Many multicultural investors, untrusting of Wall Street, look beyond the stock market and instead to real estate and entrepreneurship to build wealth. Given the recent market volatility, one might think that’s been wise.
A recent UBS survey titled “Invest to advance,” explores the investing habits of Black, Asian, Hispanic and Latino Americans. The survey found that just 26% of Black Americans with at least $1 million in financial assets were invested in stocks. Among Asian Americans, employment…