Signed in as:
filler@godaddy.com
The purpose of the asset challenge is to bridge the financial gap between the haves and the have nots. We are here to encourage wealth building through different investments vehicles and be your accountability partner.
Minority communities are often affected the most during any type of economic change because our communities often lack financial literacy and resources.
Research revealed when tested on basic financial literacy Asian and White Americans answered 3.2 out of 6 correctly while hispanic Americans answered 2.6 correctly and black Americans answered 2.3 correctly. Both being below national average.
The goal for The Asset Challenge is to encourage investment. Most black or brown people think saving money is the way but Its a proven fact that black and brown people are affected the most during any economic shift or recession..
1/6
Because everyone’s living situations are different and unique to them, we do not encourage you to invest more than you can tolerate. Having a savings is highly encouraged but you decide what works for you. For example if the goal is $10,000 in savings you wont start buying assets until you have that $10,000, you know your budget!
Once you’ve met your savings goal, its now time to find your assets. Assets can be anything that can potentially make you money such as gold, real estate, stocks & bonds. Some people will only acquire one asset a year some will acquire many. Remember it’s a marathon not a sprint, only you know your risk tolerance and your budget!
Now that you’ve decided what assets you would like to add on, its time to invest. Always do your own due diligence and research before investing your hard earned money. Before you invest in anything you should know ; why you’re investing? What is your exit strategy? And when is the best time to enter? Protect yourself and your investments by analyzing the assets before purchasing
It’s only right if you did it once to do it twice, right! Do this cycle as many times as you like . We’re no longer the under dog. It’s time we get our slice of the pie! Remember it’s a marathon even if you don’t buy any assets but you have a savings, atleast you’re in a better position than you were!
Asset Challenge
Copyright © 2024 Asset Challenge - All Rights Reserved.
Powered by GoDaddy
We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.