Author Archives: patrickweinert

Save Money with a Garden πŸ§‘β€πŸŒΎ

Gardening is one of the best ways to save money on food. With the continual rise in food prices, a garden can provide fresh fruits and vegetables at little to no cost. For busy professionals, gardening doesn’t necessarily consume a lot of time, either. If you don’t already have a garden, let’s discuss ways to…

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Your Money Identity πŸ’΅

InΒ Atomic Habits, James Clear recalls his story of trauma and journey back to a normal life. The last day of his sophomore year of high school, he was seriously injured when a fellow baseball player accidentally struck him in the face with a bat. Suffering from brain swelling, he struggled to breathe, swallow, and even…

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Invest in Pricing Power πŸ’ͺ

Yesterday, the Bureau of Labor Statistics (BLS) released the hotter than expected 8.6% year-over-year consumer price increase for May 2022. Many of our political leaders and market commentators were expecting a much lower level and were claiming for months that consumer price inflation had peaked. Inflation has not peaked. In fact, it’s just getting started.…

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Maximize Your Income πŸ‘

Income is the most important ingredient in your path to financial freedom. If you can increase your income enough, you’ll reach your financial goals in record time. How do you do this? First, you must establish a strong connection with your reason. In The 10x Rule, Grant Cardone describes what drove him to success: A…

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Persistent Massive Action πŸ’ͺ

Let’s be honest, becoming wealthy isn’t easy. If it was, everyone would be rich. It requires patience, determination, discipline, and focus. Of all the qualities of wealthy people, the one that stands out the most is persistent massive action. There are many different ways to achieve financial freedom. You could start a new business, work…

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Investing in a Bear Market

Contrary to popular belief, you can get rich in a bear market. There are many different ways to do this. Today, we’ll focus on the buy and hold strategy. A bear market is defined as a drop in a stock market index of 20% or more from the all-time high. Most bear market drops are…

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Gold or gold stocks?

What is the best investment? Gold, silver or gold mining stocks? It’s a good question, and an important one. I recommend you own some gold and silver. Gold and silver are real cash. Owning some real cash in a recession is a good idea. It gives you an emergency fund to use in case you…

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Bikenomics πŸš΄β€β™€οΈπŸš΄β€β™‚οΈ

According to the Department of Transportation, in 2020 the average American household spent nearly $10,000 per year on gasoline, car maintenance, and other forms of transit. Transportation was the second largest item on the budget, being outpaced only by the cost of housing. With rising prices, that cost is almost certainly much higher today. What…

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Real Estate Investing With No Money Down 🏘️

Although the U.S. economy is headed into a recession, there are still plenty of opportunities to invest. I mentioned real estate in a previous post, and we’ll go into more detail here. 🏘️ I’m not recommending you buy real estate anywhere. Some markets are more attractive than others. With mortgage rates rising fast, it’s important…

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Prepare for Stagflation πŸ”₯

Wednesday morning the Federal Reserve raised the Federal Funds rate 0.25%. It now sits in a range of 0.25-0.5%. This is the beginning of a tightening cycle that will cause stocks to fall. However, it won’t stop inflation from creating a recession. We will see the beginning of a recession this year. There are several…

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