Posts tagged as:

Assets

Inspiring Interview Featuring Ephren Taylor

It’s not about how much you make. It’s about how much you hold onto. -Ephren Taylor
We saw this video recently on Mixergy, and couldn’t resist the temptation to post it over here and share with everyone. Ephren Taylor made history by becoming the youngest African American to become CEO of a publicly-held company. He is [...]

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Where is the Money in the Music Industry? Part II

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(Continued from:
How Much Musicians Really Make in the Industry Part I)
No Foundation = Eventual Termination
The reason we’re so unimpressed with artists boasting about their imaginary funds and luxurious lifestyle is because unless we see a sustainable foundation behind the funds, we’re certain that these funds will dry up within a finite amount of time. The [...]

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How Much Musicians Really Make in the Industry Part I

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In the music industry, numbers are the name of the game. While your favorite artists may flaunt the fast life vigorously, there’s a 98% chance that they’re even making bank from their record sales. Despite the cars, jewelry, fashion, etc., the likelihood of these same artists being able to afford the lifestyle portrayed in their [...]

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Ciara Spends Eleven Grand on Shoes Monthly

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We possibly have another celebrity with hardly-wealthy behavior on board. This time it’s R&B singer Ciara. She recently mentioned in Pride Magazine that she spends an exorbitant amount monthly on shoes to the tune of $11,000. That equates to about $132,000 annually on shoes that
A) decrease in value over time (liabilities)
B) go out of style after a [...]

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Bob Johnson Nearing Grade F Model Territory?

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Things have been quiet on the Bob Johnson territory for some time now. While Bob Johnson was the first African American to become a billionaire, he has since lost his title and failed to grow his wealth. The Daily Beast even reports that Bob Johnson has been so pressed for funds that he sold his [...]

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The Euro Signals a Loss of Faith in Paper Currency

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The situation with Greece has gone far beyond just the economic consequences for Greece, Portugal, Italy, Ireland, and Spain. It now has spun further to bind all of Europe and the world with it. The markets are experiencing a huge drop, and the worst has not yet passed. As each day passes, the world comes [...]

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Should You Consider Buying Art?

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While one may think their brand new Jimmy Choo or Limited Edition Michael Jordans are an asset, they’ll have to think again. They may be artistically inspired, but they will yield no profits. We’re referring to art that doubles as an investment as well as décor. Ideally, it should be increasing in value over the [...]

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Is There A Fine Line Between Investing and Gambling?

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We once heard an individual describe stock market investing as “sophisticated gambling”. Depending on who you’re looking at, it may or may not be true. First off, let us give our definition of gambling. Gambling is when an individual is up against high odds of a return and facing an infinite range of unknowns. An [...]

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