All results
New year. New resolutions. New winning habits. If it hasn’t been on your list, investing some of your money in the stock market should be. People all over the country are making real money in the stock market every day, and you can too. Maybe you’re skeptical, having heard horror stories from others about large losses. Or maybe you think you need to know a lot or spend time or money you don’t have to be a successful investor. Don’t let these thoughts and feelings stop you. Here are three things to think about as you consider buying your first share. Risk and Reward Few investment options rival the stock market. Some people, wary about its risks, park their money in savings accounts or investment properties. However, over time, the stock market has returned approximately 7% (post-inflation) each year since 1940. Compare that to a 1.5% post-inflation return for real estate. You can earn more than that by parking your money in certain savings accounts, and without the headaches of...
One way to get consumers to become more financially literate? Add a little hip hop. Inspired by the pandemic, financial educator Ash “Ash Cash” Exantus launched “ The Ash Cash Show ,” a daily digital finance show that empowers people to achieve financial freedom and build wealth, reports Black News . The culturally relevant feature also focuses on business news. In each episode, Exantus uses a culturally responsive approach to teaching financial literacy and entrepreneurship. “I once heard, when the country catches a cold, black folks get pneumonia and with the current coronavirus pandemic, this has been nothing but facts,” Exantus, also known as the Hip Hop Financial Motivator, said. The aggressive spread of COVID-19 has disproportionately affected Black communities. Despite the overall drop in the unemployment rate, the rate for Black workers has increased . Exantus—who has been featured on “Sway in the Morning,” CNNMoney and The New York Times — wants to be the financial voice...