The Capitalist Investor - Episode 355

Identity theft is rising, Bitcoin is swinging wildly, and many new investors have never experienced a true market downturn.

In this episode, Tony and Derek start with a practical public service announcement on protecting yourself from account hacking and financial fraud, including why changing passwords, freezing credit, and using identity monitoring services matters. They then break down recent volatility in gold, silver, and Bitcoin, including the surprising “McRib indicator,” technical chart patterns, and why timing matters more than headlines.

The conversation wraps with a real-world look at today’s new investors, instant gratification versus long-term strategy, and why having a plan, taking profits, and setting limits is critical when markets move fast.

If you want grounded perspective on protecting your finances and navigating volatile markets, this episode delivers straightforward insight without hype.

Chapters:

00:00 Identity theft and account hacking warning
01:02 Real examples of email and bank account fraud
03:10 Why you should change passwords and freeze your credit
04:59 How scammers actually steal money
06:24 Gold and silver volatility recap
07:35 Fed chair update and rate concerns
08:18 Bitcoin, technical charts, and the McRib connection
11:44 Bitcoin psychology and long-term ownership
13:35 Gold and silver behaving like crypto
14:19 Are new investors ready for market swings
16:18 Strategy, sell limits, and avoiding panic
18:05 Long-term investing vs instant gratification
20:20 Final thoughts and market safeguards

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Keep Listening to The Capitalist Investor:
Episode 1:
Capitalism vs Socialism
Episode 3:
Impact of a Bernie Sanders Presidency
Episode 4:
Coronavirus, Pandemics, and Your Money
Episode 2:
Is the Stock Market Overvalued?
Episode 5:
What We Consider A Smart Investment Strategy, Ep #5
Episode 6:
Why Investing In IPOs Is Not A Good Idea, Ep #6
Episode 7:
How a Joe Biden Presidency Will Impact Your Portfolio, Ep #7
Episode 11:
The Student Loan Problem: Is Capitalism to Blame? Ep #11