Wharton's Jeremy Siegel: Still see gains ahead in the market this summer
2024 ж. 18 Сәу.
63 719 Рет қаралды
Jeremy Siegel, a Wharton School professor of finance, joins 'Squawk on the Street' to discuss whether recent equity performance is warranted, how Fed voters would explain the gap between PCE and CPI data, and more.
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes.
@@BIRGITA-CATHARINA That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well
@@August-Felix My advisor is Victoria Carmen Santaella;
You can look her up online
Nah I Can't say I can relate, Victoria Carmen Santaella charge is one-off and pretty reasonable when compared to what I benefit in returns.
I now have about $120k invested in tech and TSLA firms. Could you suggest any other stocks I should acquire to diversify my holdings across other markets and create a well-rounded portfolio allocation that aligns with my risk aversion concerns?
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 pointers on equities to acquire
True. Having the right financial planner is invaluable. My portfolio is well-matched for every season of the market and recently hit 90% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, though this could take till Q3 2024.
this is incredible! how can I vet your advisor if you please? definitely would love to make money from the market too, but a complete newb..
’Marisol Cordova’ is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII....
What are the best additions to a $500k portfolio to boost performance?. ETH is Up and will do better, I believe as indicators for profits continue to improve. investors like me believe that “Santa has come early” to the markets
I think you're better off with majority investment in bitcoin and uprising equities cos they always outperform. Alternatively speaking to a certified market strategist can help with pointers on which to acquire.
wow massive gains! my partner recently hinted on going same direction.. what did you invest in, and who is your investment advisr please, if you don’t mind me asking? in dire need of asset allocation
ashley airagahi is the licensed advisor I use. Just research the name. You'd find necessary details to work with to set up an appointment
Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals
Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.
the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.
impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now
Laila artine kassardjian' 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.
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
I want to invest roughly $70,000 in stocks since I've heard that even in challenging times, investors may turn a profit. Any excellent ideas for stocks?.
It's crucial to have a well-thought-out strategy and not make impulsive moves based on short-term market fluctuations. Patience and a long-term perspective are key. You should consider a market expert to guide you.
that's the more reason I prefer my day to day investment decisions being guided by an advisor seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+
How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings
Melissa Maureen Ward is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
I want a balanced portfolio with growth investments, safe investments, and also focus on dividends to gain up to $20K monthly, my concern is picking the right stocks that can survive a recession. How do i go about this?
In this current unstable markets, It is advisable to diversify while retaining 70-80% in secure investments. looking at the worth of your portfolio, you should consider financial advisory.
True. This is why I work with an investment advlsor. I currently have $690k in a well-diversified portfollo that has experienced exponential growth and is well-matched for every season of the market. We are now working on a more figures for this year.
May I know the name of the advsor who has been assisting you, please?
She's known as ‘AMBER RUSSELL BENNETT’. One of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.
Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals and scheduled a call
Ever notice that when markets are going down CNBC always bring on Jeremy "Perma Bull " Siegel and or Tom "Perma Bull" Lee. Never fails.
Over the long term have they been wrong?
@@darrenprior6339 Yes they have.
@@LiberatedMind1 No, they haven't. Long term stocks have been fine. You just don't have a clue how to invest long term
@@darrenprior6339 This is a traders market not an investors market, you have no clue on the difference. Any idiot can buy and hold, but you’d have to be especially stupid to hold at these overvalued levels.
@@darrenprior6339 Wow bold statement knowing the S&P over the long term has been positive. His comment is about now, not 3 years from now.
Investing in this economy is a hell at times for the average person that wants full control of their finances, Even investing in ETF stocks can be risky.
I gotta admit, I took a hit in the profit department with my stock moves.
The question to be asked at times is not if the government or the economy is responsible for the sudden dramatic shifts in the economy but if we are taking the necessary measures to avoid making losses no matter the situation even if the pay roll is not in your favor.
One of the reasons i follow up these stock videos is to improve the returns of my investments and i can’t really say I’ve been seeing noticeable change though …. I’ll keep following to improve my investment philosophy.
What would you consider the necessary measures though? I was at a seminar two days ago where investors gave their opinions on how we can better investment for proper returns.
At times not just creating smart investments but buying assets can improve your profit margins in the long run.
We are topping out, buy at your own risk at these levels!
Yup, these crooks are just trying fleece the guppies
CNBC should add subtitle to all their videos, something like "All data is of April 30, 2024" to avoid confusion in the viewers' minds everytime they show some data.
A correction is due - realize it and do not buy in at this time.
The Allen Parsons Project- Eye In The Sky
Closed near the lows today. It is all In the charts. Anybody that bought the last breakout is under water. If it drops much more, some will get scared and sell. Just how it works.
Where can I get that tie ribbon
Cooler CPE next Friday? Bring it on professor!!💪❗️
wow.....a brave call on better than expected PCE.....
He is way to bullish on inflation dropping
@@gusmanue8337 He's been singing the same tune since 2022.
"Time in the market, not Timing the market"
Big money 💴 going forward 👍
Market doesn’t care about rate cuts anymore
Judging by the pullbacks they sure do care.
He didn’t say why shelter trends in cpi look better.
Now he's been humbled, hasn't he?
7 years of non stop hell where'd deez gainz
permabull
I'm mostly in cash and waiting for this market to re-level on the reality of our situation. Or are there any ways I can avoid a crunch and maximize my savings of $350k?
from my study, 90% of the time in an election year, the stock market stays positive for quite a long time. 2024 is no exemption, but it is better to be guided, ideally by a well experienced and licensed advisor
Agreed, I just use KZhead for research purposes, I run all my major investment through an investment adviser, the market is just too unstable to handle things on your own. I have consistently restructure and diversify my portfolio/expenses and I’ve made over $3million in gains in close to a decade of having one
Nobody cares!!
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.
*Sharon Lynne Hart* is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment
This people are delusional. Prices are still rising albeit at a slower clip. Fuel , shelter and insurance is still rising. I received a dodgy looking letter from Mercury General yesterday that I’m reluctant to open . I suspect it’s related to premiums and they never go down.
Ohhh it’s me. Inflation is over…….. wrong again professor….. wrong again
This clown thought the FED was too tight in 2022.
They have market Strategy.
Jezza Seagull has been taking the little blue pills again
He should of went to work and find out what to invest in. Pouring concrete or on a jack hammer
Facts!
We are. So inflation good? Come on let’s be real.
Love Jeremy Siegel but he was calling for cuts in 2022. I don't think anyone can predict fed policy including the fed
Nice old man. Always wrong
Dont care what master Oogway say.... I'll keep gathering index funds
This old man also contributed to this craziness.
I feel sorry for his students - he’s been wrong on CPI past two years
Heavy inflation is basically in insurance rates and housing costs right now
Who’s your “Daddy Powell”? 😂😂😂
professor when was the last time you went to buy groceries at Walmart? Yeah that is what I though....
2 weeks back or so this guy was talking about NVDA almost getting $1000 bucks
He's a 🤡town perma bullshitter.
Fisker... FSRN... Rising over 100 % week to lead the EV/ Tech sectors. Ocean Suv EVs making waves with new dealerships in Europe and Miami. Rivian... Tata Motors...Li Auto...EVTL.. Vertical Aerospace... Blink Charging..BLNK, more.
This uncle need some sleep 😂
Where do they find these chodes
is this Bidens dad?
Keep wishing, no rate cuts for 2 years at least.
Wrong
I want what mr siegal is smoking. Btw he is never right.
Markets grew because of money supply. Inflation! It’s not gonna be interest rates that correct this. Wealth has to be destroyed. Good luck
granpa is lying
we are so close! close to what?
When Nvidia posted that all time high and reversal this same guy came on the program telling everyone that these momentum stocks (Nvidia) rarely discontinue their path upward. Well Jeremy was completely wrong. The guy is a professor at Wharton business school. You can’t listen to the news you cant listen to professors. The stock market is just one big casino.
Look at all the little bears in the comments. Can't wait for July when we are at 540 and they are all crying manipulation. It's my favorite past time.
nothing funnier than a complacent delusional bull lol
@@JonnyZuccs Nothing funnier than a permabear always chasing to break even. Poor Johnny is celebrating a 5% pullback after a 26% run looool
@@theunbearablebull Or you could just be non perma bear looking at the price action and fundamentals. Keep smoking the good stuff, your account will bleed.
@@LiberatedMind1 You have to remember that some of you are way too stupid to trade/invest on your own. Never forget that.
Market panic selling buy MU stock meta AMD or ARM all way oversold
This clown thought the FED was too tight in 2022.
Agreed the Fed is tanking the economy and the market. Inflation is dead in the USA
Mr. Always wrong
He's actually been pretty spot on. You aren't very bright are ya kid lol
@@theunbearablebull No he said the FED was too tight in 2022 and NVDA would climb to 1000, laughably wrong, ironic statement of yours.
Why are college professors making stock predictions… dystopian as fuc
Perhaps it is because he is a finance professor who studied the stock market all his life (and works for Wisdom Tree now)?
@@tellsparckbah humbug 😂😂
Old guy is going to lose it all
Inflation isn’t going away keep lying