“Butowsky-Ed Butowsky Joined the Fox to Discuss about Buy American Policy”

Ed Butowsky is recently involved in the discussion of President Barack Obama’s  advocacy that by reviving American manufacturing, will be the key to recover from economic crisis, but there are members of the Congress that are against the policy  making 69 lawmakers sent to President Obama a letter which stated to make a reconsideration move. It was discussed on  the interview about Buy American Act applies to direct purchases by federal government of more than $3,000 and manufacturing represents about 11% of U.S. economic activity.

 

Magnified View on Buy American Policy

Ed Butowsky briefly explained Buy American Policy as: “It was an Act of 1933 when the government goes out and shopping, they need to buy merchandise, goods and services from companies that based from the United States.”With regards to the saying of no by the congress, he added: “That’s what they’re talking about, I mean they’re now saying  it has a lot to do with these trend, pacific agreement that’s been negotiated, they’re saying, in the president’s very surprising is supporting this, he is saying we’re not going to support that anymore we’re gone an outlet the best products, the best services, the cheapest, the most sufficient product win our money” making Butowsky agreed with.

Certified Financial Expert

Having Ed Butowsky Wealth Management, with his 22 years of rendering services in managing wealth, it is no surprise that he is one of the most favorite advisers regarding finances. He experience to give lecture at Yale University, NYU Stern School of Business, and SMU Cox Scholl of Business and shared his knowledge on how to handle portfolios the safest way. He is the founder of the CHIP score  which is the first metric designed to efficiently and effectively observe and score a portfolio’s potential based on all the needed elements that attribute to portfolio performance; rate of return, risk, inflation, taxes, management fees and investment fees.


Learn more about Ed Butowsky, see his videos below:

http://www.youtube.com/watch?v=kKMIqU1f4UI

http://www.youtube.com/watch?v=23tuhHsMrEY

http://www.youtube.com/watch?v=nYf09F4qfjg

“Butowsky-A Win-Lose Approach to Mega Millions and Lottery Winners”

It is a trending issue on why are the some Mega Million and lottery winners did not end up with a happy path, so observers have to approach the Ed Butowsky’s theories about why can these things happen beside the fact that they gained million of pieces of moneys .Mega Million is a popular lottery game of America, advertised jackpots, have started at $12 million, paid in  26 yearly installments, increasing when there is no jackpot winner. Reflecting common practice among American lotteries, the jackpot is advertised as a nominal value of annual installments. A cash value option, when chosen by jackpot winner, pays the approximate present value of the installments.

An Inelastic Demand for Tickets

As reported this March, there were 1800 tickets sold and the following days of the month, there was another 100 tickets in addition to the previous numbers. Hoping to get the right match and instantly wins, that would make them rich and thinking that these will be the solution of their financial problem, there was inelastic demand for the lottery tickets. The Mega Million machines were busy to spit out numerous tickets elsewhere and people have the fighting nerve to take the chance to win but Ed Butowsky has a special opinion about the behavior of these people.

What a Financial Expert Express about the Issue

Ed Butowsky, an internationally recognized expert when it comes to handling wealth management, who is considered one of the  greatest provider of financial advises ratified that it  was a big mistake where they invest into a venture they really don’t understand saying: “I represent lots of people who have suddenly wealth and they can be professional athletes. I’ve actually worked with some lottery winners and what naturally happens is they literally overspend. They don’t understand how to manage money they don’t understand the value of putting money away.”


Know Ed Butowsky, watch his videos below:

http://www.youtube.com/watch?v=f4K82qvXS0g
http://www.youtube.com/watch?v=Chf7vvX7OxA
http://www.youtube.com/watch?v=BseOMWQm7Ig