TSA Wealth Management

Everyone is talking about the SpaceX IPO. In this week's note, Jon Swanburg explains why that's usually a sign to sit this one out: swanburg.com/p/houston-we-have-an-ipo

Wall Street loves complexity, and complexity almost always benefits Wall Street more than it benefits you. This week's note breaks down a popular product called a structured note, explains how the pitch works, and shows what investors are usually not told before they sign. Worth a read before anyone tries to sell you one.

https://open.substack.com/pub/swanburg/p/structured-products-and-the-appeal?r=1tn7mx&utm_campaign=post&utm_medium=web

In 2016, a Nobel Prize-winning AI pioneer predicted radiologists would be replaced within five years — today there are more of them than ever, earning over $500k on average. History is clear: technology doesn't destroy jobs, it shifts them, expands markets, and creates demand for things people couldn't afford before. https://open.substack.com/pub/swanburg/p/the-robots-arent-coming-for-your?r=1tn7mx&utm_campaign=post&utm_medium=web

When an IPO is all anyone can talk about, that's usually the time to be careful. Jonathan Swanburg's latest note on SpaceX, valuations, and why vibes are not a financial plan.
👉 www.swanburg.com/p/vibes-and-valuations