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BLACK ENTERPRISE Presented Virtual Summit Focused On Closing The Racial Wealth Gap And Building Multigenerational Wealth In Black Communities, April 22

BLACK ENTERPRISE Presented Virtual Summit Focused On Closing The Racial Wealth Gap And Building Multigenerational Wealth In Black Communities, April 22
The Wealth Building & Real Estate Summit offered tips, tools, strategies, and resources to help Black people create wealth with a focus on homeownership, investing, and entrepreneurship
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NEW YORK, April 23, 2021 /PRNewswire/ BLACK ENTERPRISE presented its first-ever Wealth Building & Real Estate Summit, on April 22. In the face of disparities revealed and exacerbated by the COVID-19 pandemic and the resurgent demand for social justice, the need for Black Americans to focus on wealth creation has never been more urgent, and the opportunities to build wealth have never been greater. The Black Enterprise Wealth Building & Real Estate Summit focused on the key priorities for increasing the collective net worth of Black Americans and closing the nation s widen ....

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9 Black Financial Educators You Should Be Following on Instagram

9 Black Financial Educators You Should Be Following on Instagram
Whether you’re paying off student loans or saving to buy a home one of these savvy sisters has the secret sauce for you.
Personal finance expert Jamila Souffrant
Gone are the days when financial advisors were confined to older White men (and the occasional woman) who rarely if ever understood the nuances between Black folks and our relationships with money. Thanks to social media, a much broader range of experts in this space abounds – and we can easily access their advice from the convenience of our cellular phones. Dialogue around personal finance from breaking into the stock market, saving for retirement and salary negotiations is no longer taboo. But who are the trusted pros leading these necessary conversations and how does one find them on the vast world wide web? ....

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GameStop's 'Reddit rally' puts scrutiny on social media

Social media services including Facebook and Reddit restrict discussions about weapons, drugs, and other illegal activity, but their rules do not specifically mention another lucrative regulated good: stocks. ....

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Analysis: GameStop's 'Reddit rally' puts scrutiny on social media forums | Taiwan News

2021/01/30 12:20
FILE - In this May 7, 2020 file photo, a GameStop store is seen in St. Louis. Two hedge funds are bowing out of their short positions on the money-los.
FILE - In this May 7, 2020 file photo, a GameStop store is seen in St. Louis. Two hedge funds are bowing out of their short positions on the money-losing video game retailer. Citron Research’s Andrew Left said in a video posted on YouTube that his company is going to become more judicious in shorting stocks. Melvin Capital is also exiting GameStop, with manager Gabe Plotkin telling CNBC that the hedge fund was taking a significant loss. (AP Photo/Jeff Roberson, File) ....

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Analysis: GameStop's 'Reddit rally' puts scrutiny on social media forums

6 Min Read
OAKLAND, Calif. (Reuters) - Social media services including Facebook Inc and Reddit restrict discussions about weapons, drugs and other illegal activity, but their rules do not specifically mention another lucrative regulated good: stocks.
FILE PHOTO: Reddit mascots are displayed at the company s headquarters in San Francisco, California April 15, 2014. REUTERS/Robert Galbraith
Some people think they should. Users of a Reddit group, in which 5 million members exchange investment ideas, generated significant profits by gorging on shares of GameStop Corp and other out-of-favor companies that had been shorted by big hedge funds.
Investors have used social media for years. Anonymous posts have fueled cryptocurrency pump and dump schemes, according to studies, but that obscure market generated less scrutiny. The “Reddit rally” however, has roiled global stock markets and drawn scrutiny of posts in which thousands of smaller investors trade tips on platfor ....

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