Matthew Spositi is an aspiring trader, Austrian Economic enthusiast, entrepreneur, and founder of New Millennium Wealth. My goal is to help individuals get out of the rat race and become financially free, by showing you every step of my journey, and by sharing all of the knowledge I have accumulated about trading, investing, markets, and economics over the past 5 years.
Episodes
Thursday Sep 02, 2021
Thursday Sep 02, 2021
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I’m sorry for the lack of show postings recently, life has been absolutely crazy.
That being said I have some bad news, this is going to be the last episode of the podcast. I’ve been considering ending the podcast for over a year now as it takes a lot of time away from my trading, but I’ve always decided to not end the show in the past.
Unfortunately, I’ve decided that I need to end the show and pursue my trading career.
Listen if you want to hear more.
Thank you all for everything!
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Saturday Jul 17, 2021
Saturday Jul 17, 2021
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Have you ever bought something only to realize you paid way more than what you had to?
Have you ever bought an investment only to realize that it wasn't the best investment you could have made?
If you've ever done any of these things don't beat yourself up to much as it's unfortunately really easy to do. You see, we as consumers and investors are always dealing with what is called in economics as the Information Problem.
Now this term is usually used when talking about central planning, socialism, communism, and what not, but this term can also be applied to investing and buying goods and services.
While we can never truly get rid of the information problem (imperfect information), there are some things we can do to reduce risk and insure we are making the best choice that we can make.
Listen to learn more.
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Thursday Jul 01, 2021
Thursday Jul 01, 2021
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Today's Article Links:
https://www.lewrockwell.com/2021/06/no_author/there-is-more-to-blackrock-than-you-might-imagine/
http://www.williamengdahl.com/englishNEO18June2021.php
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Saturday Jun 26, 2021
Saturday Jun 26, 2021
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Today's Article Links:
https://www.aier.org/article/did-the-fed-just-raise-interest-rates/
https://www.aier.org/article/the-decentralization-fetish/
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Sunday Jun 13, 2021
Saturday Jun 05, 2021
Saturday Jun 05, 2021
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Sorry for the long hiatus, life got incredibly crazy for a lot longer than I anticipated. Between trying to get the house sold and then actually moving, all with a one year old mind you, I was unfortunately unable to produce any episodes.
That being said, I'm back and ready to hit the ground running!
In today's episode I talk about inflation and the unintended consequences of the government meddling in things they should stay out of.
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Today's Article Links:
https://fee.org/articles/we-just-got-even-more-proof-inflation-is-on-the-rise/?utm_source=ribbon
https://mises.org/wire/inflation-great-if-youre-already-rich
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Thursday May 06, 2021
Thursday May 06, 2021
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Note: First and foremost I want to apologize, I unfortunately gave episode 92 the wrong title and description. The title that was on episode 92 (Ayan Rand’s “Atlas Shrugged” Was Wrong) was supposed to be on episode 93 (today's episode). I apologize for the mistake. Both of the episodes titles and descriptions have now been fixed.
If you've ever read Atlas Shrugged, or watched the movies like I did, than you know that in the book, Ayn Rand characterized corporations, particularly big corporations, as being liberty loving institutions.
In all fairness, she wasn’t saying that all companies are like this, but still, is this image that Ayn Rand paints for us correct? Are corporation’s liberty loving institutions in general?
In short, no.
Corporations love big government and governments love big corporations.
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Sunday Apr 25, 2021
Sunday Apr 25, 2021
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Are you excited about the future, or do you think the future is going to be treacherous.
In today's episode I weigh in on what I think the future is going to look like.
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Friday Apr 16, 2021
Friday Apr 16, 2021
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So many people spend their time hating on the rich and the wealthy in Western society these days, but should they?
Is there really any reason to hate the rich and wealthy?
Well, yes and no, listen to hear more.
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Friday Apr 02, 2021
Friday Apr 02, 2021
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So, as it turns out, Immunity Passports are already an experimentation going on in New York City, Israel, and Canada.
Now, I know the last two places aren’t in the US, but if these countries are doing it, then there’s a good chance they’re coming.
That being said, as scary as all of this is, and trust me it freaks me out to say the least, there is hope.
Listen to hear more.
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