the market, just buy and hold on strong companies with good earnings, or consult with advisors on Etfs and actively managed funds. I am up by 418% in 1 year under guidance.
Awesome.. Please I would love to know or get in touch with your investment advisor. I could really use such expertise in growing my portfolio now that the entire markets is uncertain
“Rebecca Nassar Dunne”’ is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I appreciate it. After 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.
The continuously changing economic conditions in our society have made it necessary for thousands of peopleto find additional sources of income. Personally, I am looking at the stock market to fuel my retirement goal of $2m, my concern is the recent market crash.
buying the dip has proven to be profitable although for majority, the solution to their problem can be found only in specialized knowledge hence they seek guidance from well experienced advisors
Agreed, despite my rookie knowledge of investing, I have a financial advisor who did the trick in a bit more than 6 months after a lump sum capital of $500k, and I've so far made a fortune. I'm now buying real estates, gold and silver as advised by my FA.
truly appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Vivian Jean Wilhelm a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance
1987: -22% omg it's the end
2021: -60% meh diamond hands
HODL, BTFD, _____ to the Moon. 🤣
My Cryptos: -95%
Me: puts back in original investment, and promises not to diamond hands.
*diamond hands anyway
This is very very true
Burry was down -114% with his shorts in 2006. Goes to show that DD and patience really pays off.
Dudes couldn't handle the FUD back then.
Remember that day well. I had quit my job after 10 years, sold my house and everything I owned on the mainland and relocated myself,wife and two kids to Hawaii two weeks earlier. With no job or anywhere to live. Panic? No. Short term my portfolio was pennies. Held on and rode the wave back up. Today retired and still living in Hawaii.
Nice, if this ever happens I just have to remind myself that my stocks have real earnings, people need to buy the products that my companies sell.
Which stocks do you have in the portfolio? I am so nervous if another Black Swan happens and prepare to switch to safer stocks.
I am a new investor. You don't know how much this comment just inspired me. You have to be resilient and hang on until things get better... literally.
Yes hold on it will come back,only buy blue chip shares.
DIAMOND.HANDS.BAYB
500 billion dollars worth of capital didn't vanish. It was transferred and consolidated from people's life savings into the accounts of a handful of institutions.
And that sums up what the markets really are. A wealth transfer machine for the elite under the guise of a means for people to build wealth when its quite the opposite.
@@smokelord2002 I mean sure if you have toilet paper hands🧻 Or dont hedge your positions
Yeah but no one forced them to sell. So 🤷🏻♂️
@@smokelord2002 someone is bad at investing
Only if you sold. If you just rode it out, or better yet bought more during the dip, you was just fine.
I'm not kidding when I say that the market crash and high inflation have me really stressed out and worried about retirement. I've been in the red for a while now and although people say these crisis has it perks, I'm losing my mind but I get it Investing is a long-term game, so focus on the long run.
I can’t focus on the long run when I should be retiring in 3years, you see I’ve got good companies in my portfolio and a good amount invested, but my profit has been stalling, does it mean this recession/unstable market doesn’t provide any calculated risk opportunities to make profit?
There are a lot of strategies to make tongue wetting profit especially in a down market, but such sophisticated trades can only be carried out by proper market experts
I agree, my profit has been consistent no matter the market situation, I got into the market early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2020 this time with guidance from an investment adviser that was recommended by a popular economist on a subreddit, long story short, its been 2years now and I’ve gained over $850k following guidance from my investment adviser.
I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you
Definitely! All of this happened in less than a year after Natalie Lynn Fisk told me what to do. I started with less than $100,000, and now I'm about 17,000 short of having a quarter million dollars.
Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid crisis, and even pull it off easily in a favorable economy. Unequivocally, the bubble/collapse is getting somebody somewhere rich
I think investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
You are completely right, Advisors have information and paths that are not disclosed to the public.. I profited £560k in 2022 under the tutelage of my Fiduciary-counselor. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.
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
Monica Shawn Marti 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 really appreciate your useful advice. I was able to set up a call with her and confirm her identity. She seems incredibly knowledgeable, and I appreciate your advice so much.
Crash fatigue is showing with most people. Most are so tired of hearing about the worse even though its true. We are being boiled slowly in the pot! I want to diversify my $80k portfolio.
I completely agree. It's not just about the dividends or profits, Diversifying a portfolio can be a smart move and i always advise one gets a professional to help out.
The issue is most people have the “I want to do it myself mentality” but not equipped for a crash that comes afterwards. Ideally, advisors are perfect reps for investing jobs and at first-hand experience, my portfolio has yielded over 300%, summing up nearly $1m, since covid outbreak to date
That's impressive! I could really use the expertise of this advisors because my portfolio has been down bad. Who is the person guiding you please?
‘’Aileen Gertrude Tippy’’ is the licensed advisor I use. Just search the name. You’d find her webpage and necessary details to work with 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.
Investing in the stock market has HISTORICALLY provided higher returns than other forms of investment. According to Morningstar, the average annual return for the S&P 500 index, which measures the performance of 500 large-cap stocks, was approximately 10% from 1926 to 2020.
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?
Vivian Jean Wilhelm is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance
I agree that many people are considering NVDA as the "Stock of the year." However, I'm curious about which stocks could potentially become the next Nvidia in terms of growth over the next decade. I've allocated $200k for investment, aiming to retire comfortably.
I think the next big thing will be A.I. For enduring growth akin to Nvidia, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective consider financial advisory for informed buying and selling decisions.
Facing a similar situation, I sought advice from an CFP. Through portfolio restructuring and diversification with good ETFs, S&P 500 and growth stocks, I've turned my portfolio around from $200k to over $800k in a few years.
Your CFP must be really good, I hope it's okay to inquire if you're still collaborating with the same CFP and how I can get in touch with them?
She goes by Vivian Jean Wilhelm I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
Thank you! I entered her full name into my browser, and her website came out on top. I filled her form and i hope she gets back to me soon.
Safe to say those people didn’t have diamond hands
lol
I didn't realize how common paper hands were back then
Buy the dip
@@houstondogbehaviorandtrain5430 The problem is always identifying whether you're at the dip, or half way down the slope ;)
What happened is the options desks were not picking up the phones so options representing a basket of stock were being liquidated forcing a sell off on equity.
Now I trade stock sitting on my toilet
Beautiful
‘Merica.... 🥲
I just shorted ARK on the shitter...
Same and its glorious
Same🔥🔥🔥🔥
6:56 "This was an era when we still thought news was relevant" So true!
LOL
Only irrelevant to people who have their nose buried in screens.
@@scottielambert9312 ok boomer
The only relevant news that's mattered for the most part for the last 20 years is "what will the Fed do." But for how much longer?
I wasn’t even aware there was a stock market crash in 1987. I was just graduating high school.
600 points :DDDDDD nowadays its dropping 600 points on daily basis. people should start talking percents not points.
it was a big % drop not just a point drop
23%
@@RockawayBeachNY Exactly. He doesn't consider the volume.
Watch 6:28 it says the dow was at record high of 2722
exactly!
There are a few things to learn here. 1) Don't sell in a panic. 2) Look for stuff to buy when the opportunity arises.
I actually started investing seriously when the market crashed in 2020.i made so much money
3) Look at all the middle men sucking the value out.... Balanced by our tax dollars being loaned to Banks to shore up the value. Today most pension plans are invested in the stock market, are you okay with that?
@@derrillyager7946 yep, I'm okay with it.
Keep some money set aside. I find the easiest time to do this is when a stock has been on a run and plateaued. At that time take most of your money out and monitor the stock price. Jump back in when you see it moving again.
3) Diversify
I wonder if people that experienced the 2008 crash had it easier because this market conditions are driving me to insanity, my portfolio has lost over $37500 this oct. alone my profits are tanking and I'm don't see my retirement turning out well when I can't even grow my stagnant reserv.
You have to get a financial-advsor/broker to aid you diversify your portfolios to include commodities, inflation-indexed bonds and stocks of companies with solid cash flows, as opposed to growth stocks where valuations were based on future potential earnings
The 2008-09 crash saw markets fall, wiping out trillions of dollars around the world, but savvy investors recognized a once-in-a-lifetime buying power, with companies' stocks on the market at deep discounts. With markets recovering from the Great Recession, these investors realized tremendous gains from their assertive maneuvers. I'm no savvy-investor, but the one method I've relied on to gain rapidly during times like this is having an asset-coach guide me. It may sound cliche, but I've been able to pull off over $750k this year alone using just this single method.
@@FeliciaJudge Please can you leave the info of your investment advisor here? I’m in dire need for one.
@@Patriciacraig599 Having a coach is key in a volatile market, My advisor is “Susan Agnes Hancock” You can easily look her up, she has years of financial market experience...
@@FeliciaJudge I just looked up Susan Agnes Hancock online and researched her accreditation. She seem very proficient, I wrote her detailing my Fin-market goals and scheduled a call
1987: Down 22% in one day. It's the End Of The World!
2022: Hold my beer
July 2021 . .
@@ws3157 MMMMH....
Supposedly 50% or more.
😆 🤣 😂 😹 right
Whatever happens but I want massive bear market for long term,
I was a senior in high school when this happened. I remember waking up and turning on the TV. It was the big news story of the day. Didn’t think anything of it. It didn’t affect my life whatsoever. 2008 was a much more devistating crash.
*knock knock*
It's me 2020 I got news for you....
It didn't effect you because you didn't know what it meant back then, same as me. I know understand the impact of a crash in the market. That's why I have other small investments for myself. And other things.
wait till 2022
What about now 2022?
@@kennymichaelalanya7134 knock knock you were 2 years 2 early
4:50 this man doesn't blink
Lol exactly what I was thinking...
I lived thru this. I was working on Wall St myself at the time. Do yourself a favor and bring up a chart of the DJIA that includes 1986 thru 1988. You'll see that what was lost was only the gains from Jan. 1987 to Oct., and then the market began to continue back up. I snoozed thru it. I was not alone.
Im a part Indian aspiring middle class, please share some tips to invest
''In the business world, the rearview mirror is always clearer than the windshield of future''- Warren Buffet.
You did well. The future may be different. An issue occurs when a crash happens and people are older. They may not be able to live long enough to recoup what they planned on for retirement. Location, Location, Location for real estate. Timing, Timing, and Timing for recovery of stocks. When America's baby boomer generation hits retirement en masse we face an additional issues. I don't know of a precedent for this combo.
That's pretty much the case for anything.
Habke Nubai o
@@josephli3561 Speaking of 2020
@@josephli3561 are you a time traveler?
*coronavirus has entered the chat*
Jonathan Gonzalez lmao
Haha wow you’re so funny I wish I could be like you
I reckon that the global lockdown to stop the spread of the corona virus will cause a massive global recession soon.
@@angusmeigh5141
You are correct Angus.
This is going tobe a word wide nightmare no matter how well you are prepared.
Stay safe.
Kind regards from Ireland.
Kate 👱♀️💕💕
Hahahaha
Instead of trying to predict and prognosticate whether or not we’re going into a recession and precisely when it’s going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.
That’s crazy, I’m just doing everything wrong with my portfolio
Same here, 75% of my portfolio is in the red and I really don’t know how long I can stomach the losses. I’m beginning to reach a breaking point.
The US-Stock Mrkt had been on it’s longest bull-run in history, so the mass hysteria and panic is relatable considering we’re not accustomed to such troubled mrkts, but there are avenues lurking around if you know where to look I’ve netted over $850k in the past 10months.
@@marianparker7502 That does make alot of sense, good for you though, unlike us, you seem to have the Mrkt figured out.
@@Robertgriffinne Believe it or not I’m as new to the market as it gets, only thing I do is basically follow the footsteps of an investment-advisrr that guides me, her name is CORINNE CECILIA HEANEY, she’s a quite known advisr, so you can googel and read on her.
the back ground music is really unnecessary does anyone feel the same way?
it has a persuading effect on ones emotions...
OakhillSailor yes, it adds some emotion, but not the one that should be added.
Yes
hmm... didn't notice
it fits the vibe of the era quite well actually, certainly not how todays version would sound for sure but it does match the time in my opinion. numbers were not so big back then!! like, people had not lost their minds yet! haha
I was completely oblivious of this crash. In fact, 1987 and 1988 were two of the best financial years of my life. In 1987 I bought a new car, (which I still drive to this day), and in 1988 I bought my first condo home and completely new furnishings. I still have and use those same furnishings. I'm sure they don't make them like they used to...
Wow what car?
It's strange how the 87 crash wasn't immediately followed by a huge recession like 1929 and 2008. The downturn in 1990-1992 was mainly due to the S&L crisis and the gulf war.
@@NoOne-hv1wz Yeah, I'd love to know that too.
@@jeshkam probably Mercedes w126 or an sl
no one cares
13:11 as we have learned in the GME fiasco, even with modern "electronic" trading, a broker or Market Maker can absolutely stop sales
They did worse they stopped buys with gme and robbed the little guys to make sure the big guys didn't go broke.
1929 Depression
1987 Crash
Dot-Com Bubble
2008 Housing Crash
All in October
Interesting
Wow
March covid crash?
Oct, 2022 another crash going to happen?
this is the event that made me start learning about the stock and bonds markets
I was in my 20's and had several thousand in mutual funds. Monday hits and the crash takes it's toll. One of my mutual funds switched to cash after Monday and I never made my money back. How dumb was that?
Always hold
I was working in the cash management dept of a large company. We watched the market crash in real time on our Tellerate machine which was state of the art then. I went to school after work, and tried to study at the SUB before my class, but I couldn't because I knew the sky was falling. I looked around and was amazed that everyone was just going about their lives as normal. No one else seemed aware that the world was ending.
The clip of the yelling dude at 12:36 is from the 2010 flash crash
I was born in 1969 and I don't hold the memory that the economy was that great in the 1980s. My parents farmed and that did not go well. My first job off the farm was retail. When the stock market crashed the company lost it's operating capital. Our stock became "junk bond." status. They ended up selling the company to a competitor's retired CEO. The company basically juggled its books for 2 years and declared bankruptcy in 1989. They try to downplay the stock market crash of 1987 and the Saving and Loan collapse as insignificant events that happened. Although not everyone faired well in trickle-down economics.
the vast majority of people didn't fair well. Since the 1980's the average American works significantly more hours for significantly less pay with significantly more debt even when adjusted for inflation and the trend gets worse almost every single year since.
Trickle down economics are a failure (or just outright wrong assessment of how a capitalist economy works).
Look at productivity vs wages in the USA. Wages stopped following productivity starting from the late 1970s
I loved this - this is a pretty cool production you guys put together.
Tech stocks took a pretty good hit. My company Texas Instruments sold for about $200 a share in 1987, then melted down to around $24. It finally stopped retesting $24 in 1991. After that it pretty much kept rocketing up for the next 9 years.
Interesting
What did you do? That is a 3 years for down trends?
give me some insider info
reminds me of 2022 buy 500 now 45
Texas Instruments is your company? Wow! I used those calculators in college.
Back in '87, I'll never forget my high school economics teacher started class by stating, "I'm done". It's a memory I'll never forget
This is fascinating. Could you describe more about your day with that teacher? And how your parents were acting, etc.?
When he said no one was talking about it at the diner and it must just be confined to his own little world, I felt that. Trading consumes, it's good to step away from time to time.
Only recently has anyone spoke of this crash
" *The Federal Reserve's strategy has failed* "
YOU DON'T SAY
Buy Some Satoshi
@@timazbill7746 bitcoin is a joke
These little crashes seem so quaint today, especially after having lived through 3 "once-in-a-lifetime" crashes and subsequent bear markets since the year 2000.
The 1987 crash is still the biggest single-day decline in stock market history.
@@93kk0 not if you’re a crypto trader. We call this type of thing ‘Tuesday’ 🤣
17:19
112 million shares lost in the system lol.. I think those were shares that didnt even exist and this is an early case of naked shorting being documented..
i will never forget this day....it was the day i lost everything and went into massive debt
Fascinating. Love these sorts of market history dissections. I lived through this and didn't even know it. lol
@@ezicarus8216 short or inverse etfs. always an opportunity.
508 points, imagine if you were short that day and just trailed it down...508 points down is a killer trade.
1987: Black Monday
2020: Hold my Corona
Lmao
When I saw corona going down with the Chinese factories shutting down I moved my entire 401k to bonds. I was heavily critiqued by my friends and family. I held bonds from 29,000 to 19,000 when it went back up to 23,000 I fully bought back in. Think I added $75,000 to my 401k with that maneuver. All the financial mistakes I made over the years were made up by that. Probably will never happen again guessing the market the way I did.
Hold your GME stonks ;)
Where 2008 and 2014
2022 - Bear The Inflation
I became a Broker in Aug 1987. I remember people crying in my office this day. Me....I was on the phone cold calling, screaming at all the Brokers to get on the phone and have some balls. Man, looking back on that I laugh. Even then, at 20 yrs old, I was relentless in my passion for the stock market. It's 2018, and I'll still a trader. I never stopped.
Weird flex but ok
Cool story!
Bully for you
At least you're consistent!
How do you work as a broker as a 20 year old
If you speak to anyone for long enough, at some point they will tell you how they changed the world or saved us from the brink of disaster, yet nobody really claims responsibility for causing said disaster.
Let me tell you my story, all true. Years ago way out in the bush i encountered an alien space ship and was captured. One of them spoke English and told me they were going to destroy life on earth by deploying gamma ray satellites. I summoned up the most heartfelt reasons why they should not and, even though humanity will probably end up destroying itself, we deserve a chance to survive to beat the odds. They listen intensely at my argument and with a short reply said, OK. They let me go and flew off back into outer space. That day I saved the world.
Who's watching in March 2020 right after we saw the biggest drop in history followed by the biggest increase in history today?
Zaycream21 how it looks like now the Nasdaq is down 10%?
Did you buy the dip? Always buy the dip
This is how I feel when I lose 60 dollars in one day on my ira
Tha k God I thought I was the only one
What are the best strategies to protect my portfolio from a crash? I've heard that the market crash will devastate the financial market, so I'm concerned about my $200k portfolio.
Amidst recession, investors need to understand where and how to allocate funds to hedge against downturns and still make profits. if you can't navigate the market you should consult with an expert advisor
The US-Stock Market had been on it’s longest bull-run in history, so the mass hysteria and panic is relatable considering we’re not accustomed to such troubled markets, but there are avenues lurking around if you know where to look I’ve netted over $450k in the past 10months.
I need a guide so i can salvage my port-folio due to the massive dips and come up with better strategies. How can one reach this advisor?
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.
Diversify
I remember that. Just just started my 401k that summer.
I think the Dow was about 1200.
Just left it alone and kept reinvesting while others bailed out and sold.
As of yesterday my Roth 401k is about 1.2 million.
I also bought 3 shares of Berkshire Hathaway back then for about $6k I think.
And my ExxonMobile has doubled to around 23k shares and several thousand percent return with the growth,splits,and dividend reinvestments.
BlackWorldTraveler Probably 1.5 million now I bet, nice work and congratulations. Isn't compounding interest in your favor a wonderful thing?
BlackWorldTraveler if your still active can you please reply ?
God fucking bless america.
You did well. The future may be different. An issue occurs when a crash happens and people are older. They may not be able to live long enough to recoup what they planned on for retirement. Location, Location, Location for real estate. Timing, Timing, and Timing for recovery of stocks. When America's baby boomer generation hits retirement en masse we face additional issues. I don't know of a precedent for this particular combo.
It sounds good but it's not really for an average Joe. Based on my calculation, DJ from 1987's crash to today (02/28/18) has increased 8.95% apr. Assuming average inflation 3.5%, you had to invest consistently $1,250 per month or $15K per year today's money for the last 31 years in order to come up with $1.2 million. It's a lot of money!
As of today July 29th, 2019, the DJIA closed at 27,221.35. For the equivalent percentage of what transpired in 1987 to today, the DOW would have closed at 21, 069.32. Thats over a 6000 point drop. That is ASTRONOMICAL.
We’re below that now
@@justinfay3011 and as of nov 1 2021 you’re at 35913 - I think it’s probably best not to panic and continue value investing.
$DJI, $38,927 Monday 2/12/24 new all time high. The following day, (Tues.) dropped to $38,039.
“Hold my white claw” -2020
sosodef this aged well
@@Hyena58 I can't tell if you're being sarcastic or genuine because on one hand, sosodef's comment is on the nose but on the other hand, it could have been, and still could be, a lot worse than last week!
@@TheMactabanoye like this week
Can I hire you to manage my portfolio?
@The deep South the market had to drop eventually and a fucking virus did it lmaooo
moral of the story; FED intervened and fucked things up. It was the market itself that solved the problem. Don't forget, there is always a buyer at the correct price. People don't turn away the chance to make money.
The thought of being a trader and watching this gives me goosebumps. Watch folks it's coming again.
Despite the fact that stock prices fluctuate, what is the best method for capitalizing on the current market? I'm still undecided about investing $400k in my stock portfolio.
The market is volatile at this time, hence I will advice you get yourself a financial advisor that can provide you with entry and exit points on the share/etf you focus on.
I was recently through an investing nightmare during the crash in march 2020. With the assistance of my advisor I have so far grown my dwindling portfolio of $145k to $480k
How can one get a decent investment advisor? I wouldn’t mind getting in touch with yours. In few years I will retire and my portfolio will definitely need some management.
There are a lot of independent advisors you might look into. But i work with Nicole Desiree Simon, and she is excellent. You could proceed with her if she satisfies your discretion. I endorse her
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
"This was the era when we thought the news was relevant."
Relevant.
LOL to this day you can always fade the Chicago Tribune Business Section stories.....their stories have never been relevant but to fade.....LOL Mercy!
The narrative was wrong, the crash was due to computerized selling triggers. Once one system issued a sell, they would all start selling. The computer program was designed around very basic scenarios which did not reflect real life. Therefore it failed. As you can see afterwords the market indexes returned to their normal levels once the computer systems were turned off and manual processes resumed. Even in the 80s the software and hardware were very primitive. Imagine running a 1980s 10-12 megahertz CPU vs 4 gigahertz CPU today.
Yep. This crash was almost entirely computer-caused. Nothing even vaguely similar to 2008.
Glad you said that cos I was thinking I had misremembered the cause.
I think the video did highlight that
i recall being outside the melbourne exchang and met a friend who said 'that the last 2 years saving gone' i also recall the australian fall was twice the us
Love at the end where they start saying how stable the markets are now LMFAO!
This video was uploaded in 2015. Of course, the markets were stable back then... retrospectively
“Before the markets open, NYSE Chairman John Phelan imposes a moratorium on computer trading” (25:38)
Digger D
: Kind of have to agree, there will probably always be corrections and BEAR markets, it's just a matter of how bad it gets and how long it lasts.
This was basically a commercial for this company. It was the same guys talking. Love the guy in that hat. He’s like Sam Kinison
@@mkrull1 I thought that too. Was hoping he'd scream like Sam. Buy! Buy! Lol
Such a great documentary
I remember watching Wall $treet Week with Louis Rukeyser after this when I was 15. That episode is still available on YT. I remember Lou telling his viewers not to panic, not to sell, and that this would not be like 1929, that the markets would recover; and they did, good old Lou.
Forget hold, it was a great opportunity to add to positions.
Great info !!🎉
Excellent stock market documentary guys!
I remember an investmemt/insurance man telling my father to invest everything we had in the stock market right away. Best advice EVER...
During the crash?
@@conorm2524 Best time to invest! Bargain prices! Same thing with 2008. I put money in then. No regrets!
@@conorm2524 Yup. The best opportunity to buy low, since the market's inevitability going to go back up.
no the best opportunity to this day has to be Bitcoin, it shattered everyone's expectations hundred folds.
In these days & times ...... I'm Investing In LEAD !!
That was good. Very informative.
+Mr Berry I agree! It's most impressive documentary!!! Thank you for sharing!
The 1987 crash was not really a crash but only a minor correction. I recall being in college at the time and hearing the news and my economics teacher made fun of the crash and stated it
was a glitch and the market would be back at it's current level in a few weeks. Turned out he was right. When we later asked him how he knew this he simply stated ignore what the market is doing and ask yourself is the economy fundamentally sound and if the pe ratios make sense or not and what the debt levels are of the nation in question.
That then makes you wonder about the current debt levels of the nation as a whole. Have a look at the 'Debt Clock' on YT
I think 1987 it took about 2 years to recover. I think the lesson was to hang on, as markets recover over time. I should have... but didn't!
That can be all fine and dandy, but sometimes you don't know. Like a liquidity event.
Well the debt levels now are astronomical ☕️
As NOT a certified math-surgeon - I have to say I found this v. very informative entertaining - pls keep it up
🚀
So one guy nobody ever heard of stopped the whole financial system from collapsing.
I was 26 in 87. i had a business that i just closed. I was always interested in the stock market, but knew nothing about it. I saw what was going on that September and saw it was not sustainable, something bad was going to happen. i decided to not go in the stock market. It was obvious to me something was going to happen. I don't understand why these guys didn't see this.
Every crash, l was able to own more stocks which l like and l hold the upper hands when the bull came back. You will be surprise how crazy the prices shoot up after the crash. Holding power is the key to buy in a crash.
Love the happy music playing in the background of this sad story.
I remember this very clearly. I was teaching American History to middle schoolers, and we’d just completed a unit on the Depression.
Only 5 minutes in and I can tell this is a really good video. Education and experience through others experiences is power my friends
Markets are controlled by a select few. Cash doesn’t just vanish (doesn’t go to money heaven) just gets transferred to those select few winners, and those losers walk away with major losses.
Very informative n nice trip back to the past. Love it. Thnk you.
I'm glad I own my house and have no mortgage. The stock market is just a scam where someone convinces you that you can have something for nothing and they give you nothing for something.
you are buying the productive potential of a company when you purchase it shares. that aint nothing unless the company produces at a deficit (something a look over the balance sheet exposes). i own my house too.
@@tragicslip Well said T. Ditto on housing, so that could be your next best investment, pay back your mortgage. Retire debt, live frugaly, be thrifty and save but you can buy wonderful companies if you do your homework like Mr Buffet did when he was young. He researched and bought well, but he knew what he was buying because he studied his targets well!
I also own my house and have no mortgage and you have no idea what you are talking about.
I can't believe this material is here... thanks for share this .
TH-cam: Yeah, you're gonna need this soon.
$500B in capital got wiped out due to that 20% fall and then on 20th Oct 1987 at 11:23 am it got reverted by a buy contract of 150 MMI contracts....
wonderful documentary overall...
People also forget that selling off like this this also known as taking profit.
Dave B 100% you can bet most of the buyers had bought lower than they were selling
which in turn creates buying opportunities. If you stay on top of things you can keep selling at peaks and buying on dips all the way up.
The voice of the person announcing the pit sounds like Ben Lichtenstein from the flash crash and not from 1987.
I remember my Civics teacher freaking out that day.
Literal running from classroom to pay phone all day
How can they hear / understand when all of them shouting at the same time?
Mostly lip reading and hand signals
I owned puts on that day. I saw the market WAS DOWN SERIOUSLY , So I entered orders to sell the puts . They were OEX puts. They were deep in the money by hundred of points. I expected to get paid $100-$200 per put. Instead I got filled 3 days later for the same price I had paid for the puts. Yes $5-$10.
Lame!
Im here getting ready for the best opportunity ever since the housing crash of 07-09. Im ready to get wealthy!
My father in laws hair turned completely white. He lost everything..horrible. I was glad I didn’t have much to lose.
Why would anyone give money to a Broker. What do you think they are going to do with it? They are going to Broke you. It says it in the name.
March 10th 2023 banks are beginning to liquidate.Things are getting interesting
The music just doesn’t match the mood.. this is a sad day and it’s chipper upbeat music
Anyone know the song at 23:25
The next big crash will be £ Trillions not billions. Some people will walk away with Trillions. Billionaires will become Trillionaires. Have cash ready to buy.
I am too poor to become rich... LOL
Apple even though it’s gone down recently it’s still a good long term buy
Dan Chuck me too
Don Dressel 10 k is all that’s needed.
the next crash will commoditize the entire human condition. and then those who have been hoarding and keeping from public gravity drive and other technology will enjoy wide fruitful plains .... after 40% of the world goes without water......................
This is interesting. I was a little kid at the time so I never knew about this.
The 1980s were a great time and the music in general was a lot better.
LOVE the 80's! It was the best times for me too.
I worked as a floor page on NYSE in 1968, complicated floor ordering trading system. Now no specialist pits
I watch documentaries like this when I get FOMO. And I'm always reading good investing books.
Well I YOLO all my cash on meme coin calls 🤣
Altria, Verizon ... whenever they were available 40% below their then all-time highs, you got them for a good price. Reinvest the dividends, and the cake grows bigger over decades. Obviously, there'll never be a "get rich quick" system that actually works, superhighrisk will mean total ruin for 99% of investors because there are no high returns available without taking on high risk (Finance 101).
But with quarterly dividends, the best thing for a new investor who can save would be a crash in the american stockmarket, because its long-term trend is up and quality companies like Altria and Verizon will continue to do well.
I was working as a stock broker on that day. This crash was caused by Greenspan, program trading had very little to do with it.
I loved Reagan but Greenspan was a big mistake. The man was completely incompetent.
It should be pointed out that the 1929 crash was also caused by incompetence at the Fed.
Sean Hannity the other day mentioned (yet again) how Reagan ushered in unprecedented prosperity. LOL. I was in the Army under Reagan. We were allowed one magazine for our M-16s for training. In Field Artillery School they cut out the portion of training involving observing artillery fire from the air to save money. They did away with a program where a couple of reserve officers per class would be offered active duty.
I voted for Reagan, and I don't regret it. I'm just sick of all the fawning BS from the right. He wasn't some kind of god. He talked a good game, though.
ALL of these pols are bullshitters. Sometimes they get lucky with the economy, sometimes they don't.
The 1929 crash was not due to the Fed. There were no laws requiring publicly traded companies to disclose anything so that investors were flying blind. It was pure and total gambling. That's why the Securities and Exchange Acts of 33 and 34 were made law. However, we seem to now be in a time that people are just speculating because they can't be bothered with reading about the companies they are buying stocks in. Can't totally protect people from themselves.
I was 8 years old in 87. Life was great in the 80s. I really do not recall the stock market affecting my life or my parents life.
08 was far worse.
In 08 and the banks who were going bankrupt as well as some of the biggest companies in the world like AIG. Lehman and Bear Stearns both cease to exist.
Millions of ordinary Americans lost homes in 08. So I don't even think 87 can even compare to 08
Money doesn't just vanish, it switches hands.
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Exactly. Where did the money go?
The quiet one took it all