HIGH ‘RISK’: US families in jeopardy amid rare market scenario

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  • čas přidán 22. 05. 2024
  • Private equity fund manager Grant Cardone unpacks his warning to Americans about their retirement savings on ‘The Big Money Show.’ #foxbusiness
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Komentáře • 574

  • @nicolasbenson009
    @nicolasbenson009 Před 8 dny +1982

    We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.

    • @Hectorkante
      @Hectorkante Před 8 dny +2

      Keeping some gold is usually a wise decision. You would be better off keeping away from equities for a bit or, even better, seeking advice from an expert given the current market conditions and everything that is at risk with the current economy.

    • @Jersderakerguoe
      @Jersderakerguoe Před 8 dny +2

      You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst

    • @ScottKindle-bk3hx
      @ScottKindle-bk3hx Před 8 dny +2

      Could you possibly recommend a CFA you've consulted with?

    • @Jersderakerguoe
      @Jersderakerguoe Před 8 dny +2

      My CFA ’Melissa Terri Swayne’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

    • @jones9-
      @jones9- Před 8 dny +1

      Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.

  • @bernardallen55
    @bernardallen55 Před 10 dny +2321

    Inflation is far more harmful to individuals than a collapsing stock or property market because it directly affects people's cost of living, which they immediately feel. It is not surprising that the current market sentiment is extremely pessimistic. In today's economy, assistance is critical if we are to survive.

    • @andrewlogan7737
      @andrewlogan7737 Před 10 dny +5

      It has never been simpler to grasp how to expand your wealth than it is right now, thanks to the availability of competent portfolio advisors that can help you experience and learn about a market with a wide range of assets. I think it's impossible to predict how changing dollar values will affect assets.

    • @danieljackson87
      @danieljackson87 Před 10 dny +4

      If you lack market knowledge, your best bet is to seek advice or support from a consultant or investing coach. Contacting a consultant may sound simple, but it's how I've managed to stay afloat in the market and increase my portfolio to roughly 65% since January. It is, in my opinion, the best way to get started in the industry right now.

    • @mikeharry96
      @mikeharry96 Před 8 dny +3

      @@danieljackson87 That's something I've been considering. I have a lot of stocks that I've kept, but they're starting to lose value, so I'm not sure if I should keep them or sell them. Hiring your investment coach would make it much easier for me to rebuild my portfolio.

    • @danieljackson87
      @danieljackson87 Před 8 dny +2

      @@mikeharry96 Her name is Sharon Ann Meny can't divulge much. Most likely, the internet should have her basic info, you can research if you like

    • @dolanjordan
      @dolanjordan Před 8 dny +2

      @@danieljackson87 Thank you very much. I just checked her out and wrote her an email. I'm hoping she responds soon. I've been thinking about doing this for a long time, and I've already procrastinated enough.

  • @user-ny5xe2hx7t
    @user-ny5xe2hx7t Před 8 dny +544

    Stock investment has always been off the chart, it’s either you’re good at it or worse. It’s better to learn from an expert than venturing into stock market on your own 👌

    • @LeonorFerreira-ur5th
      @LeonorFerreira-ur5th Před 8 dny

      The previous year was difficult and never worked in my favor, I’m thinking about starting up on stock market investment

    • @KadreYilmaz
      @KadreYilmaz Před 8 dny

      I started paying more attention to stock and learning more about online trades few days ago, thanks for the advice, I wish everyone will take this seriously!!

    • @AnaOliveira-io1hx
      @AnaOliveira-io1hx Před 8 dny

      The economy is favorable to those who where able to get themselves into one investment or another, most people see investment as something big they can’t participate in because they’re too scared to venture into one.

    • @LouisMorris-vq8hf
      @LouisMorris-vq8hf Před 8 dny

      So true, thanks for bringing this up to my notice, the truth is this economy wouldn’t be so bad if people indulge themselves more with various investments rather than just depending on their stipends and savings, because the economy wouldn’t always remain as it was

    • @LexiPatel
      @LexiPatel Před 8 dny

      It is good we acquire as much wealth as we can, most people fail to understand what it takes to become wealthy, they want to become wealthy overnight by thinking their savings will help them attain that, they fail to understand that investment is what truly builds wealth. I advise you all key into investing and earn side money than depending on your savings if you truly want to be wealthy

  • @DixiDarlen
    @DixiDarlen Před dnem +265

    What amazes me is that so many people don't understand where our country is financially and on a world stage.. Mr Taggart is very conservative, yet he's ringing alarm bells. Most people I've talked to feel something on a world stage that's so devastating will happen before November this year. The banks run on lending money... which is a major slow down. Real-estate and construction are on a serious decline nationally. Are debt level is climbing wherein in 3 years are interest will be more than our total revenue annually. Right now in the first time in history the feds cannot bail us out in any major emergency without serious inflation. This all spells a reset which none of us know..... I would buy Bitcoin and buy hard assets like gold /silver as a store of value while also actively trading.....managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Francine Duguay, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

    • @DixiDarlen
      @DixiDarlen Před dnem

      She often interacts on Telegrams, using the user-name...

    • @DixiDarlen
      @DixiDarlen Před dnem

      @FrancineDuguay .

    • @AlexCruz-vg5rq
      @AlexCruz-vg5rq Před dnem

      Thanks for keeping it light and real at the same time. Much needed for us traders in times like these!

    • @23Lawhon
      @23Lawhon Před dnem

      The internet is filled with so many useful information about Francine Duguay crypto….

    • @Kronawitter198
      @Kronawitter198 Před dnem

      This is why it is advisable to connect with a true market strategist in order to avoid missing such opportunity and maintain steady gains.

  • @louis71350
    @louis71350 Před 6 dny +604

    I am an active duty service member and I have been investing for a few years. I have reached a point where I could benefit from financial advice to improve my $160k portfolio which seems to be stagnant and maximize return on my investment.

    • @WestonScally7614
      @WestonScally7614 Před 6 dny +3

      You didn't provide detailed information about your portfolio makeup. However, I recommend seeking guidance from a financial advisor for a well-informed portfolio restructuring.

    • @Mckennie61751
      @Mckennie61751 Před 6 dny +3

      De-risk your portfolios, shore up your core holdings, and take some profits while balancing your portfolio allocations. I’d also suggest you go with a managed portfolio, but even those don’t perform so well, so it’s best you reach out to a fiduciary financial advisor to guide you, that’s what works for my wife and I. It's been 6 years now and we've grown our portfolio to $1m.

    • @SageMadsen
      @SageMadsen Před 6 dny +3

      Your advisor seems competent. Could you share how I can reach out to them? I've recently sold some property and i am interested in investing in stocks.

    • @Mckennie61751
      @Mckennie61751 Před 6 dny +3

      I'm cautious about giving specific recommendations as everyone's situation varies. Consider independent financial advisors like "JENNIFER LEIGH HICKMAN" I've worked with her for 9 years and highly recommend her. Check if she meets your criteria.

    • @PowerRuckelshaus
      @PowerRuckelshaus Před 6 dny +2

      I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip

  • @FrankGallagherr
    @FrankGallagherr Před 10 dny +245

    Who wants to see Biden, Harris, Newsom, Adams, Hochul, Bragg, James, Willis, Schumer out of office, impeached, prosecuted…? ?

    • @bigcatauna
      @bigcatauna Před 10 dny +17

      How about reading their obituaries

    • @daleklan9899
      @daleklan9899 Před 10 dny

      I'd like to see a Republican party that doesn't govern like Democrats, but that won't happen either.

    • @michaelfirestone7440
      @michaelfirestone7440 Před 10 dny

      ALL BECAUSE OF BIDENS LIES,FJB,FJB,FJB,FJB,FJB,ALL BECAUSE OF BIDENS LIES,FJB,FJB,FJB,FJB,FJB,ALL BECAUSE OF BIDENS LIES,FJB,FJB,FJB,FJB,FJB,ALL BECAUSE OF BIDENS LIES,FJB,FJB,FJB,FJB,FJB,

    • @TomSmith-ls5rn
      @TomSmith-ls5rn Před 10 dny +10

      Prefer the Gallows.

    • @Houndini
      @Houndini Před 10 dny +4

      List is incomplete. Bring all them in a courtroom at 1 time DC would look like a ghost town.

  • @oliphauntsneverlie6227
    @oliphauntsneverlie6227 Před 10 dny +192

    How can 68% of people say they're worried about outliving their assets when over half the people have no assets at all and live paycheck to paycheck?

    • @saucysuishi341
      @saucysuishi341 Před 10 dny

      68% of the 1% lol. Not 68% of the regular folk!. JK.. retiree are dumb asf 😂😂😂

    • @thedude5040
      @thedude5040 Před 10 dny +7

      Part of your statement is correct. Part is incorrect. If you need help which one is incorrect just let us know. Hint hint the error "no assests"

    • @Richard-nr6qo
      @Richard-nr6qo Před 10 dny +1

      lol. You must be the one that does not have

    • @michaelfirestone7440
      @michaelfirestone7440 Před 10 dny

      ALL BECAUSE OF BIDENS LIES,FJB,FJB,FJB,FJB,FJB,ALL BECAUSE OF BIDENS LIES,FJB,FJB,FJB,FJB,FJB,ALL BECAUSE OF BIDENS LIES,FJB,FJB,FJB,FJB,FJB,ALL BECAUSE OF BIDENS LIES,FJB,FJB,FJB,FJB,FJB,

    • @allanmiller4972
      @allanmiller4972 Před 10 dny +2

      AMEN!! 2 that!! 👍

  • @victoriaabott
    @victoriaabott Před 9 dny +616

    Honestly, this concerns me and has left me uneasy. Especially this potential depression, no more a recession. I'm unsure about my $130K account strategy, considering the uncertainty of this whole recession mostly.

    • @MickyGlover
      @MickyGlover Před 9 dny +3

      If you lack knowledge about market investing tactics, get advice from a financial counselor.

    • @AmithKaury
      @AmithKaury Před 9 dny +2

      Agreed! this is why I work with one. My $520k portfolio is well-matched for every market season yielding 85% rise from early last year to date. I and my advsor are working on more figures for this year. IMO, financial advisors are the most sought-after professionals after doctors.

    • @kurtKking
      @kurtKking Před 9 dny +1

      I could really use the expertise of this advsors.

    • @AmithKaury
      @AmithKaury Před 9 dny +1

      Her name is 'MICHELE KATHERINE SINGH’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

    • @kurtKking
      @kurtKking Před 9 dny

      Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks

  • @georgehenderson7783
    @georgehenderson7783 Před 10 dny +178

    The whole country is in jeopardy because of Biden's handlers' policies. Thanks a lot Biden voters, thanks a whole lot.
    Change the way you vote in Nov. assuming it's not too late.

    • @bpb5541
      @bpb5541 Před 10 dny

      No you are not completely correct in this. Trump also gave out massive stimies ( I didn't hear anyone complaining then) he also gave out the largest tax cuts in history. This has been an input to the inflation we are experiencing. Please read a book on how this stuff works be for you go off half cocked. Did you see that if Trump gets reelected he promises to low taxes for everyone. What in the hell do you think that will cause. Yup if you guessed it hyperinfation. You think you can't afford anything now. You haven't seen anything yet. Your comment was sad it was so unintelligent. You probably don't know what the real definition of money is, or how money actually comes into existance. You are at greater risk than you could ever imagine. Biden sucks... Trump is evil. You will see.

    • @endofquoterepeattheline7516
      @endofquoterepeattheline7516 Před 10 dny +10

      Truth

    • @michaelfirestone7440
      @michaelfirestone7440 Před 10 dny

      ALL BECAUSE OF BIDENS LIES,FJB,FJB,FJB,FJB,FJB,ALL BECAUSE OF BIDENS LIES,FJB,FJB,FJB,FJB,FJB,ALL BECAUSE OF BIDENS LIES,FJB,FJB,FJB,FJB,FJB,ALL BECAUSE OF BIDENS LIES,FJB,FJB,FJB,FJB,FJB,

    • @coldblade666
      @coldblade666 Před 10 dny

      Unfortunately, you're falling into the political trap that the Cantillionaires want the public to remain within. Blaming the President, or targeting certain politicians. The reality is, the Federal Reserve is to blame, along with Congress. Take a little dive into learning how our fiat money system actually functions. The federal deficit has only increased with every president.
      How is money created? Congress votes on a spending bill, treasury bonds spring into existence, promising to pay back the money with interest. The largest banks (JP Morgan, Goldman Sachs, etc...) bid on those bonds then take them to the Federal Reserve (not a government agency BTW). The Federal Reserve "cashes" those bonds and new money is created in our system. Next, the Cantillon Effect takes place, and those closest to the money printer (Federal Reserve) get to spend the money first, and direct where it goes. They get the benefit of lower cost on goods and services because the newly created money which expanded our total money supply hasn't rippled out to the rest of the economy yet. So they buy cheap real estate, hard assets, etc... Inflation is a symptom of a growing money supply, it is literally designed to steal wealth from the public in a subtle way.
      If you pay close attention, those bonds that are promised to be paid back with interest can never actually do so. Imagine you print the first dollar into existence, but promise to pay it back with 10% interest. Effectively, you owe $1.10, right? where does that $0.10 come from? It doesn't exist in the current money supply of $1.00. The system doesn't work. Eventually, there will be too much interest owed on the federal debt, and the whole system will collapse. Right now, 40+% of our taxes we pay go towards paying the interest on our federal debt.
      The average duration that a fiat money system lasts is ~100 years as a World Reserve Currency. The U.S. Dollar has been the World Reserve Currency for 110. Our money is due for a collapse. The only way to protect your wealth is to put it into "hard" assets, and not keep it in cash. Hard assets are things that are hard to create more of, things like Gold, Real Estate, and yes even Bitcoin.
      Stop listening to the crooks in D.C. Do a bit of learning about what makes "Sound" money. Inflation is a Keynesian idea. Deflation is the goal, don't be fooled by those saying that inflation is needed to prevent people from hoarding money. Our whole fiat system is literally a giant Ponzi scheme.

    • @dondadondon1213
      @dondadondon1213 Před 10 dny +3

      TDS overrides common sense

  • @Larry1-pl2wq
    @Larry1-pl2wq Před 10 dny +201

    It's really concerning, especially for those with retirement accounts. People are losing a lot of their savings.

    • @reginaldhufenstien
      @reginaldhufenstien Před 10 dny

      Absolutely, it's a tough situation. I think it's crucial for families to plan their portfolios carefully during times like these.

    • @Churchillhump2268
      @Churchillhump2268 Před 10 dny

      Do you think traditional investment options like index funds or stocks are still safe?

    • @reginaldhufenstien
      @reginaldhufenstien Před 10 dny

      It's hard to say. With the global economy being so unpredictable, some are suggesting safer options like fixed incomes for now.

    • @louisahernandez
      @louisahernandez Před 10 dny

      I've heard that professional guidance can make a big difference in times of market uncertainty. Maybe it's worth considering a financial planner's advice.

    • @louisahernandez
      @louisahernandez Před 10 dny +1

      the problem is that you don't have the knowledge needed to succeed in a challenging market. Only highly qualified professionals who had to experience the 2008 financial crisis could hope to earn a high salary in these challenging conditions

  • @AlanDean-lt6jr
    @AlanDean-lt6jr Před 10 dny +58

    I'm so poor, ducks feed me bread...

  • @toddeckel9658
    @toddeckel9658 Před 10 dny +63

    They should be saying, the effect of gross government over spending, not "the effect of inflation."

    • @ChadR13
      @ChadR13 Před 10 dny +3

      Non-energy production brings all prices up

    • @ak6143
      @ak6143 Před 10 dny +1

      Not even govt over spending so much as printing endless money to do it

    • @lizzieb6311
      @lizzieb6311 Před 10 dny

      @@ChadR13 🎯

    • @jeffh3984
      @jeffh3984 Před 10 dny +2

      @@ChadR13 that plays a role. but it can't be denied that overspending, which leads to money printing, which leads to devaluation of the currency, plays a major role in inflation.

    • @jeffh3984
      @jeffh3984 Před 10 dny +1

      @@ak6143 the printing is a result of ovespending.

  • @alicegomez7232
    @alicegomez7232 Před 7 dny +576

    Amidst this market downturn, the idea of buying stocks is tempting. What do you think? I'm considering investing over $200k. Any thoughts on alternative strategies during this period of volatility?

    • @lucasanderson8993
      @lucasanderson8993 Před 7 dny +2

      It seems like there's potential, but caution is warranted. hence I will advice you get yourself a financial advisor that can provide you with entry and exit points

    • @mesutserim1595
      @mesutserim1595 Před 7 dny +1

      Having an investment advisor is the best way to go about the stock market right now. I used to depend on CZcams videos but it wasn't working. I’ve been in touch with an advisor for a while now, and just last year, I made over 80% capital growth minus dividends.

    • @wellsHannahh
      @wellsHannahh Před 7 dny

      Your advisor appears skilled. How can I contact them? I've recently sold property and aim to invest in stocks, seeking guidance.

    • @mesutserim1595
      @mesutserim1595 Před 7 dny +2

      Lauren Marie Ehlers is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

    • @wellsHannahh
      @wellsHannahh Před 7 dny

      I'm impressed with the advisor's prompt response and expertise. Their clarity and professionalism instilled confidence from the start. Excited to explore opportunities together! Thank you.

  • @kennethfarthing1474
    @kennethfarthing1474 Před 10 dny +36

    So we’re tax slaves

    • @Investormillard
      @Investormillard Před 10 dny +3

      So is your granddaughter!

    • @googleuser868
      @googleuser868 Před 10 dny

      Illegal emigrants are the newcomer tax slaves once indoctrinated.

  • @darkdan3379
    @darkdan3379 Před 10 dny +27

    Do a skit on how private equity companies are putting American citizens in the poor house...

    • @user-nv3kx2dl3o
      @user-nv3kx2dl3o Před 10 dny

      ?

    • @la5074
      @la5074 Před 10 dny

      Dont worry the US GOVERNMENT puts American & veterans on the streets and gives illegal immigrants hotel rooms and 1000. Dollar prepaid debit cards..

  • @MabelJackson-wm5pk
    @MabelJackson-wm5pk Před 10 dny +31

    Out of all the financial institutions on CZcams you are the only one who gives the easiest way to get rich. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject ..... Thanks to Laura Ferguson the lady that was recommended to me.....

    • @Wendy10926
      @Wendy10926 Před 10 dny

      That's awesome I know nothing about investment and I'm keen on getting started. What are the strategy?

    • @JanieBrown-qw8vl
      @JanieBrown-qw8vl Před 10 dny

      The initial step in successful investment is to establish your goals and risk tolerance, a task best undertaken with the assistance of a financial advisor.

    • @SarahWeeth
      @SarahWeeth Před 10 dny +2

      No doubt!! I never knew Laura Ferguson had gone viral. I decided to back up my assets and property with her when we met at a conference in New Jersey for the first time.

    • @VictoriaBenson-vg3lo
      @VictoriaBenson-vg3lo Před 10 dny +1

      I'm surprised you also trade with Laura Ferguson, she's the best at what she he does. At first i was afraid too before i gave it a try and realized fear kills dream more than failure.

    • @Lisa12696
      @Lisa12696 Před 10 dny

      the inflation has taught people important of multiples income,I feel really bad for those who are not in position to pay up their basics needs..my main concern is how can we generate more revenue?

  • @ediri8354
    @ediri8354 Před 10 dny +5

    How do you pull your 401k and roll it into a "Real Property" with out penalty? and besides these criminals running the Gov are coming for your real estate profits and for your realestate in general.

  • @VideovigilanteUSA
    @VideovigilanteUSA Před 10 dny +119

    This guy is a joke

    • @albertinsinger7443
      @albertinsinger7443 Před 10 dny

      Biden’s inflation is out of control. Biden is printing up money like there is no tomorrow. 35T $ debt now from 27T$ when he took office. Added over 8T$ or 2T$ per year. Causing massive inflation. Spending all this money on big government and green stuff. Even depleted the US oil reserves.

    • @TomSmith-ls5rn
      @TomSmith-ls5rn Před 10 dny

      Wow a gaggle of you jealous failures. Typical demoRAT's.

    • @tonyhibler7331
      @tonyhibler7331 Před 10 dny +1

      He is a “forest”

    • @BENGOLUB
      @BENGOLUB Před 10 dny +11

      I was expecting to see an actual financial analyst… Instead Grant Cardone a known scam artist is giving financial advice 😂

    • @go5582
      @go5582 Před 9 dny

      hi, like wise

  • @888strummer
    @888strummer Před 10 dny +35

    The yield curve was inverted for 500+ days only 3 times ever and that was in 1929, 1974 and 2009 and all 3 of the years saw a huge stock market crash of more than 50%. Gold and silver shot up in 2009 and were about the best hedge against the market crash, so it makes sense for every portfolio to have some gold and silver. It also makes sense to have a good chunk in 5%+ treasuries or cd's. Too bad the guest couldn't remember the 3 years; makes him look foolish to be this unprepared

    • @aliabidi1327
      @aliabidi1327 Před 10 dny +2

      Lol exactly, buy a house and cash flow, and the response was that’s so interesting and innovative lol 😂

    • @-don6496
      @-don6496 Před 8 dny +1

      Exactly.... foolish because he just wanted to tell everyone to take their money out of their 401k...really bad advice.

    • @-don6496
      @-don6496 Před 8 dny +1

      How the f would you advise someone to buy a property in this housing market?

  • @mariaalexander427
    @mariaalexander427 Před 10 dny +45

    Find someone better to give advice next time.🙄

    • @spooler7828
      @spooler7828 Před 10 dny +4

      He is not lying.

    • @lizzieb6311
      @lizzieb6311 Před 10 dny +3

      He’s correct…however there has to be something better than full liquidation and putting it into property. However, IF you can convert WITHOUT PENALTY then it is an interesting option for a good chunk of those retirement savings

    • @workappropriate3024
      @workappropriate3024 Před 10 dny

      ​@lizzieb6311 sure, listen to scammym Grant and convert your $200K life savings into a cash flow property at the highest interest rates and valuations ever in history. Nothing could go wrong right?

    • @mariaalexander427
      @mariaalexander427 Před 9 dny

      @@lizzieb6311
      🎯🎯🎯

  • @pixelzpusher
    @pixelzpusher Před 10 dny +13

    Take money out of the market and invest in real estate? That's some really bad advice.

  • @juanmgutierrez4188
    @juanmgutierrez4188 Před 10 dny +19

    Due to inflation the purchasing power lost 1/2 it's value since 2020

    • @RobC1999
      @RobC1999 Před 10 dny +2

      Not quite, I think it’s closer to 25% less. Depending on which product you’re looking at.

    • @haroldb1856
      @haroldb1856 Před 10 dny

      Bidenflation.

    • @jeantorres9741
      @jeantorres9741 Před 10 dny

      @@haroldb1856 not only Biden it’s the federal reserve scumbags as hell

  • @2Rugrats9597
    @2Rugrats9597 Před 10 dny +3

    If he says that, his money is in real estate and the average person can’t even afford a home.

  • @paulattaboyatreides6414
    @paulattaboyatreides6414 Před 10 dny +11

    Grant predicted 20 of the last 2 market crashes.

  • @johnsonstrapsman8
    @johnsonstrapsman8 Před 10 dny +73

    Curious if anyone here has tried copy trading.
    What was your experience? I’m relatively new to trading and I am looking study some traders and copy their open trades rather than investing myself and lose money emotionally…

    • @annamink6329
      @annamink6329 Před 10 dny

      I successfully trade in my own portfolio, and also follow others because I'm interested in their strategies. I realized I've got better at managing the trader's strategies too. There's nothing wrong at all with having someone far more dedicated manage some of your portfolio.

    • @bellajobb655
      @bellajobb655 Před 10 dny

      To be 100% honest with you. I had the same question 4 years ago. I was confused as heck. Now copying other traders for over 3 years, I would like to tell you, YES copy trading is a good approach. Just keep in mind that the success of copying another trader lies in their transparency. Make sure you know who you are dealing with before copying them. My two cents. Goodluck!

    • @clarabekkings5505
      @clarabekkings5505 Před 10 dny

      Focus on long term investments in property, stocks, and bonds. Avoid copying, daytrading and 'chart astrology'. Diversify across different geographies, industries, and value chain stages - to reduce your risk. You can do this with ETFs, or by selecting different stocks yourself. This is the best way to invest for more than 90% of people

    • @dennishubert1595
      @dennishubert1595 Před 10 dny

      Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again.

    • @CoraKennedy316
      @CoraKennedy316 Před 10 dny

      How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.

  • @andrej2375
    @andrej2375 Před 10 dny +19

    The recession of 2021...yeah, still haven't recovered from thta one 🤣

    • @saucysuishi341
      @saucysuishi341 Před 10 dny

      They only recognized it in last 2022 or March 2023. It was crazy!! Bidenomic ruined our finances.

  • @ddellwo
    @ddellwo Před 10 dny +9

    Was this guy aware that he was going to be on TV today………?????

  • @TravelingtheWorld96
    @TravelingtheWorld96 Před 10 dny +61

    Who is Grant Cardone...he is terrible.

    • @mariaalexander427
      @mariaalexander427 Před 10 dny +4

      I concur!👎🏽

    • @stephaniecorporandy7018
      @stephaniecorporandy7018 Před 10 dny +7

      He's not terrible his message is. Unfortunately, it's true.

    • @sy73326
      @sy73326 Před 10 dny +3

      It would help if you made a case for your statement

    • @brettmann6677
      @brettmann6677 Před 10 dny +6

      He's a billionaire who grew up poor....

    • @cryptomando
      @cryptomando Před 10 dny +14

      He's a MLM hustler that bought real estate with his scams

  • @jaysmith6863
    @jaysmith6863 Před 10 dny +2

    We didn't have credit cards back then to hold up the flailing economy

  • @rafaelmunguia940
    @rafaelmunguia940 Před 9 dny +2

    There is no hedge here!! If the market goes down everything else will go down.

  • @CerealOnWheels
    @CerealOnWheels Před 10 dny +28

    Ive been waiting for a correction for over a decade.

    • @Pooby1000
      @Pooby1000 Před 10 dny +5

      Were you in a coma through 2020?

    • @islandguy9380
      @islandguy9380 Před 10 dny +2

      We just had one

    • @islandguy9380
      @islandguy9380 Před 10 dny +2

      ​@@Pooby1000we also had one in 2023

    • @KPad87
      @KPad87 Před 10 dny +3

      Keep on buying no matter the situation lol.

    • @toncho8981
      @toncho8981 Před 10 dny +1

      @@Pooby1000 That was covid induced. It wasn't because of bad policy.

  • @BasementBerean
    @BasementBerean Před 10 dny +14

    Well if it's been like that for over five hundred days, what's the big deal right now?

    • @RobC1999
      @RobC1999 Před 10 dny +5

      Usually it’s not inverted this long. It’s a clear sign something is wrong when you, for example, can get more interest in a short term (6 months) cd, than a long term (4+ years) cd.

    • @ca8099
      @ca8099 Před 10 dny

      Why would that be strange though the fed plans to decrease interest rates in the future.

    • @robertfrey3880
      @robertfrey3880 Před 10 dny

      @@ca8099 because every time it’s been inverted and those years are 1929, 1974, 2008 and now and every time it was inverted and then when it gets out of inverted a bad recession has happened and one more thing the m2 money supply has contracted and that has only happened 4 other times and that was 1922 ,1929 I can’t think of the other two right now but also add in 2023 so you tell me what history is telling you.

    • @alphaj9
      @alphaj9 Před 10 dny

      @@RobC1999🤔

  • @chrischoir3594
    @chrischoir3594 Před 10 dny +12

    He doesn't even know the dates lol

  • @robertnunn3015
    @robertnunn3015 Před 10 dny +2

    This is another reason I just retired to SE Asia and the will never return

  • @chrischoir3594
    @chrischoir3594 Před 10 dny +8

    real estate went down 35% in 08

  • @caucasianafrican1435
    @caucasianafrican1435 Před 10 dny +15

    I can't pull out 401k $ unless I leave the Company, or turn 59.5 :-/

    • @aikofujita2420
      @aikofujita2420 Před 10 dny

      Maybe direct them to invest in low risk shares, or silver,gold, or other types of investment?

    • @x3dominator28
      @x3dominator28 Před 10 dny

      Move the money to bonds in the 401k, that’s what we did months ago

    • @oldscratch3535
      @oldscratch3535 Před 10 dny

      You can. you'll just take a massive tax hit.

    • @DrMike-eg8nj
      @DrMike-eg8nj Před 9 dny

      The things written are not a "version of the future"....
      It is the future!
      Digital currency is the way forward after the great reset...
      Now is to secure and have full alternative access to your finances and not controlled by the Fed anymore ....
      Get your money out of the banks, both IRA/
      Lobstr
      etc…… 401Ks, convert them to digital coins XLM, XRP and back them up in the recommended QFs ledger as soon as possible for safety.

  • @VRGamingTherapy
    @VRGamingTherapy Před 10 dny +3

    SO what? The market always comes back. No one "lost" anything.

  • @mikejohn7273
    @mikejohn7273 Před 10 dny +3

    Vote trump 2024 save america🇺🇸🇺🇸🇺🇸🇺🇸

  • @user-qr5vb3vm6e
    @user-qr5vb3vm6e Před 10 dny +7

    Already lost mine in three bank changes at the same building, different takeovers. All gone. Living on a prayer again.

    • @thedude5040
      @thedude5040 Před 10 dny

      Wtf? Sounds like you need to learn the word "diversity".

  • @OccultVolcano
    @OccultVolcano Před 9 dny +1

    And in many cases double jeopardy

  • @rogerm3708
    @rogerm3708 Před 10 dny +9

    Buying property doesn't protect you from a stock market crash. Months later, property values drop and rents

    • @user-vb5in3pu3s
      @user-vb5in3pu3s Před 10 dny +2

      Agreed I disagree with cardone. The best retirement asset is the one you can control and give to your kids to then take care of you

  • @thehunster1
    @thehunster1 Před 10 dny +4

    Inflation doesn't control prices. Really Grant?

  • @maryserfass3230
    @maryserfass3230 Před 10 dny +8

    This guy was very confusing to follow

    • @OccultVolcano
      @OccultVolcano Před 9 dny +1

      It's the 50000 invisible tax that throws most American families off. Red dawn was not televised. Taking the L now would have been...

  • @thelastswedishviking
    @thelastswedishviking Před 10 dny +5

    is that Cohen ?

  • @CONFEDERATEHERO-ig4sg
    @CONFEDERATEHERO-ig4sg Před 10 dny +10

    My nest egg is buried in my back yard.

  • @jaymcguigan2411
    @jaymcguigan2411 Před 10 dny +9

    This guy does not know what he is talking about concerning prices and interest rates.

    • @jamesrogers47
      @jamesrogers47 Před 8 dny

      This guy makes a lot of his money peddling his "get rich in real estate, pay me and I'll tell you how" scheme.

  • @scottzeezee4343
    @scottzeezee4343 Před 10 dny +1

    Big market crashes really hurt. But missing market increases hurts worse. Nobody really knows when either will occur.

  • @ChadR13
    @ChadR13 Před 10 dny +1

    Due to our dependence on gasoline from another country, this is what’s jacked up all the rates of everything.. it’s not spending

  • @jmcnally647
    @jmcnally647 Před 10 dny +1

    The freedom of the nation is not dependent on Wall Street. I wonder if there have been new meetings on Jekyll island lately?

  • @jeanah685
    @jeanah685 Před 10 dny +3

    Well he said a whole lot of nothing.

  • @Houndini
    @Houndini Před 10 dny +2

    Not only our lifetime retirement investments is going be hit but we are going get hit by all our politicians throughout the years these Politicians borrowing from our SSI system illegally now that catching up with them too. What I just put into SSI that was withheld from my paycheck if just basic little luck I would be a multimillionaire now at least I still have a wonderful retirement plan a lot better than I got now!!
    These politicians got a whole lot of answering to do. Blame game not going to work the day it’s reported our SSI system is flat broke.

  • @dennishungerford4146
    @dennishungerford4146 Před 10 dny +1

    401k account has 50% of what was put in!
    No matching fund survived inflation & taxes are still due on balance remaining?!

  • @johnpi2608
    @johnpi2608 Před 10 dny +11

    Come on baby, let the crash begin!!!!!

    • @al.g.7125
      @al.g.7125 Před 10 dny

      This market is way overvalued . Other than the rich we are all being scammed. I totally believe him

  • @Dee-ty9ny
    @Dee-ty9ny Před 9 dny +2

    2029? Really? What a steaming pile of NOT NEWS. WHAT A NOT! EXPERT PIECE HERE!

  • @johnlittle8267
    @johnlittle8267 Před 10 dny +5

    Grand Cardone with more BS as usual, he should stick with real estate, he didn't mention the market has earned 12.6% per year over the last 10 years and 9.9 per year for the last 20 years, which included two of his big drops that he is trying to scare everyone with.

    • @oldscratch3535
      @oldscratch3535 Před 10 dny

      When you factor in inflation and currency debasement you're likely just breaking even. So yeah, stock market go up...but so does inflation. And your purchasing power goes down.

  • @hymansahak181
    @hymansahak181 Před 10 dny +1

    So what are the 3 crash dates related to the 500 day plus inverted yield curve?

  • @DiscordOfDave
    @DiscordOfDave Před 9 dny

    Why are people just now talking about this? Investment channels have been warning people of the inverted yield curve for MONTHS

  • @-don6496
    @-don6496 Před 8 dny

    You never take your money out of your 401k! Your putting it into a property that "cash flows"!? With the housing market this high I can't begin to understand how that's a good idea.

  • @Johnninham-ur1dr
    @Johnninham-ur1dr Před 10 dny +1

    'Take your money out of the bank and put it in the safe under the floor at home!'

  • @kingscairn
    @kingscairn Před 10 dny +1

    He's talkin about investing in real property for income - real estate rentals - real estate and taxes - from the wall street skillet to the property crash fire - hilarious

  • @joenewmeyer8358
    @joenewmeyer8358 Před 10 dny

    Watched this back in the late 70's and 80's. You haven't seen anything yet. It's will catch up with us in another year or two. It's bad

  • @douglassmith9445
    @douglassmith9445 Před 10 dny

    There are way too many people worried about outliving their earnings. That is so ridiculous. You give it to your family and consider them blessed!

  • @cjmuniz12
    @cjmuniz12 Před 10 dny

    People should be more concerned about the next 12 months than the next 10 years.

  • @davidcarp5935
    @davidcarp5935 Před 8 dny

    Nest egg? More like just a nest, no golden eggs or even a quail egg! The nest is also full of kids who can't afford college, or if they do, cant get a job after cause entry level needs 3 yr experience plus probably 100 hobbies, clubs, community service, 20 letters of recommendations, own a side business, have novel prize etc.

  • @PersonalStash420
    @PersonalStash420 Před 10 dny +4

    Who is Emily Linge? 🤔

  • @RB-rv3yc
    @RB-rv3yc Před 10 dny

    This is guy who said if you weren’t making $250k a year you are a failure.

  • @ps603
    @ps603 Před 10 dny

    I feel that rich people/companies are causing this..Government stealing as hard as they can..

  • @nicomyth
    @nicomyth Před 10 dny +1

    Don't pull your money out! That is the worst thing you can do in a market correction. Instead make sure you are diversified in your investments. Single stocks are riskier than index funds. And understand that when the market corrects, it is a time to buy, not panic. Also in 1929 index funds did not exist. Trading was all in single stocks, so more people lost everything. If you stay diversified your portfolio should recover.

    • @billyhorton5779
      @billyhorton5779 Před 10 dny

      100% correct! Having cash on hand to buy when the market corrects is sound advice. Reducing risk exposure as a person gets older is the wise thing to do. All are proven investing principles. Buy low, hold, reinvest dividends, sell higher, works!

  • @23pinkpear
    @23pinkpear Před 10 dny +1

    and what an opportunity it will be ! I sincerely hope this happens i have been waiting patiently for 15 years for this never ending tech boom to end

  • @user-vb5in3pu3s
    @user-vb5in3pu3s Před 10 dny

    The best retirement plan is to have a business and let your kids take over and your kids take care of you

  • @mematt8955
    @mematt8955 Před 10 dny

    tax brackets need to be seriously adjusted for inflation. and this is a very inappropriate time to be introducing additional taxes. sounds like they want to initiate the crash by convincing people to dump their holdings before the capital gains tax goes into effect. that would guarantee a market crash.

  • @steveb796
    @steveb796 Před 7 dny

    Nest eggs are booming. The stock market hit yet another all time high.

  • @user-vb5in3pu3s
    @user-vb5in3pu3s Před 10 dny

    I am 32. This will be my third financial crisis since i turned 18. There was the great recession, pandemic with lockdowns and now this.

  • @Jen-je3jo
    @Jen-je3jo Před 8 dny

    Hunger Games. When I saw that movie years ago, I ssid that's where we're headed. Had some hope a few years ago but now it's extremely scary stuff.

  • @Imhimdogg
    @Imhimdogg Před 10 dny +1

    Honestly can’t wait till the markets tanks again. I’m staying liquid till then.

  • @zoelynch295
    @zoelynch295 Před 10 dny

    How can you pull your 401k out of management by your employer? You can’t, you have be fired or quit. They did this on purpose. We have no control over our own money and investments. I’d love to roll it into something else - HOW?????? Anyone know HOW while you are still employed?

  • @ricfax
    @ricfax Před 10 dny

    Media must be hard up for "experts" when you see interviews with the likes of Dutch Masters and Grant Cardone.

  • @ifearjesusonly
    @ifearjesusonly Před 9 dny

    They can just print more monopoly game money that controls your minds....

  • @Pooby1000
    @Pooby1000 Před 10 dny

    I thought a correction was defined as a drop of 10-20%.

    • @RobC1999
      @RobC1999 Před 10 dny

      Right, 50% is a crash.

  • @raphfelimax2713
    @raphfelimax2713 Před 9 dny +17

    I'm so happy I made productive decisions about my finances that changed my life forever,hoping to retire next year.. Investment should always be on any creative man's heart for success in life

    • @wilsonrichard440
      @wilsonrichard440 Před 9 dny

      Thanks for the advice! I'm new to financial planning and wasn't sure where to start. Any tips on finding a reliable financial adviser or resource to guide beginners? .

    • @wells7147
      @wells7147 Před 9 dny

      As a beginner, it's essential for you to have a mentor that is verified by finra and SEC to keep you accountable. I'm guided by a widely known financial consultant Stacey Macken .

    • @x0cat711
      @x0cat711 Před 9 dny

      Truly, investing has changed my perspective on how one can succeed in life; working multiple jobs isn't the optimal way to attain financial freedom and unfortunately, we discover this later in life. Currently earn as much as 12 grand weekly and this has improved my financial life

    • @FranklyHunt
      @FranklyHunt Před 9 dny

      YES! that's exactly her name (Stacey Macken) I watched her interview on CNN News and so many people recommended her trading skills, she's an expert and I'm just starting with her....From Brisbane Australia

    • @Ricgibs
      @Ricgibs Před 9 dny

      This Woman has really change the life of many people from different countries and am a testimony of her trading platform .

  • @jeffhenderson3184
    @jeffhenderson3184 Před 10 dny

    Buy food, people

  • @ramiroperez2461
    @ramiroperez2461 Před 10 dny

    If my brother gets laid off, he loses his house in a few months 🤦‍♂️
    That's not cool

  • @Jantv81
    @Jantv81 Před 10 dny +1

    Buy Silver !! That’s Gods money, not the Federal Monopoly money!!

  • @oliphauntsneverlie6227
    @oliphauntsneverlie6227 Před 10 dny +23

    Laugh all you want but I pulled all my money out of the market. I'll wait for better times.

  • @cjmuniz12
    @cjmuniz12 Před 10 dny

    1929, 1974, 2008, those are the correct dates.

  • @cbobrun1
    @cbobrun1 Před 10 dny

    Don’t worry, it’s only transitory. 🤣🤣🤣

  • @MrObeesho
    @MrObeesho Před 10 dny +1

    Don't even have to watch to know that this man has ulterior motives. Buy into his real estate course, don't put money in the stock market. But also only buy real estate as income producing asset, not live in. For that you should rent. Btw he will be happy to rent you a place to live. After you pay for his course.

  • @joeman1379
    @joeman1379 Před 10 dny +1

    So just get a bunch of houses...got it...

  • @JD-sw2qk
    @JD-sw2qk Před 10 dny +7

    None one can predict the market. This guy knows nothing

  • @carlturner
    @carlturner Před 10 dny +3

    A week ago squash was $2.49/lb today $2.99 that's 20% inflation in a week

  • @matthewsemenuk7544
    @matthewsemenuk7544 Před 10 dny

    I bet this guest would be that one or two guys or girls who ask "when rate cut?" at the FOMC meetings. Or ask about something that a central bank has no control over.

  • @cato451
    @cato451 Před 10 dny

    I’m living in the short part of the curve. Love it!!

  • @nikosniko7092
    @nikosniko7092 Před 10 dny +3

    I’m just going to move to. Remote island in the med

  • @0xDanielCamarillo
    @0xDanielCamarillo Před 10 dny

    Did she said 2029??

  • @porkyfedwell
    @porkyfedwell Před 10 dny +1

    Doesn’t seem like he has any facts.

  • @wishbone103
    @wishbone103 Před 10 dny

    Government wasting our money is the problem. Its always the problem. Analysts have predicted for years that China would surpass the US as the world's biggest economy thanks to its rapid growth rates and slowing expansion in the West. Goldman Sachs began speculating in 2003 that China could overtake the US by 2041. At the time, China was just 15pc of the size of the US.Jan 31, 2024

  • @bigdbassn4489
    @bigdbassn4489 Před 9 dny

    Your 401k is only at risk if you are deciding to need the money in the short term. Its actually a better thing for market values and securities to be "lower" when you are saving your money. You want to buy the securities at lower prices, not higher prices. Then when you retire, you of course want your values to be higher. Use a downturn as an opportunity, not something to be afraid of and fear.

  • @islandguy9380
    @islandguy9380 Před 10 dny +3

    What's this guy short selling now? 😂

    • @Winstonrodney6989
      @Winstonrodney6989 Před 10 dny

      Isn’t this one of those channels that tries to sell over priced gold to old people during commercial break. Not where I am going to get my financial advice. 😅

  • @danielreed4164
    @danielreed4164 Před 10 dny

    Coming from the guy that tells you not to buy a house and rent.

  • @Literallyarealhuman
    @Literallyarealhuman Před 10 dny

    Pensions aren’t even worth anything right now anyway