Together with Public
Happy Thursday,
As a reminder, the markets are closed today in observance of Juneteeth — marking the day in 1865 when news of the Emancipation Proclamation reached Galveston, Texas, freeing the last enslaved people in the Confederacy.
Quick shoutout to the 14 people who are currently in the middle of their 7-day FREE trial of the Rich Habits Network! Remember, you can trial the Rich Habits Network completely for free for seven days — giving you the chance to watch over 8 hours of video course work, our weekly 2-hour livestreams, and review some recent investment opportunities.
We recently had over $571K invested alongside Robert and myself into a company that’s planning to IPO in 18-24 months. We’re excited to unlock this asset class to the masses!
A quick breakdown — in case you don’t have the time.
⭐ Geopolitical shocks to the stock market are short-lived.
⭐ We shared four ways to build wealth without obsessing over money.
⭐ Silver is “breaking out” in relation to Gold.
⭐ The S&P 500 and Nasdaq-100’s 200-day MAs are sloping upward.
⭐ Stablecoin legislation scored a win in Congress via the GENIUS Act.
Market Overview
As of market close, 06/18/2025 (market is closed on Juneteenth)
Chart of the Week
Geopolitical shocks to the stock market are short-lived.
The recent tragedy taking place between Israel and Iran brings the playbook for geopolitical shocks into focus. Historically, these shocks entail sharp selloffs — but also surprisingly quick recoveries. In the past, the market has often rallied back from the initial geopolitical shock without any clear signs of a de-escalation (something we’re all praying for).
The historical pattern is for the S&P 500 to pull back about 3-6% in a few weeks time, then rally all the way back over the subsequent weeks. Two recent examples that followed this patterns in textbook fashion were the Russia attack on Ukraine in early-2022 and the Hamas attack on Israel in October 2023.
We’re very much in the thick of that now — the S&P 500 is down roughly -1% since Friday morning. With that being said, history tells us the economic backdrop has always dominated in the end — and good news for us investors is the economy is trending in the right direction with the Atlanta Fed signaling for +3.4% GDP growth in Q2.
We preach this phrase every week — when in doubt, zoom out. Countless times throughout history we’ve experienced dramatic sell-offs — only for the markets to (eventually) recover.
Continue to dollar cost average into the index funds and ETFs we talk about and you’ll be just fine!
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.
With Public, you can:
Build a diversified portfolio and invest in almost everything–stocks, options, bonds, crypto and more.
Generate fixed income with a suite of yield accounts, such as their Bond Account earning a 7.06%+ yield*.
Get AI-powered insights–with Alpha, you can ask questions about any stock. Alpha won’t just tell you a stock is moving; it will tell you WHY it’s moving.
When you transfer your existing portfolio over to Public, you can earn up to a $10,000* bonus.
In Case You Missed It…
In this week’s Monday-morning episode of the Rich Habits Podcast (linked here) — Austin and Robert shared the blueprint for building wealth WITHOUT obsessing over money.
Most people believe wealthy individuals obsess about money or are some sort of money genius. In actuality, there’s several ways to win with money without it taking over your everyday life — here are a few…
Live Below Your Means — It’s the cornerstone of every other financial strategy. If you’re consistently spending more than you earn, no investment strategy can save you. Austin and Robert emphasized the importance of tracking your spending, staying under budget, and saving at least 15% of income. Mastering this habit first unlocks everything else.
Invest Early and Diversify — The longer your money is in the market, the harder compound interest works for you. They walked through why starting early — even with small amounts — matters more than picking the “perfect” investment. Begin with index funds like VOO, QQQ, or SPYI — then diversify into real estate, metals, crypto, or small businesses.
Automate Your Finances — Set it and forget it. Automating bills, savings, and investments removes emotion and ensures consistency. Austin highlighted how tools like Public’s Investment Plans make it effortless, and even shared tips like setting up auto-pay to unlock small, hidden savings (like $60/year from AT&T).
Limit Financial Noise — Constantly refreshing CNBC or X won’t make you richer. In fact, it might do the opposite. Robert shared how knee-jerk reactions to market headlines often lead to poor decisions. Stay informed, but don’t get swept up in fear or hype — especially if you’re investing for the long haul.
Cultivate Contentment — One of the richest habits of all? Gratitude. Austin got personal about how letting go of comparison and focusing on relationships, family time, and purpose helped reframe how he sees money. As he put it: “Money only solves money problems.” The real wealth is knowing what “enough” looks like.
Becoming wealthy is easier than you think. Don’t let money become your identity, but instead a tool to live the life you want.
Click here to listen to the full episode. It’s a must-listen if you’re still trying to figure out how to have a healthy relationship with money.
Here’s a link to the Q&A episode that was posted this morning.
We answered questions from: Vinh, Lesley, Edwin, Jim, Randall, Parker, Ben, and Jenni.
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
Silver is “breaking out” in relation to Gold.
After you build your base of $100K, we encourage people to begin diversifying their investments across different asset classes — this means real estate, cryptocurrency, and precious metals.
Over the last few years, precious metals like Gold and Silver have performed exceptionally well (GLD up +105% and SLV up +98% since late-2022 lows).
With that being said, Silver has always sort of “lagged” behind Gold — but not as of late! Silver is now breaking out in relation to Gold — up +25% since April 8th compared to Gold’s +14%. Does this mean Silver will outperform Gold in 2025? It’s anyone’s guess.
However, the precious metal is up +23% YTD compared to Gold’s +27% return during the same period of time. One thing is certain — it’s a great time to be invested into this asset class! Especially considering Gold investors now have a monthly income option thanks to NEOS’ Gold High Income ETF (IAUI).
Don’t forget about Platinum (ticker: PLTM).
We hosted Katie Stockton for a private livestream with our Rich Habits Network members on May 1st — during which she called out Platinum as a precious metal we should add to our portfolio.
Since that event, Platinum is up +37% … sheesh!
Don’t miss our next private livestream, join the Rich Habits Network! Want to watch the replay? Here’s the unlisted link on YouTube.
Austin’s Callout
The S&P 500 and Nasdaq-100’s 200-day moving averages are sloping upward.
After one of the sharpest rebounds in modern market history, the S&P 500 and Nasdaq-100 are both looking increasingly bullish — not just in price, but in structure. Only five other times since 1950 have stocks been up more than +20% in such a short period of time — and in every single of those cases, the market continued higher.
There’s no guarantee that history repeats itself, but it’s certainly setting a strong precedent!
Additionally, we’re seeing broad market participation. All 11 sectors of the S&P 500 are now trading above their 50-day moving averages. That’s a very healthy sign! When defensive sectors like utilities and consumer staples are rallying alongside technology, financials, and industrials — it tells me this is more than just a short-covering bounce in the markets.
It’s a sign that a new uptrend may be forming — and you can see that visually as well. The S&P 500 and Nasdaq-100’s 200-day moving averages are beginning to slope upward again.
Remember, nothing good happens below the 200-day moving average. We immediately shared with you all when this was taking place earlier this year… causing a -13.6% crash in the indices sooner after.
With the being said, the opposite is beginning to take place. Not only are these indices back above their respective 200-day moving averages, but the moving averages are beginning to slope in the upward direction again.
I’m sure we’ll continue to see volatility, but this is a wonderful sign for bulls.
The Rich Habits Radar
👉 OpenAI & the U.S. military signed a $200M deal for national security AI.
👉 Stablecoin legislation scored a win in Congress via the GENIUS Act.
👉 Consumer spending dropped sharply in May.
👉 Jabil posted strong earnings, powered by growth in cloud and AI segments.
👉 Lennar leaned on tech to navigate a tough housing market.
👉 The Lakers to be sold at a record $10B valuation.
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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 7.06% yield is the average, annualized yield to worst (YTW) across all ten bonds in the Bond Account, before fees, as of 6/19/2025. 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.
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