Walmart and Target Are Panicking

(5/23/2024)

• 💸 Retailers are rolling back prices in response to low income consumers hitting a proverbial brick wall, maxing out credit card debt and draining personal savings to dangerously low levels.

• 🛒 Walmart's slow payment to suppliers has caused companies to go broke, creating a financial burden and impacting their profit margins.

• 🛒 Lowering prices is a strategy to attract customers, not necessarily to make a profit on those items.

• 🛒 Walmart and Target are reducing prices on everyday items in response to consumer fatigue after years of high inflation.

• 💰 The effects of inflation have led to consumers spending a third more on consumer packaged goods than they did in 2019, indicating the impact of economic policies on everyday spending.

• 🛒 Consumers should not expect substantial relief in retail prices anytime soon, as companies are struggling with rising costs and shrinking margins.

Huge XRP and Coinbase News...

(5/23/2024)

• 🚫 Many business owners and executives have been hesitant to touch XRP due to fear of reprisal or losing their job, making this development a big deal.

• 💰 Ripple is building up the xrp blockchain to attract world governments to run their digital currencies on it, which will be a big draw for volume and adoption.

• 🛡️ The fact that governments come out and attack the blockchain of XRP is a sign that they are threatened by it.

• 🏛️ The government our government is freaking out right now about cryptocurrency.

• 💰 "I own xrp because I believe that you going to see Leaps and Bounds in technology when it comes to Central Bank digital currencies which I can't stand but try and stop it um technology advancements and they're going to that that blockchain I believe is going to win the contracts."

The Truth About The Housing Market And Learning How And When To Buy

(5/23/2024)

• 💰 A successful real estate investor started with one home and quickly expanded to owning 57 within a year, showing the potential for rapid growth in the market.

• 🏡 The truth about real estate is that it's 100% cycles, and being able to identify and understand these cycles is the key to success in the market.

• 🏡 Carlton Sheets taught people how to believe in themselves and showed them it was totally possible to buy their first home and rental properties.

• 🏡 Learning about real estate can lead to success, as seen in the story of a successful individual who bought 57 properties after taking the first step of buying a book.

• 💡 Learning and repeating nuggets of knowledge can lead to compounding success in real estate and other career fields.

• 🔑 It's up to you to take full ownership of your current situation and make progress, regardless of external factors.

• 📚 Seeking mentorship from people who have achieved greater success can push us to reach higher levels of achievement.

• 📚 Surround yourself with people who push you to grow and be better, especially when it comes to real estate investment.