Conquer Financial Freedom (Wealth, Health, Investing & More)
A Simple Approach in a Chaotic World – Be the Bear Market Investment God The Norse Gods Thor and Odin often took the shape of a bear to visit the human world. The bear stands for strength, healing, inner wisdom and balance between the seen and the unseen world. In investing we seem to collectively … Read more
Weekly Finviz heat map for week ending 5/26
Key Points From Last Week and Next
⬆️ S&P 500: SPY had very little change since the week started, but did manage to close over 420. 51% of the overall market is at new lows. 61% of the market is below the 200 day SMA. SPY is up against the 2 Standard Deviation Bollinger Band.
🧢 IWM Small caps lost over 1%.
🏎️ QQQ rocketed higher over 3% no doubt assisted by NVDA, and anything else related to AI.
💼 Bonds: TLT declined around .35% for the week, while the 10 year rate gained 2.45%, going up to 3.81%.
🎢 Volatility: The VIX increased over 4%
💸 Debt Ceiling: Seems we have a bit more time, but a deal could happen by June 5th, according to McCarthy.
🛢️ Commodities: Agriculture and Gold were down, while Oil was up over 1%. Natural Gas retreated.
💵 Earnings: We will hear earnings next week from Salesforce, Chewy, and Dollar General.
📈📉 Economic Events Next Week:
* 5/29 — Memorial Day, no Trading
* 5/30 — Consumer Confidence
* 5/31 — JOLTs Job Openings
* 6/01 — ISM Manufacturing
* 6/02 — Nonfarm Payrolls
Reasons not to invest in real estate We are not your typical blogger/youtubers on personal finance! We are not going to be big flashy showman and sell some BS hype machine about the latest get rich quick scheme. Lately I see many YouTubers talking about getting rich fast with real estate investing! The truth is … Read more
Habits of the Rich. For over 20 years we have studied the habits of wealthy people. It has been proven through various research that wealthy folks, like the Millionaire Next Door, have certain habits and character traits. If only this knowledge was taught in school, we may have many more millionaires around enjoying a life … Read more
Gen Z, We Love You With graduation season upon us, we wanted to share some investing concepts with younger folks so they can launch into building wealth with a strong start. Here are ways that Gen Z investing strategies can make them rich and build a life of True Wealth! I am not one of … Read more
Money Vikings Love Munger You know we love listening to some Charlie Munger wisdom and have written several articles about the man, the myth and the legend. We even talked about him on one of our podcasts. simple rules for life And why not? The guy is 99 years old, a billionaire and has lived … Read more
Delayed Gratification Psychology. You know Money Vikings present a virtual Swiss army knife of tools and techniques to live a life of True Wealth. In my experience, one of the most critical skills to develop to build wealth is delayed gratification. A few are born with a natural affinity to this behavior, but most of … Read more
6 Years! Money Vikings are now celebrating 5 years blogging about all things investing, personal finance, family, health and more. We have evolved through the years and are continuing to evolve now as we expand into YouTube. But our mission remains the same: Deliver to you a treasure trove of ideas and inspiration to live … Read more