IBB.
i buy black.
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History
History
The IBB Investment Group, LLC [ibBIG] launched from I BUY BLACK, Inc. (www.iBuyBlack.org) in January 2019 to provide a practical investment vehicle for business minded individuals who believe in the (7) principles of the NGUZO SABA, particularly Ujamaa (Cooperative Economics) "To build and maintain our own stores, shops and other businesses and to profit from them together." We are always encouraging interested persons who agree with our mission and can make a minimal (3) year commitment to make monthly contribution of $50 to $200.
[ibBIG] is a traditional investment club with a Black History and Cultural component to serve as the "glue" to keep Members (Partners) rooted in our cooperative purpose for wealth building. We encourage all who may have an interest to review the NGUZO SABA and read the Preface and 1st chapter of our 2019 black history book, The Mis-Education of the Negro by Carter G. Woodson.
"Those who have no record of what their forebears have accomplished lose the inspiration which comes from the teaching of biography and history."
- Carter G. Woodson
Our Principles
Our Principles
The Nguzo Saba
The Nguzo Saba
Umoja
(oo-mo-ja)
Unity:
To strive for and maintain unity in the family, community, nation, and race.
Kujichagulia
(koo-gee-cha-goo-lee-yah)
Self-Determination:
To define ourselves, name ourselves, create and speak for ourselves.
Ujima
(oo-jee-mah)
Collective Work & Responsibility:
To build and maintain our community together and make our problems our problems and solve them together.
Ujamaa
(oo-jah-mah)
Cooperative Economics:
To build and maintain our own stores, shops and other businesses and to profit from them together.
Kuumba
(koo-oom-bah)
Creativity:
To do always as much as we can to leave our community more beautiful and beneficial than we inherited it.
Imani
(ee-mah-nee)
Faith:
To believe with all our hearts in our people and the righteousness and victory of our struggle.
Nia
(nee-yah)
Cooperative Economics:
To make our collective vocation the building and developing of our community in order to restore our people to their traditional greatness.
What We've Done
What We've Done
Our W's
Our W's
2019: I BUY BLACK Investment Group established
2019: I BUY BLACK Investment Group established
We launched in January 2019, with first Partner contributions in February 2019.
2021: $100K AUM
2021: $100K AUM
It wasn't long before we crossed $100K in assets in May 2021.
2023: $200K AUM
2023: $200K AUM
We navigated our way through '21-'22's antagonistic market, achieving $200K by June of 2023 and holding steady ever since.
2024: Targeting $250K AUM
2024: Targeting $250K AUM
By EOY 2024, we look forward to surpassing a quarter of $1M in assets.
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