$ WEALTH BUILDING POWERS

by Powers Investments Management, LLC April 13, 2020
FINANCIAL LITERACY , INSURANCE AND ILLNESSES

THE S&P 500 REBOUNDED 25% IN THREE WEEKS –  BUT THE WORSE MAY NOT BE OVER 

    Good Morning Readers! Wishing you all a belated Happy Easter; Happy Passover; and a WONDERFUL WEEK! Has the stock market bottomed? Covid-19 has caused over 100,000 global deaths and tens of millions are unemployed in the U.S.  The U.S. lost more than 16 million jobs over the past three weeks which is ~10% of our overall workforce. The number filing for unemployment benefits last week totaled more than 6 million, tying a ...

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by Powers Investments Management, LLC April 6, 2020
FINANCIAL LITERACY , INSURANCE AND ILLNESSES

 A CALIBRATED LIFTING OF THE CORONAVIRUS EMERGENCY SHUTDOWN

A partial lifting of the coronavirus lockdown is the most likely scenario.  Otherwise the United States (U. S.) risks a financial Depression!  In the future, there will be some relaxation for “non-essential” businesses to slowly return to work - WHEN THEY CAN ENSURE THE SAFETY AND HEALTH OF THEIR EMPLOYEES AND COMMUNITIES FROM COVID-19.  It will be a gradual and safe return to work strategy. Recognize employees will be afraid to return, as the ...

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by Powers Investments Management, LLC March 16, 2020
FINANCIAL LITERACY , INSURANCE AND ILLNESSES , RETIREMENT

PANICKING WILL NOT ERADICATE THE CORONAVIRUS PROBLEMS

  Fears of health and economic fallout from the coronavirus outbreak pushed the U. S. Stock Markets into Bear territory (down at least 20%) this week. Of course, we are ALL concerned, but panicking has never fixed any of my problem. {Maybe with the exception of that monster from my childhood closet. It was YUGEEEEE!} PLEASE STOP HOARDING TOILET PAPER {WHY TOILET PAPER?}, SANITIZERS, AND EVERYTHING ELSE!   You can’t find hand ...

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by Powers Investments Management, LLC March 9, 2020
FINANCIAL LITERACY , INSURANCE AND ILLNESSES

AT LAST! A POSITIVE FROM THE CORONAVIRUS – NOW IS THE TIME REFINANCE OR OBTAIN YOUR MORTGAGE

  Vice President Pence was criticized when he stated the best way for the American people to calm down - “turn off the television sets”.  I happen to agree,  as the media is feeding the panic. I work from home and keep a business/investment channel on my televisions.  But often mute the televisions because I do not want to hear paid “Talking Heads” reading or making up their opinions.  The enemy of ...

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by Powers Investments Management, LLC March 2, 2020
FINANCIAL LITERACY , INSURANCE AND ILLNESSES

HOW TO MANAGE CORONAVIRUS HEALTH AND INVESTMENT RISK

{Continuation from last week’s blog:}  WHEN THE U. S. HAS A COUGH THE REST OF THE WORLD CATCHES A COLD – WHAT HAPPENS WHEN CHINA HAS A CORONAVIRUS? https://wealthbuildingpowers.com/2020/02/24/when-the-u-s-has-a-cough-the-rest-of-the-world-catches-a-cold-what-happens-when-china-has-a-coronavirus/}   Last week I attended several sessions where U. S. Administration officials, including Vice President Pence, discussed the Coronavirus, known risk and actions the U. S. has and is taking.  Fifty-nine countries are reporting Coronavirus cases and as of March 1, 2020, there has ...

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