Be Wealthy & Smart

Learn why the investing opportunity presented is not different than in past bear markets. The most dangerous phrase in investing is "This time is different." Bear markets happen, and each time the reason is different, but the cycle and investment strategy isn't. The chart showing how bear markets recover, specifically, after a first quarter than declines more than 10%, is posted  here . (Thanks to...

Learn why now is the time to create positive thoughts about the future. Fear causes you to go to the worst case scenario. Yet most fears never come true. Learn the power your thoughts have to create reality. Are you investing well for financial freedom...or not? If you invest $10,000 per year for retirement, but earn only 2%, after 20 years you'll have $262,692 and after 30 years $431,908. However...

Learn why this is an important investing opportunity and what to consider and ignore. People are asking me if they should buy airline stocks? This is asking if you should take a speculation, not an investment.  Hear what I recommend you invest in (if it is appropriate for your investment goals) and why. Are you investing well for financial freedom...or not? If you invest $10,000 per year for retir...

Learn why precious metals and stocks are on a tear. What is causing it? Can it continue? Are you investing well for financial freedom...or not? If you invest $10,000 per year for retirement, but earn only 2%, after 20 years you'll have $262,692 and after 30 years $431,908. However, if you invested for growth and the stock market averaged 10% annually, your $10,000 per year would grow to $697,299 a...

Learn the latest on the MJ ETF. There are 2 articles, one from USA Today and one from Politico . Sales have increased dramatically. Will that lead to higher stock prices? Are you investing well for financial freedom...or not? If you invest $10,000 per year for retirement, but earn only 2%, after 20 years you'll have $262,692 and after 30 years $431,908. However, if you invested for growth and the...

Learn what to do to focus on getting to the other side of the chasm. We are in a 15 day countdown, with 11 days left. Suggestions to help you survive and thrive. Winners of the Wealthy Mindset Blueprints are: 1. CWChang 2. GibbyC 3. Shiloh & Tcats mom 4. Jack M. 5. Sonia Markholm 6. Jenny Vonder Lieth 7. Jana 8. S. Sa. Texas 9. Harris Yango 10. Lily Congratulations! Please email me at lpjhome@gmai...

Learn why this might be the buying opportunity of a lifetime. Is it time to buy? Bill Miller, one of the most revered money managers on Wall Street, has called this the "Buying opportunity of a lifetime." What should you do? Are you investing well for financial freedom...or not? If you invest $10,000 per year for retirement, but earn only 2%, after 20 years you'll have $262,692 and after 30 years...

Learn what is going on with the stock market, how we got here and where we are going. The S & P 500 declined by 12% Monday, the second biggest one day decline since 1987.  The market has had big declines recently. On 3/16/20, it declined 11.98% and on 3/12/20, it declined 9.51%. Fear levels reached all time highs. What should you do? What should entrepreneurs do differently? Find out in this compr...

Learn why gold, silver and mining stocks are providing a unique opportunity. Recently the prices of gold, silver and mining stocks have declined. Why? Will the paper gold and silver contract prices finally detach from the physical metal price? Are you investing well for financial freedom...or not? If you invest $10,000 per year for retirement, but earn only 2%, after 20 years you'll have $262,692...

Learn what the State of Emergency means to the economy and stock market. I also cover the bill that was passed by the House H.R. 6201. Details are from an article, here . Are you investing well for financial freedom...or not? If you invest $10,000 per year for retirement, but earn only 2%, after 20 years you'll have $262,692 and after 30 years $431,908. However, if you invested for growth and the...

Learn how we got into a bear market and what is likely to happen next. Are you investing well for financial freedom...or not? If you invest $10,000 per year for retirement, but earn only 2%, after 20 years you'll have $262,692 and after 30 years $431,908. However, if you invested for growth and the stock market averaged 10% annually, your $10,000 per year would grow to $697,299 after 20 years and...

Learn the reasons why a recession is becoming more likely. Are you investing well for financial freedom...or not? If you invest $10,000 per year for retirement, but earn only 2%, after 20 years you'll have $262,692 and after 30 years $431,908. However, if you invested for growth and the stock market averaged 10% annually, your $10,000 per year would grow to $697,299 after 20 years and $1,983,928 a...

Learn about the new Flight to Safety ETF from Direxion. Learn why this ETF is unique and what the pros and cons are. Symbol is FLYT. Are you investing well for financial freedom...or not? If you invest $10,000 per year for retirement, but earn only 2%, after 20 years you'll have $262,692 and after 30 years $431,908. However, if you invested for growth and the stock market averaged 10% annually, yo...

Learn why it is better to hold during a correction than to sell. Are you investing well for financial freedom...or not? If you invest $10,000 per year for retirement, but earn only 2%, after 20 years you'll have $262,692 and after 30 years $431,908. However, if you invested for growth and the stock market averaged 10% annually, your $10,000 per year would grow to $697,299 after 20 years and $1,983...

Learn why hedge funds aren't beating the indexes and the crazy investments some people are considering. I call this the Cray Cray Investing Episode. High net worth investors are not getting above average returns. It is getting harder and harder for managers to beat the indexes. What actions I recommend you take to be a successful long-term investor. The hedge fund article I reference is here . Are...

Learn whether or not it is time to buy stocks and why. Are you investing well for financial freedom...or not? If you invest $10,000 per year for retirement, but earn only 2%, after 20 years you'll have $262,692 and after 30 years $431,908. However, if you invested for growth and the stock market averaged 10% annually, your $10,000 per year would grow to $697,299 after 20 years and $1,983,928 after...

Learn whether it is more advantageous to pay off your mortgage or invest in a retirement account. Are you investing well for financial freedom...or not? If you invest $10,000 per year for retirement, but earn only 2%, after 20 years you'll have $262,692 and after 30 years $431,908. However, if you invested for growth and the stock market averaged 10% annually, your $10,000 per year would grow to $...

Learn what 27% of homeowners don't know and why it is important information that can save you a lot of money. Are you investing well for financial freedom...or not? If you invest $10,000 per year for retirement, but earn only 2%, after 20 years you'll have $262,692 and after 30 years $431,908. However, if you invested for growth and the stock market averaged 10% annually, your $10,000 per year wou...

Learn why the gold mining ETFs are taking off and why it will continue IMO. Are you investing well for financial freedom...or not? If you invest $10,000 per year for retirement, but earn only 2%, after 20 years you'll have $262,692 and after 30 years $431,908. However, if you invested for growth and the stock market averaged 10% annually, your $10,000 per year would grow to $697,299 after 20 years...

Learn what the opportunity cost is for a $1k, $5k and $100k emergency fund. Let's walk through the math of the opportunity cost of a money market account, savings account, and long-term stock market returns. We use ETFs (indexes), not individual stocks. Once you understand wealth building is all about compounding, you won't look at your emergency fund the same way. Are you investing well for finan...

Learn why romance scams have increased 7 fold to $210 million annually, what their methods are and what to do to stop it. Why are people so easily fooled by scammers? Find out their psychological tricks and how not to get scammed. Are you investing well for financial freedom...or not? If you invest $10,000 per year for retirement, but earn only 2%, after 20 years you'll have $262,692 and after 30...

Learn what some compounding rates have been to become a millionaire or billionaire and why you only need 10% to create wealth. Some billionaires have crazy compounding rates! My favorite woman billionaire, Zhou Quinfei compounded at 55,000% for 10 years.  Kylie Jenner compounded her money at 462,000% for 4 years. While Warren Buffett compounded at about 26% annually and became the richest man in t...

Learn what 83% of millionaires attribute their wealth to. Are you investing well for financial freedom...or not? If you invest $10,000 per year for retirement, but earn only 2%, after 20 years you'll have $262,692 and after 30 years $431,908. However, if you invested for growth and the stock market averaged 10% annually, your $10,000 per year would grow to $697,299 after 20 years and $1,983,928 af...

Learn when to buy new technology and my opinion on the opportunity cost of Peleton and cell phones. Are you investing well for financial freedom...or not? If you invest $10,000 per year for retirement, but earn only 2%, after 20 years you'll have $262,692 and after 30 years $431,908. However, if you invested for growth and the stock market averaged 10% annually, your $10,000 per year would grow to...

Learn where the fastest growing sectors are and why we won't have a recession this year, in my opinion. Are you investing well for financial freedom...or not? If you invest $10,000 per year for retirement, but earn only 2%, after 20 years you'll have $262,692 and after 30 years $431,908. However, if you invested for growth and the stock market averaged 10% annually, your $10,000 per year would gro...