My first job after college was at a boiler room in Detroit. Yes, like the movie Boiler Room we would sit in a cubicles and call to try to sell financial and insurance products. There are many financial firms that recruit heavily out of college and get many young people to work for them, by…
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Digital Currency
Governments always want more power and control. This shouldn’t be a surprise to anyone. They also; along with the bankers want more control of the nations and citizens money. As of 2020 China has been experimenting with a Digital Yuan. As of now, American companies in China are accepting it. Including Starbucks and McDonalds. There…
Financial Advisor Exposes Mutual Funds
What is a mutual fund? A mutual fund is basically a group or securities either stocks and/or bonds that are managed by a fund company that has managers assigned specifically to that fund that buy and sell securities within it. These managers may be analysts and have a CFA designation. The fund managers try to…
5 Questions You Must Ask Your Financial Advisor
Having been a Financial Advisor for over 10 years I’ve seen it all, including many situations that may deceive the client. After leaving the corporate side of the business and starting my own firm, which I later sold. I realized there are quite a few things that clients may not be aware of. This…
Survive and Thrive While in Quarantine
While everybody has been freaking out I’ve been trying to keep a level head and make the best of this lockdown. I’m not letting this crisis go to waste. So far I have gotten stronger and have made money all while in quarantine. I have been living in Beijing all year and have self quarantined…
Why I won’t buy a food/restaurant franchise
I’ve often thought about buying a sub shop or a pizza franchise. I love the food and the ones I eat at always seem busy. Everybody knows their name and brand. It sounds so cool owning a pizza place too, just sounds fun. I looked into buying a pizza franchise that I am very familiar…
5 Things to Consider when Paying off Debt
Should I pay off my debt? Or make the monthly payments? I’ve been asked this question a few times, but it’s not that simple there are a lot of factors to consider before making a big payment to crush that debt. Cash flow = debt service. Does your monthly income passive (preferably), and or active…
Is Silver a Good Investment
Silver and gold have obsessive followers and fans. But are they for the right reasons? I see these stackers on YouTube and on blogs. Which I guess means silver collecting and I hope they consider it a collection. Like baseball cards, or old movies and video games. A lot of people buy as a hobby…