WARNING: The Largest Wealth Transfer *JUST* Started - DO THIS.

the greatest wealth transfer ever is

about to happen and you want to make

sure that you're part of it because in

this video I'm going to show you how to

be a part of the greatest wealth

transfer because the reality is

Millennials and gen z's are expected to

see their net Worth's Skyrocket much

like we've seen in the last 34 years for

other households and generations between

1989 and 2022 adjusted for inflation U.S

family wealth has tripled that means

adjusted for inflation people's

purchasing power and their wealth

increased 3 X in the last

33 years the problem is the majority of

that wealth once you guessed it to the

top 10 so once again the rich are

getting richer those in the bottom 50 of

America in other words households with

net worths of under 166 thousand dollars

and predominantly renters only saw their

wealth increase eight percent during

that time and so there are three massive

issues and a lot has to do with a

financial education but also a lot has

to do with what we're actually spending

our money on and what our priorities are

so let's talk about those after we first

talk about what the heck is going on

with markets and well positioning the

three problems number one bearish

positioning the more negative we feel

about the economy and the stock market

ironically the better stocks tend to

perform remember back in the days of

covid where we saw the meme images of

the child on the switch well the economy

was in tatters the stock market was

Rising

and that is actually a pretty dang

common occurrence the unfortunate thing

is it's the rich who end up enjoying the

swinging while everybody else is fearful

and leaves markets at times when they

tend to make the best returns if we look

back to post 2008 2009 we saw every

reason Under the Sun for a double dip

recession whether it was a double dip in

2009 a double dip during the 2011 debt

ceiling crisis which sounds eerily

similar to today which never ended up

happening just like the 2009 double dip

never ended up happening or it was the

2013 Eurozone sovereign debt crisis

disaster or was the reduction of

quantitative easing around the 2014-2015

era or the rate hikes of around 2018 or

the pause around the end of 18 and then

the cuts in 2019 there was always a

reason to be fearful another election

cycle another dose of bad news to keep

the Bears on their bearish High

well as a result today fund managers

have their lowest exposure to stocks

relative to bonds that they've had since

2009 retail investors individuals that

is have followed fund managers and in

total have yanked 330 3.9 billion

dollars out of stocks in just the last

12 months 41 of investors are bearish at

the moment below the 61 percent we saw

in September but above the usual

long-term average of 31 and usually when

we're at levels of bearishness above 31

stocks ironically tend to outperform so

that 31 level is actually pretty

critical when we're above 31 percent we

tend to get an out performance just like

we saw in our performance after that

negative 61 percent reading and then we

had this massive out performance in

January and February

usually we're at these bearishness

levels it makes sense to invest in

stocks it's a contrarian viewpoint but

part of the reason we don't like being

contrarian is because of the lack of

financial education in America American

Education should teach that long-term

positioning in stocks tends to reward

investors unfortunately we don't get

taught that in schools instead we get

taught to be good worker bees and follow

the rules and that ends up leading us to

follow Trends and overvalued plays and

ultimately being fearful when the exact

thing to do would be as Warren Buffett

says be greedy when people are fearful

now of course then people say but Kevin

inflation is so high and inflation

expectations are starting to unanchor

and this is going to be the end of the

world

yes well that does lead to the second

problem which is a focus on short-term

noise the average person finds it

difficult to distinguish between High

pricing and Rising pricing if you don't

understand the difference in that line

don't worry I'll explain that but it

highlights how important it is to

understand what's actually going on

versus what the mainstream media and the

television is telling us is going on

this is one of the most underrated

Concepts to understand but it could help

a lot yes if we look at the past three

years after the covet boom and during

the covet boom prices of a lot of things

have gone up a lot whether it's

McDonald's insurance or otherwise prices

in many areas have gone up 10 20 30 40

and these prices will probably never

come down again but the FED does not

care about high prices they care about

prices rising at unsustainable levels

and as soon as you study what the

Federal Reserve cares about and realize

they don't care about high prices and

they don't care about trying to make you

rich

then you can recognize that okay we need

to analyze what the FED does care about

which is rising prices or the rate at

which prices are going up

and if you do like we do in our daily

course member live streams when the

market is open and you read company

earnings calls you know that prices

aren't Rising anymore the way they had

in Prior years if anything they're

barely Rising maybe two to three percent

on average

but the average person focuses on the

past inflation not on forward inflation

and this is starting to have a pretty

strong impact on consumer sentiment

consumer sentiment is deteriorating

especially with what the mainstream

media peddles like Bloomberg Bloomberg

is supposed to be a well-positioned

source for trust in financial news yet

even they are blatantly lying suggesting

that Kimberly Clark raised prices nine

percent in the first quarter that sends

signals to Consumers that oh my gosh

prices are still going up nine percent

in the first quarter that's just bad for

past inflation and current inflation

but it's just not true see Kimberly

Clark raised prices in early 22 and it's

only a nine percent increase which is a

lot but it only reflects as a nine

percent increase when we look at a

year-over-year measure when we actually

look at quarter over quarter measures

we'll and forward inflation expectations

for Kimberly Clark we're much closer to

two to three percent

and that's not even a market average

Market average we could be below two

percent even for many consumer goods

unfortunately that doesn't make for good

and exciting mainstream Media clickbait

news so we know this about the consumer

but how about S P 500 earnings are those

going to hold up because ultimately if

we're investing in stocks we want to see

earnings hold up right well when we take

a look at S P 500 earnings and the

growth rate of that S P 500 companies

have been experiencing we can see that

in the first quarter of 2023 we're

sitting at about

1.83 percent growth which is above zero

but it's definitely less than where we

had been sitting closer to two to even

three percent post pandemic so is this

just a new normal well I think it's

useful to consider a new normal to look

at what normal used to be back in 2019

if we go back to 2019 you could see oh

wow S P 500 growth was below two percent

and then towards the last three quarters

of 2019 below one percent which means

we're actually growing S P 500 earnings

still today at twice the rate we were

back then which means we actually still

have room to normalize even further down

we could be half of where we are at s p

growth now and still be at the level

where we were in 2019. so this new

normalization could be leading to a big

missed Opportunity by a lot of folks

paying attention to the noise cycle But

ultimately when we combine this sort of

inflationary news with a debt ceiling

crisis War the banking crisis guess what

happens sentiment turns bearish

Friday's University of Michigan survey

indicators suggests that not only has a

negative news cycle in March and April

shrouded with uncertainty around the

banking crisis and elevated inflation

led to a deterioration inflation

expectations but also consumer sentiment

fell because quite literally quote a

proliferation of negative news about the

economy including the debt ceiling

crisis all contributing

but then again for the last two years

we've been taught that bad news is good

news because we've been wanting the

economy to slow down to slow Rising

prices

but the bond market is telling us we've

already done enough if anything maybe

we've gone too far look for example at

the five-year Break Even rate not only

are they at a one-year low which is a

market measure of inflation expectations

but they just dropped another five basis

points to just 2.12 suggesting inflation

is well on its way back to two percent

in fact Paul Tudor Jones suggests that

inflation has been declining for 12

months in a row something that has never

happened in history CPI it's been

declining 12 straight months that's

never happened before in history that

inflation is gone we're just dealing

with the residual left over inflation

readings

unfortunately those don't stop

short-term pessimism by consumers and

unfortunately that risks leaving them

misposition especially I hate to say it

but fact is consumers and Retail

investors are often wrong they chase the

latest Trend or news cycle or chase the

latest stocks that have done well

and they completely ignore fundamentals

in my opinion that would lead investors

to go into things like Consumer Staples

that have done very well and

outperformed over the last year or other

security style defensive style stocks

like healthcare utilities

but that could leave consumers

substantially misposition

but again maybe the bond Market's wrong

because if you look at history the

Federal Reserve has cut rates when the

unemployment was less than four percent

rarely in fact out of the last 124 rate

cuts from the Federal Reserve only six

have occurred with unemployment under

four percent two of those were during

covid three happened in 2019 when

inflation was around 1.7 percent so

below Trend and

the other one was well January 3rd 2001

which was right before the.com crash

which isn't a great comparison because

we don't want to feel like we're walking

into a.com crash because that's just

gonna make us very bearish and quite

frankly yeah that could be a reality it

is possible stocks go down more that all

of this Nike Swoosh recovery will all be

for nothing and stocks will go right

back to hitting brand new lows

it seems unlikely based on investor

positioning today with how bearishly

people and institutions are positioned

with how much money is sitting on the

sidelines in Money Market funds with

money market funds seeing skyrocketing

rate of deposits and institutions

pulling money out of stocks at the

highest levels since 2009 so yeah it

seems unlikely that the stock market is

going to continue to go down but then

again you get people like Raphael Bostic

over the FED saying well we don't expect

rates until 2024 which means we have to

unprice some of the rate cuts that are

priced in which could mean that stocks

could go down more right I mean after

all if inflation is even remotely sticky

which quite frankly if CPI goes up at

just 0.2 percent every month for the

rest of the year you're still at four

percent inflation given the inflation

we've already had this year which is

twice the fed's target all of this just

sort of contributes to pessimist

arguments that allocating to stocks

right now or just Assets in general is a

bad idea but you can't help but wonder

if it is possible that somebody like

Paul Tudor Jones Is Right that the FED

could declare victory that we've had 12

months of 12 months of declines in

inflation and stocks could end up 10

percent higher six months from now well

as optimistic as that sounds all the bad

news that we've been talking about is

driving people to cash and gold we've

seen money market adoption but we've

also seen gold Skyrocket to some of its

highest levels now above two thousand

dollars per ounce and some of the

highest levels we've seen over the last

year now part of this could be because

of the news stories creating fear the

banking crisis debt default potentials

or it's because when the dollar Falls

central banks diversify away from the

dollar which is exactly what central

banks have done they've added 228 metric

tons of gold to their balance sheet in

the first quarter alone and China has

contributed over four x that to gold in

2022 alone all of this is reiter rating

ah yeah the best trend right now is buy

gold and Parker cash and money market

funds but in my opinion all of this

isn't actually the real danger the real

danger isn't the debt ceiling which will

almost certainly be extended it'll

either get kicked down the road to the

July 4th session or the end of the

fiscal year around September 30th or

some sort of full passage on a deal the

real danger is also unlikely to be

inflation because the reality is it's

collapsing the real danger is unlikely

to be the collapse of the consumer

because yeah even though people have

changed up their Trends and we're

looking for that new normal and

corporate earnings American Savings

rates are not only increasing again but

their savings are higher than they were

at the end of last year suggesting that

savings again a rising excess cash that

people have is still well above by some

accounts over 60 percent higher than

where we were in 2019

the real mistake is probably in

what we do and how we personally

position ourselves see there are very

important things in my opinion not to do

and very important things to do and

we're going to spend more time on the

things to do to make sure that you can

be part of the greatest wealth transfer

in history that is probably getting

started now in my opinion the worst

things to do right now are things like

buy a new car lease a new car buy

furniture appliances remodel a home or

extend yourself on home equity lines of

credit personal loans or credit card

debt one of the worst things I see

people do who own homes is they'll take

a home equity line of credit pay off

credit card debt they'll pay off

personal loans and then they just go

back out and spend again it's all a big

mistake it's often for nothing and it

leaves most people poorly positioned

because they sync themselves in debt and

then they don't focus on what they

should be focusing on to make sure they

can take advantage of this massive

wealth transfer it's probably just now

getting started we're the roots of this

massive wealth transfer so what should

you focus on well in my opinion it's

obvious well maybe it's not obvious

that's why I'm making a video about it

number one your income maximize your Top

Line what can you do to make more money

that literally means not focusing on

passive income but actually focusing on

active income I'm not going to sit here

and tell you that oh here are the five

dividend stocks so you could do nothing

and you know deck around all day long

I'm actually going to say now is the

time to work harder and focus on

increasing your active income somebody

asked me the other day hey what do you

think I should do myself and my spouse

have a combined income of 100k

what you should do is figure out how

your average income is 50k and how

you're going to get that up maybe that

means enhancing your skill set by

learning a white collar professionally

becoming a CPA becoming a lender

becoming a realtor or it means taking

what you're doing now and making sure

you're enhancing the value you provide

to your business or to your own business

that is whether you're an employee or

you're self-employed you're being as

productive as possible making sure

you're building out your teams with AI

productivity or you're doing whatever

you can to make sure you can provide the

best value possible by making sure

you're not distracted in the workplace

you're productive and you're not the

person who's going to get laid off

instead you're the person who's going to

get a raise because nobody works harder

than you this is the time to focus on

your income but after you focus on your

income don't let yourself be sunk to the

ways of having a high debt to income

ratio which means you can't qualify for

Real Estate instead you should be

focusing on getting into real estate I'm

a big fan of focusing on buying real

estate in the third and fourth quarter

of this year we don't know exactly

what's going to happen in the real

estate market but generally time in the

real estate market beats timing the

market and on top of that positioning in

stocks now when positioning is so

bearish broadly

could be one of the best opportunities

of the next decade that is increasing

your income now so you can buy more real

estate at the end of the year and buy

more stocks now could be a great way to

be part of the next massive wealth

transfer as well as potentially starting

your own business or a side hustle

through maybe one of those professional

designations I talked about or finding a

way to capitalize on this AI explosion

of new businesses that are coming

every business will be more productive

because of artificial intelligence and

if you can help those people become more

productive you could find yourself a

side Hustler business that can make you

a lot of money and your goal is to make

sure that no matter what it is you're

doing you're maximizing the tools you

have available to make sure that you're

not being left behind just like

on the wealth transfer path you don't

want to be left behind on AI you don't

want to be left behind on the massive

wealth transfer so positioning yourself

bearishly now focusing on a five percent

money market fund and cash which is

going to get eroded through inflation

rather than focusing on building your

asset exposure to the quantity owned of

real estate or stocks or businesses in

my opinion is a big mistake it's the

same mistake spending money on a credit

card and not focusing on increasing your

income

always remember the average person finds

it difficult to distinguish from

long-term fundamentals and the

short-term noise and when you have

neighbors walking around the

neighborhood coming up to you saying hey

I'm worried man we got an election cycle

we got a debts

Putin

all are falling and gold rising in Money

Market funds up what about silver Kevin

there's probably a good time to

seriously consider taking your higher

income as you're working on increasing

your income maybe even taking on a

second job

in actually investing to be best

positioned for the greatest wealth

transfer coming

through assets

because the time will come in the future

the Federal Reserve whether it's in 23

or 24 or 25 when the Federal Reserve

starts cutting rates again

and asset values explode guess who's

going to win the most

people who went out of the way to

acquire more assets will win the most

owners of businesses through stocks or

their own ownership and real estate will

probably be the best position to reap

the most of this massive wealth transfer

now I want you to know this when it

comes to AI time is what's going to make

you money and if you can prove that

value to an employer you'll always be

able to be employed so this is another

way of making sure that you don't get

replaced

foreign