OUR WEALTH DAILY

  Shipping companies appear to be attractively priced right now. The U.S. Global Sea to Sky Cargo Index (SEAX) currently has a price-to-earnings ratio (P/E) of just over 2.0, which is significantly lower than stocks in related sectors and industries (transportation and industrials), as well as the S&P 500 and tech-heavy Nasdaq-100. The U.S. Global Sea to Sky ETF (NYSE: SEA) seeks to track the performance, before fees and expenses, of SEAX, a 29-stock index that provides diversified access to the global sea shipping and air freight industries. The index uses various fundamental screens to determine the most efficient sea shipping, air freight and port companies in the world.

  Critical Thinking, Logic & Problem Solving The Ultimate Guide to Better Thinking, Systematic Problem Solving and Making Impeccable Decisions with Secret Tips to Detect Logical Fallacies Bigrock Thinking Have you ever wished you were a more effective thinker? Do you feel overwhelmed when presented with a problem? In  Critical Thinking, Logic & Problem Solving , Bigrocks Thinking explains how you can enhance your critical thinking and problem-solving abilities to improve your learning, your work, and your personal life. The authors provide a step-by-step method for improving your ability to think critically and solve problems. They offer tips for conducting and thinking about research and information, covering issues like source reliability and logical fallacies. They also explain how to develop and implement solutions to problems, and they provide guidance on how to structure your thinking for effective communication and powerful storytelling. In our guide, we’ll also...

  Story Style, Structure, Substance, and the Principles of Screenwriting Robert McKee Stories are mysterious—like music, they have an emotional power over us that’s impossible to explain. However, screenwriter and storytelling expert Robert McKee argues that stories’ emotional power is not only explainable but also something you can learn to create. In  Story , McKee breaks down how stories function and uses this theory to explain how you can write a gripping story. The book is intended for screenwriters, but its principles apply to any kind of storytelling. In this guide, we’ll explain what ingredients enable stories to engage audiences on both an emotional and intellectual level. You’ll learn how “beats” of action and reaction act as the driving force of compelling scenes and how scenes, sequences, and acts fit together to form stories that hold attention. We’ll provide background from earlier works that likely inspired  Story , such as Joseph Campbell’s  The Hero ...

  Ca$hvertising How to Use More Than 100 Secrets of Ad-Agency Psychology to Make BIG MONEY Selling Anything to Anyone Drew Eric Whitman Are you pouring lots of money into your advertising budget but seeing no sales? Are consumers paying no attention to what you think are compelling, well-crafted ads? Advertising coach Drew Whitman claims this is a common gripe of business-owners but that he can help you turn your mediocre ads into money-making machines by letting you in on one big secret: Consumers are only drawn to ads that address their core human needs to survive and thrive. Once you know this, you can avail yourself of the 13 techniques Whitman presents to create such compelling ads. These include aligning your product with a customer’s preferred self-image and using cognitive shortcuts that encourage readers to buy. By the end of this guide, you’ll know how to create an ad readers can’t look away from. Along the way, we’ll add supplemental advice from other marketing gurus and...

  Surely You're Joking, Mr. Feynman! Adventures of a Curious Character Richard Feynman Award-winning scientist Richard Feynman is perhaps more commonly remembered for his colorful personality and quirky sense of humor than for his achievements in the world of theoretical physics. His scientific discoveries were merely one result of his lifelong love of learning, his spirit of adventure, and his determination to live life to its fullest. His memoir  Surely You’re Joking, Mr. Feynman!  demonstrates his drive to solve puzzles, his joy at new discoveries, and his sense of inquisitive delight. In this guide, we’ll chart Feynman’s life from his college days to his years on the team that developed the atomic bomb, and finally to his academic career that led to his Nobel Prize. We’ll examine his values of curiosity, persistence, and scientific rigor while comparing Feynman’s personal philosophy with the writings of others on the scientific process, the value of education, and get...

  The Highly Sensitive Person How to Thrive When the World Overwhelms You Elaine N. Aron If you often find yourself needing to duck out of parties early, covering your ears at loud concerts, or crying at sentimental commercials on television, you might be a highly sensitive person. In  The Highly Sensitive Person , Elaine Aron explains the trait of high sensitivity through case studies, personal experiences, and years of research. Aron is a psychotherapist, an author of multiple books on high sensitivity, and a highly sensitive person herself. In our guide, we’ll explore what high sensitivity is and where it comes from, as well as the strengths and challenges associated with it. We’ll also discuss how you can manage your sensitivity in your personal, social, and professional life and how to cope with any negative symptoms you may experience from it. We’ll also add advice from other experts on how to tap into your abilities as an HSP and manage its challenges, and we’ll context...

  The Light We Carry Overcoming in Uncertain Times Michelle Obama In  The Light We Carry,  former US First Lady Michelle Obama explains that everyone has the potential to improve the world in a way others can’t since everyone has unique abilities, strengths, and perspectives. Since our potentials are unique, Obama believes we have a  responsibility  to fulfill them: No one else can fulfill your unique potential to create positive change, so you must do so. In this guide, we’ll explore the benefits of nurturing and sharing one’s unique abilities, strengths, and perspectives. We’ll also discuss the major obstacles to doing so and the tools Obama recommends for overcoming those obstacles. In our commentary, we’ll compare Obama’s ideas to those of self-help authors such as Stephen R. Covey and Maxwell Maltz, and we’ll examine how her suggestions intersect with psychological principles.

  IF this is the beginning of a VIOLENT move upwards, commodities are about to get very expensive... You'll see that, relatively speaking,  commodities   are the cheapest they have ever been compared to the S&P 500.  There's nowhere to go but up The  smallest  gold run-up in the past 90 years was 45 percent-more than  twice  the current gain. Every other rally was far,  far  bigger: From 1972-1974,  the rally yielded a 100 percent gain. From 1978-1980,  another 100 percent gain. Then from 2007-2010,  a 67 percent increase in the price of gold. As you can see from the chart, when gold is ready to rise, it  takes off . Every single one of the years in the date ranges above saw an increase of more than 20%. That's how you know the gold rally has barely just begun. 2023 is Inflation Versus the World Central banks will do everything they can to fight it... and get their economies back on the growth track. And you just ...

  5. Scalp trading The opposite of swing trading strategy is called scalp trading. This is where you take a position for much shorter periods of time, like seconds or minutes. The gains you can make here are much smaller and require more focused attention, but your profits can pile up because you can make so many of these types of trade per day. It has the potential to be more profitable in the short-term than the longer-term strategies.

  4. Swing trading Another strategy that many people use is called swing trading. This is where you hold your positions until the market trend or swing you are predicting runs its course or shows signs that it's reversing. A swing trading strategy requires less time and attention than day trading, but you still also need to catch the trends, the moment they form. The extra time you are holding your position, may allow for a greater price shift, and therefore may result in higher profits than with day trading. Be careful though, as the price may swing the other way, or against you resulting in losses.

  3. Day trading The strategy of short-term gains is called day trading. It requires a lot of working hours if you want to do it the right way. Day trading offers a great deal, could be riskier than hodling, but also requires a far greater time investment. It is focused on buying stocks or crypto or what you believe will prove to be a lower or higher price. Anticipation of short-term movements, making a profit relies on the price moving in your favor. At which point you would sell your investment for a profit. The risk here is that sometimes the price will do the opposite of what you were expecting. The day aspects of day trading, relates to the short-term nature of the position you take. Day trading, it is just about taking trading positions for a few hours or days, rather than months or even years. As we said, the crypto markets are open 24/7, which means it is easy to adapt day trading on those markets. The case is different with stocks, as they are closed on the weekends and ho...

  2. Dollar-cost averaging DCA may sound complicated at first, but actually it is quite simple. It is a variation of hodling, that mitigates against some of the risks we discussed in the previous section. The goal with dollar-cost averaging, is to make regular investments of the same amount at repeated intervals. Regardless of the day-to-day price, giving you an average overrule price. To give you an example, let us just say you make a plan to buy $50 each month from the first day of the month, and stick to that no matter what happens to the price, it does not matter if the date that you choose falls on a weekend or a bank holiday, because unlike the stock market,  crypto markets are open 24/7 . This strategy hedges against major market movements and takes a long-term position over several months or even years, thereby helping you to avoid mistiming the market. And it is arguably one of the best strategies available.

  1. HODLing This strategy is a very popular one. Originally, Hodl was a misspelling of 'hold', in a drunken run on the Bitcoin Talks online forum. It is also sometimes used as an acronym for 'Hold On for Dear Life'. To hodl means to buy a lump sum of crypto, and store it securely safely for potential long-term, long range, and long-odds growth. We are talking about keeping your crypto until it moons. Holding is a basic strategy. Essentially, you buy an asset, and you keep it safe for the long-term. It has been effective for many, when you consider Bitcoin's meteoric rise in value, since its inception. For example, if you bought one Bitcoin for $250 in March 2015, and hodled until June 2021, you would have a return of almost 13900%, because the price rose to $35,000. However, hodling also has risks. If you do not time your market entry point, and the market drops, you can only really cut your losses or wait and watch. This can be pretty scary. This is why you should...

  Historically, every time this has happened before, a Fed pivot was imminent.  That is, every single time the 2-year Treasury yield has dropped more than 100 basis points below the Fed Funds rate, the Fed went from hiking rates to cutting them.  For all the talk of rate hikes from various Federal Reserve members, the bond market is telling the Fed that it has no more room to hike. It’s time to cut.  The Fed will listen to the bond market. It always does, as the chart above shows. Every time the bond market tells the Fed this loudly that it needs to cut rates, the Fed ends up cutting. 

Next Market Peak Here’s a look at the last five major bear markets (including 2022), and the number of days it took for the stock market to go from one peak to the next: Market Peak Market Trough Next Market Peak Total # of Days November 28, 1980 August 12, 1982 November 3, 1982 705 March 24, 2000 October 9, 2002 May 30, 2007 2,623 October 9, 2007 March 9, 2009 March 28, 2013 1,997 February 19, 2020 March 23, 2020 August 18, 2020 181 January 3, 2022 ??? ??? ??? Source: A Wealth of Common Sense  3 The pandemic-driven bear market of 2020 marked the fastest round trip (181 days) to a new peak since 1950, but I think we can classify it as an outlier given the circumstances. Beyond that bear market, the shortest amount of time it took for the market to get back to a previous peak happened in 1950, when it took 436 days. Consider that since 1950, the average number of days it took the stock market to return to a peak is 1,166 – or over three years. That’s a long time. 

  Central banks around the world keep stacking gold: So far this year, they’ve been buying at the fastest clip in over a decade. “On a year-to-date basis,” says a report from the World Gold Council, “central banks have reported net purchases of 125 [metric tons]. This is the strongest start to a year back to at least 2010.” The year 2010 is a good starting point because that’s the year central banks became net buyers of gold. Top buyers lately include Russia — which just updated its figures for the first time in a year. The Russian central bank added 31 metric tons as it continues to diversify its foreign exchange reserves out of dollars — which it can’t access after Washington froze those dollar reserves. Meanwhile, China has added 102 metric tons over the last four months.