📈 How To BE Rich

Plus: What's fuelling Aldi's growth

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Good Morning!

First off, let's give a high-five to the S&P 500, skirting near record highs. The secret sauce? A sprinkle of AI optimism that's got chipmakers like Nvidia dancing.

Now, let's pull back the curtain on America's hidden grocery gem - Aldi! This budget-friendly David is outperforming the Goliaths, thanks to a mix of high inflation, wallet-friendly wines, and the mysterious "aisle of shame". Spoiler: It's where diets and budgets go to have a little fun.

And for the grand finale, we've got something special: "15 Tips on How to Be Rich". Not just rich-rich but 'knowing-how-to-handle-it' rich. Because let's face it, making money is one thing, but being rich is like having a pet dragon - super cool but you gotta know how to take care of it!

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Markets

S&P 500 ends near record high as AI optimism lifts chipmakers (3 minute read)
Well, how about this for a bit of stock market sunshine? On Thursday, U.S. stocks were all smiles and high fives, nearly reaching record highs. The reason? Everyone's buzzing about AI! This excitement sent shares of Nvidia and friends (you know, the chipmaker gang) through the roof. And let's give a special shoutout to Taiwan Semiconductor Manufacturing (TSMC) - their U.S.-listed shares jumped almost 10%! Why, you ask? They're predicting a whopping 20% revenue growth in 2024, all thanks to the craze for top-notch chips in AI.

Tech shows it's key to bringing market out of tough start to 2024 (3 minute read)
The spotlight might just be shifting over to our tech buddies. Sure, there's been a lot of chatter about small caps and other sizzling trades waiting for those interest rate cuts from the Fed. Still, let's not forget about the tech world's earnings reports coming up in the next few weeks. They could be the secret sauce to spice up the market and shake off this January gloom.

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Investing

Should Your Job Determine How You Invest? (8 minute read)
what if the secret ingredient to your investment recipe is your job? Yep, your 9-to-5 grind might hold the key to unlocking your portfolio's potential. It's not just about the dollars and cents; it's about the unique risks of your profession and how these dance with different asset classes. In this blog post, we've got Nick Maggiulli from Of Dollars and Data slicing and dicing through the data to serve up some fresh insights.

What is the Historical Rate of Return on Housing? (5 minute read)
Houses have been selling like hotcakes, with prices shooting up almost 50% in just four years. Now, if we turn the spotlight on stocks, they've been the rockstars of the investment world, totally outperforming real estate. Even bonds and gold have been giving houses a run for their money.

But hold on, does this mean housing is the underdog of the investment world? Not so fast! Just because it's not always the front-runner doesn't mean it's not a player.

America's hidden grocery winner: What's fueling Aldi's growth (3 minute read)
Well, here's a recipe for retail success you might not have expected: take a pinch of soaring inflation, mix it with a splash of budget-friendly wine, and toss in something called an "aisle of shame." What do you get? The secret sauce behind Aldi becoming the Usain Bolt of grocery store chains in the U.S.!

Money

15 Tips for How to Be Rich (10 minute read)
Isn't it curious? The world is chock-full of gurus, books, and seminars promising to teach you how to get rich – it's like a gold rush out there! But here's the kicker: when it comes to lessons on how to actually BE rich, it's like walking into a ghost town. You might stumble upon a few resources here and there, but they're like hidden gems in an uncharted mine – not exactly well-known and, let's be real, sometimes they're more rough draft than polished diamond.

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