Together with Public

Happy Thursday,

One quick reminder before we dive in…

Austin will be joining the legendary Katie Stockton shortly for a webinar!

Austin will share three of his favorite stocks right now (fundamentally speaking) and Katie will provide thoughts on where their prices could be heading (technically speaking). All Rich Habits subscribers are welcome to join us at 12:30pm ET!

Click here to sign up!

A quick breakdown — in case you don’t have the time.

1. ⭐ Trial the Rich Habits Network for FREE for 7 Days (seriously)!

2. ⭐ The recent market rally has been very unique, historically speaking.

3. ⭐ We broke down how to “swipe smart” with your credit cards.

4. ⭐ Gold is great, but it won’t save your portfolio.

5. ⭐ Opportunities to add oversold stocks come during every market correction.

6. ⭐ Musk announced he plans to reduce DOGE time to focus more on Tesla.

Market Overview

Chart of the Week

The recent market rally has been very unique, historically speaking.

Over the past two weeks, we’ve seen six days with more than 70% of stocks and ETFs listed on the NYSE advancing higher. Every single time this has happened, the stock market has been higher both 6 months and 12 months later.

In other words, the way that the stock market is operating isn’t necessarily typical for a “short covering rally” or a “bear market rally.”

Does that mean we believe that the turbulence is behind us and the “bottom” is in for the stock market? Not necessarily. However, it goes to show that what’s going on in the market is historically wild — especially considering we are witnessing an extremely rare ‘economic experiment’ take place in real time.

If you’re a part of the Rich Habits Network, you’ll know we’ve been sharing for weeks now our prediction that the market is trying to form a “bottom.” We’ve compared this market cycle to those experienced in 2011 and 2015 — where the markets chop around for several months before finally trending higher again.

You’re being inundated with bearish news regarding the trade wars, Russia / Ukraine, shaky guidance from earnings reports, and more. We hope positive stats like these reinforce the idea that you truly never know where the market is going next. We plan to continue participating in this wild market regardless of conditions — and we encourage you to not let the continued volatility shake you out from playing the game.

Together with Public

Today’s Rich Habits Newsletter is brought to you by Public – the platform where real investors can manage their wealth. It’s designed with all the asset classes and tools you need to level up your portfolio. 

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• Build a diversified portfolio and invest in almost everything–stocks, options, bonds, crypto and more.

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When you transfer your existing portfolio over to Public, you can earn up to a $10,000* bonus.

In Case You Missed It…

👉 Episode 114: Swipe Smart; Using Credit Cards Without the Debt

In this week’s Monday-morning episode of the Rich Habits Podcast (linked here) — Austin and Robert shared the blueprint for using credit cards wisely, and how to avoid falling into the debt trap.

Here’s what they talked about:

1. The Right Way to Use Credit Cards — Credit cards aren’t free money, and they’re not your friend. When used wisely they can help you travel for free, earn cash back, and enjoy premium perks without ever paying a dime in interest. Only spend what you were already going to spend with cash, and always pay your balance in full. This is not about racking up debt; it’s about being strategic.

2. Key Credit Card Dates and Terms — Most people get tripped up by misunderstanding their statement date and due date. Knowing just these two terms can drastically improve your credit score and help avoid interest. It’s also critical to know about credit utilization, grace periods, and why you should never make just the minimum payment.

3. Avoiding the Common Pitfalls — From sky-high interest on cash advances to hidden fees on foreign transactions, we want you to understand common credit card fees and how to avoid them. Setting up auto-pay is a must for all of your cards, but you should also schedule time to go through all of your statements.

As we mention in the episode, we are NOT credit card experts. But guess what — you don’t have to be. Make sure you know all of these basic principles, and enjoy the rewards for being a disciplined spender!

👉 Q&A: High-Risk Investing, Millionaires in Credit Card Debt, & Washing Your Crypto

Here’s a link to the Q&A episode that was posted this morning.

We answered questions from: Monica, Abel, Ting, Andrew, TJ, and Martin.

You can submit questions for these episodes by asking them inside of the Rich Habits Network, replying to this email, or sending us a DM on Instagram.

The Rich Habits Podcast is available on Spotify, Apple, iHeart, YouTube, and wherever else you get your content!

Robert’s Callout

Gold is great, but it won’t save your portfolio.

I’ve been getting a lot of questions over the past several weeks about gold. As most of you know, I’ve been a long-term investor into precious metals (both physical and via ETFs like GLD). This has created a lot of relief in my portfolio throughout 2025 — and congrats to many of you that have invested into gold while I’ve been speaking about it so publicly for the last couple of years.

Gold is a fantastic component to any portfolio, but please don’t be fooled that you need to go “all in” on this precious metal. I continue to buy both gold and silver, but the ultimate goal is to build a stronger portfolio over time — which must have a focus on the S&P 500.

As you can see above, the S&P 500 has outperformed gold by nearly 4x over the last three decades. I’ve always preferred to have exposure to both — and I’ll continue to act that way. So to all of you that have been asking me in the Rich Habits Network about gold — there’s no need to have FOMO. Make a plan, determine how much of your portfolio you want in precious metals, and you can start DCA’ing into GLD and SLV.

I love all of the precious metal talk, but remember to keep your eye on the prize… a well-balanced portfolio full of incredible companies, crypto, real estate, and more! We’re living through insane times in the markets — stick to your plan and you’re going to do great over time.

Austin’s Callout

Opportunities to add oversold stocks come during every market correction.

The chart above shows the AMZN stock price and its correlation with Amazon’s earnings per share (EPS). As you can easily see, the stock price has a tendency to closely follow the company’s overall performance — and the stock price is currently way below its normal trend.

I share this as merely one example of what can take place during market turbulence. The stock market as a whole has been on an incredible run over the past five years. Despite an ugly start to 2025, the S&P 500 is still up +89.5% during that time — an annualized average of +17.9%.

When the market pulls back, opportunities present themselves as some companies experience “unwarranted” selloffs. I’m not saying Amazon (and the stock market as a whole) has “bottomed” and it’s straight up from here, but you should have your “buy list” ready to go for the rest of this year. As long-term investors, it’s important to understand the inner-workings of every business you’re invested into and have conviction. Amazon’s business is more profitable than ever, despite their stock price trading -17% this year. The business is NOT the stock.

We don’t know if the market will go back to all-time highs soon — or if we’re chopping around for months before a major drop lower. Regardless, I look forward to DCA’ing into the likes of Amazon, Nvidia, Google, Tesla, and other cash-flowing monsters over the coming months. Frankly — I would love to get them at much lower prices.

The Rich Habits Radar

• 👉 AstraZeneca inked $200M AI cancer deal with Tempus and Pathos.

• 👉 Trump said he doesn’t plan to fire Jerome Powell — markets rallied.

• 👉 Boeing rose +8.5%, with Q1 losses shrinking & deliveries soaring +60% YoY.

• 👉 Musk announced he plans to reduce DOGE time to focus more on Tesla.

• 👉 Intel is rumored to cut 20% of its staff in restructuring move.

• 👉 Trump blamed Zelensky as Russia / Ukraine peace talks stall.

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Disclaimer: This is not financial advice or a recommendation for any investment. The content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.

Public Disclosures: All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Cryptocurrency trading services are offered by Bakkt Crypto Solutions (NMLS ID 1890144), which is licensed to engage in virtual currency business activity by the NYSDFS. Cryptocurrency is highly speculative and involves a high degree of risk. Cryptocurrency holdings are not protected by the FDIC or SIPC. Alpha is an AI research tool powered by GPT-4. Output from Alpha is not investment advice and should be verified for accuracy. 

*A Bond Account is a self-directed brokerage account with Public Investing, member FINRA/SIPC. Deposits into this account are used to purchase 10 investment-grade and high-yield bonds. The 6% yield is the average, annualized yield to worst (YTW) across all ten bonds in the Bond Account, before fees, as of 4/24/2025. A bond’s yield is a function of its market price, which can fluctuate; therefore, a bond’s YTW is not “locked in” until the bond is purchased, and your yield at time of purchase may be different from the yield shown here. The “locked in” YTW is not guaranteed; you may receive less than the YTW of the bonds in the Bond Account if you sell any of the bonds before maturity or if the issuer defaults on the bond. Public Investing charges a markup on each bond trade. See our Fee Schedule. Bond Accounts are not recommendations of individual bonds or default allocations. The bonds in the Bond Account have not been selected based on your needs or risk profile. See Bond Account Disclosures to learn more.

**Terms and Conditions apply.