Apple released the iPhone 15. Investors and analysts are underwhelmed. Is this the top for Apple?
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00:00 Introduction
02:50 YouTube Channel Update
05:35 The 2024 Recession
19:00 Blackrock Owns The World
24:36 Apple iPhone 15 Demand
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About Joseph Carlson:
I am not a professional investor and have never claimed to be. I’m an amateur investor sharing my experience of what I’ve learned, where I have had success, and where I’ve had failures. I share my thoughts on investing and performance with transparency. My approach and goal to investing is to buy high-quality long-term investments in world-class businesses that I call “compounders”. I view my investments as businesses, not as stocks. Before creating content on YouTube full time I worked as a senior-level programmer for 8 years. Over the years as a programmer, I compounded my knowledge of development. I take the same iterative learning approach to my study of investing. I study investing as a craft in the continual pursuit of being better. I will make mistakes in investment decisions from time to time. Results are not guaranteed. Please do not blindly follow me into any investments, and make sure your portfolio and investments are built around your specific income, risk tolerance, personality, and timeline, and overall circumstances….(read more)
BREAKING: Recession News
LEARN MORE ABOUT: Bank Failures
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
Preparing For the 2024 Recession
As economic cycles are inevitable, it is crucial for individuals and businesses to be prepared for the possibility of a recession. With experts predicting a recession to occur in 2024, now is the time to start planning and safeguarding your finances to navigate this potential economic downturn successfully. By taking proactive steps, you can position yourself to mitigate the impact and even seize opportunities that arise during challenging times.
1. Assess and Strengthen your Financial Position:
Start by reviewing your current financial situation and identifying areas of vulnerability. Evaluate your debts, such as loans and credit card balances, and work towards reducing them. Building an emergency fund is also crucial, as it provides a safety net during recessionary periods and helps cover unexpected expenses.
2. Diversify your Income:
Relying solely on one source of income can leave you susceptible to financial instability during a recession. Consider creating multiple streams of revenue, such as investing in stocks, real estate, or starting a side business. Diversifying your income will provide stability and protect you from relying on a single paycheck.
3. Invest Wisely:
While investing during a recession can be intimidating, it can also present unique opportunities. Take the time to understand different investment strategies and risks associated with recessionary markets. Consider safe-haven assets, such as gold or bonds, which tend to perform well when the economy weakens. Additionally, research undervalued stocks and sectors that historically resist recessionary pressures.
4. Reduce Non-Essential Expenses:
During uncertain times, it is essential to cut down on discretionary spending and save wherever possible. Evaluate your monthly expenses and identify areas where you can make reductions. This might mean cutting back on dining out, entertainment, or unnecessary subscriptions. By adopting a frugal mindset now, you can better weather the storm when the recession hits.
5. Plan for Job Security:
A recession can increase unemployment rates and make finding new employment challenging. Therefore, focus on strengthening your job security. Take steps to enhance your skills, seek professional development opportunities, and build your professional network. By actively improving your employability, you increase your chances of holding onto your current job or finding new opportunities.
6. Maintain a Positive Mindset:
Psychologically preparing for a recession is just as essential as financial planning. Maintaining a positive attitude during challenging times can help you stay focused, motivated, and resilient. Surround yourself with a supportive network and seek guidance from financial advisors who can offer valuable insights.
7. Stay Informed and Seek Professional Advice:
Stay up to date with economic trends and indicators by following news outlets, credible financial sources, and government reports. Speak to financial advisors who specialize in recession planning. Their expertise can assist you in making informed decisions and adapting your financial strategies accordingly.
Remember, a recession does not have to mean financial ruin; with the right planning and preparation, you can navigate the challenges and even thrive during these periods. By adopting a proactive approach and implementing these strategies, you will be better positioned to weather the storm of the predicted 2024 recession with confidence and resilience.
In light of the impending recession and the fact that inflation is still far higher than the Fed's 2% target, several of the most prominent market analysts have been expressing their views on how terrible they believe the next downturn will be and how far stocks may have to fall. I need advice on what investments to make because I'm attempting to create a portfolio for my children that will at least be $850k in value.
Just a tinnnyyy note: some people cash out because they got laid off in the recession or aren't making money as their own business or something. Not everyone is just afraid and selling out of the market when it dips. Some just need to keep going.
The fin-Market have underperformed the U.S. economy as fear of inflation hammers the prices of stock;s and bonds. My portfoIio of $250k is down to $192k any recommendation;s to scale up my return;s during this crash will be highly appreciated.
Is this only for the US markets?
To Blackrock: blackrock does not own all their assets, but they control it / have their voting power. And then there is all their lobbying work in different governments, but especially in the US government. So they don't own the world, but they do influence it. I don't know how big that influence is but the truth is probably somewhere between the standard conspiracy theoryand the standard conspiracy denier.
You can tell Blackrock are the bad guys because if they were the good guys they'd named themselves Whiterock.
If you doubt that ESG is not a thing being pushed across the sphere of large public traded business by an elite class your head is in the sand. Is it presently a threat to individual investors? No. Will it be in the future? Very much so.
The only thing you can do is make sure you're ready and plan accordingly because recessions are a natural part of the economic cycle. I began my career during a recession (2009). Aerial acrobatics on cruise ships was my first job out of college. I've developed my own business, am a vice president at a large corporation, own three rental homes, invest in stocks and businesses, and have seen a growth in my net worth of two million dollars over the past four years.
My wife and I did very well in the amount of money that we amassed for retirement. Well over 80% of that money averaging about $2 million was made because of taking advantage of buying high-end stocks at a deep discount during the Great Recession. 2009 I fired the stockbroker got rid of all mutual funds and bought individual dividend stocks. Be patient don't get scared and do your homework and you can make a killing.
Does anyone know if you research Canadian stocks on Qualtrim?
If you think Blackrock is controlling the world, you shouldn't be investing your money yourself. You're either letting your political views cloud your judgement or you have a very limited understanding of finance. Either way, you're probably better off buying the index with Vanguard or Blackrock. Oh, wait!
Nah, a recession was "predicted" repeatedly for 3 years at least, and so one of the two: 1 – will never happen, or 2 – market has already discounted a recession
If we get a recession, maybe stock prices drop to reasonable numbers again….
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.
When did you sell out if poolcorp i think i missed that video thank you so much for the knowledge Joseph
Do you still hold poolcorp?
Great video again. Thanks.