9 Minute Read

Tackle Today: A Pay Raise

November 3, 2021

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≈ SSA to the rescue!


Inflation pressures continue to threaten the standard of living of retirees. To help combat the inevitable decline of purchasing power, the Social Security Administration (SSA) announced a 5.9% bump in social security payments for 2022. Long-time recipients will tell you that such a significant increase is highly atypical. In fact, this is the largest “pay raise” in almost 30 years. You have to go back to 1982 to find a higher lift in payments (7.4%).

I hate to rain on the parade of those excited about the higher paydays to come, but remember that these increases aren’t meant to elevate retirees’ standard of living. They’re simply meant to maintain it. If your costs increase 5.9% at the same time your income rises 5.9%, then there’s no real change in your situation.

If you want to build wealth (that is, increase your net worth and income in real dollar terms), then you need an asset whose rate of return grows well beyond the pace of inflation. Tomorrow’s message will divulge just such an investment whose cash return is forecasted to rise nearly 20% over the next three years.


Chart of the Day: The History of Social Security COLA

Viewing inflation through the lens of social security payments offers some fascinating insights.

Video of the day: The Queen’s Court – How to match your market bias to your trading portfolio

In this week’s Queen’s Court, Coach Emily explains how she uses top-down analysis to match her market bias to her trading portfolio.

Today’s line up

Traders Lounge 11 PM EST

Join the coaches in this live lounge, ask questions, discuss ideas or just sit back and listen to veteran traders discuss market conditions.

The Coaches Show Replay

If you missed last night’s episode where Coaches Greg Holmes and Mark Justice talked about the Poor Boy’s Covered Call or would like to watch it again, check it out here.

Halftime Report 12:30 PM EST

The Halftime Report starts at 12:30 EST and covers what news is driving the market, chart analysis from the movers and shakers of the day, and fun in a way that only Matt and Tim can deliver.

Trading Justice Podcast

Trading Justice Podcast Episode 449: Bitcoin Proxies

In this episode, Coach Mark sits down with Matt to discuss Bitcoin proxies in the markets. Bitcoin proxies are the trading vehicles that are a substitute for trading Bitcoin directly, like ETF’s, mining stocks, crypto exchanges and individual companies that are correlated to Bitcoin. Mark explains some of those different ways you can trade Bitcoin via proxies as well as some of his favorites. Listen to the episode in the player below:

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Financial freedom is a journey

Sign up now and gain unfettered access to all of the quality content and powerful Scouting Reports that our Pro Members enjoy for 15-days absolutely free with no strings attached and let us show you what your trading has been missing.

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