Up is down
The Dogecoin millionaire, stock market bottoms, and record breaking inflation
What’s up Graham, it’s guys here.
Speaking of what’s up…
The ship is being rocked, up is down, but as long as you hang on to the boat, you’ll get through this the right side up. The market saw some strange turns this week, with anticipation that the market is finally going to bottom turning into anxiety again when inflation figures came in, and it looks like we’re in for a harder landing than we expected.
On top of that, we have the story of a man who HODLed dogecoin till it was worth millions… and then lost almost all of it. So let’s get started with this week’s topsy-turvy stuff and how you can get ahead of it all!
The rise and fall of Dogecoin
It’s not often that you get to witness a rags-to-riches story in real-time, but in the case of Glauber Contessoto AKA the Dogecoin millionaire, the rise was as swift as the fall. In this video, I break down how Dogecoin went from being a mere joke to a viral currency and then catch up with the man himself to figure out why he didn’t sell out at a million - and whether he regrets it today. I wrap it up with my thoughts on what needs to happen for Dogecoin to become a mainstream currency and whether you can make money by investing in it now!
The market is about to bottom
Let’s be real here - Over the last few weeks, the market has totally stopped making sense. Every time it looks like the market is doing well, people rush to sell, and when it’s doing bad, people rush to buy… sending it the other way. In spite of all this, there are some clear signals that the drop in the market might be coming to a halt, and it’s going to go back up again. So jump in as I break down my thoughts on what is in store in the next few months, and how you should use this opportunity to handle your investments.
The Fed crashed the market
Of all the things that can exceed expectations, it had to be Inflation. Coming in at 8.6% and breaking records set in 1981, with the highest price increases in food, energy, and housing in a long time, the sad part is that this inflation figure might not even be the true number! Let me break down why the CPI might be making inflation seem lesser than it is, how this is pushing the Fed to take more aggressive action, and what this means for your investments. This video is from the heart - I know how difficult it is to stick to plans in tough times, so hear me out and it might help you.
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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