The recession scare is surreal and the market is really panicking at this moment and I'm worried what effect this frenzy could have on my portfolio of about 80k. Could you make any recommendations on how I could preserve my portfolio during this period and also make profit from the market situation?
Well, this could be a very good time to make profit from the market. But because it's a frantic period, it's often best you employ the service of a financial advisor. I was up almost 90% during the COVID crash because I was working with one.
I had a similar experience. A financial advisor could really help you re-adjust and identify blindspots that you yourself do not notice, like mine did in advising me during COVID on how the pandemic will shape things, and I made it out big and still make up to at least 20k in dividend per month.
'Sharon Ann Meny' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
I need a way to draw up a plan to set up for retirement while still earning passive income to meet my day to day need and also get charged lesser taxes even while in a higher tax bracket. i want to invest around $250K savings.
Diversify your holdings across several asset types to reduce risk rather than putting all of your eggs in one basket. If you don't know a lot about finances, speak with a financial expert.
Accurate asset allocation is crucial with an Experts guidance. I have 850k in equity, 300K cash earning 5.25 interest, 685k in 401k, 250k cash account, 120k in car assets ( paid off cars) Gold and silver bars. age is 48. My advisor helped me realign my portfolio to my risk tolerance and it boomed overtime.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
The only American who won't acknowledge this Administration's failed economic policies is Joe Biden. "Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?
I would avoid index funds, mutual funds, and specific stocks for the time being. Right now, the best option is a fixed income of five percent. Put money aside for the times when the market really starts to bounce back.
45% of Americans do not invest in the stock market because of lack of guidance. Every year you don't invest, you are falling behind. I’m hitting numbers in the stock market I used to dream of… Going from $50k to $600k in my portfolio is surreal all thanks to insights from my financial advisor.
How can I participate in this? I sincerely aspire to establish a secure financlal future and i'm eager to participate. Who is the driving force behind your success?
Rebecca Nassar Dunne a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
AI stocks dominate 2024. Why I prefer NVIDIA is that they are better placed to maintain long term growth potential, and provide a platform for other AI companies. I know someone who has made more than 200% from NVIDIA. I'll also take any other recommendations you make.
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective consider financial advisory for informed buying and selling decisions.
Faced a similar situation, I sought advice from an investment advisor. Through portfolio restructuring and diversification with good ETFs, S&P 500 and growth stocks, I've turned my portfolio around from $200k to over $800k in a few years.
My CFA ‘Grace Adams Cook’ , 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.
More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
‘’Aileen Gertrude Tippy’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
Her plan is taxes, taxes and more taxes! Who do you think is going to pay for all of her 'free' giveaways? Shes coming for the other half of our paychecks!
Grossly entitled conservative russian-republican jim crow welfare state government, policing, and their deplorable supporters are a threat to American Democracy and real Americans everywhere!
Since Biden took office, there seem to have been more unfavorable results in America. These results include effects on the markets, such as price declines and sharp increases in inflation, as well as bank failures. I wonder if the sudden increase in interest rates will help value investors or if it would be wiser to stay away from the stock and financial markets for the time being.
To "buy the dip" It will be profitable in the long run. However, investors should be wary of the bull run. It is advisable to connect with a skilled adviser to fulfill your growth objectives and prevent mistakes. High interest rates typically result in lower stock prices.
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.
Recently, I have been exploring the possibility of consulting with advisors. As a mature individual, I am in need of guidance, but I am curious to know how truly impactful their services can be?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Jessica Lee Horst” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
I appreciate you sharing this. When I looked up the woman you named and read through her credentials, it was obvious that she was a complete professional. I just need her to respond to the message I wrote her.
USA is the largest producer of oil in the world. I am an Alaskan. Don't be gaslit. We currently have the resources and ability to do anything. Drill baby drill is an uneducated cult member talking point that makes zero sense.
Democrat presidential Johnson has stolen from SS since 1968 and now they still use SS funds to pay for stupid things. Pay the money back and we will be good
SS is non taxable. If you're under "retirement age", any additional income beyond that monthly payment is taxed and you could lose the SS. If you're retirement age or over, any additional income is non-taxable. So those statements are deceptive.
@@grampydeathblade2217 Correct. Any income you earn beyond the SS could result in a loss and take over 2 years to get back. You have to PROVE you cannot work. It is harder to get back the 2nd time. You have to prove you are totally and permanently disabled and under no circumstance can you handle a job. To call my statement “deceptive” is FALSE! You forgot about a “working” member of the household. Should a spouse be forced to pay taxes on SS another spouse qualifies for?
As an upcoming investor, it’s disheartening to see the government mishandle the economy, I’m seriously considering shifting my focus to more stable international markets.
As a "wanna-be" investor, I’d say it’s smart to get some solid advice before making big moves. Working with skilled finance pros is a game-changer, trust me.
People often underestimate how emotions mess up investments,I did too until I got serious about guidance. My savings shot up by multiple digits after that.
Grossly entitled conservative russian-republican jim crow welfare state government, policing, and their deplorable supporters are a threat to American Democracy and real Americans everywhere!
@@stansmith4871 We know Donald Trump is the candidate. Life has become much more expensive under President Biden. I can't make a nice pot of stew, chili, nor proper dinner much anymore. I really am snacking on cereal, crackers, and stale food bank stuff while drinking yucky tap water instead of more preferable things like juice, kombucha, spring water, and European beer.
Tax planning is crucial for optimizing investment returns. If not planned well, taxes can eat into your gains and significantly affect your portfolio growth.
Absolutely, proper tax planning can help minimize tax liabilities and maximize after-tax returns. It's essential to consider factors like capital gains taxes, dividend taxes, and tax-efficient investment strategies.
Changes in tax policies, both domestically and internationally, can have significant implications for investors. It's crucial to work with financial professional who understand these complexities and can help navigate them effectively.
Well with the ever-changing global economy, tax laws and regulations can also vary, impacting how investments are taxed. It's essential to stay informed and plan tax strategies accordingly.
Imagine if trump had a full 8 years. We would have been 1000 times better. We're gonna need trump for 4 and another trump policy term for 8 years after that.
My guess...he's grooming VANCE. Young, America loving, will be schooled and able to continue for literally 8 yrs. It's THAT or AGENDA 2030. Which is deeply embedding into every country on earth=U.N.= WESTERN CULTURE MIGRANT INVASION WORLD WIDE
Yes we do love Trump because he can make it all better again, he has to get in before we have a third world war and it's coming to that! Guaranteed when Trump gets in a lot of things are going to change for the far left!
The rising interest rate can surely control inflation, but won't prevent erosion of the eroding purchasing power of the US dollar. I have learnt my lesson this time. The banks can't be making money off my money, while inflation eats into it. I have set aside 650k to invest in the stock market now, since that keeps up with inflation, but I don't know how to get started.
The issue is people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt. Ideally, advisors are reps for investing jobs, and at first-hand encounter, my portfolio has yielded over 300% since 2020 just after the pandemic to date.
I dont know if you are confortable trying finacial advisors recommended on comment sections but well, ‘’Svetlana Sarkisian Chowdhury ‘’ is the licensed advisor I use. you can Just search the name. You’d find necessary details to work with to set up an appointment.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
The entire economy is directly proportional to energy. If energy is abundant and cheap, then everything else follows. Also we need to go back on the gold standard, that limited government from just printing money at will. Make all money backed by gold.
What about property tax for seniors? Our home in California costs us almost $6000 per year in property taxes, that's $500 per month! In other words, you never really own your home because of property tax!
Not only that but a retired person at 65 who starts to collect social security should be able to get a job if they want with no max in what they make that year. Social security isn't enough to pay the bills.
@@FindsofYesterday he was at the time but after doing some research I guess it can depnd on when you were born my question is why do you think you can retire with zero saved up and counting only on social security? Anyone 50 and younger knows you have to have a nice nest egg like a 401k or pension because social security isnt going to cut it like it did for your parents
Trump’s Truth Social lost $16.4 million last quarter and had under $1 million in revenue. Trump can sell over 100,000,000 shares in September if he can buyers.
I am so SICK of the 'stay on policy crowd' while the Democrats call us every name imaginable!! The days of Romney & McCain losing with honor are OVER!!!!
“while the Democrats call us every name imaginable!!” Do you realize how ironic this sounds? Are you braindead or are you just an ignorant hypocrite who wants to vote for a dictator?
I need to set up for retirement while still earning passive income to meet my day to day need and also get charged lesser taxes even while in a higher tax bracket. i want to invest around $250K from my cash savings.
Don't put all your eggs in one basket; instead, diversify into different asset classes to mitigate risk. If you lack extensive knowledge, consult a financial advisor.
Accurate asset allocation is crucial with an Experts guidance. I have 850k in equity, 300K cash earning 5.25 interest, 685k in 401k, 250k cash account, 120k in car assets ( paid off cars) Gold and silver bars. age is 48. My advisor helped me realign my portfolio to my risk tolerance and it boomed overtime.
Common sense in Economics is so lacking. Trump actually has some good points. Our Economy grew when he implemented his ideas as President. I don’t get the outrage!
Donald Trump is a highly successful New York Yankee businessman who obtains substandard real estate, improves it & 'adds value', so it is better afterwords. Exactly what the U.S. needs.
40% more money printed, 40% more cost of everything. How does every American understand this logic, except the people in public office? If you're voting Democrat again, after all that money printing, you only have yourself to blame for the poverty you will find yourself in.
40% more money means 40% higher prices for the rest of us, and 40% less debt for the government. What are we getting for 40% more? See anymore electric cars on the road? See any better air quality? Where are the benefits for 40% more? And electric vehicles are heavier, so harder on the pavement and bridges.
Great video. I have a quick question. I am an aspiring trader, I am looking study some traders and earn off their expertise rather than investing myself and lose money emotionally. Whats your take on copy trading? Do people really make money? Just looking for some reassurance.
Focus on long term investments in property, stocks, and bonds. Avoid copying, daytrading and 'chart astrology'. Diversify across different geographies, industries, and value chain stages - to reduce your risk. You can do this with ETFs, or by selecting different stocks yourself. This is the best way to invest for more than 90% of people
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
I agree!!! Here’s their tax incentive. Never give another dime of our tax money to corporations! Never cut taxes so a company moves into your town. Never pass bills in congress to benefit these wealthy corporations! Let’s start giving tax incentives to pure born and bred Americans in this country who try to start businesses. No rebates or other incentives to consumers of products. No bailing out any companies. No nothing!!!
Ronald Reagan said it best Big Government is the problem, it's we the people that hired them as well you voted them in and should be able to fire them Mid Term if their out for self, lining their own pockets like them in power right now or for the next two and a half months. Than Trump 2024 but it's to late.
My wife and I put a large garden together because groceries cost too much over our fixed income. Both of us had back operations but this is how we will survive!! Hoping for great change in economy!
Same here something that might help you and your wife is look for old plastic chairs people are throwing out and use them to hold "containers" for gardening much easier to keep weeds out and at waist level. Best wishes. Anna In Ohio
0:11 are they going to unprint TRILLIONS of dollars? NO in the last 10 years over $20 TRILLION has been printed, adding over 50% MORE CURRENCY to circulation the VALUE of the dollar is dropping NOT INFLATION
He's right about the vast printing of money, but he is wrong because the price of fuel drives the price of EVERYTHING higher, and when Trump makes America energy independent, which makes fuel prices very very low here, like he had $1.95 per gallon, this WILL LOWER the price of everything including groceries.
The crisis of climate and fossil fuels, as high temperatures records fall around the world, embarking upon a binge of these fuels will have consequences beyond boarders, and ideology.
Yes there aren't clarifying which taxes they are talking about the ones where we report our yearly income or tax penalties if you go back to work and still get your social security. Anna In Ohio
Don't tax SSI, don't tax tips, don't tax the previous year's tax return as income. Also, ifthe USA is energy independent (drill, drill,drill) then the middle east isn't nearly so important either. Government regulations, especially here in California, also add hundreds of thousands to the cost of every home. There are many places the US Gov. could reduce the burdens on taxpayers.
Investing in alternative income streams that are independent of the government should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. Stocks, gold, silver, and virtual currencies are still attractive investments at the moment.
Putting well-earned money into the stock market can be over emphasized for first-time investors, unlike a bank where interest is sure thing! Well, basically times are uncertain, the market is out of control, and banks are gradually failing. I am working on a ballpark estimate of $5M for retirement, and I have a good 6-figure loaded up for this, could there be any opportunity for a boomer like me? I'm nearly 60.
Sincerely it's best to seek an advisor right now, unless you're canny yourself. As a business owner in both the service industry and eBay reseller of all product categories, I can tell you we’re in a deep recession and everyone is running out of money.
Based on firsthand encounter with a fiduciary counselor Julia Hope Marble i have $385k in a well diversified portfolio which has grown by 3x with compounding, venturing doesn’t necessarily boil down to money but you also have to be informed, be patient and back it up with good hands
Agreed, partnering with the right planner is invaluable, my portfolio is well-matched for every season of the market, and recently hit 140% rise from early last year. I and my CFP are working on a 7-figure ballpark goal, tho this could take another year.
truly appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor... mind sharing info of this person guiding you please?
I love the simplicity of his point. If the government prints 40% more money then everything costs 40% more, hence, you pay more because the government that was greedy.
I said this at the beginning once people start getting that money they do not want to give it up greed greed greed whatever you have to pay for that's what you have to pay for they're not going to go backwards
We are poor, our SOCIAL SECURITY income puts us below poverty level but because our 47 year old 1 bedroom mobile home is paid for we don't qualify for any government assistance. We lost our food during Beryl and couldn't even get emergency food stamps just once. The person told us if we sold our house they could give us food stamps 😮 if we sold our House we'd be able to buy food but would be homeless! TELL ME THE LOGIC IN THIS?
The campaign shenanigans from both the red party and blue party is exactly what is stirring up this market panic. I have a little over 250k i wanted to put in the markets but I don’t know what direction to head now.
Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions.
Agreed! this is why I work with one. My $520k portfolio is well-matched for every market season yielding 85% rise from early last year to date. I and my advsor are working on more figures for this year. IMO, financial advisors are the most sought-after professionals after doctors.
I've experimented with a few over the past years, but I've stuck with the popularly ‘’Amber Michelle Smith” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
Thank you for the lead, searched Michelle by her full name and at once spotted her consulting page, she seems highly professional having over 12 years of experience. amazing!
First time Republican voter- in accordance with comments below. Even as, chaos has already been unleashed/cumulative for years-decades. Only some degree of "damage-control" can be attempted at this point...
The recession scare is surreal and the market is really panicking at this moment and I'm worried what effect this frenzy could have on my portfolio of about 80k. Could you make any recommendations on how I could preserve my portfolio during this period and also make profit from the market situation?
Well, this could be a very good time to make profit from the market. But because it's a frantic period, it's often best you employ the service of a financial advisor. I was up almost 90% during the COVID crash because I was working with one.
I had a similar experience. A financial advisor could really help you re-adjust and identify blindspots that you yourself do not notice, like mine did in advising me during COVID on how the pandemic will shape things, and I made it out big and still make up to at least 20k in dividend per month.
'Sharon Ann Meny' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
I need a way to draw up a plan to set up for retirement while still earning passive income to meet my day to day need and also get charged lesser taxes even while in a higher tax bracket. i want to invest around $250K savings.
Diversify your holdings across several asset types to reduce risk rather than putting all of your eggs in one basket. If you don't know a lot about finances, speak with a financial expert.
Accurate asset allocation is crucial with an Experts guidance. I have 850k in equity, 300K cash earning 5.25 interest, 685k in 401k, 250k cash account, 120k in car assets ( paid off cars) Gold and silver bars. age is 48. My advisor helped me realign my portfolio to my risk tolerance and it boomed overtime.
pls how can I reach this expert, I need someone to help me manage my portfolio
Sharon Ann Meny is the licensed advisor I use. Just search the name. You’d find necessary details to work with 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.
The only American who won't acknowledge this Administration's failed economic policies is Joe Biden. "Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?
I would avoid index funds, mutual funds, and specific stocks for the time being. Right now, the best option is a fixed income of five percent. Put money aside for the times when the market really starts to bounce back.
45% of Americans do not invest in the stock market because of lack of guidance. Every year you don't invest, you are falling behind. I’m hitting numbers in the stock market I used to dream of… Going from $50k to $600k in my portfolio is surreal all thanks to insights from my financial advisor.
How can I participate in this? I sincerely aspire to establish a secure financlal future and i'm eager to participate. Who is the driving force behind your success?
Rebecca Nassar Dunne a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
I just Googled her name and her website came up right away. It looks interesting so far. I sent her an email and i hope she responds soon.
AI stocks dominate 2024. Why I prefer NVIDIA is that they are better placed to maintain long term growth potential, and provide a platform for other AI companies. I know someone who has made more than 200% from NVIDIA. I'll also take any other recommendations you make.
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective consider financial advisory for informed buying and selling decisions.
Faced a similar situation, I sought advice from an investment advisor. Through portfolio restructuring and diversification with good ETFs, S&P 500 and growth stocks, I've turned my portfolio around from $200k to over $800k in a few years.
Your FA must be really good, I hope it's okay to inquire if you're still collaborating with the same FA and how I can get in touch with them?
My CFA ‘Grace Adams Cook’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
I was curious so looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.
More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
How can I reach this person?
‘’Aileen Gertrude Tippy’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
I checked Aileen up out of curiosity and i must say i am impressed by her Credentials. i emailed her already, waiting on her response.
My restaurant costs tripled under Biden! TRIPLED!
Did your workers wages triple in that time they have inflation to worry about as well
@@jasondeaver2117 How the man runs his business is none of your business. Understand?
@@jackherndon8245 no I dont why dont you explain it to me internet tough guy
Thats because Biden sucks....
...at working on a good economy for you and me...
Sad
Her plan is taxes, taxes and more taxes! Who do you think is going to pay for all of her 'free' giveaways? Shes coming for the other half of our paychecks!
These stupid people wont get it until they are eating from garbage cans
Project 2025 raises taxes on most americans.
That was and is the plan to pay for all the illegal invaders, thanks to all those supporters of the radical left
Grossly entitled conservative russian-republican jim crow welfare state government, policing, and their deplorable supporters are a threat to American Democracy and real Americans everywhere!
Praying people wake up and make better choices at the polls and vote according to what's best for the country instead of voting according to feelings!
Since Biden took office, there seem to have been more unfavorable results in America. These results include effects on the markets, such as price declines and sharp increases in inflation, as well as bank failures. I wonder if the sudden increase in interest rates will help value investors or if it would be wiser to stay away from the stock and financial markets for the time being.
To "buy the dip" It will be profitable in the long run. However, investors should be wary of the bull run. It is advisable to connect with a skilled adviser to fulfill your growth objectives and prevent mistakes. High interest rates typically result in lower stock prices.
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.
Recently, I have been exploring the possibility of consulting with advisors. As a mature individual, I am in need of guidance, but I am curious to know how truly impactful their services can be?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Jessica Lee Horst” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
I appreciate you sharing this. When I looked up the woman you named and read through her credentials, it was obvious that she was a complete professional. I just need her to respond to the message I wrote her.
Drill Baby Drill Trump 2024
I would love to have a well on my property. I checked, nothing under me....
USA is the largest producer of oil in the world. I am an Alaskan.
Don't be gaslit. We currently have the resources and ability to do anything.
Drill baby drill is an uneducated cult member talking point that makes zero sense.
that will bring down prices
Correct!!
The ceo's of big oil would love it. What 5 country produces the most oil these days? Anyone but Donald the dunce.
There should NEVER HAVE BEEN A TAX ON SS!
yea
@@dknowles60 Suprise suprise, Joe Biden voted for that!
Al Gore is the one that cast the deciding vote to tax Social Security Democrat
Democrat presidential Johnson has stolen from SS since 1968 and now they still use SS funds to pay for stupid things. Pay the money back and we will be good
Thank Alan Greenspan and Ronald Reagan for that. 1983 Ronald Reagan signed the amendments onto law.
Tax on SS is cruel.
Yep!
It’s also cruel they force us to pay for Medicare also. Nearly $150 a month.
Messed up.
SS is non taxable. If you're under "retirement age", any additional income beyond that monthly payment is taxed and you could lose the SS. If you're retirement age or over, any additional income is non-taxable. So those statements are deceptive.
@@grampydeathblade2217 I think you misunderstood what I meant. Tax on SS means tax on SS payments, not contributions.
SS itself is cruel. If you invested the money you put in you'd be much better off.
@@grampydeathblade2217
Correct. Any income you earn beyond the SS could result in a loss and take over 2 years to get back. You have to PROVE you cannot work. It is harder to get back the 2nd time.
You have to prove you are totally and permanently disabled and under no circumstance can you handle a job.
To call my statement “deceptive” is FALSE!
You forgot about a “working” member of the household. Should a spouse be forced to pay taxes on SS another spouse qualifies for?
As an upcoming investor, it’s disheartening to see the government mishandle the economy, I’m seriously considering shifting my focus to more stable international markets.
As a "wanna-be" investor, I’d say it’s smart to get some solid advice before making big moves. Working with skilled finance pros is a game-changer, trust me.
People often underestimate how emotions mess up investments,I did too until I got serious about guidance. My savings shot up by multiple digits after that.
Been thinking about a coach myself, especially as a senior, but I’ve got cold feet. Not sure how quickly they’d boost my account or who to trust
There are a handful of experts in the field. I’ve tried a few, but I’ve stuck with Kristin Amy Rose for five years-she’s been solid. Look her up
Thanks for the tip! I checked out her credentials, and wow, she’s the real deal. Just waiting for her to hit me back now
Maybe all government agencies need cut 30%.
All the big Government pensions are ridiculous. Try living on SS.
They don't live in reality 😢
End all entitlements.
5317 Well stated !
@@AdullFiddler-ez7tm
And end all withholding s on payroll. Some of us really know how to managevour money.
America first. It’s time for Trump.
TRUMP AND ONLY TRUMP., PERIOD.
Thank you for turning the White House, House of Representatives and Senate over to the Progressives. Great job!
Grossly entitled conservative russian-republican jim crow welfare state government, policing, and their deplorable supporters are a threat to American Democracy and real Americans everywhere!
Spot on. We can't afford the government crap anymore.
Im 70 and cant buy food. May have to eat dog food. No money no hope under this crappy administration
Why are you 70 and broke? I assume you worked? Where's your savings?
Don’t eat Alpo
Go to a food bank dummy or maybe you just like animal products did you by chance take horse dewormer in 2019/2020?
Find one or two others to split bills.
@@evelynkilgore828 go to a food bank moe ron unless you like pet products did you by chance take horse dewormer in 2019 or 2020?
I would rather have a Real Estate Tycoon running the Country then some political buffoon.
I AGREE.
Third
Are you being serious. Lol you would be paying 8500 for a studio in this situation
@@stansmith4871 We know Donald Trump is the candidate. Life has become much more expensive under President Biden. I can't make a nice pot of stew, chili, nor proper dinner much anymore. I really am snacking on cereal, crackers, and stale food bank stuff while drinking yucky tap water instead of more preferable things like juice, kombucha, spring water, and European beer.
You mean you’d rather have a fraudster.
What happen why did they do it's already trump is the best man to save this country get out and vote
Good lord your grammar is atrocious bot
Go ahead vote for Harris you think it's bad now wait and see how bad it will get under Harris.
The rich don't care and many of kamala's voters will get their government subsidies increased so they won't care either.
Dems are really waiting for 2028. Then they release real demons.
Fear mongering divisive right-wing propaganda whores like you are what's wrong with America
Only blind, deaf, RICH, mentally unstable people would even consider voting for her.
That's the entire Democratic Party, unfortunately.
The people voting for her believe everything is fine now, that’s the problem
Tax and insurance rate increases seem to be pushing investment back.
Tax planning is crucial for optimizing investment returns. If not planned well, taxes can eat into your gains and significantly affect your portfolio growth.
Absolutely, proper tax planning can help minimize tax liabilities and maximize after-tax returns. It's essential to consider factors like capital gains taxes, dividend taxes, and tax-efficient investment strategies.
Changes in tax policies, both domestically and internationally, can have significant implications for investors. It's crucial to work with financial professional who understand these complexities and can help navigate them effectively.
Well with the ever-changing global economy, tax laws and regulations can also vary, impacting how investments are taxed. It's essential to stay informed and plan tax strategies accordingly.
Consulting with a financial professional can provide personalized insights and help align your investment strategy with your retirement goals.
Brandonomics will only slide in kamalanomic depression.
Already in a silent depression, but she'll ruin us completely
Already in a silent depression, but she'll ruin us completely
Trump already proved he can.
and harris proved what she will do
@@heaven-is-realAnd that is what?
@@MikeWixom-hm2zg it aint good i can tell you that
@@heaven-is-real She hasn't a clue...libby democracy will be the fall of this nation!
@@MikeWixom-hm2zg yes the more people that realize this the better
Get fuel cost down, inflation will go down. Pretty simple.
Taxes are difference between democracy and socialism.
Stop spending more that we collect.
@@bobstewart5255 yeah Clinton did that only for bush to screw it up
Imagine if trump had a full 8 years. We would have been 1000 times better. We're gonna need trump for 4 and another trump policy term for 8 years after that.
@@sendit7777 amen
My guess...he's grooming VANCE. Young, America loving, will be schooled and able to continue for literally 8 yrs. It's THAT or AGENDA 2030. Which is deeply embedding into every country on earth=U.N.= WESTERN CULTURE MIGRANT INVASION WORLD WIDE
Cheap energy = low inflation. Bring back energy independence.
I agree, he didn't even mention lowering energy costs, which is the driver of the economy!
US is More energy independent now that it was back in 2019.
Do you know what 5 countries produce the most oil?
@cliffoilarjr2682 the only reason energy prices dropped under Trump was because of covid
@@hanshansen3885then why are we buying oil. What an idiotic statement you need help stop watching CNN and MSNBC
No retired person should be taxed on anything!! ESPECIALLY paying taxes on a home that is paid off.
We ❤❤❤❤ LOVE TRUMP ❤❤❤❤
Yes we do love Trump because he can make it all better again, he has to get in before we have a third world war and it's coming to that!
Guaranteed when Trump gets in a lot of things are going to change for the far left!
The government is ruining this country! Less government period.
exactly..the Fed is totally responsible for this evil malady they have purposely created!!
The rising interest rate can surely control inflation, but won't prevent erosion of the eroding purchasing power of the US dollar. I have learnt my lesson this time. The banks can't be making money off my money, while inflation eats into it. I have set aside 650k to invest in the stock market now, since that keeps up with inflation, but I don't know how to get started.
The issue is people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt. Ideally, advisors are reps for investing jobs, and at first-hand encounter, my portfolio has yielded over 300% since 2020 just after the pandemic to date.
I dont know if you are confortable trying finacial advisors recommended on comment sections but well, ‘’Svetlana Sarkisian Chowdhury ‘’ is the licensed advisor I use. you can Just search the name. You’d find necessary details to work with to set up an appointment.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
Only trust a fiduciary for financial advice! Preferably not one listed here. 💯
Contact Dave Ramsey
The entire economy is directly proportional to energy. If energy is abundant and cheap, then everything else follows. Also we need to go back on the gold standard, that limited government from just printing money at will. Make all money backed by gold.
Americans should not pay taxes
What about property tax for seniors? Our home in California costs us almost $6000 per year in property taxes, that's $500 per month! In other words, you never really own your home because of property tax!
That 6000$ tax bill on 600k house is cheap..600k house in tx is going to be close to 12k….
You've got to retire somewhere cheaper. Certain places down south you can have a $450k home on the lakefront for under $1k/yr.
Exactly! We just sold our forever home because of the incredibly high taxes. Property taxes are ridiculous!
Even CHINA does not have property taxes on residential property!!!!
Same here in Texas! We pay property tax with our social security money and pretty much break even.
Social Security wasn't taxed until 1984. I don't know why people don't mention that.
@@libertylady1952 so I'm guessing that was implemented by Republicans at the time
@@jasondeaver2117Joe cast the deciding vote
GOP did not have control of the house at the time R R was not able to veto
@@jasondeaver2117 The Dems had the House and the GOP had the senate.
@@libertylady1952 and Reagan signed it
Not only that but a retired person at 65 who starts to collect social security should be able to get a job if they want with no max in what they make that year. Social security isn't enough to pay the bills.
At 65 they can it's only when you take it early is when they cap your work hours
@@jasondeaver2117 hmmm, my husband is 65 and can't make any more money this year because he is capped. Even though we need more.
@@FindsofYesterday my dad is never capped
@@jasondeaver2117 is he 65?
@@FindsofYesterday he was at the time but after doing some research I guess it can depnd on when you were born my question is why do you think you can retire with zero saved up and counting only on social security? Anyone 50 and younger knows you have to have a nice nest egg like a 401k or pension because social security isnt going to cut it like it did for your parents
Trump is our best shot!
Trump’s Truth Social lost $16.4 million last quarter and had under $1 million in revenue.
Trump can sell over 100,000,000 shares in September if he can buyers.
Depression is coming.
@@susanbrown2578 only to those who watch fox news
If garbage had trash it would be kamel toe
Lol, so true.
I am so SICK of the 'stay on policy crowd' while the Democrats call us every name imaginable!! The days of Romney & McCain losing with honor are OVER!!!!
Trump losing with dishonor, the sequel
@@keithstevens8739that will only happen if the left cheats again.
Your losing squad members and now Marie Alvarado-Gil of California, your party is bleeding from the juggler
“while the Democrats call us every name imaginable!!”
Do you realize how ironic this sounds? Are you braindead or are you just an ignorant hypocrite who wants to vote for a dictator?
@@keithstevens8739 Not like he ever lost
once you open back up the American Oil and Energy sector this alone will bring about change!!!!! Less Government Restrictions always opens the markets
Oil is a global commodity adding a few million barrels will do next to nothing for prices worldwide
I need to set up for retirement while still earning passive income to meet my day to day need and also get charged lesser taxes even while in a higher tax bracket. i want to invest around $250K from my cash savings.
Don't put all your eggs in one basket; instead, diversify into different asset classes to mitigate risk. If you lack extensive knowledge, consult a financial advisor.
Accurate asset allocation is crucial with an Experts guidance. I have 850k in equity, 300K cash earning 5.25 interest, 685k in 401k, 250k cash account, 120k in car assets ( paid off cars) Gold and silver bars. age is 48. My advisor helped me realign my portfolio to my risk tolerance and it boomed overtime.
pls how can I reach this expert, I need someone to help me manage my portfolio
Victoria Louisa Saylor is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Wow, her track record looks really good from what I found online.i just filled the form and scheduled for a call. Thanks to you
Imagine being a senior citizen, depending on that income, and voting for your social security to be taxed.
Doesn't get much dumber than that.
Imagine counting on social security as your only retirement income does not get dumber than that
Imagine watching Too Big Too Fail bailouts for the Uber wealthy at the expense of the working class.
This guy gets it.
Common sense in Economics is so lacking. Trump actually has some good points. Our Economy grew when he implemented his ideas as President. I don’t get the outrage!
Donald Trump is a highly successful New York Yankee businessman who obtains substandard real estate, improves it & 'adds value', so it is better afterwords. Exactly what the U.S. needs.
TRUMP 2024!!!!!!!!!!!!!!!!!!!!!!
National Tragedy that economics experts aren't lecturing to our students from elementary school to university level on how to manage personal finances
40% more money printed, 40% more cost of everything.
How does every American understand this logic, except the people in public office?
If you're voting Democrat again, after all that money printing, you only have yourself to blame for the poverty you will find yourself in.
Unfortunately, for those of us who don’t vote for it, we suffer the same consequences.
And stop the forever wars.
40% more money means 40% higher prices for the rest of us, and 40% less debt for the government. What are we getting for 40% more? See anymore electric cars on the road? See any better air quality? Where are the benefits for 40% more? And electric vehicles are heavier, so harder on the pavement and bridges.
No, you did not, You printed 400% more money! Just look at the M1 money supply in 2020.
Great video. I have a quick question. I am an aspiring trader, I am looking study some traders and earn off their expertise rather than investing myself and lose money emotionally. Whats your take on copy trading? Do people really make money? Just looking for some reassurance.
Focus on long term investments in property, stocks, and bonds. Avoid copying, daytrading and 'chart astrology'. Diversify across different geographies, industries, and value chain stages - to reduce your risk. You can do this with ETFs, or by selecting different stocks yourself. This is the best way to invest for more than 90% of people
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
Thank you for this tip. It was easy to find your coach. Did my due diligence on her before emailing her. She seems proficient considering her resume.
Bot
No. Bottom line, they can reduce taxes making our dollars go further. They can give companies tax incentives to lower prices. TRUMP 2024
They?
I agree!!! Here’s their tax incentive. Never give another dime of our tax money to corporations! Never cut taxes so a company moves into your town. Never pass bills in congress to benefit these wealthy corporations! Let’s start giving tax incentives to pure born and bred Americans in this country who try to start businesses. No rebates or other incentives to consumers of products. No bailing out any companies. No nothing!!!
Trump gave tax cuts and breaks in 2021, we didn't get price cuts, better wages or more employment
Lol. Republican trickle down economics has been debunked.
@@keithstevens8739 Odd I did
I lived during jimmy Carter days. Nope. Prices won’t come down
A great economic depression is coming. millions will go homeless with they lose their homes
Corporations own the politicians
Absolutely !
always
Ronald Reagan said it best Big Government is the problem, it's we the people that hired them as well you voted them in and should be able to fire them Mid Term if their out for self, lining their own pockets like them in power right now or for the next two and a half months. Than Trump 2024 but it's to late.
First day in office suspend all fuel taxes for 6 months
My wife and I put a large garden together because groceries cost too much over our fixed income. Both of us had back operations but this is how we will survive!! Hoping for great change in economy!
Same here something that might help you and your wife is look for old plastic chairs people are throwing out and use them to hold "containers" for gardening much easier to keep weeds out and at waist level. Best wishes. Anna In Ohio
Markets are going to tank!
No, its totalky fixable!! Just open up the pipeline!! They are giving our taxes to other cou tries like ukraine etc. Plus🤬 heir own pockets!!
0:11 are they going to unprint TRILLIONS of dollars?
NO
in the last 10 years over $20 TRILLION has been printed, adding over 50% MORE CURRENCY to circulation
the VALUE of the dollar is dropping
NOT INFLATION
He's right about the vast printing of money, but he is wrong because the price of fuel drives the price of EVERYTHING higher, and when Trump makes America energy independent, which makes fuel prices very very low here, like he had $1.95 per gallon, this WILL LOWER the price of everything including groceries.
The crisis of climate and fossil fuels, as high temperatures records fall around the world, embarking upon a binge of these fuels will have consequences beyond boarders, and ideology.
Taxes on Social Security??
I’m 78 and pay tax on my ss check every month, the only advantage is I get large tax return
Yes there aren't clarifying which taxes they are talking about the ones where we report our yearly income or tax penalties if you go back to work and still get your social security. Anna In Ohio
The national debt is going to bring us all down. Sadly no one talks about cutting spending. 😢
Somebody tell that lady she's already in office.
Don't tax SSI, don't tax tips, don't tax the previous year's tax return as income. Also, ifthe USA is energy independent (drill, drill,drill) then the middle east isn't nearly so important either. Government regulations, especially here in California, also add hundreds of thousands to the cost of every home. There are many places the US Gov. could reduce the burdens on taxpayers.
If anyone can, Trump can. 🇺🇲🇺🇲🇺🇲
Taxation and overregulation are the issues ................
Investing in alternative income streams that are independent of the government should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. Stocks, gold, silver, and virtual currencies are still attractive investments at the moment.
Putting well-earned money into the stock market can be over emphasized for first-time investors, unlike a bank where interest is sure thing! Well, basically times are uncertain, the market is out of control, and banks are gradually failing. I am working on a ballpark estimate of $5M for retirement, and I have a good 6-figure loaded up for this, could there be any opportunity for a boomer like me? I'm nearly 60.
Sincerely it's best to seek an advisor right now, unless you're canny yourself. As a business owner in both the service industry and eBay reseller of all product categories, I can tell you we’re in a deep recession and everyone is running out of money.
Based on firsthand encounter with a fiduciary counselor Julia Hope Marble i have $385k in a well diversified portfolio which has grown by 3x with compounding, venturing doesn’t necessarily boil down to money but you also have to be informed, be patient and back it up with good hands
Agreed, partnering with the right planner is invaluable, my portfolio is well-matched for every season of the market, and recently hit 140% rise from early last year. I and my CFP are working on a 7-figure ballpark goal, tho this could take another year.
truly appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor... mind sharing info of this person guiding you please?
My mechanic did a fantastic job changing my oil, and only charged me $10! I was so happy I gave him a $40 tip.
Why would I get a part time job, I am 65 years young, to be taxed on my Social Security?
Did anyone ever imagine that would pay $5.00 for a bag of potato chips..??
I know right? I stopped buying potato chips a couple years ago. Anna In Ohio
It’s called Brandon economics and the big lie
HARRIS COULDN'T MAKE A SANDWICH
What if we all stopped paying taxes and demanded rebuilding the tax system?
You have been reported to the IRS. Have fun with your audit
@@TrumpsGuiltjokes on em, I'm broke. ;)
@@TrumpsGuiltdid you know federal income tax doesn't apply to 98% Americans but we still pay because of fake news?
@@TrumpsGuiltDid you know federal income tax doesn't apply to 98% of Americans?
@jurassicthunder you should short sell truth social stock! I've made so much money this last year off of trump's failures
I love the simplicity of his point.
If the government prints 40% more money then everything costs 40% more, hence, you pay more because the government that was greedy.
With a 1 trillion dollar deficit every 3 months and 76% of our taxes going towards debt .. policy, not politics .
It’s time to cut foreign aid and pay our debt down
“It’s greedy government “.
puppeteers good know don't money...don't vote puppeteers...
Trump is a business man ,he will fix the Economy.
no income tax
Blah blah lower the prices stop charging so much for things stop being greedy corporations, government, all of you
Trump can. Bring down the cost of energy, then everything else will follow
Love your country more than you hate.Trump...this time.
inflation hurts. Democrat policies have consequences.
But if they do not tax tips how are they going to send billions of dollars to Ukraine?
I appreciate Varney’s honesty
Print more money? Then give more away to support other Country's. 😨😨
I said this at the beginning once people start getting that money they do not want to give it up greed greed greed whatever you have to pay for that's what you have to pay for they're not going to go backwards
Especially with tax on social security.
@@Jleed989 they were talking about cost of living inflation prices of goods
If you vote for Harris, you will have to get an extra job, because inflation will be so bad.
Only the Middle Class....feels the pinch.
The poor are fully subsidized...with
Section 8....EBT.....& Debt card
We are poor, our SOCIAL SECURITY income puts us below poverty level but because our 47 year old 1 bedroom mobile home is paid for we don't qualify for any government assistance. We lost our food during Beryl and couldn't even get emergency food stamps just once. The person told us if we sold our house they could give us food stamps 😮 if we sold our House we'd be able to buy food but would be homeless! TELL ME THE LOGIC IN THIS?
The government should have a going out of business sale for themselves.
65 aint the new 45, that's just a saying
63 is the new 62 to be able to collect closer to 80%.
and already paid taxes on!
The campaign shenanigans from both the red party and blue party is exactly what is stirring up this market panic. I have a little over 250k i wanted to put in the markets but I don’t know what direction to head now.
Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions.
Agreed! this is why I work with one. My $520k portfolio is well-matched for every market season yielding 85% rise from early last year to date. I and my advsor are working on more figures for this year. IMO, financial advisors are the most sought-after professionals after doctors.
I could really use the expertise of this advsors
I've experimented with a few over the past years, but I've stuck with the popularly ‘’Amber Michelle Smith” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
Thank you for the lead, searched Michelle by her full name and at once spotted her consulting page, she seems highly professional having over 12 years of experience. amazing!
First time Republican voter- in accordance with comments below. Even as, chaos has already been unleashed/cumulative for years-decades. Only some degree of "damage-control" can be attempted at this point...
He forgot(?) cheaper oil prices by increasing the local supply !!
Doesn’t the local supply go into a world market?
Let get real here! TAX PAYER IS AN INSULT, WE ARE CASH MACHINE'S FOR CORRUPTION! 😅