Quote:
Originally posted by DSTCHAOS
So, you are right that there IS a difference. However, talking about black spending as an explanation for the findings of certain studies is a cop-out.
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I also would add that only until recently have a larger number of African Americans began to understand the accumulation of wealth and managing it rather than purchasing consumables...
However you do get some ol skool pimped out mack daddies and mammas that gotta look good in da clothes... Even "Snowflake" hasta look gwood...
Whereas, not too many of those folks be thinkin' 'bout opening up a savings account at BofA...
I mean, BofA doesn't launder low amounts of ca$h--in the 6 figure range... Oh HAYLE YEAH, they will do it if it is in the 8 figure range--the high 8 figures... But they call those "global high cap growth dividend funds" with your own seat at the NYSE...