Minority Investors May Offer Huge Potential for Wall Street

Even as Wall Street recovers from the financial crisis, it may be missing out of billions of dollars of potential investment from an untapped resource—minority investors.

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"Minority groups are getting older and they will be looking for someplace to invest for their future like other baby boomers," says Russell James, assistant professor in financial planning at Texas Tech University. "There's going to be a huge shift in the next ten years with these groups to more active investing and the taking of risks, especially the high end earners."

 

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