In the USA, individuals living in cars due to partial homelessness result from a complex interplay of factors. High housing costs relative to income, stagnant wages, and income inequality drive this issue. Job loss, weak social support, medical expenses, evictions, and lack of affordable housing also contribute, while systemic problems and inadequate policies further perpetuate the phenomenon.
Considering the present situation, diversifying by shifting investments from real estate to financial markets or gold is recommended, despite potential future home price drops. Given prevailing mortgage rates and economic uncertainty, this move is prudent, particularly due to stricter mortgage regulations. Seeking advice from a knowledgeable independent financial advisor is advisable for those seeking guidance.
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.
I appreciate the implementation of ideas and strategies that result to unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Finding financial advisors like “Jessica Lee Horst” who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
I greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look her up and send her a message. You've truly motivated me. God's blessings on you.
Major indexes booked their worst yearly performance since 2008 thanks to drivers like the recession, war, hiked interest rate and inflation which so far doesn’t seem to be easing off, so I’m left wondering what 2024 has in store for us investors, I’ve been sitting on over $745K equity from a home sale and I’m not sure where to go from here, is it a good time to buy or do I wait?
Focus on two key objectives. First, stay protected by learning when to sell stocks to cut losses and capture profits. Second, prepare to profit when the market turns around.I recommend you seek the guidance a broker or financial advisor.
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Strategists have been aiding folks in recording gains over 250k just in a matter of months, so I think there are alot of wealth transfer in this downtime if you have someone who knows where to look like i do.
Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
This guy is straight up telling everyone to move into his apartment complex and give him money for the rest of their lives rather than invest in a home. Ban corporations from buying homes!
Apartment complex raised the rent on 2020. Now I am not able to pay for an apartment anymore and actually paying for a small room at 70% from my SSA check, shared bathroom and microwave!
I paid $90,000 to sell a house that sold with 3 days. My listing agent was highly recommended, yet completely awful. It seems like a huge waste of money.
The problem we have is because Most people always taught that " you only need a good job to become rich " . These billionaires are operating on a whole other playbook that many don't even know exists.
It is remarkable how much long term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.
The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.
Many individuals report success in investing in stocks, forex, and cryptocurrency (Bitcoin), yet I continue to struggle. Can somebody help me out or advise me on what to do?
Even with the right technique and assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless." - Thomas Jefferson
thugs. he is "right" the fed should only be printing money and give it to them for free, and then print some more and lower rates even more, until BlackRock and the rest will finish buying all here is on the markets and you'll own nothing and be happy to pay rent. funny how nobody complained about rates at zero for so long, but now when the rates reverted to some normal levels everyone is screaming. as long as the FED manipulated rates by keeping them low for a decade, he was not complaining, now that the rates are up, he throws a tantrum. HOW ABOUT LET THE PRICES CRASH TO MAKE THEM MORE AFORDABLE FOR ANYONE? HOW ABOUT SOME COMMON SENSE?
Can’t run from taxes. Property taxes the only unrealized gain tax that we blindly accept. Go live off grid. If you’re successful at it they will tax you out of it.
The eviction bans killed my rental real estate business. Once tenants figured out they didn't have to pay rent, and there was nothing I could do about it, they just camped out. Then they trashed the places on the way out. The feds gave the states money to refund landlords for their losses but I got 1/3 of what I was owed after endless paperwork. The states then blew the "unspent" money on pet projects and corruption.
He isn’t an expert but no one really is at this moment in time. Everyone is scrambling in Real Estate to make sense of the industry as a whole right now
In reality this is what happens when you expect the market of a basic human need to be handle fully by the market, rich people will set the prices the highest possible!
@@Manolo.hRight. Hedge funds see interest rates are high and realize, "Hey, we could just buy them in cash." Sellers prefer cash offers and so sell to the hedge fund. This drives up demand, because other hedge funds follow. The talking head here clearly has a vested interest in what he's pushing, because he's not dumb and he's saying things that just aren't true.
@@Manolo.h Rich people don't set the prices for homes. If they did, they'd list their mansions for $3 billion instead of $3 million. Prices are set by markets, not owners.
Recession! Crash! Inflation! It’s getting depressing. I have about $100k in emergency fund and I have been seeing good news about the stock market and would like to gain from that since I can’t let my savings be corroded by inflation. What stocks should I buy into as a newbie to safely grow my money.
It’s best if you buy growth/blue-chip/large caps stocks only. Also, as a newbie it’s advisable you work with an investment advisor to help set up a well-structured portfolio.
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
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 portfoIlo allocation
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 ‘’TERESA L. ATHAS’’ for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
We let chynheese polotics and busniness ideas in through our demonratz party of the government. Now our housing markets gonna look like theirs obviously
@@atticusfinch3931 as long as you can continue to find renters who can afford it. If you own a few rentals and live in a decent area you'll be fine. But if you own dozens you'll start having issues keeping them rented out as the economy continues to decline. This situation kind of reminds of comedians/bands playing every single venue at least twice. Once on the way up and then again on the way down. You'll have renters on their way to home ownership and then again on their way back to their parents house.
@@willhall640 I agree ,and like the comparison. But landlords should be able to charge what ever they want you can either pay it or don’t live there no one is forcing anyone to do anything. The coasts and responsibilities on a landlord are tremendous, and there is a difference land /slum , but a reputable landlord will,always keep,property’s up . I know not a lot will see it this way , but if it were rolls reversed they’d be for it . Nice talking with you
I think it's time to make it more appealing for potential buyers. Real estate can be quite the rollercoaster! the stress and uncertainty are getting to me. I think I'll cut rents to attract potential buyers and exit the market, but i'm at crossroads if to allocate the entire $680k liquidity value to my stock portfolio?
"Overall, buyers hold a lot of the cards right now, and sellers are having to give out more concessions to close a deal." All the best, buying on sale is actually one of the best ways to invest in stocks, and advisors are ideally suited for such task
Until the Fed clamps down even further I think we're going to see hysteria due to rampant inflation. If you are in cross roads or need sincere advise on the best moves to take now with financial markets will be best you seek a fin-professional with fiduciary responsibilities who knows about mortgage-backed securities for proper guidance.
Melissa Terri Swayne is the coach that guides me, you probably might have come across her before I found her through a Newsweek report. She's quite known in her field, look-her up.
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 fact that there is already an excessive amount of demand awaiting its absorption, despite how everyone is frightened and calling the crash, is another reason why it is less likely to occur that way. 2008 saw no one, at least not the broad public, making this forecast, as I'll explain below. The ownership rate was noted to have peaked in 2004 in the other comment. Having previously peaked in the second quarter of 2020, we are currently at the median level. Between 2008 and 2012, it dropped by 3%, and by the second quarter of 2020, it had dropped from 68 to 65.
You're not doing anything wrong; the problem is that you don't have the knowledge needed to succeed in a challenging market. Only highly qualified professionals who had to experience the 2008 financial crisis could hope to earn a high salary in these challenging conditions.
I won't pretend to know everything, though. Her name is Vivian Carol Gioia but I won't say anything more. Most likely, you can find her basic information online; you are welcome to do further study.
The only way the US has a major correction in the real estate market is if we have major continued mass unemployment. Until that happens, prices won’t really come down.
The looming crash of 2008 was propped up by the Fed and the Taxpayers bailing out the banks which should have been allowed to fail (actually the Mortgage backed securities would have failed). Instead BlackRock and other institutions bought up the houses with money given to them by the Fed and turned them into rentals.
He is just an extremely successful marketer, and with that of course comes tons of haters. I'd argue the only way he was able to achieve this success was by providing tons of value for free 🤷♂
@@zac2877Listen to his podcast. He is incredibly talented, knowledgeable and loves helping people. His podcasts are very interesting too you learn a lot.
Billionaires often promote the idea that money isn't the key to happiness, but in reality, money provides security and freedom. By investing, they secure wealth for future generations, highlighting the importance of financial literacy and stock market investing for building a better financial future.
The common belief that a stable job leads to financial success contrasts with the approach of billionaires, who focus on entrepreneurship, investing, and building passive income streams through long-term strategies and calculated risks methods not typically taught in traditional career paths. Most people are unaware of these alternative principles that can lead to greater wealth
I sold my three-bedroom home, with all the amenities, last January to my adult son that was still living in it. I gave him a great deal, and he got a great mortgage rate at 3%. Even the mortgage signer could not believe the rate, he asked if we had paid down the interest rate. We didn't know you could do that. My son is a Marine veteran with PTSD, and owning his home has changed his life for the better. He had tried to purchase other homes in the area but kept getting outbid by ridiculous amounts over the asking price. His mortgage payment, with tax and home insurance included, is lower than the rent he was paying. He is one happy man. It is a win-win for us both; he got a great deal on a home, and didn't even have to move, and I am out of debt.
I bought a house in 2000 right before the market skyrocketed for $75,000 which is what I felt I could afford with a baby on the way. Right now I have family in the same neighborhood trying to sell a slightly larger house, (carport enclosed - but in much worse shape than my home was in when I bought it) and they are getting offers for 250,000 to 300,000 even though there is no HVAC and one of the two bathrooms is really messed up and needs a complete redo. So the buyers are there ... The problem is that they are all investors, not people looking for a home. That area has been steadily being bought up by investors and when I left 5 years ago, there were so many empty houses and most of the available homes were going as rentals because in that area rents were still more than mortgages on comparable properties, even with taxes and insurance, but then again that was five years ago. However, in Florida at least, I know for a fact that landlords put the costs of taxes and insurance into the rental price because no business in Florida is going to pay for anything they can get out of and the housing market is so bloated that people have no choice but to pay the high prices unless they want to move, be homeless or double up with others.
Back in 2007, during my time working in real estate, I witnessed people purchasing newly built homes from builders with the plan to sell them before the closing of escrow to another buyer for a profit. The crash hit hard and fast, and I vividly recall many of these units ending up foreclosed upon, with the builder's plastic still covering the carpets.
Most people find it difficult to handle a fall since they are used to bull markets, but if you know where to look and how to maneuver, you can make a size-able profit. Depending on how you intend to enter and exit, yes.
Accurate asset allocation is crucial. Some use hedging or defensive assets in their portfolio for market downturns. Seeking financial advice is vital. This approach has kept me financially secure for over five years, with a return on investment of nearly $1 million.
“Sonya lee Mitchell’’ 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.
A home was never supposed to be a short term money making "investment" but a place to live long term and raise a family. The problem is that employment security has become non-existent and people can not be sure they will be in one place for long. Other life changing events that have recently happened have changed housing plans for many people, along with putting off marriage and a family.
@@720erik2 why would anyone that re financed sell now? To go from a 3% to 8% rate? Think before you speak. People are not selling because they have very cheap money.
@@executiveinvestments wrong what I said is 100 percent accurate. If you bought a house and didn’t get greedy and pull out your equity you could still afford to sell and borrow at a higher interest rate. For example most Californians can no longer sell and move to Texas for cheaper housing since they can’t break even unless they sell a 400k house for 900k.
@@720erik2 clueless. You’re paying the same for a much cheaper house. Pay attention. According to you nobody in California can sell their homes right? 🤦♂️🤦♂️🤦♂️🤦♂️. Go back to sleep kid.
@@UltimateKeyboardWarrior My income is three standard deviations from the mean. I don't run around telling people they should be happy having nothing. Very familiar with equity funds.
You don't know what you're talking about. Grant doesn't buy single family homes, he buys apartment buildings. Which is a completely different market from single family homes. You need people to build and own apartments to be able to provide rentals. Investors scooping up single family homes and converting them to AirBnBs is an issue and there's an argument there. But supply is the issue. We actually need more development to LOWER prices.
@@macbr9 What else did Cardone say that you agree with? The "greatest real estate correction in his lifetime"? I guess he wasn't alive in 2008-2012. It's gonna be a "great opportunity for regular, everyday people to grab trophy real estate from institutions"? The ordinary people who can't afford to buy houses are gonna buy apartment complexes? And the Federal Reserve didn't control inflation? This guy spouts nonsense.
Yeah and guess how many of those apartment buildings he's not paid on. Commercial real-estate is just as bad, if not worse than residential. His residential properties are in the same boat. Guys a fraud. Doing the same things that people did in 2006 thinking there were no consequences. The only difference now is there are more people to move money around and the scams last longer. @@macbr9
I remember in 2007 when I was working in real estate seeing people buy homes new from builders with the intention of selling before close of escrow to a new buyer for profit. The crash was so brutal and fast that I remember seeing a lot of these units foreclosed on with the builder plastic still on the carpet.
I’ve been diligently working, saving and contributing towards early retirement and financial freedom, but since covid outbreak, the economy so far has caused my portfolio to underperform, do I keep contributing to my 401k or look at alternative sectors to meet my goals?
@@izagdlife Consider investing in stocks especially during a recession . While recessions can be tough, they can also offer good chances to buy low and sell high in the markets if you're cautious. Just remember, this is not financial advice, but it's a good time to think about buying stocks since having cash on hand isn't always the best option.
@@izagdlife Understanding your financial needs and making effective decisions is very essential. If I could advise you, you should seek the help of a financial advisor. For the record, working with one has been the best for my finances...
@@charlotterayeee How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
@@izagdlife *Mr Gary Mason Brooks* 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.
You at least have something to show for it after 15-30 years. Renting is just throwing your money away. With the price of renting these days you could afford a mortgage
Exactly !! His opinions are based upon the market being at a halt and trying to reason through it from the perspective of an investor and one who makes money selling to investors. Investors will keep pushing prices through the roof as long as they can find a renter willing or able to pay the exorbitant rent needed to pencil out a profit. He expects or concedes that you pay the ridiculously high rents if you're unwilling or unable to pay the ridiculously high price to buy. These housing markets are priced far too high to be willing or able to buy for most working families. The pricing must come down to the levels that the majority of people can afford housing to have a healthy and vibrant real estate market and that will never happen as long as investment money is able to purchase residential resale real estate of four units or less especially now that they have been able to throttle the rents so high.
That’s why prices are high, hedge funds and investors snatching up houses to become landlords and making it harder for private citizens to own their own home.
Not at all. Did you watch the video? Your useless Democratic Party and its “leader” it’s the problem. Politicians have no business co trolling business.
The government will never suffer! It’s not the government you need to worry about and if you think it’s still the government you’re worrying about it you’ve been distracted by the distractions they wanted you to just look at. I wish you the best is not the government soon if you’re not paying attention, everything‘s gone OK. Bless your heart I wish you the best, but this plan has been going on for a long time. Take a moment and look within yourself stop watching the news and start trusting. What is inside of you because you have a Lotta time just like the rest of us.
Two years ago the average cost of a single family home in America was $215,000. Now here we are. Just two years later. The average cost now is $400,000. And the interest rates went from 3% to 7%. That’s insanity.
@@sleepy670 I’ve made a resolution to not get into these things with strangers on the internet. No one ever concedes when they are wrong. There’s that, or they are just simply trolls stirring the pot bc they have no lives and like contention bc again, they have no lives In regards to my statement. Look it up. Google it. Take a consensus among the results bc the ‘400k’ is actually under the average
That guy needs a couple of corrections. My four-bedroom house mortgage is still hovering around $1000. My parents three-bedroom apartment that she shares with my sister and her baby daddy and their two kids is 1900 and that’s Housing Authority apartments
The only way the prices go down is if there becomes more sellers than buyers and the only way that happens is if we hit a bad recession and have major loss
There’s nothing remotely close to 2006, and Now! The crash actually started in 2009, not 06, what caused that crash was giving loans to anyone who could breathe for 10 seconds then on top of that they did a lot of 120% loans, so as the economy started to cool, it started first the easing of property values going up to leveling then to declining, once the decline kicked in and the economy and job market now dropping, people were struggling to pay their mortgages. There was a glut of inventory as well, so you couldn’t sell your house to get out from under it. All the sudden your 300,000 home was now worth 230-240k which led to people waking away. Today’s market depending where you live has dropped very little, and there’s reason for that, low inventory, nobody wants to sell their 3% interest loan to buy a 6-7% loan. The other reason is inflation, the material costs on a home have gone up significantly as some wages. So right now anyway it’s more of a leveling of this market and a stabilization. Which is good, Now how long that last! Who knows, all kinds of crap can happen..
@@visax8550 These high prices and high rates haven’t completely stopped people. There’s no supply right now which is why despite the high rates the prices are going up. To be honest idk how you fix this mess besides get more builders out there. Or maybe stricken rules about rentals to get more houses on the market again. I’d rather not wish for a financial meltdown that causes a lot of foreclosures.
My landlord just raised our rent by $350. Both of us are moving out of this crappy double; I'm buying a house, he's renting a house. Whoever is telling these people what property values are supposed to be have no clue.
It is difficult to make exact projections for the housing market as it is still unclear how quickly or to what degree the Federal Reserve will reduce inflation and borrowing costs without having a substantial negative impact on demand from consumers for anything from houses to cars.
I agree, It's not just the prices, but also the increasing interest rates that are making it more difficult for people to afford homes. With a good FA you can make up your portfolio.
Agreed. I deal with an investment advisor for this reason. I currently have over $800k invested in a diversified portfolio that has grown exponentially and is suitable for all market seasons. Our current project for this year is a more concrete ballpark target.
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?
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.
I do wish I had known earlier how cheap it was to own a home vrs rent I’m at $1230 with taxes,insurance 3 bdr 3 bath . That’s the price of a crap apartment. I would have definitely bought more homes. Every one made it out to be so scary especially when I did buy lol. Valuable lesson learned .
Does anyone feel bad for these real estate agents?? They charge way to much and make way to much money for what they do. Now they’re struggling to make payments on their second homes and luxury living and we’re supposed to feel bad for them.
Seems to me the agents were the ones over valuing homes starting in the late 80's. Then in the 90's the banks were giving money away to buy a home and the prices went thru the roof and everyone I knew was building a brand-new home. It was cheaper to build a new one than to buy an old one. In 1981 my first home cost 23,000. It was small but affordable.
In spite of how everyone is frightened and calling the crash, there is already an excessive amount of demand waiting to absorb it, which is another reason it's less likely to happen that way. This forecast was not made in 2008, at least not by the general public, as I will explain below. The ownership rate peaked in 2004, according to the other comment. We reached a peak in the second quarter of 2020 and are currently at the median level. From 2008 to 2012, it fell by 3%, and in the second quarter of 2020, it dropped from 68 to 65. how can a young man with 200K survive?
Find stocks with yields that exceed the market and stocks that, at the very least, follow the long-term market trend. However, you should get guidance from a financial advisor if you want to create a successful long-term plan...
Apt!! I was self managing but suffered heavy losses in 2022 and i knew i couldn't continue like that, so i consulted a fiduciary financial advisor. By restructuring and diversifying my $620k portfolio with dividend-paying stocks, ETFs, Mutual funds and REITs, I significantly boosted my portfolio, achieving an annualized gain of 30%.
Vivian Carol Gioia 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.
Not from an investors standpoint ! Biden helped us get some of the Best Buy in opportunities of our lifetime. The rest of what Biden did is a disgrace.
@@jeniferketchum9754 Whats a catastrophe for one will be a huge opportunity for another. Read proverbs 13:22. God always has a plan. Psalms 37:19 They will not be ashamed in the time of evil, And in the days of famine they will have abundance. Those that have a relationship with The Lord will thrive. Those that don't will not fare so well during these times of economic turmoil. God is causing and allowing many things to happen to get people to REPENT and seek Him (Matthew 6:33). This is the main reason why things are happening. God is righteous and just. These things have to come to pass. I encourage everyone to find Christ for themselves. This is just the beginning. Sad to say God has to have bad things happen to get people's attention all throughout history. But regardless let His will be done. God bless you and your family.
@@MM-24 ding….ding….ding! You’re the winner! Can’t go without blaming Trump. The President does not set interest rates. And I bet you weren’t complaining when they were low. But you can complain about the Fed Government’s out of control spending and current policies for why we’re in this predicament.
My primary concern is how to grow my reserve of $300k which has been sitting duck since forever with zero to no gains, sure I know the risks of short term gains are much greater but if well managed one'd make a killing, am I wrong?
The current state of the market may bring opportunities to increase profits quickly, but professional assistance is required in order to put such a plan into action.
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.
Lucinda Margaret Crist is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Property taxes are bs...I am blackmailed to pay them or they steal my house I worked for not them and the money isn't used properly or the roads wouldn't be so crappy with pot holes.
He’s the biggest fraud and scammer in history! He is being investigated by numerous agencies! The only thing Granty Boy is an Xpert on is Xenu! Sad he is a leading financial contributor to the horrific human trafficking, mind control, slavery cult known as Scientology.
This happened with the 2004 housing boom - home prices were greatly inflated, meaning people couldn't sell later because they owed more on the house than they could sell for. I know quite a few people who bought then, thinking they were making a good investment to sell later, but it's taken until the COVID housing boom for the prices to come back to those original amounts.
To balance out your real estate holdings, I suggest investing in equities. If you're cautious, even the worst recessions can present fantastic buying opportunities. Additionally, volatility can produce fantastic short-term purchase and sell opportunities. This is not financial advise, but you should buy immediately away because money isn't king right now!
Yes I concur, I've been talking to an advisor for long now, mostly because I lack the knowledge and energy to deal with these ongoing market circumstances. I made more than $220K during this slump, demonstrating that there are more aspects of the market than the average individual is aware of. Having an investing counselor is now the best line of action, especially for those who are close to retiring.
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 just looked her up on the internet and found her webpage with her credentials. I wrote her a outlining my financial objectives and planned a call with her
As a home owner of over 20 years, I make deliveries to these new apartment buildings. No thanks. I would rather live out in the forest with the bears and wolves.
I don't believe him..I have to research these claims because a mortgage over 30 years should be cheaper than the rent payments..of it's true it would be odd
@WordMadeFlesh777 a lot of people work hard..im a single person in a professional job working hard...I can't afford two homes..you must be making money on the back of someone else's labor
The problem is money printing. Inflation IS THE INCREASE OF THE MONEY SUPPLY. Prices increasing is just a consequence. YOU CAN'T PRINT TRILLIONS OF DOLLARS IN MONEY, and not expect the prices to rise. The problem is that THE LEFTIST DEMOCRATS ARE IN POWER. Vote republican next time.
Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
Overall, 51% of traders think this year would favor stocks, mutual funds, and other equity-based investments, despite Treasury yields and other safer cash-like investments paying big. I’m looking for opportunities in the market that could fetch me $1m ahead of retirement by 2025
Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions. Alternatively speaking to a certified market strategist can help with pointers on equities to acquire
True. Having the right financial planner is invaluable. My portfolio is well-matched for every season of the market and recently hit 90% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, though this could take till Q3 2024.
'Linda Aretha Reeves' is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Well geez I wonder why a dude that makes millions of dollars in the rental business does not want anyone to seek ownership of a house?? Also, does he not own a house?
If he's still in South Florida, he owns the building... then "leases," to himself...) Their investments are mainly in apartment syndication, based: REITs. However since they had to overpay, on many of those properties in the last half decade, or so (and now the inflated rental incomes are already 'tanking' in most US, etc. markets...) most of these paper multimillionaires to billionaires will also ultimately soon loose out (but moreso, than in 2007- 12) to the foreclosing bank$ters (along with SFR buyers, to commercial and industrial interests, when the banks won't lend, nor refinance... and states like California now have "first right of refusal" to cherrypick properties!) while the smaller RE 'investor' in say Wall Street Trojan horse REITs (similar to mortgage back securities, and credit default swapped traunches, in '08) may well loose most, or even ALL... of their money? But Grant is RIGHT ON about the (City of London / BI$ controlled) FED!
He's clearly lying about how supply and demand work, he just knows the majority of people watching this have never taken an Economics class, or if they did they forgot it all 20 years ago. I do agree that home ownership is a bad investment, for most families. It would be good if you bought in cash, but almost no one can do that.
Exactly! We won’t see a crash in the near future. As a matter of fact the FED’s are keeping inflation at 2 percent. How will this crash the market? They get everyone rallied up so the big Whales can make the major moves on the small guys.
rates are still and will be very high over 2024, only a few rate cuts, 2025 will likely be a great time to get into a home, with a lower real estate market, and low rates before things recover
Just paying the bills is a mess in this country! I just looked at an item in a grocery store that I paid 3 99 for last year, it was 7 19 yesterday! And it was smaller! That is just an example how bad it really is. How some one with three children is going to put groceries on the table and have a mortgage is impossible ! This administration stands there and tells us how much better of we are and are our country and way of life is disappearing!
Vote republican next time, leftists always prints tons and tons of money. Remember, inflation is the increase of money supply, rising prices at the grocery store is just a side effect.
I have 35% of my capital investments in an IRA, 25% in index funds, and the balance spread across other investment accts totalling over $250k. I took a big hit in Q2, 2023. Right now i am just looking for ways to recover in 2024.
There are a lot of strategies to make tongue-wetting profit especially in this down market, but such sophisticated trades can only be carried out by proper market experts
I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost $673,000
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.
1800 is even too much for a one BR, no matter "amenities" which are often charged extra - now days. TX rents went up 2-4X irenting the same apt in 2015.
Most people take the standard deduction, which means most homeowners dont itemize their deductions. So if you rent a property rather than owning a home you are effectively getting the same tax benefit as a homeowner would without owning a home. The only difference is the equity with home ownership
$1800 gets you an apartment in the ghetto of San Jose, CA. And that's IF you make 3.5 times the rent, have a $3000 security deposit, no pets, perfect credit score, and impeccable rental history.
Up until about 10 years ago you could rent anything in South Florida for $700 to $1,000 a month. That's the point. It has nothing to do with how much a person can earn. If you think that paying a huge amount of money for rent is a good idea you should move up to New York.
I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
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?
’Carol Vivian Constable’’ 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 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.
Housing crisis triggers a market crash or a financial crisis, it could send shockwaves through the stock markets worldwide. I’m worried about my investment of over $600K stocks. Is this a time to consider diversifying my portfolios?
If the housing market takes a hit, it might lead to reduced consumer spending and overall economic instability. I advice you consult with a professional about your investment portfolio to enable you to take advantage of the downturns.
The housing market has always had its ups and downs, but it's true that this time feels different. Having a portfolio manager will save you a lot in the market. My coach has helped me expand my portfolio by 200% over the past few months.
My CFA ’Rachel Sarah Parrish’ , 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.
Don’t blame the Fed blame Bidens inflation. Yes Fed hasn’t done enough but you can get brand new homes in 5% range/down payment assistance and people are still not buying
For sale by owner always worked for me. I paid a qualified appraiser and then marked it up 5% so i could negotiate down if neede. People have to say they got you down on price. Worked every time. For both sides on a fair price and i didnt have to pay a realtor as i had in the past.
Excellent comment. Realtors are parasites. There are 600k more realtors than there are homes for sale in this country. Pay an attorney $500 to do a title search and you're done.
This argument is silly you may have paid 10% but you also could buy a house back then with a plumbers salary, even at 10% ! try that today not happening
Nice video I used to think every investor went broke during recessions, meanwhile some made millions. I also thought everybody went out of business during the Great Depression, but some went into business. Bottom line, there's always depression for some and profit for others, it all starts from having the right mindset. That said, I've set asides part of my savings to invest for future. Unfortunately I'm a complete noob.
True, A lot of folks downplay the role of professionals until being burnt by their own emotions. I remember couple of summers back after my lengthy financial setback, I needed a good boost to help my business stay afloat hence I researched for licensed advisors and came across someone of due diligence who helped a lot to grow my reserve notwithstanding inflation to over half a million dollars.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've been stuck with Amber Dawn Brummit for about five years now, and her performance has been consistently impressive.
Not just interest rates BUT The Tax assessments on existing home owners are another big issue I bought a home 5 years ago , have a 4.5 % fixed rate for $121,500 But the recent assessment values my property at $187,500 so....... they send me an additional Tax assessment bill for the difference They're trying to force people out of they're homes
In the 1950s, families could afford a home with just one income. Typically the husbands while the wife takes care of the kids. As house prices have slowly went up over the last 70 years, that culture has changed warranting two incomes to afford a home. Maybe the husband works full time and the wife works part time just to make ends meet. We are entering new territory since Covid and prices jumping up 20-30%. It now takes more money to buy a home then a husband and wife can afford both working full time jobs. In the next coming years, this will lead to less home buying and more renting. Unfortunately, this will be the new American dream. Being able to afford rent just to say they get to live in the good old U.S. of A.
In the 1950’s, the wife was expected to stay home, so the prices in the 1950’s is based on available income. Also, homes in the 1950’s were basic homes with not a lot of bells and whistles people desire today. Once women became regulars in the work place, the husband and wife working, there was more income to buy more expensive items and the basic items increased. You would need to adjust wages and prices in the 1950’s to today’s prices.
Don't forget... The more the Gov't allows illegals to just walk right into our country , the more rentals they're going to need to house them. This is all for them ya know
Back in the day, when I purchased my first home to live-in; that was Miami in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.
I advise you to invest in stocks to balance out your real estate, Even the worst recessions offer wonderful buying opportunities in the markets if you're cautious. Volatility can also result in excellent short-term buy and sell opportunities. This is not financial advice, but buy now because cash is definitely not king right now!
Anticipate rising home prices due to inflation, potential economic fluctuations, and Federal Reserve actions, emphasizing the need for expert financial advice amid uncertainties.
Sharon Marissa Wolfe is among the most accomplished portfolio managers in the industry, widely acknowledged for her outstanding work. I highly recommend taking a closer look at her impressive portfolio.
Agents should have planned ahead. They had 4 yers of easy money! I don’t feel sorry for mortgage or real estate brokers. The fed has always done more damage than help. Free market is the best way to go
At what point do you become so lost that you actually think the agents have any influence on the interest? They also don't control the value. Agents have zero to do with any of the problems in home affordability or interest. Try again. Try.....bidenomics economy.
They enjoy those higher prices and commissions. Never seen a real estate council someone that the price or loan interest might be more than they can afford. @@lenaadams786
@@lenaadams786Clearly you are replying to someone else. I have been in building and real estate for 30 yrs in Vail. I think j. Powell should be fired for causing this mess. Realtors get to make money off what I create. I’m the god, they are the used car salesman, bottom feeders. Period. When you take a raw pile of wood and create, make drawings, build cabinetry, furniture and homes, let me know. Until then Carmax is calling… Don’t be a victim. We have enough of those in the world. Building and real estate have been boom bust my whole life. You make money while the sun is shining.
@@gregh7457 they are, black rock during the height of the pandemic was buying 10k houses a month. Zillow bought thousands a month. And other companies. Real estate companies who sell houses even bought thousands during the pandemic. The shortage didn’t just happen because “more people stayed home” companies were buying in the thousands which caused the crisis very fast.
Property taxes, and insurance rates are what is killing the viability of owning a home when the tax and insurance rate is as high as the mortgage rate that is what one of the problems is.
Opinions on the market diverge; some claim overvaluation due to rapid gains, while others cite strong economic fundamentals justifying high valuations. Raises concern for my $600K equities going 8% up and 20% down. Should i hold on or sell off my positions and hold cash?.
In fact, markets have incorrectly priced in such a pivot six times over the last two years, according to Deutsche Bank, which sounded cautious about this seventh time. Still showing us why pointers from market experts are essential.
Accurate asset allocation is crucial, and some individuals use hedging strategies or allocate part of their portfolio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay financially secure for over five years, yielding nearly $1M in returns on investments.
45% of real estate agents can’t pay their office rent? How about can’t pay their car note, insurance, groceries, phone bill, etc! I’ve never struggled like this before after being a top selling real estate agent in Dallas for 10 years. This past year has been nearly impossible. I’m months behind on bills and I feel like I’m drowning. I wake up everyday and check to make sure my car hasn’t been towed. Having to work other jobs and they barely help. It’s a never ending struggle.
There is zero people buying and selling house in my town. Now huge appartment buildings are going up. American dream is over in my town. You now have to pay 3 times for house from 15 years ago. Every one moved out of the cities and are now working from home.
@@steveb796don't make excuses for a terrible failing Government ...that's only interested in getting free votes ...there was a time when our Gov actually had brains and realized the importance of home ownership....!!!
@@danielsharp3683 unfettered capitalism has allowed home prices to go up. The federal reserve raises interest rates to tamp down the demand which lowers prices.
Watching how the real estate market is being manipulated in favor of some persons, I’ll advise we venture into other marketing options and look for other ways to invest that will be favorable to us.
I'm glad I was introduced to forex trading and got the best teacher and mentor who helped me understand the financial market l'm grateful to Mrs Shanita 🙏🏻
She is outstanding so well mannered teacher, glad i saw this here the knowledge you will gain is for a life time. Now is the time to invest in your education for 2023.
fear a housing crash due to people buying homes above asking prices with little equity. If prices drop, affordability and potential foreclosures may arise, worsened by future layoffs and rising living costs. I want to invest more than $300k, but I'm not sure on how to mitigate risk.
Consider reallocating from real estate to other reliable investments like stock, crypto or precious metals . Severe recessions offer market buying opportunities with caution, as volatility can yield short-term trading prospects. Not financial advice, but it may be wise to invest, as cash isn't ideal in this period.
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
One lesson I've learnt from billionaires is to always put your money to work, and diversifying your investments. I'm planning to invest about $200k of my savings in stocks this year, and I hope I make profits.
You are right. The best approach I feel is to diversify investments- by spreading investments across different asset classes like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
That makes sense. I’ve been using a financial market expert for two years now and I own a six-figure diversified portfolio from investing in stocks. I want to diversify more this year, though.__
That’s because Fox is part of the mainstream media. Both sides of the political system are corrupt. It’s all an act and the parties are in on it together.
I sold an apartment in Rochester and made about $250K. I was frustrated when I only earned $171 in interest from a regular savings account. After doing some research, I was advised to invest in stocks. Are these stocks a good point to start from?
While the stock market is promising and can give good ROI, expert guidance is essential for effective portfolio management so you don't get burnt out in the market as it is very volatile.
I opened an online high-yield savings account with 5.12863% interest compounded daily, expecting to get $2,500 in interest on my initial $50,000 at the end of the month. Instead, I only received $420. When I inquired, I was told the interest is calculated daily, which was not clearly stated on the website. My partner advised me to divert into stocks through an advisor, and in just six months, I achieved over 80% capital growth, excluding dividends. Highly recommended!
Pls how can i meet this advisor? i want someone to help me invest my divorce settlement, It's just being laying around in the bank without much interest.
Melissa Jean Talingdan is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment. She’s really good
The only problem with apartments going for rent is that they will keep increasing their rent every year. My rent was increased 9.99% considering the legal amount is 10% in California
Great video, I have always wanted to invest and start my retirement plans early enough, but I never did. I hope it is not too late for me? I will like good advice on how I can start up my retirement and put up some investments as well. This world in getting more difficult to live in everyday. One needs to prepare for the future and kids inheritance.
I total agree, get the assistance of an expert and save yourself the troubles that comes with investing or trading. As for me, I am very busy with work, I do not have time to monitor my investment, but I still make so much profit every time. That is because I have someone doing all the work on my behalf.
This is THE problem. Guy literally is telling us what the issue is and we allow it. "Oh lets just have large banks, investment firms and shady corporations buy apartments and homes and jack the rents up for safety and quality of service!" LOL meanwhile average families can't afford homes and if issues are brought up, the owner of the house just kicks tenants out.
Americans can't afford rent either. It's a losing situation unless one decides to think outside the box and live an alternative lifestyle like van life.
Why is this hard. Cardone, buys apartment buildings to have people send him money to receive 5% approximately. He has been known to buy the apt complex with company A, sell it to so called investors at a higher price with company B. Where he manages, maintains, receives monthly percentage, then 20%-30% on the resale, whenever that is to share with original investors. So, no surprise he would be happier with apartment living he owns. Any rate reductions by the fed, has always meant home sales and higher prices. Simple
In my opinion, a housing market crash is imminent due to the high number of individuals who purchased homes above the asking price despite the low interest rates. These buyers find themselves in precarious situations as housing prices decline, leaving them without any equity. If they become unable to afford their homes, foreclosure becomes a likely outcome. Even attempting to sell would not yield any profits. This scenario is expected to impact a significant number of people, particularly in light of the anticipated surge in layoffs and the rapid increase in the cost of living.
I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!
You are right! I’ve diversified my 450K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above $830k in net profit across high dividend yield stocks, ETF and bonds.
Ya. I know you are wishing for that, but its not going to happen. No one with those low interest rates wants to sell because they can't afford anything else. Even if my home loses $200k of value, I'm not going to sell, as i would eat a loss and more that double my rate. Also all those people who qualified for "low interest rates" are extremely qualified. Its not like 2008 where you just sign on the line and you're approved. I had an 800 credit, a home purchase price 3-3.5x my average income over 3 years, and 20% down. I wasn't special. That's who is getting homes for the last 10 years.
While investors are preparing to celebrate next year's soft landing, economic data doesn't appear to be cooperating, I’ve heard testimonies of people accruing over $250k this red period. What measures can I take to ensure this?
A solid strategy can be a key component of an investor’s portfolio. Well, the bigger the risk, the bigger the reward and such impeccable decisions are better guided by professionals.
Very true. Despite having no prior investing knowledge, I started investing after the pandemic and pulled in a profit of approximately $950k that same year. In reality, all I was doing was getting professional advice.
Very true. Despite having no prior investing knowledge, I started investing after the pandemic and pulled in a profit of approximately $950k that same year. In reality, all I was doing was getting professional advice.
Absolutely! Despite my lack of prior investing knowledge, I started investing after the pandemic and managed to make a profit of around $950k in that same year. Truth be told, I was simply following professional advice.
As a new father who relocated to the Bay Area a couple of years ago, I'm considering buying a single-family home. However, with real estate prices currently skyrocketing, I'm unsure if it's still a prudent decision to proceed with the purchase or if I should focus on investing in stocks for the time being and wait for a potential correction in the housing market. I've heard positive things about Nvidia and AMD as solid investment options.
Certain Ai companies are rumoured to be overvalued and might cause a market correction, I’d suggest you go with a managed portfolio, but even those don’t perform so well, so it’s best you reach out to a proper fiduciary to guide you, that’s what works for my spouse and I.
I recommend diversifying your investments by considering stocks alongside real estate. During a recession, there are potential buying opportunities in the stock market if approached cautiously. Additionally, market volatility can offer short-term buying and selling opportunities. However, please note that this is not financial advice. It's important to be proactive in investing as cash may not be the most advantageous option during these times.
In these uncertain times, it's more important than ever to have a solid understanding of how to manage your finances, invest wisely and navigate economic downturns.
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 $5 million in returns on invest-ments.
Rachel Sarah Parrish is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thanks 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 happened in the 1970's into the early 1980's. Home prices quadrupled from 1972 to 1982 and mortgage interest rates were double digit. Rates came down eventually; however, the prices did not; they merely increased at a slower rate. The only way to stop this is to stop printing money (devaluation of the US dollar). Unfortunately, that will not happen because our debt has reached an unsustainable level and there is no political will to even delay the inevitable. I can only see a scenario in which we default on the debt and begin again.
Yes but mortgages go into the equity and advantage of the owner ... Renting forever is same as leasing a car and never ever owning a car for yourself. If people pay $15K - $20K per year or more in rent - they are better off putting that into a mortgage to benefit them not a stranger's pocket renting to them
This is exactly the point. If you rent, even after thousands of dollars spent lining someone else's pocket you end up getting nothing out of it, no equity, nothing to pass on to future generations.
Sure but part of the problem is even putting 10% down on a $500,000 house is 50 grand. Most people don't have that laying around. And by the way, good luck even finding anything in Denver for only $500,000
@@J.TiberiusKirk exactly; renting and leasing are almost never the better option. Renting is only better if you expect to move wthin the next year or 2. And I can't think of any advantage to leasing. Most of us older folks bought our home or homes when we were in our 20's or 30's and the equity we built is a huge reason why we can retire or are in a position to retire. And there have always been skeptics who have had reasons to not buy. I bought my first home in 1991 right after desert storm when we had a bad recession. Everyone said not to buy. And I bought my current home in 2006 right before the financial crash and everyone told me not to buy. 17 years later the home is paid off(15 year mortgage) and it's up $125k in price despite the big slide in 2007 and 2008
Hate to say it but he makes absolutely no sense. When the interest rates are not tied to the housing pricing. Remember when the interest rate on housing was 2.5% and suddenly the cost of housing went up nearly 20% in 2021. Need a better narrative or reason than the FED. How can we forget how the housing workforce was forced to go home because they were immigrants? How can we forget the ships were stuck in the ports in LA, etc to find out that most of the materials were from Asia (China)? None of this had anything to do with the FED - simply supply and demand. How can we forget the explosion of REIT's the finance sector pushed and corporations jumped with both feet buying up loose houses.
I remember in 2014 when I was working in real estate seeing people buy homes new from builders with the intention of selling before close of escrow to a new buyer for profit. The crash was so brutal and fast that I remember seeing a lot of these units foreclosed on with the builder plastic still on the carpet.
I get where you're coming from with the real estate crash, but I really think stock investment is a better option right now. With the guidance of a financial adviser, you can navigate the stock market effectively and find opportunities for growth that real estate just can’t match at the moment. Stocks offer higher liquidity, flexibility, and the potential for better returns, especially if you’re strategic about it. It’s all about making informed decisions and adapting to the current market conditions!
I agree. Based on my personal experience working with an investment advisor, I currently have $385k in a well-diversified portfolio that has seen exponential growth. It's not just about having money to invest in stocks; you also need to be knowledgeable, persistent, and have the strength to hold on during market fluctuations
My CFA, “Sonya Lee Mitchell”, is a renowned figure in her field. I recommend researching her name online; you’ll find all her credentials and everything you need to work with a reliable professional. With many years of experience, she is a valuable resource for anyone looking to navigate the financial market.
That's not true in my area lol , fixer uppers have doubled in price and people are buying them ...Not sure where you got the notion home prices are going down...plus lower rates will mean more home bidding wars ....Haven't you learned anything past several years . People who been renting can easily afford a mortgage being there paying more in rent than a mortgage...
Out of all the financial institutions on TH-cam you are the only one who gives the easiest way to get rich. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject ..... Thanks to Kristy Loreca the lady you recommended.....
Investing appropriately today can save you a whole lot of stress in the near future so anyone who is not investing now is missing a great opportunity....
No doubt!! I never knew Kristy Loreca had gone viral. I decided to back up my assets and property with her when we met at a conference in New Jersey for the first time.
We sold our last home ourselves and saved so much money and it is not hard to do.Great lawyer and closed in a month.Will never use a real estate agent to sell my house again.
Pass the bill making it illegal for corporations to buy residential homes already! They are artificially inflating and manipulating the market.
The bill introduced by Democrat Adam Smith of Oregon?
I think you nailed it. 👍🏼
Say that to Don Trump and see his eyes bulge!
The only way for the Government to keep getting more property tax dollars without you voting on it is to artificially inflate the price.
That's racist
In the USA, individuals living in cars due to partial homelessness result from a complex interplay of factors. High housing costs relative to income, stagnant wages, and income inequality drive this issue. Job loss, weak social support, medical expenses, evictions, and lack of affordable housing also contribute, while systemic problems and inadequate policies further perpetuate the phenomenon.
Considering the present situation, diversifying by shifting investments from real estate to financial markets or gold is recommended, despite potential future home price drops. Given prevailing mortgage rates and economic uncertainty, this move is prudent, particularly due to stricter mortgage regulations. Seeking advice from a knowledgeable independent financial advisor is advisable for those seeking guidance.
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.
I appreciate the implementation of ideas and strategies that result to unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Finding financial advisors like “Jessica Lee Horst” who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
I greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look her up and send her a message. You've truly motivated me. God's blessings on you.
Major indexes booked their worst yearly performance since 2008 thanks to drivers like the recession, war, hiked interest rate and inflation which so far doesn’t seem to be easing off, so I’m left wondering what 2024 has in store for us investors, I’ve been sitting on over $745K equity from a home sale and I’m not sure where to go from here, is it a good time to buy or do I wait?
Focus on two key objectives. First, stay protected by learning when to sell stocks to cut losses and capture profits. Second, prepare to profit when the market turns around.I recommend you seek the guidance a broker or financial advisor.
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Strategists have been aiding folks in recording gains over 250k just in a matter of months, so I think there are alot of wealth transfer in this downtime if you have someone who knows where to look like i do.
Hello, how did you handle it? I believe I require a pro after reading these comments
Sonya Lee Mitchell is the manager I use. Just research the name. You'd find necessary details to set up an appointment.
Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
Grant is the last person that should be considered an expert.
LOL
Bc ur the first right gtf lmaooo
Go back to your video games
Ya he’s only bought and sold billions worth of real estate you MAGA dope
Let me guess, all you clowns are the bots Scientology paid to have you comment how great Cardone is. Woohoo! Scientology! We ❤ cults! Yay Cardone!
This guy is straight up telling everyone to move into his apartment complex and give him money for the rest of their lives rather than invest in a home. Ban corporations from buying homes!
He aint fooling me. I flip houses for a living an were on fire! Im not saying itll alwayz be this good but were doing great!
Apartment complex raised the rent on 2020. Now I am not able to pay for an apartment anymore and actually paying for a small room at 70% from my SSA check, shared bathroom and microwave!
Who is saying that, not Grant. Grant is just saying what he’s seeing…
Fox's hero.
When I tweet comes down homesgoup.
Why does a real estate agent need $80,000 commission for selling a house? We've been getting screwed for years.
That takes a good chunk of the equity.
I paid $90,000 to sell a house that sold with 3 days. My listing agent was highly recommended, yet completely awful. It seems like a huge waste of money.
Keep voting republican lol
@@slick8640 TDS loser
Because people will pay it
The problem we have is because Most people always taught that " you only need a good job to become rich " . These billionaires are operating on a whole other playbook that many don't even know exists.
Money invested is far better than money saved , when you invest it gives you the opportunity to increase your financial worth.
It is remarkable how much long term
advantage people like us have gotten by trying to be consistently not stupid,
instead of trying to be very intelligent.
The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.
Many individuals report success in investing in stocks, forex, and cryptocurrency (Bitcoin), yet I continue to struggle. Can somebody help me out or advise me on what to do?
Even with the right technique and assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless." - Thomas Jefferson
Unfortunately that is their plan, not some conspiracy theory
Scoundrels.
Soundd like China. We may reinvent ourselves.
WERE ALL ONE OR TWO PAYCHECKS AWAY FROM BEING HOMELESS 😢😮
It happened illegally in 1913. Our government is corrupt to the core.
People like him is why we are in this mess.
Guys who get money for doing absolutely nothing are the problem. He could be one of the many.
thugs. he is "right" the fed should only be printing money and give it to them for free, and then print some more and lower rates even more, until BlackRock and the rest will finish buying all here is on the markets and you'll own nothing and be happy to pay rent. funny how nobody complained about rates at zero for so long, but now when the rates reverted to some normal levels everyone is screaming. as long as the FED manipulated rates by keeping them low for a decade, he was not complaining, now that the rates are up, he throws a tantrum. HOW ABOUT LET THE PRICES CRASH TO MAKE THEM MORE AFORDABLE FOR ANYONE? HOW ABOUT SOME COMMON SENSE?
Someone WAY OUT of touch with reality. And the common everyday American.
Facts
EXACTLY
I live in the country, im going off grid, my own built cabin, hell with this nation and its corrupt leaders.
Smartest thing you can do in this day an age...Why not stop making the rich richer...I'm with you😀🙌😁
Can’t run from taxes.
Property taxes the only unrealized gain tax that we blindly accept. Go live off grid. If you’re successful at it they will tax you out of it.
Bravo! That's sanity.
Yep that's really really smart !!! I was thinking about doing that too.....
I want to do that so bad. But I don't know about the toilet situation🤷♀️😂
The eviction bans killed my rental real estate business. Once tenants figured out they didn't have to pay rent, and there was nothing I could do about it, they just camped out. Then they trashed the places on the way out. The feds gave the states money to refund landlords for their losses but I got 1/3 of what I was owed after endless paperwork. The states then blew the "unspent" money on pet projects and corruption.
thats what happens when you raise your tenants rates 30-50% in 3 years.
That such bs,,sorry I had to go through that... do you still have that business
@@blissdad13😂😂😂😂😂
@@blissdad13 I didn't do that. If you can't pay your rent get a free government crack pipe and sidewalk tent.
@@jeniferketchum9754 Nope. I had a fire sale and got about 10% salvage back. All done. I never want to hear about lack of affordable housing again.
Cardone is an expert on housing like Biden is an expert on the economics.
He has over a billion in REIA
lol
He is an expert in one field - fraud
@@dave7830cite your proof liar
He isn’t an expert but no one really is at this moment in time. Everyone is scrambling in Real Estate to make sense of the industry as a whole right now
This is what happens when we allow the government to control every aspect of our life.
In reality this is what happens when you expect the market of a basic human need to be handle fully by the market, rich people will set the prices the highest possible!
Any aspect*
Prices aren’t dropping
@@Manolo.hRight. Hedge funds see interest rates are high and realize, "Hey, we could just buy them in cash." Sellers prefer cash offers and so sell to the hedge fund. This drives up demand, because other hedge funds follow.
The talking head here clearly has a vested interest in what he's pushing, because he's not dumb and he's saying things that just aren't true.
@@Manolo.h Rich people don't set the prices for homes. If they did, they'd list their mansions for $3 billion instead of $3 million. Prices are set by markets, not owners.
Recession! Crash! Inflation! It’s getting depressing. I have about $100k in emergency fund and I have been seeing good news about the stock market and would like to gain from that since I can’t let my savings be corroded by inflation. What stocks should I buy into as a newbie to safely grow my money.
It’s best if you buy growth/blue-chip/large caps stocks only. Also, as a newbie it’s advisable you work with an investment advisor to help set up a well-structured portfolio.
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
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 portfoIlo allocation
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 ‘’TERESA L. ATHAS’’ for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Thanks for the info, i found her website and sent a message hopefully she replies soon.
Landlords are seeing this and are doubling rent prices or more for rentals, this totally out of control.
What they are doing is pricing themselves out of business. Unless wages get better and more people go to work there won't be anyone paying their rent.
I’ll charge as much as I want , if you can’t afford it don’t move there . That was simple wasn’t it
We let chynheese polotics and busniness ideas in through our demonratz party of the government. Now our housing markets gonna look like theirs obviously
@@atticusfinch3931 as long as you can continue to find renters who can afford it. If you own a few rentals and live in a decent area you'll be fine. But if you own dozens you'll start having issues keeping them rented out as the economy continues to decline. This situation kind of reminds of comedians/bands playing every single venue at least twice. Once on the way up and then again on the way down. You'll have renters on their way to home ownership and then again on their way back to their parents house.
@@willhall640 I agree ,and like the comparison. But landlords should be able to charge what ever they want you can either pay it or don’t live there no one is forcing anyone to do anything. The coasts and responsibilities on a landlord are tremendous, and there is a difference land /slum , but a reputable landlord will,always keep,property’s up . I know not a lot will see it this way , but if it were rolls reversed they’d be for it . Nice talking with you
Grant Cardone is the last person I would consider a real estate "expert"
fAUX NEWS
He’s good at selling courses.
Bet he knows a lot more than you buddy. How many units do you have under contract ? That’s what I thought
his opinion means about as much at Biden opinion “
@@lyleburlingame2276 Having real estate deals under contract doesn't make some more knowledgeable, does it?
I think it's time to make it more appealing for potential buyers. Real estate can be quite the rollercoaster! the stress and uncertainty are getting to me. I think I'll cut rents to attract potential buyers and exit the market, but i'm at crossroads if to allocate the entire $680k liquidity value to my stock portfolio?
"Overall, buyers hold a lot of the cards right now, and sellers are having to give out more concessions to close a deal." All the best, buying on sale is actually one of the best ways to invest in stocks, and advisors are ideally suited for such task
Until the Fed clamps down even further I think we're going to see hysteria due to rampant inflation. If you are in cross roads or need sincere advise on the best moves to take now with financial markets will be best you seek a fin-professional with fiduciary responsibilities who knows about mortgage-backed securities for proper guidance.
this sounds considerable! think you know any advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Melissa Terri Swayne is the coach that guides me, you probably might have come across her before I found her through a Newsweek report. She's quite known in her field, look-her up.
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 fact that there is already an excessive amount of demand awaiting its absorption, despite how everyone is frightened and calling the crash, is another reason why it is less likely to occur that way. 2008 saw no one, at least not the broad public, making this forecast, as I'll explain below. The ownership rate was noted to have peaked in 2004 in the other comment. Having previously peaked in the second quarter of 2020, we are currently at the median level. Between 2008 and 2012, it dropped by 3%, and by the second quarter of 2020, it had dropped from 68 to 65.
You're not doing anything wrong; the problem is that you don't have the knowledge needed to succeed in a challenging market. Only highly qualified professionals who had to experience the 2008 financial crisis could hope to earn a high salary in these challenging conditions.
I won't pretend to know everything, though. Her name is Vivian Carol Gioia but I won't say anything more. Most likely, you can find her basic information online; you are welcome to do further study.
The only way the US has a major correction in the real estate market is if we have major continued mass unemployment. Until that happens, prices won’t really come down.
^ This guy .... Listen to him way before you ever listen to Grant Cardone lol.
The looming crash of 2008 was propped up by the Fed and the Taxpayers bailing out the banks which should have been allowed to fail (actually the Mortgage backed securities would have failed). Instead BlackRock and other institutions bought up the houses with money given to them by the Fed and turned them into rentals.
Fox is scraping the bottom of the barrel with Grant Cardone
I liked that at least they mispronounced his name.
Could you explain to me why? I dont know who that is or why he isnt credible. (Genuine question)
He is just an extremely successful marketer, and with that of course comes tons of haters. I'd argue the only way he was able to achieve this success was by providing tons of value for free 🤷♂
@@zac2877Listen to his podcast. He is incredibly talented, knowledgeable and loves helping people. His podcasts are very interesting too you learn a lot.
@@PeakPerspicacityto those who aren't gullible, he's a con man
Billionaires often promote the idea that money isn't the key to happiness, but in reality, money provides security and freedom. By investing, they secure wealth for future generations, highlighting the importance of financial literacy and stock market investing for building a better financial future.
The common belief that a stable job leads to financial success contrasts with the approach of billionaires, who focus on entrepreneurship, investing, and building passive income streams through long-term strategies and calculated risks methods not typically taught in traditional career paths. Most people are unaware of these alternative principles that can lead to greater wealth
You get rich by making credit work for you. Nobody ever got rich by saving money.
That's very practical and smart goal, a wise man once said do everything you can to get outta debt, one of his tips to get rich is Investing.
Investing now will be the wisest thing to do especially with the current economic fluctuation and inflations.
Success usually comes to those who are too busy looking for it. If you're willing to do business or become an investor then you will be rich.
I sold my three-bedroom home, with all the amenities, last January to my adult son that was still living in it. I gave him a great deal, and he got a great mortgage rate at 3%. Even the mortgage signer could not believe the rate, he asked if we had paid down the interest rate. We didn't know you could do that. My son is a Marine veteran with PTSD, and owning his home has changed his life for the better. He had tried to purchase other homes in the area but kept getting outbid by ridiculous amounts over the asking price. His mortgage payment, with tax and home insurance included, is lower than the rent he was paying. He is one happy man. It is a win-win for us both; he got a great deal on a home, and didn't even have to move, and I am out of debt.
BlackRock a Zionist company is consuming houses and out biding buyers - they will make it up in the future when you pay them inflated rent.
What a great parent.
I bought a house in 2000 right before the market skyrocketed for $75,000 which is what I felt I could afford with a baby on the way. Right now I have family in the same neighborhood trying to sell a slightly larger house, (carport enclosed - but in much worse shape than my home was in when I bought it) and they are getting offers for 250,000 to 300,000 even though there is no HVAC and one of the two bathrooms is really messed up and needs a complete redo. So the buyers are there ...
The problem is that they are all investors, not people looking for a home. That area has been steadily being bought up by investors and when I left 5 years ago, there were so many empty houses and most of the available homes were going as rentals because in that area rents were still more than mortgages on comparable properties, even with taxes and insurance, but then again that was five years ago. However, in Florida at least, I know for a fact that landlords put the costs of taxes and insurance into the rental price because no business in Florida is going to pay for anything they can get out of and the housing market is so bloated that people have no choice but to pay the high prices unless they want to move, be homeless or double up with others.
You are a great parent.
THIS comment has to be pinned above. Everyone HAS to see and read your comment asap!
Back in 2007, during my time working in real estate, I witnessed people purchasing newly built homes from builders with the plan to sell them before the closing of escrow to another buyer for a profit. The crash hit hard and fast, and I vividly recall many of these units ending up foreclosed upon, with the builder's plastic still covering the carpets.
Most people find it difficult to handle a fall since they are used to bull markets, but if you know where to look and how to maneuver, you can make a size-able profit. Depending on how you intend to enter and exit, yes.
Accurate asset allocation is crucial. Some use hedging or defensive assets in their portfolio for market downturns. Seeking financial advice is vital. This approach has kept me financially secure for over five years, with a return on investment of nearly $1 million.
Mind if I ask you to recommend this particular coach you using their service?
“Sonya lee Mitchell’’ 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 copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.
A home was never supposed to be a short term money making "investment" but a place to live long term and raise a family. The problem is that employment security has become non-existent and people can not be sure they will be in one place for long. Other life changing events that have recently happened have changed housing plans for many people, along with putting off marriage and a family.
Well unless you are one of those hard working government employees ever seen a K-12 union teacher lose her job yea me neither.
Not to mention all the owners who have re financed to the point they can’t even come close to breaking even if they sell now.
@@720erik2 why would anyone that re financed sell now? To go from a 3% to 8% rate? Think before you speak. People are not selling because they have very cheap money.
@@executiveinvestments wrong what I said is 100 percent accurate. If you bought a house and didn’t get greedy and pull out your equity you could still afford to sell and borrow at a higher interest rate. For example most Californians can no longer sell and move to Texas for cheaper housing since they can’t break even unless they sell a 400k house for 900k.
@@720erik2 clueless. You’re paying the same for a much cheaper house. Pay attention. According to you nobody in California can sell their homes right? 🤦♂️🤦♂️🤦♂️🤦♂️. Go back to sleep kid.
Why this crook is on the media again and not in prison? He has deceived so many people on super-duper "investment projects" in Florida...
Equity firms are scum. Great to see him promote his own agenda.
No doubt
Grant is real as it gets. Stop hatin cause you are broke and hate your life
@@UltimateKeyboardWarrior My income is three standard deviations from the mean. I don't run around telling people they should be happy having nothing. Very familiar with equity funds.
He is still trying to sell his seminars 🤣
The housing market was not destroyed by interest rates, it was destroyed by speculators like Cardone who drove prices to unimaginable levels.
The sugar provided by The Federal Reserve will always be lapped up quickly!
You don't know what you're talking about. Grant doesn't buy single family homes, he buys apartment buildings. Which is a completely different market from single family homes. You need people to build and own apartments to be able to provide rentals. Investors scooping up single family homes and converting them to AirBnBs is an issue and there's an argument there. But supply is the issue. We actually need more development to LOWER prices.
@@macbr9there are homes being built in all metropolitan areas. Thousands upon thousands of homes being built right now.
@@macbr9 What else did Cardone say that you agree with? The "greatest real estate correction in his lifetime"? I guess he wasn't alive in 2008-2012. It's gonna be a "great opportunity for regular, everyday people to grab trophy real estate from institutions"? The ordinary people who can't afford to buy houses are gonna buy apartment complexes? And the Federal Reserve didn't control inflation? This guy spouts nonsense.
Yeah and guess how many of those apartment buildings he's not paid on. Commercial real-estate is just as bad, if not worse than residential. His residential properties are in the same boat. Guys a fraud. Doing the same things that people did in 2006 thinking there were no consequences. The only difference now is there are more people to move money around and the scams last longer. @@macbr9
I remember in 2007 when I was working in real estate seeing people buy homes new from builders with the intention of selling before close of escrow to a new buyer for profit. The crash was so brutal and fast that I remember seeing a lot of these units foreclosed on with the builder plastic still on the carpet.
I’ve been diligently working, saving and contributing towards early retirement and financial freedom, but since covid outbreak, the economy so far has caused my portfolio to underperform, do I keep contributing to my 401k or look at alternative sectors to meet my goals?
@@izagdlife Consider investing in stocks especially during a recession . While recessions can be tough, they can also offer good chances to buy low and sell high in the markets if you're cautious. Just remember, this is not financial advice, but it's a good time to think about buying stocks since having cash on hand isn't always the best option.
@@izagdlife Understanding your financial needs and making effective decisions is very essential. If I could advise you, you should seek the help of a financial advisor. For the record, working with one has been the best for my finances...
@@charlotterayeee How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
@@izagdlife *Mr Gary Mason Brooks* 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.
You should rent not buy. Says the guy who has a bunch of rentals. 😂
You at least have something to show for it after 15-30 years. Renting is just throwing your money away. With the price of renting these days you could afford a mortgage
😂
After being told what to eat and how to wear a mask you're surprised by this do what you want screw the opinions of others
The payment never the problem it’s the down payment and closing cost people can’t afford
Exactly !! His opinions are based upon the market being at a halt and trying to reason through it from the perspective of an investor and one who makes money selling to investors. Investors will keep pushing prices through the roof as long as they can find a renter willing or able to pay the exorbitant rent needed to pencil out a profit. He expects or concedes that you pay the ridiculously high rents if you're unwilling or unable to pay the ridiculously high price to buy. These housing markets are priced far too high to be willing or able to buy for most working families. The pricing must come down to the levels that the majority of people can afford housing to have a healthy and vibrant real estate market and that will never happen as long as investment money is able to purchase residential resale real estate of four units or less especially now that they have been able to throttle the rents so high.
That’s why prices are high, hedge funds and investors snatching up houses to become landlords and making it harder for private citizens to own their own home.
Like he does
Exactly.
They, the big corporations, are the government.
I AGREE 😂
who are the top three hedge funds snatching up houses?
what part of the country is the bulk of their real estate held?
Not at all. Did you watch the video?
Your useless Democratic Party and its “leader” it’s the problem.
Politicians have no business co trolling business.
The people are suffering while the government is not.
Research reality, the inflation is actually down but Fox won’t tell you that
The government will never suffer! It’s not the government you need to worry about and if you think it’s still the government you’re worrying about it you’ve been distracted by the distractions they wanted you to just look at. I wish you the best is not the government soon if you’re not paying attention, everything‘s gone OK. Bless your heart I wish you the best, but this plan has been going on for a long time. Take a moment and look within yourself stop watching the news and start trusting. What is inside of you because you have a Lotta time just like the rest of us.
You are suffering because of your government. The government stopped serving the interests of the people since 1970.
Same story for years!! Nothing new there mate!!
Two years ago the average cost of a single family home in America was $215,000. Now here we are. Just two years later. The average cost now is $400,000. And the interest rates went from 3% to 7%.
That’s insanity.
Thanks Joe.
@@sleepy670 I’ve made a resolution to not get into these things with strangers on the internet. No one ever concedes when they are wrong. There’s that, or they are just simply trolls stirring the pot bc they have no lives and like contention bc again, they have no lives
In regards to my statement. Look it up. Google it. Take a consensus among the results bc the ‘400k’ is actually under the average
Two years ago it was actually only $110k. If almost quadrupled in 2 years. Thanks Biden
Bidenflation: The cost of voting stupid.
@@sleepy670and Biden did what exactly to cause prices to go up! Please site a policy, executive order, etc..
Correction, the price will not go down.
That guy needs a couple of corrections. My four-bedroom house mortgage is still hovering around $1000. My parents three-bedroom apartment that she shares with my sister and her baby daddy and their two kids is 1900 and that’s Housing Authority apartments
The only way the prices go down is if there becomes more sellers than buyers and the only way that happens is if we hit a bad recession and have major loss
@@888strummerprices go down when foreclosures start accelerating. House prices are based on comparables, not supply and demand
It happened in 2006 yet nobody sees it coming. Put your seat belts on folks, its gonna be a rough ride in 2024!
🎯👍🏼
There’s nothing remotely close to 2006, and Now! The crash actually started in 2009, not 06, what caused that crash was giving loans to anyone who could breathe for 10 seconds then on top of that they did a lot of 120% loans, so as the economy started to cool, it started first the easing of property values going up to leveling then to declining, once the decline kicked in and the economy and job market now dropping, people were struggling to pay their mortgages. There was a glut of inventory as well, so you couldn’t sell your house to get out from under it. All the sudden your 300,000 home was now worth 230-240k which led to people waking away. Today’s market depending where you live has dropped very little, and there’s reason for that, low inventory, nobody wants to sell their 3% interest loan to buy a 6-7% loan. The other reason is inflation, the material costs on a home have gone up significantly as some wages. So right now anyway it’s more of a leveling of this market and a stabilization. Which is good, Now how long that last! Who knows, all kinds of crap can happen..
@@jeffreyferguson83agreed, it was the resetting of payments and unqualified buyers that made it happen.
Prices are going to skyrocket in 2024…that much is clear…
@@visax8550 These high prices and high rates haven’t completely stopped people. There’s no supply right now which is why despite the high rates the prices are going up.
To be honest idk how you fix this mess besides get more builders out there. Or maybe stricken rules about rentals to get more houses on the market again. I’d rather not wish for a financial meltdown that causes a lot of foreclosures.
Do a skit on how private equity companies are putting American citizens in the streets for massive profits...
Theese people really don’t care about regular people this was the plan all along own nothing and be happy
And yet he blames the Fed. Private equity ruins EVERYTHING
My landlord just raised our rent by $350. Both of us are moving out of this crappy double; I'm buying a house, he's renting a house. Whoever is telling these people what property values are supposed to be have no clue.
out law private equity corps from buying residential .
It is difficult to make exact projections for the housing market as it is still unclear how quickly or to what degree the Federal Reserve will reduce inflation and borrowing costs without having a substantial negative impact on demand from consumers for anything from houses to cars.
I agree, It's not just the prices, but also the increasing interest rates that are making it more difficult for people to afford homes. With a good FA you can make up your portfolio.
Agreed. I deal with an investment advisor for this reason. I currently have over $800k invested in a diversified portfolio that has grown exponentially and is suitable for all market seasons. Our current project for this year is a more concrete ballpark target.
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?
Monica Shawn Marti is the licensed advisor I use. Just research the name. You’d find necessary details to work with 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.
I can’t even afford my own home if I tried to buy it from myself. It was $212k and 4% interest. Now it’s 700k and 7% interest in 20 years.
Honestly I can’t afford mine after 2 years, 350k from 240 2.8 interest to what 7 now? No ty
I do wish I had known earlier how cheap it was to own a home vrs rent I’m at $1230 with taxes,insurance
3 bdr 3 bath
.
That’s the price of a crap apartment. I would have definitely bought more homes. Every one made it out to be so scary especially when I did buy lol. Valuable lesson learned .
@@clayramsey019here in S FL, the rent is 2100 for a 1/1 apt
That's pretty good equity IF U SELL IT
holy sheeeet !
You were talking to the problem. Private equity stealing homes.
Ya, but he does it with a smile. He is a parasite.
Yeah plus he's a known scam artist like WTF is this?! This is clown world to the max
Exactly!! And the feds are after him for fraud
Fox should interview someone from the general public. This guy is biased and out of touch.
Does anyone feel bad for these real estate agents?? They charge way to much and make way to much money for what they do. Now they’re struggling to make payments on their second homes and luxury living and we’re supposed to feel bad for them.
No. I don’t.
well said
After the last experience that I had with my former realtor, I'm thrilled.
Seems to me the agents were the ones over valuing homes starting in the late 80's. Then in the 90's the banks were giving money away to buy a home and the prices went thru the roof and everyone I knew was building a brand-new home. It was cheaper to build a new one than to buy an old one. In 1981 my first home cost 23,000. It was small but affordable.
Great comment
In spite of how everyone is frightened and calling the crash, there is already an excessive amount of demand waiting to absorb it, which is another reason it's less likely to happen that way. This forecast was not made in 2008, at least not by the general public, as I will explain below. The ownership rate peaked in 2004, according to the other comment. We reached a peak in the second quarter of 2020 and are currently at the median level. From 2008 to 2012, it fell by 3%, and in the second quarter of 2020, it dropped from 68 to 65. how can a young man with 200K survive?
Find stocks with yields that exceed the market and stocks that, at the very least, follow the long-term market trend. However, you should get guidance from a financial advisor if you want to create a successful long-term plan...
Apt!! I was self managing but suffered heavy losses in 2022 and i knew i couldn't continue like that, so i consulted a fiduciary financial advisor. By restructuring and diversifying my $620k portfolio with dividend-paying stocks, ETFs, Mutual funds and REITs, I significantly boosted my portfolio, achieving an annualized gain of 30%.
If you don't mind, how can I reach this advisrr? My retirement portfolio isnt doing greatly.
Vivian Carol Gioia is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thank you for this Pointer. It was easy to find her handler, She seems very proficient and flexible. I booked a call session with her.
Wow, a wolf telling the sheep that being eaten is the best thing for them.
VERY WELL stated!
Biden sure did hurt our country
how embarrassed you should be for such a stupid post. but too many people these days feel no shame.
Not from an investors standpoint ! Biden helped us get some of the Best Buy in opportunities of our lifetime. The rest of what Biden did is a disgrace.
Corrupted Fake President Joe Biden did it for China since Joe got paid millions from China
He is not yet done - has another year to hammer the nails into the coffin of Freedom and The Bill of Rights.
Donald J Trump 2024
It’s all done on purpose! Absolutely unacceptable!
Yea why did we let Trump have 0 interest for so long, this is the cost of that
This is very true and i've been trying to figure out why
@@jeniferketchum9754 Whats a catastrophe for one will be a huge opportunity for another. Read proverbs 13:22. God always has a plan.
Psalms 37:19
They will not be ashamed in the time of evil, And in the days of famine they will have abundance.
Those that have a relationship with The Lord will thrive. Those that don't will not fare so well during these times of economic turmoil. God is causing and allowing many things to happen to get people to REPENT and seek Him (Matthew 6:33). This is the main reason why things are happening. God is righteous and just. These things have to come to pass. I encourage everyone to find Christ for themselves. This is just the beginning. Sad to say God has to have bad things happen to get people's attention all throughout history. But regardless let His will be done. God bless you and your family.
@@MM-24 ding….ding….ding! You’re the winner! Can’t go without blaming Trump. The President does not set interest rates. And I bet you weren’t complaining when they were low.
But you can complain about the Fed Government’s out of control spending and current policies for why we’re in this predicament.
Agents and appraisers are a good part of the problem, they have been pushing housing prices for decades.
My primary concern is how to grow my reserve of $300k which has been sitting duck since forever with zero to no gains, sure I know the risks of short term gains are much greater but if well managed one'd make a killing, am I wrong?
The current state of the market may bring opportunities to increase profits quickly, but professional assistance is required in order to put such a plan into action.
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.
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one.
Lucinda Margaret Crist is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
Cardone: Dont buy, just rent …..rent from me since I own tons of rentals and that is my core business.
Truth
Property value,rents and property tax are insane in the U.S..!
Property taxes are bs...I am blackmailed to pay them or they steal my house I worked for not them and the money isn't used properly or the roads wouldn't be so crappy with pot holes.
Reasons why the American People should vote in Politicians who will enact allodial Title to their Property and Homes.
Wasn't aware that Grant was an expert in this. 😂
He’s not
Who is he then? I thought he had been in real-estate for quite some time. Curious?
He’s the biggest fraud and scammer in history! He is being investigated by numerous agencies! The only thing Granty Boy is an Xpert on is Xenu! Sad he is a leading financial contributor to the horrific human trafficking, mind control, slavery cult known as Scientology.
grant cardoneeeeyyy
😂
This happened with the 2004 housing boom - home prices were greatly inflated, meaning people couldn't sell later because they owed more on the house than they could sell for. I know quite a few people who bought then, thinking they were making a good investment to sell later, but it's taken until the COVID housing boom for the prices to come back to those original amounts.
To balance out your real estate holdings, I suggest investing in equities. If you're cautious, even the worst recessions can present fantastic buying opportunities. Additionally, volatility can produce fantastic short-term purchase and sell opportunities. This is not financial advise, but you should buy immediately away because money isn't king right now!
Yes I concur, I've been talking to an advisor for long now, mostly because I lack the knowledge and energy to deal with these ongoing market circumstances. I made more than $220K during this slump, demonstrating that there are more aspects of the market than the average individual is aware of. Having an investing counselor is now the best line of action, especially for those who are close to retiring.
That's impressive! I could really use the expertise of this manager for my dwindling portfolio. Who’s the professional guiding you?
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 just looked her up on the internet and found her webpage with her credentials. I wrote her a outlining my financial objectives and planned a call with her
He tries to make it sound like it’s a better lifestyle to live in an apartment than to live in your own home.
He’s a 🤡
That is because he owns an apartment business
@@J19118he’s a big scam artist, research him
As a home owner of over 20 years, I make deliveries to these new apartment buildings. No thanks. I would rather live out in the forest with the bears and wolves.
I don't believe him..I have to research these claims because a mortgage over 30 years should be cheaper than the rent payments..of it's true it would be odd
Meanwhile, the CEO's of these private equity firms own multiple homes all over the world. Must be nice.
I know a few people that have homes in more than one state and they just were smart and worked hard…it is nice, go out and do it and stop complaining…
"must be nice" said no winner ever
Yes they are CEOs. Once you get to be a CEO of a big company you will own many real state as well, it is called CAPITALISM.
Look at the money sent to Zalinski and he owns a nice home in Florida! This is a Marxist plan.
@WordMadeFlesh777 a lot of people work hard..im a single person in a professional job working hard...I can't afford two homes..you must be making money on the back of someone else's labor
This problem is as much a greedy landlord problem as it is a banks .
Instead of complaining about greedy landlords.. maybe you should buy some houses and let some people live in them for free.
@@1888CHAD8881 👏👏👏👏👏👏👏👏
The problem is money printing. Inflation IS THE INCREASE OF THE MONEY SUPPLY. Prices increasing is just a consequence. YOU CAN'T PRINT TRILLIONS OF DOLLARS IN MONEY, and not expect the prices to rise. The problem is that THE LEFTIST DEMOCRATS ARE IN POWER. Vote republican next time.
Tell me you know nothing about money without telling me you know nothing about money
Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
Overall, 51% of traders think this year would favor stocks, mutual funds, and other equity-based investments, despite Treasury yields and other safer cash-like investments paying big. I’m looking for opportunities in the market that could fetch me $1m ahead of retirement by 2025
Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions. Alternatively speaking to a certified market strategist can help with pointers on equities to acquire
True. Having the right financial planner is invaluable. My portfolio is well-matched for every season of the market and recently hit 90% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, though this could take till Q3 2024.
I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you
'Linda Aretha Reeves' is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Well geez I wonder why a dude that makes millions of dollars in the rental business does not want anyone to seek ownership of a house?? Also, does he not own a house?
He’s a course scam seller
If he's still in South Florida, he owns the building... then "leases," to himself...) Their investments are mainly in apartment syndication, based: REITs. However since they had to overpay, on many of those properties in the last half decade, or so (and now the inflated rental incomes are already 'tanking' in most US, etc. markets...) most of these paper multimillionaires to billionaires will also ultimately soon loose out (but moreso, than in 2007- 12) to the foreclosing bank$ters (along with SFR buyers, to commercial and industrial interests, when the banks won't lend, nor refinance... and states like California now have "first right of refusal" to cherrypick properties!) while the smaller RE 'investor' in say Wall Street Trojan horse REITs (similar to mortgage back securities, and credit default swapped traunches, in '08) may well loose most, or even ALL... of their money? But Grant is RIGHT ON about the (City of London / BI$ controlled) FED!
He's clearly lying about how supply and demand work, he just knows the majority of people watching this have never taken an Economics class, or if they did they forgot it all 20 years ago.
I do agree that home ownership is a bad investment, for most families. It would be good if you bought in cash, but almost no one can do that.
Several I will bet !
@magicalfrijoles6766 WRONG. Fastest way to build wealth these days is to OWN property.
Once rates drop, it'll be a seller's market, leading to home prices to keep going up. There's no winning for the average buyer.
I keep saying we are Canada in 2010. While the US housing crashed, their prices skyrocketed for a decade due to lack of supply
Exactly! We won’t see a crash in the near future. As a matter of fact the FED’s are keeping inflation at 2 percent. How will this crash the market? They get everyone rallied up so the big Whales can make the major moves on the small guys.
Or maybe more inventory
👍
rates are still and will be very high over 2024, only a few rate cuts, 2025 will likely be a great time to get into a home, with a lower real estate market, and low rates before things recover
Just paying the bills is a mess in this country! I just looked at an item in a grocery store that I paid 3 99 for last year, it was 7 19 yesterday! And it was smaller! That is just an example how bad it really is. How some one with three children is going to put groceries on the table and have a mortgage is impossible ! This administration stands there and tells us how much better of we are and are our country and way of life is disappearing!
Vote republican next time, leftists always prints tons and tons of money. Remember, inflation is the increase of money supply, rising prices at the grocery store is just a side effect.
Biden inflation 🤮
Did you hear that briben bidens economic plans are working ! We just are the ones paying for it !
Mean tweets tho.
@@Joncenalol235TDS is real
I have 35% of my capital investments in an IRA, 25% in index funds, and the balance spread across other investment accts totalling over $250k. I took a big hit in Q2, 2023. Right now i am just looking for ways to recover in 2024.
There are a lot of strategies to make tongue-wetting profit especially in this down market, but such sophisticated trades can only be carried out by proper market experts
I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost $673,000
I find your situation fascinating. Would you be willing to suggest a trusted advisor you've worked with?
Her name is “Vivian Carol Gioia can't divulge much. Most likely, the internet should have her basic info, you can research if you like
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.
Actually, rent is higher than what mortgage rates are
💯
Probably depends on your credit score, price of home and how much you can put down. Don't forget about maintenance/repair, insurance, property taxes.
Average rent is NOT 1800. In New York state (not the city) 1 bedroom min is 2k. Renting leaves no equity, nothing to borrow against, no tax deduction.
1800 is even too much for a one BR, no matter "amenities" which are often charged extra - now days. TX rents went up 2-4X irenting the same apt in 2015.
Downtown Cisco is about 3k for a studio
I think 200 makes for the difference that there are actually places to rent well below 2k, in areas such as the border with PA
Most people take the standard deduction, which means most homeowners dont itemize their deductions. So if you rent a property rather than owning a home you are effectively getting the same tax benefit as a homeowner would without owning a home. The only difference is the equity with home ownership
$1800 gets you an apartment in the ghetto of San Jose, CA. And that's IF you make 3.5 times the rent, have a $3000 security deposit, no pets, perfect credit score, and impeccable rental history.
I'm interested in investing, but I'm not sure where to start. Do you have any advice or contacts who can help me out?
It's a great idea to have a conversation with financial advisors like Naomi Dean to reshape your portfolio.
How can I reach her?
She's on watap👇
+140
549
I’m not sure if I’ve ever seen a greater example of a sales pitch being disguised as market knowledge.
🎤💧
This is who Grant is, snake oil salesmen at its finest!
Thats all he does
This guy is part of the problem also. Rent for 1800 a month is a joke. That's what business he's in. Ripping people off to live in a one bedroom box.
P. R E A C H !!!!!!!!!!!!!!!!!
Truly disgusting… Rents have skyrocketed in every major city across the US.
1800/mo is peanuts. Any generic STEM job pays 100k+ and nobody is stopping blue collar workers from being their own boss.
Up until about 10 years ago you could rent anything in South Florida for $700 to $1,000 a month. That's the point. It has nothing to do with how much a person can earn. If you think that paying a huge amount of money for rent is a good idea you should move up to New York.
The problem is wannabe landlords who buy single family homes.
That’s exactly the business he’s in. Screwing people and packing us all in stack and pack buildings. Buy a farm or land now
I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
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?
’Carol Vivian Constable’’ 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 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.
Housing crisis triggers a market crash or a financial crisis, it could send shockwaves through the stock markets worldwide. I’m worried about my investment of over $600K stocks. Is this a time to consider diversifying my portfolios?
If the housing market takes a hit, it might lead to reduced consumer spending and overall economic instability. I advice you consult with a professional about your investment portfolio to enable you to take advantage of the downturns.
The housing market has always had its ups and downs, but it's true that this time feels different. Having a portfolio manager will save you a lot in the market. My coach has helped me expand my portfolio by 200% over the past few months.
this is all new to me, where do I find a fiduciary, can you recommend any?
My CFA ’Rachel Sarah Parrish’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Just ran an online search on her name and came across her websiite; pretty well educated. thank you for sharing.
Don’t blame the Fed blame Bidens inflation. Yes Fed hasn’t done enough but you can get brand new homes in 5% range/down payment assistance and people are still not buying
Wow! You are blind
Blame JUDAS TRUMP
@@briannewcombe1045 yes everything is more affordable now
@@JohnCarrington-f7k stop printing money
@@JohnCarrington-f7k Get therapy for your Trump Derangement Syndrome.
For sale by owner always worked for me. I paid a qualified appraiser and then marked it up 5% so i could negotiate down if neede. People have to say they got you down on price. Worked every time. For both sides on a fair price and i didnt have to pay a realtor as i had in the past.
Excellent comment. Realtors are parasites. There are 600k more realtors than there are homes for sale in this country. Pay an attorney $500 to do a title search and you're done.
Everyone got used to low interest rates… Nobody remembers 8 to 10% being the norm! I remember buying several houses at 10% interest…
This argument is silly you may have paid 10% but you also could buy a house back then with a plumbers salary, even at 10% ! try that today not happening
Homes cost way less. No comparison .
@@TonyGuy-jc9cpplumbers make great money.
Late 70's through early 80's, interest rates were around 18%.
Okay Boomer. 😴
Nice video I used to think every investor went broke during recessions, meanwhile some made millions. I also thought everybody went out of business during the Great Depression, but some went into business. Bottom line, there's always depression for some and profit for others, it all starts from having the right mindset. That said, I've set asides part of my savings to invest for future. Unfortunately I'm a complete noob.
The market has gone berserk! irrespective of experience level, everyone needs a sort of coach at some point to thrive forward.
True, A lot of folks downplay the role of professionals until being burnt by their own emotions. I remember couple of summers back after my lengthy financial setback, I needed a good boost to help my business stay afloat hence I researched for licensed advisors and came across someone of due diligence who helped a lot to grow my reserve notwithstanding inflation to over half a million dollars.
who is your financial coach, do you mind hooking me up?
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've been stuck with Amber Dawn Brummit for about five years now, and her performance has been consistently impressive.
My needs are kind of unique and complex. I'll contact her nonetheless, and I hope I'm able to make something out of it.
Grant “ I have NO problem attempting to scam anyone “ Cardone
What scam?
You name it. Courses, real estate, crypto… whatever your mind can think of, he tried it 😀
Yup!!!!
You seem upset.
Not just interest rates
BUT The Tax assessments on existing home owners are another big issue
I bought a home 5 years ago , have a 4.5 % fixed rate for $121,500
But the recent assessment values my property at $187,500 so....... they send me an additional Tax assessment bill for the difference
They're trying to force people out of they're homes
So is it cheaper to pay off a 3 percent loan or loose homestead deduction for taxes?
uncle sam wants a piece for Ukraine .
In the 1950s, families could afford a home with just one income. Typically the husbands while the wife takes care of the kids. As house prices have slowly went up over the last 70 years, that culture has changed warranting two incomes to afford a home. Maybe the husband works full time and the wife works part time just to make ends meet. We are entering new territory since Covid and prices jumping up 20-30%. It now takes more money to buy a home then a husband and wife can afford both working full time jobs. In the next coming years, this will lead to less home buying and more renting. Unfortunately, this will be the new American dream. Being able to afford rent just to say they get to live in the good old U.S. of A.
You're full of so much BS
When white america catches a cold, Black Americans are already having a flu. 🥱😮💨😵😵💫🥴🤢🤮🤧😷🤒🤕🤑
In the 1950’s, the wife was expected to stay home, so the prices in the 1950’s is based on available income. Also, homes in the 1950’s were basic homes with not a lot of bells and whistles people desire today. Once women became regulars in the work place, the husband and wife working, there was more income to buy more expensive items and the basic items increased. You would need to adjust wages and prices in the 1950’s to today’s prices.
Even 3 incomes
Don't forget... The more the Gov't allows illegals to just walk right into our country , the more rentals they're going to need to house them. This is all for them ya know
Back in the day, when I purchased my first home to live-in; that was Miami in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.
I advise you to invest in stocks to balance out your real estate, Even the worst recessions offer wonderful buying opportunities in the markets if you're cautious. Volatility can also result in excellent short-term buy and sell opportunities. This is not financial advice, but buy now because cash is definitely not king right now!
Anticipate rising home prices due to inflation, potential economic fluctuations, and Federal Reserve actions, emphasizing the need for expert financial advice amid uncertainties.
That's fascinating. How can I contact your Asset-coach as my portfolio is dwindling?
Sharon Marissa Wolfe is among the most accomplished portfolio managers in the industry, widely acknowledged for her outstanding work. I highly recommend taking a closer look at her impressive portfolio.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
Agents should have planned ahead. They had 4 yers of easy money! I don’t feel sorry for mortgage or real estate brokers. The fed has always done more damage than help. Free market is the best way to go
At what point do you become so lost that you actually think the agents have any influence on the interest? They also don't control the value. Agents have zero to do with any of the problems in home affordability or interest. Try again. Try.....bidenomics economy.
They enjoy those higher prices and commissions. Never seen a real estate council someone that the price or loan interest might be more than they can afford. @@lenaadams786
@@lenaadams786Clearly you are replying to someone else. I have been in building and real estate for 30 yrs in Vail. I think j. Powell should be fired for causing this mess. Realtors get to make money off what I create. I’m the god, they are the used car salesman, bottom feeders. Period. When you take a raw pile of wood and create, make drawings, build cabinetry, furniture and homes, let me know. Until then Carmax is calling… Don’t be a victim. We have enough of those in the world. Building and real estate have been boom bust my whole life. You make money while the sun is shining.
Grant Cardone - one of the best snake oil salesmen the world has ever seen
Just leave it Joe and his administration, they can really screw things up. This administration is a big failure
She said what needed to be said about the WEF. Finally it is no longer a "conspiracy theory".
The "Conspiracy" in the Media is continuing the propaganda of explaining, or hiding, the truth as a "Conspiracy Theory".
So if it's on fox, it means it's a fact??? 😂😂😂😂😂
HOW ABOOUT STOPPING COMPANIES FROM BUYING THOUSANDS OF HOUSES A MONTH
HOW DO YOU KNOW THEY ARE BUYING THOUSANDS A MONTH?
@@gregh7457 they are, black rock during the height of the pandemic was buying 10k houses a month. Zillow bought thousands a month. And other companies. Real estate companies who sell houses even bought thousands during the pandemic. The shortage didn’t just happen because “more people stayed home” companies were buying in the thousands which caused the crisis very fast.
Property taxes, and insurance rates are what is killing the viability of owning a home when the tax and insurance rate is as high as the mortgage rate that is what one of the problems is.
Not to mention HOAs almost everywhere now.
annnnnnnd maintenance/upkeep/upgrade costs.
The more the house costs the higher the taxes and the higher the insurance rates. The real problem is the overinflated prices of homes.
Opinions on the market diverge; some claim overvaluation due to rapid gains, while others cite strong economic fundamentals justifying high valuations. Raises concern for my $600K equities going 8% up and 20% down. Should i hold on or sell off my positions and hold cash?.
In fact, markets have incorrectly priced in such a pivot six times over the last two years, according to Deutsche Bank, which sounded cautious about this seventh time. Still showing us why pointers from market experts are essential.
Accurate asset allocation is crucial, and some individuals use hedging strategies or allocate part of their portfolio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay financially secure for over five years, yielding nearly $1M in returns on investments.
That's incredible! What did you invest in? I'm really interested in this, because I'm in a similar position at the moment. more info needed please
’Melissa Jean Taligdan’ 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 this amazing tip. I just looked the name up, wrote her explaining my financial market goals and scheduled a call
Props on the reporter for calling out the WEF's great reset plan
And she wished everyone a Merry Christmas!
Event 302
Yeah, we need more propaganda from FOX 👍
Fox is a good place for that sort of nonsense.
@@asolano Lost Cause
45% of real estate agents can’t pay their office rent? How about can’t pay their car note, insurance, groceries, phone bill, etc! I’ve never struggled like this before after being a top selling real estate agent in Dallas for 10 years. This past year has been nearly impossible. I’m months behind on bills and I feel like I’m drowning. I wake up everyday and check to make sure my car hasn’t been towed. Having to work other jobs and they barely help. It’s a never ending struggle.
There is zero people buying and selling house in my town. Now huge appartment buildings are going up. American dream is over in my town. You now have to pay 3 times for house from 15 years ago. Every one moved out of the cities and are now working from home.
Shoulda put some money away.
@@steveb796don't make excuses for a terrible failing Government ...that's only interested in getting free votes ...there was a time when our Gov actually had brains and realized the importance of home ownership....!!!
@@danielsharp3683 how does this government not think home ownership is important?
@@danielsharp3683 unfettered capitalism has allowed home prices to go up. The federal reserve raises interest rates to tamp down the demand which lowers prices.
Watching how the real estate market is being manipulated in favor of some persons, I’ll advise we venture into other marketing options and look for other ways to invest that will be favorable to us.
I'm glad I was introduced to forex trading and got the best teacher and mentor who helped me understand the financial market l'm grateful to Mrs Shanita 🙏🏻
Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade
She is outstanding so well mannered teacher, glad i saw this here the knowledge you will gain is for a life time. Now is the time to invest in your education for 2023.
I've been trading with her for a while now, her profits are secured and over a 100 percent return on investments
Most reliable trader I've ever worked with, thank you for sharing so others can benefit from her good service.
fear a housing crash due to people buying homes above asking prices with little equity. If prices drop, affordability and potential foreclosures may arise, worsened by future layoffs and rising living costs. I want to invest more than $300k, but I'm not sure on how to mitigate risk.
Consider reallocating from real estate to other reliable investments like stock, crypto or precious metals . Severe recessions offer market buying opportunities with caution, as volatility can yield short-term trading prospects. Not financial advice, but it may be wise to invest, as cash isn't ideal in this period.
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
Please will you be kind enough to share the details of the man that helped you?
Her name is. 'RACHEL SARAH PARRISH’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
One lesson I've learnt from billionaires is to always put your money to work, and diversifying your investments. I'm planning to invest about $200k of my savings in stocks this year, and I hope I make profits.
You are right. The best approach I feel is to diversify investments- by spreading investments across different asset classes like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
That makes sense. I’ve been using a financial market expert for two years now and I own a six-figure diversified portfolio from investing in stocks. I want to diversify more this year, though.__
Nicole Anastasia Plumlee is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment
This guy is the king of BS on the internet. Why fox ask him for advice is confusing to me.
That’s because Fox is part of the mainstream media. Both sides of the political system are corrupt. It’s all an act and the parties are in on it together.
um because it takes a BSer to interview a BSer
Cos Fox is the king of BS news. Makes sense right?
Cuz it’s Fox News, they get the best on their shows.
I sold an apartment in Rochester and made about $250K. I was frustrated when I only earned $171 in interest from a regular savings account. After doing some research, I was advised to invest in stocks. Are these stocks a good point to start from?
While the stock market is promising and can give good ROI, expert guidance is essential for effective portfolio management so you don't get burnt out in the market as it is very volatile.
I opened an online high-yield savings account with 5.12863% interest compounded daily, expecting to get $2,500 in interest on my initial $50,000 at the end of the month. Instead, I only received $420. When I inquired, I was told the interest is calculated daily, which was not clearly stated on the website. My partner advised me to divert into stocks through an advisor, and in just six months, I achieved over 80% capital growth, excluding dividends. Highly recommended!
Pls how can i meet this advisor? i want someone to help me invest my divorce settlement, It's just being laying around in the bank without much interest.
Melissa Jean Talingdan is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment. She’s really good
Melissa Jean Talingdan is the advisor i use. You can look up her credentials.
The only problem with apartments going for rent is that they will keep increasing their rent every year. My rent was increased 9.99% considering the legal amount is 10% in California
Great video, I have always wanted to invest and start my retirement plans early enough, but I never did. I hope it is not too late for me? I will like good advice on how I can start up my retirement and put up some investments as well. This world in getting more difficult to live in everyday. One needs to prepare for the future and kids inheritance.
I total agree, get the assistance of an expert and save yourself the troubles that comes with investing or trading. As for me, I am very busy with work, I do not have time to monitor my investment, but I still make so much profit every time. That is because I have someone doing all the work on my behalf.
Does anybody have a nice recommendation for me?
How do I get her contact?
I ran a search on her complete name Leticia Zavala Perkins, I found her web page. I am sending her an email right away. Thanks.
Kids Inheritance? Lol
This is THE problem. Guy literally is telling us what the issue is and we allow it. "Oh lets just have large banks, investment firms and shady corporations buy apartments and homes and jack the rents up for safety and quality of service!" LOL meanwhile average families can't afford homes and if issues are brought up, the owner of the house just kicks tenants out.
Americans can't afford rent either. It's a losing situation unless one decides to think outside the box and live an alternative lifestyle like van life.
Greed is a horrible enemy. Especially when previous administrations from both parties kept rates too low.
Thank you for mentioning it has been both parties; greed, and lack of foresight for a decade or so.
If you think keeping rates low is a bad thing, you have been dropped down the cement stairs too many times as a baby.
Why is this hard. Cardone, buys apartment buildings to have people send him money to receive 5% approximately. He has been known to buy the apt complex with company A, sell it to so called investors at a higher price with company B. Where he manages, maintains, receives monthly percentage, then 20%-30% on the resale, whenever that is to share with original investors. So, no surprise he would be happier with apartment living he owns. Any rate reductions by the fed, has always meant home sales and higher prices. Simple
In my opinion, a housing market crash is imminent due to the high number of individuals who purchased homes above the asking price despite the low interest rates. These buyers find themselves in precarious situations as housing prices decline, leaving them without any equity. If they become unable to afford their homes, foreclosure becomes a likely outcome. Even attempting to sell would not yield any profits. This scenario is expected to impact a significant number of people, particularly in light of the anticipated surge in layoffs and the rapid increase in the cost of living.
I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!
You are right! I’ve diversified my 450K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above $830k in net profit across high dividend yield stocks, ETF and bonds.
Do you mind sharing info on the adviser who assisted you?
Found her, I wrote her an email and scheduled a call, hopefully she responds, I plan to start 2023 on a woodnote financially.
Ya. I know you are wishing for that, but its not going to happen. No one with those low interest rates wants to sell because they can't afford anything else. Even if my home loses $200k of value, I'm not going to sell, as i would eat a loss and more that double my rate. Also all those people who qualified for "low interest rates" are extremely qualified. Its not like 2008 where you just sign on the line and you're approved. I had an 800 credit, a home purchase price 3-3.5x my average income over 3 years, and 20% down. I wasn't special. That's who is getting homes for the last 10 years.
While investors are preparing to celebrate next year's soft landing, economic data doesn't appear to be cooperating, I’ve heard testimonies of people accruing over $250k this red period. What measures can I take to ensure this?
A solid strategy can be a key component of an investor’s portfolio. Well, the bigger the risk, the bigger the reward and such impeccable decisions are better guided by professionals.
Very true. Despite having no prior investing knowledge, I started investing after the pandemic and pulled in a profit of approximately $950k that same year. In reality, all I was doing was getting professional advice.
Very true. Despite having no prior investing knowledge, I started investing after the pandemic and pulled in a profit of approximately $950k that same year. In reality, all I was doing was getting professional advice.
Absolutely! Despite my lack of prior investing knowledge, I started investing after the pandemic and managed to make a profit of around $950k in that same year. Truth be told, I was simply following professional advice.
How do I find this financial counselor ?
As a new father who relocated to the Bay Area a couple of years ago, I'm considering buying a single-family home. However, with real estate prices currently skyrocketing, I'm unsure if it's still a prudent decision to proceed with the purchase or if I should focus on investing in stocks for the time being and wait for a potential correction in the housing market. I've heard positive things about Nvidia and AMD as solid investment options.
it’s a personal decision, but according to Forbes, housing activities will remain stagnant for the most part of the year, so maybe hold off a little.
well you could put a downpayment on a home and as well diversify as much as you can into Ai and pharm. stocks like Pfizer and JnJ.
Certain Ai companies are rumoured to be overvalued and might cause a market correction, I’d suggest you go with a managed portfolio, but even those don’t perform so well, so it’s best you reach out to a proper fiduciary to guide you, that’s what works for my spouse and I.
this is all new to me, where do I find a fiduciary, can you recommend any?
I recommend diversifying your investments by considering stocks alongside real estate. During a recession, there are potential buying opportunities in the stock market if approached cautiously. Additionally, market volatility can offer short-term buying and selling opportunities. However, please note that this is not financial advice. It's important to be proactive in investing as cash may not be the most advantageous option during these times.
In these uncertain times, it's more important than ever to have a solid understanding of how to manage your finances, invest wisely and navigate economic downturns.
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 $5 million in returns on invest-ments.
Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch if you don't mind
Rachel Sarah Parrish is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thanks 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 happened in the 1970's into the early 1980's. Home prices quadrupled from 1972 to 1982 and mortgage interest rates were double digit. Rates came down eventually; however, the prices did not; they merely increased at a slower rate. The only way to stop this is to stop printing money (devaluation of the US dollar). Unfortunately, that will not happen because our debt has reached an unsustainable level and there is no political will to even delay the inevitable. I can only see a scenario in which we default on the debt and begin again.
Printing money is no different than stealing money from people it's absurd it's even allowed
I agree with you. Well stated comment.
Trumps coming FJB
Yes but mortgages go into the equity and advantage of the owner ... Renting forever is same as leasing a car and never ever owning a car for yourself.
If people pay $15K - $20K per year or more in rent - they are better off putting that into a mortgage to benefit them not a stranger's pocket renting to them
That's right; it is almost always better to own
Amen.. Taking ownership should always be the way to go...that's why I bought land just so I could build my own no HOA for me....they can have it😀🙌😁
This is exactly the point. If you rent, even after thousands of dollars spent lining someone else's pocket you end up getting nothing out of it, no equity, nothing to pass on to future generations.
Sure but part of the problem is even putting 10% down on a $500,000 house is 50 grand. Most people don't have that laying around. And by the way, good luck even finding anything in Denver for only $500,000
@@J.TiberiusKirk exactly; renting and leasing are almost never the better option. Renting is only better if you expect to move wthin the next year or 2. And I can't think of any advantage to leasing. Most of us older folks bought our home or homes when we were in our 20's or 30's and the equity we built is a huge reason why we can retire or are in a position to retire. And there have always been skeptics who have had reasons to not buy. I bought my first home in 1991 right after desert storm when we had a bad recession. Everyone said not to buy. And I bought my current home in 2006 right before the financial crash and everyone told me not to buy. 17 years later the home is paid off(15 year mortgage) and it's up $125k in price despite the big slide in 2007 and 2008
Hate to say it but he makes absolutely no sense. When the interest rates are not tied to the housing pricing. Remember when the interest rate on housing was 2.5% and suddenly the cost of housing went up nearly 20% in 2021. Need a better narrative or reason than the FED.
How can we forget how the housing workforce was forced to go home because they were immigrants? How can we forget the ships were stuck in the ports in LA, etc to find out that most of the materials were from Asia (China)? None of this had anything to do with the FED - simply supply and demand. How can we forget the explosion of REIT's the finance sector pushed and corporations jumped with both feet buying up loose houses.
I remember in 2014 when I was working in real estate seeing people buy homes new from builders with the intention of selling before close of escrow to a new buyer for profit. The crash was so brutal and fast that I remember seeing a lot of these units foreclosed on with the builder plastic still on the carpet.
I get where you're coming from with the real estate crash, but I really think stock investment is a better option right now. With the guidance of a financial adviser, you can navigate the stock market effectively and find opportunities for growth that real estate just can’t match at the moment. Stocks offer higher liquidity, flexibility, and the potential for better returns, especially if you’re strategic about it. It’s all about making informed decisions and adapting to the current market conditions!
I agree. Based on my personal experience working with an investment advisor, I currently have $385k in a well-diversified portfolio that has seen exponential growth. It's not just about having money to invest in stocks; you also need to be knowledgeable, persistent, and have the strength to hold on during market fluctuations
Could you kindly elaborate on the advisor's background and qualifications?
My CFA, “Sonya Lee Mitchell”, is a renowned figure in her field. I recommend researching her name online; you’ll find all her credentials and everything you need to work with a reliable professional. With many years of experience, she is a valuable resource for anyone looking to navigate the financial market.
Thanks for the info, i found her website and sent a message hopefully she replies soon.
He specifically says RESIDENTIAL real estate. Home values are declining in every state. God bless, America.
That's not true in my area lol , fixer uppers have doubled in price and people are buying them ...Not sure where you got the notion home prices are going down...plus lower rates will mean more home bidding wars ....Haven't you learned anything past several years . People who been renting can easily afford a mortgage being there paying more in rent than a mortgage...
That’s not true at all. Everything is way over priced here. Where did you get that info lol
Overpriced in my area still as well
Yea, in Florida, home values are dropping like a rock.
Out of all the financial institutions on TH-cam you are the only one who gives the easiest way to get rich. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject ..... Thanks to Kristy Loreca the lady you recommended.....
That's awesome I know nothing about investment and I'm keen on getting started. What are the strategy?
Investing appropriately today can save you a whole lot of stress in the near future so anyone who is not investing now is missing a great opportunity....
No doubt!! I never knew Kristy Loreca had gone viral. I decided to back up my assets and property with her when we met at a conference in New Jersey for the first time.
Please I'm new to this, how can I get her assistance?
*SHE'S MOSTLY ON TELEGRAMS APPS WITH THE BELOW NAME*
Holy crap a real estate agent said they would charge me 26,000 bucks to sell my house. I was like this is fkd.
Yeah, it's nuts what the fees are these days.
We sold our last home ourselves and saved so much money and it is not hard to do.Great lawyer and closed in a month.Will never use a real estate agent to sell my house again.
@@SissyPeak-kq6vithat’s encouraging! Did have a lawyer for the contract?