Teach you geometry, physic you can graduate from college speaking three languages with a deep understanding of physics or quantity up philosophy you can get a ph. D. In literature they teach that in school if you get enough education but do you know the one thing they almost never teach in middle school or high school, to say nothing of College Financial literacy i am not talking about economics here you cane be an econmajor and learn nothing about personal Financial Planning Retirement Readiness let alone how to manage your money wisely money is just not talked about you are 1,000 teams more likely to read das capital. An important book. Marx is a good economist but he is not going to show you how to balance a checkbook let alone how to build a portfolio of stocks financial literacy, a third rail thats why on a come stand mission to teach you how to manage your money. So you can be a better investor. Think of this show as continuing education for all thing financial. When it comes to
Important reason i want to help you build and preserve your wealth we live in a world that its increasingly difficult to become rich if you werent born that way and love it or hate it i believe the stock market is the best ladder we have in this country for social mobility. There are millions upon millions of people in this country but there simply arent that many jobs that pay you a salary fat enough to actually make you rich even if youre a total cheapskate and save every penny you earn, if you want to become really wealthy unless youre born with a silver spoon in your mouth that menas planning for Financial Strategy for an entire lifetime as long as you can save a decent chunk of your paycheck and then invest it wisely year after year, you can make your wealth grow to the point where you become if not filthy rich then at least financially independent. Meaning, you dont need to worry about your job security or where your next paycheck is going to come from and youll be able to retire
About. Serve eagerly anticipating why . When the vast majority of investors agree something is going to happen that, is priced into the stock market. The real economy moves at its own pace, you got to broer money to build out equipment and use that equipment to manufacture goods and wait for the cost to buy them the stock market has no such limitations. Stocks dont travel the speed of light. Well, how about the speed of thought . They come close. So they decide the economy is slowing or speeding up or flat lining stocks start trading like thats the case. Instantaneously. Usually takes some time to build that consensus which is why you rarely see the moves happening all at once. But once the big institutional Portfolio Managers are on the same page about something, you can be confident that its baked into the averages. I say that week. It will happen that week economists take an ivory you to area proech to the discipline. They have models for how the world is supposed to work. Also they
Looking up for the economy and then suddenly we got negative data points that changed everything and made the recession a plot more likely sure, that may be the profrnl mat cause of todays decline, losing another 494 points, s p 500 plunges 1. 79 . Nasdaq plummeting 1. 76 . Sell, sell, sell, sell but the truth is a lot simpler. We were due for a selloff. How i do know . Because thats what ive been telling you for weeks. A month ago i told you about the s p 500s short range oscillator indicator. This is a tool i pay a lot of money for that tells you almost with uncanny accuracy when the market is overbought or oversold, overbought meaning due for a pull back, oversold means you have to start buying when the oscillator is above five, it always almost means we came too far too fast. And you need to do some selling. Well, when its well above 5, you need to aggressively raise cash as i told you last month the oscillator went extremely high reading, told you we were due for a bruising i stwu
Physics. Foreign language classes, you can graduate from college speaking four languages. You can get a phd in early modern literature. Did you know john milton lost political pamphlets. They teach that in school if you get enough education you know the one thing they almost never teach in middle school and high school, say nothing of College Financial literacy and im not talking about economics here you can be an econ major and know nothing about personal financial planning, retirement readiness, let on how to invest your money wisely. Money is not talked about. Its almost like its a third rail of American Education youre 1,000 times more likely to read dos, an important book, good economists but not going to show you how to balance a checkbook, let alone manage a portfolio of stocks. Financial literacy the third rail and thats why im on a Constant Mission to teach you how to manage your money so you can be a better investor. I want you to make more money. Think of it as continue educ