How to invest like a millionaire: A guide | JNJ Associates LLC posted on the topic | LinkedIn (2024)

Family time.

Some art.

Weekly MovementU.S. IndicesDow -0.5% to 38,589. S&P 500 +1.6% to 5,432. Nasdaq +3.2% to 17,689. Russell 2000 -1.1% to 2,004. CBOE Volatility Index +3.6% to 12.66. S&P 500 SectorsConsumer Staples -1.2%. Utilities -0.1%. Financials -2%. Telecom +0.9%. Healthcare -0.4%. Industrials -1%. Information Technology +6.4%. Materials -0.9%. Energy -2.3%. Consumer Discretionary +0.3%. Real Estate +1.2%. World IndicesLondon -1.2% to 8,147. France -6.2% to 7,503. Germany -2.9% to 18,020. Japan +0.4% to 38,855. China -0.6% to 3,033. Hong Kong -2.3% to 17,942. India +0.4% to 76,993. Commodities and BondsCrude Oil WTI +3.9% to $78.49/bbl. Gold +1% to $2,348.4/oz. Natural Gas -1.1% to 2.886. Ten-Year Bond Yield -0.2 bps to 4.221. Forex and CryptosEUR/USD -0.91%. USD/JPY +0.43%. GBP/USD -0.28%. Bitcoin -4.5%. Litecoin -1.9%. Ethereum -4.2%. XRP -3%. Top S&P 500 GainersBroadcom (AVGO) +23%. Skyworks Solutions (SWKS) +15%. Qorvo (QRVO) +13%. Adobe (ADBE) +13%. Arista Networks (ANET) +11%. Top S&P 500 LosersParamount Global (PARA) -15%. Aptiv PLC (APTV) -14%. Warner Bros. Discovery (WBD) -12%. Albemarle (ALB) -10%. PayPal Holdings (PYPL) -10%.

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Friday Trivia! Answer: Old Dominion Freight Line (Market cap: $37.39B)

Friday Trivia!There are thousands of companies valued at $1B+. How many clues do you need to identify today’s billion-dollar brand?Clue 1: If you’ve ever taken a road trip in America, you’ve likely shared asphalt with this leading LTL logistics company. We knew all along that LTL (less than truckload) shipping moves cargo weighing between 150 and 15k pounds that doesn’t require a full trailer, but thought you’d appreciate the reminder.Clue 2: The EPA recognized this logistics company for being conscious of its environmental impact and energy efficiency. In addition to being “green,” many of this company’s 11k+ trucks are literally green.Clue 3: This company started in 1934 with just a single vehicle traveling between two Virginia cities (Richmond and Norfolk), but despite that history — and despite its name — its current HQ is in Thomasville, North Carolina.

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Today's MarketsIn Asia, Japan +0.2%. Hong Kong -0.9%. China +0.1%. India +0.2%.In Europe, at midday, London -0.5%. Paris -2.5%. Frankfurt -1.4%.Futures at 7:00, Dow -0.8%. S&P -0.5%. Nasdaq -0.2%. Crude +0.1% to $78.70. Gold +1.3% to $2,347.10. Bitcoin -1.5% to $66,814.Ten-year Treasury Yield -3 bps to 4.22%.Today's Economic Calendar8:30 Import/Export Prices10:00 Consumer Sentiment1:00 PM Baker Hughes Rig Count2:00 PM Fed’s Goolsbee Speech7:00 PM Fed’s Cook Speech Other happening...Tesla (TSLA) shareholders approve Musk's pay package, Texas move.Producer price index unexpectedly falls in May; core measure stalls.U.S. government to recalculate Medicare Advantage quality ratings.Bank of Japan maintains rates, signals plan to reduce bond buying.Wells Fargo (WFC) fires over a dozen for simulating keyboard activity.Adobe (ADBE) soars on better-than-expected results, strong outlook.Sony (SONY) still 'hanging around the hoop' for Paramount's parent.OPEC rips 'unrealistic' and 'dangerous' peak oil demand prediction.G7 summit: Ukraine loan deal reached, Pope Francis to talk AI.FDA recommends KP.2 strain be used in updated COVID shots.

Self-Made Millionaire: Here Are the 5 Most Expensive Lessons I’ve LearnedIf you’re aiming to achieve the status of a self-made millionaire, it’s helpful to learn from the mistakes of those who have walked the path before you.To help, here are insights from two self-made millionaires about the challenges they’ve faced in their journeys to becomingwealthyentrepreneurs and the expensive lessons they learned.1. Lesson: Stick To Your Core Competencies2. Lesson: Always Prioritize Cashflow Management3. Lesson: Trust Your Team and Delegate Responsibilities4. Lesson: Hire the Right People for Key Positions5. Lesson: Invest in the Right Technology From the Start

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