Fans go off on Quavo from the migos, for spending $200k on his new chain

[Drip Bayless]

That bag could've gone to the negro college fund or any other black organization that helps the community. Big Pharma ain't letting the cure out ever whether it exists or is close to.

Y'all weirdo nikkas need to stop quoting me

 

[Rozay Oro]

Y'all weirdo nikkas need to stop quoting me

Be ignant but have a pic of a man who became a woke "weirdo" later in life as your profile pic brehs

 

[thewiseman]

Y'all really gonna dictate how a man gonna use his hard earned money smh

 

[MegaTronBomb!]

Buying a 200k chain wont guarantee your children and grandchildren a future. Wonder which associate steered him to the jeweler and how much kickback was involved.

Not only are y'all pocket watching, you swear that rappers are coerced into making these purchases....cause they have no free will.

 

[MegaTronBomb!]

Jesus Christ... his tax accountant has him spun around all backwards. THIS is what you spend $200k on. Jews want his money for their own kids, though...

Y'all get mad when rappers don't donate large amounts of money and resources to people who can't/refuse to help themselves.....and then get mad when rappers have reached levels of idolatry among those same people.

 

[Drip Bayless]

Coli fiduciaries at it again
Imagine what y'all lives would be like if y'all spent this time getting money, isn't of worrying how others spend theirs

 

[Malcolmxxx_23]

Wallet watching

 

[Shorty K]

He is literally handing that jeweler money for free. if you read the above. Diamond jewelry is not an investment and loses value faster than todays computer devices. You can buy a iPhone today and still sell it to someone online for more than half of what it costs on the day you bought it.

Diamond Prices and Trends Over the Years

- With continued economic growth around the world and more demand for luxury goods and decline in the mining of diamonds, it is expected that the prices of high gem quality natural diamonds will increase by roughly 6% each year until 2020.


- While the overall health of the economy influences the prices of diamonds, in general this gemstone has gained value over the years. Data shows the prices of diamonds over the past ten years have increased by approximately 32-33%, giving it an average of 4% every year.

- De Beers no longer controls the supply of diamonds as their market shares have fallen from roughly 90% in the 80s to close to 30% now. This is a good news because it shows that diamonds can hold its value even when its supply is not controlled by a large cooperation.

Pocket watchers hold this . If you're savvy, owning a diamond chain potentially is giving you much better returns than putting your money in a savings account

 

[---]

i have no idea, but it does tie in with the poor record of money circulation in the black community where as other groups spend a greater percentage in their own communities. only 2 cents out of every dollar a black person spends is with a black owned business.

my focus was more on the message, we need to keep that money circulating. it's not fool proof because even if it was a black jeweler who is to say he wouldn't take that profit and spend all of it with white people?

Where you get that from? Any source on that. It can't be that bad.

 

[---]

Coulda bought a house with the money and rented it out.

Rappers are dumb with money just fukking dumb.

Same shyt with Juelz Santana man could of bought up all of Harlem and flipped it now he is out here doing shows to stay a float because he spent x amount of K' s on jewelry.

200k cut that 20k piece can find 10 homes for 500k. Now is net worth is up by a cool 5m plus a least minimum a line of credit close to a million.

At least brothers in sports are starting to understand the value of money and wealth.

In the end ain't my money!

 

[Kerkum]

he already gave back

Photo op

 

[luciddreamer]

In their defense, they know no better, when you know better, you do better....

I look back at a time in my youth where I spent 100 on ONE pair of true religion jeans, and 200 on some bugs bunnys (Jordan 8'S for yall that don't know)...and for what, to show everybody i had em, and rap videos and magazines didn't help...

it didn't ruin my life in any way, but it was a ridiculous waste of money that could have been better utilized....many of us need to divert from being the laughing stocks and dollar signs of this society.... realize the power we have in economics and turn the tide....

some of you laugh and say oh it's pocket watching, and this that and the third.... but this game of marketing has been going on for ages.... and like I said , once you KNOW better, you DO better....

 

[Curufinwe]

Time to listen to Story of OJ.....Jay-Z got it right..;

 

[Ziploc]

How can you be mad at a brother celebrating life?...being mad at jew/arab/russian jewelers is not going to do anything to solve whatever issue dude might have with rappers spending money like they are going to have it like that forever.Money itself does not come with a disclaimer on how to keep it.If you are dumb like that,it will not be a jeweler,stripper,thot,lack of condom use or car dealership that leaves your pockets on E,but your inability to see the way money works for and against you.Let dude ball out but dont feel sorry when he blows through his blessings because he cannot see beyond his limitations as a formerly poor dude with self esteem issues,which is the real issue here if we're going to be real about it

 

[Big Boss]