The fear of missing out is the feeling that others are experiencing better things than you are. It is exacerbated by 24/7 social media sites like Instagram, Redditt, Facebook, etc. The FEAR OF MISSING OUT causes intelligent people to take high risks with close to zero odds of winning. FEAR OF MISSING OUT IS REAL!
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The EV industry is here and growing faster than anyone except Elon Musk expected! There may be potential good investment opportunities IF YOU DO YOUR HOMEWORK.
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The winner receives a two-year subscription to Barron’s and lunch in New York with Barron’s staff member of the winner’s choosing when the pandemic ends. Good luck!
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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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The Feds increased 401K contribution limits to $20,500 in 2022, which is an increase from years 2020 and 2021 limit of $19,500. Catch-up contributions to retirement accounts for those age 50 and up will remain unchanged at $6,500. Including their regular contributions, people 50 and up will be able to stash up to a limit of $27,000.
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A budget is boring, anal and helped me achieve financial freedom.
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