SMH - not trying to get into a flame war, but you just put up a ton of misinformation regarding investing, benefits and overall possibilities to grow ones wealth and health. If you'd like me to elaborate, I will, but that wasn't the point of my posts.
The problem is, like investing your money, in yourself or in your equipment it takes Time and Patience - two things the young cats on this forum do not have. They see DJ Mustard and think that they can make some copy cat trap beats and become millionaires overnight. Then, they post their grievances on these forums because we, as elders, are not giving them a proper education. You have cats who own 10 synths, but can't use one properly or understand how to create a chord progression, what a pentatonic scale is...but they invested in themselves by buying Symphobia 2? How's that Symphobia 2 going to work out when you're dead cuz you don't take care of your health. The whole point of bringing up investing was to show that too many people are worried about the current trends and I'd hate to see how they would handle their stocks or investment portfolios because they have no grasp of bigger pictures and long term thinking - isn't supposed to be a whole new topic of discussion.
Now, for the "silliest" part of my post - please educate us what Dre, Taylor Swift, Pharell and Drake are doing with their music money nowadays if it's not diversification and investing?
It also looks like you weren't really sure where the "discussion was going" four posts ago...remember that?
Sounds like we need to make up our minds.
Okay, so here we are saying Songs > Beatz
But three threads ago, we all agreed songs aint selling.....they being streamed which pays pennies...
And then we talk about publishing and royalties about (our) songs that still aint even in a position to leverage those two aspects for true financial windfalls.
Four threads ago, it was all about branding....remember that?
And now, lo and behold, we're all going to wake up and realize it's was, been and will be all about shows.....
and if anyone thinks T-shirts sold at a show is the pathway to retirement, I dunno.......
And it's funny how you finish with "pathway to retirement", but then want to critique my investing posts - what would you then recommend as a legitimate "pathway to retirement"?
If you're making a few hundred dollars a month selling beats, but don't have health insurance, a 401K and a personal investment portfolio...then expect to be living paycheck to paycheck arguing about why Songs > Beats.
If you disagree with this statement, then good luck to you not only in your music or ANY career, but with your overall Life in general because you clearly have no idea about hustlin, economics or future stability.