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How We Created $10,000 Worth of Wealth in December
A December Santa Claus Rally could have helped sweeten 2024 but Santa was drunk. Krampus showed up by New Year's Eve. Our stock performance bumped up 39% for the year though, and our net worth followed.
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How will you invest in 2025. Could S&P 500 soar to +7,400?
Below are the newest 2025 stock market S&P 500 price forecasts, ranging from 6,400 to 7,000. This implies a return of +5% or +15% from the December 5, 2024, adjusted close of 6,075. We pulled through the cocaine bear market low (of 3,577 in October 2022). Clawed back victory on the back of 2023. Thank God, we survived the US Elections of 2024. We are now riding the irrational fumes of a Dark MAGA Bull Cycle. To make matters worse, Sports betting and Bitcoins are in vogue. Beware the finance bros with less than 0.00244 Bitcoin (BTC). They are up 40% and are over the moon for +$400 gains (pre-tax).…
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Massive Trump Win. What’s next for the most pro-stock market administration?
The Trump 2.0 economy is experiencing significant growth, with the stock market reaching new heights following Trump's election. Pro-business policies, tax reform prospects, and retail investor enthusiasm drive this rise. Despite potential risks from tariffs and inflation, there is optimism for strong returns in the coming years, underscoring the importance of personal financial planning.
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Why Financial Freedom Should Be On Your Wealth Bucket List
Achieving financial freedom necessitates a Wealth Bucket List to prepare for retirement. The author emphasizes accountability, budgeting, and discipline as paths to personal finance success. Planning for retirement includes significant financial goals, a commitment to lifelong learning, and a passion for travel and service. The aim is to create a purposeful, fulfilling life post-retirement.
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2024 Economic State of Hispanic Americans and its Long-Term Effects on Latino Wealth
Hispanic Americans have experienced notable financial growth over the past decades, with median wealth increasing from $10,000 in 1989 to $62,000 in 2022. This positive trend includes significant gains in equities and real estate post-pandemic. Despite challenges like high student debt and uneven homeownership rates, projections suggest Hispanic household wealth might become the second highest by 2050. Nonetheless, economic disparities remain, highlighting the need for strategic financial planning and education.
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Where’s Your Money Going? How to Track Your Expenses.
According to a 2024 Debt.com survey, nearly 94 percent of households noted that they have a budget. And yet, Americans are struggling with their expenses. With higher-than-average inflation, low wages, and high revolving consumer debt, it’s time to modify your behavior. Tracking and managing your expenses is the difference between barely making it and becoming wealthy. As you may know, the TNFG household reviews our expenses monthly or as often as needed. It’s a great opportunity to make cash flow changes instead of unexpected changes. Life happens. I repeat Negative Financial challenges will happen just as often as Positive ones. Know that they are coming and learn to adapt and…
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How Much Money Can You Make Investing in the S&P 500 through 2030
The TNFG S&P 500 year-end predictions anticipate inflation, AI-related market shifts, and retirement crises causing increased volatility. Despite potential bear markets and economic uncertainties, experts predict growth for the S&P 500, potentially reaching 10,000 by 2030. Investors are encouraged to leverage market dips and remain agile, projecting substantial long-term gains.
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Here’s the Solution to The $4 Million American Dream
Based on the last 12 months’ CPI number, the American Dream costs over $4 million. A recent analysis estimated the median cost for a family of four to live the Dream in each state was $156,666 annually. A number that seems to be rising at least 4%-5% year over year. All of this is at a time when 80% of millennials and Gen-Zers think it’s impossible to attain. As of August 2024, the median savings account balance in the United States was $8,000. Inversely, the average credit card balance for QTR 2 was $6,329 per consumer. Folks are going broke while arguing which multi-millionaire should be elected. Just 41% are…
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How to Multiply $100k Worth of Opportunities Using the Net Max Financial Plan
Reaching a total investment portfolio of $1M and now it's time to draft, plan and multiply $100k worth of opportunities.
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4 Tips on How to Beat Inflation. Stock Market Performance Between 2020 and 2024
As of April 2024, the stock market was down 5% and inflation is still up 3.4%. Although the market recovered since, day-to-day life has become unaffordable for most Americans. In 2024, money isn’t cheap anymore; proving that financial illiteracy is expensive. At this rate, your knowledge or financial awareness equals your family’s future purchasing power. If you want to compete in modern times, it’s now mandatory to invest. Investing $100 in the S&P 500 at the beginning of 2020, you would have about $145.67 at the end of 2023, assuming you reinvested all dividends. This is a return on investment of nearly 46% percent, or an annualized average return of 10.8% per year. But that’s…
