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| Welcome Letter | ||
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Dear Visitor: Welcome to the next great African American movement, the Black Wealth Network. Our mission is to empower African Americans to build generational wealth. Through our unique electronic platform, we offer affordable investing opportunities to help you save towards your core financial goals such as a child's college education, a new home, starting a business or a comfortable retirement. We envision the Black Wealth Network as a powerful engine that creates wealth for African Americans by combining the seemingly opposing concepts of long-term investing and natural spending/consumption. We help you build wealth in 2 ways: through traditional investing and through shopping rebates, which are also, in turn, invested. This unique cooperative economic model leverages the "circular flow of income" ($600 billion per year) within the African American Sub-economy (click here to learn more). Black businesses benefit from increased black consumer loyalty, and African American individuals can efficiently grow their individual wealth. Research has shown that African Americans have largely been left out of investing and wealth building opportunities due to a variety of factors, including financial barriers, lack of education and awareness on financial matters, and lack of diversity in the investment industry. Additional research tells us that many African Americans have a strong interest in financial services that come from African American money managers, advisors, products and services. We built the Black Wealth Network to break down these barriers to investing and financial literacy by offering ultra low cost services with supportive advice and education, to effectively serve a traditionally underserved market. We have secured agreements with African American managed/owned mutual funds and offer them to you via a proven electronic platform with no minimum or ongoing investment requirements, no transaction costs, and no commissions. We invite you to explore the benefits of the Black Wealth Network. Please join us as we link together electronically to achieve individual and collective economic freedom. Stephen T. Washington
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