How to invest like a millionaire: A guide | JNJ Associates LLC posted on the topic | LinkedIn (2024)

These Fifteen Habits Separate The High-Income Earners From Low-Income Earners:Here are the 15 habits to help double your monthly income:• Wake Up Early: Start the day with an advantage by planning and working on your goals early in the morning.• Understand Assets vs. Liabilities: Focus on acquiring assets thatgenerate incomerather than liabilities that cost money. Turn your earned income into assets.• Expect No Entitlement: Youmust acceptthat you are not entitled to anything and must work for your success.• Be Sociable: Socialize and connect to build a network that can open up opportunities.• Avoid Immediate Results and Magical Thinking: Focus on long-term goals and avoid expecting instant success.• Develop Daily Habits: Create and maintainhabits that contribute to long-term success.• View Money as a Tool: Use money to improve your quality of life rather than see it as the root of all evil.• Increase Earnings, Not Just Reduce Expenses: Focus on generating more income instead of just reducing expenses.• Value Knowledge Over Money: Invest in yourself to increase your value to the market. In the beginning, work to learn, not just to earn.• Make Money Work for You: Invest in opportunities thatgenerate passive incomerather than working solely for money.• Solve Problems for Wealth: Identify and solve significant problems tocreate value and wealth.• Avoid Wasting Time on Non-Marketable Skills: Focus on acquiring skills valued in the job market.• Use Good Debt: Borrow money to invest in assets that generate more income, avoiding debt for liabilities.• Learn from Failures: Embrace failures as learning opportunities and take risks toachieve success.• Surround Yourself withSuccessful People: Network with successful individuals to learn from their experiences and mindset.

• Monday: China industrial production and retail sales (May).• Tuesday: US retail sales (May), US industrial production (May).• Wednesday: Japan trade balance (May), UK inflation (May).• Thursday: China’s central bank one-year loan rate announcement, Bank of England interest rate announcement, eurozone consumer confidence (June). Earnings: Accenture.• Friday: Japan inflation (May), UK retail sales (May), global PMIs (June).Global• The World Bank lifted its global growth forecast for this year.• “Catastrophe bond” issuance reached a record high in the past five months.US• US inflation cooled by more than expected in May.• The Federal Reserve kept interest rates unchanged.Europe• Britain’s economic recovery ground to a halt in April.

Happy Father's day.

The Week AheadJun. 16, 2024 LEN, KBH, ACN, KR, WMT, LZB, CRMT, DRI, KMX, FDS, MAXN, IREN, WKME, ADMA, CBUS, MDB, PATH, CUTR, TRUP, GME, EHGO, KAPA, NNE, SVCO, PAL, QGEN, KROS, BFH, ORA, NVRI, PSTG, EBAYEarnings spotlight: Monday, June 17 - Lennar (LEN) and La-Z-Boy (LZB). See the full earnings calendar.Earnings spotlight: Tuesday, June 18 - KB Home (KBH) and America's Car-Mart (CRMT). See the full earnings calendar.Earnings spotlight: Thursday, June 20 - Accenture (ACN), Kroger (KR), and Darden Restaurants (DRI). See the full earnings calendar.Earnings spotlight: Friday, June 21 - CarMax (KMX) and FactSet (FDS). See the full earnings calendar.

Family time.

Some art.

Weekly MovementU.S. IndicesDow -0.5% to 38,589. S&P 500 +1.6% to 5,432. Nasdaq +3.2% to 17,689. Russell 2000 -1.1% to 2,004. CBOE Volatility Index +3.6% to 12.66. S&P 500 SectorsConsumer Staples -1.2%. Utilities -0.1%. Financials -2%. Telecom +0.9%. Healthcare -0.4%. Industrials -1%. Information Technology +6.4%. Materials -0.9%. Energy -2.3%. Consumer Discretionary +0.3%. Real Estate +1.2%. World IndicesLondon -1.2% to 8,147. France -6.2% to 7,503. Germany -2.9% to 18,020. Japan +0.4% to 38,855. China -0.6% to 3,033. Hong Kong -2.3% to 17,942. India +0.4% to 76,993. Commodities and BondsCrude Oil WTI +3.9% to $78.49/bbl. Gold +1% to $2,348.4/oz. Natural Gas -1.1% to 2.886. Ten-Year Bond Yield -0.2 bps to 4.221. Forex and CryptosEUR/USD -0.91%. USD/JPY +0.43%. GBP/USD -0.28%. Bitcoin -4.5%. Litecoin -1.9%. Ethereum -4.2%. XRP -3%. Top S&P 500 GainersBroadcom (AVGO) +23%. Skyworks Solutions (SWKS) +15%. Qorvo (QRVO) +13%. Adobe (ADBE) +13%. Arista Networks (ANET) +11%. Top S&P 500 LosersParamount Global (PARA) -15%. Aptiv PLC (APTV) -14%. Warner Bros. Discovery (WBD) -12%. Albemarle (ALB) -10%. PayPal Holdings (PYPL) -10%.

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Friday Trivia! Answer: Old Dominion Freight Line (Market cap: $37.39B)