Sign up for an IRA with iTrust today using this link: itrust.capital/David Will this rotation out of tech stocks keep dragging down the whole index? FOLLOW JASON SHAPIRO: Crowded Market Report: www.crowdedmarketreport.com/ Twitter (@Crowded_Mkt_Rpt): twitter.com/Crowded_Mkt_Rpt
I love your show and it's nice to see sponsors seeing value in having you promote their services. You reach a great audience. Good stuff all-round. Thanks iTrust for supporting David's endeavours! ❤
Investing does not need to be complicated. In fact, the simpler the better in my opinion. I'm retired and did so at age 42 with about $1.1M for two people. We had an advisor from Morgan Stanley in our corner. Maxed 401k for many years and then saved additional in index funds in taxable account. Our rate of return has been around 10% percent per year in the taxable account over the last 10 years.
Agreed. I have some fun money in RH but the big majority is managed by Morgan Stanley. I’m actually outperforming them this year but the value they’ve added in other ways over the last several is well worth it for me.
That's amazing congrats. I grew up in a cash only savings environment and a mother who has a small 401k saving. I’m just now learning about the stock market creeping towards 30 so I would appreciate more information about your advisor.
She goes by Nancy Magaret Delony I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
I just Googled her name and her website came up right away. It looks interesting so far. I'm going to send an email to her and let you know how it goes. Thanks for sharing
I use vanguard personal advisor services. They charge 0.3% a year. I could tell you what he has me invested in, but AGE matters so much. I am 52 and retired. So I have stocks and bonds. Stocks are in "Vanguard total stock market fund", and some in "Vanguard international fund". There might be a third similar one. I'd have to look at my bond fund. For you at age thirty, mostly stocks is advised.
I'm convinced that investing 50k-100k in the right company before it goes big is more important than saving for retirement. However, picking the right company is so hard. I have around 200k in a HYSA and want to invest it. What are the best opportunities now?
I believe investors should start with S&P 500/ETFs for a solid foundation, then diversify across asset classes and maintain disciplined, regular investing to minimize risks and maximize growth.
The issue is most people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, Financial Consultants are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded massively in ROI, summing up to 7-figures as of today.
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
Amber Michelle Smith has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
It's sad how difficult things have become in this recessive economy. I was wondering how to utilize some money I had. I used some of it for e-commerce business, but that sank. I'm thinking of how to protect my $150K-worth stock portfolio from decline, but haven't figured which way to go.
Very difficult indeed, but when the going gets tough, the tough gets going. You have to learn and handle finances properly. you should hire a CFP to help you diversify your assets to include ETFs/index funds/mutual funds and stocks of companies with consistent cash flows. Don't go for penny stocks.
Opting for a brokerage Adviser is currently the optimal approach for navigating the market, particularly for those nearing retirement. I've been consulting with a coach for a while, and my portfolio has surged by 300% since 2022
There are a handful of CFAs out there. I've experimented with a few over the past years, but I've stuck with "Kathleen Cheryl Constantz’’ for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
The continuously changing economic conditions in our society have made it necessary for people to find additional sources of income, thus I am looking at the stock market to fuel my retirement goal of $3m, my only concern is the recent market crash.
Agreed, despite my rookie knowledge of investing, I have a financial advisor who did the trick in a bit more than 6 months after a lump sum capital of $500k, and I've so far made a fortune. I'm now buying real estates, gold and silver as advised by my FA.
truly appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
I'm cautious about giving specific recommendations since everyone's situation varies, but I've worked with "Melissa Elise Robinson" for years and highly recommend her. See if she meets your criteria.
There seems to be skepticism amongst investors regarding the Federal Reserve's plan on interest rates. I'm at a crossroads deciding if to liquidate my dipping 200k portfolio, what’s the best way to take advantage of this bear market?
I would avoid the index funds or specific stocks cos 5% fixed incomes are the safest bet for now. Save your cash for when the market actually shows signs of recovery or better still consult with a market expert for guidance.
@@Higuannn I think you're better off with majority investment in S&P500 and uprising equities cos they always outperform. Also speaking with an advisor can help with pointers. I've been in contact with one, she has been really helpful.
@@Angelavaldess I work with the popular Sharon Crump Cline. Who happens to be a is a hot topic among financial elitist in The US. Especially for her works during Covid. All the information you need to set up an appointment is on her web page.
I work with the popular Sharon Crump Cline. Who happens to be a is a hot topic among financial elitist in The US. Especially for her works during Covid. All the information you need to set up an appointment is on her web page.
I want to diversify my portfolio worth around $200k, i'll be buying some Tech stocks, what are some new gen stocks i can add to my portfolio to get reasonable increase and protect my future
Accurate asset allocation is crucial, I used hedging strategies to allocate part of my portfOlio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay finan-cially secure for over five years, yielding nearly $1 million in returns on invest-ments.
He doesn't give a flying fk, and that's why I appreciate guys like him. I feel like most guys would either shave it all off or get quality hair transplants from Turkey or India for pennies on the dollar, but he rolls with the punches like a G! Raspekt
"You are setting yourself up because you are thinking about what the future is going to bring, so you get buried in these thought processes because you want it to be about you being right" The best quote i could ever heard in my life about the importance of mindset to be an investor OR a trader. I had to replay it 4 times to let it sink in, well done.
I think a much better use of Jason's interview would be to talk about his specific positioning right now. He's been very clear, he is not a prognosticator and not interested in macro. He trades his process of COT positioning. Why wouldn't you just discuss what positioning he finds interesting currently? Instead you are asking his thoughts on macro and overall market trends. You took all his "alpha" away by asking general macro questions which he will be the first to tell you, I don't know.
About time for Jason to come on again. He's just so intelligently humble. If he weren't into making money, he'd be the next Buddha. Great conversation & lots to learn for us ignorant.
YES!!! that's exactly her name (Mrs Elizabeth Regina Nelsen) so many people have recommended highly about her and I'm just starting with her from Brisbane Australia🇦🇺
Wow. I'm a bit perplexed seeing Elizabeth Regina Nelsen been mentioned here also Didn't know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super
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.
An amazingly humble person. When was the last time you saw someone looking down when he was talking about his achievement? + He is often correct whenever HE PLAYS.
hm, I like this guy. So down to Earth. Seems very trustworthy. I like people who are not afraid to say "I don't know". And you are great interviewer, even on such tough obviously introverted and super high intelligence guys like him. You just know how to ask right questions and open them up. Well done.
Is that even factual? There are plenty of (initially) very speculative mining stocks and other equities from different sectors that have seen tremendous gains over a similar length of time.
This guy has no clue how to invest or trade mining stocks. Why is David even asking him about them. People who know the mining space have made life-changing fortunes in miners, which you cannot do in the commodity. Rather than admit he knows nothing about the space, he disparages it. This guy has one formula and it works for him. Obviously there are other methodologies that are equally or more lucrative.
@@billybudapest3129 These are classic momo traders. "I dunno man, no one else is doing it. It never works. Except sometimes but no one knows when or why!"
Thanks David, thanks Jason some great stuff here, & had to scroll back and re watch again. Some great responses from Jason that brought similar views of my own. It's very helpful & reassuring. Much appreciated best of luck
I ligit think Jason is a good fade he was saying the nasdaq don't short keep making new highs like literally last Thursday or Wednesday into Thursday when i was shorting and it did top
Yeah because he isnt trading on a 4 day timeframe lol. Nobody can predict the market is going to drop 5-10% in a week. The trend is up, and its more likely the nasdaq will continue up until something big confirms its time to get bearish.
We are all gamblers. Life is a game of incomplete information, just like the financial markets. Here's a game you can play: Try predict what your significant other will do given X, Y, and Z occurring on an arbitrary day in 3 weeks time. It's hard to do man! But, given your knowledge of your significant other, you can assign probability estimates to how they might react, AND you would likely do a much better job than someone who barely knows your S.O. (you've had time to analyse their past behaviour, thought processes and emotionality). Your mission is to be confident in your prediction and do a better job than the next man or woman. Gather data. You will never know with 100% certainty how they will react. But you can get closer than you think if you put in the work. Some people gain such an intimate knowledge of financial markets by focusing on them every day that, despite the chaos, they have greater clarity than a layperson and they will outperform P/L%. We are all gamblers!
Totally agree with Jason, general investors should stay away from the mining company sector, plus the tape tells all. But I love the stuff and it pays better than prospecting, all though I love that too.
My fav guest! doesn't pretend to know it all, like all the others. everyone else like to get their crystal ball out for the show and make wild claims to pump the stuff they are in
@@christianpichardo8214 has nothing to do with whether someone is long or short. It's about market dynamics, debt cycles, and politicizing of the financial system. You seem like a sheep so you wouldn't understand.
Crowdedness doesn't have anything to do with the direction of price. Yes, the price could keep going up if the trade is not crowded, if speculators are net neutral or crowded to the short side. Additionally speculators could be crowded long but Jason would not initiate a short until the price action confirmed an entry point.
Brilliant interview. He might have a blindspot where miners are concerned though, ironically in the only example where the sentiment he sees in others is brilliantly displayed by himself. There’s lots of ways to successfully trade though, and it’s fine he avoids the mining space as there’s more than enough reason to historically speaking. That said, that very sentiment is what’s making it such a contrarian opportunity. Commodities will fall with everything else in the coming correction, but due to the massive psychology that is sure to be involved, commodities in general, and PMs in specific will see demand levels not seen in decades. This will translate to levered moves in mining stocks.
If the world's banks are buying silver and gold hands and feet it would be a logical to assume that the mining industry is completely undervalued because the price of silver has been suppressed for almost 200 years so I don't see his logic... Silver is being traded for almost $5 more an ounce in China eventually they will take over pricing
He was very clear that he does not trade individual stocks or etfs, so he is not familiar with the symbols but the context is very clear: by the commodity.
Macro always wins but if we are trying to make money trading it is WAY TO SLOW!! And the possible drawdowns using the long term charts is way too much (risk / reward) We look at the long term charts (monthly (Macro) / weekly) to look for events ... massive candles, trend changes etc. But we trade off of the daily / 4hr (swing trading) and 15m / 5m / 2m (day trading). That is just how I do it. I think everyone needs to find their own time period to trade. This is just how I do it.
@@prolific1518 MACRO is too hard IMHO. For example why in gods name did inflation keep going up if the FED did one of the fastest rate hikes in history? I have theories, mabye there was just way too much money in the system from all the printing. Maybe because Congress and the Treasury was doing stealth QE? Mabye it was from zero day options, or deriviaties or AI FOMO, or set it and forget it 401k / Roth IRA investors. Or maybe it could be all of the above. My point is it really doens't matter why. Infaltion was going up, assets (stocks) go up with inflation until they don't. And when it stops the bottom falls out and the door is only so big so not everyone gets out. For me MACRO is way too much work and too hard to figure out what is real. No one can argue with price. Price is price it is what it is being sold and bought for at that exact second. Learning how to trade price and almost no indicators. I find my profits are much better and my sanity stays intact. When someone tells me they bought a stock. I ask them this: 1. What got got you in (never set up action or price action... more of my brother said... or I like the company) 2. What is the price you get out if you are wrong and it goes against me (stop loss order)... get blank stares, 3. If it moves in your favor what will be the point you move your stop loss to break even (now playing with the house money) 4. When will you get out? Will you use a 2 candle close under the 8 or 20 simple moving average. Will you sell into the 2nd push and sell when you get a divergence on RSI or MACD when price is making higher highs? Folks don't know this stuff. This is why they are doomed to fail. I was not trying to be harsh. I was trying to be realistic. It takes a lot of work and meme stocks are not it. I won't even tough them unless I am day trading and I usually hold them for minutes for a quick scalp and there are lots of really high priced meme stocks right now... TSLA and NVDA come to mind. I wouldn't trade those unless again day trading. Swing trading or investing in them is gambling. Ai has not really produced any revenue, and TSLA sales are decling ... both are going up again MACRO view there which is opposite of what I should be doing. I don't like to trade stock that are not doing what they are suppose too. There are much easier trades. I wish you luck and great fortunes going forward.
Uh. I'm up 33% on my miner and 25% on gold? I suppose if you are simply looking at the YTD then yeah.. ok... but Miners bottomed in March (Big minors, not juniors)
