(ThyBlackMan.com) The role we play in our own economic demise is mind-boggling. First of all, our priorities are screwed up. We place more emphasis on some of the most meaningless issues and aspects of life. We use much of our time talking about the housewives, the preachers, the husbands, the ...
(ThyBlackMan.com) The Federal Reserve Bank (Fed) announced on January 29th that it has decided to continue to reduce its bond buying activities, thus taking more easy (cheap) money out of the economy. What the stock market signaled with its downturn of close to 400 points over two days in the ...
(ThyBlackMan.com) Remember that movie with the Wayans Brothers? After stealing some credit cards, Damon’s character, Johnny Stewart, had everything he ever thought he wanted. He spent a lot of money on “things” and still found himself with more than enough cash to do whatever he wanted. I am also reminded ...
(ThyBlackMan.com) Most of the stress of writing a business plan comes from feeling like you don’t know what to do. This is a daunting task even for industry veterans. For a first time business owner it can feel like you’ve failed before you’ve even begun. With stress like this, your ...
(ThyBlackMan.com) When it comes to gaining true freedom, the words and actions of our most revered Black authentic leaders emphasized economic empowerment. Unfortunately, many of those who spoke the truth and tried to establish an economic foundation for Black people were ostracized, caricatured, vilified, and even assassinated. Despite their sacrifices ...
(ThyBlackMan.com) The stock market has been mixed lately as a result of the Federal Reserve Bank’s (Fed) announcement that it will reduce its bond buying activities, which started December. Because tapering or reducing the purchase of government debt at very low interest rates is not good for stocks, and will ...
(ThyBlackMan.com) Warren Buffett is rich, very rich. This past year, Buffett’s wealth grew by a stunning $12.7 billion dollars, up to $59.1 billion. All of this according to Wealth-X, a firm that studies the nation’s super rich. This means that Buffett’s wealth grew by $1.5 million dollars per hour, every ...
(ThyBlackMan.com) Yes, criticism of Mr. Obama is good for black folks, because sometimes, criticism brings about needed change. Many blacks, especially black women, irrationally support this president’s agenda, which has proven by the Pew Research Poll (http://www.people-press.org/2013/11/08/obamas-second-term-slide-continues/ ) to be out of step economically with what is wrong with America. ...
(ThyBlackMan.com) I’ve been teaching finance at the college level for 20 years, so I know how money works. I’ve also been a black man for as long as I can remember. So, putting these two things together, I can tell you that as a black man, I feel quite strongly ...
(ThyBlackMan.com) “Who’s On First?” depicts Abbot and Costello going in circles attempting to communicate simple answers to simple questions. In a similar respect, black people have been faced with this daunting task. Since the 1863 Emancipation Proclamation claimed to have freed 4 million enslaved Africans, black people in America have ...
(ThyBlackMan.com) It is no secret, President Obama has been battered over the last few days due to missteps associated with his signature legislation, the Affordable Care Act (ACA). His enemies and indeed, some members of the Democratic Party have vocalized their displeasure in the way he handled the rollout of ...
(ThyBlackMan.com) During a seminar in Buffalo, New York, a few years ago, noted author and financial adviser, Brooke Stephens, said, “How you handle your money is a reflection of how you feel about yourself.” Many of us may not want to admit it, including myself, but there have been times ...