In today’s episode, Keith Reid-Cleveland, an editor at Morningstar Inc., discusses Morningstar’s research on the racial wealth gap and a proposal to help close it known as baby bonds.

Timestamps

00:06 Introduction
00:36 Disney CEO Bob Iger Plans to Cut Billions
01:49 Uber’s Total Revenue Soars
02:39 PayPal Faces Tough Environment
03:34 AbbVie’s Long-Term Outlook
04:36 America’s Racial Wealth Gap and How to Shrink It
04:59 What has research shown about wage disparities when households are compared?
05:49 How are savings rates affected?
06:29 What’s the impact on building a nest egg?
06:59 What are some thoughts on building financial security through homeownership?
08:00 How could baby bonds help close the racial wealth gap?
09:15 6 IRA Mistakes to Avoid