The Dr Boyce Breakdown

Today I tells the story of Coca-Cola, a $226 billion company that was purchased for $2300.  This tale about Coke is a reminder to black business owners to never let go of their assets because you never know what the company is going to be worth a couple of generations later.  

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In the latest #Verzuz battle, #Jeezy and #Gucci got together to compare their popular hit songs.   That's all cool, and they are both talented, but I wanted to talk about "The Trap" and why trap music is so relatable to so many of our people.   Also, the fact that Stacey Abrams popped in speaks volumes about the extent to which politicians enjoy keeping black men in the trap.  So, I ask this question as well:  We know that Stacey Abrams is happy to speak with Gucci Mane and Jeezy, but would she want to also talk to Ice Cube?  If not, then why not?   Are black men only acceptable to the Democratic Party when we go along with their agenda?

In today's Black Wealth Confession, I hear from a 27-year old who is drowning in debt and says that all he can brag about is the fact that he has a master's degree.  This speaks to some of the economic principles addressed in the popular book, "Powernomics," where we were told to trade in our land and property in exchange for college degrees.    

This is a losing financial strategy.  

So, after I forgive this student for their sins, I'd like to break down why black wealth has gone backward, even as college attendance has gone up.   #StudentLoan debt is a huge problem for millions of black college students.  #BlackWealth has taken a hit from the college educational process, and there are millions of millenials looking for solutions on how to live a debt free life.   

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Most people think you need to go to college in order to make the money of a surgeon.  That's not true.  You can make money through investing.  That's the best path.  I talk about that here. 

Barack Obama made some strange statements about black men during an interview in The Atlantic.  I break down Obama's statements and explain why he himself is the reason so many black men voted for Donald Trump. 

Today I talk about Tesla Stock and their intro into the S&P 500.  Tesla is an extraordinary company and Elon Musk is an amazing CEO.  But there are numerous risks inherent in Tesla's introduction to the S&P 500, which may have explained the hesitance in the first place.  With Tesla being added to the S&P, we are entering into an interesting era of investing, as this behemoth of a company  will test the integrity of this very important stock market indicator. 

Lewis Hamilton is the greatest formula one driver in history.  He also made a strong statement about fighting against racism and replacing it with inclusion and diversity.  I go further on Hamilton's remarks and talk about the fact that before we were asking whites to include us in their racing leagues, we had racing leagues of our own. 

I was thinking today about how much I love Amazon stock.  The company appears to have a strong management team that always knows how to pivot and make good economic decisions in a multitude of circumstances. 

I am a fan of both Amazon and it's CEO Jeff Bezos, as I expect the company to continue to do well for many years to come. 

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I want to set the record straight on brainwashed behavior coming from trolls who don't want to see progress in the black community. 

Stock markets around the world rejoiced overnight after Pfizer and German Companh BioNTech announced overwhelmingly positive results in vaccine development.  For months, we have been waiting for a vaccine, which was the key to unlocking massive price movements in many cyclical stocks.  Now that the vaccine is here, the world can move on with its life and there is a good chance the global economy will reopen.  Be sure to subscribe to TheBlackFinancialChannel.com