"According to Credit Suisse's "Global Wealth Report 2020", there are 51.9 million individuals with a net worth surpassing $1 million. The index considers a person's net worth, along with their financial and real-estate assets, while deducting their debts and liabilities.
Despite representing just 1% of the global population (excluding children), millionaires own 43% of the world's wealth."
https://cointelegraph.com/news/want...mited-supply-cap-means-you-only-need-0-01-btc
Care to share any examples?
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[FONT="]"In July 2010, when bitcoin began trading, one bitcoin was worth up to $0.08."[/FONT]
https://blog.mogo.ca/what-is-bitcoin/#.YHP7_OhKiM-
[FONT="]Now it's worth $76,214.80 Canadian Dollars according to:[/FONT]
https://www.google.com/search?q=bit...i57j0i271l3.2654j0j4&sourceid=chrome&ie=UTF-8
[FONT="]If that's correct, imagine how rich you'ld be if you had bought only $1000 worth of Bitcoins at 8 cents each in 2010 & held onto them.[/FONT]
[FONT="]They'd be worth what now, about 1 billion dollars?[/FONT]
.
Debts 0
Two condos worth around $1 million combined. It went down after the pandemic, was 1.5 million before the pandemic.
Interactive brokers account 3 million. It was at 200K before the pandemic. Nearly 70% of the gains was from Novavax. Followed the suggestion from "betting resource" and picked up some call options and the stock directly when it was trading under $10. This time they sent out BB as the next millionaire maker stock for the next catalyst. I will post the email below. If the prediction comes true, my interactive account should break 10 million before 2023.
Sportsbook: Around 400K combined in pinnacle and betcris
Both my rental condos are rented out. Sold the house for $1.2 million recently and have around $1.5 million total in the bank account.
My house hold things are simple average or slightly above average items. Most of my expenses are for experiences. Travel, dining out, events etc.
Total net worth about 6 million. Thanks to the pandemic and betting resource, my net worth more than doubled. Maybe you can make some too in the stock market. Buy yourself BB Jan 2023 $15 and $20 calls for few thousand dollars. Below is the recent email that I received from BR about the next catalyst for the stock market and the potential millionaire maker stock.
We mentioned towards the end of the 1st quarter that we will enter the final phase of the melt up phase of the bull market in the 2nd quarter. That melt up phase began when SPY pushed past 395 at the beginning of the pace. I expect market overall market to be very bullish through until at least end of June. There will be minor turbulences that may last a 1 to 3 days but overall we will keep seeing new multiple highs for all three major indices. Based on the option activity in VIX volatile period is expected in sometime near mid July—around this time you can expect a correction that is more than a few days of turbulence. Weather this correction is going to be a 1 to 2-week correction or the beginning of the real big crash will not be known until later—I will provide some context in regards to this below. This is where the catalyst that I have been talking about comes into play.
2020 March crash’s catalyst was the pandemic. Those who followed the fed actions and what was happening in the world economic forum through 2019 foresaw the events of 2020 well before the market crash and the world wide pandemic out break. Keep in mind that the media, weather it is social media, news, investor advisor—is there to manipulate people’s behavior—in finance, to manipulate investor behavior. Timing is key for many things and the media will manipulate investors to act at the wrong time that benefits only a very few. One must learn to read between the headlines and to remember all the past news that they read from news/social media/analysts—but most don’t and they are not able to process it—however everything that they saw/read gets stored in their subconscious and acts as a trigger in the future behavior. When playing with naked options, timing is very important and it is important that you do not buy/sell options based on something that you read or once something is already in the recent headlines…if that is the case, the premiums have already gone up….this is a good time to write options not buy/sell naked options.
Now back to catalyst…back in 2019 through out the year a repeated news was possible viral pandemic. It didn’t dominate the headlines but it was there many times in opinion pieces of all major news which projected all kinds of outcomes. Most people overlooked these headlines until February/march 2020 without realizing how much it would affect their future behavior of all aspects of daily life including financial decisions. Towards the end of the year through October and November of 2019 world economic forum partnered with John Hokpkins university to run a full scale simulation of the pandemic even before the out break. This simulation is available on youtube. You can search for “Event 201 Pandemic Exercise: Segment 1” There are four segments…after you watch the segment, search for the same thing but change the number until you check them all out. Most of the public was unaware of this because news selectively didn’t give coverage to this event that happened over a span of few weeks well before the initial outbreak in wuhan. After the event ended, news broke about possible outbreak in china in late November. By end of December, netflix and other major streamers have already released some newly produced pandemic movies and documentaries. We all know what followed in 2020. Anyone who followed the world economic forum and the big money moves in stocks like moderna, novavax prior to march crash knew investing in those stocks was no brainer.
The point of all that is that signals are there in plain sight but if you let the news or whoever you follow manipulate your behavior, you will only see what they want you to see. Never look up to someone and never look down on someone. Take it as they come, process, digest, and do your due diligence. This includes to what you are reading from me as well.
So what is going to be the next catalyst? Since the 2nd half of last year, one of the repeated news in the opinion pieces that many are overlooking is cyber security/hack threats. World economic forum has been very busy with this topic hosting many conferences and there is a simulation for this in the works. A cyber attack/hack incident is going to be the next big catalyst that will act as a gateway for the corporate and the government to pass rest of the policies that they haven’t managed to squeeze in with the corona pandemic. Social media/news/msm has already planted seeds in the subconscious of many. The recent suez canal blockage one of the good example. It was no accident. That even was used to bring to light the problems that can arise from interruption to supply chain. That is just a small piece. The hack/cyber attack incident will do exactly that and will set in motion the commodity cycle that we mentioned late last year. Commodity cycle has a boom and bust…. each lasting 10 to 15 years. Corona pandemic ended the bust period and started the boom period and this boom is just getting started. When the big crash happens, the ones that will come out strong are commodity. Tech stock will experience something similar to dot come bubble. So if you want to buy the dips during the crashes, you want to accumulate positions in commodity stocks. In the tech sector, there will be one that will do very well and that is cyber security companies. Our millionaire maker stock this time is blackberry (BB). Everything is coming together for this company and it will come back to reach past highs just like novavax did. Currently it is trading under $10 which is bargain. This stock should reach its previous high of nearly $150 sometime in 2022. I have been adding BB to my portfolio each time it comes below single digits. I have also been accumulating Jan 21’22 $15 call. I have paid various price for this contract ranging from $0.60/contract to $2.35/contract. Currently it is trading for just under $0.90/contract. 10 contracts in this will give you control of 1000 stocks for $900 until Jan 21’22! This week I started accumulating Jan 20’23 $15 call as well…paying around $2.10/contract…I will continue buying this. You can probably put bid for $2.00/contract and still get it. My goal is to keep equal number of contracts for jan 22 and jan 23 expiry. I will use Jan 22 expiry positions to take some profit at different levels as the stock price gains and hold Jan 23 expiry until the stock gets near its all time high. Weather I sell the January 22 contracts or exercise the options will depend on some factors…I won’t know until the catalyst begins. When the crash is set in motion, BB will dip but not as much as other stocks and it may not come back to single digits if it gains ground between now and the crash. So now is a good entry point and in the future you may add as you need if it dips below current price. Take a look at novavax chart and see how it behaved during the march 2020 crash…expect bb to behave similar. There is another great stock in this sector and that is OKTA. I have few positions that may be too expensive for some but if you want to accumulate options wait for the crash to cause a pull back. Then buy out of the money options with expiry nearly a year away. Take a look at Shopify chart (SHOP) during the 2020 crash…. OKTA will move similarly after the next big crash. If you will follow me in the future, you will see my positions. For now, keep loading up on BB when it is still trading in single digits. Many hedgefunds have already made their moves and it will continue to stay low as the rest of them fill their bags. During the last crash I was strong on NVAX, MRNA, W, SHOP and ZM. All achieve handsome gains. For the next catalyst and the commodity boom, I will be strong in 10 tickers. Two of them are BB and OKTA. I will cover 8 more in the coming weeks and months.
Don’t fall for any false narratives. The new false narrative is that retail traders are screwing the hedge funds and controlling the market. This is just to give more confidence to everyone to put their money into the markets. Retail will lose the most.
Unrelated to the above update, I have a placed a bid to buy small position in ROOT May 21’21 $15 call. My bid is $0.50 cent per contract. I recommend doing the same. Its below the current high bid but there is good chance it can fill tomorrow or Friday. ROOT lock up expiry is coming up later in April and the stock should get pushed up as it nears. It is also heavily shorted so there will be big attempt to time the short squeeze around the lock up expiry date. There is high chance that the stock can go near or past the IPO level which can result in 1000+% if you manage to buy this call.
Two condos worth around $1 million combined. It went down after the pandemic, was 1.5 million before the pandemic.
Interactive brokers account 3 million. It was at 200K before the pandemic. Nearly 70% of the gains was from Novavax. Followed the suggestion from "betting resource" and picked up some call options and the stock directly when it was trading under $10. This time they sent out BB as the next millionaire maker stock for the next catalyst. I will post the email below. If the prediction comes true, my interactive account should break 10 million before 2023.
Sportsbook: Around 400K combined in pinnacle and betcris
Both my rental condos are rented out. Sold the house for $1.2 million recently and have around $1.5 million total in the bank account.
My house hold things are simple average or slightly above average items. Most of my expenses are for experiences. Travel, dining out, events etc.
Total net worth about 6 million. Thanks to the pandemic and betting resource, my net worth more than doubled. Maybe you can make some too in the stock market. Buy yourself BB Jan 2023 $15 and $20 calls for few thousand dollars. Below is the recent email that I received from BR about the next catalyst for the stock market and the potential millionaire maker stock.
We mentioned towards the end of the 1st quarter that we will enter the final phase of the melt up phase of the bull market in the 2nd quarter. That melt up phase began when SPY pushed past 395 at the beginning of the pace. I expect market overall market to be very bullish through until at least end of June. There will be minor turbulences that may last a 1 to 3 days but overall we will keep seeing new multiple highs for all three major indices. Based on the option activity in VIX volatile period is expected in sometime near mid July—around this time you can expect a correction that is more than a few days of turbulence. Weather this correction is going to be a 1 to 2-week correction or the beginning of the real big crash will not be known until later—I will provide some context in regards to this below. This is where the catalyst that I have been talking about comes into play.
2020 March crash’s catalyst was the pandemic. Those who followed the fed actions and what was happening in the world economic forum through 2019 foresaw the events of 2020 well before the market crash and the world wide pandemic out break. Keep in mind that the media, weather it is social media, news, investor advisor—is there to manipulate people’s behavior—in finance, to manipulate investor behavior. Timing is key for many things and the media will manipulate investors to act at the wrong time that benefits only a very few. One must learn to read between the headlines and to remember all the past news that they read from news/social media/analysts—but most don’t and they are not able to process it—however everything that they saw/read gets stored in their subconscious and acts as a trigger in the future behavior. When playing with naked options, timing is very important and it is important that you do not buy/sell options based on something that you read or once something is already in the recent headlines…if that is the case, the premiums have already gone up….this is a good time to write options not buy/sell naked options.
Now back to catalyst…back in 2019 through out the year a repeated news was possible viral pandemic. It didn’t dominate the headlines but it was there many times in opinion pieces of all major news which projected all kinds of outcomes. Most people overlooked these headlines until February/march 2020 without realizing how much it would affect their future behavior of all aspects of daily life including financial decisions. Towards the end of the year through October and November of 2019 world economic forum partnered with John Hokpkins university to run a full scale simulation of the pandemic even before the out break. This simulation is available on youtube. You can search for “Event 201 Pandemic Exercise: Segment 1” There are four segments…after you watch the segment, search for the same thing but change the number until you check them all out. Most of the public was unaware of this because news selectively didn’t give coverage to this event that happened over a span of few weeks well before the initial outbreak in wuhan. After the event ended, news broke about possible outbreak in china in late November. By end of December, netflix and other major streamers have already released some newly produced pandemic movies and documentaries. We all know what followed in 2020. Anyone who followed the world economic forum and the big money moves in stocks like moderna, novavax prior to march crash knew investing in those stocks was no brainer.
The point of all that is that signals are there in plain sight but if you let the news or whoever you follow manipulate your behavior, you will only see what they want you to see. Never look up to someone and never look down on someone. Take it as they come, process, digest, and do your due diligence. This includes to what you are reading from me as well.
So what is going to be the next catalyst? Since the 2nd half of last year, one of the repeated news in the opinion pieces that many are overlooking is cyber security/hack threats. World economic forum has been very busy with this topic hosting many conferences and there is a simulation for this in the works. A cyber attack/hack incident is going to be the next big catalyst that will act as a gateway for the corporate and the government to pass rest of the policies that they haven’t managed to squeeze in with the corona pandemic. Social media/news/msm has already planted seeds in the subconscious of many. The recent suez canal blockage one of the good example. It was no accident. That even was used to bring to light the problems that can arise from interruption to supply chain. That is just a small piece. The hack/cyber attack incident will do exactly that and will set in motion the commodity cycle that we mentioned late last year. Commodity cycle has a boom and bust…. each lasting 10 to 15 years. Corona pandemic ended the bust period and started the boom period and this boom is just getting started. When the big crash happens, the ones that will come out strong are commodity. Tech stock will experience something similar to dot come bubble. So if you want to buy the dips during the crashes, you want to accumulate positions in commodity stocks. In the tech sector, there will be one that will do very well and that is cyber security companies. Our millionaire maker stock this time is blackberry (BB). Everything is coming together for this company and it will come back to reach past highs just like novavax did. Currently it is trading under $10 which is bargain. This stock should reach its previous high of nearly $150 sometime in 2022. I have been adding BB to my portfolio each time it comes below single digits. I have also been accumulating Jan 21’22 $15 call. I have paid various price for this contract ranging from $0.60/contract to $2.35/contract. Currently it is trading for just under $0.90/contract. 10 contracts in this will give you control of 1000 stocks for $900 until Jan 21’22! This week I started accumulating Jan 20’23 $15 call as well…paying around $2.10/contract…I will continue buying this. You can probably put bid for $2.00/contract and still get it. My goal is to keep equal number of contracts for jan 22 and jan 23 expiry. I will use Jan 22 expiry positions to take some profit at different levels as the stock price gains and hold Jan 23 expiry until the stock gets near its all time high. Weather I sell the January 22 contracts or exercise the options will depend on some factors…I won’t know until the catalyst begins. When the crash is set in motion, BB will dip but not as much as other stocks and it may not come back to single digits if it gains ground between now and the crash. So now is a good entry point and in the future you may add as you need if it dips below current price. Take a look at novavax chart and see how it behaved during the march 2020 crash…expect bb to behave similar. There is another great stock in this sector and that is OKTA. I have few positions that may be too expensive for some but if you want to accumulate options wait for the crash to cause a pull back. Then buy out of the money options with expiry nearly a year away. Take a look at Shopify chart (SHOP) during the 2020 crash…. OKTA will move similarly after the next big crash. If you will follow me in the future, you will see my positions. For now, keep loading up on BB when it is still trading in single digits. Many hedgefunds have already made their moves and it will continue to stay low as the rest of them fill their bags. During the last crash I was strong on NVAX, MRNA, W, SHOP and ZM. All achieve handsome gains. For the next catalyst and the commodity boom, I will be strong in 10 tickers. Two of them are BB and OKTA. I will cover 8 more in the coming weeks and months.
Don’t fall for any false narratives. The new false narrative is that retail traders are screwing the hedge funds and controlling the market. This is just to give more confidence to everyone to put their money into the markets. Retail will lose the most.
Unrelated to the above update, I have a placed a bid to buy small position in ROOT May 21’21 $15 call. My bid is $0.50 cent per contract. I recommend doing the same. Its below the current high bid but there is good chance it can fill tomorrow or Friday. ROOT lock up expiry is coming up later in April and the stock should get pushed up as it nears. It is also heavily shorted so there will be big attempt to time the short squeeze around the lock up expiry date. There is high chance that the stock can go near or past the IPO level which can result in 1000+% if you manage to buy this call.
sorry I missed this but no, if you have that much $ you are looking for a credit card with points, rewards or whatever. You aren’t doing a no interest introductory rate, nor are you really shopping credit card promo rates. Would you look for an intro interest rate at a net worth of 2 million or would you want rewards, cash back etc. just not logical
I would classify as net worth above 2 million as having wealth. Those that have wealth pay off their credit card. They get rewards for paying it off. The 18% is not something to even look at, they pay it off. Rewards font offset it, you only pay interest on balances you don’t pay off. If you have 2 million net worth you don’t carry a balance on your credit card. There is no logical reason to do it.
