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!!
NO ONE HAS EVER BECOME A MILLIONAIRE OR BILLIONAIRE WORKING FOR OTHERS AND DEPENDING ON THEM,GOOD INVESTMENT SHALL BRING YOU MILLIONS WHILE CONSISTENCY BRINGS BILLIONS. THE MARKET IS ALL ABOUT CRYPTO NOW YOU MIGHT WANT TO LOOK INTO IT
The best coin to invest in is Bitcoin, It has large fast rising and if you are lucky with a reputable broker with the lowest spread rate helping lead your way, I would say be prepared for an uplift.
Unemployment is under the long term avg of 8%. Aggregate GDP has not contracted for 2 consecutive quarters yet either. I warned that a surge in immigration would keep inflation higher, and diminish living standards. Now people will find out that the BoC can't cut as much as they want either. The unemployment will keep rising but that is what happens when you bring in so many people, at a time when the economy is slowing. I also warned that people are going to be really mad when they see their home equity fall and everything else gets more expensive. That is what is coming next. I think you have been gaslit to think the economy is a lot worse than it really is. Many people are in great positions and are sitting on a mountain of equity. Only 35% of people have mortgages. A third have their houses paid off... The other rent and would see no benefit from cuts. I'm sick of propping up the few at the expense of the whole.
@@Casey-qm1nd * Aggregate GDP has not contracted for 2 consecutive quarters yet either * WRONG and we have been in a recession for the past 3 months. I called out 4 out of 5 cuts since April, and I have been right so far what about you ?
@@MM-xg2td this was a prediction from Tom Storey's channel. i said this over 7 months ago when everyone was saying real estate to the moon " I think you should still come out with a prediction anyways. My current call is double digit unemployment. I think sellers hold off on price reductions if they expect future cuts. However this will lead to increased inventory. New builds being completed will also be adding to supply at the same time. Once we get official hard landing headlines, sellers and speculators will try to front run each other. With all the inventory it should help prices come down. Once that inventory is absorbed, we go back to supply shortages as no one is applying for permits. There will be some prime opportunities coming up for those sitting on cash. The higher the unemployment rate is, the better the opportunity to buy." Another prediction that is close, called 600 SPY when SPY was at 400.
@@MM-xg2td -warned inflation would not be transitory -called 5% overnight rate in the US when many were saying that was impossible (called that before the hike cycle began). -called the rates would stay higher for longer than antipated too -pointed out how canadian consumers can't keep up with US consumers which I predicted Canada would foolishly diverge from the Fed -said SPY would go to 600 (at 400) and said markets won't crash until we get cuts. -predicted that cuts would lead to a surge in real estate listings, again contrary to what many believed I have learned that whatever avg people think, take the opposite side of the bet. I am also predicting that we are transitioning from a cycle where monetary policy is easy, to a cycle where the policy will be restrictive (could last decades). Avg people will be the last to figure it out. More cuts now = higher rates later and less cuts now = lower rates later. Most fail to see this simple logic. So many live paycheque to paycheque and fail to see the larger picture. What are your forward looking calls? I want to talk about stuff that will be happening a year plus from now that no one is talking about currently.
@@Casey-qm1nd LOL they will not let unemployment go up to double digits, they will cut aggressively before this happens. We have had no GDP growth in 3 quarters. 3 out of 4 cuts coming before Christmas and BOC rates to be between 2.5 to 3% by early fall 2025.
Invest in the financial markets before retiring by diversifying across assets, allocating a small portion of your portfolio, staying updated on market trends, and considering long-term holding to balance risk and growth
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.
the first job of the B of C is not to prevent a recession at the expense of inflation (printing money), it is reducing inflation. This is a horrible analysis
So I'm bailing out the people who have big mortgages? This is bad news. Rates are not high enough and the municipalities have too much red tape. The great reset will hopefully eliminate some of these problems until it's a problem again.
@@MM-xg2td It's my understanding that when the feds reduce taxes, reduce interest rates, and or print money to help the people suffering from these huge mortgages or prop up the stock market, the dollars spending power is reduced. I consider this a hidden bailout.
@@murrat And what do you think would happen if 2 million people defaulted on their house and declared bankruptcy ? You know that the CHMC is a Federal crown corporation ? Therefore the money they lose its passed own to the Canadian population so either way you take it you will pay.
It's understandable to feel concerned about the impact of high prices on your retirement plan, especially with the current economic uncertainties. Here are some insights to help address your worries
Numerous compelling stocks span various industries for you to consider tracking. While it's not necessary to act on every prediction, enlisting the guidance of a financial advisor is advisable. They can assist you in determining optimal entry and exit points for purchasing and selling shares or ETFs, ensuring well- timed decisions aligned with your investment goals
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 4years+ and I've netted over 2.8million
Kindly share the details for reaching your advisor. With inflation negatively affecting my funds, I'm in search of a more lucrative investment strategy to optimize their performance.
