Many people have said that ETFs have ‘democratized’ investing by offering everything under the sun, available with the click of a button and for cheap. But this really only applies to the half of the country that has the ways, means and desire to invest. What about the other half? How can they too benefit from the markets, which is a key part of closing the growing wealth gap?
Joel and Eric speak with Tyrone Ross of 401, a financial consultant that is passionate about getting the ‘unbanked’ exposures to the markets. This is becoming increasingly possible thanks to the spread of smartphones and apps like Cash App but is still harder than it looks and requires what Ross calls the three E’s: Exposure, Education and Empowerment. We discuss each in depth.
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