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🗓️ 4 November 2024
⏱️ 18 minutes
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0:00.0 | Welcome in to Morris Invest and holy smokes. What a crazy week it's been with US dollar continuing its downward spiral into abyss territory. The Fed raising rates once again and basically admitting, oh my gosh, we are screwed and inflation is going to be here for a long |
0:22.0 | time. That's what your own pal admitted this week. So the price of things will continue to rise. |
0:28.4 | The U.S. dollar will continue to decline. That's why we saw the huge move at the end of this week |
0:34.2 | into gold. Of course, the demand for real estate is off the charts. People |
0:38.4 | want tangible assets right now. Investors are even fleeing the United States and moving into |
0:44.1 | European bonds because they're worried about the U.S. banking collapse with a lot of the small |
0:48.5 | banks in the United States. So again, this is why we invest in real estate. This is why we invest in |
0:54.0 | tangible assets that are our protection against inflation and that hold their value through these sort of times of turmoil and chaos. |
1:02.7 | That is what real estate has done for thousands of years. |
1:06.0 | And there's no reason to suggest that anything is going to be different this time. |
1:10.2 | So that's why I'm |
1:11.2 | incredibly bullish on making sure that I'm holding these tangible assets in this crazy, crazy |
1:16.2 | turbulent time as they continue to devalue our currency. But guys, you know, get ready. Get ready. |
1:23.6 | This is going to be a very tough year. And we could really see some major headwinds as we head |
1:28.8 | into the fall and into Christmas time. So please, please, please protect your family. Make sure that |
1:34.1 | you've got a portion of your portfolio in something safe. I'm not a financial advisor. I can't tell |
1:38.8 | you what to do, but I will tell you what I'm doing, which is making sure that I've got real estate |
1:43.1 | and I've got precious metals. Those are the things that I have had for years and will continue to hold and |
1:48.8 | continue to make sure our hedge against this craziness that we're seeing right now. |
1:52.2 | These corrupt governments that continue to print money and consolidate power because they |
1:59.9 | don't want you to have the power. They want to control everything. |
2:02.6 | That's exactly what's happening. So we've got three questions today. Today's our Q&A episode here on the |
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