Comments for Black Opulence

Comment on Willie Lynch Still Alive and Kicking… by Damon Henderson

Damon Henderson — Wed, 04 Nov 2009 16:51:18 +0000

You are making a very valid point about us not wanting to read. I also agree that most of our issues are results of brain washing and treatment from slavery. Also the sad thing about it is that they have taken Black History out of the school systems. If you dont know where you come from or the wrong doings bestowed upon your people in the past. It will be hard to determine your future. If we could only get more African Americans to teach their kids Black History and to educated them on what happened before they would think and act differently. Also Willie lynch was a slave owner from the West Indies who was brought to slave trade capitol Virginia….

Comment on The Numbers Don’t Lie…Tax Deferral Is Not As Good As It Sounds by Black Opulence

Black Opulence — Fri, 04 Sep 2009 20:26:09 +0000

Whether you have an employer match or not the premise will remain the same. The future taxation of the account will not change. Also most employer plans only match up to 6% of the employees contribution, not to mention that many employers have stopped their matching programs all together. (An employer match is not guaranteed and can be stopped or changed at any time). Also you point out that 65 year old gets by on social security checks simply makes my point that they are essentially living in poverty. The average social security check is around $1100-$1200 a month…you can’t tell me that that is the standard of living most Americans work their entire lives to obtain. Unless a person was making 40K prior to retirement I don’t envision the majority of retirees wanting to take a pay cut in retirement and wish to maintain the same standard of living they had prior to retirement.

Also don’t forget that my illustration was a “hypothetical” situation of a person MAXING out their 401k over their entire life time. Research shows that most people don’t come close to saving anything close to that amount. Thanks for the comment.

Comment on The Numbers Don’t Lie…Tax Deferral Is Not As Good As It Sounds by ac

ac — Fri, 04 Sep 2009 17:50:43 +0000

you are not considering that the contributing employer of the 401k employee is making up to 50% of the 16K initially. where can you illustrate the totals without that and see a better place to put your money. also 65 year olds get by on soc sec checks and maybe 40K total not 142K.

Comment on Risk Free Investing…Is It Possible? by Risk Free Investing…Is It Possible? | time saving in business

Risk Free Investing…Is It Possible? | time saving in business — Sat, 01 Aug 2009 17:06:10 +0000

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Comment on What We Can Learn From Michael Jackson’s Death by Robin Schroff

Robin Schroff — Sun, 28 Jun 2009 20:00:01 +0000

Thank You for again educating,each one of us about getting our affairs in order. I know that is why as a PRE-PAID LEGAL Educator,I pray that people would see and learn
just how powerful it is to have your LAW FIRM available for all of your life needs.
I have been an Associate with Pre-Paid Legal for Eight years and people are understanding just how important it is to have their affairs in order. That is in every area of life,not just wills but even questions about foreclosures, banking,refinancing,and everything in between.

Again Thank You
Robin Schroff

Comment on Welcome by Angela B

Angela B — Wed, 24 Jun 2009 04:24:38 +0000

Hmmm you have a lot on your mind. Thanks for sharing and all this
“reading” is just what I needed to prompt drowsiness in this 12 AM hr.
Smile and blog on my brotha.