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Redefining Black Wealth @wealthnoir

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  • Site web: http://www.wealthnoir.com/
  • bio: Financial Literacy for Black Millennials. ✊🏿💰🎓 Check out the site 💻 Launching Summer 2017 ☀️
  • quantité de photos: 73
  • nombre d’observateurs: 1769
 

Hide your money in investments, then forget about it.⠀ ⠀ For 99% of people, spending their money is costing them more than bad investing decisions. Do something boring, like buying a stock index fund, and then forget about it. You'll wake up one day shocked at how much it's grown.⠀ #wealthnoir #wealthnuggets

Hide your money in investments, then forget about it.⠀
⠀
For 99% of people, spending their money is costing them more than bad investing decisions. Do something boring, like buying a stock index fund, and then forget about it. You'll wake up one day shocked at how much it's grown.⠀
 #wealthnoir #wealthnuggets

69 1

Commentaires
 

2017-05-26 18:01:48

Savings account cost you money over time instead of making you money.⠀ ⠀ The average savings account pays .06%. Average inflation is 3% in the US. So even though there is more money in the account, it can buy less than it could when you opened it.⠀ ⠀ Make sure you are investing your savings in stocks, bonds, or something that will earn a real return. Robo-advisors, like Wealthfront or Betterment, offer a great place to start.⠀ #wealthnoir #wealthnuggets

Savings account cost you money over time instead of making you money.⠀
⠀
The average savings account pays .06%. Average inflation is 3% in the US. So even though there is more money in the account, it can buy less than it could when you opened it.⠀
⠀
Make sure you are investing your savings in stocks, bonds, or something that will earn a real return. Robo-advisors, like Wealthfront or Betterment, offer a great place to start.⠀
 #wealthnoir #wealthnuggets

112 15

Commentaires
 

2017-05-25 18:01:52

How are you going to build wealth if you keep spending your assets? It's very easy to dip into these long-term accounts when expenses arise, but you have to be diligent.⠀ ⠀ Make sure it's hard to touch your savings and investment accounts and be strong in letting that money grow.⠀ #wealthnoir #wealthnuggets

How are you going to build wealth if you keep spending your assets? It's very easy to dip into these long-term accounts when expenses arise, but you have to be diligent.⠀
⠀
Make sure it's hard to touch your savings and investment accounts and be strong in letting that money grow.⠀
 #wealthnoir #wealthnuggets

106 8

Commentaires
 

2017-05-24 18:10:41

People are often looking for hot stock tips or some great company to buy. When you're starting out, it's not worth the work.⠀ ⠀ Buy an Exchange Traded Fund (ETF) using any online brokerage. VTI (Vanguard Total Stock Market ETF) is a good place to start. Buy as much as you can, and forget about it. You'll grow wealth over time ... guaranteed. #wealthnoir

People are often looking for hot stock tips or some great company to buy. When you're starting out, it's not worth the work.⠀
⠀
Buy an Exchange Traded Fund (ETF) using any online brokerage. VTI (Vanguard Total Stock Market ETF) is a good place to start. Buy as much as you can, and forget about it. You'll grow wealth over time ... guaranteed. #wealthnoir

111 6

Commentaires
 

2017-05-22 18:00:52

There are two ways to have more money. Make more or spend less.⠀ ⠀ If you spend less money, you will have more of it. This is the easiest way to become rich. When you have more money, your money will make more money. Don't spend more, keep this new money. ⠀ ⠀ Finally, you will have enough new money, you can think about spending it. It's ok now, you have still have your original money making money. #wealthnoir

There are two ways to have more money. Make more or spend less.⠀
⠀
If you spend less money, you will have more of it. This is the easiest way to become rich. When you have more money, your money will make more money. Don't spend more, keep this new money. ⠀
⠀
Finally, you will have enough new money, you can think about spending it. It's ok now, you have still have your original money making money.
 #wealthnoir

112 7

Commentaires
 

2017-05-22 01:00:10

Modern Portfolio Theory shows that a diversified portfolio will lower risk while giving you the same returns.⠀ ⠀ That means the same return on your money, with fewer fluctuations and a lower chance of losing anything.⠀ ⠀ No one can predict the market. So when you put all your eggs in one basket, it's one basket with your entire net worth. Brexit causing a market crash is a great example. Even betting on a first world country shocked people. #wealthnoir

Modern Portfolio Theory shows that a diversified portfolio will lower risk while giving you the same returns.⠀
⠀
That means the same return on your money, with fewer fluctuations and a lower chance of losing anything.⠀
⠀
No one can predict the market. So when you put all your eggs in one basket, it's one basket with your entire net worth. Brexit causing a market crash is a great example. Even betting on a first world country shocked people. #wealthnoir

98 2

Commentaires
 

2017-05-21 19:03:43

I will tell you how to become successful. Close the doors. Be Fearful when others are greedy. Be greedy when others are fearful. #WealthNoir

I will tell you how to become successful. Close the doors. Be Fearful when others are greedy. Be greedy when others are fearful.
 #WealthNoir

150 2

 

2017-05-20 20:55:24

Generating wealth is about freedom from depending on anything but yourself. Layoffs, market shifts, downturns, whatever. You know that you and your family will survive. #wealthnoir

Generating wealth is about freedom from depending on anything but yourself. Layoffs, market shifts, downturns, whatever. You know that you and your family will survive. #wealthnoir

116 1

Commentaires
  • @bktees (7 jours)
    🔥Freshness🔥
     
 

2017-05-20 04:44:26

There is always someone who doesn't want to talk a out money. They avoid the subject and think they are simplifying their life. We've all heard Money is the root of all evil. It's not. Not having money is. Just because your job pays you a lot does not mean you have control of your finances. #wealthnoir

There is always someone who doesn't want to talk a out money. They avoid the subject and think they are simplifying their life. We've all heard Money is the root of all evil. 
It's not. Not having money is. Just because your job pays you a lot does not mean you have control of your finances. 
 #wealthnoir

117 2

Commentaires
  • @e3motivates (8 jours)
    This is why I hate being white. The evil things my ancestors did and continue to do to people just over a difference in skin color. Racism is going to burn in hell
     
  • @socialiteclothing (8 jours)
    🙏
     
 

2017-05-19 21:09:33

Whatever the mind of man can conceive and believe, it can achieve. #wealthnoir

Whatever the mind of man can conceive and believe, it can achieve. 
 #wealthnoir

114 3

Commentaires
 

2017-05-19 02:49:10

An important step to generating wealth is creating goals and plans to get there. Being rich for the sake of being rich is only great in theory. Self awareness is paramount in your successful journey to financial independence. #wealthnoir

An important step to generating wealth is creating goals and plans to get there. Being rich for the sake of being rich is only great in theory. Self awareness is paramount in your successful journey to financial independence.
 #wealthnoir

120 1

Commentaires
 

2017-05-17 23:56:49

Before you can become a millionaire, you must learn to think like one. You must learn how to motivate yourself to counter fear with courage. Making critical decisions about your career, business, investments and other resources conjures up fear, fear that is part of the process of becoming a financial success. #wealthnoir Looking for easy ways to improve your finances? Sign up on our website and get Early Access to advanced financial knowledge to generate multi-generational wealth. http://www.wealthnoir.com/

Before you can become a millionaire, you must learn to think like one. You must learn how to motivate yourself to counter fear with courage. Making critical decisions about 
your career, business, investments and other resources conjures up fear, fear that is part of the process of becoming a financial success.
 #wealthnoir 
Looking for easy ways to improve your finances?
Sign up on our website and get Early Access to advanced financial knowledge to generate multi-generational wealth. http://www.wealthnoir.com/

125 2

 

2017-05-17 18:06:36

 

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