Take Two translates the day’s headlines for Southern California, making sense of the news and cultural events that affect our lives. Produced by Southern California Public Radio and broadcast from October 2012 – June 2021. Hosted by A Martinez.
When it comes to investing, Latinos have very different attitudes compared to the rest of the population. For example, most of them would rather keep their money in a savings account than to invest in bonds, stock or mutual funds.
Those were the findings of a Wells Fargo study that took a look at its Hispanic investors. The study also found that family has a big influence on Latinos' money decisions. This is something Delia Fernandez is well aware of as a financial planner and as president of Fernandez Financial Advisory in Los Alamitos. She talked to Take Two on Monday.