$ WEALTH BUILDING POWERS

by Powers Investments Management, LLC August 10, 2020
INVESTMENTS , REAL ESTATE INVESTMENTS

2020 WAS THE RIGHT TIME TO INCREASE MY REAL ESTATE PORTFOLIO BY $1 MILLION

  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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FINANCIAL LITERACY

The Magic of Compound Interest

This week, lets start with a quiz: How much money would you have today, if you had invested $10,000 in an S&P 500 Index Fund, in 1980?  With no additional deposits. That’s right one $10,000 deposit and no more! A.  $380,000 B.  $276,000 C.  $433,000 D.  760,000 I will show you the correct answer below and how much you could potentially earn if you did the same thing today. First, lets talk about compound Interest.  Although, ...

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