By this point, we all have to know that Black people spend more money in this country than any other ethnic group. What you may not know is that Blacks invest less than any other ethnic group.
I think that our community has become too concerned with "looking" wealthy than actually being wealthy.
We would rather spend $100,000 on a car than to invest that same amount so that our kids don't have to worry about college or so that we can retire and still have an income.
Do you invest? If so, how (i.e. stocks, bonds, mutual funds, savings accounts)? Why do you think Blacks invest so little?
Investments
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