Along with continuous education, "One Up On Wall Street" helped me transition from gambling in the stock market to long-term stock investing. One essential lesson - how to identify potential "ten baggers". Ten baggers are investments where the initial investment is multiplied by ten or more!
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It is smart to teach your kids about investing by buying them stock. My favorite gift for my daughter and niece - buying them shares of stock!
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In all families that build their own wealth from the ground up, a culture of active and continuous learning around financial literacy is created and fostered.
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On Christmas Day 2005, and before our Christmas luncheon, we gathered the five nephews and nieces, then ages 8 to 15, to explain their gifts. We told them that it was about owing companies, not toys. We asked them to consider companies they are familiar with - like Nike, Mattel, Coca Cola, Bank of America, etc. and get back to us in January so that we can purchase the stocks and seed ...
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Introducing a three-part series authored by my friend, George Wong. George and his wife embarked on a 56-year Financial Literacy case study working with FOUR generations of family members. George's motivation is to increase family members of all ages financial literacy and lay the groundwork for achieving legacy wealth. I hope you learn, enjoy and REPLICATE!
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A budget is boring, anal and helped me achieve financial freedom.
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Fatherlessness has reached crisis proportions in the last few decades. Starting in the 1960s, feminism encouraged sexual liberation and discouraged the "oppressive" patriarchy of a two-parent family structure. Fatherlessness exploded and – half a century later – shows no signs of slowing down. The statistics are grim: 63% of child suicides, 85% of all children with behavioral disorders and 71% of all high school dropouts come from fatherless homes. Fatherless ...
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The absolute BEST INVESTMENTS I MADE were not the appreciating assets routinely discussed in my blog, {Stocks; ETFs; Real estate, Bonds; Cryptocurrencies; REITs, etc.}The best investment I made was to strengthen my skills and competencies.
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“Looking back,” Johnson wrote in his biographical blurb, “I would tell children who are on the fence about pursuing STEM that there is such a wide range of possible professions, not just coding, or machinery, which comes to mind when hearing ‘engineering.’ The world of opportunities is never-ending.”
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I am proud to support the Future of STEM Scholars Initiative! Encourage college-bound science and engineering students you know to apply for these scholarships. In addition to needed funds, FOSSI provides leadership development, mentoring and internship opportunities with program sponsors, and access to student networking events.
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