Nuff said!
Nuff said!
Jewel LaFontant-Mankarious, Oberlin 1943. She was the first African American woman to serve as assistant U.S. attorney and the first African American woman to argue a case before the U.S. Supreme Court.
Jewel Stradford Lafontant-Mankarious (April 28, 1922 – May 31, 1997) was the first female deputy solicitor general of the United States, an official in the administration of President George H. W. Bush, and an attorney in Chicago. She also was considered by President Richard Nixon as a possible nominee to the Supreme Court of the United States.
Peach Dumplings
Ingredients:
2 whole large peaches
2 8 oz cans crescent rolls
2 sticks butter
1-1/2 cup sugar
1 tsp vanilla
cinnamon, to taste
1 12 oz can Mountain Dew
Peel and pit peaches. Cut both peaches into 8 slices. Roll each peach slice in a crescent roll. Place in a 9 x 13 buttered pan.
Melt butter, then add sugar and barely stir. Add vanilla, stir, and pour entire mixture over peaches. Pour Mountain Dew around the edges of the pan. Sprinkle with cinnamon and bake at 350 degrees for 40 minutes. Serve with ice cream, and spoon some of the sweet sauces from the pan over the top.
Yooooo please please check this out!!! If you have Apple Music, iTunes, YouTube something!!! This album is dope!!!!! Its history ( I use that term loosely) but history in music form!!! Produced by questluv... It's crazy!!!
The one and only......
Great poem by Smokey Robinson
"A Black American"
"The Top 20 Habits for Success I Learned Working for Two Billionaires",
by Paul C. Brunson
1. Invest in Yourself
2. Be Curious... About Everything
3. Surround Yourself With "Better" People
4. Never Eat Alone
5. Take Responsibility for Your Losses
6. Understand The Power Of "Leverage"
7. Take No Days Off (Completely)
8. Focus On Experiences vs. Material Possessions
9. Take Enormous Risks
10. Don't Go At It Alone
11. Recognize the Value of Simple Ideas
12. Be Patiently Impatient
13. Be Gritty
14. Develop Great Oratory Skills
15. Grow Thick, Armor-Plated Skin
16. Connect with People Outside Your Community
17. Over-Communicate Your Message
18. Learn to Laugh at Yourself
19. Be Great at One Thing, First
20. Know a Higher Power
c. 2015, by Paul Carrick Brunson
http://www.paulcbrunson.com/
http://www.paulcbrunson.com/bio/
https://www.spreecast.com/users/paul-carrick
Dave Krugman @dave.krugman on intagram
The Black Hedge Fund Group
Did you know we once had four Black Wall Streets"?
1. Tulsa/ Greenwood, Oklahoma (the "official" Black Wall Street")
2. Parrish Street, Durham, NC
3. Jackson Ward, Richmond, VA
4. Auburn Avenue, Atlanta, GA
Once called the Black Wall Street and the Harlem of the South, Jackson Ward was a neighborhood built by former slaves and freed blacks into a thriving business community in the decades after the Civil War.
c. 2015, The Black Hedge Fund Group
John Rogers Shares Why Many Blacks Remain Poor — and What to Do About It
October 18, 2015
Several factors deter blacks from obtaining wealth, says finance expert John Rogers.
John W. Rogers Jr. is chairman, CEO and chief investment officer of the multibillion-dollar firm, Ariel Capital Management. The Princeton graduate (economics major) is widely respected as one of the most successful entrepreneurs and financial experts of his generation.
Rogers appeared at the WVON Business Seminar recently to discuss diversity, fiscal intelligence and the road blocks that prevent the African American community from accumulating wealth and passing it on from generation to generation.
Here, Rogers explains why some of today’s black families are still struggling financially, and what we can do to turn the tide around.
Rogers says that black families have yet to feel the end of the recession because, generally speaking, blacks bypass the stock market — where wealth is created — and instead, invest in their homes.
“We’re still not investing in equities in the stock market, we have more of our wealth in the housing market, and the housing market got hit by a recession and therefore we took a bigger hit than white Americans — who are still more heavily invested in the stock market,” Rogers says.
“Research shows that African Americans are not as comfortable in the stock market; not as comfortable with starting a 401(k) plan at work; and we are not compounding our money.”
There is also a history of racism that has led to economic disparity, Rogers states: “That is a big part of the reason we haven’t been able to accumulate wealth and pass it along from generation to generation.”
Rogers added that the history of racism affected his own father’s financial growth in the real estate industry.
“My father tried to invest in real estate, back then, you couldn’t invest in the North Shore, Lake Forest or Hinsdale areas, and those homes boomed and those real estate properties boomed,” Rogers reveals. “He could only invest — during his generation — on the South Side and struggle through Jim Crow, discrimination and racism, and those properties [where he could invest] never increased the same.
“[My father] wasn’t able to create wealth the way his counterparts did, who had legal degrees or who weren’t as smart as he was. They had the opportunity to generate wealth and to one day build a trust.”
Last but not least, the economic disparity exists between blacks and whites because younger African Americans simply do not know where the lucrative jobs are, or even how to get a foot in the door on Wall Street. Rogers stated that the top hedge fund managers make anywhere from $1 billion to $5 billion a year in salary and bonuses.
“We are not getting into the careers where all the wealth is created. On Wall Street, you know that private equity firms and venture capital firms and hedge fund firms, these guys are creating extraordinary amounts of money, and had no black people working at those companies, and no black partners.
“And that continues to be the case today, probably with the venture capital and hedge fund [industries] put together, far as I know, you can count on one hand the number of African American partners in these lucrative fields,” Rogers says.
So what can African Americans do to stop the systemic economic disparity that is affecting families and communities?
“We have to have the opportunity to know about these fields and industries, and then we’ve got to get these white men to employ us, and include us, and give us the opportunity to share in the success,” Rogers advises.
College students can begin their journey to a Wall Street career by working in their university’s endowment office, Rogers argues.
“I tell young people all the time, wherever you go to school, work in the endowment office,” Rogers advises. “The endowment offices are hiring all these hedge fund, private equity, and venture capitalists people, and that’s a way to get your foot in the door, and build relationships. Maybe you can go and work in one of these lucrative fields after you’ve established relationships there, and get that $190 million in surprise bonuses; or run a firm that earns a billion dollars per year.”
John Rogers’ face lights up: “Think about what would happen in our community if we had people who were making a billion dollars per year; think of all of the philanthropy that would happen in our communities; the strength of our churches and our civil rights organizations, and all the jobs that would be created!”
To learn more about Ariel Capital Management, visit
www.Arielinvestments.com.
Ariel Community Academy
https://www.arielinvestments.com/content/view/107/1067/
c. 2015, The Black Hedge Fund Group
via Black Hedge Fund Group
Go from Poverty to Professional in just one year....and get a bi-weekly paycheck while doing it!
The Year Up Program combines hands-on skill development, college credits, and corporate internships to prepare students for success in professional careers and higher education. It’s free of charge (in fact, you receive a stipend), but it requires strong motivation and a lot of hard work.
YearUp.org
c. 2015, The Black Hedge Fund Group
Via Phillip Green...
If you are at the same point financially as when the year started, or a year ago, or even 5 years ago -- or worse off -- who is to blame?
Moreover, ask yourself, how is that even possible?
Have you challenged yourself enough to become Financially Literate in 2015?
Read more books
Free Financial Literacy Course
Purdue University is now offering a free 2016 Financial Literacy Course
Certificate courses, recognized by many major corporations and employers, now available free through Harvard, Purdue University, MIT-Sloan School of Management, Stanford, Yale, Chicago Booth and The Wharton Business School at the University of Pennsylvania.
https://www.edx.org/course/personal-finance-planning-purduex-financex
Coursera.org
EdX.org
c. 2015, The Black Hedge Fund Group
Why should we invest in Black Art? Is it because it's better? More creative? The artist has more vision? To some yes and to some no. My take is that we should invest because it worth the invest. For one its "ours". When I say that, I mean it's something that us as Black people can relate too.
Just as any artist can put their feelings and thoughts on a canvas and make people remember a feeling or a good moment in time "Black Art" can inspire the same.
There is also a since of culture that in all truth only the Black public will get, understand and enjoy. But that should and will not limit the art to Blacks and Blacks only. A whole lot of artist really have talent an would like the world to see there art.
So in short..... Black Art is not any less that your everyday art. Invest, hang, share, draw, learn and champion Black Art. Start giving it the recognition it's due. below I will leave you all with a few good art icons then a CLASSIC!!! Be be blessed. ----Markis
From my Big lil Sis Tyneta Heath as she breaks down what ALL us VETS feel. Read and apply.
TSA: Removing the Pledge of Allegiance and the National Anthem from school curriculum, has done the most disservice to our Nation's Flag.
People don't know or care what to do when the Anthem is being played! 😡 Is that they don't know because they haven't been taught or don't care because it hasn't been made important any longer? Regardless, teach it in your own home!
1- FACE the Flag or the direction of where you hear the music.
2- Stand STILL!! It's not a long song!
3- REMOVE your hat!!
4- Place you right hand over your heart!
5- RESPECT the Flag that men & women have paid the ultimate price with their lives, served or are still serving that very Flag you are so disrespectful to!
If any of this is confusing or you just don't get it...ask someone.
Thank you
via Philip Green
There are over 6,900 commercial banks in the U.S.
There are over 95,000 bank branches from those banks, in the U.S. as of September 28, 2015
Only 19 of those banks are Black- Owned
.
Black-Owned Banks
1. ALAMERICA BANK
Location: Birmingham, Alabama
Founded: January 28, 2000
FDIC Region: Atlanta
Assets: $35 404 000
2. BROADWAY FEDERAL BANK FSB
Location: Los Angeles, California
Founded: February 26, 1947
FDIC Region: San Francisco
Assets: $385 055 000
3. CAPITAL CITY BANK & TRUST COMPANY
Location: Atlanta, Georgia
Founded: October 3, 1994
FDIC Region: Atlanta
Assets: $294 572 000
4. CARVER STATE BANK
Location: Savannah, Georgia
Founded: January 1, 1927
FDIC Region: Atlanta
Assets: $41 573 000
5. CITIZENS TRUST BANK
Location: Atlanta, Georgia
Founded: June 18, 1921
FDIC Region: Atlanta
Assets: $392 286 000
6. CITY NB OF NEW JERSEY
Location: Newark, New Jersey
Founded: June 11, 1973
FDIC Region: New York
Assets: $340 301 000
7. COMMONWEALTH NATIONAL BANK
Location: Mobile, Alabama
Founded: February 19, 1976
FDIC Region: Atlanta
Assets: $63 244 000
8. COVENANT BANK
Location: Chicago, Illinois
Founded: June 20, 1977
FDIC Region: Chicago
Assets: $59 842 000
9. FIRST INDEPENDENCE BANK
Location: Detroit, Michigan
Founded: May 14, 1970
FDIC Region: Chicago
Assets: $215 924 000
10. FIRST STATE BANK
Location: Danville, Virginia
Founded: September 08, 1919
FDIC Region: Atlanta
Assets: $38 882 000
11. FIRST TUSKEGEE BANK
Location:Tuskegee, Alabama
Founded: October 11, 1991
FDIC Region: Atlanta
Assets: $63 127 000
12. HIGHLAND COMMUNITY BANK
Location: Chicago, Illinois
Founded: November 09, 1970
FDIC Region: Chicago
Assets: $84 948 000
13. ILLINOIS SERVICE FEDERAL SAVINGS & LOAN
Location: Chicago, Illinois
Founded: January 01, 1934
FDIC Region: Chicago
Assets: $140 148 000
14. INDUSTRIAL BANK
Location: Washington, DC
Founded: August 18, 1934
FDIC Region: New York
Assets: $342 524 000
15. LIBERTY BANK & TRUST COMPANY
Location: New Orleans, Louisiana
Founded: November 16, 1972
FDIC Region: Dallas
Assets: $545 019 000
16. MECHANICS & FARMERS BANK
Location: Durham, North Carolina
Founded: March 01, 1908
FDIC Region: Atlanta
Assets: $304 809 000
17. NORTH MILWAUKEE STATE BANK
Location: Milwaukee, Wisconsin
Founded: February 12, 1971
FDIC Region: Chicago
Assets: $91 490 000
18. ONE UNITED BANK
Location: Boston, Massachusetts
Founded: August 02, 1982
FDIC Region: New York
Assets: $590 624 000
19. SEAWAY BANK & TRUST COMPANY
Location: Chicago, Illinois
Founded: January 02, 1965
FDIC Region: Chicago
Assets: $573 168 000
20. UNITED BANK OF PHILADELPHIA
Location: Philadelphia, Pennsylvania
Founded: March 23, 1992
FDIC Region: New York
Assets: $67 930 000
21. UNITY NB OF HOUSTON
Location: Houston, Texas
Founded: August 01, 1985
FDIC Region: Dallas
Assets: $68 125 000
Source: FDIC
Source: FDIC, September 2015
The Black Man's Creed, by Philip Green
"I Am the Darker Brother, but I will never be The Invisible Man.
My Audacity, My Intelligence, My Strength, My Endurance, will allow me to continue to uplift myself, my black woman, my black children, my black community and my black Diaspora.
I Am A Black Man.
Melaninated.
Unapologetic.
You will, in no uncertain terms -- you will respect my Hue-Man-ness"
Unapologetic.
c. 2015, The Black Hedge Fund Group
Via Philip Green of The Black Hedge Fund Group
I Am My Brothers Keeper...so we have compiled a list of Your Money & Finance resources and tools for the black man
by Philip Green
The Black Hedge Fund Group Black Men's Comprehensive Fall 2015 Guide to Having More Money in Your Wallet
Invest
Open an investing account at an online brokerage.
Open a Roth IRA
Invest to the full amount in your employer's 401k
Budget
Never buy retail
Use cash rather than credit
Develop a savings budget
Save more than you spend
Invest in a index mutual fund making at least 10% per year.
Did we mention budget? Know where you money goes
Create a Strategy
Reinvest your dividends with a Dividend Reinvestment Plan (DRIP)
Read. Read online Dividends Growth Investors (DGI)
Read Personal Finance (PF) bloggers
Read the Wall Street Journal, New York Times DealBook, The Financial Times, Forbes, Fortune, Bloomberg Markets Magazine
http://dealbook.nytimes.com/
http://www.ft.com/home/us
http://www.bloomberg.com/markets-magazine/
http://online.wsj.com/home-page
http://www.forbes.com/forbes/
http://fortune.com/
On your Vision Board for 2015, write in big BOLD letters "Residual Income and Passive Income, I will Not Rely on a Job Alone"
Make more money in 2015 than any other time in your life....
Residual income...
Set up a 501(c)(3) tax-free
Write a blog..and get paid for it
Publish an e-book
Affiliate marketing
Rental property
Network marketing
Dividends
Interest payments
CD's
Bonds
Stocks
Google AdSense
Start a podcast
Open an investment account in 2015.........do NOT fail to do this...do this as soon as possible!
Fidelity
e-trade
sharebuilders https://www.sharebuilder.com/sharebuilder/Default.aspx
Charles Schwab
TD Ameritrade
Scottrade
Merrill Lynch MerrillEdge
RForeign Exchange (FX) trading
Stock options
Open an investment account in 2015...........do NOT fail to do this...do this as soon as possible!
...
If you don't know how to invest, take some time and play around with "play money" on TD Ameritrade's ThinkorSwim platform.
https://www.tdameritrade.com/tools-and-platforms/thinkorswim/features.page
http://www.tickertapemonthly.com/2012/may/play-money-real-experience/?accept
Fidelity, e-trade, Charles Schwab, TD Ameritrade, Scottrade, Merrill Lynch MerrillEdge, Barclays, TIAA_CREF
Think. Plan. Execute.
On your Vision Board for 2015, write in big BOLD letters "Residual Income and Passive Income, I will Not Rely on a Job Alone"
Make more money in 2015 than any other time in your life....
Residual income
Set up a 501(c)(3) tax-free
Write a blog..and get paid for it
Publish an e-book
Affiliate marketing
Rental property
Dividends
Interest payments
CD's
Bonds
Stocks
Google AdSense
Start a podcast
Open an investment account in 2015...........do NOT fail to do this...do this as soon as possible!
Fidelity
e-trade
sharebuilders
Charles Schwab
TD Ameritrade
Scottrade
Merrill Lynch MerrillEdge
c. 2015, The Black Hedge Fund Group
Posted on September 18, 2015 by christine
A University at Buffalo student has sparked outrage and cries of racism after she put up “White Only” and “Black Only” signs on campus, hearkening back to the days of segregation.
Ashley Powell, 25, who is black, admitted to plastering the Jim Crow-esque signs near several bathrooms and water fountains in a dorm as an art project to express her struggles with being a minority in the U.S. and to “expose white privilege.”
“I am in pain,” the graduate student wrote in a lengthy explanation posted on Facebook and published by the UB student newspaper. “My art practice is a remnant of my suffering. White privilege and compliance only exacerbate my symptoms.”
Taking from the Black Hedge Fund Group.
11 Things You Can Do To Help You Become a Millionaire
The average young black millionaire has 7 streams of income.
Today, there are more millionaires than ever and while over 50% of millionaires are entrepreneurs, there is still another route to becoming a millionaire if you don’t want to be an entrepreneur.
This route may be slower and requires more patience, but theoretically very achievable and easy to do. If you are willing to sacrifice your wants now and develop the uncommon skill of self-discipline, you can be that next millionaire.
There is no surefire way to becoming a millionaire, but certainly the 11 things talked about in this article can help you achieve your goal. Here are 11 things you can do to make the goal of becoming a millionaire obtainable.
1) Forget the Things You Want and Buy the Things You Need
When you are able to control the urge to buy everything that you want, you are able to save more in order to invest in a retirement account, real estate, stocks, or bonds. The more you are able to save, the more you are able to have your money work for you. What is meant by this statement is that millionaires have their money work for them by investing it in cash-producing assets. The more money you are able to put in cash producing assets, the harder your money will work to make you more money. Constantly splurging your entire paycheck on the things that you want will surely push back your dreams of becoming a millionaire. Most millionaires don’t live lavishly until they have enough money from cash-producing assets to support their spending habits. If you always give in to your momentary and buy that too big, lavish house, or luxurious car, you are far off from your road to riches.
2) Always Spend Less Than You Earn
Spend less than you earn to be able to put more money into saving accounts, retirement accounts, and potential investments. You do not want to go out and spend your entire paycheck. You will eventually start living paycheck to paycheck and believe it or not many people do, expect the rich.
3) Exercise Patience
Patience is a good virtue to have because just about everything worth having in life requires some amount of patience. Patience is the biggest part of becoming a millionaire because it will take time to acquire enough cash-producing assets to support your lifestyle, unless you were born into wealth or left an inheritance. Most people are not born wealthy, so they have to save their own money, but once you set a realistic time on how long it will take to reach your goal, you make it a lot harder for yourself to give up. You must also learn not to become a victim to materialistic things, which requires discipline, and doing this for a long period of time requires patience.
4) Use Time to Your Advantage
The earlier you start saving money, the better. A lot of the most successful and richest people in the world started early, because they had the privilege of knowing what they wanted to do and be early in their life. This allowed them to start to save and invest early (Warren Buffett), start that business early (Bill Gates), using time to their advantage. Start saving now and don’t wait because each day you don’t save could push your dreams back further.
5) Realize That Money Does Not Buy Happiness
Money buys materialistic things, money does not buy happiness. Materialistic things give short term satisfaction. Find something that gives you long-term happiness and you will find just how easy it is to save money, because you will begin to realize that the momentary satisfaction that come from materialistic things does not compare to true happiness.
6) Have an Emergency Fund
Having an emergency fund will allow you to have money for unexpected occurrences, so you will never have to tap into your savings or investments for anything. Realize that life happens, so you must be prepared for it. Have an emergency fund.
7) Invest In Yourself
This is probably one of the most important things on this list. You must constantly invest in your personal happiness, professional skills, and knowledge. This will set you apart when applying for a job, or even when starting a business because if you are not willing to invest in yourself, why should someone else? When you invest in yourself and read books, you improve your creativity, which will help you to figure out more ways to produce income. Producing more income will allow you to save more and put those extra savings in cash-producing assets.
8) Pay Yourself First
When you get that paycheck, always put money into your savings, retirement account, or investments first and then pay off debts. Remember, when you put more money into paying debts, you are helping someone else build their dream faster. If you pay yourself first, you build your own dream faster. Whose dream is more important? You must ask yourself this.
9) Have A Vision
Having a vision of what you want your future to be like will allow you to have more patience. When you know what you want your life to be like and replay this vision in mind every day, your body begins to naturally work harder to make that vision a reality. Whatever needs to be done to make that vision come true begins to happen, whether it is through patience or overcoming fear. Never be afraid to dream big, you can never have too much ambition. These dreams only give you fuel to work harder and be more patient.
10) Get another Job
When you get a second job, you can easily produce more income and begin to save more money. Also, having another job will have less time to be tempted to spend the money you are earning.
11) Find More Money - The average millionaire has 7 streams of income
In today’s age, there are more ways than ever to make money with the internet and all. You have to be creative in this process and this can come from investing in yourself and your knowledge. There are literally tons of ways to make money.
The Take Away:
Any road you decide to take to becoming a millionaire is a road that takes hard work and patience. Here is a re-cap of the things you can do that can make the road to becoming a millionaire easier:
Forget the things you want and buy the things you need
Spends less than you earn
Exercise patience
Use time to your advantage and start as early as possible
Find something that gives you true long-term happiness and know that materialistic things can’t give you that. This makes it easier to save
Have an emergency fund
Invest in yourself
Pay yourself first
Have a dream or vision
Get another job
Find another source of income, in fact, find several sources of residual and passive income.
c. 2015, The Black Hedge Fund Group
Your welcome! :)