Adam Taggart's Thoughtful Money®

1 month ago | adamtaggart.substack.com | Adam Taggart

How to reduce your odds of being laid offHow to prepare for a layoffEssential steps to take during the layoff processPost-layoff success strategiesWhether or not you perceive your job to be in imminent jeopardy, there’s a series of sensible steps to take now to defend yourself against becoming the victim of a layoff. These steps will not only reduce your risk of being let go, but they’ll boost your performance, the value you offer an employer, and increase your satisfaction with your career.

1 month ago | adamtaggart.substack.com | Adam Taggart

This week’s installment of our popular MacroPass™ service for premium members of this Substack comes from veteran government budget-cutter and financier David Stockman, who was featured in Sunday’s interview. David, who understands government spending better than most people alive, is alarmed at just *how* out-of-control the deficit is right now — even as the DOGE team tries to slow it. In his eyes, the first five months of FY 2025 are “an outright budgetary abomination”.

1 month ago | adamtaggart.substack.com | Adam Taggart

Ever since gold & silver broke out of their longtime price channels in 2024, I’ve been receiving a surge in requests to demystify the purchasing process for folks who wanted to start building a position. I’m always surprised by how few people understand the options for buying precious metals. Even the very affluent. But it seems the precious metals industry does a bad job of educating the curious buyer. Probably because each player has a bias towards their particular slice of the solution set.

2 months ago | adamtaggart.substack.com | Adam Taggart

An hour ago, the Federal Reserve Open Market Committee released the outcome of its meeting this week, putting rate cuts on pause as expected. And just a few minutes ago, Fed Chair Jerome Powell just wrapped up his press conference related to this release. The market’s reaction (so far) has been muted. My bullet-point notes to Powell’s conference are below.

Nov 15, 2024 | adamtaggart.substack.com | Adam Taggart

At the end of every year, there’s a list of prudent steps to consider that can make a big positive difference to your financial prospects — but only if you take them before January 1st arrives. If 2024 was a good year to your portfolio, don’t fumble your success right at the goal line by failing to take the right measures. Or if your wealth goals didn’t go according to plan this year, then do everything you can to increase the odds for a better performance in 2025.