J. Patrick Nichols

Digesting The Federal Reserve's 2021 Tapering Plans

J. Patrick Nichols

For those that didn't know, the Federal Reserve has been purchasing approximately $120 Billion per month in assets to stimulate the economy. The markets are all about supply and demand, so any changes to this constant in-flow is something to pay attention to. Multiple Federal Reserve officials have eluded to

Wisdom, Investments

How Diversification Affects Your Portfolio

J. Patrick Nichols

Have you ever heard a success guru (or two) say something like: "The more opportunity you have, the higher your odds of success are." This "more the merrier" mentality seems logical, especially since it maps to one of the most prevalent investment concepts in existence; diversification. Diversification as an investment

Stocks

Palantir: Pundits are not seeing the full picture

J. Patrick Nichols

Palantir had been selling off for a while, and negativity was rising about the company's prospects. There are several articles right now citing Palantir's heavy government revenue concentration, stating that's a negative thing. Why is that negative? Most of these pundits do not understand how government purchasing REALLY works. Agencies

Wealth, Wisdom

The Abundance Mentality for the Risk Adverse

J. Patrick Nichols

Question from a Wealth Club member: How do you develop the "abundance" mentality if you tend to be more risk averse? Answer: The first thing to do is to distinguish abundance from risk; because abundance is there whether you take any risk or not. I think risk aversion has a

Digesting The Federal Reserve's 2021 Tapering Plans

June 07, 2021 - 2 min read

How Diversification Affects Your Portfolio

May 28, 2021 - 3 min read

Zilos Capital Shares Crypto Portfolio

If you're curious about crypto, which coins are promising, or my firms' real results, it's your lucky day. This morning I pulled the trigger on sharing my PE fund's FULL crypto portfolio, along with sentiment on eleven separate coins my firm and I believes are promising. Enjoy! Eleven Cryptocurrencies to

May 17, 2021 - 1 min read

Palantir: Pundits are not seeing the full picture

May 11, 2021 - 1 min read

What Does it Mean to Be Wealthy?

Question from a Wealth Club member: What does it mean to be wealthy? Answer: Wealth is a quantitative measurement. Traditionally, this term was only used with respect to finance; but thankfully this has changed. You can be financially wealthy but spiritually poor. In my opinion, the two greatest two forms

March 02, 2021 - 1 min read

What is Required to Become Wealthy?

Question from a Wealth Club member: What does it take to be financially wealthy? Answer: Even though many are irritated to hear this, there are actually several paths to wealth - and we do live in abundant world. You can find someone (or several) in nearly every profession that is

February 24, 2021 - 1 min read

A Quick Stock Valuation Analysis

Recently, a Wealth Club member inquired about how to determine whether a stock's valuation is palpable or not. Obviously, there are tons of different ways to look at valuations - and entire books have been written on the topic. But, one common method (and thankfully one that doesn't require 80,

February 18, 2021 - 2 min read

Getting Started with Wealth Late in Life

Question from a Wealth Club member: Is it ever too late to become wealthy? Answer: The short answer to this is...as long as you're still alive and well, then it's NEVER too late to become wealthy. Now, it's important to keep in mind that it doesn't necessarily get easier

February 17, 2021 - 1 min read

Self-Employment and Wealth

Question from a Wealth Club member: Is self employment considered a "good" way to get wealthy? Answer: This is somewhat of a controversial topic. Many people have thought for decades that the surefire path to wealth is through entrepreneurship, however.... The data doesn't necessarily support that. 85% of those self-employed

February 10, 2021 - 1 min read