Stock Market Wealth
Become A Wealth Machine
Staying at the iconic Waldorf Astoria in NYC, my wife and I went up to our room; we walked the hallways, which are carpeted in beautiful colors and checked out the hung framed pictures of presidents who’d stayed in this very same hotel over the years, along with royalty and celebrities.
Nothing makes precious metals sell off quicker than sentiment turning from accommodative to tight and that happened this morning.
Hailey Arceneaux is from Louisiana. When she was just ten, she came home complaining about aches in one of her knees. Her mom offered to take a look and her family doctor had misdiagnosed it to be a sprain, but her mother wasn’t convinced. She underwent tests when the lump just wouldn’t heal. It turned out that she suffered from osteosarcoma, a type of bone cancer.
I was sitting next to two female classmates in my senior year of high school at about 3 PM Israel time on a sort of field trip when one of them received a text message on her Nokia phone while she was playing Snake. It read: “Two twins killed in plane crash.” It was obviously the wrong interpretation of the news, since the reality was too far-fetched.
During the month of August, my wife and I learned that she is not only pregnant, but she is carrying twins in there!
I love living in the big city. My apartment is located on the 9th floor of a high-rise, situated in a family-oriented part of the city filled with parents with little children, fewer storefronts, and more public parks, green areas, and it’s just ten minutes from the beach.
I’ve been fortunate to have visited 45 countries in my 37 years on this planet, but one remote island that I am eager to set foot upon and explore, still eludes me and it is Iceland.
In the 1980s, Hollywood director Robert Zemeckis was a nobody; though he felt that he possessed talent in making hit movies, the early films he produced were flops. Not only that, but he was a very demanding and uncompromising person, known for screaming and yelling at his crew.
Over the weekend, I spent a considerable chunk of time speaking with a good friend of mine who is a luxury real estate agent, to get his perspective on what the healthcare crisis has done to the housing market.
Since January 1st 2021, the S&P 500 has delivered a 19.68% return. The NASDAQ 100 has done exactly the same, with the Dow Jones Industrial Average clocking a 16.95% return; these are great results, nearly double the historical annual yields these indices provide long-term investors with, which tells me awful lot about what could be coming next!