Hello all, I was too optimistic and I’ve been lazing about in Palm Beach with the kiddos taking a much needed relaxi taxi (but not from the market though - it’s been 🔥) so I’m rescheduling our LIVE call for the next 40 Days Journey - 40 Days of Building Strong Riverbanks for next week! See you then! VIP students - the market commentary is coming out tonight - we had a 6am flight yesterday and I was still recovering.

Hi @Tulinh Tran ! I really want to join today’s Pillars of Investing refresher but have a work conflict. Will it be recorded? Also, what a week it’s been with gold dropping and waiting for SPX IPO!

SpaceX IPO - $SPCX is expected to IPO and trade starting June 12th. June 11, 2026 - The final IPO share price and valuation will be determined. This isn’t really about money or making a profit - but taking part of an historic event - the biggest IPO to date, maybe ever. Let’s see when OpenAI (ChatGPT) or Anthropic (Claude) IPOs. It’s a great story to tell the little ones 20 years later :) Here’s how to do it: Open and fully fund an account at a brokerage offering IPO access Reports currently mention: - Charles Schwab - Fidelity - Robinhood - SoFi Invest - E*TRADE by Morgan Stanley Understand that requesting shares ≠ receiving shares In almost all IPOs: - Investors submit an “indication of interest” - The brokerage allocates shares - Allocation can be tiny or zero if demand is extreme How IPO Allocation Requests Work - No Obligation Initially: Submitting a request simply tells your broker you are interested in buying a specific amount of shares at the IPO price. It acts as a conditional reservation, not a finalized purchase. - Confirmation Window: When the IPO prices, your broker will typically require you to take an action to confirm or reject the shares before they officially hit the market. - Cancellation Deadlines: You can freely cancel or edit your request through your brokerage app right up until the broker's specific cut-off time (usually the afternoon before the stock begins trading). - Allocation Limitations: Because IPO demand usually outstrips supply, you are not guaranteed to receive the full amount you requested. You will only be allocated the shares your broker can fulfill Funding Requirements: Some brokerages may require you to have the cash readily available in your account when you submit the request. Flipping Penalties: If you do receive shares and sell them within a short window (often 15 to 30 days), your broker may bar you from participating in future IPOs.

Hi @Tulinh Tran there was no market update this week?

Unconscious spending is not about amount, it’s about lack of awareness at the moment of decision Most financial “leaks” happen in micro-transactions, not big purchases. If you didn’t consciously choose it, it’s running on autopilot (habit, emotion, or the environment you’re in) Common Categories of Unconscious Spending 1. Convenience Spending - Food delivery, rideshares, last-minute purchases - Paying to avoid discomfort, time, or effort - Question: Am I buying ease or avoiding something? 2. Emotional Spending - Shopping when stressed, bored, lonely, rewarded - Temporary regulation, not real resolution - Question: What was I feeling right before this purchase? 3. Subscription Drift - Apps, memberships, auto-renewals you forgot about - Individually small, collectively significant - Question: Would I sign up for this again today? 4. Lifestyle Creep - Gradual upgrades without conscious decision - “This is just what I do now” energy - Question: When did this become normal for me?