A healthy portfolio needs three essentials: ETFs for diversification, cash-flow assets like dividend stocks, and leading tech stocks such as NVDA, GOOGL, and AMD. While I can't provide personalized advice, consulting a reliable advisor is crucial for proper investment planning.

Opting for a financial advisor is currently the optimal approach for navigating the stock market, particularly for those nearing retirement. I've been consulting with one for a while, and my portfolio has grown by 85% since Q4 2022.

How do I reach out to a financial advisor, my portfolio has been struggling since 2022 and I’ve been holding on by the skin of my teeth.

She goes by "Jill Marie Carroll" I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.

Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.

Just try to diversify your portfolio to other market sectors, that way your investment is balanced and you don’t get to make so much losses.

My job doesn’t permit me the time to properly analyze my holdings/evaluate stocks myself, so I’ve had a fiduciary actively restructuring my portfolio for the past 7 years now to match the present market condition and that’s how I’ve been able to stay afloat, knowing when to buy and sell…maybe you should do the same.

I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.

That's why I like short term speculative operations in financial markets. I can get 2% per month without great drawdowns.

I'd rather eat bugs than the majority of overprocessed garbage in modern supermarkets.

He's pushing 401k plans because he knows if we switch from Social Security to 401k, that means companies like his will get trillions more cash to play with and his company can make tons of money from "management fees."

Proverbs 18:11…..Matthew 16:26..

Larry Fink: We need people to invest more in their retirement plans run by Blackrock for ESG purposes. And we need more private funding of infrastructure run by Blackrock for ESG purposes. GIVE MORE MONEY TO BLACKROCK FOR ESG PURPOSES!!!!!!

Taking the food out of our hands while telling us to eat bugs. Is more like it.

I agree with you, especially for near retiree and does who knows nothing next to finance it is the best thing to do speaking from experience.

@@Aurierserge50 Yes true, I learnt that in 2020, when I lost almost everything. But I switched to using a financial advisor and I've been returning at least $98k every month so I’ve been sticking to investing via an Advisor.

Yes true, I learnt that in 2020, when I lost almost everything. But I switched to using a financial advisor and I've been returning at least $98k every month so I’ve been sticking to investing via an Advisor.

@@Angelavaldess I buy into the idea of using an expert but finding a decent one has been the challenge. Do you have any recommendations?

@@Aurierserge50 I think having an investment advisor is the way to go. I've been with one because I lack the expertise for the market. I made over $490K during the recent dip, highlighting that there's more to the market than we average folks know.

Learn the difference between blackrock and Blackstone.

We have plenty of money to waste throughout the world. We can provide dignity to older Americans. Most of us don't have a job that provide us "purpose". We work to eat. This guy is an absolute prick.

Clap clap. ...bow to this feudal lord

Read Capital Order by Clara Mattei. It explains how these people think. Work harder, get paid less. Austerity save capitalism. It doesn't help people.

Suggest reading, Capital Order by Clara Mattei. She is an economist who dug deep to understand austerity shortly after WW I. She clearly describes the playbook. Austerity and what she calls the "trinity" are designed to maintain capitalisms control over workers. Austerity, itself, is not an effective tool to manage debt as these folks as well as politicians promise. Best

Think about actions you’re taking that might be harming you such as carrying over credit card debt each month.

I agree with the reply above. I also think you should think about steps you can take to start. Start somewhere. Anything is better than being frozen even.

In my opinion, create a budget including income and expenses, do this with a financial advisor.

Make sure you plan with a pro for a successful retirement.

Monica Mary Strigle’ 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.

How can you expect him to live with only billions in wealth,14 vacation houses around the world and then fly to Davos on the same corporate jet he had last year? Show some compassion, man.

It does make my blood boil listening to him rattle on. It's incredibly difficult problem. As a physician I took care of a number of seniors and I feel that this issue bleeds into their health. There were people that needed to work longer just to survive. Then there were those who'd actually were able to save and they enjoyed themselves with their free time. The people I felt most sorry for were those who basically had saved however there children had made some poor decisions. Essentially they were helping raise their grandchildren. The people who were healthiest was the group in the middle, they had savings and weren't stressed with finances or raising their grandchildren. Frankly the world is changing fast it makes no sense for 70+ year old people to be running things as they can't phantom the disruptive forces that are hitting them.

he's supposed to say that. it's his job

His job is theft and depopulation agendas. @@FlopsEgo

He's trying to convince us to stay in the workforce so companies like his can keep wages as low as possible until they can get all the kinks out of A.I. to replace us. He compares us to other countries that save a lot but doesn't mention those countries are socialist with how they approach healthcare and housing. So the people there can afford to save more.

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

I envy you, I’m still trying to recover from losses I incurred in 2021/2022, who is this advis0r you work with, I’m intrigued and I could use some quality guidance

I envy you, I’m still trying to recover from losses I incurred in 2021/2022, who is this advis0r you work with, I’m intrigued and I could use some quality guidance

I envy you, I’m still trying to recover from losses I incurred in 2021/2022, who is this advis0r you work with, I’m intrigued and I could use some quality guidance

I envy you, I’m still trying to recover from losses I incurred in 2021/2022, who is this investment adviser you work with, I’m intrigued and I could use some quality guidance

I beat you.

It's a shame that home ownership is a higher priority than supporting oneself.

Unfortunately, the older generations have priced you out with their NIMBY zoning and other policies.

Speak for yourself. I'm 32 years old and know for a fact I will retire a mutimillionaire approaching $10 million between 62-65 years old.

And if the economy continues in it's current trajectory 10 million will be jack shit in 30 years. @@thedude5040

Didn't he buy up all the housing in the US and that is why it's broken

It's amazing that the reason why you feel poor is because of how uneducated you are. The problem is you are so uneducated you cannot comprehend your own ignorance. Good luck in life.

@@Hoser584No..he doesn't even have the money to buy up that much if he bought everything in the minnesota twin cities metro area, hedgefunds and billionaires and banks are investing in farmland for that explosive demographic growth and decrease in labor lmfao...larry has a 3 trillion invested into americans housing market...who the hell gave him that much money? community reinvestment act slippery willy put on steroids, deregulated the financial industry by repeal of glass stegal, sold out americas manufacturing to china via pntr with china, then left bankruptcy reform law on bush's desk..and the timer on that bubble collapse was magnificent, now we have the obamacare bubble, the boomers who are 50+% of the population retiring, and the pension crisis because all those companies that went out of business due to china trade dumping dumped their entire pensions onto we the tax payers, and we the tax payers are still paying for the FDIC, not to mention should THAT happen again we the tax payers are on the hook for the FDIC again... the FDIC should have been removed when the deregulation of the financial system was done, before bankruptcy reform was done....the entire financial industry would have stepped back and assessed their risk before rewriting bankruptcy reform under crack smoker brain dead bush jr. now we have retaliation for a 2nd term alzheimers reagan in office with dementia joe blow the schmo. get buffet on the phone how many trillions does he got? gates too

@@Hoser584 no you're getting blackstone and blackrock confused

@@slick3996 Blackrock own Blackstone.

Rising prices have affected my intention of retiring at 46, working part-time, and building my savings. I'm worried about whether individuals who weathered the 2008 financial crisis found it less challenging than my current situation. The stock market's volatility, coupled with a reduced income, is making me anxious about having enough for retirement.

I completely agree; I am 56 years old, recently retired, and have approximately $1,250,000 in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, having a portfolio-advisor for investing is genius!

g mind sharing details of your advisor pleas? i've started gaining more cash flow with my employment and looking at putting money into stocks towards retirement

'Melissa Rose Francks' covers things like investing, insurance, making sure retirement is well funded, going over tax benefits, ways to have a volatility buffer for investment risk. many things like that. Just take a look at her full name on the internet. She is well known so it shouldn't be hard to find he

Thank you! I entered her full name into my browser, and her website came out on top. I filled her form and i hope she gets back to me soon.

If only the greedy capitalist paid more maybe you would have more come retirement. Keep voting R and it'll be even less.

The statistics agree. We'll just just end up with people in their 60s in poverty.

How are you having trouble finding work? Everywhere is hiring. Or is it an age thing? Genuinely asking.

@@jfdb59 age discrimination. I was stuck in a dead end toxic job in my 50s, applied to many jobs for which I was qualified. Many companies ghosted me, didn't even respond to let me know they received my resume'. Several said they hired from within. Others actually asked me why was I applying for the position as I was approaching retirement age. It was very disheartening.

@@jfdb59Not according to anyone I've talked to. Finding jobs right now is very hard, especially in the SF Bay Area. But yes, I believe it is an age thing as well. I know many in my age range who were laid off and can't find work. I just read an article today about older people (45-64) not being able to find work for years after being laid off-one guy sent in over 1000 resumes/applications. I still have hope and a lot of skills.

Fink only has to lift a pen, he has no idea of how manual work ages the body.

He's bullish on capitalism, while he forces corporations into ESG programs. POS

look at warren buffett, he is running a major conglomerate well into his 90s. im sure you also can be on the road driving your truck into your 80s atleast, lol

I don't want 70 year olds on the road driving trucks. My grandpa fell asleep at the dinner table at age 68.

@@realgood537 buffett grew up the son of a wealthy family. easy to keep going when born with a silver spoon

That's extremely antisemitic. Do better.

@Valdemoro. Not even close. Are you stupid?

@@valdomero738 lmao🤣🤣

Finkleberg?@@valdomero738

@@valdomero738 I have no clue what that means can you explain the comment, also is there an equivalent term for Christians and Muslims? who are all Abrahamic bothers and sisters.

You missed the part where BlackRock et al want to turn Ukraine into a greater Israel and his ilk believe the useless eaters need to die off in huge numbers due to overpopulation.

sir, biggest joke is blackrock handles your pension money (401k) ? ofcourse nobody should retire so they can keep playing around with those moneys. tsars and kings of our time.

BLACKROCK = DEEPSTATE MAKING US POORER FOR THEM TO BE RICHER.

@@CobraPR893 This is way beyond any State or Deep State buddy...These Multi-National power brokers are larger and more influencial than MOST Nation states. It's just Math; No conspiracy required.

That's exactly what I heard, and 'people [not him, other people] will really be happier working into later and later old age.' This is a big problem, as you age you get MUCH less productive for a number of reasons, so just working another decade or more isn't going to work because you become so inefficient that you can't justify anything above minimum wage, if you can hold work at all.

That is their goal for sure. And guess who gets your monthly payments on everything you don’t own? Blackrock is kind of evil.

This CEO is not to be listened to Right now there are people who work and can't get out of poverty. Most people cannot afford all these great medical breakthroughs. He is a pompous fool who does not know anything about working for a real person living a real life. Why should we need to work the last years of our life. Social security is not broke we just need all people to pay into the system for the full year on all of their earnings He is a believer in the foundation of slavery and personally disgusts me

I own these nuts

@@truthsayer9534 Yes..."You will own nothing, and rent everything (and slave away until your death)", Kind of evil?? Me thinks as evil as they get.

🤣

If you didn't plan your business youll be there

Oh yeah, my favorite was Peter Schiff talking about how owning real estate wasn't a good place to put your money (speaking to the masses). For the VAST majority of people paying of their house is the first step they'll make toward any independence. It's that they're wildly out of touch. When you have 4 houses (or are pretending you do) just buying one more house isn't a great use of money. If you own ZERO houses paying off your house is definitely arguably the smartest thing you can do, or at least should be a heavy focus financially. I don't think these guys know how out of touch they are or how ridiculous they sound to the average person, or how horrifically idiotic some of their advice is from this side of the income spectrum. Schiff was just shilling though, he was selling a dream, probably has been for a while

*He's not Woodrow Wilson*

oh I think I did

MAID

This is the comment I was looking for.

🤣🤣🤣🤣🤣

It only takes $200/month to be a millionaire by the time you retire, but you have to start early. That’s an AVERAGE, of course. As you get older you’ll likely be able to afford more per month.

Blame capital owners not government. Government is a machine/tool, the issue is that under our economic system it’s controlled by people like him. If working people were in control of the government, none of this would be happening.

@@truthsayer9534well, that shows you how dire the situation is. People don’t have $200 to spare every month. Also, it doesn’t work that way under macroeconomics. If stats came out that people were saving an additional $200 per month, landlords could increase prices, grocery stores would price gouge and inflation would skyrocket to correct such an aberration. Sound familiar? People like Fink control the valuation of the dollar, and wealth redistribution. They’d never allow the U.S. population to be economically independent, it would mean people wouldn’t have to put up with poor working conditions and pay-they’d be able to go on strike, and have more democratic control over society. They need the population to be desperate in order to maintain existing power dynamics.

@@xx133 $200/month is obviously an AVERAGE. When you’re young it’s lower, then you start making more money and it’s more than $200/month. The government already takes 6.2% of your check for social security. If they invested that in a market index fund instead of the measly

@@xx133 I don’t buy that people can’t find $200/month in their budget of cigarettes, Starbucks, iPhones and ten different streaming services. That’s about $6.67 per day. I don’t buy it. You have to want it or you’ll always be poor.

He's the guy that invests in Apple which pushes us to buy a new Iphone every 2 yrs. The rich are 2 faced as they need us to spend yet they want us to save. Well, which is it. If we don't spend the rich cut our jobs and find an engineer who can do the work without us. Its a catch-22.

yep, and realistically, by around 75 most people are too worn out even for very light work. Age is NOT just a number!

65? You must be a peasant! Many government workers are retired around age 40! Bullying the public to steal fine money, shooting their dogs, and beating them where is you out you know! By the way, will need to increase your taxes again to pay for their relaxation....

Well, to be fair, think about how much better social security would look had it been privatized and every dollar of it been invested in the S&P 500 or a government employee pension fund since the day you started working. 20-50 years of gains and compounding interest. Millions of dollars. A Much better picture than what it looks like today....add 401k + match or Roth IRA funds to the same pot and everyone would be able to retire. The government ruined it for us and stole it.

Wise up. Even those you claim who just sit are often the first to go around age 50.

You can small buy bitcoin now too. Do the 2% rule. If you make 100 a month, put in 2$. Anyone can start.

Just $200/month is all you need o be a millionaire if you start young. I’m going to retire early. It’s just math.

I saw him at Home Depot the other day buying a new flapper for his crapper, some 2x4's and bags of concrete mix.

He want us to work even longer...when he has enuff dough to retire like right now😅 France protest raising the retirement age 😢

@@plantsplantz2116 *Well, WE already DID that in the 1980's, and the reality, is that's the only way to pay for it!* *Average age of death was 60 years old in 1940* *But full retirement age was 65 THEN!* You would either need to double or triple the taxes paid for it, or raise the retirement age* *Math and Accounting are zero sum games*

Best sarcasm yet

@@fredschnerbert1238 "the years of man 70, and if for reasons of strength, 80." So no, retired workers died about the same age (75) as today, since forever, you corporate toady

Biggest thief is still the government but good take.

Whose money has he stolen lol

​@@Brayness The Billions that went to Ukraine for instance. Northrop, Lockheed, General Dynamics, Boeing, Raytheon.

The US government and the FED print money and tax you bud. Not BlackRock. You’re poor because you have a victim mentality not because of BlackRock

FLF

H is literally Evil.

Plus the gov can just take away your property rights as demonstrated during their manufactured plandemic and decided that tenants no longer were required to pay rent and the land lords couldn't evict them when they didn't pay. Who cares if the land lords can't pay their mortgage.

Imagine if everybody did the opposite to what people like Fink want us to do. Their system would crash in front of their eyes.

Exactly. He has no moral high ground

Market efficiency. Go to school

*"Cash is Trash" during inflationary periods* *1980's speak* *Greed is Good* *Greedy investors force capital to items in demand*

You should be introduced to the school of knuckles.

Because Fink is Evil.

No, everyone has access to either a 401k, IRA or a Roth IRA. Why should taxpayers or corporations fund your retirement? I’ve NEVER relied on anyone else to fund my retirement. ESPECIALLY the government.

@@truthsayer9534because we live in a society, worked hard for decades and made said corporations massive profits. We all pay into social security, and we all can collect, by the way. It keeps 2/3rds of the elderly out of poverty-not to mention the disabled and infirmed. It would actually cost society more to not have social security. Also, good luck recovering from economic crashes if a large part of the population isn’t able to pay their rent because it’s tied up in the stock market. It’s for that reason that 401ks have been a failure. The people that need them the most can’t get them, or don’t make enough money to fund their retirement accounts because corporations don’t want to pay them for the work they do. Therefore, at very least, a corporation is required to pay into social security. The issue is, capital owners have redistributed wealth (tens of trillions) to themselves by methodically undoing laws which were enacted following the Great Depression. Also, there’s a tax cap on social security. So it’s wealth redistribution to the wealthiest that is to blame for social security not being adequately funded. People like Fink want to privatize social security, because that means they’d have access to trillions of dollars of your retirement funds to buy stocks in their corporations. Eliminating social security also means that you’re completely at the mercy of corporations-for life. I recommend watching what life was like during the great depression in order to understand why your great grandparents fought for it tooth and nail, and why every industrialized nation on the planet copied said model.

@@truthsayer9534​​⁠because we live in a society, worked hard for decades and made said corporations massive profits. We all pay into social security, and we all can collect, by the way. It keeps 2/3rds of the elderly out of poverty-not to mention the disabled and infirmed. It would actually cost society more to not have social security. Also, good luck recovering from economic crashes if a large part of the population isn’t able to pay their rent because it’s tied up in the stock market. It’s for that reason that 401ks have been a failure. The people that need them the most can’t get them, or don’t make enough money to fund their retirement accounts because corporations don’t want to pay them for the work they do. Therefore, at very least, a corporation is required to pay into social security. The issue is, capital owners have redistributed wealth (tens of trillions) to themselves by methodically undoing laws which were enacted following the Great Depression. Also, there’s a tax cap on social security. So it’s wealth redistribution to the wealthiest that is to blame for social security not being adequately funded. People like Fink want to privatize social security, because that means they’d have access to trillions of dollars of your retirement funds to buy stocks in their corporations. Eliminating social security also means that you’re completely at the mercy of corporations-for life. I recommend watching what life was like during the great depression in order to understand why a strong labor movement demanded it in the 30s, and why every industrialized nation on the planet copied said model.

@@truthsayer9534test

There is no Social Security trust fund. It has already been spent, and there are not enough people paying in right now to pay you your benefits.

It absolutely is a retirement crises. Yikes.

That’s one of the only true things Fink has ever said.

Not true, plenty of government workers work very hard. You’re referring to the politicians that people like Fink put into power.

@@xx133 give us one example of of a government worker who works hard

@@kevr900 Postal Service workers.

These clowns are working on the problem now because if things continue, the only people with the money to fix the problem is them. This is pretty much a now issue.

*Depends, after finally getting a job my degree was for, started making 60K in 2000.* *Employer paid a 5% match, so I had10% "pre tax" salary go to their 401K* *SO sending $600 a month(PLUS $300 from employer) to retirement, AND my TAKE HOME pay barely changed!* *I was single with no dependents and no house* *Lowers your tax bracket, and the amount taxed*

this💯

as most investing-related questions, the answer is, it depends.. my best suggestion is to consider advisory management

Agreed, the role of advisors can only be overlooked, but not denied. I remember in early 2020, during covid-outbreak, my portfolio worth around 300k took a slight fall, apparently due to the pandemic crash, at once I consulted an advisor in order to avoid panic-selling. As of today, my account has yielded big fat yields, and leverages on 7-figure, only cos I delegate my excesses right.

Mind if I ask you to recommend this particular coach you using their service?

Monica Shawn Marti is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.

*That or the climate diet of meal worms, crickets and lab grown meat*

Very dumb analysis Deepak

It has to go back into the Ponzi scheme deepak, so CEOs and stakeholders can continue cashing out their $100M yearly cash-outs and stimulate the economy and help companies to grow, allegedly. China has the highest savings rate which hinders their economy cause they don't recirculate it as much.

Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions. Alternatively speaking to a certified market strategist can help with strategies to hedge losses

Agreed, my portfolio is well-matched for every market season yielding 85% from early last year to date. I and my advisr are working on a 7 figure ballpark goal, tho this could take another year. IMO, financial advisors are the most sought-after professionals after doctors.

Your CFP must be really good, I hope it's okay to inquire if you're still collaborating with the same CFP and how I can get in touch with them?

She goes by ‘’NICOLE DESIREE SIMON’ I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.

Exactly!!! That’s what they do in New Zealand and Australia.

@@Quantitative_Teasing where do they invest the superannuation fund? Because Australia stock market have massively lagged the US market.

The fearmongers won't allow it. They've got that money rolling in and they use sunny projections to play up what the benefit is worth, and then scare tactics that any other alternative is so inherently unsafe that you'd be a fool to trust it. Buffet trusts it. EVERY remotely rich person I know trusts it. But not for us, we're the peasants who can't be given any choice. They should offer an opt out and put that Soc sec money into an IRA, 401k rollover, or something as an option. The little people are adult enough to be slammed in jail when we're bad, we're also adult enough to make our own decisions about what works for our future. But that all misses the point, it's a honeypot for government spending; that's why social security cannot be allowed to go away.

@@Stoneface_ my point was even if you saved that in cash deposits it would serve you better than it being in social security where it gets socialized in a pool of funds and they decide how much you get once you hit a certain age.

@@Quantitative_Teasing Who will pay for poor retirees, (who get 90% of their AIME)? A portion of middle-income retirees benefits currently do.

*You can either inflate your way out of debt, OR Grow your way out* *But the GDP growth has to be 5+% plus* *The FED will get nervous and Raise rates to stifle the growth to AVOID inflation* *EVERY TIME* *They were at 0% for six years under Obama, but growth was still only 2% or lower* *After the 2017 tax cut, I don't think POWELL even WAITED to see any inflation, before he started jack the FED rate* *2021, he was asleep at the Wheel*

And the depositors are "unsecured creditors"

Exactly. Progressive taxes for progressive longevity.

Heck, NO!!!

It's going to zero 😂😂

He should be a Walmart greater

Breaking rocks in a prison

I hope they will figure out how to make Bitcoin a never ending dca through taxes retirement machine

​@crystalseth97 you can buy the ETFs

@@Stoneface_ potential stock market crash worries me too much to simply throw my savings there:(

@@crystalseth97 if you’re young corrections are irrelevant

@@crystalseth97 if you've like 20 years from retirement, you shouldn't worry about market crash, You can always average down by buying the dip.

They'll never admit it either

@@supadave422 the worst generation period.

We will enjoy life for you. You're welcome!

@@Dinngg0 we will come take it all from you and you really won’t have much of a choice 😂 Trump 2024.

Nope. Just your mom and your many step-dads.

Bitcoin is not just a hope but the only way to solve the problem of inflation in the future.

Bitcoin is a joke

@@jwbjpb1338 You won't understand what Bitcoin is. When it was $10000 then people were thinking it was a joke and today it is $70000 and in future it will be $100000 also.. keep thinking it is a joke..

@@jwbjpb1338 You won't understand what Bitcoin is. When it was $10000 then people were thinking it was a joke and today it is $70000 and in future it will be $100000 also.. keep thinking it is a joke..

It's going to zero