Chase your dreams!

Author

Snowfish
July 03, 2023

Welcome back!

Did you know 95% of people will live their entire lives and never go after their dreams? They live distracted chasing “success” without even knowing what success really looks like.

Success ➡ advancing in a job you don’t really enjoy but the pay is good enough to put your dreams on pause or in most cases make you forget about them.

Success ➡ in “life” fulfilling the script….marriage, kids, mortgage only to wake up 30-40 years later feeling like you have been living with no purpose.

Any of these fit how you feel?

Success to me is having a very clear picture of what you want, then taking action daily, weekly, monthly to make progress towards making your picture a reality!

I. Mindset

Everyone has a different meaning of success, what is successful to me might not be considered success to you however the two key ingredients that are needed to achieve any kind of success are persistence and discipline!

Persistence is an unwavering determination to pursue your goals despite challenges, setbacks, and moments of doubt. Discipline is what separates those who achieve their goals from those who simply dream about them.

How we handle challenges, setbacks and obstacles that arise through our journey has to do with our mindset- if you can manage the way you think, you can literally change your life!

Thoughts are the currency with which you purchase your dreams!

So how can you reset the way you think?

Here’s where to start:

  • Belief- You have to believe you can make your dreams come true! You will never exceed what you think you deserve! We draw into our lives what we believe we are worthy of and most passionately want.

  • Reconditioning- we are conditioned since infancy by those who raised us to think how they think, have the emotions they have and speak the way they speak. Let’s recondition ourselves through repetitive thoughts- the more a thought is repeated the more it vibrates at a higher frequency. Your language and thoughts were repeated over and over and over until they were imprinted in who you are today- reengineer that by repeating thoughts to attract the things and life you want.

  • Environment- you are who you surround yourself with. Put yourself in the environment where your future self wants to be in. Hang out with the people that are already successful in the areas you are struggling.

  • Outlook- look and focus on the blessings instead of the curse or how it didn’t go your way. Living life with the expectation that great things are going to come!

II. Money

In order to reach success we have to break free from our debt! Debt can feel like a heavy weight dragging us down, both financially and emotionally giving us feelings of anxiety, depression, and overwhelming stress. The fear of never being able to pay it down can be paralyzing. However, we DO have the power to regain control and change our relationship with debt.

By cultivating a positive mindset and practicing self-compassion, we can overcome the feelings of shame or guilt associated with debt.

What are you doing to manage your debt? 😖

Here are some practices to minimize interest fees and accelerate your progress towards becoming debt-free:

  • Create a comprehensive list of all your debts- credit cards, student loans, and other outstanding balances.

  • Prioritize these debts by interest rate or high balances- then focus on paying off the debt with the highest interest rate first while making minimum payments on the others.

  • If you have high balances consider debt consolidation options, such as transferring high-interest credit card balances to a lower-interest credit card (note transfer balance fees may apply) or consolidating multiple debts into a single loan with a lower interest rate.

  • Explore balance transfer offers that provide a promotional period usually 12-24 months with 0% interest.

  • Negotiate with creditors to lower interest rates or negotiate a settlement for a reduced lump-sum payment.

  • Use tax refunds or work bonuses, to make significant lump-sum payments towards your debts and accelerate your progress.

  • Adopt a frugal lifestyle and cut back on unnecessary expenses. Use the money saved towards debt repayment.

  • Set specific debt payoff goals and celebrate milestones along the way. Visualize your progress by creating a debt payoff tracker or using a debt repayment app.

  • Reward yourself with non-financial treats, such as a day of self-care or pursuing a hobby, to stay motivated and uplifted.

The journey to financial freedom may seem daunting, but remember that every step counts.

By acknowledging the psychological impact of debt, managing our emotions, implementing smart debt repayment strategies, and adopting better financial habits, we can break free from the burden of debt.

III. Markets

The stock market ended the final week of June on a high note. The tech-heavy NASDAQ Composite posted its strongest first half of the year since 1983 up +31.7%. The S&P 500 wasn’t too far behind +16%, its best since 2019, and the Dow Jones Industrial Average added a respectable +3.8% in the first six months of the year.

Last week had it all going on:

  • A reported coup attempt in Russia which ended almost as quickly as it began

  • Encouraging economic data that supported a soft landing scenario (May Durable Goods Orders, June Consumer Confidence, May New Home Sales, Weekly Initial Jobless Claims, the upward revision to Q1 GDP, and the May Personal Income and Spending)

  • Reminders from Fed Chair Powell, ECB President Lagarde, and BoE Governor Bailey that more tightening will likely be needed to bring down inflation

  • A bunch of Initial Public Offerings IPOs:

    • Bukit Jalil Global Acquisition 1 Ltd. $BUJA

    • GEN Restaurant Group, Inc. $GENK

    • Kodiak Gas Services, Inc. $KGS

    • Fidelis Insurance Holdings Limited $FIHL

    • Savers Value Village, Inc. $SVV

    • Intensity Therapeutics, Inc. $INTS

    • Vesta Real Estate Corporation $VTMX

  • The Federal Reserve's annual bank stress test results, which all 23 banks passed

  • Mixed Earnings from Carnival Corp. $CCL, Walgreens Boots Alliance $WBA, General Mills $GIS, Micron $MU, and Nike $NKE

The perspective that the U.S. economy can avoid a recession and that the Federal Reserve is close to being done raising rates has encouraged broad-based buying interest and the start of a new bull market! Well technically by definition anyway as the S&P 500 closed up 20% from its October bear market low.

So what now? Well with such a HOT start thus far look for Nasdaq and the S&P 500 to cool off some and consolidate. I am watching for money to shift from Mega cap Tech names to other sectors/indices like the Dow Jones Industrial Average and Russell 2000.

The Dow Jones Industrial Average DJI has been consolidating really since December and has formed an inverted Head & Shoulders pattern on the weekly chart. A break over 34600 would be VERY bullish for markets. Look for momentum to shift back to value names.

Small Caps IWM Russell 2000 has finally shown a sign of life as it made a nice move the last couple of weeks, it still has some work to do but a higher low makes things interesting for a HOT small caps summer!

Swing Trades Recap 📊

Already at the halfway mark of 2023- Here is a preview of how we did in Q2, Remember Nasdaq (strongest index) is up +32% YTD and S&P 500 +16% YTD

If you are interested in getting these swing trade alerts, reply back “I am interested in the swing trade alerts” for more information

(Blue arrow is our buy alert, red arrows are sells as price targets get it)

NUGT We looked at hedging the portfolio via $NUGT Gold ETF. Swing entry triggered at $29.43 as the banking crisis kicked off. Swing gave us a +58% gain in 30 days

UBER triggered a signal entry at $30.50, has hit 3 price targets. Still open currently up +40% as of end of June. Also day traded $32 call options for +550% gain

TQQQ triggered a swing entry as QQQ was looking to break out of its range We swing traded TQQQ 32 Call options for+560% gain

IMGN triggered a swing entry at $14.55 and has hit 2 price targets. Still open, currently +29% gain as of the end of June.

CVNA triggered a swing entry at $12.06, has tagged 4 price targets. Still open, currently +110% gain as of end of June.

FORD triggered a swing entry at $12.15, tagged our 1st price target, still open currently +20% gain as of end of June

OSTK triggered a swing entry at $20.96 and tagged 2 of our price targets. Still open, currently +56% gain as of end of June.

COIN triggered a swing alert at $61 and tagged all of our price targets- $70,$75, $80. We traded options on this one for +400% gain

*None of these stocks above are recommendations to buy, sell or trade. We do not give financial advice, you should always do your own due diligence and practice proper risk management.*

If you are interested in getting these swing trade alerts, reply back “I am interested in the swing trade alerts” for more information

This segment is brought to you by Ceni Capital which was founded as a way to foster a community of like-minded individuals and empower them to create long term wealth by capitalizing on shorter term investments.

Step out of your comfort zone, break free from financial limitations, and embark on a journey of self-discovery through financial literacy, where every step you take today brings you closer to the life you've always envisioned. 🙌

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