Rate Cuts Are Finally Here

The 10 best super investors have updated their portfolios. We take a look in this episode.

00:00 Intro
02:18 Rate Cuts Are Here
14:30 I'm Buying Intuit
20:22 Chick-fil-A Streaming Service

QUALTRIM.COM & PATREON (Includes free trial)
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SOCIAL MEDIA
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DISCLAIMER
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I am not a professional investor and have never claimed to be. I'm an amateur investor sharing my experience of what I've learned, where I have had success, and where I've had failures. I share my thoughts on investing and performance with transparency. My approach and goal to investing is to buy high-quality long-term investments in world-class businesses that I call "compounders". I view my investments as businesses, not as stocks. Before creating content on YouTube full time I worked as a senior-level programmer for 8 years. Over the years as a programmer, I compounded my knowledge of development. I take the same iterative learning approach to my study of investing. I study investing as a craft in the continual pursuit of being better. I will make mistakes in investment decisions from time to time. Results are not guaranteed. Please do not blindly follow me into any investments, and make sure your portfolio and investments are built around your specific income, risk tolerance, personality, timeline, and overall circumstances.

[JosephCarlsonAfterHours]

Hope you all have a great weekend. If you want to hang out and chat over disocrd, you can check out the patreon (comes with a free trial). Otherwise I'll see ya in the comments next week!


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[alexsteven.m]

I predict a housing crash due to people buying homes over asking price, lacking equity if prices decline further. Foreclosure becomes likely if they can't afford the house, and selling won't yield profits. With anticipated layoffs and rising living costs, many individuals may face this situation.

[tatianastarcic]

Rate cuts commenced in June 2024, taking 6-8 months to complete. A potential crash, if any, might occur by March 2025. The soft landing narrative is gaining traction, making this big recession everyone is calling for less likely. With $1 million from a business sale, I'm seeking profitable investment opportunities for the next 3 years.

[annaj.osorio]

In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.

[Olivia-zc]

The Fed's talk of interest rate cut leaves me pondering what stocks to buy now and when do I sell? I'm unsure how to properly allocate my money to achieve an optimal portfolio in this present economy, my goal is $3m for retirement.

[scottarmstrong]

I'll need help if I'm going to make it through this. The ETF and stock markets are still pretty volatile. What's left of my $170, 000 portfolio now isn't looking good; how can I capitalize on the market?

[brianwhitehawker]

I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks will be appreciated.

[stancartmankenny]

I bet chik-fil-a's streaming service will specialize in Chik-flix

[Daniel-ldzi]

Rates going to go up, stocks rise
Rates going to get cut, stocks rise
Lol

[mirchimome]

I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller.

[straitjacketstudios]

Sorry, but I totally disagree. Fortune 100 companies continue to have large layoffs. I know I am one of them. I know so many people that has been laid off in the last 3 to 6 months. It’s terrifying. The issue is that job claim numbers are delayed due to severance packages so we will not see these numbers for another 6 to 12 months. I think the job situation is grossly Under reported and will be for still some time.

[Klayhamn]

I work at intuit and can attest that at least from an employee's point of view it's a great company to work for.
they are very obsessed about bringing value to customers in the most efficient and impactful way possible.
i work at the AI group and there are insane resources being laid into incorporating it into more areas of the products.

i'm not financially knowledgeable enough to comment on the company from that aspect --- only from the engineering / product perspective.

[stanverhoeven]

Thanks for the interesting explanation on interest rates!

Question, how would you explain that during the recent year of a 5% interest rate, the US stock market (S&P, NASDAQ, Russell) went up ranging from 10% to 27%?

[PTRCKAhrens]

Joseph doing a video on macro!? What a blessing on a Friday afternoon!

[lewinglobalmedia]

the price on my food and rent keep going up so what inflation numbers are they using this is the twilight zone somebody wake me up.

[kohnfutner]

Great the housing market never dropped and back to lower interest rates, meaning price hikes and inflation. Real smart 🙄

[NoRegertsHere]

Buffet buying t bills at 5.25% or something looks quite prophetic.

[ambiven]

Chick-fil-A clown move... learn from Disney lol

[rysaik]

Faulty government labor data has caused a recalculation of rate cuts.

[thegoatgav]

Will the Chic fil A streaming service be working on Sunday’s?