πŸ‡ΊπŸ‡Έ

Black Americans Don't Invest As Much As Whites Do, And The Reasons Are Complex

Video Credit: Wochit News
Published on September 20, 2020 - Duration: 00:42s

Black Americans Don't Invest As Much As Whites Do, And The Reasons Are Complex

While the investing gap between black and white Americans is narrowing, it's still significant.

What's more, there is no one single reason for discrepancy.

In 2015, 67% of black households earning $50,000 or more invested in stocks or mutual funds, versus 86% of similar white households.

And according to Business Insider, Duke University researchers say the median black household holds just 10% of the wealth of the median white household.

Advertisement

You are here


πŸ’‘ One News Page Knowledge: Other News Mentions

African Americans

Racial or ethnic group in the United States with African ancestry
β€œCentury of Struggle,” her 1959 history of the women’s rights movement, uncovered previously ignored narratives, like the contributions of African-American..
Credit: NYTimes.com - Published 4 days ago



Related videos from verified sources

Amber Riley raging after racist Trump supporter spits on her car 00:53
Video credit: Cover Video STUDIO - Published 10 hours ago 

11 COLOURS OF THE BIRD Documentary movie 01:47
Video credit: Teaser Trailer - Published 14 hours ago 

Judge To Trump Admin: No, You Can't Kick 700,000 Americans Off Food Stamps 00:35
Video credit: Wochit News - Published 23 hours ago 

You might like