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WARNING! The Biggest Market Crash Of Our Generation Is Here

Mar 12, 2024
So I think a

market

crash

in a recession is right around the corner and I think it's going to be worse than a lot of people think it's going to be and I don't think 90% of the United States is prepared, and much less the world is prepared. but those who are going to benefit from it over the next two to five years we're going to talk about the top 10

market

crash

es we've ever had how long how ugly the cause was we're going to talk about how to prepare for the difference between a market crash market and a recession, what other experts say about it, different stocks and anyway, based on that, while I present the argument to you at the end, you will be able to make a decision on what decisions you are going to make with your finances and the sequence appropriate in the future having said that at the end the slide will be around 80 pages, some of you will have a way to get the 80 page powerpoint that will give you For you, stay until the end.
warning the biggest market crash of our generation is here
The reason I did this was a private webinar I hosted just a couple of days ago, w

here

tens of thousands of people signed up and the next thing I saw, these things were being uploaded everyw

here

. youtube and I said: I'm going to film this again and make it public due to popular demand and then the audience will be able to do whatever they want with this information, so with that being said, let's get started. Let's get right to it, so first of all, we'll learn a few things today: the difference between a market crash and a recession, why recessions are important, how to prepare for them, and how to make millions, whatever the dollar amount to you. during and after a market crisis, so in my opinion I believe that a market crash will occur within six to 24 months and the only reason I put that at six to 24 is because the Federal Reserve and our politicians are trying to the White House is trying to do whatever. they can do it through a purely bogus way of raising interest rates or, you know, a different type of rebuilding, better plans, whatever they're going to do to put money into the system to delay this market crash in the The looming midterm recession is around the corner, so it could be six months, it could be 12 months, it could be 24 months, but the looming recession will probably be announced much sooner, it could be in July, it could be in the fourth quarter, but that's coming soon too, but I'll give you some of the tools that I want to use to be prepared for this, so my market crash philosophy that I follow and I'll explain to you exactly how this has impacted my life number one is every maybe like this comes and I don't think a moment like this is going to come for 20 to 40 years, maybe not even in my lifetime, because it's the perfect storm of what's happening today with how greed came and they asked us that we stayed home, but money was sent home, we printed trillions of dollars and a big part of it went to the rich, some guys went from being worth 20 billion to 300 billion, from a million dollars to 300 million dollars and then some of them are going to correct today and then you will know at the same time inflation gas Ukraine Afghanistan there are so many different things that are affecting at the same time the 128 month economic expansion that is affecting us so if you are prepared for it , this is when you add the next zero to your net worth, if you are worth 100 grand, you should be worth a million dollars in the next 12 24 36 months, if you are worth a million, you should be worth 10 million dollars if you are worth Okay the Next two three years, if you're worth 10 grand, you should have a hundred thousand dollars, maybe even a million dollars, but the key is to chase the next zero, your next zero, whatever that zero is, maybe now you can say "pat i." I'm only worth a hundred dollars, well then go to two hundred thousand dollars, it doesn't matter what it is, but chase the next zero, that's how I process it.
warning the biggest market crash of our generation is here

More Interesting Facts About,

warning the biggest market crash of our generation is here...

Number two is that recessions are a good thing for the market. God knows we need today's recession. Yesterday I had on the podcast, the gentleman who invented the currency, the phrase quantitative easing, worked for the Japanese Bank of Japan, worked for everywhere, all over the world, graduated from Oxford, all this, economists and we had a debate of back and forth, but I think we really need to go through a recession and our politicians need to allow this to happen, but it's actually good for the market. I will explain to you why it is the best time to build wealth and only prepared people will prevail during this. time, so if you see this photo, that's me, I think this is day two or three at morgan stanley dean witter, this is a uh, I started with them a day before 9/11. and that's my cubicle, the lady in the back was one of my coworkers who hired us the same day, her name is Seoul and the gentleman who hired us, Dave Kirby, sat us down and only one of us was supposed to be we would get the job.
warning the biggest market crash of our generation is here
She was obviously very overqualified at UC Berkeley and I. I wasn't qualified but she both liked us, she gave us the job and said you guys had to share a computer screen together, which you don't see us on the right, she was a genius, I think she got like a 1560 on an s8 . our coworkers taking a photo, don't let that smile fool you, no one was smiling because the stockbroker on the corner who was making 700 grand in 12 months his income dropped to 70 grand, he wasn't prepared to I was playing a lot of golf. a lot every day and you know he didn't see this event coming and then the next thing that happens things happen but Dave Kirby had a meeting with us and everyone was scared and he said it was going to be the hardest time to stay in this business.
warning the biggest market crash of our generation is here
It's not a good time to stay in business, but if he does in the next three to five years, the opportunity will be great for you, so the 2001.com bubble happened. I started on 9 10. It was the worst time for Let's start with Morgan Stanley Dean Witter. We had 3,600 employees at the World Trade Center when the World Trade Center collapsed. I was supposed to go to New York. They changed our training and instead I went to San Francisco and before the next recession while this was happening. That's when I made my first hundred thousand dollars, keep this in mind, I'm not a qualified guy, I'm a military guy without a four or two year degree, I'm a bodybuilder right now, that's what I do.
I want to do, I want to be Mr Olympia, that's my dream and then I moved into the financial industry, so I'm not the guy that's supposed to make the money, but I made my first hundred thousand specifically in savings, that's what I do. I'm talking. and then I discontinued it, so I opened my own offices and sure, this is me in a photo sitting in front of my computer, look at that headset, by the way, those are old and I think I'm wearing a camel hair jacket. I'm sitting there, you know, working on some projects, but this is 2007 2008.
This photo was taken in a building 8550 uh North Balboa Boulevard in Northridge, California, right across from uh Roscoe and North and uh Balboa, so I'm sitting there in this point. I am following everything that is happening in the market, my savings, my investments and some things happen at this point in this image. I have about half a million dollars in savings. I started my own insurance company a year and a half after October 2009, probably. the worst time to start because it was when aig was almost going out of business. the insurance companies at that time had nothing to lose, they struggled with business and we grew from 66 agents today we have over 20,000 agents across the country but before the next recession right now with a million dollars in savings Let me continue, this continues.
Covid happens in 2013. The 2014 market crash happens in 2020. Financial assistance where a lot of people were taking ppp loans, we didn't take the ppp loan we had. In a meeting with our board of directors they said we can get about four million dollars and I said I will not accept four million dollars. I said why I said why would we take four million dollars when we have 15 million in reserve. Why would we do it? that we're not going to do that, let other people take that money, my son thought I was crazy anyway, years, a year and a half later, at an event we had at mgm, one of our board members , who is the CEO of Oak Tree.
The capital management of one of their divisions came up on stage in front of everyone at MGM Grand during and said, "Hey, one thing you guys don't know is when Covet came in and we could have taken four million dollars. Their CEO, Pat, "He said he won't accept four." million dollars because he doesn't want to accept it so this is not a guy who talks about capitalism he actually believes in that stuff so a lot of people are getting financial assistance and I saw so many restaurants go bankrupt I said they need the money I don't need it right now, we'll be fine with it, but the people who need it are allowed to take advantage of it because they're officially told they're a uh, what's the? word that they are not an essential business, these non-essential businesses, it was a difficult time to be in the restaurant business during that time, but for our business we went from 100 sitting face to face with customers to all of a sudden I can't see to my clients because I have to zoom we didn't know how to do it we made a shift right away so when that crisis happened I was scared I didn't know what to do I got home after a flight coming back from beverly hills hilton had a meeting with my hoya board of directors gabriel brenner all these guys they all canceled because of kovit so everything is happening that was the day Disney closed you know nhl closed nba closed donovan mitchell was coveted by Rudy Goldberg he was angry that was the day I was in the 23 hours with my wife and three children with my nanny we flew back we took the family home I went to the office I was there until three o'clock in the morning studying saying what the hell is a pandemic how ugly can it be this how the market can react how the market will react nine times out of ten the panic is so great that people panic and suddenly we recover in six months Later, ninety percent of the top ten pandemics we had in The United States recovered six months later, the only one that did not recover for six months, 12 months later, was eight.
Everything else we recovered from, so I said, "Okay, we're probably going to do it." recover, but how are we going to sell now that I can go to people's houses? We changed, we went to zoom 90, it was zoom 10, it was face to face and then during this time, because of the adjustments we made, just like some of you are seeing this. you can be in real estate, you can be a stockbroker, you can be a digital marketer, you can be a content creator, you can be a pharmaceutical salesman, you can run a different company, you can run a restaurant, you need to do the proper turns right now. and don't just sit there being casual like a lot of people in your industry will be because the company graveyard is going to fill up over the next 12 to 24 months with CEOs and founders who didn't change quickly, they were like Yeah, no big deal, people He's just trying to scare us, okay, no problem, what am I going to do?
I only have seven thousand dollars left in my bank account. Exactly, you underestimated the severity of what is about to happen and you are paying a price. For this reason and not only are you and your 22 employees not paying a price for it, this is why it is very important to study material like this and make urgent decisions quickly, not sit around waiting for two years to see what will happen anyway during this Many opportunities arose for me when people panicked during that time. I got a call from a guy who had two Wayne Gretzky cars and wanted to sell them for half a million dollars.
I bought it for both of them for 540,000. A year later, a year and a half later, I sold it for 2.1 million dollars, okay, and those cars took off and, by the way, if I had kept it one more year, one of The cars would have sold for three and a half million dollars, but the point is that I went from four 540 thousand dollars to 2.1 million dollars, so easily a million and a half dollars that was made there that does not include other investments that were made that I'm real estate other things I made money with the point is When people are afraid money is made by people who have cash and can make decisions so stay with me as we go through this so I went from having six figures in savings and net worth went from six figures to seven figures and then to eight figures. nine figures so everyone should be chasing the next zero I'm chasing my next zero you should be chasing your next zero whatever that zero is for you but during these scary times everyone panicked I took a different strategy simply because back then The days I panicked I wasn't making any money, so I'm sharing with you some strategies that work for me.
Now how worried should they be?medium, they are going to meet you. We announced the zoom, uh, uh, that was doing this market crash and all I'm doing with the powerpoint was on a private zoom webinar that you knew what it was like so we said yeah, we're going to have a few thousand people like that. . We are receiving complaints on Instagram. I'm trying to move on. I'm trying. To understand it, I'm trying, yes, because all this was: thousands of people were there for an hour and a half and then tens of thousands of people signed up to want to see it, they still want to see this, they ask each other.
Where is this? where is that? Where is this? Can I get a pre-corona? I miss this I miss that I am you know why because people want to listen today because they are afraid of this message a year ago no one was afraid of everyone bitcoin was at 69,000. everyone's stocks were killing everyone's portfolio it was amazing everyone's portfolio everyone's real estate was amazing no one was afraid people are willing to listen and those who can earn at the highest level can monetize fear I am a father of four you know when my children listen to me and I can help them improve when they are a little afraid when they are cocky and not afraid they don't listen when they are a little afraid I can Don't give them advice, they will receive it.
You were like that. I am so. It's called human nature. Understand this concept of how fear works. Number two. The lazy and arrogant about leverage will be filtered out. It's unfortunate. So maybe you're seeing this right. Now you don't like this comment I'm making, you will be filtered, I hope you are ready for it, which means it's not too late to change, start working, be humble and stop being over leveraged, it's okay, because winter is. come on it's not too late to change but those of you who stay lazy and arrogant with excessive leverage it will be a bad season for you the next two years you will become profitable which means if you say you are going to do something , do it if I'm going to say you're going to go on zoom if you say you're going to go do a meeting if you say you're going to meet a deadline a number a commitment do it the market is currently desperately looking for leaders and people who say what that they are going to make point that they say that they are going to do what they are going to do you make the market is going to want to work with you because at this moment there is a lack of people like that number four strengthened numbers um join a community like right now I wonder if we launched our new website today vitamin.com we have been working on this for a while because everyone asks community community community so we have a few different levels so we have a private social network that we just announced where valuetainers from all over the world work together regularly if you don't see them if you go to the vault conference you know what I'm talking about, but if not, there is a social network that we just launched for Valentine's Day that they can talk to each otherother, what strategy are they using?
How are you doing with this? Can I get a referral for an accountant? What are they using with lawyers? How do you guys manage what you think about real estate? How are you handling content creation? What are they doing? this gunshot com podcast, what do you guys think about this miniature? That community, join a community if it's not ours, join a community, join the community because strength is in numbers when you're going through a season like this, it will help you if there are others. people who are also going through this where their strategies become your strategy your strategy that is working becomes their strategy join any winning community today don't do this as a loner this is a bad time to be a loner this is a bad time to do all this alone, you are not going to win if you try to do this alone, you need to be part of a community.
We'll put the link below to the vitamin community, which you'll find out how to be a part of. that, but anyway, if it's not ours, join a community. I think our community is the best because they are fun, they are smart, they like to work together and they are winners, so if you want to be in an environment like that. that's our community that's the valuetainers if that's you you might want to join our valuetainer community so strengthen the numbers number five and by the way the part that would strengthen the numbers for me would be last night I'm smoking a cigar with Matt and Mario at the house in a backyard we're smoking a cigar we're watching the games like midnight 11 30 and you know Boston's back anyway we're having a conversation together and Matt's like a pat so what are you thinking right now when you're talking about adding the next zero, what's on top, where are the shooters having dinner too, yeah, that question talked about and the conversation continues to the house, I said one thing, he said what I said, recruiting, What do you mean, I said, I am, I am? in the recruiting game because I believe in strength in numbers talent recruiting sales recruiting investor recruiting publisher recruiting I'm recruiting salespeople I'm recruiting executives hardcore executives middle management I'm recruiting the talent to start your podcast here with valuetainment I'm recruiting executives my insurance company.
I'm recruiting. All I do is recruit because every time you want to get better, like when I was single, you're recruiting a spouse. If you're single, you're recruiting friends. You're recruiting running mates You're recruiting Strengthening numbers is about recruiting all of that, so you have to be in the right community to be able to recruit the right type of people. Create a cause that your company can really get behind. You know, when I first did it. I got involved in insurance it was like you know I'm just selling insurance so there's more here oh money there's a lot of money in insurance you know I'm a 22 year old guy a 21 year old guy so what are you thinking? about money and all that, and then suddenly I started making money and started enjoying the good things that come with my travels around the world.
I go to more than 30 countries and I'm still 28 years old. I'm in all these different places, oh my gosh, I can't believe I experienced this. Okay, great, and suddenly it hits me. I think: Okay, now you have some money in the bank, now you have a girl. you're dating who you wanted to date now you've traveled the world now you've spoken in front of hundreds of thousands of people uh your dad told you he's proud of you your mom told you she's proud of you you've heard the magic words now what because everything it was logic logically it was okay emotionally I wanted fire I wanted fire I wanted to see fire in my eyes everything I saw was logic so I started trying to recruit fire in 08 it was a very strange year for me men, when our age changes, that nine is the scariest number in man age sometimes a woman is fine but more men means 19 scary because you're about to turn 20. 29 scared because you're about to turn 30. 29 39 you're about to turn 40.
You know , I was 29 and man I was here, I'm going crazy but I wanted to find something here so I finally went and found my cause and by July of the 15th I was dressed. As George Washington, my wife was dressed as Lady Liberty Liberty, I hosted an event again in Palm Desert and I stood up and said, we will save America by bringing back the free enterprise system and hope for American families. Capitalism captured my heart because it was allowed to an average guy, I'm a normal guy, I'm not four or two years old, I have a normal guy like me who almost went and spent 20 years in the army because I didn't see a way out of my life . changed because of capitalism I had the opportunity to compete with everyone else it was the ultimate great equalizer and that allowed me my dad to live another 20 years my dad just celebrated his 80th birthday he had a heart attack at age 44 while he was in the waiting room and his mother was in the hospital doing a heart checkup he is not 44 this was 1993 1994 he is in the waiting room he collapses they are doing open heart surgery do you want to tell me that god gave me 10 more years of myself dad in my life you want to tell me that I am 15 years older my dad is 80 years old today my children have a relationship with them I mean that's where this fire comes from you have to find your fire this moved me I fell I love what America did to this guy.
I have lived in Iran. I have lived in Germany. I have lived in many different places. I fell in love and I want to share this passion with the world. It's okay, I come from a different place. place and it happened in 08 during a recession look at the time my wife was next to me in the car she was my girlfriend at the time she's like what's up with this guy? You're so angry sometimes you are What's going on with you? I'm trying to recruit my cause for the rest of my life and I got it and it's been on ever since.
Oh wait, it's been 14 years. Now you have to go recruit your cause today. Don't take it lightly. I don't know what your cause is but go find your calling today a cause that makes you a leader responsible for acting not a cause that makes you it's unfair you're a victim that's why you don't see me I don't care about those things I'm from the Middle East and I started this business and right after 9/11. What happened to September 11? Who looked at those from the Middle East? How I look? I'm from the Middle East so imagine how many I went on a date once my husband and wife say so can I ask where you are from sir?
I told him that I am from Iran, I was born and raised in Iran and I say it with pride. We appreciate him being in our, I will never forget him. This appointment we appreciate you being in our home and coming here, but this may sound awkward and we hope you take it with respect. Yes, I am 23 years old. Can you send us someone else? We feel a little uncomfortable doing business. someone from Iran I didn't walk away and cry about it I walked when I said interesting well I can't blame him look what just happened there I can't blame him the first place they go is they think of someone like that cool I sent someone else into business with us , but I didn't sell it.
I received the split commission. I didn't go cry to my mom and dad. I'm a leader, you're a leader, so whatever you cause. come on, you go out, make sure it's a cause about you leading the next cut the fat cut the fat with friends cut the fat with negative colleagues cut the fat with employees coworkers you have lunch with every time you go to lunch these guys they and you come back arguing with your boss your boss didn't do anything wrong the people you had lunch with did things wrong they imposed hate on your boss so you came back and had a fight with your boss that you actually get along with your friends the ones you don't have arguments with your girlfriend or your boyfriend or your husband or your wife your friend who is so negative because all he does is his wife or his husband and that energy came to you and you came home that night and you fought with your wife or your husband cut the fat get rid of that person cut the fat and move on with that person okay, you have to do this right now find your running mates who will double the positive distractions in your current life, a distraction Positive could be reading the right books, watching the right documentaries, being in the right community, socializing and networking with the right killers, people who are doing great things, killers to me are people who are chasing it, they are chasing something. right, these are people who are going to be around them, let them be your positive distraction in your life, equip your team with all the audibles possible, if this happens we will do this, if that happens we will do this, but if this happens, we're going to do this first, then this, then this, then this and to prepare all this, we're going to buy this software, we're going to hire this person and we're going to invest in this, this is how you prepare. and call the audibles and equip your entire team for that last but not least number 10 increase your urgency level don't move slowly move as soon as possible number one last piece of advice I'll give you before we finish here as we move forward I said this before when I said strength is in numbers, don't do this alone, go find a community.
I'm a byproduct of that. I was lucky to be in a good community in the military. I'm still friends with those. guys until today I was good for them they were good for me many of them became one and one at the highest level in a different field because we were part of a strong community their strength in numbers okay while you go through this no Don't do this alone, have this video, watch it with your husband and wife, if you are married, don't make these decisions, but I will ask your wife, baby, can you watch it with me, honey, watch this with me, have your mates formula? what are your business partners look at this together what is our strategy next what do we want to do in the future what is my game plan when I went through this I'm like I'm going to this conference I'm attending this I'm going to that, it's 2014 2015.
No. I have no idea what it's like to be a CEO. I am a great salesman. I am a great sales leader. I am a great leader, but noI am executive director. Don't know. What was it like to be CEO? What do I do? I spend 49,000. I'm going to a CEO or Harvard management program. I can't tell you anything. I remember what the instructor said, but I vividly remember the guy sitting next to me. the CEO and founder of the victoria secret lingerie company in new zealand and australia had six thousand employees seven stamps that reported a figure like that and all he did was teach me how to be a CEO those three weeks that 49 thousand dollars was 450 million of dollars to me for what I did.
I didn't want to go through that alone. I was in a room with 144 other C-suite CEOs and founders from 64 different countries. We were together. There is a community. Move around a community. of people to learn how to do this with them there are mistakes they are going to share with you don't do this this is what I went through so don't try to go through this on your own and I'll tell you like the story I told when I went from 100,000 to a million dollars or 10 million 200 million to all this. Let this be the initial season where you will share this story with others and there are a lot of people doing it too.
There is nothing special about me, there are many people like me out there, by the way, many people like me are winning, why not you when you reached this level? Why don't you make a decision today? You could be watching this in the bathroom you could be in. the car right now listen to this you could be in the living room looking at it for the second third time you could be anywhere right now looking at the saying this is my season I'm going and then go turn it on just stop trying to do it like a loner, alone, find the community , find the right running mate, so a couple of things I want to wrap up with number one, join the vitamin community that we have, to be a part of the vitamin community, we'll put the link below, whatever.
He will be on vitamin.com to work with our community. By the way, today's powerpoint that I just gave you, I don't know how many slides it is, oh, it's 60 slides if you want to get the slides, uh, we. We will give it to you for free, click the link below to subscribe to our newsletter to get started and you can do so and we will give it to you for free in pdf or powerpoint and if you would like to join. In our community, you will also see the different options to join the vitamin community, but I can't wait to hear your stories about this.
I can't wait to hear your success stories on this. I can't wait to hear your stories directly. in our community there are private webinars that I do in our community. I can't wait to hear more comments about what your

biggest

takeaway was from this video and if it was extremely valuable to you after watching this video, please share this video with someone else. give us a subscribe button, give us the thumbs up and share it with someone else, but whatever you do during this season, make sure you take massive action because lord knows the next 6, 12 and 24 months will definitely demand that kind of action, take everyone, goodbye, goodbye.

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