Oh Yes!
I've been investing since I graduated from college. I actually work for an investment firm in Maryland and I love this industry. I have my 401K, multiple savings accounts, mutual fund accounts, money market account, and company stock.
I think Blacks tend to not invest because we assume you have to have $5000 or $10,000 to invest to make it "worth your while", but really, any type of automatic deposits on a monthly or bi-weekly basis will build wealth over the long run.
We, as a people, need to move away from the "get rich quick" mentality.
|