600

So, it looks like Trump got whatever concessions he was looking for. You'd get better terms and conditions on a title pawn loan but, he signed it, so we get $600. Yay?! Now, I know it's coming. "You Black people would be rich if you just invested that $600 instead of buying Jordans or weave."🥴 FYI….that statement is how you know you're dealing with a financial and economic illiterate. And probably a racist or c**n. Having said that, what are some of the best things you could do with $600? I'll offer a few.

1)Invest in top cryptocurrencies. Honestly,you're probably going to lose your money because you don't know what you're doing. Crypto is notoriously volatile. For example, bit coin is at a high right now, so you'd want to wait until it "course corrects" before investing. If you got in early with $600, then your profit margins would be through the roof right now despite all the previous volatility. You could try finding the next big thing, but it probably won't make you rich and it probably will take all your money. The best thing to do if you're a rookie is mirror a more experienced and successful investor. Still, expect to lose short term in hope of long term gains. Of course, it's only $600.

2) Buy 15-20 year term length life insurance. Depending on your age and health, you may be able to pay for a year up front and still have money left over for Jordans and Weave…..well…maybe Nikes and wigs. This is in line with my earlier advice about becoming a seed planter.

3) Buy a couple of gold eagles. Gold is always a safe bet and serves as insurance for wealth built on fiat currency. The same gold eagle that cost me $150 in 2018 would cost me about $240 today. As always, there are things to consider. The price of gold fluctuates. The healthier the economy overall, the lower the price to a point. When the economy is sh!t, people turn to physical gold as a store of wealth. Recently, the same is true with so-called decentralized cryptocurrencies like bitcoin. But gold is far more stable with a track record going back thousands of years. Crypto is barely a decade old and highly volatile. In any case, keep in mind something is only worth what others are willing to pay for it.

4) Buy cheap land. You are buying land, but you should always consider the location. Will you ever go there? Does it need to be developed or maintained? Property taxes. The list goes on. Buying an ant hill in 3rd world country might make you feel good or give you pride of ownership,which is good, but make sure you read the fine print.

Those are 4 things off the top of my head, but I hope it's becoming clear that $600 isn't enough to change your economic destiny in all but the rarest and extreme of circumstances. You could buy 300 powerball tickets, hit, then invest that in the next big crypto and be rubbing elbows with the Billionaires next month. That is a way forward, but do you see that it isn't a probable outcome nor is it realistic way forward, collectively speaking?