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Why do wealthy blacks & Latinos rarely invest in stock market/bonds/Roth IRA

Seems like their money goes to cars, whores, and clothes
Soul-stirring ruddy church building personal credit line
  01/09/17
Because they're uneducated and don't know anything about mon...
Snowy menage kitty cat
  01/09/17
For the risk-averse investor, an adviser such as Butowsky wo...
razzmatazz place of business
  01/09/17
this makes an immense amount of sense
lake resort
  01/09/17
...
Soul-stirring ruddy church building personal credit line
  01/09/17
...
sable insecure organic girlfriend
  01/09/17


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Date: January 9th, 2017 12:38 AM
Author: Soul-stirring ruddy church building personal credit line

Seems like their money goes to cars, whores, and clothes

(http://www.autoadmit.com/thread.php?thread_id=3485791&forum_id=2#32331790)



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Date: January 9th, 2017 12:39 AM
Author: Snowy menage kitty cat

Because they're uneducated and don't know anything about money. You see this among white proles, too.

(http://www.autoadmit.com/thread.php?thread_id=3485791&forum_id=2#32331795)



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Date: January 9th, 2017 12:43 AM
Author: razzmatazz place of business

For the risk-averse investor, an adviser such as Butowsky would suggest allocating 5%to private equity, 7%-12% to real estate, 50%-65% to a mix of public securities(stocks, mutual funds and the like) and the rest to alternatives such as gold and hedge funds. Yet with athletes, who are often uninterested in either conservative spending or the stock market, those percentages are frequently flipped. Securities are invisible, after all, and if you don't study them,they're unintelligible. Not to mention boring. Inventions, nightclubs, car dealerships and T-shirt companies have an advantage: the thrill of tangibility.

http://www.si.com/vault/2009/03/23/105789480/how-and-why-athletes-go-broke

(http://www.autoadmit.com/thread.php?thread_id=3485791&forum_id=2#32331810)



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Date: January 9th, 2017 12:45 AM
Author: lake resort

this makes an immense amount of sense

(http://www.autoadmit.com/thread.php?thread_id=3485791&forum_id=2#32331822)



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Date: January 9th, 2017 12:46 AM
Author: Soul-stirring ruddy church building personal credit line



(http://www.autoadmit.com/thread.php?thread_id=3485791&forum_id=2#32331828)



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Date: January 9th, 2017 12:47 AM
Author: sable insecure organic girlfriend



(http://www.autoadmit.com/thread.php?thread_id=3485791&forum_id=2#32331832)