Is The Market About to Correct?

Published 2024-08-05
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All Comments (21)
  • @eliseduffyfxx
    The US economy's influence on the global economy means that its instability has far-reaching consequences. In such times, safe-haven assets like those with strong FA and cryptocurrencies offer protection. Investors must prioritize asset protection, diversification, and balanced portfolios to weather market fluctuations.
  • Turning off the news and just focusing on what's going on at home was a massive improvement to my mental health.
  • @BrewerVera
    More money are lost making some mistakes in market crash like: rushing to buy stocks, having a get rich quick mindset, micromanaging your portfolio.
  • @RusuSilva
    So what are really the best strategies to make our portfolio recession proof. my wife is already panicking, so many questions! will the rate cut next month lead to inflation? I'm very worried about my $1million stock portfolio losing value. It lost 20 % today alone
  • @LivaHolst
    The continuously changing economic conditions in our society have made it necessary for people to find additional sources of income, thus I am looking at the stock market to fuel my retirement goal of $3m, my only concern is the recent market crash.
  • @Willycheng590
    Telling people not to invest during a market correction says a lot about you, Dave! There's no better time! You're only as good as the decisions you make today with the money you have. This time last year I considered investing without much knowledge and decided to have a consultation with a fiduciary, and it was incredibly insightful. One year and a couple of months in, and I'm almost debt free. I truly cannot stress enough how helpful experts in this field are!
  • @NoemiaBianca
    Fantastic video! I have incurred so much losses trading on my own.... I trade well on demo but I think the real market is manipulated.... Can anyone help me out or at least tell me what I'm doing wrong??
  • @tinytony6766
    I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Lee Davis
  • I wish Dave would sometimes let the callers talk..... The callee tried to interrupt a couple different times and Dave just kept talking over him
  • @masterlee4370
    True Story: First quarter of 2020 I lost $57k. I let it ride and did not panic. Second quarter I made $90k so for the 6 months I made $33k. Let it Ride my man!
  • I’m no expert but I’ve watched mine over past 18 years of listening to Dave. What I’ve noticed is mine has dropped at times and I might could have sold to lock in a gain but then when it comes back, it roars back quickly and I would have missed the up elevator and lost out of significant gains. For me, the hard part would be figuring out when to buy back in. Mine is all dollar cost averaged. If I had a big chunk to invest right now, I might think dribble it into market but Dave just said he would put it all in. All I can say is that I’ve listened to Dave a long time and his advice has secured my retirement and helped me weather several depressing downturns only to see upswings vastly improve my situation. I get mad listening to the internet bashing the US and our economy when the good ole USA has been nothing but good to me and if I had had Dave’s advice 30 years ago I’d be sitting on a beach while owning a house 50 yards away. When immigrants are lined up wanting to get into China, I’ll start worrying.
  • @cj90014
    Just a note, last week Warren Buffett(Berkshire Hathaway) sold $75 billion worth of Apple stock. They are now sitting on over $290 billion in cash. Maybe we ponder what Buffett is thinking? Ramsay is a budgeting guy, not the source for investment advice.
  • @cur244
    It's best not to obsess with the news like 99% of Americans do. It's all about fear.
  • The market goes up and down, just don't panic and leave it in.
  • Housing crisis, health crisis, cost of living crisis, debt crisis, inflation crisis, middle East crisis. How many crises can a koala bear? I'm approaching retirement with comfortable millions, yet scared of a market crisis and how to benefit from a possible correction. Where do I best grow my money?
  • @AAS1-kp9cs
    Market correction happening just as this was posted 😂
  • @EleanorZeus1
    So true! Wealth has no shortcuts, here are ways to acquire it..🔥
  • @johnny83746
    This is why I love Dave. He’s levelheaded, not fear mongering like the rest of the media
  • @EdwardBevan
    I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Michelle Stewart.
  • @kentloar2175
    Can't believe this video came out (almost to the second) when the market opened 3-5% down. LOL