9d • General discussion
Market update. Reminder to ask me all the questions.
Quantum is falling, AI data some are showing signs of slowing, Tech spending like crazy, new fed still spooking the market, midterms coming up, Q2 earnings coming out soon, still at war, interest rates should remain the same but they will look at data a little different with new fed, Clarity act for crypto 50/50 at best to pass before midterms but the CFTC and SEC working together without it and the DTCC is doing the soft launch this month on the 17th.
That's a mouth full, so basically I'm waiting on data to see what's up.
To best serve you in this community ask questions, also check out the quick start guide for a better idea what to ask, it's only $25 for the people in here already just message me for a discount.
Also check out my passive investing micro course for free in the classroom tab if you are new to the markets, the quick start guide is an extension to that.
MSTR, HIMS- these are the companies I give you for free that should perform well. DCA over the long term for simple investing. QQQ (NASDAQ/tech) is better performer than the SPY(S&P500) it is more volatile but better performance over time.
When investing I always suggest 5 years minimum your money should be in the markets. You should have a rough understanding of how much money you need to retire, retirement shouldn't be an age it should be an amount, however you age will affect the amount needed. You'll need less money over a 10 year period than a 30 year period. over a decade or two a million dollars isn't that much money. A lot of people don't have a clue how much money they need to retire. it's different for everybody.
allocations are important, better quality assets should get a larger percent of your money.
1
0 comments
Market update. Reminder to ask me all the questions.
powered by
skool.com/finance-justjoey-style-7800
Financial education on budgeting, credit, stock and crypto investing. Learn simple strategies for building wealth and improving your financial life.
Suggested communities
Powered by