The big question: Is the "melt-up" narrative a scam to keep us dumping our money into the market? Maybe you can give us your thoughts on that question @MichaelBordenaro.
It looks like the new administration might be planning to use our tax dollars to set up a national reserve fund with Bitcoin. If that happens, we could be looking at one of the biggest market bubbles in history. And I can guarantee they’ll try to sell at the peak. What really gets under my skin is how eager they are to cut government spending, yet they’re considering investing taxpayer money into Bitcoin and other cryptocurrencies, including a new coin created by the president's own company, World Liberty Financial and his new crypto coin. I wonder if it's worth temporarily investing in it?
Looks like the new administration might be cooking up a wild plan to dump taxpayer money into a Bitcoin national reserve. If they pull this off, we could be looking at the mother of all market bubbles - and you know they'll try to cash out right at the peak. What's driving me crazy is how they're preaching about cutting government spending, but then turn around and want to gamble with our money on crypto. Especially this new coin from the president's own company, World Liberty Financial. Might be worth throwing a few bucks at it just to see what happens. But hey, that's just my two cents.
35 year auto shop owner. I purchased my commercial real estate in 92 for 200k and its worth well over 1.5m now. Sometimes it goes your way. Either way i run an auto shop with zero overhead and a bad economy is an asset. Folks are fixing cars not buying cars.
It's absolutely so true the average person can't afford to buy a new vehicle. What us really booming now is mechanic repair shops and body shops. People are now fixing up what they have and not buying new vehicles.
"Ah, here we go again with the classic 'financial bubble burst' scare. Love the drama! Anyway, I’ve finally got $154k chilling in my emergency fund and I’m ready to start investing. Watching this vid feels like stepping into a minefield with no map. Any tips for a newbie trying to avoid the ‘pop’ and not just sit on cash forever? Or should I just get popcorn and wait for the bubble show? 🍿"
Haha, love the enthusiasm! But here’s the thing: bubbles are like traffic-you don’t stop driving just because there’s a chance of a jam. My advice? Find a good financial advisor to navigate the mess. Mine helped me turn my random stashes into actual investments, and trust me, they know stuff these TH-cam guys don’t. Just saying!
"Both of you make good points, but honestly, I'm stuck. I have the funds, the desire to invest, but zero clue on how to start. Maybe I need an investment advisor, but how do you even find a reliable one these days? Feels like looking for a needle in a haystack."
"There are a handful of CFAs. I've experimented with a few over the past years, but I've stuck with 'Linda Aretha Reeves' for some years now, and her performance has been consistently impressive. She’s known in her field, look her up."
"Looked up Linda Aretha Reeves-wow, she seems like exactly what I needed! Reviews are solid, and her approach feels tailored for someone like me. Thanks for the recommendation!"
Just have to remember one thing. Everything is only worth what people are willing to pay for it. This goes for everything. You can say all day that My house is worth a million dollars but if no one will buy it for $500 thousand then how much is your house worth?
@@MrJohnnyDistortion Whats no true? It is all true. Why do you think if you have a high price you can't sell until you lower the price? You see it all the time with properties that have been on the market. People don't think it is worth what you are asking.
Think about it.... if nobody can buy, then there would be no shortage. However, that's just your case. Plenty of people at higher incomes continue to buy.
Turkey, Stuffing, Mashed Potatoes, Gravy, Fresh Baked Rolls, Green Bean Casserole and Pumpkin, Coconut Cream, Pecan and Apple PIE...at least one piece of each
The market trend can turn around very quickly. In fact, the indexes often switch from a bear market to a bull market when the news is at its worst and the mood of investors is at its lowest point. I read an article of people that grossed profits up to $150k during this crash, what are the best stocks to buy now or put on a watchlist?
In particular, amid inflation, investors should exercise caution when it comes to their exposure and new purchases. It is only feasible to get such high yields during a recession with the guidance of a qualified specialist or reliable counsel.
True, initially I wasn't quite impressed with my gains, opposed to my previous performances, I was doing so badly, figured I needed to diverssify into better assets, I touched base with a portfolio-advisor and that same year, I pulled a net gain of 550k...that's like 7times more than I average on my own.
Sharon Ann Meny, is the licensed advisor I use and i'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
My late uncle raised beef cattle, and I remember talking to him about the value of land before he passed away. He told me when he was young people valued land by what it produced and not a view. I believe that will still be true today if you have the knowledge to work the land. Just my opinion.
I've been a full time investor for over 30 years. Valuations today are pretty extreme and most smart investors are in a high cash position- as am I. I also own residential real estate and have no debt, so I'm protected as best I can be. But for you kids out there thinking your bitcoin is going to the moon- you might want to be careful. This guy here speaks the truth.
Bitcoin has already gone to the moon. Does anybody know someone who actually used it as a form of currency? Has anyone actually used it to buy something?
👌 I dont know much about fundamental analysis, I do SIPs in Mutual funds and I just follow 'buy and forget' method regardless of whatever the price is. Do you think this is approach is okay or in such highly overvalued markets i should hold cash till i get a better price?
I've heard some analysts talk about a 'massive' correction. It makes me wonder if it's time to adjust my $2M portfolios or maybe even consider some defensive investments.
Consider diversifying your portfolio with a mix of stocks and stable assets. Seeking professional advice now could provide valuable insights and strategies to navigate market uncertainties and protect your investments.
Accurate asset allocation is crucial, and some individuals use hedging strategies or allocate part of their portfOlio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay finan-cially secure for over five years, yielding nearly $1 million in returns on invest-ments.
I remember in 1979-82 interest rates rates were around 18%. I remember my father was laid off and my mom was the only parent working. Our house payment was 320.00 a month. They built that house in 1977 for 35,000 dollars.
The bubble bursting during the great recession of 2008 was welcome by me! I was scraping by while being a full-time student. So lowered fuel and food prices was very convenient for me. I could use some of that convenience right now.
Between 1989 - 1993, our House in Toronto went from $250k to $175k. And interest rates were 12 %. We paid $75k in 1980. We sold 2014 for $750k. t was listed this year at $1.150 million. No surprise it's a bubble. The universe is dynamic consisting of cycles like the 4 seasons per year
I am recharging them trough the night, so, the weekend is not so good 4 me, because i can't work. But, i still need the Lord's Day, 2 go 2 the Mountains 🙂
@@tobyk5149 and finally in the long run like Buffet I have zero losses in my investment in aggregate & I can guarantee you that I'm not the only one. Look at all the $$gazillionairs in the US.
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 do not disagree, there are strategies that could be put in place for solid gains regardless of economy or market condition, but such execution are usually carried out by investment experts or advisors with experience since the 08' crash.
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million
How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
Stacy Lynn Staples 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 greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look Colleen up and send her a message. You've truly motivated me. God's blessings on you.
Are we in a bubble or is the value of the currency going to crap? Government constantly bailing out everything all the time at the cost of the value of the currency.
Corporations simply raised the cost of everything and still are receiving record profits, they’re not hurting at all and they control all of the costs. Inflation is at 3% which is normal. They’re simply gouging
A is for assets, rising so high, B is for bubbles, watch them float by. C is for caution, don’t get too bold, D is for danger when the truth’s left untold. (Chorus) ABC, let’s rock and learn, Financial bubbles, it’s your turn! Watch them grow, then pop, oh no! Stay smart with your cash, let’s go, go, go! (Verse 2) E is for equity, prices that soar, F is for frenzy, wanting more and more. G is for greed, it can lead you astray, H is for hindsight, learn from yesterday. (Chorus) ABC, let’s rock and learn, Financial bubbles, it’s your turn! Watch them grow, then pop, oh no! Stay smart with your cash, let’s go, go, go!
I’m 80 yrs old and I find you “ RIGHT ON “ with diversity with what you have and be comfortable with holding on what you have, it’s ALL ABOUT “ Health “ and sleeping good at night . I love listening to you , you speak the truth my man , keep it up 👍👍
It's funny to me how people list their house for 2+ months, don't get looks, don't get offers, and they still hold out on their asking price. I have to laugh when they offer some super dumb "price drop" of like $50 or $5000, thinking people are going to see that and say "oh, that's MUCH better! Let's submit an offer!". Nah....drop like $10-20K every two weeks, and someone may eventually bite.
@@AdvermvpThis is probably the culprit of inventory being short in many areas. Everyone with a 2% mortgage rate became an amateur landlord… except I couldn’t do that because my HOA was bleeding me dry. Still sold and made off well.
I took my house off the market, not dropping the price the real estate said they could sell it for. It can sit empty, it’s just a summer house anyways.
@@kennethyoung2077 That's the point I was making. People who don't want to drop their asking price don't really want to sell their house anyway. In your case, it's nice that you're financially able to pull it off the market and wait a bit.
Since the dollar has been off the gold standard there’s no base line for reference anymore. All we have is a constantly inflated money supply and the previous year to use as a reference. So of course everything is going to keep going up. It may not be a bubble. Just inflation .
Even millionaires are doing their homework. Million dollar properities in coastal Florida still have to pay high property taxes and extremely high insurance.
Yeah, most people have gotten burned at last once so buyers are weary of overpriced Florida properties. Can't make a good investment if you aren't certain it will resell at a higher price.
It's really heartbreaking to see how inflation and recession impact low-income families. The cost of living keeps rising, and many struggle just to meet basic needs, let alone save or invest. It's a reminder of the importance of finding ways to create financial opportunities. You've helped me a lot sir Jihan! Imagine i invested $50,000 and received $190,500 after 14 days
As a beginner in this, it’s essential for you to have a mentor to keep you accountable. Jihan Wu is also my trade analyst, he has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
Jihan Wu Services has really set the standard for others to follow, we love him here in Canada 🇨🇦 as he has been really helpful and changed lots of life's
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why l'm lucky to have seen someone like mr Jihan Wu.
Hello, I'm a Doctor from Scotland, how do you make such amount? I'm a born Christian but sometimes I feel so down of myself because of low finance but I still believe in God.
Making touch with financial advisors like *Catherine Adriana* who can assist you restructure your portfolio, would be a very creative option. Personal financial management will be crucial to navigating the next difficult times.
@@hvaball150 Mr Wonderful ( Shark Tank Billionaire) "Never buy stocks to grow. They go UP and DOWN. Buy for Dividend, they rent your money and you always get paid. So hope your theory works, cause mine works very , very well. Thanks to my Professor ASSHOLE
I’m retired. Your story of a conservative savings profile is a common one. Any course of action involves risks. You might be avoiding market risk, but you are taking on other risks like inflation and reinvestment risk.
My wife is willing to work for another 5 years if needed. Are we in good shape? Will we be okay if I begin withdrawing from Social Security when I’m 62 and my wife is 67? Should we hire a financial planner to help us navigate this?
Certainly get a pro to look at your predicament (if you even have one, lol) A second opinion from a comprehensive financial adviser can help you look at more than just your current estimate of cash flow and needs but also longevity risk, outliving your money, tax considerations, legacy planning, healthcare costs, inflation and a myriad of other things you may not be considering when reviewing your current situation
Michael, the USD has already crashed! It’s just been over a time span of ~100 years. It has lost 99% of its purchasing power over that timeframe (thank you federal reserve).
I cut 1/3 acre yards on Junior High for 1 to 1.5 bucks. With a push mower that cost 25 bucks. Had no safety stuff. To change the cutting height each wheel had to be unbolted. And placed in another hole and rebolted. The click type cost radically more ie 32 to 35 bucks. Old farts said we were ripping them off. Said should be 35 to 50 cents a yard
And ? This is normal and planned. Not 100 years but thousands of years with different currencies. A small amount of inflation is better than deflation. Deflation should be avoided because it results in economic collapse as in the great depression. So yes 2% inflation over 100 years will erode the currency of any country. If you have money , you stick it in the bank and collect interest to compensate for inflation.
@@googleuser868 Inflation in Canada is 2% and bank interest is 4.1% or more. If you pay 30% tax then you still come out ahead. Of course you can invest in anything , cash, real estate, stocks, commodities and they all go up and down. When everything goes down in value like in 2008 when everything went down, cash didn't go down. So in effect cash went up in value in 2008 since you could exchange less cash for most other valuable objects. In 2008 I took out a term deposit for 5.2% for $236,000 and bought the term deposit with borrowed money at 3%. So I was using the banks money to earn me money. I wrote off the interest I paid as carrying charges, so I made 2.2% and had to pay tax on that.
The first step is admitting we have a problem....pride is the only things standing between us and the TRUTH. God bless any who have the ears to hear it. The Truth that is. Thanks~
Glad you mentioned the Tulip bubble phenomenon. Read about it some time back and it really opened my eyes. I'm constantly seeing indicators that go against what is being broadcast. Things just don't add up even though we're being told everything is fine. I live in downtown Bellevue, WA and check attendance at all the restaurants while on my nightly walk. Some are mostly full while several are absolutely empty. Lots of business turnover. Will be watching if it improves after Amazon returns to office. The real estate prices in this area are holding or going up. The big thing is teardowns and new structures. Talked to one guy and he said that a company delivered an entire package completely signed with an offer for his house. All he had to do was sign and move out. Look me up if you are headed this way.
Comparing tulips and toys to something as necessary to basic human life as real estate is a special kind of ignorance. Those two “asset” bubbles were pure examples of very small scale human psychology. Not examples of universal basic human necessities that will quite literally always be in demand. There are certainly areas where real estate is “overpriced” or examples of sellers listing their properties for absurd amounts that are unlikely to sell. But the reality is below a certain price level there will always be demand from buyers. Even in soft markets. Comparing real estate to beanie babies is just….an example of how comically uninformed your opinion is.
You know the economy sucks when you see so many people either picking for deals in thrift stores, taking walks or spending the weekend at the library! It’s here folks and easy to see.
@bioold8925 they gave you a Reduction in property Taxes for the rest of your life. My grandfather was 94. What a grand effort. It's corrupt gov! They did nothing. Been nice if they gave back a half million like they stole for 15 years. They'd been over taxing since 1948 or before. Ir was 1963 or so to get it resolved.
So, rents so high that people can't afford them, means less houses will be rented, meaning some land owners won't be able to cover mortgage because they can't rent, or won't be able to make profit on the rent... Because they bought to rent instead of owning the property outright... The they try to sell and figure their prices are to high so they sell to a loss or don't sell... Market correction
I’m 61 years old, on the verge of retirement. I’ve seen several “bubbles” in my lifetime. Every time, people talk about the lofty prices, but still continue to add new money to the high flying markets. It feels to me that the market momentum is starting to slow down. I’m heavy in T-Bills, CD’s, and Silver.. From here I’m watching valuations and have enough self control to wait for good opportunities. Buy low.. Sell high.. easier said than done.
Sage advice; pretty much what I heard from my accountant, immigrant father growing up in the midwest. Diversify diversify is fundamental principle. Passing this on to my son (hello there son). Prayerfully, he listens~
Don't go into anything unless you know where the Exit is. Not a building, relationship, or investment. It's not enough to know where the Exit is cause when you board a plain, the stewardess will point to the Exits before you go. You also need to know when to jump out as well.
Really good advice. 😊. At 61, looking at a very bleak future, I am waiting and waiting. And I have not told anyone. Being silent and watching is very interesting.
Another note, I stayed in San Mateo for a few days in 2022. I really enjoyed your Marin County videos this year! Very nostalgic..... (Also lived in Florida '67-70; it's changed a lot!)
Predicting inflation starting to rise again this quarter while leading indicators showing economy slowing (not to mention governm*nt figures pumped up for the election). Global economy very weak which affects US. Fed dropping rates 0.50 shows they're VERY worried about financial downturn/crisis. interest rates coming down are also an indication banks are LESS willing to loan money into existence. The question here is where is the inflation going to come from in the near term? Consumers are mostly tapped out which is 70% of US economy (consumption). Yes inflation very likely to return but not before it continues to come down... Inflation can be a concern, but remember, certain assets like stocks and Crypto’s acts as a hedge. Long & short-term trading is generally safer, allowing investors to weather market volatility. I have managed to grow a nest egg of around 3.2 B'tc to a decent 27B'tc in the space of a few months... I'm especially grateful to Jinny Franz, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
One thing I know for certain is crypto is here to stay, the only thing that leaves is the people who don't manage their risk. Manage that, or the market will manage it for you. With the right strategies you will survive.
Thank you for sharing your experience. She’s helped grow my reserve, despite inflation, from $87k to $246k as of today…..Her insights and daily siignals are worth following.
Good video as always. I am not going to spend $ for buying a house due to this inflation. Rather I am going to build my business while working full-time in USA government and invest my money to land property in other countries.
Really surprised you referenced the Tulip futures crash in the 1600's in Holland.. It's one of the greatest examples of the "Greater Fool" theory in history.
Bubbles are bubbles but people are trying to survive whereas in 2008 people were trying to get rich. The best case for stocks not being in a bubble is that they are just price correcting/adjusting for inflation. I find the average person I talk to struggles to accurately comprehend just how much money has been 'printed' over the past 5 years.
@lorihamlin3604 I use the tins in a rural building so stuff does not get eaten by squirrels mice etc.. during Bidens term one item I use in my business went from 42 to 76 bucks.. Bidens legacy is inflation. Increases in most all prices since massive printing of money
Stocks are price correcting/ adjusting for inflation? If that is true then the p/e ratios of the stocks would be the same as before this bubble. Not in historic highs they are in now .
Except that "advice" tends to mean "guaranteed result" or something, legally, in many jurisdictions. In common parlance people mean "good options on what to do" when they say "advice" though.
@@howtomoderateno, it’s place where your family is going to live. Has nothing to do with investment, because in case of re-selling, you will probably lose value. Through interest, insurance, escrow and taxes, you pay that house three times.
@@recyclingrevolution4905 a place where you bring up your family is an investment. In all factors considering buying a home is an investment. You might not care about profits made but that doesn't matter when residential homes value almost always have a direct correlation with the school district in the area. Which is another form of it being an investment. And the reality is the same people like yourself saying oh it's ok I'll buy this cheap house to raise my family, are the same people price gouging today as they sell to the new family starters thinking the same thing are you thinking now.
It's sad how difficult things have become in the present generation. I was wondering how to utilise some money I had. I used some of it for e-commerce business, but that sank. I'm thinking of how to use what's left to invest, but I don't really know which way to go.
It's a good idea to seek advice at the moment, unless you're an expert yourself. As someone who runs a service business and sells products on eBay, I can tell you that the economy is struggling and many people are struggling financially.
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.
My CFA Carol Vivian Constable, 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.
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.
We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.
Keeping some gold is usually a wise decision. You would be better off keeping away from equities for a bit or, even better, seeking advice from an expert given the current market conditions and everything that is at risk with the current economy.
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst
My CFA ’Sophia Maurine Lanting’ , 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.
Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.
I'm in my basement right now with non perishables and guns and water right now. Been here since Fauci said The Trump administration would be faced with a pandemic weeks before inauguration.
The Silver market is being artificially suppressed: 141,580 open Shorts. Each Contract equals 5,000 oz of Silver. 707.9 million oz ! Almost the total Global Silver output being shorted !
Russia will be working on this, tightening the screws slowly, so to speak to expose this... Why they are going to make silver one of their major purchases in the near future... Not enough to collapse us, but enough to drive demand, increase prices, and put the shorters on the hot seat....
Excellent - well said @MichaelBordenaro .. you most likely saved quite a few people here from buying at the wrong time. Also- say a big Hello to smiling styling Lisi ! 😊
Good analysis! Everything can be in a bubble. But money, shares and bitcoins can go to zero value. In a house you can at least live in if there are no substantial homeloans. Gold you can store at home. A certain amount of money can give you the possibility to purchase opportunities after a crash. Property and gold will regain the value even after a setback....
The root problem is that the vast majority of people don´t bother to educate themselves about human behaviour, psychology, market mechanisms (or the lack thereof) and structures of power. This is also something that was here long before us and will stay long after we´re gone.
Thank you to our host for this walk around outdoor tour. Good, timely topic and well researched and presented. Cannot imagine the Bay-area bubble not bursting and soon with great numbers of tech layoffs and huge office-space vacancies
What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.
There are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist
I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders
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.
I always find it interesting how people get so caught up in the next best things thats going to make them money...Houses uses to not be investment vehicles and then in the last 10-15 years people were flipping houses like crazy
The recession that hit me personally was 1987 lost $60,000 on paper, in 2008 my house in San Diego dropped over $500,000 and stayed stagnant for six years, Other than that I've tried to stay recession proof. I do realize there's a good chance my house may drop in 2026 $500,000 again.
@@brando7266 The difference is the act in 2009 for the bailout are still present. The fed buys houses now and trades in tangible assets outside of interest rates to set prices. They fear deflation more than inflation so it won’t ever crash. Bailouts and money printing will save the day. Bitcoin is the only safe space
I have subscribed to this channel for about a year now. Michael is very good. That said. He clearly doesn’t fully understand Bitcoin. I only recommend that people do their own research. His statements regarding bitcoin are misleading at best. I’ve been investing in bitcoin for years and have done very well. I can say that it’s NOT for people who want to get rich quick.
I hit $113k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject.
Michael, on gold.... I've been in the sector for 21 years. Just one contrast. Since the 2008-09 lows, the S&P 500 is up from 667 to (recently) 6017. Divide the increase by the starting price (5350/667); that's an 802% gain (around 2000% up in the NASDAQ, from about 1000 to 21,000). Gold (continuous contract) is up from $681 to $2802 recently. It seems like a lot, but divide $2121/681, you get an increase of 311%, then think about inflation since that time.... Another factor is that Americans don't talk about, follow, or invest in gold (as they did in 1976-80). Gold may well end in a bubble, but we're nowhere close to that yet.....
There are many factors that move the price of gold and silver because gold and silver have many use cases. There is one, and only one, factor, that moves the price of Bitcoin...more people buying it than selling it.
I don’t trust Bitcoin/crypto because I don’t understand it. Just seems too iffy and shady. I’m more of a cash in coffee can sort. Go ahead, call me an idiot but I got caught up in the flip bubble and lost $10,000. Many,(most?) of us don’t have enough money to take on risky investments we don’t understand.
Michael, the bubble has popped. It's very interesting that people see the bubble popping and anticipate and instantaneous fall real estate values. They have to recall that the foreclosure and forced sale problems did not begin to pick up pace until unemployment levels hit that trigger number. With layoffs increasing and spreading to every sector including more big layoffs connected with Union action and a new administration coming in with a mission to lay off government workers, (the only sector where jobs have recently been added). This eventually cause the deflation of the bubble to accelerate and become the crash you were looking for. Make no mistake if you're in the period of increasing layoffs. The bubble has already popped cuz there is no way to keep the bubble inflated as unemployment increases
This does not look like an ordinary bubble; it just looks like inflation/melt up type scenario. You can have an AI bubble; you can’t really have an everything, everywhere, all-at-once bubble. There are two ways to rectify this; either stock prices crash or the dollar price crashes. A PE of 30 becomes an ordinary PE of 15 if the dollar is cut in half and the stock company can charge twice as much.
Im 30 years old low salary janitor automatically investing 400 € per month on USA mutual fund. Also keeping nice chunk of cash ready for next crash/black swan and little bit of gold if things get really messed up. :-) God bless you.
2008 was not “the height of the bubble.”. The bubble top was 2006. Prices started dropping in 2007 and were down substantially in 2008. Your comment makes no sense.
@@tobyk5149his house is worth 3 times what he paid for it? My neighbor's house is worth double what he paid for it. Only problem is his house has been for sale for close to a year. Nobody even shows up at open house . When you actually sell your house for 3 times what you paid then your correct. In the meantime the county tax assessor agrees with you.
Just checking in michael, sad to see you left the bay area for your temporary stay, was great hearing you talk in front of the delusional population we have here, but there are many locals here who love your content.
"I’m 38, Earn $50K a Year and I’M DEAD BROKE!" th-cam.com/video/lSVfyovYZTI/w-d-xo.html
🌴🌴🌴 That was a great video 👏👏👏
I thought you were like atleast 40
The big question: Is the "melt-up" narrative a scam to keep us dumping our money into the market?
Maybe you can give us your thoughts on that question @MichaelBordenaro.
It looks like the new administration might be planning to use our tax dollars to set up a national reserve fund with Bitcoin. If that happens, we could be looking at one of the biggest market bubbles in history. And I can guarantee they’ll try to sell at the peak.
What really gets under my skin is how eager they are to cut government spending, yet they’re considering investing taxpayer money into Bitcoin and other cryptocurrencies, including a new coin created by the president's own company, World Liberty Financial and his new crypto coin.
I wonder if it's worth temporarily investing in it?
Looks like the new administration might be cooking up a wild plan to dump taxpayer money into a Bitcoin national reserve. If they pull this off, we could be looking at the mother of all market bubbles - and you know they'll try to cash out right at the peak.
What's driving me crazy is how they're preaching about cutting government spending, but then turn around and want to gamble with our money on crypto. Especially this new coin from the president's own company, World Liberty Financial.
Might be worth throwing a few bucks at it just to see what happens. But hey, that's just my two cents.
35 year auto shop owner.
I purchased my commercial real estate in 92 for 200k and its worth well over 1.5m now. Sometimes it goes your way. Either way i run an auto shop with zero overhead and a bad economy is an asset. Folks are fixing cars not buying cars.
Well done sir
@@superameric8 tax bill per annum?
You're the !
Congrats!
It's absolutely so true the average person can't afford to buy a new vehicle. What us really booming now is mechanic repair shops and body shops. People are now fixing up what they have and not buying new vehicles.
0 overhead? No electric bill, biz insurance, biz tax, employee payroll n' such? No toilet paper purchases or beer?🤦🏻♂️
"Ah, here we go again with the classic 'financial bubble burst' scare. Love the drama! Anyway, I’ve finally got $154k chilling in my emergency fund and I’m ready to start investing. Watching this vid feels like stepping into a minefield with no map. Any tips for a newbie trying to avoid the ‘pop’ and not just sit on cash forever? Or should I just get popcorn and wait for the bubble show? 🍿"
Haha, love the enthusiasm! But here’s the thing: bubbles are like traffic-you don’t stop driving just because there’s a chance of a jam. My advice? Find a good financial advisor to navigate the mess. Mine helped me turn my random stashes into actual investments, and trust me, they know stuff these TH-cam guys don’t. Just saying!
"Both of you make good points, but honestly, I'm stuck. I have the funds, the desire to invest, but zero clue on how to start. Maybe I need an investment advisor, but how do you even find a reliable one these days? Feels like looking for a needle in a haystack."
"There are a handful of CFAs. I've experimented with a few over the past years, but I've stuck with 'Linda Aretha Reeves' for some years now, and her performance has been consistently impressive. She’s known in her field, look her up."
"Looked up Linda Aretha Reeves-wow, she seems like exactly what I needed! Reviews are solid, and her approach feels tailored for someone like me. Thanks for the recommendation!"
Watched Linda Aretha on Bloomberg finance summit 4 years ago and her presentation was terrific!
Just have to remember one thing. Everything is only worth what people are willing to pay for it. This goes for everything. You can say all day that My house is worth a million dollars but if no one will buy it for $500 thousand then how much is your house worth?
Well the US debt is 36 trillion and that's a house for all 330 million Americans at 109000 each.
👁👁
( l )
Not true. You may be advertising to low income people who don't qualify.
@@MrJohnnyDistortion Whats no true? It is all true. Why do you think if you have a high price you can't sell until you lower the price? You see it all the time with properties that have been on the market. People don't think it is worth what you are asking.
Yep exactly if you found it with fake money that someone create from tiny air definitely you would have pops and booms
Shortage of housing doesn't matter if no one can afford them in the first place
I was always wondering who are the people who can afford buying houses at these prices? What do they do for living? I want to do that.
@@recyclingrevolution4905they're the capitalists. If we allow building this crashes quick.
Think about it.... if nobody can buy, then there would be no shortage. However, that's just your case. Plenty of people at higher incomes continue to buy.
not to mention there is no shortage
Who’s FAULT is shortage of housing????
❤️❤️❤️ I wish for everyone to have a joyful thanksgiving and blessings ❤❤❤
❤❤❤
And we wish you the same with all our LORD’s blessings
Turkey, Stuffing, Mashed Potatoes, Gravy, Fresh Baked Rolls, Green Bean Casserole and Pumpkin, Coconut Cream, Pecan and Apple PIE...at least one piece of each
Thank you. All the best to you and yours. Always.
You also!
The market trend can turn around very quickly. In fact, the indexes often switch from a bear market to a bull market when the news is at its worst and the mood of investors is at its lowest point. I read an article of people that grossed profits up to $150k during this crash, what are the best stocks to buy now or put on a watchlist?
In particular, amid inflation, investors should exercise caution when it comes to their exposure and new purchases. It is only feasible to get such high yields during a recession with the guidance of a qualified specialist or reliable counsel.
True, initially I wasn't quite impressed with my gains, opposed to my previous performances, I was doing so badly, figured I needed to diverssify into better assets, I touched base with a portfolio-advisor and that same year, I pulled a net gain of 550k...that's like 7times more than I average on my own.
This aligns perfectly with my desire to organize my finances prior to retirement. Could you provide me with access to your advisor?
Sharon Ann Meny, is the licensed advisor I use and i'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
My late uncle raised beef cattle, and I remember talking to him about the value of land before he passed away. He told me when he was young people valued land by what it produced and not a view. I believe that will still be true today if you have the knowledge to work the land. Just my opinion.
That is so true. We need to go back to basics. This is same as capitalism vs socialism. Today's capitalism has gone awry, it has to be stopped.
I've been a full time investor for over 30 years. Valuations today are pretty extreme and most smart investors are in a high cash position- as am I. I also own residential real estate and have no debt, so I'm protected as best I can be. But for you kids out there thinking your bitcoin is going to the moon- you might want to be careful. This guy here speaks the truth.
Bitcoin has already gone to the moon. Does anybody know someone who actually used it as a form of currency? Has anyone actually used it to buy something?
Simple answer . Would you sell your $400,000 home to somebody for 4 Bitcoin?
👌
I dont know much about fundamental analysis,
I do SIPs in Mutual funds and I just follow 'buy and forget' method regardless of whatever the price is.
Do you think this is approach is okay or in such highly overvalued markets i should hold cash till i get a better price?
@@allanbauer4076 🎯
You probably could have picked a better analogy than bitcoin to illustrate your point, chief.
You know the saying: “When the little guy gets in, it’s time to get out.”
Little guys are not getting in because they have to pay rent and nothing is left over.
That’s what she said.
@@5dc61👏🏼👏🏼👏🏼👏🏼
That's not a real blueprint for success then is it?
Weren't you a little guy? Once? Then what happened?
I've heard some analysts talk about a 'massive' correction. It makes me wonder if it's time to adjust my $2M portfolios or maybe even consider some defensive investments.
Consider diversifying your portfolio with a mix of stocks and stable assets. Seeking professional advice now could provide valuable insights and strategies to navigate market uncertainties and protect your investments.
Accurate asset allocation is crucial, and some individuals use hedging strategies or allocate part of their portfOlio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay finan-cially secure for over five years, yielding nearly $1 million in returns on invest-ments.
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
*Marissa Lynn Babula* is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
I remember in 1979-82 interest rates rates were around 18%. I remember my father was laid off and my mom was the only parent working. Our house payment was 320.00 a month. They built that house in 1977 for 35,000 dollars.
Each bubble gets bigger faster and more devastating
Trigonometry…sine curve.
Kind of like climate change.
The bubble bursting during the great recession of 2008 was welcome by me! I was scraping by while being a full-time student. So lowered fuel and food prices was very convenient for me.
I could use some of that convenience right now.
Between 1989 - 1993, our House in Toronto went from $250k to $175k. And interest rates were 12 %. We paid $75k in 1980. We sold 2014 for $750k. t was listed this year at $1.150 million. No surprise it's a bubble. The universe is dynamic consisting of cycles like the 4 seasons per year
It is called inflation and is 100% caused by your Gov spending. JFC.
Isnt a bubble Just because dolar is trash. Buy Bitcoin.
I wish for everyone a blessed weekend to recharge the energies
❤
I am recharging them trough the night, so, the weekend is not so good 4 me, because i can't work. But, i still need the Lord's Day, 2 go 2 the Mountains 🙂
Remember - just because you made an investment does not mean that it will be profitable.
On the contrary I have made nothing but $$$ investing in R/E income properties, PMs, great AI stocks & TSLA😊
@@mingwong8091 you clearly missed the point
@@tobyk5149 ahhh, duhhh what's the point??? My point is there are many exceptions to Max's comment.
@@tobyk5149 and finally in the long run like Buffet I have zero losses in my investment in aggregate & I can guarantee you that I'm not the only one. Look at all the $$gazillionairs in the US.
Please have been talking and talk talk
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 do not disagree, there are strategies that could be put in place for solid gains regardless of economy or market condition, but such execution are usually carried out by investment experts or advisors with experience since the 08' crash.
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million
How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
Stacy Lynn Staples 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 greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look Colleen up and send her a message. You've truly motivated me. God's blessings on you.
Are we in a bubble or is the value of the currency going to crap? Government constantly bailing out everything all the time at the cost of the value of the currency.
Devaluation of the currency is the same thing as inflation. You can purchase less goods with the same amount of money.
Agree 100% with this, you nailed it!
Corporations simply raised the cost of everything and still are receiving record profits, they’re not hurting at all and they control all of the costs. Inflation is at 3% which is normal. They’re simply gouging
Most likely both
Maybe both
A is for assets, rising so high,
B is for bubbles, watch them float by.
C is for caution, don’t get too bold,
D is for danger when the truth’s left untold.
(Chorus)
ABC, let’s rock and learn,
Financial bubbles, it’s your turn!
Watch them grow, then pop, oh no!
Stay smart with your cash, let’s go, go, go!
(Verse 2)
E is for equity, prices that soar,
F is for frenzy, wanting more and more.
G is for greed, it can lead you astray,
H is for hindsight, learn from yesterday.
(Chorus)
ABC, let’s rock and learn,
Financial bubbles, it’s your turn!
Watch them grow, then pop, oh no!
Stay smart with your cash, let’s go, go, go!
Clever, original?
Nice little ditty!
M is for missed one of the largest asset price increases in history.
its sounds like lyrics we can convert into a song with Suno Artificial Intelligence
😂 nice!
I’m 80 yrs old and I find you “ RIGHT ON “ with diversity with what you have and be comfortable with holding on what you have, it’s ALL ABOUT “ Health “ and sleeping good at night . I love listening to you , you speak the truth my man , keep it up 👍👍
It's funny to me how people list their house for 2+ months, don't get looks, don't get offers, and they still hold out on their asking price. I have to laugh when they offer some super dumb "price drop" of like $50 or $5000, thinking people are going to see that and say "oh, that's MUCH better! Let's submit an offer!". Nah....drop like $10-20K every two weeks, and someone may eventually bite.
Yeah, this was my buddy. Decided to rent his house. Found a renter in a week and it's cash flowing $600 a month compared to his 2021 mortgage. 😂
@@AdvermvpThis is probably the culprit of inventory being short in many areas. Everyone with a 2% mortgage rate became an amateur landlord… except I couldn’t do that because my HOA was bleeding me dry. Still sold and made off well.
Haters 😂
I took my house off the market, not dropping the price the real estate said they could sell it for. It can sit empty, it’s just a summer house anyways.
@@kennethyoung2077 That's the point I was making. People who don't want to drop their asking price don't really want to sell their house anyway. In your case, it's nice that you're financially able to pull it off the market and wait a bit.
Since the dollar has been off the gold standard there’s no base line for reference anymore. All we have is a constantly inflated money supply and the previous year to use as a reference. So of course everything is going to keep going up. It may not be a bubble. Just inflation .
The bubble is the US dollar
Even millionaires are doing their homework. Million dollar properities in coastal Florida still have to pay high property taxes and extremely high insurance.
Yeah, most people have gotten burned at last once so buyers are weary of overpriced Florida properties. Can't make a good investment if you aren't certain it will resell at a higher price.
FL is 10 year max from becoming uninhabitable. I would be getting out of there as fast as I could.
@bpb5541 we think about everyday.
yup and they are lie F this im going somewere else lol
@@bpb5541Some of us have paid off houses,grandkids,and stable jobs.not to mention 60 degrees is a cold front for us🥶. Im not going anywhere ✌️
Hit 240k today. Appreciate you for all the knowledge and nuggets you had thrown my way over the last months. Started with 24k in September..
It's really heartbreaking to see how inflation and recession impact low-income families. The cost of living keeps rising, and many struggle just to meet basic needs, let alone save or invest. It's a reminder of the importance of finding ways to create financial opportunities. You've helped me a lot sir Jihan! Imagine i invested $50,000 and received $190,500 after 14 days
As a beginner in this, it’s essential for you to have a mentor to keep you accountable.
Jihan Wu is also my trade analyst, he has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
Jihan Wu Services has really set the standard for others to follow, we love him here in Canada 🇨🇦 as he has been really helpful and changed lots of life's
His guidance allowed me to restructure my retirement plan, resulting in an estimated $700,000 more by the time I retire.
Some persons think inves'tin is all about buying stocks;
I think going into the stock market without a good experience is a big risk, that's why l'm lucky to have seen someone like mr Jihan Wu.
Houses have come down a little in some areas, but they are still hugely overpriced.
Prepare for hard times don't be caught unprepared for anything.
Buffet is selling. He knows
💯
ALL market bubbles burst 💥 eventually.
*I'm glad you made this video* it reminds me of my transformation from a nobody to good home, $34k monthly and a good daughter full of love..
My advice to everyone is that saving is great but investment is the key to be successful imagine investing $15,000 and received $472,700.
Hello, I'm a Doctor from Scotland, how do you make such amount? I'm a born
Christian but sometimes I feel so down of myself because of low finance but I still believe in God.
Making touch with financial advisors like *Catherine Adriana* who can assist you restructure your portfolio, would be a very creative option. Personal financial management will be crucial to navigating the next difficult times.
You're a liar.
My college Economics Professor first day of class "What goes up, Will come down"
Like Cisco Systems but 10 years later. 17,000% gainer in the meantime. Timing is everything.
@@Doug-g8i Yeah, time the market, go for it ! Sounds like Long term investing, yes. Now buy some today and wait ten years UP and DOWN Your point?
Spinning Wheel must go around
Yeah, your economics professor confused gravity with prices. I hope you didn't pay for the class.
@@hvaball150 Mr Wonderful ( Shark Tank Billionaire) "Never buy stocks to grow. They go UP and DOWN. Buy for Dividend, they rent your money and you always get paid. So hope your theory works, cause mine works very , very well. Thanks to my Professor ASSHOLE
We are in our 50s with nearly $3M saved, no debt and $50K annual spending. But we avoid the stock market completely.
I’m retired. Your story of a conservative savings profile is a common one. Any course of action involves risks. You might be avoiding market risk, but you are taking on other risks like inflation and reinvestment risk.
My wife is willing to work for another 5 years if needed. Are we in good shape? Will we be okay if I begin withdrawing from Social Security when I’m 62 and my wife is 67? Should we hire a financial planner to help us navigate this?
No one likes market risk, but without longer retirement, taking on risk is often a necessary evil to compensate for inflation.
Certainly get a pro to look at your predicament (if you even have one, lol) A second opinion from a comprehensive financial adviser can help you look at more than just your current estimate of cash flow and needs but also longevity risk, outliving your money, tax considerations, legacy planning, healthcare costs, inflation and a myriad of other things you may not be considering when reviewing your current situation
How does one get a comprehensive fa who isn’t looking to just make a buck from consultancy and whatnot
Michael, the USD has already crashed! It’s just been over a time span of ~100 years. It has lost 99% of its purchasing power over that timeframe (thank you federal reserve).
I cut 1/3 acre yards on Junior High for 1 to 1.5 bucks. With a push mower that cost 25 bucks. Had no safety stuff.
To change the cutting height each wheel had to be unbolted. And placed in another hole and rebolted. The click type cost radically more ie 32 to 35 bucks.
Old farts said we were ripping them off. Said should be 35 to 50 cents a yard
👍🏻
And ? This is normal and planned. Not 100 years but thousands of years with different currencies. A small amount of inflation is better than deflation. Deflation should be avoided because it results in economic collapse as in the great depression. So yes 2% inflation over 100 years will erode the currency of any country. If you have money , you stick it in the bank and collect interest to compensate for inflation.
@@jeffguarino2097Interest on savings is much lower than inflation and the tax man wants a cut even though you are taking a loss.
@@googleuser868 Inflation in Canada is 2% and bank interest is 4.1% or more. If you pay 30% tax then you still come out ahead. Of course you can invest in anything , cash, real estate, stocks, commodities and they all go up and down. When everything goes down in value like in 2008 when everything went down, cash didn't go down. So in effect cash went up in value in 2008 since you could exchange less cash for most other valuable objects.
In 2008 I took out a term deposit for 5.2% for $236,000 and bought the term deposit with borrowed money at 3%. So I was using the banks money to earn me money. I wrote off the interest I paid as carrying charges, so I made 2.2% and had to pay tax on that.
The first step is admitting we have a problem....pride is the only things standing between us and the TRUTH. God bless any who have the ears to hear it. The Truth that is. Thanks~
Glad you mentioned the Tulip bubble phenomenon. Read about it some time back and it really opened my eyes. I'm constantly seeing indicators that go against what is being broadcast. Things just don't add up even though we're being told everything is fine. I live in downtown Bellevue, WA and check attendance at all the restaurants while on my nightly walk. Some are mostly full while several are absolutely empty. Lots of business turnover. Will be watching if it improves after Amazon returns to office. The real estate prices in this area are holding or going up. The big thing is teardowns and new structures. Talked to one guy and he said that a company delivered an entire package completely signed with an offer for his house. All he had to do was sign and move out. Look me up if you are headed this way.
dont forget about the beenie baby bubble.
Comparing tulips and toys to something as necessary to basic human life as real estate is a special kind of ignorance. Those two “asset” bubbles were pure examples of very small scale human psychology. Not examples of universal basic human necessities that will quite literally always be in demand. There are certainly areas where real estate is “overpriced” or examples of sellers listing their properties for absurd amounts that are unlikely to sell. But the reality is below a certain price level there will always be demand from buyers. Even in soft markets. Comparing real estate to beanie babies is just….an example of how comically uninformed your opinion is.
@@brett4932 why do you liberals find it necessary to insult people. You all think you are so self important.
You know the economy sucks when you see so many people either picking for deals in thrift stores, taking walks or spending the weekend at the library! It’s here folks and easy to see.
Great video.
If things go to hell.
Food will have more value than money.
I don't live my life according to Mad Max.
@@blackworldtraveler3711 You might have to. Or you won't be living. Just prepare in case it comes to that.
Everything you've been talking about comes true! I tell my husband doom and gloom guy is always right. Haha. Thanks Michael. 😊
Great coverage ❤ thanks. I'm 75 and there was a crash in the early 60's and property was taxed at very high rate but wasn't worth 1/3 they claimed.
So how was this problem solved in those days?
@bioold8925 they gave you a Reduction in property Taxes for the rest of your life. My grandfather was 94. What a grand effort. It's corrupt gov! They did nothing. Been nice if they gave back a half million like they stole for 15 years. They'd been over taxing since 1948 or before. Ir was 1963 or so to get it resolved.
@@bioold8925It seems to happen every 10-20 years.
Silver is the most undervalued thing right now.
👍 totally agree!
Not me just more silver sales hype....
Don’t believe the hype about dollar demise. USD isn’t going anywhere because all of the world’s credit settles in USD. Important fact.
Not true. Foreign countries are getting better at going away from fiat
BRICS
Love your videos, keep up the good work.
Thank you!
The rent is too damn high!
same trite comment every time
It’s true
@@tobyk5149*true
You'd love living in one of our HOMES! Starting at $800/mo. highest unit is $950. NOTHIN' included... LOL Good luck!
So, rents so high that people can't afford them, means less houses will be rented, meaning some land owners won't be able to cover mortgage because they can't rent, or won't be able to make profit on the rent... Because they bought to rent instead of owning the property outright...
The they try to sell and figure their prices are to high so they sell to a loss or don't sell...
Market correction
Thank you Michael for doing these videos. Helpful.
My pleasure!
Markets never change human psychology never changes. Fear and greed
I’m 61 years old, on the verge of retirement. I’ve seen several “bubbles” in my lifetime. Every time, people talk about the lofty prices, but still continue to add new money to the high flying markets. It feels to me that the market momentum is starting to slow down. I’m heavy in T-Bills, CD’s, and Silver.. From here I’m watching valuations and have enough self control to wait for good opportunities. Buy low.. Sell high.. easier said than done.
Had my money in T-bills last year and made 50K. Invested in BTC and stocks and made 350K this year.
If you're 61, you've seen the market double.....then double again.....and again.....and again.....and again....since you've be 18.
Don't try to fix something when it's already falling appart! Same thing with our economy!
May the force always be with you Michael!...Be like water🙏🙏🙏
Sage advice; pretty much what I heard from my accountant, immigrant father growing up in the midwest. Diversify diversify is fundamental principle. Passing this on to my son (hello there son). Prayerfully, he listens~
Don't go into anything unless you know where the Exit is. Not a building, relationship, or investment. It's not enough to know where the Exit is cause when you board a plain, the stewardess will point to the Exits before you go. You also need to know when to jump out as well.
Really good advice. 😊. At 61, looking at a very bleak future, I am waiting and waiting. And I have not told anyone. Being silent and watching is very interesting.
Same here. Lots of hubris out there. @HoneyBee-d1j
Another note, I stayed in San Mateo for a few days in 2022. I really enjoyed your Marin County videos this year! Very nostalgic..... (Also lived in Florida '67-70; it's changed a lot!)
Predicting inflation starting to rise again this quarter while leading indicators showing economy slowing (not to mention governm*nt figures pumped up for the election). Global economy very weak which affects US. Fed dropping rates 0.50 shows they're VERY worried about financial downturn/crisis. interest rates coming down are also an indication banks are LESS willing to loan money into existence. The question here is where is the inflation going to come from in the near term? Consumers are mostly tapped out which is 70% of US economy (consumption). Yes inflation very likely to return but not before it continues to come down... Inflation can be a concern, but remember, certain assets like stocks and Crypto’s acts as a hedge. Long & short-term trading is generally safer, allowing investors to weather market volatility. I have managed to grow a nest egg of around 3.2 B'tc to a decent 27B'tc in the space of a few months... I'm especially grateful to Jinny Franz, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
SHE IS ON TELE GRAM.
@JinnyFranz
One thing I know for certain is crypto is here to stay, the only thing that leaves is the people who don't manage their risk. Manage that, or the market will manage it for you. With the right strategies you will survive.
Access to good information is what we investors needs to progress financially and generally in life. this is a good one and I appreciate…
Thank you for sharing your experience. She’s helped grow my reserve, despite inflation, from $87k to $246k as of today…..Her insights and daily siignals are worth following.
0:50 gotta Love catching the guy not stopping at the stop sign, beauty catch
i never stop at stop signs in my neighborhood, waste of time
@@coding-with-codyShould be roundabouts instead of stop signs every few hundred feet. Once you get used to them they’re great.
@@lorihamlin3604 just replace all stop signs with yields... thats how i treat them anyway
Good video as always. I am not going to spend $ for buying a house due to this inflation. Rather I am going to build my business while working full-time in USA government and invest my money to land property in other countries.
Good luck working in government next year.
@@Imaworried Good luck to you too...
Really surprised you referenced the Tulip futures crash in the 1600's in Holland.. It's one of the greatest examples of the "Greater Fool" theory in history.
Bubbles are bubbles but people are trying to survive whereas in 2008 people were trying to get rich. The best case for stocks not being in a bubble is that they are just price correcting/adjusting for inflation. I find the average person I talk to struggles to accurately comprehend just how much money has been 'printed' over the past 5 years.
This comment addresses the facts with only a few words …..bullseye!
Holiday Metal tin with popcorn today are 8 to 10 bucks. They were 5 bucks 4 years ago
@@3beltwestySo don’t buy them. Ten bucks for a tin bucket of popcorn is crazy and tin will be in a landfill in a couple of years.
@lorihamlin3604 I use the tins in a rural building so stuff does not get eaten by squirrels mice etc.. during Bidens term one item I use in my business went from 42 to 76 bucks..
Bidens legacy is inflation. Increases in most all prices since massive printing of money
Stocks are price correcting/ adjusting for inflation? If that is true then the p/e ratios of the stocks would be the same as before this bubble. Not in historic highs they are in now .
Such a creative genius, no joke!
Best place for financial advice on the internet
Except that "advice" tends to mean "guaranteed result" or something, legally, in many jurisdictions. In common parlance people mean "good options on what to do" when they say "advice" though.
WOW….no wonder.
Bruh - if you believe that you need to get some serious professional help
I'm not looking to invest, I'm looking for a home.
Which is an investment
@@howtomoderateno, it’s place where your family is going to live. Has nothing to do with investment, because in case of re-selling, you will probably lose value. Through interest, insurance, escrow and taxes, you pay that house three times.
@@recyclingrevolution4905 a place where you bring up your family is an investment. In all factors considering buying a home is an investment. You might not care about profits made but that doesn't matter when residential homes value almost always have a direct correlation with the school district in the area. Which is another form of it being an investment. And the reality is the same people like yourself saying oh it's ok I'll buy this cheap house to raise my family, are the same people price gouging today as they sell to the new family starters thinking the same thing are you thinking now.
160 oz of gold buys a new home. What are you waiting for?
@@recyclingrevolution4905 Rent is a total loss. At least with a house you have something to sell if you want or need to sell.
It's sad how difficult things have become in the present generation. I was wondering how to utilise some money I had. I used some of it for e-commerce business, but that sank. I'm thinking of how to use what's left to invest, but I don't really know which way to go.
It's a good idea to seek advice at the moment, unless you're an expert yourself. As someone who runs a service business and sells products on eBay, I can tell you that the economy is struggling and many people are struggling financially.
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.
How can I reach this advisers of yours? because I'm seeking for a more effective investment approach on my savings?
My CFA Carol Vivian Constable, 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.
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.
We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.
Keeping some gold is usually a wise decision. You would be better off keeping away from equities for a bit or, even better, seeking advice from an expert given the current market conditions and everything that is at risk with the current economy.
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst
Could you possibly recommend a CFA you've consulted with?
My CFA ’Sophia Maurine Lanting’ , 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.
Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.
Why is every video on TH-cam doom and gloom? You tube makes me want to hide in the basement surrounded by non-perishable food and guns.
You can always store dried meat in jars with animal fat and salt as a preservative
I'm in my basement right now with non perishables and guns and water right now. Been here since Fauci said The Trump administration would be faced with a pandemic weeks before inauguration.
Fear sells
@@robertadams1558 Exactly, frigging Click bait. This guy is making a fortune.
The Silver market is being artificially suppressed: 141,580 open Shorts. Each Contract equals 5,000 oz of Silver. 707.9 million oz ! Almost the total Global Silver output being shorted !
Again. There is nothing new in this. It wont burst until a manufacturer somewhere demands delivery.
Agree 100%, but don’t see them allowing silver to run to its true value anytime soon.
Russia will be working on this, tightening the screws slowly, so to speak to expose this... Why they are going to make silver one of their major purchases in the near future... Not enough to collapse us, but enough to drive demand, increase prices, and put the shorters on the hot seat....
Russia will fix this issue sooner rather than later....
More silver sales hype. Here we go again.
Happy Thanksgiving Michael
"Double trouble,
Boil and Bubble,
Dollar burn,
and Market bubble..."
Bitcoin isn't a bubble. The dollar is losing value like crazy. That's what no one talks about.
The Korean won is also very high, So either the Won is cashing faster than the dollar or the dollar is going up, er something like that.
Exactly
n
Bitcoin is just a imaginary asset.
MB, u, sir r spot on! U know and understand so much at a young age (now that’s the way to protect oneself--‘Knowledge’).
Excellent - well said @MichaelBordenaro .. you most likely saved quite a few people here from buying at the wrong time. Also- say a big Hello to smiling styling Lisi ! 😊
It’s great to know these differences and when to know what’s happening in a bubble
Home prices here in northern rural CA east of the capitol are going down, it is a trend.
Another excellent and factual post,,,thank you for the honesty
Good analysis! Everything can be in a bubble. But money, shares and bitcoins can go to zero value. In a house you can at least live in if there are no substantial homeloans. Gold you can store at home. A certain amount of money can give you the possibility to purchase opportunities after a crash. Property and gold will regain the value even after a setback....
Another good one Michael 🎉
The root problem is that the vast majority of people don´t bother to educate themselves about human behaviour, psychology, market mechanisms (or the lack thereof) and structures of power.
This is also something that was here long before us and will stay long after we´re gone.
This is your best video. Great job Michael
Glad you think so!
Thank you to our host for this walk around outdoor tour. Good, timely topic and well researched and presented. Cannot imagine the Bay-area bubble not bursting and soon with great numbers of tech layoffs and huge office-space vacancies
I love listening to you. I learn so much from your videos 😌
What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.
There are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist
I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders
Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.
Nicole Anastasia Plumlee can't divulge much. Most likely, the internet should have her basic info, you can research if you like.
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.
I always find it interesting how people get so caught up in the next best things thats going to make them money...Houses uses to not be investment vehicles and then in the last 10-15 years people were flipping houses like crazy
The recession that hit me personally was 1987 lost $60,000 on paper, in 2008 my house in San Diego dropped over $500,000 and stayed stagnant for six years, Other than that I've tried to stay recession proof. I do realize there's a good chance my house may drop in 2026 $500,000 again.
My house isn't even worth 500k...
Both 1987 and 2008 had Republicans in charge, expect another recession next yr,
It won’t. Powell will drop rates to prevent deflation and investors will jump back in
@timothygibney159 let's see, , the biggest recessions happen with Republicans in charge,
@@brando7266 The difference is the act in 2009 for the bailout are still present. The fed buys houses now and trades in tangible assets outside of interest rates to set prices. They fear deflation more than inflation so it won’t ever crash. Bailouts and money printing will save the day. Bitcoin is the only safe space
Be greedy when others are fearful, fearful when others are greedy.
This is 10000% a greed bubble and you should be (more) fearful
@@mikesci91 I don’t think the fear has started yet
@shanerogers9386 not for the masses, no. For me? Yes 😅
THIS GUY IS SO WISE FOR HIS YEARS.......WE NEED TO LISTEN TO HIM. HAS EVERYONE'S BEST INTEREST.
I have subscribed to this channel for about a year now.
Michael is very good.
That said. He clearly doesn’t fully understand Bitcoin.
I only recommend that people do their own research.
His statements regarding bitcoin are misleading at best. I’ve been investing in bitcoin for years and have done very well.
I can say that it’s NOT for people who want to get rich quick.
“Bitcoin is perfect capital”. Michael Saylor
I hit $113k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject.
Looks like we got another connoisseur of fiscal fiascos!
Michael, on gold.... I've been in the sector for 21 years. Just one contrast. Since the 2008-09 lows, the S&P 500 is up from 667 to (recently) 6017. Divide the increase by the starting price (5350/667); that's an 802% gain (around 2000% up in the NASDAQ, from about 1000 to 21,000). Gold (continuous contract) is up from $681 to $2802 recently. It seems like a lot, but divide $2121/681, you get an increase of 311%, then think about inflation since that time.... Another factor is that Americans don't talk about, follow, or invest in gold (as they did in 1976-80). Gold may well end in a bubble, but we're nowhere close to that yet.....
House price expectations of sellers are so unrealistic. These sellers are delusional
Shop in your price range Amy
Some 2.8M house are going for 2.1 now and they don't sell.
They are unrealistic
For the first time in a long time I agree with you almost completely about the bubbles. how they form and why and how they POP!
Jim Cramer has said Bitcoin is a winner buy so I think Bitcoin’s rally days are limited at this point.
JIm Cramer . The undisputed king of catastrophic market calls . And it " free " advice to boot !
There are many factors that move the price of gold and silver because gold and silver have many use cases. There is one, and only one, factor, that moves the price of Bitcoin...more people buying it than selling it.
Love your channel. I really think you need to do some more research on Bitcoin and crypto.
I don’t trust Bitcoin/crypto because I don’t understand it. Just seems too iffy and shady. I’m more of a cash in coffee can sort. Go ahead, call me an idiot but I got caught up in the flip bubble and lost $10,000. Many,(most?) of us don’t have enough money to take on risky investments we don’t understand.
And be prepared to eventually lose your shirt . It's still a speculative commodity .
Don’t dump all your money into bitcoin and crypto
Great content Michael. My advice is to invest in some sunscreen, a normal shirt and a straw hat.
😂
Michael, the bubble has popped. It's very interesting that people see the bubble popping and anticipate and instantaneous fall real estate values. They have to recall that the foreclosure and forced sale problems did not begin to pick up pace until unemployment levels hit that trigger number. With layoffs increasing and spreading to every sector including more big layoffs connected with Union action and a new administration coming in with a mission to lay off government workers, (the only sector where jobs have recently been added). This eventually cause the deflation of the bubble to accelerate and become the crash you were looking for. Make no mistake if you're in the period of increasing layoffs. The bubble has already popped cuz there is no way to keep the bubble inflated as unemployment increases
Imagine thinking markets like Miami and Vegas are even remotely representative of the market as a whole. Next level idiocracy.
This does not look like an ordinary bubble; it just looks like inflation/melt up type scenario. You can have an AI bubble; you can’t really have an everything, everywhere, all-at-once bubble. There are two ways to rectify this; either stock prices crash or the dollar price crashes. A PE of 30 becomes an ordinary PE of 15 if the dollar is cut in half and the stock company can charge twice as much.
Im 30 years old low salary janitor automatically investing 400 € per month on USA mutual fund. Also keeping nice chunk of cash ready for next crash/black swan and little bit of gold if things get really messed up. :-) God bless you.
You sound like the smartest one here. It doesn't matter how much you earn but how much you are investing that is the most important factor.
God bless you investing! Invest ALL
@@markquitoshammeritos Thank you. I Appreciate that
"just like lying, stealing and crying......" haha love it, realist shit you ever said.
Bought my house in 2008 at the height of the bubble. 15 years later its worth 3 times what I paid for it.
2008 was not “the height of the bubble.”. The bubble top was 2006. Prices started dropping in 2007 and were down substantially in 2008. Your comment makes no sense.
@@tobyk5149his house is worth 3 times what he paid for it? My neighbor's house is worth double what he paid for it. Only problem is his house has been for sale for close to a year. Nobody even shows up at open house . When you actually sell your house for 3 times what you paid then your correct. In the meantime the county tax assessor agrees with you.
Just checking in michael, sad to see you left the bay area for your temporary stay, was great hearing you talk in front of the delusional population we have here, but there are many locals here who love your content.
I truly love the bay area and if the stars align, I plan to spend many future summers there
Lean...observe. .. and be patient