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Study on Savings by Blacks and Whites Reveals Shades of Gray
The Washington Post; subscription may be required
Oct. 22, 2007
Excerpt: For 10 years, Ariel Mutual Funds and Charles Schwab have issued an annual report on the saving and investing habits of middle- and upper-income blacks. The survey throws a spotlight on the progress of black money-management skills -- or lack of progress. It also compares the investing behavior of blacks and whites.
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