| Are you worried about the current state of the economy and the potential for a financial crash? You're not alone. Financial expert Bert Dohmen shared his insights and predictions for the future of the economy, and it's not looking good. Dohmen explains that we are currently in a secular cycle, which is the bad part. He warns that the current tightening of credit by banks is the biggest since the Great Depression and that this is a sign of something much worse ahead. So, what can you do to prepare? First, it's essential to have an experienced financial advisor who has been around during the last inflation cycle. Dohmen emphasizes the importance of facts over opinions and encourages listeners to study his Wellington Letter, which offers a detailed analysis of the current economic situation. The hosts also offer a free copy of the letter to listeners. Second, it's crucial to understand the reasons behind the credit crisis and the potential impact on commercial real estate loans. Dohmen predicts that the crisis will continue and advises listeners to pay attention to key indicators such as the federal reserve's actions and the shrinking economy. Third, it's essential to do your research before making any investment decisions. Don't follow investment advice blindly and verify the information before taking action. Timing is everything, and studying historical charts and technical indicators can help you make informed decisions. In conclusion, the episode highlights the need for caution and preparation in the face of potential economic instability. Don't be fooled by short-term boosts in the market, and choose a financial advisor with experience and wisdom. Increase your financial literacy by studying the fundamentals of income, assets, liabilities, and cash flow. And most importantly, be prepared for whatever comes next. Get Your Free Wellington Letter: https://dohmencapital.com/freewlrd ----- Skip the waitlist and invest in blue-chip art for the very first time by signing up for Masterworks: https://www.masterworks.art/richdad Purchase shares in great masterpieces from artists like Pablo Picasso, Banksy, Andy Warhol, and more. “Net returns” refers to the annualized internal rate of return net of all fees and costs, calculated from the offering closing date to the sale date. IRR may not be indicative of Masterworks paintings not yet sold, and past performance is not indicative of future results. See important Reg A disclosures: https://www.Masterworks.com/cd Masterworks’ offerings are filed with the SEC. View all past and current offerings https://www.sec.gov/cgi-bin/browse-edgar?company=masterworks&match=&filenum=&State=&Country=&SIC=&myowner=exclude&action=getcompany. ----- Please read carefully. This is not financial advice. You may be asking, “What does that mean?” Let me explain… Do not just do what I, my team, or my guest say. That would be stupid and irresponsible. Take the education, then use your brain and make your own decisions. YOU must take responsibility for your future and your success. That is why you are here. Neither I, nor my team, nor my guests, know your risk levels, prior education, emotional maturity, or how much money you can afford to lose. We are only telling you what we believe to be smart moves. But you must decide for yourself. There are NEVER guarantees. Also, understand that we are REAL teachers. We practice what we preach. With that in mind, we often invest in the very projects that may be mentioned on this show. While it is never our intent, we could possibly profit from others investing in our recommendations. Take the education we provide but then determine your own actions. If it does not make sense to you, get more education before you invest. We will continue to provide education and there will always be more opportunities. ----- https://www.richdad.com/ Facebook: @RobertKiyosaki https://www.facebook.com/RobertKiyosaki/ Twitter: @TheRealKiyosaki https://twitter.com/theRealKiyosaki Instagram: @TheRealKiyosaki https://www.instagram.com/therealkiyosaki/ |
You Might Also Like
When Should You Sell Your Stocks and Cash Out for Retirement – Andy Tanner, Greg Arthur
2024-02-19
How much do you need to retire? Host Greg Arthur and Andy Tanner discuss when is the best time to sell your stocks and cash in for retirement. Whether you have $400,000 or $4 Million in stocks, Andy’s answer might surprise you!
Greg and Andy take a real-life scenario, and probably a question many ask themselves, and dissect the conundrum of when is the best time to cash in your stocks. Whether you’re a seasoned investor or just starting out, Andy’s impromptu guidance sheds light on the importance of adaptability, strategic planning, and the power of informed decision-making in achieving financial success.
Get Andy’s Free Webinar "Zero to CashFlow" – https://bit.ly/3qEiRqN
00:00 Introduction
06:57 The Dilemma of Retirement Planning
08:46 The Wisdom of Warren Buffet
12:16 The Risks of
Lithium, Copper, and the Global Battle to Power Our Lives – Mike Mauceli, Ernest Scheyder
2024-02-13
In this episode of the Energy Show with REI Energy, host Mike Mauceli invites Ernest Scheyder, a senior correspondent for Reuters, to discuss the complex issues surrounding the mining and production of critical minerals like lithium, copper, and cobalt, required for electrification. Ernest, who is also the author of the book titled ‘The War Below’, highlights the geopolitical tensions, environmental implications, and economic dynamics that are intertwined with the global drive for a greener future. He emphasizes the notion of a ‘choice’, pointing out the indirect costs and consequences associated with electrification, such as child labor in cobalt mines and long, carbon-intensive supply chains. The conversation also covers the potential of recycling in this industry and the need to
How AI is Changing Stock Investing – Greg Arthur, Andy Tanner
2024-01-29
In this episode, stock expert Andy Tanner explains why he loves AI in stock investing, providing insights into its potential to revolutionize businesses. He discusses how AI is deflationary and capable of making businesses more efficient and profitable. He also touches on the vital role that AI plays in fundamental investments. Furthermore, he encourages listeners to seize opportunities in the market by learning to invest wisely in stocks.
Don’t forget to access the free web training ‘Zero to Cashflow’, aimed at cultivating investment acumen: https://bit.ly/3qEiRqN
00:00 Introduction to AI in Stock Investing
03:41 The Power of AI in Stock Analysis
10:40 Investing in AI Companies: A Strategic Approach
16:31 The Impact of AI on Market Trends and Future Predictions
22:09 AI: A
Investing in Oil & Gas: Opportunities, Profitability and Tax Benefits – John MacGregor
2024-01-12
In this episode, host John MacGregor talks with Mike Mauceli, CEO of REI Energy, about the oil and gas industry’s future, investment opportunities, and the effects of government policies. Mauceli shares his extensive background in the sector, discussing the current state of oil production, the role of OPEC, and the challenges of transitioning to electric vehicles. They explore the importance of fossil fuels, environmental concerns, and the feasibility of electric vehicles. The episode also delves into the financial aspects of the industry, including tax benefits, cash flow, and investment strategies, offering listeners insights into potential returns and smart investment decisions in the energy sector.
Connect with John MacGregor: https://www.johnmacgregor.net
—–
Please read
Save Your Financial Future with THIS Investment – Robert Kiyosaki, Andy Schectman, Dana Samuelson
2024-01-10
Robert Kiyosaki, Andy Tanner, Charles Goyette, Jim Rickards, and Dana Samuelson engage in a deep dive into the current state and future of the US dollar. They discuss the historical significance of gold and silver, the effects of government economic policies, and the dangers of relying on paper assets like bonds. The conversation highlights the growing national debt and advocates for the strategic use of precious metals for wealth protection. The panel underscores the necessity of financial literacy to navigate the complexities of the economy and safeguard assets.
https://www.richdad.com/
Facebook: @RobertKiyosaki
https://www.facebook.com/RobertKiyosaki/
Twitter: @TheRealKiyosaki
https://twitter.com/theRealKiyosaki
Instagram: @TheRealKiyosaki
Rich Dad vs Ramsey – Alexandra Gonzalez
2023-11-16
When Robert and Kim Kiyosaki started the Rich Dad Company many years ago, they did so specifically to provide an alternative to this standard, so-called expert financial advice.
The typical advice like “work hard, save money, and invest diversely in the long term,” aren’t ways to become financially free.
If the Rich Dad Company were going to give anyone advice, it would be this: there are so many exciting ways to invest your money and so many better ways to make your money work for you than just the standard advice to save.
Host Alexandra Gonzalez-Ganoza dissects advice from one of the most popular financial gurus out there and highlights the differences between the philosophies of The Rich Dad Company and our approach to finances.
It’s important to note that while Rich Dad and other
Tags: Featured,newsletter
20 pings
Skip to comment form ↓