Author Archives
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Bitcoin: The Money Of The Future (Nov. 2017)
Since its birth, Bitcoin has grown in a substantial way. Bitcoin is an online currency that is used to buy products and other services in an anonymous way. This is online money that is its own currency. There are also… Read More ›
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What is an IRA?
An IRA is an individual retirement account. It allows you to save money for retirement in a taxed advantage way. It is an account set up by a specific financial institution that allows an individual to set aside funds for… Read More ›
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The Top Investing Books by @elite.investor
The Top Investing Books One thing that I get asked WAY too often is, what are the best books on investing? What are the must-reads that everyone has to read in order to be successful at this game? What if… Read More ›
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Frugal Living 101
I am often called cheap, by my parents by my friends, and even of course by my girlfriend. I agree with all of them, and that is because I am cheap for a reason, Financial Freedom. When I am 40… Read More ›
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The First Steps Of Moving Averages
A moving average is an average price for a trading instrument over a set time frame. they are technical tools used on charts for trend identification. They can be used as standalone lines for trend trading, or in conjunction with… Read More ›
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Forming Your Own Path In Life
In my past 21 years of life, I have relied a lot on relationships. Relationships will not only help you succeed in life but it will grow you as a person to reach your maximum potential. One thing about relationships… Read More ›
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Why Your Savings Account SUCKS
People get it all wrong. We were brought up in a society where putting your money in a savings account helps you “GROW” your money. Which is nothing but WRONG. With rates at 0, you currently can’t gain any money… Read More ›
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Dollar-Cost Averaging Strategy
Dollar-cost averaging is an investment strategy that aims to reduce the impact of volatility on large purchases of financial assets such as equities. It is a simple technique that entails investing a fixed amount of money in the same fund… Read More ›
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The Stock Market and The Economy DO NOT correlate!
I am hearing too many people think the economy and the stock market correlate and go in the same direction, but it does not! The stock market and the economy have never been on the same page. The S&P 500… Read More ›
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Buy FEAR, Sell GREED
“Truth be told, if you keep buying high and selling low, you should stay out of the stock market, because you’re losing money. Your primary goal as an investor should be not to lose money.” – Carl Richards The market… Read More ›
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How I Saved To Invest $1000 Last Summer
Last summer I was a marketing/media intern at a Financial Solutions company called Active International. During my internship, I made many great connections and learned a lot about working in a company and reporting to a boss in an office… Read More ›
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Reverse Stock Splits: Good or Bad for Shareholders?
A reverse stock split is a reduction in the number of companies traded shares that results in an increase in the value of the shares but a decrease in how many shares are available to purchase. for example, a 2:1… Read More ›
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Rich Dad Poor Dad Lessons on Money
The book “Rich Dad Poor Dad” has changed the way I looked at money forever. It was written by a man named Robert Kiyosaki who is an American businessman who owns a private financial education company that provides personal finance and… Read More ›
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Airlines want a bailout- I DISAGREE
The United States federal bank led by “Junk Bond Jerome” is pumping cash into the stock market, bailing out banks and airlines who are being hurt by the COVID-19. Personally, I think this is ridiculous and not fair for the… Read More ›
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The First Steps of Bollinger Bands
SPY Chart by TradingView In the 1980s, John Bollinger, an American author, Financial analyst and contributor to the field of technical analysis developed the indicator “Bollinger Bands” Bollinger bands are a functional tool that combines moving averages and standard deviations… Read More ›
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Why I loaded up on these two Energy Stocks
The S&P 500 is down 20% in the last three months. Oil is down 30% in the last month and is currently priced at $22 a barrel. These are opportunities you can’t miss out on as an investor once in… Read More ›
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Investing in ETFs for the Next Bull Market
I am sitting on a good amount of cash right now, waiting for the perfect time to increase equity in my portfolio. The market is currently at a 21% decline in the past month, so we are officially in a… Read More ›
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Recession Investing
When making an investment you cant worry about the price of the stock you buy right now, but the price of what the stock is going to be within 10 years. The patience required for investing is a critical part… Read More ›
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5 Ways To Invest In Yourself
When I graduated high school I had a good amount of money in bitcoin before the boom back in 2017. At the time I didn’t know much about the stock market but knew it could make me a lot of… Read More ›
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The Flaws Of Today’s Education System
Today’s education system is flawed. Personally, I struggled throughout middle school and high school. I was born with a reading disability, and from kindergarten to 12th grade, I felt as if I was looked down upon because of it. Now… Read More ›
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Growth Vs Value Investing
A growth stock is a share that is expected to grow at a rate that is faster than the S&P 500. These stocks usually don’t pay dividends, because the companies want to reinvest any earnings received to grow at a… Read More ›
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Duplex Real Estate Investment
One of Chopper and I’s main goal is to invest in real estate as early as we can. We think that if we can live as frugal as possible in are early 20s by the time were 30 we will… Read More ›
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A Beginner’s Guide to Investing in the Stock Market
Investing in the stock market is a way to grow your money while you’re busy with working and living through daily life. Many say “the stock market is too risky to invest in,” which can be true if you’re not… Read More ›
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3 Reasons Why You Should Avoid Penny Stocks
When I first got into stocks, I had funded my Robinhood account with $800 and started to invest. While my smart friend chopper was in all low-risk companies with companies that have no debt, I was investing in penny stocks…. Read More ›
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Alternative Way’s to Invest In Real Estate
Stocks and real estate are known to be two of the largest contributors to building wealth. People often say that it is difficult to invest in real estate due to the high costs and the amount of capital needed to… Read More ›
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Three Best Online Stock Brokers For Beginners
As a new investor education is the most important aspect to focus on. Trying to trade stocks won’t do you any good without knowing the basics of trading stocks online. These three trading platforms for beginners offer three main things and… Read More ›
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3 Levels of Financial Freedom
Level One- Financial Solvency Financial Solvency is when you’re able to earn enough money where your debt and living expenses equal your income. Here you are living paycheck to paycheck with no money in your savings account and no money… Read More ›
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Should Financial Literacy be taught in High School?
Yes, it should, High School fails to teach students personal finance. Instead, schools make students sit through classes forcing them to learn math that they will never use or be part of uncooperative group projects where one student does all… Read More ›
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Investing in the S&P Compared to a Bank CD
Investing in stocks is very important for long term growth, but be aware of volatility and risk. A bank CD is a safe way to save money without any risk. With a bank CD, the account owner gains an annual… Read More ›
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How to Invest Like Warren Buffet
As we all know Warren Buffet is the most successful investor in the world. Modeling our investing strategies after him are crucial. Here is a list of questions inspired by Buffet we ask ourselves before purchasing a stock: How unique… Read More ›