Why We Need Baby Warbucks: Equities as a Pathway to Equality

By Karen Petrou

There is an extensive literature on the “unbanked.”  But what of those one might call the “unsecured?”  In previous blog posts, we have pondered “equality banking” and “equality insurance.”  Now, we turn to equality investing, doing so not just because savings at ultra-low interest rates has become the road to ruin, but also because several retail brokers have redesigned entry-level investing with considerable equality upside.  Although caution is always warranted when products are aimed at inexperienced investors, “fractional share” options and no-commission fees could make a meaningful difference for millennial and lower-income households hoping to have enough put aside over time to own a home, ensure a secure retirement, and protect their families from the unexpected. Continue reading “Why We Need Baby Warbucks: Equities as a Pathway to Equality”