Teaching African Americans to Budget, Save and Plan for the Future

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Why Don't More Financial Advisors Look Like Lazetta Braxton"? - How to Address the Industry's Race Problem More black families are entering the economic mainstream, have more income and are saving for college and retirement.... They need advice and [the financial services industry] is passing up millions of dollars by not reaching out to them. -Rev. Anthony Evans

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Burton G. Malkiel, Princeton economics professor and author of “A Random Walk Down Wall Street,” and Charles D. Ellis, author of “Winning the Loser's Game,” have teamed up to write “The Elements of Investing.”
Beware of Deceptive Financial Advisers
There's good reason to check out a financial planner before you sign on for his or her services. In fact. Melanie Senter Lubin can point to a fewhundred of them. Lubin, a commissioner in the securities division for the Maryland attorney general's office, which investigates financial and securities firms accused offraud and regulates investment advisers, says that in fiscal year 2005, about 25% ofthe 1,300 incidents her office investigated involved claims against advisers.
'We think planners serve a critical function in helping you invest, save, plan for retirement, and more, but it's a good idea to pay attention from the start," she says. "There's always someone out there trying to separate you from your money."
There are different types of financial professionals. Before you start looking for financial help, you should know that they are.