By Megan Sayles, AFRO Business Writer,
Report for America Corps Member,
msayles@afro.com
JPMorgan Chase, in collaboration with Women of Color and Capital, on Thursday will host a free workshop for Black and Brown women to gain more education surrounding investing. The event, Guide to Financial Freedom: Investing 101, will take place at the Bowen Building in Washington, D.C. from 6 to 7:30 p.m.
“It’s so important to be having conversations about finances and investing for the future. Education and awareness are key,” said Montserrat Flores, private client advisor at JPMorgan Wealth Management. “We want this event to create an open dialogue for women of color to learn more about the power of investing to help them feel more empowered in their financial journeys.”
The workshop comes on the tail of a JPMorgan Wealth Management survey, in which 2,000 respondents across race, gender and wealth levels shared their thoughts about investing today.
The JPMorgan Wealth Management Diverse Investor Study discovered that 45 percent of Black respondents mainly invest to provide their children with a better life, compared to 29 percent for their White counterparts. It also found that 59 percent of Black respondents want to take an active role in selecting the stocks, bonds or funds that comprise their investment portfolio.
During the Guide to Financial Freedom: Investing 101 workshop, representatives from JPMorgan Chase and Women of Color and Capital, an initiative focused on the success of minority women as it relates to financial resources and opportunities, will discuss how to determine your financial goals, risk appetite, the best ways to invest without disrupting your lifestyle and how to stay on track with your financial and investment plans.
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