The Realistic Millionaire Investing Advice for 2023
Things are getting spooky
With all the controversial topics I’ve tackled lately, writing about finance feels like a warm blanket on a cold winter’s night in comparison.
It’s good to be back.
Now let’s talk about the Fed’s “soft pivot.”
If you remember correctly, when the Fed pivots the markets (stocks, crypto, and commodities) rally. Fed pivot = Portfolios going up again.
There’s evidence, according to a recent WSJ article, that the Fed just did a “soft pivot.” The Fed is still going to hike interest rates into a recession — why markets are down — but they are indicating that they may not need to go as hard as they originally promised.
If true, the market could do gangbusters
Let’s talk about this and how I’m going to invest next month.
Why November Might Be the Time to Invest
“Inflation is always and everywhere a monetary phenomenon.”
— Milton Friedman, Godfather of libertarian economics
To understand why November might be the best time to invest you should understand this quote by…