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How to stay motivated and gain potential. Following what I talk about in the podcast helps boost your success rate and timeframe. Unfortunately, this is something I see so many aspiring entrepreneurs lack. Which then results in losing motivation or focus to follow their passion.
One of the most requested podcasts...my opinion, and thoughts over Bitcoin and Crypto today. I have been involved in cryptocurrencies since 2016, and many think my opinion did a complete 180 turn. Or, maybe it might just be that my opinion never changed, but I was surely taking advantage of the bubble.
These are all the reason, why I don't see any value in Bitcoin or Crypto. And, why I believe it will die off within time.
In podcast #5 I spoke about how fast we can see a recovery or "bounce" in the stock market. So, far it has happened exactly as I predicted. Well, now that we have gotten to where we are now...I am starting to see a few red flags and getting concerns. In this podcast, I shared my current opinion on the market.
Are you aware of some of the biggest mistakes investors make? Do you know if you personally are making a huge mistake that might be preventing you from becoming a profitable trader? Well, in episode 7 we go over just that. I share the biggest mistakes I see people make when they begin to day trade. Heck, even some who have been trading for years are making these mistakes. It's time you start pushing your luck.
When I first expected a recession. I figured it would take 6-8 Months to collapse over time. Plus another 6-8 months to recover. So, in my head, I thought just like anyone else..the next recession can last 1-2 years or worse. Well, now I am having second thoughts because of the power we have from Networking and Social media. The "overdrive" we may carry now...So, could this time be different?
Facebook Post: (July 19, 2019)
Over 15 Million Jobs will be lost
Over 4 Million Homes will be foreclosed
Over 4 Million Business will be destroyed
The length will range from 18 to 22 months
More than 56 million Americans will be affected and living in poverty
When the next recession comes, the robots will be ready.
For humans, it’s a downturn. For machines, it’s an opportunity
companies and businesses will take advantage and the opportunity to replace humans in every sector they can during these times....It’s cheaper labor with better consistency and higher quality...
Link: https://www.facebook.com/photo.php?fbid=10156461443504562&set=a.466649554561&type=3&fref=mentions
I want to share a different point of view over our economy and how much we have advanced in this short podcast. So, do the rich get richer, and the poor get poorer? Well, if we really break things down and look at the facts, the answer is no. The poor are living in ways that not even the wealthiest kings and royalty lived. The problem is, the poor are getting greedier. As society advances, they expect to be on board 100%. This podcast also proves how capitalism and free trade really work in the longterm. While you listen in, you will have to use your creative mind to expand the points covered.
The number one question I am seeing right now is: Should I buy stocks now? Or, Should I Sell and/or wait? Well, the answer to that question really depends. For starters, we all have a different circle of competence which means we all will be looking at different types of stocks in many sectors. Some are riskier than others, and some are still over-valued.
Without being able to see the true intrinsic value of a company, its impossible for anyone to give you the right answer. And, even if they did know the fair value it would be subjective to an extent. A smart investor would have a strategy that they strictly follow.
My personal thoughts over having a mentor or paying for a paid subscription service.
You often get told these are all pyramid schemes, scams or frauds. Of course, some of them may not work or teach you anything. But, there are certainly some out there that do teach you a lot over what you want to do. So, I am here to tell you otherwise. For starters, these mentors or services are definitely cheaper than any college or university out there when trying to get a degree or a masters, that's a plus. Secondly, I like the idea that you get to be taught by different individuals so you get to learn things based on their own personal experience. There is nothing wrong with being a little wary, but that can easily be solved by doing your own research to see what you are getting yourself into. I can definitely tell you I truly have learned a lot of mentors out there and/or paid subscription. But, only if you actually take it seriously. Teach yourself to fish, don't just show up to get feed. Learn to feed yourself for life, and learn tips and strategy by other fishermen to become the best.
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