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Sharon Bowen is breaking down barriers at Wall Street, becoming the first Black woman to be named board chair of the New York Stock Exchange (NYSE). Pinning itself as the world’s largest stock exchange, the Wall Street brokerage currently houses 2,400 listed companies with a combined capitalization of $36 trillion, TRT World reports. Bowen’s new role follows just shortly after the Intercontinental Exchange Inc. (ICE) revealed they would make leadership changes to advance with the market. “As organizations everywhere adjust to a world transformed by the pandemic, our management team is evolving along with the market environment,” ICE founder Jeff Sprecher said in a letter announcing the changes, according to TRT World.
New year. New resolutions. New winning habits. If it hasn’t been on your list, investing some of your money in the stock market should be. People all over the country are making real money in the stock market every day, and you can too. Maybe you’re skeptical, having heard horror stories from others about large losses. Or maybe you think you need to know a lot or spend time or money you don’t have to be a successful investor. Don’t let these thoughts and feelings stop you. Here are three things to think about as you consider buying your first share. Risk and Reward Few investment options rival the stock market. Some people, wary about its risks, park their money in savings accounts or investment properties. However, over time, the stock market has returned approximately 7% (post-inflation) each year since 1940. Compare that to a 1.5% post-inflation return for real estate. You can earn more than that by parking your money in certain savings accounts, and without the headaches of...