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Russell Simmons Shares Financial Advice

Russell Simmons Shares Financial Advice (photo)

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Hip-hop mogul Russell Simmons just published his self help book, “Super Rich: A Guide to Having it All.” A proponent of Transcendental Meditation, Simmons, who serves on the board of advisers for the David Lynch Foundation for Consciousness-Based Education and World Peace, believes that “happy can make you money, but money can’t make you happy.”

“I woke up one morning, I said, fuck it, I’m not doing no more coke, no more drinking, no more smoking cigarettes, none of that shit, and I took control and that’s what I did,” the Def Jam Records founder told Rolling Stone. “That was 23 years ago.”

The multi-millionaire is promoting his new book, and answered questions from Rolling Stone readers about the secrets to success. One reader asked about how to self-promote her ideas and brand herself, prompting Simmons to preach about the hustle and someone called Jinx da Juvy. “No. The ideas, if they’re new, ain’t shit til you start to execute them,” Simmons said. “I’m sitting here with Jinx da Juvy, the rapper. He got shot four times total. Now he’s 24 years old, he’s finishing college, and he’s been through a lot of shit. He’s on his hustle right now, he’s bugging me right now with his new record right this minute. He’s making videos, and he’s in school and he’s here. He didn’t quit. So, how do you make it? You stay on your grind.”

Another question came from a reader saying “I’ve been thinking about buying a thousand in silver,” and he wondered if that was a good idea now, or not. “I don’t know nothing about silver,” Simmons admitted. “I buy convertible bonds. I buy triple A if possible, I diversify my investment in convertible bonds, so if the market goes up a lot I get a bit of money. If it goes down a lot, I get my money back.” So there you have it. Convertible bonds, the preferred investment of a super rich man.

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The Best Of The Last

Portlandia Goes Out With A Bang

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The end is near. In mere days Portlandia wraps up its final season, and oh what a season it’s been. Lucky for you, you can watch the entire season right now right here and on the IFC app, including this free episode courtesy of Subaru.

But now, let’s take a moment to look back at some of the new classics Fred and Carrie have so thoughtfully bestowed upon us. (We’ll be looking back through tear-blurred eyes, but you do you.)

Couples Dinner

It’s not that being single sucks, it’s that you suck if you’re single.

Cancel it!

A sketch for anyone who has cancelled more appointments than they’ve kept. Which is everyone.

Forgotten America

This one’s a “Serial” killer…everything both right and wrong about true crime podcasts.

Wedding Planners

The only bad wedding is a boring wedding.

Disaster Hut

It’s only the end of the world if your doomsday kit doesn’t include rosé.

Catch up on Portlandia’s final episodes on demand and at

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Your Portlandia Personality Test

The New Portlandia Webseries Is Going Your Way

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Carrie and Fred understand that although we have so much in common, we’re each so beautifully unique and different. To help us navigate those differences, Portlandia has found an easy and honest way to embrace our special selves in the form of a progressive new traffic system: a specific lane for every kind of driver. It’s all in honor of the show’s 8th and final season, and it’s all presented by Subaru.

Ready to find out who you really are? Match your personality to a lane and hop on the expressway to self-understanding.

Lane 10: Trucks Piled With Junk

Your junk is falling out of your trunk. Shake a tail light, people — this lane is for you.

Lane 33: Twins

You’re like a Gemini, but waaaay more pedestrian. Maybe you and a friend just wear the same outfits a lot. Who cares, it’s just twinning enough to make you feel special.

Lane 27: Broken Windows

Bad luck follows you around and everyone knows it. Your proverbial seat is always damp from proverbial rain. Is this the universe telling you to swallow your pride? Yes.

Lane 69: Filthy Cars

You’re all about convenience. Getting your car washed while you drive is a no-brainer.

Lane 43: Newly Divorced Singles

It’s been a while since you’ve driven alone, and you don’t know the rules of the road anymore. What’s too fast? What’s too slow? Are you sending the right signals? Don’t worry, the breakdown lane is nearby if you need it.

Still can’t find a lane to match your personality? Check out all the videos here. And see the final season of Portlandia this spring on IFC.

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Last-Minute Holiday Gift Guide

Hits from the '80s are on repeat all Christmas Eve and Day on IFC.

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GIFs via Giphy, Photos via The Everett Collection

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