This Warning Sign is Predicting GUARANTEED Stock Market CRASH

Подписаться 234 тыс.

Просмотров 48 тыс.

50% 1

The Conference Board's U.S. Leading Economic Index is a warning sign predicting guaranteed losses and a massive recession right around the corner. Greedflation is spiking as corporate profits rise at the same time as costs, which means higher inflation, tighter monetary policy and potentially a depression.
Need a Realtor? homeandmoney.com/michael/
======
Like My Sunglasses? Get a Pair s.click.aliexpress.com/e/_DlJ...
======
I offer 1 on 1 calls, book one if you'd like!
michaelbordenaro.com/book-ser...
======
My Filming and Editing Equipment
michaelbordenaro.com/my-youtu...
======
Sign Up for My Email list and Get Weekly Video Updates in Your Inbox!
bit.ly/MBreminders
======
Get Cash Back on ALL your Internet Purchases!
www.rakuten.com/r/NIRVPL2?eei...
Articles Mentioned in the Video
apple.news/ARXXoZYONSieMaWxgq...
apple.news/AE6SgK-n6RnKkQ512j...
apple.news/AMpz0_tMATvm1S_iT7...
apple.news/AIUNmiWo-Rc2dxwGwq...
apple.news/AS2Rh8c4SRACVzKGHC...
FTC Legal Disclaimer - Some links found in the description box of my videos may be affiliate links, meaning I will make commission on sales you make through my link. This is at no extra cost to you to use my links/codes, it's just one more way to support me and my channel! :)

Развлечения

Опубликовано:

11 май 2023

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист

Посмотреть позже

Комментарии : 423

@MichaelBordenaro Год назад

LOAN DENIED Lending Just a Got a WHOLE LOT TOUGHER! ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-OHw5y6ha1Mk.html

@diy5729 Год назад

Damn, super hot Mr Bordenaro.......

@graywilliams_77. 10 месяцев назад

Inflation is far more harmful to individuals than a collapsing stock or property market because it directly affects people's cost of living, which they immediately feel. It is not surprising that the current market sentiment is extremely pessimistic. In today's economy, assistance is critical if we are to survive.

@user-xp6sc6su9c 10 месяцев назад

I have experienced significant losses, and I am holding on with the hope of recovering them. It is evident that I am in dire need of assistance. Could you please share the name of the investment adviser who guides you?

@laszlolee Год назад

I wonder if people that experienced the 2008 crash had it easier because this market conditions are driving me to insanity, my portfolio has lost over $27000 this month. alone my profits are tanking and I'm don't see my retirement turning out well when I can't even grow my stagnant reserve.

@tatianastarcic Год назад

It’s always a good option to keep some gold. Well with the current market situation and everything at stake with the present economy, I’d say you’re better off staying away from stocks fr awhile or better still reach out to an adviser for guidance.

@richardhudson1243 Год назад

Indeed! Economic downturns present abundant prospects for individuals without prior wealth to construct their fortunes from the ground up. Nonetheless, if you seek a high-yielding outcome, it might be beneficial to seek guidance from an investment planner with expertise in the field.

@darnellcapriccioso Год назад

true, 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 license advisors and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $850k so far

@maiadazz Год назад

@@darnellcapriccioso I find your situation fascinating. Would you be willing to suggest a trusted advisor you've worked with?

@darnellcapriccioso Год назад

@@maiadazz It's best you do your due diligence, I have my portfolio overseen by ‘Laurel Dell Sroufe’ and her qualifications speak for itself. Most likely, the internet is where to find basic info, she has a noticeable page for consulting.

@jeromesand Год назад

@@maiadazz I did check her out, I see why you said she's probably booked up, her creds/resumé is topnotch. I booked a consultation with her regardless.

@greyhoundude6112 Год назад

You should do a walk and talk while strolling through a homeless camp in Miami...just to change things up a bit. I get tired of looking at Mercedes, Land Rovers, BMWs and multimillion-dollar homes all the time. It's depressing for a peasant like me.

@Jersey1971 Год назад

I want Pelosi to do one too😅

@Theguys1 Год назад

Pelosi? Maybe Trump can solve this for you.

@grrtothemoon Год назад

@greyhoundude you got a point.

@Theguys1 Год назад

Let’s see Florida City which is part of Miami.

@chajones3368 Год назад

You know he don’t play about his safety, lol doubt we’ll get that video anytime soon.

@alyross2850 Год назад

My dad was an elder in the church, very kind and disciplined man. He told me one time that he played the stock market because he wasn’t allowed to gamble. 😂

@utpharmboy2006 Год назад

crazy property taxes. i just sold a 1.3m house (2600sqft)and property in TN mountains on 125 acres and my yearly property tax there? $1,800

@Wolfbay Год назад

We live in an 1800 sqft house on 121 acres near a small town in the Florida panhandle. The property tax is 500 dollars a year. It’s almost like we actually own the place.

@utpharmboy2006 Год назад

@@Wolfbay 😅🤣😂 rock on

@kyoung5600 Год назад

Florida is humid and uncomfortable, might be the reason why you're always wearing a tank top

@msingleton Год назад

My retirement plan is live debt free, keep a low cost of living, and prepare for a job I can work at as a senior until death.

@judymckee5992 Год назад

Monty, You can if u start being prudent, living way below your means and invest on gloom and doom.

@grannybird7365 Год назад

I retired in 2012 at 68. If you want to cruise four times a year, live in a gated community, support a boat, and golf everyday, then have a bundle save up. I live comfortably on my SS. And add up how much it costs you to work. Sounds weird, I know. Not just the cost of commuting. But work clothes, lunches, drive by dinners cause you’re too damn tired to cook, and donations to the kitty for birthdays, retirements and moms going out on maternity leave. Happy retirement!

@factualbreakdown3072 Год назад

81K subscribers and every one of them well-earned! I have been around for quite awhile now, and have recommended your channel out all over, and I have a very large extended family!! Well done! Keep up the great work! 100K, here you come!

@MichaelBordenaro Год назад

Thanks a lot and I really appreciate it !

@factualbreakdown3072 Год назад

@@MichaelBordenaro You're quite welcome. In fact, I just spoke to a friend in NJ who told me that she just shared your channel out with her friends and family circle. She is also looking into a co-operative, since despite some of the "cons" with that type of ownership, purchasing outright prevents having to go through the financing hoops, only to be saddled with an interest rate at 7% or higher!!

@pamcornelius9122 Год назад

Hold our beer Venezuela.

@alanheadrick7997 Год назад

Yes!

@Kevinw4040 Год назад

I wish Americans could all come together and just boycott everything until cooperate America lowers their prices for everything.

@sheisLD Год назад

It would be the perfect answer. Too bad so many are too caught in the matrix . . .

@MrEnky007 Год назад

more like printing devalued your money

@stevemorlock5366 Год назад

That's not how inflation works.

@thepearlswirl Год назад

3:37 I do my best to understand but I truly will never understand why anyone would want to buy a house🤷🏽‍♀️

@alfonsosalinas3026 Год назад

Keeping with Jones'. People trying to impress others they don't like as well as societal pressures.

@FloridaGirl- Год назад

I can’t see why anyone would rent. To me you are putting money in a bucket with holes. Although, I think it’s a horrible time to buy a house anywhere, right now. And rent isn’t cheap either. Thankfully I bought at the end of that last crash. And got a great deal. I don’t plan on moving anywhere. If people want to buy. I’d WAIT!! I just don’t see how this can sustain itself. I said that when everyone was going FOMO down here last yr. It was insane.!

@Theguys1 Год назад

It’s the “ American dream”.

@daddyv7403 Год назад

I watch a lot of different RU-vidrs. I like your style and what you have to say.

@MichaelBordenaro Год назад

Thank you !

@utpharmboy2006 Год назад

unemployment is ALWAYS last domino to fall in a recession/depression

@harmgregory4560 Год назад

Seems to ME the 'stock market crash' at least STARTED LAST year.....🪳

@utpharmboy2006 Год назад

@@harmgregory4560 i think so too and history shows it will be a rocky road(not the ice cream) all the way to the bottom

@basha0810 Год назад

I've noticed that restaurants aren't as busy anymore. Empty parking lots.

@brianzembruski5485 Год назад

I'm glad you mentioned the real cause of inflation. People need to hear it.

@Corkfish1 Год назад

Inflation is caused by one thing and one thing only. Excessive printing. The source is the Federal government

@wphillips7217 Год назад

And people doing things to cause the price of energy to soar !

@michelemorrison194 Год назад

@@Corkfish1 it is caused by corporate greed. Huge corporations making record profits while charging excessive prices to consumers is the problem

@Corkfish1 Год назад

@@michelemorrison194 nonsense. If that was true they would have been doing it years ago. They do not CAUSE inflation. They merely jump on the bandwagon once government starts the ball rolling.

@stevemorlock5366 Год назад

@@michelemorrison194 The same consumers that demand free money from the government.

@FloridaGirl- Год назад

Whoot whoot! Your subscribers are climbing! 🥳🥳 (throws confetti). 👍

@mauibuilder1239 Год назад

I love that you expose what sellers paid versus what price they're asking. I ALWAYS look at history of what sellers paid for a home that they are trying to sell. I never purchase from emotion or what I can qualify for and will never overpay for a house because whatever you pay for a home is what you are stuck with and determines your equity.

@paulcarlson4230 Год назад

They walk away and not pay for the house becuz it's worth less than they paid for it and the banks get bailed out again and us poorer folks never get any help even tho the government says they got a program to help small businesses but not true I lost every thing in 2009 10 11 and 12, including using my stocks to live with penalty .....

@novadhd Год назад

they are just being greedy. They know they will never get these prices again.

@christianc6941 Год назад

I question every time I shop on whether the vendor or business is falsely inflating the cost of their goods and service and the hard part is we don’t have a true base line to compared prices from to determine whether we are being duped. I guess we can just assume every one of them are using inflation as a means and justification to increase pricing…

@MichaelGiordano777 Год назад

Go into any Publix Supermarket in the State of Florida and your theory will be proven over and over. It's called price gouging. IMO

@tabathia7633 Год назад

Chris: you don't have to question, they are, but I'm always looking for bargains and buying in bulk. Maybe then, you can catch at lower prices. I know what you mean.

@jimbobarooney2861 Год назад

Gouging always ends badly

@thetapheonix Год назад

No one else wants to see dirty bums slumming it.

@fladave99 Год назад

I saw LAYS go to $8 a bag, from 2.99 just to see if people would pay it. They dropped it to 6 and is on sales for less I will NEVER buy from ANY Lays company because of it. Amazon has a scam that if you click on a item and dont buy it after a few weeks the price POPS to get you to jump on it. But in a few more weeks it goes back down. These companies are turning into crooks to boost stock prices and people buy less

@Jackel1776 Год назад

Love your channel. Hats off my brother! Main comment is “Broke Faster”….

@tabathia7633 Год назад

I agree with your comment on retirement. Some people will refuse to accept this realty, I, for one like working, and learning new skills, good thing. Retirement will be a luxury, unless ....... I can get on y.t. do the shuffle dance with my dog, Rufus.😊😊

@preocupied1690 Год назад

and don't forget only fans, twitter Etc...lol

@tabathia7633 Год назад

@@preocupied1690 Yes, of course, and a cooking channel, teaching English, and coding or don't forget getting a 35 hr. wk. position at Amazon. I think that should do it.

@angelakilcrease1448 Год назад

Beautiful scenery 👌 😍

@midnightrider5797 Год назад

Looks like property taxes and insurance could be the undoing of the housing market in Florida! Property taxes absolutely crush new development and existing home sales. Their could definitely be a collapse coming if the state doesn't make an assessment adjustment.

@SupergiantgeckosLLC Год назад

But they have no state tax.

@FSD23384 Год назад

There are to many people moving to Florida each day to make any significant impact to the housing market. The people who are most affected are long time residents who no longer can afford their HOA fees and Insurance.

@danettewelborn5577 Год назад

There

@justinmatisewski1285 Год назад

No state income tax will help buoy the higher property taxes and home owners insurance. These extra costs are a burden but they won’t bury the market in my opinion.

@midnightrider5797 Год назад

@Justin Matisewski it's just a trade-off for a revenue stream ! There is no state tax, but they are making up for it with state property tax. It's the old shell game. Just move it around so no one can figure it out! They will get their money someway.

@shawnbruce6934 Год назад

Great Video As Always Michael.

@MichaelBordenaro Год назад

Thank you!

@justinmirche Год назад

I learned so much from this!

@alfonsosalinas3026 Год назад

We need one-one-one with Jerome Powell, Michael. Invite him to South Florida and y'all make a video while walking down Miami.

@MichaelBordenaro Год назад

That would be awesome

@KristopherStidd Год назад

Thank you for the video Michael. I like how you tell us where you are going in case I want to do research of the area. Love those shade by the way man. 😎😎😎😎🔥🔥🔥🔥 Keep it up sir. 🙏🏿👍🏿

@MichaelBordenaro Год назад

I always try to remember to tell people where I'm at for that reason 👌. I have a link in the description if you'd like a pair

@KristopherStidd Год назад

@@MichaelBordenaro Thank you for the referral link. Oakley Lab had a hard time making my prescription Randolph Aviators in the tint color I wanted. I'm sure these would be a challenge for them as well. Let's see. 👍🏿 Thank you 😎

@joanneramsey7723 Год назад

Happy to have found your channel

@octagon_009 Год назад

Loving the educational walks, hope you get to 100k soon!

@MichaelBordenaro Год назад

Thanks will get there eventually with everyone's help 👌

@Bob-cd5pp Год назад

Ya # 1 Quite is good . Energy is a Buy. We all need Gas . You Get What You Vote For

@evelinholmes6401 Год назад

That’s what every country says.

@tess7798 Год назад

I don’t always agree with your politics, but I love your videos. No need to change anything - keep up the good work!

@MichaelBordenaro Год назад

Thank you!

@justinbieber12373 Год назад

If you look into the History of the 401K .... TED BENNA has been given credit... to transferring retirement plans from corporations to the workers / employees paying for their own retirement.. IT WORKED adding more profit for Corporations... WE ARE BUT A BUNCH OF SUCKERS... I HOPE they bring this system to the ground !!!! 🍷

@xa0wnerx Год назад

401k was created to give big money an outlet for them to sell overvalued stock and dump it on common people, of whom get told “ stock market must be saved to protect your 401ks” when in reality 90% of stocks are owned by the 1%. Regular people think the stock market is good for them, it looks good because it is has gone up since the 80s because interest rates have progressively decreased. Look back to the 50-70s when the stock market did nothing for years

@mattanderson6672 Год назад

Thanks Mich

@VuNguyen-mh4oo Год назад

Many many Thks Mike, hard work on your part providing us with your excellent videos.

@luhoffma8836 Год назад

Looks nice

@fern8580 Год назад

Albert Edwards use "US LEADING INDICATORS" very good indicator, his only mistake is to say that inflation comes from companies when it comes from civil servants of town halls, states, the Federal (increase in taxes disproportionate to wage increases).... Greedflation!

@tonyn9522 Год назад

Love your content… Thumb up brother!!

@johnnyonthespot2498 Год назад

i always hit the like button

@MichaelBordenaro Год назад

Thank you

@johnnyonthespot2498 Год назад

@@MichaelBordenaro you're welcome

@MrWphilips Год назад

Recession, no! Global irreversible, inescapable, depression!

@sjh60633 Год назад

This guy is the only one telling the truth

@christersmith5470 Год назад

There’s a great divide between what the federal reserve says they will do and what the stock market things says they think will happen. A lot of people unfortunately view the market in isolation: some look only at real estate, others only at stock prices, etc, so miss a lot of important financial data and indicators since they are all related.

@ilarasantos3537 Год назад

Great video

@nicolcacola Год назад

The property tax bill for the white house is insane!!

@MichaelBordenaro Год назад

Something tells me, their bill gets waved

@jimshoe402 Год назад

@@MichaelBordenaro Just like Hitler's did should tell u something..ALOHA

@mktwatcher Год назад

Thank you Michael. We always can count on your Brutal Honesty. I serious too many RU-vidrs have Rose Colored Glasses on or worse their heads are in the sand.

@patricknoonan3754 Год назад

Man there are some really greedy people in this dirty world

@MichaelBordenaro Год назад

These listings are proof of that!

@mrs.d1591 Год назад

First! Hi Michael 👋 love your videos!

@MichaelBordenaro Год назад

Thank you!

@chinoloc916 Год назад

Thank you for all the videos brother!

@johnnymidas5879 Год назад

HAPPY FRIDAY MICHAEL SAYLOR 😀👍🌴

@PistolPete1984 Год назад

Great podcast Micheal your a mensch!

@MichaelBordenaro Год назад

Thank you!

@jbar_85 Год назад

Michael, I always appreciate your financial insight, experience, and financial opinions/views! They’re spot on! I’ve been watching you when you first started- it’s amazing seeing your growth! 🙌🏻

@MichaelBordenaro Год назад

Thank you very much Jess! Thats much appreciated!!

@dadoffenway Год назад

Us too, So proud of him.

@viyau10 Год назад

Am a big fan of your channel I get so much good information and you explain it so well.

@MichaelBordenaro Год назад

Thank you!

@cosmothewonderdog8602 Год назад

That neighborhood is just one hurricane away from worthless.

@handymack5324 Год назад

Stock market will get a boost with capital exiting real estate due to profit taking for two straight years and decline in corporate buying of homes this year. There won’t be a crash in stocks. Unlike real estate where there will be net outflow of investment the stock market will only see money coming out of losers to performers.

@MichaelBordenaro Год назад

Will be interesting to see if that happens

@s99614 Год назад

I just booked hotel rooms every month this summer in Atlantic City. Mid week room rates were unusually cheap! I don't even normally go there in July because it's expensive

@MichaelBordenaro Год назад

That should tell you something

@nomadnationalist2776 Год назад

And we don't go there because ... it's Atlantic City.

@wlochataSwinka Год назад

Totally right - millions of USD for retirement, you will be lucky if u get 30k from the government... What a hell is going to us all. And the property taxes in MIAMI are insane - for me its unbelievable to pay so much...

@utpharmboy2006 Год назад

generally the stock market has started to recover before the housing market has even hit the floor.....stock market hasn't hit the floor yet so we got more damage to come all around

@Juliet875 Год назад

Thank you Michael and Happy Friday! Enjoy your weekend!

@MichaelBordenaro Год назад

Thanks Julia enjoy yours too!

@ozmunky Год назад

Slammed the like button ....

@QuangNguyen-bi4ug Год назад

Great .

@SirCarlosMusicBMI Год назад

Thank you Michael We are going into a very Bad Depression ❗️ It’s going to get so much worse than people think. Everything pretty much sucks right now for a tremendous amount of people. Huge companies are firing their employees by the Thousands. Creeping up to 100,K Subscribers and that makes me happy for you. Blessings, Carlos ✝️🙏❤️😊❗️

@MichaelBordenaro Год назад

That's right unemployment is starting to go up and it's just the beginning

@BlackAnonymou Год назад

Love it, Thanks for my daily reality check. You never fail to disappoint. I appreciate your insight.

@JohnS-or8hm Год назад

Never fails to disappoint? So always disappointing? 🤔

@culby276 Год назад

I was just at Treasure Island, St. Pete’s area and loved it. I had never been there before. Beautiful place

@scottaustin7237 Год назад

Yes. S&P was at 1500 going into the 2008 crisis and it is at 4130 today. There is not a chance in hell those companies have increased that much in value in that time. I will eat the proverbial hat if it doesn't drop at least 25% from here.

@chiragmehta8212 Год назад

In fair and free market yes. But we live in world run by Cabal of central bankers, and politicians. They grease each other and will make sure that everything goes up. The consequences of their actions will not be felt til after they have died so they dont care.

@jimbobarooney2861 Год назад

Basically you're paying for future unrealised growth and profits discounted, Tesla is a good example of this madness. But consider the S&P 500 contains, the 500 leading publicly trading US companies, so even if some of these leading companies falter in time and move down the pack, there replaced with new emerging growing companies, so it's ultimately a good investing hedge, but I would agree with you there is alot of headwinds, most likely a recession, probably already in one, and in the panic and turmoil, market tend to overshoot fair value (whatever that means) to a state of oversold,

@alipainting Год назад

The stock market went up since 08 because of buybacks not the value of companies.

@Kevinw4040 Год назад

@@jimbobarooney2861exactly right. I get so frustrated when I hear people bashing the stock market they truly don’t do their homework. The S&P has had 10% returns yearly on average over last 70 years. Hence Warren Buffets love of S&P index funds. I’ll take his advice anyday!

@judymckee5992 Год назад

@@Kevinw4040 , Charles Nunner, report on 2027 being a huge downturned is believable and I remembered Martin Armstrong said that dow will hit 40k. Markets can't go up and up but has to retract before next move. The huge influx of money printing at some point has to go somewhere.

@kim.in.nature. Год назад

Michael, I thought you wanted to move to St. Augustine. I always give your videos a 'like' and try to comment ot help the algorithm.

@MichaelBordenaro Год назад

I'm open to different areas as long as it's more laid-back than here in Miami. The main thing I love about being on the golf coast is the sunset especially since I'm not a morning person I can take it vantage of that often. Really appreciate you always like in the video Kim it does help.

@peteryates7505 Год назад

As opposed to other 'dramatubers', Michael, you are spot on with logic and data looking at the big picture. Great balanced update

@MrSmellGoodt Год назад

@16:43 Black Ferrari & Lamborghini 😍

@jimshoe402 Год назад

Black Benz 🥰🥰🥰🥰🥰

@candacehammond5919 Год назад

Hi Michael!! I just wanted to thank you for all the priceless information for people who want to live in Florida! I’m 68 and was born and raised in the St. Petersburg/Clearwater area. I’m aware of all the pros and cons of living here. I grew up close to the gulf coast beaches, and, for sure, it is beautiful!! Florida is not all rainbows and butterflies! I moved to the Orlando area six years ago, and I hate it!! I suggest if people want to enjoy the best of Florida, if they are able, is to spend vacations here between October and April. Again, thank you for helping folks decide!🙌🏽 You may be saving people a lot of grief!

@theobserver2920 Год назад

I think Michael is helping a lot of people make the right decision at a big moment in their lives!!!

@utpharmboy2006 Год назад

cpi will be in the low 4s next month

@In_con_ceivable Год назад

I’ve been wrong for nearly 15 years and nobody believes anything I say anymore…Nothing makes sense any more.

@Jeannified Год назад

Beautiful area! Love that pale green and peach house that you began and ended the video on. Greedflation…my sisters and I were talking about that the other day. Also…I paid more money this year for my son and I’s tickets back to the south than last year. Oh well…. Have a great weekend!

@MichaelBordenaro Год назад

It is a nice area I like coming over here. The greedflation is what it is unless you just want to sit home and do nothing I guess.

@droldsw31 Год назад

You're welcome here in Naples Michael!

@MichaelBordenaro Год назад

Naples is just about as expensive as Miami so I will pass just for that reason. I'd like to be somewhere more affordable because even if I can afford it I don't see a reason to just throw the money away.

@anythingbootneck Год назад

Please do a video purely showing houses for sale and telling us the price and price history of them, I find it fascinating.

@MichaelBordenaro Год назад

That is an interesting idea although I'm not sure how well that will do on my channel. Might be worth a try

@anythingbootneck Год назад

@@MichaelBordenaro Hopefully you will, I’ll keep watching!👍🏻

@Ultimatepiston Год назад

Please do an East vs west Florida video

@jameshuggins7320 Год назад

Pretty sure that’s an Aston under that carport thing. DB11 maybe.

@gregschramm8180 Год назад

The government has a problem with the bills being paid come June and if 100 million people lose money and miss a house payment that will be very bad

@MichaelBordenaro Год назад

Ya think!

@CarlArriaza Год назад

60k in miami is nothing

@MichaelBordenaro Год назад

Not anymore it isnt, that changed fast.

@theobserver2920 Год назад

What a great channel you are building! I can't tell you how much I enjoy it!! I think you will have 250K subscribers in the next year!!! I really hope you do!!!! I always hit the like button!!!!!

@MichaelBordenaro Год назад

Thank you so much for always hitting the light button. It really does help. Going to keep trying to remind people to do it without it being annoying.

@theobserver2920 Год назад

@@MichaelBordenaro It is annoying, but understood you are only acting on the guidance of the RU-vid overseers. Lots of channels do it so you won't be alone. I promise I won't be annoyed to see this on your channel!!! Keep doing what you're doing!!!

@aiartrelaxation Год назад

Craziness subject retirement

@jeffk9405 Год назад

This is what they are predicting but the mass majority all said this will happen if we default on our debt. The closer we get the debt limit the more it will affect the stock market. What is going on now with the economy is mirroring the economy between 1972-1974. Most have cut back on what they are buying and you only have to look at the car market to get a feel of what is going on. Building of homes has slowed as lumber prices are at 2017 prices. The majority of lumber mills are in curtailment (temporarily closing)

@thomaschan7486 Год назад

I enjoyed your discussions of the various topics that affect the Florida/Miami real estate market, and "walked" along with you. I found one more thing to like your talk - because you were a former scout and you applied what you've learned from scouting. I found there are a number of similarities between the Florida/Miami and Nevada/Las Vegas real estate markets. For example, there is no state income tax; both locations have strong tourist industries; both locations do not have sufficient high paying jobs for the locals to afford the multi-million dollar houses/condos (many of the listings are catered for people from other states or countries); and both locations are very hot in the summer. For the three houses you've shown in this video, those sellers (especially the one tripled the price in 3 years) had wishful thinking that some tourists will take the bait. Those sellers should be reminded that the people who can afford that kind of price are smarter than them.

@judymckee5992 Год назад

Stock market is where a lot of monies are in it and u have to diversify a bit from real assets especially when there is a huge downside in stock. Just nibble because when fear is abundant.

@ginacardarella Год назад

I love Florida I wanted to move there but unfortunately for me everything went so sky-high there I'm now looking more at a little piece of land in the Midwest and part-time in Mexico

@jayneweaver8695 Год назад

Michael, you wouldn't scam anyone, let alone your subscribers/viewers, full stop.

@hikingwiththedog6078 Год назад

Greetings Michael, from Colorado. Considering moving to Ocala, since it's inland from hurricanes and maybe homeowner's insurance isn't as difficult there. We'll be glad to escape the tragedy that Colorado has become. Thanks for the great content!!

@ksmith2852 Год назад

I didn't know the significance of 100k subscribers! You will get to 100k soon.

@MichaelBordenaro Год назад

Most people don't, so that's why I wanted to bring it up because a lot of people are complaining about the scammers that look like me in the comments

@rjchyrich4434 Год назад

Bro you been talking about this crash for over a year now and still prices are through the roof

@In_con_ceivable Год назад

Flights in Canada, way too expensive. It’s cheaper to fly to the states than within our own country…insane.

@johncronin5311 Год назад

Justinflation?

@jimshoe402 Год назад

Always BEEN I looked for years I use points not worth it..

@rudyubaldo8793 Год назад

ONE WORD,... DEPRESSION.!!!!

@PistolPete1984 Год назад

Laid back west coast Florida sounds like a great bet

@sirenmuscle Год назад

Damn..I miss the leaf blower videos..😂😂

@MichaelBordenaro Год назад

They were in this one, I cut them out 😆

@fdr2275 Год назад

Even if the market goes down 20%, it's still a lot higher than a few years ago. The point is stock market crashes are temporary or short term. After each crash, the market goes up pretty quickly and sets off for another surge. Over the long term, it does better than gold.

@jimshoe402 Год назад

2010 Please 🤑🤑

@AnnMitt Год назад

People are over paying for housing where I live in Michigan. Its not even a pleasant area. No nature and the weather is terrible in the winter.

@waynewallace2061 Год назад

Everyone would be well served to listen to Stan Drunkenmiller's talk at USC recently. Very eye opening regarding national debt etc.

@evelinholmes6401 Год назад

I probably would trust him more if his surname was Sobermiller😉Drunkenmiller not sure 😅

@tamjeanell Год назад

@@evelinholmes6401Amen!😂

@horstschoninger1265 Год назад

🎯

@shadowknight7976 Год назад

Michael, I've been watching your videos for a while now since I found your channel a few months back and I enjoy them. Honesty though as far as retirement is concerned I think you are correct and incorrect on the common belief that is out there. 1. People will need MILLIONS to retire. I think most people are extrapolating the current trend into infinity and think it will go on forever BUT, DEFLATION will change all that and everyone's thinking. 2. As for retiring being a thing of the past, you are probably correct because of all the things you said about the stock market. Since most all have our retirement hopes vested in that "giant casino", I think most will end up losing it all if not the majority of it hence the working for life.

@johnf6687 Год назад

He’s right 🎉we’re done no ones buying.

@ozmunky Год назад

I only watch these videos for the outro -- that cheesy salesman grin at the end is sensational .... LMAO

@michaelearlgrey Год назад

I'd live under a bridge before I paid $31,000 in property tax!

@inquirer1016 Год назад

Some government entities pension plans do include Cost of Living adjustment (COLA) like the federal government and State of California. Both are going broke.

@jimshoe402 Год назад

UK Stopped from virus so be THINKING..