Black Men and Investing
100 Black Men and The Wealthy Investor
Money management, saving and investing are topics that are not covered in high school and general college curriculum. Yet, as adults, money is certainly a necessity. Learning how to invest will make a major difference in every aspect of life from where one chooses to live and raise kids to when to retire. Now, more than ever, black Americans need to be financially educated.
Black Americans have advanced significantly in the professions of science, law and government. President Barack Obama's 2013 re-election to a second term exemplifies that. However, evidence suggests that black Americans are still lagging in the arena of financial education.
Since 1998, Ariel Mutual Funds has partnered with Black Investor Survey to analyze the investment patterns of the black American community. They have found black Americans save and invest less than white Americans of similar income levels. In 2013, the median amount black households report saving to invest on a monthly basis is $189, compared to $367 among white households.
Over the past fifty years, trading stocks has been perceived as a game only the rich can play. However, the internet and technology have changed the landscape for the small investor. In 2013 there's greater access to free online stock research than ever in history and online brokerage houses, like E-trade, have made buying and selling stocks online easy.
These developments represent the removal of two key barriers for an individual investor to enter the stock market and manage their own money. There is no reason black Americans can't participate in building wealth through online investing. And as black Americans take greater advantage of technology and become financially educated investors, they will be better equipped to give back to their families, churches and communities.
Today the only block to financial success is our thinking. That's because wealth is an internal game first. Our beliefs about money are very powerful as they diminish or increase our success. The amount of wealth we create is directly correlated to what we believe is possible. That is what The Wealthy Investor Program is all about.
In the Wealthy Investor program I teach three major strategies:
Covered Call Writing
Selling a call option means that you would be selling the right, not the obligation, to someone in the marketplace to buy that stock away from you at a later date.
Dividend Capturing
Institutional investors collect millions of dollars per quarter collecting dividends on Dow components like McDonalds, NIKE and AT&T. So can you.
Volatility Trading
Volatility allows you to purchase a stock and program a sell order in your online trading account which will sell the stock once the price rises a specified amount. As stock prices change throughout the day, you’re making money while you are out enjoying your life.
It’s time to get the financial education you need to become financially free.
So what is your next step?
Order The Wealthy Investors Guide to Stock Market Success or sign up for my FREE Stock Trading and Investing E-Mail List on this page.
In The Wealthy Investors Guide to Stock Market Success, I’ll explain in easy to understand language everything you need to know to get started.
In this original five CD audio series, you will learn the basics of covered call writing and volatility trading and how to use these powerful trading tools in your portfolio.
Yes, you can be a wealthy investor if you get started right now.
* DISCLAIMER: Stocks and options trading involves risk and is not suitable for every investor. The stocks and options prices vary and, as a result, clients may lose or gain from their original investment. Stock illustrations posted on TheWealthlyInvestor.net web site are for illustration purposes only. Your personal results as a trader/investor may vary from the WI students listed above.
