Study: Latino investors want to learn more about investing
According to a Wells Fargo study of its Hispanic investors, most of them would rather keep their money in a savings account than to invest in bonds or stocks.
When it comes to investing, Latinos have very different attitudes compared to the rest of the population. For example, most of them would rather keep their money in a savings account than to invest in bonds, stock or mutual funds.
Those were the findings of a Wells Fargo study that took a look at its Hispanic investors. The study also found that family has a big influence on Latinos' money decisions. This is something Delia Fernandez is well aware of as a financial planner and as president of Fernandez Financial Advisory in Los Alamitos. She talked to Take Two on Monday.