Turnkey Retirement Vol. 16

Warren Buffet Not Liking the Tech Craze?, DOW and Gold, Inverted Insights, and Wrapping Up

Author

Damion Lupo
July 10, 2024

Turnkey Retirement Newsletter: Volume 16

Welcome back.

Election year is in full swing! 

Government jobs are making up the majority of the job market, showing a STRONG push toward November while normal people are wondering how to get money out of their retirement accounts to pay bills. 

We’ve been discussing how to set ourselves up for success in the office by paying attention to the rest of the world, and also to history.

On that note, let’s jump into a few examples of charts that I’ve seen over the last couple of days that only seem to come out of the woodwork when we’re on the verge of major economic turmoil. 

Warren Buffet Not Liking the Tech Craze?

S&P 500: Buffett Indicator Nearing All-Time High - What That Means for Investors | Investing.com

Stocks Analysis by Investing.com (Ismael De La Cruz) covering: FTSE 100, S&P 500, CAC 40, Dow Jones Industrial Average. Read Investing.com (Ismael De La Cruz)'s latest article on Investing.com

In a chart that none of my CFA buddies have seen before this week, we’re approaching a level of Stock Market Cap to GDP that hasn’t been reached before… other than 2006. Did something happen in the next few years that time? 

Do you agree that the stock market is (according to this) overvalued?

DOW and Gold

AS POLITICAL PARTIES FALL, GOLD AND SILVER WILL RISE

With the collapse of the Western financial and political systems now happening before our eyes, wealth preservation takes on a totally different meaning.

Different asset class, same mindset – the overvalued stock market. What do stocks, bonds, and cash have in common? A continued reliance on credit expansion to continue to increase in value. 

This brings back up an argument as old as time. What really is wealth? Is it a $ amount? Or is it an asset that holds value regardless of the currency it’s denominated in?

Inverted Insights

The inverted yield curve indicates economic uncertainties. It’s a shame the yield curve has maintained an inverted position for as long as it has. As an individual, this points to a lot of financial challenges that trickle down to you and make it harder for you to get ahead. 

However, there are advantages that eQRP offers like a personal loan from your plan to secure a better financing option.

Wrapping Up

eQRP is hard at work trying to share the value and benefits that are a part of your membership. There’s more to it than just investing in your original syndication or fund. Connect with us and we’ll talk about all of its features and some of the cool programs we’ve developed to help you get ahead.

To Freedom,

Damion

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