What will be the outperforming assets to hold for the remainder of the year? Sign up for an IRA with iTrust today using this link: itrust.capital/David Subscribe to my free newsletter: davidlinreport.substack.com/ FOLLOW ALEX MORRIS: F/m Investments: www.fm-invest.com/
Thanks Mate, the sad truth is that no one has a clue, we all react to what happens as it happens and try to analyse it but can’t predict an iota of what is going to unfold in the markets… content creators are like amplifiers, when times are good they affirm it and try to tell you why it’s good and that it’s looking bullish but then all of a sudden the market turns bearish and everyone affirms it again and try to analyse why… it’s so sad that many are so powerless and it's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 2.3Bitcoin to a decent 19Bitcoin in the space of a few months... I'm especially grateful to Kerrie Farrell, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape....
Investing with an expert is the best strategy for beginners and busy investors, as most failures and losses in investment usually happen when you invest without proper guidance. I'm speaking from experience..
I’m 55 and hoping to end the rat race at 60. I know money is liability to be exchanged for real assets like real estate (rental income) stocks (dividends) gold (wealth) But, what is it with bitcoin? I'd love to diversify my $200k portfolio for rapid growth.
look at the charts, bitcoin has outperformed every stock and banking product ever developed even after multiple pullbacks over the last decade. not a financial advisor but I know what i'm saying
The key is diversification. Personally, I delegate my day-to-day investing to a license advisor, cos my job doesn't permit the time to analyze stocks myself and thankfully, my portfolio has now 5X in 5 years, just about 10% shy of $1m. Stay motivated friends.
@@everceen i'm blown away! mind sharing more info please? i am a young adult living in Miami where i've encountered several millionaires, and my goal is to become one as well
Can't divulge much here, I take guidance from a Pennsylvania-based advisor 'Karen Lynne Chess' and most likely, the internet is where to find her basic info, simply do your research.
Nobody should be depressed about Tesla stock right now on the brink of Autonomy. This is the moment to be the most Bullish ever. Right now i'd just like to appreciate short-term opportunities that I could take advantage of with 100k ..
Don't be in a hurry to get back in. The market needs several days of strong performance to signal that the downturn might be over; It's a time to be largely, if not entirely, in cash
The issue is most people have the “I want to do it myself mentality” but not equipped for a crash that comes afterwards. Ideally, advisors are perfect reps for investing jobs and at first-hand experience, my portfolio has yielded over 300%, summing up nearly $1m, since covid outbreak to date.
*Marissa Lynn Babula* is my FA. Just google the name and you’d find necessary deets. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
But the employment numbers are strong! Just disregard the real ones after the report was revised. Real estate being slashed by 20 to 40%? Strong housing market too. I would say that the credit card companies are the bright spot in the economy right now because everybody is maxed out, but nobody's really paying their bills so maybe not... I've gotta run to my 4th side hustle now to pay rent, talk later
Every job I see already has between 100 and 400 applicants that day. I got 1 check for $650 during the pandemic. This guy's reality is 100% the opposite of mine.
Yeah, I'm not sure where all this "flush with pandemic cash" talk comes from. I only got a couple of checks for about 3K going on about 4 years ago now. 😂 Now companies, small and big, they got some real $$$. Nobody seems to want to point out that the pandemic bailouts were for business.
It's good to see all of these comments are exactly what I'm thinking. This guy is a look you in the face and lie repeatedly kind of weasel. It's funny to me how the auto industry, new and used, is completely dying. Home improvement and other retail sales are in the tank, never mind the Bank failures. I guess he's right, the economy is doing great...
Gold is inside the system... if you don't trust it you need to be in BTC not gold. Folks don't know but FDR stole amreican's gold. Think that can't happen again. And there is a reason why BTC is the best preforming asset of all time and not gold.
@bpb5541 what? BTC is way more volatile than gold. Gold is up at all time highs.... BTC is a long way of its high. The central banks are buying gold not BTC! Good luck with your BTC speculation.
@@userjoe4321 I know I am crazy... I have read more than a 100 bucks on all this stuff. Gold is at an all time high yes... but what do you get when you sell it? Dollars right? If you count inflation for the last 25 years and the erosion of the dollars purchasing power gold is not worth $2500 an oz its is worth $450. Folks think they understand gold. They just follow the crowd. I do hear you on BTC being volitile. It sure is. But there is a reason it is the best performing asset of all time and not gold. Gold is in the system. BTC is not. The more the dollar erodes the less gold and all assets are worth. BTC is only different because you can go to another country and sell it there for something that is actually worth something. You know a good strong currency... and then buy some gold with that. Not dollars. I think folks are counting on gold to save them should we have a dollar collapse. I think that is BTC's job. But my hope is that BTC gets crushed with all other risk assets... stocks, bonds, gold, silver, residential housing... you know all the stuff that is in a hyper bubble due to all the over printing, QE, bail ins, bail outs, and at or near zero interest for the last 15 years. If BTC and Gold get crushed... trust me I am going to take a huge amount of my profits from my massive highly leveraged short positions and back the truck up. Go long as much as I can/ I am not hating on gold. I think it has a place for sure... so does silver... I just think store of wealth should be BTC ... they can't print anymore of that.. and there is no more to be dug out of the ground. Which makes it rare and unable to be just inflated away like all other assets. I was actually a huge crypto denier until I read "broken money", which I highly recommend. Best of wishes to you, I hope for you and yours all the best. Thanks for replying to me. I appreciate it and I value your opinion.
Do you see that scar above David's right eye?! That injury was inflicted in a bar fight with pool sticks. You should see the other guy, who just recently was finally able to get out of his wheelchair!
Keep the optimism up! I'll be closing on selling my house in the near future and i'd love for the world to not fall apart until after. Stonks to the moon and all that!
You are 6 months late on selling your house... and if you are smart you rent for a bit and then you will be able to buy 2 houses. Just like what happened during the GFC. Stocks... i think everything said and done we drop 86%.. it is going to take years.
DO NOT SELL, BUY and hold. I bought 1000 shares in 2011 another 500 in 2016 when the story began to change and have yet to sell a share. I am up over 23,000+ % and now have 60,000 shares due to splits.
@@Angelavaldess I bought NVIDIA because my financial advisor recommended it to me. She said the company is selling shovels in a gold rush. It accounted for almost 80% of my portfolio.
@@biankabrodeur01 That's a great analogy and I love the insight. Professionals could make a really big difference in investing, and I think everyone should have one. There are aspects of market trend that is difficult for an average joe.
@@Angelavaldess I've stuck with ‘’Marissa Lynn Babula” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
Does anyone have any prediction what market will do tomorrow after the fighting in Middle East last night?. This was a major escalation and feels like WWW3 is about to start.
It's more than half-way too late to buy fixed income. Long term corporates are already up 18% from the bottom last Oct. Perhaps another 10% gain to go. I don't think most analysts saying to buy now were saying that 10 months ago when it actually was a great deal. When everyone is saying rates are heading to zero and so buy fixed income then we'll know it is time to sell fixed income.
After I raised up to 325k trading with her I bought a new House and a car here in the states 🇺🇸🇺🇸also paid for my son's surgery (Oscar). Glory to God.shalom..
Wow that's nice She makes you that much!! please is there a way to reach her services, I work 3 jobs and trying to pay off my debts for a while now!! Please help me.
Lmao willing to take on credit. What the fuck is this guy talking about. We needed to take out credit becusse our income isnt increasing to match the raise in prices for insurance mostly and food. This guys hillarious, i like how he says if you are willing to trade yourself or just have us do it for you for a nice fee. 😅
Of course it’s going great so they are cutting rates-does the monstrous deficit have anything to do with nominal gdp going up-after you cash out your house to retire where the hell do you lay your head at night- one big long camping trip(homeless) to make your golden years exciting! Who is this guy?
Well, the TSX (Canadian Stock Market) was up over 1% today. How nice! Sounds like Alex is bullish on Commodities. We need to get away from all the big shots predicting doom and gloom (as they are in short position, and hoping for bingo!)
Every company is trying to guide wages lower and prices are still much higher than a few years ago. That's a double whammy. @10:30 'dynamic job market' lolz this guy is clueless.
he points about abotu fed behavior and prospects seemed reasonable and yes sort of goes against the grain evidently esp from comments but main claim is a desire for status quo which is what the most financial secure want - any they usually get what they want hence stock continue uppish with volatility ( he didnt mention vol) save for black swan event - the american working middle class will continue to spend regardless of 25 -50 basis hike - will not measurably change- things will persist - l no one is putting down the hot wings et al then all g
Folks don’t buy the 10 year treasury-almost all is bought by institutions- individuals buy municipal bonds preferred stock or funds and now govt money market funds
Yellen made my most evil finaical person of all time list... twice, once for being fed chair and the other for treasury secretary. She is absolute garbage
Haha lol. Yesterday i turned of this video @ 1.36 because i knew right away that this guy is up to no good. And today when i went back to check the comments i see other people have the same views.
Congratulations David for finally having someone on your show who actually is right. Unlike many of your guests he is not saying we are in a recession and that we will be in a Great Depression. I know people like to hear the negative stuff and it shows in your viewers’ comments, but you have to be stupid to not see the growth in economy and almost every asset class during the last couple of years and still say everything is crashing.
