$ WEALTH BUILDING POWERS

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 November 15, 2018
INVESTMENTS , SAVINGS

WEALTHY FOLKS BENEFIT FROM DOLLAR COST AVERAGING – WHY DON’T YOU?

To take advantage of ups and downs in the price of stocks, many investors, including myself, utilize Dollar Cost Averaging (DCA) as a strategy. DOLLAR COST AVERAGING: is an automated and disciplined investment strategy. It removes emotions from the investment process because you are investing a fixed amount of money at set periods. As the price of an ETF, Mutual Fund, or stock varies from month to month, you acquire the ...

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INVESTMENTS

DID YOU BUY, HOLD OR SELL IN OCTOBER – WHILE THE MARKET LOST $2 TRILLION?

Many investors both institutional and individuals sold in October 2018. What about you? I am not smart enough to guess the best time to get out and return to the market, so I held my positions. I have survived numerous corrections, like this October 2018, where I lost significant PAPER Net-Worth. BY recognizing my inability to time the market and just sit still, my Net-Worth increases most years. Taking No Action ...

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