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Advance Placement: SHOULD YOU STILL BUY STOCK IN A BEAR MARKET · Earn Your Leisure

• 0:00
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 0:03
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 0:07
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
• 0:11
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 0:15
  Speaker 1: some of the heinous migrant criminals caught because of President
• 0:19
  Speaker 1: Donald J.
• 0:20
  Speaker 2: Trump's leadership.
• 0:21
  Speaker 1: I'm Christy nom the United States Secretary of Homeland Security.
• 0:25
  Speaker 1: Under President Trump, attempted illegal border crossings are at the
• 0:29
  Speaker 1: lowest levels ever recorded, and over one hundred thousand illegal
• 0:33
  Speaker 1: aliens have been arrested. If you are here illegally, your
• 0:37
  Speaker 1: next you will be fined nearly one thousand dollars a day, imprisoned,
• 0:41
  Speaker 1: and deported.
• 0:42
  Speaker 2: You will never return.
• 0:44
  Speaker 1: But if you register using our CBP home app and
• 0:47
  Speaker 1: leave now, you could be allowed to return legally.
• 0:50
  Speaker 2: Do what's right. Leave now.
• 0:53
  Speaker 1: Under President Trump, America's laws, border and families will be protected.
• 0:57
  Speaker 3: Sponsored by the United States Department of Homeland Security.
• 1:00
  Speaker 4: When is a clear signal that the recession is over
• 1:04
  Speaker 4: and the stock market should see a bull market or
• 1:08
  Speaker 4: stock will turn bull when's the recession going to be
• 1:12
  Speaker 4: when's the signal for the recession that is over, and
• 1:14
  Speaker 4: what's the signal that we're going to see bull market.
• 1:17
  Speaker 5: Yeah, that's a great question.
• 1:19
  Speaker 6: Number One, when the Federal Reserve stops hiking rates. So
• 1:23
  Speaker 6: even if they pause, that's not a good enough reason.
• 1:26
  Speaker 6: They have to stop raising rates. Number two, whenever that
• 1:29
  Speaker 6: yield curve stops inverting. So everyone, I want everyone to
• 1:33
  Speaker 6: put in chat in real time to do the homework.
• 1:35
  Speaker 6: What is the most important yield curve in the bond
• 1:38
  Speaker 6: market to measure if we have a recession?
• 1:41
  Speaker 5: Because I want to make this more interactive this year.
• 1:45
  Speaker 6: And if you pair two of them together, that's why
• 1:47
  Speaker 6: I say, if you trade stop some bonds together, I
• 1:50
  Speaker 6: talked about it on episode seventy, you will know exactly
• 1:53
  Speaker 6: where the market is going. The funny part is now,
• 1:55
  Speaker 6: when the yeld curve inverted this time, the bond market
• 1:58
  Speaker 6: fell apart with it at the same time, which normally
• 2:00
  Speaker 6: does not happen, Which leads me to the lessons that
• 2:02
  Speaker 6: you have to always do on research and do in
• 2:05
  Speaker 6: any conventional wisdom does not work when there's a black
• 2:09
  Speaker 6: swan of it, So you have to be prepared. Like
• 2:13
  Speaker 6: even indexes, if all indexes fail at one time and
• 2:16
  Speaker 6: the entire by market Feil and texted, what what you
• 2:19
  Speaker 6: do you have to.
• 2:20
  Speaker 5: Prepare for the worst case scenario?
• 2:22
  Speaker 6: For me, I was short all three and I would
• 2:24
  Speaker 6: never open up my TV and meriitrate and look at
• 2:26
  Speaker 6: my long term until the carnage was over right, But
• 2:30
  Speaker 6: your curve inverting interest rates, and then once again, I'm
• 2:35
  Speaker 6: keeping my eyes peeled to see when China will boom.
• 2:38
  Speaker 6: I know they're reclassifying some of the COVID deaths to
• 2:41
  Speaker 6: kind of play with the numbers. But if I see
• 2:44
  Speaker 6: like k Webb and Ali Baba start to go up
• 2:46
  Speaker 6: and we have a monster's run for like a quarter
• 2:48
  Speaker 6: or two and I don't know that the recession is over,
• 2:52
  Speaker 6: maybe we will have a short lived recession because there's
• 2:55
  Speaker 6: some politics behind the scenes that are stopping them from announcement.
• 3:00
  Speaker 6: Maybe it will be short lived. But the FED has
• 3:03
  Speaker 6: to stop raising interest rates and that yeal curve has
• 3:06
  Speaker 6: to stop inverting, and then we'll be clear.
• 3:09
  Speaker 7: We spoke and if you're not familiar with the language
• 3:12
  Speaker 7: of inverted yeal curves and bond markets. When we sat
• 3:15
  Speaker 7: down with Steve Lisman maybe two or three months ago,
• 3:18
  Speaker 7: I mean he gave absolute masterclass exactly how that works.
• 3:24
  Speaker 7: But when we spoke to one of the things he
• 3:26
  Speaker 7: said about when they were going to stop raising rates,
• 3:27
  Speaker 7: and everybody had estimated that March would be the time
• 3:32
  Speaker 7: and it'll probably get up to about four point nine percent,
• 3:35
  Speaker 7: And now I think they've changed that maybe at maybe
• 3:37
  Speaker 7: five point two five and a quarter percent. So we'll
• 3:41
  Speaker 7: see within this first quarter if that is true, and
• 3:44
  Speaker 7: indeed we will see uh into the raising of the rates.
• 3:47
  Speaker 4: So all right, So should people be buying stocks right now? Yes,
• 3:54
  Speaker 4: they should be buying stocks to tech two first, buying
• 3:58
  Speaker 4: that funds for those who do. And I've said it before,
• 4:01
  Speaker 4: Indexes are an all star team. They put the best
• 4:04
  Speaker 4: companies on the planet inside of one basket set and
• 4:08
  Speaker 4: forget it.
• 4:08
  Speaker 5: What I don't want us to.
• 4:09
  Speaker 6: Do this year is over analyzed and not take enough action,
• 4:15
  Speaker 6: because if the net worth isn't increasing year over year,
• 4:17
  Speaker 6: the share count isn't increasing year over year, all the information.
• 4:20
  Speaker 5: In the war does not mean anything.
• 4:24
  Speaker 6: Now we are back to bullyball in the market. Like
• 4:28
  Speaker 6: how it was nineteen ninety four, ninety five, ninety six,
• 4:32
  Speaker 6: ninety nine, one five seven O eight, twenty thirteen to
• 4:37
  Speaker 6: twenty fourteen, the companies that are really great are amazing,
• 4:41
  Speaker 6: and the ones that are in the middle of the
• 4:43
  Speaker 6: road or just floundering around are getting destroyed. You can
• 4:47
  Speaker 6: only invest in quality, and we see inflation. And for
• 4:50
  Speaker 6: the favorite book on investing money, Master the Game, please
• 4:53
  Speaker 6: go read it. I know it's stick, but man, it's
• 4:56
  Speaker 6: tons of gyms in there. During every ten or fifteen
• 4:59
  Speaker 6: year period, you to have an increase in inflation. You
• 5:02
  Speaker 6: cannot outrun inflation, even from our entrepreneurs. Yes, you can
• 5:06
  Speaker 6: make a lot of money for a five or ten
• 5:07
  Speaker 6: year period, but at some point you're going to have
• 5:09
  Speaker 6: to learn how to replicate yourself. And one of the
• 5:12
  Speaker 6: best things that entrepreneurs can do is to put their
• 5:14
  Speaker 6: capital from their business into companies that are better than them,
• 5:17
  Speaker 6: ran by better management, so you can then not have
• 5:20
  Speaker 6: to hire as many people. And if you don't invest,
• 5:23
  Speaker 6: inflation is going to continue to creep up and kick
• 5:26
  Speaker 6: your ass on.
• 5:26
  Speaker 5: The back end. Earners, what's up?
• 5:30
  Speaker 8: You ever walk into a small business and everything just
• 5:32
  Speaker 8: works like the checkout is fast, the receipts are digital,
• 5:36
  Speaker 8: tipping is a breeze, and you're out the door before
• 5:39
  Speaker 8: the line even builds. Odds are they're using Square. We
• 5:43
  Speaker 8: love supporting businesses that run on Square because it just
• 5:46
  Speaker 8: feels seamless. Whether it's a local coffee shop, a vendor
• 5:49
  Speaker 8: at a pop up market, or even one of our
• 5:51
  Speaker 8: merch partners, Square makes it easy for them to take payments,
• 5:55
  Speaker 8: manage inventory, and run their business with confidence, all from
• 5:59
  Speaker 8: once simple system. If you're a business owner or even
• 6:03
  Speaker 8: just thinking about launching something soon, Square is hands down
• 6:06
  Speaker 8: one of the best tools out there to help you start, run,
• 6:09
  Speaker 8: and grow. It's not just about payments, it's about giving
• 6:13
  Speaker 8: you time back so you can focus on what matters
• 6:16
  Speaker 8: most ready. To see how Square can transform your business,
• 6:19
  Speaker 8: visit Square dot com backslash go backslash eyl to learn
• 6:24
  Speaker 8: more that Square dot com backslash, go backslash eyl. Don't wait,
• 6:29
  Speaker 8: don't hesitate. Let Square handle the back end so you
• 6:32
  Speaker 8: can keep pushing your vision forward. This episode is brought
• 6:38
  Speaker 8: to you by P and C Bank. A lot of
• 6:40
  Speaker 8: people think podcasts about work are boring, and sure, they
• 6:44
  Speaker 8: definitely can be, but understanding a professionals routine shows us
• 6:48
  Speaker 8: how they achieve their success little by little, day after day.
• 6:53
  Speaker 5: It's like banking with P and C Bank.
• 6:55
  Speaker 8: It might seem boring to save, plan and make calculated
• 6:57
  Speaker 8: decisions with your bank.
• 6:59
  Speaker 5: But keeping your money.
• 7:00
  Speaker 8: Boring is what helps you live or more happily fulfilled life.
• 7:04
  Speaker 8: P and C Bank Brilliantly Boring since eighteen sixty five.
• 7:08
  Speaker 8: Brilliantly Boring since eighteen sixty five is a service mark
• 7:12
  Speaker 8: of the PNC Financial Service Group, Inc. P and C
• 7:15
  Speaker 8: Bank National Association Member FDIC.
• 7:19
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 7:23
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 7:27
  Speaker 1: accused of murdering a Texas. Man of Venezuelan charged with
• 7:31
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 7:35
  Speaker 1: some of the heinous migrant criminals caught because of President
• 7:39
  Speaker 1: Donald J.
• 7:39
  Speaker 2: Trump's leadership. I'm Christy nom the.
• 7:42
  Speaker 1: United States Secretary of Homeland Security. Under President Trump, attempted
• 7:47
  Speaker 1: illegal border crossings are at the lowest levels ever recorded,
• 7:51
  Speaker 1: and over one hundred thousand illegal aliens have been arrested.
• 7:54
  Speaker 1: If you are here illegally, your next you will be
• 7:58
  Speaker 1: fined nearly one thousand dollars a day, imprisoned, and deported.
• 8:02
  Speaker 2: You will never return.
• 8:03
  Speaker 1: But if you register using our CBP home app and
• 8:06
  Speaker 1: leave now. You could be allowed to return legally. Do
• 8:10
  Speaker 1: what's right. Leave now. Under President Trump America's laws, border
• 8:15
  Speaker 1: and families will.
• 8:16
  Speaker 3: Be protected sponsored by the United States Department of Homeland Security.
• 8:19
  Speaker 6: So if inflation continues to be six seven eight percent
• 8:23
  Speaker 6: and you're going to get ten to twelve percent out
• 8:24
  Speaker 6: of an index fund at the prices in which I'll call,
• 8:28
  Speaker 6: you have to have your money working for you. Please
• 8:30
  Speaker 6: put it in a chat. The job of your money
• 8:33
  Speaker 6: is to have your money working for you, to make
• 8:35
  Speaker 6: you more money.
• 8:35
  Speaker 5: Babies.
• 8:36
  Speaker 4: So people should be currently investing, even though the stock
• 8:39
  Speaker 4: market is probably going to go down.
• 8:41
  Speaker 6: It's just invest time to buy. Everyone wants to buy
• 8:43
  Speaker 6: it at the top, and that's the wrong time to buy.
• 8:46
  Speaker 4: Invest in invest in index funds for a long term.
• 8:51
  Speaker 4: Should they be investing in ETFs if they're quality, If
• 8:56
  Speaker 4: they're quality, I'm Vanguard biased, but.
• 8:59
  Speaker 5: It's QQQ a quality ETF. Yes. But you're gonna have
• 9:03
  Speaker 5: more drawt on with QQQ.
• 9:04
  Speaker 4: Yes, because it's tech heavy, tech heavy. Yes, it's xl
• 9:08
  Speaker 4: Y equality ETF.
• 9:11
  Speaker 6: Yes, But I don't like a lot of the the
• 9:16
  Speaker 6: spiders are. Okay, I like Vanguard just because of how
• 9:18
  Speaker 6: much control they have in the market.
• 9:22
  Speaker 5: Like's if I can ask you, like, what you invest
• 9:24
  Speaker 5: in the let me keep it clean.
• 9:28
  Speaker 6: If you can invest in some of the founding families
• 9:31
  Speaker 6: and founding companies of the United States of America, what
• 9:33
  Speaker 6: you do so everyone who usually says yes, If so,
• 9:36
  Speaker 6: then I would focus on Vanguard. The spiders are good,
• 9:40
  Speaker 6: XL Y solid. But I'm v O O V T
• 9:44
  Speaker 6: I v G T, which is the tech index. That's
• 9:48
  Speaker 6: all you need. Sometimes we make this so complicated it
• 9:51
  Speaker 6: doesn't have to be. And of course, when you're in
• 9:54
  Speaker 6: the middle of the storm, it feels like sunshine is
• 9:57
  Speaker 6: never going to come when it's raining on you like crazy.
• 10:00
  Speaker 6: But for those of us that have been through two
• 10:02
  Speaker 6: thousand and seven and eight, and if you missed any
• 10:06
  Speaker 6: other crashes before, then two years later you're always like, damn,
• 10:09
  Speaker 6: I should have put everything into the market. It's scary
• 10:11
  Speaker 6: while it's happening, but yes, you should invest in the
• 10:14
  Speaker 6: long term minimum minimum five year old.
• 10:16
  Speaker 4: And even when you when you're down, put more money,
• 10:22
  Speaker 4: dollar costs down, dollar costs down. If you're down twenty
• 10:26
  Speaker 4: percent on your portfolio on the S and P five hundred,
• 10:31
  Speaker 4: put more in and then you will be down maybe
• 10:35
  Speaker 4: ten percent, fifteen percent, with the whole idea is to
• 10:38
  Speaker 4: hold it for a long period of time.
• 10:40
  Speaker 5: Thirty years ideally. And then also too, if you're bond
• 10:43
  Speaker 5: at the right prices, you shouldn't be down that much.
• 10:47
  Speaker 6: There can be some bleeding, but if you're waiting for
• 10:49
  Speaker 6: the right prices, especially like these decade level kind of
• 10:52
  Speaker 6: loads that we've had, you shouldn't been down forty fifty
• 10:57
  Speaker 6: twenty five percent. But nonetheless, the number of shares plus
• 11:02
  Speaker 6: the length of time invested, it's going to give you
• 11:05
  Speaker 6: a lot more freedom. And I know it's scary, and
• 11:08
  Speaker 6: I know some days you don't want to look at
• 11:09
  Speaker 6: your portfolio, but this is the one thing I want
• 11:13
  Speaker 6: to tell every entrepreneur and everyone that wants to be rich.
• 11:16
  Speaker 6: The person that sticks to the plan the longest usually
• 11:18
  Speaker 6: wins the most. Everyone can have a hot you know,
• 11:23
  Speaker 6: year or hot three months. And this is why, I mean,
• 11:26
  Speaker 6: we've ben talked about it behind the scenes that even
• 11:28
  Speaker 6: with the show, like I never laid based on whatever
• 11:31
  Speaker 6: the topic was. I always went based off principle because
• 11:34
  Speaker 6: that was the case. Like last year would have been
• 11:36
  Speaker 6: all about NFTs and crypto in the year before that
• 11:38
  Speaker 6: would have been all options, Like when you go study
• 11:40
  Speaker 6: the entire history of an asset class, private equity is
• 11:44
  Speaker 6: going to get banged up this year pretty bad. But
• 11:48
  Speaker 6: if you invest in private equity and host some quality
• 11:50
  Speaker 6: companies SpaceX like and you go to for a few years,
• 11:56
  Speaker 6: you'll be a Okay. This is a game that goes
• 11:59
  Speaker 6: to those the patient and that can hold for half
• 12:02
  Speaker 6: a decade or a decade or longer.
• 12:04
  Speaker 5: And it's not fun.
• 12:05
  Speaker 6: But when you get freedom and you're able to provide
• 12:09
  Speaker 6: for your family without thinking about it, it is a
• 12:12
  Speaker 6: hell of a feeling. Please everyone put in chat. I'm
• 12:15
  Speaker 6: here for the long term to get rich. We can't
• 12:18
  Speaker 6: talk about generational wealth. And we're scared to hold for
• 12:20
  Speaker 6: four or five years. It's impossible. It is impossible, all right.
• 12:29
  Speaker 4: My graduate from my school being forced back drop drop, Mike,
• 12:35
  Speaker 4: drop back drop.
• 12:47
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 12:51
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 12:55
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
• 12:59
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 13:03
  Speaker 1: some of the heinous migrant criminals caught because of President
• 13:07
  Speaker 1: Donald J.
• 13:07
  Speaker 2: Trump's leadership. I'm Christy Noman, the.
• 13:10
  Speaker 1: United States Secretary of Homeland Security. Under President Trump, attempted
• 13:15
  Speaker 1: illegal border crossings are at the lowest levels ever recorded,
• 13:19
  Speaker 1: and over one hundred thousand illegal aliens have been arrested.
• 13:22
  Speaker 1: If you are here illegally, your next you will be
• 13:26
  Speaker 1: fine nearly one thousand dollars a day, imprisoned and.
• 13:29
  Speaker 2: Deported, you will never return.
• 13:31
  Speaker 1: But if you register using our CBP home app and
• 13:34
  Speaker 1: leave now, you could be allowed to return legally.
• 13:38
  Speaker 2: Do what's right. Leave now.
• 13:40
  Speaker 1: Under President Trump, America's laws, border and families will be protected.
• 13:45
  Speaker 3: Sponsored by the United States Department of Homeland Security,