Stock Market Graph

Search Results

Search

Journey to $1 Million, August 27th, 2021

Is the Fed going to start a buy back? Yes. Will tapering start sooner rather than later? Highly likely. Do we already know that? Yup. My theory is if we already know something, then it is already priced in. Today all US market pulled backed around 0.6%, which isn't a surprise coming off of a 5 day winning streak and all time highs. I always try to put things in to perspective. The media will try to cause a panic for the click, click, clicks. Let's keep a rational head on our shoulders and go about making our bread.


Federal Reserve Bank of Kansas City President Esther George said she would prefer to begin removing monetary policy accommodation and begin tapering asset purchases “sooner rather than later”. Surprised? No.


"We're not expecting a formal definitive announcement tomorrow, given the deterioration in the macro landscape since that July meeting, when the taper debate really unfolded," Candice Bangsund, Fiera Capital Global Asset Allocation vice president and portfolio manager. Surprised? Also not.










Do you want a Visa Card that gives you up to 8% cash back in Crypto? Free Netflix & Spotify? Also possibly AirBnb & Expedia monthly reimbursements? Earn up to 14.5% on your Crypto HODL portfolio! I do. Check out Crypto.com and get $25 if you sign up for one of their Visa Cards. I will start running all of my daily expenses through this card and I estimate will save around $10,000 per year. (If you don't stake you can still get 1% cash back, and if you stake only $400 it is 2% plus earn 10%p.a. on the $400)





Disclaimer: The comments opinions and analysis expressed herein are for informational and educational purpose only and should not be considered as individual advice or recommendations. Prostockadvice.com is not responsible or liable in any way for opinions expressed here. This is not meant to be financial advice as we are not a licensed financial advisor.


225 views0 comments

Recent Posts

See All