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Showing posts with label Drew Brees. Show all posts
Showing posts with label Drew Brees. Show all posts

Monday, September 21, 2020

It's Take a Village To Invest - Grow Leaders | Plant Seeds | Stocks


Investing In Yourself – Using Pillars to Build Your Core
Setting Budgets + Saving for Black Swans


How to Open My First Brokerage Account

Diversify your Life (Mind, Body, Soul, + Investments)

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African Proverb - It Takes a Village

Today I wanted to share a proverb that I believe strongly in. Have you ever heard the phrase "It takes a village" -- usually it's followed by "to raise a child" because that's where modern day society believes the biggest need is in their household. This is evident by COVID because when businesses were closed certain leaders were rushing to get schools open because they needed to 'house' children so the parents could go to work. While this is one function, it defeats the goal or objective that parents muse be at the center of their child's life and educational growth especially during the early years. I started raising children later in life so maybe I am less guilty, but still guilty as charged during my child's infant months. 

A few years back when I was going into the office, I would often come home late (due to work and long commuting) and find my child already asleep. I want to change this mentality to form a better family. My village concept is not new --- because I work from home, I walk my daughter to daycare, take a morning bike ride with my 5 year old, and monitor her school progress --- while I work. Notice in my example, we still use school/daycare BUT they support my village concept and the objectives of raising a child alongside family, church, community --- those other entities are NOT the owner or solution. I set the objective, the goal, the discipline --- the others must help support and nurture the environment. This is the same with other priorities NOT just children. 

So this brings me to Baker Mayfield and Alejandro Villenueva when it comes to the goal of improving African-American lives in the US. The African American village needs help and it takes village and community leaders to help nurture the environment. I prefer calling the objective - we are investing in the African-Americans. Yes, we need to invest in all communities including white ones BUT today we are focused on my community. I respectfully ask you all to never be the Baker Mayfield's of our village. I would rather you be Drew Brees or Alejandro Villenuava but please don't be a Baker Mayfield. Before the National Football Season, he claimed he was an ally and would kneel as he understood the objective at hand - bettering black lives. But as the season approach --- Baker Mayfield changed his tune. Unfortunately, but not uncommon, he probably succumbed to his business interests, protected his image (commercials), and caved to whispers around him. I won't leave my child with a wolf. To protect my child and village I rather that wolf tell me exactly who he is like Drew and Alejandro did. The worst is the false ally you leave to help nurture your village but actually through their actions helps to tear it down. In closing, if you don't know the story of Alejandro is shows why we must nurture villages -- he covered up the Pittsburgh Steeler approved decal of a fallen black child who was killed in Pittsburgh, Antwon Rose Jr. Instead acknowledging and focusing on the objective at hand, I saw the self absorbed culture I see to often in our society on full display. He chose to cover up Antwon Rose's team approved decal on his helmet with a name that meant something more important to him. I'm fine Alejandro supporting your military village but that IS NOT your only village. I can pray for police, military, the flag and still show support for the African-American community and ANTWON ROSE JR - a fallen black male at the hands of the police. They are not opposites on a spectrum, they are simply villages with actual lives that all must be looked after. We must grow leaders that uplift villages --- NOT tear them down.

Planting Seeds - Budgeting

For the last few weeks, I've decided to plant some additional seeds to help my village. I try to train people from all nationalities and backgrounds on information technology principles. I believe the jobs shifts in my sector have the ability to uplift and transform people's career if they choose. I then try to help place those people in the jobs of the future which is like a public - private partnership. I fully acknowledge that I benefit at times when anyone finds a job through me. If I am solving a problem, it's fair to be compensated for that to grow my mission. I wrote months back at how I helped a young man of color via a paid internship that taught him the benefits of project and property management. He shared a new story with me this weekend that made me smile, the seed is growing. I am planting a new seed that takes me back to my root (no pun intended). I am teaching another person the benefits of budgeting as they chart their path outside of their current village. The strange thing is their budget is simply an extension of a plan - a plan to be a seed that grows and adds value to those around him. It's time consuming but self-fulfilling whenever you hear I'm learning a tremendous amount. More to come.
 
Stock - ViaSat

Similar to growing people, I plan investment seeds. I tend to a large garden and have a full-time job. So I set alerts and wait for them to ripe -- my investment goal is to find value but only when the value is there. Then I go back and investigate my plant -- will it grow, or produce other seeds, or is the plant dying or worse can it cause harm to other plants. Here is one of my new investments and you'll even see the alert I set months or sometimes years ago -- reminding me of my objective to find value.

ViaSat Inc  (VSAT: NASDAQ)
Alert was set: $42.10
Current:


Disclosure - I do not own ViaSat but actively watching this stock. Like a crop in my village, I will sit down, evaluate and determine what type of investment will this be. I like when stocks are honest about their true colors, some they are only profit motivated like Drew Brees or Alejandro Villenueva. I can live with their truth. I really analyze and stay clear of the stocks like Baker Mayfield, the one's that claim they align with your objectives but in reality they do not support the mission of the village.

Tuesday, June 30, 2020

Investing in Change - Colin + Collectors Universe (CLCT)

I wanted to start off with an acknowledgement that we hopefully call rally around, the simple fact that Black Lives Matter.  I knew it mattered decades ago when I first developed this blog. Urban Economics - the intersection of what it means to be black and the development (over the years) of a toolkit to survive in a harsh landscape that is not welcoming to people that look like me. Urban was used to describe the music I listen to (Grammy: Best Urban Contemporary), the neighborhood I live in, and even the way my people spoke. So it was clear to me even then that BLM I just couldn't scream it to the rooftops because we all knew about the that thing lurking around the corner called "systemic racism". Today's post is not about the many times I've been singled out by the police, those articles will come but the "FEAR" of entering the corporate world and trying to survive for your family. The fear that being too outspoken can get you singled out. How do I know --- we've seen it happen too many times especially to the good ones. Muhammad Ali, Martin Luther King Jr., and yes Colin Kaepernick.  I saw that young brotha's wings get clipped too early and we all knew the unfortunate price he would pay.  

How do businesses deal with this issue, well there is a term and strategy I learned in the corporate world used to prevent them from getting singled out.  During the financial crisis it was invoked because there was a fear in the air and everyday people were taking matters into their own hands. They ran, literally into banks, and withdrew all of their money fearing one bank failure meant their bank would be up NEXT. There is a reason why the call it "A Run on The Banks"...look it up.  So during the financial crisis (feel free to read about it on my blog from 2008-2010), the people in charge (Ben Bernanke, Tim Geithner, Hank Paulson) devised a plan to help the banks survive being "singled-out" for taking funds from the government. Think of it from my perspective as an investor: if my bank is taking money --- they must be in BIG trouble! If I see this I sell my stock and further I pull my money out of that bank --- hence a run on that bank begins or continues. The plan that was devised was for EVERY bank to take the bailout money (the bitter medicine even if you didn't need it) for the greater good of the banking system and the country. They call that "ring-fencing". If everyone is doing it, I can't single out one why one actor is doing it.

Fast forward to what Urbanomics has always been about. A place for all people, but in particular my People of Color to learn from each other and not be singled out in Corporate America as too ambitious, driven, or looking out for your own personal or family's best interest. My issue with the NFL, the players, and the owners is they didn't realize this simple fact when we all watched Colin Kaepernick do what was right. No one ring-fenced the young man and I was irate then and still am. Like Lebron James said...the NFL owes Colin Kaepernick an apology and I agree. If everyone would have knelt....yes you Drew Brees maybe we all could have focused on the real issue at hand and maybe just maybe he would still be playing.

So if you are new, read this blog to empower yourself. Those of us that have read over the years realize what I am saying isn't anything new --- we are uniting as a collective unit to be great parents, workers, investors, and agents of change as there is strength in numbers. And I also believe that in a capitalist society, money talks. Because when you're are a collective unit, you have strength or as I like to call it leverage and you can negotiate what's in the best interest of you and yours.

I'm sharing the best performing stock in my portfolio in hopes that the NFL and teams do right by Kaep. In hopes that we ring fence and invest in our futures together --- strength in numbers. You can read my many posts over the years on Collectors Universe (CLCT). I bought this stock when I was a young pup and it holds true to my pillars. Build a strong core, work hard, and prioritize what's most important to you. To me it's family, so my portfolio of investments simply means I prioritize time and relationships in this short beautiful life. 
Thank you #Kaepernick, yes #BlackLivesMatter, and I remind you #ifnotnowthenwhen

If you need a disclosure, yes I own CLCT and have since at least 2007. Buy low and hold on to great investments. CLCT pays a dividend and most of your investments (real estate, business, stocks, etc.) should be providing you some type of return because it's a valuable asset. Be humble and surround yourself with people smarter than you. Take but manage risks very well.