JULY 13 -19,1986 THE CITIZEN
ves ing in he Caribbean
By J e ath
Among the people respond­
ing to my recent column on the
� need for Blac to form ealth­
building or investment club
ere group and individual­
from t 0 Caribbean nations -
Barbado d the Baham .
Their letter raised the pro-
t of e in inve ments
from American Blae for ven-
in the Caribbean resort
The are dr mil-
of fun and sun seeking
American each year. But it
is truly amazin th t even in
Black nations non-Bla tend to
o n and control mo t of the
major busine
Thu the pro ect of Carib­
bean Bl cks forming busi e
ventures of their own and e­
in inve tment from American
Bl c h n appealing rin
to it. B th in a finan ial and
r i prid
I hav
H/ want to
leave home"
ficant" Hollar for inve ing,
we do not mean than e h
individual in a ealth-building
club would have to put up a lot
of money. Clubs are being
formed because there i financial
rength and economic power
in numbers.
For example, 40 club with
few as 25 members each inve
ing $200 a person totals
$200,000. That's a sizable
investment sum given the power
of leverage. 200,000 could
easily be excellent start-up
money for an inve ment project
in the Caribbean or a down­
payment on a 2 million existing
profit-making re rt hotel.
This concept of pooling small
amount of money in order to
make larger, potentially more
profitable inve tments ha been
u d effectively by other dis-
dvant ed p ople and can be
ppli d t almo t any pr �e t.
For ex mple currently we
kn of a tentially- profit-
ble r di ati n up f r sale
in Riehm nd Virginia. If nly
100 Bl c c uld put up 200
e h, they could get th t P ten-
tial gold mine t day.
However you mu t remem­
ber there i a limit to what you
can a c mplish al nee Send for
the p et on how to form
wealth-building club today.
And if I you an t further
inf rmati n on inve ring in the
Caribb an pr jects currently
under c n irati n particip t­
in in th pur ha of the Rich­
m nd r di tati n or any f
the other numerou inve tment
opp rtunitie hi h c m t m
ttenti n, nd y ur name
ddre and tamp to J me
P.O. B x 54041.
003 .
,
Iy.
What 'WOuld you, the reader,
do in the above situations?
I'd like to hear from you at
P.O. Box 50016, Washington,
DC 20004.
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& Security
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