RT MR SHIFT 🦁 (@KevinWSHPod)Why Crypto Needs Privacy: Mert Mumtaz on Zcash, Building on Solana, and Long-Horizon InvestingIn this episode of When Shift Happens, I sit down with Mert Mumtaz, CEO and co-founder of @heliuslabs, to discuss why he’s betting hard on privacy, Solana infrastructure, and long-term conviction plays like Zcash, SOL, Bitcoin, and Hyperliquid.The conversation goes deep on first-principles investing, how internet connectivity reshapes price action, and the discipline it takes to build an ...

Group 1 - The individual began investing in high school in 2011, focusing on REITs, preferred stocks, and high-yield bonds, indicating a long-standing interest in markets and the economy [1] - Recently, the investment strategy has evolved to combine long stock positions with covered calls and cash secured puts, reflecting a more sophisticated approach to investing [1] - The investment philosophy is fundamentally long-term, with a primary focus on REITs and financials, while occasionally exploring ETFs and other stocks based on macro trade ideas [1]

I think that a young person should not be focused at all on cash positions or bonds or hedging strategies or covered call selling. Young people should be fully invested to the stock market. They should understand that every dollar they put in uh could lose 20 cents uh literally overnight.Sometimes for a good reason, sometimes for no reason at all. And that when you have a 30 40 50 year time horizon, literally that's the best possible thing that could happen is a 20% bare market. Because if you have an autom ...

What Millionaires Actually Do:• Budget• Invest in index funds• Avoid debt• Ignore hype• Reinvest everything• Stay consistent for decadesNo secret sauce. Just good habits. ...

Millionaire Mindset - Millionaires focus on a different game than common obsessions [1] - They avoid fixating on superficial aspects [2] Things Millionaires Don't Obsess Over - Fancy titles are not a primary concern [2] - Short-term stock moves are not a major focus [2] - Being right all the time is not a priority [2] - What others think is not a significant influence [2] - Looking rich on Instagram is not a key objective [2]

Market Performance & Investment Strategy - The Yahoo Finance Chart Book's third volume compiles insights from Wall Street economists and strategists on economic and market trends [1] - Charles Schwab's strategist highlights the benefit of staying invested and the power of compound interest over a 60-year period (1961-2023) [2] - Investing $10,000 between 1961 and 2023 would have yielded $102,000 under Republican presidents only, $500,000 under Democratic presidents only, and $5.1 million if continuously invested [2][3] - Long-term market trends have generally been positive, regardless of the president in office [3] Presidential Elections & Market Returns - Truist analyzed annualized S&P 500 returns under the Obama, Trump, and Biden administrations, finding returns in the 13-16% range [4][5] - Strategists generally advise against letting political views influence investment decisions [5]

Market Dynamics - The market will always provide an incentive to sell [1] - History will always provide an incentive to remain invested [1]

Generational Investing Trends - Current generation relies on unregulated online advice for investing, engaging in stocks, crypto, and prediction markets [3] - Many people lack sufficient savings, with almost half the country unable to cover three months of expenses [5] - Amateur trading surged during the pandemic, increasing direct stock ownership among Americans from 15% to 21% in three years [16] - Gen Z primarily seeks investment advice online, influenced by YouTube and social media [15] Investment Strategies and Perspectives - Best investing advice is to start now, buy low, and sell high, investing 10% of every paycheck [1] - Most people are better off buying and holding long-term investments rather than frequent trading [21] - Generational wealth has to start somewhere, making investing important, especially with housing becoming less accessible [24][22] - Contrarian investing involves doing things differently to achieve better results [37] - Volatility should be viewed as an opportunity to buy during weak moments and hold for the long term [40] Financial Literacy and Education - Financial literacy, including budgeting, saving, and managing money, is crucial but not consistently taught in schools [28] - Authentic and unbiased financial advice is craved, as good resources are not always reaching people [13][14] - Financial freedom stems from understanding the financial system and setting goals for saving and investing [57]

Financial Habits - Spend less than they earn [1] - Invest automatically [1] - Avoid lifestyle creep [1] Personal Development - Stay curious & keep learning [1] - Think long-term—always [1]

Investment Philosophy - The primary objective is not rapid wealth accumulation, but rather long-term wealth preservation [1]