Stock Market Wealth
Become A Wealth Machine
In the forest of North America, the Lodgepole Pine are among the most beautiful and condensed tree lines. They grow tall and are truly impressive.
Dear Mr. Market, you are obviously a manic-depressive being and you like to push to the extremes, overshooting and undershooting conditions, because, Mr. Market, you are a reflection of us, the buyers and sellers of securities.
Yesterday, the NASDAQ 100 Index fell 6% at its lows, the most since March 2020! In sports, athletes sometimes return to action within days of an injury… it may look frightening on live TV, but these professionals are resilient and very powerful, but even these athletes, at the prime of their career, can fall and stay down for a year.
I want to start by showing you something that shows that markets are like boomerangs, and if you mean leverage in the good days, you’ll get a nice email notification from your broker in capitulation moments:
In 1901, a mechanical engineer by the name of Walter married his childhood sweetheart, Della Forker, and they settled down in Salt Lake City, Utah. Walter had been a lifelong worker for the railway industry up to that point and, during that period, was employed by the Denver and Rio Grande Railway. Because he was so passionate about his career, other companies wanted his services, similarly to how Steve Jobs pursued Tim Cook and attracted him to Apple Inc.
On May 4th, Jerome Powell will raise rates by 0.50%, according to every financial firm that has ears inside the thick walls of banking and global economics.
On January 31st, just three months ago, my wife delivered baby twins. We added two boys to the family, since welcoming our first-born, a girl, in August 2016.
Wall Street machines are, in essence, questioning their entire outlook of the world.
When I was in Colorado a few years back, we did a rafting trip in level-3 and level-4 rapids.
I love basketball. Ever since my father, who was 6’6” (1.97m) and now is more like 6’4” (1.92m), enrolled me into training and practice when I was six, it has been my primary sport.