Jerry Ascencio and I hosted a webinar last week on stock-based investments. It was a well-attended session with great content. Our objective is not to sell people on the stock market, but to help close the knowledge gap about investing in general, and the stock market is an important part of that. Generating income is important, but building wealth is even more important. Wealth is freedom because it gives us the wherewithal to live the life we were destined to live. I’ve said it many times, Latinos have a workers mentality, but have not yet acquired an investor’s mentality. The whole concept behind NAHREP’s Hispanic Wealth Project is to build wealth in our community by acquiring new disciplines. The NAHREP network of real estate professionals are not only in the business of facilitating real estate transactions, they are influencers and trusted advisors in their local communities. If the influencers acquire those new disciplines, the cascading effect can be exponential. In 2021, NAHREP will be organizing investor mastermind groups for our members interested in becoming more sophisticated with real estate and stock-based investing. We have always known that knowledge is power, but I would add, knowledge is wealth.
I believe deeply in taking the high road; it is rarely good to lose your cool, especially in business. It’s part of what we call emotional intelligence…However, it’s not always best to walk away from a fight. There are some things worth fighting for, and for the right reasons…Historically, NAHREP has been friendly with consumer groups. We have not always agreed on everything, but I respect them and have worked hard to have a good relationship with them. But…
I believe deeply in taking the high road; it is rarely good to lose your cool, especially in business. It’s part of what we call emotional intelligence…However, it’s not always best to walk away from a fight. There are some things worth fighting for, and for the right reasons…Historically, NAHREP has been friendly with consumer groups. We have not always agreed on everything, but I respect them and have worked hard to have a good relationship with them. But…
I am a big believer in being authentic and original…Last year, I started playing with an idea about how entrepreneurship can close the minority wealth gap in America. I floated an audacious idea that the wealth gap poses an existential threat to America’s leadership in the world economy. That was an attention-getter! To develop my thesis on how to close the wealth gap, I thought about my observations in the housing industry. I realized that…