Can people change their financial habits. You know, well, what are some effective ways at doing so. >> The answer is yes, we can absolutely change.Um, my book, How to Change, shares a lot of different strategies for supporting this. The first thing I would say is the best thing we can do with our finances is think about set it and forget it solutions. What do I mean by that.I mean, um, have you signed up if you have an employer with a 401k or a 403b plan where you can get a tax advantaged, um, uh, benefit f ...

Private Equity Market Trends - Private equity firms face concerns about selling previous investments at good prices due to liquidity issues [1][2] - Public markets are trading at all-time highs, but private markets are not seeing the same success, partly due to timing and high purchase prices [2] - Prices of companies typically bought by private equity firms have deflated significantly, with trading multiples decreasing from 17-20x to 7-8x [3][4] - Lower asset prices create opportunities for fund managers to buy at attractive prices, but also make it harder to get liquidity [6] Alternative Investments in Retirement - Deploying capital is easier than realizing capital gains in the current market [7] - The US 401k market, a primary savings tool for Americans, has been largely locked out of private market investments [8] - Inclusion of private markets in 401ks requires regulatory changes [8][9] - Diversification through private markets is essential for a better retirement portfolio, especially given the concentration in public markets [10] Portfolio Construction and Risk Management - Pensions have driven returns through private markets [13] - A portfolio construction strategy involving heavier weighting in private markets for younger savers, gradually shifting to more liquid assets over time, is suggested [14][15] - Illiquidity of alternative investments is a concern, especially during market downturns, but can be managed through appropriate portfolio construction [11][12][14]

Market Trend & Policy Impact - President Trump's executive order allows Americans to invest retirement savings in alternative assets like private equity, cryptocurrency, and real estate [1] - The executive order aims to provide retirement savers with more investment opportunities [1] - The order could give these industries access to $12.2 trillion in American retirement savings, with $9 trillion specifically in 401k plans [4][5] Investment Risks & Concerns - Financial experts warn that alternative investments pose higher risks that may outweigh potential rewards [2] - Certified financial planners caution against investing in alternative assets without professional advice, regardless of net worth [5][6][7] - Alternative investments come with higher fees, limited liquidity, and a lack of transparency [9] - Lack of real-time pricing and publicly available information compared to publicly traded companies [10] - Potential difficulty in selling these assets, especially when nearing retirement age [10] - Concerns that investors may not fully understand the risks and impact of these investments [8][9] - Some suggest limiting alternative asset investments to 5% or 10% of retirement savings [12] Investor Protection & Education - Need for free education, awareness, and resources to understand the risks before investing in alternative assets [12] - Importance of free financial advice and increased transparency [13]

Market Impact - The potential executive order could allow individuals to invest in Bitcoin and cryptocurrencies through their 401k retirement accounts [1] - US retirement accounts hold an estimated $43 trillion, including approximately $9 trillion in defined contribution plans like 401ks [2] - The crypto industry's market capitalization is less than $4 trillion, suggesting a significant influx of capital into Bitcoin and crypto assets if the order is implemented [2] Investment Strategy & Risk - The report questions the allocation of American retirement accounts to US treasuries, which are described as assets that are essentially guaranteed to lose value over long periods of time [3][4] - The iShares 20 plus-year Treasury bond ETF has reportedly lost nearly 50% of its value in the last 5 years [5] - Traditional 60/40 portfolio allocations are criticized for potentially harming boomer portfolios [5] - The report advocates for giving investors the freedom to allocate to assets like Bitcoin, arguing it could offer a better chance to save themselves from financial disaster compared to traditional "safe" investments [6]

RT Anthony Pompliano 🌪 (@APompliano)I sat down with @jvisserlabs to talk about bitcoin coming to 401k’s, the lack of volatility, why Wall Street is talking about ETH & stablecoins, what is going on at the Fed, how AI & GPT-5 will impact the economy, and how you can make more money.Enjoy!YouTube: https://t.co/REooIZiJOZSpotify: https://t.co/yQdDrQgMaMApple: https://t.co/jHEYQhuLR2TIMESTAMPS:0:00 - Intro0:56 - Impact of bitcoin coming to 401k’s6:26 - Bitcoin’s current lack of volatility10:32 - Thinking throug ...

Bitcoin & Cryptocurrency - Bitcoin's potential inclusion in 401k plans is being discussed [1] - The perceived lack of volatility in Bitcoin is a topic of interest [1] - Wall Street is actively discussing Ethereum (ETH) and stablecoins [1] Economic Impact - The Federal Reserve's actions are under scrutiny [1] - The potential impact of Artificial Intelligence (AI) and GPT-5 on the economy is being considered [1] Financial Advice - Strategies for increasing personal income are being explored [1]

Cryptocurrency & Investment - Bitcoin's integration into 401k plans is discussed [1] - The report addresses Bitcoin's current low volatility [1] - Ethereum and stablecoins are being analyzed by Wall Street [1] Technology & Economy - The potential economic impact of AI and GPT-5 is explored [1] - Individual productivity gains are examined for their impact [1] Monetary Policy - The report provides insights into the actions of the Federal Reserve (The Fed) [1]

IPO Market Dynamics - Investor appetite for IPOs is picking up, with companies like Figma, Circle, Chime, and Firefly Aerospace experiencing significant gains on their first trading days [1] - The IPO market is experiencing pent-up demand and asymmetric speculation, with abundant capital seeking high-return, low-risk opportunities [2] - Speculative excess is evident in the market, potentially indicating a frothy environment with red flags [3][4] - Post-IPO volatility can reach 100% to 250%, attracting traders seeking to double their investment [5] IPO Pricing and Insider Advantage - Most individuals cannot participate in IPOs directly, focusing on post-IPO trading, particularly in options markets [6] - Underwriters may intentionally underprice IPOs, benefiting investment banks and insiders who hold restricted stock with a typical 6-month lockup period [8] - Underpricing IPOs creates positive PR and allows insiders to benefit from an initial price surge [9] - A small percentage of outstanding shares traded at a high price can significantly inflate the company's market capitalization [10] Retail Investor Access to Private Markets - There's a push to allow retail investors access to private equity, venture capital, and private credit through 401(k)s, traditionally limited to accredited investors [12] - Advocates argue for self-directed investment choices in 401(k)s, allowing individuals to invest in a wider range of assets [13][14] - Opening private markets to retail investors democratizes the process but also introduces new levels of risk due to less stringent disclosure rules compared to public companies [15] - Opening up private markets is expected to increase market efficiency and foster industry growth, despite potential risks [16][17] Private Equity Investment - The argument that private equity outperforms public markets long-term is primarily due to the lack of day-to-day liquidity, rather than inherent differences in the underlying business [19] - The extended duration of private equity funds (e.g., 7 years) reduces the observed volatility in their P&L, potentially masking the true risk [21]

Cryptocurrency & Investment - The White House is rumored to allow individuals to buy Bitcoin and cryptocurrencies in their 401k retirement accounts [1] - US retirement accounts hold an estimated $43 trillion, including about $9 trillion in defined contribution plans like 401ks [1] - The entire crypto industry's market cap is less than $4 trillion [1] - Over the last 50 years, the purchasing power of the US consumer dollar has fallen by over 83% [1] - The S&P 500 has increased by over 150 times even after accounting for inflation [1] - The ishares 20 plus year Treasury bond ETF has lost nearly 50% of its value in the last 5 years [1] Student Loans & Education - One example shows a $40,922 student loan potentially requiring a repayment of $118,355.59, with $77,383.59 attributed to financing costs at a 13.500% fixed interest rate [1] AI & Technology - Chat GPT usage has decreased since school got out [2][3][5]

Regulatory Environment - Executive Order signed, potentially bringing crypto to 401k plans [1] Cryptocurrency & Retirement - Retirement is now "onchain," suggesting integration of blockchain technology [1] - Crypto integration viewed as a "huge move" and a "big win" for retirement savings [1]