MyBallsAndMyWord

2y

Like why doesn’t Jay at least tell people to get in a S&P index fund or some s*** thats like 101 and proven to be a much safer and reliable investment than f***ing art

Shy

2y

No source. Just words this nigga posted

Silas

2y

"I bought some artwork for one million
Two years later, that s*** worth two million
Few years later, that s*** worth eight million"
I can't wait to give this s*** to my children
Y'all think it's bougie, I'm like, it's fine
But I'm tryin' to give you a million dollars worth of game for $9.99
I turned that 2 to a 4, 4 to an 8"

Some of yall realize that you don't need to be a multi millionaire to invest in art right?

You can also apply this to other things that have value. Then you flip it for profit.

DonutHole

2y

u actually do have to be quite wealthy to invest in the art market lmao

Silas

2y

"I bought some artwork for one million
Two years later, that s*** worth two million
Few years later, that s*** worth eight million"
I can't wait to give this s*** to my children
Y'all think it's bougie, I'm like, it's fine
But I'm tryin' to give you a million dollars worth of game for $9.99
I turned that 2 to a 4, 4 to an 8"

Some of yall realize that you don't need to be a multi millionaire to invest in art right?

You can also apply this to other things that have value. Then you flip it for profit.

Nute

2y

Why’s there like 10 Jay Z threads today

MyBallsAndMyWord

2y

Wow buying something and then selling it for more money never thought of that, Jay is a genius!

Silas

2y

It's relative bro

If you are a millionaire or close to it, you can invest in art.

There's are alot of black people in our community who have reached that level who don't do that, mainly because they aren't aware.

That's why it's important for someone like Jay-z to actually speak about the ways hes making money and pass the knowledge on.

The main point is to find something of value and let it grow.

It sounds like basic advice but theres bunch of regular people have cash sitting around who dont do this. It doesnt even need to be art.

math fifty

2y

Chef.

Doctor.

Lawyer.

Silas

2y

MyBallsAndMyWord is here to save everyone from Jay-z's horrible advice

what a hero

Silas

2y

His advice would definitely have value even if your not in music.

Alot of his wealth comes from different things outside of music (real estate, alcohol, art, etc.).

If you are an entrepreneur, you could definitely benefit from his advice depending on your situation.

At the end of the day, hes a successful businessman who has learned different things from other successful businessmen.

When a black man reaches this level of success, the best thing he can do is pass knowledge. It's then up to the person that receives it to take action.

DonutHole

2y

· edited

no not everyone with money can invest in art because the art market is very exclusive and elitist

example: daniel radcliff (yes the actor from harry potter) got rejected to buy a painting from a gallery because the art dealer wanted to sell to a more prestigious buyer

so u can be a whole iconic famous white actor with the money in hand and they can reject u if u don't fit their agenda

the art market is just rich people laundering money, doing fake appraisals for tax cuts or to inflate the value of their own collections and a bunch of other shady s*** just to remain rich

that's all there is to it (let's not get into how it kills the artform because only a select few get "chosen" by the collectors to succeed)

DonutHole

2y

how about u apply jay z's advice and let us know how that worked out for you
u have till the end of this year to show us u had a fruitful return since all it takes is some money to flip whatever for profit

Jody

2y

Idk I think a convo with his agent or manager would be more valuable

Silas

2y

bro im already doing this lol

im literally flipping stocks and putting my money in other s*** and already seeing returns.

why you think im in here dispelling some of these myths.

It's not easy but people really think this s*** is impossible or exclusive to rich ppl

it just takes time, consistency, and learning about an industry.

DonutHole

2y

no not everyone with money can invest in art because the art market is very exclusive and elitist

example: daniel radcliff (yes the actor from harry potter) got rejected to buy a painting from a gallery because the art dealer wanted to sell to a more prestigious buyer

so u can be a whole iconic famous white actor with the money in hand and they can reject u if u don't fit their agenda

the art market is just rich people laundering money, doing fake appraisals for tax cuts or to inflate the value of their own collections and a bunch of other shady s*** just to remain rich

that's all there is to it (let's not get into how it kills the artform because only a select few get "chosen" by the collectors to succeed)

DonutHole

2y

u literally think telling people to invest time and money into being a fancy gambler is good advice

Silas

2y

calling that being a fancy gambler is an insult to me and many others that put the work in to learning this s***.

Gamblers are not consistent and aren't profitable smh

but this kind of thinking is why alot of ppl are not successful into anything they do and why usually the 1% are successful.

internet buddy

2y

Spooky timing