Where do we go from here and what is real?
Banking meltdown, Restrict Act, Interest Rate hikes and BRICS challenge of the $$
đ Hello Everyone. I know the news cycle is quite overwhelming right now and itâs tough to know what to believe and what to dismiss as simply fodder and misdirection. There are serious talks of war with China, BRICs moving away from the US Dollar, further corrections in the stock market and housing sector and the question remains - Is this all part of the US Governments plan to crater the economy and create fear and panic ahead of their July launch of FedNow. Keep your eyes and ears open as you will be fed a ton of information talking about all the great points of this new monetary system but there is more than what meets the eye. This is just another step towards governmental control over all aspects of our finances. More to come.
đŁ The RESTRICT ACT WOW. They lead with the misdirection using the proposed TITKOK ban only to hope that no one notices the egregious language in the Restrict Act. I suggest all of you take a cursory read so you can see what the government has up their sleeves to take further control of us, the US citizens. The key takeaway is - The bill creates blanketed authority with little oversight allowing the US Government to ban anything they see fit that is linked to a foreign adversary. In summary, if they canât control and profit from it, they can ban it and wink wink redirect all of those profits to companies they have financial interests in - Hi META!
Another thing I am working on and hopefully you guys feel its a great idea. Is bringing on experts in the various fields we discuss on the LIVES. We can then cover all topics throughout my lives and try to really focus in the on the FAQs. Let me know your thoughts. I feel it will help really flush out the major pain points and questions in a deeper fashion.
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đď¸ 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. For all PAID community members please note that the private livestream is up and running and I am so excited for what we will be covering this week. It is scheduled every Thursday @ 7pm EST.
đ¸ This is for all of you. As we all look to find the upside opportunities in these tumultuous times, I find it is best to stay calm, open-minded and read read read. I promise you that in every market condition there are bright spots and opportunities for growth and profitability. Take Nvidia, Grayscale, Coinbase, Tesla and many more that are showing great recovery and profit opportunities. And donât forget VOO (up 27% last 6 months) and ROBO (up 28% last 6 months). I have touched on all of these over the past few months and these are definitely some nice bright spots.
đ¨ Will Tiktok get banned? From what I have read and watched the short answer is no. I still believe that a settlement will be reached where TikTok will come to an agreement to house all US accounts and data on US servers. Read up on âProject Texasâ. Again the news cycle is all about misdirection and the TikTok hearing was just part of that. Keep in mind that very little national coverage occurred for a much greater issue - BRICs countries potential alliance against the US Dollar and the potential adoption of the Chinese e-Yuan.
đ¤What is real? The endless question with respect to what can you believe and what is just clickbait. I spend hours digging into every crevice of what are the best opportunities, best practices and just the overall strategies needed to create sustainable wealth - so you donât have to. With so many âfake gurusâ preying on the general public is is my goal to dig in, expose and make sure you guys all get the real deal information. Remember last week and my IUL rant. Well as I unpack that entire category I find more and more ICKKKKK in all of the Influencers pushing it. So letâs keep our eyes on the prize, keep looking for new opportunities and come out of this mess far better off financially. And always remember that if I donât have an immediate answer for one of you, I will make sure that through diligence and my teams research that we unpack the best solutions for any financial or business questions.
Weekly Book Excerpt (The Millionaire Next Door - Thomas Stanley)
ââWealth is more often the result of a lifestyle of hard work, perseverance, planning, and, most of all, self-disciplineâ This quote is a solid reminder that your habits create your outcome. In this modern era of âget rich quickâ we often times forget that creating good habits and disciplines is the best way to building wealth. YES YES I know that sometimes you can find that amazing opportunity that sky rockets you to profitability but for the long term RICH HABITS will will always win for your wealth building journey.
Money Mindset - Weekly insights
Getting wealthy starts with one simple but very important mindset shift. And that is - When you get money you have to think how can I invest it, not how can spend it. A large portion of our society has yet to figure out this very important step and I am here to help.
I am not saying stop enjoying yourself, but this change has to happen in order to get yourself on the journey to financial freedom.
More to come and thanks for joining!