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- Turnkey Retirement Vol. 12
Turnkey Retirement Vol. 12
$40B Dollar Short Story, What Does Cathie Know?, Mortgage Payments, Gold For Dummies 101, and A Message From Our Clowns In Washington
Parker Pursell
June 05, 2024
Turnkey Retirement Newsletter: Volume 12
Trump is a felon. Joe is still asleep.
Is it November yet?
What a time to be alive.
Let’s Dive In.
A $40B Dollar Short Story
Fund manager Ken Griffin is worth an insane $40B and has one of the all-time great founders stories in finance:
- Started hedge fund from his college dorm room
- Seeded fund w/ $265k from friends & family
- Initially had just a fax, phone and an IBM PC- Put a satellite… x.com/i/web/status/1…
— Triple Net Investor (@TripleNetInvest)
1:03 PM • May 26, 2024
Everyone starts somewhere. Stay focused on where you are at. My favorite line is “If it’s good enough for your money, it’s good enough for mine”.
Someone retweet that.
What Does Cathie Know?
Ark Invest opts out of spot Ethereum ETF
— Altcoin Daily (@AltcoinDailyio)
5:42 PM • Jun 2, 2024
Ark Invest opts out of participating in the Ethereum ETF. As she is innovative and looking for ways to put her investors with technology, she smells something here that would not bode well for them.
Also, maybe it does not provide the type of returns she would be looking for…
Ethereum spot ETF approvals are not bullish as they will undoubtedly massively underperform #Bitcoin ETFs. Compare demand in other markets where both exist, and factor in that they will not give staking rewards. This is the last chance to sell ETH above 0.05 BTC.
— Samson Mow (@Excellion)
9:17 PM • May 22, 2024
How About Those Mortgage Payments
BREAKING: The median mortgage payment in the United States hit a new record high of $2,894 per month, for May 2024 (that's an increase of +14% from 2023, +23% from 2022, and +78% from 2021), per Redfin.
— unusual_whales (@unusual_whales)
1:02 PM • Jun 5, 2024
Seems like the year of Record Highs. Probably not done yet. As long as these interest rates are higher for longer, we will see more records shattered.
Gold for Dummies 101
Great article by @Frank_Giustra
“Gold is a hedge against human stupidity.”
100%
Gold is nearing all-time highs in nearly every fiat currency worldwide for a reason…
— Gold Telegraph ⚡ (@GoldTelegraph_)
9:32 PM • Jun 4, 2024
Gold has outperformed stocks and bonds since 2001. Great article to check out.
A Message From Your Clowns In Washington 🤡
Vibe Check
Which one is the ponzi?
— Thomas | heyapollo.com (@thomas_fahrer)
11:53 AM • May 27, 2024
Makes you think. Now more than ever the questions we have matter, especially with our money. Stay vigilant!
Closing Word
It’s easy to become concerned with all that’s happening in the world.
But, if we approach information as it comes to us as just information, then we can process it appropriately.
What do we really need to fill our minds with to make us more productive? Give us more peace?
Unless there’s an event happening directly in front of you, much information is just speculation, there to help us make better decisions as things happen.
Enjoy the blessings around you.
Remain grateful and thankful.
And look for opportunities to serve those around you!
“So don’t worry about tomorrow, for tomorrow will bring its own worries. Today’s trouble is enough for today.” Matthew 6:34
To Freedom,
Parker
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