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Wealth Lab is happening in 35 hours
Zoom link for pillars of investing refresher
https://us06web.zoom.us/j/82998677697?pwd=mJCQuj7xgfTGnfnqIZkcIsT1KjelVx.1
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NVIDIA BEATS! It keeps going 🚊
🚨NVIDIA (NASDAQ: NVDA) reported Q1 EPS of $1.87, $0.10 better than the analyst estimate of $1.77. Revenue for the quarter came in at $81.6 billion versus the consensus estimate of $79.19 billion. GUIDANCE: NVIDIA sees Q2 2027 revenue of $91 billion, versus the consensus of $87.36 billion. Revenue is expected to be $91.0 billion, plus or minus 2%. NVIDIA is not assuming any Data Center compute revenue from China in its outlook. GAAP and non-GAAP gross margins are expected to be 74.9% and 75.0%, respectively, plus or minus 50 basis points. GAAP and non-GAAP operating expenses are expected to be approximately $8.5 billion and $8.3 billion, respectively.
Day 34 - what financial decisions am I avoiding?
- Most financial stress is not caused by one catastrophic event - it’s caused by delayed decisions accumulating over time. - Avoidance often feels temporarily safer because it postpones discomfort, uncertainty, or responsibility. - But delay itself is still a decision.Choosing not to decide usually means: remaining in the same pattern continuing the same financial leak allowing interest, fees, stress, or confusion to grow - Every avoided financial decision carries a cost: emotional cost energetic cost opportunity cost sometimes literal financial cost - Common avoided decisions: looking at debt balances canceling subscriptions or unnecessary expenses raising prices in business asking for help creating a budget opening investment accounts selling underperforming assets having difficult conversations about money filing taxes reviewing spending honestly - Many people confuse avoidance with “waiting for clarity.”But clarity often comes after engagement, not before it. - A small imperfect decision today is usually more powerful than endless analysis and emotional paralysis. - Financial maturity includes developing the ability to tolerate temporary discomfort in order to create long-term stability. - Sometimes the real fear underneath avoidance is: fear of failure fear of seeing the truth fear of responsibility fear of losing identity fear of change - Awareness removes vagueness.Once something is named clearly, it becomes workable. What gets measured, gets managed! And what gets managed usually improves! Until then, there’s very little we can do to change our circumstances!
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Space X available to retail investors (like us)
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.
SpaceX IPO!
What great timing, we just discussed our trade plan yesterday! Looks like SpaceX IPO is scheduled for June 12th! Get those watchlists ready, investors!
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