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Sounds like a skeptical outlook on things then. With the rate cuts do you think it's best for us who are not conservative investors to focus on bonds or dividend stocks? I want to reallocate my 7-figure portfolio and I preferably want the assets with the best ROI.
Bonds are a safer bet. They offer good stable yields. But dividend stocks could make you a fortune if you know how to go about it. But it's always a good idea to work with a CFA. It streamline your strategy and help profit a lot.
I’m currently working towards FIRE with a focus on dividends & growth investing. Since 2014, I’ve built a portfolio made up of 30% NVDA, 25% SCHD, 15% VOO and over 30% in digital assets, thanks to my CFA. This strategy has helped me earn $49,000 a year in dividends. Back in 2014, I only earned $21 in dividends.
For Tupperware, it's like people figured out the best way to acquire food containers is that when you finish a 1 lb tub of lunchmeat, just rip off the labels and voilà! Free reusable food container.
Ending remote/hybrid work is much worse than firing 10000 people. Amazon is pushing away their best employees while Meta fired the 10000 worst ones. There is no comparison.
@@iSeeSoundsShow The best employees value the flexibility to decide how to work because they are the pros that know how the sh*t is done. They don't need to be micromanaged by useless managers. Meanwhile the worst employees will stick around because they are afraid to go back the job market and try to get a better job.
As someone preparing to retire after 40 years in the corporate world, two-thirds of it with Fortune 100 tech companies, there’s a bigger issue here than Amazon’s data. In recent decades, our technology has made it unnecessary to trudge off to an office five days a week. That achievement is aspirational for our civilization. It provides people more flexibility to be people than just employees. Moves like this one represent old thinking and a step backwards. I’m not about to sell my Amazon shares over it, but we need to start thinking bigger on how work is integrated into life, not smaller.
@@gilhodges7260Culture is the biggest bullshit corporately hijacked word in existence and it means nothing. It's trying to be an analogue for only one thing, production. That's it. There is nothing behind that word beyond that and if a worker produces more at home, he does. Collaboration is the second biggest bullshit word and is also a magic propaganda trick for production. These companies want you to the sniff farts, they produce all day, have the gas tickle your nose hairs and suddenly come out the other end preaching the Scientology they produce as if these shitty words mean anything else.
@@gilhodges7260 can you elucidate how coming to office 5 days a week has any rational basis ? How is it exactly helping productivity? How is it helping the culture? What exactly can you do if you were to come to office everyday that wouldn’t be feasible if you were say coming for instance 3 days a week ?
@@gilhodges7260 if by culture you mean isolated in your cubicle and being surrounded by grumpy coworkers who hate their lives that don’t like talking to others then yeah companies have culture. Culture we do not want to be a part of.
Big L for going to office to work, any employee worth their salt will look elsewhere for a job, if it pays less but from home could be worth taking now
Bosses at the top enjoy flexing their power and making the ants follow their orders. For the majority of office jobs, there is not a valid reason for mandatory in office 5 days a week.
Let’s see, previously indifferent employees that bragged about “quiet quitting” - doing as little work as possible - are suddenly advocating working from home because they’re all about improved productivity, time management, and helping the company thrive. Nope, nothing employers should find suspicious about that at all.
@@Wakeywhodat There’s an entire industry growing around faking productivity while at home, from mouse jigglers to AI doppelgängers to fake being in Zoom calls. The situation is that only a fraction of workers do so from home, and the ones that do have spent years bragging via Instagram about how little they do.
It’s probably the best time to do it since there not much else to go at the moment. So disruption won’t be as big. They foresee their AI tech will require less engineers anyway. Less engineering required less managers.
@@youtube1stViewer I def agree with the layoffs piece. That share dilution from the AMZN RSU's that they grant their managers is massive. AMZN stock would perform much better with less share dilution.
LOL Inflation is gone. Please ignore the 20-30 percent hikes in home, vehicle, and health insurance. Food is still expensive and housing costs have not really come down.
@@fishingva9946 i understand inflation perfectly because I am watching price on a lot of things still rising. By the way, saying inflation is tamed after most things hyper inflated and stoped at 2% isnt a win
prices going down is deflation and that would be catastrophic economic event. 2% inflation is what historically you always had and how the system works best, you just don’t feel it because your salary grew at 3% or more
Inflation has been under control and declining….. if you don’t eat, drive a vehicle, sleep in a home that you have to pay for….and don’t forget… leave coffee out of it. Who drinks coffee anyways? 😅
Can someone explain how a daily 3-hour total commute, sitting in an office filled with constant background noise from colleagues and teams, and being stuck on endless calls, is supposed to be conducive to productivity-especially for jobs that require deep focus? I work at a large tech company, and even when everyone is physically present in the office, people still prefer using tools like Teams and Slack over face-to-face conversations. These tools allow for easier screen sharing, recording, and transcription, which ultimately makes them far more efficient for collaboration. So why force people into the office when the benefits of remote communication are so clear?
@@CoinHound how do you know people at the office are actually working? If your measure of “work done” is hours spent at work you have much bigger problems in your organization. In the case of engineers you know it by the work they deliver at the end of each Sprint .
Amazon is bleeding their brightest and smartest employees by doing this. It’s easy for Jassy to sit in his nice private plush office and order everyone back to the office five days a week. He has no idea what he is talking about. Collaboration is not better in the office, especially when there is no privacy, and not even enough desks for everyone to sit at. Employee morale is at its lowest ever due to this stupid policy and no raises, and hardly any RSU refreshers.
This is one of those videos that highlights how out of touch RU-vidrs are from reality. We have Joseph who sits home and uploads videos taking the side of Amzn to push people to work from office so that his stock can be better. Another massive hypocrisy is his take on reducing stock based compensation. 2-3 Bill for a trillion $ company is now too much. Many people are motivated to work extra hard just by the stocks similar to Joseph. This is one of the pitfalls of simply putting money into stocks and wanting it to grow at the expense of thousands of actual real human beings and then criticizing from afar from a comfortable home demanding them to slave their lives away.
On the subject of Amazon, no potential severance payout if you get the under achievers to leave vs getting RIF. That is how the risk management teams think in large companies... Make it uncomfortable, and the people that don't put in 100% will leave.
I was recently in a Tupperware store out of curiosity (i didnt even know they existed). What surprised me was there where still so many innovate solutions you dont really see elsewhere. I believe with better marketing and the transition to glass/metal options Tupperware would have easily made it
One note on the Tupperware bankruptcy. My mom had a bunch of Tupperware over the years and according to her they have a lifetime guarantee on their products. I wonder if that was too generous an offer and they were unable to sustain that practice long term.
Dumb decision by Amazon. They hired people in a team from all over the place (Across US and the world). Imagine going to office and talking on zoom a lot of time. Would be like a market.
Amazon will have their workers in office so that their ai has more information to model tasks off of. It’s a way of training a replacement without telling the person doing the training. It’s perfectly legal to have cameras in their warehouses, same with motion detection. There is no law around training ai models off of camera footage from a warehouse that you own with employees that you pay to be there, that show up willingly.
My take to the remote Amazon topic: Its better if the team works together on site, but remote work has become a part of the wage benefit nowadays. Amazon pays well enough in order to demand such stuff however...
I like Amazon's approach. They know people will leave as a result of their "five days a week in the office" decision. Instead of firing people, Amazon left the decision up to the employees. The necessary staff reduction will be met, and the people that want to keep their job will get to.
Let's be very clear about one thing. The "market" has been massively wrong on what the Fed should do with the funds rate for at least 2.5 years now. In early 2022 before the Fed even started hiking, the market was already forecasting rate cuts to happen by end of 2022. The market at the start of 2024 had 7 rate cuts for 2024. Laughable to suggest the Fed is the one that has been getting this wrong. It has proven out that they were right to start hiking in early 2022, aggressively ramp up that funds rate, and then keep it at the terminal rate until now. Also, the Fed on numerous occasions has stated that a recession will likely occur as a result of this hiking cycle. The market consensus has been no or soft landing, which is another thing they will be massively wrong on...........I've been engaged in active trading and managed to grow a nest egg of around 140k to a decent 539k....I'm especially grateful to Adriana Jensen whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
Requiring people to come into the office is not just flush, but ultimately it's extremely destructive. People driving to and from work is the biggest drag on society and resources. Trying to shift the costs of driving (car payments, insurance, gas, 10 hours in traffic per week) to employees by requiring them to do this stupidity for no extra pay is moronic. Good luck losing your best employees 😂
We have the technology to allow people to work from home giving them a better work life balance. Bootlickers everywhere decide thats somehow a bad thing
I think saying that inflation has been defeated is true. But even at 2% people will be suffering since they have to catch up with the inflation from 2020-2024. We are screwed.
If it was zero or negative it would be worse because that would mean the economy is struggling and people would be losing their jobs. 2% is the sweet spot.
WFH is being phased out in almost all industries in the public and the private sectors. That is the clear trend right now for most full time employees.
Tax incentives from local authorities could play in the decision making as a data point. We are talking about a combined multi billion dollars a year from cities and states. Office workers contribute to local spending so those incentives could have played a role in the Amazon leadership decision. They have lower EBIDTA margins than other big tech companies, so this could explain parts of the story perhaps.
I believe that amazon wants people to reject. How much money they can save on not paying compensation to fired people? It's wise move to force them to leave. Once they reach leaner company structure, WFH Policy will be back in 1-2 years.
Joseph's right! Why not cite specifics with such a sweeping assertion about in-person work environments? I study work for a living and would love to know what their industrial psychologists were measuring as they transitioned to 3 days per week that 'strengthened their conviction.'
Dude it’s we are in a severely restrictive interest rate env. This is a totally different scenario vs what we seen in GFC. People freaking out for nothing
If the economy is slowing - generally inflation goes down. The worry now is the economy will slow too much, and job losses will occur. You don't want the economy to be too hot (inflation) or the economy to be too slow (massive job losses). Its a delicate balancing act
@@valetudo1569 I guess maybe my perception of the economy is that it is likely much worse than it may seem. An example is the frequency of revised numbers particularly jobs over the last year. I think the fed has to see more than they are revealing and this has to be what is motivating them.
@@anthonymascilli708 I was listening to Paul Krugman , the nobel economist, yesterday and surprisingly he said that the fed doesn't have anymore data than the rest of us. Meaning they all use public data....which I didn't expect, but apparently they have what other top economists have. I think labor is softening and you don't want to wait until its bad before you make a cut. Anyways thats just my take
Joseph being a delusional RU-vidr again. Commuting 2hr+ daily does not benefit the employee or the company. It is actually ridiculous that people think that. They keep stating they have market data and employee data - I would like to see this data. I personally have not spoken to any developer that would prefer to commute over wfh.
I prefer to commute over wfh. There you go, a developer who prefers to commute. It's easier to be productive in an office environment. Colleagues agree.
Like most others have stated before most stock prices are already priced for rate cuts, people buying today and after will be bag holding soon sell the news
It was slowing down. But over all no. Inflation jumped 30% to 50%. Expected it to go up like crazy again. Government will go back to spending more money again.
I'm no historian but in the 1920s we had the roaring 20s and 2020 we had COVID and 2021 we had stimulus checks they raise interest rates After the 1920s what was it the great depression and in order to get out of the great depression we had to go to a world war. We are cutting interest rates and there's a war going on in the Middle East no telling if we have to get involved sounds like history repeating it😅😅❤
Looks like Amazon is preparing for AI boom and unnecessary middle man is being cut / forced out. Cost cuts are always good for the stock and AI will take care of productivity.
Strongly disagree about the Fed Chairman. Jerome Powell has been an awful Fed Chair who is lucky the worst policy error in 50 years hasn't sent the economy off the deep end. In Spring 2021 there were a record number of job openings and he kept interest rates at zero and continued buying bonds for an entire year. Waiting an entire year to raise interest rates directly resulted to the worst inflation this country has seen in 40 years. Let's hope Powell isn't too late this time when it comes to cutting rates.
At the end of the day, Powell has been in charge for several years now, and everything that is happening with the economy now is partly due to him. You say he was 'lucky' the economy didn't fall of the cliff, but he will say his with led to the economy being as it is. It's like, if you drive to work everyday and don't have a car accident that kills someone, was that because you were lucky? No, it's probably because you were doing your job at being a decent driver.
What's the most effective strategy for investing during this period of volatility? Most of my portfolio is in (20% Index funds, 20% CD's 30% Bonds/T-bills and other assets) I want to explore different strategies to benefit from a potential bubble.
Bonds are a safer bet. They offer good stable yields. But dividend stocks could make you a fortune if you know how to go about it. But it's always a good idea to work with a CFA. It streamline your strategy and help profit a lot.
I've been through the 'bonds are beating stocks' periods since the 90s with no bonds and with all aggressive stock mutual funds. At 66, my IRA and cash accounts are far more than I expected for my retirement. I can easily handle a worst-case 80% stock crash, Thanks to my CFA.
yeah but we're going into recession... It happened only 12 of the last 16 times rates were cut. They're simply not going to tell you. Stocks will go down big time the next 2 months.
Joseph i think you can know better, he didnt beat inflation, inflation was beat for most part by the reopening of world economy after the pandemic. During pandemic prodution qas close to 0 and money was given to people like candy, it was inevitable that would create imflation. At this point the consumer is toast, they calculate inflation in the yoy data of consumer and doesnt reflect the true numbers as example
I love watching people comment on what happens inside a company they dont work in lol I've talked to S team members. I've worked with the companies data - None of this is true.
While i don't agree with Amazon decision, at the end of the day, they will win over their employees wants or needs any day of the week. Wanna quit now because of this new policy? Sure, go ahead, there's like a thousand applicants ready and waiting to come in for their position. I love remote work, but if a company wants to change policy and ask you to come in, there's nothing you can do about it
@@Rabbitthateats maybe. I'll be watching on the side lines to see what Amazon employees do. I'll watch and see how many feel the urge to rebel against Amazon and see who wins this battle. Even though you may see it as a defeatist attitude, I see it as being realistic. But happy to be proven wrong, well see what happens
@@mkan38 lol people that comment and immediately like their own comments need therapy. Also, I have my own business, being able to hold 2 jobs in this awful economy is an amazing benefit of working from home. So much freedom. Secondly, your comment was just very stupid. It assumes a nonexistent ultimatum.
The Fed is undoubtedly responsible for the present catch-up efforts, as they were first too slow to control inflation. The pandemic, supply-chain issues, are all contributing reasons to the impending inflationary perfect storm. I'm still looking for companies to make additions to my $500K portfolio, to boost performance. Here for ideas...
