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chris
CNBC
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Comments by "chris" (@chris-pj7rk) on "CNBC" 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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In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.
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A blend of different ETFs is my favorite way of investing. For example, you could have some covered call etfs for dividends and other etf`s for growth. A combination such as : JEPI , DIVO , QYLD, SCHD and JEPQ. You have to combine them according to your own personal situation. I tallied my dividends for the previous year; $102k. Blessed, grateful, disciplined and focused.
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We've seen a stock market crash, Tesla skyrocket and cryptocurrencies all time high.
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My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in the US.
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deed, the recent market downturn serves as evidence that a vast majority of individuals lacked a sufficient understanding of the underlying financial dynamics at play.
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Collapse is generous 1st time in our history with a full generation that wasn't taught financial literacy, civics, Google fixes their problems if their parents don't do it for them. Reckoning for participation trophies is incoming.
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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 Invest-ment planner if you need an aggressive return.
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With inflation running at a four-decade high, a Recession is now the ‘most likely outcome for the economy. How can I grow my portfolio to outpace inflation and maintain a successful long-term strategy? I have been reading of investors making about $250k profit in this current crashing market, and I need ideas on how to achieve similar profits.
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@julietmark9849 Nicole Ann Sabin is my Advisor, She has been of great help and her tutelage has brought me to a higher understanding of profit generation. You can look her up and verify her yourself
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@bobbygunz9254 <how can this person be reached, because i really need guidance>
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The trading market is constantly evolving with new features, trading opportunities, financial swings with sudden surprises around every corner. The best thing is to stay in shape and don’t let anything catch you on the wrong foot.
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I think it's just a worry that inflation may take a while to get under control. Realistically with 8.5% inflation long rates should be in the double digits. The reason they're still below 3% is there's still this belief that the inflation is transient. If there are signs inflation is going to hang around longer than the bond market is currently expecting, all hell is going to break loose and it's going to vaporize the stock market. Watch inflation indicators very carefully
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Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
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@claradidi7573 Nicole Deanne Mckay is a Pro that provided me with entry and exit points on the securities I focus on. you can look her up plus she is verifiable
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Concentrate on two main objectives. First, keep yourself safe by knowing when to sell stocks in order to limit losses and maximize gains. Second, get ready to benefit from market changes. I advise consulting a CFP or other professional for advice.
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@bobbygunz9254 Yes, investing is a great idea, i sent her a message already, i hope she replies
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Thanks for this. Found her and looked through her credentials before contacting her. Once again many thanks.
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That's incredible. Could you recommend who you work with? I really could use some help at this moment.
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Wow!! her track record looks really good from what I found online.i just filled the form and scheduled for a call. Thanks to you.
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@bobbygunz9254 I second that! Two summers ago, I was in the university and simultaneously working as a blogger. with the help of a financial>coach, i grew my reserve of $70k to a reasonable sum in a few weeks. Helped me a lot.
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How are we going to achieve all that given that the market has being a mess most of the year seems farfetched. I keep hearing that the market is pricing in a 60% probability of a 75 hike. But isn’t it also pricing in a dovish fed that’s going to pívot relatively quickly?
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Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
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It's true - I'm still at the beginning but trying to learn all I can to figure out the best focus I should have to invest in myself through crypto. Consistancy is something I need to do for sure - the hard part is seeing exactly where my focus should be! Back to the basics with DCA I guess and then just keep working on my other ideas and learning all I can!
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I looked up her full name online and found her page. I emailed and made an appointment to talk with her; hopefully, she gets back to me.
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It's because they are used to bull markets, most people find it difficult to handle a decline, but if you know where to search and how to get around, you can make a sizeable profit. It depends on how you plan to enter and leave.
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Nobody wants to take actions, tell someone to start a business with 4000, they will complain it’s too much. Buy a new phone with that same amount, no problem. Watch Netflix 2hr, they would want more episodes. Learn a new skill in 2 hours? No it’s too much. Life is all about choice stop blaming the lack of opportunity.
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Pls can you recommend this particular coach you using their service?
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@claradidi7573 You’re right, I have some good knowledge of the market but I know I need more in order to reach my goals. My goals in my stock portfolio is to continue to grow my account and make smart investments.
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Inflation hits people a lot harder than a crashing stock market as it directly affects"... you were probably 5 years old in 2009 if you think that crash did not hit people hard. also called the modern great recession...
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There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.
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Is there any way the recession is going to affect the market positively? I have a lot of concerns about it and really hopes my portfolio survives through it all
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@Jme--- <Building a good financial-portfolio is more complex so I would recommend you seek professional support. This way you can get strategies designed to address your unique long-term goals and financial dreams.>
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@Jme--- it's all about finding the right moment to take advantage of and generate colossal ROI which is why you need to do your research.>
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