Rambling Mind

The Federal Reserve made huge news with its brand new Monetary Policy and it had decided inflation the thing that makes my money less is no longer a problem. Facebook and Apple are fighting because of the latest ios14 update that might cost Facebook money. The Stock Markets continues to climb to new highs as Apple and Tesla had their stock splits. And so much more on this episode of Rambling Mind Podcast. Thanks for listening.

If you have questions email me at [email protected]

Back with the regularly scheduled programming. In this episode, we talk about consistent simple steps that we should take in order to build wealth. 

1. Get an Emergency Fund. Open a high interest savings account with a bank like Ally or Marcus or Simple or so many other internet banks. Where you can literally park some money. Now it's not fancy but the peace of mind you get from this will be mind blowing. In the US, 59% of people cannot cover an emergency expense of under $1000. This is to protect you from that unfortunate event happening.

If you have questions email me at [email protected]

This episode is very different from the normal episodes. Come back next Tuesday for the regular episode. I just had a lot on my mind and wanted to share with everyone to keep Hope Alive.

Today we discuss a way for every single person to invest without even thinking about it. It is something that we can all start doing literally in the minutes that after we listen to this podcast. I think with all the information that is available to us, we can over complicate things because information can become a burden. We can get side tracked into a bunch of other things that distract us from the goal of investing which is simply to make money over a period of time. In this podcast, I break down exactly what every person should invest in to start saving towards that goal of retirement. The main way to do this is through something called a Target Date Index Fund. I break down how to invest in this Fund

If you have questions email me at [email protected]

The New Paper: https://bit.ly/32haOQj

1. Target Date Index Fund

2. ETF variation of Target Date Index Fund

In this episode, we talk about the battle between Epic Games and Apple. How the S&P 500 was able to recover at a historic pace never seen before. Warren Buffett does something that he has continually spoken out again in buying gold and what that actually means for your portfolio. Then we hit on Oracle wanting to buy TikTok and what that means for the platform. Thanks for listening. Click links below for more information.

f you have questions email me at [email protected]

Today, we discuss some basics that we need to understand in order to help us save more money and help us pay off our debts. We focus on five main ideas that are key in order to get things moving in the directions you want them to move.

If you have questions email me at [email protected]

1. Make a Goal

4. Subtract your spending from your take home pay

    -Before you pay for everything with a credit card, ask these two questions

5. Moving towards your goals

SO President Trump decided to take things into his own hands and create an entire Stimulus Package without Congress. Which technically he cannot do but either way he passed 3 Memorandums and 1 Executive Order to try to hit on all the parts of the Stimulus Package deemed important. However, the question is did this actually do anything at all to help people or was it just for show to make him look good. We go deeper on all the memorandums and executive orders. Tesla also announced a Stock Split that will happen at the end of August which will be awesome to see. College Football is gonna make a lot of people cry this fall and I do not just mean teams that never had a chance this season. Amazon making moves to be in malls, and travel is slowly getting back on its feet. All this and so much more. Thanks for listening.

If you have questions email me at [email protected]

So money can be complicated. OR rather we can make money a lot more complicated than it needs to be. We add so many layers to the very basic understanding of how to use our money and make it work for our benefits. In this episode, I break down exactly how to I view money that I make. Whether it be from a paycheck or a gift that I receive or a stimulus check. Whatever money I get, I think through this process to determine how to use that money.

Money we spend falls into 3 different categories:

If you really think about it, every single thing you spend money on falls into one of these three categories.

So what and how do I spend my money, I use the process below to determine where I can spend my money. Before even getting to this point, I do a budget to see the amount I need for my bills and expenditures. After this I run through this list for the leftover and determine where it will be used. 

If you have questions email me at [email protected]

TikTok continues to be in the news because it is on the verge of being banned in the US. Microsoft might just be its savior by buying and acquiring its services. Apple reports its 2nd Quarter Earnings and well it was AMAZINGLY good. They also announced a 4-1 stock split for the shares of Apple. Disney followed up with abysmal earnings report but has some good news with its streaming service Disney+ continues to grow. The US GDP shrank 33% in the 2nd Quarter and we are heading towards 23 million people being evicted. A lot to get into in this episode, thanks for listening. For more information on everything discussed, links below:

If you have questions email me at [email protected]

After the Antitrust Hearing of Apple, Amazon, Google, and Facebook. I got thinking about how much we LOVE convenience but then complain about how the services we love is taking so much from us like our privacy and data. But then I started thinking about how convenience has gotten in the way of us progressing in other parts of our lives like:

Spiritual

If you have questions email me at [email protected]