Big shouts for crypto, which was forecast to be the best performer in 2024, and deeper investment analysis.

A golden moment for private credit 🤝

The most interesting thing about the private credit market is what’s happening today.

The market is opening up to ordinary retail investors for the first time ever. It's a golden moment.

Percent is the only platform exclusively dedicated to private credit. They provide accredited investors access to a wide variety of high-yield, short-duration offerings (9-month average).

These shorter-term investments are more responsive to current market conditions and interest rates. This means you can regularly calibrate your investments to meet your needs.

• Get as much as 20% APY and more (That’s high)

• Investment minimums as low as $500 (That’s low)

• Swaggy readers can earn up to a $500 bonus with their first investment (Neat)

PS - Check out this guide to investing in private credit: ​How to analyze risk & reward in alternative lending​. This is smart, in-depth stuff. Check it out.

SPONSOR

📊 Income

• The yield on the 10-year Treasury rose to 4.45% from 4.44% late Friday. Just a few weeks ago, it was above 5%, at its highest level since 2007.

• What’s better for your portfolio? Bonds or bond ETFs?

• If you want to invest in US stocks from companies that pay high dividends but don’t want to do the research yourself, check out Public’s High-Income Dividend-Paying plan. It follows the top 20 holdings by weight from the iShares Core High Dividend ETF (HDV).

📊 Crypto

• The SEC has delayed its approval of a spot BTC ETF again. Once approved, the price of BTC should increase significantly under increased demand from institutional and retail investors.

• Fidelity has filed an application for a spot ETH ETF.

• MasterCard is boosting its efforts to detect crypto fraud.

🌍 Global Perspectives

🇯🇵 Japan’s Nikkei 225 index broke its September peak, hitting a 33-year high, and then fell to 33,388.03, shedding 0.6%.

🇦🇷 Self-described anarcho-capitalist Javier Milei handily won the Argentinian presidential runoff election. He wants to abolish not only the central bank ("the worst garbage that exists on this Earth") but also the health, education, and environment ministries.

🇹🇭 Thailand badly missed its GDP expectations, coming in at 1.5% growth YoY against a forecast of 2.2%.

💎 Wealth Watch

• Almost no one in the world pays 6% real estate commissions — except Americans.

• The worst narrative in finance is this idea that stocks generate 10%+.

• The IRS is cracking down on environmental write-offs.

• The average 401(k) account balance fell in the third quarter — but it’s still up double digits from a year ago.

🗳️ Outside the Box

• A hotter world makes it harder to stop the spread of deadly superbugs.

• The best and worst American airports in 2023.

• How often do kids get sick? (it’s a lot)

• Wegovy is about to go mainstream.

• San Francisco Bay's only private island is on sale for $25 million.

📈 Trends you need to know

Brought to you by our friends at Glimpse, my favorite way to spot trends.

Weight loss drugs are going mainstream.

That’s all for today. Did we miss anything? Smash the reply button to let us know.

Cheers,

Wyatt

Notes

Please read this disclaimer. The authors of Alt Assets, Inc. are not attorneys, investment advisers, accountants, tax professionals or financial advisers and any of the content should not be taken as professional advice. They are self-taught accredited investors, sharing information, research, entertainment and lessons learned based solely on their own experience and circumstances. Individual results may vary. The published content is unique, based on certain assumptions and market conditions at the time of publishing, and is intended to serve solely as research, not financial advice. For entertainment purposes only. Not investment advice. Alts I LLC (the “Fund”) is an affiliate of Alt Assets, Inc. and the Fund has conducted a private placement offering under Rule 506(c) of Regulation D of the Securities Act of 1933, as amended. The Fund may invest in one, several, or all of the alternative asset classes that Alt Assets, Inc. publishes content about on its site. Any of the Fund’s investments that have positive designations on the Alt Assets, Inc. site are purely coincidental, as the Fund is actively managed and guided by its own investment parameters, as summarized in the relevant private placement memorandum. Alternative investing involves a high degree of risk, including complete loss of principal and is not suitable for all investors. Past performance does not guarantee future results. The newsletter may contain affiliate links, meaning that Alts.co and its associated entities may receive compensation for referring customers to the noted companies. We recommend seeking the advice of a financial professional before you make any investment in an alternative asset class or any associated entities, and we accept no liability whatsoever for any loss or damage you may incur.