The Cycle of Poverty: Jordan Shoe Investment

Last week in Dallas, TX riots broke out as consumers rushed to purchase the "Cool Grey" Michael Jordan shoe. For years Jordan shoes have been considered collectors items, fashionable necessities and definitions of style. In 2001 Jordan issued the same shoe for only 24 hours and the 2001 version now sells for over 400 dollars on eBay. What is the significance? I went to the mall two days after Christmas to see at least 3 people wearing the “Cool Grey” shoe. Still isn’t clicking yet? Well, since the beginning of the Jordan shoe empire the shoes themselves have proven to be worthy investments! However, many consumers buy, wear and tarnish their worth in the sake of fashion! It is not surprising that the largest consumers of these shoes are those in the lower and middle class, which is evidence to the thought process of many low income citizens. Too often we cheat ourselves, making emotional decisions that ultimately contribute to our demise. We buy a shoe that a few years later could be worth triple what we paid for them. We wear them because we want others to know we have the money to buy them, we then flaunt them at every function to possibly catch a glimpse of recognition from our peers and while the rich are building interest on their investments we are losing it. There lies the cycle of poverty. We don’t have, so we buy and act like we have to feel like we compete with those who do have and because of our poor decisions we will never have, at least not consistently. Time is money. Investments take time and emotions can often get in the way of us using our time wisely!! I encourage you to look carefully at what you do and buy in the times ahead. Strive for long term wealth instead of quick meaningless affirmations of self worth. Sacrifice now to celebrate later. The decisions we make today are the keys to our success in the future.

YOU"VE JUST BEEN CARESSED