Throughout my life, I’ve tried to associate myself with prosperous people and gather as much useful information and knowledge as possible. Being rich is one thing, but building an estate were your children’s children’s children can benefit from, is territory people (especially minorities) have difficulty envisioning, let alone reaching. Am I thinking too big? Hell no! We’re talking about money, it’s never too big. The days of working a 9-5, gathering your money and shoveling it into the bank are long gone. You may live comfortably (for some that’s all they want), but being able to live on your terms and retire at an age where you can enjoy some of what you built will be extremely difficult. If you’re lucky, when you pass you may leave behind a house, a car, maybe a couple hundred thousand in life insurance. That’s nice, but that’s if you’re lucky. If you’re smart, savvy and a bit daring, you can not only help pay your great grandchildren’s college tuition but you may even spill a little love in your community. You, the humanitarian, who would of thought?
I observed an “everyday millionaire”, and his main focus wasn’t how many hours he was working or what his weekly paycheck was. His focus was on his portfolio, its diversity and maturation. The common psyche is that it takes money to make money, which is true but not to the extent you may believe. The reality of the matter is that $25,000 with the right moves and investments can have you well on your way towards lying on that beach chair sipping a daiquiri with a little umbrella guarding the ice from the sun. By investments, I’m not talking flipping homes in which you need a good amount of cold hard cash to get started on (but once you have it, it can be lucrative and fun). I’m talking about the countless other investment opportunities out there. The principle idea many wealthy people share is “Make Your Money Work for you”. Work for your money then pimp it. Simple enough to grasp but difficult to employ without the knowhow, and I feel it is blatantly obvious that many minorities are ignorant to this knowledge. Many have no clue what a portfolio is, it’s not that they are careless or irresponsible (all races have careless and irresponsible people) but just simply unaware. All of us are “guilty” of unnecessary spending but whose to tell you what is necessary and not. One man’s rims are another man’s golf clubs. If you want something, get it, no matter how tacky, tasteless or insignificant it seems to me or anybody else. I’m not here trying to tell you what you can and can’t buy; all I’m saying is have a plan. Do your research, have goals and make them happen, so that when it comes time to get those rims, golf clubs, start a family or, in my case, buy that penthouse condo overlooking the city that never sleeps equipped with a bar stocked with Hennessy, stripper pole, king size bed with 3000 thread count sheets, the most extensive and thorough music collection ever compiled and a 5-star Chef that can make a mean oxtail, the money is there and you can spend without worry.
So plant your investment seeds and watch them grow. Put that money under the mattress, in the old shoe box or in the bank on the streets and Pimp the Shit out of it!
Thanks for Reading.
-The MadMusician
Song for post: I Get Money- 50 Cent
P.S.- In 5 years, 50 cent has amassed more money than Jay-Z, Diddy & Russell Simons and It ain't from rapping. lol
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