Nick Hodge,
Publisher
Sept. 18, 2024
Follow me as I navigate these changing markets…
(see all my personal portfolio allocations risk-free)
You should be managing your own long-term capital and finances.
I can show you how.
If you’re already doing it, I can show you how to improve how you think about the markets and likely your performance as well.
My name is Nick Hodge. I’ve been managing and growing my own wealth since my early 20s with no capital headstart given. I’m now in my 40s with a family of five, and I co-own a financial publishing company that offers services to help you invest based on your risk appetite, portfolio size, interests, and goals.
This is an introduction to Foundational Profits, which is a monthly letter where I show you how I’m managing my retirement-grade capital, mostly via ETFs and large-cap stocks. You get to see how much I own of each position, when I buy it, and when I sell.
September is a great month to get acquainted with the service, because the tech sector has now rolled over and new sectors are leading the S&P.
It's now being driven by rate-sensitive sectors like real estate investment trusts and utilities.
And that's because we're now in a softer rate environment. The two-year yield has come down precipitously over the past couple of months. Same with the ten-year yield.
The former is coming down because we expect rate cuts this month and into the fall. The latter is coming down because we expect a slowing of economic growth in the US.
We also take 75% profits on a REIT position, and roll those funds over into two new positions.
When I say “we,” I mean the thousands of investors that are following my monthly moves in Foundational Profits to manage their own wealth, steer their retirement portfolios, and help make timing and sizing decisions about long-term capital allocation.
Click here to read the Septemebr Issue.
Call it like you see it,
Nick Hodge
Publisher, Daily Profit Cycle