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Investment strategy

Investing preferences of Black and Hispanic respondents

PublishedAug 22, 2022

Editorial staff, J.P. Morgan Wealth Management

    Investing Preferences of Black and Hispanic Americans

      We asked more than 2,000 survey respondents across race, gender and wealth levels to share their thoughts about investing today. The J.P. Morgan Wealth Management Diverse Investor Study found that our backgrounds and experience do lead to differences in our attitudes toward investing.

       

      For Black and Hispanic survey respondents, one of the main reasons they invest is to give their children a better life.

       

      This is a graphic stating, 'Giving their children a better life is important for Black and Hispanic respondents.'



      Not only do Black and Hispanic respondents want to build a legacy – they want to invest with purpose.

       

      Black and Hispanic respondents care more about the social impact of the companies they invest in, including companies that…

       

      …promote gender and racial equity and diversity

       

      This circle graph shows the percentage of those (by race) who say promoting gender and racial equality is important for their investments.



      …are women-owned, started and/or operated

       

      This bar chart shows percentages of each race who think it's important to invest in women-owned, started or operated companies.



      …have a positive environmental impact – go green!

       

      This image shows a horizontal bar graph made of leaves to show the importance of companies with a positive environmental impact.



      are Black, Indigenous and People of Color (BIPOC)-owned, started and/or operated.


      A certificate of achievement shows percentages of people (by race) who want to invest in companies started and owned by people of color.



      See more of the diverse investor study here.

       

      Methodology

       

      The J.P. Morgan Wealth Management Diverse Investor Study was conducted April 26 – May 9, 2022. The results are based on a nationally representative sample of 2,014 general population American adults aged 25 to 64 with investable assets, including oversamples for both Black and Hispanic Americans (692 White respondents, 594 Black respondents, 624 Hispanic respondents, and 58 Asian respondents). Respondents were interviewed online in English and Spanish. J.P. Morgan Wealth Management was not identified as the survey sponsor.

       

      Andrew Berry

      Editorial staff, J.P. Morgan Wealth Management

      Andrew Berry is a member of the J.P. Morgan Wealth Management editorial staff. He previously worked as an intranet editor for the firm’s Corporate Communications team. Prior to that, he was a digital editor for AMG/Parade, publisher of Parade Maga...

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