$ WEALTH BUILDING POWERS

by Powers Investments Management, LLC May 4, 2020
Financial Literacy , INSURANCE AND ILLNESSES , Investments

COMING OUT OF COVID-19 AND RETURNING TO “NORMAL” SHOULD BE A NON-STARTER – OUR KID’S AND GRANDKIDS’ LIVES DEPEND ON GETTING SOMEPLACE BETTER

  CHICAGO ONCE HAD THE COURAGE TO REBUILD    In 1871, the citizens of Chicago used a devastating crisis that left 300 dead, destroyed over 17,000 buildings, covering 3.5 square miles, and caused damage of over $200 million (nearly $4 billion today) to rebuild a much greater city.  A year before the great fire, Chicago was the fifth largest city in America. Just two decades after the fire, it was the second largest. ...

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by Powers Investments Management, LLC April 27, 2020
Financial Literacy , INSURANCE AND ILLNESSES , Mentors

WAKING FROM THE COVID-19 NIGHTMARE – BETTER, RICHER AND SMARTER!

Successful people have much more than talent. They have a drive to continuously learn new things and strengthen themselves.  As we come out of this COVID-19 nightmare, your ability to add new skills and competencies will be SUPER important, because there will be fewer jobs. JOBS HAVE AND WILL BE PERMANENTLY ELIMINATED   Ten to twenty percent of restaurants will simply not reopen. When restaurants do reopen with social distancing as the ...

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by Powers Investments Management, LLC April 20, 2020
COVID -19 , Financial Literacy , INSURANCE AND ILLNESSES , Investments

COVID-19 HAS KILLED NUMEROUS “ESSENTIAL WORKERS” – AMERICA’S EMPLOYEES ARE NOT DISPOSABLE!

For over 30 years, I worked in the field of Environmental, Health and Safety. My responsibility - to protect the lives and health of thousands of employees in several countries. COVID-19 reminds me daily of the critical importance of protecting human life.  I have seen and experienced too many occasions where company’s placed PROFIT OVER PEOPLE.  That prioritization may benefit a company in short term results. But, I have watched Fortune ...

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by Powers Investments Management, LLC April 13, 2020
Financial Literacy , INSURANCE AND ILLNESSES

THE S&P 500 REBOUNDED 25% IN THREE WEEKS –  BUT THE WORSE MAY NOT BE OVER 

    Good Morning Readers! Wishing you all a belated Happy Easter; Happy Passover; and a WONDERFUL WEEK! Has the stock market bottomed? Covid-19 has caused over 100,000 global deaths and tens of millions are unemployed in the U.S.  The U.S. lost more than 16 million jobs over the past three weeks which is ~10% of our overall workforce. The number filing for unemployment benefits last week totaled more than 6 million, tying a ...

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by Powers Investments Management, LLC April 6, 2020
Financial Literacy , INSURANCE AND ILLNESSES

 A CALIBRATED LIFTING OF THE CORONAVIRUS EMERGENCY SHUTDOWN

A partial lifting of the coronavirus lockdown is the most likely scenario.  Otherwise the United States (U. S.) risks a financial Depression!  In the future, there will be some relaxation for “non-essential” businesses to slowly return to work - WHEN THEY CAN ENSURE THE SAFETY AND HEALTH OF THEIR EMPLOYEES AND COMMUNITIES FROM COVID-19.  It will be a gradual and safe return to work strategy. Recognize employees will be afraid to return, as the ...

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by Powers Investments Management, LLC March 30, 2020
Financial Literacy , INSURANCE AND ILLNESSES

THERE IS ONE THING WE CAN ALL DO TO HELP SOME OF OUR TRUE HEROES

In 2019, the United Sates (U. S.) saw over 5,000 men and women  killed in work related accidents.  Let that sink in.  Over five thousand families saw a loved one depart for their work shift and never again return home.  Unfortunately that is our norm.  Prior to COVID-19, we expected that number to remain the same or slightly increase.  But now as so many jobs have been shut down, the ...

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by Powers Investments Management, LLC March 23, 2020
Financial Literacy , INSURANCE AND ILLNESSES , WEALTH BUILDING POWERS

WHEN FEAR RUNS HIGH, THE NEED FOR COURAGE MUST RUN HIGHER!

  THANK YOU TO ALL THE PEOPLE KEEPING AMERICA GOING!   A special thank you to all the men and women in health services who are staying on the job to protect us.  The men and women staffing and restocking grocery stories, drug stores and convenience stores.  And all the others going out every day to keep our economy going as close to normal as possible.  Thank you to those working in police, ...

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by Powers Investments Management, LLC March 16, 2020
Financial Literacy , INSURANCE AND ILLNESSES , RETIREMENT

PANICKING WILL NOT ERADICATE THE CORONAVIRUS PROBLEMS

  Fears of health and economic fallout from the coronavirus outbreak pushed the U. S. Stock Markets into Bear territory (down at least 20%) this week. Of course, we are ALL concerned, but panicking has never fixed any of my problem. {Maybe with the exception of that monster from my childhood closet. It was YUGEEEEE!} PLEASE STOP HOARDING TOILET PAPER {WHY TOILET PAPER?}, SANITIZERS, AND EVERYTHING ELSE!   You can’t find hand ...

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by Powers Investments Management, LLC March 9, 2020
Financial Literacy , INSURANCE AND ILLNESSES

AT LAST! A POSITIVE FROM THE CORONAVIRUS – NOW IS THE TIME REFINANCE OR OBTAIN YOUR MORTGAGE

  Vice President Pence was criticized when he stated the best way for the American people to calm down - “turn off the television sets”.  I happen to agree,  as the media is feeding the panic. I work from home and keep a business/investment channel on my televisions.  But often mute the televisions because I do not want to hear paid “Talking Heads” reading or making up their opinions.  The enemy of ...

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by Powers Investments Management, LLC March 2, 2020
Financial Literacy , INSURANCE AND ILLNESSES

HOW TO MANAGE CORONAVIRUS HEALTH AND INVESTMENT RISK

{Continuation from last week’s blog:}  WHEN THE U. S. HAS A COUGH THE REST OF THE WORLD CATCHES A COLD – WHAT HAPPENS WHEN CHINA HAS A CORONAVIRUS? https://wealthbuildingpowers.com/2020/02/24/when-the-u-s-has-a-cough-the-rest-of-the-world-catches-a-cold-what-happens-when-china-has-a-coronavirus/}   Last week I attended several sessions where U. S. Administration officials, including Vice President Pence, discussed the Coronavirus, known risk and actions the U. S. has and is taking.  Fifty-nine countries are reporting Coronavirus cases and as of March 1, 2020, there has ...

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