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2007 Ariel-Schwab Black Investor Survey
The 2007 Survey found that Blacks are no more likely to be investors today than they were a decade ago. This shocking statistic makes it clear — it is time to stop admiring the problem and start finding the solution. For middle-class African-Americans, the march toward financial security has been an uphill journey marked by half steps, pauses and, for some, retreat. Over the last decade, Ariel Mutual Funds and The Charles Schwab Corporation have commissioned annual research comparing the saving and investing habits of middle- and upper-income Black and White Americans. The results consistently reveal that Blacks save less than Whites of similar income levels and are less comfortable with stock investing. This behavior impedes wealth building across generations and adds to the growing retirement crisis. Click here to view the Ariel-Schwab Black Paper
You can also review the findings from past Black Investory Surveys, dating back to 1998. |
