SeaSnake
OG
I thought it was Frylock at first
The Wackest Chains In HipHop History
- Thread starter Goldie
- Start date
I thought it was Frylock at first
Englishdude
OG
Englishdude
OG
CeLLar-DooR
OG
Some might call this wack but this bih is cold
Uga buga
The problem is these guys don't know how to invest their money. It's not that difficult to open an eTrade account and transfer the money from your PayPal account (every time you do a show tell the promoter to deposit the money into your PayPal account) into an eTrade account. Then put the money into a simple index fund like a S&P 500 index fund or a Dow Jones Utility or Transportation fund.
Every time a rapper gets a $10,000 check, $9,000 should go into an investment fund and you can blow that last $1,000 on weed, champagne and hoes. But getting a check and spending it on a Bart Simpson chain is just stupid.
Every time a rapper gets a $10,000 check, $9,000 should go into an investment fund and you can blow that last $1,000 on weed, champagne and hoes. But getting a check and spending it on a Bart Simpson chain is just stupid.
JUDAH
OG
Some might call this wack but this bih is cold
Thats hard tho
Inori
NAWF
lol all that shit you talking about requires work, research etc.
No it doesn't
An S&P 500 index fund is perfect for somebody that doesn't want to (or doesn't know how) to do any research. The bond rating company, Standard and Poors, has a list of 500 companies categorized by sector (energy, transportation, manufacturing, retail, technology, pharmaceutical, etc.) and they divide the companies up by large cap, medium cap, small cap and micro cap. All in all they pick 500 companies and divide the money up accordingly. That's what people mean when they say, "a Fortune 500 company".
The S&P 500 is a perfect place to invest your money if you don't know much about the stock market. You can buy shares of an index fund which is similar to shares of an individual corporation. The value of an index fund fluctuates every day like the Dow Jones Average (which is also an index fund but it's 30 Large cap companies). If you watch the news every day they report if the S&P 500 goes up or down. It's common to go up or down 200 points. Same with the Dow Jones Average. Don't buy stocks on NASDAQ.
Its really simple to invest in an index fund and the basic premise of how it works is pretty simple too.
There's absolutely no reason to walk around with $500K worth of jewelry around your neck and on your wrist with no investments.
Just imagine if you're a rapper from the mid 90s and every time you got a $10,000 check you invested $9,000 in a simple index fund.
Inori
NAWF
Make the thread bruh
VIBE
Welcome to the New Era
dang, his chain has a chain..
Who did?