🎅🏻 Happy Holidays from Austin & Robert!

Together with Titan

Happy Holidays!

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

1. ⭐ Bitcoin bull markets are littered with double-digit pullbacks.

2. ⭐ Building generational wealth in your 40s & 50s is easier than you think.

3. ⭐ The Fear & Greed Index hit “Fear.”

4. ⭐ Bitcoin ETF flows need to hit $46B for Bitcoin to trade at $120K.

5. ⭐ Grifin is offering one year free when you use this code: Holiday24

6. ⭐ Connect directly with us inside the Rich Habits Network!

Market Overview

Chart of the Week

Bitcoin bull markets are littered with double-digit pullbacks.

Throughout prior Bitcoin bull markets, the price of Bitcoin experienced several pullbacks in the range of -29% to -38%. Both of the above and below charts do a great job illustrating that. The above chart shows just how often these pullbacks occur, while the chart below shows us we’re “par for the course” during prior Bitcoin bull markets.

Together with Titan

Why Smart Money Is Rethinking Cash Management

Here's an interesting wealth trend I've been watching: Successful professionals are starting to manage their cash like institutions do, not like their parents taught them.

While traditional banks offer "high-yield" savings accounts, institutions have relied on more sophisticated strategies. They use Treasury Money Market Funds, which may outperform while offering tax advantages most people don't know about.

That's why Titan's Smart Treasury caught our attention. They've taken institutional cash management strategies and made them accessible to individual investors. The platform automatically selects the highest yields among their options while optimizing for your tax situation. (For context: investing just $6K in Smart Treasury could cover your entire annual membership – making their professional guidance and premium perks at no cost.)

But here's what makes Titan different from other fintech plays: They pair sophisticated investing with real guidance. You get advisors you can actually message – no scheduling, no gatekeeping, just straight answers when markets move. Plus premium perks you'll actually use, like MSG suite access and impossible-to-get reservations.

Think of it as having a Goldman-caliber wealth manager in your pocket, but built for our generation. Whether you're sitting on cash earning nothing or ready to level up your wealth management game, it's worth checking out.

In Case You Missed It…

👉 Ep #96: Building Generational Wealth in Your 40s & 50s

In this week’s episode of the Rich Habits podcast (linked here) — Robert and Austin talked about building generational wealth in your 40s & 50s.

People make the mistake of thinking wealth has passed them by once they hit a certain age, and we’re here to tell you … NO IT HASN’T! This episode lays out the blueprint to building generational wealth in your later years, even if you’re starting from scratch.

Here’s what they discussed:

1. Increase Your Household Income — If you’re scraping by financially, you either have an income problem or a spending problem. To address the spending problem, use a monthly budget, audit your spending, and track every dollar entering and leaving your bank account. Find the margin! To increase your income, get that certification that will allow you to negotiate a raise, job hop if necessary, and lay out a clear path to rising in your career.

2. Put Your Money to Work — Don’t just put your “new money” to work, but also your existing money! You’re either earning interest or you’re paying interest — and we always want to be earning it. You can do this by parking your emergency fund in a high-yield cash account on Public, contribute toward your 401(k), or build your bridge account.

3. Estate Planning — Now that you’re going to retire wealthy, it’s time to think about the best way to pass this down to your children. We recommend opening a 529 account, getting term-life insurance through Suriance, having your business and real estate structure in order, creating a revocable trust, and even finding a power of attorney.

👉 Q&A: S&P 500 vs. Nasdaq 100, Retained Earnings, & Saving for a Newborn

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

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

The Fear & Greed Index is currently trading at 28, hitting the “Fear” range.

As we shared in last week’s edition of the Rich Habits Newsletter, market breadth took a nose dive. As a quick refresher, this means the total number of companies whose stock prices were trending higher as a percent of the S&P 500 declined dramatically.

As you can see from the chart below, the percent of S&P 500 constituents whose Relative Strength Index (RSI) was below 30 peaked at 31.5%. This hasn’t happened since September of 2022. In our opinion, this is an “oversold” indication — giving long-term investors an opportunity to “buy the fear” and build positions in blue chip companies.

Austin’s Callout

For Bitcoin to hit $120K, ETF flows would have to increase +27% to $46B.

The above chart does a wonderful job showing the clear correlation between the price of Bitcoin and the amount of money retail (and institutional) investors are investing into the Bitcoin ETFs.

The Rich Habits Radar

• 👉 BATMMAAN is the new “FAANG” after Broadcom soars higher.

• 👉 The House passed a stopgap bill to prevent a government shutdown

• 👉 Amazon workers launched a massive strike ahead of the final holiday push.

• 👉 Tesla is in talks with Austin, Texas about launching Cybercabs.

• 👉 Darden Restaurants soared after earnings, announced an Uber partnership.

• 👉 November Home Sales posted their largest annual gain since 2021.

Check ‘Em Out

Below is a list of our featured partners that we’ve vetted — with whom we have a personal relationship. Browse these exclusive offers curated just for you:

• Budgeting — Download our FREE Budgeting Template

• High-Yield Cash Account — Earn 5.1% on your savings

• Public — Trade stocks, options, and crypto

• Frec — Use direct indexing to invest & save on taxes

• Grifin — Automatically buy stock where you shop

• Acorns — Get $35 free when you subscribe

• Suriance — Protect your family with term life insurance

• Video Course — Use code “Newsletter” for 15% off

• Seeking Alpha — Optimize your portfolio

• Credit Card Matrix — Find your next favorite card to swipe

• Roi — Use code “Habits” and start tracking your net worth

• Dynasty — Protect your home in a trust

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.

Titan Disclosures: Titan Global Capital Management USA LLC is an SEC-registered investment adviser. The reference of a $6K investment is based on a calculation that assumes a 4.60% 7-day yield (as of 11/29/2024) for Smart Treasury remains constant for a full year, with a $6K investment and no withdrawals during that period. Due to the fluctuating nature of 7-day yields of money market mutual funds, it is unlikely for them to remain constant, and actual earnings may vary depending on market conditions. The $6K breakeven point is based on the potential annual earnings from Smart Treasury estimated to be $263.45, exceeding the $250 annual membership fee. For purposes of the comparison between yield earned and the membership fee, the estimated earnings was calculated by multiplying 4.60% (current highest yield available in Smart Treasury) by $6,000 (the hypothetical investment amount) for a total hypothetical gross yield earning of $276. After applying the 0.20% advisory fee to the $276 earning + $6,000 initial investment, this hypothetical client would net approximately $263.45 in yield - higher than the annual membership fee of $250. The calculation is gross of any applicable taxes, and does not account for potential compounding. Membership fees are $250/year if paid upfront or $25/month if paid monthly, which would require a higher breakeven point than $6K. Certain money market funds within Smart Treasury have minimum investment requirements of up to $3,000. Investors with balances below these minimums may experience lower yields. Yields fluctuate over time and are not a forecast or guarantee of future earnings. This calculation is for informational purposes only and not a guarantee of earnings. All investments involve risks, including potential loss of principal. Nothing in this content should be construed as personal investment advice. Investments in Smart Treasury are not deposits and are not FDIC-insured like savings accounts. View Smart Treasury risks & disclosures at titan.com/smart-treasury-disclosures. Access to certain membership perks, such as the MSG suite, is subject to eligibility, availability, location, and terms apply. The mention of Goldman Sachs does not imply affiliation, endorsement, or guarantee of specific outcomes. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. This content is for informational purposes only and is not intended to be specific investment advice, tax advice, or a recommendation to buy or sell securities.