the wealth gap between whites and minorities has become a grand canyon in America. The median net worth of white households is 18 times that of Hispanics and 20 times that of African American households. The widest disparity in a quarter century, a study finds that median wealth of white U.S. households in 2009 was 113,149 compared to $6,325 for Hispanics and $5,677 for African Americans. The gap is the widest it's been since the census began tracking it in 1984.
This is very depressing for me to learn that minorities are not catching up to their counterparts when it comes to wealth in this country. My question is why is that. is it because of educational factors, opportunity factors, what is it and when we found out what makes such a wide wealth gap we need to also find out how to change it.
What the articles says what's pushing the weath of whites is the rebound of the stock market and the corporate saving.
If that is the real reason then investment should be part of your saving program. Beaue like I always say investment is your key wealth.
Have A Great Cheap Cheetah Week
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