WEBVTT - Professional Development: What Should You Do With Your 401k When Stocks Are Down

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<v Speaker 1>An illegal alien from Guatemala charged with raping a child

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<v Speaker 1>in Massachusetts. An MS thirteen gang member from Al Salvador

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<v Speaker 1>accused of murdering a Texas man of Venezuelan charged with

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<v Speaker 1>filming and selling child pornography in Michigan. These are just

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<v Speaker 1>some of the heinous migrant criminals caught because of President

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<v Speaker 1>Donald J. Trump's leadership. I'm Christy nom the United States

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<v Speaker 1>Secretary of Homeland Security. Under President Trump, attempted illegal border

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<v Speaker 1>crossings are at the lowest levels ever recorded, and over

0:00:31.760 --> 0:00:34.960
<v Speaker 1>one hundred thousand illegal aliens have been arrested. If you

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<v Speaker 1>are here illegally, your next you will be fined nearly

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<v Speaker 1>one thousand dollars a day, imprisoned, and deported. You will

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<v Speaker 1>never return. But if you register using our CBP home

0:00:46.720 --> 0:00:50.120
<v Speaker 1>app and leave now, you could be allowed to return legally.

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<v Speaker 1>Do what's right. Leave now. Under President Trump, America's laws,

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<v Speaker 1>border and families will be protected.

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<v Speaker 2>Sponsored by the United States Department of Homeland Security.

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<v Speaker 3>The average four to one K lost twenty percent of

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<v Speaker 3>its value last year. What should the audience do to

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<v Speaker 3>increased gains in their long term portfolios?

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<v Speaker 4>This should come to market. Money's live in Los Angeles

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<v Speaker 4>best decision that you can make.

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<v Speaker 5>I wrote that down.

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<v Speaker 4>Hey, I mean listen two tag two index, no stress.

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<v Speaker 4>But the truth is, like you have to learn, going

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<v Speaker 4>back to the accountability part, no one cares about your

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<v Speaker 4>money the way that you will, So.

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<v Speaker 5>You have to learn how to invest their grown.

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<v Speaker 6>And you also. So here's the thing.

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<v Speaker 3>I came into the financial advisor in two thousand and seven,

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<v Speaker 3>the worst economic downturn. It was hell on Earth back

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<v Speaker 3>since since the Great Pressure, nothing that we've seen this

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<v Speaker 3>year or last year is remotely close close to that.

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<v Speaker 5>I thought the country is going to fall apart.

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<v Speaker 6>They thought the world was going to fall apart.

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<v Speaker 3>You got to understand they was in Greece and couldn't

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<v Speaker 3>get money out of ATM machines. It's the worldwide economic disaster. Yeah,

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<v Speaker 3>that's when I started. That's where I started.

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<v Speaker 5>Great time to.

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<v Speaker 6>Start it is, yeah, it is only go up from here.

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<v Speaker 5>Yeah, from the down cycle.

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<v Speaker 3>So I started during the worst economic downtown. Then obviously

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<v Speaker 3>Corona came. That was another disaster that was short that

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<v Speaker 3>was short lived. One thing has remained consistent over the

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<v Speaker 3>course of time. Yes, equities have gone up. Yes, equities

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<v Speaker 3>have gone up over the course of time. Sometimes it

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<v Speaker 3>takes eighteen months for it to recover. Sometimes it takes

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<v Speaker 3>eight weeks for it to recover. But this is why

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<v Speaker 3>dollar cost averaging is important, because when you put money

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<v Speaker 3>into investments while they're down, that's the best time.

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<v Speaker 5>That's time to buy.

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<v Speaker 6>You buy low so high. That's like the number one

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<v Speaker 6>rule thing.

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<v Speaker 3>So when you are in your fall one K and

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<v Speaker 3>you're putting money in, you got to continue to put

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<v Speaker 3>money in. This is what happened during two thousand and eight.

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<v Speaker 3>A lot of people got they panicked, they stopped putting

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<v Speaker 3>money in. They cashed out there four on one K

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<v Speaker 3>or they moved from equities, they moved from stocks to

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<v Speaker 3>stable like they put in the money market.

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<v Speaker 6>Yeah, they lost.

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<v Speaker 3>They saw they account go from five hundred thousand to

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<v Speaker 3>three hundred thousand. They got scared. They took it out

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<v Speaker 3>of stocks, they put it in the money market. You

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<v Speaker 3>know what happened the next year stock market went up

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<v Speaker 3>forty two percent. They didn't get any of that.

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<v Speaker 4>And if you a year away from a retiring I

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<v Speaker 4>get it. But if you're like fifty or younger, you

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<v Speaker 4>have to keep.

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<v Speaker 3>Your money in the panic long term play over the

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<v Speaker 3>course of time. History is the only thing that we

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<v Speaker 3>can really gauge. History has always said that stocks go up.

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<v Speaker 5>Yeah.

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<v Speaker 7>One Buffett just said this at the bedside of me,

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<v Speaker 7>and it is not hard. He was like, look over

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<v Speaker 7>one hundred years span, I've been investing. He'sninety two years old.

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<v Speaker 7>He said, I've been investing since I was in my

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<v Speaker 7>late to early twenties. Yeah, he said, majority of my life.

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<v Speaker 7>I'm telling you from a historic standpoint, it always it's

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<v Speaker 7>always going to go up.

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<v Speaker 6>We don't have to earners.

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<v Speaker 2>What's up?

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<v Speaker 8>You ever walk into a small business and everything just

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<v Speaker 8>works like the checkout is fast, the receipts are digital,

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<v Speaker 8>tipping is a breeze, and you're out the door before

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<v Speaker 8>the line even builds odds are they're using Square. We

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<v Speaker 8>by P and C Bank. A lot of people think

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<v Speaker 8>P and C Bank National Association Member FDIC.

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<v Speaker 1>An illegal alien from Guatemala charged with raping a child

0:05:37.400 --> 0:05:41.200
<v Speaker 1>in Massachusetts. An MS thirteen gang member from El Salvador

0:05:41.440 --> 0:05:45.560
<v Speaker 1>accused of murdering a Texas man of Venezuelan charged with

0:05:45.640 --> 0:05:49.520
<v Speaker 1>filming and selling child pornography in Michigan. These are just

0:05:49.640 --> 0:05:53.400
<v Speaker 1>some of the heinous migrant criminals caught because of President

0:05:53.440 --> 0:05:56.960
<v Speaker 1>Donald J. Trump's leadership. I'm christin nom the United States

0:05:57.040 --> 0:06:01.839
<v Speaker 1>Secretary of Homeland Security. Under President Trump, attempted illegal border

0:06:01.839 --> 0:06:05.400
<v Speaker 1>crossings are at the lowest levels ever recorded, and over

0:06:05.480 --> 0:06:08.680
<v Speaker 1>one hundred thousand illegal aliens have been arrested. If you

0:06:08.760 --> 0:06:12.599
<v Speaker 1>are here illegally, your next you will be fine nearly

0:06:12.720 --> 0:06:16.720
<v Speaker 1>one thousand dollars a day. Imprisoned and deported, you will

0:06:16.760 --> 0:06:20.400
<v Speaker 1>never return. But if you register using our CBP home

0:06:20.440 --> 0:06:23.800
<v Speaker 1>app and leave now, you could be allowed to return legally.

0:06:24.200 --> 0:06:28.960
<v Speaker 1>Do what's right. Leave now. Under President Trump, America's laws,

0:06:29.120 --> 0:06:31.560
<v Speaker 1>border and families will be protected.

0:06:31.640 --> 0:06:34.400
<v Speaker 2>Sponsored by the United States Department of Homeland Security. Complicate this.

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<v Speaker 5>Yeah. For those of you are new, Welcome to the show.

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<v Speaker 4>Vol is a SMP index fund that's like an all

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<v Speaker 4>star team VTI. Same thing. Apple, one of the top

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<v Speaker 4>companies of all time. Microsoft is like having Jordan and

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<v Speaker 4>Lebron on the same team, so you don't have to

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<v Speaker 4>debate which go to pick right, you want to have

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<v Speaker 4>both in your arsenal.

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<v Speaker 3>And then also sometimes so most of the time for

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<v Speaker 3>four one K, you're not gonna be able to put

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<v Speaker 3>individual stocks in four one K. Sometime they might not

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<v Speaker 3>even let you to put like an index fund depending

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<v Speaker 3>on the four one K, but you will be able

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<v Speaker 3>to nine times out of ten to do target date funds,

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<v Speaker 3>something that's extremely beneficial. So it's like the year that

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<v Speaker 3>you're planning on retiring, whether it's twenty thirty, twenty forty,

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<v Speaker 3>twenty fifty, twenty sixty, then they have a fun dedicated

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<v Speaker 3>to that most of the time in your full one

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<v Speaker 3>K plan or your retirement plan, and it gets more

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<v Speaker 3>conservative as you get closer, so it reallocates itself over

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<v Speaker 3>the course of time. That's extremely beneficial as opposed to

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<v Speaker 3>you're just trying to do it yourself. So when you're

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<v Speaker 3>investing in your four one K, look at their perspectives,

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<v Speaker 3>look to see your options. But that's always a good choice.

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<v Speaker 5>Options as in what you can invest in law.

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<v Speaker 3>Choices and not trading. Oh yeah, so but you know

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<v Speaker 3>this is always just think long term long story.

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<v Speaker 5>Please that's the easiest win.

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<v Speaker 4>Please five years minimum thirty Like, it's impossible if you

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<v Speaker 4>invest in S and P five hundred to lose over

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<v Speaker 4>a twenty your period. I know some people are going

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<v Speaker 4>to say, hey, I don't have twenty Those twenty years

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<v Speaker 4>are gonna go by like it in the heartbeat.

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<v Speaker 5>Just think about this.

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<v Speaker 7>When we were telling people five years, ten years in

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<v Speaker 7>twenty twenty twenty, yeah, they're already halfway through it absolutely,

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<v Speaker 7>like it's already three years.

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<v Speaker 5>Yeah, you know what I'm saying.

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<v Speaker 7>So like, just be diligent with with what you're doing

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<v Speaker 7>and just have the patients have to have the discipline

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<v Speaker 7>more than the patients have the discipline to state.

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<v Speaker 5>Of course, I want you guys to do like an

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<v Speaker 5>assessment real quick.

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<v Speaker 4>If you started investing one of Migos first came out

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<v Speaker 4>to their breakup, like what percentage should be up? I'm

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<v Speaker 4>at least fifteen hundred percent.

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<v Speaker 6>The game can't come it can't come down.

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<v Speaker 4>And I didn't get left off that So the best

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<v Speaker 4>of the long term best in piece of two. Yes,

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<v Speaker 4>shout out to one of the greatest groups all the time.

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<v Speaker 4>Maybe shout all set too, man better than the locks

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<v Speaker 4>or no.

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<v Speaker 6>It's commercially successful. Yes, commercially. We've been having.

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<v Speaker 4>Debates Jada Styles ill on the issue.

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<v Speaker 5>Styles be quick. They're not even gonna do that on here,

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<v Speaker 5>shouting that one for I love you.

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<v Speaker 3>Shout to Atlanta, my graduates from my school being fought.

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<v Speaker 6>Bag drop bag drop.

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<v Speaker 4>Droft.

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<v Speaker 1>An illegal alien from Guatemala charged with raping a child

0:09:19.400 --> 0:09:23.199
<v Speaker 1>in Massachusetts. An MS thirteen gang member from Al Salvador

0:09:23.440 --> 0:09:27.600
<v Speaker 1>accused of murdering a Texas man of Venezuelan charged with

0:09:27.640 --> 0:09:31.560
<v Speaker 1>filming and selling child pornography in Michigan. These are just

0:09:31.640 --> 0:09:35.360
<v Speaker 1>some of the heinous migrant criminals caught because of President

0:09:35.440 --> 0:09:39.040
<v Speaker 1>Donald J. Trump's leadership. I'm Christy nom the United States

0:09:39.040 --> 0:09:43.840
<v Speaker 1>Secretary of Homeland Security. Under President Trump, attempted illegal border

0:09:43.880 --> 0:09:47.440
<v Speaker 1>crossings are at the lowest levels ever recorded, and over

0:09:47.480 --> 0:09:50.720
<v Speaker 1>one hundred thousand illegal aliens have been arrested. If you

0:09:50.760 --> 0:09:54.640
<v Speaker 1>are here illegally, your next you will be fine nearly

0:09:54.720 --> 0:09:58.720
<v Speaker 1>one thousand dollars a day, imprisoned and deported, you will

0:09:58.760 --> 0:10:02.040
<v Speaker 1>never return. But but if you register using our CBP

0:10:02.200 --> 0:10:04.920
<v Speaker 1>home app and leave now, you could be allowed to

0:10:05.000 --> 0:10:09.800
<v Speaker 1>return legally. Do what's right. Leave Now. Under President Trump,

0:10:09.960 --> 0:10:13.560
<v Speaker 1>America's laws, border and families will be protected.

0:10:13.640 --> 0:10:15.800
<v Speaker 2>Sponsored by the United States Department of Homeland Security,