In this episode, I unpack the data and analysis in the recently released 2022 Ariel-Schwab Black Investor Survey. The objective of this annual black investor survey, conducted by Ariel Investments and Schwab Bank, seeks to Identify similarities and differences between middle class Black and white Americans with regard to savings and investing, especially in stocks. For the first time, the survey includes data about crypto adoption in the Black community. The data is surprising. The analysis of the data tends toward FUD (fear, uncertainty, doubt). I right size and recontextualize the data through an economic justice and empowerment lens. And talk about the historical context that gives rise to distrust in the Black community of the legacy financial system.
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With Bitcoin and Ethereum leading the way, the cryptocurrency market is booming. And growing. With thousands of different types of crypto (and counting), crypto is a fast-paced, fast moving emerging asset class. Find out what banks, governments, and companies like Paypal don’t want you to know about owning crypto and holding it in your own wallet or self-guided crypto IRA. Bottom line? It’s a wave. And you deserve this opportunity to ride it all the way to financial freedom that leads to economic empowerment and generational wealth.
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Regulate & The Rabbit Hole by Notty Prod licensed via Creative Commons Attribution-NoDerivatives 4.0 International License. Produced by Tonya M. Evans for Advantage Evans, LLC