[The Breakfast Club] Angela Yee, Stacey Tisdale, & Investing Legend, Teri Ijeoma, Teach You How To Make The Stock Market The Side Hustle You Need!

[The Breakfast Club] Angela Yee, Stacey Tisdale, & Investing Legend, Teri Ijeoma, Teach You How To Make The Stock Market The Side Hustle You Need!

5-Day #takeyourfirsttrade Challenge Launches On The Breakfast Club!

By Stacey Tisdale

Here’s the good news. Research shows that the investing gap between millennial Blacks and whites under 40 has closed. Over 60% of Blacks under 40 are now invested in stocks, that’s the same number of millennial whites, as technology and micro-investing has made getting into stocks cheap and easy.

In addition, 40% of Blacks surveyed by Ariel Investments say they ‘talk about the stock market’ now versus 10% who did when they were growing up.

[Click HERE to sign up for the “Take Your First Trade 5-day Challenge!”]

The bad news: The Federal Reserve finds that overall, only 33% of Black households in the U.S. are invested in stocks, missing out on the roughly 260% returns in the S&P 500 over the past decade.

 

Fear and Trust

Financial behaviorist coach and author, Jacquette Timmons, says managing fear in falling markets can be particularly difficult for Blacks.

“It often comes with a sense of responsibility—people feel like it’s their duty to protect the money for their families,” she adds.

In addition, the financial realities of Blacks, who, for example, carry about $25,000 more in student loan debt than whites, have fostered a belief that investing is beyond their reach.

Add to that a ‘system’ that is rigged against them by paying Blacks lower wages, charging them more for loans, and a host of other abuses, as well as ‘opportunity theft,’ and it’s easy to understand why many have trouble trusting any financial institution, including the stock market.

A Helping Hand

Teri Ijeoma, Founder, Trade and Travel

Investing coach, Teri Ijeoma, has not only helped tens of thousands of people make millions by trading stocks, but her stock trading course on Teachable has generated over $40 million in sales.

Ijeoma, who taught herself how to trade in order to help her mother and stepfather pay for medical care, give herself the financial freedom to see the world, and help others build wealth, says the keys to investing success are:

·       Having a trading Plan

·       Having a Risk Management Plan

·       Knowing how to make money even when stocks are going down

Know Thyself

The reasons many Blacks are still reluctant to invest in stocks are understandable and should be looked at with compassion.

Still, it’s important to move beyond those fears and limiting beliefs so that you can use the market to help you achieve your goals.

Ask yourself:

·       What are the early messages I received got about investing?

·        What is my attitude about investing? 

·       How is your environment affecting you – What do you see people like you doing when it comes to investing? What do you see people like you not doing? 

·       How do you need to rewrite these messages if you are to achieve your goals?

Accept The Challenge

Most importantly, take action to overcome any issues that may be holding you back and learn how to take an active role in building the wealth you need to live your best life possible.

Join us on January 31st for the ‘5-Day Take Your First Trade Challenge.’  Click HERE to sign up now and sign on for a life that’s rooted in financial freedom.

Previous
Previous

[Black History Month] How Blacks Are Charting A New Economic Future & Building Wealth

Next
Next

How Life Insurance Can Fund Your Child’s Education...While Everyone's Alive