CEO: A 'full-blown' bear market will be ‘painful’ for a lot of people
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Published 2024-08-05
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All Comments (21)
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I know at some point a bull market ends and a bear begins, it goes on and on....I have a 7 figure ballpark goal and I intend spreading across maybe 50k - 150k on plummeting stocks, my question is how can I know when a market bottom has been reached?
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Honestly, this concerns me and has left me uneasy. Especially this potential depression, no more a recession. I'm now thinking of ways to protect my portfolio worth of $800k from this bloodbath.
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But we are told by this White House and the media that the economy is the best it's ever been and we should be happy about it.
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More money are lost making some mistakes in market crash like: rushing to buy stocks, having a get rich quick mindset, micromanaging your portfolio.
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Markets look like 2015-16. Probably going back to all time highs, but will probably go sideways until fed signals rate cut, Recently sold 25% of my $285k portfolio comprising of plummeting stocks that were recommended by certain financial YouTubers, quite devastating!
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In these unpredictable times, it's crucial to manage money wisely and invest prudently. My $240k reserve has been idle with little profitis not increasing more than 5% and people are predicting a crash, inflation is eroding my savings. I need a solution to protect and grow my funds.
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Stop the excessive printing of money, the root cause of inflation.
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The elephant in the room nobody talks about is the jobs number revisions that come out showing that the jobs gains aren't as big as first report. The government is putting a thumb on the scale to hide the fact jobs aren't growing like they're saying.
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Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.
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I am forever grateful to Mr. David , he has completely changed my life and I will continue to preach in his name until everyone hears that you saved me from a huge financial debt with a small investment, thank you Mr. David
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They are stealing your money with their money machines
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Good job Democrats!
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I live in Texas. Went to Whataburger yesterday. My gf and I both got a meal and apple pie. It was a bit over $30. TRUMP 2024 🇺🇸
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DJT 2024 SAVE AMERICA
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Groceries up 30-40%? Try 60-70%!
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Its gonna get worse people!
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Well,..I'm not the one who voted for Joe Biden!!!! Enjoy 'in it folks??? I'm not!!!
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Why did it take so long for people to actually see what’s going on?
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I wonder what Biden & Kamala Harris supporters think about this ow wait there gonna blame Trump! Smh 🤦🏻♂️
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this obviously NOT TRUMP TO BLAME BIDEN HARRIS IS TO BLAME 100% rescission now depression later
