“They Are Stealing Your Money!” - Michael Saylor Reveals Why Storing Money In Banks Is a Mistake

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In this short clip, Patrick Bet-David, Michael Saylor, Tom Ellsworth and Adam Sosnick talk about whether storing money in banks is a mistake.
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Опубликовано:

15 июн 2024

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Комментарии : 3,8 тыс.

@VALUETAINMENT Год назад

Do you agree with Michael Saylor?

@MikeR196 Год назад

For sure! Get you some on a Trezor stashed away securely.

@johnathanmeeks58 Год назад

He sounds like a guy who is bought.

@Kwijibob Год назад

I haven't trusted banks at all since 2008

@Nomad_Briggs Год назад

He's pumping. The minute he recoups his unrealized losses, he sells everything and drives the value into the tank.

@Kev_Ridge Год назад

Sounds like someone who is and will be heavily underwater and is trying to get people to pump his bags.

@jameswood9772 4 дня назад

I'm in my 50s and I'm more interested in investments that could set me up for retirement , I mean I've heard of people that netted hundreds of thousands during these crash, I listened to someone on a podcast who earned over $650K in less than a year, what's the strategy behind such returns?

@alexyoung3126 4 дня назад

Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.

@bobbymainz1160 4 дня назад

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.

@williamyejun8508 4 дня назад

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.

@bobbymainz1160 4 дня назад

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

@williamyejun8508 4 дня назад

Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

@fedvvvv Год назад

I lived in Argentina for 30 years. I've seen all this before. People massively started taking their money out of the banks because a devaluation was coming. The government closed the banks and eventually, you were not allowed to take out more than $300 a month. Eventually they devaluated the currency. Then government asked the central bank to print more money because they need to give it away to their voters (who are mostly poor). The actual minister of economy comes out and says "printing money does not raise inflation". WTF. Argentina now has 104% anual inflation, 44% of the population living in poverty and the average salary is around $400. Of course, the government blames the IMF for lending the country money when it had run out of American dollars because nothing is ever their fault. Now, believe it or not, there is still a huge amount of people that are willing to vote the same government that bankrupt the country. I took off. Ain't nobody got time for that.

@kni9ght Год назад

Your wise and have vision which the banks try to blind, I’ve started my passport journey

@sfrealestatedealmaker6001 Год назад

Sounds like now you’re in the same boat again?

@chiragmehta8212 Год назад

You mean how idiots vote demoncraps here? Same thing will happen in this country. They will stay in power by making sure they cry abt minority, deviants etc

@siihighperformancelighting2390 Год назад

@@sfrealestatedealmaker6001 we all are

@stinkymcstinkerton1854 Год назад

Not too different in Brazil. My friend’s parents lot everything.

@Sampson-jh7yq Месяц назад

While being a millionaire is a goal shared by most individuals, not everyone is adept at building significant money over time. Rich folks don't have to deal with heartless work, stressful finances, delayed trains, or other problems. Go forward now, ensure your financial security, and enjoy yourself! Have a fantastic life! Greetings! I don't think I could survive on less than $4 million in income-producing investments.

@FrankPatrick-no8zo Месяц назад

An effective strategy serves as a cornerstone in an investor's portfolio. As the level of risk increases, so does the potential for reward, making it essential to seek advice from experienced professionals for making sound decisions.

@jose2212- Месяц назад

Exactly, a good number of people discredit the effectiveness of financial advisor, but over the past 10years, I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $3million in gains… might not be a lot but i'm financially secure and that's fine by me.

@DennisJack-km8ho Месяц назад

Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch if you don't mind

@jose2212- Месяц назад

Monica Shawn Marti is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

@alicegomez7232 Месяц назад

She appears to be well-educated and vast. I ran a Google search on her name and came across her website; thank you for sharing..

@waltzwalter 9 месяцев назад

Why are IRA contribution limits kept so LOW ($6K/$7K)? They should be made the SAME as 401k limits so that folks without a 401K can be on equal footing! Somehow this video has helped shed light on some things but I'm aiming to create a portfolio worth not less than $2m before I turn 60.

@stevensmiddlemass2072 9 месяцев назад

Yes true, I learnt that in 2020, when I lost almost everything. But I switched to using a financial advisor and I've been returning at least $98k every month so I’ve been sticking to investing via an Advisor.

@stevensmiddlemass2072 9 месяцев назад

Kaitlin Rose Sternberg is my advisor. She has since provided entry and exit points on the securities I concentrate on. If you want to check her out, you may do so online. I usually trade in accordance with her strategy.

@primeramujer2138 9 месяцев назад

Really glad i bumped into this

@YouMikeTV 3 месяца назад

In the 90’s IRA limits were $2000-$2500! 401k was $7000. Roth IRAs contributions is after tax and growth is tax exemption. 401k contributions are tax deductible and growth is taxable once taken out.

@Lifeisbeautiful2074 3 месяца назад

Because govt wants to tax your $$$

@jetkastrokdova Год назад

As an elder millennial, one of the few advantages is having lived through the Great Recession. My advice. Reduce unnecessary expenses, increase your savings by investing in financial markets and do not sell. One thing I know for sure is that diversifying your income can help insulate you from much of the craziness going on in the world.

@MarkMilley810 Год назад

True..... I'm thinking of investing in stocks or digital assets to grow my money for the first time, but I lack the in-depth knowledge and mental toughness to deal with these recurring market conditions. please any advice or pointer on how to outperform the market producing good returns

@lindholmlille Год назад

@@MarkMilley810 You're absolutely right! It just takes a good mindset and nerves of steel. I was deeply invested in 2017/2018 in a well-diversified portfolio of stocks and digital assets that grew 4x with capitalization, venturing is not necessarily just about funds but also to be well informed. It's a long term plan for me so I invest and reinvest

@margaritasbunny Год назад

@@lindholmlille Exactly why i enjoy my day to day market decisions being guided by a portfolio-coach, 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/ analvsis they have, it's near impossible to not outperform, been using a portfolio-coach for over 2years+ and I've netted over 400k

@MarthaDavis-fh6cw Год назад

@@margaritasbunny >I'm sure the idea of a coach might sound generic or controversial to a few, but new study by investopedia found that demand for portfolio-coaches sky-rocketed by over 41.8% since the pandemic and based on firsthand encounter, I can say for certain their skillsets are topnotch, I've raised over $400k from an initially stagnant reserve of $150K all within 14months

@leonarodwell Год назад

@@MarthaDavis-fh6cw I've actually been thinking of reaching a portfolio-adviser, my 401k and stocks been losing everything it's gained since 2021, mind if I looked-up this one coach you use?

@Raymondjohn2 Год назад

Well the recent events with SVB make it unlikely for the market to make significant gains soon, so it's wise to manage expectations and prepare for a potentially long recovery period. It's recommended to avoid making significant investment decisions until the economic environment stabilizes in areas of concern. It's best to exercise caution and avoid engaging with the current turbulence.

@lipglosskitten2610 Год назад

We fail to realize that banks are commercial enterprises that are driven by greed as well. The over-leveraging of assets by banks starting in 2020 was one of the factors that led to SVB's collapse. I've never felt secure keeping a large sum of money in a bank. In other words, I invest through my financial advisor, reap the benefits, and then spend the money.

@hermanramos7092 Год назад

@@lipglosskitten2610 Would you mind telling me how to contact this specific coach using their service? You seem to have the solution, as opposed to the rest of us.

@lipglosskitten2610 Год назад

@@hermanramos7092 Catherine Morrison Evans, a well-known person in her field, is my advisor. I advise doing more study on her credentials. She is a great resource for anyone looking to understand the financial market because of her extensive experience.

@hermanramos7092 Год назад

@@lipglosskitten2610 Thanks for the advice. The search for your coach was simple. I investigated her well before using her services. Considering her résumé, she appears competent.

@Gamingtv23658 Год назад

I hate managing my expectations. I have done that long enough and it's horseshit.

@nicolasbenson009 2 месяца назад

In these uncertain times, it's more important than ever to have a solid understanding of how to manage your finances, invest wisely and navigate economic downturns. But my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy.

@EddyAgnes-vy4kp 2 месяца назад

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.

@Jersderakerguoe 2 месяца назад

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.

@Suleferdinand 2 месяца назад

That's impressive! I could really use the expertise of this manager for my dwindling portfolio. Who’s the professional guiding you?

@Jersderakerguoe 2 месяца назад

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.

@CraigLloyd-fz6ns 2 месяца назад

I checked Melissa up out of curiosity and i must say i am impressed by her Credentials. i emailed her already, waiting on her response.

@traviswes7082 10 месяцев назад

Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!

@Robertgriffinne 10 месяцев назад

Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life because I invested early ahead this time .

@Alejandracamacho357 10 месяцев назад

Exactly ! That's my major concern and what kind of profitable business or investment can someone do with the current rise in economic downturn

@tommychestnut5335 10 месяцев назад

I have been investing in stocks for over 10 years now and I have made a lot of money. My portfolio has grown exponentially and I can't thank stocks and "Debra Ella Nicholas" enough for such an amazing way to make money!

@Natalieneptune469 10 месяцев назад

@tommychestnut5335 please how can i find the lady you mentioned'?

@tommychestnut5335 10 месяцев назад

Most likely, you can find her basic information on the net; you are welcome to do further study. `

@hannahdonald9071 Год назад

The removal of the Glass-Steagall Act in the late 1990s, which contributed to the dramatic failure of large banks during the financial crisis of 2007-2008, was a very unwise decision. Dodd-Frank and this Act both need to be reinstated immediately in order to avert another catastrophe. If nothing is done to fix the current issue, what happened with SVB is merely the beginning of what will occur.

@tunnelvision3246 Год назад

In my opinion, SVB was attempting to restructure their bond portfolio, which involved selling their low-yielding bonds despite the potential loss, and compensating for it by buying higher-interest-rate bonds on the open market.

@graceocean8323 Год назад

@@tunnelvision3246 Only a good FA will be enough to guide you through the current market volatility. I've been speaking with an advisor for a while now, primarily because I don't have the necessary expertise or stamina to handle these recurrent market conditions. The fact that I made over $220K during this downturn proved that there is more to the market than the typical person is aware of. The greatest course of action right now is to have an investing consultant, especially for people who are nearing retirement.

@mcginnnavraj4201 Год назад

@@graceocean8323 We’re only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market, could this coach that guides you help?

@graceocean8323 Год назад

My Financial Advisor is JEANNE LYNN WOLF. I found her on a CNBC interview where she was featured and reached out to her afterwards. She has since provide entry and exit points on the securities I focus on. You can run a quick online research with her name if you care for supervision. I basically follow her market moves and haven’t regretted doing so.

@tampabayrodeo2474 Год назад

Right now, I'm literally hanging on by a straw, so your advice couldn't have come at a better time! I'll look her up on the internet and then give her a call.

@greekbarrios Год назад

The feds have caused chaos! Due to the collapse of these banks, investors abandoned their predictions of further interest rate hikes and dumped bank shares around the world. What is the best approach to profit from this bear market now that my $300k stock portfolio is in danger of going down?

@MIchaelGuzman737 Год назад

In my opinion, some of these banks were attempting to restructure their bond portfolio, which involved selling their low-yielding bonds despite the potential loss and offsetting it by buying higher interest rate bonds on the open market.

@Ammo-Hoarder Год назад

@@MIchaelGuzman737 Despite the resilience of the economy so far, the banks' scenario warns that the effects of the Federal Reserve rate hikes persist. During such periods, investors need to stay alert to anticipate what comes next. You don't need to act on every prediction, I made over $120k profits in Q1 2023, which just goes to show that there is more to the market than the average individual is aware of. Having an investment advisor is now the best course of action, especially for those nearing retirement.

@sommersalt88 Год назад

@@Ammo-Hoarder Would you mind telling me how to contact this specific coach using their service? Unlike the rest of us, it appears you have figured everything out.

@Ammo-Hoarder Год назад

My Financial adviser is ‘’Lisa Ellen Shaw’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. 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

@sommersalt88 Год назад

@@Ammo-Hoarder Thank you for this Pointer. It was easy to find her handler, She seems very proficient and flexible. I booked a call session with her.

@Davidstowe872 7 месяцев назад

The rising interest rate can surely control inflation, but won't prevent erosion of the eroding purchasing power of the US dollar. I have learnt my lesson this time. The banks can't be making money off my money, while inflation eats into it. I have set aside 650k to invest in the stock market now, since that keeps up with inflation, but I don't know how to get started.

@SteveEstrada-js9nu 7 месяцев назад

Yes, truly, investing in the market, even if it's just the S&P 500, can keep up with inflation, because the growth rate of stocks will always exceed the inflation rate. But if you don't have the courage, you could just invest with a financial advisor, which even has greater return on investments, while securing your investment against losses.

@ClaytonPaterson-uu6kh 7 месяцев назад

Keeping money in the bank is like paying banks and the Govemment. Here's how it works: The bank gives out your money as loan, and charge interest obviously higher than inflation rate, and then give you, the depositor, interest lower than inflation rate. That means net loss for you. That is why I prefer to invest, and on average, my advisor makes returns that always beats inflation!

@Elkemartin213 7 месяцев назад

@@ClaytonPaterson-uu6kh I've been skeptical about the banks for a long time, to be honest, but didn't know how to get started with an advisor. If it's okay, can I know who your advisor is, because I need some recommendations?

@ClaytonPaterson-uu6kh 7 месяцев назад

My advisor is ‘“Vivian Carol Gioia”, 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 fina-cial market.

@Elkemartin213 7 месяцев назад

@@ClaytonPaterson-uu6kh Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé .

@cpm_edc 3 месяца назад

This has aged like fine wine.

@motopolak 3 месяца назад

I came back to rewatch it myself

@TheOliveBranchWolczynski 3 месяца назад

You can say its value has inflated.

@ghostbone 3 месяца назад

@@TheOliveBranchWolczynski That's how assets work 😵

@disco4535 2 месяца назад

And we havent seen anything yet

@user-wc5gi2lz3n 2 месяца назад

...until the run

@MattproThe Год назад

As an Argentine myself, what he says is totally correct, so take notes.

@adiintel1 Год назад

use have the world cup.... don't complain

@victorblock3421 Год назад

The cup won’t feed you

@adsupermusone8875 Год назад

Interesting

@jeffk464 Год назад

Californians already think like the people that ruined economies all over South America. Don't think it can't happen here.

@JosefFurg1611 Год назад

PBD should have Milei on the show.

@alexyoung3126 Год назад

I'm wondering if people who went through the financial crisis in 2008 had an easier time than me right now. The stock market is making me really worried because I've lost over $27,000 in just this month and I'm not making as much money as I used to. This is making me concerned that I might not have enough money saved up for my retirement since I can't add to my savings.

@kimyoung8414 Год назад

In a constantly changing market, there are good opportunities to make money even if the market is unpredictable. This uncertain time may actually be a chance to adjust your investments. It's helpful to work with a professional financial advisor or broker to make sure your investments are spread out in different places, which can be good for your overall investment strategy.

@joesphcu8975 Год назад

I'll suggest you create a diversification strategy because building a good financial-portfolio has been more complex since covid. Recently my colleague advised me to hire an advisor, surprisingly I have accrued over $120K under the guidance of my coach during this crash. She figured out Defensive strategies to protect my portfolio and make profit from this roller coaster market.

@lawerencemiller9720 Год назад

Can you kindly provide me with the information of your investment advisor as I am currently in desperate need of one?

@joesphcu8975 Год назад

Helene Claire Johnson is my adviser and she is highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. 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.

@lawerencemiller9720 Год назад

thank you so much for this tip! Finding your coach was a breeze and I was really impressed with all the research I did on her credentials before scheduling a call. It's clear from her résumé that she's extremely knowledgeable and skilled, and I'm so excited to have the chance to talk to her.

@Louisbrus498 2 месяца назад

As a newbie that wants to invest, you must have these three things in mind 1. Have a long term mindset. 2. Be willing to take risk. 3. Be careful on money usage, if you're not spending to earn back, then stop spending. 4. Never claim to know - Ask questions and it's best you work with a financial advisor.

@Louisbrus498 2 месяца назад

As a beginner investor, it's essential for you to have a mentor to keep you accountable. Myself, I'm guided by Charlotte Goldyn . A widely known crypto consultant

@Alexibawendi 2 месяца назад

For real, people underestimate how much they can rake in from the stock market. I started with 127k just before the pandemic hit. Many people's portfolios tanked, but I rode through with my financial advisor, and even made more than 206k within just three months of starting, and it's been an awesome ride since then.

@Alexibawendi 2 месяца назад

My financial advisor is Charlotte Goldyn Allan

@BeckerGodfrey 2 месяца назад

I'm new to cryptocurrency and I don't understand how it really works.Can someone guide me on the right approach to investing and making profit from cryptocurrency investment?

@KaterinaEvan159 2 месяца назад

This is something I've heard of severally, but I just don't know how to find an advisor. If you'll be kind enough, can I ask who your financial advisor is?

@user-wg6im5th7r 3 месяца назад

Absolutely agree, after 2008 we bailed out the banks with taxes including there bonuses. Credibility was lost many years ago

@DrixMaloneDFS Год назад

True, if they can just do whatever they want with your money (investing it, or holding your funds hostage), then that's insane. The fact they can question you about your funds, what you're doing with it and whatever else, fck that smh!! That's illegal control and we shouldn't allow it!!

@johnathanmeeks58 Год назад

The strategy is to push ppl into so much fear with the banks to make the ppl a willing participant in digital currency that they can freeze your money with the push of a button or say they've been hacked

@kirkmcgill5185 Год назад

Sue them it’s unconstitutional

@MikeLiteraus Год назад

It's called the Patriot Act, and they renew it each time. 😅

@miketheyunggod2534 Год назад

I can walk in my bank and receive any amount I have there.

@Sajin688 Год назад

@@miketheyunggod2534 no you can't go in tomorrow and try to pull 25,000 and let me know how it goes. Banks only have fractional reserve banking where they only have so much on hand.

@tasosg.9405 10 месяцев назад

I found your podcast by accident few days ago and it's pure diamond..congrats on you and your team

@bradleyjohnson6107 10 месяцев назад

Here’s the secret, in a sovereign country that makes its own fiat currency, which the United States is, they can make your money as valuable or invaluable as they see fit. It took me a while, but I finally realized that modern economics is not a science, but rather a whim of the rich and powerful, and whatever their goal is. The rich and powerful can do whatever they want with money, and they do.

@VisionClearly 2 месяца назад

💯% correct!

@umoplata 2 месяца назад

today we see the jig is up on the powers that be favouritism for America and Europe and looks like the globalist equality types have won this round unless you believe Trump and the like are the answer

@ApoIIo95 Год назад

Totally went over my head. I never heard where I should put my money. The good news is that I don't have any money to worry about. 😂

@diegochavez6203 Год назад

He just said it Bitcoin

@HeyThereItzJessie 10 месяцев назад

Precious metals, and bullets friend 😊

@balchana3365 10 месяцев назад

Bitcoin, precious metals, blue chip AI stocks

@DMRwerks 7 месяцев назад

No precious metals trust me I do this for living everything else is good

@HeyThereItzJessie 7 месяцев назад

@@DMRwerks really why not friend

@blacklightfamilycircle4425 8 месяцев назад

Thank you @valuetainment for bringing people and content like this to we the people… this is beautiful

@IEdjumacate 10 месяцев назад

The situation in Lebanon is devasting. My family is fortunate & we have a great support network, but some are not so lucky. I hate to hear it being the example of terrible currency. It’s true, it just hurts to hear. This young generation needs to be smart with their money, educate the next generation & inject money back into the economy (not the banks).

@VisionClearly 2 месяца назад

The horrible inflation in Lebanon is truly brutal. Thank you for not defending the indefensible!

@anthonytelles2226 11 месяцев назад

Retirement used to mean productive land you can live on and eventually gift to your children; no inflation, just real security and things handed down. The problem is everyone trying to get rich through speculation instead of productive enterprises and businesses. And then we’re surprised when our whole money system screws us over

@Tknight2324 2 месяца назад

Amen brother!! America is a corporation not a country anymore!

@SS-qu9nn Год назад

Saylor is a genius. Not because what he knows or understands, but how he can explain.

@yayano8415 Год назад

LOOOOOOOL spoken by a poor. If you followed his advice you would be BROOOOKE

@stephenpaul4258 Год назад

Sorry he is not- he has a good chance of loosing all his capital with his ridiculous allocation to BTC

@lennybrewster4673 Год назад

@Stephen Paul how so? He bought millions when it was at like $400 per coin. It's been all profits for years lol.

@JayEkh Год назад

Must be a dumb genius..if you invested in bitcoin at the beginning of 2022, by the end of 2022 you would have lost 60% of your money... That better than losing it in 100 years? Your best store of value is a diversified portfolio of real and financial assets (primarily a diversified stock portfolio).. The overall stock market always moves in the direction of the economy

@Gojimaru Год назад

@@lennybrewster4673 He's an exception from the rule. If you put all your money in bitcoin today it can be 40k per bitcoin the next day it can be 30 20 etc. Money in banks can lose it's value for sure overnight but it's much less likely and is predictable. And you can't pay in bitcoin everywhere and almost no one pays his living expenses in bitcoin. In one word - diversification.

@51cathey 9 месяцев назад

I like this guy. Easy to listen to and straight to the point.

@laughattack1204 2 месяца назад

Yes, like someone who works for the CIA

@DaKidMel33 Год назад

😂😂😂Pat laughing in the background after asking that customer service questions was hilarious

@ericwilde4583 Год назад

The fall of Silicon Valley Bank has shook global markets, with investors revising their estimates for more interest rate hikes and selling bank equities throughout the world. I'm at a crossroads, considering whether to sell my plunging $200k portfolio; what's the best approach to capitalize on this down market?

@nataliehinnes5221 Год назад

Investors should be cautious about their exposure and skeptical of new purchases, especially during periods of high inflation. In current recession, such large yields are only achievable under the guidance of a competent or trustworthy advisor.

@gagnecaron658 Год назад

I agree that using a brokerage adviser for investing is brilliant! Prior to consulting with an advisor, I was living an investment nightmare throughout the 2008 financial crisis. In a word, with the assistance of my adviser, I've amassed almost $850k from an original $120k investment.

@tonimhamilton2072 Год назад

I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?

@ericwilde4583 Год назад

@@gagnecaron658 i would like to know too, please respond as soon as possible

@gagnecaron658 Год назад

I use James Fletcher Brennan, one of the best FA’s out there, look him up

@andrewdixon681 3 месяца назад

Best guest you’ve had. Truly financial freedom and freedom from government and banks

@derrickg3494 2 месяца назад

Great interview

@robpar5282 Год назад

Two of my favorite minds together having a worthwhile, meaningful discussion! Thank you to Mr. Bet-David and Mr. Saylor and ALL of the behind the scenes people who make it happen!

@Envx Год назад

If you have a bunch of dollars and no debt in a deflationary period (similar to 08), you would be better off in dollars than if you were in bitcoin or any other asset for that matter. I think he's right when their are low interest rates, storing money is a horrible strategy. Rising interest rates, means it's time to store dollars and wait for the inevitable deflationary period to pile that stored money into depreciated assets.

@PepeCoinMania 5 месяцев назад

No it’s not you are joking

@tyrikriggins1807 5 месяцев назад

Pat , Can you please post links to the information you read off.

@kristakeshishian8278 2 месяца назад

So where do we keep it? People breaking into homes left & right so any advise as to WHERE should we store it and How much reserve should we keep at home? 3 or 6 or 12minths?

@scottiebarnes7417 2 месяца назад

You completely missed the point. Money/Cash in your house would lose its value every year because of inflation, just like money in the bank. He’s saying that the majority of your money should be in assets that can’t lose value from government intervention, such as crypto and land.

@Verzat Год назад

All of them are really nice picks. But the potential of project that elegantly combine blockchain and AI is Amazons VELR90 and should not be overlooked, I guess. Among them, this truly tackle real-world problems and have vibrant ecosystems, like Aiwork.

@daheat2403 Год назад

Bro what are you even talking about

@j.rjunior5584 Год назад

@@daheat2403 DW about him, he's a bot. I see these replies all the time.

@bronzyriot892 Год назад

@@j.rjunior5584 the scam is robust it has a ripoff coin market cap channel with a million subs

@alphabeta8403 Год назад

5:00 *SPOT ON!* 5:45 USD vs PESO 6:30 Losing 15% in a NOT so good year, like 2021 7:40 Can't trust a bank 12:45 Bank predictions 15:00 BITCOIN

@monikawaldhauser8192 2 месяца назад

Confused by your comment at 3:15 you stated 3 large banks in last 90 days but in the list you say in yr 2008... you include those 2 banks....? Please explain.

@NG2K15 10 месяцев назад

I live in australia where i would get maybe 1% insterest against 5-6% inflation. But notnall asian countries are risky. I save money only in my indian bank account which gives around 7-8% interest against 6-7% inflation. Banks in india always compensate for inflation. And i have almost never see big banks in india going under. Some small banks do shut down but rven there i feel the govt usually have peoples back rather than the bank's

@bigtone2383 Год назад

I agree with his final statement regarding what to with your money. The best thing to do is to spread the risk over a few asset classes.

@gmGrudgeMonster Год назад

I would love to see Michael Saylor discuss bitcoin and banking with Dave Ramsey

@ellerellerek52 Год назад

Saylor is an expert in banking and Ramsey is clueless about bitcoin so Ramsey would look stupid

@lisamoser5721 Год назад

@Brian Thorp8 Same here, i will praise ma’m Georgette over and over again because he has great skills, i started with $2000 and after 2week i received a returns of $6,000 then i continue with her ever since she has been delivering.

@JamesSmith-ni4of Год назад

How to reach out to her official 💬?

@christophermark1192 Год назад

I make $ 23,450 weekly trading profit with her, I only trust Mrs Georgette Laura with my investments. am now able to send my kids to great schools in LA, all thanks to Ma’m Georgette .

@jdee1703 Год назад

@@christophermark1192 I'm so happy for taking the bold step in investing a little start up capital with after a week I received my profits to my bank

@tomchoi7074 10 месяцев назад

Question- if dollar's value diminish and a million dollars can only buy what 100k worth of value, wouldn't it be a good thing if you have a large debt? Such as 30yr mortgage or business loans..?

@WillpowerCinema 3 месяца назад

Yes…it’s what the US government is doing…inflate away the debt 😬

@thomaslindsey7685 10 месяцев назад

Would silver be a good. choice to purchase?

@JeDxDeVu 3 месяца назад

No. When the price rises they start to mine more. When bitcoins price rises they can still only mine the same amount.

@youtubemehmetkaraaslan6862 Год назад

You are one of the most sophisticated and brilliant RU-vidr/content creator I watch, and 1million percent the very best in finance. I appreciate all of your content thank you for VELR90 much love from Chicago

@John-du2mq Год назад

Shut up scammer

@CJTurner512 Год назад

SCAM

@sputnikua Год назад

thank you, bot.

@dont_worry_about_it. Год назад

Hey SCAMMER, how's SCAMMING going

@generalsirc2615 Год назад

I like how Mr saylor doesn’t tell people to take their money out of crypto exchanges. If you don’t have your passcode for your Bitcoin you don’t own it and the government can take it. Saylor doesn’t mention this because most people don’t own their Bitcoin and he doesn’t want to encourage people to get out of exchanges because that’ll hurt Bitcoin.

@aeternafortuna1644 Год назад

Yeah, nothing is indestructible...you just gotta be agile and not have all your eggs in one basket.

@nobodymister5435 Год назад

Is that how it works? You're not selling your BTC when you're moving it to another address are you?

@raelized Год назад

he actually did if you listened to the whole podcast.

@HumblePeon2 Год назад

@@nobodymister5435 When it's on an exchange you no longer have custody of the coins. That's how people lose their money when an exchange collapses. If it's in cold storage, you won't lose your money.

@nobodymister5435 Год назад

@@HumblePeon2 I know that but when you're moving your private key to your hardware wallet, you're not selling your cryptos. The OP said that moving cryptos off the exchanges would hurt BTC and I can't understand his reasoning behind that. The only way BTC could be hurt (I do think he meant it's value) is when people sell BTC.

@jsouth489 Год назад

Here is my biggest question. I am also a bitcoin holder and completely agree with 100% of what Michael is saying. What happens if the government makes crypto illegal world wide with every other nation coming on board? They shut the exchanges in this scenario. How would my crypto still have any value at all? Especially if it isnt used by companies to purchase products with. Again, I am a bitcoin holder and hold many crypto's that I believe in, I just dont know the answer.

@alinduta5398 Год назад

they will ban crypto in the same time with cash

@cgo225 Год назад

The answer's simple - you lose it all..... but people like Saylor will still have their yachts, and holiday homes and various holdings, so you can relax. 😊

@tioswift3676 Год назад

@@cgo225 this is the correct answer.

@williamhodges3941 Год назад

People can't seriously be this naive and stupid....

@aaronmichaelmusic_ Год назад

It’s really hard to ban crypto considering that it’s decentralized… running the nodes would have to somehow be made illegal.

@rosskenneger5581 11 месяцев назад

Good job. Keep it real.

@donniedark11677 2 месяца назад

What if internet or power grid gets shut down?

@nickhanlon9331 Год назад

It's people like Michael why I watch your channel.

@keithcampbell7820 Год назад

He almost had me convinced. Then he said “Incorruptible Software” Yeah, right, it’s called software for a reason.

@techhabits. Год назад

Are we talking about double spending?

@cgo225 Год назад

There's no such thing as incorruptible software because, ultimately, someone will always need to have administrator-level access to the code, which always offers a way-in for genuine errors and malice. Saylor is either being ignorant or lying - and either of those wouldn't fill me with confidence.

@midicine2114 Год назад

@@cgo225 The bitcoin protocol is open source and based on mathematics. There is literally no way it can become "corrupted". If anything, there are one million plus backups of the transaction data. More than any bank.

@cgo225 Год назад

@@midicine2114 I'm sorry, but with respect, your statements do not follow logically.... How does retaining a million backups of transaction data prevent fraud? And if the system is as robust as they say, then why the need for millions of backups at all? I've worked in IT for large global organisations for almost 40 yrs - and I've seen so many failures in hardware, software (and backups) that were all "one in a million chance", and I know from experience that no system is infallible, and anytime I hear such claims, the red flags immediately go up.

@keithcampbell7820 Год назад

@@Sl15555 So which is it? His statement is correct? Nothing in life is 100%?

@Epicfunk 27 дней назад

Can you buy bitcoins in any currency or only in US dollars? What currency is bitcoin base on?

@hmendez6777 3 месяца назад

What do you think of CIT bank ?

@Bako- Год назад

As a lebanese he is totally right, people lost their lifetime savings accounts and lebanese pound is worth nothing You pay 100 time more for the same water bottle since 2019

@jasonfrank2114 Год назад

No electricity = no crypto or digital dollars

@deezznutts6036 Год назад

That’s what I was thinking!

@YoBarbados Год назад

Let’s be real, they getting rid of electricity?

@TheAntReport Год назад

@@YoBarbados power outage due to weather maybe…how long can you survive without electricity?

@lisabek72 Год назад

That's right

@nangua8747 Год назад

Why no one mentioned #silver and #gold ??

@paulcampbell8696 10 месяцев назад

As a person who doesn't trust anything that I can't fully comprehend, the only thing I fully trust is my garden, and my animals. Not saying there isn't risk, but I and my family can direcrly consume what comes from those assets. No outside force can decree their value to me and my family. That's what I call an investment.

@spm0004 10 месяцев назад

The satoshi limit is hardcoded and can be updated just like any other software

@joshscott3271 6 месяцев назад

Interesting information

@fearlv1rattata Год назад

Michael Saylor is always awesome to listen to.

@automatedcomment Год назад

Imagine getting hack and losing all your bitcorn

@SandStormXII Год назад

💯💯

@perspectiveflip 10 месяцев назад

@@automatedcommentthat would not be amaising

@jdwyer5708 6 месяцев назад

@@automatedcomment Having that FEAR in your soul.. quite literally multiplies the chance of that happening.

@mikkimikki5376 2 месяца назад

Time for an update!

@bbbirish74 10 месяцев назад

@7:39 I'd like to know where homey got that sport coat from?

@Mr_Negrodamus Год назад

Pulling money from a conventional bank to put it into BTC makes no sense atm...it doesnt make sense because BTC fluctuates TOO MUCH.

@tarik7866 Год назад

I was thinking the same. way too volatile

@Steamerbeen Год назад

Because its a baby & finding its feet so falling over & getting back up, once it does it will grow.

@alanv3185 Год назад

Ik people who invest in BTC don't want to invest in Gold because they say you can't fly around with all that gold. So the obvious choice would be to buy an investment timepiece. You can fly around with that thing anywhere, albeit at the risk of getting robbed, but the ability to take it across borders exists without the problems that would come with flying with an equivalent amount in cash or gold.

@vrsce0178 Год назад

@Angelo Balbi Yall been saying this forever and get proved wrong time to time again. Easy money if you just dca and hold for the long term.

@fakedemocracy Год назад

@Angelo Balbi Naw man, no way. On a side note about getting out of the country with some decent coin there are Rolex’s that hold value and worth a lot. Slip one on your wrist and throw the other in your bag.

@WiolciaMrozowska531 Год назад

__Rodger Michael Karl has helped us become debt-free and save for retirement. " "I made over 220K during this dip, which made it clear there's more to the market than we average joes know. Having an investment adviser is currently the best course of action, especially for those who are close to making losses.....

@AnnaFed015 Год назад

Thank you so much for the advice. Your coach was simple to discover online. I did my research on him before I scheduled our phone call. He appears knowledgeable based on his online resume.

@stanleyzac1648 Год назад

I just discovered his outstanding resume when I searched for his name on Google. I count it a blessing that I came across this comment section.

@CharlesBWillz Год назад

So far, his management group has been extremely excellent. With $14k, I generated almost 288k in compounded gains..

@TheGor54 Год назад

Just call me. I'll help you make over a million in these troubling times.

@ellerellerek52 Год назад

@@outdoorfun8780 who is spreading this nonsense about the "press of a button", anyway go educate yourself

@fredcrowley3897 2 месяца назад

who is they? and i think the better term is "using" or "leveraging" vs steeling as you volunteer your money to be with them. invest in yourself and use the proper vehicles that make the most sense for you and your situation as unfortunately there is no one size fits all here with currency.

@Liam301987 5 месяцев назад

Your link to full podcast in the description takes you to the wrong podcast

@Kharmatos13 Год назад

Stick with your local credit union. They don't do bad banking to begin with so they won't be in danger of collapse.

@bluezy710 Год назад

Having Adam on this team is so interesting because I find his analysis and perspectives on things to be considerably more shallow in comparison to other people who debate topics at Valuetainment but it's actually a good thing because he reflects the mindset of the majority of Millennial and the early Gen X generations so we not only get to understand where they come from but being in these discussions can help them mature their thinking. By the way, I'm a Gen Z'er.

@Aubatron 5 месяцев назад

Zooooom

@leticiaperez5316 9 месяцев назад

Thank you

@antoniocruz1163 2 месяца назад

This is very scary. Who can you trust when it comes to your money and your retirement.

@tamarap387 Год назад

I'm likely pretty ignorant about how all this works, but doesn't bitcoin require that businesses would be on board to accept this as currency? And governments could possibly ban businesses from doing this...or tax them so highly on this type of usage that the businesses would falter. I believe gov'ts will find ways to undermine any use of bitcoin.

@bestweightonyou-melitatheh7809 Год назад

Exactly… if they get their way I guess but coin will be the only thing businesses wil take… so another control they will have

@MrGwizyadig Год назад

This might be a dumb question, but can Bitcoin even be spent? If I have all my money in Bitcoin, how can I spend it? I don't know of any retailer who accepts it. I agree with the concept of it, but until it's widely accepted, isn't it speculative to buy a lot of it up?

@abhiseksarker9698 10 месяцев назад

Please advise me on best way/platform to own bitcoin?

@myhumanrights 10 месяцев назад

My Reply. Please Respond. Min 2.33. "They can't shut it down". Cool but... Question. What if the power does down?. Example. EMP goes off. Grid goes down. No power. PS.. I know in this situation we have bigger issues to deal with! Ex. No power grid = 90 days till Nuke plants melt down. but for argument and educational info. What do I do with my $500,000 BTC when I'm heading out of the city to my bug out property and there is no power and I need to re-establish off grid with my BTC??? Please Help. Love, Respect, Ryan James Johnson. Keep up the great work. ;) PSS. Money and Currency are not the same thing. ;) Currency is NOT a store of value! ;)

@UltimateBargains Год назад

The banking crisis "contagion" is government bonds. The banks are coerced and forced to buy government bonds with customer deposits.

@chiragmehta8212 Год назад

After hearing this I just think everything is so depressing.

@d0m3ll0tt4 2 месяца назад

Put me in a absolute funk lol 😂

@LiberalsRuinEverything. Месяц назад

Same

@pavanp8996 2 месяца назад

I’m from India, it’s relatively safe compare to most of the countries, in the last one year none of the banks gone bankrupt or people lost their money. Bank called ‘yes’ bank faced some trouble, however none of the people lost the money and it didn’t require any govt handout

@123Redinger 10 месяцев назад

Purchase finite recourses like gold,silver , copper, aluminum. With everything turning to ev, 28% of ion batteries is graphite

@xxxGammaRay Год назад

No, instead put your money into Bitcoin with an origin address that could wake up at any moment and dump on you, not to mention the large holders like Michael Saylor who dump whenever they want as well and crash the price. Sounds like a safe bet to me, smh give me a break here with this guy.

@villhelm Год назад

For them to dump, there must be a buyer on the other side of the trade…

@jeremyashcraft2053 Год назад

If Bitcoin was the mainstream currency it wouldn't be so volatile. The only reason it has the ability to go up and down (in USD value), currently, is because it is being traded as an asset rather than a currency.

@polarizingbrute Год назад

this comment shows that Pat's viewers are nowhere near as smart as they think they are

@kindcanadian5825 Год назад

we need the opposite of fractional banking, instead of having 5% of the money its holding they should be required to hold 150-200% of the money they're holding.

@rbtheballer Год назад

Or just be required to say if they’re a fractional reserve bank or full reserve bank meaning they don’t loan out your money without your permission and they always have your full reserve minus what you pay them securing it! We need options maybe fractional reserve I can make more money because I’m allowing the bank to take risk with it but our current system the bank takes risk with our money and pays 0.05% then when they loose the fed prints more to devalue what we’ve already had to make up the loses!

@DC-xr5lb Год назад

@@rbtheballer It is illegal in the US for a bank to actually have dollars to back up their loans. Numerous people have wanted to start banks, that back up with hard assets, the money they loan out. They are stopped and blocked hard by the government, wall street and central banks.

@rbtheballer Год назад

@@DC-xr5lb yes if you want a banking charter but like I said instead of the current system we need options instead of a bank let’s call it a vault for our assets. If we keep worrying about what’s legal or not instead of changing the system we will never get anywhere we’ll be right were the powers that be want us!

@callmeosho7792 Год назад

How do you hold more money than exists?

@kindcanadian5825 Год назад

@@callmeosho7792 banks would have their own reserves equal to or greater than the clients they take on, $1 reserved for every $1 they hold. as well as only being allowed to lend their own money.

@khaldounelbey3968 Месяц назад

Do commerce with promissory notes (promise to pay) and BOE's backed by the "Full Faith and Credit" of the United States because that is all that's backing the fiat FRN's. This is why the national debt can never be eliminated completely.

@jolantasokalska4201 3 месяца назад

Michael Please tell us About How Bitcoin as new Concept of money Is related to ETHICS 🌟🌟

@adamstokes Год назад

Simply brilliant. The way you explain this Michael is above all others. Thank you for your service

@SandStormXII Год назад

👌🏾👌🏾

@laszlovarga_ 11 месяцев назад

he just put most of his money in bitcoin and then lost most of it that's why he is constantly trying to sell it, he is a salesman now... he talks you to buy so the price goes up and he can take his part out leaving you in debt so you can wait until someone puts a lot of money in there so the price goes up so you can get out of there.....

@Kvin86 5 месяцев назад

@@laszlovarga_ you really do not understand fiat money and Bitcoin.

@l.ls.8890 Год назад

Wow! This was an amazing interview.

@williamhodges3941 Год назад

This interview was mids at best. Sleezy bitcoin salesman!

@draen13 Год назад

@@williamhodges3941 Cry harder no coiner, ignore BTC with your own responsibility

@chadbailey7038 2 месяца назад

He’s giving you the blueprint right here.

@halxiii7538 2 месяца назад

Tangibles only. No crypto or banks. Homes, land, guns+ammo.

@invictus_virtus Год назад

Patrick if funny. Saylor is hard to get a laugh from but if you can make him smirk it's like the same thing.

@chaplainred4263 Год назад

Patrick you got to love you man. The question you asked are 🔥and your answers are 🔥!!!! You commented that you can call Chase customer service, but can you call Bitcoin customer service 1800 Bitcoin!!! You are serious and hilarious at the same time!!!😂

@JamesHudgensCLLS 10 месяцев назад

The problem i have, personally, is a grid failure ... any electronic currency will not be accessible ... it can happen ... will it happen ??

@sentry8992 2 месяца назад

The grid failing would make paper fiat inaccessible as well. The banks couldn't function. Food and fuel would stop. Alot of pressing problems would occur.

@Raymondcraw1967RaymondCrawley 27 дней назад

First of all, this whole economic chaos was powered by optimism that the FED is done with hiking interest rates. Now that interest rate crash is the situation, where do we go from here? How would you advise I safely allocate $250k funds at this point?

@BrewerVera 27 дней назад

The market is volatile at this time, But doesn't the Federal Reserve's monetary policy and low interest rates contribute to the current valuations? hence I will advice you get yourself a financial advisor that can provide you with entry and exit points on the share/ETF you focus on.

@AndersonFair-cy2bb 27 дней назад

Agreed, my portfolio is well-matched for every market season yielding 85% from early last year to date. I and my CFP are working on a 7 figure ballpark goal, tho this could take another year. IMO, financial advisors are the most sought-after professionals after doctors.

@FaithAndrada-xo9ou 27 дней назад

I appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?

@AndersonFair-cy2bb 27 дней назад

'WHITNEY KAY STACY' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

@OnyedikachiKing-bk6od 27 дней назад

Thank you for the information. I conducted my own research and your advisor appears to be highly skilled and knowledgeable. I've sent her an email and arranged a phone call. Her expertise is impressive, and I'm eagerly anticipating our conversation.

@GG17250 Год назад

You can trust Gold.

@itssteve6018 Год назад

You can't trust that the government won't steal your gold when you try to carry it with you

@sfrealestatedealmaker6001 Год назад

Not portable tho

@jeremyashcraft2053 Год назад

difficult to store and transport large sums, difficult to purchase things electronically, and the same government that crashed the previous currency can kick down your door and physically take it from you.

@cgo225 Год назад

I can carry my gold in my pockets, no need to access a network first so I can login to some exchange and hope I've remembered my password and no one's hacked my account.... Yep, I can see why BTC wins hands down - hallelujah, I was blind and now I see!

@draen13 Год назад

@Michael Steger How to move gold if i want to leave my country? BTC fixes that. Also it can be faked and can't be stored easily. Gold is a much better store of value than paper money but BTC is just better. Imo you should own both.

@polynikes3336 Год назад

I can’t believe this conversation 😂😂

@theportugeeza 10 месяцев назад

We have a small farm... we buy farming equipment, farming land and farm maintenance.

@TheHobbyShop1 5 месяцев назад

I agree with what he said about banks and money losing value but given the recent issue with FTX and Binance I’m not sure it’s a wise idea to go all in on this scheme of bitcoin. I’d go more into assets like real estate or gold that until some of the bitcoin exchange shady stuff going on gets cleared up. Right now it is the wild Wild West. Maybe I don’t understand it enough but people have gotten wiped out especially by the FTX collapse.

@CautionBeforeCoffee 3 месяца назад

Real estate and gold is still good but like he mentioned it’s hard to move those assets. You can store bitcoin offline in a hardware wallet, doesn’t have to be tied to an exchange.

@kaleenetoback7080 Год назад

Thank you for asking what the Average American should do because you're right, we are not billionaire. Your audience is most likely upper middle class and though we greatly appreciate the insight from billionaires, we need to know what us little guys can do to protect ourselves too.

@josephbroten9188 Год назад

I remember bitcoin donations being blocked for the truckers protest in Canada by the canadian government.

@redrustyhill2 2 месяца назад

And people's accounts frozen

@azmanrahim9226 3 месяца назад

Malaysia My 2nd Home...A bit slow right now, perhaps consider Forest City real estate in Malaysia a stones throw from Singapore.....

@hillbillyartscrafts4367 9 месяцев назад

Idk I'm pretty sure it has more to do with the value of your property going up because of demand vs the value of the dollar collapsing

@stretch273 Год назад

They keep telling us to take money out of the bank, but they never tell us where to put it

@msing6741 Год назад

Gold and silver

@Uwolz Год назад

@@msing6741 problem is quick access to your money.

@PepeCoinMania 5 месяцев назад

He already said

@sentry8992 2 месяца назад

He said to put it into Bitcoin.

@whitenip84 Год назад

Brett Favre really let himself go

@brh2222 3 месяца назад

Lol

@fatalradius 3 месяца назад

What about online high yield savings accounts?

@ThatMichaelTGuy 2 месяца назад

The U.S. government is in debt for $34,000,000,000,000 (yes, Trillion) while hiring an additional 87,000 (armed) IRS agents and demands that you account for all transactions that total $600. The debt is over $100,000 for each person in America.

@stephenpaul4258 Год назад

He is right in regard to the banks- however it also applies to theft of Crypto wallets which is continual and growing.