Comments by "joesph cu" (@joesphcu8975) on "CNBC" channel.

  1. The rich are money minded. That is one thing I learnt from the start. I have always wanted to build wealth. I have set out $167k that I had been saving since 2020, and I want to put it in the stock market so I can grow my wealth. Any recommendations?
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  2. I would be retiring or working less in 5 years and I just want to know best how people split their pay, how much of it goes into savings, spendings or investments. I earn around $165K per year but nothing to show for it yet.
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  3. To combat the negative effect of inflation, it’s a good idea to diversify your portfolio across different asset classes, such as stocks, bonds, and real estate, since this can help protect your portfolio against inflation. I’ve heard testimonies of people accruing over $550k during recessions
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  4. 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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  5. I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!
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  6. The Savings Rate just collapsed down to 2.2%, the lowest level ever. Means Americans are running out of money. Last time it was this low was 2006-07. Right before GFC. Major Recession Warning. Expect a big decline in consumer spending in 2023. In five years, I would be retiring or working less hours, so I'm just curious about how people divide their income—specifically, how much goes to investments, savings, and consumption. I make about $165K a year, yet there is now nothing to show for it.
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  7. I would be retiring or working less in 5 years and I just want to know best how people split their pay, how much of it goes into savings, spendings or investments. I earn around $165K per year but nothing to show for it yet.
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  8. What bothers me about this situation is the fact that the news and media are all going about a recession which is understandable due to the war and pandemic but still the same media still publish articles about folks in the same economy pulling off hefty 6figure profit(Averg. 200k in barely 8weeks) in this downtrend how is that possible?
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  9. Every day we have a new problem. It's the new normal. At first we thought it was a crisis, now we know it's a new normal and we have to adapt. 2023 will be a year of severe economic pain all over the nation.. what steps can we take to generate more income during quantitative adjustment?I can't afford my hard-earned $180,000 savings to turn to dust
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  10. What bothers me about this situation is the fact that the news and media are all going about a recession which is understandable due to the war and pandemic but still the same media still publish articles about folks in the same economy pulling off hefty 6figure profit(Averg. 200k in barely 8weeks) in this downtrend how is that possible?
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  11. Many talk about the lack of liquidity in real estate as a “glitch.” I see it as a feature. It’s too easy to liquidate stock positions sometimes after reading a sensationalized headline, only to regret that decision soon after.
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  12. Inflation is the single most damaging factor to the economy. It is worse than a stock market crash, a recession, and a housing market disaster combined. It is a disaster for the economy. It must be halted before we can proceed.
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  13. Yes stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.
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  14. People don’t realize how bad the American economy is… it’s going to implode and collapse. Oil is looking like the previous major run up and probably peaking at 140-150
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  15. The worst part about this recession is that consumers are racking up credit card debt. In April alone, credit card debt went up 20% while rates have doubled in a year. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse is near.
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  16.  @bobbymainz1160  I feel your pain mate, as a fellow retiree I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an investment advisor "Eileen Ruth Sparks" this year for assistance, and following her advice, I poured $150k in passive diversified safe-haven assets and its yielded $325k so far. Nothing special, just proper diversification and a cut loss and take profit strategy.
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  17. My adviser is “Helene Claire Johnson” You can easily look her up. She has years of financial market experience and she is also FINRA & SEC verifiable.
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  18. The adviser I use is actually quite known, you might have heard of her, Ingrid Cecilia Raad, she's been featured on several platforms including CNBC and Bloomberg, you can search her name.
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  19. Do your due diligence and opt for one that has tactics to help your portfolio continue consistent and steady growth. "EILEEN RUTH SPARKS" is accountable for the success of my portfolio, and I believe she has the qualifications and expertise to accomplish your objectives.
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  20.  @alexyoung3126  I see any market condition as an opportunity. So far I've made north of $260k in raw profits from just Q3 of 2022 under the guidance of my Financial-Advisor "Ingrid Cecilia Raad ". Am I selling? Absolutely not. I have purchased growth stocks too a little at a time over the past few weeks. I am going to sit back and observe how this all plays out.
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  21. My consultant is Helene Claire Johnson, She has since provide entry and exit points on the securities I focus on. You can look her up online if you care for supervision. I basically follow her trade pattern and haven’t regretted doing so
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  22. Nobody knows anything You need to create your own process, manage risk and stick to the plan, through thick or thin While also continuously learning from mistakes and improving.
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  23. My Financial Consultant is Lisa Angelique Abel. I found her on a Kiyosaki interview where she was featured and reached out to her afterwards. She has since provided entry and exit points on the securities I focus on. You can run a quick online search with her name if you care for supervision. I basically follow her market moves and haven’t regretted doing so.
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  24. The stock market is without a doubt the awkward teenager with the most extreme mood swings! I started out with a commentator named “Eileen Ruth Sparks.” Her honest approach gives me complete ownership and control over my position, and her rates are incredibly affordable given my ROI.
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  25.  @lawerencemiller9720  Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
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  26.  @stephaniestella213  Personally I work with ‘’Eileen Ruth Sparks’’ a pro who sets asset allocation that fits my tolerance and risk capacity, invstment horizon, present and future goals.
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  27. I work with "Helene Claire Johnson". I understand what it's like to see your portfolio going down. I hope the performance improves.
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  28.  @lawerencemiller9720  My advisor is "Eileen Ruth Sparks". In terms of portfolio diversity, she's a genius. You can look her name up on the internet and verify her yourself. she has years of financial market experience.
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  29. Well the US-stock market has been on it’s longest bull-run in history, so the mass hysteria and panic is understandable seeing as we’re not used to such troubled market, but there are opportunities lurking around if you know where to look while everybody’s been screaming falling sky, I’ve netted over $850k in the past 10months.
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  30. I personally work with ''EILEEN RUTH SPARKS'' she covers things like investing, insurance, making sure retirement is well funded, going over tax benefits, ways to have a volatility buffer for investment risk. many things like that. Just take a look at her full name on the internet. She is well known so it shouldn't be hard to find her.
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  31. She should. Having a counselor is quite imperative for portfolio diversification. My advisor is ''Helene Claire Johnson''. She is easily looked up and has extensive knowledge of the financial markets.
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  32. I happen to know Helene Claire Johnson. She has been my fin coach since 2018, no major losses has been recorded. Totally recommend her too.
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  33. My consultant is Helene Claire Johnson, She has since provide entry and exit points on the securities I focus on. You can look her up online if you care for supervision. I basically follow her trade pattern and haven’t regretted doing so
    4
  34. Do your due diligence and opt for one that has tactics to help your portfolio continue consistent and steady growth. “Eileen Ruth Sparks” is accountable for the success of my portfolio, and I believe she has the qualifications and expertise to accomplish your objectives.
    4
  35.  @stephaniestella213  just look her up online to get in touch with her, her details are provided online.
    3
  36.  @oneiljerry9460  Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
    3
  37.  @stephaniestella213  Personally I work with ‘’Eileen Ruth Sparks’’ a pro who sets asset allocation that fits my tolerance and risk capacity, invstment horizon, present and future goals. My portfolio have accrued gains of about $130k
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  38.  @jameswood9772  I'm trying to find out how to contact this FA since I'm looking for a better financial strategy.
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  39.  @alexyoung3126  who is your financial coach, do you mind hooking me up?
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  40. I've always wanted to trade crypto but got confused with the fluctuations in price
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  41.  @kendrickmason2577  Thanks so much. I will message her immediately.
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  42. I have seen people who collapsed financially in old age because they had no investment while still earning. Investing is something everyone should do for a better future.
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  43. When you fail to invest while you are still active at work, you will end up regretting in the future.. Its never too late to invest
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  44. Investing is easy, but we make it hard by: Looking at price action every day, Changing strategy too often, Panicking when everyone else does, Selling when we should buy, Buying when we should sell.
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  45. You are right! I diversified my $400K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above $1.2m in net profit across high dividend yield stocks, ETF and bonds during this red season.
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  46. My advisor is Helene Claire Johnson , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market
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  47.  @bobbymainz1160  With the inflation, the stock isn't going to be raking in huge gains. It wouldn't be a bad time to BUY it, just don't expect big gains from it for a while. I'll buy once things start looking up in all those trouble areas..until then, too much turbulence for me.
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  48. I think it's especially difficult for retirees and near-retirees, I know to focus on the long term but the anxiety when you're supposed to retire in 3-5 years is exhausting. it is difficult for me to participate in the market right now due to the full-time nature of my job. it will be too stressful to combine so I don't even think about it
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  49. I completely agree, which is why I prefer to delegate daily decision-making to an investing coach. It is difficult for them to underperform given their specialised knowledge and research, as well as the fact that every one of their abilities is geared toward utilising risk for its asymmetrical potential, and mitigating it as a buffer against certain bad turns. I've been working with an investment coach for over two years, and have made over a quarter million dollars.
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  50. With the help of an investing advisor, I diversified my $400K portfolio across markets, and I was able to earn over $900k in net profit from high dividend yielding equities, ETFs, and bonds.
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