Cac Generational Wealth Still Undefeated

The Fade

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Why would you want your kids to work for someone else when they’ve watched you work their whole life

Better than letting the streets and struggle raise them. If you’ve worked with your dad for years you know how his shyt works and the inner workings.

I’m not trying to work for ever, if my son worked with me for years and showed he got it, I’m handing it to him and will advise from the shadows. He has a leg up from his peers. These Arabs are buying their sons shopping malls and gas stations at twelve. Asians and Jews work in the shops after homework is done and while homework is being done. Then can sell it to other Asians and Jews if they want.
Time for brehs to stop worshipping letting the streets raise a kid and tie them to something like a duty

My mom was trying to get me to take over my pops business years ago and everyone would agree I’m capable but that’s another story. I’m not even 30 yet
 
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dynamik

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What a joke when the CEO for a fashion company that makes items for rich people is the richest person in the world.

Mathematically it makes sense, but shows the state of the world.

Those products literally don't add any helpful value to the planet.

If these rich mfs got enough money to buy a bunch of meaningless crap to that level:

Tax them mfs harder. They're obviously good for it.


It aint rich people keeping them rich. It's broke and average people trying to keep up with the status quo. There's a high end mall in my city that has a lot of high end brand stores. The Gucci and Louis V store are across from one another. BOTH OF THEM have lines going out the door and down the walkway full of hood/broke/average people EVERY DAY, ALL DAY. Its crazy. I'm guilty myself, I've shamefully stood in both lines to by my wife a couple of bags.
 

IIVI

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It aint rich people keeping them rich. It's broke and average people trying to keep up with the status quo. There's a high end mall in my city that has a lot of high end brand stores. The Gucci and Louis V store are across from one another. BOTH OF THEM have lines going out the door and down the walkway full of hood/broke/average people EVERY DAY, ALL DAY. Its crazy. I'm guilty myself, I've shamefully stood in both lines to by my wife a couple of bags.
One thing that's always kept me grounded is thinking about the long term.

I got friends/a couple (granted they're doing ok) that would buy these bags/purses once or twice a year.

When they looked back one day they realized they've spent about $80k on bags. Bags.

They could have had $80k sitting there instead of a bunch of bags.

That did it for them. They stopped buying that stuff.

Basically add up how much you've spent and ask yourself what you'd do with that check right now instead of spending it on something dumb.

Even more, what'd that money be if it was spent in an index fund instead?

Edit:
Looking at how much money my friends left on the table rather than being smart:

That $80k (this was around 2010) would've been worth about $300,000 if he dropped it into index funds and pulled that amount out right now.
 
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MikelArteta

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It aint rich people keeping them rich. It's broke and average people trying to keep up with the status quo. There's a high end mall in my city that has a lot of high end brand stores. The Gucci and Louis V store are across from one another. BOTH OF THEM have lines going out the door and down the walkway full of hood/broke/average people EVERY DAY, ALL DAY. Its crazy. I'm guilty myself, I've shamefully stood in both lines to by my wife a couple of bags.

amazing the public taste for brands. Dude prob laughs himself to sleep every night so you're telling me I can sell this bag for 2,000 dollars and have people buy it just because :banderas:
 

Savvir

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amazing the public taste for brands. Dude prob laughs himself to sleep every night so you're telling me I can sell this bag for 2,000 dollars and have people buy it just because :banderas:
he aint laughing... that 2000 bag is just normal product in his eyes...

he spends his time looking at spreadsheets showing his wealth growth....

aint thinking about broke people at all...
 

desjardins

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At least they working, unlike the Waltons
Them kids grew up watching him run the business their entire lives and they French, not American cacs they probably actually putting time in
 

Will Ross

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What a joke when the CEO for a fashion company that makes items for rich people is the richest person in the world.

Mathematically it makes sense, but shows the state of the world.

Those products literally don't add any helpful value to the planet.

If these rich mfs got enough money to buy a bunch of meaningless crap to that level:

Tax them mfs harder. They're obviously good for it.

It's way worse for people to get rich off stuff people need but can't get.
Than someone getting rich of stuff people don't need
 

VoxSphere74

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You read about Kate Mara's family owning the Pittsburgh Steelers and the NY Giants since the 1930's.

Or Julia Louis Dreyfus' family owning a multi billion dollar shipping company that's been around since the 1800's and you realize that Black americans don't stand a chance at attaining true generational wealth and have never been nor will they ever be allowed to attain sizeable wealth in the US by cacs.

And if they did.....they're still in the US. A country where nothing they have is really safe from theft or destruction.


Get mad at the blueprint instead of following it brehs….

Black people followed "the blueprint" from the 1870's-1940's and they had their neighborhoods destroyed and blockaded by official cac economic policies.

And you can't build a sand castle on the beach and expect it to last and you can't build wealth in the US as a black person for the same reason.
 
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