Earned vs. Unearned Income
Most people only know ONE type of income. But building financial security requires TWO. ๐ฐ
Understanding the difference between Earned and Unearned Income changes how you build wealth.
Let's break it down. ๐งต๐
MicroStrategy's Board of Directors just authorized a $BTC monetization program
"under which the Company may sell Bitcoin from time to time for three primary purposes:"
- to generate up to $1.25 billion of additional proceeds to fund the USD Reserve
- to additionally fund preferred stock dividends and interest expense as they become payable, or to replenish the USD Reserve after such payments, when management determines that it is more advantageous than issuing class A common stock or other capital markets transactions; and
- to additionally fund repurchases of Digital Credit Securities or class A common stock, including related taxes, fees, and transaction expenses, under the repurchase programs described above.
๐จ SOUTH KOREA JUST UNVEILED $650 BILLION IN AI AND CHIP SPENDING.
Samsung and SK Hynix announced a combined investment plan that could top 1,000 trillion won ($650 BILLION) over the next decade, alongside President Lee Jae Myung's push for balanced regional growth.
Here's the breakdown:
1. Samsung and SK Hynix announce 800 trillion won($518 B) investment in four semiconductor fabrication plants.
2. 81 trillion won ($52.45B) goes into HBM packaging facilities.
3. 30 trillion won ($19.42B) over 15 years for next-generation memory tech.
4. Seoul's DRAM production is targeted to double in 5 years.
5. 18.4 gigawatts of AI data center capacity planned by 2035, starting with 8.4 gigawatts by 2029 from SK Group, GS Group, and Naver.
Samsung's Chairman Lee Jae-yong said current capacity can't meet demand, with new investments also going into robotics, biotech, batteries, and chip substrates across multiple regions.
Despite the scale of the announcement, both stocks fell. Samsung dropped -5.3%, SK Hynix fell -3.4%.
A single semiconductor fab alone costs at least 60 trillion won ($40 billion) and takes years to build, so the actual supply increase from this plan won't materialize for years, while investors have to absorb the financing cost now.
That's also why the Korea Exchange pulled a planned options launch tied to these stocks, the market is pricing in execution and funding risk over the headline number itself, especially with South Korea's market already down 10% in the past week on broader AI valuation fears.
$MU Micron is now a top 10 holding in the S&P 500 with a 1.9% weighting.
Nvidia $NVDA used to be closer to 8.5%, itโs now down to 6.99%.
Apple $AAPL used to be 7.5%, itโs now 6.18%.
The old guys have had to make room for the new kid on the block.
Nicolas Cage revealed he blew his $150,000,000 fortune on real estate
โOver invested in real estate the market crashed before I could get my money out and I ended up writing a check totaling roughly $6,000,000 to clear my debt rather than declaring bankruptcyโ
โI own a pet African Crow and a black lizard dragon,then I moved to tax free Las Vegas and I worked non stop making 3-4 movies a yearโ
โWork was always my guardian angel,even if the movie was crumbling Iโm not phoning it inโ
$DRAM just added Macronix and GigaDevice.
These additions expand the ETF beyond the dominant Big 3 DRAM makers into edge computing, autos, IoT, and industrial applications.
๐๐ผ๐ฟ๐ฒ ๐ต๐ผ๐น๐ฑ๐ถ๐ป๐ด๐: Heavy in the Big 3: SK Hynix, Samsung, and $MU ~75%.
Plus storage plays like $SNDK (SanDisk), Kioxia, $WDC, $STX (Seagate).
New adds diversify into specialty NOR Flash (autos, IoT, edge AI) from Taiwan/China.
๐ง๐ต๐ฒ๐๐ถ๐: Cleanest ticker for the memory supercycle, AI data centers demand massive HBM + NAND capacity.
Memory was the overlooked bottleneck; now gaining spotlight with hyperscaler capex.
Good to know there are so many people out there doing so well. If I were to take the 100 closest people to me, I'd say less than 5 have (or will have) this amount at age 60. People aren't living in different worlds, we are now living in different galaxies.
@GunjanJS He's focusing on inflation in the clip, but in the last few years it's been all about the layoffs. No one can depend on a job always being there. There is a growing crowd of well-educated people on their first, second, or third layoff. Passive income bridges the gap.
Options on $RAM are now available.
The Roundhill T-REX 2X Long DRAM Daily Target ETF is a 2X daily leveraged ETF on the Roundhill Memory ETF (DRAM) and the only 2X ETF built in partnership with Roundhill.
RAM now has listed options for traders looking to layer in additional strategies on the memory-chip trade.
RAM seeks 2X DRAM daily and resets each day. Not buy-and-hold.
Prospectus and full risk disclosures: https://t.co/5F433VTcTF
$RAM $DRAM