Reviews for Racial Integration in Corporate America, 19400

The average rating for Racial Integration in Corporate America, 19400 based on 2 reviews is 3.5 stars.

Review # 1 was written on 2017-07-13 00:00:00 Erik Arthur Outdated information. This doesn't stand the test of time that well; full of a lot of outdated information that isn't as practical as it would have been 10-20 years ago. Although it's directed to African Americans, I thought it was pretty generic. With the exception of a chapter or two, it didn't give any information that was that much out of the norm in financial success books I've read and perused before (I think it was a marketing ploy); albeit, identifying with the author does help digesting and trusting the information a little more. Highlights: "Starting your financial plan is a dream, whereas procrastination is a nightmare. Don't try to do everything at once." (p.11). Today's simplest savings vehicle is Direct Deposit (p.16). In 1916 Arthur Morris pioneered the installment loan. "When we look around at what's available for consumers to purchase, it's hard to imagine functioning in today's economy without credit." (p.24). Desire for status overrules your common sense. "Many companies advertise that their prestigious gold or platinum credit cards are for people who desire and deserve the best. By nature, a lot of people like to flaunt these 'status symbols'." (p.26). "Always remember that paying $100 on 19% is a greater savings than the same amount deposited in your investment." (p.27). "What was previously assumed to be a "given" as part of the American Dream is now seriously in doubt or already extinct." (p.42). The very foundation is being threatened because the average paycheck can no longer keep pace with inflation and fend off financial and economic changes (p.43). There are no guarantees Social Security will be available in the future (p.44.). Medical science is keeping people alive longer. "It wasn't too many years ago that we envisioned seventy-five year old people sitting in chairs, rocking away from their final years...Extended longevity has changed our view on planning for our future....More years on the planet means the necessity for more money." (p.64). "The greatest single obstacle to financial success in the United States today is lack of patience." (p.65). Rent--never buy something you'll only use a few times (p.78). Skip the paper towels--wash your cloth ones instead (p.79). *Bull market- A term that signifies the cycle of increase or decrease in the stock market as a whole; stocks are rising. "Since 1926, the chance of losing money in the stock market over a year's time have only been 30%, according to an article in the Wall Street Journal" (p.100). "Before I ride with a drunk, I'll drive myself" - Stevie Wonder (p.103). "When considering enough insurance protection, a good rule of thumb is five to ten times your annual salary, taking into account your cash assets, dependents, and lifestyle." (p.127). In an ideal world, parents should put aside $225-$488 per month from the time the child is born to have enough to manage all expenses (p.132).

Review # 2 was written on 2014-12-06 00:00:00 Stephen Proffitt Looks at modern history of black atlantic culture, looking at issues as diverse as music (Marley and Hendrix) and Black automotive cutlure. Some interesting points, but overall a postmodern confused complex text.