In today’s episode, Keith Reid-Cleveland, an editor at Morningstar Inc., discusses Morningstar’s research on the racial wealth gap and a proposal to help close it known as baby bonds.
Timestamps
00:06 Introduction 00:36 Disney CEO Bob Iger Plans to Cut Billions 01:49 Uber’s Total Revenue Soars 02:39 PayPal Faces Tough Environment 03:34 AbbVie’s Long-Term Outlook 04:36 America’s Racial Wealth Gap and How to Shrink It 04:59 What has research shown about wage disparities when households are compared? 05:49 How are savings rates affected? 06:29 What’s the impact on building a nest egg? 06:59 What are some thoughts on building financial security through homeownership? 08:00 How could baby bonds help close the racial wealth gap? 09:15 6 IRA Mistakes to Avoid
