The New #2 Company In The USA

In partnership with

Happy Friday! In today’s email:

  • The New #2 Company In The USA

  • Cathie Wood & Ark Invest vs Nvidia

  • Bitcoin ETFs Have 2nd Best Day In History

  • Reminder: Upgrade your subscription to unlock the full length weekly newsletter which includes: my ETF portfolio, more market commentary and Weekly Q&A’s below

  • And more…

The New #2 Company In The USA

We have some movement in the top companies in the USA. As of June 6th, Nvidia (NVDA) has overtaken Apple to become the second largest company in the USA. This has come after a crazy run for NVDA so far in 2024.

At the beginning of 2024, Nvidia was sitting at a $1.19 trillion market cap. Now, just 6 months later, over $3 trillion. Note: As I finalize this email before sending out, Nvidia has dropped back to the 3rd largest company by market cap. If you want to follow the changes, you can do so here.

What is the takeaway? Nvidia has had a great run these past few years. But does that mean it will keep going up? No clue. But it does bring up some interesting conversations, like the post below:

So what do you think?

Is Nvidia overvalued or Apple undervalued?

Login or Subscribe to participate in polls.

Whiskey: A Hedge Against Market Volatility

Looking to protect your portfolio from the next recession?

Consider investing in rare spirits like whiskey.

Whiskey investing provides a proven hedge against stock market dips driven by inflation and other factors.

With Vinovest, you can invest in high-growth segments such as American Single Malt, emerging Scotch, Bourbon, and Irish whiskey. Thanks to established industry relationships, Vinovest overcomes industry barriers that have made historically whiskey investing expensive and opaque. As a result, you can enjoy high-quality inventory that boosts your portfolio value and enhances liquidity.

Cathie Wood & Ark Invest vs. Nvidia

What is the takeaway? Individual stock picking is tough, even for those fund managers. Ark Invest held nearly $1.4 million shares of Nvidia but has slowly been decreasing its ownership, all while Nvidia has pretty much only gone up.

For reference, here is the 5-year chart of the ARKK ETF. Not great.

Bitcoin ETFs Have 2nd Best Day In History

What is the takeaway? Bitcoin ETFs have seen some records (more below on a HUGE record a bitcoin ETF broke) but on June 4th, Bitcoin ETFs collectively had their 2nd largest day in terms of inflows of $880 million IN ONE DAY.

That’s it for the free newsletter!

Below is the full upgraded version of the weekly newsletter which includes:

  • Revealing my buys this week

  • More financial graphs & market commentary

    • Robinhood to buy a new crypto company

    • A new ETF is the fastest to $20B in AUM (took just 137 days!)

    • Penny stock trading is back?

  • Responding to these questions:

    1) Should you invest your down payment money?

    2) What is the purpose of a taxable investment account?

If you can see my portfolio update below, that means you are a premium subscriber.

There are currently 67 spots left in the current price of the newsletter. Currently only $5/month! Once those fill up, I am increasing the price.

*PLEASE NOTE: If you join today (or whenever you join), you will be permanently locked in at that rate and will be forever sheltered from all future price increases.

My Weekly Portfolio Update, More Financial Graphs About The Market & Answering Premium Subscribers Questions:

Subscribe to Decade Investor Weekly Premium to read the rest.

Become a paying subscriber of Decade Investor Weekly Premium to get access to this post and other subscriber-only content.

Already a paying subscriber? Sign In.

Reply

or to participate.