March 27, 2024
Creating Wealth Through Long-Term Holds
We’ll start with the flurry of current event news, from the Baltimore Bridge to Trump’s new SPAC. We’ll then look at the FOMO effect of positive markets and discuss how long-term holds can be a time-tested tool to grow your wealth.
Key Takeaways
- [00:17] - Trump’s Truth Social SPAC
- [03:53] - Baltimore bridge tragedy
- [08:00] - Historic data after 5-month wins streaks & the start of bear markets
- [11:23] - Wealth creation through long-term holds
- [17:26] - Financial conditions and American energy efficiency are soaring
Links
- Trump’s Truth Social starts trading with a market value near $6.8 billion after SPAC deal
- Baltimore Key Bridge collapses after ship collision
- Cocoa prices hit $10,000 per metric ton for the first time ever
- The S&P 500 is about to be up 5 months in a row
- Detrick: buying fear is historically a strong idea
- Yale School of Mgmt: On the Nature of Long-Term Holds
- Scott Grannis: Financial Conditions Look Excellent
- Grannis: U.S. energy efficiency has soared
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Disclosure
The information in this podcast is educational and general in nature and does not take into consideration the listener's personal circumstances. Therefore, it is not intended to be a substitute for specific, individualized financial, legal, or tax advice. To determine which strategies or investments may be suitable for you, consult the appropriate, qualified professional prior to making a final decision.