The price of oil went negative on 4/20/20.  What the heck?  Isn’t that what’s used to make gasoline? Does that mean the gas pump will turn into an ATM, and pay us for filling up our car?

It’s the first time in our history.  You know when a gallon of gas costs less than a roll of toilet paper something is going on.  Can this be true, and what really happened?

We’ve got a Progressive, or is it a Depressive Income Tax system.  But, don’t worry, Tax Freedom Day is probably right around the corner.

Mak & G now have Education Freedom Day, and want to talk more about income taxes. Join us for more.

April 15 is here which means time to complete your income tax calculation. In comes the money you earn, and out goes the money for income tax. 

As the biggest tax, it makes up over 40% of all tax collected.  That’s about $1.5 Trillion!!! It feels like, and it is a lot of money!!! Any idea what the Bible and taxes have in common???

Taxes are part of all of our lives.  Sales taxes, real estate taxes, income taxes, payroll taxes and more.  How do you keep them all straight? Some make sense and others GROSS!!

Let’s start the discussion as it can have a big effect on your overall wealth.  There are some seriously weird taxes that have shown up over it’s 5,000 year history.  They’re more interesting than you think!!

A portfolio is the collection of all your investments (stocks, bonds and alternative investments), but many times you don’t want to pick all your stocks and bonds by yourself.

Here is where the mutual fund comes in.  It buys stocks and bonds to satisfy your needs or objectives.  With approx $20 TRILLION invested in them, it’s worth finding out a bit more!

Links and Resources: 

EduCounting website: educounting.com

Facebook: @educounting

Instagram: @educounting

Twitter: @educounting

Now that you know a bit about risk and investments, it’s time to talk about a portfolio.  A portfolio is simply the group of  investments that you own.

The key to making a good portfolio is to choose investments that work together. When done right, you can reduce risk and increase your return. Take a listen to find out more.

Check out the website for more: www.educounting.com

Stocks are risky.  And, sometimes there is a lot more than other times. One of the biggest nightmares we’ve seen with stocks was in 1929. It was called the stock market crash. 

Stocks, bonds and other money are all tied together.  Looking at the crash can really increase your understanding of how parts of the economy are connected, and ultimately led to the great depression.

Links and Resources:

Website: educounting.com

Facebook: fb.com/educounting

Instagram: @educounting

Twitter: @educount

Stocks are risky. Sometimes there is a lot more risk than other times, and it’s not related to the company but to other factors. The stock market crash of 1929 is a great example.

Listen to how the economy is connected from the stock market crash all the way to the Great Depression. It may surprise you!!

Links and Resources:

Check out the website: www.educounting.com

Like us on Facebook: @EduCounting

Follow us on Instagram: @EduCounting

Connect with us on Twitter: EduCounting

Stocks and bonds go together like peas and carrots. So now that Mak and G have a better handle on stocks, they’re going to dive into the world of bonds. 

Bonds are often seen as boring when it comes to investing, but they’re an important part of a good investment plan. Listen in to hear why! 

Check out the website for more: www.educounting.com

Mak and G have learned all about how buying the right stock can pay off big. But where do they go to buy a stock? In this episode, the twins learn about stock-buying basics, from the New York Stock Exchange and the NASDAQ to IPOs and brokerage accounts. And remember, buy low, sell high!

Check out the website for more: www.educounting.com