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Philip Murray
VICE News
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Comments by "Philip Murray" (@PhilipMurray251) on "VICE News" channel.
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Inflation depreciates idle money. I'm in a privileged position to be able to save almost 65% of our net household income, as I placed it on safer investments. The key for us was not spending beyond our means. If you invest and have other sources of income outside of dividends then you will be able to live off dividends. Got north of $200K in my portfolio as I bought a lot of dividend stocks before, I'm buying more now, and I will buy more when it drops further
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Trying times are ahead, and good personal financial management will be very important to weather the storm. It would be very a innovative suggestion to look out for Financial Advisors like "Jennifer Aaron Marcontell , who can help shape up your portfolio.
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My little advice, we need to prepare for the future we need to look into safer investment with good prospect . If you have the mindset of investing 5 years ahead and just keep DCA every time you get paid. My portfolio have accrued gains of about $130k under the guidance of my investment -Advisor "Nicole Ann Sabin" whose skills in portfolio diversification are unmatched and client-centered
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It's going to break to the downside because of the macro economic conditions. It will not recover until the US inflation rate starts to come down. Right now, crypto derivatives trades are the only thing in my portfolio that is doing well and making me serious money.
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@wiebeplatt4749 Nothing like fake inflation numbers. Let’s play a game. You list items we use in our daily lives that have only increased by 7%. I’ll list items that have increased by at least 20%. Who will list more items and win?
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The situation may possibly remain with the housing markets till the last quarter of the year.
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That’s right! Downturns provide plenty of opportunities for regular people to build wealth from the scratch. However, you may need to get some professional advice from an Investment planner if you need an aggressive return.
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For a successful long-term strategy you have to seek guidance from a broker or financial advisor.
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The long term investors like 'Stephanie Priscilla Bonillo' do not worry about short term performance that's why i follow her trades. Through her picks, I got a profit of $45,300 with 25k capital. Whilst there will be crashes and opportunities to buy the overall trend is a positive one!
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@Robertgriffinne You can look up her name on your browser for her page and reach out. Understands the nitty gritty of the job perfectly.
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@Robertgriffinne A whole new dimension! I now see this clearly. Any idea how one can find a sound advisor that may aid or probably give guides on how to stay above these market challenges in one's investment
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