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Investor 'overconfidence' is market risk going into 2024 second half: Wells Fargo's Chris Harvey 

CNBC Television
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21 авг 2024

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Комментарии : 33   
@RolandWingo
@RolandWingo Месяц назад
Recessions are an unavoidable part of the economic cycle; all you can do is prepare for them and plan accordingly. I graduated into a slump (2009). My first job after graduating from college was as an aerial acrobat on cruise ships. Today, I work as a VP for a global corporation, own three rental properties, invest in stocks and businesses, run my own company, and have increased my net worth by $500k in the last four years
@FraserRyan-oz2bj
@FraserRyan-oz2bj Месяц назад
It's a delicate season now, so you can do little or nothing on your own. Hence I will suggest you get yourself a professional that can provide you with entry and exit points on the securities you focus on.
@Cynthia-mm1cv
@Cynthia-mm1cv Месяц назад
I've been in touch with a financial advisor ever since I started my business. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.
@tinsleyLuna
@tinsleyLuna Месяц назад
incredible, a fantastic start to financial independence! How can I contact your FA.
@Cynthia-mm1cv
@Cynthia-mm1cv Месяц назад
.Her name is 'LUCIA ALICIA CRUZ. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.. Just research the name.
@tinsleyLuna
@tinsleyLuna Месяц назад
I appreciate this share. I set up a call with her and I am keen on getting to talk to her particularly. Lady looks really great though even with the exams and other stuff.
@har0ld551-hn6fm
@har0ld551-hn6fm Месяц назад
I've been feeling pretty good about things myself. The market's been on a tear lately.
@Robby767
@Robby767 Месяц назад
Exactly! point is that when everyone's feeling bullish, that can be a sign it's time to be cautious.
@roseyfischer
@roseyfischer Месяц назад
Yeah, I remember reading something similar. Overconfidence can lead to risky decisions.
@Bigwilli123
@Bigwilli123 Месяц назад
So, what should we do? Sell everything?
@roseyfischer
@roseyfischer Месяц назад
No need to panic, but maybe it is time to take a step back and review your portfolio. Make sure your asset allocation still aligns with your risk tolerance.
@MONROEJACQ
@MONROEJACQ Месяц назад
Exactly. And diversification is key! Don't put all your eggs in one basket.
@Janise-pg8yr
@Janise-pg8yr Месяц назад
Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
@TaniaLato-ky4wo
@TaniaLato-ky4wo Месяц назад
With the US dollar losing value to inflation and other currencies gaining traction, uncertainty looms. Yet, many still trust in the Dollar's perceived safety. Worried about my $420,000 retirement savings losing value, I seek alternative security for my money.
@Manselus-uy3kz
@Manselus-uy3kz Месяц назад
With my demanding job, I lack time for investment analysis. For seven years, a fiduciary has managed my portfolio, adapting to market conditions, enabling successful navigation and informed decisions. Consider a similar approach.
@Manselus-uy3kz
@Manselus-uy3kz Месяц назад
My CFA ’ANGELA LYNN SCHILLING’ , 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 financial market.
@ashkanzaker6077
@ashkanzaker6077 Месяц назад
😂
@Helena-dk9er
@Helena-dk9er Месяц назад
​@Daniel-ss7ri No worries, we all start somewhere! 📈 First, grab a comfy chair and some popcorn 🍿, and dive into some beginner-friendly finance videos. Start with basics like "investing for dummies" and "how to trade stocks 101." When you're ready for more, also consider financial advisor like Margaret Ellen Whitlock-I came across her in a CNBC interview, she's like the Yoda of finance! May the gains be with you! 🚀💰
@spce956
@spce956 Месяц назад
Ross, TJ Max.... its crowded at Goodwill and Salvation Army😮
@Patrick-yh5yd
@Patrick-yh5yd Месяц назад
Banking with Wells Fargo is a risk. Clarke Howard is right about that bank.
@chrisadams27
@chrisadams27 Месяц назад
Maybe it tells you that consumers are smarter because they've learned about pricing with so many options
@BoSaycosie-cj6sx
@BoSaycosie-cj6sx Месяц назад
I don't know why!! Lol bank! 😮
@MatthewMS.
@MatthewMS. Месяц назад
nVidia can’t break, way too strong and big. If long term 5+ years no need to trim position in dips, look away if you get scared
@janentomenkafka
@janentomenkafka Месяц назад
I agree that Nvidia won't break. It is however heavily overvalued. The big tech companies have also gone up a lot more than the rest of the SP500, and that indicates a bubble. So I wouldn't sell Nvidia, but I wouldn't buy today either. Not at the current prices. Another thing. Until a few years ago, Intel was the top. Today they produce average chips. The same could happen with Nvidia. Or go a bit further back in history. Computers have changed the world, but what is IBM today ? And only boomers will remember popular computer companies like Commodore and Atari...
@chrisadams27
@chrisadams27 Месяц назад
Your assumption doesn't make sense because even people like Warren Buffett and other billionaires actually don't waste money on stupid products that are expensive
@MatthewMS.
@MatthewMS. Месяц назад
0:58 💚🖤📈🇺🇸 *THE* 🐐
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