nvesting in the stock market teaches investments basics. Your lessons learned transfer to other types of investments. The fundamentals to good stock investing are like different types of investing, such as real estate, bonds, precious metals, etc.
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Rivian's stock launched on November 10, 2021. Approximately 153 million shares sold at an offering price of $78.00 to the lucky and already wealthy investors. The shares began trading on the Nasdaq at $106.75. With ONLY 156 trucks produced Rivian is valued at over $100 Billion. General Motors will produce about 2.5 million vehicles (in U.S. and Canada) in 2021 and has a valuation of ONLY $92 Billion.
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he four richest men in the U.S. — Jeff Bezos, Elon Musk, Bill Gates, and Mark Zuckerberg have the majority of their net-worth invested in companies they founded. In 2020 their total net-worth INCREASED by $229 billion. Some will ask if that is fair? Regardless of that answer, the better question is, why are you not studying their companies for potential investments?
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Now is the time to build your financial literacy so you can in the near future successfully invest and close your own wealth gap. Investing in the stock market is not reserved for the wealthy, or those with fancy degrees and titles.
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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 ...
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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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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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THE ONE PERSON YOU MOST WANT TO INVITE TO DINNER
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The partial government shutdown, which began Dec. 22, 2018, has stretched well into 2019 and may continue for weeks or months given the two parties inability to negotiate and behave like middle grade children. About 420,000 "essential" employees are working without pay, while another 380,000 have been ordered to stay home. In some cases, the furloughs have forced government employees to tap into their savings, apply for unemployment, add to their ...
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HAPPY NEW YEAR! I hope everyone enjoyed the holidays and were able to spend time with friends and family. How do we make 2019 a successful financial and investment year? You control the most important variable that determines 2019 and tomorrow’s success- YOU! What are you doing to achieve success in 2019? Did you write those boring New Year Eve promises that 63% of us, including myself, get an F grade on ...
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