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Stocks Decline On Tuesday, 🔥 Real Estate Market, Bitcoin Remains Strong 💪

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financialmaverick.com

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financialmaverick@financialmaverick.com

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Wed, May 24, 2023 01:28 AM

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- are you sharing your password with others? ?

- are you sharing your password with others?                                                                                                                                                                                                                                                                                                                                                                                                                 May 23, 2023 | [Read Online]( Newsletter Partnership Check this out: - Trend Tracker - Up To Date News and Trends On The Stock Market 📈 - Hot or Not? - All Your Real Estate Needs 🏠- Crypto Chronicles - Basically the Avengers of Crypto! How Cool Is That? 🦸‍♂️ - Money Moves - Who doesn’t wanting to be making money moves? Latest on your Personal Finance. 📈 Trend Tracker ⬇️ [US stocks experienced a decline on Tuesday]( as worries grew over the unresolved debt-ceiling debate in Washington. The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite all closed lower, with losses ranging from 0.69% to over 1.26%. 🔒 [Netflix has expanded its crackdown on password]( sharing to over 100 countries, including the United States. Users are being alerted that sharing accounts for free outside of their households is not allowed. Netflix offers the option to add a member for an additional fee of $8 per month. 🤖 [Tesla CEO Elon Musk reiterated his concerns about artificial intelligence]( (AI) at the Wall Street Journal's CEO Summit, warning of the potential dangers. He expressed worry that advanced AI could impede or even eradicate human progress, particularly due to an "un-benign" scenario stemming from rapid AI development. In Partnership With Masterworks Microsoft Co-Founder’s $1.5B+ Sale Highlights “Safe Haven” Asset Newsletter Partner Last November, Paul Allen’s historic art collection shattered the record for largest-ever sale in auction history. The fact that the blue-chip art market is still setting records amid major drawdowns in financial markets, and macroeconomic turmoil, highlights why it can be such a strong alternative diversifier. In fact, the high-end art market also remained resilient through downturns like the dot-com bubble and Great Financial Crisis in 2008. But this time around, it’s not just billionaires benefitting. Thanks to Masterworks. This award-winning investment platform allows people to invest in shares of multi-million dollar art by names like Banksy and Picasso. So far, all 11 of Masterworks’ sales have been profitable, the last 3 realizing 10.4%, 35%, and 13.9% net returns respectively. Due to high demand, offerings can sell out in just minutes, but [Newsletter] readers can now skip the waitlist with this referral link. [Click Here]( 🏠Hot or Not? 📈 [Despite high mortgage rates affecting the overall real estate market,]( certain cities, like Concord, NH, are experiencing high demand and quick sales. Concord's proximity to Boston and its tax-friendly environment have contributed to its top ranking 🏠[Professional investors are decreasing their home purchases,](benefiting frustrated homebuyers who struggle to compete with investors' fast, all-cash offers. Investor activity declined as mortgage interest rates surged, but smaller investors have increased their purchases. Affordability is driving market activity, particularly in the South and Midwest regions. Crypto Chronicles 💥 📈 [Litecoin (LTC), a cryptocurrency powering the Litecoin blockchain,]( is currently consolidating around $91, slightly above its 50 and 100-Day Moving Averages. Traders are anticipating the upcoming halving event in 70 days, where the block reward will decrease from 12.5 LTC to 6.25 LTC. This reduction in inflation rate from 3.67% to 1.8% could have a positive impact on LTC's long-term prospects. 📉 [Stocks experienced a decline, but Bitcoin remained stable during Tuesday's]( trading. The cryptocurrency traded at around $27,200, showing a 1.1% increase in the past 24 hours. Bitcoin has been range-bound between $26,500 and $27,500 due to regulatory concerns and macroeconomic uncertainties. Some experts feel the crypto market is stagnating with limited participation. In Partnership With Masterworks Ultra-Wealthy Investors Fall in Love with This App (Here’s Why) Newsletter Partner While financial markets tanked in 2022, one market saw its best performance in 277 years. The blue-chip art market – hauling in nearly $18 billion. Millionaires and billionaires love this market, but now you don’t need to be one to get access. Masterworks is the fintech platform that lets you diversify your portfolio in this currently booming market. Their last three sales in 2022 handed investors 10.4%, 35.0%, and 13.9% net returns respectively. After all, contemporary art prices outpaced the S&P 500 by 131% from 1995-2021 with a near 0 correlation to stocks according to Citi. Thanks to Masterworks, investing in art by Banksy, Picasso, and Basquiat is easier than using ChatGPT to automate your emails. Want in? Offerings can sell out in just minutes, but [Newsletter] Subscribers can get early access by skipping the waitlist to join. [Join Now]( 💸 Money Moves 💰 🤔 [Having an emergency savings fund is crucial for dealing](with unexpected financial challenges such as car repairs, high utility bills, or job loss. It enables you to cover expenses without accumulating debt. Even a modest fund of $250 reduces the risk of eviction or unpaid bills, according to the Urban Institute. 🪜 [CD laddering maximizes returns by diversifying investments]( across different maturity dates. It provides flexibility and higher interest rates by staggered CD investments, ensuring regular access to funds. This strategy optimizes the benefits of CDs while minimizing drawbacks associated with long-term commitments. You got it! Alright, financial mavericks, it's time to wrap up today's discussion. But fear not, we can keep the conversation going like the true money mavericks we are. Share Financial Maverick Calling all Financial Mavericks! To help out a family and friend in need by sharing this newsletter. Tell you what if you ever wanted to be a Hero, Financial Guru, or a Nice Person this is your time! [Click to Share](https:?utm_source=financialmaverick.beehiiv.com&utm_medium=newsletter&utm_campaign=stocks-decline-on-tuesday-real-estate-market-bitcoin-remains-strong) Did today's newsletter hit the spot? 😉 - [Heck Yeah! Money Moves!]( - [Nah! Was More like Financial Dumpster]( DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research. “Net Return" refers to the annualized internal rate of return net of all fees and costs, calculated from the offering closing date to the date the sale is consummated. IRR may not be indicative of Masterworks paintings not yet sold and past performance is not indicative of future results. See important Regulation A disclosures at [masterworks.com/cd](.  [fb]( [tw]( [ig]( Update your email preferences or unsubscribe [here]( © Financial Maverick 19354 Watermark Drive, Suite 202 Cornelius, North Carolina 28031, United States [[beehiiv logo]Powered by beehiiv](

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