Weak job market.Cut interest rates.Assets go up. ...

Core Insights - The definition of "upper class" is projected to change significantly by 2030, with a required net worth of at least $5 million compared to the current $3.5 million [3] - This shift is attributed to inflation, asset appreciation, and changes in wealth distribution, with property prices expected to rise between 20% and 40% in major areas from 2020 to 2025 [4] Investment Strategies - Achieving upper-class status will necessitate investments rather than just increased savings, with the stock market being a key avenue for wealth accumulation [4] - Alternative investment options such as real estate in developing countries and pre-IPO technology companies can yield substantial returns for informed investors [5] Income Diversification - Creating multiple sources of income through side hustles or passive income investments is recommended as a strategy for wealth creation [6] - A diversified approach to income generation is essential for faster wealth accumulation compared to relying on a single income source [6] Economic Preparedness - To navigate the rapidly changing economic landscape, individuals must be proactive, informed, and willing to make bold financial decisions [7]

Trump's talking about getting rid of Jerome Powell, which means the administration wants lower rates, which means a liquidity cycle is forthcoming, which means liquidity cycles equal much higher asset appreciation. You know that first of all, we should talk about that next week. We should talk about that.Donnie says it well. Don't get distracted. Make a plan and stick to it long term. That's a great place to end it. ...