Whats Next in the markets? Should we be fearful or excited?

I feel there are some great opportunities on the horizon for all of us.

👋Hello Everyone. Welcome to the Money Mindset. I appreciate you joining and providing me with a little patience as I get a handle on everything within the community and throughout all of the new business that revolves around my personal brand. Moving forward the newsletter will be posted every Wednesday at noon. To be honest I bit off more than I could chew when we launched this platform but I am rallying strong and ready to crush it. 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. Now I cant take credit for this awesome idea (thanks Austin Hankwitz) but I love it and think its a great addition for those that might miss the lives or want to reflect on them later.

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.

📣 The past week has been a wild ride for me and I am sure some of you. The news cycle is an endless loop of uncertainty. Banking crisis, where is inflation going (c’mon Fed), and endless talk on all sides about the how bad will this recession be! But and there is always a but - there are still bright spots everywhere we look. Mortgage rates are easing a bit and should come down further over the next 12 months. Bitcoin and cryptos are on a nice run (who listened 30 days ago when I discussed this) and there are some nice opportunities with high yield savings accounts and I bonds right now.

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🎙️ I am also really excited about how quickly the podcast has grown. So thank all of you that have downloaded and given it a listen. 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. Also big news for this week - The private Livestream is on the weekly schedule! So for the paid subscribers we will be live every Thursday at 7pm EST.

💸 This is for all of you. 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 to death of what to do next? I know it might seem overwhelming but remember we have been down this road many times before and it will subside and things will get better. Remember the famous John D. Rockerfeller quote “The Way to make Money is to Buy when Blood is Running in the Streets”. And what this means for you and me is - That in times like this when everyone is running scared the rich are gobbling up opportunities. So that is what we are going to do. Find the opportunities in beaten down stocks, cryptos, real estate and take action. 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 topic this week and it really bugs me is the proliferation of scammers and fake accounts and how it affects business influencers like myself. As much as I state daily on my lives and stories that I only have one account on TikTok and 1 on Instagram people still fall for scams using @robert_croaakofficialll23 and other (there are at least 100) iterations of my account name. So PLEASE everyone realize I will never ask you from a different account to give me money or join me on a different platfrom. If it doesn’t come from me or from my links in BIO it is not me. I hope this helps.

Also for this week the fear of losing your money in the banks. Please keep in mind that if you have under $250K the FDIC will protect your money. If you have over $250K in any one bank than I strongly suggest moving some money around to 2-3 bank for more diversification and further protection.

Weekly Book Excerpt (Rich Dad Poor Dad - Robert Kiyosaki)

“‘An Asset is something that puts money in my pocket. A liability is something that takes money out of my pocket” Love this quote and the simplicity of it. So many people simply don’t look at the financial implications of buying too many liabilities. Once you learn this distinction it really opens your eyes to one of the best concepts in financial literacy and that is - buy assets that cash flow to pay for your liabilities.

Money Mindset - Weekly insights

On your wealth journey many of you do the heavy lifting by working hard in your jobs and businesses yet as you start to build your savings and investment capital you forgot one main and very important step - Make your money work as hard for you as you worked to get it. PLEASE READ that again. I see this daily that so many of you have built up a nice nest egg but then you either leave it sit in savings (not making any money) or you put it in a 401K and just leave it with hopes that it will grow. This is not a wealth or investment strategy and I am here to help change that.

My goal is to provide insight and guidance to make sure you stay on top of your finances whether you are 20 or 60 years old. Your have to have velocity with your money at all times. Parked money is DEAD money. So take a look at your monthly budget, get inside your 401K or other investment platforms and really make sure you know where you stand and if its right for you. This is key to making sure you reach your wealth goals over time. If you feel overwhelmed you can always reach out to me and I will set you up with a consultation call to talk things through.

More to come and thanks for joining!