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You are at:Home » Animal Spirits: The Cash-Returning Machine
Wealth Building

Animal Spirits: The Cash-Returning Machine

adminBy adminJanuary 17, 2024No Comments4 Mins Read
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Posted January 17, 2024 by sean

Today’s Animal Spirits is brought to you by Nasdaq ETFs and Fabric by Gerber Life:

 

See here for more information on Nasdaqs ETF listing solutions

See here for more information on Life Insurance with Fabric by Gerber Life

On today’s show, we discuss:

Listen here:

Recommendations:

Charts:

Tweets:

American net worth by age:
20-24: $121k Average, $11k Median
25-29: $120k, $30k
30-34: $258k, $90k
35-39: $501k, $141k
40-44: $591k, $135k
45-49: $782k, $213k
50-54 $1.1M, $273k
55-59: $1.4M, $321k
60-64: $1.7M, $394k
65-69: $1.8M, $394k
70-74 $1.7M, $433k
75-79: $1.6M, $341k

— Scott Lincicome (@scottlincicome) January 14, 2024

Talk about a yawning gap. The Empire Manufacturing current conditions imploded to -43.7 in January, the lowest since the initial stages of the pandemic. However, the six month outlook improved to a three month high of +18.8. pic.twitter.com/IKnbe1Ctpr

— RenMac: Renaissance Macro Research (@RenMacLLC) January 16, 2024

once you hit your mid 30s to 40s you start seeing a divide among men.

Half of them are in the “I’m riding this out until retirement and I’m shutting it all down”

and the other half are constantly working on new projects and still moving.

— LindyMan (@PaulSkallas) January 11, 2024

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Nothing in this blog constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security.  Any opinions expressed herein do not constitute or imply endorsement, sponsorship, or recommendation by Ritholtz Wealth Management or its employees. 

Wealthcast Media, an affiliate of Ritholtz Wealth Management, received compensation from the sponsor of this advertisement. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investing in speculative securities involves the risk of loss. Nothing on this website should be construed as, and may not be used in connection with, an offer to sell, or a solicitation of an offer to buy or hold, an interest in any security or investment product.

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers

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