The 5 Phases For Reaching Financial Independence: Phase 1, Values & Goal Alignment

The Weekly FIVES Series [5 of 250]: 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:  The 5 Phases to Reach Financial Independence – Introducing 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!

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