"When I buy a stock, I don't care if they close the stock market tomorrow for a couple of years because I'm looking to the business, Coca-Cola {Apple, Amazon, etc.) or whatever it may be, to produce returns for me in the future. Now, if I care whether the stock market is open tomorrow, then to some extent, I'm speculating because I'm thinking about whether the price is going to ...
Read MoreCALIFORNIA HAS THE BEST PLAN YET – TO WIDEN AMERICA’S RACIAL WEALTH GAP!
Education leads to higher earnings leading to Financial Freedom. This California proposal to cancel math will widen the wealth gaps between races.
Read MoreIf you missed the top ten best days in the S&P 500 for the past nine decades (Total of 90 days forgotten out of ~2,340 total days), your ROI was 91%. If you had simply sat through the ups and downs and been in for ALL 2,340 days, your returns were 14,962%.
Read MoreWE CAN FINALLY SOLVE THE RACIAL EDUCATION, HEALTH AND WEALTH GAPS IN AMERICA WITH FINANCIAL LITERACY
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.
Read MoreBoth 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 ...
Read MoreTHE 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 ...
Read MoreCOMING 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. ...
Read MoreCOVID-19 HAS KILLED NUMEROUS “ESSENTIAL WORKERS” – AMERICA’S EMPLOYEES ARE NOT DISPOSABLE!
For over 30 years, I worked in the field of Environmental, Health and Safety. My responsibility - to protect the lives and health of thousands of employees in several countries. COVID-19 reminds me daily of the critical importance of protecting human life. I have seen and experienced too many occasions where company’s placed PROFIT OVER PEOPLE. That prioritization may benefit a company in short term results. But, I have watched Fortune ...
Read MoreTHE 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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