The Creators Portfolio

👨‍🏫 Financial Literacy for creators by @_alexqian 📈 BEGIN your path to creative freedom 🚀 Training you can’t afford to miss👇🏼

[Wall Street Mav @WallStreetMav]

US govt debt has gone from $1.2 trillion to $31.4 trillion since 1980.

1980 Debt to GDP = 26%
2023 Debt to GDP = 123%
2040 Debt to GDP = ???

Anyone who thinks this path is sustainable is insane.

[The Creators Portfolio @CreatorsFolio]

Now that people are going back to the office. Do you ever stop to think about all the time and money spent commuting? Calculate how much you spend on gas, dry cleaning, pet fees, parking etc vs WFH and put it into a compound interest calculator to see the opportunity cost 🤯

[Money Coach Joe @FiSavvy]

Become the CFO of your family finances.

Because no one is gonna do it for you.

Track:
- Income vs Outgoings
- Savings/Investments
- Assets vs Liabilities

[DelyanneTheMoneyCoach ® @DelyanneMoney]

Please be aware that people are using de-dollarization as a scare tactic. Especially those in the førex & cryptø space. Long-term index fund investors should stick to their investment strategy and tune out all this noise.

[Watcher.Guru @WatcherGuru]

JUST IN: 🇺🇸 SEC sues YouTuber Jake Paul for illegal promotion of cryptocurrencies tied to Tron founder Justin Sun.

[The Creators Portfolio @CreatorsFolio]

This tweet aged well. First Republic in free-fall this morning as the $30 billion rescue plan by the big banks fails to reassure customers that FR is not the next SVB.

This is the 14th largest bank in the US.

[The Creators Portfolio @CreatorsFolio]

The 7 banks that have been hit hardest since the collapse of SVB, Signature, and Silvergate Bank:

1) First Republic Bank (FRC)
2) KeyCorp (KEY)
3) Zions Bancorp (ZION)
4) Comerica Inc. (CMA)
5) Charles Schwab (SCHW)
6) Fifth Third Bancorp (FITB)
7) Huntington Bancshares (HBAN)

[Fintwit @fintwit]

This is not a cryptocurrency. It’s First Republic, the 14th largest U.S. bank.

[The Creators Portfolio @CreatorsFolio]

I discuss it live here: https://t.co/Wy54lN6a9F

[The Creators Portfolio @CreatorsFolio]

The 7 banks that have been hit hardest since the collapse of SVB, Signature, and Silvergate Bank:

1) First Republic Bank (FRC)
2) KeyCorp (KEY)
3) Zions Bancorp (ZION)
4) Comerica Inc. (CMA)
5) Charles Schwab (SCHW)
6) Fifth Third Bancorp (FITB)
7) Huntington Bancshares (HBAN)

[The Creators Portfolio @CreatorsFolio]

Honestly, it was pretty close if SVB wasn’t bailed out 👀

[The Creators Portfolio @CreatorsFolio]

Stock futures jumped in response to this announcement.

Regardless of what happens, as a long term buy & hold investor with decades ahead of you. This should not impact your investment strategy.

[The Creators Portfolio @CreatorsFolio]

BREAKING UPDATE: The Federal Reserve guarantees that Silicon Valley Bank depositors will have access to ALL of their money on Monday February 13th.

“No losses associated with the resolution of the Silicon Valley Bank will be borne by the taxpayer”

[The Creators Portfolio @CreatorsFolio]

households and businesses…” - Joint statement by the U.S. Treasury.

This is in response to fears that widespread bank runs would occur within other smaller regional banks, which would lead to more bank closures. Exacerbating the problem.

[The Creators Portfolio @CreatorsFolio]

Things creators tell themselves to avoid investing in themselves:

“Experiences over things”
“I don’t need money to be happy”
“I don’t want to wait until I’m 65 to enjoy my money”

All of these are simply coping mechanisms for not being where you want to be financially.

[The Creators Portfolio @CreatorsFolio]

There are 4 types of wealth:

1) Financial (money)
2) Social (status)
3) Time (freedom)
4) Physical (health)

IMO prioritize 1 until you get to a level where you can take bigger risks and work on what you want. This unlocks 3 time freedom and can lead to 2. Always prioritize 4.

[The Creators Portfolio @CreatorsFolio]

You need a lot of things to be a good investor, but one thing you sure don't need: ego.

If facts change, your opinion must change quickly. Being stubborn on an investment is a great way to separate yourself from your hard-earned money quickly.

[The Creators Portfolio @CreatorsFolio]

Breaking: SEC has begun issuing charges to unregulated exchanges offering staking as a interest-accruing product.

Kraken is the first to shut down staking. Tread carefully in crypto for now.

This is good news for regulated exchanges like $COIN that play by the SECs rules.

[SEC Chair Gary Gensler Archive @GenslerArchive]

Today @SECGov charged Kraken for the unregistered offer & sale of securities thru its staking-as-a-service program.

Whether it’s through staking-as-a-service, lending, or other means, crypto intermediaries must provide the proper disclosures & safeguards required by our laws.

[Sahil Bloom @SahilBloom]

The fastest way to improve your life:

Distance yourself from anyone who spends time putting down others or minimizing their achievements.

[The Creators Portfolio @CreatorsFolio]

Markets closed higher after an initial pullback following the Fed 0.25% hike this morning.

This signals that investors are prepping for a “pivot” as the pattern of rate increases seems to be slowing after the last six months of painful massive rate hikes.

I remain cautious.