read more from INVESTING,PERSONAL FINANCE,
Mon Sep 27 | 5 minute read
TAMPA, FL — People in the U.S. who own stocks and bonds are generating wealth at a much faster pace than those who don’t have these assets, as Wall Street continues back to all time record highs while many outside of it struggle. Black & Latino households are much more likely to be outside of the group that’s in the stock market. Only 33.5% of Black households owned any type of stocks in 2019, and with white households, the ownership rate is nearly 61%. Hispanic and other minority households also are less likely than white families to own stock.