Wealthsteading Podcast

Conformity equals personal Mediocrity but builds stable corporate structures

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Episode 298: In this episode I’ll discuss the paradox of conformity. On a personal level, conformity leads to mediocrity. But from an investor perspective, conformance to a corporate structure often produces stable and reliable long term profits.

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SUCCESS: follow your passion vs developing a passion

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Episode 297: The debate rages on about whether it’s a good idea to follow your passion- I suggest changing the paradigm. Rather than following your passion, I suggest you work on DEVELOPING a passion. There’s a big difference and in this episode I discuss the possibilities.

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Understanding the financial news cycle

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Episode 296: The market vacillates on a short term basic because of fickle investor sentiment, not fundamental valuations. Sentiment is driven by the financial news cycle. If you can understand the nature of the news cycle, you’ll be better able to identify true long term market direction.

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Extremely volatile two weeks with switchbacks almost every other day!

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Episode 295: Today the S&P500 dropped 3% on fears of an inverted yield curve. It’s been an extremely volatile two weeks, with switchbacks almost every other day. In this episode I’ll review the key events driving the turbulence and explain the entry point that I’m looking for to buy this dip.

S&P500 below 100dma- WAIT for 200dma to BUY

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Episode 294: Today in retaliation to new tariffs, the Chinese have devalued their currency. This is very similar to what we saw in August of 2015.

Global markets have tumbled and the S&P500 has broken below its 100dma. For now I’m holding and don’t plan to buy this dip unless the S&P500 gets to or below its 200dma.

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