Back in the day, when I purchased my first home to live-in; that was Perth in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.
If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.
Home prices will come down eventually, but for now; get your money (as much as you can) out of the housing market and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes.If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Annette Marie Holt for about 3 years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
We are currently in the jaws of the worst bear markets I have seen, the average stock has been cut in half, and the only way to make money this year has been to either short or to trade long in very short time frames. I'm still at a crossroads deciding if to liquidate my dipping $117k stock portfolio, what’s the best way to take advantage of this bear market?
Focus on two key objectives. First, stay protected by learning when to sell stocks to cut losses and capture profits. Second, prepare to profit when the market turns around.I recommend you seek the guidance a broker or financial advisor.
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
Finding financial advisors like Melissa Terri Swayne 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'm employed. I worked 1 day in June, 1 day in July &, hopeful for a couple of days in August. Oh well. Taken control of my super to invest in disruption.
Australian GDP grew in the March quarter, so we haven't had two successive quarters of negative GDP growth (definition of recession). We're certainly in a per-capita recession but not a technical recession. So there's that...
Classic anti-nuclear obfuscation by pro-wind, pro-solar operatives. Step #1, claim that nuclear takes too long to build. Step #2, do everything in their power to use lawfare and over-regulation to force nuclear projects over budget and beyond schedule. Note that this podcast speciously selected three projects in over-regulated jurisdictions to support their specious schedule argument. Not one of a dozen projects that directly refute their claims. Paper thin anti-nuclear propaganda.
This from a bloke who was brainstorming ways of taxing people out of their homes. Complaining that people won’t surrender their bedrooms for the greater good of the population Ponzi scheme. If you don’t like betting then don’t bet.
never stand between a politician and a bucket of money. Notice all major parties & media are pretty much silent. This why you need to actually be a parent & not rely on a device to raise your children.
VBTC or BTXX I have vbtc which has reduced its management fee to 0.49% Not sure what btxx is as it was second. First get most. DigitalX is first in holding digital assets and listed on ASX. Just disappointing that it has such a small holding but has potential to increase.
Love that you're bringing awareness to what's going on behind the scenes. Can't believe how easily this is swept under the table. Profit for politicians at the cost of society. Dissapointing but not surprising...
I feel sympathy for our country, low income people are now suffering to survive yet inflation and recession keep increasing daily, many families can't even enhance the good cost of living anymore. You've helped me a lot Sir Brian! Imagine I invested $50,000 and received $190,500 after 14 days
Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.
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 C Nelson.
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Belinda Owens.
I'm surprised that you just mentioned Belinda Owens here also Didn’t know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.
Belinda Owens has really set the standard for others to follow, we love her here in Canada 🇨🇦 as she has been really helpful and changed lots of life's
3:47 yup. Build the habit of investing now for future consumption. The fees will dictate when you progress. My micro fees are 0.6% so I'm looking to find lower fees but i like Australian exchanges.
For 15 years I've had a diverse 20+ portfolio. Picked some winners, also rans and, some are no longer with us. Late last year I've reallocated. Plan is to be more concentrated in disruption and under 10 items. 1 Property Hyperion vBTC Tesla MicroStrategy DigitalX Palantir I think they will all do quite well. I'm expecting in 10 years time to have to pay unrealised capital gains tax😂 - paying tax means done really well. Oh well.
Great Insight! Have also wandered whether measing the value of equities against the currency purchased them in was the correct metric - especially given that over time debt will be inflated away or currency will change value.
2019 , labor were looking to tackle the incentives which made housing an investment portfolio but now they're in on the investment property boom ; the real estate industry successfully lobbyìng thè govt . The biggest cost of living problem is housing and only the greens are willing to tackle it ; don't know about the independants !
TRILLIONS $ are not 1 >gram of GOLD ✅US $ are >ONLY <PAPER<✅ The USA has cheated the WORLD out of almost millions x TRILLIONS US dollars for 53 years since August 15, 1971 The USA must pay back the WORLD to all COUNTRIES. Also, the USA cheated their NATION >>> 36,000,000,000,000 US $ The USA STOLE all the GOLD of all the countries in the WORLD by getting oil and instead giving us FAKE dollars printed on paper and RESERVING GOLD in their TREASURY. > NOW < TRILLIONS US $: are not 1 >gram of GOLD. ( BECAUSE >>> Richard Nixon > DELETED < the US dollar's GOLD STANDARD. That's why TRILLIONS of $ are not > ONE CENT OF GOLD ✅US-$ IS >ONLY <PAPER> ✅ That's > EVERYTHING./- ✝️Dr. Samuel G. Nejad✝️
How can he be all over the macro / us currency debasement / us debt / liquidity / secular trends / weaken usd / end of petrodollar / inflation / deflation theme and not be wildly bullish on bitcoin?
You've made your most recent video ("Essential Rules...") a 'youtube kids' upload, meaning people cant comment nor watch it in certain formats. Wouldn't be surprised if it was deliberate to avoid the comments of detractors with some of the extremely questionable experts you have on here (littered between perfectly respectable people which is confusing).
The Fannie May and Freddie Mac comments were brilliant. Absolutely brilliant! They will be what drives things from hyper debt bubble, to everyone all-in, then bust in 2028-2030
Hi. Comment to the viewers after 460. Company with moats - Tesla. Microinvesting - bitcoin on Oz platform can cost 0.6% which way less than equities. Investing in disruption can pay off. Disruption is coming.
Market crashes are an important opportunity for wealth transfer. We had one in 2008-9. When will the sub 30 yo have that opportunity? Well. It is there if you look.
19:30 slowly more and more are storing in bitcoin. Morgan Stanley have started (8/8/24) to recommend to their customers to have bitcoin ETFs in portfolios.
