Archive for the ‘Money’ Category

21
Jun

She’s A Boss x Billionaire

0611 oprah winfrey 485x340 Shes A Boss x Billionaire

Only 14 of the world’s 1,000 billionaires are self-made women, and only seven of them had no help from relatives, a new Forbes list has found. By contrast, 665 men are self-made billionaires including the three richest people in the world, Carlos Slim Helú , Bill Gates and Warren Buffett.

Why? I think it has a bit to do with the time commitment needed to run a billion-dollar enterprise. Women inherently possess mother-like/caregiver qualities that in turn endow them with the burden of looking after the children, the husband, and the home. Look at Oprah…she has no husband or kids…and she continues to expand her empire.

The richest of them is China’s real estate mogul Wu Yajun, worth $3.9 billion and ranked 232nd overall in the world.

view the list

07
May

What Happened to the DOW Yesterday?

Something crazy happened yesterday. The DOW Jones Industrial dropped nearly 1,000 points (largest single day drop EVER) and bounced back to close down only 347 points. So for those of you who are not as financially inclined, this means that one company’s stock (i.e. Proctor & Gamble) could’ve dropped from $63 per share –> $47 per share…then could bounce back to $61 per share before the closing bell.

Sooo…if you bought 10,000 shares of P&G at $47, you made $140,000 in a matter of minutes. Ridiculous. And this happened across the board on Thursday. Probably the craziest 30min of some peoples’ lives. But wtf really happened? Here are some theories…

16
Apr

I’m Talking About Wealth

forbes Im Talking About Wealth

I was listening to a broadcast on Fox News Radio the other day and the caller addressed the fact that black people should stop playing the race card in regards to jobs and wealth. Well, the host (Sean Hannity) agreed and joked about how long minority populations will continue to [bitch and moan] before they accept the fact that they are responsible for their upward mobility.  I both agree and disagree. I’ll keep this short.

I agree because anyone can be rich:

1) we are in America and everything is possible; you can move up if you bust your butt relentlessly

2) you shouldn’t blame anyone for your position in life unless they directly affect it

3) reparations aren’t coming…pull up your britches and get on the grind

why i disagree with Hannity

14
Feb

Millions off of Domain Names

buying domain names 270x300 Millions off of Domain Names

Since the internet began, businesses have hustled and bustled to grab domain names associated with their brand/product. If you happen to own a domain name that a business desperately needs, you could cash in BIG TIME. For instance:

–  sex.com sold for $12 million
–  fund.com sold for $10 million
–  diamond.com sold for $7.5 million
–  business.com sold for $7.5 million
–  casino.com sold for $5.5 million
–  asSeenonTV.com sold for $5 million

Now imagine if you had the foresight to buy one of those names for a measly $19.99 a year..max. Just imagine…

So go ahead and purchase a domain name now at GoDaddy or whatever service you want to use. It could change your life.

The website www.800pajamas.com was recently auctioned off and I think the STARTING BID was $3,000,000!!!!!!!

wtf.

09
Feb

Highest Paying Jobs 2010

Well before you see the list I think you all should know that if you really wanna hit it big you have a few options other than the ones listed here.

bigthree 150x150 Highest Paying Jobs 2010

1. CEO of a Fortune 500 company

Take a huge chunk off the top for your salary/bonus, buy a couple jets, and run the company into the “red” then bail (or get bailed out).

allen stanford 150x150 Highest Paying Jobs 2010

2. Ponzi scheme

For those of you who are skilled in persuasion, rhetoric, and who know how to work the numbers..this is for you. Start a fund/firm/bank. Offer a ridiculous ROI (return on investment). Open a Swiss account immediately because time is ticking. Take the money and run to Zimbabwe. Noone will find you there.

p.s. – bring a gun

degrassi jimmy 150x150 Highest Paying Jobs 2010

3. Rapper slash Singer (w/ autotune)

Nowadays you dont need to worry about knowing how to sing. Just make sure you swag is on a trillion at all time, and have your autotune set and ready to go. Soon enough you’ll have “money to blooowww”

p.s. – you’ll need lots of street cred..so maybe you should bring a gun too

Now for those of you who want to go the gentleman/lady route. Here are the top ten:

top 10 highest paying jobs 2010