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FTA: "Wolff’s data shows that while stock ownership has increased over the past few decades, in 2013 (his most recent data point), less than half — 46 percent —
by TheBeardKing 10y ago
FTA: "Wolff’s data shows that while stock ownership has increased over the past few decades, in 2013 (his most recent data point), less than half — 46 percent — of households owned stocks, either directly or through their holdings in some sort of fund (e.g., a retirement account)."
- refurb 10y agoI'd say almost 50% of Americans owning equities is pretty good. It will never be near 100%.
- tormeh 10y agoYeah, in many countries the number would be close to zero. German pension funds are only allowed to hold 10% of their value in stocks, so the rest goes into bonds and other low-risk investments. This is why Germany always want high interest rates in the Eurozone.
- psyc 10y agoDoesn't make much difference how many people "own equities" if they don't own much.