Considering how volatile the stock market is right now, I think investors should focus on cheap stocks. Of my $270k portfolio, 35% consists of formerly well-regarded stocks that are currently experiencing a sharp decrease. I have no idea how to escape this awful circumstance.

@RobertBrown..

10 сағат бұрын

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.

@JackHudson.

10 сағат бұрын

Many people minimise the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm solvent. I looked for licenced advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.

@AshlelThomas

10 сағат бұрын

This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

@JackHudson.

10 сағат бұрын

Kenna Muriel Hesseling is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

@ChristopherDavies_

10 сағат бұрын

She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing

As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?.

@eliseduffyfxx

3 күн бұрын

Just because there are opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional.

@JanAlston-kd6yl

3 күн бұрын

That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this coach?

@MiaDavis001

3 күн бұрын

Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

@La_sagne

2 күн бұрын

its never the best and never the worst time.. nobody knows anything more than that.. so do it! if you want to make it (statistically a little worse but) easier to handle mentally, you put all the money into a hysa or bonds and then take from there and invest 1 -2 % of it (5500 - 11000) a month into stocks to get the so called "dollar cost averaging effect"

@herpaderppa3297

2 күн бұрын

@@KevinEvans-mq4ob interesting, I'm in a similar situation. Do you have so me examples what the advice was? Like fire half your employees or sell the whole company or was the advice more subtle like invest in marketing etc.?

Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future. Making money is not the same as keeping it there is a reason why investments aren't well taught in schools, the examples you gave are well stationed, the market crisis gave me my first millions, people shy away from hard times, I embrace them.. well at least my advisor does lol.

@leojack9090

7 күн бұрын

Curently, investors should be cautious about their exposure and be wary of new buys, especially during inflation. Such high yields in this recession is only possible under the supervision of a professional or trusted advisor.

@fadhshf

7 күн бұрын

This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?

@hasede-lg9hj

7 күн бұрын

I stopped trying to predict market outcomes based on chart studying after 5 years of uncertainty. Not having a mentor caused me 5 years of pain. I learned to follow the market's direction and keep it simple with discipline.

@hasede-lg9hj

7 күн бұрын

Finding financial advisors like Sharon Ann Meny who can help you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

I began working at 18, strived and grew my portfolio to 600k by 33. Recently, lost over 30% and want to mitigate risks. Also, planning to buy a home soon and want my portfolio to grow to a 7-figure ball park so i can retire in 9 years. What should I do?

@Lewyn298

4 күн бұрын

I don't think here is the place for personalized investment guidance. However, I suggest consulting with a reliable advisor like Azul to ensure appropriate retirement planning.

@sommersalt88

4 күн бұрын

IMO, Adding JEPI and JEPQ is smart for retirement. As for staying committed to low-risk investments, it's all about balancing your risk tolerance with your long-term goals.

@84gaynor

4 күн бұрын

De-risk your portfolio, shore up your core holdings, and take some profits while balancing your portfolio allocations. I’d also suggest you go with a managed portfolio, but even those don’t perform so well, so it’s best you reach out to a proper fiduciary to guide you, that’s what works for my spouse and I. We've made over 80% capital growth minus dividends..

@velayuthman

4 күн бұрын

@84gaynor I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?

@84gaynor

4 күн бұрын

*Jennifer Leigh Hickman* is the licensed advisor I use. Just search the name. You’d find her webpage and necessary details to work with to set up an appointment.

My strategy has always been to invest 25% of my income in the stock market at the beginning of each month. The second part of my strategy is not to sell for at least 5 years, but recently my portfolio has suffered major decline about $150k in losses. What can I do please?

@Debbie.Burton

6 күн бұрын

Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions. which may reduce your dividend gains or income, speaking to a certified market strategist can help with pointers

@benitabussell5053

6 күн бұрын

Agreed. It's always wise to be proactive and consider diversifying our investments to manage risks in uncertain economic times. I delegate my day-to-day investing to an advisor ever since suffering a major steep-down late 2019, amid rona-outbreak, and as of today, I'm semi-retired with barely 25% short of my $1m retirement goal after subsequent investments

@A_francis

6 күн бұрын

my partner’s been considering going the same route, could you share more info please on the advisor that guided you to such impressive gains

@benitabussell5053

6 күн бұрын

*Sharon Lynne Hart* is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

@judynewsom1902

6 күн бұрын

I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip

It's refreshing to see Scott's honesty and vulnerability in discussing his personal journey and mistakes. 📚 His insights on economic responsibility and personal growth offer valuable lessons for all of us striving for success and happiness.

The most important in life is health then having wealth enough to cover you living confortable . The rest should be learning , relationships, holidays etc

The best advice for young people; appreciate his candor about his mistakes along the way too.

Never heard of Scott or listened to him before now... im pleased the algo suggested this! love his honesty, loved this. Thank you 😊

Minus the increasing wealth gap, it's sad how difficult things have become in the present generation. I was wondering how to utilise some money I had. I used some of it for e-commerce business, but that sank. I'm thinking of how to use what's left to invest, but I don't really know which way to go.

@maiadazz

Күн бұрын

I get it, navigating today's challenges is tough. Protecting what's left is crucial. Consider seeking advice from a financial advisor for investment direction. And remember, a failed business doesn't mean giving up.

@Aaronduckstein49

Күн бұрын

Exactly. Failed businesses are just steps forward. Don't lose hope. When choosing a financial advisor, find someone who understands your unique needs-I learned this through experience. Now, I earn six figures from investments alone, and even more from my businesses.

@tatianastarcic

Күн бұрын

Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.

@Aaronduckstein49

Күн бұрын

Tenley. Megan Amerson’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look her up.

@richardhudson1243

Күн бұрын

Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

Wow. I was at UCLA in ‘84-88 and I was one of those kids like you. I even took the midnight shift at the front desk in the dorms, from 12 to 4 AM and 4 to 8 AM just so I could pay less in rent to the dorms, then I’d go to class.

How is this man not president?! I've never heard anybody outside of Bernie say these things. Thank you!

9:48 I love Scott Galloway so much.

A genuine heartfelt and personally revealing interview.

Thank you Scott for sharing those mistakes and regrets. It helps to know I'm not alone.

You can see me there in the front row center!! This was amazing to see. Scott is still on-brand off-camera.

Great interview. Learned a lot about myself. Thanks.

34:45 , 1:00:10, 1:05:35, 1:09:56, 1:18:00

Great listen overall. My only gripe is people like Scott always give the advice of do what I say, not what I do. Zero chance he would have made $100m+ investing only in index funds.

@brycepalmer4942

10 күн бұрын

Exactly. He’s a fraud.

@esqu1re

8 күн бұрын

100% He is an outlier though. His point is that most people are not going to be outliers like him. For most people, index funds almost guarantee a decent return over time, whereas only the lucky or truly amazing will be like him.

@TrendyStone

7 күн бұрын

You confused MAKING wealth by taking lots of risk when you are young and can afford resets and losses with KEEPING wealth when you are older. He covers all this in his book.

@jkfy5995

6 сағат бұрын

@@TrendyStonewhich book?

The best approach to achieving financial. success is through steady investments, I believe every Investor should start with ETFs for a solid foundation, then diversify across asset classes and maintain disciplined, regular investing to minimize risks and maximize growth.

@mikeroper353

Күн бұрын

I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market

@Nernst96

Күн бұрын

Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions.

@PatrickLloyd-

Күн бұрын

A lot of folks downplay the role of advlsors 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.

@PhilipDunk

Күн бұрын

This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? I'm in dire need of proper portfolio allocation.

@PatrickLloyd-

Күн бұрын

Amber Dawn Brummit is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

Sharing this with every kid I know! Excellent advice.

👏🏼👏🏼👏🏼👏🏼👏🏼 thanks man

Awesome guest!

These talks are great, really humanizes the speaker Never gave a F about this guy He’s a real person now, not just a talking head on KZread

What a sick show .....

I like his mindset

I like a lot of the stuff he talks about. I just don't see how he can't see the dissonance between this idea of how to manage your money and diversifying, and how he managed his time and work. He poured all into work and it. paid off, and now he can spend a lot of time with his kids, it was a wild bet if he didn't have had financial success, he wouldn't have money and he would have crappy relationships

@theresa6465

8 күн бұрын

I’m sure a narcissist like him has the best relationships that money can buy.😂

@TrendyStone

7 күн бұрын

Dissonance? He talks openly about going “all in” when you are young (education + a big city w/ energy) and then keeping it through diversification when you are older. Did you read the book?

@Ataios

7 күн бұрын

@@TrendyStone Yes, dissonance in the strategy he suggests for money (diversification) and time (all-in). How you treat money, time and love are equivalents, I do see a dissonance between how he suggests investing money and how he suggests investing love, which psychologically is equal. In fact, the advice of going all in is the same as he did with his money when he was young, and it didn't pay off. I think he got lucky with the all-in strategy in terms of work over kids because work paid off, but for most people, work doesn't pay off, and over-investing there to the detriment of your loved ones, is a risky gamble. Haven't read the book, I might, I heard a couple of his interviews and I think I got some good ideas out of him already.

@Ataios

7 күн бұрын

@@TrendyStone Plus, he doesn't say you should that. He says that if you want to be a millionaire like him, you should do that. Big IF. Millionaire land is extremistan territory.

29:00 truth. I agree on distribution of wealth and tax code etc etc. But the other side of that coin is personal responsibility. I work in property management mostly affordable housing and 24-7-365 ubereats and doordash in and out. No one should be using those apps. Rent-to-own is another one, it's insanity.

The two wealthy talking guys on stage by the "No Entry" signs - hopefully not prophetic. Great talk!

#Truth

Nvidia seems to be have similarities with CISCO. It is infrastructure too and CISCO was much bigger.

that word was ikigai. do an image search on that.

The interviewer (who is a successful KZreadr) contradicts Scott regarding following his passion. He’s that successful guy who is gaslighting all the regular joes SG is speaking to.

The moderator totally missed the point when he spoke of his Dad being a corporate attorney; go back and LISTEN to what Scott said. I’m sure corporate attorneys do fine and can get satisfaction from their “passionate “ weekend hobbies

😀

An Android Samsung is equally expensive, and infinitely better than an iPhone.

@jafrasar1

15 күн бұрын

The S24 is more expensive than an iPhone 15 Pro-but worth it.

@CalicoCooperFan

12 күн бұрын

Truth! Takes better picture, too.

@TalkingDonkeyz

11 күн бұрын

Only if you use no other Apple products. Apple’s advantage is that they have best in class product across the board and the value compounds as you lock in to the eco system.

@TrendyStone

7 күн бұрын

Nope. It’s about the ecosystem. Android users ruin any group chat. It’s obnoxious. I can’t even text them a pdf. We hate it when one an android user with their stupid Samsung screws up our group chat. Just stay out.

Streaght to the point no tap dancing around.

SUPPOSEDLY CONCERNED ABOUT SOCIAL ISSUES, BUT ONLY STRUTTING HIS WEALTH.

My favorite liberal wiseman

Great talk. Have your kids watch this. I've heard the iPhone thing a few times. I don't think it's exactly right but it's the right idea. ROTH, 401K pay yourself first, invest 10%-20% of your income every month and you can live whatever life you choose. Successful or unsuccessful there is a beautiful financial rainbow at retirement. It's so simple really. Self love.

Why do ppl think the government is good at spending your tax dollars LOL

@adamk8724

16 күн бұрын

Right, billionares are much better at that, they build beautiful infrastructure, schools, provide great medical care.

@bawbee27

10 күн бұрын

Cause if you live in a decent society you can see evidence of past work all around you

I get pissed off, when I get charged for a seat, on an airplane, above the cost of the plane ticket.

@dmwas.

4 күн бұрын

It's like you were to fly standing. So annoying. Imagine if after ordering food in a restaurant, on top of the price on the menu, you also get charged for the plate and cutlery.

This dude is off his rocker. Why anyone listens to this is beyond me LOL. Ohhh I know why! Because he says he is rich. Appealing to greed is a great formula for deceivers.

Scott Galloway 2024!!

@brycepalmer4942

10 күн бұрын

Maybe for prison for crimes against healthy culture. What a tool this man is. You should learn your history about who he really is and what he used to teach before he became part of the 1% OF the 1%. Galloway for prison.

I think Karl Marx Communism is far worse than Capitalism

If u work for those big companies u r just making the evil companies richer. I would go small companies or entrepreneurship .

This host's insistence on going all in on tech stocks is pure idiocy.

so how much are you worth . you talked around it. and tell everyone to be open about income.confused

@Anthony5ist

9 күн бұрын

He said 100M

@theresa6465

8 күн бұрын

Scott is very adept at talking his way around questions, but never directly answering them.

How is he claiming he is a jew and also an atheist

@dionysus9876

14 күн бұрын

Because it is an ethnicity/nationality/race and a religion. There are Jews who are atheists, Christians, Buddhists, etc.

@IFYOUWANTITGOGETIT

10 күн бұрын

Sam Harris is also a Jew (Atheist).

@juniormichael354

10 күн бұрын

​@@dionysus9876Hebrew and Jew what the difference

Why does he claim to be Jewish and Atheist ?

100 million? Why does anyone need more than 20 million? Or even 10? 4% of 20 million is 800k and there is no single person in the world that can’t live an insane life spending $800k a year. This guy is a little out of touch. He’s great in his ideas and approach to things in general, but he’s out of touch in terms of what’s needed for personal wealth and the need to be happy/secure.

@patienceisalpha

23 күн бұрын

100M doesn't mean you're 100M liquid. Often not.

@rayray52577

23 күн бұрын

@@patienceisalpha sure, but if you’re not earning income off the majority of your assets (whether it’s rental income, dividends, royalties, or business income), then you’re doing something wrong. Even if $50M -75M is tied up in business assets, the income from that should still be in the millions. Illiquid doesn’t necessarily mean it’s not income producing. If it does, then it’s time to consider leveraging or selling.

@patienceisalpha

22 күн бұрын

@@rayray52577 VC funds typically don't provide income until an exit. Scott is heavily geared towards privates

@user-zb6lg1xj3k

22 күн бұрын

That’s his number, I didn’t interpret it as him saying that should be other ppl’s number 🤷

@anilhebbar6506

21 күн бұрын

Absolutely. There has to be a line between need and greed.

Hopefully he finds Christ.

I don´t think that he was as wealthy/rich as he claims with his investment. He became rich by talking a lot of BS in front of the audience.

awesome talk but do not agree about crypto. Bitcoin might be the best investment for the young, more than s&p 500 index

the old people paid their fair share of taxes and now they are being bad mouthed by this guy by getting what they deserve and have paid for? what a dangerous teacher

@brycepalmer4942

10 күн бұрын

He’s seriously the worst. He helped create the culture that is destroying the world. lol he just said he doesn’t see why anyone needs more than $100 million. That’s so easy to say from the guy worth more than that who originally taught his students that capitalism was the devil. I don’t think I’ve ever listened to a bigger hypocrite in my life.

@FibbonachiCrusader

9 күн бұрын

Old people allowed their government to turn Social Security into a pay-as-you-go scam; they're projected to take out 3x what they put in. They didn't earn anything. They indebted future generations to bankroll their retirement and perpetuated the lie that they 'earned it'.

@theresa6465

8 күн бұрын

I agree, he’s a narcissist and his views on social security are repugnant. He’s also cagey about answering certain questions directly, expounding on the subject but not directly answering the question asked. 👎🏼

A Jew quoting Marx is probably the most cliche thing I've seen this year.

The irony of an atheist using “God” and “Jesus Christ” all over his conversation…

so this guy feels guilty he is not paying enough taxes, yet does not ask about where the tax dollars are going. I guess is happy funding corrupt political system. Also takes advantage of all the tax loop holes. Total wackjob.

@MK99112

21 күн бұрын

It’s literally posted on web by the US government. You don’t need to ask to see where it is going. It’s not a mystery. But the point he is making is it’s morally wrong to allow the wealthy to be taxed at a lower rate than normal people when they have disproportionately benefited from a system they are also rigging.

@tomstock9546

20 күн бұрын

Your argument is coming right out of a propagandist’s playbook: seeding mistrust to make sure everybody thinks it’s ok not to contribute to a democratic system. They want you to believe everything is rigged so you do not even think to stand up and contribute to change it for the better. With people thinking like that, the corrupt guys will feel very, very safe in their place.

@surfnbacker84

15 күн бұрын

Everyone should be taxed far less if spent properly

RFK jr 2024 ❤❤❤ the only one addressing the issues he brought up. Not trump or Biden.

Frightening human

Why is paying taxes a sign of virtue? I dont want you to fund Ukraine bullshit wars…i want you creating another billion dollar company that will improve my quality of life by using your products & services! Let billionaires not pay taxes please.