3 Investment Lessons From The Power Couple of Music – Beyoncé & JayZ

By BankBazaar | February 12, 2019

This power couple has stormed not just the music industry but the investment front as well. Here are 3 lessons to learn from Beyoncé & JayZ.

3 Investment Lessons From The Power Couple of Music - Beyoncé & JayZ

We all love a powerful couple. Couples who stand up for each other, couples who are successful together and whose stories just stand out in a crowd. Leading such an exemplary life is the music industry’s star power couple – Beyoncé & JayZ.

Beyoncé and JayZ’s collective net worth is estimated at 1.5 billion dollars. Needless to say, this couple has been raking in the moolah ever since their union. They are not only singers, rappers and song-writers, but they are also well-known entrepreneurs and record producers.

As a couple, the duo are extremely talented and enterprising too. JayZ is the owner of 40/40 Club sports bar and the co-creator of the Rocawear clothing line apart from being one of the most acclaimed rappers of all time.

On the other hand, his spouse Beyoncé rose to fame as the lead singer of the R&B girl group Destiny’s Child in the 90s. She has won 23 Grammy Awards and is a celebrated artist all over the world.

Additional Reading: What Celebrities Can Teach Us About Investing

All said and done, this couple is undoubtedly one of the most powerful couples in the industry and we can only wonder what makes their chemistry such a success. This power couple also teaches us some really valuable investment lessons from their own lives. Let’s get to it, shall we?

  • Start Early

Both Beyoncé and JayZ started showing interest in music very early on in their lives. While Beyoncé took dance lessons and won talent competitions at the age of seven, JayZ was involved in music and known for his rap skills in his little neighborhood.

This shows that getting an early start towards achieving your goals can prove to be successful if you put your mind to it. Likewise, when it comes to finances or investments, it is advisable to start early. Start investing in Mutual Funds right from the day you get your first salary.

Additional Reading: 5 Things Investors Can Learn From Warren Buffett 

  • Grab Every Opportunity

Although Destiny’s Child got Beyoncé all the attention, it also opened many doors for her in terms of her debut in movies and the release of her solo album. Around the same time, JayZ, who had begun his musical career in the mid-1980s, founded his record label Roc-A-Fella Records after releasing his debut studio album.

So, don’t sit and wait for the perfect opportunity to come your way. Stay one step ahead of everything and always have a vision. The same ideology applies to your finances too. If you’ve already invested in Mutual Funds, then you should also look for other savings options like Fixed Deposits, Savings Schemes and the likes that give a reasonable return on investments. Don’t discount long-term investment plans like NPS and EPF either.

Additional Reading: Money Management Tricks That Make The Rich Richer

  • Try Different Investments

Well, when it comes to endorsing products or starting a new business, both Bey & Jay haven’t shied away from exploring new things. While Beyoncé introduced a women’s clothing fashion line called House of Dereon (named after her grandmother) along with her mother, JayZ is the co-brand director for Budweiser Select, has an urban clothing brand called Rocawear and is also a part-owner of the Brooklyn Nets NBA team. Additionally, he launched his own sports agency called Roc Nation Sports and is a licensed Sports Agent too!

This teaches us a valuable lesson about diversifying our portfolio as investors. As you diversify your investments, you also stand a chance to lower your risk and venture into many other areas that can be profitable for you. This is also a great way to increase and earn your returns.

Additional Reading: Optimising Your Investments 101

At the end of the day, this couple is simply ‘#goals’ when it comes to being mighty successful together. So, find yourself someone who is not just your life partner but also an equal partner when it comes to finances and investing.

That said, we have a wide range of financial products that can cater to your multiple financial needs. Give it a try.

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