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You are at:Home » Animal Spirits: Is $1 Million a Lot of Money?
Wealth Building

Animal Spirits: Is $1 Million a Lot of Money?

adminBy adminFebruary 12, 2025No Comments4 Mins Read
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Today’s Animal Spirits is brought to you by ProShares and Fabric:

See here for more information on ProShare’s full range of ETFs

Go to meetfabric.com/spirits for more information on life insurance from Fabric by Gerber Life

Get a random Animal Spirits chart here 

On today’s show, we discuss:

Listen here

Recommendations:

Charts:

Tweets/Bluesky:

🤔 pic.twitter.com/mvgK6pFtB5

— Dan (@robustus) February 7, 2025

This is a favorable development. Big businesses generally pay better, do more training, engage less in wage theft and other abuses and have more upward mobility. https://t.co/u318dPtPgq

— Jason Furman (@jasonfurman) February 8, 2025

$BABA acquiring 10% stake in DeepSeek pic.twitter.com/eVVM3i2lEG

— The Long Investor (@TheLongInvest) February 7, 2025

The median age of buyers increased to a peak of 56 years old, up from 49. The median first-time buyer age increased to 38, increasing from 35, while the typical repeat buyer age also increased to 61 from 58. These are all record highs. pic.twitter.com/E9S6MEDYDy

— NAR Research (@NAR_Research) February 7, 2025

“.. 17.2% of U.S. homeowners with mortgages have an interest rate greater than or equal to 6% … highest share since 2016 ..”- Liz Ann Sonders

— Carl Quintanilla (@carlquintanilla.bsky.social) 2025-02-07T12:54:22.971Z

The easiest way to tell if someone is out of touch financially—ask them whether they think $1 million is a lot of money.

Hint: It is. It’s not what it used to be, but it still is.

— Nick Maggiulli (@dollarsanddata) January 30, 2025

🎬’Billy Madison’ starring Adam Sandler premiered in theaters 30 years ago, February 10, 1995 pic.twitter.com/QY8PJTmhYY

— RetroNewsNow (@RetroNewsNow) February 11, 2025

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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. 

The Compound, Inc., 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.

The Compound Media, Inc., 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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