The Racial Gap in Stock Market Participation

[Skooby]

This report was back in 2017. I wonder what the percentage would be now?

 

[LV Koopa]

The problem is the average person on the street doesn't have years to learn the stock market and may not want to risk it.

Personally I have way too much stashed in savings and I admit it's not financially best but I just don't feel like I know enough about stocks to take that chance. Last thing I want is to lose my $$$ because of a stock market crash.


I came of age during the 2008 crash so that soured me on stocks to be honest. At some point I'll try to get into stocks though.

I understand. 2007-2008 was highway robbery and people like us took a major hit. However, just start small. Take a little bit of money that you won't be emotionally affected by losing. Hit up Investopedia when you need to learn about something you don't understand. Eventually it'll all make sense. It won't take you an entire year because you'll be having fun.

 

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[ahomeplateslugger]

How are asians and latinx folks doing?

this. Why is it whites and blacks are always compared to each other? Include Asians and Latin folks too.

 

[OfTheCross]

this. Why is it whites and blacks are always compared to each other? Include Asians and Latin folks too.

because history and racism

 

[OfTheCross]

@ahomeplateslugger

The Fed - Chart: Survey of Consumer Finances, 1989 - 2019

The Federal Reserve Board of Governors in Washington DC.

www.federalreserve.gov

https://www.usnews.com/news/national-news/articles/2021-03-15/who-owns-stocks-in-america-mostly-its-the-wealthy-and-white

 

[beenz]

Bitcoin

hopefully not

 

[mson]

I've never been on a real vacation myself like i worked hard all my life and never went to an exotic place and relaxed...

Hard out here man!

 

[Skooby]

I've never been on a real vacation myself like i worked hard all my life and never went to an exotic place and relaxed...

Me either. All of my time off is traveling to visit family. That's not a vacation smh.

 

[ItzRailT]

Sorry dude but that disposable income argument is old. You have folks posting vacation pics on FB, bunch every other week, and the list goes on. Exposure may be the mail culprit though.

Facts all facts I see so many posting vacation pics, or flex pics of stuff they brought wasting money the disposable income argument is invalid if you got money for Jordan’s, clubs outings every weekend and trips to Miami or wherever you got money to invest.

 

[BushidoBrown]

How are asians and latinx folks doing?

they among the highest earners thats for sure