JWD

Data Scientist, Machine Learning Engineer and Financial Literacy Educator

[JWD @JohnnyWerD]

Haven’t been on Twitter in a minute. What’s new ?

[JWD @JohnnyWerD]

These misinformed people are claiming you cannot make money while the stock market is down. You can actually trade both ways! This pandemic affects all markets. Please do your due diligence and get your information from the right sources.

#johnswerd

[JWD @JohnnyWerD]

Stock News!

There are people out there misinforming others to not trade stocks and to trade forex instead. Calling this a recession. All markets including Forex Market are risky. Right now is actually the best time for those to purchase a stock.

[JWD @JohnnyWerD]

Or save the money in your portfolio and wait for a good chance to start investing your money

[JWD @JohnnyWerD]

Everyone is saying coronavirus is not serious. That’s it is regular.

Do you see high measures are being taken in other countries!? We are not immune to sickness. We don’t even a cure!

It’s a virus not a bacteria talking about hand sanitizers(antibacterial)

[JWD @JohnnyWerD]

Tax Season:

Tax Refund is not a reward.

Do not use this money to play catch up on bills.

Use this as an opportunity to invest in yourself or a new skill. Think of this money as an emergency fund placed on the side.

#johnswerd
#WednesdayWisdom

[JWD @JohnnyWerD]

@FabriceMesidor I was so upset

[JWD @JohnnyWerD]

People will choose who they want to promote. Don’t take offense to it, your time will come. Keep on grinding tho because it’s not about that it’s about perfecting your craft for the masses not that one person.

[JWD @JohnnyWerD]

College Students:

You receive a refund check every year and spend it on libations.

Take the refund check and invest into stocks, REIT, or a company.

By the time you come out, you can say i have invested into xyz and made a return of xxx.

#johnswerd

[JWD @JohnnyWerD]

Got a chance to be a panelist at the Black Excellence in Tech Event for the first time. .
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It was such an amazing experience being among so many inspirational black people. .
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I hope to be on more panels very soon! 🤞🏽 Thank you to @flatironschool for having me!

#johnswerd

[JWD @JohnnyWerD]

We should always remember

[JWD @JohnnyWerD]

Promote Saving:

I will always promote saving your money first before investing into anything. Investment money should be money that you do not NEED. You should WANT to save your money into a high APY savings account!

Save now worry later!

#johnswerd

[JWD @JohnnyWerD]

@anibelvrgs I agree with this! More should go to savings and any high interest loans you may have

[JWD @JohnnyWerD]

Attn New Saving Tip:

Dealing with money seems hard if you don’t understand how it works. Here is one of the best practices to stay on top of your budget!

50-30-20 Rule:
50% on needs (phone bills, loans)
30% on wants (movies, cloths)
20% on savings

[JWD @JohnnyWerD]

Appreciate Entrepreneurs:

Being an entrepreneur is not an easy task. You are constantly critiquing yourself and making sure you are putting your best foot forward for your craft/business.

If you know someone working on their craft/business shout them out.

#johnswerd

[JWD @JohnnyWerD]

The people who i expected support from is not who i receive any support from. It’s all good though I’ll make it with the people who truly believe in me 😤

[JWD @JohnnyWerD]

Save Money:

If you are in a store about to purchase a brand clothing.

Ask yourself these three questions
1) Did I pay off my credit card?
2) Did I pay 20-30% more on my monthly loan?
3) Is my net worth at zero?

If you didn’t get yes in all three put it back!

#johnswerd

[JWD @JohnnyWerD]

#johnswerd

[JWD @JohnnyWerD]

Attention Everyone:

When you are looking for a savings account pay attention to the APY also known as Annual Percentage Yield! Why? Because there are banks that offer more than .01%

Here are a few :
American Express - 1.70%
Goldman Sachs - 1.70%
Barclays - 1.70%
Vio - 1.90%