Dr. Boyce Watkins on why AAs tend to avoid the stock market
- Thread starter Skrilla
- Start date
iFightSeagullsForBread
The Working Class Hero
Talk down on black people on a white dudes couch brehs.
BrandonBanks
Arab Money
You clearly didn't listen to any of this, because if you had, you'd know he didn't talk down at all. You just assumed based off the titleAnyway he made some good points
I avoid individual stock but i have my 401k and a betterment account(index funds). Working on getting 6 months of cash in my savings, then will get a roth ira, max that out, along with throwing cash to my 401k and betterment.
I figure i stack up enough cash, clear enough debt over the years, i can get to a point where i can invest in more lucrative (volatile) things like property, stock, etfs, loans etc.
I figure i stack up enough cash, clear enough debt over the years, i can get to a point where i can invest in more lucrative (volatile) things like property, stock, etfs, loans etc.
You act like it's Tommy Sotomayor or some shyt
its amazing how much u hate anything black yet kiss white ppls ass incessantly.
Being Black Externally and being Black Internally are two different things. I think this is why we keep feeling let down or shocked when dudes stay saying side ways stuff about anyone trying to help black people.
Biggest thing IMO for blacks is LOSS
We already broke as a people, so many of us will not take that chance in it
I've read plenty of books on it, but I have trust issues when it comes to my money.. so I stick with my 401k investments and some acorn where my change investment is working excellent
We already broke as a people, so many of us will not take that chance in it
I've read plenty of books on it, but I have trust issues when it comes to my money.. so I stick with my 401k investments and some acorn where my change investment is working excellent
this is why older blacks are so content about having a job and not rubbing anyone the wrong way at that job. We feel it is secure and not risky but then look surprised when the companies we are faithful to lay us off.
It's true.
I got a nice grip just sitting in a savings account that I'm not sure what to do with and I've always been kinda scared to get into stocks/mutual funds/etc.
Talk to the bankers at your bank. Some mutual funds are INCREDIBLY low risk and will make more money than your savings account will.
Invest in a ROTH IRA if you have money to put away for a while
Look into starting a business (even small).
Make your money work for you breh! You earned it
Disclaimer, I didn't listen to the vid.
I'm surprised a former finance professor isn't warning black people to steer clear of a corrupt market that's run by dark pools of money and their algorithmic computer programs designed by clever mathematicians.
The Securities and Exchange Commission was gutted by George W. Bush and defunded by Congress, and between him and his White House successor there haven't been any high profile prosecutions.
Robots have been running the US stock market, and the government ...
qz.com/.../robots-have-been-running-the-us-stock-market-and-the-government-is-fina...
Mar 25, 2015 - High-speed frequency traders, which use computer
Fund using freelance programmers beats US stock market
Robin Wigglesworth, US markets editor
Fund using freelance programmers beats US stock market - FT.com
A “crowdsourced” hedge fund that uses the trading algorithms of a handful of freelance programmers notched up a 1.93 per cent gain net of its theoretical fees in its first full quarter of trading — beating the US stock market.
Why Isn't Wall Street in Jail?
I'm surprised a former finance professor isn't warning black people to steer clear of a corrupt market that's run by dark pools of money and their algorithmic computer programs designed by clever mathematicians.
The Securities and Exchange Commission was gutted by George W. Bush and defunded by Congress, and between him and his White House successor there haven't been any high profile prosecutions.
Robots have been running the US stock market, and the government ...
qz.com/.../robots-have-been-running-the-us-stock-market-and-the-government-is-fina...
Mar 25, 2015 - High-speed frequency traders, which use computer
Fund using freelance programmers beats US stock market
Robin Wigglesworth, US markets editor
Fund using freelance programmers beats US stock market - FT.com
A “crowdsourced” hedge fund that uses the trading algorithms of a handful of freelance programmers notched up a 1.93 per cent gain net of its theoretical fees in its first full quarter of trading — beating the US stock market.
Why Isn't Wall Street in Jail?
iFightSeagullsForBread
The Working Class Hero
BrandonBanks
Arab Money
I did a lot of research on it before i even dabbled in it. Of course if someone just puts some money into something with no idea of what they're doing first, it's not a good idea. But if you learn about it first it helps because then you can navigate a lot better.
I think a good option for investment, for starters, if a person has the option, is through their employer. If you can get into an Employer Stock Purchase Plan, or ESPP, I highly recommend it. You take a percentage or set dollar amount out of each paycheck and the funds are used to purchase company stock, usually twice a year. The purchase price is usually at the lowest price the stock was trading at during the period, so as the stock price increases the value of your stock goes up. The great part is if you need some cash, just sell some of your stock. You pay tax on your gains in the stock price. If you want, you can sell the company stock and buy stock in another company.
Same thing with a 401k plan. Many companies with match your employee deduction up to a certain percentage. You should definitely take advantage of this because it doubles the amount you save. You have options as to how you can allocate your funds.
The main point is to start as soon as possible and don't stop. You don't have to stop with investments through your employer either, but at least have some sort investment or savings going on somewhere.
And even when things like 2008 happen if you had kept your money in, you would've gained more than that back by now. Over a long enough time line you WILL make money.
The stock market isn't as much of a "casino" as some people make it out to be. Even if it were, i still find it interesting that so many people spend years playing the lottery faithfully in hopes that they will hit the jackpot, and never do, yet are reluctant to invest in anything else, because they are "afraid" that they will lose any money
I think a good option for investment, for starters, if a person has the option, is through their employer. If you can get into an Employer Stock Purchase Plan, or ESPP, I highly recommend it. You take a percentage or set dollar amount out of each paycheck and the funds are used to purchase company stock, usually twice a year. The purchase price is usually at the lowest price the stock was trading at during the period, so as the stock price increases the value of your stock goes up. The great part is if you need some cash, just sell some of your stock. You pay tax on your gains in the stock price. If you want, you can sell the company stock and buy stock in another company.
Same thing with a 401k plan. Many companies with match your employee deduction up to a certain percentage. You should definitely take advantage of this because it doubles the amount you save. You have options as to how you can allocate your funds.
The main point is to start as soon as possible and don't stop. You don't have to stop with investments through your employer either, but at least have some sort investment or savings going on somewhere.
And even when things like 2008 happen if you had kept your money in, you would've gained more than that back by now. Over a long enough time line you WILL make money.
The stock market isn't as much of a "casino" as some people make it out to be. Even if it were, i still find it interesting that so many people spend years playing the lottery faithfully in hopes that they will hit the jackpot, and never do, yet are reluctant to invest in anything else, because they are "afraid" that they will lose any money
Last edited:
at that shyt.
Lol he goes "you're bedwench for white dudes" fukking c00n.
that new kanye is lit.
Ben Barson, 2016 BLATT.
He says he supports black businesses and he'll say he's a cac.
He said @ThreeLetterAgency stop pandering to cacs, support your people you fukk boy.
Small world, live from Chicago brehs
