Brown Girls Do Invest Takes Over Chicago

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When a room full of smart, ambitious, intelligent and inquisitive Black women convene, nothing but greatness follows.  There was nothing but greatness present at the Brown Girls Do Invest workshop on Saturday June 8, 2019.  Hosted by Brown Girls Do Invest founder Bahiyah Shabazz, the afternoon consisted of a panel of phenomenal Power Women who imparted knowledge and offered sage advice for those of us who want to invest but may not know how to or where to start.  Thanks to Black Bloggers Chicago for the opportunity to fellowship with my fellow bloggers but to also attend the event.

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Black Bloggers Chicago

The day began with a VIP mastermind, an opportunity to have an intimate experience with the panelist to gain a little more insight than what the workshop offered.  If the Mastermind was half as great as the workshop, then be on the lookout for the next wave of Black Female Millionaires.  In a climate where Black women are the fastest growing demographic of entrepreneurs, possibly due to the fact that the average Black woman makes 62 cents per dollar of her white, male counterparts. this workshop was timely, relevant and a great way to gain a wealth of information from seasoned and experienced financial professionals.

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Bahiyah Shabazz, MBA Moderator BGDI Founder

In addition to BGDI founder Shabazz, the panelist and speakers included Florence Hardy, ESQ, Cimone Casson, Delta Jones-Walker, Joanna Jane, Courtney Richardson and Danielle Pierce.  Each speaker offered attendees hearty food for thought and practical tips to jump start their investment portfolios and begin their road to generational wealth.

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From L-R Cimone Casson, Florence Hardy, Delta Jones Walker, Bahiyah Shabazz

One of the repeated themes for the day was the value of ‘multiple streams of income’.  With the recent announcements of the wealth building and business acumen of celebrities such as Beyonce, Serena Williams and Rihanna, it is obvious that one of the roads to wealth and financial stability is the ability to have several streams of income and the ability to make money in more than one arena.

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Photo Courtesy of Balleralert.com

Another important topic that was addresses was the cultural relationship we have with money.  Unfortunately, for many of us in the Black community, this is not nor has it been a happy, healthy relationship.  It is time to do the work to change the dynamic of this relationship and kill those generational curses that have held many in the Black community in a culture and love relationship with poverty and struggle.  This no longer has to be the paradigm.

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One of the most powerful take-aways from the day was that there are many ways to make money.  Many people feel that the stock market or traditional savings is the only way to build wealth.  This is not the case and the speakers and panelist did an excellent job in discussing various alternatives to the two traditional methods of gaining wealth.  There are many options, the key is to work with a financial advisor that has your best financial interest at heart, do the work, get comfortable with being uncomfortable, and just do it.

Another recurring theme from the workshop was the power of discipline.  Yes, we need discipline in our financial lives as well.  This can be as simple as honestly wrapping your mind around the concept of paying yourself first.  I am sure we have all heard that before, but do we do it.  I can honestly say that I don’t but it is something that I plan to put into place immediately.  Most things we do in life require hard work and discipline.  Why should our money be any different?  In the words of the late great Donna Summer, “We work hard for the money,” so why aren’t we more disciplined when it comes to what we do with the money?

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The ladies were also able to introduce complex financial terms in a manner that was easy to understand and unintimidating.  Concepts such as Financial Needs Analysis, 1031 Exchange Depreciation on Real Estate and Crowdfuding.  These were just some of the concepts that the panelists and speakers were able to discuss with the audience.

My take away from the workshop was that there is no time like the present to get started.  There are some safe and non-risky investment options out there for those (like me) who may be afraid of losing money in the stock market.  However, my truth is that I really do not understand the market, so I need to do some research and thing long term and smart about what I do with my money.  I have been working on my cultural relationship with money, and understand that there is more work for me to do in that area of my life.  I know that the saying ‘No Risk, No Reward’ is also true in the financial industry.  I left the workshop with some definite financial goals in mind, something that I cannot honestly say I was ready for Saturday morning.

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Brown Girls DO Invest is currently on tour.  I recommend if you are a Brown Girl and want to see your money work for you instead of only working for your money that you go to their Facebook page (link here) and see where they are going next.  Trust me, you will feel more inspired and ready to make some strategic changes to your financial portfolio.  And if you don’t currently have a portfolio, you will leave there with a plan to start working on yours immediately.

Until Next Time!

Be Blessed, Be Fabulous!

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New Black Girl Magic

I must admit, I have never really been a fan of tennis, but recently my bae sat down and explained the game to me and now that I understand how things work and now that I can follow the game I actually enjoy watching it.  Another thing that has me checking tournament schedules and sitting in front of the TV is all of the #BlackGirlMagic I see on the screen.  So now we don’t only have to watch Venus and Serena we have so many more talented tennis players to watch.

Venus and Serena are not the only two faces we see in tennis that look like us.  I love watching the Williams sisters play, their strength, power and control are bar none.  They show with each and every match they play that their star status was not given to them that it was earned.  And while they are aging out in tennis years, they have blazed a trail that is being followed by a new batch of strong, dedicated and winning African American girls and girls of color.  Not only are these talented young ladies following this trail they are paying homage to the two sisters from Compton, California that made more girls like me take a notice to the game of tennis.

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So if you are not a tennis fan, I encourage you to get to know the game or if nothing else watch these rising stars as they take their place among the tennis elite.

Sloane Stephens                                                                                                                           Sloane just won the Miami Open a few days ago and she is definitely one to watch.  A native of Plantation, Florida this young woman is a tennis star on the rise.  Sloane also won the US open last year (2017) and has at least 6 singles titles under her belt.  Her athleticism and power during her matches make her great to watch.  She is definitely going places and will be winning more titles in her career.

Sachia Vickery                                                                                                                           Another Florida native, Sachia Vickery is just as enjoyable to watch as the Williams sisters and Sloane Stephens.  Vickery admits that Serena Williams is one of her idols as well as tennis great Martina Hingis.  My first time watching Sachia was during the Indian Wells Tennis tournament and she was powerful as she took out the third seed to advance.  She did not win the tournament however she did give an amazing performance.

Naomi Osaka                                                                                                                                 Osaka, born in Japan won the Women’s Division of the Indian Wells tournament.  Osaka the daughter of a Haitian father and Japanese mother was a silent threat.  You can tell by her demeanor that she is shy, but she is not shy on the tennis court.  She was able to advance through each round, even taking out Sachia Vickery at the Indian Wells BNP Paribas tournament to win the title.  The 20 year old was able to walk away with the largest amount of prize money in her career.  There is so much more to be seen from this talented powerhouse.

Madison Keys                                                                                                                         Rounding out this list of #BlackGirlMagic tennis players to watch is Madison Keys.  Madison is from Illinois (yaaa for a homestate representative) and she is just as dynamic on the tennis court as Sloane, Sachia and Naomi.  Madison’s tennis idol is Roger Federer and he is definitely a great person to admire.  Madison is coached by former tennis great Lindsay Davenport and is ranked in the top 10 of players in the Women’s Tennis Association.  I haven’t yet seen her play but I am looking forward to it.

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The best thing about each of these young women is that there are at the beginning of their tennis careers and they have a long was to go.  I look forward to many more years of watching them play and watching them keep the mantel that Venus and Serena created.  The strength, power and professionalism of these young women make them great already with only greater things ahead of them.  Look out WTA, #BlackGirlMagic on the rise.

 

Be Blessed! Be Fabulous!

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