Black Financial Pioneer
Who was the first female Black American to become a millionaire?
Madam C.J Walker
Define Stocks?
A type of security that represents ownership in a company, giving shareholders a claim to a portion of its profits and assets.
Name one black owned bank?
OneUnited Bank, Carver Federal Saving Bank
What is the definition of saving?
Setting aside money or resources for the future use, typically in a safe and low risk manner, such as a bank account.
What is a brand?
The name a company gives a product it makes or a service it provides.
Who was the first male Black American to become a millionaire?
*Hint: Founder of BET*
Robert L. Johnson
What is the definition of stock holder?
An individual or entity that owns shares (stocks) in a company, making them a partial owner of the company.
What is Greenwood District also called?
Black Wall Street
What’s the definition of investing?
Using money and resources for future to purchase assets (such as stocks, real estate, or businesses) with the expectation of generating a profit or return over time.
What is a Product?
An item sold by a company.
Who was the first black woman to own a bank?
Maggie Lena Walker
What is the definition of a company?
A legal entity that engages in business activities, producing goods, or services to generate profit.
What bank established help newly freed African Americans?
Freedman‘s Bank
What are short term goals?
A goal that can be achieved in a relatively short period (usually less than a year to achieve your goal)
What is a company?
A business formed to manufacture or supply products.
Who was the first Black American to build a billion-dollar company?
Reginald F. Lewis
What is the definition of risk?
The poss of loss, harm, or uncertainty in any situation, particularly in financial, personal, professional decisions.
Which black leader was featured on a U.s postage stamp?
Booker T Washington
What are long term goals?
A goal that takes a longer time to accomplish (requires sustained effort and planning)
What is a Public Company?
A company whose shares can be purchase.
Who was the riches black person in the world?
Mansa Musa
What are the best stocks to invest in?
Tech companie: Apple, Amazon, and Meta Platforms
Financial sector: Chase, BOA, Wells Fargo, citigroup, Goldman Sachs’.
Who was the first black person to serve as U.S Secretary of the Treasury?
Adewale “Wally” Adeyemo
What is a retirement plan?
Is a financial arrangement designed to provide individuals with income or financial support after they retire from their careers or stop working.
What is a Private Company?
A company that is privately owned by a group of people. Shares in the company cannot be purchase.