Disclaimer: Good Day, Readers. WealthBuildingPowers blog is a financial literacy/competency blog and does not provide specific investment recommendations. Prefer audio - click below: A Myth Putting Too Many in Useless Debt The message has been the same for years: go to college, or you will be a broke man walking. Universities that have been increasing tuition at a rate two to three times the inflation rate perpetuate this lie. Even worse, many politicians (speaking of ...
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RULE # 1: If your debt interest rate is higher than your targeted investment return, than prioritize paying off debt. Place your money where it does the most good. https://wealthbuildingpowers.com/2018/04/05/four-steps-to-achieve-financial-freedom-by-becoming-debt-free/ If you want to invest in the S&P 500 ETF, which averages about eight to ten percent annual returns you should prioritize paying off HIGH INTEREST credit card debt which can be as high as ~30%. The good news, student loan interest ...
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(OUR) GOVERNMENTS (FEDERAL, STATE AND LOCAL) MUST BE BETTER AND MORE EFFECTIVE. WE CANNOT AND WILL NOT SUCEED WITHOUT THEIR HELP! THE REST OF US MUST DO A BETTER JOB TOO! {Excerpts FROM JAMIE DIMON, CEO J.P. MORGAN CHASE, CEO AND CHAIRMAN OF THE BOARD, ANNUAL LETTER- Public Policy} “The U.S. federal government is becoming less relevant to what is going on in people’s lives. People have generally lost faith in the ability ...
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