White people’s net worth outgrew Black Americans’ by 30 percentage points in the pandemic, New York Fed study finds

[A to Dah K]

Are you saying Amazon stock dropped or are you getting it confused with the stock split that took place?

Exactly

 

[A to Dah K]

Plummeting since the split.




GreAt time to buy.

Shares plummeting since the split.

Na

 

[CPT Callamity]

Plummeting since the split.




GreAt time to buy.

Shares plummeting since the split.

It plummeted in April '22, hit it's bottom at $84 and now is back to $174.45 and continuing up. Whatever dip that happened during the stock split has been corrected. If you're pumping and dumping, that's where you lose.

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finance.yahoo.com

 

[Mrfreddygoodbud]

Na

Ok I haven't been following the tradition

al market since I sold the little bit of Amazon stock I had using the plandemic

My point folks acting like money can only be lost

In crypto as if nobody ever lost it th.e traditional way

 

[Mrfreddygoodbud]

It plummeted in April '22, hit it's bottom at $84 and now is back to $174.45 and continuing up. Whatever dip that happened during the stock split has been corrected. If you're pumping and dumping, that's where you lose.

Amazon.com, Inc. (AMZN) Stock Forum & Discussion - Yahoo Finance

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finance.yahoo.com

Thanks for the updates..

 

[Chiyo]

Many blacks do not believe in the 2 ways that generate wealth....investing and insurance. WE tend to work in jobs that have pensions (a positive) but do not also invest in the 401k or 403b that is also available. Unfortunately I often see people come to where I work with the flyest clothes and expensive cars, but no portfolio. I see many whites roll up in an old Camry and are sitting on a few million, live in modest homes with no mortgage, and plan on transferring that money to the next generation.

How many black people do you think had access to 401ks when you were a kid and the vast majority of black middle class were in roles like government and trades that leaned towards pensions?

 

[blackbull1970]

White folks profited big time on those PPP loans and other government handouts back in 2020.

They were not held up to the same scrutiny as Black folks that had to have every “T” crossed and “I” dotted.

 

[Chiyo]

What does financial literacy look like for Black people?

Historically?

A piece of land(house), insurance policy, and a government pension.

For a 401k to be viable as a retirement policy you have to invest over a long period with no gaps and making well above income to where you can invest in that. Same for the stock market.

Being mad at baby boomer and above black people not teaching you about investing in the market is like a white girl with a mixed baby being mad at her parents for not teaching her how to do her kid's hair. Its the different paradigm we all live with.

 

[Non-StopJFK2TAB]

White folks profited big time on those PPP loans and other government handouts back in 2020.

They were not held up to the same scrutiny as Black folks that had to have every “T” crossed and “I” dotted.

PPP Loans are this generation’s low-interest suburban home deal.

 

[Mrfreddygoodbud]

How many black people do you think had access to 401ks when you were a kid and the vast majority of black middle class were in roles like government and trades that leaned towards pensions?

That's my point...I seen first hand my fathers homie had damn near all his pension wiped out

In the 2008 crash.. had work up to his late sixties

The traditional market is always a guarantee for the few who are allowed to inside trade.

Shout out to Nancy pelosi

Everybody else good luck with that shit

 

[RUDY RAYYY MO]

Many blacks do not believe in the 2 ways that generate wealth....investing and insurance. WE tend to work in jobs that have pensions (a positive) but do not also invest in the 401k or 403b that is also available. Unfortunately I often see people come to where I work with the flyest clothes and expensive cars, but no portfolio. I see many whites roll up in an old Camry and are sitting on a few million, live in modest homes with no mortgage, and plan on transferring that money to the next generation.

And whites also live by the mantra MARRIAGE IS A BUSINESS. Black folk get married and divorce simply for not getting along, understood when no kids. But with seeds WORK THAT SHIT OUT TO BUIKD GENERATIONAL WEALTH

 

[Ballatician]

It plummeted in April '22, hit it's bottom at $84 and now is back to $174.45 and continuing up. Whatever dip that happened during the stock split has been corrected. If you're pumping and dumping, that's where you lose.

Amazon.com, Inc. (AMZN) Stock Forum & Discussion - Yahoo Finance

Find the latest Amazon.com, Inc. (AMZN) stock discussion in Yahoo Finance's forum. Share your opinion and gain insight from other stock traders and investors.

finance.yahoo.com

I bought Amazon when it dipped to the 90s and I bought Google when Bard was acting up. If there’s one regret, I didn’t buy more.

 

[Supersav]

 

[Mrfreddygoodbud]

If you understand the reality of willie lynch,

you would understand the reason for this article an how

the top 1 percent have remained the top one percent for now.......

they playing mind games...

knowing all cacs did NOT do that well, now the cacs that did NOT

do that well, will read something like this, and want to go extra

hard with proving their pale face worthiness, only to keep chasing

a bone they will never get....