Monday, March 25, 2024

Investing in the stock market made easy - trust me - I do it and love it.

 


Photo: Yahoo Finance


Have you watched from the sidelines as investors (neighbors, friends, family, etc.) invest money into the stock market and brag about their returns?  How does a person invest?  Which stocks do you choose?  How do you avoid paying all your returns to the broker as fees?  I will tell you a simple method to start with.


Acorn investing services are a great way to start investing in the stock market.  I was super skeptical of the process at first.  However, then a fellow staff member at my work convinced me to just start with the basic process of the service.  Which is?


Investing made easy!


To start with, follow the link to Acorns here:


Acorns Investing Service


Note: I do get credit for referring you.


But more importantly, connecting your checking account to the Acorns account will allow the service to withdraw small amounts of money.  I mean small donations - rounding up your purchases to a $1.  That means, say, you spend $0.75 on a purchase.  Then Acorns will invest $0.25 into the stock market in your Acorns account.


Small Amounts Add Up Quickly - well relatively so

Don't expect to get rich overnight.  But I have been with the service for 4 years and looked at my account the other day.  I was pleasantly surprised to see that I had a balance of $4,000.  Wow!  An average return of 20-30% on my deposits.

You don't have to believe me.  But I will continue to use the service to build money without having to look at the account.  I have not looked at the account for 4 years.  


Note: If you withdraw money from the account, you will pay taxes on capital gains as profits.


I suggest that you take advantage of this service.  It is cheap as far as fees are concerned.  Plus, compare the returns (profits) to your brokerage accounts (retirement, 401K, etc.).  Acorns will outperform some of these with computerized (AI) investing.

Note: I set my risk level on Acorns to 'Aggressive' = I want the largest return.  I am willing to risk some change.

Former Supreme Court Justice Stephen Breyer Talks About The Current State Of The Court...

 


Photo: NY Times


Listen to the news at any hour of the day, and discussion of the Supreme Court will undoubtedly arise. For many reasons (i.e., cases), the Court has found itself at the center of the debate stage. From questioning Justice Clarence Thomas's ethics to the secret release of Dobb's decision, which was written by Justice Alito last summer, controversy has sunken the nation's Highest Court to new lows.


In the following interview, Joe Scarborough of MSNBC Morning Joe interviews Justice Breyer about the current state of the U.S. Supreme Court:



I like the analogy describing the complexity of cases Justice Breyer used.  In describing the complexity of cases, he tells a story he read in a French newspaper about a railroad passenger traveling with a basket of snails.  The conductor asked the passenger to pay for the '1/2 fare' for each snail as the train system requires 'all animals' in baskets to be paid for.  An argument ensues whether the snails are pets, animals, or the exception.  That describes the complexity of cases entertained by the Supreme Court.


Wednesday, February 28, 2024

What Do U.S. Allies Think Of Candidate Former President Donald J. Trump?

 


Photo: Time Magazine



Despite no longer being the President, Donald Trump is still making headlines as the 2024 election cycle approaches. Many people are speaking out against him, particularly in regard to his admiration for Russian President Vladimir Putin. Meidas Touch has shared a video featuring the opinions of several world leaders on former President Trump:

As we are currently in an election year, it is crucial that we spread this video to those around us. The national security risks posed by Donald Trump should not be underestimated.




Thursday, January 25, 2024

Former Trump Administration Aide Talks Wall Street's Thought on Trump

 


Photo: NBC news


Wall Street loves to hear presidents discuss lowering taxes.  Who among the rich doesn't?  Does the Street (i.e., Wall Street) really care about President Donald Trump?  The former president experienced the highest price on the S&P 500 during his 4 years in office.  And he also experienced an unprecedented drop in the market with the onset of COVID.  What are the current thoughts among investors?


In the following video by CNN, former Trump aide Anthony Scaramucci discusses the former president's current situation and how Wall Street fits into it:



One remark I agree with from Anthony Scaramucci is the question asked in return to the CNN news anchors in the video above.  Mainly, does the former president have numbers that are better than 2016?  How about 2020?  President Trump is flaming out as a candidate.  


Further, if the former president is chosen as the Republican nominee, the party is looking for a reset for 2028.  I can definitely be on board with candidate Trump losing in 2024 and a reset for the republican party for 2028.

Wednesday, January 10, 2024

January 6th Protester Will Spend 5 Years In Jail For Engaging In Insurrection Protest

 


Photo: New York Times


The events of January 6th, 2021, still haunt those of us who actually care about democracy.  No, that day was not a peaceful protest.  No, that was not a peaceful march to the Capitol.  Yes, Capitol police did endure PTSD, among other life-lasting injuries, to the remaining days of their lives.  One Capitol police officer died that day - by suffocation.  Other police officers were brutally assaulted with their own weapons.  The events of that day were terrible not peaceful.


Question: When was the last time that the reader decided to go and assault police officers outside a courtroom?  Or any police officer standing guard outside of a building?


Did those participants forget that bringing weapons into a courthouse is illegal?  


In the video below by CNN, a grandmother is facing 5 years in prison starting this week for her participation on January 6th, 2021.



What made me cringe while watching the video above was multifold:


1) She believes that the election was stolen after conviction.

2) She believes that President Trump will pardon her.

3) She believes that, basically, she did nothing wrong.

4) She has been on house arrest the entire time until recently.


I would like to see a follow-up interview with here every 6 months starting now.  I think that she might change her tune after a few months to years in jail.  Additionally, I wonder what her response will be when Trump cannot pardon her?


The sad day of January 6th, 2021, will be forever tied to the dictator, former President Trump.  He has been charged with coordinating the attack indirectly.  The court will show us this soon. It is time for the former president to reap the consequences of this giant threat to our democracy.