The Money PodcastThe Money Podcast

Why Is Warren Buffett Selling All His Stocks?

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Warren Buffett is warning us of potentially the largest financial crash we've ever experienced. He’s offloading tens of millions in stock, and in this episode, Rob explains what this means for you, and the market and reveals some shocking truths. Rob also shares the best assets to invest in to shield yourself against a crash and maximise your potential earnings.

KEY TAKEAWAYS

  • Even the largest banks are trading insolvently, putting all our savings at risk of vanishing overnight.
  • Only 10% of deposits are kept in reserve, making them vulnerable to bank runs.
  • Warren Buffett's sale of $7 billion in Bank of America stock signals potential trouble in the banking sector.
  • Rob advises keeping minimum amounts in bank accounts and spreading money across multiple banks to mitigate risk.
  • Real estate remains a strong investment due to high demand and relatively low interest rates in the UK.
  • Rob predicts a significant market crash, potentially the biggest in our lifetime, with mid-2025 as a possible timeframe.
  • There are risks associated with exit taxes and unrealised gains taxes, they could stifle investment and economic growth.
  • Diversification across physical and non-physical assets is essential to protect wealth during economic downturns.

 

BEST MOMENTS

 "If Warren Buffett is selling 7 billion of Bank of America, if you've got any shares in banks, sell them."

"Mark my words. If you leave money in savings accounts or current accounts, in mainstream banks or even challenger banks, that's a fucking risk."

 "More millionaires are made in recessions than any other time in the cycle. Observe the masses, do the opposite."

"Your spending power is the lowest it's been since the second world war. It's the lowest it's been in a hundred years."

"Basically, this is all socialism and communism. This is where it comes from. Communism. State owns everything. Socialism. We take off the rich. We give to the poor. Capitalism, we're all equal, and we distribute and tax based on merit."

 

VALUABLE RESOURCES

https://robmoore.com/

bit.ly/Robsupporter  

https://robmoore.com/podbooks

rob.team

ABOUT THE HOST

Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur”

“If you don't risk anything, you risk everything”

CONTACT METHOD

Rob’s official website: https://robmoore.com/ 

Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs

LinkedIn: https://uk.linkedin.com/in/robmoore1979

 

See omnystudio.com/listener for privacy information.

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The Money podcast, by best-selling author of “Money”, Rob Moore, will dive into how to make, manage  
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