Life In Twenty

the Weekly FIVES Series [LIT episode 32]: This episode covers a quick market update and then dives quickly into the 3 biggest financial wins I've had and the 3 biggest financial mistakes I've experienced. 

Here’s a free link to download and print The Bucket Tracker http://tinyurl.com/y3wcxxzy

Marrket update
Nasdaq:  flat for the week, up 11% ytd
S&P 500: up .28%, up 11% ytd
Russell 2000:  up 1.3% for the week, up 5.5% ytd
BTC: - up 4%, up 57% ytd
Oil: up 3% for the week, up 16% ytd
MAGS:  Mag 7:  flat for week, up 20 % ytd, (Alphabet, Apple, Amz, Meta, MSFT, NVIDA, Tesla)

My 3 Biggest Financial Mistakes:
1.  Owning a property with multiple people - losing control of investment capital
2.  Buying the nicest house in the worst neighborhood
3.  Not investing earlier

My 3 Biggest Financial Wins:
1.  Solid core principles around finances - from the start
2.  I was willing to learn from people much smarter than me
3.  Bitcoin

If this episode moves you in any way, please share with friends, family, your teenage kids, and tune in next week.  Thank you!

Find the Life In Twenty & Weekly FIVES  podcast two ways:
1.  our website:  www.lifeintwenty.com
2.  download our podcast to your phone, give us a follow to receive new episodes automatically - we'd be super grateful if you left a review :) 

Download The Bucket Tracker to Discover Your Monthly Spread
 
Follow Paul's FIVES Challenge  @lifeintwenty on Twitter
 
Parents & Zoomers - Give our Facebook Page a Follow (facebook.com/lifeintwenty) - a community discussion with mentors and life coaches

FIVES:  Financial Independence Vs. Endless Struggle.  No More 9 to 5 until 65.

the Weekly FIVES Series [LIT episode 31]: This episode covers macro and market updates, how the 5 stocks I purchased for the FIVES challenge are doing, and framework for financial freedom topic of the week:  How To Create Lasting Change - so you can make the necessary adjustments and get on a path to FI.

Here’s a free link to download and print The Bucket Tracker http://tinyurl.com/y3wcxxzy

Marrket update
Nasdaq:  up 1.3% for the week, up 11% ytd
S&P 500: up 1.2%, up 10% ytd
Russell 2000:  up 1.4% for the week, up 3% ytd
BTC: - down 7%, up 43% ytd
Oil: down .75% for the week, up 13% ytd
MAGS:  Mag 7:  up 2% for week, up 22% ytd, (Alphabet, Apple, Amz, Meta, MSFT, NVIDA, Tesla)

5 Steps To Create Lasting Change:
1.  What is your purpose for this change?  
2.  Define the change and attach a goal to it.
3.  Have humility and having confidence. 
4.  Who is holding you accountable?  
5.  Measure your progress - write goal down, 

If this episode moves you in any way, please share with friends, family, your teenage kids, and tune in next week.  Thank you!

Find the Life In Twenty & Weekly FIVES  podcast two ways:
1.  our website:  www.lifeintwenty.com
2.  download our podcast to your phone, give us a follow to receive new episodes automatically - we'd be super grateful if you left a review :) 

Download The Bucket Tracker to Discover Your Monthly Spread
 
Follow Paul's FIVES Challenge  @lifeintwenty on Twitter
 
Parents & Zoomers - Give our Facebook Page a Follow (facebook.com/lifeintwenty) - a community discussion with mentors and life coaches

FIVES:  Financial Independence Vs. Endless Struggle.  No More 9 to 5 until 65.

the Weekly FIVES Series [episode 30]:  Thinking about taking a cruise with family or friends?  This episode explores the path to financial independence through the lens of relentless pursuit of the fullest life - remove wasted expenses and add new experiences.  We dive into the details of our recent Caribbean cruise. 

In this episode you'll learn why the path of financial freedom does not mean no more fun, how new experiences reset and inspire, and how we 10x'd the cost of our trip by having our money invested vs. in savings.

 All designed to help you build a financial strategy for you or your family, the path to FI.

Here’s a free link to download and print The Bucket Tracker:  http://tinyurl.com/y3wcxxzy

If this episode moves you in any way, please share with friends, family, your teenage kids, and tune in next week.  Thank you!

Find the Life In Twenty & Weekly FIVES  podcast two ways:
1.  our website:  www.lifeintwenty.com
2.  download our podcast to your phone, give us a follow to receive new episodes automatically - we'd be super grateful if you left a review :) 

Download The Bucket Tracker to Discover Your Monthly Spread
 
Follow Paul's FIVES Challenge  @lifeintwenty on Twitter
 
Parents & Zoomers - Give our Facebook Page a Follow (facebook.com/lifeintwenty) - a community discussion with mentors and life coaches

FIVES:  Financial Independence Vs. Endless Struggle.  No More 9 to 5 until 65.

the Weekly FIVES Series [10 of 250]: This episode covers a macro and market update as well as the results of our February Bucket Tracker and the FIVES challenge.  How much did we spend in February?  How is our FIVES Fund doing?

 All designed to help you build a financial strategy for you or your family, the path to FI.

Here’s a free link to download and print The Bucket Tracker:  http://tinyurl.com/y3wcxxzy

Macro update…
34.5 t in US debt and have added 1t in the past 100 days.
We are spending 800b on interest to service the debt
Unemployment rate ticked up from 3.7% to 3.9% 
US employers added 275k jobs in Feb,
The average hourly pay rose 5 cents to $34.57, a yearly increase of 4.3% (down from the peak of 5.9% in 2022)

Market update...
Nasdaq:  down 1% for the week, up 9% ytd
S&P 500: down .12%, up 8% ytd
Russell 2000:  down .22% for the week, up 3.4% ytd
BTC: - flat on the week, up 54% ytd, and 50% in the past month.
Oil: down 2% for the week, up 11% ytd
MAGS:  Mag 7:  down .5% for week, up 17% ytd,

If this episode moves you in any way, please share with friends, family, your teenage kids, and tune in next week.  Thank you!

Find the Life In Twenty & Weekly FIVES  podcast two ways:
1.  our website:  www.lifeintwenty.com
2.  download our podcast to your phone, give us a follow to receive new episodes automatically - we'd be super grateful if you left a review :) 

Download The Bucket Tracker to Discover Your Monthly Spread
 
Follow Paul's FIVES Challenge  @lifeintwenty on Twitter
 
Parents & Zoomers - Give our Facebook Page a Follow (facebook.com/lifeintwenty) - a community discussion with mentors and life coaches

FIVES:  Financial Independence Vs. Endless Struggle.  No More 9 to 5 until 65.

the Weekly FIVES Series [9 of 250]: This episode covers the 5 stocks I purchased for the FIVES challenge, our Feb Bucket Tracker and F bucket contributions, and framework for financial freedom topic of the week:  The 5 Phases to Reach Financial Independence –  Phase 5:  Financial Freedom Reached, Work Optional

1.  Outdated:
2.  Pensions are dying:
3.  Average Age Keeps Climbing:
4.  The Term No Longer Is a Match:.  
 5.  It's time to change the narrative

 All designed to help you build a financial strategy for you or your family, the path to FI.

Here’s a free link to download and print The Bucket Tracker http://tinyurl.com/y3wcxxzy

If this episode moves you in any way, please share with friends, family, your teenage kids, and tune in next week.  Thank you!

Find the Life In Twenty & Weekly FIVES  podcast two ways:
1.  our website:  www.lifeintwenty.com
2.  download our podcast to your phone, give us a follow to receive new episodes automatically - we'd be super grateful if you left a review :) 

Download The Bucket Tracker to Discover Your Monthly Spread
 
Follow Paul's FIVES Challenge  @lifeintwenty on Twitter
 
Parents & Zoomers - Give our Facebook Page a Follow (facebook.com/lifeintwenty) - a community discussion with mentors and life coaches

FIVES:  Financial Independence Vs. Endless Struggle.  No More 9 to 5 until 65.

the Weekly FIVES Series [8 of 250]: This episode covers the 5 stocks I purchased for the FIVES challenge, our Feb Bucket Tracker and F bucket contributions, and framework for financial freedom topic of the week:  The 5 Phases to Reach Financial Independence –  Phase 4:  The Compounding & Accumulation Zone

1. Review your financial status every 6 months
 2. Contribute 25% - 50% of your income to investments
 3. Maxing out 401k and Roth
4. Optimize shelter 
 5. Designing your best life

 All designed to help you build a financial strategy for you or your family, the path to FI.

Here’s a free link to download and print The Bucket Tracker http://tinyurl.com/y3wcxxzy

If this episode moves you in any way, please share with friends, family, your teenage kids, and tune in next week.  Thank you!

Find the Life In Twenty & Weekly FIVES  podcast two ways:
1.  our website:  www.lifeintwenty.com
2.  download our podcast to your phone, give us a follow to receive new episodes automatically - we'd be super grateful if you left a review :) 

Download The Bucket Tracker to Discover Your Monthly Spread
 
Follow Paul's FIVES Challenge  @lifeintwenty on Twitter
 
Parents & Zoomers - Give our Facebook Page a Follow (facebook.com/lifeintwenty) - a community discussion with mentors and life coaches

FIVES:  Financial Independence Vs. Endless Struggle.  No More 9 to 5 until 65.

the Weekly FIVES Series [7 of 250]: This episode covers macro and market updates, how the 5 stocks I purchased for the FIVES challenge are doing, our Feb Bucket Tracker and F bucket contributions, and framework for financial freedom topic of the week:  The 5 Phases to Reach Financial Independence –  Phase 3:  Small, Consistent Daily Actions

1. Track your expenses

2. Change mindset on spending habits and paying yourself first 

3. Work on top line - invest in yourself 

4. Find like-minded for inspiration

5.  Focus on increasing your cash flow - your spread

All designed to help you build a financial strategy for you or your family, the path to FI.

Here’s a free link to download and print The Bucket Tracker http://tinyurl.com/y3wcxxzy

Macro update:

big metric this week was CPI, came in 3.1% vs. 2.9% expected, down from 3.4% in Dec.  

 Retail sales were expected to come in -.3%. Came in hotter at -.8%,

 Jobless claims remain steady week to week, 212k = 220k

 Avg mortgage rate ticked up to 6.7% for a 30 yr, still down from peaking in high 7's, 3 years ago it was 2.7

 Delinquency rate on cc is at 3%, 2 yrs ago it was 1.8%, this is trending up

 Personal savings rate has declined from 5.2% of disposable income to 3.7% in the past 7 months.
 
 Market update
Nasdaq:  down 1.4% for the week, up 6.8% ytd

S&P 500: down .4%, up 5.5% ytd

Russell 2000:  up .5% for the week, up 1.1% ytd

BTC: - up 7%, up 17% ytd

Oil: up another 2.3% for the week, up 3.5% ytd

MAGS:  Mag 7:  down 1.8% for week, up 13% ytd, (Alphabet, Apple, Amz, Meta, MSFT, NVIDA, Tesla)

If this episode moves you in any way, please share with friends, family, your teenage kids, and tune in next week.  Thank you!

Find the Life In Twenty & Weekly FIVES  podcast two ways:
1.  our website:  www.lifeintwenty.com
2.  download our podcast to your phone, give us a follow to receive new episodes automatically - we'd be super grateful if you left a review :) 

Download The Bucket Tracker to Discover Your Monthly Spread
 
Follow Paul's FIVES Challenge  @lifeintwenty on Twitter
 
Parents & Zoomers - Give our Facebook Page a Follow (facebook.com/lifeintwenty) - a community discussion with mentors and life coaches

FIVES:  Financial Independence Vs. Endless Struggle.  No More 9 to 5 until 65.

the Weekly FIVES Series [6 of 250]: This episode covers macro and market updates, how the 5 stocks I purchased for the FIVES challenge are fairing, our Feb Bucket Tracker and F contributions, and framework for financial freedom topic of the week:  The 5 Phases to Reach Financial Independence –  Phase 2:  Your Financial Assessment – Reality Check

1.  What is your current debt?

2.  What is your monthly spread (cash flow), what are your expenses?

3.  How much are you investing into your F bucket?

4.  How much of an emergency fund do you have?  

5.  What's your number?

 All designed to help you build a financial strategy for you or your family, the path to FI.

Here’s a free link to download and print The Bucket Tracker http://tinyurl.com/y3wcxxzy

Macro update:

ISM (Institute of Supply Mgmt) :  barometer for service-oriented business conditions reached 4 month high, up 3% from prev month
 
 ESPN, FOX, and Warner Bros Discovery will launch a joint sports streaming service, major shakeup in TV industry
 
 SNAP earnings - down 30%, PPL down 11%, AI is ripping.
 Job Claims around 220k at forecast
 
 CC debt delinquency rates surged more than 50% in 2023to their highest level since 2008
 
 Consumer credit only rose 1.5b, experts were expecting 15b in Dec, quite a drop from 23b in Nov.  People starting to feel the pain of revolving credit.
 
 CPI for Jan next week

Market update
Nasdaq:  up 2.3% for the week, 8.2% ytd
S&P 500: up 1.5%, 6% ytd
Russell 2000:  up 3.6%, now flat ytd
BTC: - up 11%%, down 7% ytd
Oil: up 5.6% for the week, up 5% ytd
MAGS:  Mag 7:  up 2.6% for week, up 15% ytd, (Alphabet, Apple, Amz, Meta, MSFT, NVIDA, Tesla)

If this episode moves you in any way, please share with friends, family, your teenage kids, and tune in next week.  Thank you!

Find the Life In Twenty & Weekly FIVES  podcast two ways:
1.  our website:  www.lifeintwenty.com
2.  download our podcast to your phone, give us a follow to receive new episodes automatically - we'd be super grateful if you left a review :) 

Download The Bucket Tracker to Discover Your Monthly Spread
 
Follow Paul's FIVES Challenge  @lifeintwenty on Twitter
 
Parents & Zoomers - Give our Facebook Page a Follow (facebook.com/lifeintwenty) - a community discussion with mentors and life coaches

FIVES:  Financial Independence Vs. Endless Struggle.  No More 9 to 5 until 65.

the Weekly FIVES Series [5vof 250]:  This week we kick off the 5 Phases to Reach Financial Independence.  This episode covers macro and market updates, how the 5 stocks I purchased for the FIVES challenge are fairing, Carsyn reads out our Jan Bucket Tracker and compares expenses to Dec, and the framework for financial freedom topic of the week:  Your Path to Financial Independence,  Phase 1:  The 5 questions to answer to align to your Values and Goals.

All designed to help you build a financial strategy for you or your family, the path to FI.

Here’s a free link to download and print The Bucket Tracker http://tinyurl.com/y3wcxxzy

Macro update:

Fed Meeting this week - hawkish, not looking to cut rates in March, which the market had baked in, kept the federal funds rate at 5.3%

Job openings strong 9m, up 100k from prev month

Despite layoffs from Goog, MSFT, AMZ, Citigroup, American Airlines, UPS

Big shocker today was job report, almost double forecast at 350k added jobs

unemployment rate holding steady at 3.7%

Small dip in auto sales from 16m last mo to 15m, attributed to weather and holiday hang over most likely

Consumer confidence up

Market update

Nasdaq:  up 1% for the week, 5.8% ytd

S&P 500: up 1.4%, 4.6% ytd

Russell 2000:  down .6%, down 2.5% ytd

BTC: - up 2.4%%, down 2.7% ytd

Gold: up 1.4%, down .5% ytd

Oil: up  down 8% for the week, up 2.5% ytd

MAGS:  Mag 7:  up 4.8% for week, up 11.7% ytd, (Alphabet, Apple, Amz, Meta, MSFT, NVIDA, Tesla)

If this episode moves you in any way, please share with friends, family, your teenage kids, and tune in next week.  Thank you!

Find the Life In Twenty & Weekly FIVES  podcast two ways:
1.  our website:  www.lifeintwenty.com
2.  download our podcast to your phone, give us a follow to receive new episodes automatically - we'd be super grateful if you left a review :) 

Download The Bucket Tracker to Discover Your Monthly Spread
 
Follow Paul's FIVES Challenge  @lifeintwenty on Twitter
 
Parents & Zoomers - Give our Facebook Page a Follow (facebook.com/lifeintwenty) - a community discussion with mentors and life coaches

FIVES:  Financial Independence Vs. Endless Struggle.  No More 9 to 5 until 65.

the Weekly FIVES Series [4 of 250]: This episode covers macro and market updates, the 5 stocks I purchased for the FIVES challenge, how my Buckets Tracking is going, and how to calculate the amount of money you need in a retirement account before you can retire using the 4% rule.

Here’s a free link to download and print The Bucket Tracker http://tinyurl.com/y3wcxxzy

Macro update:

GDP for Q4 2023 came in at 3.3%, they were forecasting 2%, prev quarter of 4.9%.  

Jobless claims ticked up 13% from last week, from 189k to 214k, about 14k more than forecasted.

New home sales surprised to the upside, up 8% from last month at 664,000 and ~20k more than forecasted.  

 Market update

Nasdaq:  up 2.6% for the week, 5% ytd

S&P 500: up 2.1%, 3.2% ytd

Russell 2000:  down 2.5%, down 1.8% ytd

BTC: - down 4%, down 9.6% ytd

Gold (started year 2,062oz): flat for the week and down 2.3% ytd

Oil: up 5.3% for the week, up 8% ytd

MAGS:  Mag 7:  up 1.8% for week, up 6.5% ytd, (Alphabet, Apple, Amz, Meta, MSFT, NVIDA, Tesla)

If this episode moves you in any way, please share with friends, family, your teenage kids, and tune in next week.  Thank you!

Find the Life In Twenty & Weekly FIVES  podcast two ways:
1.  our website:  www.lifeintwenty.com
2.  download our podcast to your phone, give us a follow to receive new episodes automatically - we'd be super grateful if you left a review :) 

Download The Bucket Tracker to Discover Your Monthly Spread
 
Follow Paul's FIVES Challenge  @lifeintwenty on Twitter
 
Parents & Zoomers - Give our Facebook Page a Follow (facebook.com/lifeintwenty) - a community discussion with mentors and life coaches

FIVES:  Financial Independence Vs. Endless Struggle.  No More 9 to 5 until 65.