As an investment advisor with the Equity Movement Entreprises, I have often seen people pay close attention to everything that is happening to the markets, be it in the stocks market, the real estate market, and so on. Well, I cannot blame them, after all, we’ve been taught that a “savvy investor” does not take anything for granted or let anything pass him by! With all the fuss in the markets, it is easy to […]
Felicia Moon-Thomas believes that more Black people need to join the conversation about stocks, investment accounts, and real estate. In 2016, after a few of her friends responded to her Facebook post about investing, she gathered their names, met with a few financial experts for guidance, and hosted a formation meeting in her home. A year later, her idea became a reality, and the investment club, Vision Investing Partners, LLC. (VIP) was born. Today, nearly […]
An Investment club basically is a self-managed group of people who have taken the initiative to pool their resources in order to invest together. They are mostly organized as partnerships and after studying carefully different kinds of investments, the group then decides to make the investment usually in the form of buying or selling based on popular opinion. From time to time investment club members hold a meeting that may be educational and each of […]
Buy the block is a crowdfunding intermediary platform connecting real estate developers seeking to crowdfund any type of property. The buy the block back movement is one of the only black-owned platforms in the country dedicated to making investments in real estate, as a group, more accessible. With the focus on the black communities around the nation, Buy the Block is currently on track to raise millions of dollars in funding for development projects in […]
The Grassroots Investment Group LLC (GRIG): A Case Study GRIG is a typical example of a successful African American investment club. Founded in 1997, as a general partnership, it evolved into Limited Liability Corporation by the end of 2002. This enabled it to pay dividends to members every quarter. According to its founder, Philippe Tatem, GRIG was born when a group of black venture capitalists came together to pull their resources. It is interesting to […]
