“Generational wealth starts with generational knowledge.”
So says Capital Gains Investment Group co-founder Kwame Stover. He is a 13-year Army veteran who pulled strength from struggle. Realizing a lack of knowledge surrounding cryptocurrency, he set out to empower his community through economics.
When we enter the workforce, we are taught how to invest our earnings and achieve financial freedom. During his military career, Stover recognized the importance of self-discipline and learning financial literacy early in our community.
In addition, he made wise decisions with his military pay. He started with trading stocks and learning stock options. Then, he began to invest in cryptocurrencies such as Bitcoin, DEFI and NFT (non-fungible tokens). Today, Bitcoin is worth almost $50,000 per coin. Through sound investments and recognizing the importance of credit, Stover is now a millionaire.
However, he did not come from a financially stable family. A combination of self-education and mentorship allowed him to acquire the knowledge needed to commence the accumulation of wealth. Not just financial wealth, but intellectual wealth.
Rather than keep the knowledge for himself, he recognized the importance of giving back to his community. He does not give out money. He “pays it forward” by passing on the knowledge that it takes to create another millionaire, which he has done.
The word “millionaire” is usually associated with conspicuous consumption and arrogance. Stover is the exact opposite.
When we met, he was dressed in sweatpants and a crewneck sweater with running shoes. Furthermore, he still lives here in Fayetteville and works to build the community as a board member of Southern CC, Inc, a veteran nonprofit organization founded by a fellow veteran, Tony Brown. Southern CC, Inc is dedicated to building autonomous communities and creating financial stability along with generational wealth.
Stover accumulated his wealth at an early age. Still in his 30s, he feels “rather than wait, let’s learn now.” Keeping true to his word, Stover created a children’s book entitled Crypto for Kids, which sells for $12. With this book, he hopes to create financial awareness for future generational wealth.
Life is a constant journey of education, and increase in wisdom. During our conversation, Stover spoke on the subject of dynastic wealth. The Rothschilds and Kennedys are examples of dynastic wealth, totaling in the upper billions. These families understand the power of group economics.
Much of the Black community lacks the financial knowledge to properly combine assets and effectively invest. Stover partnered with Morris Benton, Elise Benton and Erica Brown to create an investment group that provides practical methods to financial management in a manner that allows ordinary citizens to become a part of the world’s new thriving cryptocurrency market and possibly achieve dynastic wealth.
Stover told me that his goal was to become a billionaire in five years. Many would think that he was saying that he wants to have a personal worth of a billion dollars. However, he explained that he wanted to generate a billion dollars. For instance, he could make a billion people one dollar each and achieve this status. With Capital Gains Investment Group, he and his team are doing just that and creating a permanent fix.
His permanent fix is a platform that gives users the knowledge that is actually needed to understand and succeed in trading. Through trading and group economics, Stover believes we can achieve ownership.
According to Stover, the true definition of being wealthy is the ownership of your time.
Like he said, now is the time to educate ourselves and those around us. Knowledge is the most valuable possession that we can obtain or relinquish.
I leave you with this prayer from Napoleon Hill’s “Think and Grow Rich”: “I ask not, Oh Divine Providence, for more riches, but more wisdom with which to accept and use wisely the riches I received at birth in the form of power to control and direct my mind to whatever ends I desire.”
Be the best you for you and those around you. Salute to every activist getting active. Peace.
Rakeem “Keem” Jones is a community advocate and father of three from the Shaw Road/Bonnie Doone area of Fayetteville.
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This article originally appeared on The Fayetteville Observer: A conversation about motivation: Kwame Stover wants to share the wealth