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NEW YORK (FOX 5 NY) - Financial guru Tony Robbins says plan now for what's to come. Things may be looking rosy on Wall Street as of late, but the crash will come. "We are in a really artificial situation. There is a new high, on average, every month. Feds around the world have been printing money," said Robbins. In his new book, Unshakeable, he breaks down what to do when things go bad. "Instead of selling, you want to stay. The stock market is the only thing that goes on sale for 50 percent off and everyone panics. A bear market is the greatest opportunity of your life. In two centuries of American history, a bear market is always followed by a bull market," said Robbins. Two moves to make when things go south: 1. You have to become an owner not just a consumer. If you own an iPhone, you should own Apple (stock). 2. Understand the power of compounding. Keeping your money in the market will lead to big returns in the long run. 100 percent of proceeds from 'Unshakeable' will go towards Feed America. "We fed 100 million people last year. In this country, 47 million people go to sleep each night not knowing if they'll get a meal in the morning," said Robbins.
Say hello to the decentralized economy -- the blockchain is about to change everything. In this lucid explainer of the complex (and confusing) technology, Bettina Warburg describes how the blockchain will eliminate the need for centralized institutions like banks or governments to facilitate trade, evolving age-old models of commerce and finance into something far more interesting: a distributed, transparent, autonomous system for exchanging value. TEDTalks is a daily video podcast of the best talks and performances from the TED Conference, where the world's leading thinkers and doers give the talk of their lives in 18 minutes (or less). Look for talks on Technology, Entertainment and Design -- plus science, business, global issues, the arts and much more. Find closed captions and translated subtitles in many languages at http://www.ted.com/translate Follow TED news on Twitter: http://www.twitter.com/tednews Like TED on Facebook: https://www.facebook.com/TED Subscribe to our channel: http://www.youtube.com/user/TEDtalksDirector
Bloomberg Global News brings you live coverage of the markets open and close, plus everything you need to know across business, finance, technology, politics and more daily. To watch complete markets coverage on Bloomberg Television 24/7, visit http://www.bloomberg.com/live, the Bloomberg mobile app for iOS and Android, and on Apple TV, Roku, Samsung TV, Amazon Fire and Google TV. Connect with us on... Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness/ Instagram: https://www.instagram.com/bloombergbusiness/
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