Friends Investing Real Money (FIRM)

The idea is we can do more faster together, this definitely applies to investing money now to create future passive income. Every one contributes as much as the can, and we all benefit from the collective. If your first thought is why do i need to do this, or i can do this by my self, the you need not go any further. However if you believe that by sharing your blessings… you will get it back 10 fold take a listen or continue reading though the page.

Take a listen:

The Motivation:

Many of us will be turning 40 in 2026 or are already in our 40’s. This means we are about half way through life and retirement is quickly coming upon us, especially if your goal is not to work into your 70’s. That said, i know life has happened to all of us, and not all of us are in the same financial place. Some of us my have a 401K some of use my not, some of us my be investing some of us may not. What i am suggesting allows the person with not a lot to invest and those with the means to invest, to invest together and for all parties involved to benefits over time.

The Idea:

Joint Investment Account:

I have everything in place to execute this, the accounts, the LLC’s and the knowledge. Just need the money to make it a reality, The concept is simple pool as much money together as fast as we can at the start of our 40’s so we can reap the benefits in our late 40’s early 50’s.

*Remember this is about future stability, may not solve your money problems today, but it could solve them in the future.

~What could we achieve by 45? what could we achieve by 50~

The Math:

This is just an example of what COULD be done:

To earn $500 to $1,000 in monthly dividends per person after 5 years with an 8% return (this would be money you could take out of the account and spend once the account matures ), each of the 10 people would need to invest approximately $1,021 to $2,041 per month starting today. Alternatively, they could each invest a single lump sum of $51,044 to $102,087 at the beginning of the 5-year period to reach the same goal.

** So consider this if you have 50K to invest today you could keep that in our account and go at it alone or move it to the group and allow those who may only have 100 a month (1200 in a year) to invest along with you as 51,200 compounded over time is more then 50K compounded individually and would be even more in 7 years.

$50,000 compounded over 5 years @ 8% will grow to $73,466.40 by the start of year 6.

$1,200 compounded over 5 years @ 8%, will grow to $1,763.19 by the start of year 6.

$51,200 compounded over 5 years @ 8% would grow to $75,229.60 by the start of year 6.

I am always down for more money even if its not 2K!!


Real Life:

In real life i am managing a friends account and if have been doing so for 7 years. There total investment to date is 50K, the account is worth 80K that 30K of passively earned money.

Now imaging if that was 10 people = 300K

Steps to make this a reality:

  1. Determine is this something you WANT to do

  2. Determine the amount you want to contribute

  3. Send that amount monthly with a 2.50 fee - for the account manger (what 2.50 amongst friends right? :) )

  4. Let the money do its thing

In Closing:

This is not the get rich quick solve all your money problems asap. This is a opportunity for black men/women to come together and create something that can support them in the future, or provide them the the financial power to make a big purchase or even bigger investment in the future.

“Don’t lets today’s problems keep you from preparing for tomorrows world”