Here's Your Fortune: Money Mindsets, Retirement Wave, AI Love, and Ghostwriting

Tomorrow’s Fortune

Welcome to the action-packed newsletter designed to help you navigate the world of business, investing, and technology. You owe it to yourself to stay informed! If you missed last week’s post, check it out here. 😎 

Today’s post is 2,000 words (~4 minutes). Don’t be lazy… let’s get rich!

Cool Fact: This AI News Anchor Went Viral... For All the Wrong Reasons! 🤦🏾‍♂️ In 2019, a news station in Russia used an AI news anchor to deliver the news. The problem? The AI's facial expressions were all over the place, with creepy smiles and vacant stares that unsettled viewers. The news segment went viral, not for the news itself, but for the unintentionally hilarious (and slightly terrifying) AI anchor.

Today’s Digest:

1. “I AM RICH!” Strategies to improve your money mindset in my latest YouTube video

2. Riding the Wave or Drowning in Change? As Baby Boomers retire, a new era dawns for the workplace, unpack the challenges and potential of the Great Retirement Wave. 🌊

3. Finally, an AI Assistant Who Gets You! See how this revolutionary AI assistant can work for you.

4. The Tweet Life. Turn 140 Characters into a $50,000/Month business.

LATEST YOUTUBE VIDEO!

Back again with a Friday special on YouTube! As I said before, my goal is to touch a million lives through financial wellness and provide the framework, insights and playbook to be SMART with your money.

Few things:

1. Check out tonight’s video on the “This Money Mindset Shift Changed my Life”… I unpack the best way to adopt a abundance mindset when it comes to money 🔥🧘🏽‍♂️

2. Make sure you Subscribe and hit those bell notifications so you never miss a beat 📲

3. WATCH THE ENTIRE VIDEO! Pls and thank you… it helps the YT algorithm spread to others who could use the advice

4. Like and comment and let me know what you think 🤩

5. I’ll be uploading fire content every Friday until you’re rich

6. Check out KENNY FINANCE for other videos

TOP STORY

The Great Retirement Wave: Are We Ready for a Changing Workforce?

Get ready, America! The year 2024 marks a seismic shift in our population as baby boomers reach retirement age en masse. Picture this: a whopping 11,000 Americans are celebrating their 65th birthdays every single day! That's right, every day until the end of the year. It's like a massive birthday bash, but with a twist – it's the "peak 65" phenomenon or as some experts dramatically call it, the "silver tsunami."

If you're part of this extraordinary generation or know someone who is, grab a cup of coffee (or a celebratory cocktail), and let's dive into what this milestone means for you and the American workforce as a whole.

To Work or Not to Work?

Turning 65 is a time for soul-searching and some big decisions. Are you ready to trade in your briefcase for beach days, or does the thought of endless leisure time make you yawn?

Love your job? Keep rocking it! Working longer can have financial and even cognitive benefits, and frankly, the American workforce needs you. Ready for a change? Consider part-time work or a "semi-retirement" to dip your toes into a more relaxed lifestyle while still contributing to the workforce.

The Ripple Effect: A Shrinking Workforce

This wave of retirements isn't just about individuals making choices; it's about a significant shift in the American labor landscape.  As experienced workers exit the workforce, businesses are facing challenges in finding skilled replacements. This "silver tsunami" isn't just a demographic wave, it's an economic one too.

Don't Wait to Save for Retirement

If you're reading this and thinking, "Retirement? That's a lifetime away," think again! Starting to save for retirement early is like planting a money tree – the sooner you plant it, the more it will grow.  And with the future of Social Security a bit uncertain, it's even more important to take control of your financial destiny. So, start squirreling away those acorns today, and your future self will thank you!

2024 is a year of celebration for millions of Americans reaching a significant milestone, but it's also a year of challenges and opportunities for our nation's workforce. So, here's to you, Class of 65 – cheers to a bright and fulfilling future, and here's to a resilient American workforce adapting to the changing tides!

BITS OF GOLD

• Inflation Cooldown Sparks Hope for Rate Cuts

  • Inflation cools down, offering hope for rate cuts and a smoother ride for the economy. The Consumer Price Index (CPI) rose just 0.1% in April, marking the smallest increase in two years. This slowdown in inflation could prompt the Federal Reserve to ease up on interest rate hikes, potentially paving the way for rate cuts as early as September.

• Stock Market Hits Pause Button: Is the Rally Over?

  • Wall Street's bulls are hitting the hay after a strong run, leaving investors wondering if the party's over. Goldman Sachs says the S&P 500's reached its peak at 4,200, but UBS sees potential for further gains if inflation chills out.

• Inflation Takes a Chill Pill, Stocks Hit the Dance Floor

  • The stock market is throwing a party as inflation takes a chill pill, dropping to a cool 3.4% in April. With the Federal Reserve potentially cutting interest rates, investors are popping champagne and dancing to record highs. The S&P 500 and Nasdaq Composite are leading the conga line, while even European stocks are joining in on the fun. Will this party last? Only time will tell, but for now, Wall Street is celebrating this much-needed inflation relief.

• Road trip for a fortune! 

  • Tesla's going all out to get Elon Musk his $55 billion bonus. They've launched ad campaigns and even sent the chairwoman on a promotional tour to convince shareholders to vote yes. The plan? Tie Musk's pay to Tesla's performance, with some ambitious goals already achieved by the CEO.

• Who Let the Doge Out (of Their Millions)? Investor Sells Too Soon

  • Wow. Such bad timing! A Dogecoin investor sold their stash way too early, missing out on millions. The meme-coin soared in 2021, making their DOGE wallet hit $4 million, but they cashed out for a measly $370,000 in late 2023. Dogecoin then mooned again, leaving them howling at a potential $1.25 million loss.

🏠💸TASTE OF THE FUTURE WITH AI

Every Saw the Movie HER?… yea the one where the dude fell in love with AI… well it’s real 👀

Imagine having a conversation with your digital assistant and it not only keeps up, but throws in a witty remark when you accidentally cut it off. That's the future OpenAI is building with their new voice assistant, ChatGPT-4o.  This AI whiz kid can not only understand complex questions and respond with lightning speed, it can even handle your social faux pas with humor and grace.

Here Comes the AI Assistant Who Can Actually Read You a Bedtime Story (and Maybe Even Sing You a Lullaby)

Remember those robotic voices that made interacting with your smart speaker sound like talking to a monotone encyclopedia? Well, those days are over. OpenAI's latest creation, ChatGPT-4o, boasts a natural-sounding, human-like voice that can even adjust its tone for dramatic effect - perfect for reading a bedtime story to the kids or maybe even belting out a (slightly off-key) lullaby.

Is Your New AI Assistant a Little Too Friendly? OpenAI's ChatGPT-4o Walks the Line Between Helpful and Heart Eyes Emoji

OpenAI's new voice assistant is impressive, there's no doubt about it. But some are concerned that its ability to mimic human emotions and even crack jokes might be a little too...well...human.  With comparisons being drawn to the (admittedly not-so-healthy) relationship between the AI and its owner in the movie "Her," some wonder if we're creating assistants that are a little too good at playing the part.

Other Cool AI News!

• AI's Wild Imagination Could Get You in Trouble

  • AI is supposed to be our helpful robot friend, but it has a bad habit of making things up. From wrong info about the author (seriously, not a rocket scientist) to bad advice like ruining your camera, AI's hallucinations are a real problem. Big companies are working on AI, but they're not exactly shouting about this issue. Let's focus on getting the facts straight before AI becomes our robot overlord...er, best friend.

• Get ready for an AI-powered future! 

  • Google I/O 2024 was a whirlwind of new features, with AI at the center of it all.  They announced everything from an AI search engine that remembers way more than you ever could (2 million things!), to AI helpers for your Gmail and Docs, and even a fancy new way to learn with AI-generated quizzes on Youtube. But it wasn't all fun and games - privacy concerns were raised about an AI feature that listens in on your calls to catch scammers. Overall, Google I/O 2024 showed just how much AI is shaping the future, and it might be a little overwhelming, but definitely exciting.

• Grad Speech by Robot? D'Youville U Went to the Future

  • D'Youville University graduation got a high-tech twist with a robot commencement speaker. Students got 6 minutes of generic advice (be yourself, chase dreams) from a sassy AI named Sophia.  Some weren't feeling the robot vibes, but hey, the university offered a separate ceremony for them. Big takeaway? Blue cheese is king, according to Sophia. Now that's a speech everyone can agree on.

WHAT ABOUT TODAY’S FORTUNE? SIDE HUSTLE OF THE WEEK 💸

Tweet Your Way to the Top: Become a Twitter Ghostwriter 👻

Ever wonder how celebrities and influencers always tweet the most brilliant things? They might have a secret weapon: a Twitter ghostwriter.  This side hustle lets you be the mastermind behind someone's Twitter presence, crafting engaging content and growing their audience. All from the comfort of your own home!

Overview of this Side Hustle: Twitter ghostwriting is a service where you manage and grow Twitter accounts for clients. You'll create engaging tweets, optimize their profile, and help them attract new followers. It's a fantastic side hustle that offers flexibility, creativity, and the potential for serious income.

Startup Cost: Ditch the lemonade stand. This side hustle lets you be the secret weapon behind someone's Twitter fame, crafting tweets that get them all the likes and follows. All you need is some serious tweet knowledge and basic tools (think free apps, not a rocket ship). Budget for it?  Around $50 a month will cover things like project management templates and fancy spreadsheet tools (if free ones don't cut it for you).

Capital Intensity: It’s all about your brainpower, not your bank account. No giant investments are needed, just your skills and creativity.  Low on investment, high on earning potential. Think of it as a choose-your-own adventure where the treasure is a hefty paycheck.

Interesting Growth Opportunities: Level up your Twitter hustle. As you become a ghostwriting guru, you can unlock exciting growth. Imagine a team handling more clients, building a Twitter empire. Share your magic by consulting for clients, crafting killer social media strategies beyond tweets. This side hustle transforms into a one-stop shop for Twitter success.

Earning Potential: Don't just tweet for likes, tweet for cash! This side hustle packs a financial punch. As a beginner, land a few clients at $2,500 a month each and you're looking at $150,000 annually. Feeling confident? Up your rates to $5,000 per client and watch your earnings soar to $300,000 a year. Build a team of ghostwriters and the sky's the limit – cha-ching.

Ready to Tweet Your Way to Success? With the right skills and dedication, you can turn Twitter ghostwriting into a thriving business. So, what are you waiting for? Start crafting your social media magic today!

This newsletter is for informational purposes only and does not constitute investment advice. The content is based on publicly available information, and the author makes no representations about its accuracy or completeness. Readers should conduct their own research before making any investment decisions.