5 • 741 Ratings
🗓️ 5 January 2025
⏱️ 87 minutes
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0:00.0 | If you haven't realized it yet, everything has changed economic. Last decade was the decade that was known as easy monetary policy, low interest rates, stock markets and real estate markets, crypto, you name it, just took off. |
0:14.1 | We are now in the midst of one of the biggest bubbles in history. Look at Warren Buffett. Warren Buffett has sold more stock in his career, |
0:20.9 | both percentage and dollar-wise, or this past year, than any point in his 60-plus year career. |
0:25.4 | Pretty smart dude to listen to and follow. You know, last quarter, he didn't buy a single |
0:28.7 | dime of stock. I don't think he's ever done that in his career. Warren Buffett's actions |
0:33.4 | are telling us what's going to happen. By the way, he did the same thing before 2008, 2009. He did in 2007. He also did in 2000. |
0:39.9 | So everything you thought about that you thought was good the last decade, guess what? It ain't probably going to be anywhere near as good this decade. I shared earlier. |
0:49.0 | All the analysts, they're all projecting S&P 500 returns between 3 and 5% and significant corrections in the next |
0:55.9 | decade. |
0:58.3 | Hey, everybody. |
0:59.1 | Thank you for joining us for today's episode of Disruptors. |
1:01.0 | Here we have Ference Tooth with your personal bank. |
1:04.3 | And Ferrence is another player in the Phoenix area. |
1:06.5 | And he's here to talk about what the wealthy and banks know that you don't. |
1:11.4 | Now, guys, I'm going to mention you create 100 million millionaires the information on the show alone is enough to help you become a |
1:15.1 | millionaire in the next five to seven years if you'll take consistent action you'll become one |
1:19.4 | and guys if you get value out of the show please hit that subscribe button it was a five-star review |
1:23.4 | that way we can create more millionaires ready i? I'm ready. All right, Steve. |
1:29.1 | All right. So right now we're talking about what the wealthy and based on that you don't, |
1:34.1 | but before you got into this world, what were you doing? I was in the financial world working as a, |
1:43.5 | you know, IRAs, 401Ks, retirement plans, that type of things. |
1:47.1 | And I kind of stumbled upon it coming from the blue collar world, grew up on a farm, all that, |
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