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Apple & Amazon Earnings, Delaying Instant Gratification & Should You Invest When The Hype Is Gone? | Wealth Wednesday
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Welcome to a new weekly series we are launching on the Latin Wealth platform, Wealth Wednesday! On Wealth Wednesday, we will be discussing trending news, Latino culture and topics surrounding business, host by @chrisbelloso and @ricoramirez86.
On today's episode we discussed:
The power of delayed gratification
- Examples of instant gratification
- Impulse shopping
- Scrolling through social media
- Drinking alcohol
- Skipping a workout
- Procrastinating
Quarterly reports from Apple (AAPL) and Amazon (AMZN) headline the week's earnings reports
Some of the well known companies reporting earnings this week:
- Starbucks, Uber, PayPal, Amazon, Apple
- Big expectations from Amazon and Apple
- As always Apple will be leaning on sales of IPhone but also the announcement of the new VR headset
- While the July jobs report is set for release on Friday morning.
What should you do when the hype is gone AND things are dipping?
- For example
- XRP has seen a dip: currently sitting at .70 which is not bad
- But the dust seems to be settling a bit
- Threads app usage is DOWN
- I’ve seen 40% dip and I’ve also seen 80%
- It’s interesting to see who is reporting these numbers
- A very popular investing strategy is “buy the dip”
- Don’t necessarily agree with that
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Email for questions or inquiries: latinwealthpodcast@gmail.com
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