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IMF Issues NEW WARNING ON INFLATION!
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We all know that we were lied to with inflation being transitory now that it has fully taken its toll on the economy and peoples monthly budget. The IMF just issued a new warning on inflation about how interest rates are likely to stay higher for even longer as inflation has been very stubborn to come down and may likely even continue to rise in this current economy.
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DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Michael Bordenaro is not a registered financial advisor. Your use of Michael Bordenaro’s KZfaq channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, KZfaq, E-Mail, and Instagram) for communications with Michael Bordenaro does not establish a formal business relationship.
@MichaelBordenaro Ай бұрын
Get 50% off your first order of CookUnity meals - go to cookunity.com/michael50 and use my code MICHAEL50 at checkout to try them out for yourself! Thanks to CookUnity for sponsoring this video!
@kreed445 Ай бұрын
you look hilarious eating dinner on that tiny little portable table - that's not how you actually eat dinner... is it?
@Angry_Bob Ай бұрын
The stock market is a total joke, it runs 100% on technicals. Nothing to do with fundamentals, when it pulls back 25% then the rich fat cats will agree we are in a downturn.
@lizm9115 Ай бұрын
@@kreed445Seriously dude?? It's a glass dining table. Anyway what difference does it make to you what kinda table he eats on?? Good grief. 🎯
@jimmyhoffa7935 Ай бұрын
If your over paying for car insurance. I would look at their driving record 1st😅 Probably accidents, speeding tickets, DUI, other moving violations, etc. I have never been in a wreck, speeding ticket, nothing! I have state farm insurance both home & car. My car insurance is under $70 a month. My homeowners insurance is around $200 & l pay that quarterly. Guess some these people should MOVE! If you can't afford where you live. THEN MOVE TO A PART OF THE COUNTRY YOU CAN AFFORD! HELL-O PEOPLE!!
@mikehertz6507 Ай бұрын
I see you're working on that tan.
@nicolasbenson009 Ай бұрын
Inflation hits people a lot harder than a crashing stock or housing market as it directly affects people's cost of living that people immediately feel the impact of. It's not surprising negative market sentiment is so high now. We really need help to survive in this Economy.
@Michaelparker12 Ай бұрын
I think I could really use more guidance to navigate the market, it is completely overwhelming, I've liquidated most of my assets and I could really use some advice on what best to invest into.
@tatianastarcic Ай бұрын
Your best option if you are unfamiliar with the markets is to seek advice or help from a consultant or investing coach. I know it sounds simple or generic, but talking to a consultant helped me stay afloat in the market and increase my portfolio to roughly 65% since January. For me, it's the best method to enter the market right now.
@berniceburgos- Ай бұрын
please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?
@tatianastarcic Ай бұрын
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Melissa Terri Swayne” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
@BridgetMiller- Ай бұрын
Thanks for sharing, I just liquidated some of my funds to invest in the stock market, I will need every help I can get.
@NicholasBall130 Ай бұрын
Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
@StocksWolf752 Ай бұрын
In particular, amid inflation, investors should exercise caution when it comes to their exposure and new purchases. It is only feasible to get such high yields during a recession with the guidance of a qualified specialist or reliable counsel.
@TylerJamestown Ай бұрын
True, initially I wasn't quite impressed with my gains, opposed to my previous performances, I was doing so badly, figured I needed to diversify into better assets, I touched base with a portfolio-advisor and that same year, I pulled a net gain of 550k...that's like 7times more than I average on my own.
@LiaStrings Ай бұрын
This aligns perfectly with my desire to organize my finances prior to retirement. Could you provide me with access to your advisor?
@TylerJamestown 12 күн бұрын
Sonya Lee Mitchell is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
@grego6278 12 күн бұрын
I just curiously searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you
@Peterl4290 22 күн бұрын
Increased losses for portfolios this quarter are predicted by market drops, skyrocketing inflation, a major interest rate hike by the Fed, and rising treasury rates. How can I profit from the volatile market right now? I'm still considering whether to sell my million dollar bond and stock account.
@Mrshuster 22 күн бұрын
Concentrate on two main goals. To start protecting yourself, learn when to sell stocks to reduce losses and maximize gains. Second, get ready to profit when the market recovers. I suggest having a conversation with a broker or financial advisor.
@larrypaul-cw9nk 22 күн бұрын
Yes, I've been in touch with a financial analyst ever since I covid. Investing in trending companies is relatively easy today; the trick is determining when to purchase and sell. I started with a $300K reserve that was initially dormant; my adviser decides when to enter and exit my portfolio; since then, I have accumulated over a million dollars.
@sabastinenoah 22 күн бұрын
Can you leave your investment advisor's contact information here? I absolutely must have one.
@larrypaul-cw9nk 22 күн бұрын
Her name is Annette Christine Conte can't divulge much. Most likely, the internet should have her basic info, you can research if you like
@sabastinenoah 22 күн бұрын
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.
@RomanVarl Ай бұрын
"Land of the free, home of the broke"
@Avtr44 Ай бұрын
😂
@phuchyouh7171 Ай бұрын
We are not free we are only broke
@JFEnterprize Ай бұрын
@@phuchyouh7171the broke n’ choke 🙁
@nilaja-itsmylife Ай бұрын
You ain’t lying
@jschudel777 Ай бұрын
"Land of the trapped, ..."
@AbcDef-iq4no Ай бұрын
Since the late 90s when the U.S. kissed off its manufacturing sector and sold its soul to china and cheap chinese goods, we as a nation have become more and more dependent on the service sector for jobs. The problem with this paradigm is that service related goods (fast food, restaurants, hotels and Air BnBs) are things that people buy with discretionary funds. In other words these items are luxuries, especially when money is tight for the average U.S. consumer.
@MbisonBalrog Ай бұрын
That before late 90s. 90s was bad too for Gen X. That was when service based economy started and most were just sales jobs
@pinschrunner Ай бұрын
Perhaps you meamt that they buy luxuey items (non-necessities) with discretionary income?
@felixthecat2786 Ай бұрын
It's tight because these jobs just don't pay enough to survive in with the increase in minimum wage. You really need to be making 100K in order to live a middle class lifestyle today. It used to be 60K-80K before Covid and now it's 100K-120K If Boomers keep charging over a million dollars for homes they bought for 60K back in the 70s then Millennials will never be able to afford any of those luxuries. Fast food is heading towards certain disaster IMO
@JohnSmith-zi9or Ай бұрын
Let me rephrase a little. In the 90s, the US sent its manufacturing to China. Soon after what was left went to Mexico. We send our dollars to China and Mexico to build stuff for us. They keep those dollars. They don't come back into circulation in the USA. We have become reliant on service sector jobs as most manufacturing jobs are gone. The USA is quickly depleting its cash and sending it to China and Mexico. In the late 80s, Shanghai had no skyscrapers. Now it looks like NYC. The USA is slowly going broke. The end.
@WildBikerBill Ай бұрын
Correction: "...service related goods (fast food, restaurants, hotels and Air BnBs) are things that people buy with DISCRETIONARY funds...."
@guylocation9823 Ай бұрын
Goodbye middle class America..
@HillyBill38548 Ай бұрын
That’s the plan.
@kingscairn Ай бұрын
The middle class is but a shell of what it once was
@sirrockefeller149 Ай бұрын
Watch movie called - in time by justin timberlake Its the plan. We took the bait like rat
@nilaja-itsmylife Ай бұрын
It’s been gone. Middle class used to require one income. Now it requires two
@chrisweidner4768 Ай бұрын
@@sirrockefeller149 Indeed. Fantastic movie. Exactly like what life is today. The movie “Snowpiercer” as well. (Original film by Korean director).
@s99614 Ай бұрын
At least we finally beat Medicare!
@iamlimitless7543 Ай бұрын
LOL!
@interests3279 Ай бұрын
With those comments you better keep an eye on the roofs.
@douglascarpenter5433 Ай бұрын
An trump stopped a hurricane with a magic marker
@jkmarshall3553 Ай бұрын
Yeh, go Brandon go!
@ricdowning2283 Ай бұрын
HonK 💥 HonK 💥🎷🤡🎈🎪🎪🎪🐀🐀🐀
@BBWilly05 Ай бұрын
Insurance companies, when they’re not screwing each other, their screwing the customer.
@googleuser868 Ай бұрын
Makes it easy to do without. Odds are you won't get hit with a catastrophic loss if you minimize the risk. Smaller home away from floodplains, earthquake, hurricane and wildfire areas. Lost a bundle of shingles on a 20 year old roof this spring and a few trees went down this spring from a storm. Worst problem in more than a decade. Already own 2 chainsaws and the roof DIY repair didn't set me back even a couple hundred bucks. Premium for insurances for ten years banked.
@ColdPotato Ай бұрын
Ross Perot's "You hear that sucking sound" quote about NAFTA really hits home regarding our manufacturing base being gutted.
@ajf5823 Ай бұрын
He nailed it, sad to say.
@careyparkinson2890 Ай бұрын
Pro-rate repairs? How about pro-rate payments? Insurance has become a scam.
@truther001 Ай бұрын
just about everything is these days. It's what happens when you ship manufacturing overseas for the last 50 + years.
@ncscooterz Ай бұрын
Insurance has always been a scam. It’s just a lot more obvious now.
@32kay12 Ай бұрын
That's legit what i thought of when i heard in the video, if you're going to pro-rate my roof, pro-rate my insurance rate by that
@novadhd Ай бұрын
no kidding. How bout I make 20 % payment since you only pay me that amount out.
@twobitsandpepper8235 9 күн бұрын
Always was.
@brianatkinson6600 Ай бұрын
I was on my own at a very early age and it taught me to think 10 steps ahead. When you have no support system the lessons from mistakes are burned deep and quick. I've never been really affected by economic transients as I live miles from my edge (another lesson from early departure and no help). People need to scrutinize their decisions on everything (especially debt). There are many vacations I've never had, many meals I've never eaten, many phones I've never purchased, cars I've never bought, clothes I've never owned and a crap ton of interest I've never paid. Take care of business and unless you have a solid savings and investment plan you need to learn how to go to work and stay home. Contrary to popular belief "entertainment" does not need to be "fed" to you!
@darleneatkinson3906 Ай бұрын
@brianatkinson6600, like your comment you have the same last name as I do Atkinson I was born into family with 12 siblings. However, I ended up needing to pay for my life on my own at age 16 my father passed away at age 22 my mother passed away and every decision I made I had to really think it out clearing how will it affect my life? I had lot of siblings however they get married and moved to different states, so I ended up on my own. I learn early also never overpay for stuff be very accountable track my spending. Being on your own make stuff real and only myself can conduct my decision to have a healthy and wealthy life. Thanks for your comment.
@BillAdamson-bp9ff Ай бұрын
I've been an investor in Nvidia for the past six years now because I strongly believe in the company and in the stock, but now I've been thinking of redistributing my portfolio of about $560k and buy other stocks. and asset classes. Maybe buy Tesla? They are also doing great things in the AI space. Some digital currencies too. What do you think?
@AndrianWiener Ай бұрын
Not offering any particular advice, but I can assure you that both stocks still have growth potential. Re-distributing is not as hard as many people think it is. Ordinary investors lack the requisite level of diligence, so having a financial advisor on board is usually highly beneficial. In the market, this is how people generate enormous profits.
@Erinmills98 Ай бұрын
I agree. A financial advisor really does help me do the distribution even between different asset classes. I don't even understand technical financial terms much. I just know I make really good profit, and I don't have to stress myself a lot.
@aigajenkinson2495 Ай бұрын
I've been getting suggestions to use one, but where and how to find one has been challenging, Can i reach out to the one you use?
@Erinmills98 Ай бұрын
Sure, Kristin Amy Rose is the licensed advisor I use. Just research the name. You’d find necessary details on the web to set up an appointment
@richardwalker1850 Ай бұрын
Buy and hold physical Gold and silver..while you can..👍
@garysmolen528 Ай бұрын
I opened my annual home insurance and found that my coverage limits were increased by 44% but the premium was increased by 165%!! No other significant changes in the policy and I have no insurance claims. Ripoff! I’m shopping for new insurance! This is in TN
@marsha58 Ай бұрын
Try Farm Bureau.
@rogerstrom1186 Ай бұрын
I;M 80 YEARS OLD. MY UPSIDE IS I NEVER HAD HOME INSURANCE,
@jkmarshall3553 Ай бұрын
You win!!!!!
@PianoMatronNeeNee Ай бұрын
Smart! Fuck the insurance companies ripping people off.
@sp3357 Ай бұрын
@@PianoMatronNeeNeeEXACTLY!!!! I have two cars and my insurance on both are 350 and that’s with Geico I told them y’all must be smoking crack if y’all think I’m pay that and why is it that you all are always going up 5 to 10 dollars their excuse “ Oh you live in a state that has a lot of car accidents “ I always come back and say that’s not my problem my record is clean so what does that have to do with me 🤧🥴
@nikosolikos Ай бұрын
Same, but I’m half your age.
@googleuser868 Ай бұрын
I kicked the habit around a decade ago.
@Maynardd Ай бұрын
I call complete bullshit on the insurance companies stating why insurance goes up. These insurance companies operate out of skyscrapers that cost millions and millions and millions of dollars, you see insurance ads everywhere that cost hundreds of thousands of dollars if not millions of dollars. Insurance CEOs making tens of millions of dollars a year. Insurance companies, recording record profits! Don’t be fooled! You are being scammed out of your money!
@marsha58 Ай бұрын
Insurance is going up because there are so many new people driving with no insurance or DL.
@Maynardd Ай бұрын
@@marsha58 I repeat, don’t be fooled! You are being scammed out of your money! And if you think new drivers are driving without insurance, think again. You cannot even buy a car unless it’s from someone privately selling it without insurance. You cannot get a loan for a car unless you show proof of insurance. Wake up!
@MrWill-ng8dg Ай бұрын
Total BS. For example, on the left coast Liberty Mutual Ins has not been accepting new consumer auto insurance policies for the past two years or more. Yet they continuously run obnoxious multi-million dollar advertising campaigns for consumer auto insurance. Make it make sense!
@prolific1518 Ай бұрын
@@Maynardd 1. CEO pay tends to be tied to stock price so it has no impact on the cost of insurance. 2. Spending on advertisment brings more customers which in turn actually reduces prices to customers as costs are able to be more spread out among the customer base. 3. Insurance companies being in skyscrapers is totally tangent to the conversation. Auto Insurance is more expensive simply because of the costs to repair vehicles (part supply shortage, wage rises in a labor intensive industry). Also vehicles prices have skyrocketed which means it's more expensive for the car to be replaced if totaled or stolen (also a problem as poverty grows, theft grows). Also the other commentator is correct. Because of the expense, people are choosing to go without auto insurance the same way people are choosing to go without home insurance.
@rebeccaburgess5333 Ай бұрын
Maybe we should all stop paying our auto and homeowners insurance.
@BVAutoService Ай бұрын
Regardless of what happens, everyone will need their cars fixed. I think I chose the right business to open.
@oPt1k4L Ай бұрын
HVAC/plumbing/electrical are also good fields that will always be needed
@kaydublin5164 Ай бұрын
My hubby works for a auto repair shop for 38 years, 36 full time plus, he’s always had a job, cause you always need your car fixed plus they have post office truck accts, everyone needs their junk mail.
@jkmarshall3553 Ай бұрын
Maaannnnnn... people can't afford cars anymore.
@truther001 Ай бұрын
@@jkmarshall3553 That's why you need a good mechanic!
@BVAutoService Ай бұрын
@@jkmarshall3553 / exactly and theyre keeping their old ones. Which must be serviced. :)
@chrislindsay3104 Ай бұрын
There's a youtuber like Michael who records while walking around. He made a video of a mile-long line of cars waiting to get groceries from the food bank in Coachella CA. Waiting over an hour in 109F heat for 2 bags.
@deniseschuld6191 Ай бұрын
Jeremiah Babe. I saw that video too.
@nilaja-itsmylife Ай бұрын
The unemployment numbers are flat out lies
@vickielane7387 Ай бұрын
That is so wrong on so many levels.
@truther001 Ай бұрын
They must have spent more on gas sitting for an hour with A/C on. Some people are just lazy and will take anything that is free.
@tiffanyisaacson1407 Ай бұрын
That was really good, vedio must watch I love the truck driver questions at the end !!!
@wiredspeaker5658 Ай бұрын
The sad thing is two young people each making $20 an hour (minimum wage) still can't afford an apartment together in California.
@davidgray1515 Ай бұрын
A smart person would move where that would be a decent income, but you would rather complain?
@vickielane7387 Ай бұрын
@@davidgray1515 maybe you suggest where.
@prolific1518 Ай бұрын
@@davidgray1515 the problem is moving to another state decrease the pay and now you're poor in a poor state like Alabama or Mississippi.
@MrSteeDoo Ай бұрын
@@vickielane7387 The whole of middle America.
@Maynardd Ай бұрын
Why would anyone only making $20 an hour ever live in California? You can pretty much make $20 an hour anywhere in the country.
@BenHeckHacks Ай бұрын
Just got my car insurance bill for second half of 2024. Um yeah... where is this 3% inflation located? Would love to move there!
@sharonshoop495 Ай бұрын
same here in Washington State. Homeowners isn't any better.
@Jenny-kw4lh Ай бұрын
Yeah...80% up after a year with State Farm in CT. My car is 4 yo, never had a claim or ticket.
@markphillips9822 Ай бұрын
My auto insurance went up 20 percent last year. And this month it increased by another 5 dollars a month.😢
@markphillips9822 Ай бұрын
@@Jenny-kw4lh me either
@angieng71 Ай бұрын
Ecuador 1%
@neveragain733 Ай бұрын
We are going down like the Hindenburg. American Greed. There is no turning back
@HillyBill38548 Ай бұрын
More of a corrupt financial system and corrupt government
@jimcrawford3185 Ай бұрын
"Oh the humanity!"
@Resmith18SR Ай бұрын
That was a great TV show also, American Greed.
@jpmiller99 Ай бұрын
Government greed
@nealwhite5602 Ай бұрын
inflation is caused by the government printing money -😅
@jerseydewd Ай бұрын
Man I’m so glad I refied my mortgage and got a new car pre covid. Almost impossible or not feasible to do things like that now. Lucky enough to buy food and gas. Vacation? Not now lol
@Mikegastaldo Ай бұрын
Did you refinance to buy the car? if you did..I would like to know why you would leverage an appreciating asset to buy a rapidly deprecating one.. just curious 🤔
@Maynardd Ай бұрын
Absolutely! I’m heavy into following finance, investments, etc. I purposefully bought a brand new truck and a brand new boat in 2020. This was right when Covid was getting started, I bought the boat in January before anyone really heard about Covid. and the truck in March and of course the house has been refinanced to 2.8% interest. What people don’t understand is these payments are frozen in time and all of them have the lowest interest rate in history. I can sell every single one of them used for a massive profit. The boat is literally worth $50,000 more than it was when I bought it. so if I get into financial trouble, I’m covered.
@Maynardd Ай бұрын
@@Mikegastaldo I don’t think it’s really depreciating as of yet? I bought my truck for 60 grand in 2020, I can sell it for $70,000 right now with 27,000 miles on it.
@Mikegastaldo Ай бұрын
@@Maynardd I'm sure nobody can argue with that!!! Bought for 60 k enjoying it for 4 years and it's worth 70 k.. impressive... you must be doing something right 👍..
@Maynardd Ай бұрын
@@Mikegastaldo so far so good, but will it hold? That’s the question. I don’t plan on selling anytime soon anyway, But the entire point of making all of those moves was to have assets that actually were not depreciating. Time will tell.
@ravensrolltop Ай бұрын
And don’t forget about food prepping at home. I make a big batch of soup in my Instapot and that will yield five servings. That’s enough for the meal plus four others that I store in my fridge. All I have to do the next four days for lunch is reheat.
@pinschrunner Ай бұрын
What is the best KZfaq channel or other source to learn to cook basic things in an Instapot please?
@chrisweidner4768 Ай бұрын
Indeed. I cook beans. Then I’ll cook pork loin, then rice . Stick in the fridge and have food for 5 days. Also use the blender for spinach/ginger/blueberries/zucchini etc. etc.. All the best/
@ravensrolltop Ай бұрын
@@chrisweidner4768 Yeah, I use my InstaPot several times a week. It’s so versatile. I’m off to cook garbanzo beans now with it. I soaked the beans overnight so they’ll cook quicker.
@googleuser868 Ай бұрын
Stir fry season here. Garden full of peppers onions, tomatoes, garlic and cilantro. A little chicken and olive oil. We eat our fill. All organic and fresh off the vine.
@timboc105 Ай бұрын
Yup once every week I'll cook up a big chuck pot roast in the crock pot and good for 3 to 4 days of meals
@chefboy6123 Ай бұрын
IMF is a joke
@bakishamilshamil4240 Ай бұрын
Digital Currency by 2030 they might even put expiration date on the digital currency
@tedk572 Ай бұрын
Lagarde is a joke
@suburbia8831 Ай бұрын
100%
@mejiado Ай бұрын
@bakishamilshamil4240 why work if there will be little to no food?
@wapa171 Ай бұрын
@@bakishamilshamil4240 This actually happened once before - not digitally, but "analogously" so to speak. Silvio Gesell, German-Argentinian economist and founder of the free economy, created the so-called "free money" in 1924. This free money had the special feature that it did not bring interest, but lost value every month. This meant that the expiration date of this free money could be set in advance. This free money was also tested "in the wild": In 1932 - in the small town of Woergl (Tyrol, Austria) the destroyed bridge had to be rebuilt. And there was no money. Silvio Gesell's idea of free money was taken up and the bridge was built with this self-depreciating free money. When other cities and municipalities (especially in Tyrol & Bavaria) saw this, they wanted to introduce the same, but were prevented from doing so by the German / Austrian governments under threat of military action.
@wyatttilley7849 Ай бұрын
Less people are doing real work nowadays. Imagine a teacher who gets famous because a stranger records her saying "hawk tuah!" and then she loses her teaching job. She can raise enough money through fundraising and selling T-shirts, but now we no longer have a teacher. We have these people who stream video games making more and more money. Now they no longer have to work their 9-5 jobs. How does this relate to inflation you may ask? Less and less work is being done, so that means money is not being made as much. So, the price of whatever has to increase because of time. Time is a factor we can't get back. When COVID hit, everyone worked less. You know what increased? Prices.
@Ajh21187 Ай бұрын
Hawk tuah girl already said that was just ppl coming up with bullshitblies about her life and background... she was never a teacher she worked in some type of manufacturing or factory type work, also her dad isn't a preacher (another rumor)
@Feribrat99 Ай бұрын
You saying that entrepreneurs are not real? Even You tubers have to pay taxes on their profits, hello.
@wyatttilley7849 Ай бұрын
@@Feribrat99 Not saying they are not real. Its just more jobs that do a service to the public are going away. So you order food, and someone makes it, then someone brings it to you is a service that helps people. A plumber coming in to fix your toilet is a service. A twitch streamer helps people watch entertainment, even if they're paying their taxes, they aren't fixing your food, fixing your roads, I mean some people have different ways of looking at it, but you gotta just see how more and more people do less of the real work now. Imagine if everyone was famous, and its getting to that point with TikTok and all social media. People don't want to work anymore, that's another reason AI is making a big push.
@nilaja-itsmylife Ай бұрын
I agree. People build on top of disasters (cliffs, fire zones, flood zones) It’s wild.
@korsveien Ай бұрын
I live in Europe. It’s very visible here. We have buildings that are thousands of years old. They are built sheltered from nature and weather. Whenever there’s a nature event it’s always the new buildings that are affected because they are built for having a view.
@bobbylee3211 Ай бұрын
I'm reading all these comments. If i were young, I would be looking at getting into the trades. i.e. electrician, plumber, handyman, construction, etc.
@TheSuperdodgy Ай бұрын
Excellent advice
@luigijohson6732 Ай бұрын
Interesting how over 2% inflation has been a concern when central banks and the Fed begin to hike interest rates. I consider the rising interest rate to be a very serious issue since it will undoubtedly cause more investors to withdraw their money from the stock market. But then I'm still aware of certain investors that continue to earn over $365,000. Wish I could accomplish that.
@debroahmorrow5919 Ай бұрын
Very possible! Particularly in the current market. There are several opportunities to generate excellent returns, but such intricate transactions can only be carried out by seasoned market professionals.
@leonardives1991 Ай бұрын
Absolutely! In just over three years, I've earned more than 1.7 million by following a coach's guidance. Initially, I hesitated, observing from the sidelines and waiting for the right moment to jump in. Then, on my wife's recommendation, I reached out to the coach. That turned out to be the best decision I've ever made.
@patricia_nura3378 Ай бұрын
This sounds interesting. My portfolio is in the red. Can you recommend your analyst, please?
@leonardives1991 Ай бұрын
Jennafer Beaver Turner is the licensed advisor I use. Just research the name. You'd find necessary details to work with to set up an appointment
@patricia_nura3378 Ай бұрын
Thanks for this. I curiously searched for her full name and her website came first. I looked through her credentials and did my due diligence before contacting her. Once again many thanks
@valerierogers9609 Ай бұрын
Those attorney ads featuring "victims" crowing about their large settlement are sickening.
@cheaplaughkennedy2318 Ай бұрын
The head of the snake , the IMF and BIS calling out inflation warnings , that’s rich 🤗
@truther001 Ай бұрын
💯💯💯💯💯
@KikoValleyMan Ай бұрын
Yep
@Jasongonzales-45678 Ай бұрын
I recently sold some of my stocks positions, but I'm retaining a portion for the long term, I want to diversify my $400K portfolio to new gen stocks with masive potential, but I'm uncertain about risks. kinda confused here.
@AllisonAhrens Ай бұрын
When diversifying, be careful of assets you’re buying into to lower risks. Research and consult a broker for guidance
@MiikeFaber 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
@yfar567 Ай бұрын
Pls how can i meet this advis0r? i want someone to help me invest an Inheritance, i dont want to lose it to inflation
@MiikeFaber Ай бұрын
She goes by Melissa Elise Robinson I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did
@therolandx Ай бұрын
The keyless keys are $500 plus to replace. Simple technology and nothing new in the device just a monopoly that can gouge consumers.
@Theweouthereforrealclub- Ай бұрын
Depends on what car you have but you can look up how to program them yourself and source your own if they haven’t started preventing that in software. On my focus ten years ago I think I had to turn the key to acc 10 times quickly, may have been tapping the brake cant remember. Stuff like that.
@orbitalair2103 Ай бұрын
@@Theweouthereforrealclub-not anymore. You need the keycode these days, even if you can program it yourself, it's still a hundred or 2 dollars to have someone at a dealership tell you the code.
@ShaneBowers33 Ай бұрын
I agree with you soo much on the fender bender issue. After moving to Orlando a year ago just a few months after someone hit me from behind here in Florida and totaled my car. I had a perfect opportunity to really cash in on my situation and I didn't because luckily there was only property damage and nothing medical. After the accident I had all kinds of lawyers calling me trying to turn it into something more. I got my property paid for and am happy for doing the right thing and some people are so selfish and would have put the family that hit me through so much from an honest accident and remember the same thing can happen to you someday. But it's very apparent to me why the car insurance is so high here in Florida compared to where I'm from and there really needs to be more laws here to stop these on purpose career accident people that are causing all are rates to be higher.
@pinschrunner Ай бұрын
Tourists, rental cars, urban people who moved to Florida and have never driven before, urbanites banging their stereos, etc are causing rates to rise in Florida. Native Floridians here. It is bad with all these foreign and out of state driving habits with zero Southern manners. It sucks here now with all the building, burning and paving over everything we loved
@marklane870 Ай бұрын
If you have $40k in savings you can self insure!
@BCautosolutions Ай бұрын
16 year Honda tech here and I’ll tell you from experience that oem parts are the way to go. Aftermarket parts not only fit horrible, they also cause electrical issues, and fail often.
@enigmatic_mist280 Ай бұрын
$13 for a Happy Meal in NJ. Ridiculous!
@Resmith18SR Ай бұрын
Should rename it an Unhappy meal.😂
@upstate4288 Ай бұрын
Ain’t nothin happy about it!!!!!
@Airbender-kl7cu Ай бұрын
It'll be $18 or $19 by October
@OldLion64 Ай бұрын
@@Airbender-kl7cu Actually those places are going to reverse. Another burger wars is brewing. Still that is not what you want to be eating.
@MrSteeDoo Ай бұрын
$7.09 for a 6 pc McNugget Happy Meal in Peoria IL. The one in NJ is charging more because THEY CAN and you will still buy it at that price.
@mg1822 Ай бұрын
Just went through a roof claim with All-State Michael...Waiting on my big check of $57 for my 20 year old prorated roof....The $57 was after fighting with them...they were going to give me nothing. Now I had to foot a 15k roof bill...Bunch of CLOWNS.
@John-gw4jt Ай бұрын
If a roof is older better to have very high roof deductible cause you only want to cover house except roof.
@BillR-e2g Ай бұрын
Curious how large is your home as I need a new roof soon and wonder how much it'll cost.
@mg1822 Ай бұрын
@@BillR-e2g My home is almost 2700 sq ft. Pretty basic Colonial style home roof.Eaves, dormers, roof slope, type of materials....that will all factor in how much the new roof will cost. My cost included a warranty too.
@BillR-e2g Ай бұрын
@@mg1822 ty
@poodledaddles1091 Ай бұрын
$57 is insulting.
@MrMleewilson Ай бұрын
In and Out is always packed, and the Drive Thru line goes around the building and down the street. It has always been that way.
@cityman1111 Ай бұрын
Up to your first ad, you haven't mentioned that the bulk of income of major corporations, goes to the executives and stock holders, leaving middle class employees with nothing, as proved by the decades of no raises.
@pcnetworks1292 Ай бұрын
One of the tricks to home-made In N Out Burgers is to squirt mustard into the griddle in advance of dropping a patty, that is a core element of their burgers flavors
@BusyAir Ай бұрын
Mustard is disgusting, yet their burgers are so tasty. How do you figure?
@pcnetworks1292 Ай бұрын
@@BusyAir 【ツ】 Not a fan of mustard are you? I know how you feel though, I hate anchovies but I love Worcester sauce, it was a shock to eventually read the contents and I saw that anchov paste was one of the ingredients, but I still like the stuff.
@BusyAir Ай бұрын
@@pcnetworks1292 They've had Worcestershire sauce on 'How It's Made' and gotta admit, it's nasty. But, no deterrent to how good the stuff tastes.
@pcnetworks1292 Ай бұрын
@@BusyAir 👍
@LaurenHarris4 Ай бұрын
Although I have interests in global economics I don't watch the news anymore... I have enough FUD lol. Thanks for this news and offering your insight on how to navigate during unfortunate times/events like this. You're right about keeping level headed when investing so that's why I think it's important to limit the amount of FUD we consume. I don't watch the media but the news that you present has enough to know issues going on without riding the emotional rollercoaster if I were to watch the news everyday. Now I buy and just trade long term more than ever, I have made over 16 btc from day trading with Francine Duguay in few weeks, this is one of the best medium to backup your assets incase it goes bearish.
@LaurenHarris4 Ай бұрын
Francine Duguay program is widely available online.
@rayraywino Ай бұрын
Trading with an expert is the best strategy for beginners and busy investor s who have little or no time to monitor their trades.
@palidome Ай бұрын
The key to financial stability is having the right investment suggestions for a diverse portfolio. Many investment failures and losses happen when you invest without proper guidance.
@CidadeSpace Ай бұрын
It was quite challenging to understand the different trends on my own until i found out about Duguay. Trading made easy.
@AMERSA2 Ай бұрын
What I appreciate about Francine Duguay. is her ability to tailor strategies to individual needs. She recognizes that each investor has unique goals and risk tolerances, and she adapts her advice accordingly...........
@fredk9999 Ай бұрын
Thank you to our host for these walk-around outdoor presentations. Really appreciate your research and content
@surfboard396 Ай бұрын
Hi Fred. He sells doom n gloom . He makes money off everybody watching. He makes good points but not everybody is hurting as bad as he makes it seem. He’s not making money selling real estate so he puts out these videos and makes money with likes n subs. I watched him for a while then stopped watching when he went on his rants.
@surfboard396 Ай бұрын
The market is at record highs. They are saying the interest rates will be cut soon maybe two months. Some people have money and spend because I see a lot of establishments that are full every night. You can do both.
@jimflick7564 Ай бұрын
This site is essential education for surviving everyday financial matters. All young people and parents should listen to these lessons of life. It is a shame that schools don't teach these lessons as mandatory curriculum.
@surfboard396 Ай бұрын
@@jimflick7564 I respectfully somewhat disagree. He makes good points but he’s not a financial advisor. YOU essentially make decisions regarding your personal financial well being.
@TexasSands Ай бұрын
It’s our judicial system that guilty too for these frivolous lawsuits. Money in their pockets. They’re just as guilty
@MrWill-ng8dg Ай бұрын
It's a racket where the outcome is always that the courts and the lawyers get all the money.
@SirCarlosMusicBMI Ай бұрын
Thank you for not giving up on this $20 Dollars as minimum wage disaster. It’s just ruining small businesses.
@duh...4460 Ай бұрын
😂
@davidmann2524 Ай бұрын
Lol if you think that's the cause you are far too gone...go luck at the balance sheet of small businesses....small business owners have gotten ridiculously greedy as well as taking hundreds of thousands in PPP money most didn't need....total joke
@joesmith3590 Ай бұрын
Small businesses have closed at the highest rates ever. Get off the leftist nonsense channels and sites.
@Thebankfisher Ай бұрын
Yes disastrous you can't keep people working for the same wages as 1999 and make massive profits.
@FlatWaterFilms Ай бұрын
I know well off Arab. He worked gas station, $15hr. his real money comes from Iraq. After witnessing a shooting in the store, he retire. He told me owners (Arab) make $1,000,000 year.
@user-sd5ul1jy6e Ай бұрын
$25 Starbucks coffee by 2025.
@networth00 Ай бұрын
True. But I might be the only one who hasn't been there in my life. Never will pay more than $1 for a large coffee when I can make it at home for 25% of that.
@dennisburdick682 Ай бұрын
Oh my sweet summer child. 🥴🥴🥴🥴😂😂😂🤣🤣
@Resmith18SR Ай бұрын
I just went to Starbucks and saw some of their tumblers go for $30 dollars. But at least you get the first cup for free if you buy it. 😂
@kimdavis5403 Ай бұрын
Buy whole beans Starbucks at Costco. Grind and brew at home. That’s If you like it…
@Caseinpoint-f8z Ай бұрын
I’ve already started making my own Frappuccinos. They’re just as good 😌
@Parazoso Ай бұрын
Everything is fine. Don’t forget prime day buy now pay later. Charge up those cards!
@googleuser868 Ай бұрын
Yep. But the bill is good as paid.
@ajf5823 Ай бұрын
I’m happy to say l bought nothing on Prime Day
@phydariel Ай бұрын
Too many people sue, Michael, because we may be one of the few countries that does not have “loser pays.” That would be a deterrent to frivolous lawsuits. Our attorneys have too much lobbying power.
@glentfur Ай бұрын
Insurance is what’s ruining it for everybody.
@ParkDari Ай бұрын
I pay the lowest feasible insurance rates and have a massive emergency fund to essentially self insure. Cash is King when you are negotiating the price of repairs.
@MattBowler Ай бұрын
There are already robots delivering food to tables.
@alanzamora6504 Ай бұрын
IMF sounds like an off road bicycle 🚲
@Imaworried Ай бұрын
I'd be interested to see the fast food prices ,also some grocery store prices . I appreciate all the research you do so that I don't have to.
@musicalcontessa4275 Ай бұрын
Before NAFTA a quality pair of leather shoes cost about $30 to $60. Bill Cinton screwed that one up with NAFTA. Now, we pay $60 for junk man-made material shoes from China that burn one's feet and clothing is all rayon and polyester. I would rather pay more and have quality.
@snyder.4587 Ай бұрын
Always presenting a wealth of knowledge on many levels. You pack valuable thought in your 30 minute walks You are appreciated by many. Keep us informed!!!
@MichigantoFlorida Ай бұрын
Good evening Michael, thank you as always for your spot on commentaries. Oh yes, OEM versus the generic auto parts, you nailed it. I spent 35 years in professional sales and drove about 60K miles per year. Nevertheless I had. company vehicles. Windshields, it would take a serious impact to crack an OEM windshield and Idid have a large rock hit and my windshield required replacement. First replacement was not an OEM and it really did not last long, just a small stone at low speed dit it in. Went back to OEM, there is a difference in quality and durabillity regardless of what the non OEM folks say. Keep up the great work.
@jimb3093 Ай бұрын
Less trucks on the highway as well. Some truckers haven’t worked in a week-no work. Houston….we got a problem.
@janicetone1624 Ай бұрын
😵 Roof: This is EXACTLY what happened to 3 people here in Northern CA. They got Nothing from Insurance. Thanks for mentioning these insurance issues. Things are getting weird in CA now.
@rickhiggins6521 Ай бұрын
Thanks for keeping us up to date.
@28282222 Ай бұрын
On injuries in car wrecks you have to be cautions. I was with a gal in her truck in the 90s and some old woman lightly bumped into her rear end. Hoenstly there was tiny damage. Like a small dent, no airbags deployed and some paint scuffed. Cops asked us if we needed medical treatment or ambulance to the hospital. I actually laughed as I recall and said no. NEXT morning I wake up with a really weird pain in my center back and it didn’t go away for a week. Thing is in a wreck that energy travels through the vehicle and you don’t always know right away if some of it will channel through YOU. Oddly the gal I was with was like 90 pounds and maybe 5’ tall and was in the drivers seat and she never had any after effects , I was about 200 lbs and 6’2” but was on the same side of the truck the impact occurred on. No permanent damage so it’s all good but to be honest I probably should have been compensated a few hundred or a grand or so for being unable to do any strenuous work for a week.
@tiffanyisaacson1407 Ай бұрын
People don't know how to drive in the rain 😂
@ADBLOCKER4YOUTUBE Ай бұрын
"People don't know how to drive"
@googleuser868 Ай бұрын
The first snow of the season is a good time to stay home.
@johnjordansailing Ай бұрын
Bad move on the ads.
@skippyzk Ай бұрын
My car was totaled may 10th. I was in pain, and the paramedics told me I HAD to go in the ambulance (also my airbag went off) I have a lawyer who's going to take 30%. I'm still in pain today haha. At first the insurance company didn't want to pay the correct price for my vehicle. I had to get them to show me an explanation. They left out features. I sent them a window sticker and they gave me $2000 more. It goes both ways I guess
@TrutherOne-xv8nr7yj3e Ай бұрын
The insurance company really tried to cheat you since they already knew the features from your VIN. Good job guy!
@georgeallen7667 Ай бұрын
You NEVER have to go with an ambulance. They HAVE to obtain your consent. Otherwise, press charges.
@danielj3010 Ай бұрын
"In-N-Out in 30 minutes."
@googleuser868 Ай бұрын
Back in the day? Sure. I ain't as good as I once was.
@nikosolikos Ай бұрын
It’s simple, before buying something ask yourself “do I really need this?” Problem solved.
@googleuser868 Ай бұрын
Do I want to store it? Maintain it? Pay tax, license or insure it? Is it worth it?
@nealwhite5602 Ай бұрын
the scariest words - I'm from the government and I'm here to help -
@brianglas7768 Ай бұрын
I don't think anyone would turn down government help after a major disaster.
@Mia_linking Ай бұрын
At least we finally beat Medicare
@marknewton6984 Ай бұрын
What did he mean? 😮
@unisonosc1617 Ай бұрын
lol well said.
@skylady64ish93 Ай бұрын
@@marknewton6984he doesn’t know
@trixielatouche7180 Ай бұрын
@marknewton6984 Joe Biden declared that "I beat Medicare." Take that for what it's worth.
@redskinjim Ай бұрын
@@marknewton6984 he meant covid...not smart person
@borlanderobertson5666 Ай бұрын
That vacation pad looks awesome I hope you guys are having a great time❤
@MichaelBordenaro Ай бұрын
Its been great! We are having a blast, especially getting out of the Miami heat
@FATBOY2222 Ай бұрын
I’m ready to live in my station wagon down by the river 😂
@nilaja-itsmylife Ай бұрын
But they won’t let you. I met a man from Greece that said the oddest thing about America was homelessness is illegal. He said in Greece if you wanted to live out in the countryside and just live off the land. You could. 🤷🏽♀️
@OldLion64 Ай бұрын
@@nilaja-itsmylife Unless you come from central america. then they put you in a hotel room.
@robertmclellan154 Ай бұрын
@OldLion64 You just gotta hide your ID and tell them you are an immigrant. They cannot prove you are not one.
@TrutherOne-xv8nr7yj3e Ай бұрын
Be careful, those places flood.
@jefferykeeper9034 Ай бұрын
I live near the Toyota plant in Indiana and they just said that when they go back to work next month it will be the one shift
@CMBBmc-jd6ur Ай бұрын
Thanks for maintaining your integrity, Michael.
@seg83423 Ай бұрын
invest in a car dash cam and actually install it maybe even get a 2nd dash cam that faces behind out the rear glass
@rong4733 Ай бұрын
I agree with how they do roof claims; unfortunately, they need to be replaced after a certain amount of time.
@patriciaherbst9978 Ай бұрын
Buy Replacement Cost Coverage (get a new roof) More expensive coverage Buy Depreciation Cost Coverage (get a depreciated roof) Less expensive coverage You get what you pay for
@scorpiodurango6163 Ай бұрын
Thank you Sir Micheal! Shoutout from Montgomery Alabama!!!🎉❤
@patfiore7510 Ай бұрын
These are what you call insurance scams These little touch defender it should be outlawed This happened to our friend We were in the car he was driving the current front of those stopped real quick and we tapped the back of the carAll of a sudden they were on the phone Calling the friends to come over Their friends pulled up Pull in front of them Got out of the car and piled in the car that we tapped Police came they said they were witnesses and they were hurt We're weren't even in the car Be careful of that They're calling other people over They're piling in the car with them and they're saying that they got hurt and they are witnesses this was all set up and nobody's doing anything about it They're getting away with it that's why our insurance rates are going to go sky high through the roof
@SonuDR007 Ай бұрын
Was this in New Jersey?
@WildBikerBill Ай бұрын
That's why you need a dashcam.
@zacksweden519 Ай бұрын
Whoppers just went up 33%. On the BK app you could get 1 whopper for $3 once a week last week. Now that whopper is $4. In the collapse of society, I will miss Burger King whoppers the most.
@jamariiion Ай бұрын
Of all things😂
@CaseyCoombe-er9dh Ай бұрын
I manage a crew of about 50 people in the food service industry and although I’m not a fan of the concept of raising minimum wage if I was able to just pay less people more and accomplish the same task I would do it in a heartbeat
@user-fy4lv6mf5n Ай бұрын
Used to be lots of people knew how to get oem parts cheap…. At the junkyard off oem cars. Some people still do.
@mireederrick1977 Ай бұрын
The IMF Sucks 😂😂😂
@stephaniewilson222 Ай бұрын
Allstate did that. When our roof got old, despite never having an issue with it, they dropped the coverate to only 25 percent . When we finally replaced our roof, we replaced our insurance comapany as well.
@dannymeske3821 Ай бұрын
That's why they call them ambulance chasers!
@robertlaird6746 Ай бұрын
The only time I go out to eat is the Olive Garden for the lunch special and I go about once a month.
@Healingandchoices Ай бұрын
Hardly eat out at all. Could be years at a time with no outside eating. I can't see myself wanting to patronize a restaurant that lacks human interaction. Nothing about that is appealing.
@PistolPete1984 Ай бұрын
I had a 74 Firebird very fast car 3 speed manual 350
@Annajsee Ай бұрын
6:11 I feel like we’ve had a cooler than usual summer here in Wisconsin lol 🤷🏻♀️
@ECSS Ай бұрын
I agree, regarding unnessary lawsuits and being "sue happy". Needs to end
@jeffjohn9898 Ай бұрын
The IMF, 😂😂🤣😂🤣😂🤣😂🤣💣💥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥
@user-fe9nh4yj1h Ай бұрын
So I'm seeing some stories in the comments about Allstate hosing people on their roofs. I bought my first house 35 years ago, loved that house, worked as a mechanic so I didn't have a ton of money (financing is a doozy on a variable flat-rate income). About a year in to it, Allstate sent me a "we're dropping you because of your roof, siding, tall trees etc. letter). Even back then they shared info and it was difficult to get insurance due to blacklisting people. I fixed all of the "problems" which was very substantial for me financially and finally found someone else to insure me. Allstate has been up to these shenanigans for decades. I told them I would remedy the issues and they said basically "go pound sand." You're in good hands, lol. I'm a "never Allstater". I am a fan of this channel.
@Dontbeeadummy Ай бұрын
Michael, Thank you for not promoting that law firm. You're da bomb.
@111kodiak Ай бұрын
But he is promoting 'climate change'.... disappointing
@Dontbeeadummy Ай бұрын
@@111kodiak 🍪 here you get 1 just like a 3 year old toddler. Congrats
@prolific1518 Ай бұрын
@@111kodiak not believing in climate change is like believing the earth is only 6000 years old. Give it up
@amunderdog Ай бұрын
Been reading a fellows house burned down. It was an older home, but had been updated and maintained. Anyway same as your example. They want to depreciate the value of the home, rather than actual replacement cost.
@KaliBahayKubo Ай бұрын
"QUALITY IS REMEMBERED LONG AFTER PRICE IS FORGOTTEN "....OEM!
@kenlang2154 Ай бұрын
Another good one, brother.
@Scarredfan Ай бұрын
I've had 2 homeowners insurance claims in over 30yrs of homeownership. Once after Cat 4 Hurricane Charlie in 2004 and Cat 5 Ian in 2022. The night and day difference in dealing with insurance after each was insane! After Ian I paid to have a 24ga metal roof installed and it was almost $40k. It should be good for 30-50yrs but I wonder how long until homeowners insurance wants me to replace it again...
@Plantbased7 Ай бұрын
International Mafia Fund
@maxwolf8055 Ай бұрын
😂👍 Exactly
@ceciliaferraro6360 Ай бұрын
Thsnk you michael
@RepressedObeseCat Ай бұрын
"Goods Inflation" - China.
@fornos123 Ай бұрын
Wow! Michaels channel has grown so much. Congratulations Michael. Thanks for the videos and keep them coming. Inflation is scary. If it persists we are in big trouble.
@Lisithedogwalker Ай бұрын
🙏💕🙏
@johnnymidas5879 Ай бұрын
GREETINGS MICHAEL 🌴🌄🌴
@TrutherOne-xv8nr7yj3e Ай бұрын
Allstate refused to replace my roof from hail damage, yet every roof in my neighborhood (houses of approximate same age) were covered by other insurance companies. I was a loyal customer and never had a claim in 30 years. My only advice is: If you have Allstate cancel and get another insurer ASAP. Rockford, IL
@BlackManMeetsWorld Ай бұрын
SHOW THE PRICES!
@GaryH-pw9cm Ай бұрын
One thing that happened to me back in 1985 is I backed into a car while parking. I broke a cars taillight, no other damage. I left a note on the car. I got a phone call and the woman that owned the car said that she took it to a repair shop and they said that there was $2000 damage to the transmission, and she wanted $2000 plus $200 for the broken tail light. I told her to pound sand. Never had any more calls from her.