💰 📫Hi, Here is Your Monthly Digest #30 | June-23

Published: Thu, 06/29/23

Enjoy this curated list of Sweat Your Assets monthly content for June 2023.

MARKET BAROMETER

An eye view of Stock Market Indicators: this month | previous month | % changes over 5 years.

As of June 29, 2023:

VIX (volatility index) - the fear gauge: 13.51 | 19.32 | -15.85%
S&P 500: 4,376.86 | 4,151.28 | + 61.01%
VTSAX - Vanguard Total Stock Market Index Fund: USD 105.57 | 100.09 | +54.48%
BND - Vanguard Total Bond Market Index Fund: USD 72.99 | 72.23 | -7.83%
VNQ - Vanguard REITS - Real Estate: USD 83.11 | 78.40 | +2.04%

There is optimism in the present market (low VIX). Note: optimism is a sentiment. Too optimism bring risk.

There are calls for a bull market, due to improved prices in the capital market.

Overall, we are still far from extremes values in the market cycle.

QUOTES

HOW TO GET PAID. There are 3 ways to get paid: 1) lie to people who want to be lied to, and you will get rich; 2 tell the truth to people who want the truth and you will make a living; 3) tell the truth to those who want to be lied to, and you will go broke; (Jason Zweig father).
WASTING TIME. The most invisible form of wasted time is doing a good job on an unimportant task. (James Clear)
HOLIDAY TIME. Vacation won't make things better. Changing jobs won't make things better. Getting the recognition you deserve won't make things better. Drugs won't make things better. The only thing that will make things better is your relationship with yourself. (FS)

ARTICLES ON

MINDSET / ENTREPRENEURSHIP

From Exploitation to Irrelevance. Are you concerned about Artificial Intelligence (AI) replacing humans in most industries? Do you worry about the long-term impact of products like ChatGPT? If you plan to stay relevant and provide value in your job or business, these are all good questions.

INVESTING

Mario Draghi Speech at the MIT. I learned from Howard Marks to overlook predictions but to get a good grasp of where we stand right now, and which are the challenges and opportunities to tackle immediately. Draghi’s high-level insights are gold. Enjoy the reading.

VIDEO ON

INVESTING

Invest Like a Farmer, by Warren Buffett. In this Youtube video tutorial, Buffett relies on the timeless analogy of the wise long-term investor with the same mindset as a farmer.

PERSONAL FINANCE

The Money Code. In its author’s words, the Money Code that Jewish knew for centuries is found in the books containing history’s greatest wisdom: Jewish religious texts. Your financial success depends upon the two key pillars:

(i) the wisdom you learn from these Jewish books and (ii) your will to change your way of doing things and take action. Check out the 7 Money Codes!

PODCAST

I've just lunched Sweat Your Assets PODCAST. I am still testing the medium with my first 6 episodes published so far. You can check out them here or on your favourite Software (Apple, Spotify, etc).

Invest like a Farmer, 2/2

Welcome to Sweat Your Assets, a podcast boosted with practical wisdom to help you master…

June 24, 2023

The Money Code, by HW Charles

Welcome to Sweat Your Assets, a podcast boosted with practical wisdom to help you master…

June 17, 2023

The History of the Federal Reserve, by James Corbett

Welcome to Sweat Your Assets, a podcast boosted with practical wisdom to help you master…

June 10, 2023

The Secret Diary of a Sustainable Investor, by Tariq Fancy

Welcome to Sweat Your Assets, a podcast boosted with practical wisdom to help you master…

June 4, 2023

Until Next Month...Keep it Real and Sweat Your Assets.

Alessandro BARONI

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