Road To Proper Financial Planning: How To Maximize Your Investments

As any experienced investor knows, financial planning is vital to growing your wealth. While using a traditional investment strategy of buying low and selling high is the ideal method for increasing your assets, there are times when the market has either reached its peak or slumped to an all-time low. This can cause short-term investors to panic and make poor decisions. In these types of market conditions,  it is important to know how to properly invest your money so that you can maximize your returns. Here are some tips you should consider before investing.

Use options

Options have been a popular investment vehicle for years, but many people fail to understand how they work and why using them could benefit an investor looking to maximize their earnings. An option is essentially giving someone the right, but not the obligation, to buy or sell an asset at a predetermined price during a certain timeframe. They are used as another method of investing your money, but using options to hedge is also an efficient way to mitigate risk during volatile markets or when you think an asset may drop in value. This can be beneficial to you if your asset value decreases.

Invest in yourself

One of the best investments you can make is using your time and money to improve your education if you are looking for a long-term strategy. Whether it’s using online courses, attending seminars, or using books and magazines, taking the time to research and build on your knowledge will benefit you either immediately or down the road when you are looking for a better job or career. The stock market is full of uncertainty, but your education can help you take control of your future.


Diversify your portfolio using ETFs

An Exchange Traded Fund is another method investors use to take the risk out of investing in stocks, commodities, or other assets which can rise and fall in value over time. An ETF is created when a group of individuals pool their money and invest it into specific things that the ETF is based on. This means that each investor then has a certain percentage of ownership in all those assets which can be traded as separate units.

Consider investing early on

Time is one of the biggest factors when it comes to building wealth, so taking advantage of the power of compound interest is essential to growing your wealth. This means that if you are willing to invest early on in your life, you will benefit greatly down the line when your money has had more time to grow. Even an extra 10 years can make a big difference, so it’s important not to focus too much on short-term goals. The main point here is to simply continue investing, even when it seems like the market has hit a down-swing.

Use saving accounts to build your credit history

If you are looking to invest in something like real estate or even purchasing a vehicle, you will need to prove that you have the means of repaying any money owed. One of the best ways to do this is by opening up at least one savings account and using it regularly so that your credit score increases while you pay off any existing debt. This will show potential creditors that you have a track record of keeping up with your finances and will allow you to get favorable interest rates on loans or mortgages in the future.

Create a financial plan

Once you’ve learned about investments from books, seminars, or from other people who have successfully invested their money, it’s important to create your financial plan so you can map out what you need to do to reach your goals. This should include everything from taking a closer look at where your money is going, how much you are spending and saving each month as well as setting up a retirement fund for the future.

Avoid cash advances and borrowing money

Getting a cash advance from a credit card is often one of the easiest ways to borrow money but this should only be done as a last resort. It’s best to use your savings for emergencies and avoid borrowing money as it only ends up costing you more in the end when interests rates are applied. If you already have a credit card and need to use it for an emergency, try to find a balance transfer offer and consider taking out a personal loan if possible. Also, borrowing money to access your savings or assets should only be done as a last resort when all other options have been exhausted.

Learning how to invest your money properly will require you to learn about the various methods that can be used when it comes to investing, but there are also some common mistakes which many people make. Following the tips above will not guarantee that you become a millionaire overnight, but it will put you on track to take control of your finances and build up the wealth that you have always wanted.


Nipsey Hussle’s Net Worth Was Bigger Than You’d Think

If you watch the news, you probably have heard the name Nipsey Hussle mentioned numerous times over the past few weeks. Nispey was murdered on March 31, 2019. Now, more people than ever are speaking his name and listening to his music. But what was Nipsey Hussle’s net worth at his time of death?
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Kodak Black’s Net Worth

Kodak Black

Hip-hop and rap have consistently grown in popularity in recent years. Because of this, rappers are some of the most wealthy people in the world. However, that isn’t the case with every performer. While many of them are worth millions, others only have a few hundred thousand dollars to their name. So, what is Kodak Black’s net worth?

About Kodak Black

If you haven’t heard of him before, Kodak Black is an American rapper. He is one of the younger performers in the game. Kodak Black was born Dieuson Octave on June 11, 1997, in Pompano Beach, Fla. Both of his parents were immigrants from Haiti and Octave spent most of his life being raised in low-income housing in Pompano Beach.

Kodak Black started rapping at a young age. In elementary school, he began going to a local trap house to record music after school. When he wasn’t recording, he enjoyed reading dictionaries and thesauruses to expand his vocabulary.

His youth was troubled, however. Kodak frequently participated in breaking and entering with his friends. He was also known to get into fights. In the fifth grade, he was expelled for fighting. By the time he was in middle school, he was arrested for stealing a car. Kodak always said he was only given two options in life: sell drugs or rap.

Kodak began using the nickname “Black” or “Lil Black” at the age of six. When he joined Instagram later in life, he chose the username “Kodak Black.” Eventually, this became his stage name.

Kodak’s Career

In 2009, Kodak Black joined a group called Brutal Youngnz. At the time, he used the stage name J-Black. He then moved on to join another local rap group called The Kolyons.

After being a member of these groups, Kodak began working on his own music and image. In December 2013, he released his first mixtape called Project Baby. One year later he released Heart of the Projects. And, staying consistent with his annual releases, put out the third mixtape in December 2015 called Institution.

In October 2015, Drake posted a video of himself dancing to one of Kodak’s songs. This helped the young rapper gain some popularity. Moving into 2016, Kodak was featured on one of French Montana’s songs called Lockjaw. It hit number 23 on the Hot R&B/Hip-Hop Songs chart.

That year had a number of other great career moves for Kodak as well. His single Skrt reached number 10 on Billboard’s “Bubbling Under R&B/Hip-Hop Singles” chart and his fourth mixtape (Lil B.I.G. Pac – released in June 2016) reached number 49 on the Top R&B/Hip-Hop Albums chart. Since then, the rapper has released a number of singles and one new mixtape (released in 2018). He has continued to climb the charts, but that success hasn’t done much for the way he lives his life.

Kodak has also earned money from association with cable TV service. In 2016 he performed and wrote for TV series Atlanta and in 2017/18 he produced music for The Tonight Show Starring Jimmy Fallon.


2017 had a rough start for Kodak Black. In January, he broadcast and Instagram Live video of himself and several other men while a single woman performed oral sex on each of them. During the broadcast, his Instagram account hit an all-time high. After being called out about sexual assault and the video, Kodak posted to Twitter saying, “If I could change I swear I would .. I tried everything but I’m just so hood.”

Later that year he wrote on Instagram about his preferences with women. According to Kodak, he prefers light-skinned women over those with darker skin. Quite a few people on the internet called for Kodak to delete his social media accounts. On top of these controversies, it seems Kodak has had a hard time staying out of trouble as well.

Trouble With The Law

As a minor, Kodak Black was placed into a youth detention center three times in a single year. Eventually, he was placed on probation. Since then, he has been in-and-out of jail and seems to consistently stay in trouble with the police. Overall, he has had at least 11 court cases with rather serious charges, including sexual assault, possession of marijuana, battery, false imprisonment of a child, armed robbery, and assault.

In January 2018, Kodak was arrested again after his home in Florida was raided. A few good things came out of his incarceration though. While in jail, Kodak was able to earn his GED. He also found religion while he was locked up. During his time in jail, he began to identify as a Hebrew Israelite. In May 2018, he officially changed his name to Bill Kahan Kapri (Kahan means priest in Hebrew).

Even if Kodak hasn’t been able to stay out of trouble, there is no doubt he’s accrued some wealth through performances and sales. So, what is Kodak Black’s net worth?

Kodak Black Net Worth: $2 Million

As you may have guessed, Kodak isn’t as wealthy as some of the other rappers out there and his wealth pales in comparison to performers like Jay-Z (estimated to be worth $900 million). But, when you consider the fact that Kodak hasn’t been signed to any record labels, his numerous court fees, and lavish lifestyle, his $2 million net worth is predictable.

What’s crazy is Kodak makes an estimated $182,900 per month from his YouTube channel. When you factor in his record sales, he should be rolling in the dough. His first No. 1 album (Dying To Live) sold 89,000 album units. The week it came out, it was the most streamed album. The Project Baby and Painting Pictures are his second and third most successful albums, respectively. However, he has squandered quite a bit of his cash on his lavish lifestyle.

Kodak Black’s Lifestyle

Kodak Black’s net worth has been largely impacted the way he lives his life. Obviously, he has spent quite a bit of money making his legal troubles go away. On top of that, the rapper can be seen popping bottles of champagne and doing drugs on social media. He has also spent quite a bit of cash on his home and cars and material things like costa del mar sunglasses.

He owns a 5 bedroom, 5 bathroom mansion in Pembroke Pines, Fla. Zillow values his home around $885,808. The value of his home makes up a large portion of his overall net worth. Other possessions contribute to his wealth as well.

The rapper owns a number of cars. His red BMW X6 is valued at $66,245. On top of that, Kodak also owns a Rolls Royce Ghost (prices starting at $311,900) and a souped-up orange Cutlass with gold rims.

A portion of Kodak’s wealth also goes to paying child support and for other needs of his 3-year-old son. The child is mothered by his previous girlfriend, Jammiah Broomfield. Kodak was not aware of the child until he turned one year old.

Outside of his son, Kodak also gives some money to his mom. He even bought her a Mercedes. He also has a girlfriend who is known to the internet as “Cuban Doll.” The couple can be seen on social media kissing, hugging, and partying much of the time. There have been rumors that Cuban Doll and Kodak may break up but only time will tell.

Readers, what do you think of Kodak’s wealth? Does it surprise you?

Photos: XXL Mag, Variety, and Billboard

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