Not providing investment advice. Opinions are my own or are shared opinions of others. Do your own research. If investing, consult with a professional.
@maxanderson Don’t worry about doctrine—just let the stories pull you in. Watch David on Amazon as a start. After that move on to the history, the stories and timelines, the kingdoms and rulers. Fascinating stuff!
Social media will make you feel bad about falling behind.
In reality:
• 13% of American workers earn more than $100k.
• 20% of households earning more than $150k live paycheck to paycheck.
• Over 50% of households had an annual income of less than $75k in 2023.
To give you an idea, I have an equity model that absolutely crushes it, does 2x S&P returns and a fraction of the downside... was down 5% in 08 for example.. it's worst year
It flipped to bonds TODAY
This is only the 5th time it flipped in 20 years!
Bill Ackman's Pershing Square released an investor update that covered commentary on markets and Pershing's holdings.
Here are 8 interesting slides:
1) The 10 largest companies in the S&P 500 index trade at 27x earnings, compared to 20x for the other 490 companies
Spoke with a couple whose total mortgage is $1,400/mo.
They need a bigger home as their family is growing.
Current home has 2.6% loan & with 10% down & + 7% loan, a new home would mean ~$2,658/mo payment. They feel stuck.
Millions of people have situations like this.