The BlackRock Foundation and Commonwealth Research Reveals Majority of Low and Moderate Income Americans Now Invest in Capital Markets
NEW YORK & BOSTON--(BUSINESS WIRE)--A new national survey released today by The BlackRock Foundation and Commonwealth reveals that over 54% of Americans living on low and moderate incomes (individuals from households living on low and moderate incomes ranging from 79,999 annually) are currently retail investors in the capital markets. Among this cohort, more than half are new investors who began investing within the past five years. These findings underscore the democratization of re. ...