$ WEALTH BUILDING POWERS - Page 54 of 69 -

by Powers Investments Management, LLC July 27, 2020

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 ...

by Powers Investments Management, LLC July 20, 2020

WEALTH BUILDING POWERS

BLACK LIVES MATTER AND YES, ALL LIVES MATTER by Contributing Author: Brenda Cannady

"Black Lives Matter!!! And for the folks in the back row, let me say it again, BLACK LIVES MATTER. And yes, also All Lives Matter: Children’s Lives Matter, Indigenous Lives Matter and Animals Lives Matter too. Every life form that God has whispered the sweet breath of life into matters. Recognizing the problems and inequities with an intention to provide resources and corrective actions to reform conditions in one group, ...

by Powers Investments Management, LLC July 13, 2020

FINANCIAL LITERACY , INVESTMENTS

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 ...

by Powers Investments Management, LLC July 6, 2020

FINANCIAL LITERACY

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 ...

by Powers Investments Management, LLC June 29, 2020

FINANCIAL LITERACY , WEALTH BUILDING POWERS

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 ...

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 ...

by Powers Investments Management, LLC June 15, 2020

MENTORS

MITCH DANIELS, PRESIDENT PURDUE UNIVERSITY, TIMELY COMMENCEMENT ADDRESS

Mitch Daniels, is President Purdue University and served as the 49th Governor of Indiana, from 2005 to 2013. I wrote about Mr. Daniels, successful efforts to freeze tuition in 2019. PURDUE GOING ON EIGHT YEARS WITHOUT A TUITION INCREASE- PROVING IT IS ACHIEVABLE https://wealthbuildingpowers.com/2019/05/11/purdue-going-on-eight-years-without-a-tuition-increase-proving-it-is-achievable/ Purdue University will freeze tuition for the 9th straight year, holding it at 2012 levels through 2021-2022. Fifty-nine percent of Purdue West Lafayette students graduated debt-free in 2018-2019, compared ...

by Powers Investments Management, LLC June 8, 2020

FINANCIAL LITERACY , INVESTMENTS

MISSING IN ACTION BLACK FATHERS AND RACIAL INEQUALITIES

This has been a tough week. Peaceful protestors; Criminals looting and damaging businesses and properties; Two Police officers killed, and hundreds wounded; Social media overflowing with words, pictures, slogans. So far, the only solution I have heard widely articulated is defund the Police. IF BLACK LIVES MATTER, DEFUNDING THE POLICE IS THE WORSE IDEA I HAVE HEARD THIS WEEK Chicago demonstrates the results when you inadequately fund the Police. Chicago’s ratio of Police ...

by Powers Investments Management, LLC June 1, 2020

MENTORS

RELEVANT TODAY – DR. MARTIN LUTHER KING, JR’S, 1963 LETTER FROM THE BIRMINGHAM JAIL

The inhumane and unjust circumstances surrounding the death of George Floyd, in Minneapolis, left many in our country, regardless of color, feeling sorrow, shame and anger. Over the weekend we witnessed both grief and anger displayed. There have been thousands of acts of vandalism and stealing against businesses that were in some cases hundreds of miles from Minneapolis. IN HIS OWN WORDS: DR. MARTIN LUTHER KING JR. King’s famous 1963 “Letter from ...

by Powers Investments Management, LLC May 25, 2020

FINANCIAL LITERACY , INVESTMENTS , WEALTH BUILDING POWERS

UNIVERSITY OF CALIFORNIA IS DROPPING THE SAT AND ACT STANDARIDIZED TEST FOR POLITICAL REASONS. A DECISION THAT WILL HARM MINORITY AND ALL STUDENTS!

CONTRIBUTING AUTHOR – BILL POWERS; Author of The Pharm House & The Torch is Passed http://authorbillpowers.com The University of California (UC) decided to eliminate the SAT and ACT as an admissions criterion because the standardized tests were deemed to be discriminatory against minorities. UC failed to explain or even address how Asians appear to be immune to the discriminatory effects of the SAT/ACT. The school setup a committee to identify a possible “non-discriminatory” replacement ...

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