Get out of cash, says Josh Brown

Рет қаралды 55,687

Ай бұрын

Josh Brown, CEO at Ritholtz Wealth Management, joins CNBC's 'Halftime Report' to explain why you shouldn't be holding cash in this market.

Пікірлер: 224

@Benedictrud Ай бұрын

Very true assessment, reason why presently I have a 3 fund portfolio consisting of 33% S&P, 33% Total stock, and 33% international. I feel a need to focus on complete growth so I went 100% stocks, but does the SP500 and TSM overlap too much to make sense holding both? However I’ve been in the red for a month now. I work hard for my money, so investing is making me a nervous sad wreck. I don’t know if I should sell everything, sit and just wait but watching my portfolio dwindle away is such an eye -sore.

@Adambarking Ай бұрын

There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.

@Vivienedouglass Ай бұрын

I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.

@AmithKaury Ай бұрын

I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach?

@Vivienedouglass Ай бұрын

MICHELE KATHERINE SINGH 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

@AmithKaury Ай бұрын

Thank you! I entered her full name into my browser, and her website came out on top. I filled her form and i hope she gets back to me soon.

@LaurenFeller-dd7uf Ай бұрын

It's a common misconception that when a stock you buy skyrockets, the smart thing to do is sell it (or at least sell some of it) to lock in your profits. But the context matters. If the stock has increased sharply because the business is performing exceptionally well, it could still be a bargain. I'm still looking for companies to make additions to my $350K portfolio, to boost performance. Here for ideas...

@AdamLaus-xu8yb Ай бұрын

Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.

@NatalieFormor Ай бұрын

A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K

@ThomasBrackett-tp2xe Ай бұрын

This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

@NatalieFormor Ай бұрын

Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.

@TariqSinghKhan Ай бұрын

She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

@gabrieljackson6071 Ай бұрын

I want to start investing but need guidance. Any advice or recommendations for assistance please?

@NathanSamuel-ch5fl Ай бұрын

You really need someone like Della Martin, a reliable trader, to make it happen.

@armstrongdaniel5500 Ай бұрын

Wow you know her too? Her success story have gone wide she is really honest.

@CarlRick-fw9uk Ай бұрын

If someone is good at what they do, others will always vouch for them.

@gabrieljackson6071 Ай бұрын

Hey, could someone drop the contact info for this investment analyst here? Thanks!

@NathanSamuel-ch5fl Ай бұрын

Sure

@AndersonFair-cy2bb Ай бұрын

I've kept much of my savings in cash for safety, but I'm unsure if it's right for retirement. Contemplating investing $400K in stocks, as I've heard investors can profit in tough times. Unsure about my next move.

@FaithAndrada-xo9ou Ай бұрын

It's impressive how much you saved during your working years, a feat not many achieve in a lifetime. Now that you're retired and rely on your investments, it's wise to redistribute your capital to mitigate risks during market fluctuations. Consulting a financial advisor can help simplify this process.

@BrewerVera Ай бұрын

Yeah, I’m also closing in on retirement, and I have benefitted much from using a financial advisor. I didn’t really start early, so I knew the compound interest of index fund investing would not work for me. Funny how I pulled in more profit than some of my peers who have been investing for many years.

@Raymondcraw1967RaymondCrawley Ай бұрын

Please can you leave the info of your lnvestment advsor here? I’m in dire need for one

@BrewerVera Ай бұрын

Rachel Sarah Parrish is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

@Raymondcraw1967RaymondCrawley Ай бұрын

I looked up her full name online and found her page. I emailed and made an appointment to talk with her; hopefully, she gets back to me.

@cloudyblaze7916 Ай бұрын

I worry the inflation will eat up my savings if I leave it in the bank. I have about 180k that I want to invest in the stock market, but I don't know how to start. Any suggestions?

@albacus2400BC Ай бұрын

Inflation is really a silent eater of the value of your money. Good thing the stock market can help you beat it. But it's wise to actually learn how to invest, or to make it easier and more effective, you could work with a financial advisor.

@ericmendels Ай бұрын

I agree. There's a lot of potential in the market. My friend introduced me to a financial advisor in 2021, and even though I was skeptical, I went on. I finally was making enough monthly dividend to quit my soulless job and pursue my dream to start a restaurant in New Jersey.

@gregorywhem Ай бұрын

That's really great. I've tried doing some research myself to hire a financial advisor, but it's really overwhelming. Could you recommend who you work with, please?

@ericmendels Ай бұрын

Sharon Lynne Hart is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.

@FeelMyTruth Ай бұрын

Thank you for the recommendation. I'll try to set an appointment with her, and I hope I'm able to make something out of it.

@JordanReam8186 Ай бұрын

I am a nurse and have been investing for a few years. I've reached a point where I could benefit from financial advice to invest my $200,000 cash savings for retirement. What is the best strategy to invest in stocks with low risk and high yield?

@FelineAirstrip Ай бұрын

When investing, be careful of assets you’re buying into to lower risks. It's best you Research and consult a financial advisor for proper guuidance so you don't get burnt by your emotions.

@WestonScally7614 Ай бұрын

Working with a financial advisor has been a game-changer for me. They provided invaluable insights and tailored strategies that aligned perfectly with my risk tolerance and financial goals. With their support, I've seen significant growth in my investments and gained confidence in my financial future. Highly recommended!

@Redwood4040 Ай бұрын

@WestonScally7614 Ай бұрын

Working with a financial advisor has been a game-changer for me. They provided invaluable insights and tailored strategies that aligned perfectly with my risk tolerance and financial objectives. With their support, I've seen significant growth in my investments and gained confidence in my financial future.

@sting_grayl Ай бұрын

I used to feel overwhelmed by the vast array of investment options available, but my financial advisor changed everything. They simplified the process, offering clear recommendations and ongoing support. Thanks to their guidance, I've been able to build a diversified portfolio that's well-positioned to weather market fluctuations and achieve my financial aspirations.

@samthedoor Ай бұрын

Josh is telling you that we've hit the top of the market

@Brendonbosy Ай бұрын

Aaaaand it’s gone it’s all gone. Please step aside sir this line is for customers. NEXT!

@romulopontual6254 Ай бұрын

"Get out of cash, I need liquidity to sell my positions" ;-)

@MH-0101 Ай бұрын

This “advice” is for institutions. Not you.

@brunomanco7529 Ай бұрын

Its for everyone. Its just a matter of if you want to lock 5% yields for 6 months or for 5 years. Its the same if you "hold to maturity". But the next volleys of tbills will start to be lower (i believe they will go bellow 5% only next year)

@HuyNguyen-yh6vc Ай бұрын

Josh seemingly recommended moving out of cash into longer term fixed income, which makes sense.

@MH-0101 Ай бұрын

@@HuyNguyen-yh6vc There are few worse investments than long term bonds.

@palmettoblizzard2694 Ай бұрын

@@MH-0101 you really think cnbc was made for institutional investors you gotta be braindead

@user-yq7rr9lh9c Ай бұрын

Guys, top is almost in, when Finance mafia is telling you get out of cash and go into markets, you're almost near the top or at the top!

@DG-hw8it Ай бұрын

👍 just keep 3 years of expenses in cash. 🍀

@DsonicJ5672 Ай бұрын

lol, doomer here

@theunbearablebull Ай бұрын

To be fair he's been saying this for about a year, so your tin foil hat is wrong

@user-yq7rr9lh9c Ай бұрын

@@DsonicJ5672 Am not a doomer, I just know CNBC finance mafia and how they roll, been watching them for decades, enjoy the run, maybe you get 1-3 more months of upside, but it will be pale in comparison to the downside that will come afterwards.

@DG-2323 Ай бұрын

lol “almost” and yet we’ll be well into 6000 for S&P by mid next year. Pick your stocks or do nothing with your money. Everyone gets that choice.

@Roshan-pp4dc Ай бұрын

Get out of cash when S&P, NASDAQ and most of the tech are in all time high? Are you guys nuts, Warren Buffet is holding lot of cash. MM is still paying closer to 5%, keep some cash over there. Valuation are kind of stretch on MEGA caps

@selma5885 24 күн бұрын

I think he was saying buy longer duration bonds, not stocks?

@NoName-hs3sf Ай бұрын

When Josh says get out of cash he means money markets and short term t-bills and lock in long term bonds 2,5,10 year bonds before they go down.

@HumbertoTovarR Ай бұрын

Do not listen to this guy they want your money.

@travisstewart8655 Ай бұрын

You’re wrong, this guy is a good dude.

@andrerodriguez7603 Ай бұрын

This guy got out of Nvidia last January on the way up. He got cold feet and was out. He said he’d get back in on a dip. Never happened. One of his co hosts needled him on that dumb move for a long time. 😂

@bplmedia Ай бұрын

Thank you for reaffirming the fact I sold everything over the past few weeks and have 100% cash. These people are nuts

@MH-0101 Ай бұрын

He’s not talking to you. He’s talking to institutions. But the finance world can never figure out which info applies to institutions and which to retail.

@DG-2323 Ай бұрын

Gonna miss the summer run but I don’t blame you, sometimes the heat gets too much for people.

@weho_brian Ай бұрын

so you lost like 5% over the past few weeks then lol

@oscar437 Ай бұрын

Exactly. Ray Dalio said that cash is trash right before the COVID crash n 2020. 😂

@VanillaCherryBread Ай бұрын

Tech stocks seems to be having another fantastic year and making profits, especially those companies with close ties to Artificial Intelligence, so my 3month portfolio bumped over the next 100K mark briefly.

@JoeCoIIar Ай бұрын

Three months!?!! To ~$200k! That’s fast!

@henrymitchell9717 Ай бұрын

My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in the US.

@VanillaCherryBread Ай бұрын

I think a great way to handle all of the bumps (and I agree with you, there will be plenty of bumps) is to dollar cost average into a well built portfolio of stocks, and low-cost ETFs that keep the money in your pocket. Having a good advisor is quite handy!

@knockoutlightz Ай бұрын

Great advice, the thing is thought most advisors only take VIP clients which makes it even harder for prospective investors. Would you be comfortable giving a referral if you don’t mind me asking?

@StonksLifestyle Ай бұрын

Couldn’t agree more! Been trading several stocks for at least and the most I ever made was $3k. With Nvidia, I started to buy a month and a half ago and made $19k. in less than 2 months

@user-yq7rr9lh9c Ай бұрын

Never forget that Josh Brown was saying to fade META at the bottom and told people to go into Snap earnings, which ended up crashing and many other bad advice, he also called top early this year and now he's changing his tune!

@q9r8s7t6u5v4w3x2y1z0 Ай бұрын

Sometimes, you have to change your mind

@user-yq7rr9lh9c Ай бұрын

@@q9r8s7t6u5v4w3x2y1z0 Problem is he changes his mind from bull to bear at bottoms and the opposite.

@KG-oi3od Ай бұрын

I hate to this day, I didn't buy META in the 100s.

@user-vm3ih8re8z Ай бұрын

I feel like doing exactly the opposite what the big banks are telling me.

@helmphotos Ай бұрын

seems like no one in the comments was listening to what he said. He was saying buy the 10-20 year treasury because rates are going down/bonds going up in value. He's probably right but the bond market has been pretty tricky lately, would have been better to buy when it was near 5% but bonds are still at a 16 year low.

@MH-0101 Ай бұрын

He. Is. Not. Talking. To. You. He’s speaking to multibillion dollar institutions.

@weho_brian Ай бұрын

@@MH-0101 why would multibillion dollar institutions listen to Josh? They manage more money than him. He is speaking to potential and existing clients of Ritholz wealth management, the peoples whose net worth is between 1 and 20 million dollars

@jdevoz Ай бұрын

Nonsense. Most investors stay in the market, ride its ups and downs, if they have cash its for a reason, (shorter term needs). Most of us don’t need to do anything, ever.

@bobbyt7448 Ай бұрын

Exactly, he seems like a good guy but don't do anything based on any of these people's opinions.

@TheWizard856 Ай бұрын

Cash can be used offensively too.

@papa01rus Ай бұрын

Buffet is sitting on cash.

@tombrown8443 Ай бұрын

Buffet is irrelevant. He has underperforming vs QQQ for over 2 decades. Cant believe people still make a big deal about buffett. Value investing has been dead since 2000.

@papa01rus Ай бұрын

@@tombrown8443 He has been through a few business cycles. Experience is relevant.

@KK-pm7ud Ай бұрын

@@tombrown8443Are you Michael Batnick?

@pathflight9803 Ай бұрын

How about get out of cash a year ago? Worked for me

@user-yq7rr9lh9c Ай бұрын

That was a time and at 3500 ES, not now.

@DG-hw8it Ай бұрын

It's a 10 year long bull market. 🍀

@user-yq7rr9lh9c Ай бұрын

@@DG-hw8it Not in a straight line.

@RajDeelish Ай бұрын

That was still a year too late. 2022 was the year to go all in.

@xxxs8309 Ай бұрын

Cash at 5.5pct is fine for me

@abvincent12 Ай бұрын

You’ve got 2-3 months left. Then you won’t see 5.5% for a long time.

@xxxs8309 Ай бұрын

@@abvincent12 5pct is still ok

@abvincent12 Ай бұрын

@@xxxs8309 it’ll be 2.5-3% in a year or so

@Helpfulveteran Ай бұрын

Why would all these people say get out of cash when the market is all time high???? Why didnt they say that a year ago when markets were lower😂

@zanquilladus1 Ай бұрын

Could someone please rescue Amazon?

@ChiefKene Ай бұрын

Alright, keep cash on hand… got it.

@mrwazo Ай бұрын

I have ARM, NVIDIA and Amazon. When do I sell these stocks? I am on leverage, so it's likely that they will lose value over a 6 month period.

@johanwesthuyzen7422 Ай бұрын

i am glad josh brown is not managing my funds…. mark my words

@tombrown8443 Ай бұрын

Josh get out of Meta when it was 120s , bounce is over, I still remember 😂😂😂😂😂

@indivisibleman8596 Ай бұрын

Yes, give all your cash to me😂

@pware9643 Ай бұрын

Put your cash/bond money into MYGA’s , guaranteed by your state and pays more than CD or treasury.. 7 year at 6.55% from canvas annuity

@duffduck Ай бұрын

I'd rather keep my cash, than buy the top of these pumped stocks.

@Omiecol Ай бұрын

Not gonna get me to try and time this market, dollar cost averaging every week instead!

@PLASTICPIPE Ай бұрын

Putting all your cash in at all time highs will most likely "GET YOU OUT OF CASH" quick.

@theunbearablebull Ай бұрын

He didn't say get out of all cash lol. Listen next time kiddo

@weho_brian Ай бұрын

he is saying get out of cash "money markets, cds, savings, and straight up cash" and go into treasuries. Because the yields on those cash accounts will start dropping. At least with treasuries, the value of the bond will go up when rates go down

@8269wd Ай бұрын

Pull back coming. Still bull market but wait for another pull back like April.

@chazdemers7848 Ай бұрын

This guy has been wrong for over a year. He’s way too aggressive in his projections. No interest rate cuts this year and won’t cut until mid-2025 at the earliest. Bank on it.

@MH-0101 Ай бұрын

He’s talking to institutions. His advice is awful for retail.

@user-yq7rr9lh9c Ай бұрын

Agree.

@alexproctor9765 Ай бұрын

We need a shorter time horizon forecast from Josh. How are the markets going to perform the rest of this year and early 2025? Telling people to look 5-7 years out is just to cookie cutterish.

@nickvin7447 Ай бұрын

Cash is more valuable than ever, nice try homer.

@RajDeelish Ай бұрын

No it's not. Cash is depreciating. You can be in the market and get 10% or more on your money.

@user-yq7rr9lh9c Ай бұрын

@@RajDeelish You can also lose it all and not have it when premium prices on good assets come in the future.

@nickvin7447 Ай бұрын

@@RajDeelish If cash is depreciating then so are equities cupcake.

@dgaz3057 Ай бұрын

The Dow is shaky as sell...

@theunbearablebull Ай бұрын

Just like your moms legs

@simpiwemaqwara2184 Ай бұрын

How about investing in gold

@TOMMYGUNSNYC Ай бұрын

They are literally dropping the hint to buy bitcoin but 99 percent of you will not see this. Thats a shame.

@rickhayes-oh2zm Ай бұрын

economy is terrible. inflation is strong You got it mixed up

@weho_brian Ай бұрын

real economy is terrible, stock market economy is great

@KG-oi3od Ай бұрын

If billionaires are 40% cash, I am siding with them, not Josh loud mouth Brown.

@markl1473 Ай бұрын

Josh is full of it.

@Anthony-dj4nd Ай бұрын

They ain't cutting my guy😢

@xfall86 Ай бұрын

Only 25% cash and will reallocate in event of an equity market crash

@ronsilva7394 Ай бұрын

Get out of cash at the top ? I smell a snake oil salesman .

@nickynick1014 Ай бұрын

He is saying to buy treasuries in anticipation of yields coming down. There is no recommendation to purchase stocks in this clip. Jokers.

@theunbearablebull Ай бұрын

"top". Damn been hearing this since SPY 440.

@acesfullmike5371 Ай бұрын

I always listen to what Brown has to say. But, don't always take his advice. This is the same Brown who sold NVDA at 400.00, and it went on to climb above 1,200, just something to condider.

@RajDeelish Ай бұрын

That's not correct. He sold around $600 and not all of it. I think about a third.

@acesfullmike5371 Ай бұрын

Sorry, I was wrong. He sold 20% when NVDA was at $670.

@paulo4371 Ай бұрын

Cash is trash yeah without investing in AI

@LamarPassmore Ай бұрын

CBDC

@michaels7258 Ай бұрын

They are looking for bag holders

@mikeshawn5864 Ай бұрын

Buy financial stock and low pe stocks

@hishot1078 Ай бұрын

Okay, buy more GME

@peterbedford2610 Ай бұрын

Travel is cranking

@imawesome1822 Ай бұрын

This jerk told everyone to buy mattaport at $28 it’s like 16 cents now .

@robfarrell9104 Ай бұрын

And give the State complete control over us, yea pass.

@KK-pm7ud Ай бұрын

The top is in boys

@tackthekack1 Ай бұрын

Sounds like a top

@dons3073 Ай бұрын

Get out of cash why is that ukrain government scams

@harrychu650 Ай бұрын

Couldn't agree more with Josh Brown from the boiler rooms of Long Island, buy buy buy Tesla stock while the discounts last.

@user-bd8ns4tn8g Ай бұрын

You can pay Elon's 56 billion package, not me

@user-ll9qk2el4d Ай бұрын

Most overpaid CEO in history.

@weho_brian Ай бұрын

he is recommending to go into treasuries, nobody actually watched the video

@niklas4031 Ай бұрын

Clowns

@mikeshawn5864 Ай бұрын

Buy GME. 😢😮😅😅

@altmaxi4605 Ай бұрын

Looks dodgy, slimy and untrustworthy.

@user-yq7rr9lh9c Ай бұрын

Worst advice all times, take cash out at 5500 SPX hahaaha

@theunbearablebull Ай бұрын

Everyone listen to this random dude on the internet who probably only has 50k to his name. Not the multimillionare.

@user-yq7rr9lh9c Ай бұрын

@@theunbearablebull Am also a multi-millionaire random dude on internet, you will never be as long you listen to CNBC like a sheep and can't do your own math. Your CNBC multimillionaire which you regard as smarter than me(a random multi-millionaire on the internet) was saying the top is in 3 months ago, 20% lower where Nasdaq is now, and I was long this whole time. kzfaq.info/get/bejne/d5-IZ8Klz5y8ZYk.html

@theunbearablebull Ай бұрын

@@user-yq7rr9lh9c .... I've been a multimillionaire since I was 42, relax. Saying to never list to CBNC is also hilarious. Kind of like people who are inverse Cramer, and now they are all down on their portfolios.

@weho_brian Ай бұрын

he is recommending to go into treasuries, nobody actually watched the video

@user-yq7rr9lh9c Ай бұрын

@@weho_brian You don't get it, he said get out of cash, as get out of money markets where you are getting risk free 5% just because he thinks Fed will cut and they might not cut at all till mid-2025 and then do what with that money? What do you think he insinuates other then get into equity markets at these levels?

@islamicmalomat7220 Ай бұрын

Buy bitcoin

@nickvin7447 Ай бұрын

Yeah that is safe and holding its value. Oh wait...

@Dhejdjskd Ай бұрын

Sell Bitcoin. Correction on the way. Typical bitchcoin goes up then swoon dives.

@martinezjames83 Ай бұрын

Yea total.bummer buying it at 19k last year. HFSP😂😂😂

@nickvin7447 Ай бұрын

@@martinezjames83 It hasn't gained a dollar since March. Next?

@dons3073 Ай бұрын

Byby biden

@MH-0101 Ай бұрын

Just fyi he’s talking about institutions. This doesn’t apply to individuals and tbh, institutions would do well not to listen to this guy.

@TOMMYGUNSNYC Ай бұрын

Bitcoin is the way folks. Ge tout of that old mentality and buy up bitcoin! Buy buy buy! I can't understand why people are afraid to buy bitcoin. Put a small amount in and watch and see. You can buy as little as a dollar or what ever you can afford to invest. It will only go up! Old folks gonna miss out. Gonna be alot of rich young idiots running around the world😂😂😂 bitcoin is the way folks. Youre welcome. Ps... im here from the future. Not a joke.

@benhogan4739 Ай бұрын

Hilarious…I used to watch CNBC regularly back in the day…they have really darkened up the desk trying to meet those diversity quotas. Oy…give it a rest. 😂

@user-ll9qk2el4d Ай бұрын

Most investors: 60% U.S. equities, 20% Dividend Growth, 20% cash/others (emergency fund, high-yield savings, bargain hunting, CDs) Young investors: 95% equities (90% U.S., 5% International), 5% cash/others Near retirement investors: 40% U.S. equities, 20% Dividend Growth, 40% cash/others