Latest / Earn Your Leisure / Investment Tips for September: Market Pullbacks, Nvidia Earnings & Crypto Investment Strategies

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Investment Tips for September: Market Pullbacks, Nvidia Earnings & Crypto Investment Strategies · Earn Your Leisure

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• 1:51
  Speaker 3: What are your predictions for the market performance in September
• 1:55
  Speaker 3: as we approach this historic presidential election.
• 2:00
  Speaker 4: I think we'll have anywhere from a five to uh
• 2:04
  Speaker 4: eight and a half percent pull back. I'll give out
• 2:08
  Speaker 4: a price joinstock Club, go to invest dot com. Yeah,
• 2:14
  Speaker 4: we have a five to eight percent percent pullback in
• 2:17
  Speaker 4: the market.
• 2:18
  Speaker 2: There'll be some turbulence. There is to go.
• 2:20
  Speaker 4: Look at the Stock Market Almanac. You can get an
• 2:22
  Speaker 4: average to know how far we'll pull down. I'll call
• 2:25
  Speaker 4: out a price here. It may be my last price
• 2:27
  Speaker 4: I call out for the year, go to the universe
• 2:29
  Speaker 4: dot com. If you want all the prices, yeah, listen.
• 2:36
  Speaker 2: If y'all want to argue about the prices, then let
• 2:38
  Speaker 2: me take it away.
• 2:38
  Speaker 1: Mike, give me doe scream real quick. All right, So
• 2:40
  Speaker 1: any I want, I want to get your pain.
• 2:42
  Speaker 2: I saw this question. I'm like, all right, because.
• 2:44
  Speaker 1: We always talk about market catalysts, and this is an
• 2:47
  Speaker 1: interesting time.
• 2:49
  Speaker 2: August twenty eight. We know that Nvidia will be reporting
• 2:51
  Speaker 2: their quarterly earnings. They will knock it out the park.
• 2:54
  Speaker 1: They're gonna not wait, all all signs of pointing to that.
• 2:58
  Speaker 1: Is this the market catalyst that obviously the nastacle need,
• 3:02
  Speaker 1: but the overall market in video being an S and P,
• 3:06
  Speaker 1: is that the catastm we need. In addition to the
• 3:09
  Speaker 1: potential rate cut from the Fed, you're saying pulled back
• 3:15
  Speaker 1: at least.
• 3:15
  Speaker 2: For the first half.
• 3:16
  Speaker 1: What are you thinking about that at least the first
• 3:18
  Speaker 1: half of the month.
• 3:19
  Speaker 2: We're not getting a rate cut. No rate cut.
• 3:22
  Speaker 4: I'm why would they give it now to skew the
• 3:27
  Speaker 4: election in one favor or another, Like it's tough?
• 3:31
  Speaker 2: And then okay.
• 3:33
  Speaker 4: Credit card debt record high, debt to GDP ratio record high,
• 3:40
  Speaker 4: the interest rate payments are higher than our military spending.
• 3:44
  Speaker 4: So if in video is a tooth pick, that's like
• 3:47
  Speaker 4: keeping the burglars outside of the door. They're just finding
• 3:50
  Speaker 4: ways to delay the information until later. So now you're
• 3:55
  Speaker 4: gonna need.
• 3:57
  Speaker 1: The unemployment number right, number one, as they're a live
• 4:02
  Speaker 1: But I'm given the wives we're talking about, right, we're
• 4:06
  Speaker 1: talking about the prices of products and consumer goods coming down.
• 4:11
  Speaker 1: These were like when we saw what happened uh last week,
• 4:16
  Speaker 1: with that, we can call it a correction. I almost
• 4:19
  Speaker 1: felt like it was a certainty they're not going to
• 4:21
  Speaker 1: let this thing go out without doing a cut. And
• 4:25
  Speaker 1: everybody is now saying September. You say no, September.
• 4:29
  Speaker 4: Okay, they were supposed to have eight cuts. We haven't
• 4:31
  Speaker 4: had six. Six, We haven't had one paper cut, we
• 4:36
  Speaker 4: had one small abrasion yet, all right, So I think
• 4:41
  Speaker 4: Nvidia is going to knock it out of the park
• 4:43
  Speaker 4: though and tell you that we'll be good there.
• 4:46
  Speaker 2: But I don't think there'll be a cut in September.
• 4:48
  Speaker 1: If there is one, do you change your stance?
• 4:53
  Speaker 2: Yeah, okay for sure. But based on the.
• 4:58
  Speaker 3: Should we treat crypto like our given its high volatility?
• 5:02
  Speaker 3: Is it wise to invest in it for the long
• 5:05
  Speaker 3: term considering the unpredictability.
• 5:09
  Speaker 2: I love this question, and let's keep the US side
• 5:11
  Speaker 2: by side.
• 5:12
  Speaker 4: The market, crypto and options are all predictable since nineteen
• 5:17
  Speaker 4: seventy There are fifty two trillion data points of information
• 5:21
  Speaker 4: that have been put out since the hedge funds are
• 5:24
  Speaker 4: majorly invested into the top four their stability there. Options
• 5:29
  Speaker 4: and crypto are only tough or unpredictable if you don't
• 5:33
  Speaker 4: know what you're doing.
• 5:36
  Speaker 2: Like the risk of now. If you talked about all coins,
• 5:40
  Speaker 2: that may be different.
• 5:40
  Speaker 4: But if you're talking about bitcoin, Ethereum, Cia, Solana, it's
• 5:45
  Speaker 4: very predictable, very predictable. Options, very predictable. Take the risk
• 5:51
  Speaker 4: off of the table. What writes this down. What matters
• 5:54
  Speaker 4: more than anything is your risk profile on no trade
• 5:58
  Speaker 4: risk more than twenty percent at maximum. Ideally you want
• 6:02
  Speaker 4: to risk one point six percent of your account. But
• 6:05
  Speaker 4: I don't think the crypto or options market or the
• 6:08
  Speaker 4: stock market is volatile. Like how they say this great question,
• 6:14
  Speaker 4: But we've told you for years what to do, and
• 6:18
  Speaker 4: you guys have made money for that. And truth be told,
• 6:20
  Speaker 4: I made a lot more money than your advisors on
• 6:22
  Speaker 4: whoever you are paying too by fucking far not that hard.
• 6:27
  Speaker 2: It's not.
• 6:27
  Speaker 4: No, Yeah, everything is hard, okay, Like running a media
• 6:31
  Speaker 4: company is incredibly tough if you don't study the media
• 6:34
  Speaker 4: landscape and what to do correct. Kind of like once
• 6:38
  Speaker 4: you follow a blueprint and have a framework, there's some
• 6:41
  Speaker 4: semblance of.
• 6:42
  Speaker 2: Stability there based off the framework that you create.
• 6:45
  Speaker 4: Oftentimes traders or investors they want to they heard about
• 6:48
  Speaker 4: Solana or a mean coin, and they want to jump
• 6:51
  Speaker 4: in like everyone was bowing us up. Thank you for
• 6:54
  Speaker 4: everyone who watched the episode last week. But why panic?
• 6:57
  Speaker 4: If you've been listening all year, I don't want to
• 7:00
  Speaker 4: talk to you now about what.
• 7:02
  Speaker 2: Do you think your Japanese carry trade is? Just like Nagasaki?
• 7:06
  Speaker 2: What are you talking about? Yo?
• 7:08
  Speaker 4: The games have already been priced. It in August and September.
• 7:10
  Speaker 4: Should start your investing calendar year? Truth be told, it
• 7:14
  Speaker 4: doesn't start in January. Should start in August and September
• 7:17
  Speaker 4: when as a pullback.
• 7:19
  Speaker 1: So I'll say to the part, where should we treat
• 7:24
  Speaker 1: cryptos like options? I think if you've listened long enough,
• 7:28
  Speaker 1: the answer would be no. And here's why you're not
• 7:30
  Speaker 1: going to treat it like options Because options have expiration dates,
• 7:35
  Speaker 1: and anytime we've told you to invest in the crypto space,
• 7:39
  Speaker 1: specifically bitcoin, we've always told you to hold.
• 7:42
  Speaker 2: It long term. And so if you're.
• 7:44
  Speaker 1: Holding and when we say crypto, I'm really speaking about
• 7:47
  Speaker 1: bitcoin because outside of that and ethereum, I mean just
• 7:51
  Speaker 1: the way that those two alone tells you where the
• 7:54
  Speaker 1: top two are and where you should be.
• 7:55
  Speaker 2: But yeah, you're going to hold this long term? Right?
• 7:57
  Speaker 2: You got options? Yeah?
• 7:58
  Speaker 1: I mean people are doing day options at this point,
• 8:01
  Speaker 1: and if you try that with crypto based on this volatility,
• 8:04
  Speaker 1: you're going to get hurt and you're going to lose
• 8:06
  Speaker 1: some money. And we've seen that happen over the course
• 8:10
  Speaker 1: of any cycle. When we talk about the having cycles,
• 8:13
  Speaker 1: we talk about you know, the crypto winters. If you're
• 8:17
  Speaker 1: trying to do a trade for six months, I mean,
• 8:21
  Speaker 1: when we talk about economic catalysts, can you predict it
• 8:26
  Speaker 1: in bitcoin? There might be some similarities, but could you
• 8:30
  Speaker 1: do it in other cryptos? Probably not?
• 8:34
  Speaker 2: What would it be?
• 8:35
  Speaker 1: So I would say, no, you don't treat like options
• 8:37
  Speaker 1: obviously for the mayor of fact that there's an expiration
• 8:40
  Speaker 1: date on your contracts and you want to keep this
• 8:43
  Speaker 1: thing in your portfolio for a long term.
• 8:46
  Speaker 2: But y'all don't be holding all long term crypto anyway.
• 8:48
  Speaker 2: They don't even hold long term. The crazy bro just hold.
• 8:54
  Speaker 4: If y'all hold everything for ten years, you're good. This
• 8:58
  Speaker 4: is in every business. Like when a person owns a
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  Speaker 2: and no work. Well, you sign your rights over before
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