Surviving 2024
244: Succeeding Financially, Socially, and Personally in 2024
Happy Thursday folks - hope everyone is enjoying the post holiday high - I find that these 5 days after Christmas are one of the only times I completely “check out” during the year. I lay on the couch, eat leftovers, do some returns, and even dabble with some Call of Duty or video games as I mentally reset for the start of the New Year.
If y’all are working this week you have my condolences and hopefully it’s nothing but light email responding and administrative crap.
With 2024 fast approaching I figured we’d keep up the tradition and do another post on ways to improve yourself in the next year. The last guide I did on this topic was the single most read post of the year.
Many people have a strong opinion on what the new year will hold in 2024. You likely know my sentiment from reading Arb Letter so I won’t bore you with my ramblings on the collapse of Western Society.
Instead I wanted to focus on three segments today — highlighting where we stand on each front and what you can do to position yourself to benefit the most from what’s to come in 2024. Today I will touch on the current state of:
Financial Markets
Society & Politics
Cultural Trends
Today I’ll walk through my specific holdings in both equities and crypto as well as highlight the assets and names I think have the largest upside in 2024. I will walk through a brief overview of the political and societal state of this country, and then touch on what I consider the biggest threat to this nation in the new year — besides the endless government psy ops of course.
Many people have woken up in 2023 — seeing that not is everything not what it seems, but that we are being actively misled on the reality of core issues effecting everyone in this great country. Public mistrust of insitutions and government is likely at all time high levels.
And those who control us know this. Their time is running short and they’ll be forced to up the ante or risk a retribution that would see their power structures, influence, and control destroyed.
If you’re under any illusion that 2024 is going to be a smooth ride — I urge you to reexamine that position. Those who are going to advance and thrive in 2024 are the ones preparing for a variety of outcomes now — one of the best ways to do this is to ingest content and opinions that don’t fall pretty to the typical fluffy narrative posed by mainstream outlets. They don’t want you to win in the words of DJ Khaled. They want you soft, gullible, impressionable, and controllable.
Let me ask you something — who do you think would be tyrannical governments or just governments in general prefer in a citizen?
The “man” or “woman” who quietly goes to work from 9-5 everyday because they are locked into an absurd mortgage or lifestyle, eats unhealthy food, becomes obese, parrots talking points from CNN or NPR, racks up credit card debt, watches porn, worships celebrities, favors open borders, supports the current “thing”, can’t lift to save their own life, wouldn’t know a firearm from a sex doll, and withers into old age rampant with health issues?
OR
The man or woman who starts their own business, owns their own land and home, eats whole organic foods (no Bill Gates lab meat), is fit and in shape, questions everything they are told and read, cash flows from multiple investments with financial freedom, starts a family, is an individual of faith (any faith), favors a secure and competent nation, despises government overreach into citizen’s lives, is trained to defend themselves and their loved ones, and lives a long healthy life on their own terms?
The answer should be clear.
And from this starting point you should now get a sense of why things are the way they are right now in this country.
There are major issues afoot that will change the course of this nation forever — and many don’t realize we are actually living through this defining time period. 2024 will set the tone for the next 15 years. While you cannot change these larger events — you can change how you approach them and what you are going to do everyday to ensure you do not fall into the trap of mediocrity and uselessness.
It’s not the strongest of the species that survive, not the most intelligent, but the most responsive to change
—Charles Darwin
Financial Markets
So how can you get ahead financially in 2024 outside of starting a business or killing it in your career?
While I was a trader early in my career my focus was mostly commodities and derivatives - so I’m not a god or even a remote expert when it comes to equities. I invest in tech, industrials, energy, and AI primarily. Microsoft, Amazon, Palantir, and Nvidia make up 50% of my brokerage holdings. The rest is in ETFs.
I have no plans to stop contributions to retirement accounts or long term holdings. If you’re feeling a pinch because of those healthy regular contributions than you should be singularly focused on ramping up your income, not penny pinching for another cup of coffee. I am highly optimistic about the chances for many to achieve wealth in 2024 in financial markets. It just so happens we get the chance to benefit from a potential pivot in monetary policy and a revolutionary technology paradigm in crypto and digital assets.
My current holdings for equities are the following: