More Black Americans became first-time investors in 2020 than any other year, and it’s mostly being driven by the under 40 crowds, according to a new survey. The latest Ariel Investments-Schwab Black Investor Survey finds there were 15% new Black investors last year compared with only 4% new white investors.
More Black Americans became first-time investors in 2020 than any other year, and it’s mostly being driven by the under 40 crowds, according to a new survey. The latest Ariel Investments-Schwab Black Investor Survey finds there were 15% new Black investors last year compared with only 4% new white investors.
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