Scaling the Crypto Wealth Ladder: How Digital Assets Are Rewriting the Rules of Prosperity

Forget Wall Street's tired playbook—decentralized finance is minting a new generation of millionaires. Here's how blockchain is bypassing traditional gatekeepers.

The New Wealth Blueprint

Bitcoin's 2024 halving sparked a 300% price surge, while Ethereum's Shanghai upgrade slashed gas fees by 40%. These aren't just market movements—they're rungs on the wealth ladder.

Yield Farming vs. 401(k)s

While boomers chase 5% CD rates, DeFi protocols consistently deliver 12-18% APY. (Disclaimer: past performance doesn't guarantee future returns—but neither does your financial advisor's track record.)

The Institutional Tipping Point

BlackRock's spot Bitcoin ETF approval triggered $4.2B inflows in Q2 2025. When the suits finally get it, you know we're past the point of no return.

Traditional finance isn't dying—it's being disrupted. And for those paying attention? The climb just got a whole lot easier.

Javier Ghersi / Getty Images

• https://ofdollarsanddata.com/
• https://www.amazon.com/Wealth-Ladder-Proven-Strategies-Financial/dp/0593854039

On the Express this week, take me higher—the relentless bull running to new record highs. Mind the valuation gap. Private equity and crypto are coming to a 401(k) near you. Are you ready? What Nick Maggiulli, my good friend from Of dollars and dData stops in, drops in for a few good minutes to talk about his new book and the real meaning of wealth. What tomato prices can tell us about the future of Mexico and US tariff and trade relations, the Investopedia indicator and what to watch this week, microphone, check one two. What is this? The Investopedia Express all up in your business.

Welcome back and welcome aboard. It's the invested PD Express live coming to you every Monday morning on all social platforms and then on demand. If you want to listen to us later, shout out to all our followers and fans from Arizona, Alabama, India, Turkey, we're worldwide. That's what's up, Arizona. What's up? Mission, wealth media, good morning. Good to see you there? All right, turkeys in the house. India's in the house. We love it. Taiwan's in the house. We are international, worldwide. Frank murders here. Good morning from Seattle. Hey, it's early out there. Denver, Colorado. Hey, what's up? What's up? Yang, all right. Seoul is in the house. Look at this. We need a passport for this show. Even though it's the express train. You need a passport. Good morning to you. Kala Fazal, thanks for rocking with us. All of y'all join the conversation whenever you want. We'd love to hear your comments. We love to hear from our listeners and viewers. And Canada's in the house. Of course, Canada's in the house. Investopedia Canada born 1999. Albany's in the house. Let's go. I love it. Argentina, oh. Ali wendia, Nigeria, is in the house. Bonjour. Let's go. Cali, wow. All right, let's go. Need a passport, but let's get this show on the road.

We got a lot to cover today. So much going on. Our good buddy Nick manjuli is going to join us in a few good minutes for the drop in to talk about his new book and the real meaning of, well, something I I've been thinking a lot about lately, but we got to start with record highs. Let's go record highs for the s, p5, 100. Record highs for the NASDAQ 100 this relentless bull just keeps on running. Let me hear it. Oh yeah. You know, I love the air horn, raised on the air horn. Love the air horn. Look at that bull. What a beauty. Running to new record highs last week. And for all the consternation about tariffs going into effect last week, for all the concerns about the slowing of the economy, the slowing of the labor market, we still have stocks dancing around record highs looking that way again this morning, in the early days, in the early hours of the trading week, and it's all, you know, the NASDAQ 100 the biggest stocks in the market. It's the S&P 500, the biggest stocks in the market. The market cap weighted index is rolling to record highs, and they're rolling to record highs behind the biggest companies in the market. And size matters, folks, and that's what keeps driving the stock market higher. We'll get into that a little bit more in a couple of minutes. 

But mind the gap, because a lot of this concentration is in those AI related stocks. Is in mega cap tech is in the super scalers, where the spend is and where the chipmaking is, there goes the money, there goes the market and overconcentration. Yeah, we got it. We got it. Hey, this has happened before. We talked about it last week. The railroads were 61% of the S&P 500 back in the 1880s that was back in the 1880s but we have this AI exposed part of the stock market, driving it to record highs. That's where the money is. That's where the action is in the stock market. If you're not in these stocks and you're a professional fund manager, you know, you've been missing out, but this is these are the most widely held stocks in the market, and they keep driving us to record highs, but it is causing this valuation gap where we have a price to sales ratio. Shout out to our guy, Charlie Bilello on this next chart, a price to sales ratio for the S&P 500. That is an all time high, and that's because these stocks, the Nvidia's of the world, the Palantir's of the world, the Microsoft et cetera, they are priced very high, and they are crushing their sales. They're crushing their revenue, but their stock prices have soared so much because so much money has flowed into them that you got this tilting of the price to sales ratio to all time highs as well, all time highs everywhere you look. We got them for price to sales ratio.

We also have the biggest stocks in the market, Nvidia, right and Microsoft carrying most of the weight. And again, Charlie Bilello, my guy, creative planning, such a good chart master, learned so much from him. Nvidia, 8.1% of the S&P 500, that might be the biggest weighting of a single stock in. The history of the stock market, and that's going back a long time, and that's one of the reasons I this market keeps charging higher, big stocks taking it higher, but also beyond the tariffs. And investors seem to be so over tariffs. What are they focused on? They're focused on the fact that rates are coming down, right? We got a Fed meeting coming up, September 16/17, or 17/18 where the expectation for our Fed cut is getting higher and higher. It's about 75/80% right now, if you look at the CME's Fed Watch tool, and if you look at the future forecast for where interest rates are supposed to be going out to January of 27 gonna be heading lower. And that's got investors pretty enthusiastic. Why else are they enthusiastic buybacks? Maybe stock buybacks are set to top new record highs this year. Why do companies buy back their stock? One, they have no better use of the cash or so they say. Two, it kind of boosts their price to earnings ratio artificially. Right when they're buying back shares, taking shares off of the market. Three, they think their stocks are cheap. So, uh, S&P 500 stock buybacks. Oh, yeah, those have been on the ON A ROLL since the tax cuts. And the Tax Cuts and Job Act in 2017 and the extension of the tax cuts they're setting to set new records again. So you got lower interest rates on the horizon. You got stock buybacks coming at a record pace, and you got corporate earnings that are better than expected. They usually are. Companies like to guide lower and deliver higher, but that's kind of what's driving everything higher, and also this risk on attitude, and that got a little riskier last week with the President signing an executive order really sort of reducing the restrictions. And the language, the warning language around 401(k)s, around cryptocurrency and private equity in our 401(k)s, but what he basically did was instruct the Department of Labor to ease the guidance around being cautious, around putting these assets in our 401(k)s, why?

Well, they're risky by definition, and private equity has always sort of been out there for the wealthier investor, right? You had to be an accredited investor, maybe a million bucks in investable assets, $200,000 in annual income. If you wanted a piece of it, you could access it through ETFs and interval funds and other ways, but if you really wanted a piece of it, you had to be accredited. Now it's going to be wide open for retail investors, regular investors, to put in our 401(k)s, and the risk is high, the transparency is low, the returns could also be high. But when we're talking about private equity, we're talking about private investing. Private investment companies making investments in other companies, sometimes in startups. Sometimes they're buying public companies, dismantling them, right, and selling them back off. Sometimes they're making big bets on industries like AI, like robotics, like Uber and other companies. And it pays off, but it's patient capital. You gotta be very patient. Gotta keep it in there for a while. You can't just take it out when you want it. Out when you want it like a stock, and it's not overseen by regulators like the SEC. What could go wrong as far as cryptocurrency is concerned? Well, it won't be long before we can have a little Bitcoin and a little ether next to our Nike and our Apple in our 401(k) plans. You can buy the Bitcoin spot ETFs right now, but that's just a spot ETF, but if this administration has its way, we're going to have more crypto inside our 401(k)s. And how do we feel about it? Well, this Gallup Poll kind of tells the story. 14% of US adults own crypto. 60% though, say they have no interest in owning it. 55% consider it very risky. It is very risky, and it's very volatile. Hey, easy on the table, buddy. Conservatives say they'll never buy it. 50% and 73% of liberals say they'll never buy it. Maybe they feel like they've missed out. Look at the returns for Bitcoin over the past 10 years. And 10,000 invested in Bitcoin back in 2015 that's a cool $4.4 or $5 million today. We've never seen an asset like it with a 44,000% return, and I get it, it's risky, but the doors are opening wide for cryptocurrency to become a bigger part of our capital markets here in this country and around the world. And a bringing that goodness. Dr stocks, thank you for bringing the goodness. I want to bring in some more goodness with our guy, Nick Maggiulli from of dollars and data, good friend of mine, good friend of the program. He's got a new book out. Let's hit Nick on the drop in.

Welcome my friend. I love thanks for having me. I love it. Nick and Julie, a good friend of mine, good friend of the program and Investopedia, you're out with this new, terrific book, The Wealth ladder, proven strategies for every step of your financial life. We're going to put the link to it in the show notes. But I just binged on this book the last few weeks because there's just so much good stuff in it, and I've been thinking and talking a lot, Nick about the meaning of wealth when I talk to students, or when I talk to people out there in public, I always ask this question, WOULD you rather be rich or wealthy? And a lot of people come around to the fact that they want to be wealthy, but wealth is such a loaded word, so I'd love to know what wealth means to Nick Maggiulli, what does that word mean to you?

I think wealth is the ability to live your life as you see fit, whether that means having the right financial resources, having social wealth, friends, family, you can rely on, you enjoy health. There's other types of wealth as well. So just thinking about it more broadly is just living the life that you want on your own terms.

Right? It's not a number for most people, although you might need a number to work your way back from it, but it is that really life on your own terms, the ability to afford your time, that's the way I think of it as well. Everyone's got their own definition of it, but I think as we, as we you know, when we're coming up, we get kind of confused, and it's easier these days with social media, because that's all you see, is rich, right? The whip, the drip, right? And everything else. But wealth is a completely different type of concept. So you've got this wonderful book, The Wealth Ladder, but it's a concept that you've been working on for years to Well, explain the wealth ladder to us. We have a cool graphic that goes along with it, and the book is full of great illustrations like this, but take us through the concept.

Yeah. So the idea is that there's six distinct wealth levels, and it's like a logarithmic scale, so it's everything moves up with 10x for each level. So level one's less than $10,000 level two is 10,000 to $100,000 right? And this is just a visual representation of it, of the framework. And the idea is, depending on which wealth level you're in, your decisions might change around how you spend money, around your income, around your investments, etc. And so you can see here, like these are the different wealth levels, and it actually breaks the United States pretty nicely. About 20% are in level one, that's less than $10,000 in net worth. 20% are in level two, that's 10 to 100,000—40% are in level three, etc. But it's just really interesting that when you look at the data, it actually maps onto this quite nicely.

Yeah. Not only that, it's also you, you kind of tease it a little bit the relativity of money. Money means, you know, different levels of money mean different things to us depending on what level we're at. I love the Jay Z reference because we love bigger man. You know, what's 50,000 to someone like me, right? To Jay Z? Not a lot right now, but once upon a time, it was so talk about the relativity of money with that trivial the triviality of that point zero, 1% that's so important no matter where you are on the wealth journey. Yeah.

So he said, what's 50 grand to someone like me, can you please remind me that's a paraphrasing what he said at the time, his net worth was about $500 million so 50 grand over 500 million is about point zero, 1% or one basis point, or, you know, 110 1,000th of his wealth. And so I think that's true for everyone. So when I think about spending money, when I'm thinking about, Oh, can I afford this one thing if it's less than 1/ 10,000th of your wealth, the answer is yes: don't even think about it, right? It's trivial. So it's the same thing. And it's, you know, you think of the Jay Z rule when you think of that stuff. So yeah, that's, that's what I use, and I really recommend it

You talk, you talk about level one, every dollar counts, and it absolutely does. I was there as a cook, as a busboy, as a teenager, I mean, my first jobs level two: grocery freedom, buy what you want at the store. And when I think about what makes me feel wealthy when I'm shopping, you know what it is? It's limes. I buy as many limes as I can. That makes me feel wealthy because that means good things are happening in my kitchen, right? Usually, level three is that restaurant freedom. I can we can go where we want, we can eat where we want. We can eat out a couple of times a week, right? It all changes as you start to accumulate wealth. But a lot of us get trapped up in the rising incomes, but the failure to think about how to accumulate wealth. How do you talk to people about that?

Yeah, I think it really depends on where you are. And so once again, like, depending on your starting level and where you want to go, how you accumulate wealth may be different. The strategy may change, right? If you're trying to get to like, say, level five, which is like, you know, 10 million to 100 million, the strategy to get there is very different than if you're trying to get to level three or level four, which is one to 10 million. And the reason for that is just generally, the data shows that you need to be some sort of entrepreneur. You need to sell a large business to get to, you know, extreme wealth of like, 10 million or more, which only 2% of US households currently have. So something to keep in mind when you're thinking about, how do I build wealth? What are the right ways of doing it?

Right? Now, let's talk about the investment part of this, because that's what we're so passionate about, and that's what you know, a lot of people come to us to learn about because it really matters when you start, how you start, but it really depends on where you are in your investing journey and in your wealth building journey. Because in the level one, when you're making 10 20,000 bucks a year, putting away a few 1000 bucks a year to invest is almost unthinkable. So then you're talking about assets at that point in time, and then

what? Yeah, and so what you generally see across the wealth ladder is that as people gain more wealth, they own more income producing assets. So things like, as you can see here, stocks and mutual funds. And by the way, this is stocks and mutual funds outside of retirement accounts, right? If you actually look at retirement, if you include retirement accounts, it's actually an even bigger portion of level four. So you know, people in level four have a lot of their assets in stocks and in addition, their retirement accounts, which have other stocks as well. But this is just saying stocks outside of a retirement account. So you can really see that that starts to go up in level four, and especially in level five, is where it actually peaks out in terms of percentage of overall assets, right?

But you. Your work for you know, you help run a wealth management firm. It's all about time in the market. So at what point people really need to start thinking about in starting the investment foundation right, building out a base, whether it's through a defined contribution plan or outside necessarily, to really make it matter in their future years. Yeah.

I mean, you can start at any point, but by level two, when you start to have some money and you start thinking about it, and then by level three, you really have to start thinking about it, because as your portfolio gets larger and larger, the cost of making a mistake gets bigger and bigger, right? So by time you're in level four, you know, the same mistake level two or level four could be a 10 or 100x difference in terms of the size of the error. So something you're thinking about like, you need to start early. You need to start moving in that direction and going from there. Yeah, I

Love this chart you have in there: over half of the final portfolio is built in the first decade of saving. You got to get that ball rolling down the hill ultimately,

Yeah, and this assumes you just save the same amount every year. Obviously, if you're saving more in the future, that's not true. But what this shows is over. If you just save the same amount every year for 40 years, and you have a constant rate of compounding, you know, in the first you know, 10 years, half the portfolio value is already done because of all the compounding that happens in the next 30 years. So it really goes to show how important those early years can be for later returns.

So I talked about it earlier in the show. I talk about it a lot on this show, the fact that there are new asset classes that are being opened up to retail investors. They've been open to us for a while, but they're becoming more mainstream. I mean, I think Blackrock is launching a target date fund that is 15 to 25% private equity. We have crypto now that's much more widespread, still not a massive asset class compared to stocks and bonds and everything else. But a lot of people are been want to generate wealth outside of the way that maybe I grew up doing it, and maybe you, even though you're a lot younger than me, through stocks, bonds, commodities. What do you think about this? 401 (k)—you know this relaxation of rules around 401 (k)s with crypto and private equity.

I'm wondering a bit if it's like trying to create exit liquidity for all these people that you know, these private equity owners, that you know money's not flowing in there, like it used to like, 'oh, maybe we can get the typical average American to buy this stuff. Take it off our hands.' That's, that's my honest take on this. With crypto as well. They're just like, 'hey, we need more buyers. We need more flows. And so where can you get them?' You know, the 401(k) that's, that's the most, you know, constant FLOW of money going into assets over time. Every two weeks there's more money coming in. So the relentless bid has not ended. And so they're saying, hey, maybe we can convince people with privates. That's my honest take on it. But, you know, we'll have to see what happens.

Yeah, this is a great experiment, and what could go wrong. The book is the wealth ladder, proven strategies for every step of your financial life. Nick, I want to hit on one more thing that you and I talked about recently, when we were on the compound together with Josh and Michael, the great podcast coming out of riddle 12, we were talking about this, the fading of the American Dream is something we're super passionate around here. People search for that term all the time on Investopedia, but I don't think they're actually looking through the maze. And shout out to Prince dykes, who just gave you a shout out, said he's buying his copy of the wealth letter. There you go, Prince, my guy. Appreciate that. What's up? But this notion of the fading of the American dream we talk you've got a book called The wealth ladder. You've got another terrific book, you know, on I think it's never stop buying.

Just keep buying.

No, just keep buying which, which was tremendous best seller around the world. But this people, and especially younger people, may feel like this is kind of built castle made of SAND here, right? This may fade away. I don't know if I believe in the concept, what is your what's your take on that you're young, you're in the wealth management business, but you've also done a ton of work around how we feel about wealth and money.

Yeah, so there, there's definitely, there could be some, you know, inflated valuations in the marketplace, whether that's in housing, in stocks, etc, but it doesn't mean that it's not real, like none of it's real, like, it doesn't mean it's a zero. I mean, there's a difference between, okay, hey, we're in a bubble of some sort, and all this wealth is fake. And I think there's those are very extreme and different statements. And I think it's very possible that things are a little inflated right now. I think, you know, the we're at the highest price over sales ratio in S&P 500 history. Maybe there's legitimate reasons for that, and that's can be debated. But, you know, I do see like it is a little scary out there with like, we're still seeing higher and higher prices and people are still buying. But you know, I think if there is, there's going to eventually be a correction. I don't know when. I don't know what's going to cause it. And you know, the idea, though, the point of the book, is to keep buying over time. That really is the solution, because it reduces a lot of the risk associated with buying all at once and during the top of a bubble or something like that.

Yeah, I subscribe to the philosophy. Hopefully people will continue to it's a lot of it's based on trust, though we know that's such a big five letter word in our capital markets, and trust is being tested right now. But thankfully. We have people like you helping educate us, guide the way the book again, the wealth ladder, our friend Nick Maggiulli, folks, you can pre order. You can pre order. This is coming out right now, right?

It's been out. It's a New York Times bestseller, Caleb. It was last week.

A lots happened in the last few weeks I saw you. And just keep buying: two of the smartest books I read. Nick so good to have you on the Investopedia Express.

Thank you so much. Caleb, appreciate it. Thank you.

Let's track a little money in motion right now, because we got some odd indicators out there that may be telling us a story or two about the way this tariffs is going. Let's hit it money in motion.

It's August. It's tomato season, one of my favorite seasons of the year, good tomatoes, good corn, good produce coming off the farm. We're right in the middle of this tariff storm, and on these tariff negotiations, especially between the US and Mexico, are tomato prices. Yeah, tomato prices. And just recently, I think it was last Friday, the Mexican government set a floor minimum for tomato export prices. Got a lot of tomatoes coming up from Mexico, a lot of avocado, a lot of produce.

In general, basically half of your produce section at your local grocery store comes from Mexico. They set a floor there. They're trying to avoid a distortion in in the prices of tomato exports. And for years, the Farm Bureau here and other lobbyists in America have been accusing to Mexico of dumping tomato supply into the US market, crushing unintended the price of tomatoes, especially for homegrown tomatoes. We grow a lot of great tomatoes here in the United States of America, but tomatoes right in the middle of this negotiation. So they said a floor, that floor is, I think, $1.70 per kilogram, the biggest exports we get from Mexico. That means a 40% increase for bola tomatoes, bola tomatoes, right? And 26% for cherry and grape tomatoes. So if Mexico is willing to set a floor for the price of tomatoes, where else are the negotiations going? And look at that tomato market that's only getting bigger and bigger. We must be making a lot of sauce, a lot of Bloody Mary is a lot of good caprese salad, because the tomato market's getting bigger and US farmers, US growers. They want to make sure it's a fair playing field. So you see the way this tariff negotiation is going with countries right now, give and take. A lot more give, it seems, than take by our trading partners, but tomatoes right in the middle of the tariff negotiations between Mexico and the United States. All right, let's get set up for another really busy week ahead. My gosh, it's August, but it's busy out there. Let's go.

All right. We are right in the kind of thick of earnings season. Maybe we're in like the sixth, seventh inning, getting ready for the seventh inning stretch. But companies are pretty bullish, right? They're very bullish on their earnings. 14% of companies have raised their earnings per share or revenue guidance so far. Only 5% have lower guidance. You look at the past 20 years, like our friends at Bespoke investment stuff did the other day, only 8% raise guidance, 9% lower. Companies like to guide a little bit lower than surprise to the upside right around the time they report their results. So maybe you get a little boost to their stock if you're beating on your earnings per share forecast this year, this quarter, I should say you're good for about a 1.3% daily pop in your stock price. But if you miss, whoo, it gets wobbly around here. If you miss, your stock's getting knocked down about 5.1% percent, according to bespoke, do not miss on that guidance. Do not miss on those estimates, because investors are punishing you for that. All right, let's look ahead to the week. No big economic reports today or big earnings reports to talk about on Monday. Let's get our act together.We do have AMC though, the former meme stock...

Tomorrow, Tuesday, the consumer price index for the month of July, huge one to focus on, because finally, might be feel the impact of rising tariffs going into that August 7 deadline. We'll keep an eye on that the federal budget will be in focus earnings coming from Coreweave and eToro, among other companies. Wednesday, we got some fed, fed talkers out there, Austin Goolsby and Ralph Bostic on the speaking circuit. We're already hearing from Fed presidents and governors this week saying we should have cut maybe we should wait, maybe. So they're out there talking because they're out of their quiet period ahead of that September 16 meeting on Thursday. Producer price indexes. What are manufacturers paying for their goods on the way in, are they going to raise their prices? And ultimately, is that they're going to make their way into retail goods, and we're going to have to pay more for that. We're also going to keep an eye on weekly jobless claims, those have been edging up late lately, earnings coming in from Alibaba, Applied Materials. John Deere, Friday, big US retail sales numbers did so. Spending remain strong in the month of July, as we got more and more concerned about rising prices, we'll find out, and consumer sentiment was ticking up a little bit. We'll see what happened to that last month as well, and then a final reading on import and export prices. So a lot of data this week going to give us a good sense of what shape the economy is in as we headed into the beginning of those tariffs. So we're going to have it all covered right here. Check out Investopedia.com. Our new sections all over it all over our social media, our editors all over it, sitting out there doing the good work. It's free, and it's smart news for the educated investor. Check it out. 

All right. Let's get to our indicator of the week. And we've been talking about this for a while, too, this notion that we just keep building data centers. It's a real thing. In just the last 40 or so years, data center construction spending surged 211% to over $40 billion annually since November of 2022 office construction, the building of office buildings that fell 35.3% to $46.7 billion. We are building a lot of data centers. We're going to need a lot of data centers to store all this data to make this AI worthwhile, after all, so the biggest stocks in the market, the ones that have had the best performances outside of Palantir, are the chip makers who are making the chips to store the data, and the power companies and the utilities that are powering the data centers. What happened back in November of 2022 ChatGPT became publicly available, and just last week, OpenAI releasing an updated version of ChatGPT-5 that they say is more powerful and can do more reasoning and allows for what we call vibe coding. And my friends, that is not some weird ritual happening out at Burning Man that is allowing you to literally say into your chat, GPT agent, make me a software program that does X, Y or Z, and it'll make it for you on the fly, this stuff's getting bigger, and we need a lot more data centers to power them, but you see so much money being poured in to this sector. All right, what? Oh, there you go. And that's the spending, AI spending, basically, you wonder what's powering GDP. We had that 3% rise in GDP preliminary report for the second quarter. You're wondering what's powering the stock market higher. It is all this, AI spending, not personal consumption expenditures, as the Fed likes to measure, but all this information processing, all this spending on the build out of AI, on the building of chips, on the investment in this sector, that's where the money is right now. That's why you got a stock market at record highs.

All right, hey, Seattle's in the house. Down to dive Andres Ventures is in the house. Good morning from NYC. New works in the house. Indonesia's in the house. Wow. I love it. We got to take this Express worldwide. I think we got to go on a world tour and see these people. Yeah, we missed out for sure. Hey, Ellie Fazel, you never know. Are we at the beginning? Somewhere in the middle, anything can happen. So you hang in there. Investing is for long term marathon runners like our guy, Nick Julie, likes to say, uh, opinion, investing in zero day to even spy options, I think, handle with care, zero days to even have become the most one of the most popular option products out there, options in air quotes, products out there. Because the market kind of moves code quickly, especially in the morning, and it kind of hasn't really churned much more outside of a 1% range. And when you got a market churning higher day in, day out, sometimes the zero days to even options, safer way to play it. But you got to make sure you know what you're doing. So make sure you read our tutorial on Investopedia before you get down with the zero days to even options. 

Handle with care. Why is AMD skyrocketing now? Why are all the chip makers skyrocketing right now? That's where the money is. That's where the spending is. And if you saw these deals announced over the weekend with Nvidia and others agreeing to pay the US 15% of the revenue they make from selling chips to China, you know this is the way these deals are being made right now, yes, yes, exactly what I just said. You're paying attention to. They did sign a deal to get 15% of their revenue. People still buying high real estate as well. Hey, there's a lot of money out there, and money, my friends, is like, smoke needs a place to go, and that's usually higher, and it's going to go to the highest yielding assets out there, whether it's real estate, private equity, cryptocurrency, the stock market. That's just what it does. Prince. Good to see you, my friend. Thank you all for tuning in. Special thanks to our buddy, Nick, Majuli, again, his book a best seller already, the Wealth Ladder. Go get a copy. Go get one for your friends. Denver's in the house. Hey, we love you. And our mornings with Investopedia as well. Thanks. Sarah, thanks for tuning in. Doxy is in the house. I can't even say goodbye. So many people chiming in. We love it. Thanks so much for tuning in. Hey, Brazil, anjia, Arabians, Costa Rica, oye Mike. All right. Stan is in the house trying, trying to get back to work here, but you folks are just being so kind. We love it. Hey. You have a great week to the Investopedia Express live every Monday across all social platforms and on demand on your favorite podcast platforms. Thanks for chiming in. Thanks for dropping in and stay safe out there and we'll talk again little further on down the line you.