What will happen to the dollar? And finding the bright spots in the market!

Should you hedge your bets with Gold, Silver and Crypto????

👋Hello Everyone. Welcome to the Money Mindset. I appreciate you joining and coming along on this amazing ride with me. We have so much to do and learn. I hope to be a guiding light of fresh information and light hearted mindset shifts to help you really optimize your finances and quality of life. I am here to learn from you also. So if you have questions for different but related topics feel free to provide me with feedback so I can make sure that me and my team cover all of it. This rings true to the FREE community members as well. My goal, as always, is to provide as much value as I can to all of you that follow along on my journey in helping others navigate the sometimes tough waters of building wealth.

And for those of you that have joined the paid community I have an awesome update. We are now editing and uploading all of my live sessions so you have access to review them, take notes and share any time you would like. These will be available starting tomorrow April 6th to all paid members. As we build out this community I am excited to provide more FREE content and digital goods to all of you. I am connecting with so many great thought leaders in all categories of finance, business and mindset and through that will be some great GIVEAWAYS for all of you.

📣 What a time to be alive! Everywhere we turn there seems to be bad news and economic meltdowns happening. Are we missing something or is it all part of the bigger reset? Whats to be gained? Is the FED NOW program good for us or part of a bigger overall plan for the US Government to gain even more control over our money?

Let’s dig in. I have read all that my eyes can take on this topic and my takeaways are as follows:

• The Fed Now system will have some upsides (just like crypto) for being able to have immediate transfer capabilities of your money.

• Lower fees and a ton of convenience. No more 3 days to wait for funds to clear.

• Easier access to immediate funding.

So what are the bad things? What are we not seeing? I would say first and foremost will be the further control the US Government will have on our money and spending. They will have a more watchful eye on all aspects of our financial lives and that in essence is the exact opposite of what blockchain and crypto currencies were to provide. So what can we do? That is what I need to figure out. What can we do to prevent this from happening. How do we diversify around it? I believe that the power of the people to not opt-in and the strength of some of the largest blockchain projects will help us battle against the government having too much control. We will be talking about this a lot as things unfold.

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🎙️ OMG the podcast is crushing it and I must thank all of you!!!! Austin and I are so proud of how quickly the Rich Habits podcast has grown and we have already surpassed 15,000 downloads in 1 month. For those of you that have not stopped by it is The Rich Habits podcast on Spotify and Apple. And please feel free to DM me or message on any platforms and let me know your thoughts and takeaways.

💸 Where are we putting our money in the coming months? This seems to be the most common question I get. My thoughts remain the same. Diversify and look for opportunities. In my lives and on my TikToks I have hammered home the same few concepts 1) diversify into gold, silver and crypto (5-10%) 2) high yield savings accounts 3) look at Ibonds, CDs and even some of the bright spots in the stock market and index funds. VOO, VGT, Nvidia, Life Storage, Micron, Lowes. There is money to be made if you can get past the fear and the news cycle. (Do your own research)

Remember that working towards financial freedom is a long game and takes time and diligence. And during that time it is a never ending landscape of change so you have to be up to the task. Building wealth is a game of consistency and continual learning so please keep that top of mind. And what I mean by that is - that building wealth is both a slow game and a game that takes constant attention to ensure you have sound strategies and that you optimize the growth of your invested capital. As I state frequently “You have to make sure you money works as hard for you as you worked to get it”.

🚨Are you overwhelmed by the NEWS cycle right now and scared of what to do next? Let’s start with touching on BRICs and the US Dollar. See the excerpt below:

The BRICS breakout could have significant consequences for the United States. The US dollar’s status as the world’s reserve currency has allowed the country to finance its massive trade deficits and government debt at low-interest rates. If the demand for the US dollar were to decline, it could lead to higher interest rates and inflation, which could have a negative impact on the US economy.

Source - www.cryptopolitan.com

So what does this mean for all of us? My takeaway is that it will mean uncertain times in the US economy but also it will provide new opportunities for all of us in the new financial landscape. Many of you are asking - Will the Dollar continue to crash? I think the answer is yes but the likelihood of a full on collapse is very slim. So rather than falling victim to fear mongers we will continue to uncover the gems of the market, and continue to make solid gains. Always remember that the S&P 500 has averaged over an 11% return for the past 50 years so the moral of the story - This Too Shall Pass!!

🤔What is real? The US Dollar is crashing. BRICS nations are moving away from the US Dollar after decades, former President Donald Trump is on trial - BUT does it really matter? Does it directly affect all of us? The answer is not really. See we are here to learn and react and make sure we are on the good side of all economic cycles that are happening around us. We have to focus on what we can control rather than what we cannot. Wasting our precious days fretting over these things will not bring us more financial freedom, more happiness or better fitness. So although all of these things matter we still have to keep our eye on the prize - our financial lives, health, family, friends and businesses. So although a lot of this is scary we have to remember that this too shall pass and we will always find the way.

Weekly Book Excerpt (Amelia Earhart)

“‘The most difficult thing is the decision to act, the rest is merely tenacity” I think this quote speaks volumes to the topic of analysis paralysis. So many of us struggle with taking action when it comes to our dreams, financial goals or even shooting our shot with someone for a potential relationship. That fear can many times be the difference between a remarkable life and a life filled with regret and mediocrity.

So I challenge you to choose taking action and really living your life on your terms. Remember comfort is where dreams go to die! So let’s journal, take notes, take action and make change. What do you want to do different now and in the future?

Money Mindset - Weekly insights

There is so much going on right now its hard for even me to keep up. Every time I set out to read up on the important topics for all of us I end up down another rabbit hole trying to figure out what is real and what is just governmental misdirection. Like the TikTok hearing - what a shit show and such an embarrassing display of governmental debauchery. All the while we are all sitting here knowing that META and MZ are behind it all. So he spends $10s of millions to lobby in getting TikTok banned while also taking away any pay for creators in the Instagram REELS program. You would have at least thought that META would have waited until they were victorious in shutting down TikTok before taking away the only revenue stream creators have left with Instagram. The greed and poorly executed effort will likely be the further undoing of all things META.

Are you diversified? Do you have a portion of your investable income in alternative investments? If you don’t it is my strong opinion that you should. I like 1) gold and silver 2) crypto - Bitcoin, Etherium, XRP, XLM, and Cardano are good places to start 3) Real Estate. I would check out REITS, syndications or look to buy your fist multi unit rental. All great hedges against a down economy and weak dollar.

More to come and thanks for joining!