According to the first Ariel/Schwab Black Investor survey in 1998, “of the 2.5 million Black households with incomes of more that $50,000 only half have brokerage or mutual fund accounts, compared with 71% for their white counterparts.” The study pointed out that African Americans stressed that they would be more involved in investing if they had more knowledge or even more contact with what was happening on Wall Street. This book will give the knowledge that African American would-be investors seek. It will be a definitive guide written by a fund manager, a guide that speaks directly to African American investors.
Book Details:
- Author: William Thomason
- ISBN: 9780470244494
- Year Published: 2005
- Pages: 304
- BISAC: BUS050000, BUSINESS & ECONOMICS/Personal Finance / General
About the Book and Topic:
According to the first Ariel/Schwab Black Investor survey in 1998, “of the 2.5 million Black households with incomes of more that $50,000 only half have brokerage or mutual fund accounts, compared with 71% for their white counterparts.” The study pointed out that African Americans stressed that they would be more involved in investing if they had more knowledge or even more contact with what was happening on Wall Street. This book will give the knowledge that African American would-be investors seek. It will be a definitive guide written by a fund manager, a guide that speaks directly to African American investors.
This book will teach readers how to accumulate wealth through investing, be their own research analyst and portfolio manager, and create and manage their own investment portfolio to reach personal financial goals. To achieve this, Make Your Money Work For You will contain sample financial charts, tables, and graphs, that help analyze information needed to make knowledgeable investment decisions; sidebars of interesting background information; a detailed glossary that demystifies investing jargon and a detailed appendices on investing in mutual funds, bonds, alternative investments (e.g., options), and alternative investing strategies (e.g., venture capital), because the main thrust of the book is oriented toward investing in the stock market.
WELL-CONNECTED AUTHOR TO ACTIVELY PROMOTE BOOK: Thomason is well-connected in the African American community and plans to use these connections to promote the book as much as possible. TIMELY SUBJECT MATTER: More investors are looking for guidance to investing in alternative investments including hedging and options. PUBLICITY AT LEADING INVESTMENT EVENTS: Thomason speaks at the The Money Show and on “Investing” cruise programs.
About the Author
William Thomason III (San Francisco, CA) is the founder, President and Chief Investment Officer of Thomason Capital Management, LLC, a San Francisco Bay based investment management firm. Thomason is also a consultant to a private equity company. His writings have been seen in Black Enterprise magazine, Barron’s, SmartMoney, Kiplingers and the Wall Street Journal. Ebony Magazine recognized his professional and civic contributions and selected him as one of the 50 leaders of the future.