Kyle P. Jennings

This day in history: January 12th 1914: Henry Ford announces that he will share the Ford Motor Co.'s profits with its workers by raising wages from $2.34 for a nine-hour day to $5.00 for an eight-hour day. He hopes his own workers will be able to afford to buy their own Fords; within two years, Ford goes on to produce its 1,000,000th car. 2021: Today, the average Ford assembly line worker makes $23.50 an hour and The Ford Motor Company is worth $38.92 Billion! ... Source: http://www.hfmgv.org/exhibits/hf/chrono.asp

This day in history: December 31st 1928: The Dow Jones Industrial Average hits 300 for the first time, finishing the day at exactly the three-century mark. After taking nearly 22 years to rise from 100 to 200, the Dow has tacked on the next hundred points in barely over a year. 2020: The Dow Jones Industrial Average is trading at 30,500.... Source: http://averages.dowjones.com/

Congress Agrees on $900 Billion Stimulus: What's in It, What's Not Key Takeaways: ~ Direct payments of $600 per person including dependents 16 and under.... ~ Unemployment benefits of $300 per week for 11 weeks, starting Dec. 27, 2020. ~ Small business relief funding totaling $325 billion. ~ Vaccine development and distribution monies of $69 billion. ~ Help for schools, renters, welfare recipients, and more. ~ No state and local funding or liability protection for businesses. ~ The status of possible student loan relief is uncertain. Read the full article @ https://www.investopedia.com/congress-agrees-on-second-stim

This day in history: December 22nd 1973: Meeting in Tehran, the oil ministers of OPEC's six Persian Gulf member countries announce that they will unilaterally raise the price of crude oil to $7 per barrel -- and that it will go up again, to $11.65, on January 1, 1974. In two-and-a-half months, OPEC has raised the price of oil by 128%. 2008: Oil peaks at $147 per barrel ... 2020: The price of oil is currently $47.22 Source: www.opec.org

On this day in history: December 17th (Wright Brothers Day) 1903: The airplane age is born at 10:35 a.m., when Orville Wright heads into a 27-mph twisting wind and flies roughly 10 feet above the frigid sand dunes of Kitty Hawk, N.C., covering a distance of about 120 feet in 12 seconds. Today: Worldwide, the airline industry generates more than $800 billion in revenue annually. ... Source: http://lcweb2.loc.gov//www.aero/history/wright/flight.html

If you are a millennial, you should be investing aggressively in the markets. Now is the time to begin accumulating money and putting it to work to save for the future! For those who haven't invested anything before, the massive number of investment choices is overwhelming. The impulse to delay or "put off" decisions and keep your money in "cash" is understandable, but YOU MUST strive to overcome it if you want to grow your monies. WHY INVEST? Investing is essential to good money management because it ensures both present and future financial security. Not only do you end up with more money in the bank, but you also end up with another income stream. Investing is the only way to achieve both growing wealth and passive income.