Views : 42,787
Genre: Education
Date of upload: Oct 17, 2023 ^^
Rating : 4.877 (25/790 LTDR)
RYD date created : 2024-01-12T04:15:50.741435Z
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Top Comments of this video!! :3
We experienced the peak of our era, and now it is gone. Recession is tanking everything including 401K. My retirement equities portfolio of $750K is in the reds. I keep losing because of inflation. This world will fall to the corrupt rulers in the same way that Rome did. I'm sorry if you're thinking about retiring and you're worried that your pension won't be enough to meet the rising cost of living. Horrible foreign policies everywhere, bad regulatory policies, bad fiscal policies, and bad energy policies.
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Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly
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A perfect storm is brewing in the United States. Housing prices, Inflation, bank collapse, severe drought in the agricultural belt, recession, food shortages, diesel fuel and heating oil shortages, baby formula shortages, available automobile shortages and prices, the price of living place. It's all coming together and it could lead to a real disaster towards the end of this year (or sooner). With inflation currently at about 6%, my primary concern is how to maximize my savings/retirement fund which has been sitting duck since forever with zero to no gains.
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Investors can’t predict the future, bearish periods automatically give way for a new set of stocks to buy and watch while setting the stage for a new profitable uptrend. I have come across articles of people that grossed profits up to $250k during this crash, what are the best stocks to put on a watch list or buy at the moment?
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Your exploration of the human psychology behind borrowing, coupled with the stark differences between the US and European approaches to debt, was both enlightening and thought-provoking.
The reference to Baron Rothschild's quote and its original context added a historical depth to the discussion. It's content like this that truly educates viewers on the nuances of financial decisions and their broader implications.
Thanks for shedding light on such a crucial topic, and I'm eagerly awaiting your next deep dive.
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The bad thing about debt is we don't know what might happened tomorrow, we may lose our source of income for many reasons n not able to pay the extra money we took in advance for whatever the purposes were... We all make the same mistake with debt where so many examples lead us to avoid debt from time to time.
Shout out to the minimalists, to people who could live without debt!
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@FREENVESTING
6 months ago
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