With COVID-19 causing significant disruptions, there has never been an easier time to invest in the stock market. Big-name companies have seen unprecedented losses in what experts refer to as a “Bear Market.” With brokerage apps like Robinhood, Stockpile, and Stash, all it takes is $1 for you to own a piece of a major corporation. With the ease of stock market investing, we need experts in the field that can point us in the right direction during this time. While many believe millennials are afraid of investing, 42% of millennials are investing conservatively. Check out these three stock market investors who share a wealth of knowledge on the latest trends and changes of today.
Raphael Wright is a serial entrepreneur who gives out tons of free financial advice and information through his social media channels. He’s an avid investor in the stock market, dedicating sections about the market in his books, most recently “Wealth: The Re-Rock.” Currently, he’s planning to open the first black grocery store, “Neighborhood Grocery.” For a minimum investment of $50, you can become a financial investor in the emerging business.
“The racial wealth gap is real. It’s systematic, but we play a huge role in maintaining our poverty by not even trying to take control of our financial lives. There are some things that are out of our control, but there are some things we all can do. Unite, plan, hustle, invest, redistribute.” – Raphael Wright
David Smith (aka Producer DDS) is an award-winning music producer. He produced Detroit’s own Dej Loaf’s breakout hit, “Try Me,” in 2014. Since then, he’s worked with Plies, Icewear Vezzo, and he’s won multiple BMI Music awards. When he’s not making beats through his Maschine, he’s actively investing in the stock market. Smith invests in stock through TD Ameritrade and Robinhood. He also has a YouTube page in which he breaks down the basics of investing in the stock market, passive income, and more.
“I invest because I want to build wealth for myself, my family, and my son’s kids. I want to plant the seed so further generations can have a head start.” – David Smith
Ashley M. Fox is a guru in the finance industry. As a former Wall Street analyst, she oversaw multiple portfolios that grossed over $20 million. She then took the information she learned and created Empify and Wealth Builders 101 along with her business partner, Rob Boyd. Both entities aim to teach wealth to the black community so that more families can experience true freedom. Her work has been featured in Forbes, Black Enterprise, NBC, and more.
“There are so many classes, books, and resources that can help us build wealth, but why don’t we take action? It’s because we have a mental barrier stopping us. Before we know what to do, we need to ask ourselves, what do we want? Why do we want it? Where are we going? We can’t use a roadmap without a destination.” – Ashley M. Fox