Tag: Finance
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Stock Split Psychology
Recently, Nvidia announced a stock split, and their stock price jumped 20% in response. While their earnings were favorable, the psychology behind stock splits often drives significant price increases. Historically, a company’s stock tends to rise by about 25% within 12 months following a stock split announcement. But why does this happen? The FOMO Effect…
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Maximize IRA / 401K Contributions
It’s tax season…meaning it’s a good time to understand your financial situation, and that includes your retirement account. Maximizing your IRA or 401K contributions might initially appear counterintuitive—after all, it means diverting funds from your immediate savings. However, the long-term benefits far outweigh the short-term sacrifice. By contributing to your retirement accounts, you’re essentially investing…
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Open Doors in 2024
It’s time to seek the Lord’s guidance for our financial journey in 2024. Which financial door is God opening for you? What are your financial goals? My goal is to become more knowledgeable about the stock market and to learn about technical analysis. Whether your goals are big or small, having a well-thought-out plan is…
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It’s Only 6th Grade Math…
Whenever I bring up the idea of building wealth and understanding finances on paper, I tell people that it isn’t rocket science and all you need is basic elementary math to comprehend how it works. And it all begins with creating a budget. In its simplest form, you add up your inputs (income & assets)…
Faith, Finance & Fatherhood 