With the decrease in Netflix subscribers due to increasing streaming service rates and the inclusion of a lower package, which includes commercials, no wonder Peacock is becoming the preferred choice. Now, Peacock also has a lower package with commercials; however it’s about 1-2 commercials per break. The lower package costs around $5 a month, which is about $3 cheaper than Netflix.
Don’t get me wrong, Netflix has amazing content from The Last Kingdom, comedy specials (Earthquake, Dave Chappelle, and Mike Epps), and Blood & Water. However, in a society impacted by inflation regarding housing, utilities, food, and household essentials, it only seems right to find a streaming service with a bit of oldies, goodies, original content, and much more for a lower price. Peacock has recently added Bravo shows to its content such as Kandi and the Gang, Married’s the to Medicine, and the Real Housewives Franchise. These shows are up-to-date and are being released on Peacock about a day or two after being released with cable providers.
Disney’s prices have stayed the same for a while. I can remember one increase since 2020. They also have a package deal to include Hulu and ESPN, which perhaps makes it a option for those looking for such. The only concern I would have as a subscriber/investor is the amount of content being added and was it sufficient to meet the needs of families and their watching habits. Of course this concern is regarding Disney acting as a sole subscription service.
Prime also has great content and the ability to cross services from connecting to other providers (Such as: HBO, Stars, etc), offering Amazon.com benefits, and much more. The only concern would be the price if individuals care about it. For some individuals, price is nothing, but for all the rest of us, price plays a very important role in our subscription options and what we choose to pay for. The price has the ability to increase subscribers, as long as the content is adequate and engaging.
Call me bias if you want; however when considering a stock that has great stream service content, lower prices, and an ability to increase it’s subscriber capacity, I have to go with Comcast and it’s streaming service Peacock.
The stock and cryptocurrency markets have definitely seen better days, but for most people like my sister and I, this is a buyer’s market. Just meaning that this is the best time to buy things you have always wanted, such as Apple, Tesla, Airbnb.
Although this is a buyer’s market, please make sure you continue to research the stock you are about to purchase. I understand that some of you may want to buy the stock, which is now $0.30 a share. However, just a few months ago that same stock was $3- $5. With the pandemic still occurring, the decrease could be pandemic related or due to being overvalued. There’s no telling what the cause it, but it’s better to research and identify what caused the increase or decrease, so you don’t loose everything you have invested in that stock.
My ultimate Top Six Stocks and Top Three Cryptocurrencies, which I believe will excel for years to come, are listed below. These stocks have done well before, during, and are expected to do well after. Below I provide the company, tickers and
Top 6 Stocks
1. Apple (APPL)- INFORMATION TECHNOLOGY SECTOR – Current price per share $168.64. Dividend- $0.88 per share.
Apple is well known for developing iPhones, iPads, Apple Watches, computers, and technology to assist us with surfing the internet, designing flyers and books, and completing work or daily activities via the World Wide Web.
2. Airbnb (ABNB)- CONSUMER DISCRETIONARY SECTOR- Current price per share $166.53. No Dividend.
Airbnb is a hospitality hotel/hostel/vacationing in a home type of business. Consumers are able to stay in the homes of people who live or own property in the city, state, or country they live.
3. Ford (F)- CONSUMER DISCRETIONARY SECTOR-Current price per share $17.55. Dividend- $0.40 a share.
Ford is a car company that manufactures Ford vehicles. Interest in Ford has been increasing lately with the anticipation the company releasing its electric vehicles this yea.
4. Equity Residential (EQR)- REAL ESTATE SECTOR- Current price per share $86.38. Dividend $2.41 a share.
Equity Residential provides a way to invest in Real Estate without having to buy property, fix it up, and then resale it. There is nothing wrong with buying and reselling property. You just have the necessary resources to do so, which is why some people choose to invest in stock compared to the buying property.
5. ZipRecruiter (ZIP)- CONSUMER DISCRETIONARY SECTOR- Current price per share $21.43. No Dividend.
ZipRecriter is a web based employment database. It helps employers market open positions and jobseekers apply for those same positions. Employers can list information about their companies, reviews, and helpful information to assist individuals with researching opportunities. Individuals can upload their resumes, cover letters, and setup notifications for certain positions.
6. Discover Financial Services (DFS)- FINANCIALS SECTOR- Current price per share $124.14. Dividend- $2 per share.
Discover Financial Services is a credit card company. The company has cash back options, access to your credit score, and incentive programs for using your credit card or referring others.
Top 3 Cryptocurrencies
1. Bitcoin (BTC)- Current price per share $42,413.35
2. Ethereum (ETH)- Current price per share $2,923.36
One thing I know about investing is the importance of being able to discuss your investments with like mind individuals. Like mind, meaning those who are investing or want to invest in the stock market or Cryptocurrency.
Investment groups or investment discussion groups are really great to be a part of. They allow you to meet in person, virtually, by email, or text messages to discuss your investments and gain clarity to those investments.
Check out my new blog at EdwardsFamilyEmpowerment.blogspot.com which discusses investment discussion groups and social media stock groups.
There are many steps to Invest. Above, I provide my top five list on how to be successful in investing. The very first step is to research how to invest. This is the most important step. This step teaches you the fundamentals on investing.
Depending on your research methods, this may take you a long time to complete . However, we all know that learning never ends, so some of the processes can overlap each other. You can learn as you invest.
The next step is to setup your investment account so you can start investing. When doing so, you will have to provide the company you are working with your social security number. This is for tax purposes.
Once your account is set up, use the site to research stocks. This is the third step. You can also use Yahoo Finance, Motley Fool, and other reputable sites to research this information. In 2022, The Dream Stock Exchange will make its debut on the stock exchange ( https://dreamex.com). Dream “will focus on small business capital formation and diversity using the power of the American investing.” Make sure you check it out.
The next step is to create or join an investment support group. This group can be made up of friends, family, and even strangers. This will allow everyone to discuss stocks in detail and get others opinions.
The last step is to have fun. Investing should be fun and you should only invest what you can. Have fun, but not too much fun. You also have to be responsible while investing.
Here is my next article on investing that I wrote for Edwards Family Endowment. There are 2 other parts set to be released between now and the beginning of the year.
Here is my next article on investing that I wrote for Edwards Family Endowment. There are 3 other parts set to be released between now and the beginning of the year.
Recently, I was given an opportunity to write an article on investing. I decided to do it in 5 parts because there is so much information to investing. Feel free to click the link below to see my first article.
How long Should I Invest? This question truly depends on your financial goals. Some people have short term goals, while other people’s goals are long term. It’s good to have short term and long goals. This allows you to invest in your present and future.
When investing you may want to consider the taxes you have to pay on stock sold before 1 year compared to stock sold after 1 year. Your annual income and filing status also pays a part in how much you will be taxed for the year. Let’s look at an individual filing head of household bringing home around 53,701 to $85,500 a year. Say this individual brings home $69,600.5 (The median between $53,701 and $85,500). She has capital gains of $10,000, which brings her annual income to $79,600.50. Her short term taxable rate is 22% compared to a 15% long term taxable rate for an individual filing head of household, bringing home between $53,600 to $469,050.
As you can see, it pays to invest long term; however, there are those occasions where short term investments are inevitably. Some examples are reverse stock splits, trying to save some portion of your investment, and day trading of course.
Now I can’t tell you what you should do. All I can say is to do what’s best for your wallet.
These are a few long term and short term stocks that you should consider.
How do you create generational wealth when you don’t even consider yourself wealthy? Well everything and everyone has a starting place. You have to start somewhere to get somewhere else.
Let’s take Master P for example. Master P is the definition of a true hustler. He is a rapper, owned No Limit Records, makes movies, invested in Rap Snacks, has Rap Noodles and Chips , Uncle P’s Seafood and Fish Fry, promoted Stock BossUp App, and more.
His entrepreneurial spirit is seen within his sons Romeo and Hercy. Just listening to them and watching them is a clear indication they are creating generational wealth. They are receiving and passing down the torch of financial wellness to family and others, which is a true blessing.
Let’s break down generational wealth to get a further understanding. Generational deals with family lineage; A grandfather, his son, his son’s children, and his great grandchildren. Generational also deals with individuals who are born within the same generation, so baby boomers and Gen Z are examples of this. Wealth is having an abundance of something. You have more than enough of it whether it’s love, family, healthy relationships, and money.
Generational Wealth is either family lineage or a generation of people who have an abundance of love, family, healthy relationships, and money. For this article, we are going to focus more on the money aspect and how to get generational wealth by investing or creating a routine deduction from your bank account to go into your investment account.
Ways in which you can create generational wealth is by investing in businesses, creating a business, creating a custodial account, Investing in a 401K or 503B, Roth Account, life insurance, supplemental life insurance, and a Savings Account. Now there are definitely others ways to create Generational Wealth; however these are the areas we will focus on.
Investing in businesses and creating a business provides a way for you to get a return on your investment, especially if the business is very successful. You can invest in startup businesses, stocks, IPOs, and calls and puts. Do your research to identify the best strategy that works well for you.
A Custodial Account gives you the ability to invest in stocks, mutual funds, etc. for your child or individual under the age of 18 or 21. Just know that once you transfer funds into this account, it can only be used for trades associated with the individual you created the account for. You are not allowed to withdraw money or transfer money or stocks from this account.
401 k and 403b plans are company based retirement plans. A 401k is used for For-profit companies and a 403b is used for non-profit companies. These plans assist you with setting aside a certain amount of money from your pay check to go into retirement. Some companies will match your contributions between 3 and 6%. Also with these accounts, you do not pay taxes on the funds until you withdraw it.
A Roth Account is an individual retirement account. You can set up a certain amount of money to be taken out of your checking or savings accounts. Taxes are taken out this account immediately so you will not owe it in the future. Now if you work for the state or federal government, their retirement plan is a Pension. There is also an additional retirement account called deferred compensation. These accounts are very similar to a 401k or 403b plan.
When you are employed with a business on a full-time basis, they usually provide you with life insurance after you make it past your probationary period. The insurance is usually 1x’s your current salary. Some families need more than this to help sustain themselves for a year or two after a loved one has passed away. If this is the case, you may want to consider supplemental life insurance. You should work toward identifying how much debt you and your family will have if something happened to you today. This would help you understand how much additional insurance you will need to help you take care of these responsibilities.
The last account that everyone should own is a savings account. I’ve listen to Suzie Orman and have read Rich Dad, Poor Dad and Think and Grow Rich. Some of these books and individuals stress the importance of law of attraction, saving up to 6 months of funds to pay for monthly bills, and paying yourself before you pay other people. This is the same for a saving account. Try to save 3-6 months for an emergency. You can also have different savings accounts which you pay different thing from, such as bills, recreational activities, and emergencies.
My last suggestion is that you should add beneficiaries to your accounts so it will be easy for them to access your accounts if something happens to you. Most of the accounts above will allow you to add one or more beneficiaries.
The information above provides ways to create generational wealth. Of course, financial education is the number one thing that should accompany this information. Financial education starts at home. It helps you understand how to save, manage your accounts, and choose things that best fits your needs.
Feel free to check out my book: From 500 to Well Over 700: How to Save Big and Increase Your Credit Score. The link is provided below.
Lately, a lot of people have been paying close attention to the stock market, especially with the development of the delta variant. It’s truly hard to tell what the market will look like in the next few months because it truly depends on the variant, the state of this country, and the nations concern regarding inflation.
Many investors have been reacting to these concerns by selling things they may have been buying in record numbers last year. Some noticeable changes I have seen is the sell off of stock such as electric vehicles, marijuana, and Consumer Discretionary such as recreational activities, such as Airbnb and Las Vegas Sands.
Stocks that seem pretty stable or have been increasing regarding share price is technology such as Apple and slack technologies, consumer Staples/Discretionary such as Target, real estate, and financial services, such as Discover Card.
Now this isn’t to say that the stock above will always be on top or the bottom. It’s just to show how with the concern of the delta variant and inflation, these are stock that seem to be doing well or not so well at this time.
Melica Niccole 