Anonymous wrote:

Anonymous wrote:Most on DCUM come from money

Even if they do, what behaviors did they grow up with to preserve and grow wealth?

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:^ PP was making the point that it's about BLACKNESS. You aren't given benefits of the doubt like people assuming you have good credit when you're black. So how do you explain African immigrants -- most of whom are also black and seem to be finding success just fine? You think the average white person sits their distinguishing between African black vs. American black with slave ancestors? GTFO. Slavery is an excuse AAs will hold for the rest of their lives. It's been 150 years -- YOU weren't personally affected -- maybe your grandparents were but it was probably your great grandparents.

All the arguments of -- oh bc my grandparents were slaves they didn't have family wealth to give us and now we can't get ahead are BS. More than one non-AA person has commented on here about NOT having school paid for, paying off loans, NOT getting down payments and cars etc. from parents, and STILL hitting a 7 figure net worths by themselves within 10-15 years of working. AAs can't do it - why - exactly?

Well, because they aren't white people so they don't walk in the door with the right complexion to get the assumed trust and benefits and other goodwill that goes with it. But, you know that, you just want to be and remain stupid. That's OK. Progress will whoosh right on past you backwards racist folks, thankfully. The rest of us will do what you won't do.

Not everyone following that model is white BTW. Pretty sure most African immigrants aren't white. Pretty sure most Asians aren't white -- and not every Asian is getting the benefit of the doubt of being the "model minority" either. You AAs and your white defenders can do what you want. Sit there crying for 5 more generations re slavery which didn't affect you directly bc you didn't exist yet. Doesn't matter to the rest of us if you progress or not bc we're doing what we need to do for ourselves and for our future generations. You all aren't-- which means your future generations will continue to be behind financially as they are now.

Anonymous wrote:How did a thread in the money forum turn into a fight re slavery??

In terms of secrets of rich people -- I'd say INVEST as early and as often as you can. Put everything you can in your 401k starting day 1 -- doesn't matter if it's 18.5k total or if you can only put in a few thousand. Have some kind of plan for additional, non retirement investments. Again it's best if it can be $x/month every month. But if that's just not doable, put in money whenever you can -- even if it's a few hundred here and a few thousand there. And don't do anything "fancy" with the money -- straight up S&P ETF or maybe a low cost blue chip fund. Those investments in the 401k and brokerage will add up over time as you continue to live your daily life and suddenly you notice you have a not insignificant net worth in a few years.

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Anonymous wrote: White people: both the cause of, and the solution to, all black people problems.

In the meanwhile all other immigrants and poors are not waiting to be rescued by Whites. 30 more years and the Hispanics will not be the low performing or poor community. Unless, dole is contagious.

All other immigrants and poors come from different circumstances than black people here. Black people here are still treated poorly. Immigrants are seen as hard workers and blacks are seen as not. So not the truth when I think about my own co-workers.
White people treat American born black people badly, and many immigrants have joined them: "we work hard, why can't they?". I'm poor and an immigrant, but nobody has ever question me like people here question black people. My English sucks and I had no work papers for the longest time. None of it mattered when it came to getting a job. My whiteness got me those jobs. I've been offered a job while walking in the mall, I've got rentals because I have credit (I didn't) and so on. I don't know how to tell you all that I literally have that something extra that makes my life super easy. I suspect black people don't have it and quite the opposite - they have that something that makes everybody question them, and I question them too. I'm aware of it, I'm working on it, but it will not leave me any time soon or never.
"30 more years and the Hispanics will not be the low performing or poor community". Not the way they are now. They will be low class, middle class and UMC, just like any other group that has lived here for awhile.

So how do you explain African inmigrants? Black as can be yet Nigerians are snagging tons of Ivy League spots in recent years. Their blackness doesn’t hold them back despite being new to America yet AAs born here 100-150 years after slavery claim blackness and slavery as excuses??GTFO

I'm so confused. You just answered your own question.

How do you explain the relative success of African immigrants, who were not enslaved and abused 4-5 generations ago and systematically, legally discriminated against within the last 50 years? Um...It's hard to say really. I'm sure if we put our head together we can figure it out.

What on earth makes you think that African-Americans are the only group that has been subject to extreme discrimination, has locked legal parity, and has suffered atrocities? This happens across the globe. This entire thread, there has been so much blame, and few if any actual recommendations as to how to move forward. And this is on a thread that is specifically seeking tips from people who are wealthy. Why not open minds to think about any tips that resonate for a readers circumstances, knowing that obviously not everything will apply?

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote: White people: both the cause of, and the solution to, all black people problems.

In the meanwhile all other immigrants and poors are not waiting to be rescued by Whites. 30 more years and the Hispanics will not be the low performing or poor community. Unless, dole is contagious.

All other immigrants and poors come from different circumstances than black people here. Black people here are still treated poorly. Immigrants are seen as hard workers and blacks are seen as not. So not the truth when I think about my own co-workers.
White people treat American born black people badly, and many immigrants have joined them: "we work hard, why can't they?". I'm poor and an immigrant, but nobody has ever question me like people here question black people. My English sucks and I had no work papers for the longest time. None of it mattered when it came to getting a job. My whiteness got me those jobs. I've been offered a job while walking in the mall, I've got rentals because I have credit (I didn't) and so on. I don't know how to tell you all that I literally have that something extra that makes my life super easy. I suspect black people don't have it and quite the opposite - they have that something that makes everybody question them, and I question them too. I'm aware of it, I'm working on it, but it will not leave me any time soon or never.
"30 more years and the Hispanics will not be the low performing or poor community". Not the way they are now. They will be low class, middle class and UMC, just like any other group that has lived here for awhile.

So how do you explain African inmigrants? Black as can be yet Nigerians are snagging tons of Ivy League spots in recent years. Their blackness doesn’t hold them back despite being new to America yet AAs born here 100-150 years after slavery claim blackness and slavery as excuses??GTFO

I'm so confused. You just answered your own question.

How do you explain the relative success of African immigrants, who were not enslaved and abused 4-5 generations ago and systematically, legally discriminated against within the last 50 years? Um...It's hard to say really. I'm sure if we put our head together we can figure it out.