Money On My Mind
Great Morning Beautiful People!
I hope you’ve started your day with a spirit of excellence and gratitude!
I’m not sure about you, but money has really been on my mind lately. Not only have I been taking advantage of all the Covid-19 resources, such as the Payroll Protection Program (PPP Loan) and the Emergency Disaster and Injury Loan (EIDL) through the Small Business Administration (SBA), I’ve also been exploring investment opportunities where I can see my money grow for the long term such as real estate, stocks and currency exchange.
There’s no better time than now to be thinking and dreaming BIG. There’s an abundance of resources, knowledge and opportunities available for us to grow financially; we just need to tap all the way in and start taking smarter risks.
For instance, when I heard about the PPP Loan and EIDL Loan, I wasn’t sure if I would qualify. I checked out a few Youtube videos, completed the applications and submitted them both with a nice, quick prayer. I worked directly with a rep from my bank for the PPP Loan and got approved within 30 days. 2 weeks later, I got an email to accept my funds from the EIDL and the money was deposited the next day. Just this past weekend, I applied for the Facebook Black Owned Small Business Grants Program (Deadline Aug 31) and the Houston Small Business Economic Relief Program (Deadline Sep 4).
I’m sharing this with you because far too many times we don’t make moves based on the fear of the unknown. We have to start making choices in faith of the unknown. It’s not “what if this doesn’t work out?” It’s all about “what if this does work out?” Honestly — what do we have to lose at this point?
So now, I’ve started taking even more leaps of faith. I’m officially a shareholder at Apple, Slack, Nokia and several other companies in the medical, energy and technology industry. Go Precious! Go, go…go Precious!
Am I stock trading expert? No. Did my parents teach me about trading stock? No. But guess what, I didn’t let that stop me.
I’m not sure if you remember everybody going bananas about the Zoom stock skyrocketing during the peak of the pandemic, but I honestly felt a type-of-a-way for not being in the financial position to capitalize on that opportunity. After my sister put me on game about the 4-in-1 split with the Apple stock last week, I created my Robinhood account and bought 1 share. (Go ahead and create an account too so we can both get some FREE stock to add to our portfolio.)
Tesla is currently on the rise as well, offering a 5-in-1 split for all shareholders on August 31, 2020. I know electric cars are the way of the future, which leads me to exploring Hydrogen, Copper and the other materials they need to build these electric cars. Through my independent research and insight from tribe that’s investing as well, I’m incredibly confident that my net worth will be 10x greater in the next 5-10 years.
The other MAJOR play I’m excited about is the foreign exchange market. Yes, Forex. I was actually introduced to this market back in 2016. I’ve always known it was a lucrative opportunity to make short and long term money, but I just wasn’t ready to invest the time in learning a new skill set. The wait is over — it’s time to find the time. I need my money to be working for me, not the other way around. Motherhood is knocking on the door and I cannot open it until I feel a bit more secure in the financial trajectory of my legacy.
My legacy is my priority. What’s yours? (Comment below. I really want to know.)
Let’s build with legacy in mind.
With love and grace,
Precious Azurée
