Dame Dash on the BreakFast Club this morning, nikka angry for no reason

bouncy

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Lol nikka said he hates saving Money and its dumb


:wtf:
I understand what he means, and I agree with him on that.

Saving actual paper money is dumb in the long run because you don't get much from doing that. Money is meant to be spent, so it is better to put money into things that will always create more money like starting a business, owning real estate, and playing the money market.

If you get $1,000,000 and you put some away into a savings account, that is dumb. At the very least buy some metal coins and hide it im a safe place because if shyt hits the fan, and the dollar is worthless, you can still buy stuff because metals will always have worth.
 

Family Man

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Are you fukking retarded? He asked me to name a business that could be started with next to nothing, not what's the most profitable business you could possibly start. Stop moving goalposts. I understand you love being a worker, and that's on you, I support your slavery breh, but you gotta fall back on this one.
Right. These nikkas are stupid as fukk. nikkas need to peep game from the immigrant community. These nikkas don't even realize how industries are built. It took a bunch of uneducated jews flipping fabric in the early 1900s and now they own the fukking garment industry. nikkas might point and laugh at the Mexican mowing lawn or selling fruit right now but valuable lessons are being taught and learned. Give it a few years and these nikka's kids will be crying about nobody hiring them. Something is wrong when black folks are the biggest consumers of goods and services but don't own shyt.
 

JayGatsby

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I understand what he means, and I agree with him on that.

Saving actual paper money is dumb in the long run because you don't get much from doing that. Money is meant to be spent, so it is better to put money into things that will always create more money like starting a business, owning real estate, and playing the money market.

If you get $1,000,000 and you put some away into a savings account, that is dumb. At the very least buy some metal coins and hide it im a safe place because if shyt hits the fan, and the dollar is worthless, you can still buy stuff because metals will always have worth.


:why:

....explain:comeon:
 

Family Man

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nah cock sucker take your sonning who the fukk is gonna open a non viable sure to fail or non profitable business. shoe shining is more viable.


how much control you clowns think a business owner have over a worker? you still have to answer to customers, creditors, regulators, employees, etc or are you one of those clowns that think owning a business is all about flossing, going home when you want, and getting your dikk sucked
Do you own and business and if so what?
 

noodles

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Easily their best ever interview...

I think we'll all agree that Chatty Patty, Envy and Angela Yee should ask their bosses for a raise....
 
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Stop lying. Most immigrants are not running around putting up all their money into their business up front. If they even survive a year like that they'd be part of the 2 or 3% of businesses that make it that far.

What WE mean by not putting up your own money is that you take out a loan and risk someone else's money and start your business. If I have $50,000 sure, i can start my business and pay all the costs up front. The smarter way is to take out a $50,000 loan, take 10 years to pay it off (perhaps costing me $55,000) and having the ability to flip that money while reducing risk. THAT is what we mean by not using your own money. Very few people making bank are doing it by putting up all the risk.

That is how you invest in yourself. Learn or get left behind.

To get a 50,000 dollar loan you need A1 credit, diversified credit, AND 2 years of income on file with the IRS stating that you've made x amount of money. Meaning you've paid your taxes for the past two years on said income. That shyt ain't easy to achieve for the average black person let alone a fukkin mexican fresh off the border ILLEGALLY. What them immigrants is doin is piling 6-7 bodies in 2 bedroom homes and pooling their money. Then they pool their money and start businesses. Then they hire their own people to work the businesses they start.

You tryna tell people to play the white mans game when they ain't in the white mans position. :ufdup:
You tryna tell people to play the debt game when they ain't got no fukkin money to pay off the debt. :ufdup:
Only a dumb mufukka would take a loan before he has the means to pay it off. And only a dumb mufukka thinks credit comes before cash. :ufdup:

Someone else's money lil nikka? When you don't pay that shyt back lets see if it's someone else's money then :ufdup:

Also taking 10 years to pay off a 50,000 dollar loan? :dwillhuh:
Where you been hustlin at lil nikka? :mjlol:
 
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bouncy

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:why:

....explain:comeon:
I did in the same post!

Basically, paper money just sitting around is losing money for you, in the long run. Once you add inflation to what is in your account, you have less then you would have if you invest the money into physical assets or paper assets like stocks, bonds, futures.
 
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