I came from a family that never read The Wall Street Journal and did NOT talk about the stock market over dinner. We did, however, play Monopoly. An inexpensive game I credit with introducing me to real-world financial literacy. It was up to me to continue building on that education
Read Moreflip.it/.AvQD9 Richard and Betty James had a great idea. But they had one thing that was even more important. As Inc. colleague Bill Murphy, Jr. tells the story in a recent edition of his excellent daily newsletter, Understandably, in 1943 Richard James was working on a way to use tension springs to keep instruments on ships in place when they encountered rough seas. One day he accidentally dropped one of his springs. The spring "stepped" down a shelf, ...
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Support and vote for those candidates that strongly support the rights of ALL {Wealthy, Poor, Black, White, ALL) parents to have choice of schools, including Private, Charter and Home Schooling.”
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I grew up in small southern town in North Carolina (NC) where there were more chickens than people. In High School, my classmates self-divided into two groups being those who applied to college and those who wanted to immediately work after graduation. Since birth I heard, “you are going to college OR ELSE” so I applied to college and graduated with a degree in Chemical Engineering. One of my classmates ...
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COVID - 19 has drastically reduced tax revenues while also increasing the expenditures of: Cities, Counties, States and the Federal Government. So what are the plans to close the Billions in gaps? Look in the mirror! Politicians tend to stick to their tried and true option of RAISING OUR TAXES. In anticipation of high taxes climbing and the escalating violence in some cities; thousands of homeowners are fleeing the highest ...
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{Continuation from last week’s blog:} WHEN THE U. S. HAS A COUGH THE REST OF THE WORLD CATCHES A COLD – WHAT HAPPENS WHEN CHINA HAS A CORONAVIRUS? https://wealthbuildingpowers.com/2020/02/24/when-the-u-s-has-a-cough-the-rest-of-the-world-catches-a-cold-what-happens-when-china-has-a-coronavirus/} Last week I attended several sessions where U. S. Administration officials, including Vice President Pence, discussed the Coronavirus, known risk and actions the U. S. has and is taking. Fifty-nine countries are reporting Coronavirus cases and as of March 1, 2020, there has ...
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Have you heard of the “Rule of 72”? This simple rule helps your HARD-EARNED MONEY grow! The “Rule of 72” approximates how many years it will take for your money to double, given a fixed rate of return. The formula: {72 / interest rate = Number years to double}. How long do you believe it will take to double your money if placed in a typical U. S. savings account? ...
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I consider the Roth IRA one of the best available financial and investment tools. Saving in a Roth IRA early was one of my best decisions!
Read MoreIDENTIFY THE CAUSES OF PROBLEMS AND FIND SOLUTIONS This is an age test. Who remembers Mr. T.? There was a brief spell where I dressed and looked like him! But all that gold was slowing me down! Thank you for reading Wealth-Building-Powers Blog. I am grateful for all 5 MILLION of you! {Ok maybe a wee bit fewer than 5 Million} WHY OUT OF THE BLUE I STARTED WRITING AN INVESTMENT AND WEALTH BLOG There is a ...
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https://www.cnbc.com/video/2019/05/23/how-to-double-your-money-in-the-stock-market.html?__source=flipboard Sorry for earlier post. Link did not work. This is an excellent short video discussing the power of compound interest in building YOUR WEALTH. Worth a listen
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