Local politicians impatient with Washington’s actions against Beijing are blocking Chinese land purchases, factory plans and research: on.wsj.com/4dkjXM0
Billionaire-owned press outlet (Jeff Bezos, if you didn't know) unironically asks billionaire financial criminal who should have been tossed in a CIA black site for his conduct leading to the crash of 2008 how the economy for everyone else is doing. Yeah. That sounds legit. And you wonder why nobody but the ignorant and aging Baby Boomers bothers with mainstream media anymore. We see you.
gotta laugh when he says the consumer is okay and has extra money. tell me you don't do your own shopping without telling me you don't do your own shopping...
Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.
Wall Street pitched so-called quality stocks with high profitability and low debt, as a kind of insurance against whatever the economy might throw at you. Quality stocks have underperformed the S&P500 this year, My $200k portfolio is down by approximately 20 %, any recommendations to scale up my returns on investment
Nobody knows anything You need to create your own process, manage risk and stick to the plan, through thick or thin While also continuously learning from mistakes and improving.
Exactly why i enjoy market decisions being guided by a pro , seeing that their entire skillset is built around going long and short at the same time both employing risk management and market experience , been using a portfolio-coach for over 2years+ and I've netted over $3million in that time frame.
'Carol Vivian Constable, 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.
Right now, we stand at a crossroad of possibilities in the market where the boundaries on what we can achieve is not just dictated by the Fed, or the world around us(war, inflation). There's always going to be recession for some people while others amass wealth, think about it.
IMO, financial advisors are the most sought-after professionals after doctors. My portfolio is well-matched for every market season and just yielded 85% from early last year to date. I and my advisor are working on a 7 figure ballpark goal, tho this could take another year.
@@mariaguerrero08 bravo! I 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?
‘Izella Annette Anderson’ 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.
In as much as I agree with Jamie on the economy, recession and the impact global war has had on our economy in the US, it is however, important to point out that Recessions are part of the economic cycle, all you can do is make sure you're prepared and plan accordingly. I graduated into a recession (2009). My 1st job after college was aerial acrobat on cruise ships. Today I'm a VP at a global company, own 3 rental properties, invest in stocks and biz, built my own business, and have my net worth increase by $500k in the last 4 years.
Let's face it... buying more stocks & index funds during stock market corrections and bear markets is scary. Which makes it really hard to do for most people like me. I have 260k i want to transfer into an s&p but its hard to bite the bullet and do it.
You need a Financial Advisor my friend so you don't get ripped off in the market. They provide personalized advice to individuals based on their risk appetite, placing them among the best of the best. There are bad ones, but some with good track records can be very good.
“MICHELE KATHERINE SINGH’’ 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.
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.
Moreso like JP Morgan being so large, it IS an influence on macro economics and minute changes in geopolitics influences J.P. morgan in massive swings too, which is what Dimon seeks to avoid, hence lots of “we need stability” talks
Given that JPM is a massive financial institution with global operations, it’s expected for Jamie or any CEO to understand macroeconomic, geopolitics, and social issues in the world.
Wall Street pitched so-called quality stocks with high profitability and low debt, as a kind of insurance against whatever the economy might throw at you. Quality stocks have underperformed the S&P500 this year, My $400k portfolio is down by approximately 20 %, any recommendations to scale up my ROI before retirement will be highly appreciated.
The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.
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.
‘’Jenienne Miniter Fagan’’ 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
If you’re not in the financial market space right now, you are making a huge mistake, I understand that it could be due to ignorance, but if you want to make your money work for you prevent inflation
I went from no money to lnvest with to busting my A** off on Uber eats for four months to raise about $200k to start trading with Tracy Britt Cool. I am at $928k right now and LOVING that you have to bring this up here
I have also been working with Tracy. Glad I came across good recommendations about her last year. Tracy has helped me manage my Investments for the past 10 months now and to be honest, it feels good to be working with a good oriented person like her.
After I raised up to 95k trading with her I bought a new House and a car here in the states also paid for my son's surgery (Oscar). Glory to God.shalom.
Retirement is now more difficult than it was in the past. I've been saving for a long time instead of investing, and right now I only have about $516k. I'm not sure how to make it grow, considering all the inflation, into something substantial that I might use for retirement. I just here for ideas.
At a point like this, when the pressure is already on you to retire, its best recommended you seek the services of an advisor, as this allows you make smarter investing decisions.
It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $30k passively by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.
in times like these, it's crucial to be cautious and not rush into the market , Who is this your FA , my portfolio needs urgent attention , been a lot of loss.
Sharon Ann Meny 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.
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.
Jamie Dimon is very knowledgeable about most everything except for how well the average middle American is doing as he paints a rosy picture that couldn’t be further from the truth but then again how would anyone expect a billionaire banker to relate to a segment of America that he doesn’t live in.
Gotta work hard at developing a skill that compensates. this guy probably worked 90 hours a week under some of the highest stress situation for 25 years
@@Currentlyundiscovered1000No he hasn’t😂 he’s a business man he’s never worked a real job a day in his life. Taking calls all day and going to meeting isn’t real work
@@JmanHash99I am still in university, but my father is a white collar executive of a small company. I really don’t think it’s fair to ignore the challenges of those positions. For most of my life my father would be working about 80 hours a week and sitting at an office didn’t stop him from generating back problems either. White collar is not back breaking labor, but it’s real work that not everyone is suited for and that gives many many white hairs.
Interesting. When it comes to Israel Gaza war - he said he is not a military expert and can not comment expect for people in Israel has the right to defend themselves. When it comes to Ukraine Russian war, he became a military experts and shared strong opinions. Hmmm.
Market declines, soaring inflation, a significant increase in interest rates by the Fed, and rising Treasury yields all point to additional losses for portfolios this quarter. How can I profit from the present market turbulence? I'm still debating whether to sell my $125,000 ETF/Growth Stock portfolio.
Concentrate on two main objectives. First, keep yourself safe by knowing when to sell stocks in order to limit losses and maximize gains. Second, get ready to benefit from market changes. I advise consulting a CFP or other professional for advice.
Yes, I have been in touch with a CFP ever since the outbreak. Today, investing in hot stocks is quite easy; the difficult part is deciding when to buy and sell. With an initial starting reserve of $80k, my adviser chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.
my 401k growth has been stagnant since the 2019. I wouldn't mind consulting the advisor who guides you, I really want to grow my retirement fund since I could retire in 3 years.
The current market/economy is unnecessarily tougher for boomers/senior citizens, I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.
I think Buffett's approach to compounding stocks in the long run, ie letting your winners run, might help you, with your retirement worries but yeah I know what you mean, don't worry all things will work out in the end. The universe has your back 🙏🏽
It's like some stocks are flying under the radar despite their potential. It makes you wonder when the market will catch on to their true value. how can I invest $100K smartly to secure my future?
People often underestimate financial advisors' importance. Over 50 years of data reveal that those who work with advisors typically earn more than those who go it alone. I've been fortunate to work with one for 13 years, resulting in a $7 million portfolio, largely from early investments in AI and other growth stocks.
Svetlana Sarkisian Chowdhury 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..
This guy is the perfect frontman for the global elite. Fiercely intelligent and extremely focused on world affairs. Some people are just built different.
It does not have to be this way. I'm not saying that doing poorly is a choice. But to not find a way out of a hole is. People need mentors. People do not want help from people who can help when they can simply complain and get help.
@@sophiaelayne9984 So, you're saying that no first time buyers will buy a home ever again.... Correct? My problem is that I do NOT look at and entire generation at once nor do I look at an entire country at once. Buying a home is a very specific endeavor. It's NOT about what is happening across the country or across an age group. It needs to be one person or a man and woman together looking for a place to live, a place to call home. Not Rent. To own. I have been saying this over and over and all I get is reasons why... "It'll never work". I change people to give me a city, give me details and I'll show someone how to get a house. You need to be obsessed with getting one and then, once you get one... Wow! getting house two is actually fun! But no. No person will ask HOW... Show me your facts!
What? Housing, rent, and borrowing are through the ceiling and are unaffordable for a large segment of the population. If fact housing has passed the Rubicon of affordability. Wallstreet is purchasing a large segment of the available housing, even lot rentals for mobile homes, and driving steep increases in housing costs. Our 401k's are financing the demise of the mid-class as hedge funds use this money to effect the above takeover of housing. Wages nowhere near keeping up with these increases and entire generations of Americans will not be able to own a home, the stable of the American dream. Transportation and food are also increasing faster the wages. The mid-class is on borrowed time.
I thought about this, your words here, below: I do not live in a world of statistics. I live in my world. I need to fix MY life, and other need to do the same. Do you want to fix 'the mean'? You wrote: "It now takes about $111,000 in annual household income to afford the mean monthly cost of $2,775 for housing. Up $30,000 per year since 2019. Unfortunately the mean household income in America is little more the $76,000 annually. Which translates into the middle class can't afford to live, own a home, build equity or provide a quality living standard.
It now takes about $111,000 in annual household income to afford the mean monthly cost of $2,775 for housing. Up $30,000 per year since 2019. Unfortunately the mean household income in America is little more the $76,000 annually. Which translates into the middle class can't afford to live, own a home, build equity or provide a quality living standard.
There is no such thing as middle class. There are just rich and poor in America. If you can't afford to go without 6 months to 1 year of no income coming in then you are poor. Don't think that just because you can buy a nice are and a nice house that you are middle class. Rich people are worth millions and even Billions of dollars.
You can find a different, higher paying job. With unemployment under 4% you have the ability to find a job that pays more. Staying where you are is convenient but you will not make as much. Switch companies. The US economy is awesome when compared to other countries’ inflationary pressures.
It has been designed by the Democrats, even though I used to belong to the democratic party, until I verified the partnership between the democrats and the corporations
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.
'vivian jean wilhelm' 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 so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance
Why don’t we have presidential candidates like Jamie Dimon, who truly understands the economy, is brilliant, and possesses the energy and positive vision needed more than ever? He would be a great CEO for the United States.
He struggled with Israel question, but didn't flintch a bit giving his position on Ukraine war and his analysis. The long arm of Tel Aviv has even got Dimon scared
exactly my thoughts. All the Covid money has long since gone into the pockets of the rich, and there are plenty of studies and evidence to back this up. But a banker would never admit that.
Preaches a soft landing now and milk as much as they can from the general public… will blame unforeseen circumstances for a hard landing and then go collect the tax payer bailout from the government as the banks know the government need to prop them up in a crisis to preserve democracy
One minute into the interview I had to mark this man down for him stating “the free democratic world” There is not free democratic world, they are all under US coercion!
He manages the largest bank in the world. If he say, the consumer is in a bad shape, stocks would plumped and people would get their money out of the bank.. He has to be confident, even if it´s not true, and i can´t be even mad about it
Some plausible explanations: you were not his intended target audience. you were the 15% he mentioned that were not doing well. your Democratically elected government decided to trade war to collect your money and put it in the wallet of the CUSTOMS.
@@blacky4947 I agree but we also have to consider the modern consumer. Is it the economy screwing the consumer? Or is the average modern consumer screwing themselves over? For sure a lot of the prices for basic necessary needs are inflated, but is the average consumer smart with how they spend their money?
@@zfr33ze87 A friends ex wife was getting evicted from her apartment where she lived with a child, she also got her $700/month grand cherokee repossessed. That same month she spent over $700 on temu. Another person I know got 9k between the child tax credit and work credit this past tax season. He bought a 12k boat with that check plus 3k he got from friends and family as a loan. 2 weeks later he ask me for $200 to buy groceries, I said no so he got 2 new credit cards, did the groceries with the first one and bought a $600 gas tank for the boat with the second one, he makes 15.50h . So… you tell me
Man, would I vote for him if he ever ran! We need a strong, smart, motivated, neutral president willing to work and make the economy a priority. In our world, everything revolves around Economic factors and outcomes.
This is so relatable and true lol. I remembered how tough it was before I hit the $100k mark 37. I am 56 today with over $2.8 million in my retirement nest fund alone, didnt take me any stress to get there. Maybe its because my CFP is reliable, but point is, it was way easier from there.
I'm headed in the same direction, and it's not that difficult. Perhaps too complicated for beginners, but that's why it's best to consult an experienced market strategist.
Just trying to understand your reasoning. So, RUSSIA invades. Saying we shouldn't allow Russia to win that war, and starting about 9:07 in this video, Dimon makes the case why and very well, that makes you a "warmonger?" I took a philosophy class many years ago. Something the professor said I thought very profound. Before tearing down someone's point of view, first present it as well they did. Otherwise, you are just making straw man argument. Rather than just go on the ad hominum, an intellectually honest discussion would be listening to what Dimon actually says starting at 9:07 and dissect it for us from your perspective.
@@twoking10 If you heard of Cuba crisis, you would understand this "invasion" has been done by US many times, and US has sanctioned Cuba for decades.. The dilemma here is if you have principle, you cannot really accuse Russia without accusing US. This Ukrain war wouldn't have happened without NATO expansion.
These guys have no idea and are so disconnected with the average person. They look at a computer program that the numbers are skewed to make their expert opinions!!!
Delusional crypto bros still believe they can off-ramp from BTC if things go sideways. Newsflash: the incumbent banking institutions have already co-opted BTC enough via spot ETF and CME futures… if BTC ever were to become a realistic alternative to USDC, they can simply outlaw it at the exchange level. How, you ask? By issuing a regulation that requires all exchanges to convert BTC to USDC at a fixed rate, forcing everyone to off-ramp. You might think. Oh well, I’ll just use a DEX to transact my hard wallet BTC, but the problem is the market depth will be so shallow that you’re going to get a terrible price, because mining operations will close. Before you know it, volatility is once again sky high like it’s 2013, and no merchant is going to accept your BTC because they can’t settle the transaction without incurring enormous risk. The BTC independence narrative is a fallacy. TradFi is working hard to establish permissioned, private L1s that they control, and BTC is merely the interim solution. In the end, you will have USDC as the American CBDC, and BTC may stick around as a global L1, it not like you imagine. Custodians will be 51% or more by TradFi, not consumers like you and me. All we get to “own” are CFD derivatives.
Local politicians impatient with Washington’s actions against Beijing are blocking Chinese land purchases, factory plans and research: on.wsj.com/4dkjXM0
Foolish leaders without vision is the biggest threat ❤❤❤
That's how USA will do down, while China allows Tesla to access data for his autonomous driving rollout. Great to know.
Billionaire-owned press outlet (Jeff Bezos, if you didn't know) unironically asks billionaire financial criminal who should have been tossed in a CIA black site for his conduct leading to the crash of 2008 how the economy for everyone else is doing. Yeah. That sounds legit. And you wonder why nobody but the ignorant and aging Baby Boomers bothers with mainstream media anymore. We see you.
Consumer in good shape. Yes on borowed dollars. And economy on imported goods. Jamie is. Snake oil salesman 😂
gotta laugh when he says the consumer is okay and has extra money. tell me you don't do your own shopping without telling me you don't do your own shopping...
Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.
Wall Street pitched so-called quality stocks with high profitability and low debt, as a kind of insurance against whatever the economy might throw at you. Quality stocks have underperformed the S&P500 this year, My $200k portfolio is down by approximately 20 %, any recommendations to scale up my returns on investment
Nobody knows anything You need to create your own process, manage risk and stick to the plan, through thick or thin While also continuously learning from mistakes and improving.
Exactly why i enjoy market decisions being guided by a pro , seeing that their entire skillset is built around going long and short at the same time both employing risk management and market experience , been using a portfolio-coach for over 2years+ and I've netted over $3million in that time frame.
Do you mind sharing info on the adviser who assisted you? I'm 39 now and would love to grow my stock portfolio and plan my retirement
'Carol Vivian Constable, 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.
Right now, we stand at a crossroad of possibilities in the market where the boundaries on what we can achieve is not just dictated by the Fed, or the world around us(war, inflation). There's always going to be recession for some people while others amass wealth, think about it.
I think this is a time where financial advisors may come in handy for everyone, not just newbies
IMO, financial advisors are the most sought-after professionals after doctors. My portfolio is well-matched for every market season and just yielded 85% from early last year to date. I and my advisor are working on a 7 figure ballpark goal, tho this could take another year.
@@mariaguerrero08 bravo! I 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?
‘Izella Annette Anderson’ 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.
Thanks for the info, i found her website and sent a message hopefully she replies soon.
In as much as I agree with Jamie on the economy, recession and the impact global war has had on our economy in the US, it is however, important to point out that Recessions are part of the economic cycle, all you can do is make sure you're prepared and plan accordingly. I graduated into a recession (2009). My 1st job after college was aerial acrobat on cruise ships. Today I'm a VP at a global company, own 3 rental properties, invest in stocks and biz, built my own business, and have my net worth increase by $500k in the last 4 years.
Let's face it... buying more stocks & index funds during stock market corrections and bear markets is scary. Which makes it really hard to do for most people like me. I have 260k i want to transfer into an s&p but its hard to bite the bullet and do it.
You need a Financial Advisor my friend so you don't get ripped off in the market. They provide personalized advice to individuals based on their risk appetite, placing them among the best of the best. There are bad ones, but some with good track records can be very good.
how can I get your advisor please, if you dont mind me asking? I could really use a help as of now
“MICHELE KATHERINE SINGH’’ 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.
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.
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
Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals and scheduled a call
Jamie talks like a seasoned politician, rather than an economist banker.
When u get to C positions ur more a politician than anything else
Moreso like JP Morgan being so large, it IS an influence on macro economics and minute changes in geopolitics influences J.P. morgan in massive swings too, which is what Dimon seeks to avoid, hence lots of “we need stability” talks
Given that JPM is a massive financial institution with global operations, it’s expected for Jamie or any CEO to understand macroeconomic, geopolitics, and social issues in the world.
Would rather have dimon then biden or trump
Political hack
Can’t tell if he was interviewing as Chase CEO or 2024 presidential candidate?
He’s not old enough to run unfortunately.
@@Flipflop437 now days, 70 is required 😅
Alzheimer is an iron requirements, you can't run without forgetting something.
He doesn't need to do that; we he talks the president listens to him. Presidents don't do much anymore except sign things put in front of them.
2028, and he will win...
Good interview, sir. Now, could you please forgive my $34 overdraft fee?
No
All u gotta do is call them up player
😅😅
Just cancel yoy overdraft and wait for penalties you pay on you missed direct debits 😂
If you said that with a pompous English accent, it might just work.
I saw the same guy speaking as CEO of JPMorgan earlier today
JPM Chase
😂
Because he is CEO of JP Morgan
@@rogerburn5132 Here he's led Chase not JP
😂
chameleons can be disgusting.
It's actually an insult to true chameleon, which has a spine.
Wall Street pitched so-called quality stocks with high profitability and low debt, as a kind of insurance against whatever the economy might throw at you. Quality stocks have underperformed the S&P500 this year, My $400k portfolio is down by approximately 20 %, any recommendations to scale up my ROI before retirement will be highly appreciated.
The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.
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.
Please can you leave the info of your investment advisor here? I’m in dire need for one.
‘’Jenienne Miniter Fagan’’ 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
I just googled her name and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get.
If you’re not in the financial market space right now, you are making a huge mistake, I understand that it could be due to ignorance, but if you want to make your money work for you prevent inflation
I went from no money to lnvest with to busting my A** off on Uber eats for four months to raise about $200k to start trading with Tracy Britt Cool. I am at $928k right now and LOVING that you have to bring this up here
Hello how do you make such ?? I'm a born Christian and sometimes I feel so down of myself because of low finance but I still believe in God.
She is my family' personal Broker and also a personal Broker to many families in the United states, she is a licensed broker in the United States.
I have also been working with Tracy. Glad I came across good recommendations about her last year. Tracy has helped me manage my Investments for the past 10 months now and to be honest, it feels good to be working with a good oriented person like her.
After I raised up to 95k trading with her I bought a new House and a car here in the states also paid for my son's surgery (Oscar). Glory to God.shalom.
Retirement is now more difficult than it was in the past. I've been saving for a long time instead of investing, and right now I only have about $516k. I'm not sure how to make it grow, considering all the inflation, into something substantial that I might use for retirement. I just here for ideas.
At a point like this, when the pressure is already on you to retire, its best recommended you seek the services of an advisor, as this allows you make smarter investing decisions.
It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $30k passively by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.
in times like these, it's crucial to be cautious and not rush into the market , Who is this your FA , my portfolio needs urgent attention , been a lot of loss.
Sharon Ann Meny 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.
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.
Jamie Dimon is very knowledgeable about most everything except for how well the average middle American is doing as he paints a rosy picture that couldn’t be further from the truth but then again how would anyone expect a billionaire banker to relate to a segment of America that he doesn’t live in.
I guess if you are having it bad, you are not middle class American
@@shashwattripathi4559I guess you are a JP Morgan investor and clueless about anything related to Class
In other words, he's a fraud.
They know ! They're planning their next move.
Agree. How could a billionaire with his own plane possibly understand anything about a segment of America that he doesn't live in?
1:07 "The consumer is in pretty good shape right now". Huh?
Yep. And we're still spending that Covid money. Amazing how long $1500-$2k can last...years!
He says people are still spending money from covid. 😂 This dude is delusional lol. Covid was in 2020. We're half way through 2024.
Yeah lost me after that sentence 🫠 Covid money was gone before it cleared my account 😂
First ask him who the consumer is ?
really?
"jobs are plentiful" - yes, ones with salaries that barely leave you surviving are
Did you miss the part where he literally talked about the lowest 25%. Learn to listen
Gotta work hard at developing a skill that compensates. this guy probably worked 90 hours a week under some of the highest stress situation for 25 years
@@Currentlyundiscovered1000No he hasn’t😂 he’s a business man he’s never worked a real job a day in his life. Taking calls all day and going to meeting isn’t real work
@@JmanHash99I am still in university, but my father is a white collar executive of a small company. I really don’t think it’s fair to ignore the challenges of those positions. For most of my life my father would be working about 80 hours a week and sitting at an office didn’t stop him from generating back problems either. White collar is not back breaking labor, but it’s real work that not everyone is suited for and that gives many many white hairs.
@@JmanHash99 that's borderline antischmitty, dude!!! 🤣
Interesting. When it comes to Israel Gaza war - he said he is not a military expert and can not comment expect for people in Israel has the right to defend themselves. When it comes to Ukraine Russian war, he became a military experts and shared strong opinions. Hmmm.
Somehow this sounds very familiar to me. Wait a minute, I was zapping through the mainstream media this morning.
Brought to you by AIPAC
The standard US double standards on this one.
Huh? How are these two comparable?
No, he didn't talk about the military. He talked about geopolitics, Putin and NATO. How do you think HAMAS or Israel are a threat to any of those?
Market declines, soaring inflation, a significant increase in interest rates by the Fed, and rising Treasury yields all point to additional losses for portfolios this quarter. How can I profit from the present market turbulence? I'm still debating whether to sell my $125,000 ETF/Growth Stock portfolio.
Concentrate on two main objectives. First, keep yourself safe by knowing when to sell stocks in order to limit losses and maximize gains. Second, get ready to benefit from market changes. I advise consulting a CFP or other professional for advice.
Yes, I have been in touch with a CFP ever since the outbreak. Today, investing in hot stocks is quite easy; the difficult part is deciding when to buy and sell. With an initial starting reserve of $80k, my adviser chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.
my 401k growth has been stagnant since the 2019. I wouldn't mind consulting the advisor who guides you, I really want to grow my retirement fund since I could retire in 3 years.
That's a wise decision,. Kristin Amy Rose is a household name to many average and rich investors. I recommend her
Thanks, 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.
My man lowkey sounds like a competent version of Joe Biden
and he will sell you out in 2 seconds. If this propaganda fools you, you need to get your head out of the sand
@@retrodripsupport7510what propaganda?
@@DMSparky He has no idea what he's talking about. Just someone who hates all bankers no matter who they are. Jamie Dimon is really smart.
@@Zordiak I thought everything he was talking about was pretty logical.
@@retrodripsupport7510 crook trump not propaganda?
The current market/economy is unnecessarily tougher for boomers/senior citizens, I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.
Harder for boomers/senior citizens? Are you joking?
This is America, we have faced far worse on global scales. Believe in yourself and focus on improving youself, your business and our Country!
@@taylormx721 They are bots pushing + peddling "angela" above.
I think Buffett's approach to compounding stocks in the long run, ie letting your winners run, might help you, with your retirement worries but yeah I know what you mean, don't worry all things will work out in the end. The universe has your back 🙏🏽
“Tougher for Boomers”, that’s a new one
It's like some stocks are flying under the radar despite their potential. It makes you wonder when the market will catch on to their true value. how can I invest $100K smartly to secure my future?
I believe $QCOM, $AMD, and $MRK are undervalued. Bought a significant amount with my advisor's guidance.
People often underestimate financial advisors' importance. Over 50 years of data reveal that those who work with advisors typically earn more than those who go it alone. I've been fortunate to work with one for 13 years, resulting in a $7 million portfolio, largely from early investments in AI and other growth stocks.
Glad to have stumbled on this conversation. Please can you leave the info of your investment advisor here? I’m in dire need for one.
Svetlana Sarkisian Chowdhury 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..
This recommendation literally came at the right time, I’m down by $11k in stocks this week alone. Thanks for sharing!
He sold his shares for the 1st time ever! Let that sink in…
1st level thinker, genius
Yes 150 milion of them.
@@rogerburn5132 And he Purchased Gold.
He know BRICS and the Global South are ditching the USD due to Sanctions.
They are getting ready for 2008 crisis 2.0
@@ikeanderson6466really?
I think he's used all the buzz words available without saying anything
I think you need to learn some of those buzz words. He said a lot and you didn't discern anything. Foolish.
This guy is the perfect frontman for the global elite. Fiercely intelligent and extremely focused on world affairs. Some people are just built different.
And some are just hand-picked by you- know-who.
This is THE END of first time home ownership and the slow death of the middle class in a generation.
It does not have to be this way. I'm not saying that doing poorly is a choice. But to not find a way out of a hole is.
People need mentors. People do not want help from people who can help when they can simply complain and get help.
Thank you! This is all planned.
@@wmc9722People need God.
@@wmc9722it's not a complaint, just an observation based in fact.
@@sophiaelayne9984 So, you're saying that no first time buyers will buy a home ever again.... Correct? My problem is that I do NOT look at and entire generation at once nor do I look at an entire country at once. Buying a home is a very specific endeavor. It's NOT about what is happening across the country or across an age group. It needs to be one person or a man and woman together looking for a place to live, a place to call home. Not Rent. To own. I have been saying this over and over and all I get is reasons why... "It'll never work". I change people to give me a city, give me details and I'll show someone how to get a house. You need to be obsessed with getting one and then, once you get one... Wow! getting house two is actually fun!
But no. No person will ask HOW... Show me your facts!
What? Housing, rent, and borrowing are through the ceiling and are unaffordable for a large segment of the population. If fact housing has passed the Rubicon of affordability. Wallstreet is purchasing a large segment of the available housing, even lot rentals for mobile homes, and driving steep increases in housing costs. Our 401k's are financing the demise of the mid-class as hedge funds use this money to effect the above takeover of housing. Wages nowhere near keeping up with these increases and entire generations of Americans will not be able to own a home, the stable of the American dream. Transportation and food are also increasing faster the wages. The mid-class is on borrowed time.
@Steve8421: Sad reality. What can we do to assist others? (typo? 'stable'? Or do you mean staple?)
I thought about this, your words here, below: I do not live in a world of statistics. I live in my world. I need to fix MY life, and other need to do the same. Do you want to fix 'the mean'?
You wrote:
"It now takes about $111,000 in annual household income to afford the mean monthly cost of $2,775 for housing. Up $30,000 per year since 2019. Unfortunately the mean household income in America is little more the $76,000 annually. Which translates into the middle class can't afford to live, own a home, build equity or provide a quality living standard.
What's "special" about Jamie is that he always has the best answer.
The billion dollar answers.
Whatever this man says, do the opposite. A bank that charges your 27% interest, isn't your friend
Dimon is a genius.
27% interest on what? Are you talking about credit cards?
You nailed it. He is an enemy of the State.
I found a way how to get charged 0%. Don’t borrow.
And how's that working out for you?
Who still has excess money from Covid??!
Nobody
multi-millionaires that fraudulently accepted PPP.
@@pray4ray666
And ERCs
Assets are more valuable. If you own a home or have stocks then you are a lot richer on paper.
I do, invested all my unemployment and stimulus checks and have nearly doubled
Nothing is more inspiring for young people than a pep talk from a banker worth $2.1 billion! This video should be played in every high school.
Debt is not 60% of GDP, more like 120%.
What is USA GDP amount?
over 120%
GDP 28T
Debt 34T
GDP grew via inflation so ration shrunk back to 120%, was higher 130% last year.
I think GDP and debt are bith rigged. GDP is much lower and debt much higher..
60% sounds better. Which tells you everything you need to know about him.
Jamie Dimon knows what is. Good for JP Morgan forget about the rest 😂
Ask the man-in-the-street. They will likeky tell you the exact opposite of what they are experiencing in Dimon's "free and democratic world."
Jamie Dimon makes conversation easy to understand. I enjoy listening to him.
Time to wake up girl.
It now takes about $111,000 in annual household income to afford the mean monthly cost of $2,775 for housing. Up $30,000 per year since 2019. Unfortunately the mean household income in America is little more the $76,000 annually. Which translates into the middle class can't afford to live, own a home, build equity or provide a quality living standard.
There is no such thing as middle class. There are just rich and poor in America.
If you can't afford to go without 6 months to 1 year of no income coming in then you are poor.
Don't think that just because you can buy a nice are and a nice house that you are middle class.
Rich people are worth millions and even Billions of dollars.
You can find a different, higher paying job. With unemployment under 4% you have the ability to find a job that pays more. Staying where you are is convenient but you will not make as much. Switch companies. The US economy is awesome when compared to other countries’ inflationary pressures.
@@BicoastalJethi JP Morgan bot 😁
It has been designed by the Democrats, even though I used to belong to the democratic party, until I verified the partnership between the democrats and the corporations
@@BicoastalJet Didn't tech companies including tesla just lay off workers.
Emma Tucker, very well constructed interview - credit to you both for sharing!
Top 1% always have a smile on their face
Dan: How much does one need to earn or have to be in the top 1%?
lol!!!
The most articulated men in the world Jamie Dimon 👏👏👏
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.
impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now
'vivian jean wilhelm' 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 so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance
Why don’t we have presidential candidates like Jamie Dimon, who truly understands the economy, is brilliant, and possesses the energy and positive vision needed more than ever? He would be a great CEO for the United States.
“We should do everything we can to keep the world stable enough to reap more profits” - Jamie Diamond
Jamie is legendary. Way more rational than most americans
He struggled with Israel question, but didn't flintch a bit giving his position on Ukraine war and his analysis. The long arm of Tel Aviv has even got Dimon scared
That’s because United States 🇺🇸 treats Ukraine people as equals, Palestine people as …..not.
He works for juice. What are you talking about?
He didn’t struggle. Both Israel and Ukraine have the right to defend themselves.
@@codyfernfan6274 I am not sure if Israel has the right to kill more than 35,000 innocent people.
Others here noticed this and may lack your courage to state so.
I didn’t expect to understand or like this guy as much as I did. Wow I’m going to look into him more.
Economic investigator Frank G Melbourne Australia is following this informative content cheers Frank 😊
Great interview, very wise man. We need more politicians to think this way.
"They still have excess money from Covid". I must have been ripped, my covid checks were spent on mortgage/bills and food as soon as I got it.
he's talking about high-end bankers
I pay hundreds of thousands each year in taxes and I never got any covid money.
Absolute waterfall of information!
Politician tier answers but at least competent politician tier answers.
Say what you will, but I enjoy Mr. Dimon's talks.
If you analyse it, all his answers only lead to 1 thing, better economy = good for the bank
oh wow really
High quality content. Brilliant.
lol!!
THE CONSUMER IS NOT IN GOOD SHAPE AND NO ONE HAS THAT COVID MONEY IN SAVINGS
exactly my thoughts. All the Covid money has long since gone into the pockets of the rich, and there are plenty of studies and evidence to back this up. But a banker would never admit that.
Because they spent it instead of investing it... whose fault is that?
Why do interviewers let him get away with that bulshittica?
@@ebythebeachSeriously re-read what you said…you’re out of your mind. Invest?! LOL!!!
@@ebythebeach Dude it was 2 grand. And honest ppp people needed it to keep their business afloat.
I absolutely like Jamie dimon he's one of the great finance chads of 21st century
Things are great? A family of 4 is paying over $11,000 more than last year on the same products. Out of touch ELITE!
Great interview. Class guy. Amazing interviewer.
I feel I am better equipped having seen this.
Some of what was said is veiled from what he thinks.
fake rich guy lol
@@2000dpdpdp Please explain. Thanks.
Preaches a soft landing now and milk as much as they can from the general public… will blame unforeseen circumstances for a hard landing and then go collect the tax payer bailout from the government as the banks know the government need to prop them up in a crisis to preserve democracy
As a non-American, I would vote for him rather than the current choices.
well that's idiotic.
@sageopheim8382 25 so far
Jaime is straight OG. If he talks…I’m listening.
lol
this gentleman looks like he's Bill Clinton's brother
Sure Does❕
Jamie D. is a good leader… A team player… Another spokesman of Freedom and Democratic Values.
One minute into the interview I had to mark this man down for him stating “the free democratic world”
There is not free democratic world, they are all under US coercion!
I’m following his account, watch this LayUp 🎉
"The consumer is in good shape"
Hahahahahahhahaaha
He manages the largest bank in the world. If he say, the consumer is in a bad shape, stocks would plumped and people would get their money out of the bank.. He has to be confident, even if it´s not true, and i can´t be even mad about it
Some plausible explanations:
you were not his intended target audience.
you were the 15% he mentioned that were not doing well.
your Democratically elected government decided to trade war to collect your money and put it in the wallet of the CUSTOMS.
@@blacky4947 I agree but we also have to consider the modern consumer. Is it the economy screwing the consumer? Or is the average modern consumer screwing themselves over? For sure a lot of the prices for basic necessary needs are inflated, but is the average consumer smart with how they spend their money?
If you don't have data that proves otherwise you should just it. He's the CEO of the largest bank in America, I'm sure you know more than him on this.
@@zfr33ze87 A friends ex wife was getting evicted from her apartment where she lived with a child, she also got her $700/month grand cherokee repossessed. That same month she spent over $700 on temu. Another person I know got 9k between the child tax credit and work credit this past tax season. He bought a 12k boat with that check plus 3k he got from friends and family as a loan. 2 weeks later he ask me for $200 to buy groceries, I said no so he got 2 new credit cards, did the groceries with the first one and bought a $600 gas tank for the boat with the second one, he makes 15.50h . So… you tell me
Clever chap.highly seasoned experienced fellow. When he talks people listen.
Jamie is very reserved in his comments. But we know he wants the nation to be better led.
Great discussion, a true statesman.
Consumer is in HORRIBLE SHAPE
Only if you’re poor. That’s what he was saying
Yep. Maybe you’re in the bottom 50%. He mentioned that those guys are having a very tough time. Best of luck.
Then why has consumption not gone down?
Thanks for broadcasting to the world that YOU are in horrible shape.
not everyone’s poor.
A great ambassador for USA. So much wiser than the politicians,
All I heard was "let them eat cake".😂
Man, would I vote for him if he ever ran! We need a strong, smart, motivated, neutral president willing to work and make the economy a priority. In our world, everything revolves around Economic factors and outcomes.
Unemployment is low cause we are all working 2 jobs.
Literally not how it works.
@@alan_davis literally unable to recognize jokes.
@@alan_davisdummy
Anybody else struggling immensely despite what this guy says?
The Consumer is not in good shape right now.
When Jamie Dimon speaks, I listen. Many thanks for having him here.
I think he knows most of the 6 trillion dollars didn't go to average consumers.
This is so relatable and true lol. I remembered how tough it was before I hit the $100k mark 37. I am 56 today with over $2.8 million in my retirement nest fund alone, didnt take me any stress to get there. Maybe its because my CFP is reliable, but point is, it was way easier from there.
I'm headed in the same direction, and it's not that difficult. Perhaps too complicated for beginners, but that's why it's best to consult an experienced market strategist.
Could you be kind enough with details of your advsor please?
Great interview. I already watched the shorter video.
Definitely been briefed on this questions before this interview
The military industrial complex must love this guy! Warmonger?
Just trying to understand your reasoning. So, RUSSIA invades. Saying we shouldn't allow Russia to win that war, and starting about 9:07 in this video, Dimon makes the case why and very well, that makes you a "warmonger?"
I took a philosophy class many years ago. Something the professor said I thought very profound. Before tearing down someone's point of view, first present it as well they did. Otherwise, you are just making straw man argument. Rather than just go on the ad hominum, an intellectually honest discussion would be listening to what Dimon actually says starting at 9:07 and dissect it for us from your perspective.
@@twoking10 If you heard of Cuba crisis, you would understand this "invasion" has been done by US many times, and US has sanctioned Cuba for decades.. The dilemma here is if you have principle, you cannot really accuse Russia without accusing US. This Ukrain war wouldn't have happened without NATO expansion.
Thank you
Sure, ask a banker about how they think about economy.
Exceptional perspectives.
These guys have no idea and are so disconnected with the average person. They look at a computer program that the numbers are skewed to make their expert opinions!!!
23:15 "and also we put AI and data together because they're directly related" - Top G of finance
Consumers are in pretty good shape he says?? Where?
2640$ a month after taxes is okay. It depends on the level of luxury you require to decide if it's enough to cover expenses. 3:00
Watch all the politicians start advocating for the TPP all of the sudden.
Amazing interview for a REALLY smart man!
Why everyone else didn't get raises for 25 years? He sure did look at his pay. He's no more than a smuk.
Exactly.
My wife worked at WAMU when he took over and closed it down. It was mortgage handling company and her refi job had plenty of mortgages to handle.
A good American citizen.
Amazing interview!
The disconnect is that the rich is getting richer and the poor poorer
Watched a couple of your vids...... I like em, SUSCRIBED
Praised by Warren Buffet. One of the greatest bankers in the world.
this deserves so much more attention! great video, very unbiased and logical arguments.
whyd you call it chase bank? what you insinuating here
Got to chase something or someone for a quick buck.
Thank you.
Buy Bitcoin. Stop giving this guy the power over everything. Look where that’s got us.
Delusional crypto bros still believe they can off-ramp from BTC if things go sideways. Newsflash: the incumbent banking institutions have already co-opted BTC enough via spot ETF and CME futures… if BTC ever were to become a realistic alternative to USDC, they can simply outlaw it at the exchange level. How, you ask? By issuing a regulation that requires all exchanges to convert BTC to USDC at a fixed rate, forcing everyone to off-ramp.
You might think. Oh well, I’ll just use a DEX to transact my hard wallet BTC, but the problem is the market depth will be so shallow that you’re going to get a terrible price, because mining operations will close. Before you know it, volatility is once again sky high like it’s 2013, and no merchant is going to accept your BTC because they can’t settle the transaction without incurring enormous risk.
The BTC independence narrative is a fallacy. TradFi is working hard to establish permissioned, private L1s that they control, and BTC is merely the interim solution. In the end, you will have USDC as the American CBDC, and BTC may stick around as a global L1, it not like you imagine. Custodians will be 51% or more by TradFi, not consumers like you and me. All we get to “own” are CFD derivatives.
What will you do when they turn off the power?
No, thank you. We like Gold. Gold doesn't take insane power to "work".
@@Herr.Mitternacht yes because transferring 10billion dollars of gold wouldnt cost millions of dollars of power and resources and take days
@@Daara92 power would need to be shut off everywhere in the world all at once, including generators, solar panels, windmills, good luck
Great interview
I think he's exaggerated when he said the consumer is in pretty good shape 😂 This kind of people are misleading innocent Americans.