In October 2024, the bull market continued with no significant buying opportunities as markets rallied onward, following noticeable pullbacks in August and September. The portfolio owner, who achieved financial independence in 2020, saw their net worth near $1.96m, with primary holdings in ETFs like VTI, VGT, and VCR, as well as some single name stocks like TSLA and BRL.K. They had previously invested in fixed income products but shifted to buying the market due to anticipated FED rate cuts. Despite cautious optimism amid macroeconomic challenges, investors remained watchful for signs of a “soft landing” to control inflation without triggering a recession, with markets pricing in rate cuts and continuing to rally in response.
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How Trump wants US companies to cash in
Getty ImagesThe Trump administration is facilitating a contentious peace initiative to resolve the ongoing conflict in eastern DR Congo, driven by the region's mineral wealth crucial for US technology industries. As the US seeks to secure mineral rights, concerns arise over potential compromises to DR Congo's sovereignty and long-term implications of such agreements. Want More Context? 🔎
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