Our Six-Month Retirement Plan

|March 20, 2024
Apple stock app and market chart, company shares close-up photo

Are we working too hard?

Being too inefficient?

It takes effort to compile our twice-weekly Bulletin. Human effort. And despite the occasional thanks we get from subscribers, as a business leader we must wonder…

Is the juice really worth the squeeze?

It’s with that idea in mind that we asked our good friend Claude (an AI chatbot) to review our output so far this week and summarize the big ideas and themes at Manward.

Here’s what he told us:

The overall themes are navigating an investing landscape rife with disruptive technologies like crypto and AI, persistent economic risks around inflation and Fed policy, and challenges for even blue-chip tech/industrial giants. Prudent investing requires monitoring these crosscurrents.

Oh dear. We may be out of a job.

A(I)PPL?

We kid, of course. AI won’t replace our job for at least another six or eight months. And given the bullish state of both the crypto and stock markets, if we act “prudently” we may just have enough time to bolster our nest egg ahead of our impending termination.

Apple (AAPL) is similarly in self-preservation mode.

As Shah noted on Monday, the company appears to be in talks with Alphabet (GOOGL) to incorporate its AI tech into the iPhone 16.

“Keep an eye on both Apple and Alphabet. We bought the dip in Google. Might be time to buy the dip in Apple,” Shah said before adding an important caveat…

That if Apple doesn’t make AI a big part of its next iPhone launch… it will create even more trouble for the already battered stock.

Despite the company changing course this week, shares are still down around 5% for the year.

It could be worse though…

Flying Nightmares

Boeing (BA) shares have plummeted almost 30% in 2024. It’s been one PR nightmare after another… from faulty equipment to suspicious deaths.

Not even AI could’ve dreamed up such a terrible scenario for a once-beloved company.

In Shah’s words:

The stock is getting killed. And you know what? I don’t see any hope. So, if you own Boeing, you might want to think about dumping it. How long are you going to have to hold it for it to get back to anywhere worthwhile? My answer to that is, “I don’t know… maybe the 12th of never.” Boeing is an absolute mess.

Halve and HODL

Let’s put the negativity behind us and close on a positive note. For investors, there’s certainly a lot to be excited about right now.

Especially if you’re invested in certain cryptocurrencies.

The Ethereum “Dencun” upgrade is behind us… and we’re hurtling toward the big Bitcoin halving (coming up next month).

Robert dedicated yesterday’s Total Wealth to answering a reader question about the halving and why it could send the current crypto bull market into overdrive.

We’ve seen it reflected in Bitcoin’s price action after the last three halvings…

Bitcoin

And as Robert explained, the fourth halving is occurring at a critical time for cryptocurrencies.

“As we look forward to the next halving, it’s essential to consider the broader context of the crypto market and global economy,” Robert wrote. “Several factors could create more demand for Bitcoin.”

Read all about them here...

And then let us know where you think Bitcoin’s price is headed this cycle. Send a note to mailbag@manwardpress.com.


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