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23 Comments
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I know you've been waiting for this. So long. You will become a millionaire. You knew everything. Good luck!!!!
If you are in Retail recessions suck balls.
I bought like craxy during the 2020 crash, it was fantastic to get amazing companies at discount 40%+
If you keep cash on the sideline you are not in the market and violates the rules – time in the market beats timing the market . If someone has steady cash flow , assets can be bought cheap
They never will teach you about money in school!
No sht!!!
Tell us something we don't know
I learned something new today.
I've been watching how fast crypto is taking off and kinda regret not starting earlier. I'm ready to get in now. Any tips for a beginner?
in 2020 I didn't sell anything. I bought silver and gold. Right now there is nothing worth buying and I'm not selling. I'm debt free, cash heavy and waiting.
Great observations and sound advice. Earlier this year when the whole tariffs situation affected the market, my 401k took a significant dip, however it not only corrected itself within the next couple months but it has now has grown 19% on top of the recuperated amount. Had I panicked and pull those funds I would have lost thrice, the dip, the fees paid to pull the money and a lost opportunity to make an extra 19%. Which this has now placed me ahead of schedule to retire earlier by at least 2 years.
Not with the great rest. “You’ll own nothing and be happy.”
Great context,I'm 53yrs old. $45,000 weekly and I'm retired, this video have inspired me greatly in many ways that I remember my past of how I struggled with many things in life to be where I am today!!!💵💪
Another reason people might sell when they believe that the market is going to crash is because they want the cash to buy when the stock price is lower.
At 42, I'm officially retired. With $95k biweekly income and the unwavering support of my family, I'm living the life I once prayed for, forever grateful
👍 such amazing education, this helped me a lot, thank you Jaspreet
Rocket sing sir
I am no where near a millionaire on investments
But % wise the plays I made during early COVID and the drop in 2022 make up the largest portion of my total gains.
How would someone time the market? If you hold onto the cash, the market may continue to go up for five years while your are waiting for a recession. The cash is also loosing value to inflation during that time. When the recession finally hits and there is a crash, that crash could only wipe out half of the gains in the market over the five years you are holding the cash. You then end up worse off. It seems like you have to have some type of income in the recession and use the cash from that income to invest in the market. You wouldn't want to use the cash that is needed for essentials based on your risk tolerance. Then you would be putting yourself at risk if the market is down when you need to draw from your investments for essentials, which this video warns us about. Invest in your skills, so that you have income in a recession.
Always good to see my man Jaspreet!
Surprised that “The Millionaire Circuit” by Alexander Pierce isn’t getting more attention. Out of all the books I’ve read, this one truly explains how to create real wealth.
great book
What’s Satoshi ??!
I would like to hear your opinion about short leveraging stocks during the downward period of a recession, instead of waiting for the bottom to buy
💐💐💐 💐