Another reason it's less likely to happen that way is that there is already too much demand waiting to absorb that regardless of how everyone is panicking and calling the crash. Nobody was making this prediction in 2008, at least not the general public, as I indicated below. In the other comment, it was mentioned that the ownership rate peaked in 2004. As of today, we are at the median level, having previously peaked in the second quarter of 2020. It decreased by 3% over 4 years, from 2008 to 2012, going from 68 to 65 in the second quarter of 2020.
Most people are unable to handle a fall since they are accustomed to bull markets, but if you know where to look and how to get around, you can profit handsomely. It depends on your entry and exit strategy.
Given that we are not accustomed to such unstable markets, the fact that the US stock market had been on its longest bull run ever makes the widespread panic and excitement understandable. I've made over $780k in the last 10 months, and it wasn't a difficult course of action, as you pointed out, so there are opportunities out there if you know where to go. I got a portfolio counsel since I knew I required a reliable and strong plan to get by in these times.
My specialist is Kimberly Jean Heavner I found her on a CNBC interview where she was highlighted and contacted her a while later. She has since give passage and leave focuses on the protections I center around. You can turn her upward on the web assuming you care oversight. I fundamentally follow her exchange design and haven't lamented doing as such.
@@palmersolga I can understand why Kimberly is so busy because she has impressive credentials and a terrific resume. But I still set up a meeting with her.
@@easytraveljay hey you know what that sounds like a good idea. I’m just gonna make money as much as I can then let the 20 year olds chase me when I’m in my 40-60s lol
Every older man you talk to will always say “don’t chase girls” that’s the most common advice older men give. That’s gotta be the most crucial advice for young men. Stay strong my brothers 💪🏽
My grandfather is 81 and he literally told me to get a nice Swedish girl in front of my girlfriend. He would never let a good pussy pass and never tell me to do that.
@@contraband1543then do something about it bud, only you can. The greatest thing about chasing financial, health and mental success as a man is that everything else will fall in line, especially the woman, you will find that you need hoe repellent cause so many of them want you!
@@contraband1543 that’s because that’s 1 step of the puzzle. If I were you what helped me is apply for a recruiting firm like Robert Half they will help you help a good job that fits you if you have some sort of college experience. I did so I got a temporary job to grow my resume.
Real Estate provides cashflow, tax benefits, equity building, competitive risk-adjusted returns, and inflation protection on its own. Whether you invest in physical properties or REITs, real estate may help you diversify your portfolio and reduce volatility. Dividends are what got me into investing in REITs, great way to secure the accumulate wealth, I hold AMT, CCI & PSA. $290k in profits made in 2022.
Consistently investing in high quality dividend paying REITs & companies over the long term is a relatively easy strategy to create generational wealth. My "boring" REITs portfolio paid me over $45,000 in dividends last month.
It's time to make high value games! Discounted dividend stocks. Ever grateful to my FA “Margaret Johnson Arndt” I now have a six-figure REIT portfolio, which includes, but is not limited to; AMT, SPG & PSA.... I now have 606 shares of AMT which pays dividends of $3800 per year.
I greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look her up and send her a message. You've truly motivated me. God's blessings on you
@Leg Magnets no it's really not..that helps sure..but it's not exclusive. You can always make friends...make a good impression...you'd be surprised how far it gets you. You'll never get literally anywhere with that pathetic crybaby "I can't do anything about it" attitude....
"Don't take no for an answer" meaning in a business context and you're shot down, your odds of success exponentially increase when you show how serious you are and aren't immediately deterred by a rejection of ideas or proposals
For those in college now. Word of advice... Network like your life depends on it. The people you know and connections you have create opportunities. Hard work will get you where you want to go regardless.
The thing about millionaires that everyone who isn't a millionaire fails to realize is they want you to succeed as well. They just expect you to put in the work like the vast majority of them did.
Exactly. It's so sad so many people, many of whom have never had a job or contributed anything to society , are brainwashed into thinking the reason they're poor is because rich people took it from them. My God. Bernie sanders got millions of votes pushing that poison
It seems like a lot of them aren’t self made though. For example, warren buffet, Jeff Bezos, Elon musk, and Bill gates all started off with money and connections. They weren’t just an average middle class person that created their wealth from nothing.
ALWAYS PAY YOURSELF FIRST 10% OF EVERYTHING YOU MAKE, NO MATTER HOW SMALL! Basic - in 10 years you would have at least one years' salary put aside, giving a great base to land and relax on 10 years jnto your career/job (chance to maybe refocus, new career, etc) Better- make that money work to make you more money through smart, safe investments. Most wont listen, but at least 1 person will read this and it will hit them as so obvious and simple.
Great advice for young investors! Starting early in commercial real estate can set a solid foundation. Focus on learning the market, building relationships, and staying patient. Long-term gains are worth it!
The number one way to get into commercial real estate is to have been born at a time so you were young in the 60s, 70s, and 80s. Good luck being young in 2023 and trying to break into that industry without already having a foot in the door. Not impossible but infinitely harder than it once was.
Absolutely. If you are just out of college, CRE brokerage is not a wise path unless you have family who can add you to their team or you got a job at the top 2 firms AND you have family who can help support you for a few years. Nobody is trusting a 22-30-year-old with one of their company's most costly decisions. The only reason I mentioned top 2 firms is because they have institutional lines so small to midsize deals can sometimes land in the younger broker's lap at a much higher rate than they would at any other firm.
Lol I’m an outside sales rep Joshua I get out plenty, networking events are absolutely vapid and hollow it’s all just fake smiles and ass kissing, nearly every big deal I’ve ever witnessed closed by me or any rep had an interpersonal family/close friend element too it. Someone’s dad or aunt knows so and so yadda yadda here’s the contract. Nepotism is absolutely what it is because successful people don’t typically start from square one with relationships like someone from the “outside”, their daddy and their daddy’s daddy are well known in their community and the family and close friends of those people benefit. That’s the definition of nepotism.
It can be. But sometimes you can make those relationships simply by going out to a nice bar and ordering a few drinks. I’ve scored clients by doing that.
@@ChristianF15cher I wasn’t speaking to you, just saying in a general sense that’s what he means by that. People are more willing to hire you when you have connections/people to vouch for you. Sorry if I made you feel like I was disrespecting you personally
This guy reminds me of my uncle who’s a ceo, he makes over 7 figures a year but drives a rusted out dodge ram pickup from the 90s and wears blue jeans and polos
I'm 20 and if I have to give my 19 or 18 year old advice, it would be to delete Instagram. All it did was make me depressed on how good my friends life was and how bad mine was. Not everyone needs such a drastic measure, but if u know in your heart that you should get rid of it. Get rid of it at least for like half a year. You can always download it later, but focus on that exam u have coming up, or learn that skill u've been avoiding learning. Do something productive.
Yeah... it would also help being born in the sixties, these old people had opportunities that us millennials and Gen z will never have without serious financial help from a family member.
It was a lot of easier then but it’s a lot easier now in certain ways , I gross 50k a month between my regular job and side businesses . Internet makes a lot of things easier and more accessible. I’m 28
There’s a ton of opportunity today. I’m 22 and make 6 figures knocking on doors 25 hours a week. The grass is always greener, imagine all the stuff we have today he didn’t have growing up in the 70s and 80s
People don't understand what don't take no for a answer means lol. No it does not mean fight them or force them you must figure out how to persuade them to make the deal unpassable
