Black people love spending all their money on vanity and goods that lose value.
Investing involves Math, which is white, and therefore racist.
Shoes, clothes, wheels, cars, all well beyond disposable income level.
If one is truthful, blacks are mostly incapable of self care.
See Africa.
How else dey gwine know you's quality?
You forgot Tatoos and Gold Jewelry
Those increase your net worth, fo sho!
It’s well-known among marketing pros that blacks are the race least likely to buy a generic brand, preferring name brands regardless of cost. This is true for every sort of consumer product, from high-end clothes and jewelry to champagne and laundry detergent.
I manage a self storage. A couple years ago I was helping a tenant move his stuff out of a small unit (the elevator was not working and I felt obligated to help him). Almost EVERYTHING in that unit was Nike shoes, and EXPENSIVE ones, still in the boxes. He was also always well dressed in the latest whatever Reebok style track outfits, with LOTS of gold chains. Whatever. I’m a woman and I have maybe 4 pairs of shoes. I could care less about that crap. Much to my husbands delight. Now... if I see a really cool guitar, that’s different. ;)