Web3 | Wisdom, Wealth, and Wellness

Jonathan Satovsky
CFP®, ChFC®, CIMA®, CPWA®, CDFA®, DACFP

Good morning, good afternoon, good evening. Depending on the part of the world you’re in. This is Jonathan Satovsky of Satovsky Asset Management and on this Upstate Michigan episode of “Seeking Wisdom, Wealth, and Wellness,” I want to talk about Web3.

Everyone’s talking about Web3. What’s Web3? Well, I heard a really good definition. Web1 is desktop computers where you’re sitting, coding line by line. Web2 is about mobile devices—where you have this phone where everywhere you go you can get something on-demand through Amazon. And Web3 is experiential demand—you see something you like, an experience, an item of clothing, and you can design for your collective conscience.

However, be careful. As I spoke to a very dear friend, he said he was optimistic his whole life, but not in the last 10 years. He admires my optimism, but doesn’t share it—and I said, well, that’s a choice. It’s a choice to be optimistic. It’s a choice to be pessimistic and I can see his health deteriorate because he’s optimizing his conscience for a negativity bias.

So, choose your collective conscience to design Web3 for your life. To optimize your life. Your customized ecosystem, for your own Wisdom, Wealth, and Wellness and a life that’s joyful and abundant. And if you slip into negativity, find a way to recalibrate the way you’re designing your life so that you can take a step in a positive direction because all we have is the energy we bring forth each day.

Have a great day.

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Video Recorded July 28, 2022
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Disclosures

This blog post is not intended to be, nor should it be construed or used as, an offer to sell, or a solicitation or offer to buy any securities or interests in any strategy offered by Satovsky Asset Management, LLC (“SAM”). SAM is a registered investment advisor with the Securities and Exchange Commission – for more information see www.adviserinfo.sec.gov. Please remember that different types of investments involve varying degrees of risk, and that past performance is not indicative of future results. Therefore, it should not be assumed that future performance of any specific investment or investment strategy (including the strategies recommended or undertaken by SAM) will be profitable. Market index information shown herein is included to show relative market performance for the periods indicated and not as standards of comparison. The market volatility, liquidity and other characteristics of SAM’s portfolio composition are materially different from the securities listed on public market indices. Market index information was compiled from sources that SAM believes to be reliable. No representation of guarantee is made hereby with respect of the accuracy or completeness or such data. Opinions are as of date of video and are subject to change. A copy of SAM’s current written disclosure statement discussing our advisory services and fees continues to remain available for your review upon request. SAM undertakes no duty to update information presented herein.

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