I Asked Wall Street Millionaires For Investing Advice
Published on: November 26 2022 by Jordan Welch
I Asked Wall Street Millionaires For Investing Advice
Table of Contents
I Asked Wall Street Millionaires For Investing Advice
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| 00:00:00 | 00:00:04 | today i'm here on wall street during one of the worst financial crashes in history |
| 00:00:04 | 00:00:08 | my goal is to tok to the people and figure out the best way to invest during this crash |
| 00:00:08 | 00:00:11 | and i also want to try to get into the new york stok exchange so here we |
| 00:00:15 | 00:00:16 | guys think you can be in go youtube video for a second |
| 00:00:25 | 00:00:28 | look we're getting in there today i don't know how we're gonna do it we're going into |
| 00:00:28 | 00:00:34 | the stok exchange you be in our video for one sec no no okay okay all right guys they're not |
| 00:00:34 | 00:00:41 | taking me seriously enough man so something's got to change my boy looks like a criminal right now |
| 00:00:41 | 00:00:45 | we need to get him right yeah we really need like the perfect simple stok exchange outfit |
| 00:00:47 | 00:00:50 | yeah i'll buy this all right |
| 00:00:53 | 00:00:56 | you think i'm ready for the stok exchange now and you're ready for the stok exchange all right |
| 00:00:56 | 00:01:00 | let's get it thank you man of course man you have a good one see you later it's go time let's do it |
| 00:01:04 | 00:01:08 | we're back on wall street let's see what the people have to say now |
| 00:01:09 | 00:01:14 | excuse me ma'am do you invest in stoks at all i do how are you investing during this market crash |
| 00:01:14 | 00:01:18 | right now how am i investing yeah how is your investing strategy change during the drop of |
| 00:01:18 | 00:01:24 | the market i'm buying more i love it enjoy your day buy some more baby buy the dip baby come on |
| 00:01:24 | 00:01:31 | how are you investing right now during this crash uh i'm actually just entirely invested in uh etf's |
| 00:01:31 | 00:01:36 | mutual funds i'm in some bitcoin and some crypto have some neo some electric car company socks |
| 00:01:36 | 00:01:40 | and i'm long term i just save a lot of money and i do a more conservative |
| 00:01:40 | 00:01:44 | you know etfs i invest in like different real estates in different states do you feel like |
| 00:01:44 | 00:01:50 | now is a good time to get into the market yes buy gold got you buy gold that's a good tip we |
| 00:01:50 | 00:01:54 | haven't heard that one today thank you man um do you work here on wall street a little bit |
| 00:01:54 | 00:01:58 | what do you say to the young new kids that are just getting into investing is this a good time |
| 00:01:58 | 00:02:02 | to get started or maybe wait till it thinks it's a good time to get in but you got to take a long |
| 00:02:02 | 00:02:08 | view of it definitely you gotta gotta plan for not months but years five years 10 years |
| 00:02:08 | 00:02:12 | yeah and stik with it i agree with that you look fresh today man have a good day thank you |
| 00:02:12 | 00:02:16 | are you invested in stoks at all we spent a lot of money in any shops |
| 00:02:18 | 00:02:22 | not in the stok exchange listen you're probably gonna be happier doing that yeah yeah because i'm |
| 00:02:22 | 00:02:27 | wearing it every day yeah and you look good too oh thank you see you later how does this crash |
| 00:02:27 | 00:02:31 | like look compared to what you've seen in the past the way the people acting everything how |
| 00:02:31 | 00:02:37 | different does it seem that's a good question i think in the past two crises covet and financial |
| 00:02:37 | 00:02:43 | uh crisis uh there was a lot the government could do to really help with a rapid recovery |
| 00:02:43 | 00:02:46 | it's a different circumstance this time over time the markets have always gone up |
| 00:02:47 | 00:02:51 | and just have confidence that things will recover as the afternoon was approaching people were |
| 00:02:51 | 00:02:56 | getting less interested in toking to me and after being rejected over a hundred times i had truly |
| 00:02:56 | 00:03:01 | reached my breaking point that might have been the coldest rejection i got so far and even though it |
| 00:03:01 | 00:03:05 | was painful it was actually great toking to all these people but i was looking for a real |
| 00:03:05 | 00:03:12 | wall street legend and for that there was only one place i could go you know well you know we |
| 00:03:12 | 00:03:16 | got all dressed up and everything to try to come into the stok exchange is it possible to go in |
| 00:03:16 | 00:03:20 | there for a video real quick um unfortunately this hasn't been open to the floor since |
| 00:03:21 | 00:03:28 | 9 11 no worries thank you man i really wanted to go inside so i decided to make a few phone calls |
| 00:03:28 | 00:03:33 | to see what i could do unfortunately i wasn't having any luck and then i called my boy sam |
| 00:03:37 | 00:03:41 | yo what up bro we here in the city right now we're on wall street |
| 00:03:41 | 00:03:45 | trying to get into the stok exchange you're there right |
| 00:03:50 | 00:04:00 | it looks like you're in the city right now can you come here |
| 00:04:00 | 00:04:06 | all right bro we'll see you in a couple minutes thank you our last hope that's good good yes sir |
| 00:04:07 | 00:04:11 | so look i have to make a call see what i can do it usually needs clearance |
| 00:04:11 | 00:04:16 | so i do have one person that usually lets me into this place i've been there before |
| 00:04:16 | 00:04:20 | uh super cool experience let me make a call no promises but let me see what i can do okay |
| 00:04:20 | 00:04:23 | all right bro try your best all right you gotta thank you give me a second all right |
| 00:04:25 | 00:04:30 | let's see if the boy sam can come through for us this is really our last hope so let's see |
| 00:04:32 | 00:04:37 | okay cool i'm with them now and then um i'll head over there in a second okay all right cool |
| 00:04:38 | 00:04:43 | okay got some cool news for you what's up so a few months ago i met with this guy |
| 00:04:44 | 00:04:47 | and i want to make sure you guys get hooked up inside the stok market machine where you |
| 00:04:47 | 00:04:51 | saved the day man thank you hey let's go over there maybe should i take you there |
| 00:04:51 | 00:04:54 | yeah all right cool i have a meeting in like 20 minutes so i'll take you there real quick |
| 00:04:54 | 00:04:58 | and then you guys do whatever you want but i gotta run after that okay let's go |
| 00:04:58 | 00:05:01 | how are you investing during these times what do you think about the crash overall |
| 00:05:01 | 00:05:06 | so obviously the market's not where it was before so we shouldn't be looking at the prices i think |
| 00:05:06 | 00:05:11 | we will be falling for the next few months but i will be looking at the great companies like tesla |
| 00:05:11 | 00:05:16 | amazon nvidia all the companies that in five years from now will still be rocketing to all-time highs |
| 00:05:16 | 00:05:24 | and slowly averaging down however not overdoing myself averaging slowly to extent where i don't |
| 00:05:24 | 00:05:28 | feel overextended inside the market this is it man this is where it all happened so he's gonna |
| 00:05:28 | 00:05:32 | be in about five minutes he just confirmed it with me um he's gonna take you to that entrance right |
| 00:05:32 | 00:05:37 | over there they're gonna clear through security once you're in you can go straight inside take |
| 00:05:37 | 00:05:40 | all the content you need thanks again bro got it brother all right peace out gotta run see ya |
| 00:05:43 | 00:05:47 | i'm not gonna lie at this point i thought we were good i mean we had secured an interview |
| 00:05:47 | 00:05:53 | with a big dog on wall street but unfortunately i legally can't say if we went in there or not |
| 00:05:53 | 00:05:57 | even if we literally did get invited to go inside which i'm not saying we did |
| 00:05:57 | 00:06:02 | a week after i got home i was told i am not allowed to use any of the footage at first |
| 00:06:02 | 00:06:07 | i was gonna scrap this whole video i'm just like sad i'm like super bummed like |
| 00:06:08 | 00:06:13 | yeah we'll figure something out but we came such a long way i couldn't go out like that so instead |
| 00:06:13 | 00:06:18 | of throwing this whole interview away i had an idea so first off how long have you been coming |
| 00:06:18 | 00:06:24 | to the stok machine i came here in 1985. got you and you've seen a lot since then a lot of crashes |
| 00:06:24 | 00:06:29 | a lot of recessions how does this current dip in the market relate to those do you see a similarity |
| 00:06:29 | 00:06:35 | or it's way different i've seen the crash of 87 the bubble of 2000 the financial crisis of 07. |
| 00:06:35 | 00:06:40 | you know the crazy years under professor orange over there and then i've seen uh kobe crack |
| 00:06:40 | 00:06:46 | i think this has components to it that i can describe that i've never seen before no one's |
| 00:06:46 | 00:06:53 | ever really had a health crisis this way before the economies of the world were shut down to zero |
| 00:06:53 | 00:06:59 | the airline restaurant hospitality travel this that and the other thing were basically done |
| 00:06:59 | 00:07:03 | the federal reserve bailed us out but i think if we had not done that |
| 00:07:03 | 00:07:09 | we would be in much bigger trouble than we are now what's the best way to invest during these times |
| 00:07:09 | 00:07:13 | i'm not a financial advisor disclaimer all day long that's not what i do i understand there's |
| 00:07:13 | 00:07:18 | no better time to learn about the market and invest and trade the market then during a crisis |
| 00:07:18 | 00:07:23 | because the volatility makes for great learning experience if you're an investor looking to get |
| 00:07:23 | 00:07:27 | into the market for the first time you've got to learn how to do this you can make money on an up |
| 00:07:27 | 00:07:33 | market and a down market markets do go up and down we really appreciate it my pleasure first |
| 00:07:33 | 00:07:38 | day on wall street was a huge success but honestly all this suit is like uncomfortable and i don't |
| 00:07:38 | 00:07:43 | know if this lifestyle is for me so i think it's time to go home see you guys in the next video |
| 00:07:46 | 00:07:50 | some tips for him it's his first day on walking down wall street just work hard |
| 00:07:50 | 00:08:01 | work hard yeah play hard i like this guy uh guys still in here |
