Cliff Notes: TOP INVESTMENTS FOR 2022, SHIBA, BITCOIN, & TESLA - podcast episode cover

Cliff Notes: TOP INVESTMENTS FOR 2022, SHIBA, BITCOIN, & TESLA

Oct 24, 202114 min
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Episode description

In this Cliff Notes we spoke about the top investments for 2022, Shiba cryptocurrency, Bitcoin, Tesla, inflation, Gold, Tina Turner selling her music catalog, and more. 


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Transcript

Speaker 1

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Speaker 2

So GM revealed that the company will offer thirty all electric model vehicles by the middle of this decade. So when I told you guys, the entire strategy of when you're looking at at a space, a sector, you want to invest in the top three and ideally get into.

Speaker 3

The top two.

Speaker 2

So if Tesla is the pre eminent leader and EV, who would be second. And I've said for a while now GM has been doing great things. Ford not so much. Even though the Bronco looks a little bit impressive, I can't lie about that. The management of Ford has not been as great as GM in comparison.

Speaker 3

So GM is going to have a stranglehold.

Speaker 2

And if, like we said last year when we're talking about the election, if Biden pushes this initiative for the fleet of vehicles in the United States to be EV, he's probably going to do the deal with GM and not.

Speaker 3

Tesseling thoughts on sheep.

Speaker 2

Normally I'll have a salacious take on this and be like it's trash and it's gonna fall in these amount of days. But the thing I will say that will help you the most. And you guys have to realize, like, if I'm an attacking an asset class, it doesn't mean that I'm attacking you.

Speaker 3

Because none of us own the asset.

Speaker 2

Like I get so tired of us arguing about whether indexes are better versus this versus that it's like you don't own enough of the asset to even argue about it. But the point I want to make is if you want to make the most amount of money, and you have a definitive thesis or idea about why you love an asset, the best thing you can do, especially for holly volatile stocks or currencies or coins, is to hold them for a ten year period. If you do that,

you can hit some pretty amazing home runs. And then maybe next week I'll show you guys, if you invested a thousand dollars in bitcoin ten years ago what it would be now and break that down versus a couple different assas classes. But the best advice I can give

you is to hold it for ten years. Since bitcoin is went to twenty eight thousand, has some change, Like a call shout out to Kristen, we hit fifty six k. So when we hit these ridiculously yearly lows, and a great homework assignment for you, write this down every single month over the last ten years. There is a percentage drop that occurs in every currency, every asset class, same with bitcoin. You probably should write down what they are and if we have a deep drop based on those percentages.

So like let's say hypothetically not saying this is true, but let's say Bitcoin tends to go down twenty two percent in August on average over ten years, you should set your entry at twenty two percent from the high of that moment in August to be able to get into a great place into the market and then get some great games out of the market. And the number one reason why investment is important because look at this.

In nineteen thirty two, twenty dollars will get you four hundred and eighty two gallons of gas.

Speaker 3

Now it will get you seven.

Speaker 2

And if you're driving like a yukond Donali or you know any any big suv, you know, twenty dollars isn't going to stretch very far for you. Six hundred and seventy five dozen eggs in nineteen thirty two, now you only get ten, and then twenty seven hundred first class stamps. Now it'll only get you forty. But most of you are sending your messages via text and DM. Over the last year, natural gas to shot up one hundred and

forty one percent. Heat and oil has won up one hundred and twenty percent, Gasoline has one up ninety three percent, coffee has won up ninety excuse me, seventy nine percent, and lumbers went up twenty four percent. Remember when lumber was going crazy and people was like stockpiling it, and I told you, hey, this won't last forever.

Speaker 3

But look at this.

Speaker 2

Silver and gold silver negative eight percent, gold negative eight percent. Gold and silver are not the hedges that everyone thinks that they are, same as the bond market unless you're much older, and even they're not gonna argue that investing in indexes is a better way to go. But silver and gold are not a hedge that you should partake

in if that's what you're truly looking for. Top performing assets of this year Ethereum is up three hundred and eighty three percent, Bitcoin is up ninety and Vida is up fifty nine percent.

Speaker 3

Google, which we probably.

Speaker 4

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Speaker 3

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Speaker 4

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Speaker 1

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any longer. Speed up your hiring right now with Indeed, and listeners of this show will get a seventy five dollars sponsored job credit to get your job more visibility at indeed dot com slash pod katz thirteen. Just go to Indeed dot com slash pod katz thirteen right now and support our show by saying you heard about Indeed on this podcast. Terms and conditions apply. Hiring Indeed is all you need.

Speaker 2

We'll talk about it enough, but it's up fifty seven percent. Microsoft is up thirty two and Twitter is up thirteen percent, Tesla only eleven. But like I said, next year, I think Tesla's going to take off. As of February twenty twenty, Cardowno is up two thy eight hundred and eighty percent.

And this is why I tell you, guys, if there is something that you believe in, you have to hold it because the more you trade an asset that has the chance to go five or six thousand percent, that time out of the market is going to cost you dearly. You do not want to miss out on those moments, man. And this is why I love that's in p. Five hundred and why it's a primary anchor and what you

should be invested in. Listen, one percent, negative one percent happens every year on average, negative five percent happens every one point year is on average, negative fifteen percent happens every two point five years, negative twenty percent happens every four years on average, and negative thirty percent happens every

nine years. The growth, however, is so tremendous that when the market is dropping like how it is now in last month, when I told you guys, hey, September is one of the months where the market bleeds down anyway February, September and October. Write that down is when the market has a tendency to drop. You should be elated. You shouldn't be fearful. So if you're investing in the overall market, you know these stats, it's to take a lot of

the fear out of the equation for you. And shout out to my guy Tie, who's here with me right now. But between Facebook ig going down, Twitch is source code being put on a dark web and Southwest castling eighteen hundred flights, Man, there's some tricky going on in the world, and I don't know what it is. It reminds me a lot of when COVID first started to have an effect on the world and everyone was not announcing what it was yet.

Speaker 3

Please keep your eyes open.

Speaker 2

And I know it's because part of it is because people are protesting if they have to get the COVID shot.

Speaker 3

I get that.

Speaker 2

But when you have such a coordinated event or attack, there is something deeper at play. Please be aware, Please be wise, Please be patient. And I think last week I saw this on Eyol's page and people were selling talking about Tina Turner selling her catalog for fifty million, and it was a mistake, and I wanted to put this like for business reference, Like, we have to stop throwing around these numbers as if this.

Speaker 3

Is not a king's ransom in real life.

Speaker 2

So, if you ever make fifty million dollars in your career, which I hope all of you do, if you make two hundred and eighty eight thousand dollars a year, you have to realize that is your salary for one hundred and seventy three years. And if you make one point four million a year, that is your income or your salary for thirty four years in advance. But off of that fifty let's say, and I will, well, what's team to turn.

Speaker 3

In eighty two eighty four.

Speaker 2

Let's say hypothetically she puts all of the money into an index or safe ETF she can make five million dollars a year of interest from deat alone. And we have to realize, like, less than seven thousand black people in history have had fifty million dollars of networth in their possession. And let's be honest, I don't when's the last time you played team to turn it on Spotify or Apple? Like most people are quoting the domestic violence,

cake sing more than a song. So like, I know, everyone wants a hot take and everybody's trying to make their own podcasts in the comments.

Speaker 3

But man, fifty.

Speaker 2

Million is a lot of damn money, and congrats to the queen for setting on a catalog for that much. I know some people like TV rights and all the back end she could have got one hundred. She probably only God willing. Let's say she has thirty more years to live. She wants to enjoy her life, and if it is invested properly, there will be money on the back end for her. My graduates from my school being false backdrop bag drop, Mike drop, backdrop drop.

Speaker 1

You just realized your business needed to hire someone yesterday. How can you find amazing candidates fast? Easy? Use Indeed. Stop struggling to get your job posts seen on other job sites. With Indeed sponsored jobs, your post jumps to the top of the page for your relevant candidates, so you can reach the people you want faster. According to Indeed data, sponsored jobs posted directly on Indeed have forty

five percent more applications than non sponsored jobs. Don't wait any longer, speed up your hiring right now with Indeed and listeners of this show will get a seventy five dollars sponsored job credit to get your jobs more visibility at indeed dot com slash pod katz thirteen. Just go to indeed dot com slash pod katz thirteen right now and support our show by saying you heard about Indeed on this podcast. Terms and conditions apply. Hiring Indeed is all you need

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