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.

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

I appreciate the implementation of ideas and strategies that result to unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?

Finding financial advisors like Marisa Breton Dollard who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

I greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look Marisa Breton Dollard up and send her a message. You've truly motivated me. God's blessings on you.

Maturity

Absolutely

I will exchange my house (sell and move and buy another). But as far as sell just to beat the decline....nope. Realtor fees and moving expenses makes it not worth it.

@@BillyO8828 Ha! Realtor fees! I'm in Australia. Over here we have stamp duty (tax) on the purchase of a house. And houses aren't cheap, either. An average house in Melbourne is $1m Aud. The state government wants about $55k on top of that, then you've got your legal fees, moving and so on. And then you've got the 2+- % that the real estate agent is going to charge you on the sale of your existing house + advertising etc. You drop close to $100k on the exchange, really quickly. That's above the average wage here and well above the median.

Nobody owns real estate you rent it from the government. I know many people who have a house with out a mortgage whose taxes are higher than the mortgage payment used to be. Stop paying rent to the government & you will find out who really owns your house.

Good point.. the market has been crazy lately, a few surprises here and there.. with all the global happenings taking place I think it’s safe to say that a severe global recession is looming..

Oh yeah! You can definitely say that, it does worry me a bit, but not as much as it would worry the average guy, my investment portfolio has survived a couple of recessions unscathed.

Been privileged to be guided under the stewardship of an extremely gifted investment manager by the name ERIC PAUL ELMER

Oh really ?! Tell me more!

Sure.. Eric Paul Elmer has a really unique gift of being able to looking far ahead down the road to spot future investment portholes and possible major mishaps, so he helps me make the safest investments and also helps me hedge all my investments against possible future downturns

Some people have to move for a job or a school they have no choice.

Mine is 6.6 percent 😩

@@FortuneSeek3rz they can choose to to not relocate. Everything is a cost/benefit analysis.

Well they are relocating! We will do the same in 2 years. We know the interest rate will be higher than our 2.25% but when my husband retires from the military, we are relocating. We knew this wasn’t our forever home, nor location but it was a great buy and our home is up between $80k and $100k in value.

i'm selling my denver metro house for 500k. moving from 3800 prop taxes to 100 acres and 482. i can live with that.

Lol I am trying to do the same but it’s hard how did you do it? I deleted my instagram but i am on KZfaq and Facebook can’t let go

@@Hello-iz9hl I quit with politics and the news including most KZfaq and articles on the topic. I actually haven’t watched TV in 15 years, just KZfaq.. Then I quit clicking prepper videos and the ones that talk about the economy crashing, doom and gloom. I don’t care to hear about it from friends and family either. I replaced all that with what my current interest or hobbies are. I’m into camping and camping trailers, also woodworking and many other topics. So I just focus my time on positive interest and I’ve become happier. Quitting the news was the best thing though. I still have instagram and can choose who to follow or not.

Well, you're still watching KZfaq lol

Ignorance is bliss until what you are ignorant about catches up with you

Isn't this the internet?

If you need advice, consider speaking with a financial advisor. Don't get me wrong, you can do it on your own, but financial advisors have a lot more knowledge and expertise in this area.

you are completely right, Advisors have information and paths that are not disclosed to the public.. I profited £560k in 2022 under the tutelage of my Fiduciary-counselor. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.

incredible, a fantastic start to financial independence! How can I contact your FA.

Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with ‘’Colleen Rose Mccaffery” for the last five years or so, and her returns have been pretty much amazing.

I just looked her up on the internet and found her webpage with her credentials. I wrote her a outlining my financial objectives and planned a call with her

Nobody owns their house, big bro does.

​@@08turboSSI own my house. So do millions of other people.

Bingo, its that selfish greedy mindset , borderline a strange ego chemical in the brain that constantly needs feeding lol strange

So true. And if your are not planning on selling it anytime soon, it would be better for your house to drop in value so that your property taxes go down. A high value home means nothing if you aren't planning on selling it. Other than that, I'd rather have a home that goes down in value to keep those taxes down.

couldn't***** Americans....

Even if the market does go down, if you wanted to move you're buying in the same market anyway.

Expensive homes hurt everybody except for the banks, real estate agents, insurance companies and the property taxing districts.

Not even sure accelerating payments to pay down the current mortgage makes any sense either. Put extra cash in short term very safe t bills with 5.3% yield versus paying down mortgage costing only 2.5% interest which is even less than that with tax deductions. Almost 3% higher net effect to the positive side with t bills.

Efing Correct!

Then they'll make a movie about his genius prediction and how everyone called him a fool!

Economists have accurately predicted 10 of the last 2 recessions

RK is a complete fraud.

Ahh yes, just like Peter Schiff too. Yet these idiots have so many followers. Sad.

Just like Peter Schiff (oh he was right that one time in 2008!). Permabears are the worst.

Yes. He has no idea what’s about to happen. It’s sad.

It’s ok. The house is to live not to sell for profit.

@@britneythao tell that to corporations and the like.

@@bellmattwebb Silly, why would I tell that to the corp. MY HOUSE is to live, not their house. Stupid.

@@britneythao Bless your heart

My suggestion to any investor old or new is to get a mentor and don’t just go buying stocks without proper considerations. Most of what is pumped out by the media is what most KZfaq ‘fin-entertainers’ churn out to you as fear uncertainty and doubt.

Agreed. That and reading some basic principles laid out in books like The Intelligent Investor by Benjamin Graham. There are also good KZfaqrs out there like Felix, Graham Stephan, Humphrey Yang and a few others, but generally you are right.

Its unclear which stocks and sectors will lead the market in the next uptrend. Stay away from the stock market if you do not have guidance from a plannner and investment strategist. My finances have been in order since I got a wealth planner like Monica with a 600 B AUM working for me.

Who is this monica you speak about? I have also been searching for a fin-adv who can direct us on where the economy is headed new year. I don’t live in a big city.

Monica Mary Strigle just do your own research you’d find details.

Alot of wisdom in that family, bless him for sharing it with us

Its obvious. Wealthy people like Trump and Biden don’t feel nor experience the same pain the rest of us do so it’s really difficult for them to relate to our reality. They don’t see it until THEY experience it themselves which never happens.

@@MyVisualRomance The difference between haves and have nots is the failure of have nots educating themselves on basic economics and disciplining their money management habits. It may not be easy or fast in improving ons’s economic position, but applying sound principles in a disciplined manner will result in one’s economic situation but faith and patience are required. Some people enjoy the benefits of being born into such well managed finances. But not having that advantage does not doom a person to continued poverty. Recognizing what it takes, and being willing to put in the effort to excell is the path to financial success. Chasing the latest pop culture materialism, and with borrowed money, is road to perpetual economic hard times. I know this because it worked for a pair of uncles and for me when I independently followed their examples.

And many others have said "it's going to collapse this year" every year since 2015.

@@amireallythatgrumpy6508 Every year since 2008 the US was suppose to go into Mad Max.

@@amireallythatgrumpy6508lol

Yup. We happily sold and made a nice profit 2 months before the crash. :)

@@seabreeze8467how do you like renting for next 10 years

People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.

Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian.

Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things

Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit

I'm surprised that you just mentioned and recommend Mr Brian Nelson. I met him at a conference in 2018 and we have been working together ever since.

She calls him out on his bs

@jayc4715 she is the only one that can is why I like when both of them are on together. All other hosts have to cave to their boss to keep the money coming in whereas she gets to be a little more debating with him.

@@Bamapride1985 yea the others are yes people.. catering to their narcissistic boss...while I agree with Dave's tactics I despise him as a person

Why would black rock buy a house and make less money on it than just putting money in a CD?

Only an idiot would buy over rent in this market

@@grod805it's a cultural investment--not financial. Like how Elon Musk bought Twitter for the cultural investment and to make his "everything app," the theory of black rock is that it's to change the culture and get enough properties to influence housing costs overall so they profit OR convert homes to multi-family places

It makes no difference, they'd just buy them all up in three years when EVERYBODY goes into foreclosure anyway.

And?

​@kbanghart therefore they shouldn't worry about the price of their home. Did you watch the video?

@@superblump87 common knowledge

The reality is Denver is gaining thousands of people coming across the southern border so good luck with low housing prices. These people are more of a priority by the government to be housed than regular people. Judging by the policies in place.

if they lose 1 million population, it expect the house value to cut by half in Denver

A home should be considered a consumer good not an investment. After paying the taxes upkeep & real estate commissions if you sell be happy if you are only slightly poorer than when you started

Over inflated values. Sell while its still over valued.

And expenses with moving and selling... all that hassle.

Warren Buffett has more money than most people 😂

​@@D.von.NIf you're single, that's the best kind of freedom as far as having to move stuff. But if you're in a family, then you basically have to go with whoever wants to take the most stuff 😑

The value of your house doesn't matter unless you intend to sell. People need to stop looking at the prices.

@@cupbowlspoonforkknif it's the payment people are worried about, right?

I bet you are saving $$.. Is it easy to get used to leaving in your car?

Where do you get your mail?

​@@user-ek3jj2oi7y lol good luck. I feel bad for everyone who is unhoused and wants better. Think about where to keep any nice clothes you might have to use. Where to shower, how to cook meals, where to get anything in the mail, use your car battery to charge your stuff? Wash your clothes? What about if you start feeling pain from sleeping in the car? Etc etc. For some people I'm sure they make it work fine, but....

@@strangeroamer3219google

@@strangeroamer3219 Probably has a PO box, that's usually what people do when they don't have a residence.

People used to say Covid and lockdowns would never happen. Well, it did happen. The collapse of the economy is absolutely possible. Nothing is off the table in 2024.

right. If you know what will happen or won't happen, you will be a millionaire easily.

@@johnathin0061892 People never even mentioned lockdowns until they happened. They never said they weren't possible.

To an extent, yes this is true, but he also spoke of the Denver market, and housing tends to be area by area.

@MarcusKiner BuT My SiTuaTiOn is DiffErEnT. Because we own homes that were bought in a state that starts with a C under a full moon.

@@lolwtnick4362 you should do some research. The housing market doesn’t boom or bust all at once.

or silver and gold... a terrible idea.

Holy crap how?? In Canada went to 8%

In America the rate they purchase is set for the full ammortization period while in Canada you have to renew every 5 years

Location matters lol it's more nuanced than that

Very true. The housing market in Atlanta and surrounding metroplexes won’t be going down. Houston as well.

Then wages had better increase a lot.

But neither of them are telling the truth, they’re both heavily invested in real estate. This is like asking a guy that invests all his money in gold of gold is ever going to go down. His opinion is worthless. If you actually do the research you can see the avg house value is dropping… and has dropped, with its peak in the end of 2022

If you can borrow money at 2.5% in a currency that’s depreciating at 5% do that all day long .

Exactly.

​@thebeegood1731 they are not in survival mode so they got time to worry and make $hi+ up 😂

It's because people are just slightly smarter monkeys. Yes, even you. Yes, even me. Yes, everyone reading this. The reality is that we are dominated by our emotions. We all make emotional decisions nonstop all day every day. Some subtle, some not so subtle. Managing money is just as much about managing emotions (e.g. impulse control) as it is about having the knowledge and intelligence. It's the same reason for why even doctors can struggle with mental illness, for instance. We all have a nervous system that is complicated and composed of many things. All these things connect back into our emotional center, which are some of the first parts of our brain to develop.

They are for asking and over. That has been the norm for a few years now.

All you need as a beginner to make good interest is a professional miner who will guide you.

And this is the time to put money into bitcoin cause of the high rate

I propose Lexi griffiths This lady is from United K. and her strategie works like magic

There are many types of buy and sell real estate stocks gold silver, cryto Stablecoins Airbnb, ETFs

I heard about this same Lexi somewhere as there are testimoni about her, I'm buying with two thoughts

In my opinion I feel for a successful long term strategy you have to really seek guidance from a well inclined expert truly they're the ones making the best from this current situation.

I wholeheartedly concur, which is why I appreciate giving an investment coach the power of decision-making. Given their specialized expertise and education, as well as the fact that each and every one of their skills is centered on harnessing risk for its asymmetrical potential and controlling it as a buffer against certain unfavorable developments, it is practically impossible for them to underperform. I have made over $745k working with an investment coach for more than two years. FACTS!

Interesting, I’ve actually been looking into advisors lately, the news I've been seeing in the market hasn't been so encouraging honestly. If you don't mind me asking who's the person guiding you?

She goes by ‘Wendy Birkett” 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.

Honestly I appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look Wendy Birkett up and send her a message. You've truly motivated me. God's blessings on you.

Poor guy is clueless man!! He is going to do what his wife tells him to do anyway haha.

Well, IF it "crashed", and prices dropped, say, 30%, selling it now would allow them to extract $210,000 more equity (assuming their house is now worth $700k) versus riding the price down. Then they could do whatever they wanted, including buying a similar house for $490,000. All hypothetical, but it was your hypothetical & question...

@@Run4Ever77 It does not matter how much the house it worth. You don't sell just because you think it might "crash".

@@jimmymcgill6778 That is a different point. I just answered your original question. And to your second point, some would think it's worth it, some wouldn't.

Same here - we were just looking at houses yesterday in Cherry Creek. House prices aren't going down for sure!

There's a huge bubble there, not looking good. I would be getting out, before it's too late (might already be).

he couldn't stop bragging about how well they were doing

She's the cause.

Haha exactly what I was going to say. To be fair her job is probbaly stressful but she needs to get a hobby that helps with that.​@@Run4Ever77

Exactly. Places in Florida are down 20%.

Why would he Real Estate is his bread and butter. It makes no sense for him to say prices are coming down or the housing market is crashing.

Yeah, a crash really is coming. There are millions of broke people everywhere. I have no debt. Done with this dumbshit.

100%. Being unstable in nursing or Med school attracts you to the specialty.

Every other kind of nurse believes this 😂

Yeah, like that foolish Michael Burry guy in 2005/2006...

Which is a far cry from the what 20% the year before. And that 6% is a national average.

It's not. A new mortgage on the same middle class price point can easily add $1000/mo right now. Average Americans can't suddenly absord a $1k/mo interest expense.

@OtisFlint My rent is 1,000 dollars cheaper than a mortgage in my area, not including whatever is included for rising mortgage and insurance costs. Keeping a house for decades because of unnaturally inflated home prices because of a pandemic isn't a long term solution if you don't want the house.

There is the problem

I bet she is on meds too, most are.

​@feelnrite wonder if that's true. I only know one and she's on a lot

@@MeltingRubberZ28 I think so, my mother before she died was having panic attacks and I over heard a group of nurses talking about all the stuff they were on and what it did to them at times.

The key to making money in any market is to sell at the peak & buy at the bottom. What makes a market peak ? Almost everyone is in the market what makes a market bottom? Almost everyone is out of the market. If you think about it most people are going to lose gambling in the market. buying at the bottom & selling at that top is easy in retrospect but it is almost impossible to do in real life because every bull & bear market generates its own inner logic which is difficult to resist. I know Dave thinks of himself as the exception but when the bear hits & the losses start mounting he or more likely his wife will panic tell him to sell ( your wiping out our life savings you idiot!)

👏🏻👏🏻👏🏻

Why on earth would pay the minimum

Ye people don't understand that when your house loses value, so does all of them. You sell for less perhaps, but also buy for less...

@@nickchapman3199 2.5%, no reason not to.

@@nickchapman3199because he’d get better returns putting his money into treasury bonds than he would paying down the interest in his mortgage

That's honestly very sad. Our worst enemy is often ourselves and our own negative thoughts unfortunately. Sorry to hear about your brother.

Wow sounds just like church people

that’s it blame it all on him

@@hysongreen Yes

The economy is already collapsed most don't know it. We will see a great depression 3 when AI takes over and the dollar is being devalued.

It will crash and we’re all screwed

@@HOLDXSTEELit’s crashed 3 times in my adult life and somehow we’re all still here

lol right

@@TonyCox1351 but it still crashed…?

@@HOLDXSTEELonly if you got yourself in a mess.

No. He said, “I don’t want to talk down about her” - yet this entire call is about calling his wife looney.

That’s not even what he said lol

People are noticing the crashing value of the Dollar every week at the grocery store. It is not hard to see.

Crashes will always happen, just nobody can predict them. But they will come

Don't forget about the people who say "We are in the end of times. Bejebus is coming back soon." People have been saying we are in the "end of times" every year, for...let me calculate....2024 years now. LOL

​@@RusskiCommieBotok MAGA

​@@RusskiCommieBotits bananas as much as I love this chnls content , incredibly irrational to not acknowledge the u.s.d / c.a.d is beyond a dumpster fire .....

Because it’s crazy expensive with high interest rates. FED already stated that interest rate won’t go down this year. Remember Dave’s bread and butter is the housing market so you tend to be more pro housing prices going up then down.

Home values keep up with the S&P so it’s not a bad way to spend money at all.

0% interest on $0 principal beats 2.5% any day. Borrower is slave to the lender

@@TS6815 ah, that old dumb saying. S&P 500 from 2021 up 24%. Heck, tax free municipals may 4.7%. CD's at 5%. Debt free fanatics paying off 2.5% loans early are inflicting financial self harm because they can't do math.

@@CurieBohr Home values are not lockstep to the S&P, but are much more locality driven. But, even if they were that makes early pay off even worse. You still get the increased value at sell off, plus instead of rushing to pay off 2.5% interest, you are clearing 8 to 12% back on moderate growth ETF's. There are safe, insured, guaranteed investment vehicles paying twice that interest rate right now.

Paying 2.5 % and making 12 % is a 10% gain. Hardly a slave.@@TS6815

Absolutely! Most undervalue advisors, but their expertise and risk mitigation strategies are invaluable for savvy investors. For those with busy schedules, monitoring the market is challenging, so we delegate to experts. I'm currently working with one, and my portfolio has grown to $1.3M, a 25% increase from last year, with robust diversification and inflation hedging.

This is mind blowing! As a young adult inheriting about $500k and new to stock investing, I'd greatly appreciate it if you could direct me to your advisor. I can't afford to make costly mistakes.

"Jill Marie Carroll" is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.

Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.

What does that have to do with anything?

Your point???

People aren't getting variable rate mortgages like they were prior to two thousand and eight. Unless we stop having record low unemployment, we shouldn't see another wave of foreclosures.

And they had trouble selling them, because buyers were petrified, millions were out of work, the stock market was in the toilet, and most of the people who had been waiting for a good time to buy, now weren’t in a position to make the biggest purchase of their life. People act like a major market correction is the perfect time to buy when in reality you might be sitting in the unemployment line.

@@TonyCox1351 I know someone who was waiting for a crash in 2020 and lost his job. He’s still renting. In 2020 he had the savings and income to buy but was waiting for a foreclosure wave.