$ WEALTH BUILDING POWERS

by Powers Investments Management, LLC February 28, 2022
401-K PLAN , FINANCIAL LITERACY , INVESTMENTS , IRA ROTH AND TRADITIONAL , RETIREMENT , SAVINGS

“WHAT CEO’S TALK ABOUT” – PODCAST INTERVIEW WITH STYRON POWERS – “FINANCIAL FREEDOM…DON’T SPEND MORE THAN YOU MAKE!”

Styron discovered that about 60% of Americans could not afford a $400.00 to $1,000.00 emergency bill - car, heating, medical, or any other sudden cost. So he started writing a blog to help his readers understand how he had personally chosen financial freedom and how to achieve it for themselves. He also does coaching and mentorship -

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by Powers Investments Management, LLC August 30, 2021
FINANCIAL LITERACY , INVESTMENTS , SAVINGS

BECOMING A MILLIONAIRE BY KISS-ING

I have never discovered EASY money except for winning the lottery, which has better odds than Congress doing their jobs. Today's dreamers of fast and easy $$$ are chasing Cryptocurrencies, Meme stocks (last week's blog- See You “May Like” Section Below), and other quick bucks stuff.  When you see so-called “Subject Matter Experts" advertise on Facebook, Instagram, etc. "For $999.00, TODAY ONLY, I will teach you to ……." DELETE IMMEDIATELY!  If someone has a ...

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by Powers Investments Management, LLC August 17, 2020
FINANCIAL LITERACY , INVESTMENTS , SAVINGS

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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by Powers Investments Management, LLC June 22, 2020
FINANCIAL LITERACY , SAVINGS

LEARNING TO MANAGE YOUR BUDGET LEADS TO WEALTH!

  Najee Hannigan, a 26-year old entrepreneur from Philadelphia, encouraged his friends and cousins to put aside $50 a week so that they could all collectively invest in something big. Two years later, they have successfully accumulated enough money to purchase their first own real estate property.  THE POWER OF BUDGETING!  They will also use budgeting to manage renovation cost and successfully rent this property.  Congratulations Majee Hannigan and friends.   2020’S UGLY ...

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by Powers Investments Management, LLC May 11, 2020
FINANCIAL LITERACY , INSURANCE AND ILLNESSES , INVESTMENTS , SAVINGS

THE NEED FOR EMERGECNY SAVINGS – MORE IMPORTANT TODAY THAN EVER!

  Shortly after starting my career, I read most likely I would work for ten companies.  I thought that ridiculous and arrogantly laughed. My last employer was my 10th – NOT so funny anymore.  I was laid off four times during the course of my career. When I look back at the career “crisis” I faced, I realize we really use the word crisis too loosely.  On a scale of 1-10 my ...

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by Powers Investments Management, LLC February 17, 2020
FINANCIAL LITERACY , SAVINGS

THE “RULE OF 72” – YES YOU NEED IT!

        Have you heard of the “Rule of 72”?  This simple rule helps your HARD-EARNED MONEY grow!  The “Rule of 72” approximates how many years it will take for your money to double, given a fixed rate of return.  The formula: {72 / interest rate = Number years to double}. How long do you believe it will take to double your money if placed in a typical U. S. savings account?   ...

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