$ WEALTH BUILDING POWERS

by Powers Investments Management, LLC April 13, 2022
FINANCIAL LITERACY , INVESTMENTS , MENTORS

RAINBOW OF ROLE MODELS – JASMIN FOSTER’S BLACK WOMAN OWNED STATIONARY BRAND IS BRINGING DEI TO TARGET!

When I saw the products in the marketplace, there was never anyone on the cover who looked like me. And the language always felt like they weren’t speaking to me or my community. I wanted to change the face of the stationery industry. Stationery products sit with you in your office, purse and bedroom. It’s a piece of belonging that you carry everyday. I wanted to create a brand that ...

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by Powers Investments Management, LLC August 30, 2021
FINANCIAL LITERACY , INVESTMENTS , SAVINGS

BECOMING A MILLIONAIRE BY KISS-ING

I have never discovered EASY money except for winning the lottery, which has better odds than Congress doing their jobs. Today's dreamers of fast and easy $$$ are chasing Cryptocurrencies, Meme stocks (last week's blog- See You “May Like” Section Below), and other quick bucks stuff.  When you see so-called “Subject Matter Experts" advertise on Facebook, Instagram, etc. "For $999.00, TODAY ONLY, I will teach you to ……." DELETE IMMEDIATELY!  If someone has a ...

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by Powers Investments Management, LLC July 29, 2019
INVESTMENTS , RETIREMENT

NOT SURE WHAT TO DO WITH YOUR 401K WHEN RETIRING? SOME OPTIONS

Congratulations on accumulating a YUGEEE portion of your retirement money in a 401-K! As you approach retirement you need to decide what to do with YOUR HARD EARNED MONEY, currently sitting in one or more 401K Plans. This is a nice problem to have!  SOME OPTIONS FOR AFTER RETIREMENT Keep your money in your 401-K Plan(s).Roll into an IRA or a ROTH IRA and convert to Exchange Traded Funds (ETFs), to lower fees.There ...

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by Powers Investments Management, LLC May 13, 2019
FINANCIAL LITERACY , MENTORS

PETER LYNCH MADE THOUSANDS OF PEOPLE MILLIONAIRES – EVER HEARD OF HIM?

THE BATTLE - PETER LYNCH VERSUS WARREN BUFFETT Years ago my friend Wendell Williams, told me I should invest in the Fidelity Magellan Mutual Fund. I had one problem; I did not know what a mutual fund was.  Had never heard of Fidelity Investments.  And was clueless how to open an investment account.  Maybe I had several problems!  But it was this suggestion that started my long-term investment journey and a path to becoming financially literate.  I ...

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by Powers Investments Management, LLC September 6, 2018
FINANCIAL LITERACY , INVESTMENTS

YOU HAVE TWO CHOICES –YOUR COMMITMENT TO A GOOD LIFE OR FEAR. PICK!

I fear failure and have sometimes avoided risk and MY OWN DREAMS. Imagine all the great things that would NOT have happened in the world if so many denied their dreams due to fear. Some of you have expressed your fears in starting to invest. People find change to be difficult and that makes us hesitate to take actions to reduce debt, build emergency savings, fund 401-K plans and ...

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