$ WEALTH BUILDING POWERS

by Powers Investments Management, LLC December 9, 2019
Financial Literacy , Investments , Savings , Wealth Building

DO BLACKS LAG WHITES IN FINDING GOOD JOBS AND BUILDING WEALTH IN 2019?

You have to decide how you’re going to show up in life,” she said. “I’ve used some of my differences as a way to stand out and to hopefully count and matter — and hopefully create an opportunity for others.” Her advice to those who may want to follow in her footsteps: “Be confident in your own ideas.” “Be brave,” she said. “Bravery is not the absence of fear, it is overcoming ...

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by Powers Investments Management, LLC August 12, 2019
Financial Literacy , Investments , RETIREMENT

THE ABSOLUTE BEST WEDDING GIFT YOU CAN EVER GIVE YOUR CHILD!

BEST WEDDING PRESENT! This weekend we are attending the wedding of my college best friend, Clifton’s son. The couple will have college loans as the bride is currently in Medical School. As parents, Clifton and I ponder the choice of paying for an expensive wedding versus INVESTING IN YOUR FUTURE. And as two financially conservative men, we advise reducing the wedding size and cost and investing the money. AVERAGE ...

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by Powers Investments Management, LLC July 29, 2019
Investments , RETIREMENT

NOT SURE WHAT TO DO WITH YOUR 401K WHEN RETIRING? SOME OPTIONS

Congratulations on accumulating a YUGEEE portion of your retirement money in a 401-K! As you approach retirement you need to decide what to do with YOUR HARD EARNED MONEY, currently sitting in one or more 401K Plans. This is a nice problem to have!  SOME OPTIONS FOR AFTER RETIREMENT Keep your money in your 401-K Plan(s).Roll into an IRA or a ROTH IRA and convert to Exchange Traded Funds (ETFs), to lower fees.There ...

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by Powers Investments Management, LLC June 10, 2019
401k millionaires
Investments , RETIREMENT

DO YOU WANT TO JOIN THE 401K PLAN MILLIONAIRE CLUB? {KINDA OF LIKE THE MILE HIGH CLUB – BUT A LOT LONGER LASTING!}

THE MILLIONAIRE STARTER KIT - 401-K PLAN Top of the Day Dear Readers!  There are too many savings strategies that require quantum physics to understand.  Personally I hated physics.  One of the best and simplest strategies I used to maximize my wealth is the 401-K plan, especially when powered by compound interest. When you combine the magic of compounding with the 401K you will see why it is a millionaire-building tool!  ADVANTAGES OF A ...

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