The Wrap Up: THE COST OF RACISM ON BLACK WEALTH
Market Mondays
EYL Network
5.0 • 4.1K Ratings
🗓️ 2 November 2022
⏱️ 10 minutes
🧾️ Download transcript
Summary
In this Wrap Up clip Ian talks about the effect that racism has had on black wealth in America. #stock #blackwallstreet #blackwealth
Full Episode on YouTube: https://youtu.be/qBgS4Krq0YA
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Transcript
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| 0:00.0 | Last week a report was dropped about the cost of racism, but before we do that |
| 0:04.6 | I want to talk about accountability and zoom in in YouTube |
| 0:07.9 | I want you to type yes and chat if you set up your automated vanguard account |
| 0:13.9 | Put yes or no |
| 0:15.4 | I think sometimes because we hear so many companies we make this too damn complicated |
| 0:20.8 | You can pick an index |
| 0:22.8 | They have aggressive ones shout out to elite like VGT |
| 0:26.3 | Well, what you'll get you a good game. That's a gem for those you said I don't give enough. We've given Troy got one |
| 0:32.0 | I don't want him to give it, but he's gonna give it as far Rashad was last week |
| 0:37.0 | Now Troy, but VGT is one we got some trees VTI is another |
| 0:42.0 | Just go on Vanguard and automate |
| 0:44.7 | Type yes and chat if you've read money master the game |
| 0:47.6 | You've heard me screaming about this book for six months. I promise you it is life changing type yes and chat if you've read it |
| 0:54.2 | Or know if you haven't that's our next book. Yeah, that's it our book club. That's our university. That's the next book perfect timing |
| 1:03.9 | And then are you guys reading to 30 to 50 pages about investing? |
| 1:07.4 | per day now the thing is like a lot of you guys will ask questions, but the answers to those questions are |
| 1:13.0 | RAPT in a book |
| 1:13.9 | I know every book on investing is an amazing, but the ones that we recommended |
| 1:17.7 | Have been thus far so I want to start to do accountability checks every week to make sure that we're on par with what we need to be doing |
| 1:25.8 | I post just sitting on the sidelines and then not knowing |
| 1:29.3 | So I want to walk you through the cycle of the market because some people are terrified some people are elated |
| 1:35.7 | About what's happening in the market right now today was a great day, but as we have specs coming out |
... |
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