Chris Dunn: Growing Your First $1k To Investing In Hedge Funds (WTM ep: 029)
This was a rough week for the crypto space as governments are cracking down on unregulated exchanges, tax evasion, and ICO pumpers…
Also, the stock market is sitting in the calm before the coming storm.
This week we take a look at how to go from investing your first $1k to becoming an accredited investor that can get access to the best hedge funds.
In this episode, you’ll learn:
0:00 The boys are running the show today
0:45 Why the stock market is waiting for two key events
1:52 Regulators are hammering unregulated crypto exchanges
4:11 Why the Defi index is down over 50% this month
10:20 John McAfee arrested for tax evasion & pumping ICO's
12:49 Uncertainty In The Global Macro Situation & Employment
16:45 The sweet spot time frame for accurate predictions
20:52 How Chris uses macro analysis as a bull case for bitcoin
21:46 How would you invest your first $1,000 in crypto?
23:17 How would you invest your first $1,000 in stocks?
24:37 The big question to ask early in your investing journey
26:52 How can someone invest in hedge funds?
29:38 What are the different categories of hedge funds?
34:41 How to invest even if you're not an "accredited investor"
37:15 Why Chris & Travis bought a Peloton
39:09 Looking at Peloton's stock & Nikki's trade
39:50 Analyzing the fitness-from-home trend & Peloton's business model
43:45 Final chart review, market correlations, and 30-day expectations
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Connect with Nikki:
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Connect with Travis:
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Disclaimers:
- I'm not a financial advisor, attorney, or tax professional, and nothing I say is meant to be a recommendation to buy or sell any financial instrument. Do your own due diligence, and take 100% responsibility for your financial decisions.
- I will NEVER ask you to send me money to trade for you, directly buy or sell cryptocurrencies from you, or pump a specific market. Please report any suspicious emails or fake social media profiles claiming to be me. See this blog post for more info: https://chrisdunn.com/impersonators
- Trading and investing are risky! Don't invest money you can't afford to lose, because many traders and investors lose money. There are no guarantees or certainties in trading.
- My videos may contain affiliate links to products I believe will add value to your life.
- Read the full disclaimer here: https://chrisdunn.com/disclosure/
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