Coming out of facing alot, I knew two things about the stock market: It caused the Great Depression, and the fastest way to make a million on the markets was to start with two million. And then the Great Recession happened only a few years later. So yeah, I wish someone had better explained it to me earlier in life. Having a good entry and exit strategy will make you succeed in the stock market.
A lot of folks downplay the role of advisors 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.
Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
Its worse here, our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.
People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
I'm very cautious about giving specific recommendations as everyone's situation varies. Consider independent financial advisors like "Annette Christine Conte" I've worked with her for some years and highly recommend her. Check if she meets your criteria.
Adam is just outstanding in his ability to communicate with his audience. He helps them understand complex issues always utilizing hard data to "back up" his assertions. Nice to see Adam 'unchained' and able to speak about HIS views on these all important issues.
I foresee a recession lasting 2-3 years, and if inflation continues to surge, the Federal Reserve will likely raise interest rates soon. Inflation is causing various issues worldwide, such as food shortages, scarcities of diesel and heating fuel, and significant spikes in housing prices, leading to a potential financial market crash. This global downturn could have long-lasting repercussions. Given the current inflation rate of approximately 9%, my main worry is how to optimize my savings and retirement fund, which has remained stagnant at around $300,000, yielding almost no gains for quite some time.
We’ve been in a recession for a while now but they kept moving the goal posts and stopped counting certain things in cpi to make it seem like everything is just fine.
The Chinese are also saving 30% of their income.They're taking vacations.They don't have college debts.They have free health care and they did not have an experimental vaccine besides Add high-speed rail. How are you gonna try to make them look oppressed now?
MSM have refined propagando to the point that it would make Goebbels blush. Tell a lie big enough and long enough and all the useful idiots will believe it. I am amazed at the number of my patients that are completely clueless.
Glad to see you hosting Adam Taggart. I like gold...BUT...at 90:1 I have more like for silver. My position is now to buy 195 ounces of silver for every ounce of gold. Both are excellent. Thinking the ratios will eventually work in my favor. I have time. Others don't.
Interesting to see the guy i usually see doing the interviews getting interviewed. I like it and i'm not surprised i agree with a lot of his positions.
Great interview and guest, Jeremy. there has always been speculation that trad-fi and even family offices will wake up and add more gold... but gold is for a certain type of investor, and I dont think the current & next generation will revisit it in any volume. Re silver, can it really go high? It's powerfully manipulated, and at the spike price commentators refer to, the everyday industrial products it goes into would be hit far too badly. So gold will plod along, hopefully just ahead of inflation, and the silver price will be held at bay, by the powers that manipulate it. Wish that it was different - but hope is not a strategy.
Does anyone else remember Powell using the expression "reciprocal Inflation"? So much for that although we need a version of that much more than when he originally said it.
You were supposed to have saved for retirement! People think ssi is supposed to cover everything but it’s only supposed to supplement your savings for retirement and that is your error!
Middle and upper class have stepped down and now shop at Walmart. The lower class can’t even shop there anymore due to inflation and have no money anyway. Birth of a recession
Min wage in Dallas $7.25 per hour full time. Renter require 4x rent or 3x rent bills included and nobody rents for under $500.00 means we need to earn min. $2,000.00 monthly. This is the cause of homelessness. Math don't lie.
Honestly, this concerns me and has left me uneasy. Especially this potential depression, no more a recession. I'm unsure about my $130K account strategy, considering the uncertainty of this whole recession mostly.
Agreed! this is why I work with one. My $520k portfolio is well-matched for every market season yielding 85% rise from early last year to date. I and my advsor are working on more figures for this year. IMO, financial advisors are the most sought-after professionals after doctors.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Carol Vivian Constable for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
Appreciate this recommendation, hopefully I can get some insight to where the market is headed and strategies to beat the downtrend with when I hear back from Carol
There are hundreds of retail stores all over yhe country which are closing That itself will be huge loss of jobs. It will not matter who wins. Snow ball has strted to roll down the hill. Nothing will be done when people have no jobs. Everything else will be irrelevant.
The labor participation rate hasn't been this low since the 1970's, so what is that data trend signalling? My understanding is that full time job growth has been declining over the last year, if true what does that data say about the current economy?
Definition of a Recession is employment but if the money people make isn't keeping up with inflation - what is that? Everyone I know is talking about this.
Question: Are you endorsing and happily supporting all those wars (including war crimes) the US seems to be involved in or backing when buying US treasuries? Making money is more important, Adam, right?! Sorry, gotta vomit now.
Why is it 🤞ok🤞 that prices are *still* going up? Cut, cut, cut till you get at the truth! If inflation was a starship, then its slowing, having arrived at Alpha Centauri - far, far away !!!
*Amazing video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires*
He has been saying this for years. The stock market has been on a tear. There will always be tough times for a number of people in society. His predictions are terrible.
Wow, I am baffled - is it the same Adam Taggart? Speaking so fast like it's on double speed... Gone is the constant stammering... Gone is the constant perplexed look on his face... Interesting. What's next? Maybe an interview on Wealthion and then CNBC?
Adam is been a perma bear for years. If you keep saying the same thing year after year, eventually one day you gonna be right. But given his history, I am willing to bet he is going to be wrong again, like always 😂
Gold was supposed to skyrocket…every year he predicts it. Stock market was going to crash. Real estate was going to crash. The Dollar was going to zero. Hyper inflation is just around the corner. All wrong predictions for an entire decade.
This guy is simply rehashing a lot of stuff which you can read in a thousand other news. We all know that gold is best for you, and bla bla.... Useless information.
