With the roller coaster of inflation, interest rates, and more, 2023 was a wild ride. But the real driving force seems to be the dramatically pessimistic media. If one of your goals for 2024 is to improve your financial health, then you’re in the right place. In our opinion, the first step is to ignore market predictions, no matter how scary they seem. They’re usually far from accurate! We have real-life examples and stories to prove it if you don't believe us. After all, the market has shown time and time again that it always bounces back.

Along with a look back at 2023’s good, bad, and ugly, we’ll also be sharing special money-saving tips and insights that are not widely known or discussed. Uncover the secret to locking in a 3% fixed mortgage rate despite the current market, get resources on negotiating college financial aid packages to your benefit, and much more!

Plus, to combat the effects of negative media, we’re setting a positive tone for 2024 by sharing a few major wins from the year before. These include important medical breakthroughs, strides toward eliminating food waste, and even reduced our carbon footprint. You can rest assured that despite what you’re hearing, things are looking up!

“Listen in because this is the first and only time you'll ever hear this, probably in DMG history. Our marketing prediction for 2024 is that the stock market will fluctuate. That's all we can guarantee, folks.”

So, join us on our first 2024 episode of A Place of Possibility as we discuss:

  • Some of the worst market predictions ever and how they negatively impacted the lives of many,
  • Secret money-saving tips to help you navigate 2024 and come out on top,
  • Positive highlights of 2023,
  • How you can save money by being mindful of food expiration dates,
  • And more!

We know this year has a lot of great things in store, and we can’t wait to share the journey with you. Happy listening!

P.S. Looking to meet with Richard or Angela at our office in Alamo, CA? Want to discuss more of what you heard in this episode? Wondering where the heck to get started? Schedule a free 30-minute session and find the peace of mind you deserve for the rest of your life. You can also reach us by calling 925.736.6410 or sending an email to Info@APlaceOfPossibility.com.

“We’ve been saying this for a long time. The media publishes these things because they're salacious and eye-catching. The media will not say, ‘Hey, another year, it's going to be good.’ Don't worry about it. Sit back and go live your life.”

We’re proud to present you with our “Know Your Possibilities Guide,” a tool and free resource for you to take notes, review, keep on hand, or even share with your friends and family. So grab your copy, click the play button, and follow along. You’re just minutes away from discovering your next Place of Possibility.

A Glance at this Episode:

0:00 Introduction

2:55 Interested in seeing how the stock market predictions for 2023 panned out? First, let’s look at what Wall Street Journal author James McIntosh had to say about it.

03:54 No one ever predicted that 2023 would end at an economic high point. What about the recession we were supposed to have?

06:02 We want to share some economic predictions with you, starting with Paul Tudor Jones, whose claim to fame accurately predicted the October 1987 market crash.

06:36 Jones wasn’t the only one to predict a downturn. Citigroup, a large US bank, agreed.

06:48 Morgan Stanley was another one that expected gloomy results for 2023. But their predictions weren’t just wrong – they were the opposite of what actually happened and increased by 14%!

07:09 Jeffrey Gundlach, founder of the extensive DoubleLine investment portfolio, was another one whose predictions were far from what happened.

09:01 Would you believe it if we told you that The Wall Street Journal announced that the 60-40 Portfolio was dead?! Boy, were they wrong.

10:20 Curious about what crypto execs are expecting from 2024? We’re confident they’re wrong, but they predict that Bitcoin will go up to 100,000 this year.

11:01 In this segment, we share some insights about market predictions. Spoiler alert: They are typically wrong and predict the worst to make headlines.

12:44 Did you know anyone can pay to publish an article in Forbes magazine? A lot of what is out there is good information, but it does make you wonder about credibility.

13:47 If you’re a fan of Jim Cramer from CNBC’s Mad Money, we’ve got some disappointing news: His predictions are wrong over half the time.

14:34 Here’s an important tip for investing wisely in 2024: Invest your money, stay invested, and ignore the “experts” with the headlines.

15:23 If you’re worried about ominous market news, don’t be! Look at the market's past performance and do the math, the numbers speak for themselves. You can’t worry about day-to-day market movements.

16:25 Hold onto your hats because we’re giving you our official market prediction for 2024! Tune in now!

17:25 Making financial decisions based on market predictions can be detrimental. Here’s a story of someone we knew who made that mistake.

18:17 Did you know there is a way to still get a ~3% mortgage rate, even in the current economy? Listen in now to find out how!

21:55 If you or your child needs financial aid, here’s a tip: Financial Aid Packages are completely negotiable. Here are two resources to help you make moves: MeritMore.com and TuitionFit.org.

23:45 If you want to save money this year, consider reducing your food waste. After you hear some of these statistics, you’ll think twice about tossing anything out prematurely again!

27:47 Reducing food waste can seem like an impossible challenge. However, the UK has given us hope by doing away with “Sell by” labels, which has decreased food waste by 18%.

28:51 While most of the media focus on bad news, we want to take the time to discuss some good things that happened in 2023, beginning with a major medical breakthrough that could improve the lives of many Americans and even reduce healthcare costs.

29:44 Another area where we made great strides is in repairing the climate. This includes a healing ozone layer and decreased carbon emissions.

30:28 Regarding the economy, we did better than anyone could’ve predicted in 2023, avoiding a recession and reducing unemployment, among other wins. Listen in to get the full scoop.

31:24 Savings limits are increasing again for 2024, so press play now to hear what you can do to make the most out of your savings!

33:44 Thank you so much for joining us for our first episode of 2024. Stay with us to find out how you can get your free copy of The Investment Answer, or get in touch with us.


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Links/Resources Mentioned in this Episode:


“One-size-fits-all” won’t fit you here! The Del Monte Group team understands that everyone’s financial goals are unique. That’s why we always provide customized advice. No matter where you are in life, you can depend on our proven expertise to provide financial planning support for long-term success. Ready to get started? Schedule a meeting with Richard or Angela in our Alamo, CA based office today or we can meet via Zoom! >> You can select a date and time that works for you via our calendar, call us at 925.736.6410, or send an email to Info@APlaceOfPossibility.com. We can’t wait to help you!



Past performance is no guarantee of future results.  Different types of investments involve varying degrees of risk.  Therefore, there can be no assurance that the future performance of any specific investment or investment strategy (including the investments and/or investment strategies recommended and/or undertaken by Del Monte Group, LLC [“Del Monte”]), or  any consulting services, will be profitable, equal any  historical performance level(s), be suitable for your portfolio or individual situation, or prove successful.  No amount of prior experience or success should be construed that a certain level of results or satisfaction will be achieved if Del Monte is engaged, or continues to be engaged, to provide investment advisory services. Del Monte is neither a law firm, nor a certified public accounting firm, and no portion of its services should be construed as legal or accounting advice. Moreover, you should not assume that any discussion or information contained in this document serves as the receipt of, or as a substitute for, personalized investment advice from Del Monte. A copy of our current written disclosure Brochure discussing our advisory services and fees is available upon request or at www.delmontegroup.com. The scope of the services to be provided depends upon the needs and requests of the client and the terms of the engagement. Please Remember: If you are a Del Monte client, please contact Del Monte, in writing, if there are any changes in your personal/financial situation or investment objectives for the purpose of reviewing/evaluating/revising our previous recommendations and/or services, or if you would like to impose, add, or to modify any reasonable restrictions to our investment advisory services.  Unless, and until, you notify us, in writing, to the contrary, we shall continue to provide services as we do currently.


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