Create generational wealth so your children can prosper.
What most people fail to realise is that one generation or another will have to sacrifice a lot for the greater good of future generations.
Ease that burden. #SchoolOfLife
Oh, I forgot the best part.
Months before the IPO, SpaceX took $17.5 billion of old junk debt from xAI and X and parked it on its own balance sheet through a $20 billion bridge loan.
The terms? Repaid within six months of listing.
So part of the $75 billion that retail and index funds just handed over is already spoken for. Not for Mars. Not for rockets. To clear debts piling up at Elon's other companies.
You bought the rocket ship.
You're on the hook for the loans.
BEST. ENGINEERING. EVER.
“Everyone is complaining about the poor facilities and organization in the stadiums, training facilities, and airports, as well as the detention of players, photographers, referees, coaches, and just about everything else, and it will be the worst World Cup edition ever.”
A group of options traders in Gaza joking about how finance influencers on social media are surrounded by Lamborghinis, waterfront mansions, luxury vacations, and six-figure trading accounts, while they’re trading from a rooftop with slow internet, post-war destruction in the background, and accounts so small they celebrate single digit gain. Funny, self-deprecating, and unexpectedly moving. A reminder that resilience isn’t about perfect conditions. It’s about showing up anyway.
I have 4,000 dollars to my name at 33 and I want to walk you through why that makes me richer than my father ever was.
My father saved. My father saved his entire life, contributed to the 401k, matched the match, read the prospectus, and he retired, and he is, right now, anxious about money in a paid-off house, rationing a number he spent 40 years afraid to enjoy. He won the game and he is still scared. I have looked at that, clearly, with the eyes of my generation, and I have decided not to play a game whose winners look like that.
They have a name for it now. Soft saving. Doom spending. The economists say it like a diagnosis, like we are sick, like the reason we are not saving is a character flaw and not the spreadsheet. 56 million workers do not even have a retirement plan at work. 31 percent of people think they are on track, which means 69 percent of an entire country has quietly concluded the same thing I have, except I am the only one brave enough to be at peace with it.
Here is the math they do not want you to do. If I save aggressively, I can retire, frightened, at 70, into a world that the same economists tell me will be on fire and run by AI. Or I can decline the deal. I can take the money I would have put in an account I cannot touch for 37 years and I can put it into now, which is the only fund with a guaranteed payout, because now is the only thing I am certain to live to spend.
I buy an 11 dollar oat-milk matcha every single morning. The personal finance men online tell me this is why I am poor. 11 dollars times 365 times 40 years, compounded, is apparently a house. I have run that number, and my response to it is simple: I would rather have the matcha. The house they are describing is a house I get at 70, theoretically, if the market cooperates, if I do not get sick, if the world holds together. The matcha I get at 8am. I have chosen the asset that exists.
I have 4,000 dollars in a high-yield savings account and I call it my forever fund, which is a joke, but it is the kind of joke you tell so you do not have to feel the thing under it, and the thing under it is that 4,000 dollars is not the beginning of safety, it is the entire ceiling of it, and I have decided that since I cannot build the wall, I am not going to spend my one life carrying bricks toward a wall I will never finish. I am going to sit in the sun, with the matcha, in front of the unbuilt wall, and call the sitting wisdom.
I financed Coachella. 6 installments. The app let me split it, which the personal finance men also hate, but the personal finance men have never stood in a field at golden hour feeling, for one weekend, like the future was a rumor and not a sentence. That weekend cost me 1,100 dollars I will be paying off into the fall, and I have decided it was the single best allocation of capital I have ever made, because it bought a memory, and a memory is the only investment that pays out immediately and cannot be clawed back by a market correction.
My mother mails me articles. Physical articles, printed, about the magic of compound interest, about how if I had started at 22, and I read them, and I love her, and she is describing a religion whose god I have personally watched fail to show up for my entire adult life. Compound interest assumes a stable 40 years. I have not seen a stable 40 months. She is preparing me for a world that ended before I was old enough to inherit it.
I downloaded a budgeting app. I deleted it on day 3. It showed me a chart of my life as a series of failures to subtract, and I realized that the app was not going to make me richer, it was just going to make me ashamed in higher resolution, and I have enough shame at standard resolution, so I deleted it, for my peace, and protecting my peace is the only retirement plan that vests daily.
They call it doom spending. I call it refusing to defer a life to a future that keeps getting repossessed.
I have 4,000 dollars. I am 33. The matcha was excellent this morning. My mother's latest article is on the counter, unopened, next to a Coachella wristband I have not cut off because cutting it off feels like admitting the weekend is over.
And honestly, everyone in my group chat is talking about how the only real way out now is to just go all in on one asymmetric bet, one coin, one stock, one moonshot, because slow money is dead and the only wealth left is sudden, and I have been looking at a few, and I think I see one, and I think, for once, I am early.
I have never felt more free.
If Strategy sells MSTR to pay the dividend, it's a ponzi.
If Strategy sells Bitcoin to pay the dividend, it's a death spiral.
If Strategy sells STRC to buy Bitcoin, the common stockholders are being "diluted".
If Strategy uses the USD reserve to pay off the debt, it's a "fatal error".
At some point you have to realize the bear thesis has become a Choose Your Own Adventure book for people who hate the ending.
People are overthinking the 32 BTC sale.
“Why sell?”
“Why not just buy less next week?”
“Is this bearish?”
Michael @saylor already explained the logic:
• If Bitcoin can’t be sold, critics say it has no value.
• If it has no value, the balance sheet value is zero.
• If the balance sheet value is zero, credit rating agencies ignore it.
• So you sell a tiny appreciated portion to prove Bitcoin is liquid, valuable, and real.
The UN must open the Strait of Hormuz for us - Rubio
"What is the purpose of the UN?! The UN was supposed to be a place where you could peacefully resolve global conflict." 🤷♂️😎
“We are taking it to the UN”.
The US condemned the UN for years, because the UN wanted to peacefully resolve conflicts, and objected to American and Israeli wars.
The US must be in dire straits (pun intended) if they now beg the UN for help.
Great company ≠ great investment.
A company like #SpaceX can dominate an industry, grow for decades & still be a disappointing stock. Price matters. Look at $CSCO.
Being right about valuation & making money from valuation are two different skills.
$SPCX
🚨BREAKING : A horrific massacre in Gaza one month old infant Mohammed Al-Khatib lost his leg after an Israeli missile struck his family’s tent while his mother was breastfeeding him. She was killed instantly in the attack.
An Israeli strike captured on camera has killed three paramedics in Lebanon. Just 12 hours earlier, four other medics were killed.
Sky's @AlexCrawfordSky reports
https://t.co/MTDOQ3T0vB
🇺🇸🇵🇰 A man from the US flew to Pakistan and paid $4,000 to free a family that had been enslaved for 140 years.
The family's bondage started in the 1880s when an ancestor took out a small loan. Under Pakistan's "peshgi" system, kiln owners issue advances to workers. Then manipulate accounts, add interest and arbitrary fines, and declare the debt a family obligation passed to children and grandchildren.
Kids as young as 4 or 5 work to help "repay" it. The math is designed to never reach zero.
Pakistan banned bonded labour in 1992. Estimates suggest hundreds of thousands remain trapped across the country's 20,000+ brick kilns.
Enforcement is nearly nonexistent. Kiln owners have political connections, police frequently collude, and families who try to leave face armed guards, false arrests, or violence against relatives left behind.
Aaron Hutchings paid $4,000. One family. 140 years. Done.
Source: @visegrad24
THIS DAD VIBE CODED A LANGUAGE LEARNING APP FOR HIS DAUGHTER THAT LETS KIDS POINT THEIR CAMERA AT ANYTHING AND LEARN THE WORD
he made it so his daughter could point her phone at anything around her and learn the word for it
you take a photo of an object, the app removes the background, identifies what it is, and teaches you the word in whatever language you're learning
the ui and animations are clean, polished, and the app is easy to use
he started building it for his kid and got obsessed with making it perfect
the app won an apple design award which is one of the hardest things to get in the entire iOS ecosystem. apple picks like 12 apps a year out of millions
it went from a dad building something for his daughter to one of the best designed apps on the app store
Anti capitalists realizing capitalism is doing so bad that the most powerful capitalists on the planet are visiting the Communist Party of China to beg for help with their economy