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Sunday, October 29, 2006

Survey shows black investors shun stocks, bonds

Survey shows black investors shun stocks, bonds

Black investors put less money into stocks and bonds than their white counterparts, according to the latest results from a decade-long study, and the numbers are trending down. Only 64% of higher-income blacks owned stocks this year, down from 74% in 2002, according to a survey by Ariel Capital Management and Charles Schwab Corp.

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