finance
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Book Summary: Manny Khoshbin’s Contrarian Playbook (Part 1)
Along with growing our wealth from the stock market, Bodhi and I plan to obtain real estate licenses and purchase income properties. We plan to open a joint corporation and build a real estate career from it. This will allow us to take the next step in obtaining financial freedom. To begin this career we…
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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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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. My portfolio consisted of 7 penny stocks of random companies I knew nothing about. I…
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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 in investment funds. You have no room for unexpected expenses or personal adventures. Just going…
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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 the work. At the same time, high school tests the memorization of the material, not…
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The Power of a BULL Market
To pursue maximum investment returns in the market, you have to be in it for the long term. It makes more sense to stay committed to an investment plan rather than try to guess the best time to be in the market. Over the past 70 years, bull markets have lasted longer (47 months on…