Join us as we present: “Closing the Racial Wealth Gap” with Eugene Mitchell
February 22nd, 11:30 am & 6:30 pm CT
Overview:
Eugene Mitchell, CEO and author of Closing the Racial Wealth Gap—7 Untold Rules for Black Prosperity and Legacy!, will address:
-Helping communities with closing the wealth gap for their family and organizations and helping advisors generate success while making a meaningful difference in diverse communities
-Wealth building and legacy creation
To RSVP or ask questions please call Anthony Young: (901) 282-8610 or email: Anthony.young@thrivent.com
No products will be sold. For additional disclosures, see Thrivent.com/social.
Join us as we present: “Closing the Racial Wealth Gap” with Eugene Mitchell
February 22nd, 11:30 am & 6:30 pm CT
Overview:
Eugene Mitchell, CEO and author of Closing the Racial Wealth Gap—7 Untold Rules for Black Prosperity and Legacy!, will address:
-Helping communities with closing the wealth gap for their family and organizations and helping advisors generate success while making a meaningful difference in diverse communities
-Wealth building and legacy creation
To RSVP or ask questions please call Anthony Young: (901) 282-8610 or email: Anthony.young@thrivent.com
No products will be sold. For additional disclosures, see Thrivent.com/social.
Will your taxes affect your retirement?
Strategies to help you work toward a
lower tax bracket in retirement
• How to be tax-efficient in your current bracket.
• How Social Security is taxed.
• Ways to create tax-free retirement income.
Event details
Tuesday, February 22, 2022
5:30 p.m. - 6:30 p.m.
Dinner will be served at 5:30 PM.
The Edney Building
1100 Market St., Unit 500
Chattanooga, TN
Reserve your place today
Please call 901-282-8610 or email anthony.young@thrivent.com.
No products or services will be sold at this event.
For additional disclosures, see Thrivent.com/social
Although common stock have the opportunity for long term growth and high yield it is not the common stock that has priority in the event of a liquidation. If a company unfortunately goes under, common shareholders only have rights to a company's assets after bondholders, preferred shareholders, and other debtholders are paid in full.
Although, Preferred stock provides the opportunity for steady dividends it also has some trade offs. Preferred stockholders usually have no or limited, voting rights in corporate corportate policies. That means unlike common stock which can vote for board members of a company. Preferred stock either cannot or can at diminished capacity.
Although, Preferred stock provides the opportunity for steady dividends it also has some trade offs. Preferred stockholders usually have no or limited, voting rights in corporate corportate policies. That means unlike common stock which can vote for board members of a company, Preferred stock either cannot or can at diminished capacity.
It's important to start your financial journey as early as you can. The earlier you start the better off may be on your journey to becoming financially free. The first step to set yourself up for the future is to start TODAY.
Often we find ourselves asking others what their, "Secret" to getting ahead is. It is a very common thing to judge what it is we are about to embark on ourselves, and to decide if it is worth it to us or not. However, the biggest secret to getting ahead is taking that first step and getting started to gain that experience. Even if it is not what you thought it would be, you are further ahead of someone that is still asking others for their "Secret".
This week's tip is about the power of your mindset. Your mindset is a very important factor in achieving goals you have for yourself financially, or in any other aspect of your life. A positive mindset is much more willing to find solutions to a circumstance than just accepting it. Keep that mindset positive!
Sometimes the little things are looked over so often that they slowly eat away at the success of a goal. The smallest fracture in the hardest sword will cause that sword to eventually break. Take that same approach with a goal you have for yourself. Do not let something small ruin your overall chance of success.
It's important to keep a note on your financial goals and your progress towards them. As your life journey continues make sure the goals of your past make sense for where you want to go now. Do not be afraid to change your goals to fit your needs,.if you realize that your goals have shifted.
Net worth is like a financial stat sheet. It shows the overall health of your financial situation by showing your total assets *Things you own* compared to your total liabilities.*Debt*. It is important to know what your net worth is and to keep up with the increases and decreases.
One of our most valuable assets is time. The things we do now can be pivotal to having financial success in the future. Each day you procrastinate you lose time that can help you gain the financial situation you desire.
When looking for money to save sometimes the leaks are right under our noses. Subscriptions though small in price can add up once they become forgotten. It is something we all may fall victim to and can have a significant impact to any budget if forgotten
Diversification is a technique that any investor can execute. There are many investment vehicles available for all levels of investors to help accomplish their goals. For information on the different types of investment vehicles offered as well as gaining a resource for you and your financial needs, click the link in the Bio!
No matter how much your salary is, if you do not have disciplined spending habits there is a possibility of becoming dependent on that next paycheck. Becoming disciplined in your finances is a great way to ensure you can maintain the wealth you acquire.
This Friday's Tips are focused on the Young Adults, but is easily applied to all ages. Taking the time to learn a few critical financial rules can help you build a healthy financial future. Read, read, and reread the list then pick 1 thing to be INTENTIONAL about getting better at today.
In light of recent events in the stock market primarily around Gamestop and AMC here are a few terms you've probably heard quite a bit. Understanding these terms will definitely help when hearing more of these events.
Remember, Short sellers are basically borrowing the stock temporarily. They borrow the stock from a financial insitution and sell said stock in the stock market again. Eventually they will have to buy the borrowed stocks back and return the stock to the insitution.
The primary goal of a short seller is to sell a stock at one price and buy that same stock at a much lower price.
Having a large number of assets is cool to acquire, but understanding how certain assets can provide more income and basically increase the value of that asset is essential. As the old saying goes "Quality over Quantity".
This is something to remember in any stage of life, but definitely in the early stages for sure. As you embark on life's journey everything you do to save money counts. It may feel unrewarding now, but do not sell yourself short as you are building your net worth and positioning yourself for a better financial future.
