Investing, Apple -- March 1, 2024

Locator: 46634INV. 

Before we get started: WTI is only 19 cents from $80. 

Now back to regular programming.

Yesterday at monthly meeting with broker. Broker, not financial advisor. Not RIA. Big distinctions. Whatever.

Most interesting bit of trivia.

Financial advisors recommend folks keep six months to maybe as far out, 18 months, of cash on hand for living expenses. 

Some very, very conservative financial advisors will even go out as far as three years of cash on hand for living expenses.

But crowd-sourcing at a major discount broker reveals upwards of 30% of their "investors" hold "decades 'worth" of cash on hand. That just blew me away. It was not clear whether this was a new phenomenon due to fact that MMFs were now paying 5% but regardless, I was blown away by that factoid. It's hard to remember that MMFs were paying 0.05% for twenty years (some hyperbole there, but one gets the point).

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GDP Now 

Wow, a huge drop which was sort of expected after seeing the economic numbers yesterday: 2.1.

Was 3.0 yesterday, February 29, 2024.

Should be a concern for JPow.

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Apple Struggling

No recommendation. I find it fascinating.

I keep coming back to this page.

Chips, semiconductor: link here.

• Home page for tech: link here.
• The cloud: link here.  
• Streaming: link here. Streaming wars.
• Spatial computing: link here.
• Generative AI: link here. 
• Apple Silicon: link here.
• Supercomputers: link here.

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Word For The Day: Translation
Second Meaning

Usually associated the Catholic church. 

Example: link here, the translation of the body of St Mark.

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