Buy small cap ETFs such as the iShares Russell 2000 (IWM) or the iShares Core S&P Small-Cap ETF (IJR).
Category Archives: Building Wealth
Chipotle Stock Split
Chipotle Mexican Grill’s first-ever 50-to-1 stock split will be one of the largest in New York Stock Exchange history. The split will cut Chipotle’s share price to about $64 each from nearly $3,200 each now.
Splits don’t change the market value of a company, but the smaller share price may be more attractive to retail investors, making them popular vehicles for companies.
Chipotle shares are up nearly 40% this year. CFO Jack Hartung has said the move can help it reward employees.
Chipotle’s split comes after some other high profile ones this year, including Nvidia’s and Walmart’s. Chip maker Broadcom is set to split its stock in July.
Overall there are nine stock splits this year through July, according to S&P Global Market Intelligence, up from two in the same time period last year.
History shows that companies tend to outperform after splitting their stock, even though nothing fundamentally changes about their business.
BofA Global Research found that average returns are about 25% during the 12 months after a split is announced, versus 12% gains for the S&P 500
Margin of Safety
Seek investments where the asset’s intrinsic value significantly exceeds the market price – a concept known as a “margin of safety.”
Investing is all about finding opportunities to buy assets below their true worth.
“It is extraordinary to me that the idea of buying dollar bills for fifty cents takes immediately with people or it doesn’t take at all. It’s like an inoculation. If it doesn’t grab a person right away, I find you can talk to him for years, and show him records, and it just doesn’t make any difference. They just don’t seem able to grasp the concept, simple as it is…I’ve never seen anyone who became a gradual convert over a ten-year period to this approach. It doesn’t seem to be a matter of I.Q. or academic training. It is instant recognition or it is nothing.” ~ Warren Buffett
Source: http://mastersinvest.com/newblog/2017/6/12/50c-dollars
Higher or Conscious Self
Be Grateful and Find Joy in Every Momemt!
The higher or conscious self plays a significant role in shaping your experiences and perceptions.
The higher or conscious self is the true essence of who we are, connected to higher wisdom, intuition, and universal consciousness. This aspect of our being transcends the limitations of our physical existence and egoic mind. It embodies qualities such as deep wisdom and insight, unconditional love, compassion, authenticity, integrity, unity, oneness, calm, and presence.
The higher self operates from a place of unconditional love and empathy, guiding us to live in alignment with our true values and purpose. It recognizes the interconnectedness of all beings and sees beyond the illusion of separation created by the ego, providing a sense of inner peace and presence.
By strengthening the connection to the higher self, one can transcend limitations and live a more authentic, fulfilled, and purpose-driven life.
Learning to trust inner wisdom over external influences is key to aligning more closely with the higher self and achieving personal growth and self-awareness. This balance allows for a life led by intuition and inner wisdom, ultimately fostering deeper fulfillment and alignment with one’s true essence.
Source: https://m.facebook.com/story.php
Secrets of Money
- Invest in and pappreciating assets. Avoid purchasing liabilities.
- Avoid conspicuous consumption. No one ever spent their way to financial freedom.
- Apply leverage to build wealth.
- Detach yourself from things and liabilities you don’t need. Liabilities are the reason you work so hard.
- Identify common money pitfalls. Soceity is designed to make you a consumer and for you to trade time for money.
- Know where all your money is going. Pay yourself first by saving and investing.
- Automate your finances and investments. Create a financial and wealth building plan.
- Be courageous and take risks. Wealth comes from doing what other people won’t. Make financial freedom you too goal.
- Increase your income and develop multiple streams.
- Be disciplined and develop good wealth building habits.
Happiness is a Choice and Comes from Within
Don’t rely on others or external factors to validate your worth or existence.
True happiness is a choice and comes from within, not from external validation. Seeking validation from others to affirm your existence undermines your own sense of self-worth and resilience.
Embrace the joy of self-discovery and fulfillment without relying on others’ approval. Cultivate inner contentment by choosing happiness, pursuing passions and embracing personal growth.
Remember, your worth isn’t determined by others’ opinions, it stems from your own mindset, self-love and acceptance.
Gratitude is a Superpower and the foundation of all great success. Appreciate and be thankful for what you already have!
Take Responsibility and Own Your Story
Oner thing you must learn, understand and accept:
You can either keep making excuses for why your life isn’t perfect, or you can admit it’s not perfect and still try to make it better.
You can focus on what youcan change and stop worrying about what you can’t. Life keeps moving forward.
Take it upon yourself to be happy and build wealth. Stop worrying about distractions and what other people think.
Other peopl only know your name, not your story. People will always have different opinion about you. And that’s okay. What matters is how you see yourself as a person. No on can tell your story better than you.
Gratitude is a Superpower and the foundation of all success.
Gettysburg Address
Delivered at Gettysburg, PA, on November 19, 1863.
“Four score and seven years ago our fathers brought forth on this continent a new nation, conceived in liberty, and dedicated to the proposition that all men are created equal.
“Now we are engaged in a great civil war, testing whether that nation, or any nation so conceived and so dedicated, can long endure. We are met on a great battlefield of that war. We have come to dedicate a portion of that field as a final resting place for those who here gave their lives that that nation might live. It is altogether fitting and proper that we should do this.
“But in a larger sense we cannot dedicate, we cannot consecrate, we cannot hallow this ground. The brave men, living and dead, who struggled here have consecrated it, far above our poor power to add or detract. The world will little note, nor long remember, what we say here, but it can never forget what they did here. It is for us the living, rather, to be dedicated here to the unfinished work which they who fought here have thus far so nobly advanced.
It is rather for us to be here dedicated to the great task remaining before us,that from these honored dead we take increased devotion to that cause for which they gave the last full measure of devotion, that we here highly resolve that these dead shall not have died in vain, that this nation, under God, shall have a new birth of freedom, and that government of the people, by the people, for the people, shall not perish from the earth.”
U.S. President Abraham Lincoln
Cabo San Lucas, Mexico
Cabo San Lucas is an excellent destination with adventure, relaxation, and romance.
Here’s a glimpse of what you can expect:
- Land’s End (El Arco): A stunning rock formation at the tip of Cabo San Lucas. It’s particularly impressive at sunset, so consider a boat trip or dinner cruise during this time.
- Playa del Amor (Lover’s Beach): Nestled next to El Arco, this beach is perfect for couples and offers a romantic setting for watching the sunset.
- San José del Cabo: Often referred to as the “Old Town,” it exudes traditional Mexican charm and offers a quieter atmosphere with beautiful resorts, a lovely plaza, and excellent dining options.
For those seeking wellness and tranquility, Los Cabos provides a serene escape with its beautiful beaches, crystal-clear waters, and enchanting desert landscapes. There are also events like rooftop live shows, morning Ayurvedic sessions, and candlelight yoga that you might find rejuvenating.
Cabo San Lucas considers themselves the shrimp capital and is renowned for its delicious seafood, including shrimp.
The region’s restaurants offer a variety of shrimp dishes that are a favorite among visitors and locals.
One notable place is Maro’s Shrimp House, which is highly rated and known for its seafood offerings, especially shrimp. They offer a variety of shrimp dishes that are highly rated by visitors
While Cabo San Lucas may not hold the official title of shrimp capital, it certainly is a place where you can enjoy some of the best shrimp dishes.
Gratitude and Financial Freedom
Practicing gratitude can have a profound impact on achieving financial freedom. Here are some key ways gratitude can improve your money mindset and financial well-being:
## Shifts Focus to Abundance, Not Scarcity
Feeling grateful for what you already have, instead of fixating on what you lack, fosters a mindset of abundance.[1][2] This positive perspective reduces financial worry and impulse spending, making you more patient and deliberate with financial decisions.[1]
## Increases Satisfaction with Current Situation
Expressing thankfulness for your present circumstances and material possessions leads to greater contentment.[2] This can curb the desire for unnecessary purchases and make you more willing to save and invest for long-term goals like financial independence.[1][2]
## Motivates Values-Based Money Management
Gratitude motivates you to align your finances with your core values and make choices that provide deeper fulfillment.[2] This could mean prioritizing saving for your children’s education, charitable giving, or working towards an early retirement.
## Improves Financial Resilience
Practicing gratitude, especially during tough financial times, can improve your mood, reduce anxiety, and provide motivation to work through challenges with resilience.[3] An attitude of thankfulness helps you stay present, solution-oriented, and decisive when faced with money issues.
In essence, gratitude nurtures a positive relationship with money. It allows you to feel financially secure with what you have while giving you the patience and motivation to manage your finances more effectively towards achieving true financial freedom.[1][2][3]
Citations:
[1] https://www.sagespring.com/4-ways-gratitude-can-improve-your-money-mindset/
[2] https://singerwealthmanagement.com/why-gratitude-is-essential-for-you-and-your-finances/
[3] https://www.northamericancompany.com/plan-for-tomorrow/gratitude-for-financial-wellness
[4] https://blog.gratefulness.me/money-affirmations/
[5] https://www.nerdwallet.com/article/finance/how-gratitude-can-help-your-financial-life