Reasons Why Labor Creates Wealth

why labor creates wealth
Many have studied the reasons why labor creates wealth. There are many economic theories–some in vogue, some not–that address this issue. Karl Marx And The Value Of Labor Karl Marx and other economic theorists including Adam Smith and David Ricardo believed in something known as the labor theory of value, which Investopedia describes as the notion that “the value of a commodity was determined...
more →

How to Know if a Company Is Worth Investing In

How to know if a company is worth investing in
How to know if a company is worth investing in? It’s not enough to know a company’s worth–smart investing involves researching a company, knowing important details like the stock’s 52-week average, and how the company operates. Is A Company Worth Investing In? It’s sad to hear otherwise intelligent people talk about wanting to invest in a company like Starbucks because “everybody...
more →

NYSE Reopens: What Are The Rules In Place?

NYSE Reopens
On March of 2020, CNBC reported that the global COVID-19 pandemic forced a historic closure of the trading floor of the New York Stock Exchange; a March 18, 2020 CNBC post noted that two employees at NYSE tested positive for COVID-19; the closure marked the “first time the physical trading floor of the Big Board has ever shut independently” to rely on electronic trading as it has ever since. The...
more →

Five Money Lessons from Joejuan Williams

joejuan williams
There are five lessons to be learned from Joejuan Williams’ money mastery. He lives off 10% of his multimillion-dollar income, and I’m not sure I’ve ever been more proud of a stranger. Learn good habits early Joejuan Williams credits a finance course he took in high school that helped him form his good practices as a millionaire. He learned about 401(k) plans, certificates of deposits,...
more →

3 Reasons You Should Start an Investment Club

investment club
If you and your friends have thought about pooling your resources to create an investment club, then you should go for it. I’ve considered the idea but have, regretfully, failed to execute. Maybe it’s because I didn’t fully understand all of the benefits. Here are three reasons you should start your investment club. Share the Wealth and the Risk To begin with, you have access to...
more →