I never thought I’d say this, but some things in life can’t be measured with money.
I know, I know, it sounds like a Mastercard ad, but it’s true. It’s also one of the reasons I’m going to be boxing Michael Reeves in Tampa Bay on May 14th, and probably getting punched in the face.
But that’s the only left hook I’m throwing at you guys this week - The other two videos are more of the good old-fashioned warnings against things that could be a disaster for your investments, and a guide on how to turn that around and make more money!
The clash of the century
I’m going to be boxing Michael Reeves - No, there’s no metaphor here, no clickbait, that’s actually what I’m going to do - but if you had asked me a year back whether I’d ever do something like this, I’d have thought it’s a crazy idea. This video isn’t about money per se, but it’s about something more important, about how I started making decisions based on experiences rather than monetary cost. Boxing has changed my life in ways that I cannot imagine. Join me as I take you through my journey!
The FIRE is going out
This might be the most important math you’ll ever learn. The holy grail of investing and building wealth is the 4% rule. The rule was the basis of the FIRE movement, and it gives you a sure-fire way of generating infinite passive income, by making sure that your expenses are no more than 4% of the amount you’ve invested in the stock market. But now the creator of the rule himself is saying that the rule no longer applies and changes need to be made! Dive into this video as I take you through how to plan for retirement, while also not just saving up money that you’ll never enjoy.
The Fed crashes the market
It’s official - The GDP of the USA has shrunk by 1.4% this quarter. Not too long before, the yield curve inverted… And we’re just one negative quarter away from a recession. But wait! A recession isn’t necessarily bad if you know what needs to be done. In this video, I’ll take you through how to spot a recession and what to do with your money when you’ve found one. By making the right choices and investing right during a recession, you could actually turn this recession into a profitable time!
So that’s it for my Sunday round-up. For the new folks here, in this newsletter, I give a quick recap of whatever you may have missed over the week on Sunday, and on Wednesday, I will be doing my deep-dive article on one of these topics.
See you next week with another bunch of exciting videos!
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As always, thank you Graham for the newsletter and for making it interesting and fun...
Best of luck with the boxing, Graham! Thanks for the newsletter :)