When many people take to Twitter, they post only one or two messages, then move on to the next subject. However, in the case of Shervin Pishevar, his message required a bit more than one or two messages. In fact, during a recent 21-hour tweet storm, he sent out an amazing 50 messages that covered a variety of issues regarding the United States and world economies. And judging by the reaction to his tweet storm, it’s clear there are many people very interested in what Shervin Pishevar has to say.
For starters, Shervin Pishevar warns those individuals who are heavily invested in the U.S. stock market to get ready for a major drop, perhaps as much as 6,000 points over the next year. Basing his prediction on current activity within the bond market, he sees this area of the economy as very volatile, and thus unable to sustain its current pace. However, rather than simply sound an alarm and move on, he does offer a viable solution to investors. According to him, taking money out of stocks and instead reinvesting it in gold will more than offset any potential losses.
After finishing up his messages about the stock market, it was time for Shervin Pishevar to provide his thoughts on Silicon Valley. According to him, companies in this part of the United States should also prepare for sweeping changes in the high-tech sector. Believing these companies have now fallen behind foreign competitors, Shervin Pishevar feels an in-depth evaluation of these companies is the only way to help them regain their place at the top of their industry. As nations such as China have invested heavily in research and development, staff training, and technology, Silicon Valley must do the same. Otherwise, they should expect to be second-best for many years to come.
And when people thought he may have been finished with his storm, Shervin Pishevar instead took on virtual currency Bitcoin. While a believer in this new and innovative type of currency, he forecasts a drop of 5,000 points with Bitcoin, before seeing it rise yet again to become profitable.
The vice president of the sales and financial distribution in nationwide life insurance company David Giertz is one of the world known financial advisers. He took four major exams, General securities principal examinations, Municipal Securities principle, uniform securities agent state law examination and general securities representative examination between 1986 and 1994 all of which he passed. He started working at Mony Securities Corp in 1988 and moved on to other insurance companies like The Mutual Life Insurance Company of New York, Citicorp Investment Services, Mony Securities Corp and Financial Horizons Securities Corporation before he ended up at nationwide life insurance in 2006. His commitment in his work at the company has borne fruits and is now one of the major vice presidents of the company’s subsidiaries.
Giertz is also a licensed broker and could work in any company whose business involves the sale and purchase of stock, bonds and other forms of securities. Apart from his leadership roles and his involvement in security brokerage, he also conducts investments advisory services. Most recently, he gave a talk on the mistakes that could lead to smaller retirement. Gierz is also of the opinion that if people take up social security too early they are likely to lose thousands every year.
In a column by wall street journal wealth advisor, David addresses the question as to why most of the financial advisors are reluctant to speak to their clients regarding social security. According to him, most of the advisors are not confident with the many social security rules. They also lack the understanding on the same and thus cannot elaborate something they do not understand to their clients. However, a recent conducted on people some of them retired and others a few years before retirement show that many of the people wish to discuss this topic with their financial advisers. Some of them would go as far as switching their advisers if they failed to do this simple task. https://angel.co/david-giertz