“In both cases success became less about a series of victories and more about going big or going home.”- Ben Thompson
How to invest in an economy like this.
I’ve been doing this for 10 years, and grew up listening to economic reports on the way to go skiing with my dad or drives to Crookston for hockey. I’ve been around the block and what I can tell, with certainty, is that this economy, and what is happening, is hard to invest in. If you look at the data, and listen to Chair Powell, the Federal Reserve Chair, you’ll just end up sitting back in your chair scratching your head. So what to do? After all, the combined assets from readers that read Weekend Reads is well into the 100s of millions. Three things:
Here’s another freebie, read a lot. While not particularly great times, these are interesting times, the tech trade is over, there is a major war in Europe, interest rates are at decades highs, the economy is adding jobs, etc.
Though times are challenging, it’s these times where you learn about yourself, your balance sheet and what you did wrong over the past cycle.
Stay nimble. Keep smiling.
Flights from where you are to Bangkok, Thailand are on sale.
If you are reading this knowing you need to take your financial life to the next level. Please reach out. Simple as that.
How can we serve you? We invite you to contact us today so we can help answer any questions you may have about your financial situation.