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Warren Buffett explains the 1929 crisis and what we can learn from it, especially with regards to the current downturn.
Warren E. Buffett is an American investor, philanthropist, business tycoon, and the chairman & CEO of Berkshire Hathaway. He is considered one of the most successful investors in the world and has a net worth of over 100 billion dollars. Buffett was born in Omaha, Nebraska. He developed an interest in business and investing in his youth and made truly incredible stock market returns over his career.
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https://www.youtube.com/watch?v=K7QOS28WTPk
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😭😭I know all how sad it is to lose this shouldn’t expire for a ciocheza 🥦🥦
One thing that maybe is missed by a lot of people is the fact he had a happy family life upbringing.. That seems to be a big help to lots of people in life, for Confidence to venture from the “secure base”
Also, when those 4000 banks “failed” in the Great depression, where did all that money from peoples accounts go? Maybe the heads of the banks got very rich from it all really
It was another world back then, i can only imagine how it must have felt to approach those 1929 levels and being scarred out of your mind after roughly three decades.
he is so well spoken
He is one of the devils creating this collapse. Greed and love of money is the root of all evils. He is no friend to any of us.
@Sheila Sullivanwhy do people not see this! Guy is 92 and still doesn’t have enough!
One thing that came after the collapse of the Soviet Union was the acceleration of transferring of jobs overseas as the main threat to the western elites had been eliminated and the greed for profit over their own people was disgusting.
Exactly that’s the reason and labor unions are getting weaker by the day.
Yep. Ivan kept the SOBs honest. We now know who lost the cold war, the American workers 😡😡😡😡
We missed it decades ago, transferring labor overseas, importing cheap slave labor products or expensive brand named products exported labor and never priced less expensive. People should have stopped being excessive consumers, more families should have become less needing a two working parent household, those things would have feel into a bigger truth if more people understood what was happening, instead the working class are fed helpings of mounting problems, including just maintaining of roof over one’s head is a major issue. They keep saying a song and dance while greed has morphed into terror. Ask those forced to take jabs with all their rights waived or lose employment, ask those getting rent increases yearly and nothing in returned except priced out of the housing home ownership. They are continuing providing room and board for people illegal crossing into this country without any documents, but required every background an income from it citizens. Everyone is busy thinking in terms of dollars but morals, safety and trust and all those things are worth value, yet everything is collapsing but those invested in the outsourcing or finance instruments, those things don’t feed or house the average household.
Well said
I’m not kidding when I say that the market crash and high inflation have me really stressed out and worried about retirement. I’ve been in the red for a while now and although people say these crisis has it perks, I’m losing my mind but I get it Investing is a long-term game, so focus on the long run.
I can’t focus on the long run when I should be retiring in 3years, you see I’ve got good companies in my portfolio and a good amount invested, but my profit has been stalling, does it mean this recession/unstable market doesn’t provide any calculated risk opportunities to make profit?
There are a lot of strategies to make tongue wetting profit especially in a down market, but such sophisticated trades can only be carried out by proper market experts
I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you
She appears to be well-educated and well-read. I just ran a Google search for her name and came across her website; thank you for sharing.
Thanks for these advices, in these times is for sure that there will be a huge recession in all markets around the world. Thanks!
I wonder if people that experienced the 2008 crash had it easier because. my portfolio has lost over $27000 and I don’t see my retirement turning out well when I can’t even grow my stagnant reserve
You have an opportunity to rebalance thanks to volatility. In order to help you diversify your portfolio, you must hire a financial counselor or broker.ur portfolio, you must hire a financial counselor or broker.
I’ll suggest you create a diversification strategy because building a good financial-portfolio has been more complex since covid. I have accrued over $120K under the guidance of my coach during this crash. She figured out Defensive strategies to protect my portfolio and make profit from this roller coaster market.
That does make a lot of sense. unlike us, you seem to have the Market figured out. Who is this consultant?
My advisor is *Sharon Louise Count* she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field.
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.
More immediately than a collapse in the stock or real estate markets, inflation directly impacts people’s standard of life. It is hardly surprising that the present market attitude is so negative. If we are to live in this economy, we are in dire need of assistance. ETF and stock markets are still unpredictably volatile, just like the housing market. My $370,000 portfolio has been reduced to rubble.
A lot of people are still making huge returns on investment this period. You just have to be very grounded or solicit the help of a professional.
Especially because their expertise is centred on short- and long-term holdings for profit realisation and because of their distinctive research, it is nearly impossible for them to underperform, I prefer to seek the advise of financial consultants when making my daily investment decisions. My consultant and I have been investing together for a little over two years and we have already produced sizeable net profits.
we’re only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market, could this consultant that guides you help?
“Lisa Angelique Abel” serves as my advisor, bringing extensive qualifications and experience in the financial market. Her deep understanding of portfolio diversity positions her as an industry expert. I suggest delving into her credentials for further insight. With her considerable experience, she offers valuable guidance to anyone seeking to navigate the complexities of the financial market.
Thanks for sharing, I just looked her up on the web and I would say he really has an impressive background in investing. I will write him an e-mail shortly.
Every crash /collapse/inflation or a recession offers an equal market opportunity if you are well prepared and knowledgeable. I’ve seen people accumulate up to $800,000 during crises and even pull it off with ease in a bad economy. Without a doubt, the bubble or crash has made someone extremely wealthy.
I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience
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 licensed advisors and came across someone of utmost qualifications. She’s helped grow my reserve notwithstanding inflation, from $275k to $850k.
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one.
“Carol Pasol Lewis” is the advisor that oversees my portfolio. She’s been able to gain some reputation and online recognition with over 3 decades in service, so it shouldn’t be a hassle to find basic info.
She appears to be a true authority in her profession. I looked her up online and found her website, which I browsed and went through to learn more about her credentials, academic background, and career. She owes me a fiduciary duty to act in my best interests. I set up an appointment to use her services.
Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I’ve seen folks amass up to $1m amid crisis, and even pull it off easily in a favorable economy. Unequivocally, the bubble/collapse is getting somebody somewhere rich
I do not disagree, there are strategies that could be put in place for solid gains regardless of economy or markt condition, but such execution are usuallv carried out by investment experts or advisors with experience since the 08′ crash
The issue is most people have the “I want to do it myself mentality” but not equipped enough for a crash, hence get burnt, no offense. In general, invt-advisors are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded nearly 300%, summing up to 7-figure as of today.
this is huge! think you can point me towards the direction of your advisor? been looking at advisory management myself.. seeking ways to invest and make more money with the uncertainty in the economy
NICOLE DESIREE SIMON is the advisor that oversees my portfolio. She’s been able to gain some reputation and online recognition with over two decades in service, so it shouldn’t be a hassle to find basic info.
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing..
The US economy is grappling with uncertainties, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
Things are strange right now. The US dollar is becoming less valuable because of inflation, but it’s getting stronger compared to other currencies and things like gold and property. People are turning to the dollar because they think it’s safer. I’m worried about my retirement savings of about $420,000 losing value because of high inflation. Where else can we keep our money?
Well I recommend you make a diversification plan because it’s been harder to build a good stocksportfolio since COVID. My colleague suggested I hire a brokerage Adviser, and I’ve actually made over $150K with their help during last market upheavel. They used defensive strategies to protect my portfolio and make profits despite the ups and downs.
I find this intriguing. Could you please provide me with the means to get in touch with your Adviser? I am concerned about my dwindling portfolio.
I personally work with “Helene Claire Johnson”. She covers fields such as: investing, insurance, making sure retirement is well funded, going over tax benefits, ways to have a volatility buffer for inveestment risk. Just take a look at her page on the internet. She is well known so it shouldn’t be hard to find her. `
I looked her up online and found her website, which I reviewed and went through to learn more about her credentials, academic background, and employment. She has a fiduciary duty to protect my best interests. I set up a call with her so I could use her services.
Every day we encounter novel challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2023, how can we enhance our earnings during this period of adjustment? I cannot let my $500,000 savings vanish after putting in so much effort to accumulate them.
Despite hearing that insider trading secrets could lead to making millions in the financial market, I hesitated to invest as I lack the required skills and a sound strategy to surpass the market and achieve profitable returns. Additionally, although I possess $150k, I find it challenging to take the plunge due to a shortage of funds.
It is advisable to steer clear of cons that appear improbable. Seeking assistance from a brokerage Adviser can be helpful as they are highly skilled in their field and can provide tailored advice based on an individual’s risk appetite. While there may be unscrupulous individuals, there are also remarkable ones with a positive track record.
I’m intrigued by your experience. Could you possibly recommend a trustworthy AdvisoR you’ve consulted with?
I started out with an FA named Debra Ella Nicholas. Her honest approach gives me complete ownership and control over my position, and her rates are incredibly affordable given my ROI.
Debra appears to be a true authority in this field. I looked her up on the net cos I really need this, and found her websiite, went through her profile and I can say she’s superb. Dropped a message hoping it gets replied.
Don’t wait for a crash. Invest judiciously, keep a stop loss figure. Shuffle between debt and equity wherever the ratio goes too off your target. As for the target, I recommend a Ratio like this Debt % should be equal to your age in years. If you are 20, debt is 20%, reset in equity. If the market falls or rises drastically, your debt % will change, which you should rebalance to 20% and bring back equity to 80%. Thus you would have bought low or booked profit depending on if it was a crash or a bull run.
Effective personal finance management is more important than the amount of money saved, regardless of whether income is earned through job or investment. Individuals can seek counsel from a certified financial advisor to optimize financial outcomes, who can provide specialized advice and methods to decrease expenses and maximize income.
I’m sure the idea of an investment-Adviser might sound controversial to a few, but a new study by Motley-fool found out that demand for Financial-Advisers sky-rocketed by over 42% since the pandemic and based on firsthand encounter I can say for certain their skillsets are topnotch. I’ve accrued north of 880k within 16-months from an initially stagnant Portfolio.
This is exactly how i wish to get my finances coordinated ahead or retirement. Can you recommend the financial advisor you used to get ahead?
My Financial adviser is ‘’Colleen Janie Towe’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. 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.
Colleen has the appearance of being a great authority in her profession. I looked her up online and found her website, which I reviewed and went through to learn more about her credentials, academic background, and employment. She has a fiduciary duty to protect my best interests. I sent her an email outlining my objectives and also booked a session with her; thanks for sharing.
A good book to read is The Great Depression by Benjamin Roth. He was a young midwest lawyer and these are his diary entries from that ten-year period. It really helps to understand the mindset and everyday challenges. He was lucky to live in a smaller town. Large cities had to be so much worse. It’s surprisingly readable.
Overall, 51% of investors still think it’s a good time to invest in stocks, mutual funds, and other equity-based investments, despite Treasury yields and other safer cash-like investments, I’m thinking of investing $400k into my stock portfolio but unsure about what equities to get into.
That’s up noticeably from 41% in the second quarter again, despite shaky-looking markets in August.
Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, , and in just a few months, I was able to earn over $950K in net profit from high dividend yielding stocks. you should try it if you’re unsure about the market.
That’s impressive, have you always had a financial advisor?
Not exactly, I started out with a financial advisor called ” *Monica Selena Park* “. Her honest approach gives me complete ownership and control of my positions, and her rates are incredibly affordable given my ROI. However, do your due diligence before contacting a financial advisor.
Monica appears to be very knowledgeable. I found her webpage and read through her resume, educational background, and qualifications, which were all very impressive. She is a fiduciary, which means she will act in my best interests. So I scheduled a call with her.
The problem we have is because Most people always taught that ” you only need a good job to become rich ” . These billionaires are operating on a whole other playbook that many don’t even know exists.
Money invested is far better than money saved , when you invest it gives you the opportunity to increase your financial worth.
” It is remarkable how much long term advantage people like us have gotten by trying to be consistently not stupid , instead of trying to be very intelligent.”
The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn’t depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.
I also keep seeing lot’s of people testifying about how they make money investing in Stock, Forex and Crypto Trade(Bitcoin) and I wonder why I keep loosing. Can anyone help me out or at least advice me on what to do.
Even with the right technique and assets some investors would still make more than others. As an investor, you should’ve known that by now that nothing beats experience and that’s final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I’m buying again.
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.
I don’t know how but you’ve managed to package an unbiased analysis that is more entertaining than the sensationalized segment of economic and financial news. Thank you for your efforts to be the signal and not the noise. I understand that the economy is currently in a downturn and that we must wait for things to get better
As hard as it may sound you can plan for the recession. If you are working, find extra work and get an Invest–advisor. Protect your deposits by having enough cash in short term fixed income. Then cut your expenses. Minimal insurance, cut utilities.
I think the current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner
Exactly why i enjoy my day to day market decisions being guided by a portfolio-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it’s near impossible to not outperform, been using a portfolio-coach for over 2years+ and I’ve netted over $800k.
Even if you have a humongous income you still need to draw up futuristic plans because anything can happen. One could lose one’s job or whatever. Investment cannot be overemphasized. About your advisor, how does one reach pls
My advisor is ‘’Margaret Johnson Arndt’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. 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.
I am experiencing one of the most challenging phases of my life… Lost a fortune lnvesting in emerging companies… How are other people in the same market raking in over $200k gains with months, I’m really just confused at this point.
Yes, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge
Having an lnvestment advser is the best way to go about the market right now, especially for near-retirees, I’ve been in touch with a coach for a year now mostly because I lack the depth knowledge and mental fortitude to deal with these recurring market conditions, I nettd over $320K in profits so far, Its clear there’s more to the market that we avg joes don’t know that Investment advisors know.
How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
There are a lot of independent advisors you might look into. But i work with Viviana Marisa Coelho and I have been working together for nearly four years, and she is excellent. You could proceed with her if she satisfies your discretion. I endorse her.
I just googled her and I’m really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
Given the current economic difficulties that the country is experiencing in 2023, how can we enhance our earnings during this period of adjustment? I cannot let my $680k savings vanish after putting in so much effort to accumulate them.
Well the bigger the risk, the bigger the reward and such impeccable decisions are better guided by professionals
Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.
I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
There are a lot of independent advisors you might look into. But i work with HEATHER LEE LARIONI and I have been working together for nearly four years, and she is excellent. You could proceed with her if she satisfies your discretion. I endorse her
she actually appears to be well-read and educated. I just did a Google search for her name and found her webpage, I appreciate you sharing