WHEN INVESTING BECOMES A LIFESTYLE YOU WEAR IT!

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ENTITLEMENT DOESN’T BUILD LAST NAMES…

They say the definition of insanity is doing the same thing and expecting a different result. The same can be said for unrealistic expectations.

For example, if you were thinking that having one job or a solo income was enough to have a successful life because that’s what you saw growing up—SURPRISE! Welcome to the real world.

This is no longer the baby boomer life where you could buy a house, afford a car, and send your child or children off to college from one income. Nor is this a life that affords you the luxury of complaining more than you are willing to adapt.

This is pure Darwinism, survival of the fittest. Regardless of what society has fooled you into believing you don’t get a participation award for your presence.

You have to show up for a qualifying event, which means you earn every bit of your six inches of mental space.

That’s right…you have to earn it!

So, say goodbye to your old world of helicopter parents and hello to the classic Roman 300 movie, where you either evolve or you die.

If you don’t, your children start behind the 8-ball—going to public schools in districts that teach standardized testing, because you can’t afford a better zip code.

You rob them of the life they could have and replace their life with examples of yours. And not to say you aren’t living a fantastic life, but wouldn’t you want them to create a world that’s defined by them, inspired by you?

These days, you need an understanding of the terrain, the tools, and assets you need to prosper. The level set would be to understand that multiple streams of income is a prerequisite, not a choice.

Notice I didn’t say multiple jobs or side hustles.

We live in a day and age where an income can be earned digitally that doesn’t need your presence daily. Whether that’s a software as a service creating useful artificial intelligence applications or online retail sales.

Whatever that vertical is, it’s your job to find the streams that accentuate your skill set instead of the mindset of the “Skills that Pay The Bills.”

After all, whose last name are you building anyway?

The average person does not stay in a job for more than 3.9 years, so this tells you that they are either biding time or wasting time. This also speaks to the lack of resources being created to retire with the lifestyle you can afford to finance throughout the later stages of life.

From my experience the areas of concern are:

• Insufficient insurance

• Underfunding retirement accounts

• Lack of estate planning

• Unrealistic financial goals

• The lack of a real-world financial education (real estate, stocks, bonds, and insurance)

• No real plan or diagram to achieve their goals

This leads to bad decisions later on in life that can extend past your earning years. One thing is for certain; whining and complaining about how life is unfair will not make life fair.

You have to insert yourself as the solution between the problem. This is why I subscribe to my own personal bridge and ladder method. If it’s a big problem, I'll build a bridge. If it’s a small problem, I’ll get a ladder but under no circumstances will I bitch in a ditch.

There is too much opportunity in this world to sit around sulking because you woke to the realization that your helicopter parent lied to you. NO, you don’t get an award for showing up.

Life is a sure-fire lesson in survival of the fittest, either you are fit to survive, or you are just a good meal for a lion that’s looking to take your seat. I don’t know where society got lost or misplaced the instructions and failed to read the warning label.

Life doesn’t owe you a damn thing so if you want to build a business, find a mentor. If you want to be successful in the stock market, do the homework. If you want to be successful, bust your hind parts to get what you want.

But by no means expect someone to just give it to you because you have a pretty face or a gentle spirit.

I, for one, am quick to tell you I am a lion, and if you are a sheep on a good or bad day, you look like something to eat.

A FOOL AND HIS MONEY…

I find that there is no shortage of fools spewing ridiculous, baseless advice on social media when the market is down. 

Unfortunately, there is also no shortage of losing investors willing to listen, grasping at straws seeking salvation in false prophets. The market is riddled with complexities not easily deciphered by the inexperience or even common sense. 

The markets are all connected, complicatedly intertwined like vines on a tree. 

The key is understanding how the world markets work in concert and staying away from greed-based market theorists that are long on trading and short on investing. Most lack a macroeconomic, microeconmic or geopolitical education and, more importantly, experience.

So it’s impossible to see the market from a world view, and although as a former stockbroker, I don’t claim to know all things concerning the market.

I do understand the importance of staying a student. This is why my favorite slogan is, The why is more important than the what, and the data is the only thing that matters. 

So, understanding the technicals or learning the fundamentals isn’t nearly enough to navigate the market’s diagram for success.

It takes understanding macroeconomics, microeconomics, the fundamentals, the technocals, geoeconomics, and geopolitics. 

Next, is understanding both domestic and international monetary policy and the biggest markers of all the bond markets.

Once you have a deep understanding of these fragments, you will learn the humbling reality that no matter what you know, the markets know more.

We are in a period of uncharted waters where it seems as if Trump’s White House is playing an international game of chicken that has the potential to be as destructive as the Smoot-Hawley Tariff Act of 1930. 

The treasury market is spooked, and the dollars have been dropping, which has the implication that international holders are selling dollars to prop up their currencies so they benefit from exports.

The international community has lost confidence in the U.S. and the stock market is a reflection of the turmoil the tariffs have caused.

No sector is safe as the White House knocks the economy two steps back, hoping that their strategy pushes us four steps forward. 

One thing is for certain, tariffs are Trump’s new powerful toy that allows him to inflate or deflate the stock market at a whim. 

Let’s just pray that he strikes a deal where all parties win, because without free trade, we will get hit.

WHEN INVESTING BECOMES A LIFESTYLE YOU WEAR IT!

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TRUMP SAYS “BUY STOCKS NOW”…

Lo and behold, we have the makings of a deal; the U.S. and the UK agree to a deal in principle.

The U.S. agreed to reduce the 25% automobile tariffs to 10% on the first 100k from the UK and eliminate tariffs on steel. The UK will lower or eliminate non-tariff barriers on U.S. products such as beef, ethanol, machinery, and chemicals, and fast-track U.S. products through customs.

The deal is expected to create 5 billion new export opportunities for farmers, ranchers, and producers.

The UK will provide concessions on digital service taxes, benefiting U.S. technology companies.

The 10% base tariff will remain, which I believe was all part of the plan.

The idea was to ratchet tariff rates so outrageously that countries would be backed into a corner, leaving them no choice but to deal. At the same time, a 10% base tariff would be slipped to ensure an increase in tariff revenue.

Now I know what your thinking, a 10% tariff is really a tax on American consumers as businesses will pass on the cost, but my question to you is two fold…would you have a 10% tax or a 100% tax, and lastly…how do you really think they intend to off set tax cuts? Let’s be realistic.

The illusion of distractions, uncertainty, and a non-negotiating stance was all part of showmanship.

If the world were to believe Trump was serious, America had to believe, and the media helped propagate the narrative, and the market pushed the needle as the butter knife masquerading as a butcher knife pretended to cut deep.

April 7th market panic pushed the narrative too far, and the dollar and treasury markets participated. If you were in the know and resisted the urge to panic, you saw plenty of opportunities and grabbed some very good discounts from quality companies.

And while the negotiations are in their infancy stages, it does set up the possibility for a return to the upside in the stock market.

Nothing spooks the market like uncertainty, but nothing stabilizes the downside like clarity.

Just the fact that there is an actual deal being made will not only calm the market but also provide a glimpse into the future framework and blueprint of potential upcoming trade deals.

Although each deal will carry its own nuances, the 10% baseline tariffs seem to be a constant.

The deals look to be aimed at freeing up international markets for American goods and eliminating non-tariff barriers to do so, while providing an open market for international trade.

If successful, Trump’s call to action, “Buy stocks now,” might actually have some teeth.

I personally never let temporary events change my long-term plan simply based on the historical view that this too shall pass.

 WHEN INVESTING BECOMES A LIFESTYLE YOU WEAR IT!

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Quick Links…

Can we even trust the post?…

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Kevin Davis Founder of Investment Dojo and Author of The C.R.E.A.M. Report