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The Stock Market's Record Breaking Quarter: What To Do if You Missed Out · Earn Your Leisure

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  Speaker 2: So what advice would you get to anyone who missed
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  Speaker 2: out on this record breaking quarter that we just finished.
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  Speaker 3: Number one, I think you need to remember that the market,
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  Speaker 3: especially the S and P five hundred, is permanently rid
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  Speaker 3: to stay up. People always ask me is their market
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  Speaker 3: manipulation going on? And I say yes every single day,
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  Speaker 3: especially when it comes to SMPN N as that because it's
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  Speaker 3: the main two index that we're putting money into.
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  Speaker 2: Number two. Decide how much money you're going to put in.
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  Speaker 3: Every month, whether that's to fifty five hundred one thousand,
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  Speaker 3: two thousand or more per month, and then thirdly block
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  Speaker 3: out a lot of the negative news around crashes the
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  Speaker 3: market falling apart. Like if the market does crash, great,
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  Speaker 3: it's a better buying opportunity. But I think sometimes here
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  Speaker 3: like robber Kiyassak and people that are like dooming gloomers,
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  Speaker 3: it will cost people not to dollar cost average in
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  Speaker 3: every month, and then you look up the quarter ends
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  Speaker 3: and then you're like, we had a record month, but
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  Speaker 3: not enough shares were bought.
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  Speaker 2: If you look we started at four to sixty six.
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  Speaker 3: And now we're at fifty three oh four on a
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  Speaker 3: S and P few, You're like, that's incredible growth for
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  Speaker 3: the S and P five hundreds. So make sure to
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  Speaker 3: buy every month, no matter what anyone else is saying,
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  Speaker 3: because if nothing else, the S and P is not
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  Speaker 3: gonna crash.
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  Speaker 2: And then so you're going to see it all over
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  Speaker 2: the news. It'll be on Steven A.
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  Speaker 3: Smith, Pat mcabee, ABC, Oprah, gonna talk about like special news.
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  Speaker 3: You'll see it everywhere. But I think one of the
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  Speaker 3: things that we forget is that they'll tell us to
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  Speaker 3: buy everything else on sale, but assets to really matter
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  Speaker 3: so it can continue to buy every single month.
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  Speaker 2: Amazing quarter.
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  Speaker 3: For those of you who've been traded it and holding
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  Speaker 3: the long term, congrats, But we've had a record run up.
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  Speaker 3: I mean even if if you go back to twenty
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  Speaker 3: back to October, I mean, there's a thirty six oh
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  Speaker 3: four in October of twenty two.
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  Speaker 2: Now we're fifty three oh four for an index fund
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  Speaker 2: hope for the long term.
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  Speaker 1: Yeah, I'm gonna add more color to this because this
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  Speaker 1: is interesting if we want to like peel back a
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  Speaker 1: little bit. There have been seven times in the past
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  Speaker 1: since nineteen seventy five that the S and P has
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  Speaker 1: gone on a five month win streak. So we just
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  Speaker 1: ended March the first quarter obviously, but this has happened
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  Speaker 1: seven times where it's going on a five month win
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  Speaker 1: streak over twenty five percent, right, so it's increased by
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  Speaker 1: twenty five percent. First time was in seventy five. What
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  Speaker 1: happened twice in seventy five, happened in eighty two, happened
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  Speaker 1: in eighty six, what happened in January of ninety nine,
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  Speaker 1: August of two thousand and nine, April of twenty twenty,
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  Speaker 1: and now March of twenty twenty four. It ended at
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  Speaker 1: twenty four point six, So I guess we can count
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  Speaker 1: that a seven. Now, in those seven times that that
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  Speaker 1: has happened, I know people are saying missed out. I'll
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  Speaker 1: use different language. I'll say that they didn't participate in
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  Speaker 1: this first quarter and the seven times that it has
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  Speaker 1: done that, that five month win streak, and it has
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  Speaker 1: appreciated over twenty five percent in the six months following.
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  Speaker 1: It's only gone down once, and so a lot of
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  Speaker 1: people are, hey, it's going to pull back. Is just
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  Speaker 1: time to get It's only one time and it was
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  Speaker 1: like byzero point one percent. That was in nineteen eighty six.
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  Speaker 1: Obviously we know what happened in nineteen eighty seven. So historically,
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  Speaker 1: when we see a win streak like this and we
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  Speaker 1: look at the momentum, and I'm glad we had JC
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  Speaker 1: on to talk about the charge. Yeah, follow momentum, follow
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  Speaker 1: the trend, block out the noise, block out the news, right,
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  Speaker 1: because's now that we've hit. When we hit four months,
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  Speaker 1: it was like, all right, well there's a pullback coming.
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  Speaker 1: It can't happen five. Now we're at five and it's
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  Speaker 1: like eyes five, it can't be six. Will it be
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  Speaker 1: a pullback at some point. Sure, sure, sure, but the
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  Speaker 1: fact if you didn't participate in the first three months
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  Speaker 1: doesn't mean you should not participate in the second and
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  Speaker 1: definitely by the end of the year. Historically, from what
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  Speaker 1: the market has done six almost one hundred percent of
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  Speaker 1: the time, if it's going up twenty five percent in
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  Speaker 1: five month streak by the end of the year and
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  Speaker 1: it's also gone.
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  Speaker 3: Up absolutely Also, you can look at the inflows, which
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  Speaker 3: means how much money hedge funds are putting into the
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  Speaker 3: S and P five hundred. When they get to record
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  Speaker 3: low outflows, that's a good time to buys for the sugget.
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  Speaker 3: You can write down and buy when the outflows are
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  Speaker 3: at record lows. But I mean this has been on
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  Speaker 3: a tear for my traders. You can look at the
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  Speaker 3: day chart, or if you aren't finding a good entry,
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  Speaker 3: you can look at the hourly chart to place a
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  Speaker 3: long term investment. So if the market drops tremendously on
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  Speaker 3: a one hour chart, you can then get in and
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  Speaker 3: then buy it for a long term. But I think
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  Speaker 3: it's a huge mistake to think that the S and
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  Speaker 3: P five hundred is going to fall apart, and even
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  Speaker 3: when it has fallen twenty twenty five percent. The returns
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  Speaker 3: over the next four or five years have been absolutely tremendous,
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  Speaker 3: even since.
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  Speaker 2: We started the show.
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  Speaker 3: Like if we look where we were at in twenty twenty,
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  Speaker 3: it was a spy was at two twenty.
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  Speaker 2: It's now a five to twenty three for an index. Fine, yeah, yeah, And.
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  Speaker 1: Just by sector, I'll read off the year of the date, right,
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  Speaker 1: communication services it leads aways up fifteen percent, Technologies up
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  Speaker 1: twelve percent, Energy is up eleven percent, Financials up eleven percent,
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  Speaker 1: even with interest rates where they are.
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  Speaker 2: Financials is up eleven percent. Industrials are up ten percent.
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  Speaker 1: But the sector we talk about, and we spoke about
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  Speaker 1: it over the past month maybe two months, and I
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  Speaker 1: know you talk about all the time, and is healthcare,
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  Speaker 1: and that's single bit is that's up eight percent.
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  Speaker 2: Yeah, But there is a sector.
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  Speaker 1: Which I think definitely with interest rates coming down over
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  Speaker 1: the next six to eight months, right the Feds saying
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  Speaker 1: that they're going to bring rights down, real estate. That
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  Speaker 1: sector is off by three percent in the first three
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  Speaker 1: months of this year, the first quarter. So if you're
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  Speaker 1: looking at conditions lower interest rates. We've talked about a
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  Speaker 1: home buying crisis with a home building crisis with Don Peebles.
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  Speaker 1: They're starting to see some indicators that this might be
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  Speaker 1: an area that, hey, if we're not looking at it,
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  Speaker 1: and especially if we looked at all these other sectors,
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  Speaker 1: that there might be some growth ahead.
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  Speaker 3: I would keep it out on real estate. Yeah, agree,
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  Speaker 3: one thousand percent. Hope for the long term. I don't
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  Speaker 3: know how to say it any simpler. If we keep
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  Speaker 3: at this pace, the we should end around we want.
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  Speaker 2: Second, you're about to raise a price target for the
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  Speaker 2: sm B.
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  Speaker 3: Yeah, I gotta go on to five fifty three. I mean,
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  Speaker 3: and listen an election that's coming up. You need every
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  Speaker 3: advantage to be able to win. We'll talk about Trumping
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  Speaker 3: a little bit and his financial thing that he's doing
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  Speaker 3: with the stock.
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  Speaker 2: But you need everything going in your favor.
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  Speaker 3: So if the overall economy is slowing down for the
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  Speaker 3: regular person, you at least need the stock market to
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  Speaker 3: be going up so people can look at their retirement
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  Speaker 3: and have like a semblance of safety.
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  Speaker 2: So you continue to hold for the long term because in.
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  Speaker 3: Four years we may be talking about S and P
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  Speaker 3: being that a thousand, which is crazy.
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