by Powers Investments Management, LLC May 20, 2019
Financial Literacy

NOTHING YOU WILL DO IN YOUR LIFETIME REALISTICALLY, WILL WASTE MORE MONEY THAN BUYING A NEW CAR!

NEW CARS VERSUS A HUGE JUMP IN YOUR NET-WORTH I often hear or read similar below comments: I have $80,000 in college loans that are killing me. Backbreaking DEBT! I cannot afford to contribute to my 401K.I will never be able to retire.Life is unfair!I just purchased a brand new Porsche! 718 Cayman Porsche - Is It Worth It? Wait one minute - did you just say, you owe $80,000 in college loans; contribute $0 ...

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by Powers Investments Management, LLC May 13, 2019
Financial Literacy , Mentors

PETER LYNCH MADE THOUSANDS OF PEOPLE MILLIONAIRES – EVER HEARD OF HIM?

THE BATTLE - PETER LYNCH VERSUS WARREN BUFFETT Years ago my friend Wendell Williams, told me I should invest in the Fidelity Magellan Mutual Fund. I had one problem; I did not know what a mutual fund was.  Had never heard of Fidelity Investments.  And was clueless how to open an investment account.  Maybe I had several problems!  But it was this suggestion that started my long-term investment journey and a path to becoming financially literate.  I ...

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by Powers Investments Management, LLC May 11, 2019
Financial Literacy

PURDUE GOING ON EIGHT YEARS WITHOUT A TUITION INCREASE- PROVING IT IS ACHIEVABLE

https://www.purdueexponent.org/campus/article_4e72cfe6-33b5-11e9-b20b-f32cccc069cf.html Purdue University President Achieves Fiscal Responsibility The freeze continues — Purdue President Mitch Daniels announced Monday that the 2012 tuition freeze will continue for the eighth consecutive year. In addition to the freeze, all West Lafayette campus staff with an income of $75,000 or less that have been employed as of Dec. 31 will receive a $500 appreciation payment this spring.   The tuition freeze means that six graduating classes have now gone ...

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by Powers Investments Management, LLC April 29, 2019
Financial Literacy

HOW COLLEGES FOOL YOU INTO OVERPAYING FOR UNDER PERFORMANCE

For the past ten years, inflation has averaged less than two percent with two exceptions:  Health Care (~six percent) and College Tuition (~eight percent).  An eight percent college inflation rate means the cost of college doubles every nine years. Think of it this way, if your 18-year-old daughter enters a State University in 2019, you/she will pay over $100,000.  If nine years later your nine-year-old son decides to attend college, you/he will pay ...

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by Powers Investments Management, LLC April 22, 2019
Financial Literacy , WEALTH BUILDING POWERS

{PART 4 OF 4} THE SOLUTIONS TO OUR COMMON NATIONAL PROBLEMS IMPACTING EVERY AMERICAN

(OUR) GOVERNMENTS (FEDERAL, STATE AND LOCAL) MUST BE BETTER AND MORE EFFECTIVE.   WE CANNOT AND WILL NOT SUCEED WITHOUT THEIR HELP!   THE REST OF US MUST DO A BETTER JOB TOO!  {Excerpts FROM JAMIE DIMON, CEO J.P. MORGAN CHASE, CEO AND CHAIRMAN OF THE BOARD, ANNUAL LETTER- Public Policy}  “The U.S. federal government is becoming less relevant to what is going on in people’s lives. People have generally lost faith in the ability ...

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by Powers Investments Management, LLC April 19, 2019
Financial Literacy , WEALTH BUILDING POWERS

{PART 3 OF 4} SOLUTIONS TO THE CRITICAL ISSUES DESTROYING OUR COUNTRY AND YOUR FUTURE

PART 3: “OUR PROBLEMS ARE FIXABLE, BUT WILL HAPPEN ONLY IF WE SET ASIDE PARTISAN POLITICS AND NARROW SELF INTEREST - OUR COUNTRY MUST COME FIRST!”  {Excerpts FROM JAMIE DIAMOND, CEO J.P. MORGAN CHASE, CEO AND CHAIRMAN OF THE BOARD, ANNUAL LETTER- Public Policy}  “None of these issues is exclusively owned by Democrats or Republicans. To the contrary, it is clear that partisan politics is stopping collaborative policy from being implemented, particularly ...

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by Powers Investments Management, LLC April 17, 2019
Financial Literacy , WEALTH BUILDING POWERS

REAL SOLUTIONS TO THE CRITICAL ISSUES DESTROYING OUR COUNTRY AND YOUR FUTURE {PART 2 OF 4}

PART 2:  “WE MUST HAVE A PROPER DIAGNOSIS OF OUR PROBLEMS - THE ISSUES ARE REAL AND SERIOUS — IF WE WANT TO HAVE THE PROPE PRESCRIPTIONS THAT LEADS TO WORKABLE SOLUTIONS” {PART 2 of 4 - Excerpts FROM JAMIE DIAMOND, CEO J.P. MORGAN CHASE, ANNUAL LETTER - Public Policy}  “Slogans are not policy, and, though simple and sometimes virtuous-sounding, they often lead to policies that fail. Well-intentioned but poorly designed policies ...

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by Powers Investments Management, LLC April 15, 2019
Financial Literacy , WEALTH BUILDING POWERS

REAL SOLUTIONS TO THE CRITICAL ISSUES DESTROYING OUR COUNTRY AND YOUR FUTURE {PART 1 OF 4}

THE AMERICAN DREAM IS ALIVE - BUT FRAYING FOR MANY! } {Excerpts FROM JAMIE DIMON, CEO J.P. MORGAN CHASE, ANNUALLETTER- Public Policy} {PART 1 of 4 This week I am posting four excerpts from Jamie Dimon’s, CEO J.P. Morgan-Chase, Annual Letter dealing with Public Policy.  This week,I will post on Monday April 15th,  Wednesday, April 17th, Friday April 19thand Monday, April 22, 2019. FINDING GOOD MENTORS With today’s electronic communication we do not need to ...

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by Powers Investments Management, LLC April 8, 2019
Financial Literacy

ALL THE REASONS YOUR FINANCIAL WELL-BEING IS TERRIFYING! ———TIME TO FIX IT!

FINANCIAL LITERACY   Read:  FINANCIAL LITERACY IS JUST NOT THAT COMPLICATED – TRUST ME! Click below link https://wealthbuildingpowers.com/2019/04/01/financial-literacy-is-just-not-that-complicated-trust-me/Reduce spending to live within your means. BUDGETING Read: Do You Want or Need a Cadillac? Click below link HTTPS://wealthbuildingpowers.com/2018/01/23/DO-YOU-WANT-OR-NEED-A-CADILLAC/ Calculate how and what you spend your money on now and then figure out how to put more of YOUR HARD EARNED MONEY TO WORK - WHILE YOU SLEEP!  Track your spending and see where your money is actually going because you will see opportunities to ...

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