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“The rich are using inflation to get richer”. But they are not, that is a BS statement, and the creator knows that.
Are they actually increasing their purchasing power? NO,
Numbers go up bro, nobody can afford anything of actual value, worth or benefit.. it is all an ugly shell game.
Thank you 🦍
Tricky Dicky Nixon , screwed America 2X Watergate and taking the country off Gold for paper fiat money
So if you are older then 21 years old this video is useless?
like he says do not be a trader. Be a long term investor.
Trying to beat the market day by day you will loose.
Those talking heads on TV all want to see us trade every day.
They huge brokerages make their money with commissions when we trade every day.
Just pick a few ETF indexes and put money into them every week or month.
He is correct. We were young hard studing and working people. We finished school with great skill sets with good jobs. We bought 2 homes in San Diego in 1984 for about $100,000 each. Others were shocked we spent so much for our homes. Now, both are worth nearing $1,100,000. We paid off those homes all with inflated dollars.
Buy hard assets that go up with inflation. Do not buy expensive cars, boats or planes they all depreciate very fast with inflation.
The stock market also works it goes up with inflation.
Look at Home Depot, Lowes, Wal mart, Target, Kroger, Safeway all have increased their prices with and ahead of inflation.
just invest in the S&P 500 with a portion in the NASDAQ.
Invest in the prison industrial complex
"Inflation robs every one of you" [so i am going to create more inflation]
How do you pay taxes on this income ?
Trump stopped inflation
Wealth is built in both bull or bear market and also wealth transfers from the impatient to the patient. One of the best ways to succeed in crypto is by trading your assets with a good strategy.
I’m getting so tired of twenty minute videos for topics that can be read in one minute.
I think this youtube content creation model needs to change.
Inflation drives up costs, it creates negative wage pressure and it then forces taxes higher.
Inflation is driving prices. Tariffs will eventually get repealed but consumer prices won’t come down. The rich get richer.
Dude, thank you so much. This is real school
It seems like they’re “adjusting inflation” to how much money a person can have access to and not necessarily how much people make
Duhhhhh. Inflation isnt what people think. We’re arent printing off more dollars. We’re wiling to go into debt to pay for things (including rent) that we can’t afford, and the wealthy set the price point. Instead of getting $8 for a pack of coffee they’d rather get $15. They allow us to spend $15 of credit. If many people pay $15 the wealthy got exponentially wealthier from money that we didn’t even have and now the price of coffee “has been inflated.” It’s really our easy access to credit that’s the problem
When the market is low- I bought ! I have a million, just a teacher
I just can watching someone with the 'Total Recall' hat on and take them seriously.
Yeah and AI is literally killing us!! Billionaires don't care!!
For index funds betterto chose the cheaper options (lower fees). so why don't you just recommend the lower fee options?
“Meanwhile, the rich quietly turn it into profit… classic strategy.”
Only problem is that if most people lived off passive income who would do the work?
Say you are investing anywhere from 15-25% of your income in investments, but only in retirement accounts. Is that enough? or should there also be investing within brokerage accounts as well as part of the overall "investing" strategy.
What data center is used by Dice? Battlefield 6 … invest now lol
@9:00 new favorite Jaspreet quote
Invest in stocks/ETFS, profits immediately eaten by high management fees.
And why is this new?
Tax the rich!
The 🇺🇸 is better then its ever been back in the 90's going to McDonald's was awesome, we couldn't afford McDonald's every day. No body had luxury cars.. if someone had a Mercedes it was a big thing.. I feel like now days people put them selfs in a trap.. why would anyone buy a car worth more then 20k.. social media made people think the wrong way.. in the 90's it was a bad most people had two jobs to survive..we have it good now days but people don't wanna put in the work
The comparison %’s of dollar cost growth is neat. You should have included gold!
RapePublicCons always cause financial crisis and recession 100% ALWAYS. To benefit the wealthy who acquire assets and properties for pennies on the dollar from the less fortunate
Unfortunately, there are long periods where you do not make any money on the stock market, for example, 2000 to 2015. Moreover, the price of gold declined as well.
I'm on a fixed income and was paying $400 on a truck, which is more than 40% of my monthly income.
Now that my truck is paid off I can spend that $400 on investments, so after my savings which is according to him 75% (60% of my income, and eliminating savings 10% and just add that to my 15%+ 10%=25%) then I have 40% to invest over the next decade.
It would be nice if he'd let me hold that $8,000 that he was talking about… That way it wouldn't take me 30 years to get to that $6,500,000 Mark what he was talking about 🤔!! 😁
This advise is all well and good EXCEPT the burden of the national debt. The value of the dollar is going down…..
5 dollars a day ain't gonna do it
Could US Market fall into a "lost decade?" Or even worse, a Japanese type "lost 3 decades?" I feel like we are late cycle.
It's so important when he said other countries wanted the gold and the US didn't have enough for everyone. That is what they did when the world figured out the US was cheating the Gold standard and has been cheating ever since
Financial salesman
Along With Inflation Jaspreet beard also growing
So Warren Buffet is choosing to lose more money to inflation? Since is piling up cash…
I look up companies I know I want to invest in and many of them are private, not on the market, some are, it's tricky, and challenging learning this stuff
Its been taxation via inflation for years. No taxes, we'll just print more.
That made me laugh when you said "at least what we think is money"
This is Old & Dangerous advice for the new investor. Dangerous for YOU Monority Mind Set. There IS a significant Crash on the Horizon (you know this). Any "Newbies" that follow this advice and THEN experience the "Crash" … Will think back at YOU and this advice. Index investing is Dangerous today.
Great video, very informative and easy to follow & understand. I agree with almost everything you’ve said except for your statement claiming traders don’t actually make any money over the long term. Most traders don’t, but some definitely do.
They(banksters) pumps, pumping, has pumped, will pump stock market and pulls out when retailers like us enter the market. We left holding the bag. This is betrayal. Stakeholders of all kinds of market only care for themselves. We work hard, faced discrimination, sweat and tears for our money! And we STILL hope to trust the market to take care of us? Do they think we were born yesterday?