Harvard Business Review: How America’s Wealthiest Black Families Invest Money

[Yup]

The coli is showing its ass out here man

I like what was said about generational wealth a whopping 36% vs 7%....what a gap.

And then you had that black live in a country where whites are more likely going to have connections, etc...it puts thibgs in perspective. where did you get the article?

 

[#1 pick]

The coli is showing its ass out here man

What do you want us to say? We already know white supremacy is a beast that's kicking our ass. This list isn't a surprise to no one with logical sense.

 

[Akata Man Bromo]

Well damn hold on let me break this down

 

[BlackAmerican]

I don't see much of a wealth gap where I live. Sometimes I feel these articles are written more for whites than for black people.

 

[Yup]

What do you suggest to bridge the gap?

 

[☑︎#VoteDemocrat]

I like what was said about generational wealth a whopping 36% vs 7%....what a gap.

And then you had that black live in a country where whites are more likely going to have connections, etc...it puts thibgs in perspective. where did you get the article?

Fam. Its the Harvard Business Review...

 

[Yup]

@Napoleon thiS should go to higher learning.

 

[Yup]

Fam. Its the Harvard Business Review...

I checked it out after I asked. My mistake!

 

[Yup]

I don't fault blacks from being more cautious with their money...they don't have a big safety ney. And many wealthy are not that removed from poverty.

 

[DrX]

, if u understand white supremacy u will invest and save....i swear once im out this job, im never working for another person esp a cac again....

 

[philmonroe]

What do you suggest to bridge the gap?

Stop bullshytting and being distracted by things you already know period. That's one of the beat things a lot of people could do to improve their situation in life. Don't believe me write down how you spend your days and see how much time is spent on garbage that can't help your situation and that will show why most people are where they are

 

[Jhoon]

Damn all that investing, I need to see my money work and come back by the time I come back to the stroll


Anbody know where I can get my hands on a couple hundred gallons of Premium Deckover that fell off a truck? Spring is on the way

Real Estate is very safe. The problem is if you want to get ahead, you're going to nees tolose that aversion to risk. I have some stocks that I play with periodically. But the gains from those activities are once again tunneled back into real estate. When the next down turn comes, best believe Im doubling down again. My shot was the damn Tesla stock but I sold at $100.

 

[Jhoon]

I don't fault blacks from being more cautious with their money...they don't have a big safety ney. And many wealthy are not that removed from poverty.

Easier said than done. Unconditioning yourself is extremely hard.

I tell posters the simple rule my grandmother told me about investing. Buy when everyone is starving and sell when they have forgotten what hunger feels like.

 

[philmonroe]

Real Estate is very safe. The problem is if you want to get ahead, you're going to nees tolose that aversion to risk. I have some stocks that I play with periodically. But the gains from those activities are once again tunneled back into real estate. When the next down turn comes, best believe Im doubling down again. My shot was the damn Tesla stock but I sold at $100.

Yeah Tesla was good to a lot of people and stocks can make you regular people yearly salary very quickly. This isn't the norm but shyt like this still happens often enough. A couple of months ago my cousin made 20k in a few days on google options. It takes time but it can definitely be profitable if you learn what your doing.

http://www.businessinsider.com/someone-earned-11-million-in-one-week-trading-2011-8