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
Wednesday Nov 25, 2020
Ep. 66: Happiness Is A Choice
Wednesday Nov 25, 2020
Wednesday Nov 25, 2020
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My Email: matthew@newmillenniumwealth.com
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For starters, I wanted to first and foremost wish you guys a Happy Thanksgiving!
Due to the holiday, this is going to be the only episode that I do this week, but never fear, I will be back next week.
That said, in todays episode I’m keeping it casual by just talking about what I’m thankful for this year, and encouraging you guys to sit down, and think about all the things you’re thankful for as well this year.
With all the negativity running around, I think it’s incredibly important to take time and reflect on all the good things that happened for you and your families. Also, remember that happiness, and thankfulness for that matter, is a choice that we can choose to make or not.
Having said that, have a Happy Thanksgiving, and I’ll see ya’ll next week.
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Monday Nov 23, 2020
Ep. 65: What Determines The Value Of Bitcoin?
Monday Nov 23, 2020
Monday Nov 23, 2020
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Email me at: matthew@newmillenniumwealth.com
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Why is Bitcoin valuable?
Is Bitcoin money?
Bitcoin, Bitcoin, Bitcoin. It’s the buzz word creating a lot of stir in the financial markets and media. In many ways, it is a very foreign concept that many do not understand. Its making headlines with its rising values, and looking like it will make all new highs, and yet it is so expensive the “Average Joe” couldn’t dream of being able to afford a single coin.
It is a very controversial topic with people arguing about whether or not it has value, is it legitimate, and is it money or can it become money?
If you want to know the answers to this and more, listen to find out.
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Today's Article Links:
https://mises.org/library/cryptocurrencies-and-wider-regression-theorem
https://profitsofchaos.com/2017/11/04/what-backs-bitcoin/
https://mises.org/power-market/more-bitcoin-and-regression-theorem
https://mises.org/power-market/murphy-bitcoin-and-regression-theorem
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Monday Nov 23, 2020
Ep. 64: Everyone Is Focusing On The Wrong Thing
Monday Nov 23, 2020
Monday Nov 23, 2020
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Email me at: matthew@newmillenniumwealth.com
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If you listen to any form media outlet today, you will only hear about how bad the virus is, the election, and how angry everyone is, but in the end none of this really matters. It is all just a big ploy to keep you distracted from the real issues that are going on in our economy today.
The reality is that there are 27 million people collecting unemployment, our government is engaging is mass money printing, we are facing down the barrel of a failing economy, and yet everyone is focusing on the number of “confirmed” COVID cases and how you shouldn’t travel for Thanksgiving (cue eye roll).
It doesn’t matter who ends up being president. None of the problems that really matter are going to change or be fixed whether a Democrat or Republican is in office.
We should be focusing on turning the economy around, preserving and creating jobs by allowing Americans to function in society, and becoming financially free to insulate ourselves and our families from the catastrophe that has become our economy.
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Today's Article Links:
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Sunday Nov 15, 2020
Ep. 63: It Doesn’t Matter If Biden Wins: A Message of Hope
Sunday Nov 15, 2020
Sunday Nov 15, 2020
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Yes, Biden may win.
Yes, Biden may try to do things that could get in the way of our freedoms and liberties.
But, life will go on.
As I have said before, elections don’t matter. This doesn’t mean there won’t be good or bad outcomes from an election.
It doesn’t matter if Biden wins, or even Trump. At the end of the day, we will find a way to thrive, be free, and persevere regardless of who is president.
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Sunday Nov 15, 2020
Ep. 62: There Is No Such Thing As The Will Of The People
Sunday Nov 15, 2020
Sunday Nov 15, 2020
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How can one person, or party, really represent what the people want?
They can’t.
When you elect politicians, they have their agenda, not yours. You may agree or disagree with their agenda, but in reality, they are not representing the peoples’ will.
Is it really moral to have an election, where a small percentage of the people vote, to elect individuals to represent the country as a whole?
The reality is, whether you vote or not, the politicians don’t represent you, your family, neighbor, or even their own party affiliates. Democracy only gives permission for politicians to move forward with their agendas.
Please remember to leave me a RATING/REVIEW on iTunes.
Today's Article Links:
https://mises.org/wire/will-people-myth
https://mises.org/wire/no-matter-how-you-vote-politicians-dont-represent-you
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Friday Nov 06, 2020
Ep. 61: Is The Economy Turning Around?
Friday Nov 06, 2020
Friday Nov 06, 2020
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I’ve been saying for a while now, that there’s a good chance the economy is going to fall deeper into this recession more so than anybody is expecting.
While I still believe that to be true, recently positive economic data has come out suggesting that there may be a chance the economy is on a recovery trajectory.
Whether this means the economy is going to crash or not is still up in the air. But if nothing else it’s a good sign.
Please remember to leave me a RATING/REVIEW on iTunes.
Today's Article Links:
https://www.aier.org/article/durable-goods-orders-rose-again-in-september/
https://www.aier.org/article/u-s-economy-posts-record-gain-but-areas-of-weakness-persist/
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Friday Nov 06, 2020
Ep. 60: What Really Destroys Nations
Friday Nov 06, 2020
Friday Nov 06, 2020
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Have you ever wondered why nations rise and fall, regardless of what system of government is set in place?
At the end of the day, there is no nation on earth that has lived forever, and all nations ultimately crumble and die.
Why does this happen?
What prevents nations from prosperously living forever?
We talk about this and more in today’s episode.
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Sunday Nov 01, 2020
Ep. 59: Who’s Going To Win: Trump Or Biden?
Sunday Nov 01, 2020
Sunday Nov 01, 2020
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If you have been paying attention to the election this year, you are probably sitting on the edge of your seat wondering who is going to win the election?
While I am indifferent to the outcome of the election, in today’s episode, I give my personal opinion and make a personal prediction as to who I think is going to win.
Listen to find out who I think will win the election.
Please remember to leave me a RATING/REVIEW on iTunes.
Today's Article Links:
https://mises.org/power-market/will-nonpolitical-silent-majority-stop-left
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Sunday Nov 01, 2020
Ep. 58: Does Voting Even Matter?
Sunday Nov 01, 2020
Sunday Nov 01, 2020
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We are all told we need to vote, and that it is our civic duty to vote as “free people.” But have you ever wondered if your vote will even matter? Will it make a difference?
The truth is that while your vote will be counted, in the end the government won’t change regardless of who gets elected.
Either candidate will not have much effect on the continued growth in the size, scale, and power of the government. Both candidates will contribute to the increase national debt, deficit, governmental control of your life, and poor management of tax payers money.
Listen to find out more.
Please remember to leave me a RATING/REVIEW on iTunes.
Today's Article Links:
https://mises.org/library/votes-idiots
https://mises.org/library/mock-vote
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