$ WEALTH BUILDING POWERS

by Powers Investments Management, LLC March 9, 2022
FINANCIAL LITERACY , INVESTMENTS , MENTORS

A RAINBOW OF ROLE MODELS {WEDNESDAY SERIES}  – LEGENDARY INVESTOR JOHN ROGERS JR

THIS WEEK ARIEL, IN PARTNERSHIP WITH SCHWAB, RELEASED THEIR ANNUAL SURVEY OF THE FINANCIAL HABITS OF BLACK AMERICANS. THE FINDINGS, WHILE SHOWING GLIMMERS OF HOPE, REINFORCE HOW MUCH OF AN INVESTING DISPARITY REMAINS. "THE DEEP-ROOTED GAP IN PARTICIPATION BETWEEN THE GROUPS PERSISTS, WITH 55% OF BLACK AMERICANS AND 71% OF WHITE AMERICANS REPORTING STOCK MARKET INVESTMENTS. THIS DISPARITY, COMPOUNDED OVER TIME, MEANS THAT MIDDLE-CLASS BLACK AMERICANS WILL HAVE LESS MONEY SAVED FOR RETIREMENT ...

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by Powers Investments Management, LLC May 4, 2020
FINANCIAL LITERACY , INSURANCE AND ILLNESSES , INVESTMENTS

COMING OUT OF COVID-19 AND RETURNING TO “NORMAL” SHOULD BE A NON-STARTER – OUR KID’S AND GRANDKIDS’ LIVES DEPEND ON GETTING SOMEPLACE BETTER

  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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