Advertise with us | Our Newsletters | Your Rewards

Good Morning!

First up, the U.S. economy seems to have hit the snooze button recently, according to a Fed survey. It's slowing down, but hey, aren't we all as the year winds down?

In the world of stocks, AMC is playing limbo with its share prices, diving below $7. Seems like Disney's "Wish" didn't have enough magic dust to boost those numbers.

Drumroll, please... 🥁 Two high-flying stocks are set to join the elite $1 trillion club in 2024, rubbing shoulders with the likes of Apple and Amazon.

And for the grand finale, we're tackling the big question: Is an 8% withdrawal rate in retirement the financial equivalent of walking a tightrope,

Grab your Pumpkin Spice Cold Brew and let's get into it! ☕️👇️
Coffee submitted by Matt- Send us your favourite order to win free Investing Journal Premium!

Invest Like the Greats

What do Thomas Jefferson, LeBron James, and the British royal family have in common? They all invest in wine and whiskey.

And with good reason. According to Knight Frank, wine and whiskey have been two of the best-performing alternative assets of the last decade.

There’s just one catch. For hundreds of years, you needed serious cash and connections just for a seat at the table. Plus you had to build fancy cellars and attend exclusive auctions while sporting an encyclopedic knowledge of wine and whiskey. Not happening - right?

Vinovest is changing that. With its easy-to-use platform, you can build a world-class portfolio of wine and whiskey in no time. Our portfolio managers work with you to find the right assets for your unique goals and horizons.

Here’s how Vinovest makes that possible:

- Analysis of 1+ billion data points to find advantageous opportunities

- World-class storage across Europe, Asia, and North America

- Guaranteed authentication and comprehensive insurance

Wine and whiskey are your answer to high yield, low risk investing and there’s nothing (not even LeBron) can do to stop you. Get started with 3 months free with this exclusive link.

From our partners

Markets

US economy slowed in recent weeks, Fed survey shows (5 minute read)
The U.S. economy took a bit of a breather from late October to mid-November, like it's coasting into the year's end. The Federal Reserve's recent report had a few interesting tidbits: inflation's finally chilling out a bit, and companies are finding it easier to fill job spots.

It's a bit of a mixed bag, really. On one hand, the slowing economic activity might have some folks raising their eyebrows, but on the other, the cooling inflation and smoother hiring landscape are like a sigh of relief.

Investing

AMC Shares Scrape Record Bottom Below $7 After Disney’s Wish Debut Flops (2 minute read)
Oh boy, AMC's (AMC) stock is riding the rollercoaster of drama, dropping 1.5% on Monday after a less-than-stellar Thanksgiving box office show. Seems like Disney's "Wish" didn't do the magic, landing third behind some bigger fish. AMC's shares hit a new low of $6.80, a whopping 78% dip this year, and a staggering 97% plunge from their 2021 meme-stock glory days. It's been a bumpy ride with pandemic lockdowns, stock sales, Hollywood strikes, and being a magnet for short-sellers. But hey, there's a glimmer of hope with Beyonce's Renaissance World tour film hitting screens on Friday.

2 Unstoppable Stocks Will Join Apple, Microsoft, Amazon, Alphabet, and Nvidia in the $1 Trillion Club in 2024 (6 minute read)
It's like the Oscars of the business world, and Meta Platforms (META) and Tesla (TSLA) are inching closer to grabbing a seat at the trillion-dollar table! The U.S. economy, a record-breaking value creator, already boasts five tech giants in this elite club. But 2024 is shaping up to be an exciting year, as both Meta and Tesla are knocking on the door of the trillion-dollar club. They've had a taste of it before, briefly touching that magic number before a harsh 2022 market sell-off played party pooper. Now, they're gearing up for a comeback.

Money

How Safe is an 8% Withdrawal Rate? (9 minute read)
Last week on the Dave Ramsey show, there was a bit of head-scratching over retirement withdrawal rates. A caller was puzzling over the "safe" rate - is it 4-5% like they read somewhere, or closer to 3% as George Kamel from the Ramsey crew suggests? Dave's take is based on a neat formula: if your investments are making 12% and you account for 4% inflation, you're left with a sweet 8% to enjoy. But, and it's a big 'but', this strategy is leaning on a trio of pretty hefty assumptions.

Firstly, it's all about living on the edge with high-risk moves: your entire pot needs to be in growth stock mutual funds, like AIVSX, a favorite of Dave's. Secondly, your chosen fund needs to be a stock market superstar, outshining the general market. AIVSX, for instance, has been beating the S&P 500 by about 1% annually since 1935. Finally, you've got to bet on consistency, expecting a return of 12% (or near enough) every single year. It's like financial acrobatics - thrilling, but not without its risks!

🐥

Best of Twitter

Thanks for reading, if you enjoyed, tell your friends!

P.S: If you're interested in crypto and web3 - check out our new newsletter, The Crypto Journal!

Share The Investing Journal with your friends to receive rewards!