Mastering Money 10/02/20

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Manage episode 273525748 series 1129321
By IQ Wealth Management and Steve Jurich. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
Many investors think that the only way to build wealth is to see the price of your stocks go up, however, many stock more fortunes have been built with stock splits and dividends reinvested over time. Warren Buffett refers to it as the SNOWBALL effect, where down markets can actually become your friend. Today, we'll use Amazon as an example, following it from its IPO in 1997, through its multiple stock splits, and magnificent growth. Ten thousand dollars invested in Amazon back then would be worth more than 12 MILLION DOLLARS today! We'll examine Amazon's fascinating history, with some deep insights on how to build your own fortune. Then Medicare specialist Shelley Grandidge joins us. Don't miss today's GREAT show...MASTERING MONEY is on the air!!!

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