$ WEALTH BUILDING POWERS

by Powers Investments Management, LLC November 6, 2023
FINANCIAL LITERACY

THE FED IS PLAYING JENGA WITH THE U.S. ECONOMY

Disclaimer: Good Day, Readers.  WealthBuildingPowers blog is a financial literacy/competency blog and does not provide specific investment recommendations.     U.S. ECONOMY - WOBBLING LIKE A GAME OF JENGA The U.S. economy is like a high-stakes game of Jenga. While the FED is the maestro of the game, they do NOT control all the blocks! The nation's economic stability relies on a delicate balance of various factors represented by individual Jenga blocks. Each reflects ...

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by Powers Investments Management, LLC July 13, 2020
FINANCIAL LITERACY , INVESTMENTS

INVESTING IN STOCKS IS COLOR BLIND – WHAT IS STOPPING YOU?

    Albert Einstein stated, “Compound interest is the 8th wonder of the world. He who understands it, (the financially literate) earns it; he who doesn't, pays it.”   Compounding normally refers to a bank account, and generally means you will collect interest on your money. Moreover, compounding also applies to other investments such as real estate and stock ownership. Example- On January 2, 2020, you purchased one share of Powers, Inc., at a price of ...

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