LEVERAGE FOR LACK OF A BETTER WORD IS GOOD!

In the 1987 movie, Wall Street, actor Michael Douglas as Gordon Gekko, said, "Greed, for lack of a better word, is good."  The reality is  greed wrecked our economy causing the 2008 Real Estate and Stock Market recession!   Greed may put some Kodak Company executives in prison for alleged insider stock trading.  So, let’s replace the word greed with LEVERAGE. Leverage/Debt is a powerful tool, when SMARTLY utilized in real ...

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A BRICK-MASON’S JOURNEY TO BECOMING A  MILLIONAIRE!

   I grew up in small southern town in North Carolina (NC) where there were more  chickens than people. In High School, my classmates self-divided into two groups being those who applied to college and those who wanted to immediately work after graduation.  Since birth I heard, “you are going to college OR ELSE” so I applied to college and graduated with a degree in Chemical Engineering.  One of my classmates ...

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ANYONE CAN BUY STOCKS – READ THIS IF YOU WANT TO MAKE MONEY!

  Since the March crash, the stock market is on a bull run and new investors are jumping in the pool!  Just in March 2020, more people opened an account with E-Trade than all of 2019!  Several of you have asked my advice on buying individual stocks. A STOCK PRICE CAN DO THREE THINGS:  Go Up Stay Flat Go Down. You and I want to invest in companies whose shares are going up.  ...

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BUYING FRACTIONAL SHARES CAN MAKE OR LOSE YOUR HARD-EARNED MONEY

  Both major and small brokerage firms, such as Fidelity and Charles Schwab now permit the purchase of fractional shares. A fractional share purchase allows you to buy a small portion of a stock, with as little as $5.00. Meaning you can own a fraction of an expensive stock like Amazon or Tesla.  {Not recommending these stocks!}    BROKERAGE FIRMS ALLOWING FRACTIONAL SHARE PURCHASES BROKERAGE TRADING FEES ACCOUNT MINIMUMS and MINIMUM SIZED FRACTIONAL SHARES Charles Schwab $0/trade $5.00 minimum ...

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INVESTING IN STOCKS IS COLOR BLIND – WHAT IS STOPPING YOU?

    Albert Einstein stated, “Compound interest is the 8th wonder of the world. He who understands it, (the financially literate) earns it; he who doesn't, pays it.”   Compounding normally refers to a bank account, and generally means you will collect interest on your money. Moreover, compounding also applies to other investments such as real estate and stock ownership. Example- On January 2, 2020, you purchased one share of Powers, Inc., at a price of ...

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IT IS ALL ABOUT LEARNING; IT IS NOT ABOUT SCHOOL {GUEST AUTHOR – Deborah L. Grubbe, PE, CEng}

    Last week I discussed the critical importance of financial literacy.  Continuing the importance of learning, I asked a good friend, Deb Grubbe, for her thoughts.   By: Deborah L. Grubbe, PE, CEng   “I sat in a class of 50 kids for my total 8 years of Catholic education.   The size of the classroom and the rank of the system means absolutely nothing if the student is disciplined, the teachers are devoted, and ...

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AN ACHIEVABLE SOLUTION TO THE RACIAL EQUALITY GAP

  Recent weeks activities have included: Peaceful protest, Violence, Looting, Property Destruction, Lynching of statues (I don’t get that one) a Black Lives Matter, so called leader, stated “If we do not get the changes we demand, we will burn this government down”, and the popular Defund the Police.  So far, every action has resulted in ZERO change and I expect that to be the case this time next year.   One action ...

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