Michael Jones, Financial Services Professional with NYLIFE Securities LLC

03/31/2022

THE GREAT HOAX : GASOLINE SHORTAGES DUE TO THE WAR IN UKRAINE

Downstream companies manage the refining and marketing of oil and gas. Downstream companies benefit from profit margins where they are able to sell their refined products for more than the cost of acquiring the crude resources.

These are the Usual Suspects:
BP
Chevron
Exxon Mobile
Royal Dutch Shell
It has been widely reported regrettably that there is a tremendous gasoline shortage, and this false narrative is being shouted out just as clear as an Oscar Award Winning Slap.
Every time I drive down the New Jersey Turnpike, passing the Exxon refinery, I get pi**ed off because I see who is sticking it to the everyday consumer.
Those in the know realize that for every 10 Cents in the rise of gas prices sucks a stunning 11 Billion dollars out of the economy.
Every country that produces oil and makes gasoline has a reserve. They have all released the reserves for use. So where is the price hikes coming from GREED, GREED and more GREED.

03/25/2022

Every racial and ethnic minority group in America is making financial gains but not at equal rates, according to the latest Multicultural Economy Report from the University of Georgia.

Black buying power
African-American buying power has seen impressive gains since the end of the last economic downturn, jumping from $961 billion in 2010 to an estimated $1.3 trillion in 2018. Since 2000, the African-American market has seen a 114 percent increase in buying power.

The boost is the result of a surge in black-owned businesses, increased educational attainment and booming population growth. The percentage of African-Americans who completed college continues to rise (23 percent in 2017, up from 17 percent in 2000), and the population is growing at 22.7 percent since 2000, faster than the national average of 16.3 percent. The youthfulness of the African-American population skews the group’s buying power downward, as a larger share of the population have yet to hit their peak earning years

New York Life’s African American Community Empowerment Plan
recently achieved over $50 billion in life insurance protection - ultimately providing generally tax-free income to families and their heirs and creating even more economic opportunity for a stronger financial future. This was an agent-led movement to help families build wealth with financial tools and strategies to help close the wealth gap in the black community which currently stands at approximately 152,000.00 dollars as compared to white families.

I have a commitment to greater financial awareness among all Americans but in particular to African Americans. You understand the dreams and aspirations of your families and businesses, I'm here to help. It's important to live better and create a more secure and stable future.

07/01/2021

My focus...my purpose is to use my ability to take complex financial strategies and transform them into something easily understandable for my clients.

12/11/2020

12/11/2020

Proud to share ‘The Girl with the Locket,’ a book by the for month. For each download of the free e-books, $1 will be donated to nonprofits that support grieving children, including those affected by , up to $350,000.

12/10/2020

During times like these, worrying about your finances may be normal, but it doesn't make it any less stressful. Here are 5 proactive steps you can take to help you cope.

There are proactive steps you can take to help build mental resilience and cope more effectively with financial worries. Here are five tips to help you deal with financial uncertainty.

12/10/2020

For many grieving families during , the level of support from healthcare providers can make a huge difference. Jorge Moreno, MD, shares his viewpoint as a frontline worker on the subject.

For 175 years, people have worked with New York Life to protect their families and futures. We believe in the importance of human guidance and in trusted relationships built on being there when our customers need us most.

12/10/2020

Let's take a moment to dig into the generational wealth gap.

Millennials have 4.6% of US wealth, while boomers have 53%, but millennials are the largest segment of the workforce, with 52 million members.

12/10/2020

Taking a big leap in your life can help you develop true confidence and create more options for your future.

Being inexperienced doesn’t make you an imposter, it makes you gutsy for going for it! When you stop labeling the feeling of not knowing as “imposter syndrome” and start seeing it as the brave leap towards becoming the person you want to be it really is, you'll start banking true confidence

12/10/2020

For many grandparents, there's no greater joy than making their grandchildren smile. While a toy can brighten the moment, the gift of education in their future can make them smile for the rest of their lives.

Give the gift of education by starting college funds for your grandchildren with help from New York Life. Secure their future with life insurance or a 529 plan.