The Motley Fool

Closing the Wealth Gap for African American Professionals with Investing

If you had an extra $1,000 in your bank account right now, what would you do with it?

Would you… set up a special date night? Splurge for that new watch? Maybe set it aside and keep it for a rainy day?

What if I told you that you could turn that money into more money?

Investing is all over the news right now, but you don’t have to follow the most talked about stocks to potentially make a profit in the stock market.

We think all you need are three things—some guidance on which growth stocks to choose, some money that you’ve set aside that you won’t be needing for a few years, and patience.

Here’s the thing—we believe a lot of people are missing out on the opportunity to build wealth right now. Only 67% of Black households earning $50,000 or more invest in stocks or mutual funds, compared to 86% of white households. Which means that up to one third of mid- to high-income Black households may be missing out on the opportunity to potentially build wealth for themselves and their families.

It’s not too late to start building your financial future. Whether you’re a longtime investor looking for new ideas, or a beginning investor figuring out where to start, The Motley Fool can help. With stock picks and an investing philosophy focused on long-term growth rather than short-term gains, we’re helping investors of all levels find ways to enter the market and save for retirement.

That’s why today, we are offering one of our top reports, “5 Stocks under $50”, to HBCU Connect members for free.

These 5 stocks were picked by our co-founders, Tom and David Gardner, as part of their premium flagship investing service, Motley Fool Stock Advisor. This service provides members with 2 curated stock picks a month, to help further your investing. And the returns from Stock Advisor aren’t something to ignore:

Netflix, up 29,745% from our first recommendation in 2003
Amazon, up 20,537% from our first recommendation in 2002
• Marvel, up 10,831% from our first recommendation in 2002

And we don’t have to pick-and-choose returns. The average Stock Advisor pick is up 570%, which is nearly 5x times more than the S&P 500 over the same period!

With our mission of making all people smarter, happier, and richer, The Motley Fool is aiming at leveling the playing field and making investing accessible to more people. Click the link to access your free report and start investing smarter today.

Don't delay! Click here now to get started.

Past performance is not a predictor of future results. Individual investment results may vary. All investing involves risk of loss.

Returns as of February 26, 2021. John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Danny Delaney does not own shares of the companies referenced. The Motley Fool owns shares of Amazon, Apple, Booking Holdings, Netflix, and Walt Disney. The Motley Fool has a disclosure policy .