as African Americans take greater advantage of technology and become financially educated investors, they will be better equipped to give back to their families, churches and communities.
Los Angeles, CA (PRWEB) April 30, 2013
Money management, saving and investing are topics that are not covered in high school and college. Yet, as adults, money is certainly a necessity. Learning how to invest will make a major difference in every aspect of life from where one chooses to live and raise kids to when to retire. “Now, more than ever, African Americans need to be financially educated” says Tyrone Jackson, founder of the Wealthy Investor program. Mr. Jackson teaches Hollywood actors and anyone who wants to learn how to invest in the stock market from home.
Black Americans have advanced significantly in the professions of science, law and government. President Barack Obama’s 2013 reelection to a second term exemplifies that. However, evidence suggests that African Americans are still lagging in the arena of financial education.
Since 1998 Ariel Mutual Funds has partnered with Black Investor Survey to analyze the investment patterns of the black American community. They have found that black Americans save and invest less than white Americans of similar income levels. In 2013, the median amount black households report saving to invest on a monthly basis is $189, compared to $367 among white households.
Says Jackson, “Over the past fifty years trading stocks has been perceived as a game only the rich can play. However, the internet and technology have changed the landscape for the small investor.” In 2013 there’s greater access to free online stock research than ever before and online brokerage houses like E-trade have made buying and selling stocks online easy. These developments represent the removal of two key barriers for an individual investor to enter the stock market and manage their own money. Jackson reaffirms this, “There is no reason black Americans can’t learn how to invest and participate in wealth building through online investing. And as African Americans take greater advantage of technology and become financially educated investors, they will be better equipped to give back to their families, churches and communities.”
Raised by a single mother in New York City, Jackson’s family knew nothing about the inner workings of Wall Street. While working as a successful actor in TV and film Jackson fell in love with trading stocks online. “I loved trading on movie sets in between takes. It was easy.” Today, he is a successful stock market trader and his Wealthy Investor program produces monthly seminars in New York City and Los Angeles. Jackson has recently added online teleclasses to reach even more self-directed investors.
“Today the only block to financial success is our thinking,” says Jackson. “Wealth is an internal game first. Our beliefs about money are very powerful as they diminish or increase our success. The amount of wealth we create is directly correlated to what we believe is possible.”
A new itinerary of affordable “Wealthy Investor” seminars is being finalized now. Priced substantially lower than typical investment workshops, “The Wealthy Investor” is about reaching the greatest number of people to maximize their good fortune. The next opportunity to learn more is through two free teleconference workshops, "Basics of Stock Market Success," on Tuesday, May 7 & 21 from 7:00 - 8:00pm PDT. Visit http://www.TheWealthyInvestor.net to sign up for the teleconference calls and also get free "Stock Market Success" emails.