Women in Power: Move Over Kings, these LA Queens are Taking Over
(Sen. Holly Mitchell in 2014, source: Flickr)
Looks like the Los Angeles County Board of Supervisors, once nicknamed the “five little kings”, will need a new nickname…
Because for the first time since its inception over 150 years ago, the LA County Board of Supervisors now consists of all women! Its latest member, Senator Holly Mitchell, recently won the board’s 2nd District race against LA City Councilman Herb Wesson by a huge margin.
Ange-Marie Hancock Alfaro, a...
4 Reasons Why Investing is Necessary for Women
We already know that women earn less than men, but that’s not the only reason why women shouldn’t be waiting to invest their money. According to data from the Vanguard Center for Investor Research, women often have retirement balances that are half the size of men (source).
In order to support yourself for however many years you’ll have in retirement (and it will keep increasing as we live longer), investing now in preparation is essential. We may not be able to close...
The Impact of the Racial Wealth Gap on Black Families and How We Can Stop the Cycle
In 2016, it was found that the typical white family had a net worth nearly 10 times that of a Black family. But this isn’t recent - this persistent racial wealth gap has been disadvantaging Black families and communities for centuries. And now in 2020, it has been posited that the racial wealth gap is as wide now as it was in 1968 (source: The Washington Post).
What I've learned in the past few months is that while the Black-white wealth gap is multifaceted, the racial inequality in...
This is Why We Need to Close the Latina Pay Gap
Latinx Heritage Month takes place between September 15 - October 15, and so far I've learned a lot of things from all the amazing Latina women I follow on Instagram.
Like how the Latina pay gap is 46% less than white men and 31% less than white women.
And not only are Latinas are paid less than white men for doing the very same jobs, but when they do ask for promotions and raises (more often AND at higher rates), they don’t get the same results (source: Lean In).
Recognizing...
Market Volatility and Investing In September
Do you remember, investing in September?
“Ooo ee ooo, selling in September…”
Most people remember September from the Earth, Wind & Fire song, but when it comes to investing, most people would rather forget it all together. September is considered, by some, the worst month for the stock market because there is so much market volatility.
The History Behind the September Effect
When looking back at trends throughout history, on average September is when the stock market's...
