Tag: Investing
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10 Years, 13,000% Increase!
Over the past decade, with over a 13,000% increase, Bitcoin has experienced a meteoric rise that has left many investors and financial experts in awe. Since its inception in 2009, the cryptocurrency has seen an astonishing increase in value, transforming it from a niche digital asset to a mainstream financial phenomenon. Despite this remarkable growth,…
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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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Inputs vs Outputs
In the realm of financial investments, it’s imperative to recognize that while we cannot always fully control the output of our investments, we have a significant influence over the inputs. These inputs can range from saving for a home, investing in a second property, allocating funds towards an Index Fund, or even exploring opportunities within…
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The Insider
As election fervor sweeps the nation, media channels are ablaze with political discussions. However, at 3F, we prefer steering clear of political chatter, reserving our focus for matters of finance and the economy. A while back, a friend sparked an intriguing conversation about the desire to unveil the stocks and investments chosen by our senators…
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Seed Time Isn’t Harvest Time
Just as in nature, there is a designated time for sowing and another for reaping, the same principle applies to our financial endeavors. Seed Time represents the period of investment, hard work, and laying the groundwork for future rewards. It’s a time of patience and faith as you wait for your efforts to bear fruit.…
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Can You Handle The 40/40/20 Rule?
Can you truly live off the 40/40/20 rule? This extreme method of budgeting seems like a fast track way to build wealth, but is it sustainable? Let’s explore this rule and see if this would work on a $125,000 income. Basics: Based on Gross Income Using this formula, let’s see an example based on a…
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Little By Little
Today, let’s delve into the wisdom found in Proverbs 13:11 which states “Dishonest money dwindles away, but whoever gathers money little by little makes it grow.” Just as a mighty oak tree starts from a tiny acorn, financial growth begins with small investments. Consider venturing into various avenues of investment that align with your financial…
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Spend Less, Invest More
As Christian fathers, we are tasked with providing and caring for our families. One simple way to enhance our financial security and provide for our families’ future is by adopting the mindset of spending less and investing more. The year 2024 is full of potential for our financial growth and stability. One practical approach to…
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$1 Trillion Debt Challenge
In 2023, Americans encountered a staggering milestone, collectively amassing over $1 trillion in credit card debt. The average household found itself burdened with over $6,000, compounded by a relentless average credit card interest rate of 22%. A nation drowning in financial strain, seeking a way out. As we embark on the journey of 2024, it’s…
Faith, Finance & Fatherhood 