STYRON’S LESSONS FROM GEORGE WONG’S SERIES – HOLIDAY GIFTS FOR THE KIDS; BUY THE TOY COMPANY, NOT THE TOYS

STYRON’S LESSONS FROM GEORGE WONG’S SERIES – HOLIDAY GIFTS FOR THE KIDS; BUY THE TOY COMPANY, NOT THE TOYS
Disclaimer: Good Day, Readers. WealthBuildingPowers blog is a financial literacy/competency blog and does not provide specific investment recommendations.

EDUCATION

George started this series by discussing his formal and informal education. In addition to his vital university education, he started his first business in high school. After college, he continued his entrepreneurship by acquiring rental properties, both business and residential.
EARNINGS

George and his wife used their earnings to invest in their future, achieving Financial Freedom and GIVING BACK!
SAVINGS

George and his wife contributed to the 401-K and other investments by spending less than they earned.
INVESTMENTS

It is smart to teach your kids about investing by buying them stock. My favorite gift for my daughter and niece – buying them shares of stock!
An added benefit, grow your own financial literacy along with your kids by learning about companies and trends your kids are more familiar with!
FINANCIAL FREEDOM

George achieved his family’s financial freedom with the above actions and strategies and pays it forward with his time, mentoring, and money.
GIVING

This is the factor I most respect about George Wong. In addition to financial giving, he generously gives his time and business experiences and helps small businesses and others within the community. He is a mentor and a role model for many people, including me.
George and his wife helped two sons and five nephews/nieces start their path towards financial literacy. And provided an economic foundation many young people simply do not have. They generously gave both sons a formal and informal business education by modeling their financial literacy and paying for their college education. Mr. and Mrs. Wong are the proud parents of two successful young men!
CONCLUSION – STYRON’S LESSONS FROM GEORGE WONG’S SERIES – HOLIDAY GIFTS FOR THE KIDS; BUY THE TOY COMPANY, NOT THE TOYS

If any questions, please reach out and I will respond or forward to George for a reply.
George is one of my role models. He demonstrates the American dream is possible for those of us willing to do the hard work. Success is NOT easy! The color of your skin, sex, or anything else is only a limiting factor if you allow it to be.
For anyone who needs help setting an account up, reach out at styronnarz2@aol.com, and I will assist.

BIO George Wong – Senior Advisor at Shark Wheel LLC and Senior Advisor at Intex Industries (Xiamen) Co., Ltd
George Wong is semi-retired and continues to work as Senior Advisor to two companies, owner-manager of the family’s commercial, and multifamily real estate, board member in two non-profit educational organizations, and manager of several stock and bond portfolios for extended family. His professional career included stints at Price WaterhouseCoopers as a management consultant, a commercial real estate firm as developer/portfolio manager, a commercial printing company as COO, a legal document management systems start-up as V.P. Operations, RR Donnelley Financial Print as Plant Manager, Coldwell Banker Residential Brokerage as Finance Manager, Intex Plastics Division as Senior Advisor, and Shark Wheel Inc as co-founder-CFO-Senior Advisor. Out of college, he was a middle school teacher at Inglewood Unified Schools, and he worked for two federally-funded organizations advising minority-owned businesses. His previous community involvement included the turnaround of a Pasadena unit of the National Urban Coalition, board membership in the Pasadena chapter of the Urban League, and Advisor to the California Senate Select Committee on Small Business Enterprises. George was raised in South Central Los Angeles, where his entire education from elementary school through graduate school was obtained within a three-mile stretch on one street. He remains active in south Los Angeles as a board member at a state-funded child-care center for low-income parents that he helped found 40+ years ago and working with the tenants at the family’s commercial buildings to keep the tenants (all people of color and immigrants) in business. He is married 40+ years and has two highly successful sons in business, following degrees at two ivy-league schools and the University of Michigan. George has degrees in Aerospace Engineering, Education, and the MBA, all from the University of Southern California. George still competes in the 50 Meter and 100 Meter Dashes. He is very proud to say that his understanding of the business world and finance comes from reading the Wall Street Journal every day since he was 15.
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St Jude Hospital: https://www.stjude.org/
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Wilson’s No Kill Animal Shelter: https://wcnkas.org
TRUST ME – YOU WILL LIKE THE BELOW BLOGS! {IT’S FREE!}
PART ONE: HOLIDAY GIFTS FOR THE KIDS: BUY THE TOY COMPANY, NOT THE TOYS {THREE PART SERIES} – GUEST BLOGGER: George Wong
PART TWO: OWN THE COMPANY THAT MAKES AND SELLS THE TOYS – PART TWO OF THREE: HOLIDAY GIFTS FOR THE KIDS; BUY THE TOY COMPANY, NOT THE TOYS – GUEST AUTHOR: George Wong
PART THREE/FINAL: TAKEAWAYS – HOLIDAY GIFTS FOR THE KIDS; BUY THE TOY COMPANY, NOT THE TOYS – GUEST BLOGGER: George Wong
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ABOUT ME
I am a proud nerd (as my beautiful wife and daughter have told me) investment and finance blogger with an N.C. State, Chemical Engineering, University Rutgers, MBA and Harvard University, Advanced Management education.
I left a corporate career because I desired to make a difference as a speaker and writer. I was blessed to be coached and mentored by strong women and men in my family and professional life. It is my time to serve and give back.
DISCLAIMER
I started my first business at ~13 years of age (a small but brilliantly created plant nursery). I am a successful investor in stocks, options, real estate and am happy to share my finance and investment lessons. I am NOT a licensed financial advisor. Please do not construe my suggestions on this blog as recommendations for your situation.As an investor, you must establish your risk/loss tolerance. Investment in any asset involves risk, including complete loss.
Please seek your licensed CPA or fiduciary financial advisors for individual financial advice.
I write this weekly blog to make an impact by reaching an audience and demonstrating the need for financial literacy. I will help you get there.