You’ve been lied to. The answer was in you the whole time.
Just like in The Wiz, I’m going to give you a peek behind the curtain and show you that the answer was in you the whole time.
The US economy moves by YOU!
It moves by what you chose to purchase. It’s called consumer spending. From houses to hotdogs, what you purchase is how the US economy moves.
If you’re looking for the next hot stock, what are the consumer items that you know are about to be popular because you and your friends are into it?
This is the design inspiration plan for Ralph Lauren (stock symbol: RL )- as told by Steve Stout in his genius book on marketing, The Tanning of America.
But instead of having the culture appropriated, packaged, then sold back to you, cast your net and capture some of that value for yourself!
Buy stock in what you know.
Buy stock in what you know will be hot.
Sell when you know it’s not.
The answer is YOU! And that’s why the answer was in you the whole time.
-Monk
- Personal Finance is a game. But if you haven’t realized this yet, then you’re the one getting played.
2. Because, you’re playing this game already but someone else is profiting (off of you).
3. Your Financial Literacy is the pathway to your Financial Freedom
So, to the youth, young adults, and the mothers who raise them, Financial Literacy: Monk Says… Learn the Game