$ WEALTH BUILDING POWERS

by Powers Investments Management, LLC September 20, 2018
FINANCIAL LITERACY , RETIREMENT

DO NOT DONATE YOUR HARD EARBED MONEY FROM YOUR RETIREMENT ACCOUNTS TO COLLEGES TO PAY FOR YOUR KIDS EDUCATION!

Years ago, due to a layoff, my friend faced the dilemma of cashing in his 401-K Plan for his kids education or letting them take college loans. Today this is a common dilemma many parents face. Seventy five percent of parents report a willingness to delay retirement to help their kids get through college. It is expected by 2024, ~25% of those 65 and older will ...

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INVESTMENTS , WEALTH BUILDING POWERS

CASH IS LIKE MANURE- YOU HAVE TO SPREAD IT AROUND TO MAKE YOUR INVESTMENTS GROW!

I have recently read several articles stating cash is awful. It concerns me so much, I am willing to make the ultimate sacrifice and take that EVIL cash off your hands. Just mail that evil paper money to me! In reality, we use cash to buy assets that hopefully will increase in value AND beat inflation. Every investment I have made (good and bad), came from cash - home ...

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INVESTMENTS

MOM, DAD, CAN YOU SPARE $250,000…..PLEASE!

When my daughter was born 25 years ago, I needed over $100,000+ to pay for her education. That was a lot of money than and now. Fortunately, I read about an education savings tool, the Custodian - UTMA/UGMA, which I used to invest for her education and minimize taxes. I invested 50% of my savings into Apple shares. Those investments, coupled with the good careers my ...

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