3 of 3 Series : A Wise Dividend Growth Investor (Wealth Building)

by C. Henry Adams


On Sunday, April 21st 2019, I was invited to attend dinner with Family & Friends as a Guest.  Because I did not get permission or authorization from my Hosts to mention their names prior to writing this blog, I will not mention their names at this time.

Nevertheless, following the great meal, I had the opportunity to set down with the Lady of the Home and her Colleague & Visitor, Mr. Larry Bennett.

What thought struck me in my mind regarding the Gentleman was that he built mainframe computers for IBM 42 years ago.

Well, 42 years ago was 1977.   I was not old enough to drive a car or pretty much do anything else as a 7 year old.

As I sat with a closed mouth and open ears listening to two renown individuals ( the Lady of the House & Larry Bennett ) converse regarding their accomplishments, I was impressed.

OK, I'm going to shorten the story due to my long tale telling capabilities.

So, there I was observing two 'Liked Minds' or Brilliant Business People.  It was like watching ordinary People who do extra ordinary things.

Mr. Bennett is a Wise Dividend Growth Investor.  Yeah, yeah, you have heard of Warren Buffett, but it is not often we encounter these Investment Gurus up close like Larry Bennett.

What stood out about his character that goes along with his intelligence was the fact that he was down-to-earth and willing to educate anyone seeking to learn about investments.

Here are some thoughts to ponder regarding the wise advice of  Mr. Larry Bennett:

• Try to save 10% of your earnings.
•  Become an avid reader regarding Business & Finance.
• Set a goal to obtain a number of shares of a particular company.
• Perform thorough research regarding companies in stock markets; know what you are
  getting into prior to involving oneself.
• Consider choosing 7 companies that yield or pay dividends.
• Observation or Due Diligence of each selected organization's growth for a 10 year period should be applied.
• Consider discussing the Finance Markets with 'Liked Minds' or Brilliant Business People, privately.
• Spend time with your Family and balance your life.

Finally, to close out this series of 'Wealth Building', please understanding that wealth encompass many more things, then shared in these three (3) blogs:

• 1 of 3 Series:  Teaming Arrangement Strategy  (Wealth Building)
• 2 of 3 Series:  Assets & Liabilities (Wealth Building)
• 3 of 3 Series : A Wise Dividend Growth Investor (Wealth Building)

However, if I was to take one term from each of these blog articles regarding this series to make a final statement, it would be:

Consider teaming while building a reputation of being an asset to a community where you receive dividends in your business, as well as, others.

Thanks!


C. Henry Adams
Benefits Advisor
Aflac
977 Montreal Rd
Box 1089
Clarkston, Georgia 30021
bienminc@gmail.com
CHA Linkedin 
(404) 254-7187

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2 of 3 Series: Assets & Liabilities (Wealth Building)

by C. Henry Adams

According to Investopedia,  asset is a resource with economic value that an individual, corporation or country owns or controls with the expectation that it will provide a future benefit. Assets are reported on a company's balance sheet and are bought or created to increase a firm's value or benefit the firm's operations.  https://www.investopedia.com/terms/a/asset.asp

Furthermore, Investopedia define the term liability as a company's legal financial debts or obligations that arise during the course of business operations.  https://www.investopedia.com/terms/l/liability.asp

I recall hearing a very good,  Big Brother Mentor make a profound statement. He said,  " You are either an Asset to someone or a liability.  Once you become liable, your services are no longer useful. "   Dannie James, Sr.

Warning:  This statement could perhaps be interpret in multiple ways.  But, for the purpose of this blog, let's identify a company or organization as a whole being either an Asset or Liability.

Nevertheless, when one recalls the above quote; a flurry of thoughts trickle down within my mind.

These terms & phrases appear as such below:

• Ethics
• Ethical Practices
• Best Practices ( BP )
• Integrity
• Speaking or addressing an issue in a professional forthright tone
• Utilizing Tact
• Utilizing the three F's technique. ( Feel, Felt & Found)

Ethics & Ethical Practices is having knowledge of the right thing to do while being proactive to resolving incidents or situations to say the least.

An organization utilizing ' Best Practices '  ,whereas, regulations, rules, laws or guidelines are implemented regularly, should consider this a high priority.

Integrity should be attributed throughout a company's BP.  Perhaps, a Company's Spokesperson should always speak or address an issue in a professional forthright tone.

Often times, emotional circumstances could elicit behavior unbecoming; utilizing tact is imperative.

Finally, pro-activity helps prepare an establishment for the unexpected.  Utilizing the three F's technique ( Feel, Felt & Found) when conceivably available to resolve an issue; helps
builds business relationships.

Please understanding that wealth encompass many more things, then shared in these three (3) blogs:

• 1 of 3 Series:  Teaming Arrangement Strategy  (Wealth Building)
• 2 of 3 Series:  Assets & Liabilities (Wealth Building)
• 3 of 3 Series : A Wise Dividend Growth Investor (Wealth Building)

Thanks!


C. Henry Adams
Benefits Advisor
Aflac
977 Montreal Rd
Box 1089
Clarkston, Georgia 30021
bienminc@gmail.com
CHA Linkedin 
(404) 254-7187

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1 of 3 Series: Teaming Arrangement Strategy (Wealth Building)

by C. Henry Adams

Imagine (5) five companies working together to provide solutions for a common client or clients.

Based off the foremost need or needs, one of the companies serve as the Primary Provider of the Contractors for a particular customer. The purchaser is either a multi-million dollar or multi-billion dollar buyer.

W2 or W-2 in the above illustration is identified in the United States as a Internal Revenue Service Tax Form that employers utilize to report taxes withheld from employees.   Thus, we are recognizing a business that provides these forms while legally reporting taxes taken to submit to the US Federal Government.

1099 or Form 1099 in the above illustration is identified in the United States as an Internal Revenue Service Tax Form that companies provide independent contractors with to report the various types of income they may receive throughout the year.  Note: There are a number of different 1099 forms, but our focus point here is on independent contractors.

Can a business contract as an  independent contractor with another business?   Answer:  Yes

A Teaming Arrangement (TA) is also a Contractor Team Arrangement (CTA) which two or more organizations come together to provide a total solution to meet a particular customer's needs.

Thus, the model mentioned above recognizes an organizational structure that could be conceived as a TA or CTA.  Please understand that wealth encompass many more things than mentioned.

• 1 of 3 Series:  Teaming Arrangement Strategy  (Wealth Building)
• 2 of 3 Series:  Assets & Liabilities (Wealth Building)
• 3 of 3 Series : A Wise Dividend Growth Investor (Wealth Building)

Thanks!


C. Henry Adams
Benefits Advisor
Aflac
977 Montreal Rd
Box 1089
Clarkston, Georgia 30021
bienminc@gmail.com
CHA Linkedin 
(404) 254-7187

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Define Benefit

by C. Henry Adams

According to a particular dictionary found on the Internet,
'Benefit' is define as an advantage or profit gained from something.

Would not you want to gain something or a financial profit for years yet to come?

So, what must you do to gain something or possess a financial profit for possibly decades?

The simple answer is in bullet points below:

1) Make up within your mind by establishing the firm thought to prosper.
2) Plan the journey to gain something or possess financial profit, then simply implement it.
3) Focus on this venture.
4) Identify various legal & moral ways to gaining more stability.
5) Prepare to enhance oneself, as well as, others involved in the undertaking while being available to learn, adapt and overcome obstacles to success each new day.
6) Share while giving during the development or enhancement of your ' soft skills or people skills '.
7) Repeat 1 through 6 to improve your future outcomes.

Thanks!


C. Henry Adams
Benefits Advisor
Aflac
977 Montreal Rd
Box 1089
Clarkston, Georgia 30021
bienminc@gmail.com
CHA Linkedin 
(404) 254-7187

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