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
SNAP earnings – down 30%, PPL down 11%
Job Claims around 220k at forecast
Credit card debt delinquency rates surged more than 50% in 2023
Consumer credit only rose 1.5b, experts were expecting 15b in Dec,
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.
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