ANYONE CAN BUY STOCKS – READ THIS IF YOU WANT TO MAKE MONEY!

  Since the March crash, the stock market is on a bull run and new investors are jumping in the pool!  Just in March 2020, more people opened an account with E-Trade than all of 2019!  Several of you have asked my advice on buying individual stocks. A STOCK PRICE CAN DO THREE THINGS:  Go Up Stay Flat Go Down. You and I want to invest in companies whose shares are going up.  ...

Read More

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 ...

Read More

WAKING FROM THE COVID-19 NIGHTMARE – BETTER, RICHER AND SMARTER!

Successful people have much more than talent. They have a drive to continuously learn new things and strengthen themselves.  As we come out of this COVID-19 nightmare, your ability to add new skills and competencies will be SUPER important, because there will be fewer jobs. JOBS HAVE AND WILL BE PERMANENTLY ELIMINATED   Ten to twenty percent of restaurants will simply not reopen. When restaurants do reopen with social distancing as the ...

Read More

AT LAST! A POSITIVE FROM THE CORONAVIRUS – NOW IS THE TIME REFINANCE OR OBTAIN YOUR MORTGAGE

  Vice President Pence was criticized when he stated the best way for the American people to calm down - “turn off the television sets”.  I happen to agree,  as the media is feeding the panic. I work from home and keep a business/investment channel on my televisions.  But often mute the televisions because I do not want to hear paid “Talking Heads” reading or making up their opinions.  The enemy of ...

Read More

HOW TO MANAGE CORONAVIRUS HEALTH AND INVESTMENT RISK

{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 ...

Read More

THE “RULE OF 72” – YES YOU NEED IT!

        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?   ...

Read More

Bill Gates Says This Is the Most Important Thing He’s Learned from Warren Buffett. (Hint: It Has Nothing to Do with Money)

Two billionaires linked by one common denominator.

“Microsoft co-founder Bill Gates and investing legend Warren Buffett don't initially seem like they would be a great fit for one another, and Gates thought so himself. When his mom wanted him to meet the Oracle of Omaha almost three decades ago, he initially balked, saying "He just buys and sells pieces of paper... I don't think we'd have much in common." Luckily for Gates, moms frequently get their way, and he ...

Read More