Society has long conveyed the idea that you have to work well into your prime years to maintain or exceed the same lifestyle you have now. The idea of “work” and telling people your profession may often be portrayed as a status symbol. The same people who work well into their prime years realize that … Continue reading The [Not So] Secret Path To A Million Dollar Portfolio:
Tag: Growth
Financial Markets Are The Greatest Equalizer
The pandemic has shed light on humanity’s greatest challenges, with racial tensions being on top of mind. It’s safe to say that America’s shameful history of discrimination against people of color has creeped up once again. As a result of this unfortunate reality, African Americans & Hispanics are also far less represented when it comes … Continue reading Financial Markets Are The Greatest Equalizer
Lessons Learned From Market Rally:
With the blink of an eye, we’ve returned to pre-COVID levels in the stock market. The Nasdaq just hit the 10,000 level - unbelievable stuff, amidst a time of record unemployment & sluggish demand. One important distinction to recognize before we dive deeper into the key takeaways from this market recovery is that at the … Continue reading Lessons Learned From Market Rally:
Managing a Crisis – A Savings Plan
Periods of uncertainty are meant to test our resilience. This time is no different. From a financial perspective, we can choose to emerge stronger by having a solid savings & budgeting plan ready to go or continue business as usual and spend unnecessarily when we really don't need to. These points must be stressed during … Continue reading Managing a Crisis – A Savings Plan
Prepare for tomorrow: IRAs
If you remember from my first blog post, I mentioned that knowing your numbers is essential to current and long term financial success. Preparing for your rainy days is no different and after the dismal collapse of savings/retirement accounts during the 2007-2008 recession, it is more important now than ever before to know where your … Continue reading Prepare for tomorrow: IRAs
Investing in a Changing World
Adapting your style. What do you think is a common theme amongst businesses that fail? What happened to Kodak? What’s currently happening to the retail industry? One commonality is that they failed to adapt with changing times. We live in a digital world and many businesses failed to foresee the rise of Amazon. Our world … Continue reading Investing in a Changing World
The Growth Mindset
What if I told you that there was a way to grow your savings without touching your cash? Imagine you knew life hacks that benefited you financially? Picture this scenario: You just received your first paycheck, which then likely gets direct deposited into your bank in a savings or checking account. What many people don’t … Continue reading The Growth Mindset
Investing 101 