Sunday, March 12, 2006

Wealth Building in the Minority Community

Super show on Wealth Building (3/11). Our guest Dr. Jessie B. Brown, national best selling author on Investing in the Dream, (see website). Dr. Brown is a stock broker and financial planner and publishes a weekly newsletter, entitled "Pay Yourself First". He is also President of Crystal Investment Management in Chicago, Illinois. Our local guests were (young brothers) Gregory Townsend and Andre' (Gator) Henry. Mark has several properties in the area and Gator is the owner of a
salon business in Salisbury. These brothers are "rolling".

Some resulting thoughts --- wealth building differs from income generating in that wealth is transferable to generations. It starts with an attitude and continues to financial goal setting; on-going financial literacy training is important. Parents and schools must incorporated financial literacy in their curriculum. Place your money in things that increase in value, i.e. property. The Eastern Shore is furtile ground for purchasing property that will increase in value, because of its retirement genre. These are a few thoughts that came out of the program.

Dr. Brown has offered to provided anyone that contacts his office with a set of free information on "saving and investing". His contact number is
1-800-955-0418, or you may e-mail him at krystalinvest@yahoo.com.
For the folks in the Virgin Islands that reads this blog, this offer is also being extended to you.

Thank you Dr. Brown and Mr. Townsend and Henry. Posted by Picasa

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