The mission of Black Folks Invest™ is to educate persons of color on investing and protecting their investments while advocating for wealth creation in black-owned businesses.

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Estate Planning

WHAT IS PROBATE?

The legal definition of probate is “a court-supervised process for identifying and gathering the assets of a deceased person (decedent), paying the decedent's debts, and…
Rachel Alverez
November 4, 2020

Developing Your Investment Plan

Questions you should ask yourself when developing your investment plan include:

  1. What goals do I want to achieve with my investments?
  2. How much do I need to invest to achieve my goals?
  3. How much can I afford to invest?
  4. What is my risk tolerance?
  5. What am I doing to protect myself from investment fraud?
  6. Have I checked my investment professional’s background on Investor.gov?

Diversification of Investments

Diversification can be neatly summed up as, “Don’t put all your eggs in one basket.” The idea is that if one investment loses money, the other investments will make up for those losses. Diversification can’t guarantee that your investments won’t suffer if the market drops. But it can improve the chances that you won’t lose money, or that if you do, it won’t be as much as if you weren’t diversified.

Estate Planning

WHAT IS PROBATE?

The legal definition of probate is “a court-supervised process for identifying and gathering the assets of a deceased person (decedent), paying the decedent's debts, and…
Rachel Alverez
November 4, 2020

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