$ WEALTH BUILDING POWERS

by Powers Investments Management, LLC June 8, 2022
INVESTMENTS , MENTORS

A RAINBOW OF ROLE MODELS {WEDNESDAY SERIES} – Ten {10} Most Powerful Business Quotes From the Business Titan – Earl G. Graves Sr.

“Earl Gilbert Graves Sr. (January 9, 1935 – April 6, 2020) was an American  entrepreneur, publisher, businessman, philanthropist, and advocate of African-American businesses. A graduate of Morgan State University, he was the founder of Black Enterprise magazine and chairman of the media company Earl G. Graves, Ltd. He was the director for Aetna and Executive Board member of the Boy Scouts of America.

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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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INTERVIEW

$1 MILLION – THINGS YOU NEED TO KNOW! (Interview #1)

This week I interview a young man, Jake, whose household Net-Worth is on a great trajectory. Jake and his wife Jen, in their early 30’s, have already built a Net-Worth, that is 30 times greater than the average American Household for a couple their age. THIRTY TIMES GREATER - bears repeating. So lets take a look at their strategy and accomplishments! By the way, Jake ...

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FINANCIAL LITERACY , INVESTMENTS

My Journey to Becoming a Millionaire.

My journey started when I was about 12.  I was lucky to have two smart and wonderful parents.  Mom taught me the value of savings and compound interest (future blog).  Dad taught me the value of hard work and self-improvement. I remember the day we drove to the bank and opened a savings account.  I was excited because I always enjoyed saving money!!  Mom deposited some money, I think about $25.  And I ...

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