IN SOME U.S. CITIES, A CHILD HAS BETTER ODDS OF GOING TO PRISON OR BEING MURDERED THAN CLIMBING TO THE MIDDLE CLASS!

About 70% of U.S. Congress People are millionaires.  Most members of Congress, in my opinion, deliver little value to society, but they get wealthy and enamored with power.  They care about one thing -getting reelected, which requires money.  The Teachers’ Unions donate millions of dollars to Democrat politicians.  The unions demand zero support for charter schools.   That is the nasty reality of America’s education system. 

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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 ...

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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 ...

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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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