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Investing your money from broke to better

6/29/2022

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Steps  before  you Invest 
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Amount to  Invest
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Invest $42 week at 10% interest, work 10years = $1 million dollar
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Compound Annual Growth Rate (CAGR), shows 10.04% average S&P 500 return from 1928 to 2020. 
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Where to  Invest
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B​est recommended........   Pick Market Leading Growth Companies by Industry (stocks)
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B​est recommended strategy long term.....Buy and Hold  in  S&P 500 index mutual funds
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Historically,  if interest rates are low, stocks and bond returns are high (no CD's)
​and​  if interest rates are rising up may mean move to cash (CD's)
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Historically if dividends < 3 means stock  are expensive,
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if yields > 6 stock market stocks  are cheap to buy
....purchasing yields between  4 - 7 has been profitable long term for most investors
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Note:  if  a stock has p/e > 25.....may mean stock price is to high...move to cash or low p/e stock 
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Note: buy (low) if your stock p/e > 4...rising to..... p/e stock > 26....sell (high)
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Historically if a stock price/sales fundamental is rising from  0.25 to 3 it will make money, when your stock or stock market hit  p/s > 3  may mean move to cash or  to a low p/s stock
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Nomopofolks: Moving on from Poverty  to Better

6/27/2022

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​No one is born into a perfect life, you came here on earth to make your dreams come true, and no matter where you are now, what bad circumstances and obstacles you must overcome, you are fully equipped with everything you need to do it!
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Network,
You can move from broke to better just by having the right conversation with the right person.

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You were born with belief in yourself to be successful, and so if you don't believe in yourself today it just means that in your life you have accepted other people negative opinions as 'truth'.....and have maintained that lack of belief by repeating to yourself those lies.......stop it.  THINK OPPOSITE  and say to yourself, daily
'I can do it and people and resources will show up to help me succeed.'
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One step at a time is all you can ever take....... The path out of poverty to become better will never unfold in the way you think anyway, so just keep bringing yourself back to 'what is the next wise thing to do' in prayer to receive  instructions to pull yourself up and out.
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Ideas to Retire Comfortable

6/26/2022

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Your contribution(401K/IRA)  / Government contribution(SS) /  Pension(defined benefit)
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CONTACT SOCIAL SECURITY
Social Security Retirement   Payout
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Contribute and Rollover  401K plan into an IRA everytime you leave a job until retirement
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B​est recommended strategy  long term   .....buy and hold  in  S&P 500 index fund
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Invest $42 week at 10% interest, work 10years = $1 million dollar
Compound Annual Growth Rate (CAGR), shows 10.04% average S&P 500 return from 1928 to 2020
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Invest $240 week at 6% interest work 47years = $3 million dollar
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Things to do:



1- Pick Low or No-Fee Market Leading IRA that offer S&P index 500 funds,
2- Work for companies that match your contribution (.25 or higher)
3- Buy 'low' and sell 'HIGH' .....follow fundamentals, low  P/
e  and  low  P/s   keys
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Note: stock market maybe 'too high' at p/e > 25+...move to cash
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Historically if the stock mkt  price/sales ratio indicator is rising from  0.25 to 3 it will make money, when stock market p/s indicator > 3  may need to move to cash
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How much average retirement money needed by state to retire
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The problem:  the avg retirement savings by age
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Believing in Your Dreams moves you 'from broke to better'

6/21/2022

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If  you focus positively on a goal as doable and not rationalize, compromise, doubt or worry,
you will achieve it.... 

Life really does provide you with 'equal opportunity' ...when you really put your mind to it, people, information and money, shows up to help you towards your goals

Even if you face tough obstacles with no support, the right resources, connections shows up to help you to achieve your goal, if you 'just believe'

This is how people overcome addictions, illnesses, athletes become champions, business people become millionaires and the 'ugly' duckling marries the pretty prince.

When life trials come and get you down and there is dreariness all around, focus on your vision of being happy doing what you really want to do...... the questions 'woulda and shoulda',  'how come' and 'why did this happen to me', only keeps you stuck where you are, which is where you do not really want to be.

People who make career comebacks or overcome life tragedies, understand this principle very well, because when you lose everything, the only thing you have left is your 'imagination and belief'  in better days ahead, (gotta lookup to get up)...even when you can't see it or feel it, just say 'what you really want to do' out loud to yourself....it will still get  you to ponder the question ....what would it take for me, to get to where I really want to be.

Write your goals down and why you want to achieve them......it will help to cement your believe in what you are trying to accomplish.  When your why is strong enough the how shows up in your life.

A belief is only a thought you keep thinking over and over again, just name it and feel good imagining it .......you can achieve whatever you focus on, and I do mean whatever you focus on

Just Believe! What you focus on, comes to you......



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Broke-to-Better Blogs, Nomopofolks Association, Dallas, Texas
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    Always know, when you encounter problems, there is a 'wise' solution

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