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DIVERSIFY INCOME

All podcast episode summaries matching DIVERSIFY INCOME โ€” aggregated across every podcast we track.

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Quotes & Clips tagged DIVERSIFY INCOME

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Mid-80s is the buying zone for gold miners

โ€œThe GDX hit the lowest level today since early January. So even with this large pullback, it's actually still up on the year. And it's approaching levels where you saw the peak back in October... Mid-80s is where you wanna pick up GDX or the subsequent miners within it, if you feel you need to up your position in precious metals.โ€

โ€” Luke Guerrero

Bitcoin exhibits bearish momentum after failing resistance

โ€œI've been saying this for better part of six months now that Bitcoin was losing momentum and its chart was starting to look a bit bearish, especially when it couldn't break out above the 120, 125 range. It hit that range a few times and just died rather quickly. And when you see that happening, I've looked at charts for 25-plus years now.โ€

โ€” Luke Guerrero

Roll tax-deferred accounts into traditional IRAs first

โ€œThe better course of action for the vast majority of people is to roll that old 403B or 401K into a traditional IRA. No tax consequences, opens you up to as many investment options pretty much as you want. And then at a future date, then you could roll it over into a Roth IRA, typically in the time between retiring and taking social security.โ€

โ€” Luke Guerrero

Consistency and thick skin drive massive social media success

โ€œI think it was a lot of consistency. Another thing that I've noticed, like being around a lot of other girls in the industry is, I don't really care like what gets put out there about me because I have thick skin. Obviously, people are going to say what they want to say, and they're going to believe what they want to believe because they hear certain things.โ€

โ€” Sophie Rain

Sophie Rain earned $100 million on OnlyFans

โ€œThe last time I checked, of all time... Last time I checked, it was 100 million. I'm going to show you guys here in person that it is real. This has been just like a big thing that everyone's arguing online about, that it's fake and everything. I'm going to show you guys here in person that it is real.โ€

โ€” Sophie Rain

OnlyFans functions as a versatile subscription-based business model

โ€œIt's just a subscription page. So I know people who like, who have cooking channels on there, and they sell their recipes. And I think that's the great thing about it. You can do whatever you want on there and make a living off of it. And it's just the new digital world nowadays.โ€

โ€” Sophie Rain

Supply risks threaten Middle Eastern fertilizer production

โ€œThe components that are making up fertilizer, a lot of that comes from the Middle East and passes through the Strait of Hormuz. I have heard stories, been talking to people, farmers who are already worried about the cost of fertilizer. And it's not just a cost thing; at a certain point, it becomes less about how much you have to pay, and if you'll be able to pay at all.โ€

โ€” Luke Guerrero

Preferred stocks act as supplemental income tools

โ€œMany issues are callable, meaning companies can redeem them if rates fall, forcing investors to reinvest at lower yields. Then you got to worry about credit, you got to worry about sector concentration. They work best as more of a supplemental income tool, not really a core holding. It's ideal for those investors who are seeking yield while taking a moderate risk.โ€

โ€” Luke Guerrero

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