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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 is you can NOT depend on them, people don’t always keep promises and that’s something…
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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 from a savings account and with inflation, at 2% you are losing money in a…
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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 or stock at regular intervals over a long period of time. This means that during…
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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 has surged 45% since it bottomed on March 23rd and is just 5% lower than…
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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 right now is filled with greedy newbies who are pumping stocks that are bankrupt and…
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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 rather than working at a deli or as a laborer. When I found out what…
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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 reverse stock split, a company would take every two shares and they would be replaced…
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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 business education to people through books and videos. The first time I read the book…
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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 average American. Although I am a stock market investor, I feel this is not right…
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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 which makes it one of the most popular technical analysis tools. Bollinger bands are the…
Financial Freedom 101 