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- Turnkey Retirement Vol. 10
Turnkey Retirement Vol. 10
Bitcoin Bounces Back, Truth about Inflation, Gold is Hot as Ever, Buy Real Estate and Wait, and Weekly Clown World Update
Turnkey Retirement Newsletter: Volume 10
Another week passes by.
Feels like lifetimes are being lived in short time spans with all that is happening.
Let’s Dive In.
Bitcoin Bounces Back
Bitcoin recently saw a slight drawback (nothing truly concerning) but has bounced back to reach new all-time highs. Positive policy sentiment will be one of the bigger triggers in the market to keep Bitcoin rallying. Hold on for dear life (HODL).
The Truth about Inflation Lies in the Data
Shocking stat of the day:
Inflation has not fallen in a single month since January 2021, according to Zerohedge.
This means that overall prices are up over 19.5% in less than 4 years.
That is an average of 5.5% per year effectively wiping out ONE FIFTH of the US Dollar's… x.com/i/web/status/1…
— The Kobeissi Letter (@KobeissiLetter)
1:24 PM • May 16, 2024
Interesting stat listed here as the data suggests inflation has not declined since January 2021. Although this next stat of the money printing that has happened since 2020 is scary, this also accounts for the rise in prices across the economy.
Below is a chart of the US money supply.
Since 2020, the US has printed nearly 80% of ALL US Dollars in circulation.
To put that in perspective, at the start of 2020 we had ~$4 trillion in circulation.
Now, there is nearly $19 TRILLION in circulation, a 375% jump in 3 years.… x.com/i/web/status/1…
— The Kobeissi Letter (@KobeissiLetter)
2:44 PM • Aug 27, 2023
Gold is Hot as Ever
If you care about gold and silver, you’ll want to read this year’s In Gold We Trust report that was just released last Friday.
Even if you don’t care, these two assets are taking center stage for reasons that differ from traditional assumptions.
This report is packed full of data and examines the bull and bear cases for these precious metals in the years to come.
Buy Real Estate and Wait
INVESTORS ARE SCOOPING UP ROUGHLY 1 IN 5 HOMES SOLD IN THE HOUSING MARKET AND MAKING MORE MONEY THAN BEFORE (Fortune)
At the start of last year, investors pulled back; their home purchases plummeted almost 50%, according to Redfin, not too far off from existing home sales, which… x.com/i/web/status/1…
— FXHedge (@Fxhedgers)
2:33 PM • May 16, 2024
Investors are scooping up 1 out of every 5 homes listed on the market. Regardless of the carry cost with interest rates, etc.; investors still see great opportunity and the profits are still good.
Your Weekly Clown World Update 🤡
What could go wrong?
— TTI (@TikTokInvestors)
10:27 PM • Feb 16, 2022
I love the passion of the younger generation. I really do….but what could go wrong here?
The Closing Word
We talk about clarity a lot in our company.
When things seem unclear financially, a great place to start is establishing clarity.
Clarity helps us get a grip on reality to make rational decisions moving forward to reach our goals.
If you feel unclear about where you are or where you are headed
Slow down, grab a pen and pad of paper, and begin getting clear about your financial reality. Then you can eliminate the unknown (anxiety) and start to feel confident about what next steps you need to take.
Or better yet, grab a trusted advisor or friend to help you walk through this exercise.
No matter where you are financially, clarity is key.
And with better clarity, comes more confidence.
To Freedom,
Parker
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