Mark Hayes, CFP®

Founder@ Infinitive Wealth
#financialliteracy & #personalfinance

Tweets are not advice.

Securities offered through LPL Financial, Member SIPC

[Mark Hayes, CFP® @Mark_R_Hayes]

Words Financial "Personalities" Use:
- Always
- Never

Words Professionals Use:
• May
• Possibly
• Could
• Likely
• Probably
• Potentially
• Should
• Would

[Mark Hayes, CFP® @Mark_R_Hayes]

@esaagar Most importantly, they are another account geared towards helping those with strong savings habits that can lock up funds for years.

The people this is marketed to help will never use them.

Better solution: 2-3k addntl tax credit per child. Boring, but effective.

[Mark Hayes, CFP® @Mark_R_Hayes]

@Jason No "J-curve" consideration for people?

[Mark Hayes, CFP® @Mark_R_Hayes]

@OptimizedPort https://t.co/pgfJwY1LWL

[Mark Hayes, CFP® @Mark_R_Hayes]

For everyone losing their minds over $COST's #dividend.

To reference my stunning artwork below, a dividend is not like adding ice to the glass. Rather, a dividend is ice that was already in the glass that is being removed.

Profits (ice) comes out, value (water) goes down.

[Mark Hayes, CFP® @Mark_R_Hayes]

@BasedMikeLee Not sure if that is the only thing the data is telling us:

[Mark Hayes, CFP® @Mark_R_Hayes]

@pmarca People seem to think that government subsidies are the only factor here. Might also want to consider the following points:

[Mark Hayes, CFP® @Mark_R_Hayes]

@awealthofcs Agreed! Especially with global friends/connections. Really fun experience every time.

[Mark Hayes, CFP® @Mark_R_Hayes]

@tomowenmorgan Widow's Bay is a masterpiece. Absolute chef's kiss.

[Mark Hayes, CFP® @Mark_R_Hayes]

@jennyrozelle You were just driving through Zionsville I'm guessing....

[Mark Hayes, CFP® @Mark_R_Hayes]

This is likely a misunderstanding of the situation.

Bank tellers, along with other financial professionals, are trained to look for fraud, scams, and money-laundering. This can involve asking questions which could be misconstrued as prying.

(Assuming this story is real, and the details are accurate, there's still a bunch of info that is missing to provide context.)

[Mark Hayes, CFP® @Mark_R_Hayes]

@FinanceLancelot @StevenBartlett What adjustments have you made to your holdings?

If you haven't made any adjustments yet, then specifically what are you waiting to see?

Sorry, but if you call the hand, you have to show your cards.

[Mark Hayes, CFP® @Mark_R_Hayes]

When someone who took a six week seminar from an ivy league school puts that they attended/graduated from the school on their CV...

[Mark Hayes, CFP® @Mark_R_Hayes]

@TXMCtrades Principal Increase -> Supply/demand issues
Interest -> Fed Rate hikes
Property Taxes -> Principal increase
Insurance -> Natural Disasters/Inflation

The last two are from PE rolling up smaller repair companies, keeping the storefronts, consolidating admin and increasing prices.

[Mark Hayes, CFP® @Mark_R_Hayes]

@cmk5150 @esaagar @WSJ Yeap. They are doing it with all kinds of small companies such as dentists, financial services, Healthcare, ect.

Great for the owners making the exit - probably not so much for consumers.

[Gunjan Banerji @GunjanJS]

"A million seconds ago was about two weeks ago. A billion seconds ago was in 1994, when “Pulp Fiction” was about to open in theaters....

a trillion seconds ago was back in the Ice Age."

https://t.co/QDjxxTmlwv

[Mark Hayes, CFP® @Mark_R_Hayes]

@StevePhillipsMD Client of mine is a doc at a major system. He had a terrible partner assigned to him. The guy was so bad my client reported him multiple times to chiefs/admins.

Admins told him they were waiting for a sentinel event so they could fire him. Sickening, truly.

[Mark Hayes, CFP® @Mark_R_Hayes]

Bad day in the market.

On the upside if you haven't seen any of Widow's Bay on Apple TV, then you could at least sooth your pain by binging one of the best shows out there.

It is a masterpiece.

[Mark Hayes, CFP® @Mark_R_Hayes]

@PeterLBrandt @Vivek4real_ Not an expert, but Michael Saylor -- the perpetual buyer of BTC -- sold a relatively small quantity the last week of May. It hit mainstream news on June 1. Just a guess.

[tom keene @tomkeene]

tweet of the day

[Mark Hayes, CFP® @Mark_R_Hayes]

Many people that have been treading water for years are starting to feel the waterline move over their heads.

Beyond the economics, the people embodied in these figures are real, and 2 of the 3 interviewed admitted to contemplating suicide.

Help is available: Call/Text 988

[Gunjan Banerji @GunjanJS]

https://t.co/KrpSScL7xJ